JAI Corp Limited
NSE: JAICORPLTD · Plastic Products - Industrial · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 51 companies in Plastic Products - Industrial (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹493 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 612.3x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY24).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 71% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹88.05 on 2026-10-26: -49.2% from the 52-week high, +5.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 135 | 126 | 135 | 131 | 146 | 116 | 121 | 158 |
| EBITDA | 16 | 12 | 10 | 8 | 17 | 12 | 16 | 24 |
| OPM % | 12.1% | 9.8% | 7.5% | 6.3% | 11.6% | 10.3% | 13.2% | 15.1% |
| Other income | 8 | 7 | 20 | 104 | 20 | 14 | 14 | 17 |
| Net profit | 17 | 12 | 23 | 104 | 27 | 18 | 21 | 28 |
| EPS (₹) | 0.96 | 0.70 | 1.31 | 5.94 | 1.53 | 1.00 | 1.19 | 1.61 |
| Revenue YoY | +8.1% | -7.9% | -10.9% | +20.1% | ||||
| Profit YoY | +55.7% | +41.2% | -10.8% | -72.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 720 | 594 | 463 | 518 | 514 | 541 |
| EBITDA | 55 | 1 | 49 | 53 | 53 | 69 |
| Net profit | 53 | -14 | 53 | 67 | 169 | 93 |
| EPS (₹) | 2.95 | -0.76 | 2.94 | 3.76 | 9.64 | 5.33 |
| Revenue growth | -17.5% | -22.1% | +11.8% | -0.6% | +2.4% | |
| Profit growth | -125.9% | – | +26.7% | +154.4% | -40.7% | |
| Dividend / share (₹) | 0.50 | 0.50 | 0.50 | 0.50 | 5.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -4.7% | +1.8% | +2.4% |
| Net profit | – | +12.8% | -40.7% |
| EPS | – | +13.1% | – |
| Share price | – | -47.5% (2y) | -38.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,432 | 1,486 | 1,406 | 1,491 |
| Borrowings | – | 2 | 0 | 0 | 0 |
| Cash & equivalents | – | 183 | 243 | 172 | 493 |
| Total assets | – | 1,504 | 1,553 | 1,467 | 1,559 |
| Fixed assets | – | 110 | 100 | 89 | 93 |
| Capital work in progress | – | 1 | 1 | 0 | 0 |
| Investments | – | 627 | 648 | 647 | 379 |
| Receivables | – | 52 | 49 | 55 | 46 |
| Inventory | – | 211 | 215 | 206 | 241 |
| Payables | – | 5 | 7 | 2 | 15 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 91 | 72 | 41 | 45 | 14 |
| Cash from investing | 4 | -60 | -30 | 111 | 85 |
| Cash from financing | -98 | -17 | -11 | -155 | -97 |
| Capex | 4 | 4 | 2 | 3 | 11 |
| Free cash flow | 88 | 68 | 39 | 42 | 3 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -0.9% | 3.5% | 4.7% | 11.3% |
| ROCE % | – | 0.9% | 5.0% | 5.9% | 13.0% |
| Debtor days | – | 32 | 39 | 39 | 33 |
| Inventory days | – | 182 | 243 | 208 | 252 |
| Payable days | – | 4 | 8 | 3 | 16 |
| Cash conversion cycle (days) | – | 210 | 274 | 244 | 269 |
| Working capital days | – | 307 | 432 | 338 | 603 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.92% |
| FIIs | 1.01% |
| DIIs | 1.11% |
| of which Mutual funds | 0.03% |
| of which Insurance | 1.07% |
| Public (non-institutions) | 23.96% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 73.92% | 73.92% | 73.92% | 73.92% | 73.92% | 73.92% | 73.92% | 73.92% |
| Promoter group | % |
|---|---|
| Harsh Jain | 13.05% |
| Ruchi Jain Hanasoge | 12.32% |
| Ankit Jain | 12.21% |
| Gaurav Jain | 10.22% |
| Sushma Jain | 9.05% |
| NK Trust | 6.11% |
| Mega Trust | 4.45% |
| LJNK Trust | 3.75% |
| Anand Jain | 2.03% |
| Hide N Chic Furniture PVT. Ltd. | 0.11% |
| Kasturi Trading Co. PVT. Ltd. | 0.11% |
| Mega Pipes Private Limited | 0.11% |
| Richmond Traders PVT. Ltd. | 0.11% |
| Somerset Trading PVT Ltd | 0.11% |
| Sparsh Trading PVT Ltd | 0.11% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation of India | 1.07% |
98,916 shareholders. Pledged: 0.00% of promoter shares.
Peers in Plastic Products - Industrial
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SUPREMEIND | ₹41,291 cr | 40.0x | 6.7x | 17.4% | 19.6% | 14.4% | +6.8% | 1.07% |
| ASTRAL | ₹36,288 cr | 63.0x | 8.9x | 15.0% | 20.0% | 16.0% | +8.4% | 0.28% |
| GRWRHITECH | ₹16,208 cr | 38.0x | 5.6x | 15.7% | 19.8% | 22.9% | +13.8% | 0.17% |
| KINGFA | ₹8,901 cr | 39.4x | 6.4x | 21.2% | 21.9% | 14.2% | +12.4% | 0.00% |
| FINPIPE | ₹8,775 cr | 14.2x | 1.4x | 10.0% | 12.1% | 17.5% | -2.2% | 2.53% |
| TIMETECHNO | ₹7,839 cr | 15.4x | 1.9x | 14.0% | 15.7% | 14.3% | +12.5% | 0.75% |
| PRINCEPIPE | ₹2,805 cr | 27.5x | 1.7x | 6.3% | 8.1% | 10.2% | -1.4% | 0.20% |
| JISLJALEQS | ₹1,701 cr | 56.5x | 0.3x | -0.9% | 4.5% | 11.2% | +3.6% | – |
| JAICORPLTD | ₹1,545 cr | 16.5x | 1.0x | 6.4% | 8.2% | 12.7% | -4.7% | 6.25% |
| APOLLOPIPE | ₹1,520 cr | – | 1.9x | -1.5% | -0.1% | 4.3% | +6.5% | 0.21% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Plastic Processing | ₹504 cr | 98.0% | ₹70 cr | 13.8% |
| Real Estate | ₹10 cr | 2.0% | ₹3 cr | 27.2% |
| Steel | ₹0 cr | – | ₹-1 cr | – |
| Spinning* | ₹0 cr | 0.0% | ₹-0 cr | -1,750.0% |
| Asset Management Activity | ₹0 cr | – | ₹0 cr | – |
| Others | ₹0 cr | – | ₹5 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-21 | Dividend | Dividend - Re 0.50 Per Share |
| 2025-09-19 | Dividend | Dividend - Rs 0.50 Per Share |
| 2025-08-01 | Dividend | Special Dividend - Rs 5 Per Share |
| 2024-09-10 | Buyback | Buy Back |
| 2024-08-27 | Dividend | Annual General Meeting/Dividend - Re 0.5 Per Share |
| 2023-09-04 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2022-10-20 | Dividend | Dividend - Rs 0.50 Per Share |
| 2021-11-12 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2020-12-18 | Dividend | Dividend - Rs 0.50 Per Share |
| 2019-09-20 | Dividend | Dividend - Rs 0.50 Per Share |
| 2018-09-17 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2017-09-04 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2016-09-12 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2015-09-15 | Dividend | Annual General Meeting/ Dividend - Re 0.50/- Per Share |
| 2014-09-08 | Dividend | Annual General Meeting/Dividend Re. 0.50 Per Equity Share |
| 2013-09-06 | Dividend | Annual General Meeting/Dividend Re. 0.50 Per Equity Share |
| 2012-09-14 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2011-09-09 | Dividend | Annual General Meeting And Dividend Re.0.50 Per Share |
| 2010-08-13 | Dividend | Annual General Meeting And Dividend Re.0.50 Per Share |
| 2009-09-11 | Other | Agm/Div-Re.0.50 Per Sharebc End Date Revised |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Plastic Processing
| Sector | Industrials |
| Industry | Plastic Products - Industrial |
| Sub-industry | Plastic Products - Industrial |
| Symbol | JAICORPLTD |
| BSE code | 512237 |
| ISIN | INE070D01027 |
| Face value | ₹1.0 |
| Incorporated | 1985-06-06 |
| Website | www.jaicorpindia.com |
| Plants (India / abroad) | 6 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.