Price
Financials
Standalone, Rs crore| Jun 2026 | |
|---|---|
| Sales | 190.94 |
| Expenses | 177.19 |
| Operating Profit | 13.75 |
| OPM % | 7.20% |
| Other Income | 0.15 |
| Interest | 1.96 |
| Depreciation | 0.91 |
| Profit before tax | 11.03 |
| Tax % | 25.02% |
| Net Profit | 8.28 |
| EPS in Rs | 2.06 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 216 | 385 | 506 | 645 | 586 | 675 |
| Expenses | 206 | 356 | 497 | 624 | 560 | 634 |
| Operating Profit | 10 | 28 | 9 | 21 | 26 | 42 |
| OPM % | 4.6% | 7% | 1.7% | 3.3% | 4.4% | 6% |
| Other Income | 1 | 1 | 0 | 5 | 18 | 1 |
| Interest | 2 | 3 | 4 | 8 | 9 | 9 |
| Depreciation | 1 | 2 | 2 | 4 | 3 | 3 |
| Profit before tax | 8 | 25 | 2 | 15 | 32 | 30 |
| Tax % | 28% | 29% | 73% | 15% | 25% | 25% |
| Net Profit | 5 | 18 | 1 | 13 | 24 | 23 |
| EPS in Rs | 207.05 | 749.68 | 26.73 | 671.01 | 1,265.38 | 5.59 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 26% | 10% | 15% | ||
| Compounded Profit Growth | % | 35% | 231% | 542% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 20% | 18% | 26% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 2 | 2 | 2 | 2 | 40 |
| Reserves | 22 | 39 | 39 | 48 | 73 | 57 |
| Borrowings | 28 | 61 | 73 | 108 | 99 | 123 |
| Other Liabilities | 12 | 20 | 20 | 23 | 27 | 29 |
| Total Liabilities | 66 | 122 | 135 | 181 | 200 | 248 |
| Fixed Assets | 26 | 33 | 33 | 84 | 91 | 90 |
| CWIP | 0 | 0 | 13 | 6 | 0 | 7 |
| Investments | 0 | 0 | 1 | 1 | 1 | 0 |
| Other Assets | 39 | 88 | 88 | 91 | 108 | 151 |
| Total Assets | 66 | 122 | 135 | 181 | 200 | 248 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1 | -21 | 8 | 20 | 6 | -6 |
| Cash from Investing Activity | -6 | -8 | -16 | -43 | 12 | -10 |
| Cash from Financing Activity | 4 | 28 | 8 | 23 | -18 | 16 |
| Net Cash Flow | 0 | -0 | -0 | 0 | -0 | 0 |
| Free Cash Flow | -4 | -29 | -9 | -24 | 18 | -15 |
| CFO/OP | 15% | -73% | 92% | 104% | 34% | 2% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 21 | 23 | 15 | 13 | 13 | 18 |
| Inventory Days | 38 | 34 | 51 | 64 | ||
| Days Payable | 7 | 5 | 5 | 7 | ||
| Cash Conversion Cycle | 21 | 23 | 46 | 41 | 59 | 75 |
| Working Capital Days | 22 | 30 | 12 | -2 | 16 | 17 |
| ROCE % | 35% | 6% | 14% | 15% | 20% |
| Sep 2026 | |
|---|---|
| Promoters | 73.68% |
| FIIs | 7.47% |
| DIIs | 4.82% |
| Public | 14.03% |
| No. of Shareholders | 30,175 |
Fundamentals
Market Cap₹ 769 Cr.
Current Price₹ 153
Stock P/E34.2
Book Value₹
ROCE19.7 %
ROE26.2 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)542%
Standalone figures.
Valuation
Market capRs 848 Cr
Enterprise valueRs 909 Cr
P/E (TTM)47.99x
Price to book20.64x
Price to sales2.21x
EV / EBITDA30.70x
EV / EBIT32.83x
EV / sales2.36x
Earnings yield2.08%
Profitability
Operating margin (excl. other income)7.39%
Operating margin (incl. other income)7.70%
EBITDA margin7.70%
Pre-tax margin6.50%
Net profit margin4.59%
ROE53.38%
ROCE35.67%
ROA18.86%
ROIC (approx.)19.22%
Tax rate29.32%
Other income / net worth2.85%
Growth
Sales growth (latest year)78.27%
Profit growth (latest year)223.63%
Per share
EPS (TTM)Rs 3.52
EPS (latest year)Rs 749.60
Book value per shareRs 8.18
Sales per shareRs 76.56
Cash flow per shareRs -4.11
Free cash flow per shareRs -2.99
Efficiency
Asset turnover3.16x
Fixed asset turnover11.62x
Inventory turnover6.39x
Inventory days57 days
Debtor days23 days
Debtors turnover16.21x
Creditor days7 days
Cash conversion cycle75 days
Working capital days17 days
Leverage
Total debtRs 61 Cr
Cash and bankRs 0 Cr
Net debtRs 61 Cr
Debt to equity1.48x
Net debt / EBITDA2.05x
Interest coverage10.33x
Owners' fund to total sources33.71%
Debt to assets49.83%
Cash flow
Cash from Operating Activity (latest year)Rs -21 Cr
Cash from Investing Activity (latest year)Rs -8 Cr
Cash from Financing Activity (latest year)Rs 28 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -15 Cr
FCFE (approx.: FCF + change in debt)Rs 17 Cr
Cash from ops / profit, 5 years0.09x
Statement figures
Net sales (TTM)Rs 385 Cr
Net sales (latest year)Rs 385 Cr
Operating profit excl. other income (latest year)Rs 28 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 30 Cr
PBDT (TTM)Rs 27 Cr
Profit before tax (TTM)Rs 25 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 18 Cr
Net profit (latest year)Rs 18 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 347 Cr
Total expenditure (latest year)Rs 356 Cr
Total income (latest year)Rs 386 Cr
Share capitalRs 2 Cr
ReservesRs 39 Cr
Shareholders' fundsRs 41 Cr
Total assetsRs 122 Cr
Net blockRs 33 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 0 Cr
ReceivablesRs 24 Cr
InventoryRs 54 Cr
Other liabilitiesRs 20 Cr
Shares outstanding (crore)5.02
Ownership
Promoter holding73.68%
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).
| Period | JSIPL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +27.6% | -2.8% | +30.4 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -83% of net profit over the last 2 years |
| explain | High accruals Profit exceeded operating cash by 31% of total assets in 2026 |
| look | Inventory outrunning sales Inventory grew 168% vs sales +78% 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.
Insider trades
NSE insider and takeover-code disclosures| Date | Who | Role | Side | Shares | Value | How |
|---|---|---|---|---|---|---|
| 2026-09-22 | Craft Emerging Marketing Fund PCC | Acquirer | buy | 2,953,204 | SAST Others |
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
No quarterly results published.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
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.