John Cockerill India Limited (COCKERILL)

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John Cockerill India Limited (COCKERILL) · mywealthgrid

About

Manufactures industrial products, ₹4,203 Cr market cap. Revenue collapsed 70% from ₹253.9 Cr (Dec 2023) to ₹72–76 Cr in recent quarters, forcing losses despite zero debt (D/E 0). Recovery path unestablished.

Face value: ₹10

Market cap

₹3,915 Cr

P/E

—

P/B

20.5×

Dividend yield

0.1%

ROE

—

ROCE

—

Debt / equity

OPM

-2.8%

EPS (TTM)

₹-19.7

Book value

₹389.4

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Revenue contracted 70% from ₹253.9 Cr (Dec 2023) to ₹72.34 Cr (Dec 2024), no recovery signal in latest quarter; verify root cause and whether contraction is cyclical or structural.
Operating margins deeply negative (OPM -11.36% Sep 2024) and remain negative (OPM -0.59% Mar 2025); identify whether fixed-cost burden or pricing pressure prevents profitability.
Net losses 4 straight quarters (Jun 2024–Mar 2025); verify burn rate and cash runway if recovery stalls.
Institutional investor participation near-zero (FII 0.32%, DII 0.11% Jun 2026); verify whether reflects analyst neglect or governance concerns.

Generated analysis · source review pending

Growth drivers

Revenue stabilized at ₹72–76 Cr after collapsing 70% from ₹253.9 Cr; recovery to 50% of prior peak would unlock leverage if industrial products demand recovers—verify cyclicality in end-markets.
Operating margin improved from -11.36% (Sep 2024) to -0.59% (Mar 2025), indicating cost discipline; verify whether trend reaches 3–5% OPM from FY24 as fixed costs leverage.
Dividend paid Mar 2026 despite losses indicates reserves; verify whether cash buffer funds profitability recovery and resumed distributions.

Generated analysis · source review pending

2,263 historical price candles were omitted because the exchange source has not been verified.

₹7,989.0+1.3%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+High promoter holding of 70.4% with no pledge

Cons

−Low return on equity of -192.1% (3-yr avg)
−Revenue shrank over the last 5 years (-3% a year)
−Weak interest coverage of -4.7×
−Trading at 20.5× book value
−Promoter holding fell 4.6 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

28/100

Business quality: 33
Growth: 0

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	202	156	308	496	371	196	383	484	814	318
COGS	-106	-69	-2	-332	-207	-130	267	332	-597	-184
Gross profit	—	—	—	—	—	—	115	152	—	—
	307	229	306	794	556	355	106	145	1,380	511
Operating profit (EBITDA)	1	-4	4	34	22	-29	9	7	31	-9
OPM %	0.4%	-2.5%	1.2%	6.8%	5.9%	-14.9%	2.5%	1.4%	3.8%	-2.8%
Depreciation	6	5	6	6	6	5	5	5	5	6
Interest	2	1	1	2	3	2	7	2	3	2
	9	14	16	21	16	6	6	17	8	4
Profit before tax	20	4	13	47	29	-30	4	16	31	-13
Tax	6	—	7	12	5	-1	-0	3	6	-3
Tax %	33%	—	49.4%	25.4%	17.9%	-3.8%	-4.7%	20.3%	17.9%	-24.4%
	13	3	7	35	24	-29	5	13	25	-10
PAT margin %	6.5%	2.2%	2.2%	7.1%	6.4%	-14.8%	1.2%	2.7%	3.1%	-3.1%
EPS (₹)	26.6	—	13.6	71.1	48.1	-58.9	9.4	26.1	51.2	-18.2
EPS adjusted (₹)	—	—	—	—	—	-58.8	9.4	26.1	—	—
	0%	—	29.4%	14.1%	10.4%	—	21.3%	19.2%	13.7%	—
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2021	Mar 2022	Mar 2023
Equity capital	5	5	5
Reserves	—	175	187
	—	0	0
	—	160	658
Total equity & liabilities	—	340	851
	54	51	50
CWIP	—	1	2
Investments	—	0	0
	—	289	799
Total assets	—	340	851

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	60	90	-38	-58	-21	26	71	-66	159
	2	-30	26	-0	2	-19	-7	2	-81
	-0	-0	-2	-6	-3	-0	-1	-5	-2
Net cash flow	61	60	-14	-64	-22	7	62	-69	75
Free cash flow	—	—	—	—	—	24	67	-77	153
CFO / Operating profit %	—	—	-113.4%	-264.1%	—	278%	—	-214.6%	—

Compounded sales growth

7 years: 1%
5 years: -3%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	—	—	—	—	30.1%	31.4%	—	—
EBITDA margin %	1.2%	6.8%	5.9%	-14.9%	2.5%	1.4%	3.8%	-2.8%
EBIT margin %	-0.7%	5.7%	4.4%	-17.5%	1.3%	0.3%	3.1%	-4.8%
PAT margin %	2.2%	7.1%	6.4%	-14.8%	1.2%	2.7%	3.1%	-3.1%
Working capital
Receivable days	—	—	—	—	115	101	—	—
Inventory days	—	—	—	—	13	26	—	—
Payable days	—	—	—	—	99	305	—	—
NWC days	—	—	—	—	29	-179	—	—
Leverage
Current ratio	—	—	—	—	1.6	1.18	—	—
Debt to EBITDA	—	—	—	—	0	0	—	—
Debt to equity	—	—	—	—	0	0	—	—
Interest coverage	15.6	20.8	10.4	-11.5	1.6	9.4	12	-4.7
Asset turnover	—	—	—	—	1.12	0.57	—	—
Return ratios
Return on assets %	—	—	—	—	1.4%	1.5%	—	—
Return on capital employed %	—	—	—	—	5.9%	9.1%	—	—
Return on equity %	—	—	—	—	2.6%	6.7%	—	—

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	75%	75%	75%	75%	75%	75%	75%	75%	75%	70.44%	70.44%	70.44%
	0%	0%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.02%	0.02%	0.32%
	0%	0%	0.08%	0.08%	0%	0%	0%	0%	0%	0%	0%	0.11%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	25%	25%	24.9%	24.9%	24.98%	24.98%	24.98%	24.98%	24.97%	29.54%	29.54%	29.13%
No. of shareholders	—	—	—	—	—	—	—	—	11,058	12,927	13,233	14,140

Promoter holding down 4.56 percentage points since Sep 2023.

17 deals · 14 Jul 2025 – 5 Jan 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
5 Jan 2026	RAMDOOT REALTORS PVT LTD	Bulk	BSE	Sell	30,230	₹5,746.63	₹17.37 Cr
5 Jan 2026	RAMDOOT REALTORS PVT LTD	Bulk	BSE	Buy	22,300	₹5,844.60	₹13.03 Cr
1 Jan 2026	CRONY VYAPAR PVT LTD	Bulk	BSE	Sell	34,418	₹5,538.68	₹19.06 Cr
1 Jan 2026	CRONY VYAPAR PVT LTD	Bulk	BSE	Buy	32,402	₹5,534.61	₹17.93 Cr
26 Dec 2025	JOHN COCKERILL SA	Bulk	BSE	Sell	1,91,851	₹4,728.41	₹90.72 Cr
26 Dec 2025	RAMESH SHRICHAND DAMANI	Bulk	BSE	Buy	27,500	₹4,704.45	₹12.94 Cr
26 Dec 2025	CHETAN JAYANTILAL SHAH	Bulk	BSE	Buy	25,000	₹4,707.00	₹11.77 Cr
3 Oct 2025	RAMDOOT REALTORS PVT LTD	Bulk	BSE	Buy	25,884	₹6,481.80	₹16.78 Cr
3 Oct 2025	RAMDOOT REALTORS PVT LTD	Bulk	BSE	Sell	19,520	₹6,438.09	₹12.57 Cr
22 Sept 2025	CRONY VYAPAR PVT LTD	Bulk	BSE	Buy	66,259	₹6,017.35	₹39.87 Cr

1–10 of 17

1 / 2

Mr. Francois-David MartinoNon-Executive - Non Independent Director-Chairperson related to Promoter
Mr. Frederic LemaitreNon-Executive - Non Independent Director
Mr. Vivek BhideNon-Executive - Non Independent Director
Mr. Nandkumar DhekneNon-Executive - Independent Director
Ms. Anupama VaidyaNon-Executive - Independent Director
Ms. Anjali GupteNon-Executive - Independent Director
Mr. Anand SenNon-Executive - Independent Director
Mr. Frederic MartinExecutive Director-MD
Mr. Kiran RahateChief Financial Officer
Ms. Nidhi Narayan SalampuriaCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in John Cockerill India Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Aug 2026Transcript AI Summary PPTREC
May 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

18 announcementsExport CSV

18 Sept 2026, 12:41 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

17 Sept 2026, 6:05 pmCompany Update

Reminder Letter Sent To Shareholders For Transfer Of Dividend And Equity Shares Of The Company To The Investor Education And Protection Fund (''IEPF'')

General PDF

10 Sept 2026, 7:16 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

28 Aug 2026, 8:47 pmCompany Update

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Award of Order / Receipt of Order PDF

20 Aug 2026, 9:20 pmCompany Update

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Earnings Call Transcript PDF

20 Aug 2026, 6:49 pmCompany Update

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Earnings Call Transcript PDF

15 Aug 2026, 2:15 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

13 Aug 2026, 11:31 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Analyst / Investor Meet PDF

Date	Category	Subject	Filing
18 Sept 2026, 12:41 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
17 Sept 2026, 6:05 pm	Company Update General	Reminder Letter Sent To Shareholders For Transfer Of Dividend And Equity Shares Of The Company To The Investor Education And Protection Fund (''IEPF'')

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Ratio	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	—	—	—	—	30.1%	31.4%	—	—
EBITDA margin %	1.2%	6.8%	5.9%	-14.9%	2.5%	1.4%	3.8%	-2.8%
EBIT margin %	-0.7%	5.7%	4.4%	-17.5%	1.3%	0.3%	3.1%	-4.8%
PAT margin %	2.2%	7.1%	6.4%	-14.8%	1.2%	2.7%	3.1%	-3.1%
Working capital
Receivable days	—	—	—	—	115	101	—	—
Inventory days	—	—	—	—	13	26	—	—
Payable days	—	—	—	—	99	305	—	—
NWC days	—	—	—	—	29	-179	—	—
Leverage
Current ratio	—	—	—	—	1.6	1.18	—	—
Debt to EBITDA	—	—	—	—	0	0	—	—
Debt to equity	—	—	—	—	0	0	—	—
Interest coverage	15.6	20.8	10.4	-11.5	1.6	9.4	12	-4.7
Asset turnover	—	—	—	—	1.12	0.57	—	—
Return ratios
Return on assets %	—	—	—	—	1.4%	1.5%	—	—
Return on capital employed %	—	—	—	—	5.9%	9.1%	—	—
Return on equity %	—	—	—	—	2.6%	6.7%	—	—

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Indo-Mim LimitedINDOMIMINDOMIM	₹62,891 Cr	₹63,981 Cr	₹4,193 Cr	₹1,071 Cr	25.5%	₹534 Cr	12.7%	29.6%	21.3%	—
Aditya Infotech LimitedCPPLUSCPPLUS	₹44,797 Cr	₹44,910 Cr	₹4,883 Cr	₹709 Cr	13.4%	₹477 Cr	8.7%	33.8%	25.5%	61
Syrma Sgs Technology LimitedSYRMASYRMA	₹33,121 Cr	₹33,474 Cr	₹5,464 Cr	₹610 Cr	11.3%	₹402 Cr	7.2%	18.7%	15%	48
Honeywell Automation India LimitedHONAUTHONAUT	₹29,454 Cr	₹29,454 Cr	₹4,703 Cr	₹637 Cr	12.9%	₹551 Cr	11.2%	16.7%	12.4%	-12
Jyoti Cnc Automation LimitedJYOTICNCJYOTICNC	₹23,470 Cr	₹24,320 Cr	₹2,191 Cr	₹535 Cr	25.2%	₹322 Cr	16.1%	25.3%	18.2%	359
Kaynes Technology India LimitedKAYNESKAYNES	₹22,773 Cr	₹23,648 Cr	₹3,899 Cr	₹609 Cr	15.8%	₹346 Cr	10%	15.4%	9.6%	193
Lmw LimitedLMWLMW	₹17,706 Cr	₹17,706 Cr	₹3,374 Cr	₹219 Cr	5.3%	₹175 Cr	4.1%	6.4%	4.6%	23
Tega Industries LimitedTEGATEGA	₹15,721 Cr	₹16,039 Cr	₹3,059 Cr	₹231 Cr	13.7%	₹21 Cr	8.4%	8.5%	5.9%	153
Lloyds Engineering Works LimitedLLOYDSENGGLLOYDSENGG	₹14,553 Cr	₹14,587 Cr	₹1,611 Cr	₹229 Cr	14.5%	₹163 Cr	15.2%	17.5%	16.4%	184
Kennametal India LimitedKENNAMETKENNAMET	₹9,411 Cr	₹9,411 Cr	₹991 Cr	₹179 Cr	18.1%	₹114 Cr	11.5%	24.5%	18.5%	170
Dynamatic Technologies LimitedDYNAMATECHDYNAMATECH	₹9,354 Cr	₹9,883 Cr	₹1,675 Cr	₹200 Cr	11.3%	₹42 Cr	2%	12.3%	4.3%	142
Standard Engineering Technology LimitedSETLSETL	₹8,318 Cr	₹8,376 Cr	₹849 Cr	₹129 Cr	15.4%	₹89 Cr	10.7%	15.5%	10.7%	335

John Cockerill India Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Dividends15

Board meetings1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

15

1