Jay Ambe Supermarkets Ltd
Incorporated in 2020, Jay Ambe Supermarkets Limited operates a chain of supermarkets engaged in trading FMCG products, groceries, home textiles, home décor, apparel, toys, gift articles, footwear, and other household items.[1]
- Market Cap ₹ 133 Cr.
- Current Price ₹ 150
- High / Low ₹ 188 / 78.8
- Stock P/E 44.6
- Book Value ₹ 35.2
- Dividend Yield 0.00 %
- ROCE 24.5 %
- ROE 26.0 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 29.4 days to 67.1 days
* 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
Consumer Discretionary Consumer Services Retailing Diversified Retail
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 22.39 | 32.69 | 33.39 | 47.35 | 59.69 | |
| 21.95 | 31.44 | 30.23 | 42.37 | 54.48 | |
| Operating Profit | 0.44 | 1.25 | 3.16 | 4.98 | 5.21 |
| OPM % | 1.97% | 3.82% | 9.46% | 10.52% | 8.73% |
| 0.00 | 0.00 | 0.03 | 0.05 | 0.05 | |
| Interest | 0.22 | 0.57 | 0.77 | 0.89 | 0.75 |
| Depreciation | 0.14 | 0.23 | 0.29 | 0.33 | 0.39 |
| Profit before tax | 0.08 | 0.45 | 2.13 | 3.81 | 4.12 |
| Tax % | 37.50% | 24.44% | 26.76% | 28.08% | |
| 0.05 | 0.35 | 1.55 | 2.75 | 2.99 | |
| EPS in Rs | 0.31 | 1.88 | 7.75 | 4.22 | 3.97 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 280% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 26% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1.60 | 1.73 | 2.00 | 6.52 | 8.88 |
| Reserves | -0.04 | 1.36 | 5.55 | 7.06 | 22.39 |
| 4.23 | 7.47 | 8.56 | 8.70 | 8.75 | |
| 3.32 | 6.22 | 5.91 | 4.50 | 5.62 | |
| Total Liabilities | 9.11 | 16.78 | 22.02 | 26.78 | 45.64 |
| 1.84 | 2.93 | 2.84 | 3.58 | 5.11 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 |
| 7.27 | 13.85 | 19.18 | 23.20 | 40.18 | |
| Total Assets | 9.11 | 16.78 | 22.02 | 26.78 | 45.64 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -0.91 | -3.11 | -1.67 | -3.05 | |
| -0.63 | -1.31 | -0.18 | -1.02 | |
| 1.39 | 3.87 | 3.24 | 2.65 | |
| Net Cash Flow | -0.16 | -0.55 | 1.39 | -1.41 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 7.99 | 1.79 | 26.45 | 13.34 |
| Inventory Days | 91.54 | 159.57 | 207.56 | 198.02 |
| Days Payable | 58.17 | 77.34 | 73.58 | 29.47 |
| Cash Conversion Cycle | 41.36 | 84.02 | 160.44 | 181.89 |
| Working Capital Days | -20.05 | -5.36 | 26.45 | 67.06 |
| ROCE % | 12.48% | 21.75% | 24.49% |
Documents
Announcements
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Non-Applicability Of Submission Of Related Party Disclosures For The Half Year Ended September 30, 2025
14 Nov - Reg 23(9) related-party disclosures not applicable for H1 ended Sep 30, 2025 due to SME listing.
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To Consider And Approve The Unaudited Financial Results For The Half Year Ended September 30,2025.
14 Nov - Board approved unaudited results for half-year ended Sep 30, 2025; limited review; ₹709.60 lakh IPO proceeds unutilized.
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Board Meeting Outcome for To Consider And Approve The Unaudited Financial Results For Half Year Ended September 30, 2025
14 Nov - Board approved H1 FY2026 unaudited results; limited review; Rs.709.60 lakh unutilized IPO proceeds as of Sep 30, 2025.
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Board Meeting Intimation for To Consider And Approve Un-Audited Financial Results Along With The Limited Review Report For Half Year Ended September 30, 2025.
10 Nov - Board meeting Nov 14, 2025 to consider unaudited H1 results (Sep 30, 2025); trading window closed.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
10 Nov - Jay M. Shah resigned; P K N & Co appointed subject to shareholders; committees reconstituted Nov 10, 2025.
Business profile[1][2]
Jay Ambe Supermarkets Limited operates its retail chain under the City Square Mart brand, which opened its first store in 2018 at Kudasan, Gandhinagar. As of now, it runs 17 stores across Gujarat with a total retail space of 96,876 sq. ft., following a lease rental model across COCO), FOCO and FOFO formats.