Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation on the ....
COCKERILL · price
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John Cockerill India reported a strong turnaround in Q3CY25, with revenue rising 28% YoY to INR 970 million and EBITDA swinging to a profit of INR 113 million from a loss of INR 86 million in Q3CY24. PAT also turned positive at INR 89 million (vs a loss of INR 75 million), with EBITDA margin expanding sharply to 11.7% from -11.4%. For 9MCY25, revenue was lower at INR 2,555 million (down 19%) but EBITDA improved to INR 128 million with EBITDA margin rising to 5.0% from -1.0%. The order book doubled between Q2 and Q3CY25 to INR 11,291 million, supported by major wins from JSW JFE Nashik (INR 2,700 mn), JSW Steel Coated Products (INR 1,750 mn), Tata Steel (INR 800 mn), Godawari Power (INR 500 mn) and Jindal India (INR 400 mn). Cash position improved to INR 1,472 million (Sep-25) from INR 742 million (Dec-24).
The sharp swing to profitability, doubled order book, and stronger cash position are positive for shareholders, indicating a sustained recovery. Additionally, the proposed acquisition of John Cockerill Metals International SA (JCMI) for up to EUR 50 million will consolidate the parent's global Metals business under JCIL, potentially expanding scale and margins but also adding acquisition-related execution risk.