MarketFriction

Jindal Photo Ltd

NSE JINDALPHOT · BSE 532624 · Investment Company
₹1,031.80 -0.84%
NSE close2026-10-01
52 week range971.10 - 1,616.60
Market cap₹1,071 Cr.
Price band 20% Delivery 79.3%

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
Sales00191101111108
Expenses00000000011650
Operating Profit00191100011-116-48
OPM %69%79%100%84%90%73%83%83%99%-18,053%-933%98%
Other Income4690814812526305341006
Interest003111111111
Depreciation000000000000
Profit before tax4690964712525295250-117-613
Tax %0%0%0%0%0%0%-1%0%5%0%1%1%
Net Profit4690964712525295247-117-613
EPS in Rs44.4987.4393.3546.04121.0623.8928.3750.8546.06-113.53-5.5012.70
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,41200100082021320
Expenses1,18850110000027121
Operating Profit223-5-0-0-0-0-07202-15-101
OPM %16%-10%-308%-24%-167%94%98%84%-115%-506%
Other Income135-0200638164250229047
Interest75010445564555
Depreciation16900000000000
Profit before tax-684-0-1-2-5-5632166266226-20-59
Tax %-43%400%7%26%-28%-9%-0%-1%0%-0%14%
Net Profit-355-0-2-3-3-4634167266226-23-62
EPS in Rs-205.00-0.04-2.33-2.83-3.30-4.33615.25162.29257.82219.36-22.13-60.27
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-38%103%17%744%
Compounded Profit Growth7%%%-127%
Stock Price CAGR30%53%25%-5%
Return on Equity%17%10%-2%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010101010101010101010
Reserves125-862251914151,8141,9822,2509581,011
Borrowings5,3965,84366664853576368555965
Other Liabilities1,6831,965202024222321191920157
Total Liabilities7,2147,732118101102991051,9082,0802,3351,0481,243
Fixed Assets6,7296,7855544444444
CWIP19180000000000
Investments589255394037421,8462,0192,2739871,181
Other Assets40983658585758595858585858
Total Assets7,2147,732118101102991051,9082,0802,3351,0481,243
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity639-258-40-1-0-0-0-1-007
Cash from Investing Activity-1,053-348-121-0102-100-0-7
Cash from Financing Activity520600-3000000000
Net Cash Flow107-6-1290-001-2-00-00
Free Cash Flow-477-476-40-0-0-0-0-1-007
CFO/OP-44,163%-115%76%-47%743%90%67%97%-7%-2%5%-69%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2642300000000
Inventory Days2,15359
Days Payable12,202238
Cash Conversion Cycle-9,786-15700000000
Working Capital Days-22,569-23317,35991,16632,10066,2271,5165884,832944
ROCE %-0%1%0%0%-0%-0%-0%65%9%12%14%-1%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.20%74.20%74.20%74.20%74.20%74.20%74.20%74.20%74.20%74.20%74.20%74.20%
FIIs0.00%0.00%0.00%0.02%0.00%0.00%0.00%0.02%0.00%0.00%0.01%0.00%
DIIs0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public25.79%25.77%25.78%25.75%25.78%25.77%25.78%25.76%25.76%25.78%25.77%25.78%
No. of Shareholders15,90717,47117,44017,47618,34120,36320,78317,61916,77016,66416,50616,491

Fundamentals

Market Cap₹ 1,071 Cr.
Current Price₹ 1,043
Book Value₹ 992
ROCE-1.38 %
ROE-2.29 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)744%
Compounded Profit Growth (TTM)-127%
Consolidated figures.
Valuation
Market capRs 1,058 Cr
Enterprise valueRs 1,123 Cr
Price to book1.04x
Price to sales52.90x
EV / sales56.13x
Price to cash flow142.07x
Earnings yield-5.87%
P/E, 3-year average2.52x
P/B, 3-year average0.64x
P/E, 5-year average1.78x
P/B, 5-year average0.44x
Profitability
Operating margin (excl. other income)-115.38%
Operating margin (incl. other income)-115.38%
EBITDA margin-270.41%
Pre-tax margin-295.90%
Net profit margin-310.24%
Net margin, latest quarter164.12%
ROE-2.29%
ROCE-1.38%
ROA-1.99%
ROE, 3-year average8.06%
ROCE, 3-year average8.25%
ROA, 3-year average7.80%
ROE, 5-year average20.29%
ROCE, 5-year average19.64%
ROA, 5-year average18.95%
ROIC (approx.)-5.69%
Tax rate-14.19%
Growth
Sales growth (latest year)410.53%
Profit growth (latest year)-110.09%
Sales CAGR, 3 years17.02%
Sales CAGR, 5 years102.54%
Sales growth QoQ1632.61%
Sales growth YoY (latest quarter)1375.93%
Profit growth YoY (latest quarter)-75.03%
Per share
EPS (TTM)Rs -60.52
EPS (latest year)Rs -22.22
EPS (latest quarter)Rs 12.75
EPS, 3-year averageRs 152.30
EPS, 5-year averageRs 247.52
Book value per shareRs 995.55
Sales per shareRs 19.51
Cash flow per shareRs 7.26
Free cash flow per shareRs 6.82
Efficiency
Asset turnover0.01x
Fixed asset turnover3.47x
Creditor days238 days
Cash conversion cycle0 days
Working capital days944 days
Leverage
Total debtRs 65 Cr
Cash and bankRs 0 Cr
Net debtRs 65 Cr
Debt to equity0.06x
Interest coverage-10.72x
Owners' fund to total sources82.18%
Debt to assets5.21%
Cash flow
Cash from Operating Activity (latest year)Rs 7 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 7 Cr
FCFE (approx.: FCF + change in debt)Rs 12 Cr
Cash from ops / profit, 5 years0.00x
Sales to cash flow1.69x
Statement figures
Net sales (TTM)Rs 20 Cr
Net sales (latest year)Rs 13 Cr
Sales (latest quarter)Rs 8 Cr
Operating profit excl. other income (latest year)Rs -15 Cr
Operating profit (latest quarter)Rs 8 Cr
Other income (TTM)Rs 47 Cr
EBITDA (TTM)Rs -54 Cr
PBDT (TTM)Rs -59 Cr
Profit before tax (TTM)Rs -59 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs -62 Cr
Net profit (latest year)Rs -23 Cr
Net profit (latest quarter)Rs 13 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 27 Cr
Total income (latest year)Rs 13 Cr
Share capitalRs 10 Cr
ReservesRs 1,011 Cr
Shareholders' fundsRs 1,021 Cr
Total assetsRs 1,243 Cr
Net blockRs 4 Cr
InvestmentsRs 1,181 Cr
Other liabilitiesRs 157 Cr
Shares outstanding (crore)1.03
Ownership
Promoter holding74.20% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 1.04 is at the 50th percentile (median 1.04).
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.
PeriodJINDALPHOTNifty 50Difference
1 week-3.0%-2.8% -0.2 pts
1 month+2.0%-6.8% +8.7 pts
3 months-12.0%-7.6% -4.4 pts
6 months+5.1%+0.4% +4.7 pts
1 year-8.3%-9.9% +1.6 pts
2 years+25.5%-13.6% +39.1 pts
3 years+91.6%+14.2% +77.4 pts
5 years+679.9%+27.9% +652.0 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was 2% of net profit over the last 3 years
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 ₹8 Cr +700.0% vs Jun 2025. Net profit ₹13 Cr -75.0%.
Against our estimate for Jun 2026: sales +1233.3%, profit +407.1% in line. Our estimate for Sep 2026: sales Rs 18 Cr, profit Rs 29 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-20Annual General Meeting
2022-09-21Annual General Meeting
2021-09-21 Annual General Meeting
2020-09-21 Annual General Meeting
2019-09-23 Annual General Meeting
2018-09-21 Annual General Meeting
2017-09-21 Annual General Meeting
2016-09-26 Annual General Meeting
2016-05-12 Scheme Of Arrangement
2015-09-23 Annual General Meeting
2014-09-12Annual General Meeting
2013-09-19Annual General Meeting
2012-09-21Annual General Meeting/Dividend Re 1 Per Share
2011-09-20Dividend-Re.1/- Per Share
2010-09-22Dividend-Re.1/- Per Share
2009-09-22Dividend-Re.1/- Per Share
2008-09-17Agm/Dividend - 10%
2007-09-12Agm/Final Dividend-10% Purpose Revised
2006-09-13Agm/Final Dividend-10% Purpose Revised
DateTypeWhat it says
2026-09-30Shareholder meetingVoting results.
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-09-21Extension of Annual General Extension of Annual General Meeting.Intimation regarding adjournment of the 23rd Annual General Meeting for want of quorum.
2026-09-09ResignationResignation of Director/KMP/SMP
2026-08-19Shareholder meetingShareholders meeting
2026-08-13General UpdatesGeneral Updates
2026-08-13Record DateRecord date for the purpose of Meeting is 14-Sep-2026.
2026-08-13Board meeting outcomeFor the quarter ended June 30, 2026
2026-08-04AppointmentAppointment of MK Rastogi as Managing Director of the company w.e.f. August 10, 2026.
2026-08-04Board meeting outcomeIn􀆟ma􀆟on of re-appointment of Mr. Manoj Kumar Rastogi as Managing Director
2026-07-17Shareholder meetingNotice of Postal Ballot
2026-07-16Board meeting outcomeOutcome of Board Meeting held on July 16, 2026.
2026-07-16Voluntary DelistingVoluntary Delisting
2026-07-03Disclosure under SEBI TakeovConcatenate Power Advest Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Boar...
2026-07-01Board meeting outcomeOutcome of Board Meeting held on July 01, 2026.
2026-07-01General UpdatesGeneral Updates
2026-06-29UpdatesIPA for voluntary delisting.
2026-06-10General UpdatesGeneral Updates
2026-06-05Board meeting outcomeOutcome of Board Meeting held on Jun 05, 2026.
2026-06-05Disclosure under SEBI TakeovJindal Photo Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substant...
2026-05-30Board meeting outcomeJindal Photo Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-02-13Board meeting outcomeJindal Photo Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-13Board meeting outcomeBoard meeting held on February 13, 2026.
2026-01-15General UpdatesGeneral Updates
2026-01-09Volume querySignificant increase in volume has been observed in Jindal Photo Limited. The Exchange, in order to ensure that investors have latest relevant informa...
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
2018-04-20CESTATJINDAL PHOTO FILMS LTD. ---VS.--- C.C.E.MEERUT-I U.P
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Jindal Photo Ltd?

Jindal Photo Ltd (JINDALPHOT) has a market capitalisation of Rs 1,071 Cr. at the 2026-10-01 close.

What were Jindal Photo Ltd's latest quarterly results?

In the Jun 2026 quarter, Jindal Photo Ltd sales was Rs 8 Cr (+700.0% vs Jun 2025) and net profit was Rs 13 Cr.

What is the 52-week high and low of Jindal Photo Ltd?

The 52-week high is Rs 1,616.60 and the 52-week low is Rs 971.10.

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