JSL Industries Ltd
Incorporated in 1966, JSL Industries Ltd
does manufacturing of engineering goods
- Market Cap ₹ 107 Cr.
- Current Price ₹ 910
- High / Low ₹ 1,600 / 850
- Stock P/E 32.5
- Book Value ₹ 398
- Dividend Yield 0.00 %
- ROCE 9.93 %
- ROE 7.10 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 2.60% over past five years.
- Company has a low return on equity of 12.6% over last 3 years.
- Earnings include an other income of Rs.2.00 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 54.97 | 47.73 | 44.48 | 47.34 | 54.78 | 48.45 | 49.13 | 54.92 | 48.51 | 50.74 | 53.08 | 55.85 | |
| 50.60 | 44.58 | 41.69 | 44.68 | 51.74 | 45.90 | 44.44 | 50.57 | 43.74 | 46.29 | 49.13 | 51.69 | |
| Operating Profit | 4.37 | 3.15 | 2.79 | 2.66 | 3.04 | 2.55 | 4.69 | 4.35 | 4.77 | 4.45 | 3.95 | 4.16 |
| OPM % | 7.95% | 6.60% | 6.27% | 5.62% | 5.55% | 5.26% | 9.55% | 7.92% | 9.83% | 8.77% | 7.44% | 7.45% |
| 0.82 | 0.19 | 0.32 | 0.24 | 0.26 | 0.61 | 0.53 | 0.98 | 2.40 | 5.45 | 5.40 | 2.00 | |
| Interest | 1.35 | 1.01 | 0.80 | 0.93 | 0.91 | 0.78 | 0.57 | 0.59 | 0.58 | 0.40 | 0.45 | 0.40 |
| Depreciation | 1.74 | 1.60 | 1.61 | 1.62 | 1.68 | 1.61 | 1.21 | 1.00 | 1.06 | 1.11 | 1.28 | 1.32 |
| Profit before tax | 2.10 | 0.73 | 0.70 | 0.35 | 0.71 | 0.77 | 3.44 | 3.74 | 5.53 | 8.39 | 7.62 | 4.44 |
| Tax % | 24.29% | 32.88% | 28.57% | 42.86% | 54.93% | 59.74% | 29.94% | 26.20% | 37.79% | 26.58% | 15.35% | 25.68% |
| 1.59 | 0.50 | 0.51 | 0.20 | 0.32 | 0.31 | 2.40 | 2.76 | 3.44 | 6.16 | 6.45 | 3.29 | |
| EPS in Rs | 14.24 | 4.48 | 4.57 | 1.70 | 2.73 | 2.64 | 20.44 | 23.51 | 29.30 | 52.47 | 54.95 | 28.03 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 3% |
| 3 Years: | 5% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 7% |
| 3 Years: | -2% |
| TTM: | -49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 41% |
| 3 Years: | 31% |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.12 | 1.12 | 1.12 | 1.17 | 1.17 | 1.17 | 1.17 | 1.17 | 1.17 | 1.17 | 1.17 | 1.17 |
| Reserves | 24.16 | 26.01 | 25.33 | 27.17 | 23.41 | 23.62 | 25.95 | 28.71 | 32.19 | 38.34 | 44.77 | 45.56 |
| 5.71 | 6.39 | 6.96 | 8.74 | 3.62 | 4.75 | 3.80 | 2.87 | 2.55 | 3.35 | 2.69 | 2.12 | |
| 17.63 | 12.54 | 15.32 | 14.29 | 14.47 | 13.82 | 12.23 | 11.61 | 11.34 | 12.72 | 12.87 | 14.71 | |
| Total Liabilities | 48.62 | 46.06 | 48.73 | 51.37 | 42.67 | 43.36 | 43.15 | 44.36 | 47.25 | 55.58 | 61.50 | 63.56 |
| 16.91 | 17.68 | 17.48 | 17.61 | 16.67 | 15.36 | 14.77 | 15.59 | 15.78 | 16.31 | 15.83 | 16.01 | |
| CWIP | 0.61 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 7.17 | 7.17 | 7.17 | 7.14 | 6.67 | 5.77 | 5.77 | 0.27 | 1.66 | 5.61 | 8.74 | 5.28 |
| 23.93 | 21.21 | 24.08 | 26.62 | 19.33 | 22.23 | 22.61 | 28.50 | 29.81 | 33.66 | 36.93 | 42.27 | |
| Total Assets | 48.62 | 46.06 | 48.73 | 51.37 | 42.67 | 43.36 | 43.15 | 44.36 | 47.25 | 55.58 | 61.50 | 63.56 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.98 | -0.11 | 0.90 | -1.72 | 4.99 | -2.27 | 1.24 | -4.72 | 0.73 | -2.06 | -0.16 | 8.53 | |
| 1.71 | -1.72 | -1.17 | -1.48 | -0.02 | 1.20 | -0.10 | 4.65 | -1.93 | -0.25 | 1.17 | 0.21 | |
| -1.34 | 2.13 | 0.29 | 3.19 | -4.88 | 0.97 | -0.61 | -0.46 | 1.20 | 2.31 | -1.02 | -8.75 | |
| Net Cash Flow | 1.36 | 0.30 | 0.01 | -0.01 | 0.09 | -0.10 | 0.54 | -0.53 | 0.01 | -0.01 | 0.00 | 0.00 |
| Free Cash Flow | 2.53 | -1.99 | -0.45 | -3.47 | 4.24 | -2.59 | 0.68 | -6.54 | -0.47 | -3.40 | -0.95 | 7.01 |
| CFO/OP | 38% | 6% | 44% | -61% | 178% | -76% | 47% | -84% | 27% | -21% | 24% | 234% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 46.88 | 36.86 | 46.45 | 56.36 | 33.18 | 35.56 | 21.25 | 28.71 | 24.45 | 17.70 | 28.61 | 21.96 |
| Inventory Days | 89.44 | 93.91 | 130.17 | 135.08 | 87.49 | 84.35 | 129.89 | 95.15 | 136.61 | 134.06 | 150.48 | 162.09 |
| Days Payable | 108.02 | 112.10 | 141.19 | 122.08 | 84.38 | 100.36 | 86.72 | 37.57 | 49.55 | 51.62 | 40.54 | 54.35 |
| Cash Conversion Cycle | 28.30 | 18.67 | 35.43 | 69.37 | 36.29 | 19.55 | 64.41 | 86.29 | 111.52 | 100.14 | 138.55 | 129.70 |
| Working Capital Days | -5.98 | -11.47 | 11.49 | 47.88 | 38.18 | 58.54 | 76.89 | 108.13 | 131.60 | 162.00 | 183.94 | 142.47 |
| ROCE % | 9.09% | 5.49% | 4.06% | 3.60% | 4.93% | 5.40% | 13.03% | 13.57% | 17.83% | 22.17% | 17.60% | 9.93% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Motors and Pumps Division Net Sales Rs Lakhs |
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| Order Book (Pending Orders) Rs Lakhs |
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| Switchgear Division Net Sales Rs Lakhs |
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| Total Permanent Employees (Manpower) count |
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| 66 kV Instrument Transformers Supplied nos. |
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| Instrument Transformer Division Revenue Rs Lakhs |
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Extracted by Screener AI
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Outcome of AGM 16h
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Jul
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
24 Jun - Notice relating to shares due for transfer to IEPF
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
23 Jun - Company Secretary and Compliance Officer Yogiraj Hemant Atre resigned effective September 19, 2026.
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Closure of Trading Window
23 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.
Annual reports
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Financial Year 2026
from bse
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
Company Background[1][2]
JSL Industries Limited was established in 1966 as a subsidiary of Jyoti Ltd. to manufacture and supply engineering products and components. In 2006, JEM Industries Ltd. and Jyoti Pumps & Electricals Ltd. were amalgamated with the company.