New Risk • Jun 11
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 10% 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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (₹1.57b market cap, or US$16.4m). Reported Earnings • May 23
Full year 2026 earnings released: EPS: ₹8.59 (vs ₹5.35 in FY 2025) Full year 2026 results: EPS: ₹8.59 (up from ₹5.35 in FY 2025). Revenue: ₹8.55b (up 28% from FY 2025). Net income: ₹102.8m (up 64% from FY 2025). Profit margin: 1.2% (up from 0.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹117, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 19x in the Specialty Retail industry in India. Total loss to shareholders of 40% over the past three years. Buy Or Sell Opportunity • May 19
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at ₹129. The fair value is estimated to be ₹163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 52%. Announcement • May 14
Jay Jalaram Technologies Limited to Report Second Half, 2026 Results on May 21, 2026 Jay Jalaram Technologies Limited announced that they will report second half, 2026 results on May 21, 2026 Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹146, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 20x in the Specialty Retail industry in India. Total loss to shareholders of 21% over the past three years. New Risk • Apr 22
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 8.8% 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: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹1.73b market cap, or US$18.5m). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹99.50, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 17x in the Specialty Retail industry in India. Total loss to shareholders of 52% over the past three years. Board Change • Apr 01
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. 5 experienced directors. 1 highly experienced director. Independent Director Miteshkumar Mehta was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Feb 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to ₹121. The fair value is estimated to be ₹154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 52%. Buy Or Sell Opportunity • Nov 19
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 47% to ₹187. The fair value is estimated to be ₹153, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 52%. Announcement • Nov 13
Jay Jalaram Technologies Limited to Report First Half, 2026 Results on Nov 17, 2025 Jay Jalaram Technologies Limited announced that they will report first half, 2026 results on Nov 17, 2025 Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹183, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 31x in the Specialty Retail industry in India. Total loss to shareholders of 1.3% over the past three years. Announcement • Sep 05
Jay Jalaram Technologies Limited, Annual General Meeting, Sep 30, 2025 Jay Jalaram Technologies Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time. Location: showroom 6, videocon arizona, opp. gujarat vidyapith, gujarat 380014, ahmedabad India Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹144, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 29x in the Specialty Retail industry in India. Total returns to shareholders of 175% over the past three years. New Risk • Jul 23
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 6.9% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (42% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹1.52b market cap, or US$17.6m). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹118, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 33x in the Specialty Retail industry in India. Total loss to shareholders of 82% over the past year. Board Change • May 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. 4 non-independent directors. Independent Director Miteshkumar Mehta was the last independent director to join the board, commencing their role in 2023. 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 • Mar 28
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹158, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 33x in the Specialty Retail industry in India. Total loss to shareholders of 50% over the past year. Board Change • Mar 06
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. Independent Director Miteshkumar Mehta was the last independent director to join the board, commencing their role in 2023. 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 • Dec 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹351, the stock trades at a trailing P/E ratio of 56.8x. Average trailing P/E is 53x in the Specialty Retail industry in India. Total loss to shareholders of 7.7% over the past year. New Risk • Dec 17
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 7.6% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (69% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹4.19b market cap, or US$49.3m). Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹380, the stock trades at a trailing P/E ratio of 61.5x. Average trailing P/E is 48x in the Specialty Retail industry in India. Total loss to shareholders of 8.2% over the past year. Announcement • Sep 16
Jay Jalaram Technologies Limited, Annual General Meeting, Sep 30, 2024 Jay Jalaram Technologies Limited, Annual General Meeting, Sep 30, 2024, at 11:30 Indian Standard Time. Location: office no.103, shail`s mall, b/h girish cold rink, shilp, char rasta, c.g.road, navrangpura, ahmedabad-380009, ahmedabad India Recent Insider Transactions • Jun 21
Additional Independent Director recently sold ₹2.2m worth of stock On the 18th of June, Miteshkumar Mehta sold around 4k shares on-market at roughly ₹555 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.2m more than they bought in the last 12 months. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹3.65 (vs ₹2.55 in FY 2023) Full year 2024 results: EPS: ₹3.65 (up from ₹2.55 in FY 2023). Revenue: ₹5.43b (up 118% from FY 2023). Net income: ₹40.7m (up 62% from FY 2023). Profit margin: 0.7% (down from 1.0% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • May 30
Jay Jalaram Technologies Limited to Report Fiscal Year 2024 Results on May 29, 2024 Jay Jalaram Technologies Limited announced that they will report fiscal year 2024 results on May 29, 2024 New Risk • May 27
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 Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (33% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (₹4.87b market cap, or US$58.6m). Recent Insider Transactions • Jan 06
Additional Independent Director recently sold ₹780k worth of stock On the 3rd of January, Miteshkumar Mehta sold around 2k shares on-market at roughly ₹390 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 13
First half 2024 earnings released: EPS: ₹0.20 (vs ₹0.71 in 1H 2023) First half 2024 results: EPS: ₹0.20 (down from ₹0.71 in 1H 2023). Revenue: ₹2.19b (up 88% from 1H 2023). Net income: ₹2.29m (down 71% from 1H 2023). Profit margin: 0.1% (down from 0.7% in 1H 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Sep 08
Full year 2023 earnings released: EPS: ₹2.55 (vs ₹1.46 in FY 2022) Full year 2023 results: EPS: ₹2.55 (up from ₹1.46 in FY 2022). Revenue: ₹2.49b (up 51% from FY 2022). Net income: ₹25.1m (up 196% from FY 2022). Profit margin: 1.0% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Reported Earnings • May 27
Full year 2023 earnings released: EPS: ₹2.55 (vs ₹3.13 in FY 2022) Full year 2023 results: EPS: ₹2.55. Revenue: ₹2.50b (up 36% from FY 2022). Net income: ₹25.1m (up 196% from FY 2022). Profit margin: 1.0% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ashwin Shah was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Sep 09
Jay Jalaram Technologies Limited has completed an IPO in the amount of INR 108 million. Jay Jalaram Technologies Limited has completed an IPO in the amount of INR 108 million.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,425,000
Price\Range: INR 36
Discount Per Security: INR 0.8316
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,575,000
Price\Range: INR 36
Discount Per Security: INR 0.8316
Transaction Features: Regulation S Board Change • Sep 08
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ashwin Shah was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.