Reported Earnings • May 11
Full year 2026 earnings released: EPS: ₹0.03 (vs ₹0.04 in FY 2025) Full year 2026 results: EPS: ₹0.03 (down from ₹0.04 in FY 2025). Revenue: ₹20.9m (up 284% from FY 2025). Net income: ₹352.0k (down 13% from FY 2025). Profit margin: 1.7% (down from 7.4% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • May 04
Jet Solar Limited to Report Second Half, 2026 Results on May 08, 2026 Jet Solar Limited announced that they will report second half, 2026 results on May 08, 2026 Reported Earnings • Nov 19
First half 2026 earnings released: EPS: ₹0.02 (vs ₹0.31 in 1H 2025) First half 2026 results: EPS: ₹0.02 (down from ₹0.31 in 1H 2025). Net income: ₹193.0k (down 91% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 31% per year. Announcement • Nov 08
Jet Solar Limited to Report Q2, 2026 Results on Nov 13, 2025 Jet Solar Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 25
Full year 2025 earnings released: EPS: ₹0.04 (vs ₹0.14 in FY 2024) Full year 2025 results: EPS: ₹0.04 (down from ₹0.14 in FY 2024). Revenue: ₹5.44m (up 54% from FY 2024). Net income: ₹404.0k (down 32% from FY 2024). Profit margin: 7.4% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Aug 22
Jet Solar Limited, Annual General Meeting, Sep 30, 2025 Jet Solar Limited, Annual General Meeting, Sep 30, 2025, at 10:30 Indian Standard Time. Location: office no.1, e wing, 1st floor, nandanvan apartment, kandivali link, rd. opp. laljipada police chowki, kandivali (w) - 400067, mumbai India Reported Earnings • May 23
Full year 2025 earnings released: EPS: ₹0.40 (vs ₹0.14 in FY 2024) Full year 2025 results: EPS: ₹0.40. Revenue: ₹13.1m (up 269% from FY 2024). Net income: ₹404.0k (down 32% from FY 2024). Profit margin: 3.1% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹25.81, the stock trades at a trailing P/E ratio of 67.7x. Average trailing P/E is 34x in the Real Estate industry in India. Total returns to shareholders of 151% over the past year. New Risk • Nov 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 28% Last year net profit margin: 50% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m (₹8.7m revenue, or US$103k). Market cap is less than US$10m (₹179.2m market cap, or US$2.12m). Minor Risk Profit margins are more than 30% lower than last year (28% net profit margin). Announcement • Oct 11
Jet Infraventure Limited announced that it has received INR 66.948 million in funding On October 9, 2024, Jet Infraventure Limited closed the transaction. The company issued 2,460,000 equity shares of face Value of INR 10 each at offer price of INR 21 for gross proceeds INR 51,660,000 and 2,912,000 Convertible Warrants to Non-Promoter at offer price of INR 5.25 per share for gross proceeds INR 15,288,000 for the aggregate gross proceeds of INR 66,948,000. The transaction has been approved by the board of directors of the company. New Risk • Aug 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Revenue is less than US$1m (₹3.5m revenue, or US$42k). Market cap is less than US$10m (₹71.9m market cap, or US$856.3k). Announcement • Jun 25
Jet Infraventure Limited Approves Appointment of Mr. Nirav Modi as Independent Director Jet Infraventure Limited announced that at its EGM held on June 25, 2024, shareholders approved the appointment of Mr. Nirav Modi as an Independent Director of the company. Board Change • Jun 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Dipesh Maru 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. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹20.35, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 32x in the Real Estate industry in India. Total loss to shareholders of 48% over the past three years. New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (₹6.0m revenue, or US$72k). Market cap is less than US$10m (₹64.9m market cap, or US$779.0k). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹14.23, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 30x in the Real Estate industry in India. Total loss to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹9.00, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 28x in the Real Estate industry in India. Total loss to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹12.05, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 29x in the Real Estate industry in India. Total loss to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹11.82, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 31x in the Real Estate industry in India. Total loss to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹11.30, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 28x in the Real Estate industry in India. Total loss to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹9.40, the stock trades at a trailing P/E ratio of 70.2x. Average trailing P/E is 30x in the Real Estate industry in India. Total loss to shareholders of 76% over the past year. Announcement • Sep 05
Jet Infraventure Limited, Annual General Meeting, Sep 30, 2023 Jet Infraventure Limited, Annual General Meeting, Sep 30, 2023, at 10:30 Indian Standard Time. Location: registered office of the Company at Office No.1, EWing, 151 Floor, Nandanvan Apartment, Kandivali Link Road, Opp. Laljipada Police Chowki, Kandivali (West), Mumbai 400067 Mumbai Maharashtra India Agenda: To receive, consider and adopt the audited Statements of Profit and Loss, Cash Flow Statement of the Company the year ended 31 March 2023 and the Balance Sheet as at 31 March 2023 and the Reports of the Directors and Auditors thereon; to appoint a Director in place of Mr. Rajul Shah who retires by rotation and being eligible offers himself for re-appointment; and to consider other matters. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹10.11, the stock trades at a trailing P/E ratio of 75.4x. Average trailing P/E is 28x in the Real Estate industry in India. Total loss to shareholders of 74% over the past three years. Board Change • Jul 21
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. Additional Independent Director Dipesh Maru 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. Reported Earnings • May 04
Full year 2023 earnings released: EPS: ₹0.27 (vs ₹0.098 in FY 2022) Full year 2023 results: EPS: ₹0.27 (up from ₹0.098 in FY 2022). Revenue: ₹6.38m (up 77% from FY 2022). Net income: ₹562.0k (up 37% from FY 2022). Profit margin: 8.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Board Change • Nov 16
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. Additional Independent Director Dipesh Maru 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 • Nov 05
Jet Infraventure Limited to Report Q2, 2023 Results on Nov 12, 2022 Jet Infraventure Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Board Change • Oct 27
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. Additional Independent Director Dipesh Maru 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 • Sep 07
Jet Infraventure Limited, Annual General Meeting, Sep 30, 2022 Jet Infraventure Limited, Annual General Meeting, Sep 30, 2022, at 10:30 Indian Standard Time. Location: Office No.1, E Wing,st Floor, Nandanvan Apartment, Kandivali Link Road, Opp. Laljipada Police Chowki, Kandivali (West), Mumbai 400067 Mumbai India Agenda: To consider and adopt the Audited financial statement of the Company for the Financial Year ended 31st March, 2022 and the reports of the Board of Directors and Auditors thereon; to appoint Mrs. Riddhi Shah (DIN: 08125676), who retires by rotation as a Director; to consider the Appointment of Mr. Dipesh Maru as an Independent Director of the Company; to consider the Re-appointment of Mr. Rajul Shah as a Managing Director of the Company; and to discuss other matters. Board Change • Jun 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. Additional Independent Director Dipesh Maru 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 • May 14
Jet Infraventure Limited to Report Second Half, 2022 Results on May 18, 2022 Jet Infraventure Limited announced that they will report second half, 2022 results on May 18, 2022 Board Change • Mar 14
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. Additional Independent Director Dipesh Maru 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 21
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. Additional Independent Director Dipesh Maru 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 30
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. Additional Independent Director Dipesh Maru 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 • Oct 07
Non-Executive Independent Director Darshan Mevada has left the company On the 1st of October, Darshan Mevada's tenure as Non-Executive Independent Director ended after 6.8 years in the role. As of June 2021, Darshan still personally held only 2.00k shares (₹160k worth at the time). Darshan is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.38 years. Board Change • Oct 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Non–Executive Independent Director Haresh Kothari was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Darshan Mevada was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 05
Jet Infraventure Limited to Report First Half, 2020 Results on Nov 11, 2020 Jet Infraventure Limited announced that they will report first half, 2020 results on Nov 11, 2020 
