BSE: 538422
JACKSON INVESTMENTS LTD
Holds investments and extends advances, including for share acquisitions, as a BSE-listed investment company. H1FY26 filings disclosed ₹964.28 lakhs in such advances. The statutory auditor flagged an ongoing ROC West Bengal inquiry into a past loan matter, and noted the company qualifies under Section 45-IA of the RBI Act but does not hold NBFC registration. Most of FY26 income came from other income — including a reversal of expected credit loss provisions — rather than revenue from operations, which is modest. Employee costs of 38% of revenue and other operating expenses of 47.6% make up the cost base, with no material, depreciation or capex. Reserves and surplus stood at ₹(179.44) lakhs in negative territory at the latest disclosure. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Revenue from operations, Other income. Small investment company with NBFC-like advance activity, negative reserves, and ECL-driven earnings
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2 | 1 | 1 | 1 | 1 |
| EBITDA (ex other income) | 0 | 0 | (0) | (1) | 0 |
| margin % | 13.4 | 9.2 | (19.6) | (144.9) | 14.5 |
| Owners' profit | 0 | 0 | (0) | (1) | 2 |
| EPS, as reported (₹) | 0.01 | 0.01 | (0.01) | (0.03) | 0.07 |
| ROE % · ROCE % | 0.6 · 0.9 | 1.0 · 1.3 | (0.4) · (0.4) | (3.2) · (3.2) | 7.8 · 5.1 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 1 | (9) | (1) | (0) | 8 |
| Capex | 0 | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | (1) | 0 | 0 | 0 | 1 |
| Net profit | 0 | 0 | 0 | (1) | 0 | 0 | 0 | 2 |
| EPS (₹) | 0.00 | 0.00 | (0.00) | (0.03) | 0.00 | 0.00 | 0.00 | 0.07 |
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. % |
|---|---|---|---|---|---|---|---|---|
| JIO FIN SERVICES LTD | 1,35,496 | 63.7 | 1.01 | — | 1.2 | — | — | 70.7 |
| ADITYA BIRLA CAPITAL LTD. | 97,598 | 22.8 | 2.65 | — | 10.5 | — | 18.8 | 40.8 |
| L&T FINANCE LIMITED | 61,858 | 19.4 | 2.21 | — | 10.6 | — | 5.5 | 62.3 |
| TATA INVESTMENT CORP LTD | 28,442 | 66.0 | 0.97 | — | 1.5 | — | 19.5 | 92.6 |
| CHOLAMANDALAM FIN HOL LTD | 24,545 | 9.2 | 0.72 | — | 16.2 | — | 23.0 | 58.4 |
| TVS HOLDINGS LIMITED | 23,883 | 12.1 | 1.85 | — | 26.3 | — | 23.4 | 16.4 |
| MAHARASHTRA SCOOTERS LTD | 13,373 | 48.0 | 0.48 | — | 1.1 | — | — | 84.1 |
| JSW HOLDINGS LIMITED | 12,440 | 90.6 | 0.38 | — | 0.4 | — | 14.1 | 84.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 5.0 | 19.9 | 9 of 51 | 84% |
| P/B | 0.3 | 0.6 | 22 of 63 | 65% |
| ROCE | 5.1 | 0.4 | 8 of 28 | 74% |
| ROE | 7.8 | 1.3 | 15 of 65 | 78% |
| Debt / Equity | 0.0 | 0.0 | 1 of 27 | 39% |
| EBITDA margin | 1059.1 | 61.6 | 4 of 62 | 95% |
| Revenue growth | (15.7) | 13.6 | 39 of 56 | 31% |
| Profit growth | 317.7 | 10.7 | 8 of 66 | 89% |
| Market cap | 10 | 273 | 66 of 68 | 3% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Board meeting on Oct 30 to consider Q2FY27 results | results | low | — | — |
| 9 Oct 2026 · RTA compliance certificate for dematerialisation, Q2 FY27 | compliance | minimal | — | — |
| 9 Oct 2026 · Non-applicability of Regulation 57(5) for QE September 30, 2026 | compliance | minimal | — | — |
| 30 Sept 2026 · Jackson Investments 44th AGM: both resolutions approved | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Scrutinizer Report filed for 44th AGM; all resolutions passed | board shareholder meetings | minimal | — | — |
| 30 Sept 2026 · Jackson Investments holds 44th AGM via video conferencing | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Prior intimation about non-applicability of Reg 57(4) certificate for QE Dec 31, 2026 | compliance | minimal | — | — |
| 29 Sept 2026 · Trading window closure from Oct 1 for Q2 results | compliance | minimal | — | — |
| 7 Sept 2026 · Newspaper notice published for 44th AGM on 30 September 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · Jackson Investments FY26 Annual Report and 44th AGM Notice on Sept 30 | board shareholder meetings | medium | — | — |
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.