Synopsis:
Small cap stock has hit an upper circuit of 10 percent after receiving an international order more than Rs. 1,000 crore
A small-cap company that is in the business of Technology based EPC Contracts and Solutions in Renewable Energy, is in the spotlight after receiving an international order worth more than Rs. 1,000 crore.
With the market capitalization of Rs. 1,708.83 crore, the shares of JNK India Ltd closed at Rs. 305.40, hitting an upper circuit of 10 percent from its previous day’s close price of Rs. 277.65
Work Order
The company has received an international order from JNK Global Co., Ltd., Korea on October 6, 2025, to provide support services and supplies for the Cracker Furnace Package of a refinery project in India.
The order, to be executed in India, is scheduled for completion by February 2, 2028. The order falls under the ultra-mega category, indicating a value of over Rs. 1,000 crore. As of June, 2025, the company has an order book worth Rs. 982.8 crore.
Also Read: Microcap infra stock jumps after receiving multiple orders from Adani Total Gas and Gail Gas Ltd
About the Company & Others
JNK India Limited, incorporated in 2010 and based in Thane, is a heating equipment and process solutions company. It designs, manufactures, and installs process-fired heaters, reformers, and cracking furnaces, along with waste gas handling systems and renewable energy solutions such as solar PV and hydrogen production systems. Its products serve industries like oil & gas, petrochemicals, fertilizers, steel, hydrogen, and methanol, operating both in India and internationally.
A return on equity (ROE) of about 8.63 percent, a return on capital employed (ROCE) of about 14.9 percent and debt to equity ratio of 0.04 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 69x higher as compared to its industry P/E 35.1x.
In Q1FY26, the company reported revenue of Rs. 98.89 cr, up 12.5 percent YoY from Rs. 87.91 cr in Q1FY25 but down 47.7 percent QoQ from Rs. 189.03 cr in Q4FY25. Net profit stood at Rs. 1.17 cr, declining sharply 82.1 percent YoY from Rs. 6.52 cr in Q1FY25 and 91.2 percent QoQ from Rs. 13.26 cr in Q4FY25.
Written by Akshay Sanghavi
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