As of 6 Nov 2026, Jhaveri Credits and Capital is loss-making on a trailing 12-month basis, with a net loss of ₹6.25 Cr, so it has no P/E ratio. The share price is ₹175.50, 28% below its 52-week high. Sales grew 114% a year over 3 years. It carries very little debt. It is a small-cap company with a market cap of ₹195 Cr, ranked 60th of 219 Capital Markets companies by market cap; the shares fell 8.5% over the past year.
- ₹184.90
- ₹184.90
- ₹172.00
- ₹178.75
- 273
Health check
- ReturnsBehind
−8.5% over a year, better than 1 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthUnder pressure
Sales +114.1%, profit +35.5% a year over 3 years, but loss-making now.
- ProfitabilityWeak
ROCE 1.3% vs peer median 22.1%.
- Balance sheetFair
Debt 0.07× equity, interest covered 33.6×, Piotroski 4 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹195 Cr
- Small cap
- P/E
- 74.4
- Industry 18.4
- Price to book
- 1.65
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- −5.7%
- Peers 18.9%
- ROCE
- 1.3%
- Peers 22.1%
- Debt to equity
- 0.07
- Debt ₹8.10 Cr
- EPS (TTM)
- ₹2.36
- OPM (TTM)
- −0.6%
- Net margin −7.7%
- Sales growth
- +45.5%
- Latest quarter vs a year ago
- Profit growth
- −121.5%
- Latest quarter vs a year ago
- Price to sales
- 2.40
- EV/EBITDA −18.3
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 45.5% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −5.7%.
- Quarterly profit down 121.5% on a year ago.
- Interest coverage of only −40.6×.
About Jhaveri Credits and Capital
Jhaveri Credits and Capital Limited engages in the investment and trading of solar equipment and related products business in India. The company offers inverters, cables and other electronic accessories as well as trading, exports, and imports solar panels. It also engages in the investment in shares, stock and securities etc. Jhaveri Credits and Capital was incorporated in 1993 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Employees
- 70
- Sector
- Financial Services
- ISIN
- INE865D01012
- Website
- jhavericredits.com
Price range
- Avg volume (3M)
- 6.9K
- 1-year return
- minus 8.5%
- From 52-week high
- minus 27.8%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 63.8% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.54% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 35.3% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| JHACCJhaveri Credits and Capital | 175.50 | minus 1.82% | 195 | 74.4 | 1.65 | 1.3% | 1.7% | −0.6% | 114.1% | 35.5% | 0.00% | minus 8.5% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 51.3% | 28.2% | 22.2% | 0.54% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 11.7 | 22.4 | 16.5 | 47.8 | 17.1 | |
| 5.6 | 20.9 | 18 | 45.7 | 19.7 | |
| 6.2 | 1.4 | −1.5 | 2.1 | −2.7 | |
| 52.5% | 6.4% | −8.8% | 4.3% | −15.5% | |
| 1.3 | 0.4 | 1.7 | 2.1 | 1.7 | |
| 0 | – | 0.1 | 0.2 | 0.2 | |
| 0.4 | 0.2 | 0.3 | 0.6 | 0.4 | |
| – | – | – | −0.8 | – | |
| 7 | 1.7 | −0.1 | 2.6 | −1.5 | |
| 2.5% | 25.9% | – | −12.1% | – | |
| 6.9 | 1.2 | −0.1 | 2.9 | −1.5 | |
| 6.48 | 1.30 | -0.12 | 2.51 | -1.33 |
Profit & loss
- Sales CAGR 3Y
- +114.1%
- Profit CAGR 3Y
- +35.5%
- EPS CAGR 3Y
- +10.8%
- ROE
- −5.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.4 | 25.8 | 90.9 | 112 | |
| – | +127.0% | +251.8% | +23.0% | |
| 10.7 | 23.7 | 90.4 | 114 | |
| 0.6 | 2.2 | 0.5 | −2 | |
| 5.7% | 8.4% | 0.5% | −1.8% | |
| 0.3 | 0.4 | 4.5 | 5.8 | |
| 0.2 | 0 | 0.1 | 0 | |
| 0 | 0.1 | 0.8 | 2 | |
| 0.1 | 0.2 | −0.1 | −0 | |
| 0.8 | 2.6 | 3.9 | 1.6 | |
| 4.1% | 37.9% | 15.8% | −20.7% | |
| 0.8 | 1.6 | 3.3 | 2 | |
| – | +105.0% | +105.8% | minus 41.1% | |
| 1.22 | 1.79 | 3.13 | 1.66 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.5 | 9 | 10.6 | 11.1 | |
| 1.8 | 76.4 | 97.3 | 109 | |
| – | 0.9 | 0.5 | 10.1 | |
| 0.8 | 1.4 | 13.9 | 8.8 | |
| 9.1 | 87.7 | 122 | 139 | |
| 0 | 1.3 | 4.5 | 8.5 | |
| 0.1 | – | 1.5 | 10.7 | |
| 0.1 | 75.8 | 41.3 | 20.6 | |
| 8.8 | 10.5 | 75.1 | 99.4 | |
| 9.1 | 87.7 | 122 | 139 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2 | −7.9 | −0.2 | −4.7 | |
| 6.9 | 74 | −34.2 | −30 | |
| −9 | 9.5 | −2.3 | 13.8 | |
| −0.1 | 75.7 | −36.7 | −20.9 | |
| – | −1.5 | −3.7 | −0.1 | |
| 2 | −9.4 | −3.9 | −4.8 |
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.