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Add J Kumar Infraprojects Ltd For Target Rs.475 - Yes Securities Strong execution with stellar margins Our view J. Kumar Infraprojects Ltd (JKIL) 1QFY24 results were in line with estimates with revenue growth of 13.8% YoY to Rs11.3bn and EBITDAM at 14.3%. The company bagged orders worth Rs36bn in YTDFY24 and has been L1 for projects worth Rs40bn. Order book stands robust at Rs143.5bn (3.3x its trailing revenues) providing strong visibility of next 2?3 years. Given the robust ordering pipeline management expects order inflows of Rs80bn+ in FY24E. For ...
Add J Kumar Infraprojects Ltd For Target Rs.475 - Yes Securities
Add J Kumar Infraprojects Ltd For Target Rs.475 - Yes Securities
Source: Yes Securities Ltd
14/08/2023 1:24:34 PM
Buy J Kumar Infraprojects Ltd For Target Rs.362 - Yes Securities Need for healthy order inflow to fuel the growth J. Kumar Infraprojects Ltd (JKIL) execution continued to remain strong with healthy margins. In FY23, order addition has been modest with orders of Rs26.5bn (vs guidance of Rs50bn) bagged and now order inflow is a key monitorable. For FY24E, management is confident of bagging orders worth Rs50bn. The company has already bided for projects worth Rs120bn and plans to further bid for projects worth Rs400bn. The order book as on FY23 stands at R...
Buy J Kumar Infraprojects Ltd For Target Rs.362 - Yes Securities
Buy J Kumar Infraprojects Ltd For Target Rs.362 - Yes Securities
Source: Yes Securities Ltd
12/06/2023 1:34:02 PM
J Kumar Infraprojects soars on getting LoA for Bangalore Metro Rail project J Kumar Infraprojects is currently trading at Rs. 246.20, up by 7.60 points or 3.19% from its previous closing of Rs. 238.60 on the BSE. The scrip opened at Rs. 246.95 and has touched a high and low of Rs. 246.95 and Rs. 242.40 respectively. So far 1827 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 351.95 on 02-Aug-2022 and a 52 week low of Rs. 159.80 on 30-Mar-2022. Last one week high and low of the scrip sto...
J Kumar Infraprojects soars on getting LoA for Bangalore Metro Rail project
J Kumar Infraprojects soars on getting LoA for Bangalore Metro Rail project
Source: Accord Fintech
21/03/2023 10:45:51 AM
Buy J.Kumar Infraprojects Ltd For Target Rs. 388 - Yes Securities Robust performance continues Our view J. Kumar Infraprojects Ltd (JKIL) reported yet another strong quarter with revenue / EBITDA / PAT at Rs10.6bn/Rs1.5bn/Rs0.7bn beating our estimates at all fronts by 6%/21.4%/39%.   The order inflow of Rs16.7bn in 9MFY23 took the orderbook to Rs112.1bn (2.7x TTM revenue) with 52% of the orders from metro segment. JKIL reiterated its order inflow guidance for FY23E of Rs50bn, of which 33.8% orders were achieved in 9MFY23. On the back of stro...
Buy J.Kumar Infraprojects Ltd For Target Rs. 388 - Yes Securities
Buy J.Kumar Infraprojects Ltd For Target Rs. 388 - Yes Securities
Source: Yes Securities Ltd
10/02/2023 2:05:20 PM
Buy J Kumar Infraprojects Ltd For Target Rs.388 - Yes Securities Strong execution with stellar margins Our view J. Kumar Infraprojects Ltd (JKIL) reported a strong set of numbers with revenues and margins coming in above our estimates, led by robust execution across the projects. JKIL has secured projects worth ~Rs17bn in 1HFY23, expanding the order book to Rs114bn and translating into an order book?to?sales ratio of 2.8x TTM revenues. JKIL has already bided for metro and bullet train projects worth Rs60bn and plans to further bid for projects worth ...
Buy J Kumar Infraprojects Ltd For Target Rs.388 - Yes Securities
Buy J Kumar Infraprojects Ltd For Target Rs.388 - Yes Securities
Source: Yes Securities Ltd
6/12/2022 12:27:47 PM
Add J Kumar Infraprojects Ltd For Target Rs.388 - Yes Securities Strong execution with stellar margins Our view J. Kumar Infraprojects Ltd (JKIL) reported strong revenue growth of 47.2% YoY in 1QFY23 led by healthy execution in its key metro and non-metro projects. Adj. PAT came in at Rs619mn (YSec Rs442mn), up 40% YoY, led by strong execution and better operational margins. JKIL has already submitted RFQs for the Goregoan-Mulund link road (GMLR) and plans to bid for projects worth Rs300bn in FY23E. Consequently, it expects order inflow of Rs50bn in ...
Add J Kumar Infraprojects Ltd For Target Rs.388 - Yes Securities
Add J Kumar Infraprojects Ltd For Target Rs.388 - Yes Securities
Source: Yes Securities Ltd
23/08/2022 11:41:49 AM
J Kumar Infraproject Q1 net profit jumps 92.87% at Rs 61.91 cr The company reported standalone net profit of Rs 61.91 crore for the quarter ended June 30, 2022 as compared to Rs 32.10 crore in the same period last year, registering a year-on-year growth of 92.87 per cent. Net revenue of the company rose substantially by 47.21 per cent at Rs 993.77 crore in April-June quarter of this fiscal as against Rs 675.06 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 47.57 per cent to Rs 853.39 crore from Rs ...
J Kumar Infraproject Q1 net profit jumps 92.87% at Rs 61.91 cr
J Kumar Infraproject Q1 net profit jumps 92.87% at Rs 61.91 cr
Source: Dion Global Solutions Ltd
2/08/2022 4:07:33 PM
Coffee Day Enterprises defaults Rs 470.18 crore in Q1FY23 Coffee Day Enterprises has defaulted Rs 470.18 crore on payments of interest and repayment of principal amount on loans from banks and financial institutions for the quarter ended June 30, 2022 (Q1FY23). The company, which is pairing its debts through asset resolution, has a total debt of Rs 495.18 crore, including short-term and long-term debt. Coffee Day Enterprises is the parent company of the Coffee Day Group, which houses Cafe Coffee Day that pioneered the coffee culture in the chaine...
Coffee Day Enterprises defaults Rs 470.18 crore in Q1FY23
Coffee Day Enterprises defaults Rs 470.18 crore in Q1FY23
Source: Accord Fintech
6/07/2022 10:15:19 AM
Buy J Kumar Infraprojects Ltd For Target Rs.305 - Yes Securities Strong execution with stellar margins Our view J. Kumar Infraprojects Ltd (JKIL) posted strong set of numbers beating our estimates led by stellar execution in its under‐construction projects along with EBITDAM of 14.3%. The company bagged two EPC projects worth Rs20.3bn taking its order inflows to Rs36.8bn for FY22. Order book stands robust at Rs119.4bn (3.4x its trailing revenues) providing strong visibility of next 2‐3 years. Given the robust ordering pipeline management expects orde...
Buy J Kumar Infraprojects Ltd For Target Rs.305 - Yes Securities
Buy J Kumar Infraprojects Ltd For Target Rs.305 - Yes Securities
Source: Yes Securities Ltd
1/06/2022 12:47:47 PM
Weekly Tech Picks - J.Kumar Infraprojects Limited, Seshasayee Paper and Boards Limited, Praj Industries Limited, Shipping Corporation Of India Limited By Axis Securities J.Kumar Infraprojects Limited • On the weekly chart, the stock has decisively broken out its past 6-7 months “Consolidation Range” (190- 150) on a closing basis indicating strong come back of bulls • This buying momentum was observed from 20, 50 and 100 day SMA and rebounded sharply J.Kumar Infraprojects Limited Weekly Tech Picks 13 April,2022 • The daily and weekly “band bollinger” buy signal reconfirm positive bias • The daily and week...
Weekly Tech Picks - J.Kumar Infraprojects Limited, Seshasayee Paper and Boards Limited, Praj Industries Limited, Shipping Corporation Of India Limited By Axis Securities
Weekly Tech Picks - J.Kumar Infraprojects Limited, Seshasayee Paper and Boards Limited, Praj Industries Limited, Shipping Corporation Of India Limited By Axis Securities
Source: Axis Securities Ltd
17/04/2022 10:38:22 AM
Weekly Tech Picks - Tata Steel Ltd, Dr. Reddy's Laboratories Ltd, Kajaria Ceramics Ltd, J.Kumar Infraprojects Ltd - Axis Securities Tata Steel Limited * On the weekly chart, the stock has witnessed “Rounding Bottom” breakout around 1150 levels which signals resumption of the uptrend * Rising volumes on the daily chart, signals increased participation near breakout zone * The stock is strong uptrend as it is Tata Steel Limited Weekly Tech Picks 11 June, 2021 continue to form a series of higher Tops and higher Bottom formation across all the time frames * This buying momentum was observed from 2...
Weekly Tech Picks - Tata Steel Ltd, Dr. Reddy's Laboratories Ltd, Kajaria Ceramics Ltd, J.Kumar Infraprojects Ltd - Axis Securities
Weekly Tech Picks - Tata Steel Ltd, Dr. Reddy's Laboratories Ltd, Kajaria Ceramics Ltd, J.Kumar Infraprojects Ltd - Axis Securities
Source: Axis Securities Ltd
14/06/2021 9:47:46 AM
Buy J Kumar Infraprojects Ltd For Target Rs. 220 - HDFC Securities Execution recovery leads to beat J Kumar (JKIL) reported revenue/EBITDA/PAT at Rs 8.1/1.2/0.45bn, beating our estimate by 21/7/12% on better-than-expected execution recovery. However, the company disappointed on margin (14.2% vs 16% est.). YTD order inflow stood at Rs 21bn. While the order backlog is robust at 3.7x FY20 revenue, near-term execution challenges have alleviated now to a large extent. At 5.6x FY23E EPS, valuations are compelling. We maintain BUY on JKIL with an increased targe...
Buy J Kumar Infraprojects Ltd For Target Rs. 220 - HDFC Securities
Buy J Kumar Infraprojects Ltd For Target Rs. 220 - HDFC Securities
Source: HDFC Securities Ltd
27/02/2021 9:58:23 AM