531550
Jhaveri Credits financials
- Market cap
- ₹213 Cr
- Sector
- Financial Services
What Jhaveri Credits does
Jhaveri Credits and Capital Limited (JCCL) is a BSE-listed company headquartered in Ahmedabad, Gujarat. Its income statement is dominated by "purchases of stock-in-trade and investment" and the related "change in inventories of stock-in-trade", indicating its operations centre on buying, holding and selling stock-in-trade and investments rather than manufacturing or providing consumer-facing services. The company has no subsidiaries, joint ventures, or associate companies and operates from a single registered office.
- Subsidiaries / JV / associate companies
- None
- Operating locations
- 1 (registered office, Ahmedabad, Gujarat)
Quarterly results
Q1 FY27: revenue up 73.6%, net profit down 224.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 0 | 52 | 10 | 22 +300% | 12 +2677% | 48 −9% | 17 +74% |
| EBITDA | 1 | 0 | 11 | 2 | 1 +122% | -8 −42450% | 2 −81% | -3 −246% |
| Net profit | 1 | 1 | 11 | 1 | 1 −12% | -7 −776% | 3 −73% | -1 −224% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −17.7% 1Y
1Y: ₹229.15 on 10 Sept 2025 → ₹188.6. High ₹229.15 (10 Sept 2025), low ₹158.05 (4 Dec 2025).
Financials, as filed
Revenue grew 99.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to -3.4%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹12 Cr | ₹7 Cr | ₹71 Cr | ₹92 Cr |
| Operating profit | ₹1 Cr | ₹3 Cr | ₹12 Cr | ₹-3 Cr |
| Operating margin | 7.6% | 40.9% | 17.5% | -3.4% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹2 Cr |
| Net profit | ₹1 Cr | ₹2 Cr | ₹14 Cr | ₹-2 Cr |
| Net margin | 7.1% | 26.6% | 19.8% | -2.0% |
| Cash from operations | ₹2 Cr | ₹-8 Cr | ₹-7 Cr | ₹-5 Cr |
| Free cash flow | ₹2 Cr | ₹-9 Cr | ₹-9 Cr | ₹-5 Cr |
| ROCE | 10.2% | 5.1% | 3.2% | 2.6% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹9 Cr | ₹9 Cr | ₹11 Cr |
| Reserves | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹76 Cr | ₹91 Cr | ₹109 Cr |
| Borrowings | ₹0 Cr | ₹3 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹10 Cr |
| Other liabilities | ₹2 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹9 Cr | ₹9 Cr |
| Total liabilities | ₹9 Cr | ₹12 Cr | ₹9 Cr | ₹88 Cr | ₹110 Cr | ₹139 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹2 Cr | ₹9 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1 Cr | ₹7 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹11 Cr |
| Other assets | ₹8 Cr | ₹5 Cr | ₹9 Cr | ₹86 Cr | ₹108 Cr | ₹120 Cr |
| Total assets | ₹9 Cr | ₹12 Cr | ₹9 Cr | ₹88 Cr | ₹110 Cr | ₹139 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +11.15 pp while the public trimmed −10.30 pp. The shareholder count shrank 4% to 4,056.
- Promoters
- 64.4%
- FIIs
- 3.6%
- Public
- 32.0%
Since Jun 2025
- Promoters +11.15 pp
- Public −10.30 pp
- FIIs −0.84 pp
How it drifted, 12 quarters
Over this window promoters fell from 74.3% to 64.4% — −9.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 74.3%, Public 25.7%.Dec '23: Promoters 74.3%, Public 25.7%.Mar '24: Promoters 53.0%, FIIs 3.5%, DIIs 0.8%, Public 42.7%.Jun '24: Promoters 53.0%, FIIs 3.5%, DIIs 0.8%, Public 42.7%.Sep '24: Promoters 53.0%, FIIs 3.5%, DIIs 0.8%, Public 42.7%.Dec '24: Promoters 53.0%, FIIs 3.6%, DIIs 0.8%, Public 42.6%.Mar '25: Promoters 53.2%, FIIs 4.4%, Public 42.4%.Jun '25: Promoters 53.3%, FIIs 4.4%, Public 42.4%.Sep '25: Promoters 50.5%, FIIs 4.2%, Public 45.4%.Dec '25: Promoters 50.8%, FIIs 4.2%, Public 45.1%.Mar '26: Promoters 50.9%, FIIs 4.2%, Public 44.9%.Jun '26: Promoters 64.4%, FIIs 3.6%, Public 32.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- India Emerging Giants Fund Limited FPI fund newly disclosed 3.56% held
- Rajesh Khandubhai Patel newly disclosed 2.42% held
- Urvi Hemal Shah newly disclosed 1.62% held
- Riddhi Landmark LLP +1.20 pp 11.74% held
- Jayeshbhai Ishwarlal Patel newly disclosed 0.48% held
- Krut Vinodbhai Patel newly disclosed 0.39% held
- Vinodbhai Ishwarbhai Patel newly disclosed 0.38% held
- Bhumit Patel newly disclosed 0.38% held
The same filing shows 3 holders trimming and 3 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Jhaveri Credits above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Vishnubhai Vitthalbhai Patel | 46.51% | −4.30 pp |
| Riddhi Landmark LLP | 11.74% | +1.20 pp |
| Rekha Rajesh Patel | 4.50% | −0.77 pp |
| India Emerging Giants Fund Limited FPI fund | 3.56% | newly disclosed |
| Rajesh Khandubhai Patel | 2.42% | newly disclosed |
| Urvi Hemal Shah | 1.62% | newly disclosed |
| Chandresh Vadilal Shah | 1.35% | −0.23 pp |
| Jayeshbhai Ishwarlal Patel | 0.48% | newly disclosed |
| Krut Vinodbhai Patel | 0.39% | newly disclosed |
| Vinodbhai Ishwarbhai Patel | 0.38% | newly disclosed |
| Bhumit Patel | 0.38% | newly disclosed |
| Patel Pareshbhai Kantilal | 0.37% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Jhaveri Credits
Guides on how to read this kind of business and the numbers that matter.