J Kumar Infraprojects Upgrades Quality Grade Amid Strong Financial Performance and Growth

J Kumar Infraprojects, a midcap player in the construction industry, has recently undergone an evaluation adjustment reflecting a change in its quality grade. The company's quality grade has transitioned from average to good, indicating a positive shift in its underlying financial metrics. Over the past five years, J Kumar Infraprojects has demonstrated notable sales growth of 13.90% and EBIT growth of 16.79%. The company's ability to manage debt is highlighted by a debt-to-EBITDA ratio of 1.19 and a net debt-to-equity ratio of just 0.02, showcasing a strong balance sheet. Additionally, the firm has maintained a healthy return on capital employed (ROCE) of 16.05% and return on equity (ROE) of 12.76%. The stock has also shown resilience in its performance, with a significant return of 209.40% over the past three years, outperforming the broader market indices. Furthermore, institutional holdings stand at 27.45%, reflecting confidence from larger investors in the company's fundamentals. Overall, the recent evaluation adjustment for J Kumar Infraprojects underscores its solid financial foundation and market position. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.