Submission of 42nd ANNUAL REPORT for the Financial Year 2024-25 under Regulation 34 of SEBI LODR , 2015.
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Awaiting price reaction for this filing.
J. J. Finance Corporation Limited, a Kolkata-based NBFC, filed its 42nd Annual Report for FY 2024-25 with BSE. Net revenue from operations rose slightly to ₹78.39 lakhs from ₹76.18 lakhs, but profit after tax declined to ₹26.18 lakhs from ₹36.57 lakhs due to higher tax outflow (₹18.26 lakhs vs ₹11.22 lakhs). The Board did not recommend any dividend to conserve resources. Key management changes included appointment of a new CEO, an Independent Women Director, and a new Company Secretary, alongside the retirement of one director and the unfortunate demise of another director during the year. Paid-up share capital stands at ₹2.82 crore (28.2 lakh equity shares). The company has only 2 permanent employees and no subsidiaries or public deposits. AGM is scheduled for September 24, 2025 via video conferencing.
Lower profitability despite modest revenue growth signals margin pressure for this small-cap NBFC. The decline in Return on Net Worth (from 3.81% to 2.61%) and Net Profit Margin (from 48% to 33%) may concern shareholders, though the company maintains a stable balance sheet with no dividend payout to preserve capital for growth.