Jinkushal FY26 revenue rises 48% to ₹31,337.61 lakhs
Jinkushal Industries Limited reported a 48% year-on-year increase in standalone revenue to ₹31,337.61 lakhs for the financial year ended March 31, 2026. The company achieved its highest-ever quarterly standalone revenue of ₹13,305.64 lakhs in Q4 FY26, driven by strong execution in export markets across Latin America, Africa, and the Middle East. While consolidated revenue for the full year stood at ₹35,756.15 lakhs, profitability was impacted by strategic investments and rising costs.

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Jinkushal Industries Limited reported a 48% year-on-year increase in standalone revenue to ₹31,337.61 lakhs for the financial year ended March 31, 2026. The company achieved its highest-ever quarterly standalone revenue of ₹13,305.64 lakhs in Q4 FY26, driven by strong execution in export markets across Latin America, Africa, and the Middle East. The Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, at a meeting held on May 29, 2026. The company disclosed these results in a newspaper advertisement published in The Business Line and Amrit Sandesh on May 31, 2026, pursuant to Regulation 30 and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance Snapshot
The company's standalone revenue for Q4 FY26 stood at ₹13,305.64 lakhs, a significant increase from ₹7,037.76 lakhs in Q4 FY25. For the full year, standalone revenue grew from ₹21,185.92 lakhs in FY25 to ₹31,337.61 lakhs in FY26. Consolidated revenue for Q4 FY26 was ₹19,199.54 lakhs, while full-year consolidated revenue was ₹35,756.15 lakhs.
| Particulars | Q4 FY26 | Q3 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|---|
| Revenue from Operations | 13,305.64 | 9,077.14 | 7,037.76 | 31,337.61 | 21,185.92 |
| Profit After Tax (PAT) | 95.73 | 417.01 | 300.29 | 1,243.60 | 1,607.97 |
Consolidated Financial Performance
| Particulars | Q4 FY26 | Q3 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|---|
| Revenue from Operations | 19,199.54 | 4,392.53 | 7,804.69 | 35,756.15 | 38,055.81 |
| Profit After Tax (PAT) | 1,167.36 | (987.19) | 101.66 | 1,275.57 | 1,914.00 |
Business Performance
Growth during the year was supported by stronger execution across export markets and improved operational throughput. The company focused on geographic diversification, with increasing contributions from South Africa and other international markets helping to offset moderation from certain geographies like Mexico. The Group maintained strategic inventory positioning in excess of ₹50 crore as of March 31, 2026, to improve delivery timelines and execution capability.
Profitability and Margin Movement
At the consolidated level, Q4 FY26 profitability benefited from the realization of inventory positioned in earlier quarters. However, full-year profitability was impacted by strategic investments in organizational strengthening, international market development, and brand-building initiatives. Key factors impacting profitability included a 35% increase in employee benefit expenses, higher logistics and freight costs due to geopolitical developments, and one-time listing and IPO-related expenses.
Historical Stock Returns for Jinkushal Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.90% | +10.08% | +3.67% | -14.30% | -22.74% | -22.74% |
How will the company manage the 35% rise in employee benefit expenses and logistics costs to improve margins in the next fiscal year?
What are the revenue growth projections for the newly diversified markets in South Africa and the Middle East for FY27?
Will the strategic inventory levels above ₹50 crore be maintained, or are there plans to optimize working capital as operations stabilize?


































