J. Kumar Infraprojects Reports FY26 Results And Strong Order Book
Revenue from operations for the fourth quarter moderated to Rs 15.85 billion (bn), down three per cent year on year, while annual revenue rose marginally by one per cent versus the prior year. EBITDA for FY26 was Rs 8.23 billion (bn) with an EBITDA margin of 14.4 per cent, largely unchanged from the prior year. Cash PAT for FY26 stood at Rs 5.83 billion (bn) with a cash PAT margin of 10.2 per cent.
Net debt as on 31 March 2026 was a negative Rs 2.64 billion (bn), indicating a cash positive position. Working capital days improved to 99 days from 112 days in FY25, reflecting better liquidity management. The total order book as on 31 March 2026 stood at Rs 185.54 billion (bn), comprising approximately 11 per cent metro projects, 51 per cent elevated corridors and flyovers, 18 per cent roads and road tunnels and 20 per cent other projects.
The managing director described FY26 as a year of consolidation driven by operational and timing factors that temporarily slowed execution and said the company sustained a strong balance sheet and adequate liquidity. Management reported significant order intake in the current fiscal with orders booked in excess of Rs 45.0 billion (bn) and indicated a robust bid pipeline that should support continued order booking momentum. The company intends to accelerate execution, expand capabilities across core verticals and translate the pipeline into sustained growth.
JKIL emphasised commitment to disciplined execution, agility in a dynamic market and delivery of transformative infrastructure projects that support economic progress. The release also noted standard forward looking statements and the associated risks and uncertainties.