John Cockerill India Ltd

The stock has rallied 29.82% over the two trading days. It had hit the 20% upper circuit on Wednesday (3 June 2026) after the company announced a major order from JSW Vijayanagar Metallics. The contract, valued at approximately Rs 1,250 crore to Rs 1,300 crore, has been awarded to John Cockerill India (JCIL) and its wholly owned subsidiary, John Cockerill Metal International SA (JCMI). The order involves the design, engineering, supply, supervision of erection and commissioning of two Annealing & Coating Lines (ACL 1 and ACL 2) and one Annealing & Pickling Line (APL) for JSW's CRNO project. John Cockerill India's share of the contract is estimated at around Rs 550 crore. JCMI's portion is valued at approximately EUR 30-35 million. The consortium portion, involving a furnace supplier group, is estimated at around Rs 400 crore. The project is scheduled to be completed within 36 months from May 2026. The company said the order was awarded by domestic entity JSW Vijayanagar Metallics and does not constitute a related-party transaction. It also clarified that neither the promoter nor the promoter group has any interest in the awarding entity. John Cockerill India, a subsidiary of Belgium-based John Cockerill SA, provides design, engineering, manufacturing and installation solutions for steel processing equipment and production lines used by ferrous and non-ferrous metal manufacturers globally. On the financial front, the company reported a consolidated net profit of Rs 7.36 crore in Q1 CY26, compared with a net loss of Rs 2.91 crore in Q1 CY25. Revenue rose 56% year-on-year to Rs 344.52 crore during the quarter ended March 2026. Powered by Capital Market - Live

The contract has been awarded to John Cockerill India (JCIL) and its wholly owned subsidiary, John Cockerill Metal International SA (JCMI), for the design, engineering, supply, supervision of erection and commissioning of two Annealing & Coating Lines (ACL 1 and ACL 2) and one Annealing & Pickling Line (APL) for JSW's CRNO project. Under the contract, John Cockerill India's share is estimated at around Rs 550 crore, while JCMI's portion is valued at approximately EUR 30-35 million. The consortium portion, involving a furnace supplier group, is estimated at around Rs 400 crore. The project is expected to be executed within 36 months from May 2026. The company said the order has been awarded by domestic entity JSW Vijayanagar Metallics and does not constitute a related-party transaction. It also clarified that neither the promoter nor the promoter group has any interest in the awarding entity. John Cockerill India is a subsidiary of Belgium-based John Cockerill SA. The company specializes in the customised design, engineering, manufacturing and installation of steel processing equipment and production lines for ferrous and non-ferrous metal industries worldwide. Its key offerings include cold rolling mill complexes, galvanising lines, colour coating lines, tension levelling lines, skin pass mills, acid regeneration plants, wet flux lines and pickling lines used by steel and metal manufacturers. The company reported a consolidated net profit of Rs 7.36 crore in Q1 CY26 as against a net loss of Rs 2.91 crore in Q1 CY25. Revenue rose by 56% year-on-year (YoY) to Rs 344.52 crore in the March 2026 quarter. Powered by Capital Market - Live

JSW Vijayanagar Metallics has entrusted John Cockerill India (JCIL) and John Cockerill Metal International SA (JCMI, wholly owned subsidiary of the company), with the design, engineering, supply, supervision of erection & commissioning of two annealing & coating line (ACL 1 & ACL 2) and one Annealing & Pickling Line (APL) for CRNO Project as per terms and conditions mentioned in the Letter of Intent. The aggregate contract value is approximately Rs 1,250 - 1,300 crore, comprising: a) JCIL: Approximately Rs 550 crore; b) JCMI: Approximately EUR 30-35 Million; and c) Consortium portion (with furnace supplier group): Approximately Rs 400 crore.

John Cockerill India announced that the Annual General Meeting(AGM) of the company will be held on 25 June 2026.

John Cockerill India will hold a meeting of the Board of Directors of the Company on 26 May 2026.

Revenue rose by 56% year-on-year (YoY) to Rs 344.52 crore in the March 2026 quarter. Total operating expenses for the period under review were Rs 339.60 crore, up 52.7% YoY. Interest outgo and depreciation charges for Q1 CY26 were Rs 7.04 crore (up 61.8% YoY) and Rs 3.28 crore (up 32.3% YoY), respectively. Accordingly, the company posted a pre-tax profit of Rs 6.36 crore in Q1 CY26 as against a pre-tax loss of Rs 2.18 crore in Q1 CY25. Current tax outgo for the March 2026 quarter was Rs 4.71crore, up 371% YoY. The company wrote back deferred tax charge worth Rs 5.70 crore in Q1 CY26. John Cockerill India designs, manufactures, and installs cold-rolling mills, galvanising lines, colour-coating lines, tension levelling lines, skin-pass mills, acid regeneration plants, wet-flux lines, and pickling lines for ferrous and non-ferrous industries world-wide. It has two manufacturing facilities at Taloja and Hedavali, in Maharashtra, and has global footprints across Asia, Africa, Middle East, Europe, North America, and South America. The scrip declined 3.49% to currently trade at Rs 5465 on the BSE. Powered by Capital Market - Live

Net profit of John Cockerill India reported to Rs 7.01 crore in the quarter ended March 2026 as against net loss of Rs 0.75 crore during the previous quarter ended March 2025. Sales rose 161.76% to Rs 200.04 crore in the quarter ended March 2026 as against Rs 76.42 crore during the previous quarter ended March 2025. ParticularsQuarter EndedMar. 2026Mar. 2025% Var. Sales200.0476.42 162 OPM %5.70-0.58 - PBDT9.070.49 1751 PBT7.51-1.02 LP NP7.01-0.75 LP Powered by Capital Market - Live

John Cockerill India will hold a meeting of the Board of Directors of the Company on 18 May 2026.

The scope of work includes design, manufacturing, supply, supervision of erection & commissioning of continuous galvanizing line (CGL#3). The contract is valued at Rs 300 crore. The said contract is expected to be completed by May 2028. John Cockerill India is part of the John Cockerill Group (previously known as the CMI Group), headquartered in Belgium. It has two manufacturing facilities at Taloja and Hedavali, both in Maharashtra, and has a global footprint across Asia, Africa, the Middle East, Europe, North America, and South America. The company's standalone net profit surged 881% to Rs 11.48 crore on 41.1% jump in net sales to Rs 102.07 crore in Q4 CY25 Q4 CY24.

John Cockerill India has received a contract from JSW Steel Coated Products for design, manufacturing, supply, supervision of erection & commissioning of continuous galvanizing line (CGL#3) at the client's Khopoli plant. The total value of contract is approx. Rs 300 crore.