JHACC
Jhaveri Credits & Capital financials
- Market cap
- ₹178 Cr
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 271.8% a year over 2 years, FY24 to FY26. Operating margin narrowed to -3.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹7 Cr | ₹71 Cr | ₹92 Cr |
| Operating profit | ₹3 Cr | ₹12 Cr | ₹-3 Cr |
| Operating margin | 40.9% | 17.5% | -3.4% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹1 Cr | ₹2 Cr |
| Net profit | ₹2 Cr | ₹14 Cr | ₹-2 Cr |
| Net margin | 26.6% | 19.8% | -2.0% |
| Cash from operations | ₹-8 Cr | ₹-7 Cr | ₹-5 Cr |
| Free cash flow | ₹-9 Cr | ₹-9 Cr | ₹-5 Cr |
| ROCE | 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 & Capital Ltd. 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 & Capital Ltd.
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