JNK India (JNKINDIA) Q4 25/26 earnings summary

Executive summary

• FY 2026 revenue rose 68% year-over-year to INR 838 crore, with Q4 revenue at INR 344.6 crore, and operating profit for the year at INR 212.3 crore.

• PAT for FY 2026 was INR 64.8 crore, up 114.6%, with Q4 PAT at INR 33 crore, up 149.5%.

• Order inflows for FY 2026 were INR 1,694.4 crore, with a closing order book of INR 1,961.4 crore as of March 31, 2026.

• Strategic JV in green hydrogen and sustainable chemicals contributed 7% to group revenue in its first year.

• Audited standalone and consolidated financial results for FY 2026 were approved, with a final dividend of Rs. 0.30 per share recommended.

Financial highlights

• FY 2026 EBITDA was INR 111.3 crore, up 71.6%, with a margin of 13.3%; Q4 EBITDA was INR 52.3 crore, up 89.9%.

• Q4 FY 2026 operating margin was 25.1%, EBITDA margin 15.2%, and PAT margin 9.6%.

• EPS for FY 2026 was Rs. 11.61.

• Standalone and consolidated net profit for FY 2026 was Rs. 648.71 million and Rs. 648.20 million, respectively.

• Consolidated total assets grew to Rs. 10,615.62 million as of March 31, 2026.

Outlook and guidance

• Revenue growth of 25%-30% expected in FY 2027, driven by a robust project pipeline and expansion in refining, petrochemicals, fertilizers, and renewables.

• EBITDA margin guidance maintained at 14%-15% for FY 2027.

• Order inflow conversion rate expected at 25%-30% of bid pipeline, targeting INR 1,300-1,500 crore in new orders.

• Focus on delivering complex, high-value projects and strengthening leadership across key verticals.

• Chemdist JV expected to contribute 10%-15% of revenue in coming years.