JETFREIGHT
Jet Freight Logistics financials
- Market cap
- ₹94 Cr
- Sector
- Services
What Jet Freight Logistics Limited does
Jet Freight Logistics Limited is an India-based integrated logistics and freight-forwarding company, transitioning from a 2PL to a 4PL model, that arranges and executes air freight, ocean freight, rail and surface (road) transportation, customs clearance and courier/e-commerce delivery for its clients. It specialises in perishables, pharmaceuticals and other temperature-controlled or time-sensitive cargo, and holds Tier-1 status and Blocked Space Agreements with major airlines such as Emirates, Qatar Airways and Air India. It operates through 13 branches across India and has an international presence in the USA, Netherlands, UK and Dubai (via wholly-owned and proposed subsidiaries), serving customers across 150+ countries through a 5,000+ agency network. Its Jet Express subsidiary offers courier and e-commerce delivery, and the company holds AEO-LO (Authorised Economic Operator – Logistics Operator) certification and licensed Customs House Agent (CHA) status for customs clearance.
Segments
- Air Freight
- Ocean Freight
- Surface Transportation
- Rail Transportation
- Courier & E-commerce
- Customs Clearance
- Branches in India
- 13
- International locations
- 4 (USA, Netherlands, UK, Dubai)
- Countries served
- 150+
- Employee strength
- 200+
- Agency network
- 5,000+
- Airline partnerships
- 100+ airlines
Quarterly results
Q1 FY27: revenue up 49.9%, net profit up 42.1% 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 | 87 | 94 | 113 | 119 | 84 −4% | 113 +20% | 128 +13% | 179 +50% |
| EBITDA | 3 | 4 | 3 | 3 | 3 −19% | 4 −6% | 7 +115% | 6 +115% |
| Net profit | 1 | 2 | 0 | 2 | 1 −9% | 1 −31% | 3 +1712% | 3 +42% |
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 +50.6% 1Y
1Y: ₹13.33 on 10 Sept 2025 → ₹20.07. High ₹24.8 (16 Jul 2026), low ₹12.18 (3 Nov 2025).
Financials, as filed
Revenue grew 7.0% a year over 2 years, FY24 to FY26. Operating margin widened to 3.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹388 Cr | ₹437 Cr | ₹444 Cr |
| Operating profit | ₹6 Cr | ₹14 Cr | ₹17 Cr |
| Operating margin | 1.5% | 3.2% | 3.7% |
| Interest | ₹6 Cr | ₹7 Cr | ₹7 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹0 Cr | ₹4 Cr | ₹7 Cr |
| Net margin | 0.1% | 0.9% | 1.5% |
| Cash from operations | ₹17 Cr | ₹-1 Cr | ₹-7 Cr |
| Free cash flow | ₹16 Cr | ₹-2 Cr | ₹-7 Cr |
| ROCE | 5.0% | 11.0% | 13.0% |
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 | ₹12 Cr | ₹12 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr |
| Reserves | ₹10 Cr | ₹13 Cr | ₹39 Cr | ₹39 Cr | ₹46 Cr | ₹50 Cr |
| Borrowings | ₹31 Cr | ₹49 Cr | ₹61 Cr | ₹56 Cr | ₹64 Cr | ₹74 Cr |
| Other liabilities | ₹46 Cr | ₹36 Cr | ₹31 Cr | ₹52 Cr | ₹41 Cr | ₹47 Cr |
| Total liabilities | ₹98 Cr | ₹110 Cr | ₹154 Cr | ₹171 Cr | ₹174 Cr | ₹194 Cr |
| Fixed assets | ₹29 Cr | ₹31 Cr | ₹31 Cr | ₹27 Cr | ₹25 Cr | ₹24 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 | ₹69 Cr | ₹79 Cr | ₹123 Cr | ₹143 Cr | ₹148 Cr | ₹169 Cr |
| Total assets | ₹98 Cr | ₹110 Cr | ₹154 Cr | ₹171 Cr | ₹174 Cr | ₹194 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 16% to 19,956.
- Promoters
- 50.9%
- Public
- 49.1%
Since Jun 2025
- Public +0.07 pp
- FIIs −0.06 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 51.2%, Public 48.8%.Dec '23: Promoters 51.2%, Public 48.8%.Mar '24: Promoters 50.9%, Public 49.1%.Jun '24: Promoters 50.9%, Public 49.1%.Sep '24: Promoters 50.9%, FIIs 0.0%, Public 49.0%.Dec '24: Promoters 50.9%, FIIs 0.2%, Public 48.9%.Mar '25: Promoters 50.9%, Public 49.1%.Jun '25: Promoters 50.9%, FIIs 0.1%, Public 49.0%.Sep '25: Promoters 50.9%, Public 49.1%.Dec '25: Promoters 50.9%, FIIs 0.0%, Public 49.0%.Mar '26: Promoters 50.9%, Public 49.1%.Jun '26: Promoters 50.9%, Public 49.1%.
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.
- Tyrus Richard Theknath newly disclosed 0.00% held
- Thea Richard Theknath newly disclosed 0.00% held
- Tyra Richard Theknath newly disclosed 0.00% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Jet Freight Logistics Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Richard Francis Theknath | 23.38% | unchanged |
| Dax Francis Theknath | 20.73% | unchanged |
| Agnes Francis Theknath | 6.81% | unchanged |
| Kailash Chandra Kabra | 1.19% | unchanged |
| Sanjay Garg | 1.11% | unchanged |
| Elizabeth Muriel Dias | 0.00% | unchanged |
| Achamma Coutinho | 0.00% | unchanged |
| Tyrus Richard Theknath | 0.00% | newly disclosed |
| Thea Richard Theknath | 0.00% | newly disclosed |
| Tyra Richard Theknath | 0.00% | newly disclosed |
| Arlene Sandra Theknath | 0.00% | unchanged |
| Christina Dax Theknath | 0.00% | unchanged |
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 Jet Freight Logistics Limited
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