Jet Solar

Why is Jet Solar Ltd falling/rising?

As of 11-Aug, Jet Solar Ltd's stock price is Rs. 7.56, marking a new 52-week low and a 60.83% decline over the past year. The stock is underperforming its sector and trading below key moving averages, indicating a bearish trend and low liquidity despite increased investor participation.

As of 11-Aug, Jet Solar Ltd's stock price is currently at Rs. 7.56, with no change from the previous trading session. The stock has hit a new 52-week and all-time low today, indicating a significant decline in value. Over the past year, the stock has underperformed dramatically, with a decrease of 60.83%, compared to a modest decline of 3.04% in the Sensex during the same period.<BR><BR>In terms of performance today, Jet Solar Ltd has underperformed its sector by 5.68%. Additionally, the stock has shown erratic trading behavior, having not traded on 5 out of the last 20 days. It is also trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish trend.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 100% against the 5-day average, the overall liquidity remains low, as the stock is only liquid enough for a trade size of Rs 0 crore based on 2% of the 5-day average traded value. This combination of factors suggests that Jet Solar Ltd's stock is currently falling due to a lack of positive momentum and significant underperformance compared to both its sector and broader market benchmarks.

Which are the latest news on Jet Solar?

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.

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>- **George Mattappilly**: Chairman (Non-Executive)<BR>- **Rajul Shah**: Managing Director<BR>- **Haresh Kothari**: Independent Director<BR>- **Krunal Shah**: Company Secretary & Compliance Officer<BR>- **Riddhi Shah**: Director<BR>- **Dipesh Maru**: Independent Director<BR><BR>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the Jet Solar?

Jet Solar's peers include Max Heights, RTCL, Adhbhut Infra., Vas Infra., Gyan Developers, Ladam Affordab., Cemantic Infra, R J Shah & Co, and Sh. Krish. Infr., with Gyan Developers showing the highest 1-year return at 28.64% and Sh. Krish. Infr. the lowest at -80.48%.

Peers: The peers of Jet Solar are Max Heights, RTCL, Adhbhut Infra., Vas Infra., Gyan Developers, Ladam Affordab., Cemantic Infra, R J Shah & Co, and Sh. Krish. Infr.<BR><BR>Quality Snapshot: Below Average management risk is observed at Max Heights, RTCL, Adhbhut Infra., Gyan Developers, Ladam Affordab., and R J Shah & Co, while Average management risk is found at R J Shah & Co. Excellent capital structure is noted at Ladam Affordab., while Good capital structure is found at Gyan Developers and R J Shah & Co. The rest have Below Average or do not qualify for management risk, growth, and capital structure.<BR><BR>Return Snapshot: Gyan Developers has the highest 1-year return at 28.64%, while Sh. Krish. Infr. has the lowest at -80.48%, and Jet Solar's 1-year return of -38.99% is better than Sh. Krish. Infr. but worse than Gyan Developers. Additionally, Max Heights, RTCL, Adhbhut Infra., Vas Infra., Cemantic Infra, and Sh. Krish. Infr. all have negative six-month returns.

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.

What does Jet Solar do?

Jet Solar Ltd is a micro-cap company in the realty industry, incorporated in 2001, with a market cap of INR 22 Cr. Financial data for the latest quarter is unavailable, and key metrics include a P/E ratio of 23.00 and a debt-equity ratio of 0.07.

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, a partnership firm, through an agreement dated September 27, 2001. Revenue and profit data are not available for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 22 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 23.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.07 <BR>Return on Equity: 0.71% <BR>Price-to-Book: 3.92 <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 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.