Jkil — jkumar infraprojects

J Kumar Infra KTA: Vision to be a $1 billion company by FY27 with 25k cr of the order book (FY23 Revenue- 4200 Cr).

1. Received order inflow of 3k cr in Q1FY24 while total order book is 14,350 cr.

2. Guidance – 15% revenue growth with 14-15% margins in FY24. Order inflow of 8k cr (Prev. guidance of 5k cr). Will maintain order book of 15k cr.

3. Working on an access control elevated highway in Chennai which is divided into 4 packages of 3,570 cr.

4. Looking for a bigger ticket size.

5. We are an L1 bidder for a 4k cr package for Goregaon- Mulund link road project.

6. Tunnel Boring machines (TBM)- Mumbai tunnel project required a bigger TBM. Already have 8 machines (6.3 m diameter). The project of JMLR will require 13 m diameter which will be the biggest TBM in India as of now. We will buy it, already placed the order. Two machines will be required at a cost of 350 cr each.

7. Focus on projects where 14-15% EBITDA Margins will be visible.

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