MarketFriction

Jai Corp Ltd

NSE JAICORPLTD · BSE 512237 · Plastic Products - Industrial
₹89.54 -2.34%
NSE close2026-10-01
52 week range88.00 - 173.40
Market cap₹1,611 Cr.
P/E17.1
Price band 20% Delivery 42.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales118107123121135126135131146116121158
Expenses10595107107119114125123129103105134
Operating Profit13121614161210817131624
OPM %11%11%13%11%12%10%8%6%12%11%13%15%
Other Income67177871910420131417
Interest000000000000
Depreciation333333333333
Profit before tax1616301822162710934232738
Tax %27%26%21%23%21%23%13%4%21%24%23%26%
Net Profit1212231417122310427172128
EPS in Rs0.650.671.310.770.980.711.325.941.521.001.181.61
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales669695588636527472720594463518514541
Expenses581616525565481423665551415465459471
Operating Profit887963714548554448535670
OPM %13%11%11%11%9%10%8%7%10%10%11%13%
Other Income182126-1233511227-26364114964
Interest837852342516400000
Depreciation181718181514131312111212
Profit before tax5518-104401306657282193122
Tax %366%465%106%4%17%29%20%383%27%19%12%
Net Profit-14-18-1-108349353-14526616993
EPS in Rs-0.79-1.02-0.11-6.061.885.192.95-0.762.943.799.645.31
Dividend Payout %-63%-49%-470%-8%27%10%17%-66%17%13%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-3%2%-5%2%
Compounded Profit Growth36%39%44%-40%
Stock Price CAGR3%-7%-25%-35%
Return on Equity2%2%6%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital181818181818181818181818
Reserves2,2531,1571,2181,1041,0161,0481,1391,1971,1781,2331,1521,238
Borrowings27904923622580470330236239236236236
Other Liabilities6210997977359546253494452
Total Liabilities2,3612,1882,2561,8401,6871,5941,5411,5121,4881,5351,4491,544
Fixed Assets206183275274279256230224225213201209
CWIP61062066101100
Investments1,1631,2081,269838814748699722805882810860
Other Assets986787706708587585611567458440439475
Total Assets2,3612,1882,2561,8401,6871,5941,5411,5121,4881,5351,4491,544
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity797186487161-59172414514
Cash from Investing Activity5915-475152741704-60-3011185
Cash from Financing Activity-149-96-39-559-78-135-158-98-17-11-155-97
Net Cash Flow-11-10-14-507-3-5-012
Free Cash Flow6569734267561059970516016
CFO/OP123%123%150%132%141%176%39%186%203%126%114%70%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days454141493848473332393933
Inventory Days169222171220193206293156182243208252
Days Payable132148746548316
Cash Conversion Cycle201242207261225249334184211275244269
Working Capital Days330288-23030816262252188195241216233
ROCE %4%4%4%3%4%3%4%4%3%4%4%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.80%73.80%73.80%73.80%73.79%73.91%73.91%73.91%73.91%73.91%73.91%73.91%
FIIs0.92%1.44%1.73%1.68%1.61%1.61%1.40%0.79%0.91%0.71%0.80%1.49%
DIIs1.66%1.65%1.63%1.64%1.60%1.63%1.64%1.65%1.57%1.57%1.57%1.24%
Public23.64%23.13%22.85%22.90%22.99%22.84%23.04%23.65%23.59%23.81%23.71%23.34%
No. of Shareholders83,11383,49382,99882,52587,65587,0341,01,4271,02,0131,08,9721,05,5541,02,89999,811

Fundamentals

Market Cap₹ 1,611 Cr.
Current Price₹ 91.8
Stock P/E17.1
Book Value₹ 71.6
ROCE11.8 %
ROE12.0 %
Dividend Yield0.54 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)-40%
Consolidated figures.
Valuation
Market capRs 1,572 Cr
Enterprise valueRs 1,796 Cr
P/E (TTM)16.86x
Price to book1.25x
Price to sales2.91x
EV / EBITDA13.38x
EV / EBIT14.70x
EV / sales3.32x
Price to cash flow115.98x
Earnings yield5.93%
P/E, 3-year average43.01x
P/B, 3-year average2.21x
P/E, 5-year average41.53x
P/B, 5-year average2.06x
Profitability
Operating margin (excl. other income)10.83%
Operating margin (incl. other income)39.82%
EBITDA margin24.82%
Pre-tax margin22.55%
Net profit margin17.24%
Net margin, latest quarter17.90%
ROE13.96%
ROCE13.33%
ROA11.31%
ROE, 3-year average7.92%
ROCE, 3-year average7.99%
ROA, 3-year average6.41%
ROE, 5-year average5.41%
ROCE, 5-year average5.81%
ROA, 5-year average4.36%
ROIC (approx.)7.24%
Tax rate12.25%
Other income / net worth11.87%
Growth
Sales growth (latest year)-0.65%
Profit growth (latest year)154.37%
Sales CAGR, 3 years-4.70%
Sales CAGR, 5 years1.75%
Profit CAGR, 5 years12.82%
Sales growth QoQ30.64%
Profit growth QoQ36.02%
Sales growth YoY (latest quarter)20.06%
Profit growth YoY (latest quarter)-72.95%
Per share
EPS (TTM)Rs 5.31
EPS (latest year)Rs 9.64
EPS (latest quarter)Rs 1.61
EPS, 3-year averageRs 5.46
EPS, 5-year averageRs 3.71
Book value per shareRs 71.55
Sales per shareRs 30.81
Cash flow per shareRs 0.77
Free cash flow per shareRs 0.91
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 3-year average15.09%
Dividend payout, 5-year average15.72%
Efficiency
Asset turnover0.33x
Fixed asset turnover2.47x
Inventory turnover1.62x
Inventory days225 days
Debtor days33 days
Debtors turnover11.09x
Creditor days16 days
Cash conversion cycle269 days
Working capital days233 days
Leverage
Total debtRs 236 Cr
Cash and bankRs 12 Cr
Net debtRs 224 Cr
Debt to equity0.19x
Net debt / EBITDA1.67x
Interest coverage610.60x
Current ratio (filing 2026-03-31)26.73x
Quick ratio (filing 2026-03-31)19.44x
Trade payables (filing 2026-03-31)Rs 15 Cr
Owners' fund to total sources81.33%
Debt to assets15.30%
Cash flow
Cash from Operating Activity (latest year)Rs 14 Cr
Cash from Investing Activity (latest year)Rs 85 Cr
Cash from Financing Activity (latest year)Rs -97 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 16 Cr
FCFE (approx.: FCF + change in debt)Rs 16 Cr
Cash from ops / profit, 5 years0.81x
Sales to cash flow37.96x
Statement figures
Net sales (TTM)Rs 541 Cr
Net sales (latest year)Rs 514 Cr
Sales (latest quarter)Rs 158 Cr
Operating profit excl. other income (latest year)Rs 56 Cr
Operating profit (latest quarter)Rs 24 Cr
Other income (TTM)Rs 64 Cr
EBITDA (TTM)Rs 134 Cr
PBDT (TTM)Rs 134 Cr
Profit before tax (TTM)Rs 122 Cr
Tax (latest year)Rs 24 Cr
Net profit (TTM)Rs 93 Cr
Net profit (latest year)Rs 169 Cr
Net profit (latest quarter)Rs 28 Cr
Depreciation (TTM)Rs 12 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 390 Cr
Total expenditure (latest year)Rs 459 Cr
Total income (latest year)Rs 663 Cr
Share capitalRs 18 Cr
ReservesRs 1,238 Cr
Shareholders' fundsRs 1,256 Cr
Total assetsRs 1,544 Cr
Net blockRs 209 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 860 Cr
ReceivablesRs 46 Cr
InventoryRs 241 Cr
Other liabilitiesRs 52 Cr
Shares outstanding (crore)17.55
Ownership
Promoter holding73.91% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 16.9 is at the 17th percentile of its own 5.4-year range (median 30.0, low 9.1, high 127.7).
P/B 1.25 is at the 6th percentile (median 1.81).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodJAICORPLTDNifty 50Difference
1 week-5.2%-2.8% -2.4 pts
1 month-9.0%-6.8% -2.2 pts
3 months-23.2%-7.6% -15.6 pts
6 months+0.9%+0.4% +0.5 pts
1 year-39.5%-9.9% -29.6 pts
2 years-77.7%-13.6% -64.1 pts
3 years-58.2%+14.2% -72.4 pts
5 years-30.5%+27.9% -58.3 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was 35% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 10% of total assets in 2026
lookProfit leans on other income Other income was 77% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹158 Cr +20.6% vs Jun 2025. Net profit ₹28 Cr -73.1%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-21Dividend - Re 0.50 Per Share
2025-09-19Dividend - Rs 0.50 Per Share
2025-08-01Special Dividend - Rs 5 Per Share
2024-09-10Buy Back
2024-08-27Annual General Meeting/Dividend - Re 0.5 Per Share
2023-09-04Annual General Meeting/Dividend - Re 0.50 Per Share
2022-10-20Dividend - Rs 0.50 Per Share
2021-11-12 Annual General Meeting/Dividend - Rs 0.50 Per Share
2020-12-18 Dividend - Rs 0.50 Per Share
2019-09-20 Dividend - Rs 0.50 Per Share
2018-09-17 Annual General Meeting/Dividend Re 0.50 Per Share
2017-09-04 Annual General Meeting/Dividend - Re 0.50 Per Share
2016-09-12 Annual General Meeting/Dividend Re 0.50 Per Share
2015-09-15 Annual General Meeting/ Dividend - Re 0.50/- Per Share
2014-09-08Annual General Meeting/Dividend Re. 0.50 Per Equity Share
2013-09-06Annual General Meeting/Dividend Re. 0.50 Per Equity Share
2012-09-14Annual General Meeting/Dividend Re 0.50 Per Share
2011-09-09Annual General Meeting And Dividend Re.0.50 Per Share
2010-08-13Annual General Meeting And Dividend Re.0.50 Per Share
2009-09-11Agm/Div-Re.0.50 Per Sharebc End Date Revised
2008-08-21Agm/Dividend - 100%
2007-10-05Fv Spl-Rs10tore1/Bon-1:10.1000
2007-08-13Agm
2006-08-04Agm
DateTypeWhat it says
2026-09-29Shareholder meetingJai Corp Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 28, 2026
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-09-04General UpdatesNewspaper advertisement of notice of AGM, book closure for physical shareholders and evoting
2026-09-03Clarification - Financial ReThe Exchange has sought clarification from Jai Corp Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Oblig...
2026-09-01Registrar & Share Transfer ARegistrar & Share Transfer Agent Update
2026-08-29Registrar & Share Transfer ARegistrar & Share Transfer Agent Update
2026-08-28General UpdatesGeneral Updates BRSR Report for 2025-26.
2026-08-28Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-08-24Record DateRecord date for the purpose of Dividend & evoting at the Meeting is 21-Sep-2026.
2026-08-24Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-08-19UpdatesSpecial window for transfer and dematerialisation of physical securities.
2026-08-13Board meeting outcomeJai Corp Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-11Disruption of Operations- commencement of full operations by the affected unit.
2026-07-30Disruption of OperationsDisruption of Operations - partial restart
2026-07-27General UpdatesNotice Of Transfer Of Shares To IEPF
2026-07-24Registrar & Share Transfer ARegistrar & Share Transfer Agent Update
2026-07-23Disruption of OperationsDisruption of Operations
2026-06-17UpdatesNotice regarding special window for transfer and dematerialisation of physical securities..
2026-06-16Disclosure under SEBI TakeovJai Corp Limited  has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial...
2026-05-30Integrated Filing- FinancialAudited Financial Results 31.03.2026
2026-05-30DividendBoard of Directors at its meeting held on May 30, 2026, recommended Final Dividend of Rs. 0.50 per equity share.
2026-05-30Board meeting outcomeJai Corp Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-16UpdatesSpecial Window For Transfer And Dematerialisation Of Physical Securities.
2026-04-06Disclosure under SEBI TakeovJai Corp Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial ...
2026-04-01UpdatesDisclosure- Large Corproate.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-09-10NCLTJai Corp Ltd Vs Perfect Polytech Pvt Ltd
2020-07-24NCLTJai Corp Ltd Vs Perfect Polytech Pvt Ltd
2020-06-18NCLTJai Corp Ltd Vs Perfect Polytech Pvt Ltd
2020-03-13NCLATDivyesh Nanjibhai Rangani VS Jai Corp Ltd. & Ors.
2020-02-19NCLATDivyesh Nanjibhai Rangani VS Jai Corp Ltd. & Ors.
2020-02-17NCLATDivyesh Nanjibhai Rangani VS Jai Corp Ltd. & Ors.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Jai Corp Ltd?

Jai Corp Ltd (JAICORPLTD) has a market capitalisation of Rs 1,611 Cr. at the 2026-10-01 close.

What is the P/E ratio of Jai Corp Ltd?

Jai Corp Ltd trades at a P/E of 17.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Jai Corp Ltd's latest quarterly results?

In the Jun 2026 quarter, Jai Corp Ltd sales was Rs 158 Cr (+20.6% vs Jun 2025) and net profit was Rs 28 Cr.

What is the 52-week high and low of Jai Corp Ltd?

The 52-week high is Rs 173.40 and the 52-week low is Rs 88.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03