What we do Jinkushal Industries Ltd exports new, customized, and refurbished construction machines globally, including its own HexL brand, specializing in excavators, loaders, and more. |
Founded in 2,007 |
Market share India's largest non-OEM exporter of construction equipment with 6.9% market share in exports. |
Problem solved Provides affordable, reliable construction machinery by refurbishing and customizing equipment, reducing capital costs and supporting global infrastructure growth. |
Top clients or who we serve B2B focus serving importers, contractors, wholesalers across 30+ countries in Middle East, Europe, Africa, Americas, and Southeast Asia. |
Key management Chairman & Managing Director Anil Kumar Jain with 37+ years of industry experience; Whole-Time Director Abhinav Jain leads international sales. |
Our journey and innovations Founded in 2007, entered equipment leasing in 2009, started used equipment exports in 2017, launched HexL brand in 2024, and listed publicly in 2025. |
Where we operate Exports primarily outside India (99%), with offices and warehouses in India and Dubai, serving over 30 countries globally. |
Top products or what we offer New, customized, and refurbished construction machines including backhoe loaders, excavators, bulldozers, cranes, and proprietary HexL backhoe loaders. |
Top brands HexL backhoe loaders launched 2024; trades multiple OEM brands, offering refurbished and customized machines with strong market presence. |
Raw materials needed Construction machinery sourced from multiple OEMs and contract manufacturers, alongside in-house refurbishment materials and parts. |
Raw materials supplier Supplies from 220+ vendors including global OEMs and refurbishment partners spread across India and UAE. |
Recurring vs cyclical contribution Revenue driven mostly by export sales in cyclical construction sector but supported by repeat orders and steady aftermarket services. |
Our industry position Market leader in non-OEM construction equipment exports, holding #1 position in India with expanding international footprint. |
Financial highlights FY25 consolidated revenue of ₹380.56 Cr with ₹18.29 Cr net profit; over 73% 5-year CAGR; EBITDA margin approx. 7.5%. |
Geographical revenue split 99% revenue from exports to Middle East, Europe, Africa, Americas; less than 1% from India. |
Order book - |
Whats driving growth Infrastructure demand in emerging markets, rising acceptance of refurbished equipment, HexL brand expansion, and strategic acquisitions. |
Our future plans Expand product portfolio including electric machinery, increase global distribution, enhance refurbishment capacity and brand visibility. |
Our green promise Committed to circular economy via refurbishment, reducing carbon footprint by extending machinery life cycles. |
Our people and values ~90 employees including engineers and technicians, driven by experienced leadership promoting innovation and customer service. |
Key challenges ahead Managing global supply chain risks, fluctuating demand cycles, maintaining quality with scale, and currency/ trade uncertainties. |
Interesting facts Recognized as India’s largest non-OEM construction equipment exporter; over 1500 machines exported globally since 2017. |
Risks and strategy Risks include market cyclicality and supply disruptions; strategy focuses on diversification, operational efficiency, and product innovation. |
