JNK India (JNKINDIA) Q4 21/22 earnings summary

Executive summary

• FY22 total income reached ₹28,984 lakh vs ₹12,212 lakh; profit after tax was ₹3,594 lakh vs ₹1,648 lakh.

• Operations center on EPC design, engineering, manufacture, fabrication, procurement, erection and commissioning of fired heaters and related products.

Financial highlights

• Revenue from operations was ₹28,912 lakh vs ₹12,151 lakh; profit before tax was ₹4,778 lakh vs ₹2,281 lakh.

• Total expenses increased to ₹24,206 lakh from ₹9,932 lakh; project expenses were ₹6,558 lakh vs ₹1,482 lakh.

• PAT was ₹3,594 lakh vs ₹1,648 lakh; total tax expense was ₹1,184 lakh vs ₹633 lakh.

• Basic and diluted EPS were ₹99.83 vs ₹274.17; FY22 included a 15-for-1 bonus issue.

Outlook and guidance

• Management assessed COVID-19 effects as short-term, with no expected medium- or long-term risk to continuity, liquidity or asset realization; it cautioned that the evolving situation could change estimates.