On 6 Oct 2026, Jet Solar was priced at ₹6.70, or 223.3× trailing earnings, and the shares are 63% below their 52-week high. It earns ROCE of 0.2% and ROE of 0.2%, and sales grew 6.0% a year over 3 years while net profit fell 14%, though net profit is above operating profit, which points to a one-off gain. The company has almost no debt. It is a small-cap company with a market cap of ₹7.96 Cr; the shares fell 39% over the past year.
- ₹6.70
- ₹6.70
- ₹6.70
- ₹6.70
- 4K
Health check
- ReturnsWeak
−39.1% over the past year.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSlow
Sales +6.0%, profit −14.4% a year over 3 years.
- ProfitabilityWeak
ROCE 0.2%.
- Balance sheetSolid
Practically debt-free.
- Red flags3 to check
Return on equity is low at 0.2%.
Small cap
Defensive
Key metrics
- Market cap
- ₹7.96 Cr
- Small cap
- P/E
- 223.3
- Price to book
- 0.38
- Book value ₹17.49
- Dividend yield
- 0.00%
- ROE
- 0.2%
- Return on equity
- ROCE
- 0.2%
- Return on capital employed
- Debt to equity
- 0.01
- Debt ₹0.30 Cr
- EPS (TTM)
- ₹0.03
- OPM (TTM)
- −600.1%
- Net margin 6.5%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 14.60
- EV/EBITDA 1.7
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Return on equity is low at 0.2%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 63% below its 52-week high.
About Jet Solar
Jet Solar Limited engages in the real estate development and construction business in India. The company is involved in residential and commercial projects. The company was formerly known as Jet Infraventure Limited and changed its name to Jet Solar Limited in October 2024. Jet Solar Limited was incorporated in 2001 and is headquartered in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 5
- Sector
- Real Estate
- ISIN
- INE155R01018
- Website
- jetsolarlimited.com
Price range
- Avg volume (3M)
- 7.8K
- 1-year return
- minus 39.1%
- From 52-week high
- minus 62.8%
Peers
We couldn’t find listed peers for this company.
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +6.0%
- Profit CAGR 3Y
- −14.4%
- ROE
- 0.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.5 | 0.4 | 0.5 | 0.5 | |
| – | minus 22.9% | +54.0% | +0.2% | |
| 0.5 | 0.5 | 1.2 | 0.8 | |
| −0.1 | −0.2 | −0.6 | −0.3 | |
| −16.4% | −45.3% | −114.9% | −54.7% | |
| 0.2 | 0.2 | 0.8 | 0.6 | |
| 0 | 0 | 0.1 | – | |
| 0 | 0 | 0 | 0 | |
| −0 | −0 | −0 | −0.2 | |
| 0.1 | 0.1 | 0.1 | 0 | |
| 0.1% | – | 29.3% | 26.7% | |
| 0.1 | 0.1 | 0 | 0 | |
| – | +5.9% | minus 37.0% | minus 6.1% | |
| 0.14 | 0.14 | 0.04 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.1 | 4.2 | 10.1 | 11.9 | |
| 3.5 | 1.5 | 7.8 | 8.9 | |
| 0.7 | 0.4 | 0.4 | 0.3 | |
| 1.2 | 1.1 | 4.4 | 1.1 | |
| 7.4 | 7.2 | 22.7 | 22.2 | |
| 0.1 | 0.1 | 0.1 | 0 | |
| – | 0 | – | – | |
| 0.4 | 0.1 | 10.5 | 10.8 | |
| 7 | 7.1 | 12.1 | 11.4 | |
| 7.4 | 7.2 | 22.7 | 22.2 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.3 | −0.3 | −2.5 | −4.2 | |
| 0.2 | 0.3 | −9.7 | 1.6 | |
| 0.3 | −0.3 | 12.1 | 2.9 | |
| 0.2 | −0.3 | −0 | 0.3 | |
| −0.3 | −0.3 | −2.5 | −4.2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.