J. Kumar Infraprojects Limited (JKIL) AI Stock Analysis

• Market Cap: ₹37.11B
• Dividend Yield: 0.67%
• Average Volume (3M): 4.46K
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.73
• Revenue Growth: 13.96%
• EPS Growth: 12.91%
• Country: IN
• Employees: 7,335
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 12.10
• Shares Outstanding: 75,665,504
• 10 Day Avg. Volume: 3,255
• 30 Day Avg. Volume: 4,460
• PEG Ratio: 0.72
• Price to Book (P/B): 1.71
• Price to Sales (P/S): 0.90
• P/FCF Ratio: 36.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹715.00
• Price Target Upside: 19.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 55.73
• Revenue Forecast (FY): ₹58.38B

• Rating: 67 Neutral
• Price Target: ₹552.00 ▼(-7.92% Downside)
• Action: Downgraded Date: 11/26/25
• Date: Action: Downgraded 11/26/25

J. Kumar Infraprojects Limited's strong financial performance is the most significant factor, showcasing robust growth and efficient cash management. However, technical analysis indicates bearish momentum, which could pose short-term risks. The valuation is reasonable, providing some support to the stock's attractiveness.

Positive Factors

Free Cash Flow Generation

Sustained free cash flow growth and a strong operating cash flow to net income ratio indicate the company reliably converts profits into cash. That strengthens funding for new bids, working capital needs, and capital expenditure without heavy external financing, supporting durability over months.

Healthy Profitability Margins

Consistently healthy gross margins and improving net profit, plus strong EBIT/EBITDA margins, reflect efficient cost management and operational discipline. Durable margins reduce sensitivity to cyclical headwinds, enabling sustainable earnings and reinvestment capacity across projects.

Stable Balance Sheet

A solid equity base and moderate leverage provide financial flexibility to bid on large government infrastructure contracts and absorb project timing differences. Manageable debt levels lower refinancing risk and support continuity of operations and capital allocation over the medium term.

Negative Factors

Modest Revenue Growth

Low single-digit revenue growth suggests limited top-line expansion relative to sector potential. For an EPC contractor, slower revenue growth can constrain scale benefits, limit margin expansion through fixed-cost absorption, and reduce backlog-driven visibility for the next several months.

Muted EPS Growth

EPS growth near 3% signals constrained profitability improvement despite positive margins. This may reflect competitive tendering, pricing pressure, or slower escalation pass-through; over 2-6 months it limits earnings leverage and the company’s ability to boost shareholder returns materially.

Public-Sector Contract Concentration & Working Capital

Dependence on government/PSU contracts creates structural exposure to payment delays, retention and defect-liability cycles. These contract terms lengthen cash conversion and can elevate working-capital needs, constraining liquidity and bid capacity during periods of slow collections.

J. Kumar Infraprojects Limited Business Overview & Revenue Model

Company Description

J. Kumar Infraprojects Limited engages in the construction activities in India. The company executes contracts of various infrastructure projects, including transportation engineering, irrigation projects, civil construction, piling work, etc. Its transportation engineering projects include roads, metro, bridges, flyovers, subways, over bridges, skywalks, railway terminus/stations, etc.; civil construction projects comprise office and commercial buildings, sports complexes, hospitals, medical colleges, railway terminus and stations, swimming pools, etc., as well as residential buildings, such as housing societies, etc.; and irrigation projects, which include dams and canals. J. Kumar Infraprojects Limited was incorporated in 1980 and is based in Mumbai, India.

How the Company Makes Money

JKIL makes money mainly by bidding for and executing infrastructure construction contracts and recognizing revenue as project work is performed under those contracts. Its key revenue stream is contract/EPC revenue from civil construction and infrastructure projects (typically awarded by government departments, municipal/urban development authorities, metro/rail corporations, and other public-sector entities). Earnings are driven by (i) the value of its order book and the pace of project execution (billing tied to milestones, measured work, or percentage-of-completion depending on contract terms and accounting), (ii) margins earned between contract receipts and project delivery costs (materials, subcontracting, equipment, labor, design/engineering, and site overheads), and (iii) change orders/variation claims and escalation clauses where applicable (e.g., for quantities or input-cost changes, subject to contract provisions). Cash flows are also influenced by mobilization advances, retention monies, and performance/defect-liability obligations common in construction contracts. Information on specific customer concentration, named partnerships/joint ventures, or segment-wise revenue breakdown is null.

J. Kumar Infraprojects Limited Financial Statement Overview

Summary

J. Kumar Infraprojects Limited demonstrates strong financial health with significant revenue and profit growth, solid margins, and effective cash flow management. The company's leverage is moderate but manageable, supporting a positive financial outlook.

Income Statement

J. Kumar Infraprojects Limited shows a robust income statement with significant revenue growth over the years. The gross profit margin is healthy, indicating efficient cost management. The net profit margin has improved, reflecting better profitability. Both EBIT and EBITDA margins are strong, suggesting operational efficiency.

Balance Sheet

The company's balance sheet is stable, with a reasonable debt-to-equity ratio indicating moderate leverage. The return on equity is healthy, reflecting effective use of shareholder funds to generate profits. The equity ratio is solid, signifying a strong equity base relative to total assets.

Cash Flow

Cash flow analysis reveals positive free cash flow growth, indicating good cash generation capability. The operating cash flow to net income ratio is strong, suggesting efficient conversion of profits into cash flows. The company maintains a solid free cash flow to net income ratio, underscoring robust cash flow management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	59.46B	56.93B	48.79B	42.03B	35.27B	25.71B
Gross Profit	12.47B	13.34B	11.59B	9.63B	12.52B	9.52B
EBITDA	8.94B	8.26B	7.32B	5.79B	5.29B	2.97B
Net Income	4.08B	3.91B	3.31B	2.74B	2.06B	639.15M
Balance Sheet
Total Assets	62.48B	56.65B	47.10B	43.56B	39.44B	36.45B
Cash, Cash Equivalents and Short-Term Investments	7.74B	7.52B	5.04B	4.85B	1.23B	575.79M
Total Debt	7.80B	7.04B	5.93B	5.47B	4.72B	5.67B
Total Liabilities	30.75B	26.58B	20.66B	20.16B	18.57B	17.58B
Stockholders Equity	31.74B	30.08B	26.44B	23.40B	20.87B	18.87B
Cash Flow
Free Cash Flow	246.76M	1.41B	1.21B	-490.72M	2.65B	2.38B
Operating Cash Flow	4.11B	3.76B	3.39B	1.83B	3.81B	3.69B
Investing Cash Flow	-3.66B	-3.06B	-1.95B	-1.86B	-913.13M	-1.11B
Financing Cash Flow	-342.68M	-1.05B	-1.05B	-428.01M	-2.24B	-2.71B

J. Kumar Infraprojects Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 599.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JKIL, the sentiment is Negative. The current price of 599.5 is above the 20-day moving average (MA) of 516.50, above the 50-day MA of 548.36, and below the 200-day MA of 625.23, indicating a bearish trend. The MACD of -18.26 indicates Positive momentum. The RSI at 36.11 is Neutral, neither overbought nor oversold. The STOCH value of 58.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JKIL.

J. Kumar Infraprojects Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASHOKA	72 Outperform	₹31.62B	0.56	―	―	-17.28%	43.34%
AHLUCONT	68 Neutral	₹48.58B	30.38	―	0.06%	5.56%	-22.59%
JKIL	67 Neutral	₹37.11B	13.34	―	0.67%	13.96%	12.91%
RAMKY	61 Neutral	₹33.23B	12.27	―	―	-15.09%	-15.98%
CAPACITE	58 Neutral	₹17.70B	10.65	―	―	15.23%	8.61%
SPMLINFRA	58 Neutral	₹12.72B	17.55	―	―	-35.16%	115.70%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%