Jinkushal Industries Limited · NSE:JKIPL
Jinkushal Industries — IPO Roadshow (September 2025)
47 slides from Jinkushal Industries's IPO roadshow presentation, September 2025
Slide 1: Private & IPO Investor Presentation
SEPTEMBER 2025 Private & IPO Strictly Confidential Investor Presentation
Slide 2: Disclaimer
DISCLAIMER This presentation and accompanying slides ("Presentation") has been prepared by management of Jinkushal Industries Limited (formerly Jinkushal Industries Private Limited) ("Company") solely for informational purposes and do not constitute a red herring prospectus, prospectus, a statement
Slide 3: Directors
DIRECTORS Anil Kumar Jain Abhinav Jain Sumeet Kumar Berlia CHAIRMAN & MANAGING DIRECTOR WHOLE-TIME DIRECTOR EXECUTIVE DIRECTOR & CFO (PROMOTER) (PROMOTER) Oversees Finance and Accounts; Holds Diploma in Mechanical Engineering, Mechanical Engineering Background, ensures financial controls and reporti
Slide 4: Offer Summary
OFFER SUMMARY Fresh Issue of up to 86,40,000 equity shares ₹10 face value and Offer-for-Sale of up to 9,59,548 equity Offer shares by promoters, Total: Upto 95,99,548 equity shares of face value ₹ 10 each. The Company will Structure receive proceeds of the Fresh Issue; it will not receive any funds fr
Slide 5: Expected Timeline
EXPECTED TIMELINE: Event Indicative Date Anchor Investor Bidding Date September 24, 2025 Bid/Offer Opening Date September 25, 2025 Bid/Offer Closing Date September 29, 2025 Finalisation of Basis of Allotment with the Designated Stock Exchange On or about September 30, 2025 Initiation of refunds (if an
Slide 6: Index
INDEX 1. Company Overview 2. Industry Overview 3. Business Model and Operations 4. Leadership And Strategy 5. Financial Performance 6. Appendix — Industrial Outlook — JKIPL Business Details — Financials Jinkushal Industries
Slide 7: Key Highlights - Jinkushal Industries
Company Overview KEY HIGHLIGHTS - JINKUSHAL INDUSTRIES INDIA’S LARGEST EXPORTER OF NON-OEM CONSTRUCTION MACHINES- as per Care Edge Report 73.37% 5 Years CAGR ₹233.45 Cr to ₹380.56 Cr 28.30% Revenue(FY23) to (Fy25) ROE 6.29% to 7.52% 18.39% EBITDA margin RoCE 4.33% to 5.03% 21.22% 30+ 6.9% 3 PAT marg
Slide 8: About JKIPL
Company Overview ABOUT JKIPL · Jinkushal Industries Limited (“JKIPL”) is India’s largest non-OEM exporter of construction and mining machinery (Source: CARE Edge). · We are in the niche business of Exports of Refurbished, Customised and Own Brand Sales of Construction equipment through our 3 differen
Slide 9: Our Vision and Mission
Company Overview OUR VISION: To become the world’s largest and most trusted one-stop destination for used and new construction and mining equipment, while developing and delivering customer-focused, value-driven machinery under our own brand, HexL. We aim to empower businesses across the globe with
Slide 10: Key Milestones in Our Journey
Company Overview KEY MILESTONES IN OUR JOURNEY 2007 2009 2017 2022 Incorporated in Current Promoters Ventured into Annual revenue Nov 2007 took over; Initiated export of used crossed ₹100 Cr Equipment Leasing construction and Contracting equipment 2023 2024 Incorporated a Undertook strategic wholly-
Slide 11: Global Used Equipment Market - Large and Growing
Industry Overview GLOBAL USED EQUIPMENT MARKET – LARGE AND GROWING Market Size: Global used construction equipment market ~USD 132.4 Bn in 2024, projected to USD 177.2 Bn by 2029 (~6% CAGR). Growth Drivers: Massive infrastructure buildout in emerging markets; contractors seek 20-50% cost savings wit
Slide 12: Backhoe Loader Segment - Steady Growth Outlook
Industry Overview BACKHOE LOADER SEGMENT – STEADY GROWTH OUTLOOK Core Segment: Backhoe loaders are versatile (excavation + loading). Global market grew from $3.61 Bn (2019) to $4.44 Bn (2023) (~5.3% CAGR). Demand Drivers: Continued urbanization and road/utility projects, plus multi-use nature of bac
Slide 13: Cost & Sustainability Driving Used Equipment Uptake
Industry Overview COST & SUSTAINABILITY DRIVING USED EQUIPMENT UPTAKE Cost Advantage: New machinery prices have surged (supply chain constraints), making used/refurbished equipment attractive significantly lower capital cost while meeting performance needs. Circular Economy: Increased emphasis on env
Slide 14: Integrated Multi-Vertical Business Model
Business Model and Operations INTEGRATED MULTI- VERTICAL BUSINESS MODEL (ii) Used/Refurbished (I) New/Customised (iii) HexL Brand: Machines: Machines: Export of proprietary Export of fully refurbished Exports of new CE, backhoe loaders CE (as-good-as-new tailored to client specs. (new brand launched
Slide 15: Efficient Procurement, Supply Chain & Refurbishment Network
Business Model and Operations WE HAVE AN EFFICIENT PROCUREMENT, SUPPLY CHAIN & REFURBISHMENT NETWORK BROAD SOURCING NETWORK LOGISTICS AND SUPPLY CHAIN PROCESS 220+ 1. PREPARATION & LOADING 2. TRANSPORTATION TO PORT suppliers - REFURBISHMENT INFRASTRUCTURE: 4. CUSTOMS CLEARANCE 3. PORT HANDLING 42+ i
Slide 16: Asset-Light Manufacturing & Tech Orientation
Business Model and Operations ASSET-LIGHT MANUFACTURING & TECH ORIENTATION Contract Manufacturing (HexL): HexL brand machines are produced via outsourced contract manufacturing to meet JKIPL's specifications – no heavy factory capex . Quality Control & R&D: Even with outsourcing, JKIPL enforces strin
Slide 17: Global Market Reach and Customer Access
Business Model and Operations GLOBAL MARKET REACH AND CUSTOMER ACCESS Export Value for the period ended 31st March 25 ₹ 28,244.58 Lakhs ₹ 76.12 Lakhs 50+ customers Export Footprint: Products reach 30+ countries across Middle East, Europe, Africa, Latin America, SE Asia (e.g. UAE, Mexico, Netherlands
Slide 18: Diversified Product Portfolio
Business Model and Operations DIVERSIFIED PRODUCT PORTFOLIO Broad Range: Multi-Brand Sourcing: Sector Coverage: Continuous Expansion: full suite of construction Procures equipment Equipment serves New product categories machinery: excavators, from infrastructure, (e.g. electric machinery, multiple l
Slide 19: Diversified Customer Base & Longstanding Relationships
Business Model and Operations Global Clientele: Customers span 30+ countries (importers, wholesalers, contractors), reducing dependency on any one market. Loyalty & Repeat Business: Many clients have relationships >5 years, repeatedly ordering additional machines as they expand business. DIVERSIFIED
Slide 20: Key Strengths & Competitive Advantages
Business Model and Operations KEY STRENGTHS & COMPETITIVE ADVANTAGES Market Leadership: #1 non-OEM CE exporter in India (6.9% market share in exports), largest Indian exporter in this segment. Refurbishment Pioneer: Value-engineering and refurbishing used machinery, differentiating from competitors w
Slide 21: Experienced Leadership Team
Leadership and Strategy EXPERIENCED LEADERSHIP TEAM Promoter-Directors: Mr. Anil Kumar Jain (CMD) and Mr. Abhinav Jain (WTD) driving strategy with vast Construction equipment industry & financial expertise. Professional Management: Experienced cadre of managers in operations, sales, finance – supporti
Slide 22: Growth Strategy
Leadership and Strategy GROWTH STRATEGY 1. Integration and Diversification Further · Expand and streamline the supply chain by on boarding more vendors for procurement, refurbishment, customization, and contract manufacturing. · Diversify supplier base to mitigate risks, ensure consistent machine ava
Slide 23: Our Strong Financial Performance
Financial Performance OUR STRONG FINANCIAL PERFORMANCE Key Drivers Expanding exports through entry into new markets and higher sales volumes. ₹233.45 Cr to ₹380.56 Cr Revenue (FY23) to (FY25) Introduction of higher-value offerings, driving revenue growth. Profit 2x Growth in 2 Years Increased share of
Slide 24: Improving Profitability & Margins
Financial Performance WE HAVE BEEN IMPROVING PROFITABILITY & MARGINS 6.29% to 7.52% EBITDA margin (FY23-FY25) 4.33% to 5.03% PAT margin (FY23 to FY25) Margin Drivers · Higher-margin mix: Refurbished equipment & HexL vs. other brand sales. · Optimized sourcing: Bulk buying & imports lowering unit cos
Slide 25: Healthy Returns and Capital Efficiency
Financial Performance WE STRIVE FOR HEALTHY RETURNS AND CAPITAL EFFICIENCY... 28.30% ROE 18.39% RoCE 0.58x down from 1.06x DEBT / EQUITY (MAR'25 from MAR’24) Jinkushal Industries
Slide 26: Healthy Returns and Capital Efficiency (Return Focus)
Financial Performance ...WE STRIVE FOR HEALTHY RETURNS AND CAPITAL EFFICIENCY Return Focus Asset-light model yields high capital turnover and profitability. Jinkushal Industries
Slide 27: Financial Benchmarking vs. Peers
Financial Performance FINANCIAL BENCHMARKING VS. PEERS Model JKIPL asset-light export focus vs OEM manufacturing vs Equipment Rental Focus (different risk-return profile) Jinkushal Industries
Slide 28: Appendix A - Industrial Outlook
APPENDIX A - INDUSTRIAL OUTLOOK Jinkushal Industries
Slide 29: Industry Outlook and Supporting Data
Industrial Outlook INDUSTRY OUTLOOK AND SUPPORTING DATA · Infrastructure Investment (India): Indian states’ total infrastructure capex has been on the rise, supporting construction equipment demand. (E.g., National Infrastructure Pipeline targets multi-trillion rupee spend by 2025). Charts showing t
Slide 30: Global Infrastructure Boom - Demand Upside
Industrial Outlook GLOBAL INFRASTRUCTURE BOOM – DEMAND UPSIDE Global Infrastructure Pipeline: Emerging economies are undergoing an infrastructure boom (roads, bridges, power plants, ports). This fuels sustained demand for construction machinery. We can observe the expected infrastructure spending of
Slide 31: India - Engineering Exports & Policy Support
Industrial Outlook INDIA – ENGINEERING EXPORTS & POLICY SUPPORT · Engineering Exports Share: India’s engineering goods exports comprise ~24–27% of total merchandise exports , indicating the sector’s importance. Within this, exports of construction machinery (a subset) have been growing as Indian com
Slide 32: Rental & Used Equipment Market Trends
Industrial Outlook RENTAL & USED EQUIPMENT MARKET TRENDS · Rise of Rentals: Global construction rentals are growing as contractors cut capex. Rental fleets often buy quality used machines, boosting demand for JKIPL’s refurbished supply, especially in emerging markets. · Used vs New Mix: In the Americ
Slide 33: Technological & Regulatory Trends
Industrial Outlook Emission Norms: Electrification: Stricter CE emission Global shift toward electric standards (EU Stage V, CE; JKIPL planning to upcoming BS VI-equivalent) introduce electric drive replacement of old Backhoe loaders equipment – an opportunity and loaders as for JKIPL's refurbished/
Slide 34: JKIPL Business Vertical Wise Performance
Industrial Outlook JKIPL BUSINESS VERTICAL WISE PERFORMANCE Trend: Used resurgence boosting margins; HexL brand sales to contribute increasingly. - Segment Revenue Mix (Fy2025): Domestic ₹3.13 Cr (0.82%) Export sales- ₹377.43 Cr (99.18%) Within exports: New - ₹231.90 Cr, Used - ₹131.11 Cr Own Brand
Slide 35: Appendix B - JKIPL Business Details
APPENDIX B- JKIPL BUSINESS DETAILS Jinkushal Industries
Slide 36: Product Portfolio Details
JKIPL Business Details PRODUCT PORTFOLIO DETAILS Equipment Categories: A detailed breakdown of JKIPL's product offerings is presented in table format (as per RHP). It lists each category, typical capacity, and key features. For example: 1. Excavators • Widely used in construction, mining, and infrast
Slide 37: Backhoe Loaders, Cranes, Dozers, Excavators
JKIPL Business Details BACKHOE LOADERS CRANES DOZERS CASE 770EX Case 570 SV Terex Rt780 CAT D8R DOZERS EXCAVATORS CASE CAT 770EX D6R Case CAT 570 D6R2SV CAT D8R CAT 330C EXCAVATORS CAT 323D3 CAT 320D CAT 330BL CAT 321DLCR Jinkushal Industries
Slide 38: Excavators, Motor Graders, Pavers, Piling Rig, Rollers
JKIPL Business Details EXCAVATORS MOTOR GRADERS CAT 316GC CAT 314DLCR CAT 140H CAT 140GC MOTOR GRADERS CASE CAT770EX 120 Case 570 SV CAT 140K2 CAT 120 CAT 140K PAVERS PILING RIG ROLLERS Wirtgen SP500 SOILMEC SR40 CASE 1107FX CASE 1107EX Jinkushal Industries
Slide 39: Rollers, Telehandlers, Own Brand, Wheel Loaders
JKIPL Business Details ROLLERS TELEHANDLERS OWN BRAND Dynapac CC425 JCB 540-170 JCB 530-70 WHEEL LOADERS Backhoe Loader HexL 420X CASE 770EX CAT 950GC Case CAT 570 966KSV CAT 950H Jinkushal Industries
Slide 40: Customized Solutions & Customer Benefits
JKIPL Business Details CUSTOMIZED SOLUTIONS & CUSTOMER BENEFITS · Customization Capability: JKIPL machines are often tailored to customer needs. For new units, we add attachments or modifications – e.g., hydraulic piping kit, AC, Cabin, or special buckets etc., so machines arrive “job-ready,” saving
Slide 41: Operational Infrastructure & Facilities
JKIPL Business Details OPERATIONAL INFRASTRUCTURE & FACILITIES · Registered Office: Our registered office is in Raipur, Chhattisgarh (central India). · Storage Yards: We have secured yards/warehouses near major ports (Navi Mumbai-Nhava Sheva and in Dubai-Jebel Ali via subsidiary) where machines are stor
Slide 42: Appendix C - Financials
APPENDIX C- FINANCIALS Jinkushal Industries
Slide 43: Key Performance Indicators (Financial & Operational)
Financials KEY PERFORMANCE INDICATORS (FINANCIAL & OPERATIONAL) Customer Metrics: Export Focus: Machines Supplied: Top-5 clients account Financial KPIs: ~99% of JKIPL's revenue Since 2017, supplied for ~75% of revenue 5-year revenue CAGR is export-derived, ~1,500+ machines (Fy25) , reflecting 73.37%;
Slide 44: Key Performance Indicators (FY 23-25)
Financials Key Performance Indicators (FY 23-25) For Fiscal Particulars March 31, 2025 2024 2023 Revenue from Operations ( ₹ in Lakhs) 38055.81 23,859.18 23,345.05 Growth in Revenue from Operations (%) 59.50% 2.20% 31.92% Other Income ( ₹ in Lakhs) 524.85 420.66 44.4 EBITDA (₹ in Lakhs) 2860.05 2,75
Slide 45: Balance Sheet
Financials BALANCE SHEET (₹ in Lakhs) (₹ in Lakhs) As At As At Consolidated Standalone Consolidated Standalone Particulars Particulars March 31, March 31, March 31, March 31, March 31, March 31, 2025 2024 2023 2025 2024 2023 A Assets B. Equity and Liabilities 1 Non-Current Assets 1 Shareholders’ Fun
Slide 46: Profit & Loss Statement
Financials PROFIT & LOSS STATEMENT (₹ in Lakhs) (₹ in Lakhs) CONSOLIDATED STANDALONE CONSOLIDATED STANDALONE Particulars March 31, March 31, March 31, 2025 2024 2023 Particulars March 31, March 31, 2024 March 31, 2023 Other Comprehensive Income 2025 (a) Items that will not be reclassified to profit or
Slide 47: End of Presentation
END OF PRESENTATION Thank you for your attention. CONTACT US: ISSUER COMPANY BRLM TO THE OFFER REGISTRAR TO THE OFFER Jinkushal Industries Jinkushal Industries Limited GYR Capital Advisors Private Limited Bigshare Services Private Limited Contact Person: Manish Tarachand Pande Contact Person: Mohit