MarketFriction

Jaykay Enterprises Ltd

NSE JAYKAY · BSE 500306 · Aerospace & Defense
₹201.46 -1.69%
NSE close2026-10-01
52 week range106.96 - 219.35
Market cap₹3,095 Cr.
P/E75.9
ASM short-term Price band 20% Delivery 44.4%

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
Sales8.147.5430.0317.1430.8121.7310.9655.4563.0759.9761.1674.57
Expenses5.657.1430.1315.8129.4220.3515.7348.5752.0447.9467.2063.95
Operating Profit2.490.40-0.101.331.391.38-4.776.8811.0312.03-6.0410.62
OPM %30.59%5.31%-0.33%7.76%4.51%6.35%-43.52%12.41%17.49%20.06%-9.88%14.24%
Other Income2.372.807.626.422.573.765.6921.975.751.86190.763.24
Interest1.341.481.211.701.800.991.591.282.071.182.271.45
Depreciation1.031.000.011.021.061.141.453.934.063.973.555.12
Profit before tax2.490.726.305.031.103.01-2.1223.6410.658.74178.907.29
Tax %-30.52%1.39%22.38%0.00%53.64%-79.07%108.02%14.59%17.65%22.54%-0.51%38.13%
Net Profit3.240.724.895.030.515.39-4.4220.208.776.78179.824.51
EPS in Rs0.190.040.380.340.030.38-0.271.430.560.4413.060.29
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales00000011475381240259
Expenses44566512454981216231
Operating Profit-4-4-5-5-6-5-123-02428
OPM %-1,323%-1,390%-1,587%-1,716%-1,774%-1,577%-12%4.3%6%-0.6%10%11%
Other Income1266853120121418220202
Interest000000014677
Depreciation00000002351517
Profit before tax8213-1261811107222206
Tax %3%18%19%8%0%0%4%25%6%-1%3%
Net Profit7213-126188107216200
EPS in Rs0.860.200.130.30-0.062.581.540.580.630.5015.4114.35
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth95%278%72%118%
Compounded Profit Growth11%17%122%85%
Stock Price CAGR57%44%75%-1%
Return on Equity3%3%2%4%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4444445561213
Reserves688485645595113141173447677
Borrowings000000626633739
Other Liabilities22324493356111105
Total Liabilities7390927063103132205298607834
Fixed Assets11111610319810594
CWIP0000007172860
Investments33484930244054625982313
Other Assets40414239385860112135393366
Total Assets7390927063103132205298607834
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-11-4-051-2-25-32-043
Cash from Investing Activity760-613-22-3-27-104-35
Cash from Financing Activity0-000993262110-4
Net Cash Flow-420-123-155354
Free Cash Flow-11-4-05-4-14-39-104-499
CFO/OP278%94%-3%-93%-14%158%-1,160%-875%-47%236%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days000000223413344529145
Inventory Days1312214290901
Days Payable88221129314681
Cash Conversion Cycle000000148204429505365
Working Capital Days14,60020,37919,23615,4834,3566,440-17104281475164
ROCE %2%1%4%-1%12%17%3%2%1%5%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters56.28%56.28%56.28%60.58%60.58%62.31%62.89%65.19%65.19%65.19%65.19%66.01%
FIIs0.15%0.18%0.18%0.15%0.15%0.13%0.15%0.13%0.13%0.18%0.17%0.27%
DIIs2.33%2.33%2.33%0.21%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public41.23%41.20%41.21%39.07%39.27%37.55%36.95%34.67%34.68%34.63%34.64%33.71%
No. of Shareholders77,41177,37877,72080,76981,04080,54682,13285,57986,42085,73886,70389,445

Fundamentals

Market Cap₹ 3,095 Cr.
Current Price₹ 205
Stock P/E75.9
Book Value₹ 45.7
ROCE4.76 %
ROE3.56 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)118%
Compounded Profit Growth (TTM)85%
Consolidated figures.
Valuation
Market capRs 2,625 Cr
Enterprise valueRs 2,615 Cr
P/E (TTM)12.12x
Price to book3.81x
Price to sales10.14x
EV / EBITDA11.41x
EV / EBIT12.30x
EV / sales10.10x
Price to cash flow60.87x
Earnings yield8.25%
P/E, 3-year average83.38x
P/B, 3-year average2.39x
P/E, 5-year average55.23x
P/B, 5-year average1.86x
Profitability
Operating margin (excl. other income)9.97%
Operating margin (incl. other income)101.92%
EBITDA margin88.59%
Pre-tax margin79.45%
Net profit margin83.72%
Net margin, latest quarter5.91%
ROE40.50%
ROCE37.35%
ROA32.28%
ROE, 3-year average15.99%
ROCE, 3-year average16.00%
ROA, 3-year average12.42%
ROE, 5-year average13.82%
ROCE, 5-year average14.56%
ROA, 5-year average11.19%
ROIC (approx.)30.39%
Tax rate2.84%
Other income / net worth31.95%
Growth
Sales growth (latest year)197.19%
Profit growth (latest year)3212.54%
Sales CAGR, 3 years72.17%
Sales CAGR, 5 years278.13%
Profit CAGR, 3 years220.25%
Profit CAGR, 5 years54.97%
Sales growth QoQ21.93%
Profit growth QoQ-97.76%
Sales growth YoY (latest quarter)34.48%
Profit growth YoY (latest quarter)-78.19%
Per share
EPS (TTM)Rs 16.63
EPS (latest year)Rs 17.85
EPS (latest quarter)Rs 0.34
EPS, 3-year averageRs 6.63
EPS, 5-year averageRs 4.96
Book value per shareRs 52.93
Sales per shareRs 19.86
Cash flow per shareRs 3.31
Free cash flow per shareRs 0.69
Efficiency
Asset turnover0.29x
Fixed asset turnover2.56x
Inventory turnover0.73x
Inventory days497 days
Debtor days145 days
Debtors turnover2.52x
Creditor days681 days
Cash conversion cycle365 days
Working capital days164 days
Leverage
Total debtRs 39 Cr
Cash and bankRs 49 Cr
Net debtRs -10 Cr
Debt to equity0.06x
Net debt / EBITDA-0.04x
Interest coverage30.50x
Current ratio (filing 2026-03-31)3.51x
Quick ratio (filing 2026-03-31)2.92x
Trade payables (filing 2026-03-31)Rs 32 Cr
Owners' fund to total sources82.73%
Debt to assets4.69%
Cash flow
Cash from Operating Activity (latest year)Rs 43 Cr
Cash from Investing Activity (latest year)Rs -35 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs 9 Cr
FCFE (approx.: FCF + change in debt)Rs 11 Cr
Cash from ops / profit, 5 years-0.06x
Sales to cash flow5.56x
Statement figures
Net sales (TTM)Rs 259 Cr
Net sales (latest year)Rs 240 Cr
Sales (latest quarter)Rs 75 Cr
Operating profit excl. other income (latest year)Rs 24 Cr
Operating profit (latest quarter)Rs 11 Cr
Other income (TTM)Rs 202 Cr
EBITDA (TTM)Rs 229 Cr
PBDT (TTM)Rs 222 Cr
Profit before tax (TTM)Rs 206 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 217 Cr
Net profit (latest year)Rs 233 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 31 Cr
Total expenditure (latest year)Rs 216 Cr
Total income (latest year)Rs 460 Cr
Share capitalRs 13 Cr
ReservesRs 677 Cr
Shareholders' fundsRs 690 Cr
Total assetsRs 834 Cr
Net blockRs 94 Cr
Capital work in progressRs 60 Cr
InvestmentsRs 313 Cr
ReceivablesRs 95 Cr
InventoryRs 42 Cr
Other liabilitiesRs 105 Cr
Shares outstanding (crore)13.03
Ownership
Promoter holding66.01% (+0.82 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 12.1 is at the 14th percentile of its own 8.4-year range (median 32.8, low 7.5, high 287.5).
P/B 3.81 is at the 65th percentile (median 3.29).
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.
PeriodJAYKAYNifty 50Difference
1 week-0.5%-2.8% +2.3 pts
1 month+24.4%-6.8% +31.2 pts
3 months+12.7%-7.6% +20.4 pts
6 months+70.3%+0.4% +69.9 pts
3 years+428.5%+14.2% +414.3 pts
5 years+485.1%+27.9% +457.2 pts

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was 4% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 23% of total assets in 2026
lookProfit leans on other income Other income was 99% of pre-tax profit in 2026
lookOn NSE surveillance On NSE surveillance: ASM short-term
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 ₹75 Cr +34.5% vs Jun 2025. Net profit ₹5 Cr -77.7%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-28Rights 3:19 @ Premium Rs 74/-
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of Annual General Meeting held on September 29, 2026
2026-09-23AllotmentAllotment of 2,05,71,642 Partly Paid Equity Shares pursuant to Rights Issue at its meeting held on September 23, 2026
2026-09-23UpdatesUpdate on the ongoing Rights Issue.
2026-09-18General UpdatesDisclosure under Regulation 30 of SEBI Listing Regulations, 2015 for receipt of AS9100D and ISO 9001:2015 Certifications by Jaykay Enterprises Limited
2026-09-07General UpdatesLetter to Shareholders pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-08-25Order winReceipt of Order from BrahMos Aerospace Private Limited by Allen Reinforced Plastics Limited, step-down subsidiary of Jaykay Enterprises Limited
2026-08-25UpdatesLetter Of Offer for the proposed Rights Issue of Partly Paid-up Equity Shares of Jaykay Enterprises Limited.
2026-08-25UpdatesIntimation of receipt of New ISINs for Partly Paid-up Equity Shares having paid-up value of Re. 0.50/- per share and Rights Entitlement of Jaykay Ente...
2026-08-20Record DateRecord date for the purpose of RH is 28-Aug-2026.
2026-08-20UpdatesOutcome of the meeting of the Rights Issue Committee of the Board of Directors of the Company.
2026-08-18UpdatesIntimation of Rights Issue Committee Meeting for deciding Issue Price and other terms of the Rights Issue .
2026-08-14Monitoring Agency ReportMonitoring Agency Report for the quarter ended June 30, 2026
2026-08-14Press ReleaseA press release dated August 14, 2026
2026-08-14Director changeChange in Director(s) of the company.
2026-08-14Board meeting outcomeJaykay Enterprises Limited has submitted to the Exchange, the unaudited financial results for the quarter ended June 30, 2026.
2026-08-11General UpdatesReceipt of AS9100:D and ISO 9001:2015 Certifications by Allen Reinforced Plastics Limited, step-down subsidiary of Jaykay Enterprises Limited
2026-07-20Giving guarantees/indemnity/Of a revised submission under Regulation 30 regarding the Enhancement of Corporate Guarantee. The earlier submission dated July 20, 2026, was filed wi...
2026-07-20Giving guarantees/indemnity/Enhancement of Corporate Guarantee
2026-07-17UpdatesUpdate on the meeting of the Rights Issue Committee of Jaykay Enterprises Limited.
2026-07-14UpdatesDraft Letter of Offer for the Rights Issue of Jaykay Enterprises Limited.
2026-07-14UpdatesPrior intimation of Meeting of the Rights Issue Committee of Jaykay Enterprises Limited .
2026-07-13Rights IssueThe Board of Directors at its meeting held on July 13, 2026, has considered and approved the Rights Issue of Partly paid-up Equity Shares of the Compa...
2026-06-23Disclosure under SEBI TakeovAbhishek Singhania has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantia...
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.
Short Term Additional Surveillance Measure (Short Term ASM): stage 1
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03