JMG Corporation (BSE 523712)₹5.950.00%Plastic Products - Industrial
In the Mar 2026 quarter (standalone), JMG Corporation reported sales of ₹0.14 Cr, down 80.3% from Mar 2025, and net profit of −₹0.23 Cr, down 139.0% year on year. For the year to Mar 2026, sales were ₹0.69 Cr and net profit −₹1.06 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 | 0.02 | 0.24 | 0.21 | 0.18 | 0.02 | 0.08 | 0.13 | 0.71 | 0.24 | 0.12 | 0.23 | 0.14 |
| Expenses | 0.17 | 0.15 | 0.11 | 0.13 | 0.18 | 0.19 | 0.29 | 0.27 | 0.56 | 0.49 | 0.32 | 0.37 |
| Operating Profit | −0.16 | 0.06 | 0.07 | 0.02 | −0.17 | −0.12 | −0.17 | 0.41 | −0.33 | −0.36 | −0.08 | −0.24 |
| OPM % | −1,700.0% | 30.4% | 40.0% | 17.7% | −1,800.0% | −185.7% | −150.0% | 60.0% | −147.9% | −336.4% | −40.9% | −192.3% |
| Other Income | 0.05 | 0.05 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.21 | 0.00 | 0.00 | 0.00 | 0.02 |
| Interest | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.05 | 0.04 | 0.03 | 0.02 | 0.03 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | −0.12 | 0.10 | 0.11 | 0.06 | −0.18 | −0.13 | −0.18 | 0.59 | −0.35 | −0.37 | −0.08 | −0.23 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Profit | −0.13 | 0.10 | 0.11 | 0.06 | −0.18 | −0.13 | −0.18 | 0.59 | −0.35 | −0.37 | −0.08 | −0.23 |
| EPS (Rs) | −0.05 | 0.04 | 0.04 | 0.02 | −0.07 | −0.05 | −0.07 | 0.25 | −0.15 | −0.15 | −0.03 | −0.09 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.04 | 0.46 | 0.21 | 0.54 | 0.46 | 6.05 | 2.25 | 3.60 | 0.63 | 0.91 | 0.69 | 0.73 |
| Expenses | 1.18 | 0.68 | 0.69 | 0.97 | 0.87 | 7.59 | 4.06 | 4.07 | 0.60 | 0.94 | 1.70 | 1.74 |
| Operating Profit | −0.15 | −0.23 | −0.49 | −0.44 | −0.42 | −1.56 | −1.80 | −0.48 | 0.00 | −0.04 | −1.02 | −1.01 |
| OPM % | −15.6% | −53.3% | −250.0% | −85.0% | −95.6% | −26.0% | −80.8% | −13.7% | 1.6% | −5.6% | −151.5% | −138.4% |
| Other Income | 0.50 | 0.49 | 0.52 | 0.52 | 0.39 | 0.30 | 0.27 | 0.24 | 0.23 | 0.23 | 0.04 | 0.02 |
| Interest | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.03 | 0.08 | 0.09 | 0.09 | 0.11 | 0.09 | 0.12 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.34 | 0.25 | 0.01 | 0.07 | −0.02 | −1.27 | −1.59 | −0.31 | 0.16 | 0.08 | −1.06 | −1.03 |
| Tax % | 28.5% | 34.6% | −50.0% | 12.5% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Net Profit | 0.24 | 0.16 | 0.02 | 0.05 | −0.02 | −1.27 | −1.60 | −0.31 | 0.16 | 0.07 | −1.06 | −1.03 |
| EPS (Rs) | 0.12 | 0.08 | 0.01 | 0.02 | −0.01 | −0.54 | −0.69 | −0.13 | 0.06 | 0.02 | −0.45 | −0.42 |
| 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 | 4.96 | 4.95 | 4.96 | 4.96 | 4.96 | 4.96 | 5.79 | 5.78 | 5.78 | 5.78 | 5.78 | 5.78 |
| Reserves | 3.67 | 3.92 | 4.10 | 4.12 | 4.18 | 4.16 | 3.09 | 1.49 | 1.17 | 1.34 | 1.42 | 0.35 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.97 | 0.78 | 0.83 | 0.88 | 0.61 | 0.82 |
| Other Liabilities | 0.27 | 0.71 | 0.75 | 0.36 | 0.41 | 0.70 | 0.70 | 0.43 | 0.45 | 0.16 | 0.49 | 0.37 |
| Total Liabilities | 8.90 | 9.58 | 9.81 | 9.44 | 9.55 | 9.82 | 10.55 | 8.48 | 8.23 | 8.16 | 8.30 | 7.32 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.67 | 0.67 | 0.66 | 0.67 | 0.67 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 8.14 | 8.82 | 9.05 | 8.68 | 8.79 | 9.06 | 10.55 | 7.81 | 7.56 | 7.50 | 7.63 | 6.65 |
| Trade receivables | 0.17 | 0.87 | 1.04 | 0.69 | 0.75 | 1.04 | 1.81 | 0.91 | 0.77 | 0.59 | 0.52 | 0.01 |
| Cash & equivalents | 2.30 | 2.01 | 2.24 | 0.85 | 0.71 | 1.05 | 2.48 | 0.42 | 0.21 | 0.33 | 0.49 | 0.26 |
| Total Assets | 8.90 | 9.58 | 9.81 | 9.44 | 9.55 | 9.82 | 10.55 | 8.48 | 8.23 | 8.16 | 8.30 | 7.32 |
| 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 | −1.35 | −0.76 | −0.26 | −1.45 | −0.50 | −0.05 | −1.24 | −1.47 | −0.26 | 0.00 | 0.19 | −0.43 |
| Cash from investing activity | 0.53 | 0.49 | 0.51 | 0.52 | 0.39 | 0.41 | 0.68 | −0.34 | 0.10 | 0.15 | 0.34 | 0.04 |
| Cash from financing activity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | −0.25 | −0.02 | −0.02 | −0.36 | 0.13 |
| Net cash flow | −0.83 | −0.30 | 0.24 | −0.96 | −0.14 | 0.35 | 1.44 | −2.08 | −0.22 | 0.13 | 0.17 | −0.25 |
| Capex | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.69 | 0.00 | 0.00 | 0.02 | 0.00 |
| Free cash flow | −1.36 | −0.78 | −0.28 | −1.47 | −0.52 | −0.07 | −1.26 | −2.17 | −0.28 | 0.00 | 0.20 | −0.43 |
| CFO / OP % | 67.0% | 443.9% | 74.9% | 293.9% | 111.0% | 6.9% | 79.9% | 81.9% | 56.9% | −500.1% | −440.1% | 43.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 330 | 313 | 853 | 1,278 | 524 | 853 | 111 | 151 | 80 | 354 | 216 | 12 |
| Inventory days | — | — | — | 0 | — | — | 0 | 0 | 0 | 0 | — | — |
| Cash conversion cycle | 328 | 312 | 852 | 1,278 | 523 | 852 | 110 | 150 | 79 | 353 | 215 | 11 |
| Working capital days | 275 | 168 | 504 | 950 | 373 | 1,388 | 85 | 170 | 84 | 490 | −3 | −337 |
| ROCE % | −4.0% | 4.0% | 2.9% | 0.3% | 0.9% | −0.3% | −13.4% | −17.2% | −3.1% | 3.2% | 2.4% | −13.5% |
For the Mar 2026 quarter, JMG Corporation reported sales of ₹0.14 Cr, down 80.3% year on year and net profit of −₹0.23 Cr, down 139.0% year on year. The operating margin was −192.3%.
JMG Corporation's sales for the year to Mar 2026 were ₹0.69 Cr; over the last twelve months they were ₹0.73 Cr.
Net profit for the year to Mar 2026 was −₹1.06 Cr, and −₹1.03 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.42.
JMG Corporation reported borrowings of ₹0.82 Cr at Mar 2026, against cash and equivalents of ₹0.26 Cr.
Cash from operations was −₹0.43 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.43 Cr.