J. Kumar Infraprojects Limited — Earnings Release 2024

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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: [email protected] Website: www.jkumar.com , CIN: L74210MH1999PLC122886

28[th] May, 2024

To,

The General Manager The Listing Department Department of Corporate Services National Stock Exchange of India Ltd BSE Ltd Exchange Plaza, Plot No. C/1, G- Block Mumbai Samachar Marg Bandra- Kurla Complex, Bandra East Mumbai - 400 001 Mumbai-400 051 Scrip Code: 532940 Scrip Symbol: JKIL ISIN: INE576I01022

Dear Sir,

• Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

• Ref: Press Release for the Audited Financial Statements, for the fourth quarter and year-to-date, ended as on 31[st] March, 2024

Dear Sir’s,

Pursuant to the above mentioned Regulations please find enclosed herewith the “Press Release” for the Audited Financial Statements, for the fourth quarter and year-to-date, ended as on 31[st] March, 2024.

Yours faithfully,

for J. Kumar Infraprojects Ltd

POORNIMA Digitally signed by POORNIMA CHINTAKINDI CHINTAKINDI Date: 2024.05.28 15:02:53 +05'30'

Poornima Company Secretary

Enclosures: As Above

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Investor Release

J. Kumar Infraprojects Limited Q4 & FY24 Results Release

Revenue for Q4 FY24 grew by 26% Y-O-Y to ₹ 1,425 crores EBITDA for Q4 FY24 grew by 27% Y-O-Y to ₹ 203 crores PAT for Q4 FY24 grew by 35% Y-O-Y to ₹ 100 crores Order Book as March 31, 2024 stood at ₹ 21,011 crores

Mumbai, May 28, 2024: J. Kumar Infraprojects Limited (JKIL), a pure play EPC company having a niche in construction of Urban Infra Projects including Metros, Elevated Corridors / Flyovers, Roads & Road Tunnels etc. today announced its Audited Financial Results for the quarter and year ended March 31, 2024.

Key Standalone Financial Highlights are as follows:

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Revenue from Operations ( ₹ in Cr) EBITDA ( ₹ in Cr) PAT ( ₹ in Cr)
Q4 FY24 Q4 FY23 FY24 FY23 Q4 FY24 Q4 FY23 FY24 FY23 Q4 FY24 Q4 FY23 FY24 FY23
329
1,425 1,134 4,879 4,203 203 704 597 274
100 74
159
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Standalone Performance highlights for Q4 FY24

Revenue from Operations for Q4 FY24 grew by 26% to ₹ 1,425 crores as compared to ₹ 1,134 crores in Q4 FY23.

EBITDA for Q4 FY24 grew by 27% to ₹ 203 crores as compared to ₹ 159 crores in Q4 FY23. EBITDA margin for Q4 FY24 stood at 14.3% as compared to 14.1% in Q4 FY23.

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PBT for Q4 FY24 grew by 34% to ₹ 134 crores as compared to ₹ 100 crores in Q4 FY23. PBT margin for Q4 FY24 stood at 9.4% as compared to 8.8% in Q4 FY23.

PAT for Q4 FY24 grew by 35% to ₹ 100 crores as compared to ₹ 74 crores in Q4 FY23. PAT margin for Q4 FY24 stood at 7.0% as compared to 6.5% in Q4 FY23.

Standalone Performance highlights for FY24

Revenue from Operations for FY24 grew by 16% to ₹ 4,879 crores as compared to ₹ 4,203 crores in FY23.

EBITDA for FY24 grew by 18% to ₹ 704 crores as compared to ₹ 597 crores in Q4 FY23. EBITDA margin for FY24 stood at 14.4% as compared to 14.2% in FY23.

PBT for FY24 grew by 18% to ₹ 441 crores as compared to ₹ 374 crores in FY23. PBT margin for FY24 stood at 9.0% as compared to 8.9% in FY23.

PAT for FY24 grew by 20% to ₹ 329 crores as compared to ₹ 274 crores in FY23. PAT margin for FY24 stood at 6.7% as compared to 6.5% in FY23.

Total Order book as on March 31, 2024 stood at record high level ₹ 21,011 crores. The order book inter alia includes Metro projects (elevated and underground) contributing ~ 27%, Elevated Corridors / Flyovers, contributing to ~39%, Roads & Road Tunnels projects contributes ~ 24% and others contributing ~11%.

The Company has received order worth ₹ 11,810 crores during FY24.

On the p erformance Mr. Kamal J. Gupta, Managing Director commented , “As we conclude FY24, we are pleased to report a period marked by significant achievements including the largest accretion in our order book, substantial revenue growth alongside margin expansion. The working capital cycle has also seen an improvement on back of substantial reduction in receivable days. On back of record order book and our execution prowess, we are confident of setting up new performance benchmarks in the years to come. Our continued focus on adding and diversifying project portfolio that involves sound technical capabilities, we are optimistic that this will help improve our margins. We at JKIL always work towards successful execution of continuing projects with a scope to scale up further. The Company will continue its focus on working capital management and quality of order book.

We believe that India will emerge as one of the fastest growing infrastructure drivers in the world, marked by an unprecedented investment going into virtually every part of its transforming infrastructure story – whether it is airports, ports, railway stations,

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metro, expressways, water treatment projects or ropeways. On the other hand, we believe that a sectorial shakeout, higher construction benchmarks, and rising prequalification standards have led to an industry wide consolidation. This trend favours larger companies with robust Balance Sheets, enabling them to address even bigger opportunities and strengthen their market position.”

About J. Kumar Infraprojects Limited

J. Kumar Infraprojects Limited (JKIL), is one of the few EPC companies to conform to ISO standards “ISO 9001:2015, ISO 14001:2015 & OHSAS 18001:2007” for Quality Management Systems, Occupational Health and Safety Management System and Environmental Management System. JKIL has developed a niche in construction of Urban Infra Projects including Metros, Elevated Corridors/ Flyovers, Roads & Road Tunnels etc. It is renowned for undertaking design and construction projects on a turnkey basis meeting their clients’ requirements to effect. JKIL is focused on EPC projects, having strong foothold in various sectors like Urban Infrastructure, Transportation Engineering, Piling & Civil Construction etc.

For more information please visit www.jkumar.com

Safe Harbor Statement

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.

Investor Relation Advisors Marathon Capital Advisory Private Limited Rahul Porwal - [email protected] Amit Porwal - [email protected] Mo.: +91-9967576900 / 9819773905 Tel No: +91-22-40030610 / +91 9967576900 www.marathoncapital.in

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