JNK India (JNKINDIA) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 revenue grew 80.6% year-over-year to INR 186 crores, with EBITDA up 3.1x to INR 21.9 crores and PAT up 8.5x to INR 9.6 crores; margin improved to 11.8% from 7% last year.

• Order book as of June 30, 2026, stood at INR 1,801 crores, with a robust INR 6,000 crore bidding pipeline split evenly between domestic and export markets.

• Strategic diversification into offshore, metals, minerals, renewable energy, and marine sectors, with JNK Chemdist contributing to green hydrogen projects.

• Amended Memorandum of Association to add new business lines in heavy industrial engineering and marine/offshore operations.

• Approved setting up an overseas branch office in Iraq to pursue oil, gas, and refining projects.

Financial highlights

• Consolidated revenue for Q1 FY27 was INR 186 crores (₹1,799.63 million), up from INR 103 crores (₹990.99 million) in Q1 FY26.

• EBITDA: INR 21.9 crores, margin at 11.8% (standalone margin at 14%).

• PAT: INR 9.6 crores, up 8.5x year-over-year; PAT margin at 5.2%.

• Basic EPS: INR 2.05 in Q1 FY27 vs INR 0.20 in Q1 FY26.

• Gross Profit: INR 50.1 crores, margin at 26.9% in Q1 FY27.

Outlook and guidance

• Revenue growth guidance for FY27 remains at 20%-25%, with full-year EBITDA margin guidance at 12%-14%.

• Medium-term target: 40% of revenue from non-heating segments within 4-5 years.

• Expansion into new business lines and international markets expected to broaden addressable markets and open new revenue streams.

• Order inflow expected at a 20%-25% hit rate from a pipeline of INR 6,000 crores.