JNK India Profit Down by 20.5% in March Quarter
By Ankur Chandra | Updated at: May 31, 2025 10:45 PM IST
Mumbai | May 30, 2025 – JNK India Ltd (NSE: JNKINDIA, BSE: 544167) has announced the release of its financial results for the Q4 and FY25. The company, a leader in process-fired heaters and combustion equipment, reported strong financial results.
Q4FY25 Highlights (Standalone)
| Metric | Q4FY25 | Q3FY25 | QoQ % | Q4FY24 | YoY % |
|---|---|---|---|---|---|
| Revenue from Operations | ₹1,999.7 Mn | ₹969.2 Mn | +106.3% | ₹2,243.2 Mn | -10.9% |
| Operating Profit | ₹442.1 Mn | ₹292.9 Mn | +50.9% | ₹660.8 Mn | -33.1% |
| EBITDA | ₹275.5 Mn | ₹97.5 Mn | +182.7% | ₹325.7 Mn | -15.4% |
| PAT | ₹132.4 Mn | ₹28.4 Mn | +365.8% | ₹166.5 Mn | -20.5% |
| EBITDA Margin | 13.8% | 10.1% | 14.5% | – | – |
| PAT Margin | 6.6% | 2.9% | 7.4% | – | – |
FY25 Highlights
| Metric | FY25 | FY24 | YoY % |
|---|---|---|---|
| Total Revenue | ₹4,950.1 Mn | ₹4,829.8 Mn | +2.5% |
| EBITDA | ₹648.8 Mn | ₹1,045.0 Mn | -37.9% |
| PAT | ₹302.0 Mn | ₹626.5 Mn | -51.8% |
| Operating Profit | ₹1,424.5 Mn | ₹1,825.9 Mn | -22.0% |
| Order Inflow | ₹9,327 Mn | ₹2,115 Mn (FY21) | +~4.4x in 4 years |
| Order Book (Mar’25) | ₹10,819 Mn | ₹1,436 Mn (FY21) | +~8x in 4 years |
Segment-Wise & Market Performance
- Order Inflow by Segment (FY25):
- Heating: 76.1%
- Flares/Incinerators: 8.9%
- Process Plants: 15.0%
- Domestic: 93.3%
- Exports: 6.7%
Strategic Achievements
- Successfully launched an IPO worth ₹6,490 Mn in FY25. It resulted in strengthening capital and enabling the execution of large-scale orders.
- Expanded into new product categories, such as cracking furnaces, flares, incinerators, process plants, and solar EPC.
- Enhanced fabrication infrastructure at Mundra SEZ with 5,000 MT installed capacity and export-oriented capabilities.
- Recognised with the Best Housekeeping and Safety Compliance Award by IOCL Panipat in March 2025.
Management Commentary
“Q4 FY25 marked a strong close to JNK India’s first year as a listed company. With our highest-ever order inflow of ₹9,327 million and a closing order book of ₹10,819 million, we are well-positioned for growth,” said Mr. Arvind Kamath, Chairperson and Whole-Time Director. “Our diversification into flares, incinerators, and cracking furnaces has bolstered our positioning in the refinery and petrochemical space. We remain focused on timely execution and scaling operational systems for FY26.”
Shareholding Update (as of Mar 31, 2025)
| Shareholder Type | % Holding |
|---|---|
| Promoters | 67.78% |
| Non-Promoters (Public) | 32.22% |
Outlook
India’s refining and petrochemical sectors have been showing strong growth. JNK is capable of leveraging its growth to enhance its engineering capabilities and global partnership with JNK Global (Korea). It will help the company expand both domestic and international order pipelines in FY26.
REF: https://nsearchives.nseindia.com/corporate/JNKINDIA23_30052025115746_Covering_letter.pdf
