BSEJindal Capital LtdMediumNeutral
Announced Fri, 14 Nov · 14:26 IST

As per attachment.

Revenue Growth 20pctNegative Operating CashflowDebt Equity ThresholdResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jindal Capital's board approved its unaudited Q2 and H1 FY26 (ended 30 Sept 2025) results on 14 Nov 2025, with a clean (unqualified) Limited Review Report from auditor STRG & Associates. Q2 FY26 total income rose ~44% YoY to Rs. 98.27 lacs (vs Rs. 68.05 lacs), driven mainly by interest income of Rs. 86.58 lacs. Q2 net profit stood at Rs. 30.71 lacs, marginally lower than Rs. 32.98 lacs in Q2 FY25. However, for the half-year, profit after tax fell sharply to Rs. 50.92 lacs from Rs. 111.48 lacs in H1 FY25, a drop of about 54%. Loans on the balance sheet grew 35% to Rs. 2,186.55 lacs, while borrowings rose 34% to Rs. 1,037.77 lacs, pushing the debt-to-equity ratio to roughly 0.89x. Cash and equivalents plunged from Rs. 281.72 lacs to just Rs. 16.75 lacs, and operating cash flow was a negative Rs. 526.55 lacs for the half-year.

Likely market impact

While top-line growth in Q2 is encouraging, the steep fall in half-yearly profits, sharp rise in borrowings, and large negative operating cash flow may concern shareholders and signal liquidity pressure. The clean auditor opinion is a positive, but the weakening cash position and leverage build-up warrant close monitoring in coming quarters.