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Rapid Results Alerts
J Kumar Infraprojects Ltd.    
02 Aug 2022

Construction & Engineering firm J Kumar Infraprojects announced Q1FY23 Result :

  • Revenue grew by 47% YoY to Rs 994 crores
  • EBIDTA grew by 45% YoY to Rs 140 crores
  • PAT grew by 92% YoY to Rs 62 crores
  • Revenue from Operations for Q1 FY23 grew by 47% to Rs 994 crores as compared to Rs 675 crores in Q1 FY22. EBIDTA for Q1 FY23 stood at Rs 140 crores as compared to Rs 97 crores in Q1 FY22 EBIDTA margin for Q1 FY23 stood at 14.1%.
  • PBT for Q1 FY23 grew by 96% to Rs 84 crores as compared to Rs 43 crores in Q1 FY22. PBT margin for Q1 FY23 stood at 8.4% as compared to 6.3% in Q1 FY22.
  • PAT for Q1 FY23 grew by 93% to Rs 62 crores as compared to Rs 32 crores in Q1 FY22. PAT margin for Q1 FY23 stood at 6.2% as compared to 4.8% in Q1 FY22.
  • The Company continued its focus on working capital management and quality of order book.
  • Our Total Order book as on June 30, 2022 stood at Rs 12,095 crores. The order book inter alia includes Metro projects (elevated and underground) contributing ~ 57%, while Flyover, Bridges & Roads projects contribute ~35%.

On the performance Mr. Kamal J. Gupta, Managing Director commented, “We are excited to deliver another quarter of healthy performance with stable EBIDTA margins and debt levels. We are witnessing strong execution momentum across our projects and are focussed to create value for all our stakeholders. We are witnessing pick up in new projects awarding. The year FY23 has started on a positive note with projects awarded to the tune of Rs 1,374 Crores. Our robust execution capabilities coupled with strong repository of asset base enabling efficient execution reflected in strong revenue growth.

The strong impetus from the Government on pushing infrastructure development projects in the recent budget announcement alongside pandemic induced incentives and favourable policies such as lowering of bank guarantee requirement, faster clearance of bills and speedier clearances/approvals are very positive for the sector and overall economy. With strong financial and technical metrics, we envisage becoming a $1bn revenue company by FY27. Our continued focus on adding and diversifying project portfolio that involves sound technical capabilities, we are optimistic that this will help keep our margins healthy. We at JKIL always work towards successful execution of continuing projects with a scope to scale up further With the sustained order inflow and our expertise in executing and delivering projects on time we are optimistic that we shall witness a healthy and sustainable growth. The Company has sufficient cash as well as unutilised working capital facilities to undertake large projects and also to ramp up execution of existing projects.”

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