Reported Earnings • Jun 03
Full year 2026 earnings released: ₹0.46 loss per share (vs ₹0.037 profit in FY 2025) Full year 2026 results: ₹0.46 loss per share (down from ₹0.037 profit in FY 2025). Revenue: ₹7.27m (down 19% from FY 2025). Net loss: ₹10.7m (down ₹11.5m from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings. Announcement • May 23
JMG Corporation Limited to Report Q4, 2026 Results on May 29, 2026 JMG Corporation Limited announced that they will report Q4, 2026 results on May 29, 2026 Board Change • May 06
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non Executive Director Neeraj Jain is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 15
Third quarter 2026 earnings released: ₹0.04 loss per share (vs ₹0.08 loss in 3Q 2025) Third quarter 2026 results: ₹0.04 loss per share (improved from ₹0.08 loss in 3Q 2025). Revenue: ₹2.23m (up 86% from 3Q 2025). Net loss: ₹867.0k (loss narrowed 54% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 52% per year whereas the company’s share price has increased by 51% per year. Announcement • Feb 04
JMG Corporation Limited to Report Q3, 2026 Results on Feb 12, 2026 JMG Corporation Limited announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Nov 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹1.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹1.3m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (₹12m revenue, or US$130k). Market cap is less than US$10m (₹112.1m market cap, or US$1.26m). Reported Earnings • Nov 16
Second quarter 2026 earnings released: ₹0.16 loss per share (vs ₹0.06 loss in 2Q 2025) Second quarter 2026 results: ₹0.16 loss per share (further deteriorated from ₹0.06 loss in 2Q 2025). Revenue: ₹1.15m (up 71% from 2Q 2025). Net loss: ₹3.78m (loss widened 170% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • Nov 08
JMG Corporation Limited to Report Q2, 2026 Results on Nov 14, 2025 JMG Corporation Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Sep 01
JMG Corporation Limited, Annual General Meeting, Sep 29, 2025 JMG Corporation Limited, Annual General Meeting, Sep 29, 2025, at 12:00 Indian Standard Time. Announcement • Aug 27
JMG Corporation Limited to Report Fiscal Year 2025 Results on Sep 01, 2025 JMG Corporation Limited announced that they will report fiscal year 2025 results at 12:15 PM, Indian Standard Time on Sep 01, 2025 Reported Earnings • Aug 13
First quarter 2026 earnings released: ₹0.16 loss per share (vs ₹0.08 loss in 1Q 2025) First quarter 2026 results: ₹0.16 loss per share (further deteriorated from ₹0.08 loss in 1Q 2025). Revenue: ₹2.33m (up ₹2.18m from 1Q 2025). Net loss: ₹3.61m (loss widened 93% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Announcement • Aug 05
JMG Corporation Limited to Report Q1, 2026 Results on Aug 12, 2025 JMG Corporation Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹0.04 (vs ₹0.072 in FY 2024) Full year 2025 results: EPS: ₹0.04 (down from ₹0.072 in FY 2024). Revenue: ₹11.4m (up 85% from FY 2024). Net income: ₹845.0k (down 50% from FY 2024). Profit margin: 7.4% (down from 27% in FY 2024). The decrease in margin was driven by higher expenses. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹0.04 (vs ₹0.072 in FY 2024) Full year 2025 results: EPS: ₹0.04 (down from ₹0.072 in FY 2024). Revenue: ₹11.4m (up 85% from FY 2024). Net income: ₹845.0k (down 50% from FY 2024). Profit margin: 7.4% (down from 27% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • May 16
JMG Corporation Limited to Report Q4, 2025 Results on May 28, 2025 JMG Corporation Limited announced that they will report Q4, 2025 results on May 28, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: ₹0.08 loss per share (vs ₹0.05 profit in 3Q 2024) Third quarter 2025 results: ₹0.08 loss per share (down from ₹0.05 profit in 3Q 2024). Net loss: ₹1.87m (down 260% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
JMG Corporation Limited to Report Q3, 2025 Results on Feb 12, 2025 JMG Corporation Limited announced that they will report Q3, 2025 results on Feb 12, 2025 New Risk • Jan 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹4.6m revenue, or US$53k). Market cap is less than US$10m (₹122.5m market cap, or US$1.42m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Nov 14
Second quarter 2025 earnings released: ₹0.06 loss per share (vs ₹0.05 profit in 2Q 2024) Second quarter 2025 results: ₹0.06 loss per share (down from ₹0.05 profit in 2Q 2024). Net loss: ₹1.40m (down 224% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth. Announcement • Nov 09
JMG Corporation Limited to Report Q2, 2025 Results on Nov 13, 2024 JMG Corporation Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 27
JMG Corporation Limited Approves Appointment of Neeraj Jain as an Independent Director JMG Corporation Limited announced at the AGM held on September 25, 2024, approved Appointment of Mr. Neeraj Jain (DIN- 02726637) as an Independent Director of the Company for a period of 5 years. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹3.06, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 36x in the Professional Services industry in India. Total returns to shareholders of 139% over the past three years. Announcement • Aug 29
JMG Corporation Limited, Annual General Meeting, Sep 25, 2024 JMG Corporation Limited, Annual General Meeting, Sep 25, 2024, at 12:00 Indian Standard Time. Reported Earnings • Aug 02
First quarter 2025 earnings released: ₹0.08 loss per share (vs ₹0.058 loss in 1Q 2024) First quarter 2025 results: ₹0.08 loss per share (further deteriorated from ₹0.058 loss in 1Q 2024). Revenue: ₹225.0k (up 236% from 1Q 2024). Net loss: ₹1.87m (loss widened 38% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
JMG Corporation Limited to Report Q1, 2025 Results on Aug 01, 2024 JMG Corporation Limited announced that they will report Q1, 2025 results on Aug 01, 2024 Board Change • Jul 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non Executive Director Satish Charan Patne was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 13
JMG Corporation Limited Announces Resignation of Satish Kumar Grover as Non Executive Independent Director JMG Corporation Limited announced that Mr. Satish Kumar Grover has tendered his resignation as the Non Executive Independent Director of the Company, with effect from the close of business hours on 25 June 2024, citing pre-occupation and other personal commitments. Consequently, he shall also cease to be the Chairman of the Audit Committee, Nomination and Remuneration Committee of the Company, and Member of the Independent Directors Committee. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹0.07 (vs ₹0.14 loss in FY 2023) Full year 2024 results: EPS: ₹0.07 (up from ₹0.14 loss in FY 2023). Revenue: ₹8.56m (down 76% from FY 2023). Net income: ₹1.68m (up ₹4.89m from FY 2023). Profit margin: 20% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • May 17
JMG Corporation Limited to Report Q4, 2024 Results on May 28, 2024 JMG Corporation Limited announced that they will report Q4, 2024 results on May 28, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹0.05 (vs ₹0.05 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.05 (up from ₹0.05 loss in 3Q 2023). Revenue: ₹2.65m (down 82% from 3Q 2023). Net income: ₹1.17m (up ₹2.34m from 3Q 2023). Profit margin: 44% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
JMG Corporation Limited to Report Q3, 2024 Results on Feb 08, 2024 JMG Corporation Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Announcement • Aug 31
JMG Corporation Limited, Annual General Meeting, Sep 26, 2023 JMG Corporation Limited, Annual General Meeting, Sep 26, 2023, at 12:00 Indian Standard Time. Announcement • Jul 26
JMG Corporation Limited to Report Q1, 2024 Results on Aug 05, 2023 JMG Corporation Limited announced that they will report Q1, 2024 results on Aug 05, 2023 Reported Earnings • May 31
Full year 2023 earnings released: ₹0.14 loss per share (vs ₹0.69 loss in FY 2022) Full year 2023 results: ₹0.14 loss per share (improved from ₹0.69 loss in FY 2022). Revenue: ₹38.7m (up 73% from FY 2022). Net loss: ₹3.21m (loss narrowed 80% from FY 2022). Reported Earnings • May 28
Full year 2023 earnings released: ₹0.14 loss per share (vs ₹0.69 loss in FY 2022) Full year 2023 results: ₹0.14 loss per share (improved from ₹0.69 loss in FY 2022). Revenue: ₹38.7m (up 73% from FY 2022). Net loss: ₹3.21m (loss narrowed 80% from FY 2022). Announcement • May 20
JMG Corporation Limited to Report Q4, 2023 Results on May 26, 2023 JMG Corporation Limited announced that they will report Q4, 2023 results on May 26, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: ₹0.05 loss per share (vs ₹0.11 loss in 3Q 2022) Third quarter 2023 results: ₹0.05 loss per share (improved from ₹0.11 loss in 3Q 2022). Revenue: ₹15.0m (up 345% from 3Q 2022). Net loss: ₹1.16m (loss narrowed 56% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Feb 02
JMG Corporation Limited to Report Q3, 2023 Results on Feb 10, 2023 JMG Corporation Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Announcement • Sep 30
JMG Corporation Limited Announces Board Changes JMG Corporation Limited approved the resignation of Director, Mr. Vikrant Agrawal, at its Annual General Meeting held on 27th day of September, 2022. Announcement • Sep 02
JMG Corporation Limited, Annual General Meeting, Sep 27, 2022 JMG Corporation Limited, Annual General Meeting, Sep 27, 2022, at 12:00 Indian Standard Time. Board Change • Aug 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Satish Charan Patne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 28
JMG Corporation Limited to Report Q1, 2023 Results on Aug 04, 2022 JMG Corporation Limited announced that they will report Q1, 2023 results on Aug 04, 2022 Board Change • Jul 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Satish Charan Patne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Satish Charan Patne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Satish Charan Patne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 04
JMG Corporation Limited to Report Q3, 2022 Results on Feb 11, 2022 JMG Corporation Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Board Change • Jan 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Satish Charan Patne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Satish Charan Patne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Satish Charan Patne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • Aug 26
Chairman Pramod Nanda has left the company On the 18th of August, Pramod Nanda's tenure as Chairman ended after 32.3 years in the role. As of June 2021, Pramod still personally held only 1.94m shares (₹1.9m worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.75 years. Board Change • Aug 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Additional Independent Director Satish Charan Patne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • Mar 21
Independent Director has left the company On the 17th of March, Avantsa Krishna's tenure as Independent Director ended after 8.6 years in the role. We don't have any record of a personal shareholding under Avantsa's name. Avantsa is the only executive to leave the company over the last 12 months. Announcement • Mar 19
Jmg Corporation Limited Approves Resignation of Avantsa Krishna as Independent Director JMG Corporation Limited approved the resignation of Mr. Avantsa Krishna, Independent Director of the company with effect from March 17, 2021 due to personal and unavoidable circumstances at its board meeting held on March 17, 2021. Is New 90 Day High Low • Mar 08
New 90-day low: ₹0.91 The company is down 4.0% from its price of ₹0.95 on 08 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 22% over the same period. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹0.39 loss per share (vs ₹0.023 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: ₹20.9m (up ₹20.3m from 3Q 2020). Net loss: ₹7.78m (loss widened ₹7.32m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 86% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Feb 07
JMG Corporation Limited to Report Q3, 2021 Results on Feb 13, 2021 JMG Corporation Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 13
New 90-day high: ₹1.15 The company is up 29% from its price of ₹0.89 on 14 October 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Professional Services industry, which is up 31% over the same period. Is New 90 Day High Low • Dec 22
New 90-day high: ₹1.00 The company is up 9.0% from its price of ₹0.92 on 21 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 24% over the same period. Announcement • Aug 06
JMG Corporation Limited to Report Q1, 2021 Results on Aug 11, 2020 JMG Corporation Limited announced that they will report Q1, 2021 results on Aug 11, 2020