Joindre Capital

Why is Joindre Capital Services Ltd falling/rising?

As of 18-Jul, Joindre Capital Services Ltd's stock price is declining at 54.38, reflecting a recent drop of -0.68% and underperforming its sector. Despite this, the stock has a year-to-date increase of 12.70%, but decreased investor participation is contributing to the current price decline.

As of 18-Jul, Joindre Capital Services Ltd is experiencing a decline in its stock price, currently at 54.38, which reflects a change of -0.37 or -0.68%. This drop is part of a broader trend, as the stock has been losing value for the last two days, resulting in a total decrease of -0.89% during this period. Additionally, the stock has underperformed its sector by -1.03% today.<BR><BR>Despite these recent declines, Joindre Capital has shown strong performance over longer periods, with a year-to-date increase of 12.70%, significantly outperforming the Sensex, which has fallen by 8.30% during the same timeframe. The stock has also been trading above its moving averages across various timeframes, indicating a generally positive trend in the longer term.<BR><BR>However, a notable factor contributing to the current decline is the falling investor participation, as evidenced by a delivery volume of 6.52k on July 16, which has decreased by 12.03% compared to the 5-day average. This reduction in trading activity may indicate waning interest among investors, which can exert downward pressure on the stock price.<BR><BR>In summary, while Joindre Capital Services Ltd has shown strong performance over the past year and beyond, the recent price decline is attributed to short-term underperformance, consecutive losses, and decreased investor participation.

Which are the latest news on Joindre Capital?

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

What does Joindre Capital do?

Joindre Capital Services Ltd is a micro-cap company in the Indian Capital Markets, specializing in retail broking, with a net sales of 10 Cr and net profit of 8 Cr for the quarter ending March 2026. It has a market cap of INR 68 Cr and key metrics include a P/E of 9.00 and a dividend yield of 4.01%.

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 the retail broking sector of the Indian Capital Market. The latest financial results reported are for the quarter ending March 2026, showcasing significant sales and profit figures.<BR><BR>Financial Snapshot:<BR>Net Sales: 10 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 8 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 68 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 4.01% <BR>Debt Equity: 0.01 <BR>Return on Equity: 8.07% <BR>Price to Book: 0.76 <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

How big is Joindre Capital?

As of 10th June, Joindre Capital Services Ltd has a market capitalization of 68.00 Cr, with Net Sales of 40.25 Cr and a Net Profit of 13.98 Cr reported over the latest 4 quarters. The balance sheet for March 2025 shows Shareholder's Funds of 79.54 Cr and Total Assets of 145.97 Cr.

As of 10th June, Joindre Capital Services Ltd has a market capitalization of 68.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Joindre Capital reported Net Sales of 40.25 Cr and a Net Profit of 13.98 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 79.54 Cr and Total Assets of 145.97 Cr.

Who are in the management team of Joindre Capital?

The management team of Joindre Capital consists of Anil Mutha, Dinesh Khandelwal, Paras Bathia, Subhash Agarwal, and Sunil Jain as 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, and Vijay Pednekar as Company Secretary.

The management team of Joindre Capital includes the following individuals:<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>If you need more details about any specific member or their roles, feel free to ask!

Who are the peers of the Joindre Capital?

Joindre Capital's peers include DB Intl.Stock, Asit C Mehta Fin, Inventure Grow., Onelife Capital, My Money Sec., Wallfort Fin., Mefcom Capital, and 21st Cent. Mgmt. In terms of performance, Joindre Capital has a 1-year return of -6.75%, better than Inventure Grow.'s -43.29% but lower than Onelife Capital's 105.21%.

Peers: The peers of Joindre Capital are DB Intl.Stock, Asit C Mehta Fin, Inventure Grow., Onelife Capital, My Money Sec., Wallfort Fin., Mefcom Capital, and 21st Cent. Mgmt.<BR><BR>Quality Snapshot: Excellent management risk is observed at DB Intl.Stock, Inventure Grow., Onelife Capital, My Money Sec., Wallfort Fin., Joindre Capital, Mefcom Capital, and 21st Cent. Mgmt., while Average management risk is found at My Money Sec. and 21st Cent. Mgmt. Below Average management risk is noted for Asit C Mehta Fin, Inventure Grow., Wallfort Fin., and the rest. Growth is Excellent at My Money Sec., Good at Onelife Capital, Average at Joindre Capital and Mefcom Capital, and Below Average at DB Intl.Stock, Asit C Mehta Fin, Inventure Grow., Wallfort Fin., and the rest. Capital Structure is Excellent for DB Intl.Stock, Inventure Grow., Onelife Capital, My Money Sec., Wallfort Fin., Joindre Capital, Mefcom Capital, and 21st Cent. Mgmt., while Below Average is noted for Asit C Mehta Fin.<BR><BR>Return Snapshot: Onelife Capital has the highest 1-year return at 105.21%, while Inventure Grow. has the lowest at -43.29%. Joindre Capital's 1-year return is -6.75%, which is higher than Inventure Grow. but lower than Onelife Capital. Additionally, Wallfort Fin., Mefcom Capital, and 21st Cent. Mgmt. have negative six-month returns.

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.

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

The next results date for Joindre Capital Services Ltd is 29 May 2026.

The next results date for Joindre Capital Services Ltd is scheduled for 29 May 2026.

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.