Joindre Capital

Why is Joindre Capital Services Ltd falling/rising?

As of 01-Sep, Joindre Capital Services Ltd's stock price is at 48.86, down 0.45%, with a total decline of 0.81% over the last two days. Despite a high dividend yield of 4.08%, investor participation is decreasing, and long-term growth prospects are concerning due to weak fundamentals and underperformance compared to the benchmark Sensex.

As of 01-Sep, Joindre Capital Services Ltd's stock price is currently at 48.86, reflecting a decline of 0.22, or 0.45%. The stock has been experiencing a consecutive fall over the last two days, with a total decrease of 0.81% during this period. This downward trend is further supported by the stock's performance over the past week and month, where it has underperformed compared to the benchmark Sensex, showing declines of 0.97% and 2.88%, respectively.<BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 69.28% against the five-day average. Although the stock has a high dividend yield of 4.08%, which is attractive, the overall sentiment is negatively impacted by weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 8.35% and poor growth rates in net sales and operating profit.<BR><BR>Despite some positive financial results reported on June 26, including the highest net sales and profit before tax in recent quarters, the stock's long-term growth prospects remain a concern. The stock is trading at a premium compared to its peers, but the weak performance over the past year, with a return of -1.67%, and the modest growth in profits of only 2.8% contribute to the current decline in stock price.

Who are in the management team of Joindre Capital?

The management team of Joindre Capital includes Anil Mutha, Dinesh Khandelwal, Paras Bathia, Subhash Agarwal, Sunil Jain (all Whole Time Directors), along with several Non Executive Independent Directors including Sanjay Jain, Haresh Mehta, Ramavtar Badaya, Ravi Sant Jain, Sonali Chaudhary, and Veepin Thokal, as well as Company Secretary Vijay Pednekar. This diverse team oversees the company's governance and management.

The management team of Joindre Capital includes the following members:<BR><BR>1. Anil Mutha - Whole Time Director<BR>2. Dinesh Khandelwal - Whole Time Director<BR>3. Paras Bathia - Whole Time Director<BR>4. Subhash Agarwal - Whole Time Director<BR>5. Sunil Jain - Whole Time Director<BR>6. Sanjay Jain - Additional Non Executive & Independent Director<BR>7. Haresh Mehta - Non Executive Independent Director<BR>8. Ramavtar Badaya - Non Executive Independent Director<BR>9. Ravi Sant Jain - Non Executive Independent Director<BR>10. Sonali Chaudhary - Non Executive Independent Director<BR>11. Veepin Thokal - Non Executive Independent Director<BR>12. Vijay Pednekar - Company Secretary<BR><BR>This team comprises both executive and independent directors, contributing to the governance and management of the company.

What does Joindre Capital do?

Joindre Capital Services Ltd is a micro-cap company specializing in retail broking in the Indian stock markets, with recent net sales of 11 Cr and net profit of 2 Cr as of June 2026. The company has a market cap of INR 68 Cr and key metrics include a P/E of 9.00 and a dividend yield of 4.06%.

Overview:<BR>Joindre Capital Services Ltd operates in the capital markets industry as a micro-cap company, specializing in retail broking.<BR><BR>History:<BR>Incorporated in 1995, Joindre Capital has established itself as a pioneer in retail broking within the rapidly changing Indian stock markets. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 11 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 68 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 4.06% <BR>Debt-Equity: 0.01 <BR>Return on Equity: 8.07% <BR>Price to Book: 0.75 <BR><BR>Contact Details:<BR>Address: 29-32 3rd Floor +/5 Bansilal, Building Homi Modi Street Fort Mumbai Maharashtra : 400023 <BR>Email: info@joindre.com <BR>Website: http://www.joindre.com

Who are the peers of the Joindre Capital?

Joindre Capital's peers include Inventure Grow, DB Intl. Stock, Munoth Capital, Asit C Mehta Fin, Wallfort Fin, My Money Sec, Mefcom Capital, and 21st Cent. Mgmt. While Joindre Capital has below average management and capital structure ratings, its 1-year return is -2.87%, better than Inventure Grow's -35.37% but lower than DB Intl. Stock's 16.53%.

Peers: The peers of Joindre Capital are Inventure Grow., DB Intl.Stock, Munoth Capital, Asit C Mehta Fin, Wallfort Fin., My Money Sec., Mefcom Capital, and 21st Cent. Mgmt.<BR><BR>Quality Snapshot: Excellent management risk is observed at Inventure Grow., DB Intl.Stock, Wallfort Fin., Mefcom Capital, My Money Sec., and 21st Cent. Mgmt., while Below Average management risk is found at Joindre Capital, Asit C Mehta Fin, and the rest. Growth ratings show that My Money Sec. has Good growth, while Below Average growth is noted at Inventure Grow., DB Intl.Stock, Asit C Mehta Fin, Joindre Capital, Wallfort Fin., and the rest. Excellent capital structure is seen at Inventure Grow., DB Intl.Stock, Wallfort Fin., Mefcom Capital, and the rest, while Joindre Capital, Asit C Mehta Fin, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is DB Intl.Stock at 16.53%, while the lowest is Inventure Grow. at -35.37%. Joindre Capital's own 1-year return is -2.87%, which is higher than Inventure Grow. but lower than DB Intl.Stock. Additionally, peers such as Asit C Mehta Fin, Wallfort Fin., My Money Sec., and Mefcom Capital have negative six-month returns.

How big is Joindre Capital?

As of 31st August, Joindre Capital Services Ltd has a market capitalization of 68.00 Cr, with Net Sales of 40.82 Cr and a Net Profit of 14.12 Cr reported in the latest four quarters. The company has Shareholder's Funds of 90.82 Cr and Total Assets of 175.35 Cr for the annual period ending in March 2026.

As of 31st August, Joindre Capital Services Ltd has a market capitalization of 68.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Joindre Capital reported Net Sales of 40.82 Cr and a Net Profit of 14.12 Cr.<BR><BR>For the latest annual period ending in March 2026, the company had Shareholder's Funds of 90.82 Cr and Total Assets amounting to 175.35 Cr.

Which are the latest news on Joindre Capital?

Should I buy, sell or hold Joindre Capital Services Ltd?

When is the next results date for Joindre Capital Services Ltd?

The next results date for Joindre Capital Services Ltd is 12 August 2026.

The next results date for Joindre Capital Services Ltd is scheduled for 12 August 2026.

Are Joindre Capital Services Ltd latest results good or bad?

Joindre Capital Services Ltd's latest results show a significant profit increase of 294.29% year-on-year, but revenue growth is minimal at 1.43%, and operating margins have contracted, indicating underlying challenges. Overall, while profits look strong, concerns about sustainability and operational efficiency suggest caution for investors.

Joindre Capital Services Ltd's latest results present a mixed picture. On one hand, the company reported a significant year-on-year increase in net profit of 294.29%, reaching ₹8.28 crores, and a quarter-on-quarter profit surge of 398.80%. However, this impressive profit growth is largely attributed to an unusually low tax rate of 5.15%, which raises concerns about the sustainability of these earnings.<BR><BR>In terms of revenue, the growth was minimal at just 1.43% year-on-year, with total revenues of ₹9.91 crores. This stagnation is particularly troubling given the overall robust activity in the equity markets during the same period. Additionally, the operating margins have contracted sharply to 20.38%, marking a seven-quarter low and indicating deteriorating operational efficiency.<BR><BR>The company's profit before tax, excluding other income, fell by 35.45% year-on-year, which further underscores the challenges it faces in maintaining core profitability. The absence of institutional interest and the significant competitive pressures from discount brokerages add to the concerns about its future performance.<BR><BR>Overall, while the headline profit figures may seem positive, the underlying operational weaknesses and revenue stagnation suggest that the results are not as good as they appear at first glance. Investors should approach with caution, considering the potential for future challenges.

How has been the historical performance of Joindre Capital?

Joindre Capital has shown significant growth, with net sales increasing from 41.51 Cr in March 2024 to 48.34 Cr in March 2025, and profit after tax rising from 0.49 Cr to 9.96 Cr during the same period, indicating strong operational efficiency and recovery. Total liabilities decreased, while cash reserves remained healthy at 97 Cr.

Answer:<BR>The historical performance of Joindre Capital shows a significant upward trend in net sales and profitability over the past few years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Joindre Capital's net sales increased from 41.51 Cr in March 2024 to 48.34 Cr in March 2025, reflecting a strong growth trajectory. The total operating income also rose to 48.34 Cr in March 2025, up from 41.51 Cr the previous year. Operating profit, excluding other income, reached 14.88 Cr in March 2025, compared to 11.11 Cr in March 2024, indicating improved operational efficiency. The profit before tax surged to 13.38 Cr in March 2025 from 3.12 Cr in the prior year, while profit after tax saw a remarkable increase to 9.96 Cr from just 0.49 Cr. This growth in profitability is reflected in the earnings per share, which rose to 7.2 from 0.35. Despite a decrease in total liabilities from 173.81 Cr in March 2024 to 145.97 Cr in March 2025, the company maintained a healthy cash position, with closing cash and cash equivalents at 97 Cr in March 2025, although down from 108 Cr in March 2024. Overall, Joindre Capital's financial performance demonstrates a robust recovery and growth in both revenue and profitability metrics.

Is Joindre Capital overvalued or undervalued?

As of October 9, 2025, Joindre Capital is considered very attractive and undervalued with a PE ratio of 9.48, significantly lower than peers like Bajaj Finance at 36.57, and despite a recent 1-year return of -12.36% compared to the Sensex, it shows strong long-term growth potential with a 201.51% return over five years.

As of 9 October 2025, Joindre Capital's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its valuation outlook. The company is currently assessed as undervalued. Key ratios include a PE ratio of 9.48, a Price to Book Value of 0.87, and an EV to EBITDA of -1.99, which highlight its low valuation compared to its earnings and asset base.<BR><BR>In comparison to its peers, Joindre Capital's PE ratio stands in stark contrast to Bajaj Finance, which is very expensive at 36.57, and Life Insurance, rated very attractive with a PE of 11.62. This suggests that Joindre Capital is trading at a substantial discount relative to its industry peers. Despite recent underperformance against the Sensex, with a 1-year return of -12.36% compared to the Sensex's 0.87%, the long-term performance of 201.51% over five years indicates strong potential for recovery and growth.

Who are the top shareholders of the Joindre Capital?

The top shareholders of Joindre Capital include promoter Anil Devichand Mutha with 12.8% ownership, followed by public shareholder Kamal Kishor Agrawal at 3.72%. Individual investors hold a combined 28.23%, with no pledged promoter holdings or mutual funds/foreign institutional investors involved.

The top shareholders of Joindre Capital include the promoters, who hold the majority of the shares. The promoter with the highest holding is Anil Devichand Mutha, owning 12.8% of the company. In terms of public shareholders, Kamal Kishor Agrawal is the highest, with a stake of 3.72%. Additionally, individual investors collectively hold 28.23% of the shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares.

What is the technical trend for Joindre Capital?

As of June 2, 2025, Joindre Capital's trend is neutral with mixed signals; while weekly indicators suggest mild bullishness, monthly indicators lean bearish, reflecting overall uncertainty in market direction.

As of 2 June 2025, the technical trend for Joindre Capital has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum. The Bollinger Bands show bullish signals on both weekly and monthly time frames, suggesting potential upward movement. However, daily moving averages are mildly bearish, which adds to the uncertainty. The KST and Dow Theory both indicate a mildly bullish outlook on the weekly basis, but remain mildly bearish monthly. Overall, the strength of the trend is weak, reflecting a lack of clear direction in the current market environment.

Has Joindre Capital declared dividend?

Joindre Capital Services Ltd has declared a 20% dividend, amounting to 2 per share, with an ex-date of August 9, 2024. The company has demonstrated strong total returns over various periods, particularly in the long term.

Joindre Capital Services Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2<BR>- Ex-date: 09 Aug 24<BR><BR>Dividend Yield: 3.65%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -13.5%, with a dividend return of 0%, resulting in a total return of -13.5%.<BR><BR>For the 1-year period, the price return was 27.35%, the dividend return was 4.41%, leading to a total return of 31.76%.<BR><BR>Over the 2-year period, the price return was 59.27%, with a dividend return of 9.65%, culminating in a total return of 68.92%.<BR><BR>In the 3-year period, the price return was 106.83%, alongside a dividend return of 16.33%, resulting in a total return of 123.16%.<BR><BR>For the 4-year period, the price return was 177.02%, with a dividend return of 20.69%, leading to a total return of 197.71%.<BR><BR>Lastly, in the 5-year period, the price return was 269.8%, with a dividend return of 41.93%, resulting in a total return of 311.73%.<BR><BR>Overall, Joindre Capital has declared a significant dividend and has shown strong total returns over various periods, indicating a positive financial performance, particularly in the long term.