Jet Freight Logistics (JETFREIGHT)₹17.77−1.28%Logistics Solution Provider
In the Sep 2026 quarter (consolidated), Jet Freight Logistics reported sales of ₹118 Cr, up 40.9% from Sep 2025, and net profit of ₹2.09 Cr, up 137.5% year on year. For the year to Mar 2026, sales were ₹444 Cr and net profit ₹7.01 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 | 94.69 | 98.40 | 147 | 87.57 | 94.54 | 115 | 120 | 83.86 | 113 | 128 | 179 | 118 |
| Expenses | 91.46 | 94.27 | 144 | 84.36 | 90.21 | 111 | 117 | 80.93 | 109 | 121 | 172 | 112 |
| Operating Profit | 2.95 | 3.94 | 3.41 | 3.00 | 4.17 | 3.47 | 3.05 | 2.78 | 4.00 | 6.83 | 6.50 | 5.82 |
| OPM % | 3.1% | 4.0% | 2.3% | 3.5% | 4.4% | 3.1% | 2.6% | 3.4% | 3.6% | 5.4% | 3.7% | 5.0% |
| Other Income | 2.80 | 1.31 | 0.19 | 0.27 | 0.80 | 0.28 | 1.47 | 0.51 | 0.74 | 1.08 | 0.23 | 0.31 |
| Interest | 1.40 | 1.94 | 1.48 | 1.59 | 1.77 | 2.36 | 1.63 | 1.53 | 1.99 | 1.89 | 2.62 | 2.81 |
| Depreciation | 0.61 | 0.31 | 0.55 | 0.56 | 0.57 | 0.54 | 0.53 | 0.48 | 0.48 | 0.49 | 0.49 | 0.49 |
| Profit before tax | 3.80 | 3.05 | 1.62 | 1.17 | 2.68 | 0.90 | 2.39 | 1.33 | 2.32 | 5.60 | 3.68 | 2.89 |
| Tax % | −10.6% | 12.2% | 34.2% | 48.3% | 34.5% | 62.9% | 25.2% | 34.1% | 52.8% | 44.8% | 31.0% | 28.1% |
| Exceptional items | 2.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 4.19 | 2.68 | 1.07 | 0.60 | 1.76 | 0.35 | 1.79 | 0.88 | 1.09 | 3.09 | 2.54 | 2.09 |
| EPS (Rs) | 0.91 | 0.59 | 0.24 | 0.14 | 0.39 | 0.08 | 0.39 | 0.20 | 0.24 | 0.67 | 0.56 | 0.42 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 252 | 344 | 304 | 352 | 461 | 426 | 401 | 445 | 444 | 538 |
| Expenses | 242 | 329 | 309 | 342 | 449 | 419 | 395 | 429 | 427 | 514 |
| Operating Profit | 10.96 | 13.95 | −4.98 | 8.97 | 10.97 | 7.98 | 5.98 | 13.95 | 16.96 | 23.15 |
| OPM % | 4.3% | 4.1% | −1.7% | 2.6% | 2.4% | 1.8% | 1.5% | 3.2% | 3.8% | 4.3% |
| Other Income | 0.00 | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 2.99 | 0.99 | 3.99 | 2.36 |
| Interest | 3.01 | 4.01 | 5.01 | 4.01 | 4.01 | 5.01 | 6.01 | 7.02 | 7.02 | 9.31 |
| Depreciation | 1.01 | 1.01 | 1.01 | 2.01 | 3.01 | 3.01 | 2.01 | 2.01 | 2.01 | 1.95 |
| Profit before tax | 8.02 | 10.04 | −10.04 | 3.01 | 5.02 | 0.00 | 0.00 | 6.02 | 12.04 | 14.49 |
| Tax % | 32.0% | 18.0% | −1.0% | 40.0% | 36.0% | 208.0% | −13.0% | 41.0% | 41.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 |
| Net Profit | 5.01 | 8.01 | −10.01 | 2.01 | 3.01 | 0.00 | 0.00 | 4.01 | 7.01 | 8.81 |
| EPS (Rs) | 1.21 | 1.75 | −2.23 | 0.46 | 0.65 | −0.10 | 0.05 | 0.82 | 1.48 | 1.89 |
| Dividend payout % | 0.0% | 1.0% | 0.0% | 0.0% | 4.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.02 | 12.02 | 12.02 | 12.03 | 12.04 | 23.08 | 23.05 | 23.07 | 23.06 |
| Reserves | 15.95 | 17.93 | 7.97 | 11.95 | 14.95 | 40.88 | 37.88 | 40.88 | 47.80 |
| Borrowings | 28.98 | 42.96 | 36.95 | 30.95 | 48.95 | 60.96 | 55.93 | 64.91 | 73.92 |
| Other Liabilities | 24.90 | 22.93 | 33.84 | 46.93 | 37.90 | 31.93 | 53.76 | 51.74 | 46.96 |
| Total Liabilities | 74.85 | 95.84 | 90.78 | 101 | 114 | 157 | 170 | 181 | 192 |
| Fixed Assets | 12.02 | 15.04 | 14.02 | 29.08 | 31.08 | 31.06 | 27.07 | 27.07 | 25.06 |
| CWIP | 0.00 | 0.00 | 0.99 | 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 |
| Other Assets | 62.83 | 80.80 | 75.77 | 71.78 | 81.76 | 127 | 143 | 155 | 168 |
| Trade receivables | 56.93 | 67.99 | 54.98 | 42.99 | 44.97 | 48.97 | 68.89 | 77.89 | 96.98 |
| Cash & equivalents | 1.01 | 2.01 | 4.01 | 3.01 | 7.01 | 11.03 | 13.02 | 13.03 | 15.04 |
| Total Assets | 74.85 | 95.84 | 90.78 | 101 | 114 | 157 | 170 | 181 | 192 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −1.01 | 13.01 | 10.02 | −11.02 | −37.05 | 15.01 | −3.01 | −8.01 |
| Cash from investing activity | −8.01 | −1.01 | −1.01 | −4.01 | −3.01 | −6.01 | 1.01 | 4.01 |
| Cash from financing activity | 10.03 | −11.02 | −10.02 | 14.03 | 43.12 | −11.03 | 1.01 | 4.01 |
| Net cash flow | 1.99 | 0.99 | −0.99 | 0.00 | 2.99 | −2.99 | 0.00 | 0.00 |
| Capex | 5.02 | 1.13 | 0.78 | 5.29 | 2.62 | 0.00 | 2.62 | 0.48 |
| Free cash flow | −5.99 | 11.99 | 8.99 | −15.99 | −38.99 | 15.97 | −3.99 | −7.99 |
| CFO / OP % | 3.0% | −247.0% | 126.0% | −11.9% | −403.0% | 59.1% | −77.0% | −37.0% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 82 | 71 | 66 | 44 | 35 | 41 | 62 | 63 | 78 |
| Inventory days | 0 | 0 | 0 | — | — | — | — | — | — |
| Cash conversion cycle | 84 | 73 | 68 | 46 | 37 | 43 | 64 | 65 | 80 |
| Working capital days | 19 | 13 | −5 | −19 | −19 | −19 | −12 | 4 | 12 |
| ROCE % | — | 21.9% | −9.1% | 13.0% | 14.0% | 6.0% | 5.0% | 10.9% | 13.9% |
For the Sep 2026 quarter, Jet Freight Logistics reported sales of ₹118 Cr, up 40.9% year on year and net profit of ₹2.09 Cr, up 137.5% year on year. The operating margin was 5.0%.
Jet Freight Logistics' sales for the year to Mar 2026 were ₹444 Cr; over the last twelve months they were ₹538 Cr.
Net profit for the year to Mar 2026 was ₹7.01 Cr, and ₹8.81 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.89.
Jet Freight Logistics reported borrowings of ₹73.92 Cr at Mar 2026, against cash and equivalents of ₹15.04 Cr.
Cash from operations was −₹8.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹7.99 Cr.