About J. Kumar Infraprojects Limited

Kumar Infraprojects Limited (JKIL) is an Indian engineering and construction company incorporated as a public limited company with CIN L74210MH1999PLC122886, headquartered at J. Kumar House, Subhash Road, Vile Parle (East), Mumbai 400057, with equity listed on BSE (532940) and NSE (JKIL) as of March 31, 2025. JKIL’s activities focus on urban infrastructure EPC with core strengths in transportation engineering (metros, flyovers, roads), tunnels and irrigation, civil construction, piling, and related E&M works, executed across dense urban environments with specialised plant and tunnelling capabilities. The Board recognizes a single operating framework guided by Ind AS 108, with segment performance reviewed by the CODM across business and geographic lenses for internal management purposes, while operating predominantly within India’s infrastructure market. The company operates through project JVs and joint operations where it recognizes its direct rights in assets, liabilities, revenues, and expenses, supporting execution of complex, multi-year projects in metros and municipal works. As of FY 2024-25, JKIL reported two subsidiaries: Odette Engineers Private Limited (direct) and Pranav Construction System Private Limited (step-down via Odette); there was no material subsidiary during the period under review. Key milestones in FY 2024-25 included shareholder approvals on September 24, 2024 for enabling a QIP up to Rs 800.00 crore (not raised during the year), increase in authorised share capital to Rs 50.00 crore, and approvals for material related party transactions tied to the Goregaon–Mulund twin tunnel EPC scope through related entities with caps of Rs 934.80 crore and Rs 1,750.00 crore for FY 2024-25 to FY 2028-29.

J.Kumar Infraprojects Limited Business Segment

• No percentage contribution to revenue by business verticals is disclosed in the report sections reviewed, and no domestic versus international revenue split is reported; operations and listings, processes, and statutory disclosures indicate a predominantly India-focused footprint without disclosed international revenue segmentation for FY 2024-25.
  

Kumar Infraprojects Limited Key Management

• Jagdishkumar M. Gupta — Executive Chairman.

• Kamal J. Gupta — Managing Director.

• Dr. Nalin J. Gupta — Managing Director.

• Pravin Ramkrishna Ghag — Director – Administration and Compliances.

• Vasant Savla — Chief Financial Officer (DOJ effective August 06, 2024).

• Poornima Chintakindi — Company Secretary.

Latest Updates on J. Kumar Infraprojects Limited

• Shareholders approved enabling resolution for a Qualified Institutions Placement up to Rs 800.00 crore at the 25th AGM on September 24, 2024; no funds were raised during FY 2024-25 under this approval.

• Authorised share capital increased from Rs 40.00 crore to Rs 50.00 crore, approved by members at the 25th AGM on September 24, 2024.

• Material related party transactions approved at the 25th AGM for Goregaon–Mulund twin tunnel EPC works, capped at Rs 934.80 crore (J. Kumar NCC Private Limited) and Rs 1,750.00 crore (J. Kumar NCC GMLR JV) spanning FY 2024-25 to FY 2028-29.

• ICRA maintained long-term issuer rating at ICRA A with outlook revised to Positive; instrument-wise facilities including term loans, fund-based and non-fund-based limits carry ICRA A (Positive) as disclosed.

• Appointment update: Vasant Savla designated Chief Financial Officer, date of joining effective August 06, 2024.