Financial Results

Standalone Financial Results for Quarter Ended June 30, 2026:

  • Revenue from Operations: ₹1,635.53 million
  • Other Income: ₹65.91 million
  • Total Income: ₹1,701.44 million
  • Total Expenses: ₹1,516.03 million
  • Profit Before Tax: ₹185.41 million
  • Tax Expense: ₹49.95 million (Current Tax: ₹55.49 million, Deferred Tax Income: ₹(5.54) million)
  • Profit for the Period: ₹135.46 million
  • Other Comprehensive Income: ₹(5.98) million
  • Total Comprehensive Income: ₹129.48 million
  • Basic EPS: ₹2.42 (not annualized)
  • Diluted EPS: ₹2.42 (not annualized)

Comparative Figures:

  • Q1 FY26 (June 30, 2025) Profit: ₹11.69 million
  • Q4 FY26 (March 31, 2026) Profit: ₹316.63 million
  • FY26 (March 31, 2026) Profit: ₹648.71 million

Consolidated Financial Results for Quarter Ended June 30, 2026:

  • Total Income: ₹1,860.00 million
  • Total Expenses: ₹1,713.65 million
  • Profit Before Tax: ₹146.35 million
  • Tax Expense: ₹50.10 million
  • Profit for the Period: ₹96.25 million
  • Total Comprehensive Income: ₹90.27 million
  • Basic EPS: ₹2.05 (not annualized)
  • Diluted EPS: ₹2.05 (not annualized)

Segment Information (Consolidated)

Combustion Equipment Segment:

  • Q1 FY27 Revenue: ₹1,637.10 million
  • Q1 FY27 Segment Profit: ₹297.25 million

Process Equipment Segment:

  • Q1 FY27 Revenue: ₹162.53 million
  • Q1 FY27 Segment Loss: ₹(13.30) million

Board Approvals

1. Unaudited Financial Results: Approved standalone and consolidated financial results for quarter ended June 30, 2026 along with Limited Review Report pursuant to Regulation 33.

2. MOA Amendment: Subject to shareholder and regulatory approvals, approved amendment to Main Object Clause and Ancillary object of Memorandum of Association for adoption of new line of business involving industrial, offshore, and infrastructure projects including EPC, turnkey, and PPP models.

3. Overseas Branch: Subject to necessary approvals, approved setting up of Branch Office in Republic of Iraq.

4. Senior Management Changes: Approved changes in senior management personnel.

Management Changes

Appointments effective August 11, 2026:

  • M. Pravin Pulujkar: Designated as Senior Management Personnel (Senior Procurement Professional with 22+ years experience in Oil & Gas, EPC, Chemical, and Automobile industries)
  • Mr. Prasad Phatak: Designated as Senior Management Personnel (Senior General Manager - Projects with over 30 years experience in EPC project management)

Cessation effective August 11, 2026:

  • Mr. Ravikumar Mudali Vallathur: Ceased to be designated as Senior Management Personnel (continues employment with company)

IPO Proceeds Utilization

As of June 30, 2026, full utilization of IPO proceeds (net of expenses):

  • Working Capital requirements: ₹2,646.50 million (fully utilized)
  • General Corporate purpose: ₹170.49 million (fully utilized)
  • Total: ₹2,816.99 million utilized

Subsidiary Information

Consolidated results include:

  • JNK India Private FZE (wholly owned subsidiary)
  • JNK Renewable Energy Private Limited (wholly owned subsidiary)
  • JNK Chemdist Technologies Private Limited (subsidiary)

Auditor Information

Limited review conducted by P G BHAGWAT LLP, Chartered Accountants (Firm Registration Number: 101118W/W100682)

Additional Information

  • Company completed IPO in FY25 with issue of 15,649,967 equity shares at ₹415 per share
  • Company operates in two segments: Combustion Equipment and Process Equipment
  • New Labour Codes impact assessed at ₹9.22 million for FY26 standalone results
  • Previous period EPS figures corrected for computational errors