Jet Solar

Why is Jet Solar Ltd falling/rising?

As of 02-Sep, Jet Solar Ltd's stock price is Rs. 6.90, unchanged from the previous session and at a new 52-week low. The stock has significantly underperformed the Sensex, with an 8.73% drop in the last month and a 38.12% decline over three years, indicating ongoing challenges and a bearish trend.

As of 02-Sep, Jet Solar Ltd's stock price is currently at Rs. 6.90, showing no change from the previous trading session. The stock has recently hit a new 52-week and all-time low, indicating a significant decline in its value. Over the past week, the stock has underperformed the benchmark Sensex, which has decreased by 1.17%, while Jet Solar's performance remained flat at 0.00%. <BR><BR>In the last month, Jet Solar's stock has dropped by 8.73%, contrasting with the Sensex's decline of 1.95%. Over a longer period, the stock has experienced a staggering 38.12% decrease over the past three years, while the Sensex has increased by 17.10%. Furthermore, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically indicates a bearish trend.<BR><BR>Despite a recent increase in investor participation, with delivery volume rising by 36.36% on 21 August compared to the 5-day average, the overall liquidity remains low, and the stock has not traded on 4 out of the last 20 days. This erratic trading behavior, combined with the stock's consistent underperformance against the sector, suggests that Jet Solar Ltd is currently facing significant challenges, contributing to its falling stock price.

Which are the latest news on Jet Solar?

Who are in the management team of Jet Solar?

The management team of Jet Solar includes George Mattappilly (Chairman), Rajul Shah (Managing Director), Haresh Kothari and Dipesh Maru (Independent Directors), Krunal Shah (Company Secretary & Compliance Officer), and Riddhi Shah (Director).

The management team of Jet Solar includes the following individuals:<BR><BR>1. **George Mattappilly** - Chairman (Non-Executive)<BR>2. **Rajul Shah** - Managing Director<BR>3. **Haresh Kothari** - Independent Director<BR>4. **Krunal Shah** - Company Secretary & Compliance Officer<BR>5. **Riddhi Shah** - Director<BR>6. **Dipesh Maru** - Independent Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does Jet Solar do?

Jet Solar Ltd is a micro-cap company in the realty industry, incorporated in 2001, with no recent sales or profit data available. It has a market cap of INR 9 Cr and key metrics include a P/E ratio of 205.00 and a debt-equity ratio of -0.51.

Overview: <BR>Jet Solar Ltd operates in the realty industry and is categorized as a micro-cap company.<BR><BR>History: <BR>Jet Solar Ltd was incorporated in 2001 as "Jet Info (India) Private Limited." The company acquired the business, assets, and liabilities of M/s Jet Infotech India’s partnership firm through an agreement on the same date of incorporation. There is no recent sales or profit data available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 9 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 205.00 <BR>Industry P/E: 62 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.51 <BR>Return on Equity: 0.19% <BR>Price-to-Book: 0.41<BR><BR>Contact Details: <BR>Address: Off No 1 Nandanvan Busi Cen, E-Wing Kandivali West Mumbai Maharashtra : 400067 <BR>Phone: 91-22-28676233 <BR>Email: info@jetinfra.com <BR>Website: http://www.jetinfra.com

Who are the peers of the Jet Solar?

Jet Solar's peers include KMF Builders, Skyline Ventures, Sikozy Realtors, Crane Infra, Mount Housing, Croissance Ltd, Laddu Gopal, Epsom Properties, and UTL Industries. Management risks vary, with Crane Infra rated excellent, while KMF Builders and Mount Housing are average; returns range from KMF Builders' 3.49% to Laddu Gopal's -83.46%.

Peers: The peers of Jet Solar are KMF Builders, Skyline Ventures, Sikozy Realtors, Crane Infra, Mount Housing, Croissance Ltd, Laddu Gopal, Epsom Properties, and UTL Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Crane Infra and the rest. Average management risk is found at KMF Builders, Mount Housing, and Laddu Gopal. Below Average management risk is noted for Croissance Ltd, while Skyline Ventures, Sikozy Realtors, Epsom Properties, and UTL Industries do not qualify. Growth ratings show that KMF Builders has Below Average growth, while Mount Housing has Average growth, and the rest do not qualify. Capital Structure is rated as Good for Crane Infra, Croissance Ltd, and Laddu Gopal, while KMF Builders, Mount Housing, and the rest have Below Average ratings.<BR><BR>Return Snapshot: KMF Builders has the highest 1-year return at 3.49%, while Laddu Gopal has the lowest at -83.46%, indicating that Jet Solar's 1-year return is not available for comparison. Additionally, several peers, including Crane Infra, Croissance Ltd, Laddu Gopal, and UTL Industries, have negative six-month returns.

How big is Jet Solar?

As of 10th June, Jet Solar Ltd has a market capitalization of 15.00 Cr, classifying it as a Micro Cap company, with no recent financial data available for Net Sales or Net Profit. The latest balance sheet shows Shareholder's Funds of 17.86 Cr and Total Assets of 22.66 Cr as of March 2025.

As of 10th June, <BR><BR>Market Cap: Jet Solar Ltd has a market capitalization of 15.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2025, with Shareholder's Funds amounting to 17.86 Cr and Total Assets valued at 22.66 Cr.

How has been the historical performance of Jet Solar?

Jet Solar's historical performance has been volatile, with net sales peaking at 2.75 Cr in March 2019 and declining to 0.54 Cr by March 2025, alongside increasing operating losses and negative cash flow from operations. Despite these challenges, the company reported a profit before tax of 0.06 Cr in March 2025 and saw a significant rise in shareholder's funds.

Answer:<BR>The historical performance of Jet Solar shows a fluctuating trend in its financial metrics over the years, with notable changes in net sales, operating profit, and overall financial position.<BR><BR>Breakdown:<BR>Jet Solar's net sales have varied significantly, peaking at 2.75 Cr in March 2019, before declining to 0.54 Cr in March 2025. The total operating income followed a similar trend, reaching its highest at 2.75 Cr in March 2019 and dropping to 0.54 Cr by March 2025. The company has consistently reported no other operating income. Total expenditure, excluding depreciation, has increased from 1.15 Cr in March 2020 to 1.19 Cr in March 2025, contributing to operating losses, with operating profit (PBDIT) showing a negative trend, culminating in -0.65 Cr in March 2025. Despite these losses, the company reported a profit before tax of 0.06 Cr in March 2025, maintaining a profit after tax of 0.04 Cr. The earnings per share (EPS) have fluctuated, with a recent value of 0.04 in March 2025, down from 0.14 in March 2024. The balance sheet reflects a significant increase in shareholder's funds from 5.66 Cr in March 2024 to 17.86 Cr in March 2025, driven by an increase in equity capital and reserves. Total liabilities also rose sharply to 22.66 Cr in March 2025, primarily due to increased current liabilities. Cash flow from operating activities has been negative at -2.00 Cr in March 2025, while cash flow from financing activities showed a positive inflow of 12.00 Cr, indicating reliance on financing to support operations. Overall, Jet Solar's financial performance has been characterized by volatility, with a mix of operational challenges and capital restructuring efforts.

Who are the top shareholders of the Jet Solar?

The top shareholders of Jet Solar are Rajul Shah, the promoter with 9.91%, and Janak Navinbhai Panchal, the highest public shareholder with 5.3%. Individual investors hold a significant 78.22% of the shares, with no institutional or pledged promoter holdings reported.

The top shareholders of Jet Solar include Rajul Shah, who is the promoter with the highest holding at 9.91%. The highest public shareholder is Janak Navinbhai Panchal, holding 5.3%. Additionally, individual investors collectively hold a significant portion of the company, accounting for 78.22% of the shares. There are no institutional holdings or pledged promoter holdings reported.

When is the next results date for Jet Solar?

No Upcoming Board Meetings

Has Jet Solar declared dividend?

No Dividend History Available

What is the bonus history of the Jet Solar?

Jet Solar has issued bonuses twice, with the latest being a 1:1 bonus on April 21, 2023, and a previous 1:1 bonus on September 17, 2018. This reflects the company's commitment to rewarding its shareholders.

Jet Solar has a history of issuing bonuses, with two notable instances. The most recent bonus was a 1:1 bonus issue announced on April 21, 2023, with the record and ex-date being the same. Prior to that, there was another 1:1 bonus issue on September 17, 2018, with the ex-date on September 14, 2018. This indicates that Jet Solar has consistently engaged in bonus issues to reward its shareholders.