JKIPLIndustrials

Jinkushal Industries Limited

Dealers-Commercial Vehicles, Tractors, Construction Vehicles · ISIN INE1FF001016 · BSE 544547 · NSE EQ · FV ₹10
Last price
₹96
-0.54%today
What this company does

Jinkushal Industries Limited operates in Dealers-Commercial Vehicles, Tractors, Construction Vehicles, part of the Industrials sector. It booked ₹57 cr of revenue in its latest quarter (Q1 FY27) and kept 3.9% of sales as profit.

To become the world’s largest and most trusted one-stop To revolutionise the construction equipment industry by Jinkushal destination for used and new construction and mining offering a seamless, transparent and tech-enabled medium equipment, while developing and delivering customer- for buying and selling used construction equipment and new focused, value-driven machinery under our own brand, machinery.
In the report:
38out of 100
Equitytale Health Score
Strained

Healthier than 38% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 234–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns31

How much profit it earns on the money it employs

Balance sheet40

How much it owes, and whether earnings cover the interest

Cash quality3

Whether reported profit actually arrives as cash

Valuation40

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 16% vs last year
Promoters hold 75%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 3.9% net margin
! Profit down 66% vs last year
! Low 4.5% return on equity

What if I invest in JKIPL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹96 -0.54%
latest close · 2026-09-17
52-wk low ₹8942 sessions so far52-wk high ₹110
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio38.2High
LowAverageHigh
P/B ratio1.90Moderate
Below bookModerateHigh
EV / EBITDA24.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity4.5%Weak
WeakFairStrong ▸15%
Return on capital8.8%Fair
WeakFairStrong
Net margin3.9%Thin
ThinDecentStrong
EBITDA margin8.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.50Comfortable
LowModerateHigh ▸1
Interest cover3.1×Okay
RiskyOkayStrong ▸5×
Current ratio2.17Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹369 cr
Book value
₹51
EPS
₹0.63
latest quarter
Net debt
₹67 cr
owes more than its cash
Enterprise value
₹436 cr
EBITDA
₹18 cr
annualised
EBIT
₹18 cr
annualised
Operating margin
8.0%
Return on assets
2.4%
Earnings yield
2.62%
P/S
1.63
Sales / share
₹58.9
Tax rate
27.7%
Face value
₹10
Shares
3.8 cr
Working capital
₹183 cr
Current assets
₹340 cr
Current liabilities
₹157 cr
Delivery %
74.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹11₹11, midpoint ₹11

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹57 cr
Other Income₹6 cr
Total Income₹62 cr
Cost of Materials₹2 cr
Purchases of Stock-in-Trade₹86 cr
Inventory Change (±)₹-44 cr
Employee Benefit Expense₹4 cr
Finance Costs₹1 cr
Other Expenses₹10 cr
Total Expenses₹59 cr
Profit before Tax₹3 cr
Tax Expense₹84.3 L
Net Profit₹2 cr
Net margin on total income3.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹44 cr70.7%
Employee benefit expense₹4 cr6.2%
Finance costs₹1 cr2.4%
Other expenses₹10 cr15.9%
Tax expense₹84.3 L1.4%
Profit for the period₹2 cr3.5%
Total income ₹62 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue44 cr192 cr57 cr
Total income45 cr193 cr62 cr
Expenses54 cr180 cr59 cr
Profit before tax-8 cr12 cr3 cr
Tax2 cr66 L84.3 L
Net profit (owners' share)-8 cr10 cr2 cr
Net margin (owners' share, on revenue)-19.3%5.3%3.9%
EPS (₹)-2.212.620.63
YoY (latest quarter): total income +18.6% · net profit -66.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹361 cr
Shareholder equity
₹194 cr
parent shareholders
Total debt
₹100 cr
Cash
₹33 cr
Cash flow · H1 FY26
Operating
₹14 cr
Investing
₹-1 cr
Financing
₹107 cr
Peer comparison
Industrials · by market value (sector-level match)
CompanyPriceMarket capP/E
Centum Electronics Limited₹4,343₹60,214 cr142.7
INDO-MIM Limited₹993₹48,086 cr50.1
Happy Forgings Limited₹2,143₹20,227 cr55.2
LMW Limited₹18,170₹19,406 cr87.4
SIGMA ADVANCED SYSTEMS LIMITED₹857₹15,105 cr106.6
Swan Defence and Heavy Industries Limited₹2,721₹14,334 cr
Ingersoll Rand (India) Limited₹4,225₹13,339 cr47.3
Kirloskar Industries Limited₹3,781₹9,166 cr29.1
Esab India Limited₹5,619₹8,646 cr38.5
Same sector · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
75.0%
FII / Foreign
2.1%
DII / Domestic
4.2%
Retail / others
18.6%
Smart-money activity
Insider trades
BoughtAnubhavi Jain · Promoter Immediate Relative14.87 L · ₹16.1 cr1 Sep 26
SoldSandhya Jain · Promoter14.87 L · ₹16.1 cr1 Sep 26
BoughtAnubhavi Jain · Promoter Immediate Relative14.87 L · ₹16.1 cr1 Sep 26
Bulk / block deals
BoughtLIMITED DHANTERASH SUPPLIERS PRIVATE · NSE2.00 L @ ₹86.6816 Apr 26
SoldSAHASTRAA ADVISORS PRIVATE LIMITED · NSE2.00 L @ ₹78.815 Apr 26
SoldABUNDANTIA CAPITAL VCC - ABUNDANTIA CAPITAL III · NSE2.00 L @ ₹58.912 Mar 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 12 Aug 2026
See the official result
1
To receive, consider and adopt the Standalone and Consolidated Audited Balance Sheet for the year ended 31st March, 2026, the Profit and Loss account for the year ended as on the said date, the Director’s Report and the Auditor’s Report thereon.
Backed by 99% of shareholders other than promotersneeded 50%
1.15 L votes for, 1,000 against · 0% of mutual funds and other big investors said no
2
To re-appointment of Mr. Anil Kumar Jain, Director (DIN: 00679518) who retires by rotation and being eligible, offers himself for re- appointments
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 50%
1.14 L votes for, 1,940 against · 0% of mutual funds and other big investors said no
3
TO APPOINT ABHISHEK JAIN & ASSOCIATES, AS SECRETARIAL AUDITORS OF THE COMPANY:
Backed by 98% of shareholders other than promotersneeded 50%
1.14 L votes for, 1,940 against · 0% of mutual funds and other big investors said no
4
TO APPROVE THE CHANGE IN DESIGNATION OF MR. ABHINAV JAIN (DIN: 07811559) FROM WHOLE TIME DIRECTOR TO MANAGING DIRECTOR OF THE COMPANY:
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 50%
1.14 L votes for, 1,940 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 40 named members
owning 75.0% between them · as of 2026-06-30
ANIL KUMAR JAIN41.78%
ABHINAV JAIN13.38%
TITHI JAIN7.75%
SANDHYA JAIN7.43%
YASHASVI JAIN3.87%
KAMLA BAI JAIN0.77%
Abhinav Jain HUFno shares
Amyra Jainno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹116 cr raised in Oct 2025 by selling shares to the public

As of Mar 2026, the company says it has spent 100% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

To meet the Long-Term incremental Working Capital Requirements
100%
₹72 cr of ₹73 cr
General Corporate Purposes
spent more than set aside
100%
₹21 cr of ₹21 cr
Offer expenses to the extent applicable to the Fresh Issue
spent more than set aside
102%
₹11 cr of ₹10 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.