JNK India Limited has confirmed the record date for its final dividend payment for FY26. Shareholders holding equity shares as on September 18, 2026, will be eligible for the payout, subject to approval at the upcoming Annual General Meeting.

The Board of Directors had previously recommended a final dividend of 15% (₹0.30 per equity share of face value ₹2 each). The company scheduled its 16th AGM for Friday, September 25, 2026, to seek shareholder approval for this recommendation and other routine matters.

Dividend and Book Closure Details

The Register of Members and Share Transfer books will remain closed from Saturday, September 19, 2026, to Friday, September 25, 2026. This closure is intended to determine dividend entitlements and facilitate the annual general meeting processes.

E-Voting and Compliance

Shareholders eligible to vote must hold shares as on the cut-off date of September 18, 2026. The remote e-voting window opens on Tuesday, September 22, 2026, at 9:00 am and closes on Thursday, September 24, 2026, at 5:00 pm. Central Depository Services (India) Limited (CDSL) provides the e-voting facility.

The disclosures were made pursuant to Regulation 42 and Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the annual report for FY26 is available on its official website. Letters containing web links and QR codes to access the Notice of the 16th AGM and the Annual Report are being sent to shareholders who have not registered their email addresses, in compliance with Regulation 36(1)(b).

Ashish Soni, Company Secretary and Compliance Officer, signed the communication dated September 4, 2026.

JNK India reported a sharp acceleration in financial performance for the first quarter of FY27, driven by strong project execution and improved margin realization. Consolidated revenue grew 80.6% year-on-year to ₹186 crore, while profit after tax (PAT) jumped 8.5 times to ₹9.6 crore. The company’s order book stood at ₹1,801 crore as on June 30, 2026, providing visibility for the remainder of the fiscal year.

Financial Performance

The top-line growth was accompanied by significant expansion in profitability metrics. EBITDA grew by 3.1 times year-on-year to ₹21.9 crore, with the margin expanding to 11.8% from 7% in Q1FY26. On a standalone basis, JNK India achieved an EBITDA margin of 14%, compared to 7% in the prior year period. The consolidated PAT margin also widened significantly to 5.2% from 1.1% in Q1FY26.

*Figures for Q1FY26 derived from percentage changes disclosed in source.

What the Numbers Show

A key divergence exists between the standalone and consolidated results. While the standalone entity maintained a robust 14% EBITDA margin, the consolidated margin settled at 11.8%. This compression is attributable to the joint venture, JNK Chemdist Technologies, which reported an operating loss of ₹3.6 crore in the quarter. Despite this drag, Chemdist contributed 8.8% to group revenue, signaling early traction in the green hydrogen and sustainable fuels segment, albeit with high initial fixed costs typical of scaling operations.

Business Outlook and Diversification

Management reaffirmed its full-year revenue growth guidance of 20% to 25% and an EBITDA margin guidance of 12% to 14%. The company highlighted inherent seasonality in its project-based business model, noting that Q1 typically contributes only 10% to 15% of annual revenue, with H2 accounting for 60% to 70%.

Strategic diversification remains a priority. The current opportunity pipeline exceeds ₹6,000 crore, with a balanced 50:50 split between domestic and international markets. While heating equipment constitutes 60% of this pipeline, management aims to increase non-heating revenue contribution to 40% over the next three to five years. Key adjacent sectors include metals and minerals, offshore projects, and renewable energy.

Operational Updates

• Order Cancellation: A large export order received in June 2026 was cancelled due to delayed technical approvals from the licensor. Management clarified that no material costs were incurred, resulting in no cash loss. This is described as an exceptional occurrence unrelated to execution capability.
• International Expansion: The board approved the registration of a branch office in Iraq to tap into emerging oil and gas opportunities. This will initially serve as a registered entity rather than a full operational setup.
• Working Capital: Management indicated no immediate need for debt raising. Favorable payment terms with clients like Reliance and BPCL, along with support from parent entity JNK Global for bank guarantees, are helping manage working capital requirements efficiently.
• Unbilled Revenue: Unbilled revenue stood at approximately ₹200 crore to ₹221 crore as on end-Q1, reflecting the input-based revenue recognition method adopted recently.