J Kumar Infra raises FY25 revenue growth guidance, targets ₹8,000 crore order inflow

Gupta is confident the company is well on track to achieve its billion-dollar revenue target by financial year 2027.

The earnings before interest, tax, depreciation, and amortisation margins is likely to remain around 14-15%, he said.

Discussing the recent acquisition of Pranav Construction, Gupta said, “It makes specialised moulds, shutters that we require for all of our metros, flyovers and all these businesses. So, that is why we have acquired it and we do not intend to take any debt for that.”

On Tuesday, March 12, the company announced its successful bid for multiple projects through joint ventures, with the total orders amounting to ₹1,822.7 crore.

| J Kumar Infraprojects receives multiple orders worth over ₹ 1,822 crore in Mumbai through JV firms

J Kumar, in collaboration with SMC Infra secured a contract valued at ₹493 crore from the Navi Mumbai Municipal Corporation. This contract involves the construction of a creek bridge linking Ghansoli and Airoli along Palm Beach Road at Ghansoli in Navi Mumbai.

The company also secured another project valued at ₹1,329.71 crore in partnership with RPS. This contract, awarded by the Brihanmumbai Municipal Corporation (BMC), entails the construction of an elevated road corridor from the Eastern Freeway (Orange Gate) to the Grant Road Area.

Also Read | J Kumar Infra wins ₹ 912.3 crore coastal road construction project from CIDCO

J Kumar Infraprojects currently has a market capitalisation of approximately ₹4,527.45 crore. Over the past year, its shares have appreciated by nearly 140%.

For the entire interview, watch the accompanying video