J. Kumar Infraprojects Q1 FY27: Order Momentum, Execution Ramp-Up, and a Steady Margin Base

In Q1 FY27, revenue from operations was 1,511 crore, EBITDA was 215 crore (EBITDA margin 14.2%), and PAT was 97 crore, as per the investor presentation.

The order book stood at 22,246 crore as of June 30, 2026, as disclosed in the investor presentation.

Management guided for FY27 revenue growth of 15% over FY26 (about 6,500 crore topline), EBITDA margin of 14% to 15%, and order inflow of 8,000 to 10,000 crore.

Management attributed margin moderation to timing-related factors and the evolving mix of projects under execution, per the earnings call transcript.

Gross debt increased to 840 crore in Q1 FY27. Management attributed this mainly to term loan drawdown linked to TBM and capex for tunnelling projects.

The company disclosed receipt of a Letter of Acceptance for design, engineering, procurement and construction of an international cricket stadium and allied works in Bengaluru, with contract value 990.16 crore excluding GST and execution period of 36 months.