Jet Freight Logistics Ltd
Jet Freight Logistics Limited provides logistics services such as freight forwarding services, along with custom clearance service majorly for perishable cargo through air, ocean and land transport. [1]
- Market Cap ₹ 89.4 Cr.
- Current Price ₹ 18.9
- High / Low ₹ 21.4 / 10.4
- Stock P/E 22.0
- Book Value ₹ 14.5
- Dividend Yield 0.00 %
- ROCE 11.1 %
- ROE 6.08 %
- Face Value ₹ 5.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.82% over past five years.
- Company has a low return on equity of 1.72% over last 3 years.
- Contingent liabilities of Rs.54.1 Cr.
- Promoters have pledged 26.2% of their holding.
* 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
Services Services Transport Services Logistics Solution Provider
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 252 | 344 | 304 | 352 | 461 | 426 | 401 | 442 | 431 | |
| 242 | 329 | 309 | 343 | 450 | 419 | 395 | 428 | 418 | |
| Operating Profit | 11 | 14 | -5 | 9 | 11 | 8 | 6 | 14 | 13 |
| OPM % | 4% | 4% | -2% | 3% | 2% | 2% | 2% | 3% | 3% |
| 0 | 0 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | |
| Interest | 3 | 4 | 5 | 4 | 4 | 5 | 6 | 7 | 8 |
| Depreciation | 1 | 1 | 1 | 2 | 3 | 3 | 2 | 2 | 2 |
| Profit before tax | 8 | 10 | -10 | 3 | 5 | 0 | 0 | 6 | 7 |
| Tax % | 32% | 18% | -1% | 40% | 36% | 208% | -13% | 41% | |
| 5 | 8 | -10 | 2 | 3 | -0 | 0 | 4 | 4 | |
| EPS in Rs | 1.20 | 1.74 | -2.22 | 0.45 | 0.64 | -0.09 | 0.04 | 0.81 | 0.87 |
| Dividend Payout % | 0% | 1% | 0% | 0% | 4% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | -1% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 8% |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 11% |
| 1 Year: | 72% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 2% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 12 | 12 | 12 | 12 | 23 | 23 | 23 | 23 |
| Reserves | 16 | 18 | 8 | 12 | 15 | 41 | 38 | 41 | 44 |
| 29 | 43 | 37 | 31 | 49 | 61 | 56 | 65 | 64 | |
| 25 | 23 | 34 | 47 | 38 | 32 | 54 | 48 | 41 | |
| Total Liabilities | 75 | 96 | 91 | 101 | 114 | 157 | 170 | 177 | 172 |
| 12 | 15 | 14 | 29 | 31 | 31 | 27 | 27 | 26 | |
| CWIP | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 63 | 81 | 76 | 72 | 82 | 127 | 143 | 151 | 146 | |
| Total Assets | 75 | 96 | 91 | 101 | 114 | 157 | 170 | 177 | 172 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -1 | 13 | 10 | -11 | -37 | 15 | -2 | ||
| -8 | -1 | -1 | -4 | -3 | -6 | 1 | ||
| 10 | -11 | -10 | 14 | 43 | -11 | 1 | ||
| Net Cash Flow | 2 | 1 | -1 | -0 | 3 | -3 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 83 | 72 | 67 | 45 | 36 | 42 | 63 | 64 |
| Inventory Days | 0 | 0 | 0 | |||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 83 | 72 | 67 | 45 | 36 | 42 | 63 | 64 |
| Working Capital Days | 20 | 14 | -4 | -18 | -18 | -18 | -11 | 2 |
| ROCE % | 22% | -9% | 13% | 14% | 6% | 5% | 11% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Air Freight Tonnage Tons ・Standalone data |
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| Ocean Freight Volume TEU ・Standalone data |
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| Employee Count Number ・Standalone data |
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| Branch Offices (Domestic) Number ・Standalone data |
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| Air Freight: General Cargo Tons ・Standalone data |
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| Air Freight: Perishable Cargo Tons ・Standalone data |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
5 Mar - Dheeraj Chanigalla resigns as Deputy GM Sales - Air Export, effective April 29, 2026.
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Intimation Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015- Appointment Of Investors Relationship (IR) Agency.
26 Feb - Jet Freight appointed Finportal Investments Pvt Ltd as IR agency effective Feb 26, 2026.
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
26 Feb - Appointed Finportal Investments Pvt Ltd as IR agency effective February 26, 2026; investor email ir@jfll.com.
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General Announcement On The Participation In The Exhibition Of 'Air Cargo India 2026"
25 Feb - Participating at Air Cargo India 2026 (Feb 25–27) at Jio World, Booth D12 Pavilion 1.
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Shareholder Meeting / Postal Ballot-Outcome of EGM
20 Feb - EGM Feb 20, 2026 approved issuance of up to 40,457,750 convertible warrants on preferential basis.
** Business Overview:**[1]
Jet Freight Logistics Limited (JFLL) is an integrated logistics company offering end-to-end solutions across air, ocean, rail, and surface transportation. Its services span courier services, customs clearance, warehousing, etc. JFLL handles specialized logistics such as perishables, time-sensitive shipments, and hazardous cargo, serving over 150 countries daily with a capacity of 200+ tonnes of aircargo.