Joindre Capital Services (BSE 531861)₹48.25+2.09%Stockbroking & Allied
In the Sep 2026 quarter (consolidated), Joindre Capital Services reported sales of ₹11.13 Cr, up 7.8% from Sep 2025, and net profit of ₹2.55 Cr, up 23.2% year on year. For the year to Mar 2026, sales were ₹40.01 Cr and net profit ₹14.04 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10.85 | 13.40 | 13.04 | 14.58 | 10.90 | 9.76 | 10.15 | 10.32 | 9.90 | 9.92 | 10.70 | 11.13 |
| Expenses | 8.16 | 9.16 | 8.92 | 9.77 | 7.95 | 6.82 | 7.18 | 7.12 | 7.22 | 7.90 | 7.58 | 7.51 |
| Operating Profit | 2.68 | 4.23 | 4.11 | 4.81 | 2.96 | 2.95 | 2.94 | 3.19 | 2.65 | 2.01 | 3.13 | 3.63 |
| OPM % | 24.9% | 31.7% | 31.6% | 33.1% | 27.3% | 30.4% | 29.2% | 31.1% | 27.0% | 20.5% | 29.4% | 32.7% |
| Other Income | 0.00 | −7.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.00 | 0.13 | 0.00 | 6.99 | 0.00 | 0.00 |
| Interest | 0.05 | 0.15 | 0.42 | 0.24 | 0.17 | 0.09 | 0.07 | 0.16 | 0.25 | 0.16 | 0.12 | 0.16 |
| Depreciation | 0.13 | 0.15 | 0.14 | 0.16 | 0.15 | 0.17 | 0.17 | 0.15 | 0.11 | 0.11 | 0.10 | 0.10 |
| Profit before tax | 2.50 | −3.10 | 3.55 | 4.42 | 2.64 | 2.83 | 2.70 | 3.02 | 2.29 | 8.78 | 2.91 | 3.37 |
| Tax % | 25.4% | 32.7% | 24.3% | 26.2% | 102.7% | 25.2% | 26.1% | 31.6% | 27.2% | 5.3% | 26.9% | 24.4% |
| Exceptional items | 0.00 | −5.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.62 | 0.00 | 0.00 |
| Net Profit | 1.87 | −4.10 | 2.68 | 3.27 | −0.08 | 2.11 | 1.99 | 2.07 | 1.67 | 8.30 | 2.13 | 2.55 |
| EPS (Rs) | 1.33 | −2.95 | 1.92 | 2.35 | −0.04 | 1.51 | 1.42 | 1.48 | 1.19 | 5.97 | 1.52 | 1.83 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 21.99 | 24.01 | 31.99 | 22.98 | 20.97 | 27.98 | 37.96 | 28.99 | 41.99 | 47.98 | 40.01 | 41.65 |
| Expenses | 17.99 | 20.01 | 24.99 | 20.02 | 18.99 | 23.01 | 28.99 | 23.99 | 29.99 | 33.03 | 29.01 | 30.21 |
| Operating Profit | 3.99 | 3.99 | 6.98 | 2.99 | 1.99 | 4.98 | 8.97 | 4.98 | 10.97 | 14.97 | 10.97 | 11.42 |
| OPM % | 17.1% | 18.1% | 22.1% | 15.1% | 10.1% | 19.1% | 23.1% | 19.1% | 27.1% | 31.1% | 28.1% | 27.4% |
| Other Income | 0.00 | 3.99 | 0.00 | 0.99 | 0.00 | 0.00 | 0.99 | 0.00 | −6.99 | 0.00 | 6.98 | 6.99 |
| Interest | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.69 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 0.99 | 0.42 |
| Profit before tax | 3.01 | 8.03 | 7.03 | 3.01 | 2.01 | 5.02 | 8.03 | 4.01 | 3.01 | 13.04 | 17.07 | 17.35 |
| Tax % | 32.1% | 32.0% | 15.1% | 27.1% | 27.0% | 29.0% | 22.0% | 28.0% | 84.1% | 26.1% | 16.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −1.11 | 0.16 | 8.17 | 6.62 |
| Net Profit | 2.01 | 5.01 | 6.01 | 2.01 | 1.01 | 3.01 | 6.02 | 3.01 | 0.00 | 10.01 | 14.04 | 14.65 |
| EPS (Rs) | 1.44 | 3.89 | 4.30 | 1.79 | 0.84 | 2.35 | 4.52 | 2.22 | 0.34 | 7.18 | 10.10 | 10.51 |
| Dividend payout % | 41.0% | 19.0% | 16.9% | 42.0% | 70.9% | 42.0% | 28.0% | 56.0% | 565.0% | 27.9% | 19.9% | — |
| 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 | 14.04 | 14.01 | 14.03 | 14.05 | 14.04 | 14.02 | 14.03 | 14.01 | 14.01 | 13.99 | 14.01 | 14.01 |
| Reserves | 32.11 | 33.06 | 38.11 | 43.16 | 47.15 | 46.10 | 51.13 | 56.13 | 58.09 | 59.05 | 66.11 | 77.16 |
| Borrowings | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 10.04 | 5.02 | 4.01 | 15.05 | 1.01 | 0.00 |
| Other Liabilities | 22.11 | 19.09 | 21.10 | 26.12 | 27.13 | 32.15 | 43.20 | 57.27 | 36.17 | 87.42 | 65.31 | 84.40 |
| Total Liabilities | 68.26 | 67.17 | 72.24 | 84.33 | 88.32 | 92.27 | 117 | 132 | 112 | 175 | 146 | 176 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 1.99 | 1.99 | 1.99 | 0.99 |
| 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 | 4.01 | 4.01 | 4.01 | 3.01 | 5.02 | 7.02 | 10.03 | 8.03 | 16.05 | 9.04 | 10.03 | 9.04 |
| Other Assets | 63.25 | 62.16 | 67.23 | 80.32 | 82.30 | 85.25 | 107 | 123 | 94.24 | 163 | 135 | 166 |
| Trade receivables | 3.99 | 5.98 | 3.98 | 8.98 | 6.98 | 8.97 | 6.98 | 4.98 | 9.97 | 8.97 | 6.98 | 9.96 |
| Cash & equivalents | 20.95 | 35.89 | 24.96 | 46.85 | 60.86 | 61.81 | 86.84 | 103 | 70.81 | 109 | 96.75 | 99.81 |
| Total Assets | 68.26 | 67.17 | 72.24 | 84.33 | 88.32 | 92.27 | 117 | 132 | 112 | 175 | 146 | 176 |
| 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 | 3.99 | −5.99 | 1.99 | 2.99 | −2.99 | 0.99 | 21.99 | 9.99 | −25.99 | 12.99 | −4.99 | −5.01 |
| Cash from investing activity | −1.99 | 4.99 | 7.99 | −4.99 | 4.99 | 1.99 | 3.99 | 8.98 | −2.99 | 16.97 | 11.98 | 10.99 |
| Cash from financing activity | −1.01 | −1.01 | −2.01 | −2.01 | −1.01 | −2.01 | −1.01 | −2.01 | −3.01 | 8.02 | −18.06 | −3.01 |
| Net cash flow | 1.01 | −3.01 | 7.02 | −3.01 | 1.01 | 1.01 | 24.07 | 16.04 | −32.08 | 38.14 | −11.02 | 3.01 |
| Capex | 0.03 | 0.20 | 0.03 | 0.11 | 0.22 | 0.18 | 0.08 | 0.12 | 0.35 | 0.24 | 0.63 | 0.32 |
| Free cash flow | 3.99 | −7.01 | 1.99 | 2.99 | −2.99 | 0.00 | 21.99 | 8.99 | −27.01 | 13.01 | −5.99 | −5.99 |
| CFO / OP % | 89.0% | −149.0% | 99.1% | 62.0% | −34.0% | 44.0% | 421.1% | 129.0% | −465.0% | 135.0% | −14.0% | −22.0% |
| 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 | 57 | 93 | 55 | 107 | 105 | 154 | 93 | 51 | 130 | 83 | 55 | 92 |
| Cash conversion cycle | 56 | 92 | 54 | 106 | 104 | 153 | 92 | 50 | 129 | 82 | 54 | 91 |
| Working capital days | −234 | −213 | −243 | −184 | −124 | −188 | −298 | −393 | −166 | −399 | −342 | −347 |
| ROCE % | 13.9% | 8.0% | 16.9% | 13.9% | 6.0% | 3.0% | 8.0% | 11.9% | 7.0% | 12.9% | 16.9% | 11.9% |
For the Sep 2026 quarter, Joindre Capital Services reported sales of ₹11.13 Cr, up 7.8% year on year and net profit of ₹2.55 Cr, up 23.2% year on year. The operating margin was 32.7%.
Joindre Capital Services' sales for the year to Mar 2026 were ₹40.01 Cr; over the last twelve months they were ₹41.65 Cr.
Net profit for the year to Mar 2026 was ₹14.04 Cr, and ₹14.65 Cr over the last twelve months. Earnings per share over the same trailing period were ₹10.51.
Joindre Capital Services reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹99.81 Cr.
Cash from operations was −₹5.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹5.99 Cr.