JSL Industries Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹687.14Overvalued by 18.59%vs CMP ₹844.00

P/E (29.8) × ROE (7.1%) × BV (₹398.00) × DY (2.00%)

₹384.52Overvalued by 54.44%vs CMP ₹844.00
MoS: -119.5% (Negative)Confidence: 68/100 (Moderate)Models: All 9: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹638.3723%Over (-24.4%)
Graham NumberEarnings₹381.7016%Over (-54.8%)
Earnings PowerEarnings₹390.3911%Over (-53.7%)
DCFCash Flow₹142.3614%Over (-83.1%)
Net Asset ValueAssets₹397.987%Over (-52.8%)
EV/EBITDAEnterprise₹338.289%Over (-59.9%)
Earnings YieldEarnings₹162.707%Over (-80.7%)
ROCE CapitalReturns₹427.837%Over (-49.3%)
Revenue MultipleRevenue₹226.035%Over (-73.2%)
Consensus (9 models)₹384.52100%Overvalued
Key Drivers: Wide model spread (₹142–₹638) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -7.1%

*Investments are subject to market risks

Analyst Summary

JSL Industries Ltd operates in the Electric Equipment - General segment, NSE: JSLINDL | BSE: 504080, current market price is ₹844.00, market cap is 99.1 Cr.. At a glance, stock P/E is 29.8, ROE is 7.10 %, ROCE is 9.93 %, book value is 398, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹384.52, around 54.4% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹53 Cr versus the prior period change of 4.6%, while latest net profit is about ₹6 Cr with a prior-period change of 4.7%. The 52-week range shown on this page is 1,450/730, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisJSL Industries Ltd. is a Public Limited Listed company incorporated on 13/06/1966 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L31100…

This summary is generated from the stock page data available for JSL Industries Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

55
JSL Industries Ltd scores 55/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health66/100 · Strong
ROCE 9.9% AverageROE 7.1% AverageD/E 0.02 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
Promoter holding at 40.6% Stable
Earnings Quality40/100 · Moderate
OPM stable around 8% SteadyWorking capital: 184 days Capital intensive
Quarterly Momentum68/100 · Strong
Revenue (4Q): +13% YoY GrowingProfit (4Q): +19% YoY Positive
Industry Rank45/100 · Moderate
P/E 29.8 vs industry 60.2 Cheaper than peersROCE 9.9% vs industry 16.1% AverageROE 7.1% vs industry 14.6% Below peers3Y sales CAGR: -1% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 10:46 am

Market Cap 99.1 Cr.
Current Price 844
Intrinsic Value₹384.52
High / Low 1,450/730
Stock P/E29.8
Book Value 398
Dividend Yield0.00 %
ROCE9.93 %
ROE7.10 %
Face Value 10.0
PEG Ratio-4.20

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for JSL Industries Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
JSL Industries Ltd 99.1 Cr. 844 1,450/73029.8 3980.00 %9.93 %7.10 % 10.0
Cospower Engineering Ltd 366 Cr. 1,995 2,140/59528.1 2570.00 %38.2 %39.8 % 10.0
Aaron Industries Ltd 287 Cr. 137 250/10734.7 23.20.36 %18.7 %15.0 % 10.0
Continental Controls Ltd 9.22 Cr. 15.0 15.3/6.8324.3 3.270.00 %5.76 %6.30 % 10.0
Salzer Electronics Ltd 1,007 Cr. 569 953/48922.8 3270.44 %11.2 %9.55 % 10.0
Industry Average16,320.55 Cr711.4760.23110.220.25%16.07%14.62%6.47

All Competitor Stocks of JSL Industries Ltd

Quarterly Result

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales 12.5011.7614.4412.6513.8812.2513.9913.5012.1913.1813.7617.2914.52
Expenses 11.9210.4313.0411.5213.3611.2012.2912.8411.7112.0912.4915.9913.97
Operating Profit 0.581.331.401.130.521.051.700.660.481.091.271.300.55
OPM % 4.64%11.31%9.70%8.93%3.75%8.57%12.15%4.89%3.94%8.27%9.23%7.52%3.79%
Other Income 2.573.15-1.421.154.441.360.05-0.430.470.410.610.510.46
Interest 0.080.150.080.090.070.180.060.140.190.130.10-0.030.08
Depreciation 0.260.270.270.300.310.320.330.320.320.340.330.330.34
Profit before tax 2.814.06-0.371.894.581.911.36-0.230.441.031.451.510.59
Tax % 30.60%29.80%-21.62%12.70%11.57%16.23%27.94%-21.74%9.09%6.80%48.97%20.53%28.81%
Net Profit 1.952.85-0.291.654.051.600.99-0.190.400.960.741.190.43
EPS in Rs 16.6124.28-2.4714.0634.5013.638.43-1.623.418.186.3010.143.66

Last Updated: August 25, 2026, 4:30 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 12, 2026, 5:10 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 52.6754.9747.7344.4847.3454.7848.4549.1354.9248.5150.7453.0852.63
Expenses 48.2850.6044.5841.6944.6851.7445.9044.4450.5743.7446.2949.1349.13
Operating Profit 4.394.373.152.792.663.042.554.694.354.774.453.953.50
OPM % 8.33%7.95%6.60%6.27%5.62%5.55%5.26%9.55%7.92%9.83%8.77%7.44%6.65%
Other Income 0.380.820.190.320.240.260.610.530.982.405.455.401.06
Interest 1.121.351.010.800.930.910.780.570.590.580.400.450.56
Depreciation 1.341.741.601.611.621.681.611.211.001.061.111.281.31
Profit before tax 2.312.100.730.700.350.710.773.443.745.538.397.622.69
Tax % 38.53%24.29%32.88%28.57%42.86%54.93%59.74%29.94%26.20%37.79%26.58%15.35%
Net Profit 1.421.590.500.510.200.320.312.402.763.446.166.451.91
EPS in Rs 12.7214.244.484.571.702.732.6420.4423.5129.3052.4754.9516.27
Dividend Payout % 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.09%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)11.97%-68.55%2.00%-60.78%60.00%-3.12%674.19%15.00%24.64%79.07%4.71%
Change in YoY Net Profit Growth (%)0.00%-80.53%70.55%-62.78%120.78%-63.12%677.32%-659.19%9.64%54.43%-74.36%

JSL Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: August 25, 2026, 2:00 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 1.121.121.121.171.171.171.171.171.171.171.171.17
Reserves 24.1626.0125.3327.1723.4123.6225.9528.7132.1938.3444.7745.56
Borrowings 5.716.396.968.743.624.753.802.872.553.352.692.12
Other Liabilities 17.6312.5415.3214.2914.4713.8212.2311.6111.3412.7212.8714.71
Total Liabilities 48.6246.0648.7351.3742.6743.3643.1544.3647.2555.5861.5063.56
Fixed Assets 16.9117.6817.4817.6116.6715.3614.7715.5915.7816.3115.8316.01
CWIP 0.610.000.000.000.000.000.000.000.000.000.000.00
Investments 7.177.177.177.146.675.775.770.271.665.618.745.28
Other Assets 23.9321.2124.0826.6219.3322.2322.6128.5029.8133.6636.9342.27
Total Assets 48.6246.0648.7351.3742.6743.3643.1544.3647.2555.5861.5063.56

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 0.98-0.110.90-1.724.99-2.271.24-4.720.73-2.06-0.168.53
Cash from Investing Activity + 1.71-1.72-1.17-1.48-0.021.20-0.104.65-1.93-0.251.170.21
Cash from Financing Activity + -1.342.130.293.19-4.880.97-0.61-0.461.202.31-1.02-8.75
Net Cash Flow 1.360.300.01-0.010.09-0.100.54-0.530.01-0.010.000.00
Free Cash Flow 2.53-1.99-0.45-3.474.24-2.590.68-6.54-0.47-3.40-0.957.01
CFO/OP 38%6%44%-61%178%-76%47%-84%27%-21%24%234%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow4.39-1.34-3.24-4.17-6.08-0.58-2.200.891.482.221.101.26

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 60.2246.8836.8646.4556.3633.1835.5621.2528.7124.4517.7028.61
Inventory Days 78.4789.4493.91130.17135.0887.4984.35129.8995.15136.61134.06150.48
Days Payable 108.81108.02112.10141.19122.0884.38100.3686.7237.5749.5551.6240.54
Cash Conversion Cycle 29.8928.3018.6735.4369.3736.2919.5564.4186.29111.52100.14138.55
Working Capital Days -38.18-5.98-11.4711.4947.8838.1858.5476.89108.13131.60162.00184.01
ROCE %11.40%9.09%5.49%4.06%3.60%4.93%5.40%13.03%13.57%17.83%22.17%17.60%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 40.77%40.77%40.77%40.77%40.77%40.77%40.77%40.76%40.76%40.76%40.76%40.58%
DIIs 12.55%12.55%12.55%12.55%12.55%12.55%12.55%12.55%12.55%12.55%12.55%12.55%
Public 46.68%46.68%46.69%46.69%46.69%46.68%46.68%46.70%46.69%46.69%46.70%46.87%
No. of Shareholders 2,5292,5362,5912,6432,6962,7522,8012,7732,8102,8062,8082,837

Shareholding Pattern Chart

No. of Shareholders

JSL Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 26Mar 25Mar 24Mar 23Mar 22
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 28.0454.9452.4929.3123.50
Diluted EPS (Rs.) 28.0454.9452.4929.3123.50
Cash EPS (Rs.) 39.3365.8461.9438.3532.02
Book Value[Excl.RevalReserv]/Share (Rs.) 383.65376.86321.98269.45239.76
Book Value[Incl.RevalReserv]/Share (Rs.) 398.11391.41336.62284.17254.58
Revenue From Operations / Share (Rs.) 480.67456.81437.40419.54470.62
PBDIT / Share (Rs.) 52.4279.6584.2961.0745.39
PBIT / Share (Rs.) 41.1468.7574.8352.0336.87
PBT / Share (Rs.) 37.7664.9271.4447.1031.86
Net Profit / Share (Rs.) 28.0454.9352.4829.3123.50
PBDIT Margin (%) 10.9017.4319.2614.559.64
PBIT Margin (%) 8.5515.0417.1012.407.83
PBT Margin (%) 7.8514.2116.3311.226.77
Net Profit Margin (%) 5.8312.0211.996.984.99
Return on Networth / Equity (%) 7.3014.5716.3010.879.80
Return on Capital Employeed (%) 9.3515.5619.3116.0912.34
Return On Assets (%) 5.1710.4811.087.126.59
Total Debt / Equity (X) 0.040.050.080.070.02
Asset Turnover Ratio (%) 0.900.910.981.091.31
Current Ratio (X) 2.843.783.252.713.41
Quick Ratio (X) 1.582.472.171.702.04
Inventory Turnover Ratio (X) 4.074.552.752.873.60
Interest Coverage Ratio (X) 15.5020.8324.8712.389.07
Interest Coverage Ratio (Post Tax) (X) 9.2915.3716.486.945.69
Enterprise Value (Cr.) 119.51182.53108.9144.1227.81
EV / Net Operating Revenue (X) 2.123.402.120.890.50
EV / EBITDA (X) 19.4219.5211.016.155.22
MarketCap / Net Operating Revenue (X) 2.053.322.030.800.45
Price / BV (X) 2.574.032.761.260.89
Price / Net Operating Revenue (X) 2.053.322.030.800.45
EarningsYield 0.020.030.050.080.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of JSL Industries Ltd and is it undervalued?

As of 05 September 2026, JSL Industries Ltd's intrinsic value is ₹384.52, which is 54.44% lower than the current market price of ₹844.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (7.10 %), book value (₹398), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of JSL Industries Ltd?

JSL Industries Ltd is trading at ₹844.00 as of 05 September 2026, with a FY2026-2027 high of ₹1,450 and low of ₹730. The stock is currently near its 52-week low. Market cap stands at ₹99.1 Cr..

How does JSL Industries Ltd's P/E ratio compare to its industry?

JSL Industries Ltd has a P/E ratio of 29.8, which is below the industry average of 60.23. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is JSL Industries Ltd financially healthy?

Key indicators for JSL Industries Ltd: ROCE of 9.93 % is on the lower side compared to the industry average of 16.07%; ROE of 7.10 % is below ideal levels (industry average: 14.62%). Dividend yield is 0.00 %.

Is JSL Industries Ltd profitable and how is the profit trend?

JSL Industries Ltd reported a net profit of ₹6 Cr in Mar 2025 on revenue of ₹53 Cr. Compared to ₹3 Cr in Mar 2022, the net profit shows an improving trend.

Does JSL Industries Ltd pay dividends?

JSL Industries Ltd has a dividend yield of 0.00 % at the current price of ₹844.00. The company is currently not paying meaningful dividends.

Last Updated: August 25, 2026, 10:46 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 504080 | NSE: JSLINDL
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in JSL Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE