Jinkushal Industries sets Aug 5 record date for 19th AGM on Aug 12

Jinkushal Industries Limited has confirmed the logistical framework for its 19th Annual General Meeting (AGM), scheduled for Wednesday, August 12, 2026. The company announced that the record date for determining shareholder eligibility is August 5, 2026. Remote e-voting facilities will be open from Saturday, August 8, 2026, at 9:00 AM IST to Tuesday, August 11, 2026, at 5:00 PM IST. This update clarifies the voting timeline for shareholders who wish to participate without attending the physical meeting in Raipur.

The AGM, set to commence at 4:00 PM at Shanti Nagar, Raipur, Chhattisgarh, aims to adopt the audited financial statements for the fiscal year ended March 31, 2026. The Board recommends the adoption of the Standalone and Consolidated Audited Balance Sheet, Profit and Loss account, and the reports of the Statutory Auditors and Board of Directors for FY26. Additionally, the meeting will seek shareholder consent for key management changes, including the re-appointment of a director retiring by rotation and the redesignation of a Whole-time Director to Managing Director.

Key Agenda Items

Shareholders will vote on several critical resolutions during the AGM. Anil Kumar Jain (DIN: 00679518), who retires by rotation, is eligible for re-appointment as a director. The agenda also includes the redesignation of Abhinav Jain (DIN: 07811559) from Whole-time Director to Managing Director, effective May 16, 2026. This appointment is for a five-year period, with remuneration and terms approved by the Board in accordance with the Companies Act, 2013, and Schedule V thereto.

Furthermore, special resolutions will be passed to appoint Abhishek Jain & Associates as Secretarial Auditors for a term of five consecutive years, spanning from FY27 to FY31. The firm, holding Certificate of Practice No. 14857, has confirmed its eligibility and compliance with peer review requirements under the Institute of Company Secretaries of India guidelines.

E-Voting Mechanism

To ensure transparency in the remote voting process, the company has appointed Mr. Abhishek Jain, Proprietor of Abhishek Jain & Associates, Practicing Company Secretary, as the scrutinizer for remote e-voting. Members who cast their votes remotely will not be entitled to vote at the meeting venue. However, the facility for voting through ballot paper will remain available at the venue for members attending in person.

Agenda Item	Description
Financial Results	Adoption of Standalone and Consolidated Financial Statements for FY26
Director Re-appointment	Re-appointment of Anil Kumar Jain (DIN: 00679518)
Secretarial Auditor	Appointment of Abhishek Jain & Associates for FY27 to FY31
Managing Director	Redesignation of Abhinav Jain (DIN: 07811559) for 5 years from May 16, 2026

The precise scheduling of the record date and e-voting window allows shareholders ample time to review the financial statements and management proposals before casting their votes. The physical meeting remains an option for those preferring in-person participation, ensuring broad accessibility for all stakeholders.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.20%	+1.70%	-9.80%	+44.92%	-20.37%	-20.37%

Jinkushal Industries Limited reported a 48% year-on-year increase in standalone revenue from operations to ₹313.38 crore for the financial year ended March 31, 2026, alongside a profit after tax of ₹12.44 crore. On a consolidated basis, revenue from operations stood at ₹357.56 crore with a PAT of ₹12.76 crore. The company’s gross revenue on a standalone basis was ₹31,402.80 lakh, compared to ₹21,598.33 lakh in the previous year.

The company’s performance was driven by higher export volumes and improved inventory turnover, reflecting stronger operating discipline. Working capital management focused on optimising inventory levels and accelerating turnover cycles. The company’s paid-up share capital increased to ₹38,38,60,000 following its Initial Public Offering (IPO), which was listed on the BSE and NSE on October 3, 2025.

Financial Performance

The standalone financial performance for FY 2025-26 showed significant growth in operational metrics. The company achieved revenue from operations of ₹313.38 crore, a rise of approximately 48% from the previous year. Profit after tax for the period was ₹12.44 crore. On a consolidated level, revenue from operations was ₹357.56 crore with a PAT of ₹12.76 crore.

Metric	Standalone FY 2025-26 (₹ in Lakhs)	Standalone FY 2024-25 (₹ in Lakhs)	Consolidated FY 2025-26 (₹ in Lakhs)	Consolidated FY 2024-25 (₹ in Lakhs)
Gross Revenue	31,402.80	21,598.33	35,959.37	38,580.66
Net Profit	1,243.60	1,607.97	1,275.57	1,914.00

Operational Highlights

The company operates through three verticals: customised new equipment, refurbished machinery, and proprietary products under the HexL brand. It has established itself as India’s largest non-OEM exporter of construction and mining equipment, with an approximately 6.9% share of exports from India. The company exported over 2,500 machines globally during the year.

Jinkushal Industries has a presence in more than 35 countries, supported by a subsidiary in the UAE and a step-down subsidiary in the USA. The company’s refurbishment-led model extends the lifecycle of equipment, allowing customers to access reliable machinery at optimised costs.

Corporate Governance and Compliance

The Board of Directors met 23 times during the financial year 2025-26. The company has constituted various committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, in compliance with the Companies Act, 2013 and SEBI Listing Regulations.

The statutory auditors, M/s Singhal & Sewak, Chartered Accountants, conducted the audit for the financial year ended March 31, 2026. The company has also appointed M/s Abhishek Jain & Associates as the Secretarial Auditors. The Annual General Meeting is scheduled for August 12, 2026.