Jinkushal Industries Limited

About

Jinkushal Industries Limited provides solutions for companies in the construction and mining equipment sector. It offers a diversified portfolio of equipment, including backhoe loaders, cranes, dozers, wheel loaders, crushers, pavers, generator sets, piling rigs, rollers, motor graders, telehandlers, and excavators, as well as proprietary HexL backhoe loaders. The company also provides machine hiring, warehousing, and business auxiliary services. In addition, the company focuses on the export, refurbishment, customization, and sale of new and used construction and mining machinery under the HexL brand. The company was formerly known as Jinkushal Industries Private Limited and changed its name to Jinkushal Industries Limited in October 2024. The company was founded in 1972 and is headquartered in Raipur, India.

Key Metrics

as of Sep 2026

Market Cap384 Cr

P/E45.00

Div Yield0.00 %

Book Value₹50.60

52w High₹128.00

52w Low₹45.40

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024
Sales	51.29	133.06	90.77	52.23	37.32	70.38	43.30	66.61	31.57
Expenses	50.81	129.93	85.05	45.70	34.53	65.09	38.81	59.87	30.15
Operating Profit	0.48	3.13	5.72	6.53	2.79	5.29	4.49	6.74	1.42
OPM %	0.94	2.35	6.30	12.50	7.48	7.52	10.37	10.12	4.50
Other Income	5.35	0.01	1.02	0.00	3.18	0.14	1.07	2.13	4.16
Depreciation	0.25	0.20	0.21	0.21	0.21	0.21	0.21	0.21	0.21
Interest	1.43	1.33	0.82	1.56	1.25	1.21	0.98	0.82	0.70
Profit before tax	4.15	1.61	5.71	4.76	4.51	4.01	4.37	7.84	4.67
Tax %	20.24	40.99	26.97	25.63	16.85	24.94	28.83	21.81	17.77
Net Profit	3.31	0.96	4.17	3.55	3.76	3.00	3.11	6.12	3.84
EPS in Rs	0.86	0.25	1.09	0.92	1.26	215.83	223.74	440.29	276.26

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Sales	313.00	212.00	239.00	233.00	177.00	76.00
Expenses	291.00	191.00	215.00	219.00	167.00	73.00
Operating Profit	22.00	21.00	24.00	14.00	10.00	3.00
OPM %	7.00	10.00	10.00	6.00	6.00	4.00
Other Income	0.00	4.00	4.00	0.00	2.00	1.00
Interest	5.00	4.00	2.00	1.00	1.00	1.00
Depreciation	1.00	1.00	1.00	1.00	0.00	0.00
Profit before tax	17.00	21.00	25.00	13.00	11.00	3.00
Tax %	25.00	23.00	24.00	24.00	24.00	25.00
Net Profit	12.00	16.00	19.00	10.00	9.00	2.00
EPS in Rs	3.24	1,156.83	1,360.43	728.06	616.55	158.27
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Equity Capital	38.00	0.14	0.14	0.14	0.14	0.14
Reserves	127.00	59.00	43.00	24.00	14.00	6.00
Borrowings	101.00	55.00	46.00	16.00	12.00	8.00
Other Liabilities	44.00	30.00	19.00	9.00	12.00	9.00
Total Liabilities	310.00	144.00	108.00	49.00	38.00	22.00
Fixed Assets	8.00	9.00	10.00	9.00	5.00	6.00
CWIP	1.00	0.00	0.00	1.00	1.00	0.00
Investments	24.00	27.00	18.00	9.00	7.00	1.00
Other Assets	278.00	108.00	80.00	31.00	25.00	16.00
Total Assets	310.00	144.00	108.00	49.00	38.00	22.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Cash from Operating Activity	-113.00	-6.00	-25.00	10.00	3.00	3.00
Cash from Investing Activity	0.00	-5.00	-8.00	-5.00	-5.00	-1.00
Cash from Financing Activity	135.00	5.00	27.00	4.00	3.00	-1.00
Net Cash Flow	22.00	-6.00	-5.00	10.00	1.00	0.00
Free Cash Flow	-116.00	-6.00	-26.00	6.00	4.00	3.00
CFO/OP %	-489.00	-6.00	-81.00	94.00	58.00	112.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Debtor Days	253.00	153.00	92.00	1.00	1.00	7.00
Inventory Days	14.00	25.00	13.00	26.00	28.00	30.00
Days Payable	42.00	56.00	28.00	6.00	16.00	24.00
Cash Conversion Cycle	225.00	122.00	76.00	21.00	13.00	13.00
Working Capital Days	129.00	39.00	14.00	-8.00	6.00	16.00
ROCE %	12.00	24.00	41.00	42.00	54.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025
Promoters	74.99	74.99	74.99	74.99
FIIs	2.12	0.82	1.59	2.23
DIIs	4.23	4.17	5.39	8.95
Public	18.65	20.01	18.03	13.83
No. of Shareholders	14,637	16,924	17,480	28,907

Corporate Actions

No corporate actions recorded.

Announcements

5 filings

Disclosure under Regulation 30A of LODR
03 Sep 2026 3 Sep - Promoter Sandhya Jain and Anubhavi Jain disclosed off-market inter-se equity share transfer by gift.
Disclosure under Regulation 30A of LODR
03 Sep 2026 3 Sep - Promoter Ms. Anubhavi Jain received shares via off-market inter-se gift transfer.
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 Aug 2026 21 Aug - Transcript of Analyst/ Institutional Investor Meeting/ Call on Financial Result for the quarter ended June 30th 2026
Announcement under Regulation 30 (LODR)-Updates on Acquisition
21 Aug 2026 21 Aug - Sandhya Jain to gift 14,87,300 shares to Anubhavi Jain on or after 28 August 2026.
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 Aug 2026 19 Aug - Q1 FY27 earnings call held on 19 Aug 2026; audio recording available on company website.