Joindre Capital Services Ltd
Incorporated in 1995, Joindre Capital Services Ltd is engaged in business of stock broking, proprietary trading & allied activities
- Market Cap ₹ 58.3 Cr.
- Current Price ₹ 42.2
- High / Low ₹ 66.0 / 38.9
- Stock P/E 7.43
- Book Value ₹ 58.9
- Dividend Yield 4.74 %
- ROCE 17.4 %
- ROE 13.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.72 times its book value
- Stock is providing a good dividend yield of 4.74%.
- Company has been maintaining a healthy dividend payout of 216%
- Debtor days have improved from 89.5 to 55.4 days.
Cons
- Company has a low return on equity of 6.69% over last 3 years.
- Contingent liabilities of Rs.30.3 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
Financial Services Financial Services Capital Markets Stockbroking & Allied
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16.99 | 25.79 | 21.88 | 24.37 | 31.54 | 23.17 | 20.80 | 28.18 | 37.56 | 28.97 | 41.51 | 48.34 | 40.11 | |
| 13.53 | 19.49 | 18.11 | 20.08 | 24.47 | 19.77 | 18.69 | 22.82 | 28.70 | 23.53 | 30.16 | 33.18 | 28.27 | |
| Operating Profit | 3.46 | 6.30 | 3.77 | 4.29 | 7.07 | 3.40 | 2.11 | 5.36 | 8.86 | 5.44 | 11.35 | 15.16 | 11.84 |
| OPM % | 20.36% | 24.43% | 17.23% | 17.60% | 22.42% | 14.67% | 10.14% | 19.02% | 23.59% | 18.78% | 27.34% | 31.36% | 29.52% |
| 0.05 | 0.00 | -0.01 | 4.21 | 0.46 | 0.60 | 0.06 | 0.00 | 0.57 | 0.00 | -7.01 | 0.14 | 0.28 | |
| Interest | 0.45 | 0.64 | 0.62 | 0.44 | 0.40 | 0.38 | 0.43 | 0.54 | 1.05 | 0.70 | 0.66 | 1.26 | 0.61 |
| Depreciation | 0.24 | 0.23 | 0.20 | 0.13 | 0.09 | 0.20 | 0.14 | 0.16 | 0.31 | 0.47 | 0.56 | 0.67 | 0.64 |
| Profit before tax | 2.82 | 5.43 | 2.94 | 7.93 | 7.04 | 3.42 | 1.60 | 4.66 | 8.07 | 4.27 | 3.12 | 13.37 | 10.87 |
| Tax % | 31.21% | 30.94% | 32.31% | 32.16% | 15.34% | 27.49% | 26.25% | 28.97% | 21.93% | 27.63% | 84.29% | 25.50% | |
| 1.94 | 3.75 | 2.00 | 5.39 | 5.96 | 2.48 | 1.19 | 3.31 | 6.30 | 3.08 | 0.49 | 9.96 | 7.85 | |
| EPS in Rs | 1.40 | 2.71 | 1.45 | 3.90 | 4.31 | 1.79 | 0.86 | 2.39 | 4.55 | 2.23 | 0.35 | 7.20 | 5.67 |
| Dividend Payout % | 0.00% | 27.68% | 41.52% | 19.26% | 17.42% | 41.85% | 69.78% | 41.81% | 27.46% | 56.17% | 564.90% | 27.79% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 18% |
| 3 Years: | 9% |
| TTM: | -23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 53% |
| 3 Years: | 16% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 19% |
| 3 Years: | 11% |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 |
| Reserves | 29.51 | 31.91 | 32.91 | 37.04 | 43.00 | 46.55 | 46.00 | 50.46 | 55.56 | 57.50 | 58.11 | 65.31 | 67.68 |
| 0.00 | 0.00 | 0.82 | 0.00 | 0.00 | 0.00 | 0.00 | 9.50 | 5.12 | 4.45 | 14.80 | 1.02 | 16.46 | |
| 17.35 | 21.69 | 18.65 | 20.79 | 26.18 | 26.75 | 32.12 | 40.81 | 57.38 | 35.78 | 86.69 | 65.44 | 85.47 | |
| Total Liabilities | 60.70 | 67.44 | 66.22 | 71.67 | 83.02 | 87.14 | 91.96 | 114.61 | 131.90 | 111.57 | 173.44 | 145.61 | 183.45 |
| 0.84 | 0.50 | 0.50 | 0.41 | 0.44 | 0.47 | 0.50 | 0.43 | 1.90 | 1.78 | 1.56 | 1.83 | 1.11 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.36 | 5.17 | 5.20 | 5.20 | 4.19 | 5.95 | 7.43 | 10.40 | 8.43 | 16.59 | 10.19 | 10.28 | 10.33 |
| 55.50 | 61.77 | 60.52 | 66.06 | 78.39 | 80.72 | 84.03 | 103.78 | 121.57 | 93.20 | 161.69 | 133.50 | 172.01 | |
| Total Assets | 60.70 | 67.44 | 66.22 | 71.67 | 83.02 | 87.14 | 91.96 | 114.61 | 131.90 | 111.57 | 173.44 | 145.61 | 183.45 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.17 | 4.00 | -6.24 | 5.34 | 3.32 | -2.50 | 0.85 | 21.28 | 9.95 | -26.44 | 12.82 | -5.44 | |
| 2.96 | -2.47 | 4.56 | 4.09 | -4.73 | 5.00 | 2.19 | 3.98 | 8.83 | -2.69 | 16.79 | 12.01 | |
| -0.45 | -0.64 | -1.05 | -2.26 | -1.50 | -1.48 | -1.53 | -1.20 | -2.09 | -2.84 | 8.11 | -17.89 | |
| Net Cash Flow | 2.34 | 0.89 | -2.73 | 7.18 | -2.90 | 1.02 | 1.50 | 24.05 | 16.69 | -31.97 | 37.71 | -11.31 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 83.14 | 56.89 | 92.92 | 55.27 | 106.82 | 105.23 | 154.42 | 64.24 | 50.53 | 130.28 | 82.92 | 55.35 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 83.14 | 56.89 | 92.92 | 55.27 | 106.82 | 105.23 | 154.42 | 64.24 | 50.53 | 130.28 | 82.92 | 55.35 |
| Working Capital Days | -245.55 | -235.50 | -218.70 | -246.08 | -186.09 | -134.06 | -203.73 | -313.58 | -401.05 | -176.89 | -406.77 | -348.01 |
| ROCE % | 7.60% | 13.63% | 7.65% | 17.00% | 13.81% | 6.48% | 3.38% | 7.78% | 12.30% | 6.61% | 13.28% | 17.36% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
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| Percentage of Equity Shares in Demat Form % |
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| Total Number of Shareholders Number |
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Documents
Announcements
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Disclosure Under Regulation 7(3) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 As Amended ('SEBI Insider Trading Regulations') - Continual Disclosure.
23 Feb - Neeraj Mutha HUF received 21,000 shares; Dev Mutha received 18,000 shares via gift on 19-Feb-2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Feb - Of Company at its meeting held on Saturday, 14th February, 2026 considered and approved the unaudited Financial Results (both standalone and consolidated) of the Company …
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Unaudited Financial Results For The Quarter/Nine Months Ended 31St December, 2025
14 Feb - Unaudited results to 31-Dec-2025: revenue ~Rs989L, consolidated net profit Rs165.68L.
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Board Meeting Outcome for Unaudited Financial Results For The Quarter/Nine Months Ended 31St December, 2025
Ref: Regulation 30, 33 And 51 Of SEBI (LODR) Regulations 2015
14 Feb - Unaudited Q3 & 9M results ended 31-12-2025: standalone Q3 net profit Rs166.18L; 9M Rs575.35L.
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Board Meeting Intimation for NOTICE OF BOARD MEETING PURSUANT TO REGULATION 29 OF SEBI (LISTING OBLIGATION & DISCLOURE REQUIREMENT) REGULATION 2015
7 Feb - Board meeting on 14 Feb 2026 to approve unaudited quarter results ended 31 Dec 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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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
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Financial Year 2011
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Registrations:[1]
Company is registered with SEBI under the Stock Brokers and Sub-Brokers Regulations. Company has a Trading-cum-Clearing Membership of BSE Ltd in their Cash and Derivative segment and NSE Ltd in their Cash, Derivative, Currency Derivative segment. Company is also registered with CDSL as a Depository Participant.