BSE: 534796
JUJHAR LOGISTICS LIMITED
Operates as a logistics services provider to Indian automotive manufacturers, following an 18 November 2025 acquisition of a 51% controlling stake in Jujhar Logistic & Travels Limited (JLTL). Through JLTL, it serves major OEMs including Maruti, Mahindra, Tata, Kia, Hyundai, Skoda and Toyota, with JLTL alone posting ₹210.98 Cr of revenue, ₹46.35 Cr of EBITDA and ₹24.76 Cr of PAT in FY26 (of which only post-18 November 2025 results are consolidated). The legacy standalone petrochemicals business shrank, with standalone revenue falling from ₹898.73 lakhs in FY25 to ₹401.53 lakhs in FY26, and the company has formally changed its name from "CDG Petchem Limited" to "Jujhar Logistics Limited" effective 2 July 2026, alongside a registered-office shift from Hyderabad to Punjab. The consolidated turnaround took consolidated revenue from ₹23.10 Cr in FY25 to ₹74.88 Cr in FY26, with EBITDA moving from a ₹26.46 Cr loss to an ₹18.24 Cr profit and PAT from a ₹1.15 Cr loss to a ₹7.77 Cr profit. The cost structure is dominated by other operating expenses at 74.8% of revenue, consistent with fleet, transport and outsourced logistics inputs, while raw materials are negligible at 0.7%. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Logistics services via JLTL subsidiary (consolidated), Legacy standalone petrochemicals / plastic products. Asset-light logistics services to automotive OEMs following a recent pivot; legacy petrochemicals unit in run-down
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 53 | 51 | 41 | 23 | 75 |
| EBITDA (ex other income) | (1) | 1 | 0 | (0) | 17 |
| margin % | (1.2) | 1.5 | 0.5 | (1.9) | 22.4 |
| Owners' profit | 0 | (0) | (1) | (1) | 4 |
| EPS, as reported (₹) | (7.53) | (1.24) | (1.80) | (3.74) | 8.27 |
| ROE % · ROCE % | (114.9) · (7.0) | (22.6) · 13.2 | (48.8) · 12.8 | 6190.3 · (3.5) | 8.7 · 13.2 |
| Debt / equity (x) | 8.61 | 9.24 | 10.21 | (309.87) | 0.24 |
| Cash from operations | 3 | 1 | 1 | (7) | 35 |
| Capex | (0) | (1) | (0) | (0) | (102) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 6 | 6 | 5 | 5 | 22 | 52 | 45 |
| Profit before tax | (0) | (0) | (0) | (0) | (0) | 3 | 11 | 6 |
| Net profit | (0) | (0) | (0) | (0) | (0) | 3 | 5 | 5 |
| EPS (₹) | (0.78) | (1.57) | (1.16) | (0.22) | 1.02 | 2.96 | 5.72 | 5.68 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SUPREME INDUSTRIES LTD | 41,024 | 39.5 | 6.65 | 25.3 | 15.5 | 17.9 | 12.0 | 15.0 |
| ASTRAL LIMITED | 36,600 | 63.5 | 9.02 | 33.0 | 13.2 | 16.9 | 15.6 | 15.5 |
| GARWARE HI-TECH FILMS LTD | 16,621 | 42.9 | 6.26 | 33.0 | 12.7 | 16.4 | 16.5 | 30.3 |
| KINGFA SCI & TEC IND LTD. | 9,296 | 41.2 | 6.64 | — | 13.2 | 17.7 | — | 16.9 |
| FINOLEX INDUSTRIES LTD | 8,740 | 14.2 | 1.41 | 10.3 | 9.6 | 11.8 | 3.5 | 20.6 |
| TIME TECHNOPLAST LTD. | 8,001 | 15.7 | 1.92 | 9.0 | 11.4 | 14.0 | 15.2 | 13.3 |
| PRINCE PIPES FITTINGS LTD | 2,861 | 28.0 | 1.74 | — | 4.5 | 5.6 | — | 13.3 |
| APOLLO PIPES LIMITED | 2,122 | — | 2.38 | 28.1 | 0.5 | 1.0 | — | 1.8 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 13.4 | 14.4 | 20 of 46 | 58% |
| P/B | 2.1 | 1.6 | 30 of 42 | 27% |
| ROCE | 11.1 | 7.0 | 20 of 56 | 66% |
| ROE | 8.7 | 7.6 | 20 of 45 | 57% |
| Debt / Equity | 0.2 | 0.2 | 27 of 45 | 41% |
| EBITDA margin | 19.3 | 11.6 | 8 of 43 | 83% |
| Revenue growth | 734.9 | 10.6 | 2 of 49 | 98% |
| Profit growth | 7997.3 | 20.7 | 1 of 47 | 100% |
| Market cap | 190 | 126 | 19 of 55 | 67% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 14 Oct 2026 · RTA confirms no dematerialization requests for Q2 FY27 | compliance | minimal | — | — |
| 1 Oct 2026 · AGM results: All 6 resolutions passed with 99.99 percent majority | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Jujhar Logistics AGM 2026: All 6 Resolutions Passed with Overwhelming Majority | compliance | minimal | — | — |
| 1 Oct 2026 · Shareholders approve Monika Garg as Independent Director | management changes | medium | — | — |
| 29 Sept 2026 · 15th AGM proceedings: 6 resolutions passed including director appointments and related party deals | board shareholder meetings | low | — | — |
| 17 Sept 2026 · Investor presentation outlines car-carrier growth plan and financials | investor communications | medium | — | — |
| 4 Sept 2026 · Newspaper publication of notice of 15th Annual General Meeting | compliance | minimal | — | — |
| 3 Sept 2026 · 15th AGM on Sep 29, 2026; e-voting Sep 26 to Sep 28 | board shareholder meetings | low | — | — |
| 3 Sept 2026 · 15th AGM on Sep 29, 2026: FY26 results, director changes, related party deals | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Jujhar Logistics files FY26 Annual Report; vehicle logistics pivot complete | results | high | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.