J Kumar Infraprojects Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹3,111 Cr
- P/E
- 8.01
- ROE
- 12.33%
- PEG
- 0.63
- Price to sales
- 0.54
- Debt to equity
- 0.18
- 52W high / low
- ₹659 / ₹408
- Sales growth (5Y)
- 17.24%
- EBITDA margin
- 14.28%
- Net profit margin
- 6.89%
- Promoter holding
- 46.64%
- Sales (last year)
- ₹5,723 Cr
J Kumar Infraprojects Limited is engaged in the business of execution of contracts of various infrastructure projects including Transportation Engineering, Irrigation Projects, Civil Construction and Piling Work etc. [1]
Guidance scorecard · Q1 FY27 call
What J Kumar Infraprojects Ltd's management guided
and where it ranks in Construction
Construction
RevenueQ1 FY27 call
10–20%- FY27 revenue growth guidance: 15% year-on-year, targeting around INR6,500 crores.
- Strong order book of INR22,000 crores plus additional INR5,500 crores orders and INR1,500 crores L1.
- New projects to contribute significantly from Q2 and H2 FY27, with some projects like Vadhvan starting from Q3.
- INR7,500 crores revenue target shifted from FY27 to FY28 with EBITDA margin of 14%-15%.
- Optimistic about crossing INR8,000–10,000 crores order inflow in FY27, with potential for INR12,000–15,000 crores eventually.
2 more points from J Kumar Infraprojects Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what J Kumar Infraprojects Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Maintenance capex is about INR 100 crores per year, considered routine.
- Significant past capex included INR 350-400 crores for Chennai project (special launchers) and INR 400 crores for GMLR project (TBM).
- For the next 2 years (FY27 and FY28), expected capex is around INR 150 crores per year, including maintenance capex.
- No major new capex anticipated unless new big projects requiring special equipment are secured.
- Recently completed part of capex related to TBMs and Chennai elevated corridor projects.
- No immediate plans for fresh fund raising for capex at present.
2 more points from J Kumar Infraprojects Ltd's call on capex
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FundraisingQ1 FY27 call
None plannedSee what J Kumar Infraprojects Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- Total order book as on June 30, 2026: INR 22,246 crores.
- Order inflow in Q1 FY27: INR 5,500 crores.
- Additional L1 position: INR 1,500 crores for Delhi Metro underground, making expected order book ~INR 7,000 crores.
- Target order inflow for FY27: INR 8,000 to 10,000 crores.
2 more points from J Kumar Infraprojects Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Construction companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹6,531 Cr | 11.7 | |
| 2 | 40%+ | Flat | ₹1,089 Cr | 9.3 | |
| 3 | 40%+ | Flat | ₹898 Cr | 7.6 | |
| 4 | 40%+ | Flat | ₹807 Cr | 14.7 | |
| 5 | 40%+ | Flat | ₹554 Cr | 13.1 | |
| 6 | 40%+ | Flat | ₹516 Cr | 30.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Construction rankingFinancials of J Kumar Infraprojects Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of J Kumar Infraprojects Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,134 | 1,131 | 1,104 | 1,219 | 1,425 | 1,282 | 1,292 | 1,487 | 1,633 | 1,479 | 1,337 | 1,306 | 1,573 |
| Expenses + | 975 | 969 | 945 | 1,039 | 1,222 | 1,097 | 1,104 | 1,268 | 1,398 | 1,263 | 1,143 | 1,117 | 1,353 |
| Operating Profit | 159 | 162 | 160 | 179 | 203 | 184 | 188 | 219 | 235 | 216 | 194 | 189 | 219 |
| OPM % | 14% | 14% | 14% | 15% | 14% | 14% | 15% | 15% | 14% | 15% | 15% | 14% | 14% |
| Other Income + | 9 | 7 | 6 | 7 | 9 | 9 | 8 | 7 | 10 | 11 | 12 | 9 | 31 |
| Interest | 27 | 27 | 27 | 33 | 37 | 33 | 33 | 47 | 43 | 38 | 39 | 44 | 41 |
| Depreciation | 41 | 41 | 42 | 43 | 41 | 41 | 41 | 42 | 45 | 45 | 42 | 42 | 65 |
| Profit before tax | 100 | 100 | 96 | 111 | 134 | 120 | 122 | 136 | 157 | 144 | 125 | 111 | 144 |
| Tax % | 26% | 27% | 23% | 26% | 26% | 28% | 26% | 27% | 27% | 29% | 27% | 25% | 27% |
| Net Profit + | 74 | 73 | 73 | 83 | 100 | 86 | 90 | 100 | 114 | 103 | 91 | 84 | 105 |
| EPS in Rs | 9.76 | 9.63 | 9.71 | 10.92 | 13.17 | 11.42 | 11.92 | 13.18 | 15.08 | 13.58 | 12.09 | 11.08 | 13.94 |
Financials of J Kumar Infraprojects Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,343 | 1,409 | 1,604 | 2,051 | 2,787 | 2,971 | 2,571 | 3,527 | 4,203 | 4,879 | 5,693 | 5,694 |
| Expenses + | 1,093 | 1,160 | 1,354 | 1,730 | 2,351 | 2,542 | 2,259 | 3,023 | 3,606 | 4,175 | 4,867 | 4,875 |
| Operating Profit | 251 | 248 | 251 | 321 | 436 | 429 | 311 | 505 | 597 | 704 | 826 | 819 |
| OPM % | 19% | 18% | 16% | 16% | 16% | 14% | 12% | 14% | 14% | 14% | 15% | 14% |
| Other Income + | 13 | 17 | 31 | 29 | 28 | 28 | 25 | 25 | 30 | 28 | 33 | 63 |
| Interest | 77 | 62 | 66 | 70 | 94 | 98 | 104 | 100 | 99 | 124 | 155 | 162 |
| Depreciation | 47 | 51 | 56 | 73 | 102 | 126 | 144 | 147 | 155 | 168 | 169 | 194 |
| Profit before tax | 139 | 153 | 160 | 207 | 268 | 233 | 89 | 283 | 374 | 441 | 535 | 525 |
| Tax % | 32% | 36% | 33% | 34% | 34% | 21% | 28% | 27% | 27% | 25% | 27% | 27% |
| Net Profit + | 94 | 98 | 107 | 137 | 177 | 184 | 64 | 206 | 274 | 329 | 390 | 384 |
| EPS in Rs | 14.63 | 13.02 | 14.18 | 18.05 | 23.40 | 24.26 | 8.45 | 27.21 | 36.26 | 43.43 | 51.60 | 50.69 |
| Dividend Payout % | 14% | 15% | 14% | 11% | 10% | 5% | 12% | 11% | 10% | 9% | 8% | 8% |
Financials of J Kumar Infraprojects Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 |
| Reserves | 757 | 1,254 | 1,353 | 1,471 | 1,630 | 1,793 | 1,849 | 2,049 | 2,302 | 2,604 | 2,967 | 3,325 |
| Borrowings + | 515 | 354 | 437 | 580 | 691 | 708 | 567 | 472 | 547 | 593 | 673 | 589 |
| Other Liabilities + | 388 | 318 | 936 | 1,272 | 1,139 | 1,141 | 1,191 | 1,386 | 1,469 | 1,473 | 1,935 | 2,193 |
| Total Liabilities | 1,692 | 1,964 | 2,763 | 3,362 | 3,497 | 3,680 | 3,645 | 3,944 | 4,356 | 4,708 | 5,612 | 6,144 |
| Fixed Assets + | 430 | 430 | 511 | 716 | 779 | 854 | 806 | 790 | 925 | 971 | 1,149 | 1,236 |
| CWIP | 63 | 68 | 71 | 126 | 80 | 99 | 150 | 152 | 107 | 111 | 98 | 295 |
| Investments | 1 | 179 | 0 | 15 | 32 | 1 | 2 | 2 | 1 | 1 | 2 | 314 |
| Other Assets + | 1,198 | 1,287 | 2,180 | 2,504 | 2,607 | 2,725 | 2,688 | 3,000 | 3,323 | 3,625 | 4,363 | 4,299 |
| Total Assets | 1,692 | 1,964 | 2,763 | 3,362 | 3,497 | 3,680 | 3,645 | 3,944 | 4,356 | 4,708 | 5,612 | 6,144 |
Financials of J Kumar Infraprojects Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 59 | 64 | -22 | 265 | 83 | 259 | 369 | 381 | 183 | 336 | 375 | 1,116 |
| Cash from Investing Activity + | -53 | -226 | 65 | -323 | -108 | -123 | -111 | -91 | -186 | -193 | -306 | -705 |
| Cash from Financing Activity + | 3 | 171 | 10 | 55 | -1 | -148 | -271 | -224 | -43 | -105 | -105 | -276 |
| Net Cash Flow | 8 | 9 | 53 | -3 | -27 | -11 | -13 | 65 | -46 | 38 | -35 | 135 |
| Free Cash Flow | 18 | 9 | -162 | -68 | -36 | 83 | 239 | 269 | -35 | 119 | 141 | 653 |
| CFO/OP | 39% | 43% | 21% | 104% | 36% | 82% | 131% | 88% | 46% | 65% | 59% | 163% |
Financials of J Kumar Infraprojects Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 55 | 77 | 111 | 94 | 65 | 79 | 88 | 92 | 99 | 89 | 95 | 95 |
| Inventory Days | 248 | 200 | 243 | 246 | 195 | 63 | 65 | 59 | 51 | 55 | 49 | 28 |
| Days Payable | 62 | 47 | 68 | 99 | 64 | 92 | 104 | 92 | 83 | 68 | 82 | 71 |
| Cash Conversion Cycle | 241 | 230 | 286 | 241 | 196 | 50 | 49 | 59 | 68 | 77 | 63 | 52 |
| Working Capital Days | 6 | 81 | 20 | 2 | 19 | 22 | 15 | 59 | 60 | 70 | 56 | 47 |
| ROCE % | 18% | 15% | 13% | 14% | 16% | 14% | 8% | 15% | 17% | 18% | 20% | 18% |
Guidance history
How J Kumar Infraprojects Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | None planned | Rising |
| Q4 FY26 call → | 10–20% | Up 0–2% | Planned | Planned | Rising |
| Q3 FY26 call → | 10–20% | Flat | Planned | None planned | Flat |
| Q2 FY26 call → | 10–20% | Up 0–2% | Planned | Planned | Flat |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
9 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −36.6% | 15% |
| Last 6 months | −20.9% | 17% |
| Last 3 months | −15.4% | 28% |
The price is 54.5% below its all-time high of ₹903.3 (5 Jul 2024). Stocks more than 20% below their peak have their score halved, so 18 became 9.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For J Kumar Infraprojects Ltd: 0.4 × 15 + 0.4 × 17 + 0.2 × 28 = 18, halved to 9 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What J Kumar Infraprojects Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
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