What we do JNK India Ltd manufactures specialized combustion equipment including process fired heaters, reformers, flares, incinerators, and renewable energy solutions for refineries, petrochemical, and fertilizer industries. |
Founded in 2,010 |
Market share Leading player in Indian combustion equipment with growing international projects; strong market share in heating solutions and petrochemical sectors. |
Problem solved Provides critical thermal processing and energy solutions ensuring efficient, safe, and reliable heating and emission control in industrial applications. |
Top clients or who we serve Clients include Indian Oil, Hindustan Petroleum, Reliance, Mundra Petrochem; serves B2B segments in refining, petrochemical, chemical, and renewable sectors. |
Key management Arvind Kamath (Chairperson), Dipak Bharuka (CEO), Goutam Rampelli (Vice Chairperson); experienced leadership driving growth and innovation. |
Our journey and innovations From specialized heaters in 2010 to diversifying into renewable energy and green hydrogen; JV formed for sustainable fuel technologies; IPO in 2024 accelerated growth. |
Where we operate Primarily India across multiple states; exports and projects in Nigeria, Mexico, Malaysia, South Korea, and the USA. |
Top products or what we offer Process fired heaters, reformers, cracking furnaces, flares, incinerators, hydrogen refueling stations, solar EPC, and special fabricated equipment. |
Top brands Leading combustion equipment brands; key projects with IOCL, HPCL, Reliance; JNK Chemdist JV for green hydrogen technologies. |
Raw materials needed Steel and specialized alloys for fabrication, components sourced globally. |
Raw materials supplier Suppliers include international and domestic steel and component manufacturers, ensuring quality and compliance. |
Recurring vs cyclical contribution Revenue is primarily project-based and cyclical, with growing recurring services in maintenance and renewable energy solutions. |
Our industry position Strong foothold in combustion equipment with expanding presence in renewable energy; robust domestic order book and growing exports. |
Financial highlights FY25 revenue of Rs 4917 million, PAT Rs 301 million; 9MFY26 revenue Rs 4934 million with 89.6% YoY PAT growth. |
Geographical revenue split Domestic revenue ~87%, export revenue ~13% focusing on India and selective global markets. |
Order book Rs 17,611 million order book dominated by heating equipment (89.6%), with orders largely from Indian refineries and petrochemical industries. |
Whats driving growth Robust domestic demand, entry into green hydrogen and renewable sectors, and strategic JV for advanced process plants drive growth. |
Our future plans Expand renewable energy offerings, commercialize green hydrogen tech via JV, and scale cracking furnaces and incinerator product lines. |
Our green promise Focus on green hydrogen infrastructure, solar power installations, and sustainable manufacturing practices; strong ESG commitment. |
Our people and values 430 employees with emphasis on safety, quality, diversity, and continuous skill development supporting innovation. |
Key challenges ahead Managing cyclical industry demand, scaling new renewable offerings, and maintaining competitive execution capabilities. |
Interesting facts Successful IPO in 2024 raised Rs 650 crore; first hydrogen refueling station in India installed; recognized for safety excellence. |
Risks and strategy Risks include market volatility and regulatory changes; mitigated through diversification into renewables, stringent risk management, and JV partnerships. |
