BSE: 530405
JINDAL CAPITAL LTD.
Lends as a non-banking finance company (NBFC) listed on BSE, with interest income as its main revenue source. For FY26, total income was ₹430.15 lakh, with employee costs forming the bulk of operating expenses at 25.2% of revenue and no materials or capex. Profit after tax for FY26 came in at ₹113 lakh, down 19% from ₹139.56 lakh in FY25. Q3 FY26 nine-month PAT stood at ₹79.38 lakh versus ₹161.06 lakh a year earlier. The board approved an increase in authorised share capital from ₹12 crore to ₹22 crore through 1 crore additional equity shares of ₹10 each, citing future fund raising and business expansion. The company does not meet SEBI's Large Corporate criteria based on March 31, 2026 figures. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Interest income. Small, asset-light NBFC earning through interest income with negligible capex
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 9 | 5 | 2 | 4 | 4 |
| EBITDA (ex other income) | 1 | 0 | 0 | 2 | 2 |
| margin % | 9.4 | 4.6 | 4.8 | 58.5 | 57.2 |
| Owners' profit | 0 | 0 | 1 | 1 | 1 |
| EPS, as reported (₹) | 0.62 | 0.17 | 1.40 | 1.62 | 1.57 |
| ROE % · ROCE % | 5.1 · — | 1.4 · — | 8.9 · — | 10.5 · — | 9.2 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 1 | 1 | 2 | 2 | 2 |
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 0 | 0 | (0) | 0 | 0 | 0 | 1 |
| Net profit | 1 | 0 | 0 | (0) | 0 | 0 | 0 | 0 |
| EPS (₹) | 1.09 | 0.46 | 0.69 | (0.66) | 0.28 | 0.43 | 0.39 | 0.47 |
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. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 20.0 | 19.0 | 40 of 76 | 48% |
| P/B | 1.9 | 1.0 | 73 of 105 | 31% |
| ROE | 9.2 | 1.3 | 19 of 111 | 84% |
| EBITDA margin | 63.1 | 25.6 | 27 of 91 | 71% |
| Revenue growth | 75.1 | (4.1) | 17 of 85 | 81% |
| Profit growth | 170.7 | (0.2) | 15 of 109 | 87% |
| Market cap | 23 | 26 | 60 of 113 | 47% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Board to consider terms of proposed rights issue | corporate actions | medium | — | — |
| 13 Oct 2026 · Routine quarterly filing on dematerialisation of shares for July-Sept 2026 | compliance | minimal | — | — |
| 1 Oct 2026 · 32nd AGM Results: All 6 Resolutions Passed Including Rs 500 Crore Borrowing Limit | board shareholder meetings | low | — | — |
| 1 Oct 2026 · AGM Results: All 6 Resolutions Passed, Including Rs 500 Cr Borrowing Limit | board shareholder meetings | medium | — | — |
| 30 Sept 2026 · AGM outcome: 500 Cr borrowing limit cleared, Nischal Mittal made Independent Director | management changes | medium | — | — |
| 30 Sept 2026 · KYC update reminder sent to physical shareholders | compliance | minimal | — | — |
| 30 Sept 2026 · 32nd AGM held; resolutions on borrowing limit, director pay and appointments passed | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 FY26 results announcement | compliance | minimal | — | — |
| 7 Sept 2026 · Notice of 32nd AGM Published in Newspapers | compliance | minimal | — | — |
| 5 Sept 2026 · Annual Report FY25-26 and 32nd AGM Notice filed with BSE | 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.