MarketFriction

JNK India Ltd

NSE JNKINDIA · BSE 544167 · Industrial Products
₹432.70 -1.26%
NSE close2026-10-01
52 week range200.92 - 558.00
Market cap₹2,529 Cr.
P/E33.6
IPO 2024 · +4% since Price band 20% Delivery 39.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales96.91119.77226.9187.99103.9393.88190.9499.10178.38202.64338.44179.96
Expenses74.7979.47191.7578.6191.9487.17176.0995.80161.87176.72292.27164.06
Operating Profit22.1240.3035.169.3811.996.7114.853.3016.5125.9246.1715.90
OPM %22.83%33.65%15.50%10.66%11.54%7.15%7.78%3.33%9.26%12.79%13.64%8.84%
Other Income-0.210.79-2.592.763.453.0412.713.875.833.596.146.04
Interest1.683.782.583.622.125.243.513.642.844.166.664.44
Depreciation1.431.551.571.261.491.601.981.551.692.583.012.87
Profit before tax18.8035.7628.427.2611.832.9122.071.9817.8122.7742.6414.63
Tax %35.21%16.41%41.41%12.12%34.49%2.06%40.01%42.93%26.90%22.57%22.51%34.24%
Net Profit12.1829.9016.656.387.752.8413.241.1313.0217.6333.049.63
EPS in Rs2.526.183.441.151.390.512.370.202.363.215.842.05
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales138296407480477819899
Expenses112243338381430727795
Operating Profit255469994792104
OPM %18%18%17%21%10%11%12%
Other Income1145181922
Interest14410141718
Depreciation23766910
Profit before tax23486389448598
Tax %28%25%26%30%31%24%
Net Profit16364663306573
EPS in Rs274.6737.4848.2912.955.4111.6113.46
Dividend Payout %0%0%0%2%6%3%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%43%26%84%
Compounded Profit Growth%32%12%202%
Stock Price CAGR%%%63%
Return on Equity%20%15%12%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.601010101111
Reserves3663113186493556
Borrowings121544661991
Other Liabilities77181172267266403
Total Liabilities1252683385287891,062
Fixed Assets32021232948
CWIP000368
Investments01100014
Other Assets122237317501755991
Total Assets1252683385287891,062
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity203420-10-65-2
Cash from Investing Activity-17-25-25-14-14-162
Cash from Financing Activity-06-21521852
Net Cash Flow315-7-10139-112
Free Cash Flow161413-22-74-12
CFO/OP99%84%51%2%-74%24%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days143135103162260154
Inventory Days742452131336115
Days Payable358178103183159112
Cash Conversion Cycle-14020321211316257
Working Capital Days29226498211131
ROCE %76%53%46%15%17%
Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters67.97%67.97%67.78%67.79%67.60%67.60%67.80%67.80%67.80%
FIIs3.50%3.41%3.13%3.06%2.87%2.70%1.73%1.18%0.94%
DIIs18.53%18.67%18.44%17.87%17.44%15.76%14.13%12.57%10.91%
Public9.98%9.95%10.64%11.29%12.09%13.94%16.35%18.48%20.35%
No. of Shareholders57,17055,49059,84455,43354,68953,99655,26154,15755,674

Fundamentals

Market Cap₹ 2,529 Cr.
Current Price₹ 452
Stock P/E33.6
Book Value₹ 101
ROCE17.4 %
ROE12.1 %
Dividend Yield0.07 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)84%
Compounded Profit Growth (TTM)202%
Consolidated figures.
Valuation
Market capRs 2,423 Cr
Enterprise valueRs 2,412 Cr
P/E (TTM)32.18x
Price to book33.56x
Price to sales2.69x
EV / EBITDA19.13x
EV / EBIT20.80x
EV / sales2.68x
Price to cash flow72.29x
Earnings yield3.11%
Profitability
Operating margin (excl. other income)18.16%
Operating margin (incl. other income)18.41%
EBITDA margin14.02%
Pre-tax margin10.88%
Net profit margin8.37%
Net margin, latest quarter6.37%
ROE66.02%
ROCE76.06%
ROA18.29%
ROIC (approx.)141.99%
Tax rate24.76%
Other income / net worth1.03%
Growth
Sales growth (latest year)115.22%
Profit growth (latest year)118.33%
Sales growth QoQ-46.83%
Profit growth QoQ-64.87%
Sales growth YoY (latest quarter)81.59%
Profit growth YoY (latest quarter)915.04%
Per share
EPS (TTM)Rs 13.45
EPS (latest year)Rs 37.48
EPS (latest quarter)Rs 2.05
Book value per shareRs 12.89
Sales per shareRs 160.65
Cash flow per shareRs 5.99
Free cash flow per shareRs -2.14
Efficiency
Asset turnover1.10x
Fixed asset turnover14.75x
Inventory turnover2.64x
Inventory days138 days
Debtor days135 days
Debtors turnover2.69x
Creditor days112 days
Cash conversion cycle57 days
Working capital days131 days
Leverage
Total debtRs 15 Cr
Cash and bankRs 26 Cr
Net debtRs -11 Cr
Debt to equity0.21x
Net debt / EBITDA-0.09x
Interest coverage6.41x
Current ratio (filing 2026-03-31)2.04x
Quick ratio (filing 2026-03-31)1.98x
Trade payables (filing 2026-03-31)Rs 191 Cr
Owners' fund to total sources26.90%
Debt to assets5.58%
Cash flow
Cash from Operating Activity (latest year)Rs 34 Cr
Cash from Investing Activity (latest year)Rs -25 Cr
Cash from Financing Activity (latest year)Rs 6 Cr
Net Cash Flow (latest year)Rs 15 Cr
Free cash flow (latest year)Rs -12 Cr
FCFE (approx.: FCF + change in debt)Rs -9 Cr
Cash from ops / profit, 5 years-0.10x
Sales to cash flow8.85x
Statement figures
Net sales (TTM)Rs 899 Cr
Net sales (latest year)Rs 296 Cr
Sales (latest quarter)Rs 180 Cr
Operating profit excl. other income (latest year)Rs 54 Cr
Operating profit (latest quarter)Rs 16 Cr
Other income (TTM)Rs 22 Cr
EBITDA (TTM)Rs 126 Cr
PBDT (TTM)Rs 108 Cr
Profit before tax (TTM)Rs 98 Cr
Tax (latest year)Rs 12 Cr
Net profit (TTM)Rs 75 Cr
Net profit (latest year)Rs 36 Cr
Net profit (latest quarter)Rs 11 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 18 Cr
Cost of goods sold (latest year)Rs 165 Cr
Total expenditure (latest year)Rs 243 Cr
Total income (latest year)Rs 297 Cr
Share capitalRs 10 Cr
ReservesRs 63 Cr
Shareholders' fundsRs 72 Cr
Total assetsRs 268 Cr
Net blockRs 20 Cr
InvestmentsRs 11 Cr
ReceivablesRs 110 Cr
InventoryRs 62 Cr
Other liabilitiesRs 181 Cr
Shares outstanding (crore)5.60
Ownership
Promoter holding67.80% (+0.20 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodJNKINDIANifty 50Difference
1 week+2.4%-2.8% +5.2 pts
1 month+0.5%-6.8% +7.2 pts
3 months-10.6%-7.6% -2.9 pts
6 months+106.0%+0.4% +105.6 pts
1 year+49.9%-9.9% +59.8 pts
2 years-37.2%-13.6% -23.6 pts
9 mutual fund schemes hold about ₹252 Cr. Over three months 0 bought more and 7 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
DSP Small Cap Fund0.30%65 -13%
Kotak Multi Cap Fund0.21%61 -15%
DSP Multi Cap Fund0.93%28 -7%
HDFC Defence Fund0.21%24 -12%
Invesco India Infrastructure Fund1.56%24 -3%
HDFC Manufacturing Fund0.20%21 -8%
DSP India T.I.G.E.R Fund0.24%16 -31%
HDFC Balanced Advantage Fund0.01%10 -9%
Kotak Services Fund0.34%3 -5%

Red flags

F-score 5 of 8
lookInventory outrunning sales Inventory grew 1105% vs sales +115% in 2026
lookShare dilution Share count up 1500% in a year
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹180 Cr +81.6% vs Jun 2025. Net profit ₹10 Cr +752.2%.
Against our estimate for Jun 2026: sales +13.5%, profit -24.1% in line. Our estimate for Sep 2026: sales Rs 285 Cr, profit Rs 23 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-18Dividend - Re 0.30 Per Share
2025-09-18Dividend - Re 0.30 Per Share
2024-10-21Dividend - Re 0.30 Per Share
2024-10-21Annual General Meeting
DateTypeWhat it says
2026-09-29Order winIntimation regarding receipt of orders.
2026-09-29Shareholder meetingPlease enclosed the Scrutinizers Report for the 16th Annual General Meeting of the Company held on September 25, 2026.
2026-09-25Shareholder meetingProceedings of 16th Annual General Meeting of the Company held on Friday, September 25, 2026.
2026-09-24Credit Rating- RevisionPursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 we wish to inform you that the CRISIL Ratings Limited has revised its Credit Ratings. T...
2026-09-11Concall / analyst meetIntimation of Investor meeting scheduled on September 22, 2026
2026-09-04Record DateThe Company has fixed September 18, 2026 as a record date for the purpose of payment of final dividend, if declared by the members at the ensuing 16th...
2026-09-04UpdatesLetter to shareholders containing weblink of the Company and QR code to access the notice of the 16th AGM and Annual Report of the Company for the fin...
2026-09-03Shareholder meetingNotice of the 16th Annual General Meeting to be held on Friday, September 25, 2026 at 11:00 a.m. (IST)
2026-08-19Concall / analyst meetPursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith transcript of Q1FY27 Earnings Call held on Wednesday, Au...
2026-08-14Concall / analyst meetOutcome of meeting with Analysts/Institutional Investors held on August 14, 2026.
2026-08-13Monitoring Agency ReportPursuant to regulation 32(6) of the SEBI (LODR) Regulations, 2015 and regulation 41 of the SEBI (ICDR) Regulations, 2018 enclosing herewith monitoring...
2026-08-12Concall / analyst meetThe audio recording of the Q1FY27 earnings call organised on Wednesday, August 12, 2026, at 12.00 PM has been uploaded on website of the Company.
2026-08-12Investor PresentationInvestor Presentation
2026-08-12Investor PresentationInvestor Presentation
2026-08-11Press ReleasePursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are enclosing herewith the Q1FY27 press release dated August 11, 2026.
2026-08-11General UpdatesSubject to the necessary approval, setting up of Branch Office of the Company overseas in the Republic of Iraq.
2026-08-11Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-08-11Change in ManagementChange in the Senior Management Personnel (SMP) of the Company.
2026-08-11Integrated Filing- FinancialUnaudited (standalone and consolidated) financial results of the Company for the quarter ended June 30, 2026 alongwith limited review report.
2026-08-11Board meeting outcomeOutcome of the Board meeting for the unaudited (standalone and consolidated) Financial Results of the Company for the quarter ended June 30, 2026 alon...
2026-08-07Concall / analyst meetPursuant to regulation 30 of SEBI (LODR) Regulations, 2015 we are enclosing herewith the schedule of Analyst/Institutional Investors meeting with the ...
2026-08-07Concall / analyst meetPursuant to regulation 30 of SEBI (LODR) Regulations, 2015 we are enclosing herewith the schedule of Analyst/Institutional Investors meeting with the ...
2026-07-16UpdatesCancellation of order.
2026-06-08Press ReleaseA press release dated Jun 08, 2026, titled "JNK India Limited secures Large Export order for Incinerator Package".
2026-06-08Order winReceipt of order
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 months

Quick answers

What is the market cap of JNK India Ltd?

JNK India Ltd (JNKINDIA) has a market capitalisation of Rs 2,529 Cr. at the 2026-10-01 close.

What is the P/E ratio of JNK India Ltd?

JNK India Ltd trades at a P/E of 33.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were JNK India Ltd's latest quarterly results?

In the Jun 2026 quarter, JNK India Ltd sales was Rs 180 Cr (+81.6% vs Jun 2025) and net profit was Rs 10 Cr.

What is the 52-week high and low of JNK India Ltd?

The 52-week high is Rs 558.00 and the 52-week low is Rs 200.92.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03