34 slides from J. Kumar Infraprojects's earnings presentation, Nov 6, 2025
Slide 1: Exchange filing cover letter
J. KUMAR INFRAPROJECTS LIMITED Regd Off: J. Kumar House, CTS No. 448, 448/1, 449, Subhash Road, Vile Parle (East), Mumbai 400 057, Maharashtra, India, Phone: +91 22 67743555, Fax: +91 22 26730814, Email: investor.grievances@jkumar.com Website: www.jkumar.com, CIN: L74210MH1999PLC122886 06th November
Slide 2: Investor Presentation Q2 & H1 FY26 Results Update
J. Kumar Infraprojects Limited Investor Presentation Q2 & H1 FY26 Results Update 1
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by J. Kumar Infraprojects Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: Agenda
Performance Highlights Company Overview Business Overview Management Overview Historical Financial 3
Slide 5: Performance Highlights
Mumbai Metro Line 9 Performance Highlights 4
Slide 6: Q2 & H1 FY26 Key Financial Highlights (Consolidated)
Q2 & H1 FY26 Key Financial Highlights (Consolidated) Revenue EBITDA EBIT PAT CASH PAT EPS 01 02 03 04 05 06 Revenue EBITDA EBIT PAT CASH PAT EPS Q2FY26 Up by 4% Y-o-Y Up by 3% Y-o-Y Up by 6% Y-o-Y Up by 0.4% Y-o- Up by 2% Y-o-Y Stood at ₹11.97 in to ₹1,343 cr to ₹195 cr to ₹165 cr Y to ₹91 cr to ₹13
Slide 7: Q2 & H1 FY26 Profit & Loss (Consolidated)
Q2 & H1 FY26 Profit & Loss (Consolidated) Particulars (₹ in Cr) Q2FY26 Q2FY25 YoY(%) Q1FY26 H1FY26 H1FY25 YoY(%) FY25 Revenue from Operations 1,343 1,292 4% 1,484 2,826 2,574 10% 5,693 Cost of Material Consumed 871 847 950 1,820 1,698 3,751 Construction Expenses 151 132 189 340 268 608 Employee Expe
Slide 8: Robust Performance
Robust Performance Revenue (₹ in Cr) EBITDA (₹ in Cr) PAT (₹ in Cr) Cash PAT (₹ in Cr) 4% 3% 0.4% 2% Y-o-Y Y-o-Y Y-o-Y Y-o-Y Q2 FY26 10% 10% 10% 9% Y-o-Y Y-o-Y Y-o-Y Y-o-Y H1 FY25 7
Slide 9: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) Particulars (₹ in Cr) Sep 2025 Mar 2025 Particulars (₹ in Cr) Sep 2025 Mar 2025 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 1,195 1,081 Equity Share Capital 38 38 Capital work-in-progress 292 98 Other Equity 3,136 2,970 Investmen
Slide 10: Cash Flow (Consolidated)
Cash Flow (Consolidated) Particulars (₹ in Cr) H1FY26 FY25 PBT 269 535 Adjustments 139 297 Operating profit before working capital changes 407 832 Changes in working capital 34 (343) Cash generated from operations 441 489 Direct taxes paid (net of refund) (30) (113) Net Cash from Operating Activitie
Slide 11: Revenue Breakup
Revenue Breakup Segment Wise Breakup (%) Geographical Break up (%) FY26 Q2 FY Q2 25 ₹1,343 cr H1 FY26 FY 25 ₹2,826 cr H1 10
Slide 12: Debt Profile
Debt Profile Long Term Debt (Incl. Short Term Debt Gross Debt Current Maturities) (₹ In Cr) (₹ In Cr) (₹ In cr) Debt Equity Ratio • Gross debt equity ratio within comfort level at 0.24x as on September 30, 2025 • Net debt equity ratio at (0.04) as on September 30, 2025 • Rated ICRA A+/ Positive for
Slide 13: Order Book Analysis as on September 30, 2025
Order Book Analysis as on September 30, 2025 Segment Wise Break-up (%) Geographical Break-up (%) Robust Order Book of ₹ 20,160 crores 12
Slide 14: Company Overview
Mumbai Metro Line 7A Company Overview 13
Slide 15: About J. Kumar Infraprojects
About J. Kumar Infraprojects 1999 PAN India Flyovers & Bridges Metro Projects Quality 40+ Ongoing ~7,300* Presence Execution Projects Incorporated to Established presence Constructed flyovers undertake specialized in states of and skywalks in MMR work on EPC basis Maharashtra, NCR, and NC Gujarat, R
Slide 16: Our Offerings
Our Offerings Metro Infrastructure Elevated Corridors / Roads & Road Civil & Others Water Infrastructure Flyovers Tunnels • Underground Metro • Elevated Corridors • Roads • Hospital / Medical Colleges • Sewage Treatment • Elevated Metro • Flyovers • Highways • Railway Terminus & Stations Plants • El
Slide 17: Business Overview
Pune River front Business Overview 16
Slide 18: Major Completed Projects
Major Completed Projects Mumbai Metro Line 2A Mumbai Metro Line 7 Delhi Underground Metro Delhi Elevated Metro Ahmedabad Metro ESIC Hospital Cum Medical College- Alwar 17
Slide 19: Major Completed Projects
Major Completed Projects JNPT - Mumbai Panjarapol Flyover Grant road Skywalk Amar Mahal Flyover Chheda Nagar Flyover Part 1 BKC- Chunabhatti Flyover 18
Slide 20: Major Ongoing Projects
Major Ongoing Projects Mumbai Underground Metro Line 3 Mumbai Metro Line 9 Pune Elevated Metro Mumbai Metro Line 4A Mumbai Metro Line 7A Pune Underground Metro 19 19
Slide 21: Major Ongoing Projects
Major Ongoing Projects Motagaon Creek Bridge Dwarka Expressway Chhedanagar Flyover Kalwa Bridge Thane SCLR Flyover Sewri Worli Elevated 20 20
Slide 22: Major Ongoing Projects
Major Ongoing Projects RML, Lucknow Vadodara Mumbai Expressway, IRCON Pune Riverfront Airoli Flyover Delhi Metro Dwarka Expressway 21
Slide 23: Fleet of Modern Equipment
TBM Machine Dumper / Tipper Launching Girder Piling Machine Fleet of Modern Equipment RMC Plant Paver Block Casting Yard Segment Rolling Straddle Carrier 22
Slide 24: Management Overview
Vadodara Expressway Management Overview 23
Slide 25: Experienced & Visionary Leadership
Experienced & Visionary Leadership Mr. Jagdish Kumar Gupta Executive Chairman Mr. Kamal Gupta Mr. Nalin J Gupta Managing Director Managing Director 24
Slide 26: Board of Directors
Board of Directors Mr. Raghav Chandra Mr. Sidharath Kapoor Ms. Archana S. Yadav Independent Director Independent Director Independent Director Mr. Ramesh Kumar Choubey Mr. Praveen Ghag Independent Director Executive Director 25
Slide 27: Historical Financials
Siddharth Nagar Hospital Historical Financials 26
Slide 28: Profit & Loss (Consolidated)
Profit & Loss (Consolidated) Particulars (₹ In Cr) FY22 FY23 FY24 FY25 CAGR Revenue from Operations 3,527 4,203 4,879 5,693 17% Cost of Material Consumed 2,268 2,784 3,170 3,751 Construction Expenses 418 457 550 608 Employee Expenses 279 309 369 413 Other Expenses 58 56 86 95 EBITDA 505 597 704 826
Slide 29: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) As at As at As at As at As at As at As at As at Particulars (₹ in Cr) Particulars (₹ in Cr) Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2025 Mar 2024 Mar 2023 Mar 2022 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 1,081 971 925 790 Equ
Slide 30: Cash Flow Statement (Consolidated)
Cash Flow Statement (Consolidated) Particulars (₹ in Cr) FY25 FY24 FY23 FY22 PBT 535 441 374 283 Adjustments 297 268 228 226 Operating profit before working capital changes 832 709 602 509 Changes in working capital (343) (250) (283) (65) Cash generated from operations 489 459 319 444 Direct taxes p
Slide 31: Key Financial Indicators (Consolidated)
Key Financial Indicators (Consolidated) Revenue (₹ in Cr) EBITDA (₹ in Cr) PAT (₹ in Cr) Cash PAT (₹ in Cr) 30
Slide 32: Revenue – Key Contributors
Revenue – Key Contributors METRO - UNDERGROUND (₹ cr) METRO - ELEVATED (₹ cr) 941 976 766 683 F Y2 2 F Y2 3 F Y2 4 F Y2 5 ELEVATED CORRIDORS/ FLYOVERS (₹ cr) ROADS & ROAD TUNNELS (₹ cr) WATER, CIVIL & OTHERS (₹ cr) 31
Slide 33: Strong Financial Metrics
Strong Financial Metrics Asset Turnover Ratio Working Capital Days 127 126 123 112 FY22 FY23 FY24 FY25 ROE ROCE 20.0% 17.6% 18.6% 15.2% FY22 FY23 FY24 FY25 32
Slide 34: Thank You
AIROLI J. Kumar Infraprojects Ltd. Mr. Vasant Savla Marathon Capital Advisory Pvt. Ltd. Thank You Chief Finance Officer Rahul Porwal - rahul@marathoncapital.in Ph: +91-22-67743555 Amit Porwal - amit@marathoncapital.in Email: vasant.savla@jkumar.com Mo. : +91-9967576900 / 9819773905 www.jkumar.com Ph