Jet Solar quarterly results and financials

Jet Solar (BSE 538794)₹6.700.00%(6 Nov 2026 close)Residential, Commercial Projects

Key facts

In the Mar 2026 quarter (standalone), Jet Solar reported sales of ₹0.19 Cr and net profit of ₹0.01 Cr. For the year to Mar 2026, sales were ₹0.54 Cr and net profit ₹0.03 Cr.

Sales (Mar 2026): ₹0.19 Cr
Net profit (Mar 2026): ₹0.01 Cr
Sales (FY Mar 2026): ₹0.54 Cr
Net profit (FY Mar 2026): ₹0.03 Cr
EPS (Mar 2026): ₹0.03
Borrowings (Mar 2026): ₹0.29 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Jet Solar quarterly results

₹ crore unless stated; each column is a quarter.

Jet Solar Quarterly results
	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026
Sales	0.42	0.16	0.18	0.66	−0.12	0.34	0.19
Expenses	0.23	0.22	0.27	0.48	0.69	0.63	1.39
Operating Profit	0.20	−0.05	−0.08	0.17	−0.82	−0.30	−1.21
OPM %	44.2%	−35.3%	−47.3%	26.9%	—	−82.8%	−600.0%
Other Income	0.09	0.07	0.16	0.09	0.65	0.31	1.21
Interest	0.00	0.00	0.04	0.00	0.06	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.28	0.01	0.04	0.27	−0.21	0.02	0.01
Tax %	0.0%	0.0%	0.0%	25.1%	−27.2%	33.4%	50.0%
Net Profit	0.27	0.01	0.03	0.19	−0.15	0.01	0.01
EPS (Rs)	0.68	0.06	0.11	0.32	−0.17	0.03	0.03

Jet Solar profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Jet Solar Profit and loss
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales	8.43	6.90	2.52	2.32	2.74	0.43	0.14	0.35	0.45	0.34	0.53	0.54
Expenses	7.65	6.67	2.62	2.70	3.02	1.14	0.70	0.42	0.57	0.50	1.18	2.03
Operating Profit	0.75	0.21	−0.09	−0.37	−0.27	−0.70	−0.55	−0.06	−0.13	−0.15	−0.64	−1.50
OPM %	9.0%	3.2%	−3.9%	−16.3%	−10.1%	−161.3%	−373.3%	−19.4%	−26.0%	−45.7%	−120.3%	−270.9%
Other Income	0.18	0.48	0.75	0.91	0.60	0.45	0.34	0.16	0.17	0.25	0.75	1.53
Interest	0.13	0.24	0.44	0.36	0.22	0.18	0.18	0.06	0.00	0.04	0.06	0.00
Depreciation	0.03	0.03	0.02	0.00	0.02	0.03	0.02	0.02	0.02	0.02	0.02	0.00
Profit before tax	0.80	0.45	0.21	0.17	0.10	−0.43	−0.38	0.03	0.04	0.05	0.04	0.04
Tax %	33.4%	32.7%	36.4%	33.4%	36.4%	−6.8%	0.0%	0.0%	0.0%	0.0%	40.1%	20.0%
Net Profit	0.53	0.30	0.12	0.11	0.06	−0.40	−0.38	0.03	0.05	0.05	0.03	0.03
EPS (Rs)	1.30	0.75	0.32	0.30	0.18	−0.99	−0.94	0.11	0.15	0.15	0.05	0.04
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Jet Solar balance sheet

₹ crore, at each year end.

Jet Solar Balance sheet
	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	1.06	1.06	1.06	1.06	2.11	2.11	2.11	2.11	2.11	4.21	10.08	11.90
Reserves	4.63	4.93	5.05	5.17	4.20	3.79	3.42	3.44	3.51	1.47	7.82	8.90
Borrowings	1.04	3.78	3.29	1.97	1.84	1.63	1.80	0.37	0.69	0.44	0.43	0.29
Other Liabilities	3.85	0.82	1.31	0.56	0.69	0.58	0.66	0.80	1.16	1.12	4.37	1.09
Total Liabilities	10.58	10.59	10.71	8.76	8.84	8.11	7.99	6.72	7.47	7.24	22.70	22.18
Fixed Assets	0.17	0.15	0.15	0.14	0.14	0.13	0.11	0.11	0.10	0.09	0.08	0.00
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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.46	10.45
Other Assets	10.41	10.44	10.56	8.62	8.70	7.98	7.88	6.61	7.37	7.15	12.16	11.73
Inventories	4.89	1.00	1.02	1.01	1.80	1.88	1.84	1.96	2.24	2.16	1.81	1.40
Trade receivables	1.35	3.28	2.13	0.94	0.65	0.63	0.63	0.34	0.68	0.71	0.51	0.53
Cash & equivalents	2.21	2.50	0.10	0.07	0.30	0.31	0.54	0.23	0.39	0.08	0.06	0.38
Total Assets	10.58	10.59	10.71	8.76	8.84	8.11	7.99	6.72	7.47	7.24	22.70	22.18

Jet Solar cash flow

₹ crore, for each year.

Jet Solar Cash flow
	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	3.65	−0.92	1.44	0.04	−0.82	−0.84	−0.11	0.98	−0.32	−0.28	−2.45	−4.16
Cash from investing activity	−2.77	−0.51	−2.73	1.57	1.38	1.22	0.34	0.16	0.17	0.25	−9.65	1.60
Cash from financing activity	−0.79	1.72	1.00	−1.67	−0.33	−0.36	0.00	−1.47	0.31	−0.28	12.13	2.88
Net cash flow	0.11	0.27	−0.32	−0.05	0.25	0.02	0.24	−0.32	0.17	−0.31	−0.04	0.33
Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free cash flow	3.66	−0.94	1.45	0.06	−0.85	−0.87	−0.13	1.00	−0.34	−0.30	−2.47	−3.15
CFO / OP %	541.0%	−373.1%	−1,500.0%	−16.0%	296.0%	124.0%	21.0%	−1,414.1%	275.0%	181.0%	375.0%	279.0%

Jet Solar ratios

Working-capital days and returns, by year.

Jet Solar Ratios
	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	60	175	310	150	89	532	1,558	356	548	752	352	359
Inventory days	456	165	—	—	—	—	16,881	—	—	9,901	1,642	1,354
Days payable	94	102	—	—	—	—	1,369	—	—	456	82	77
Cash conversion cycle	420	237	309	149	88	531	17,070	355	548	10,195	1,912	1,636
Working capital days	141	175	844	940	775	4,512	11,776	5,261	4,046	5,703	4,906	13,517
ROCE %	14.9%	8.4%	6.8%	6.0%	3.9%	−3.4%	−3.0%	1.4%	0.8%	1.5%	0.8%	0.3%

Jet Solar: frequently asked questions

What are the latest quarterly results of Jet Solar?

For the Mar 2026 quarter, Jet Solar reported sales of ₹0.19 Cr and net profit of ₹0.01 Cr. The operating margin was −600.0%.

What is the annual revenue of Jet Solar?

Jet Solar's sales for the year to Mar 2026 were ₹0.54 Cr.

What is the net profit of Jet Solar?

Net profit for the year to Mar 2026 was ₹0.03 Cr. Earnings per share over the same trailing period were ₹0.04.

How much debt does Jet Solar have?

Jet Solar reported borrowings of ₹0.29 Cr at Mar 2026, against cash and equivalents of ₹0.38 Cr.

What is the free cash flow of Jet Solar?

Cash from operations was −₹4.16 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹3.15 Cr.

Loading…