JSL Industries (BSE 504080)₹802.00+1.78%Other Electrical Equipment
In the Mar 2026 quarter (standalone), JSL Industries reported sales of ₹17.23 Cr, up 28.0% from Mar 2025, and net profit of ₹1.20 Cr. For the year to Mar 2026, sales were ₹55.66 Cr and net profit ₹3.30 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.46 | 11.72 | 14.39 | 12.60 | 13.83 | 12.21 | 13.94 | 13.46 | 12.16 | 13.14 | 13.71 | 17.23 |
| Expenses | 11.90 | 10.42 | 13.02 | 11.51 | 13.35 | 11.19 | 12.28 | 12.83 | 11.70 | 12.08 | 12.47 | 15.98 |
| Operating Profit | 0.57 | 1.32 | 1.39 | 1.12 | 0.51 | 1.04 | 1.69 | 0.65 | 0.47 | 1.08 | 1.26 | 1.29 |
| OPM % | 4.7% | 11.4% | 9.7% | 9.0% | 3.8% | 8.6% | 12.2% | 4.9% | 4.0% | 8.3% | 9.3% | 7.5% |
| Other Income | 2.58 | 3.16 | −1.43 | 1.16 | 4.43 | 1.37 | 0.06 | −0.44 | 0.48 | 0.42 | 0.62 | 0.52 |
| Interest | 0.09 | 0.16 | 0.09 | 0.10 | 0.08 | 0.19 | 0.07 | 0.15 | 0.20 | 0.14 | 0.11 | −0.04 |
| Depreciation | 0.27 | 0.28 | 0.28 | 0.31 | 0.32 | 0.33 | 0.34 | 0.33 | 0.33 | 0.35 | 0.34 | 0.34 |
| Profit before tax | 2.82 | 4.07 | −0.38 | 1.90 | 4.59 | 1.92 | 1.37 | −0.24 | 0.45 | 1.04 | 1.46 | 1.52 |
| Tax % | 30.6% | 29.8% | −21.7% | 12.7% | 11.6% | 16.2% | 27.9% | −21.7% | 9.1% | 6.8% | 49.0% | 20.5% |
| Net Profit | 1.96 | 2.86 | −0.30 | 1.66 | 4.06 | 1.61 | 1.00 | −0.20 | 0.41 | 0.97 | 0.75 | 1.20 |
| EPS (Rs) | 16.66 | 24.35 | −2.48 | 14.11 | 34.63 | 13.68 | 8.46 | −1.63 | 3.42 | 8.21 | 6.32 | 10.17 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 47.59 | 44.30 | 47.14 | 54.62 | 48.27 | 48.92 | 54.76 | 48.35 | 50.53 | 52.93 | 55.66 | 56.24 |
| Expenses | 44.50 | 41.66 | 44.63 | 51.73 | 45.88 | 44.39 | 50.51 | 43.73 | 46.26 | 49.09 | 51.67 | 52.23 |
| Operating Profit | 3.14 | 2.78 | 2.65 | 3.03 | 2.54 | 4.68 | 4.34 | 4.76 | 4.44 | 3.94 | 4.15 | 4.10 |
| OPM % | 6.6% | 6.3% | 5.6% | 5.6% | 5.3% | 9.6% | 7.9% | 9.8% | 8.8% | 7.5% | 7.5% | 7.3% |
| Other Income | 0.20 | 0.33 | 0.25 | 0.27 | 0.60 | 0.54 | 0.99 | 2.41 | 5.46 | 5.41 | 2.01 | 2.04 |
| Interest | 1.02 | 0.81 | 0.94 | 0.92 | 0.79 | 0.58 | 0.60 | 0.59 | 0.41 | 0.46 | 0.41 | 0.41 |
| Depreciation | 1.61 | 1.62 | 1.63 | 1.69 | 1.62 | 1.22 | 1.01 | 1.07 | 1.12 | 1.29 | 1.33 | 1.36 |
| Profit before tax | 0.74 | 0.71 | 0.36 | 0.72 | 0.78 | 3.45 | 3.75 | 5.54 | 8.41 | 7.64 | 4.45 | 4.47 |
| Tax % | 32.9% | 28.5% | 42.8% | 54.9% | 59.7% | 30.0% | 26.2% | 37.8% | 26.6% | 15.4% | 25.7% | — |
| Exceptional items | −0.01 | 0.08 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.03 | 0.01 | 0.00 | — |
| Net Profit | 0.51 | 0.52 | 0.21 | 0.33 | 0.32 | 2.41 | 2.77 | 3.45 | 6.18 | 6.48 | 3.30 | 3.33 |
| EPS (Rs) | 4.50 | 4.58 | 1.71 | 2.74 | 2.65 | 20.52 | 23.58 | 29.39 | 52.65 | 55.17 | 28.12 | 28.12 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.13 | 1.13 | 1.13 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 |
| Reserves | 24.18 | 26.02 | 25.36 | 27.21 | 23.43 | 23.65 | 25.97 | 28.74 | 32.23 | 38.36 | 44.80 | 45.60 |
| Borrowings | 5.70 | 6.38 | 6.94 | 8.72 | 3.61 | 4.74 | 3.79 | 2.86 | 2.54 | 3.34 | 2.68 | 2.11 |
| Other Liabilities | 17.56 | 12.47 | 15.26 | 14.24 | 14.42 | 13.77 | 12.17 | 11.59 | 11.28 | 12.66 | 12.80 | 14.64 |
| Total Liabilities | 48.57 | 46.00 | 48.69 | 51.35 | 42.64 | 43.34 | 43.11 | 44.37 | 47.23 | 55.54 | 61.46 | 63.53 |
| Fixed Assets | 16.86 | 17.64 | 17.44 | 17.58 | 16.63 | 15.33 | 14.73 | 15.56 | 15.75 | 16.27 | 15.80 | 15.96 |
| CWIP | 0.62 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 7.15 | 7.14 | 7.15 | 7.11 | 6.65 | 5.75 | 5.76 | 0.26 | 1.65 | 5.60 | 8.71 | 5.27 |
| Other Assets | 23.94 | 21.22 | 24.10 | 26.66 | 19.36 | 22.26 | 22.62 | 28.55 | 29.83 | 33.67 | 36.95 | 42.30 |
| Inventories | 8.77 | 7.58 | 9.68 | 11.00 | 8.74 | 6.84 | 9.89 | 9.26 | 10.46 | 10.95 | 12.61 | 15.08 |
| Trade receivables | 7.08 | 4.84 | 5.68 | 7.34 | 5.00 | 4.74 | 2.87 | 4.34 | 3.26 | 2.47 | 4.17 | 3.37 |
| Cash & equivalents | 3.29 | 3.70 | 0.62 | 0.78 | 0.63 | 0.69 | 0.92 | 0.04 | 0.07 | 0.22 | 0.05 | 0.20 |
| Total Assets | 48.57 | 46.00 | 48.69 | 51.35 | 42.64 | 43.34 | 43.11 | 44.37 | 47.23 | 55.54 | 61.46 | 63.53 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.97 | −0.10 | 0.89 | −1.71 | 4.98 | −2.26 | 1.23 | −4.71 | 0.72 | −2.05 | −0.15 | 8.52 |
| Cash from investing activity | 1.72 | −1.73 | −1.18 | −1.49 | −0.03 | 1.21 | −0.11 | 4.66 | −1.94 | −0.26 | 1.18 | 0.22 |
| Cash from financing activity | −1.33 | 2.12 | 0.28 | 3.18 | −4.86 | 0.96 | −0.60 | −0.45 | 1.19 | 2.30 | −1.01 | −8.72 |
| Net cash flow | 1.35 | 0.29 | 0.00 | 0.00 | 0.08 | −0.09 | 0.53 | −0.52 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capex | 1.64 | 2.52 | 1.99 | 1.98 | 0.81 | 0.36 | 0.65 | 2.14 | 1.29 | 1.45 | 0.92 | 1.53 |
| Free cash flow | 2.54 | −2.00 | −0.46 | −3.48 | 4.25 | −2.60 | 0.69 | −6.57 | −0.48 | −3.41 | −0.96 | 7.03 |
| CFO / OP % | 38.0% | 6.0% | 44.0% | −61.0% | 178.0% | −76.0% | 47.1% | −84.0% | 27.0% | −21.0% | 24.0% | 234.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 47 | 37 | 46 | 56 | 33 | 36 | 21 | 29 | 24 | 18 | 29 | 22 |
| Inventory days | 89 | 94 | 130 | 135 | 87 | 84 | 130 | 95 | 137 | 134 | 150 | 162 |
| Days payable | 108 | 112 | 141 | 122 | 84 | 100 | 87 | 38 | 50 | 52 | 41 | 54 |
| Cash conversion cycle | 27 | 18 | 34 | 68 | 35 | 19 | 63 | 85 | 111 | 99 | 138 | 129 |
| Working capital days | −6 | −11 | 11 | 48 | 38 | 59 | 77 | 108 | 132 | 162 | 184 | 142 |
| ROCE % | 9.1% | 5.5% | 4.0% | 3.6% | 4.9% | 5.4% | 13.0% | 13.6% | 17.8% | 22.1% | 17.6% | 9.9% |
For the Mar 2026 quarter, JSL Industries reported sales of ₹17.23 Cr, up 28.0% year on year and net profit of ₹1.20 Cr. The operating margin was 7.5%.
JSL Industries' sales for the year to Mar 2026 were ₹55.66 Cr; over the last twelve months they were ₹56.24 Cr.
Net profit for the year to Mar 2026 was ₹3.30 Cr, and ₹3.33 Cr over the last twelve months. Earnings per share over the same trailing period were ₹28.12.
JSL Industries reported borrowings of ₹2.11 Cr at Mar 2026, against cash and equivalents of ₹0.20 Cr.
Cash from operations was ₹8.52 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹7.03 Cr.