Joindre Capital

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 market cap of Rs 77 Cr and reported net sales of 10 Cr and net profit of 2 Cr for Q1 2025. Established in 1995, it has a P/E ratio of 10.00 and a dividend yield of 3.65%.

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 within the Indian Capital Market. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 10 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 77 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 10.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 3.65% <BR>Debt-Equity: 0.01 <BR>Return on Equity: 10.01% <BR>Price to Book: 0.95<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 in the management team of Joindre Capital?

As of March 2018, the management team of Joindre Capital includes Anil Mutha, Dinesh Khandelwal, Paras Bathia, Subhash Agarwal, Sunil Jain as Whole Time Directors, along with several Non Executive Independent Directors, including Sanjay Jain, Haresh Mehta, and others, totaling a diverse governance structure.

As of March 2018, 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>This team comprises a mix of whole-time directors and independent directors, contributing to the governance and management of the company.

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.

Who are the peers of the Joindre Capital?

Joindre Capital's peers include HDFC AMC, Motil.Oswal.Fin., Nippon Life Ind., 360 ONE, Mefcom Capital, Gogia Capital, My Money Sec., Khandwala Sec., and BSE. Joindre Capital has below average management risk and good growth, with a 1-year return of 33.45%, lower than Motil.Oswal.Fin.'s 37.01% but higher than Gogia Capital's -11.62%.

Peers: The peers of Joindre Capital are HDFC AMC, Motil.Oswal.Fin., Nippon Life Ind., 360 ONE, Mefcom Capital, Gogia Capital, My Money Sec., Khandwala Sec., and BSE.<BR><BR>Quality Snapshot: Excellent management risk is observed at HDFC AMC, Nippon Life Ind., and 360 ONE, while Good management risk is found at Motil.Oswal.Fin. and BSE. Average management risk is present at Mefcom Capital and My Money Sec., and Below Average management risk is noted at Joindre Capital and Khandwala Sec. In terms of Growth, Excellent growth is seen at My Money Sec., Good growth is noted at Joindre Capital and Motil.Oswal.Fin., while Average growth is observed at Mefcom Capital, Nippon Life Ind., 360 ONE, and the rest. Below Average growth is found at Gogia Capital and Khandwala Sec., with Excellent capital structure at HDFC AMC, Nippon Life Ind., 360 ONE, Joindre Capital, Mefcom Capital, Gogia Capital, My Money Sec., Khandwala Sec., and BSE.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Motil.Oswal.Fin. at 37.01%, while the lowest is Gogia Capital at -11.62%. Joindre Capital's 1-year return is 33.45%, which is significantly higher than Gogia Capital's but lower than Motil.Oswal.Fin. Additionally, Mefcom Capital, Gogia Capital, My Money Sec., and Khandwala Sec. all have negative six-month returns.

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.

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.

How big is Joindre Capital?

As of 24th July, Joindre Capital Services Ltd has a market capitalization of 80.00 Cr and reported Net Sales of 48.33 Cr and a Net Profit of 7.96 Cr in the latest four quarters. Shareholder's Funds were 79.54 Cr, and Total Assets were 145.97 Cr.

As of 24th July, Joindre Capital Services Ltd has a market capitalization of 80.00 Cr, classified as a Micro Cap.<BR><BR>In the latest four quarters, the company reported Net Sales of 48.33 Cr and a Net Profit of 7.96 Cr.<BR><BR>For the latest annual period, Shareholder's Funds were recorded at 79.54 Cr, while Total Assets amounted to 145.97 Cr.

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.

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.

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.

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.

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

Why is Joindre Capital Services Ltd falling/rising?

As of 02-Jun, Joindre Capital Services Ltd's stock price is slightly down at 50.91, but it has outperformed the Sensex over various periods. Despite a minor decline today, strong investor interest and positive long-term metrics indicate a generally favorable outlook.

As of 02-Jun, Joindre Capital Services Ltd is experiencing a slight decline in its stock price, currently at 50.91, which reflects a change of -0.08 or -0.16%. Despite this minor drop, the stock has shown strong performance over various periods, outperforming the benchmark Sensex in the 1-week, 1-month, and year-to-date comparisons, with returns of +6.35%, +7.13%, and +5.51% respectively, while the Sensex has declined in those same periods.<BR><BR>Today's performance indicates that the stock has underperformed its sector by -0.27%. However, it is noteworthy that Joindre Capital is trading above its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a generally positive trend in the stock's performance. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 433.3% compared to the 5-day average, indicating growing interest in the stock.<BR><BR>Moreover, the stock offers a high dividend yield of 3.92%, which can attract investors looking for income. The liquidity of the stock is also favorable, allowing for sufficient trading activity. Overall, while the stock is currently experiencing a slight decline, the underlying metrics suggest a robust performance and positive investor sentiment in the longer term.

Which are the latest news on Joindre Capital?