JETSOLAR
JET SOLAR financials
- Market cap
- ₹15 Cr
Quarterly results
Q4 FY26: revenue up 5.3%, net profit down 50.0% 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 | 0 | 0 | 0 | 0 | 1 +3250% | -0 −130% | 0 +106% | 0 +5% |
| EBITDA | -0 | 0 | -0 | -0 | 0 +160% | -1 −537% | -0 −383% | -1 −1233% |
| Net profit | -0 | 0 | 0 | 0 | 0 +187% | -0 −157% | 0 +0% | 0 −50% |
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 −63.5% 1Y
1Y: ₹18.9 on 14 Aug 2025 → ₹6.9. High ₹18.9 (14 Aug 2025), low ₹6.9 (25 Aug 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹4 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹1 Cr | ₹9 Cr | ₹9 Cr |
| Borrowings | ₹2 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Total liabilities | ₹8 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹22 Cr | ₹22 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 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 | ₹10 Cr | ₹10 Cr |
| Other assets | ₹8 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹12 Cr | ₹12 Cr |
| Total assets | ₹8 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹22 Cr | ₹22 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 −2.15 pp while the public added +2.15 pp. The shareholder count grew 9% to 261.
- Promoters
- 12.6%
- Public
- 87.5%
Since Mar 2025
- Promoters −2.15 pp
- Public +2.15 pp
How it drifted, 12 quarters
Over this window promoters fell from 67.2% to 12.6% — −54.7 pp.
Ownership split by quarter, oldest first. Sep '21: Promoters 67.2%, Public 32.8%.Mar '22: Promoters 67.2%, Public 32.8%.Sep '22: Promoters 67.2%, Public 32.8%.Mar '23: Promoters 57.5%, Public 42.5%.Sep '23: Promoters 48.1%, Public 51.9%.Mar '24: Promoters 42.4%, Public 57.6%.Sep '24: Promoters 22.7%, Public 77.3%.Nov '24: Promoters 14.7%, Public 85.3%.Mar '25: Promoters 14.7%, Public 85.3%.May '25: Promoters 12.4%, Public 87.6%.Sep '25: Promoters 12.4%, Public 87.6%.Mar '26: Promoters 12.6%, Public 87.5%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Shreeyansh Edutrade Llp newly disclosed 3.17% held
- Rajul Shah +0.10 pp 9.55% held
The same filing shows 0 holders trimming and 3 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of JET SOLAR LIMITED above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Rajul Shah | 9.55% | +0.10 pp |
| Panchal Janak Navinbhai | 5.05% | unchanged |
| Sangita Pravinkumar Tundiya | 4.68% | unchanged |
| Parag Shah | 3.60% | unchanged |
| Shreeyansh Edutrade Llp | 3.17% | newly disclosed |
| Anand Shah | 3.00% | unchanged |
| Dipika Shah | 2.02% | unchanged |
| Satyanarayan J Kabra | 1.75% | unchanged |
| Hitesh Ramniklal Mehta | 1.68% | unchanged |
| Kailash Kabra | 1.68% | unchanged |
| Kabra Priya | 1.68% | unchanged |
| Suketu Shashikant Doshi | 1.48% | 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 SOLAR LIMITED
Guides on how to read this kind of business and the numbers that matter.