JALAN
Jalan Transolutions (India) financials
- Market cap
- ₹3 Cr
- Sector
- Services
What Jalan Transolutions (India) Limited does
Jalan Transolutions (India) Limited is a company listed on the NSE SME platform whose fixed assets consisted of vehicles used in its operations; the FY2024-25 Board's Report and Secretarial Audit Report note that the sale of all its vehicles during the year 'may have a significant impact on the company's operational capacity and future revenue generation,' pointing to a vehicle-based operating model. During FY2024-25 the company was admitted to Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 on a financial creditor's petition; a settlement was reached with the creditor and CIRP was later withdrawn with the board restored (NCLT order, 21 August 2025). As of 31 March 2025 the company held no fixed assets on its books, had negative net worth, and was seeking a fresh equity investment via preferential issue to become debt-free and strengthen operations.
- Vehicle fleet
- 0 — all company vehicles sold or auctioned during FY2024-25
- Fixed assets on books
- Nil as of 31 March 2025 (written off/auctioned during the year)
- Insolvency (CIRP) status
- Admitted 4 Mar 2025 (NCLT); withdrawn and board restored 21 Aug 2025
- Exchange listing
- NSE SME platform, listed since 30 May 2017
Quarterly results
Q4 FY26: revenue down 44.7%, net profit up 99.8% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 7 | 3 | 2 | 1 −82% | 0 −96% | 1 −68% | 1 −45% |
| EBITDA | -1 | 2 | 0 | 0 | -0 +69% | -0 −106% | 0 −90% | 0 −88% |
| Net profit | -2 | -11 | 0 | -16 | 1 +163% | -3 +74% | 0 −69% | -0 +100% |
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 −62.1% 1Y
1Y: ₹4.75 on 10 Sept 2025 → ₹1.8. High ₹4.9 (25 Sept 2025), low ₹1.55 (31 Jul 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹-12 Cr | ₹-26 Cr | ₹-39 Cr | ₹-55 Cr | ₹-56 Cr | ₹-56 Cr |
| Borrowings | ₹44 Cr | ₹28 Cr | ₹42 Cr | ₹40 Cr | ₹35 Cr | ₹30 Cr |
| Other liabilities | ₹14 Cr | ₹16 Cr | ₹9 Cr | ₹8 Cr | ₹8 Cr | ₹12 Cr |
| Total liabilities | ₹60 Cr | ₹33 Cr | ₹26 Cr | ₹9 Cr | ₹1 Cr | ₹1 Cr |
| Fixed assets | ₹15 Cr | ₹10 Cr | ₹9 Cr | ₹7 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹46 Cr | ₹23 Cr | ₹18 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Total assets | ₹60 Cr | ₹33 Cr | ₹26 Cr | ₹9 Cr | ₹1 Cr | ₹1 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 Mar 2026
Since Mar 2025, promoters trimmed −8.46 pp while the public added +8.28 pp.
- Promoters
- 19.2%
- DIIs
- 0.2%
- Public
- 80.6%
Since Mar 2025
- Promoters −8.46 pp
- Public +8.28 pp
- DIIs +0.19 pp
How it drifted, 12 quarters
Over this window promoters fell from 73.5% to 19.2% — −54.3 pp.
Ownership split by quarter, oldest first. Sep '20: Promoters 73.5%, Public 26.5%.Mar '21: Promoters 73.5%, Public 26.5%.Sep '21: Promoters 55.1%, Public 44.9%.Mar '22: Promoters 50.4%, Public 49.6%.Sep '22: Promoters 46.2%, Public 53.8%.Mar '23: Promoters 40.0%, Public 60.0%.Sep '23: Promoters 39.7%, Public 60.3%.Mar '24: Promoters 39.7%, DIIs 0.2%, Public 60.2%.Sep '24: Promoters 27.9%, Public 72.1%.Mar '25: Promoters 27.6%, Public 72.3%.Sep '25: Promoters 21.6%, DIIs 0.2%, Public 78.2%.Mar '26: Promoters 19.2%, DIIs 0.2%, Public 80.6%.
Who is on the register
Named in the Mar 2026 filing
Every holder of Jalan Transolutions (India) Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Manish Jalan | 16.57% | −2.13 pp |
| Meena Jalan | 2.56% | unchanged |
| NBFCs registered with RBI NBFC / DFI | 0.19% | unchanged |
| Ritu Jalan | 0.02% | unchanged |
| Manish Jalan Huf | 0.02% | unchanged |
| Rajesh Jalan Huf | 0.02% | unchanged |
| Pushpa Jalan | — | off the list |
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 Jalan Transolutions (India) Limited
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