J Kumar Infraprojects Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for JKIL, BSE:532940 J Kumar Infraprojects Ltd.

J Kumar Infraprojects Ltd.

12 Feb 2020

644.15

-0.05%

J. Kumar Infraprojects (3QFY20): Re-rating tailwinds. Maintain BUY

Buy: J Kumar Infraprojects Ltd.

Target

HDFC Securities

JKIL achieved strong performance during 3QFY20. FY20/21E Rev guidance is maintained at Rs 32/36bn. Order book is robust at 2.55x FY20E Revenue. With strong execution visibility on current order book, JKIL is well placed for re-rating. At CMP JKIL trades at 4.8x FY21E EPS. We maintain BUY. Key risks (1) Geographic concentration (2) Order conversion within estimated timelines. JKIL delivered 1/(10)/(4)% 3QFY20 Rev/EBIDTA/APAT beat/(miss). We retain our FY20/21E Revenue estimates while revising FY20/21E APAT estimates by 0.4/(2.6)%. We maintain BUY on JKIL with a TP of Rs 269/sh (vs. Rs 276/sh earlier, 8x Mar-21E EPS).

J Kumar Infraprojects Ltd. is trading below its 50 day SMA of 658.9

J Kumar Infraprojects Ltd.

18 Nov 2019

644.15

-0.05%

J. Kumar Infraprojects (2QFY20): Re-rating tailwinds. Maintain BUY

Buy: J Kumar Infraprojects Ltd.

Target

HDFC Securities

JKIL achieved strong performance during 2QFY20. FY20/21E Rev guidance is maintained at Rs 32/36bn. Old legacy issues are all settled now. Order book is robust at 4.1x FY20E Revenue. With strong execution visibility on current order book, JKIL is well placed for re-rating. At CMP JKIL trades at 4.6x FY21E EPS. We maintain BUY. Key risks (1) Political instability in Maharashtra; (2) Order conversion within estimated timelines. JKIL delivered 8/14/21% 2QFY20 Rev/EBIDTA/APAT beat. We maintain our FY20/21E Rev/EBIDTA estimates. Owing to lower tax rate adoption, we have increased FY20/21E APAT estimates by 1.3/6.7%. We maintain BUY on JKIL with a TP of Rs 276/sh (vs. Rs 258/sh earlier, 8x Mar-21E EPS), increase is largely driven by FY21E EPS upgrade.

J Kumar Infraproject.. has an average target of 937.67 from 3 brokers.

J Kumar Infraprojects Ltd.

03 Jun 2019, 09:16PM

644.15

-0.05%

J. Kumar Infraprojects (4QFY19): Strong outperformance. Maintain BUY

Buy: J Kumar Infraprojects Ltd.

Target

HDFC Securities

JKIL delivered yet another robust quarter, driven by new order wins moving into execution. SEBI outcome is awaited post JKIL providing all documents. But this uncertainty is restraining re-rating. Order wins have been robust and JKIL is well placed for earnings led recovery. We maintain BUY. Key risks (1) Adverse SEBI judgment; (2) Government capex slowdown (3) Interest rate hike. We maintain BUY on JKIL with a reduced TP of Rs 322/sh (vs Rs 335/sh earlier). We value JKIL at 10x FY21E EPS. Due to strong order inflows we have increase our FY20/21E Revenue estimate by 10.9/10.9%. Lower EBIDTA margin assumption and higher interest cost has resulted in FY20/21E EPS change by 3.5/(3.8)%.

J Kumar Infraprojects Ltd. is trading above its 30 day SMA of 635.7

J Kumar Infraprojects Ltd.

03 Jun 2019, 12:00AM

644.15

-0.05%

J Kumar Infra - 4QFY19 Result Update

Buy: J Kumar Infraprojects Ltd.

Reliance Securities

J Kumar Infraprojects Ltd. is trading above its 30 day SMA of 635.7

J Kumar Infraprojects Ltd.

14 Feb 2019

644.15

-0.05%

J. Kumar Infraprojects (3QFY19): Execution in place, sentiment change awaited. Maintain BUY

Buy: J Kumar Infraprojects Ltd.

HDFC Securities

We have upgraded FY19/20E EPS by 8.6/12.1% and increase TP to Rs 336/sh (12x Dec-20E EPS) vs. Rs 284/sh earlier. JKIL delivered strong execution beat with Revenue/EBIDTA/PAT coming in 20/13/11% ahead of estimate. EBIDTA margins contracted by 77bps YoY to 16.2% (110bps miss) on account of 205bps increase in employee costs (new additions and festive bonuses paid out during 3QFY19). 9MFY19 order inflow stood at Rs 45bn ex L1 orders of Rs 20bn. Order book stands at Rs 104.7bn (59% in Metro, 9.9% Civil, 12% Flyover, 18.2% Roads) ex L1 of Rs 20bn (NHAI Dwarka Pkg 2 & Airoli Katai elevated road EPC).

J Kumar Infraprojects Ltd. is trading above its 30 day SMA of 635.7

J Kumar Infraprojects Ltd.

13 Feb 2019

644.15

-0.05%

JKIL's 3QFY19 standalone revenue grew 38% yoy to ~Rs6.9bn, ahead of our and consensus est...

Results Update: J Kumar Infraprojects Ltd.

Emkay

guidance of Rs23bn/Rs27bn. Management expects the strong operating performance (EBITAM of 16-17%) to continue going forward. Negative sentiments on account of the SEBI issue will continue to remain an overhang on...

J Kumar Infraprojects Ltd. is trading above its 30 day SMA of 635.7

J Kumar Infraprojects Ltd.

14 Nov 2018

644.15

-0.05%

J. Kumar Infraprojects (2QFY19): Quarter as usual. Maintain BUY

Buy: J Kumar Infraprojects Ltd.

Target

HDFC Securities

We maintain BUY with reduced TP of Rs 284/sh (12x Mar-20E EPS). JKIL delivered robust Revenue/PAT beat of 27/32% led by strong execution in Mumbai Metro and JNPT road project. It reported strong EBITDA margins at 17.7% (-172bps YoY, +149bps QoQ, 110bps beat). Metro Lines 2, 3 and 7 and the JNPT projects are particularly driving the revenues with 2QFY19 contribution of Rs 2.9bn and Rs 0.8bn respectively.

J Kumar Infraprojects Ltd. is trading below its 50 day SMA of 658.9

J Kumar Infraprojects Ltd.

14 Nov 2018

644.15

-0.05%

J Kumar Infra-Result Update

Buy: J Kumar Infraprojects Ltd.

Target

Reliance Securities

Led by sustained acceleration in project execution especially in Metro projects, JKIL's revenue grew by a stellar 62% YoY (-17% QoQ) to Rs5.1bn. Mumbai Metro Line-3, Metro Line-2&7 and JNPT contributed Rs1.85bn, Rs1bn and Rs0.75bn, respectively to its total quarterly revenue, while Rs400mn revenue was booked from Delhi Metro project. Further, JKIL looks forward to book Rs8bn from Metro Line-3, Rs3.5bn from JNPT and Rs3bn from Metro Line-2&7 in FY19E....

J Kumar Infraprojects Ltd. is trading below its 50 day SMA of 658.9

J Kumar Infraprojects Ltd.

21 Aug 2018

644.15

-0.05%

Result Update:J Kumar Infra

Buy: J Kumar Infraprojects Ltd.

Target

Axis Direct

J Kumar Infraprojects (JKIL) in Q1FY19 posted revenues of Rs. 618 Cr due to strong execution of Mumbai Metro and JNPT projects. The EBITDA margins improved to 16.2% which increased 90 bps YoY in Q1FY19 with near completion of DMRC project.

J Kumar Infraprojects Ltd. is trading below its 50 day SMA of 658.9

J Kumar Infraprojects Ltd.

10 Aug 2018

644.15

-0.05%

J. Kumar Infraprojects (1QFY19): Strong recovery. Maintain BUY

Buy: J Kumar Infraprojects Ltd.

HDFC Securities

We maintain BUY with a TP of Rs 415/sh (15x Mar-20E EPS) JKIL continued to demonstrate strong execution pace, posting revenue of Rs 6.2bn coming 18.3% above our estimates. With the DMRC project now practically over margins improved 293bps YoY to 16.2%. Metro Lines 2,3 and 7 and the JNPT projects are particularly driving the revenues with quarterly run rates of Rs 3.7bn and 1.3bn respectively.

J Kumar Infraproject.. has an average target of 937.67 from 3 brokers.

Is J Kumar Infraprojects Ltd. worth buying?

201 Votes:

Buy 82.59%

Sell 8.96%

Hold 8.46%

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