Companies›Industrials›Capital Goods›Industrial Manufacturing
NSE:JNKINDIA

JNK INDIA LIMITED

Capital Goods › Industrial Manufacturing
₹390.00
at close · 27 Oct 2026
▲ 11.30 (+2.98%)
ThemesGreen Hydrogen· growingSolar Energy· growing

Latest filings

  1. Compliance certificate for Q2 FY26 dematerialisation · Compliance
  2. JNK India receives two significant orders from Indian customer · Business Updates
  3. AGM voting results - all 7 resolutions passed, dividend of Rs 0.30/share declared · Board & Shareholder Meetings
All filings ↓
Ask Nexa about JNK INDIA LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Designs, fabricates and supplies fired heaters and related combustion engineering equipment for oil refineries, petrochemical plants, fertilizer units and renewable-energy projects, with a growing line of process plant equipment and a new green-hydrogen arm. The combustion-equipment (heating equipment) line accounts for the bulk of the order book — 94% as of FY26 year-end — and contributed 72.7% of FY26 revenue per management commentary, with process plant at 17.4%, flares/incinerators at 6.3% and special fabricated equipment at 3.1%. Execution is project-based: the company carries out engineering, fabrication and supply of these packages for customers such as Indian public-sector refiners (BPCL, IOCL, MRPL, Haldia), Dangote in Nigeria, ADNOC in the UAE and green-hydrogen developers. Order inflows of Rs 1,694.4 crores in FY26 lifted the order book to Rs 1,961.4 crores (97.5% domestic, 2.5% international) and management disclosed an active export bid pipeline of about Rs 4,000 crores across Africa, the Middle East and Russia, including prequalification for Dangote Phase 2 fired heaters and reformers. A 51% subsidiary, JNK Chemdist Technologies, became operational in Q3 FY26, contributed about 7% of group revenue in its first six months and is working on a Hydrogen Valley Pune green-hydrogen project; the JV is expected to lift to 10-15% of revenue over the next one to two years. Cost structure is materials-heavy: raw materials and bought-out items were 51.8% of FY26 revenue, employee cost 8.1%, and other operating expenses 28.6%, with depreciation and capex both at 1.1%.

Revenue mix · reported segments
Combustion Equipment (fired heaters and related combustion engineering products)72.7%
Process Plant / Process Equipment17.4%
Flares and Incinerators6.3%
Special Fabricated Equipment3.1%
Operating scale
Order book
Rs 1,961.4 crores31 Mar 2026
Order inflows FY26
Rs 1,694.4 croresFY26
Export bid pipeline
~Rs 4,000 crores (Africa, Middle East, Russia)Q4 FY26
Order book mix by geography
97.5% domestic, 2.5% international31 Mar 2026
Order book mix by product
Heating equipment 94% of order book31 Mar 2026
Chemdist JV ownership
51% subsidiary (JNK Chemdist Technologies)FY26
Who pays it
Indian public-sector refiners and petrochemical operators (BPCL, IOCL, MRPL, Haldia), Dangote in Nigeria, ADNOC and other UAE/Emirates clients, and green-hydrogen/fertilizer project developers.
Biggest cost
Raw materials and bought-out items at 51.8% of FY26 revenue — primarily steel plate, tubes and proprietary combustion components for fabrication.
Kind of business
Project-based, order-driven industrial fabricator with a single dominant product line (fired heaters), a small green-hydrogen JV and an emerging export pipeline.
Where it sits
Indian fabricator of fired heaters and combustion equipment serving domestic refineries, petrochemicals and fertilizers, with an active export push and a newly operational green-hydrogen subsidiary.
Market Cap
₹2,182 Cr
P / E (TTM)
28.8×
EV / EBITDA
17.6×
Div Yield
0.08%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
17.5%▲
ROCE (FY26)
ROE 11.4% · margin 13.6%
Leverage
0.13·
Debt / Equity · low
Net debt ₹42 Cr
Revenue FY24→FY26
1.7×▲
Margin −5.1 pts
₹480 Cr → ₹819 Cr
Cash conversion
-0.49×▼
Operating cash ÷ profit · 3 yrs
₹-78 Cr on ₹158 Cr
Moves on a normal day
1.89%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 145 Industrial Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#71/130
P/B#64/112
ROCE#53/142
ROE#46/113
Debt / Equity#50/113
EBITDA margin#57/110
Revenue growth#15/114
Profit growth#5/109

Scorecard

Measured from the filed financials, judged against its Industrial Products peers · as of FY26 — not investment advice

Strengths
Returns on capital 17.5%
#53 of 142 in Industrial Products on the latest reported figures
Concerns
Over 3 years it reported ₹158 Cr of profit and an operating cash outflow of ₹78 Cr — -0.49×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

JNKINDIA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from JNK INDIA LIMITED's filed financials and exchange disclosures

What does JNK INDIA LIMITED do?

JNK INDIA LIMITED is a Industrial Manufacturing company listed on NSE and BSE, trading under the symbol JNKINDIA.

Is JNK INDIA LIMITED profitable?

Yes. Over the trailing twelve months JNK INDIA LIMITED reported a net profit of ₹74 Cr on revenue of ₹899 Cr.

Does JNK INDIA LIMITED pay a dividend?

Yes. The dividend yield is 0.08% at the current price. It paid out 3% of its profit as dividend in FY26.

Is JNK INDIA LIMITED debt-free?

No. It reported borrowings of ₹74 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹42 Cr after cash. Debt stands at 0.13× equity. That is lower than 56% of its 113 Industrial Products peers.

Is JNK INDIA LIMITED expensive compared with its peers?

On trailing P/E, JNK INDIA LIMITED ranks 71 of 130 in Industrial Products — cheaper than 46% of them, against an industry median of 26.5×. This is a position, not a valuation judgement.

How much does the JNK INDIA LIMITED share price move in a day?

On a typical session JNK INDIA LIMITED moves 1.89% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track JNK INDIA LIMITED's announcements?

Every NSE and BSE filing by JNK INDIA LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.