Jet Freight

Who are the top shareholders of the Jet Freight?

The top shareholder of Jet Freight is Richard Francis Theknath, holding 23.38%, with promoters collectively owning a significant portion, though 12.27% is pledged. Public shareholders, led by Sanjay Garg at 1.53%, own 43.96%, while there are no holdings from mutual funds or foreign institutional investors.

The top shareholders of Jet Freight primarily consist of the promoters, with Richard Francis Theknath holding the largest share at 23.38%. The overall promoter holdings are significant, although 12.27% of these holdings are pledged. In terms of public shareholders, the highest individual investor is Sanjay Garg, who holds 1.53%. Additionally, individual investors collectively own 43.96% of the company. Notably, there are currently no holdings from mutual funds or foreign institutional investors (FIIs).

how big is Jet Freight?

As of Jun 06, Jet Freight Logistics Ltd has a market capitalization of 63.00 Cr, classifying it as a Micro Cap company, with recent net sales of 443.75 Cr and a net profit of 3.74 Cr over the last four quarters.

Market Cap: <BR>As of Jun 06, Jet Freight Logistics Ltd has a market capitalization of 63.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest 4 quarters, Jet Freight reported a sum of Net Sales of 443.75 Cr and a sum of Net Profit of 3.74 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: <BR>This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 60.85 Cr, while the Total Assets amount to 165.97 Cr.

What does Jet Freight do?

Jet Freight Logistics Ltd is a prominent freight forwarder specializing in logistics solutions, with net sales of 115 Cr and a net profit of 0 Cr as of March 2025. The company has a market cap of Rs 63 Cr and key metrics include a P/E of 17.00 and a debt-equity ratio of 0.81.

Overview: <BR>Jet Freight Logistics Ltd is a leading freight forwarder in the transport services industry, specializing in complete logistics solutions.<BR><BR>History: <BR>Incorporated on April 13, 2006, Jet Freight Logistics Ltd has maintained its status as a prominent player in the logistics sector. The latest quarterly results reported net sales of 115 Cr for March 2025, with a net profit of 0 Cr.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 115 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 63 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Industry P/E: 37 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.81 <BR>Return on Equity: 5.80% <BR>Price to Book: 1.01 <BR><BR>Contact Details: <BR>Address: C/706 Pramukh Plaza Andheri(E), Opp Holy Family Church Chakala Mumbai Maharashtra : 400099 <BR>Tel: 91-22-61043700 <BR>Email: ir@jetfreight.co <BR>Website: http://www.jetfreight.co

What is the bonus history of the Jet Freight?

Jet Freight Logistics Ltd issued a 1:1 bonus on September 12, 2018, with a record date of September 14, 2018, allowing shareholders to double their holdings.

Jet Freight Logistics Ltd has a bonus history that includes a 1:1 bonus issue announced on September 12, 2018. The record date for this bonus was September 14, 2018. This means that for every share held, shareholders received an additional share, effectively doubling their holdings at that time. If you have any more questions about Jet Freight or need further details, feel free to ask!

Has Jet Freight declared dividend?

Jet Freight Logistics Ltd has declared a 1% dividend, amounting to ₹0.1 per share, with an ex-date of November 17, 2021. Despite the dividend declaration, the dividend yield is 0%, and total returns over various periods have shown volatility, ranging from -37.24% to 28.65%.

Jet Freight Logistics Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.1<BR>- Ex-date: 17 Nov 21<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -17.33%, the dividend return was 0%, resulting in a total return of -17.33%.<BR><BR>For the 1-year period, the price return was 9.98%, the dividend return was 0%, leading to a total return of 9.98%.<BR><BR>Over the 2-year period, the price return was 28.65%, with a dividend return of 0%, culminating in a total return of 28.65%.<BR><BR>In the 3-year period, the price return was -37.24%, the dividend return was 0%, which resulted in a total return of -37.24%.<BR><BR>For the 4-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>In the 5-year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>Overall, Jet Freight has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods show a mix of positive and negative performance, indicating volatility in the company's stock performance.

Who are the peers of the Jet Freight?

Jet Freight's peers include Container Corporation, Delhivery, Blue Dart Express, GE Shipping Co., and others, with varying management risks and growth rates. Notably, GE Shipping Co. and Blue Dart Express exhibit excellent management and growth, while Jet Freight shows below-average growth and a 1-year return of 6.81%.

Peers: The peers of Jet Freight are Container Corpn., Delhivery, Blue Dart Expres, GE Shipping Co, S C I, Containerway Int, ABC India, Balurghat Tech, and OneClick Logisti.<BR><BR>Quality Snapshot: Excellent management risk is observed at GE Shipping Co. and Blue Dart Expres, while Average management risk is found at Container Corpn., S C I, ABC India, Balurghat Tech, and OneClick Logisti, and the rest have Below Average management risk. Good growth is noted at Delhivery, Blue Dart Expres, and GE Shipping Co., while Below Average growth is seen at Jet Freight, Containerway Int, S C I, ABC India, Balurghat Tech, and the rest. Excellent capital structure is present at GE Shipping Co. and Container Corpn., while Good capital structure is found at Blue Dart Expres and S C I, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Autoriders Intl. at 957.20%, while the peer with the lowest is Containerway Int. with a return of N/A, and Jet Freight's own 1-year return is 6.81%. Additionally, peers with negative six-month returns include Containerway Int., Blue Dart Expres, GE Shipping Co., S C I, and Balurghat Tech.

What is the technical trend for Jet Freight?

As of June 6, 2025, Jet Freight's trend is sideways with mixed signals: the weekly MACD is mildly bullish, the monthly MACD is mildly bearish, and daily moving averages indicate short-term weakness, reflecting a lack of strong directional movement.

As of 6 June 2025, the technical trend for Jet Freight has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum. The daily moving averages are mildly bearish, suggesting short-term weakness. The weekly Bollinger Bands are bullish, but the monthly trend remains sideways. The KST is mildly bearish on a weekly basis, while the OBV shows mild bullishness in both weekly and monthly perspectives. Overall, the indicators reflect a lack of strong directional movement, resulting in a sideways trend.

Who are in the management team of Jet Freight?

As of March 2023, the management team of Jet Freight includes Richard Francis Theknath (Chairman & Managing Director), Dax Theknath (Whole-time Director), and several independent and non-executive directors, ensuring a diverse leadership structure.

As of March 2023, the management team of Jet Freight includes the following individuals:<BR><BR>1. Richard Francis Theknath - Chairman & Managing Director<BR>2. Dax Theknath - Whole-time Director<BR>3. Shraddha Prakash Mehta - Company Secretary & Compliance Officer<BR>4. Kamalika Guha Roy - Non-Executive & Independent Director<BR>5. Agnes Francis Theknath - Non-Executive & Non-Independent Director<BR>6. Keki Cusrow Pate - Non-Executive & Independent Director<BR>7. Rushabh Prashant Patil - Independent Director<BR>8. Ajay Madhusudan Gandeja - Independent Director<BR><BR>As of March 2023, the management team of Jet Freight is composed of a mix of executive and independent directors, reflecting a diverse leadership structure.

When is the next results date for Jet Freight?

The next results date for Jet Freight is 30 October 2025.

The next results date for Jet Freight is scheduled for 30 October 2025.

Is Jet Freight overvalued or undervalued?

As of November 6, 2025, Jet Freight is considered an attractive investment opportunity, assessed as undervalued with a PE ratio of 12.34 and strong financial metrics, despite recent underperformance compared to the Sensex.

As of 6 November 2025, the valuation grade for Jet Freight has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as undervalued, with a PE ratio of 12.34, an EV to EBITDA ratio of 8.18, and a Price to Book Value of 0.91. These ratios suggest that Jet Freight is trading at a discount compared to its earnings and asset value.<BR><BR>In comparison to its peers, Jet Freight's valuation stands out against Container Corporation, which is considered very expensive with a PE ratio of 29.89, and Delhivery, which has a PE ratio of 238.6 and is classified as risky. The attractive valuation of Jet Freight is further supported by its ROCE of 9.82% and ROE of 7.35%. Despite recent underperformance relative to the Sensex, with a year-to-date return of -31.86% compared to the Sensex's 6.62%, the current valuation metrics suggest that Jet Freight presents a compelling investment opportunity.

How has been the historical performance of Jet Freight?

Jet Freight's historical performance shows a recovery in net sales and profitability, with net sales increasing to 443.76 Cr in Mar'25 from 426.64 Cr in Mar'23, and profit after tax rising significantly to 3.75 Cr. However, cash flow from operating activities remained negative at -2.00 Cr in Mar'25.

Answer:<BR>The historical performance of Jet Freight shows a fluctuating trend in net sales and profitability over the years, with a notable recovery in recent periods.<BR><BR>Breakdown:<BR>Jet Freight's net sales increased from 401.25 Cr in Mar'24 to 443.76 Cr in Mar'25, following a dip to 426.64 Cr in Mar'23 and a peak of 460.51 Cr in Mar'22. The total operating income mirrored this trend, reaching 443.76 Cr in Mar'25. The company's total expenditure, excluding depreciation, also rose to 429.66 Cr in Mar'25 from 395.24 Cr in Mar'24, impacting the operating profit, which improved to 14.10 Cr in Mar'25 from 6.01 Cr in Mar'24. Consequently, the profit before tax surged to 6.33 Cr in Mar'25, compared to just 0.15 Cr in Mar'24, while profit after tax saw a significant increase to 3.75 Cr from 0.17 Cr. The earnings per share (EPS) reflected this positive trend, rising to 0.81 in Mar'25 from 0.04 in Mar'24. On the balance sheet, total assets grew to 173.88 Cr in Mar'25, up from 165.97 Cr in Mar'24, with total liabilities also increasing to 173.88 Cr from 165.97 Cr. Cash flow from operating activities, however, remained negative at -2.00 Cr in Mar'25, contrasting with a positive cash flow of 15.00 Cr in Mar'24. Overall, Jet Freight's financial performance indicates a recovery phase, with improvements in sales and profitability metrics despite challenges in cash flow management.

Are Jet Freight Logistics Ltd latest results good or bad?

Jet Freight Logistics Ltd's latest Q2 FY26 results show a 47.46% year-on-year increase in net profit to ₹0.87 crore, but a concerning 51.12% quarter-on-quarter decline in profit and a 30.02% drop in net sales, indicating mixed performance with more negative trends overall.

Jet Freight Logistics Ltd's latest results for Q2 FY26 present a mixed picture. On one hand, there is a notable year-on-year improvement in net profit, which increased by 47.46% compared to the same quarter last year, reaching ₹0.87 crore. However, this is overshadowed by a significant quarter-on-quarter decline of 51.12%. <BR><BR>Net sales also experienced a sharp drop, decreasing by 30.02% from the previous quarter and 4.22% year-on-year, totaling ₹83.78 crore. This decline reflects ongoing demand-side challenges and highlights the cyclical volatility typical in the freight forwarding business.<BR><BR>While the operating margin improved to 3.34%, up from 2.55% in the previous quarter, it remains below the 4.42% achieved in Q4 FY25. The profit after tax (PAT) margin fell to 1.04%, down from 1.49% in the prior quarter, primarily due to higher interest costs and an increased effective tax rate.<BR><BR>Overall, while there are some positive indicators in terms of year-on-year growth, the sequential declines in both profit and sales suggest that the company's recent performance is concerning. The operational challenges and volatility in earnings indicate that the latest results could be viewed as more negative than positive.

Should I buy, sell or hold Jet Freight Logistics Ltd?

Why is Jet Freight Logistics Ltd falling/rising?

As of 18-Mar, Jet Freight Logistics Ltd's stock price is stable at 17.80, but it has underperformed its sector today and decreased by -5.12% over the past week. Despite a strong year-to-date return of +9.54%, concerns about declining profits, high debt levels, and increased promoter pledging contribute to a cautious outlook for the stock.

As of 18-Mar, Jet Freight Logistics Ltd's stock price is currently stable at 17.80, showing no change (0.00%). However, the stock has underperformed its sector today by -0.69%. Over the past week, the stock has decreased by -5.12%, contrasting with a slight decline of -0.21% in the Sensex. In the last month, the stock has shown a modest increase of +1.19%, while the Sensex has fallen by -8.40%. Year-to-date, Jet Freight has outperformed the market with a return of +9.54% compared to the Sensex's -9.99%, and over the past year, it has generated a significant return of +56.28%, far exceeding the BSE500's return of 5.49%.<BR><BR>Despite these positive returns, there are several concerning factors contributing to the stock's current performance. The company has experienced a decline in profits by -33% over the past year, which raises questions about its long-term growth potential. Additionally, the stock's liquidity has decreased, with delivery volume falling by -59.13% compared to the 5-day average. The stock is also facing pressure from a high Debt to EBITDA ratio of 6.15 times, indicating a low ability to service debt, and a negative CAGR growth in net sales of -1.67% over the last five years.<BR><BR>Moreover, 26.16% of promoter shares are pledged, and the proportion of pledged holdings has increased by 13.89% over the last quarter, which can exert additional downward pressure on the stock price in a falling market. Overall, while Jet Freight Logistics Ltd has shown strong returns in the past year, the combination of declining profits, weak sales growth, high debt levels, and increased promoter pledging are contributing to a cautious outlook for the stock.

Why is Jet Freight Logistics Ltd falling/rising?

As of 19-Mar, Jet Freight Logistics Ltd's stock price is at 17.60, down 1.07%, reflecting a downward trend with a 7.37% loss over the past week. Despite a strong annual return of 52.91%, the company faces financial challenges, including a 33% profit decrease and high debt levels, contributing to negative market sentiment.

As of 19-Mar, Jet Freight Logistics Ltd's stock price is falling, currently at 17.60, which reflects a decrease of 0.19 or 1.07%. The stock has been on a downward trend, losing 7.37% over the past week and has experienced consecutive declines for the last five days. This recent performance is in contrast to the broader market, as the Sensex has only fallen by 2.40% during the same period.<BR><BR>Despite a positive long-term performance, with a 52.91% return over the past year, the company's profits have decreased by 33%, indicating underlying financial challenges. Additionally, the logistics sector has seen a decline of 3.49%, which may be contributing to the stock's downward movement. <BR><BR>The stock is currently trading below its 5-day and 20-day moving averages, suggesting short-term weakness. Furthermore, 26.16% of promoter shares are pledged, which can exert additional downward pressure in a falling market, especially as this proportion has increased by 13.89% over the last quarter. <BR><BR>While there has been a notable increase in investor participation, with delivery volume rising by 298.08% against the 5-day average, the overall sentiment remains negative due to weak long-term fundamentals, including a high Debt to EBITDA ratio of 6.15 times and a negative CAGR growth in net sales over the last five years. These factors collectively contribute to the stock's current decline.

Why is Jet Freight Logistics Ltd falling/rising?

As of 20-Mar, Jet Freight Logistics Ltd's stock price is rising to 17.93, indicating a potential recovery in investor sentiment after a trend reversal. Despite challenges like declining profits and high debt, the stock's recent performance suggests short-term market optimism.

As of 20-Mar, Jet Freight Logistics Ltd's stock price is rising, currently at 17.93, reflecting an increase of 0.36 or 2.05%. This rise can be attributed to a trend reversal after five consecutive days of decline, indicating a potential recovery in investor sentiment. Additionally, the stock has outperformed its sector by 1.19% today, suggesting a positive shift in market perception.<BR><BR>Despite a recent drop in delivery volume, which fell by 64.72% against the five-day average, the stock remains liquid enough for trading. The company has demonstrated strong long-term performance, with a 53.38% return over the past year, significantly outperforming the BSE500 index in the same timeframe. Furthermore, the stock is trading at a discount compared to its peers' average historical valuations, which may attract investors looking for value.<BR><BR>However, it is important to note that the company faces challenges, including a decline in profits by 33% over the past year and a weak long-term fundamental strength, evidenced by a -1.67% CAGR growth in net sales over the last five years. The high debt to EBITDA ratio of 6.15 times also raises concerns about the company's ability to service its debt. Despite these factors, the current rise in stock price reflects a short-term recovery and market optimism, particularly in light of its recent outperformance against the sector.

Why is Jet Freight Logistics Ltd falling/rising?

As of 23-Mar, Jet Freight Logistics Ltd's stock price is at 17.20, down 4.18%, reflecting broader sector declines and decreased investor confidence. The company faces financial challenges, including a high Debt to EBITDA ratio and declining profits, contributing to negative sentiment despite a past year return of 45.15%.

As of 23-Mar, Jet Freight Logistics Ltd's stock price is falling, currently at 17.20, which reflects a decrease of 0.75 or 4.18%. This decline is in line with the broader logistics sector, which has experienced a drop of 4.38%. Additionally, the stock has shown a negative performance over the past week and month, with declines of 4.44% and 5.55%, respectively. <BR><BR>Investor participation has also decreased, as evidenced by a significant drop in delivery volume, which fell by 34.79% compared to the 5-day average. This reduced activity indicates a lack of confidence among investors. Furthermore, the company has a high Debt to EBITDA ratio of 6.15 times, suggesting a low ability to service its debt, which can contribute to negative sentiment around the stock.<BR><BR>Despite having generated a return of 45.15% over the past year, the company's profits have decreased by 33%, indicating underlying financial challenges. The stock is trading at a discount compared to its peers, but the weak long-term fundamental strength, highlighted by a -1.67% CAGR growth in net sales over the last five years and a significant proportion of promoter shares being pledged, adds to the downward pressure on the stock price.

Why is Jet Freight Logistics Ltd falling/rising?

As of 24-Mar, Jet Freight Logistics Ltd's stock price is rising to 17.40, reflecting a 1.16% increase. This rise is driven by strong long-term performance and attractive valuations, despite recent profit declines and sector underperformance.

As of 24-Mar, Jet Freight Logistics Ltd's stock price is rising, currently at 17.40, reflecting a change of 0.2 (1.16%) upwards. This increase can be attributed to several factors. Despite the stock underperforming its sector today by -0.79%, it has shown strong long-term performance, generating a return of 40.44% over the past year, which is significantly higher than the BSE500's performance. Additionally, the stock has outperformed the benchmark indices over the last three years, one year, and three months, indicating a market-beating performance in both the long and near term.<BR><BR>Moreover, the stock is trading at a discount compared to its peers' average historical valuations, which may attract investors looking for value. The company's return on capital employed (ROCE) of 9.8 suggests a very attractive valuation. However, it is important to note that while the stock has shown positive returns, the company's profits have fallen by -33% over the past year, which could raise concerns among investors regarding its long-term sustainability.<BR><BR>In summary, the stock's rise is supported by its strong historical performance and attractive valuation metrics, despite some underlying challenges such as declining profits and high debt levels.

Why is Jet Freight Logistics Ltd falling/rising?

As of 25-Mar, Jet Freight Logistics Ltd's stock price is stable at 17.40 but has underperformed its sector by 2.2% today, with a recent decline in investor participation. Despite strong annual returns, concerns about fundamental weaknesses and mixed short-term trends suggest a cautious outlook.

As of 25-Mar, Jet Freight Logistics Ltd's stock price is currently stable at 17.40, showing no change (0.00%). However, the stock has underperformed its sector by 2.2% today, which may indicate a lack of positive momentum. Over the past week, the stock has decreased by 2.19%, while it has also seen a decline of 4.40% over the last month. Despite a year-to-date increase of 7.08% and a significant annual return of 38.87%, the stock's performance is overshadowed by a recent drop in investor participation, with delivery volume falling by 63.08% compared to the 5-day average.<BR><BR>The stock is trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages, suggesting mixed short-term trends. Additionally, the logistics sector has gained by 2.13%, yet Jet Freight's performance does not reflect this sector strength.<BR><BR>On the fundamental side, the company has a Return on Capital Employed (ROCE) of 9.8, indicating an attractive valuation, but it also faces challenges such as a -1.67% compound annual growth rate (CAGR) in net sales over the last five years and a high Debt to EBITDA ratio of 6.15 times, which raises concerns about its ability to service debt. Furthermore, 26.16% of promoter shares are pledged, which can exert downward pressure on the stock price, especially in a falling market.<BR><BR>In summary, while Jet Freight Logistics Ltd has shown strong returns over the past year, recent declines in investor participation, underperformance relative to the sector, and fundamental weaknesses contribute to a cautious outlook on the stock's price movement.

Which are the latest news on Jet Freight?