JSL Industries Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹744.79Overvalued by 18.51%vs CMP ₹914.00

P/E (32.3) × ROE (7.1%) × BV (₹398.00) × DY (2.00%)

₹397.18Overvalued by 56.54%vs CMP ₹914.00
MoS: -130.1% (Negative)Confidence: 68/100 (Moderate)Models: All 9: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹691.9323%Over (-24.3%)
Graham NumberEarnings₹381.7016%Over (-58.2%)
Earnings PowerEarnings₹391.5511%Over (-57.2%)
DCFCash Flow₹142.7914%Over (-84.4%)
Net Asset ValueAssets₹399.177%Over (-56.3%)
EV/EBITDAEnterprise₹339.299%Over (-62.9%)
Earnings YieldEarnings₹162.707%Over (-82.2%)
ROCE CapitalReturns₹429.107%Over (-53.1%)
Revenue MultipleRevenue₹226.715%Over (-75.2%)
Consensus (9 models)₹397.18100%Overvalued
Key Drivers: Wide model spread (₹143–₹692) — 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

Analysis summary

Data coverage: Price-data record updated 24 September 2026, 5:27 am +05:30. Annual results through Mar 2025; quarterly results through Jun 2026; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

JSL Industries Ltd: the stored intrinsic value estimate is ₹397.18, compared with a stored share price of ₹914.00. The model value is 56.5% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation.

Operating performance

Revenue for Mar 2025 was ₹53.08 Cr, versus ₹50.74 Cr in Mar 2024 (4.6% year on year). Net profit for Mar 2025 was ₹6.45 Cr, versus ₹6.16 Cr in Mar 2024 (4.7% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2025 period, operating cash flow was ₹-0.16 Cr against net profit of ₹6.45 Cr. Cash flow covered -0.02 times reported profit. The gap warrants checking receivables, working capital and one-off items in the cash-flow statement.

Balance-sheet check

Reported borrowings were ₹2.12 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Investment Snapshot

55
JSL Industries Ltd scores 55/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health78/100 · Strong
ROCE 9.9% AverageROE 7.1% AverageD/E 0.04 Low debtInterest Coverage 15.5x StrongProfitable 5/5 available years Reported history
Smart Money50/100 · Moderate
Promoter holding at 40.6% Stable
Earnings Quality25/100 · Weak
CFO/NP ratio: -0.09x Poor cash conversionOPM 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 32.3 vs industry 62.8 Lower P/EROCE 9.9% vs industry 16.1% AverageROE 7.1% vs industry 14.8% Below peers3Y sales CAGR: -1% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing health ratios are excluded. Broad industry groups and financial-sector accounting can limit comparability.

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Share Price and Basic Stock Data

Last Updated: September 24, 2026, 5:27 am

Market Cap 107 Cr.
Current Price 914
Intrinsic Value₹397.18
High / Low 1,360/700
Stock P/E32.3
Book Value 398
Dividend Yield0.00 %
ROCE9.93 %
ROE7.10 %
Face Value 10.0
PEG Ratio-4.55

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

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 107 Cr. 914 1,360/70032.3 3980.00 %9.93 %7.10 % 10.0
Surana Solar Ltd 126 Cr. 25.6 36.0/18.319.7 11.70.00 %0.35 %1.88 % 5.00
Amba Enterprises Ltd 149 Cr. 118 178/94.016.9 39.30.64 %22.1 %17.7 % 5.00
Aaron Industries Ltd 244 Cr. 117 228/10729.5 23.20.43 %18.7 %15.0 % 10.0
Kaycee Industries Ltd 258 Cr. 814 1,224/63254.4 1050.25 %22.6 %15.9 % 10.0
Industry Average15,454.83 Cr766.6262.78110.210.22%16.14%14.81%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.

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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

Free cash flow reported in the stored cash-flow statement (₹ Cr)
PeriodMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Free Cash Flow2.53-1.99-0.45-3.474.24-2.590.68-6.54-0.47-3.40-0.957.01

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

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

Frequently asked questions

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

JSL Industries Ltd: the stored intrinsic value estimate is ₹397.18, compared with a stored share price of ₹914.00. The model value is 56.5% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for JSL Industries Ltd?

The stored share price is ₹914.00. Price-data record updated: 24 September 2026, 5:27 am +05:30. This is not a live quote. The stored 52-week high / low is 1,360/700; this is a rolling range, not a financial-year range.

How have JSL Industries Ltd's revenue and profit changed?

Revenue for Mar 2025 was ₹53.08 Cr, versus ₹50.74 Cr in Mar 2024 (4.6% year on year). Net profit for Mar 2025 was ₹6.45 Cr, versus ₹6.16 Cr in Mar 2024 (4.7% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Does JSL Industries Ltd's profit convert into cash?

For the same Mar 2025 period, operating cash flow was ₹-0.16 Cr against net profit of ₹6.45 Cr. Cash flow covered -0.02 times reported profit. The gap warrants checking receivables, working capital and one-off items in the cash-flow statement.

What should I check in JSL Industries Ltd's balance sheet?

Reported borrowings were ₹2.12 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare JSL Industries Ltd's P/E with other stocks?

The stored P/E is 32.30. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change JSL Industries Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.

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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