I guess its wise to state the numbers you quote are Annual and not quarterly. Because when you say excellent results one would relate it to quarter where we didnt see so much growth in PAT YoY (quarterly).
Noted. Investor Presentation Enclosed
Pending Order Book as on 31 Mar 2019 has jumped to 10,372 Cr. despite record execution of Rs. 2700 Cr in FY 18-19.
Regards,
Kshitij
Disc.: Invested
1 Like
decent set of results
revenue have grown 8 % yoy - 673 cr vs 624 cr
PAT is flat at 40 cr . yoy
will be interesting to know about current order book from managment .
concall tomorrow
company wins a new order worth 1540 crore.
1 Like
You can’t roam Mumbai without crossing sites of J Kumar and it’s been from last 10-15 Years.
Grown exceptionally but Market not giving value
2 Likes
promoter holdings only 44%, why market has not given value for this stock, also debit free, pe is 5, hard to understand, I am planning to invest here, please see screen shot from ratestar.
SIFO has cleared the name of JKIL from Shell Company. SEBI clearance is awaited. These would definitely lead to jump the company’s valuation.
Regards,
Disc. Invested
2 Likes
Is this linked to the SEBI case also and will this help in geting a clean chit from SEBI with regards to the Pearls agro case…
AR 19 notes
Revenue stood at 2787 cr vs 2050 cr
PBT stood at 268 cr vs 206 cr
PAT stood at 177 cr vs 136 cr.
Dividend of 2.25 per equity share
Increase in shareholding of promoters from 43.94 to 44.13 % during the year
Order book stands at 10,372 cr .
Order won this year equal 4970 cr.
100 % of order book from gov projects
75 % of order book from Mumbai , 20 % from delhi.
Transport vertical accounts for 90 % of the order book
Metro rail projects account for 67 % of the order book
Company believes in owning asssets
Company executes only EPC contracts, takes 2-5 years for completion of a contract.
Company has 6582 full time employees, 7000 labourers.
Total management remuneration at 6.25cr . ( 2.3 % of PBT)
Believe in being a pure play EPC company , specializing in this segment only.
2 Likes
Thanks a lot Shikhar. 2,3 points which they mentioned in concall not covered here:
a) Out of all ongoing project, 1 small project is stuck NBCC in Delhi of 531 crore.
b) Less growth in revenue because of labour shortage due to elections.
c) In Delhi, they have written off two big machines from book but they are still working.
Overall management was quite confident.
2 Likes
Thanks, Did they say anything about forensic audit ordered by sebi? I think this is why the stock price is still not fare
Yes, they have submitted all the details. Its waiting on SEBI part, even they want to get this sorted out as ASAP.
order win worth 1998 cr for the company.
2 Likes
New order win of 342 crore.
1 Like
SEBI cleared JKIL
Attached SEBI order copy
Major overhang cleared, Interesting buy now
order in respect of J Kumar Infra projects Ltd.pdf (939.4 KB)
1 Like
Yes the overhang is over. Hopefully, it would now move up. Hit UC today but now around 12% up.
Regards,
Kshitij
Disc. Holding
One of the Best Play in Infrastructure
Most of the Projects are Metro
Orders book 15000 Crs
Most of the Equipments owned by Co Approx worth 1500 Crs, continuously winning Metro Projects may lead better asset utilisation.
One can bet on Leading Infrastructure Co based at MMR
1 Like
JKIL good results considering heavy rains. Bigger jump in net profit due to tax rate reduction.
Presentation
Regards,
Kshitij
Disc. Invested
1 Like
I’m expecting not only second half but next three years gonna superb for the Co.
JKIL don’t bid Aggressively
Have enough expertise, resources to execute the Projects.
Things tend to improve further from here.
Entire Infra Sector set to perform in coming Qtrs.
JKIL among best Infra Play
2 Likes
Most of the People think Govt change in Maharashtra will negatively affect most to the JKIL but in my view whoever is thinking in this line need to be corrected.
JKIL executed Projects with all political regimes so mostly Political neutral.
JKIL have major chunk of Mumbai Metro work, it’s not funded by state or centre it’s Japani funded Project so no worries there
1 Like