Jaro Institute of Technol. Mgt. and Research Ltd
Incorporated in 2009, Jaro Institute of Technology Management and Research Ltd is an online higher education and upskilling company.[1]
- Market Cap ₹ 1,169 Cr.
- Current Price ₹ 525
- High / Low ₹ 890 / 384
- Stock P/E 29.5
- Book Value ₹
- Dividend Yield 0.95 %
- ROCE 40.2 %
- ROE 40.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.7%
Cons
* 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 Other Consumer Services E-Learning
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 53 | 48 | 85 | 122 | 199 | |
| 57 | 48 | 77 | 98 | 136 | |
| Operating Profit | -4 | -0 | 8 | 24 | 63 |
| OPM % | -7% | -1% | 10% | 20% | 31% |
| 2 | 4 | 30 | 3 | 1 | |
| Interest | 2 | 4 | 4 | 5 | 5 |
| Depreciation | 4 | 4 | 1 | 5 | 7 |
| Profit before tax | -8 | -6 | 33 | 16 | 52 |
| Tax % | 30% | 30% | 8% | 27% | 27% |
| -10 | -7 | 30 | 12 | 38 | |
| EPS in Rs | -4.18 | -5.05 | 19.85 | 7.70 | 25.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 61% |
| TTM: | 63% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 93% |
| TTM: | 250% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 28% |
| Last Year: | 41% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 |
| Reserves | 20 | 12 | 42 | 63 | 102 |
| 32 | 35 | 25 | 54 | 41 | |
| 18 | 20 | 27 | 44 | 44 | |
| Total Liabilities | 85 | 83 | 108 | 176 | 202 |
| 19 | 20 | 8 | 29 | 17 | |
| CWIP | 1 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 65 | 63 | 101 | 147 | 184 | |
| Total Assets | 85 | 83 | 108 | 176 | 202 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -15 | -14 | 9 | 3 | -17 | |
| -12 | 2 | 4 | -8 | 47 | |
| 25 | 7 | -7 | -5 | -19 | |
| Net Cash Flow | -2 | -5 | 5 | -10 | 12 |
| Free Cash Flow | -22 | -18 | 8 | -0 | -17 |
| CFO/OP | 392% | 2,780% | 108% | 46% | -8% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 115 | 109 | 34 | 24 | 21 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 115 | 109 | 34 | 24 | 21 |
| Working Capital Days | 76 | -34 | 87 | 90 | 150 |
| ROCE % | -2% | 15% | 19% | 40% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Average Revenue Per User (ARPU) INR |
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| Customer Acquisition Cost (CAC) INR per learner |
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| Gross Bookings INR Lakhs |
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| Number of Admissions learners |
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| Number of Offices & Studios count |
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| Number of Partner Institutions count |
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| Return on Performance Marketing Spend (ROPM) x |
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| Degree Program Completion Rate % |
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Extracted by Screener AI
Documents
Announcements
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Web-Link To The Notice Of The 17Th Annual General Meeting Of The Company And Annual Report For The Financial Year 2025-26.
8 Jul - 17th AGM on July 28, 2026 at 2:30 PM via VC/OAVM; annual report 2025-26 web link shared.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Jul - Enclosed herewith is the Newspaper Advertisement for the 17th Annual General Meeting published today, i.e. Wednesday, July 08, 2026, in the Newspaper viz. The Free …
- Reg. 34 (1) Annual Report. 6 Jul
- Record Date For Determining Members Eligible To Receive Dividend For The Financial Year 2025-26 6 Jul
- Notice Of 17Th Annual General Meeting (''AGM'') Of The Company To Be Held On Tuesday, July 28, 2026, And Intimation Regarding Record Date. 6 Jul
Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT REC
Business Overview:[1]
JITMRL is an online higher education and upskilling platform offering a wide range of degree programs—such as DBA, MBA, M.Com, M.A., PGDM, MCA, M.Sc., B.Com, BCA—and cross-disciplinary certification courses. It partners with 36 institutions, including 16 Tier-1 universities (notably 7 IIMs and 7 IITs) and 15 Tier-2 universities, ensuring strong academic collaboration.