Jhaveri Credits

What does Jhaveri Credits do?

Jhaveri Credits & Capital Ltd is a micro-cap NBFC in India that offers financial services such as leasing and commodity broking. As of March 2025, it reported net sales of 1 Cr and a net loss of 1 Cr, with a market cap of Rs 249 Cr.

Overview: <BR>Jhaveri Credits & Capital Ltd is a micro-cap company operating in the Non-Banking Financial Company (NBFC) sector, providing financial products and services in India, including leasing, hire purchase, and commodity broking.<BR><BR>History: <BR>Jhaveri Credits & Capital Ltd was incorporated on October 7, 1993. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 249 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 106.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 2.72% <BR>Price-to-Book: 2.90 <BR><BR>Contact Details: <BR>Address: 301 Payal Towers, Sayajigunj Vadodara Gujarat : 390020 <BR>Tel: 91-265-2362027/2361096 <BR>Email: igc@jhaverisec.com <BR>Website: http://www.jhaveritrade.com

Who are in the management team of Jhaveri Credits?

As of March 2023, the management team of Jhaveri Credits includes Bhaderesh J Jhaveri, Ashesh J Trivedi, Kamlesh J Jhaveri, Satish Chimanlal Trivedi, Rupal K. Jhaveri, and Nevil Dharmeshkumar Sheth, who serve in various director and compliance roles.

As of March 2023, the management team of Jhaveri Credits includes the following individuals:<BR><BR>1. Bhaderesh J Jhaveri - Non-Executive & Non-Independent Director<BR>2. Ashesh J Trivedi - Non-Executive & Independent Director<BR>3. Kamlesh J Jhaveri - Whole-time Director<BR>4. Satish Chimanlal Trivedi - Independent Director<BR>5. Rupal K. Jhaveri - Non-Executive Director<BR>6. Nevil Dharmeshkumar Sheth - Company Secretary & Compliance Officer<BR><BR>These members play various roles within the company's governance structure.

Has Jhaveri Credits declared dividend?

No Dividend History Available

Who are the peers of the Jhaveri Credits?

Jhaveri Credits' peers include Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Garnet Intl., Paul Merchants, Gamco Ltd, and Available Fin. In terms of management risk, growth, and capital structure, they vary from excellent to below average, with Jhaveri Credits showing a 1-year return of -22.94%.

Peers: The peers of Jhaveri Credits are Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Garnet Intl., Paul Merchants, Gamco Ltd, and Available Fin.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Finance, Cholaman.Inv.&Fn, and Muthoot Finance, while Average management risk is found at Jio Financial and Keynote Finan. Good management risk is present at Shriram Finance, and the rest have Below Average management risk, which includes Jhaveri Credits, Garnet Intl., Paul Merchants, and Gamco Ltd. In terms of Growth, Excellent growth is noted at Jio Financial and Jhaveri Credits, Good growth is seen at Bajaj Finance, Cholaman.Inv.&Fn, and Shriram Finance, while Average growth is present at Muthoot Finance, and the rest have Below Average growth. For Capital Structure, Excellent capital structure is observed at Bajaj Finance, Jio Financial, Shriram Finance, Muthoot Finance, and Jhaveri Credits, while Good capital structure is found at Cholaman.Inv.&Fn, and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Garnet Intl. at 155.05%, while Gamco Ltd has the lowest at -86.37%. Jhaveri Credits has a 1-year return of -22.94%, which is significantly lower than both extremes. Additionally, the peers with negative six-month returns include Jio Financial, Gamco Ltd, Available Fin., and Jhaveri Credits.

Is Jhaveri Credits overvalued or undervalued?

As of July 26, 2023, Jhaveri Credits is considered very expensive and overvalued with a PE ratio of 103.02, significantly higher than its peers, and a low return on equity of 2.72%, despite a recent monthly return of 36.22%, it has underperformed the Sensex with a yearly decline of 20.02%.

As of 26 July 2023, the valuation grade for Jhaveri Credits has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 103.02, an EV to EBIT of -156.33, and an EV to EBITDA of -207.92, all of which suggest that the stock is trading at a premium compared to its earnings and cash flow generation capabilities.<BR><BR>In comparison to its peers, Jhaveri Credits' PE ratio is substantially higher than Life Insurance at 12.54 and Bajaj Finance at 35.01, both of which are classified as fair or very expensive but still exhibit more reasonable valuations. Additionally, the company's return on equity (ROE) stands at 2.72%, which is relatively low compared to the industry standards. Notably, while Jhaveri Credits has experienced a 36.22% return over the past month, it has underperformed against the Sensex over the year with a decline of 20.02%.

What is the technical trend for Jhaveri Credits?

As of April 8, 2025, Jhaveri Credits shows a mildly bearish technical trend, with mixed signals from indicators like the weekly MACD and RSI, suggesting caution despite some bullish signs on the weekly chart.

As of 8 April 2025, the technical trend for Jhaveri Credits has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The RSI on a weekly basis is bearish, which adds to the caution. Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly. Daily moving averages are mildly bearish, reinforcing the overall cautious outlook. KST is mildly bullish on the weekly but mildly bearish on the monthly, and Dow Theory supports a mildly bullish view on both time frames. Overall, the technical stance is mildly bearish, with key indicators like the weekly RSI and daily moving averages driving this assessment.

Who are the top shareholders of the Jhaveri Credits?

The top shareholders of Jhaveri Credits include Vishnubhai Vitthalbhai Patel, who holds 53.15%, and Riddhi Landmark LLP, the largest public shareholder at 5.56%. Additionally, foreign institutional investors own 4.4%, while individual investors hold 27.76% of the shares, with no pledged promoter holdings or mutual fund investments.

The top shareholders of Jhaveri Credits include the promoters, with Vishnubhai Vitthalbhai Patel holding the largest share at 53.15%. Additionally, Riddhi Landmark LLP is the highest public shareholder, owning 5.56%. The company also has 2 foreign institutional investors (FIIs) holding a combined 4.4% of the shares. Individual investors collectively hold 27.76% of the company's shares. There are no pledged promoter holdings, and no mutual funds are currently invested in the company.

When is the next results date for Jhaveri Credits?

Jhaveri Credits will announce its results on July 31, 2025.

Jhaveri Credits will declare its results on 31 July 2025.

How big is Jhaveri Credits?

As of 24th July, Jhaveri Credits & Capital Ltd has a market capitalization of 218.00 Cr, classifying it as a Micro Cap company, with recent Net Sales of 19.23 Cr and a Net Profit of 2.39 Cr. Specific values for Shareholder's Funds and Total Assets are not available.

As of 24th July, Jhaveri Credits & Capital Ltd has a market capitalization of 218.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Jhaveri Credits reported Net Sales of 19.23 Cr and a Net Profit of 2.39 Cr.<BR><BR>The reporting period for the balance sheet data is the latest annual period. However, specific values for Shareholder's Funds and Total Assets are not available.

How has been the historical performance of Jhaveri Credits?

Jhaveri Credits has shown significant growth in net sales and profitability from March 2021 to March 2025, with net sales increasing from 0.19 crore to 23.31 crore and profit after tax rising to 2.41 crore, reflecting improved operational efficiency and a positive financial trend.

Answer:<BR>The historical performance of Jhaveri Credits shows a significant increase in net sales and profitability over the years, particularly from March 2021 to March 2025.<BR><BR>Breakdown:<BR>Jhaveri Credits has demonstrated a notable growth in net sales, rising from just 0.19 crore in March 2021 to 23.31 crore in March 2025, despite a slight decline to 26.20 crore in March 2024. The total operating income followed a similar trend, reaching 23.31 crore in March 2025, up from 11.62 crore in March 2023. The company has managed to improve its operating profit, which increased to 3.34 crore in March 2025 from 0.00 crore in March 2021, indicating a turnaround in operational efficiency. Profit before tax also saw an upward trajectory, reaching 2.76 crore in March 2025, while profit after tax rose to 2.41 crore in the same period, showcasing a healthy PAT margin of 10.34%. The earnings per share (EPS) improved significantly, climbing to 2.81 in March 2025 from a loss of 0.60 in March 2021. Overall, Jhaveri Credits has shown a positive trend in financial performance, reflecting its growth and operational improvements over the years.

Should I buy, sell or hold Jhaveri Credits?

Are Jhaveri Credits & Capital Ltd latest results good or bad?

Jhaveri Credits & Capital Ltd's latest results show mixed signals; while net sales increased significantly, net profit declined year-on-year, and profit margins have shrunk, indicating operational challenges and low capital efficiency. Overall, the financial performance suggests more underlying issues than positive growth.

The latest results for Jhaveri Credits & Capital Ltd indicate significant challenges. While the company reported a net profit of ₹1.23 crore for Q2 FY26, reflecting a slight increase of 3.36% quarter-on-quarter, this is overshadowed by a dramatic surge in net sales, which rose 127.47% to ₹22.36 crore. However, this spike follows an extraordinary increase of 923.96% in the previous quarter, suggesting extreme volatility rather than stable growth.<BR><BR>Year-on-year comparisons reveal a concerning trend, as net profit has actually declined by 12.14% from ₹1.40 crore in Q2 FY25. The profit after tax (PAT) margin has also compressed sharply to 5.50%, down from 12.11% in the previous quarter, indicating operational inefficiencies and rising costs.<BR><BR>Moreover, the company's return on equity (ROE) stands at a mere 2.83%, which is significantly below acceptable standards for financial services, raising questions about its capital efficiency. The overall financial performance reflects a company struggling to maintain consistent profitability and operational stability.<BR><BR>In summary, while there are some positive indicators like a rise in sales, the overall picture is concerning, marked by declining profits, shrinking margins, and low capital efficiency. This suggests that the latest results are more indicative of underlying issues than of a robust financial performance.

Why is Jhaveri Credits & Capital Ltd falling/rising?

As of 04-Mar, the stock price of Jhaveri Credits & Capital Ltd is slightly rising at 163.60, but it has experienced a year-to-date decline of 25.62%. Despite today's minor increase, the stock is underperforming over various time frames and shows reduced investor interest.

As of 04-Mar, the stock price of Jhaveri Credits & Capital Ltd is rising slightly, with a current price of 163.60, reflecting a change of 0.45 (0.28%) upward. Despite this minor increase, the stock has shown a negative performance over various time frames, including a year-to-date decline of 25.62% compared to a 7.16% drop in the benchmark Sensex. Over the past week, the stock has decreased by 3.74%, while the Sensex has fallen by 3.84%.<BR><BR>Today's performance indicates that Jhaveri Credits has outperformed its sector by 3.14%, which may contribute to the slight rise in its stock price. However, it is important to note that the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a general downward trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 50.04% against the 5-day average, indicating reduced interest in trading the stock.<BR><BR>Overall, while there is a small uptick in the stock price today, the broader context shows a concerning trend of declining performance and investor participation, which could overshadow the current rise.

Which are the latest news on Jhaveri Credits?