Synopsis:
Shares rose 2% after securing a ₹42 crore export order from a North American client, reflecting strong global demand and execution strength. Consistent revenue growth, rising profits, and expanding global reach highlight solid financial health and growing dominance in construction equipment exports.
The shares of the construction and mining equipment exporter gained up to 2 percent in today’s trading session after its subsidiary secured an export order from a North American client worth Rs 42 crore.
With a market capitalization of Rs 451.80 crore, the shares of Jinkushal Industries Ltd were trading at Rs 117.70 per share, increasing around 1.03 percent as compared to the previous closing price of Rs 116.50 apiece.
Significant order
The shares of Jinkushal Industries Ltd have seen bullish movement after Hexco Global FZCO, a subsidiary of JKIPL, secured an export order worth USD 5 million (₹42 crore) from a long-term North American client. The order includes 100 HexL 420X Backhoe Loaders priced around USD 50,000 each, reflecting strong global demand, customer trust, and consistent contribution from Hexco to JKIPL’s international operations.
Additionally, the three-year export order for HexL 420X backhoe loaders highlights strong global demand and customer confidence in JKIPL’s product quality. By withholding the buyer’s name for strategic reasons, the company aims to protect its commercial interests while strengthening its export presence and brand footprint in the competitive North American market.
Financial & Operational highlights
The company reported a 4% rise in revenue to Rs 72.82 crore in Q2FY26, reflecting stable business momentum. Impressively, net profit surged 170% to Rs 4.45 crore, driven by improved margins and better operational efficiency. This sharp earnings growth highlights strong cost management and a positive turnaround in profitability.
Jinkushal Industries Ltd specializes in exporting new, used, and refurbished heavy machinery under its HexL brand, supported by a strong global network, diversified product portfolio, and over five decades of industry expertise.
Jinkushal Industries generates 99% of its revenue from exports, reflecting its strong global orientation. It has supplied 584 units in FY25. Its top five clients contribute 75% of revenue, showing deep partnerships. With a D/E of 0.58, financial strength remains solid.
Jinkushal Industries has achieved strong growth with a 73.37% CAGR over five years. Serving 30+ countries with 1,500+ machines exported, it maintains 28.3% ROE. Backed by 90+ employees and 220 suppliers, the company continues expanding globally.
Jinkushal Industries has a strong global presence across different regions like the Middle East, Europe, Africa, and Latin America. With regional hubs in Dubai and the USA, and a vast dealer network, the company ensures efficient distribution. Its wide geographic reach reduces regional risks and captures global infrastructure opportunities.
Jinkushal Industries holds the first position as India’s largest non-OEM construction equipment exporter with a 6.9% market share. It stands out as a refurbishment pioneer, offering a diverse mix of new and used machines. Backed by strong execution capabilities and an experienced management team, the company ensures consistent performance and strategic industry leadership.
Written by Abhishek Singh
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