Financial Performance (Consolidated, Q1FY27 vs Q1FY26)

Total Income: ₹186.0 crore (up 80.6% YoY from ₹103.0 crore in Q1FY26)

  • Includes Revenue of ₹16.5 crore from JNK Chemdist Limited (not part of Q1FY26)

EBITDA (Includes Other Income): ₹21.9 crore (3.1x growth YoY from ₹7.2 crore)

EBITDA Margin: 11.8% (improved from 7.0% in Q1FY26)

Profit After Tax: ₹9.6 crore (8.5x growth YoY from ₹1.1 crore)

Profit After Tax Margin: 5.2% (improved from 1.1% in Q1FY26)

Full Year FY26 Reference: Total Income ₹838.0 crore, EBITDA ₹111.3 crore, EBITDA Margin 13.3%, PAT ₹64.8 crore, PAT Margin 7.7%

Management Commentary

Mr. Arvind Kamath, Chairperson and Whole Time Director, stated:

  • Strong start to FY27 with healthy project execution and business traction
  • Maintained EBITDA margin of 11.8% demonstrating ability to deliver growth with stable margins
  • Focus on sustaining discipline while scaling business further

Order Book and Pipeline

  • Order book as of June 30, 2026: ₹1,801 crore
  • Bidding pipeline: Approximately ₹6,000 crore across domestic and international markets
  • Healthy opportunity set in both international and domestic markets with increasing international project participation
  • Strong visibility for order inflows

Business Expansion and Diversification

  • Entering offshore, metals & minerals segments
  • Increased focus on renewable energy segment
  • JNK Chemdist adding value to renewable energy focus, currently executing green hydrogen project
  • Actively pursuing more opportunities in renewable energy related categories
  • Expansion expected to broaden addressable market and enable participation in emerging investment opportunities

Corporate Structure and Operations

  • Specializes in thermal designing, engineering, manufacturing, and commissioning of process-fired heaters, reformers, and cracking furnaces
  • Expanded portfolio includes waste gas handling systems (flares, incinerators), hydrogen production and distribution systems, solar EPC solutions, and process plants
  • Fabrication facility in Mundra, Gujarat: Approximately 20,000 square meters, multi-product SEZ unit
  • Strategic partnership with JNK Global (South Korea) for industrial combustion equipment
  • Joint venture with founders of Chemdist Group (JNK India holds 51% equity) for green hydrogen, sustainable fuels, chemicals, and carbon capture systems
  • Serves refining, petrochemicals, steel, and fertilizers industries

Investor Relations Contacts

  • Advisors: Strategic Growth Advisors Pvt. Ltd. (Mandar Chavan, Rahul Agarwal)