Rs 3,300 Crore Order Book: Engineering Company Secures Rs 1,300 Crore Order From JSW Group Company
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John Cockerill India has won a Rs 1,250–1,300 crore contract from JSW Vijayanagar Metallics for executing key CRNO process lines, including annealing and pickling facilities, to be completed within 36 months from May 2026.
✨ Key Takeaways
On Wednesday, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 1.06 per cent to 23,233.90. Despite the weakness in broader markets this week, shares of John Cockerill India remained in focus and traded at Rs 7,869.70, up 3.63 per cent from the previous close. The stock gained after the company announced that it had secured an aggregate contract valued at approximately Rs 1,250–1,300 crore from JSW Vijayanagar Metallics Limited for a Cold Rolled Non-Oriented (CRNO) steel project.
John Cockerill India Wins Major JSW Contract
John Cockerill India Limited (JCIL) informed the exchanges that it has secured a contract worth approximately Rs 1,250–1,300 crore from JSW Vijayanagar Metallics Limited. The order relates to the execution of critical process lines for the customer's CRNO steel project.
The contract has been awarded jointly to JCIL and its wholly owned subsidiary, John Cockerill Metal International SA (JCMI), in accordance with the terms specified in the Letter of Intent issued by the customer.
Scope Includes Annealing And Coating Lines
Under the scope of work, the consortium will undertake the design, engineering, supply, supervision of erection, and commissioning of two Annealing and Coating Lines (ACL 1 and ACL 2) and one Annealing and Pickling Line (APL).
Of the total contract value, approximately Rs 550 crore is attributable to John Cockerill India. The share allocated to JCMI is estimated at €30–35 million. In addition, around Rs 400 crore relates to the consortium portion involving the furnace supplier group participating in the project.
Order To Be Executed Over 36 Months
The company stated that the order has been awarded by a domestic entity and is scheduled for execution within 36 months from May 2026.
John Cockerill India further clarified that neither the promoter, promoter group, nor group companies have any interest in the awarding entity. The company also confirmed that the transaction does not fall under the category of a related party transaction.
The order adds to the company's existing order book and covers critical process infrastructure required for CRNO steel production.
John Cockerill India Stock Performance
As of June 3, 2026, at around 10:20 AM, John Cockerill India shares were trading at Rs 7,879.95, up 3.76 per cent from the previous closing price of Rs 7,594.40.
The stock has delivered returns of 98.35 per cent over one year, 108.69 per cent over two years, and 260.51 per cent over three years. During the past 52 weeks, the stock has touched a high of Rs 7,556.90 and a low of Rs 3,209.60.
According to the latest available shareholding data, foreign institutional investors held 0.02 per cent stake in the company, while domestic institutional investors held no stake.
About John Cockerill India
John Cockerill India Ltd operates in the engineering and industrial solutions sector and undertakes specialised projects for the metals industry. The company executes assignments involving design, engineering, supply, erection supervision, and commissioning of advanced process lines.
The company operates both independently and through its wholly owned subsidiary, John Cockerill Metal International SA, serving customers across domestic and international markets in the metals and industrial manufacturing sectors.
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Disclaimer: The article is for informational purposes only and not investment advice.