π₯ JNK India Ltd β From Heaters to Hydrogen: Still Lukewarm?
Date of Publishing -
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π At a Glance
JNK India Ltd is in the business of process-fired heaters, cracking furnaces, and other heat-transfer equipment, and now wants a piece of the hydrogen + solar EPC pie too. The company has shown strong growth since FY20, but FY25 was… mid. With slowing margins, a 261-day debtor cycle, and a 62x P/E, the stock needs more than just heat β it needs a spark.
1. π§ͺ WTF Do They Even Do?
JNK India is your industrial boiler room boss:
Builds process-fired heaters, reformers, furnaces for oil & gas, chemical, and power industries.
Expanding into:
Flare Systems & Incinerators
Hydrogen Production & Distribution Systems
Solar EPC
So yes, theyβre kind of like the Shaadi.com of industrial heating β trying to match gas with fire, now trying solar with subsidies.