Dashboard/JKIL

JKIL

UNDERVALUED

J.Kumar Infraprojects Limited

Infrastructure · NSE

↑ 55.2% vs fair value

52W Low

₹425

+7.5% from low

52W High

₹766

-40.3% from high

News sentiment (11 articles)

9 bull1 neutral1 bear

✦

Analyst Note

2d ago

J.Kumar Infraprojects trades at ₹456.8 against a fair value of ₹1,019.74, presenting a 55% margin of safety—a substantial undervaluation in the infrastructure sector. The company demonstrates solid fundamentals with a lean balance sheet (0.25 debt-to-equity), strong free cash flow of ₹141 Cr, and improving ROCE of 18.1%, though recent performance shows revenue down 12.2% and earnings down 16.1% year-on-year. Sentiment remains consistently bullish across both weekly and monthly periods, while a five-year earnings CAGR of 23.9% signals underlying operational strength. This profile suits value investors with a medium-to-long-term horizon who can tolerate near-term earnings headwinds.

Valuation Gauge

UNDERVALUED+55.2% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹457

Fair Value

₹1,020

Fair Value Analysis

₹1,020

Based on balance sheet strength analysis and earnings growth potential for Infrastructure sector companies | Sector-cheap: P/E at 23th percentile vs sector peers. | ROCE improving (latest 22.2%) — capital allocation becoming more efficient.

Medium confidence

Balance Sheet Value

55% weight

₹681

Growth Valuation

46% weight

₹1,427

Price vs Market

JKIL

Nifty 50

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

7.2 / 10

Profitability

8/10

ROE of 11.7% is acceptable for Infrastructure sector (benchmark: 15%)

Debt & Leverage

10/10

D/E ratio of 0.2x is well within the Infrastructure sector norm of 2.0x — strong balance sheet

Valuation vs Peers

10/10

P/E of 9.3x trades at a 92% discount to Infrastructure sector median (112x) — attractively valued

Cash Flow

4/10

FCF margin of 2.5% — thin cash generation, watch capex trends

Earnings Growth

6/10

5yr EPS CAGR of 23.9% is below the Infrastructure sector average of 42.2%

Dividend

6/10

Dividend yield of 0.9% provides moderate shareholder returns

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

2.0%

Free cash flow / market cap

Revenue Growth (YoY)

+11.2%

Year-on-year revenue change

Profit Growth (YoY)

+15.3%

Year-on-year PAT change

Operating Cash Flow

₹376 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹49.2

P/E Ratio

9.3x

P/B Ratio

1.1x

ROE

11.7%

ROCE

18.1%

Debt / Equity

0.25x

Beta

0.1

Div Yield

0.9%

FCF (Cr)

₹141 Cr

Revenue (Cr)

₹5,693 Cr

EPS Growth 5Y

23.9%

Mkt Cap (Cr)

₹3,445 Cr

52W High

₹765.6

52W Low

₹425

Book Value/Share

₹418.7

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹5.8K Cr	₹834 Cr	14.0%	₹391 Cr	₹51.70
2025-03-31	₹5.7K Cr	₹826 Cr	15.0%	₹391 Cr	₹51.70
2024-03-31	₹4.9K Cr	₹704 Cr	14.0%	₹331 Cr	₹43.71
2023-03-31	₹4.2K Cr	₹597 Cr	14.0%	₹274 Cr	₹36.26
2017-03-31	₹1.6K Cr	₹249 Cr	16.0%	₹106 Cr	₹13.95
2016-03-31	₹1.5K Cr	₹246 Cr	16.0%	₹96 Cr	₹12.70

Compounded Growth Rates

Sales Growth

3Y+11.1%

5Y+30.8%

10Y—

Profit Growth

3Y+12.6%

5Y+32.4%

10Y—

EPS Growth

3Y+12.6%

5Y+32.4%

10Y—

Peer Comparison

Infrastructure

Stock	Price	Fair Value	MoS%	P/E	ROE	Signal
KNRCON KNR Constructions	₹115	₹618.1	+81.4%	7.2	16.8%	UNDERVALUED
HGINFRA H.G. Infra Engineering	₹489	₹2,559.4	+80.9%	8	19.1%	FAIRLY_VALUED
PNCINFRA PNC Infratech	₹174.3	₹553	+68.5%	5.6	10.8%	FAIRLY_VALUED
ASHOKA Ashoka Buildcon	₹112.9	₹266.6	+57.6%	1.1	9.7%	UNDERVALUED
JKIL J.Kumar Infraprojects Limited	₹456.8	₹1,019.7	+55.2%	8.8	11.7%	UNDERVALUED
PATELENG Patel Engineering Limited	₹25	₹54	+53.8%	8.6	6.8%	UNDERVALUED
GRINFRA G R Infraprojects	₹829.5	₹1,579.5	+47.5%	7.4	12.3%	FAIRLY_VALUED
DBL Dilip Buildcon Limited	₹403.8	₹738.8	+45.4%	4.3	7.5%	UNDERVALUED