J Kumar Infraprojects Ltd. share price target

We roll over our estimates to FY28 and maintain our BUY recommendation on the stock

J Kumar Infraprojects (JKIL) posted an in-line performance in Q4FY26 with revenue/EBITDA declining by ~4/7% y/y to Rs15.7/2.2bn vs. our estimate of Rs15.6/2.2bn, as lagged projects i.e., GMLR, Chennai elevated road and VDCR project started gearing up.

We maintain our BUY recommendation on the stock

We maintain our BUY recommendation on the stock.

We maintain our BUY recommendation on the stock

In line with our estimates, J Kumar’s Rs14.8bn/1.03bn Q1 revenue/PAT with ~15/19% y/y growth displays strong execution and improved margins.

We reiterate our BUY rating with a target price of Rs 722/share, implying a 10% upside from current levels.

J Kumar's execution velocity grew accompanied by steady margins, and a sound balance sheet. Together, these can facilitate a greater scale of operations ahead.

We maintain our BUY recommendation on the stock

We maintain our BUY recommendation on the stock

J Kumar Infraprojects Ltd. (JKIL) is a well-established EPC contractor with a strong foothold in the infrastructure sector. The company is well-positioned to benefit from its robust order book, excellent execution capabilities, and solid financial foundation.

We maintain our BUY rating on JKIL and value it at 14.5x FY26E EPS to arrive at a TP of Rs 950/share, implying an upside of 23% from the CMP.

We maintain our BUY recommendation on the stock

We maintain our BUY rating and value the companys business to arrive at a target price of Rs 920 share

We maintain BUY rating and value the company's business at 13x FY26E EPS to arrive at a target price of Rs 845 share. The TP implies an upside potential of 28% from the CMP.

JKIL with a BUY recommendation and a Target Price (TP) of Rs 800/share, offering an attractive upside potential of 25% from the current market price.

Gross debt stands at Rs5.5bn with cash & cash equivalents at Rs4.5bn as on 1Q; management expects to bring NWC to 120days. JKIL reported a strong set of numbers with revenues and margins coming in above our and street estimates, led by execution pick up in newly awarded...

With debt reduction of Rs1.4bn in FY21, gross debt stands low at Rs5.3bn. With Cash balance of Rs6bn, company turned Net cash as at 4QFY21. JKIL's 4Q results were a mixed bag with healthy revenues (above our and street estimates), but disappointed on margins front. Amidst the second wave...

We recently hosted Mr. Kamal Gupta, MD of J Kumar Infraprojects Ltd (JKIL) Change in Estimates | Target | Reco to gain insights on company's growth strategy and industry outlook. Despite of challenging environment due to pandemic, the company reported healthy...