JET Freight Logistics Ltd
NSE: JETFREIGHT · Logistics Solution Provider · sector
₹18.08NSE close 2026-10-26
Key numbers
Market cap₹84 cr
Price₹18.08
52w high / low₹26 / ₹12
P/E11.1xSector median 13.7x
P/B1.2xSector median 1.4x
Book value₹15.3
Dividend yield–Sector median 0.60%
ROE11.3%Sector median 9.1%
ROCE14.4%Sector median 11.4%
OPM4.0%Sector median 7.0%
Debt / equity1.03xSector median 0.24x
EV/EBITDA7.1xSector median 8.9x
Interest cover2.6x
Current ratio1.29x
Sales growth 3y+1.4%Sector median +7.7%
Profit growth 3y–Sector median -9.8%
PEG0.15x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 51 companies in Logistics Solution Provider (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹15 cr vs borrowings ₹73 cr (FY26): borrowings are higher by ₹59 cr.
- Operating profit covered interest 2.6x in the last 12 months.
- 22.61% of the promoters' shares are pledged (12.1% of all shares).
- Promoter holding rose by 2.75 percentage points in a year, to 53.67% (2026-09-30).
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY23, FY22).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 34% of net profit in the last 12 months.
- Debtor days went from 63 (FY24) to 79 (FY26).
- No dividend in the last 5 financial years.
- Price ₹18.08 on 2026-10-26: -30.3% from the 52-week high, +50.7% 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
Weekly close · high ₹24.10 · low ₹11.41
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87 | 94 | 115 | 120 | 84 | 113 | 128 | 179 |
| EBITDA | 3 | 4 | 3 | 3 | 3 | 4 | 7 | 7 |
| OPM % | 3.4% | 4.4% | 3.0% | 2.5% | 3.3% | 3.6% | 5.4% | 3.6% |
| Other income | 0 | 1 | 0 | 2 | 1 | 1 | 1 | 0 |
| Net profit | 1 | 2 | 0 | 2 | 1 | 1 | 3 | 3 |
| EPS (₹) | 0.26 | 0.38 | 0.07 | 0.38 | 0.19 | 0.23 | 0.66 | 0.55 |
| Revenue YoY | -4.2% | +19.8% | +11.4% | +49.5% | ||||
| Profit YoY | +10.1% | -35.9% | +1,856.2% | +43.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 460 | 427 | 401 | 444 | 444 | 504 |
| EBITDA | 10 | 8 | 7 | 14 | 17 | 20 |
| Net profit | 3 | -0 | 0 | 4 | 7 | 8 |
| EPS (₹) | 2.56 | -0.09 | 0.04 | 0.81 | 1.47 | 1.63 |
| Revenue growth | -7.4% | -6.0% | +10.6% | +0.1% | +21.0% | |
| Profit growth | -104.2% | – | +1,676.2% | +84.5% | +72.3% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1.4% | – | +21.0% |
| Net profit | – | – | +72.3% |
| EPS | – | – | – |
| Share price | – | +11.0% (2y) | +40.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 64 | 61 | 64 | 71 |
| Borrowings | – | 60 | 55 | 63 | 73 |
| Cash & equivalents | – | 11 | 13 | 13 | 15 |
| Total assets | – | 157 | 170 | 177 | 192 |
| Fixed assets | – | 14 | 13 | 13 | 12 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 49 | 69 | 78 | 97 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 27 | 46 | 26 | 38 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -11 | -37 | 4 | -2 | -8 |
| Cash from investing | -4 | -3 | -6 | 1 | 4 |
| Cash from financing | 14 | 43 | 0 | 1 | 4 |
| Capex | 5 | 3 | 1 | 3 | 2 |
| Free cash flow | -16 | -39 | 2 | -5 | -10 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -0.2% | 0.3% | 5.8% | 9.7% |
| ROCE % | – | 4.6% | 5.4% | 10.6% | 12.9% |
| Debtor days | – | 42 | 63 | 64 | 79 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 23 | 42 | 21 | 31 |
| Cash conversion cycle (days) | – | 19 | 21 | 43 | 48 |
| Working capital days | – | -8 | 39 | 18 | 25 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 53.67% |
| FIIs | 0.01% |
| Public (non-institutions) | 46.32% |
| Quarter | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Jun 2026 | Sep 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 50.92% | 50.92% | 50.92% | 50.92% | 50.92% | 50.92% | 53.67% | 53.67% |
| Promoter group | % |
|---|---|
| Richard Francis Theknath | 21.30% |
| DAX Francis Theknath | 18.89% |
| Agnes Francis Theknath | 6.21% |
| Tyra Richard Theknath | 2.43% |
| Tyrus Richard Theknath | 2.43% |
| Thea Richard Theknath | 2.43% |
| Achamma Coutinho | 0.00% |
| Arlene Sandra Theknath | 0.00% |
| Christina DAX Theknath | 0.00% |
| Elizabeth Muriel Dias | 0.00% |
| Public holders above 1% | % |
|---|---|
| Kailash Chandra Kabra | 1.08% |
| Sanjay Garg | 1.01% |
19,690 shareholders. Pledged: 22.61% of promoter shares.
Peers in Logistics Solution Provider
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CONCOR | ₹31,348 cr | 25.1x | 2.4x | 9.8% | 13.2% | 21.6% | +3.6% | 2.22% |
| DELHIVERY | ₹28,082 cr | 300.0x | 2.9x | 1.0% | 2.2% | 5.5% | +13.3% | – |
| SHADOWFAX | ₹16,722 cr | 128.7x | 9.6x | 6.4% | 7.5% | 5.0% | – | – |
| BLUEDART | ₹10,124 cr | 35.3x | 5.7x | 17.2% | 23.6% | 15.3% | +5.9% | 0.59% |
| TCI | ₹6,508 cr | 14.2x | 2.5x | 19.4% | 15.8% | 10.6% | +9.1% | 1.08% |
| TVSSCS | ₹4,879 cr | 75.7x | 2.4x | 3.4% | 8.3% | 7.0% | – | – |
| VRLLOG | ₹4,687 cr | 17.6x | 4.1x | 24.0% | 28.1% | 20.4% | +6.7% | 3.73% |
| MAHLOG | ₹3,871 cr | 104.6x | 3.3x | 4.8% | 11.9% | 5.5% | +10.9% | 0.46% |
| AFCOM | ₹3,781 cr | 18.9x | 8.3x | 54.4% | 45.9% | 35.1% | – | – |
| JETFREIGHT | ₹84 cr | 11.1x | 1.2x | 11.3% | 14.4% | 4.0% | +1.4% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2023-01-11 | Rights | Rights 1:1 @ Premium Rs 11.25/- |
| 2022-05-19 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Logistics Solution Provider |
| Sub-industry | Logistics Solution Provider |
| Symbol | JETFREIGHT |
| BSE code | 543420 |
| ISIN | INE982V01025 |
| Face value | ₹5.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.