Jinkushal Industries

Jinkushal Industries Limited announced that its subsidiary Hexco Global FZCO secured a repeat export order worth approximately $5 million (INR 42 crore) from an existing North American customer. The order comprises 100 units of HexL 420X Backhoe Loaders at an average selling price of $50,000 per unit. The supply will be executed progressively over three years with quarterly price alignments based on market conditions. The buyer is described as a long-standing partner and early adopter of HexL machines, continuing to be a key revenue contributor within the company's global operations. The company withheld the customer's name citing strategic and competitive sensitivity reasons.

Jinkushal Industries Limited held its first earnings conference call following its recent stock exchange listing. For the six months ended September 30, 2025, the company achieved revenue of Rs. 121.6 crores compared to Rs. 119.6 crores in H1 FY25. EBITDA increased from Rs. 10.3 crores to Rs. 16.2 crores, with margins strengthening from 4.8% to 9%. PAT grew 89% to Rs. 11 crores from Rs. 5.7 crores in the same period last year. The company operates through three segments: exports of new and customized construction machines, exports of used and refurbished machines, and exports of their proprietary brand HexL. HexL sales accounted for approximately 11% of total revenue with 72 units sold to date. Backhoe loaders became the highest-selling product, contributing nearly 40% of total sales compared to 25% last year. Geographically, Mexico remains the largest market contributing 50% of sales, UAE contributed 28%, and South Africa emerged as the third-largest market at 8%. The debt-to-equity ratio improved to 0.36x from 0.63x as of March 2025. The company targets reaching Rs. 800 crores revenue in the next two to three years with focus on PAT growth of 35-40% CAGR.

Jinkushal Industries Limited informed stock exchanges about an inadvertent error in filing its quarterly results for the period ended September 30, 2025. The company mistakenly uploaded the auditor's report for the previous quarter (June 30, 2025) instead of the correct report for September 30, 2025. The Board of Directors approved the unaudited standalone and consolidated financial results on October 24, 2025. The company has now submitted the correct auditor's report and confirmed that this filing error does not affect the accuracy of the financial results as approved by the Board. The consolidated results show revenue from operations of ₹7,281.66 lakhs for the quarter and profit after tax of ₹444.83 lakhs. On standalone basis, revenue was ₹5,222.66 lakhs with profit after tax of ₹354.53 lakhs for the quarter.