BSE: 542446
Jonjua Overseas Limited
Operates aviation tour products and provides insolvency-resolution services. Holds copyrights on two publishing works: 'Himalayan Panorama', a helicopter tour, and 'Middle East Panorama', an aerial tour, and has a group entity in Jonjua Air Limited. The company says it has 33 years of experience reviving stressed businesses and has filed Expressions of Interest in the IBC proceedings of Telephone Cables Limited (jointly with promoter M/s. Harjinder Singh Jonjua, where PSIDC is a counter-promoter) and Soni Soya Products Limited. In FY26, total income was Rs. 2,199.33 lakhs, up from Rs. 654.38 lakhs the year before, with PBT of Rs. 1,067.64 lakhs versus Rs. 322.24 lakhs, and basic and diluted EPS of Rs. 3.01. Costs are dominated by materials at 43.2% of revenue, with employee cost at 0.9% and other operating expenses at 2.2%, consistent with a lean service set-up that relies on outsourced or project-based inputs. The shares are listed on the BSE SME platform (scrip 542446); the board has approved a 7:24 bonus issue subject to shareholder and regulatory approval. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Aviation tour products, Stressed-business revival and IBC participation. Asset-light services firm with aviation tour publishing and IBC resolution activities.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3 | 4 | 4 | 5 | 21 |
| EBITDA (ex other income) | 1 | 1 | 2 | 2 | 11 |
| margin % | 41.7 | 35.0 | 43.4 | 43.7 | 53.7 |
| Owners' profit | 1 | 1 | 1 | 2 | 8 |
| EPS, as reported (₹) | 1.84 | 1.75 | 1.52 | 2.43 | 3.01 |
| ROE % · ROCE % | 10.1 · 10.6 | 9.1 · 10.1 | 12.1 · 11.3 | 8.4 · 11.6 | 15.6 · 19.3 |
| Debt / equity (x) | 0.00 | 0.00 | 0.01 | 0.00 | 0.54 |
| Cash from operations | (1) | 1 | 3 | (3) | 34 |
| Capex | 0 | 0 | (3) | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 3 | 3 | 2 | 3 | 2 | 16 | 4 |
| Profit before tax | 1 | 1 | 1 | 2 | 2 | 1 | 8 | 1 |
| Net profit | 1 | 1 | 1 | 2 | 1 | 1 | 6 | 1 |
| EPS (₹) | 0.95 | 0.71 | 1.10 | 1.57 | 1.11 | 0.52 | 2.03 | 0.45 |
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. % |
|---|---|---|---|---|---|---|---|---|
| CENTRAL MINE P N D INST L | 14,645 | 48.1 | 6.41 | — | 26.9 | 34.6 | — | 34.9 |
| IIRM HOLDINGS INDIA LIMITED | 804 | 32.8 | 5.10 | 13.6 | 15.5 | 14.4 | — | 24.9 |
| Qualitek Labs Limited | 643 | 41.2 | — | — | — | 8.5 | — | — |
| Monarch Surveyors and Engineer | 348 | 7.1 | — | — | — | 20.9 | — | — |
| LIKHAMI CONSULTING LIMITED | 311 | 975.6 | 8.84 | — | 0.7 | 0.9 | — | 67.2 |
| Ekansh Concepts Limited | 289 | 91.8 | 6.36 | 172.1 | (6.7) | (6.8) | (12.2) | 48.8 |
| EKI ENERGY SERVICES LTD | 230 | — | 0.60 | 23.4 | (4.3) | (3.0) | — | (6.1) |
| MITCON CON & ENG SER LTD | 135 | 12.3 | 0.78 | 6.5 | 5.4 | 5.1 | — | 12.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 0.7 | 8.9 | 2 of 23 | 96% |
| P/B | 0.1 | 1.9 | 1 of 17 | 100% |
| ROCE | 19.2 | 8.2 | 4 of 26 | 88% |
| ROE | 15.6 | 6.7 | 4 of 17 | 81% |
| Debt / Equity | 0.5 | 0.0 | 15 of 17 | 13% |
| EBITDA margin | 35.9 | 31.8 | 7 of 17 | 63% |
| Revenue growth | 123.2 | 10.3 | 3 of 18 | 88% |
| Profit growth | (22.1) | (29.8) | 9 of 18 | 53% |
| Market cap | 8 | 35 | 24 of 26 | 8% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 1 Oct 2026 · MoU signed with Catobo LLP for heliport and aviation projects | strategic transactions | medium | — | — |
| 27 Sept 2026 · Trading window closed ahead of H2 FY26 results | compliance | minimal | — | — |
| 18 Sept 2026 · Board forms fund raising committee, approves rights issue participation | board shareholder meetings | low | — | — |
| 10 Sept 2026 · Jonjua Overseas Board to Consider Fundraising and Rights Issue on Sept 18 | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Bonus shares allotted, related-party tech acquisition approved | fund raising | high | — | — |
| 2 Sept 2026 · Board Meeting on Sept 7 to Consider Bonus Shares and Tech Acquisition | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Bonus issue of 79.55 lakh shares; record date 4 Sep 2026 | corporate actions | medium | — | — |
| 22 Aug 2026 · Scrutinizer's Report for 34th AGM filed; all 14 resolutions approved | compliance | minimal | — | — |
| 21 Aug 2026 · 34th AGM held; 14 resolutions voted on including bonus issue and tech acquisition | board shareholder meetings | low | — | — |
| 13 Aug 2026 · Jonjua Overseas Q1 FY27: Revenue drops 73% YoY to Rs 443 lakh | compliance | minimal | — | — |
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.