MarketFriction

Jaro Institute of Technol. Mgt. and Research Ltd

NSE JARO · BSE 544534 · E-Learning
₹408.40 -2.79%
NSE close2026-10-01
52 week range383.50 - 890.00
Market cap₹938 Cr.
P/E16.6
IPO 2025 · -54% since Price band 20% Delivery 36.7%

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

Standalone, Rs crore
Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales617443746180607371
Expenses354545464754505256
Operating Profit2630-1281427102115
OPM %42%40%-2.8%38%23%33%17%29%21%
Other Income010100292
Interest011111000
Depreciation223222322
Profit before tax2427-525102392715
Tax %27%26%-27%26%27%27%25%22%24%
Net Profit1720-41881772111
EPS in Rs8.539.94-1.928.993.727.683.179.625.02
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales454379122199252274284
Expenses42386998136170201211
Operating Profit35102463837373
OPM %7%12%13%20%32%33%26%26%
Other Income8322421113
Interest23355542
Depreciation2115791010
Profit before tax8491655707075
Tax %28%31%26%27%26%26%25%
Net Profit5361241525357
EPS in Rs3.631.934.257.6626.9525.5323.8625.49
Dividend Payout %0%0%0%0%0%4%12%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%45%31%13%
Compounded Profit Growth%72%56%35%
Stock Price CAGR%%%%
Return on Equity%25%27%17%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital15151515152022
Reserves30334060102151339
Borrowings2623203425648
Other Liabilities9121854594161
Total Liabilities818493163202277429
Fixed Assets2212017169
CWIP0000000
Investments222216160070
Other Assets576176127184261349
Total Assets818493163202277429
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity223-17-2357
Cash from Investing Activity-18-847-4-112
Cash from Financing Activity-5-5-5-181473
Net Cash Flow-55-1012-1319
Free Cash Flow220-17-2857
CFO/OP43%22%44%-10%-21%83%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1141133521215218
Inventory Days
Days Payable
Cash Conversion Cycle1141133521215218
Working Capital Days1801699489150227295
ROCE %11%16%23%47%40%22%
Sep 2025Dec 2025Mar 2026Jun 2026
Promoters57.33%57.33%57.28%61.43%
FIIs2.89%1.94%0.78%0.75%
DIIs10.89%7.49%4.87%2.71%
Public28.89%33.23%37.06%33.33%
Others0.00%0.00%0.00%1.79%
No. of Shareholders1,14,32575,09069,09766,788

Fundamentals

Market Cap₹ 938 Cr.
Current Price₹ 422
Stock P/E16.6
Book Value₹ 163
ROCE22.1 %
ROE16.5 %
Dividend Yield1.19 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)35%
Standalone figures.
Valuation
Market capRs 614 Cr
Enterprise valueRs 635 Cr
P/E (TTM)11.61x
Price to book8.16x
Price to sales2.24x
EV / EBITDA7.63x
EV / EBIT8.65x
EV / sales2.32x
Price to cash flow220.96x
Earnings yield8.61%
Profitability
Operating margin (excl. other income)19.51%
Operating margin (incl. other income)21.52%
EBITDA margin30.38%
Pre-tax margin25.65%
Net profit margin19.32%
Net margin, latest quarter29.30%
ROE17.71%
ROCE22.67%
ROA9.00%
ROE, 3-year average12.09%
ROCE, 3-year average16.34%
ROA, 3-year average6.57%
ROIC (approx.)56.09%
Tax rate26.76%
Other income / net worth3.27%
Growth
Sales growth (latest year)54.80%
Profit growth (latest year)80.28%
Sales CAGR, 3 years39.33%
Profit CAGR, 3 years28.26%
Sales growth QoQ21.30%
Profit growth QoQ203.41%
Sales growth YoY (latest quarter)-1.79%
Profit growth YoY (latest quarter)17.26%
Per share
EPS (TTM)Rs 35.18
EPS (latest year)Rs 7.66
EPS (latest quarter)Rs 14.18
EPS, 3-year averageRs 4.61
Book value per shareRs 50.06
Sales per shareRs 182.09
Cash flow per shareRs 1.85
Free cash flow per shareRs 37.90
Efficiency
Asset turnover0.75x
Fixed asset turnover6.21x
Debtor days21 days
Debtors turnover17.65x
Cash conversion cycle18 days
Working capital days295 days
Leverage
Total debtRs 34 Cr
Cash and bankRs 13 Cr
Net debtRs 21 Cr
Debt to equity0.45x
Net debt / EBITDA0.25x
Interest coverage23.09x
Current ratio (filing 2026-03-31)10.08x
Quick ratio (filing 2026-03-31)10.08x
Trade payables (filing 2026-03-31)Rs 21 Cr
Owners' fund to total sources46.30%
Debt to assets20.77%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs -8 Cr
Cash from Financing Activity (latest year)Rs -5 Cr
Net Cash Flow (latest year)Rs -10 Cr
Free cash flow (latest year)Rs 57 Cr
FCFE (approx.: FCF + change in debt)Rs 71 Cr
Cash from ops / profit, 5 years0.13x
Sales to cash flow43.94x
Statement figures
Net sales (TTM)Rs 274 Cr
Net sales (latest year)Rs 122 Cr
Sales (latest quarter)Rs 73 Cr
Operating profit excl. other income (latest year)Rs 24 Cr
Operating profit (latest quarter)Rs 21 Cr
Other income (TTM)Rs 11 Cr
EBITDA (TTM)Rs 83 Cr
PBDT (TTM)Rs 80 Cr
Profit before tax (TTM)Rs 70 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 53 Cr
Net profit (latest year)Rs 12 Cr
Net profit (latest quarter)Rs 21 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 98 Cr
Total income (latest year)Rs 125 Cr
Share capitalRs 15 Cr
ReservesRs 60 Cr
Shareholders' fundsRs 75 Cr
Total assetsRs 163 Cr
Net blockRs 20 Cr
InvestmentsRs 16 Cr
ReceivablesRs 7 Cr
Other liabilitiesRs 54 Cr
Shares outstanding (crore)1.50
Ownership
Promoter holding61.43%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodJARONifty 50Difference
1 week-10.8%-2.8% -8.0 pts
1 month-9.9%-6.8% -3.1 pts
3 months-19.9%-7.6% -12.3 pts
6 months+5.4%+0.4% +5.0 pts

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was 35% of net profit over the last 3 years
lookRegulator order or action Regulator order or action 2026-09-29: Jaro Institute of Technology Management and Research Limited has informed the Exchange about Action(s) taken or orders passed
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.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-09-25Sanjay Namdeo SalunkhePromoter groupbuy10,000SAST Open Market
2026-09-21Sonjoy Nomdeo SdlunkhePromoter groupbuy1,648SAST Open Market
2026-09-16Sanjay Namdeo SalunkhePromoter groupbuy709SAST Open Market
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹71 Cr +16.4% vs Jun 2025. Net profit ₹11 Cr +37.5%.

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2026-07-21Dividend - Rs 3 Per Share
2026-01-16Interim Dividend - Rs 2 Per Share
DateTypeWhat it says
2026-09-29Regulatory actionAction(s) taken or orders passed
2026-08-14Monitoring Agency ReportReport of the Monitoring Agency for the quarter ended June 30, 2026.
2026-08-11General UpdatesInvestor Presentation on Unaudited Financial Result for quarter ended June 30, 2026.
2026-08-08Board meeting outcomeJaro Institute of Technology Management and Research Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-30Shareholder meetingVoting results.
2026-07-28Shareholder meetingProceedings of Annual General Meeting held on July 28, 2026
2026-07-08UpdatesThe letter enclosed herewith sent to shareholders under regulation 36(1)(b) of SEBI LODR.
2026-07-06Record DateRecord date for the purpose of Dividend & Meeting is 21-Jul-2026.
2026-07-06Shareholder meetingNotice of Annual General Meeting to be held on July 28, 2026
2026-07-04UpdatesConvening of 17th AGM on Tuesday, July 28, 2026 through VC/ OAVM and Record Date of July 21, 2026, for determining the entitlement of final dividend f...
2026-06-22Disclosure under SEBI TakeovBalkrishna Namdeo Salunkhe has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acqui...
2026-06-15Disclosure under SEBI TakeovSanjay Namdeo Salunkhe has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substa...
2026-05-22Disclosure under SEBI TakeovBalkrishna Namdeo Salunkhe has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (S...
2026-05-12General UpdatesInvestor Presentation on Audited Financial Result for quarter and year ended March 31, 2026.
2026-05-12Monitoring Agency ReportReport of the Monitoring Agency for the quarter ended March 31, 2026.
2026-05-07Board meeting outcomeOutcome of Board Meeting held on May 07, 2026.
2026-05-07UpdatesOutcome of the Board Meeting along with Auditors Report.
2026-05-07DividendBoard of Directors at its meeting held on May 07, 2026, recommended Final Dividend of Rs. 3 per equity share.
2026-05-07Board meeting outcomeJaro Institute of Technology Management and Research Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-02UpdatesApproved and allotment of 91,696 fully paid-up equity shares of Rs. 10/- each upon exercise of options granted under Jaro Education Employee Stock Opt...
2026-03-25UpdatesApproved and allotment of 2,352 fully paid-up equity shares of Rs. 10/- each upon exercise of options granted under Jaro Education Employee Stock Opti...
2026-02-24Shareholder meetingVoting results.
2026-02-11Monitoring Agency ReportReport of the Monitoring Agency for the quarter ended December 31, 2025
2026-02-06Concall / analyst meetCancellation of Analyst/ Investor Meet.
2026-02-04Concall / analyst meetSchedule of meet
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.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Jaro Institute of Technol. Mgt. and Research Ltd?

Jaro Institute of Technol. Mgt. and Research Ltd (JARO) has a market capitalisation of Rs 938 Cr. at the 2026-10-01 close.

What is the P/E ratio of Jaro Institute of Technol. Mgt. and Research Ltd?

Jaro Institute of Technol. Mgt. and Research Ltd trades at a P/E of 16.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Jaro Institute of Technol. Mgt. and Research Ltd's latest quarterly results?

In the Jun 2026 quarter, Jaro Institute of Technol. Mgt. and Research Ltd sales was Rs 71 Cr (+16.4% vs Jun 2025) and net profit was Rs 11 Cr.

What is the 52-week high and low of Jaro Institute of Technol. Mgt. and Research Ltd?

The 52-week high is Rs 890.00 and the 52-week low is Rs 383.50.

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