JSLL
Jeena Sikho share price & financials
- Price
- ₹557.2
- Market cap
- ₹6.5k Cr
- Sector
- Consumer Services
- Calls analysed
- 7
Jeena Sikho Q1 FY27
What went well
- Revenue from operations grew 29% YoY to ₹224 crores in Q1 FY27.
- EBITDA grew 17% YoY to ₹92 crores, maintaining a healthy 41% margin.
- PAT reached ₹65 crores, with a 28% margin.
What to watch
- Quarter-on-quarter revenue appeared flat, though management attributed this to strategic reduction in government business.
- A significant portion of the 'other income' (₹7 crores out of ₹14 crores) was one-time, from warrant valuation and capital gains.
What Jeena Sikho does
Jeena Sikho Lifecare runs a dual-vertical Ayurveda healthcare business: a nationwide network of hospitals, clinics and day-care centres delivering in-patient, out-patient, Panchakarma and home-based therapy services, alongside a separate Ayurvedic products business selling ~330 SKUs of herbal formulations under the 'Shuddhi' brand. Facilities operate on a hub-and-spoke model, pairing large owned Ayurveda hospitals with smaller company-run and franchisee-operated clinics and day-care centres; at franchisee sites, Ayurveda doctors remain on JSLL's payroll and medicines are supplied exclusively by JSLL. Products are sold through the company's own healthcare centres, tele-calling and e-commerce channels, and to franchisees, with manufacturing outsourced to a network of third-party manufacturers. The company is empanelled with several state government health schemes, CGHS/CAPF/ECHS, central armed police forces and private insurers for patient billing.
Segments
- Ayurveda Healthcare Services
- Ayurveda Healthcare Products
- Operational hospitals
- 61
- Operational clinics & day-care centres
- 58
- Total bed capacity (operational + pipeline)
- 2,861 beds (2,300 operational, 445 in pipeline)
- States covered
- 23
- Cities & towns covered
- 100+
- SKUs in Ayurveda medicine & product portfolio
- 330+
Guidance record · Q1 FY27
what the last two calls moved 22 tracked 5 delivered 3 missed 14 open- FY25 Revenue delivered said Q2 FY25 Promised: INR450 crores Q1 FY27: No new information. Promise concluded.
- FY25 PAT Margin missed said Q2 FY25 Promised: 25% Q1 FY27: No new information. Promise concluded.
- Occupancy Rate at risk said Q4 FY25 Promised: 70-80% Q1 FY27: Occupancy for the quarter was 59%. Management reiterated the target: 'And I have to take the occupancy to 75%,80%.'
All 22 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 28.7%, net profit up 29.4% 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 | 114 | 116 | 139 | 174 | 190 +67% | 222 +91% | 216 +55% | 224 +29% |
| EBITDA | 40 | 30 | 46 | 79 | 92 +130% | 101 +237% | 78 +70% | 92 +16% |
| Net profit | 27 | 13 | 25 | 51 | 59 +119% | 67 +415% | 45 +80% | 66 +29% |
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 −32.9% 1Y
1Y: ₹762.7 on 10 Sept 2025 → ₹511.85. High ₹837.95 (17 Sept 2025), low ₹492.2 (1 Jun 2026).
How the price took the results
close before → close after
- Q1 FY27
- −9.7%
- 10 Aug
- Q4 FY26
- +20.0%
- 2 Jun
- Q3 FY26
- +4.0%
- 9 Feb
- Q2 FY26
- +1.1%
- 7 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 71.0% a year over 1 year, FY25 to FY26. Operating margin widened to 43.6%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹469 Cr | ₹802 Cr |
| Operating profit | ₹141 Cr | ₹350 Cr |
| Operating margin | 30.1% | 43.6% |
| Interest | ₹10 Cr | ₹13 Cr |
| Depreciation | ₹28 Cr | ₹47 Cr |
| Net profit | ₹81 Cr | ₹222 Cr |
| Net margin | 17.3% | 27.7% |
| Cash from operations | ₹69 Cr | ₹262 Cr |
| Free cash flow | ₹-40 Cr | ₹231 Cr |
| ROCE | 50.0% | 71.0% |
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 | ₹0 Cr | ₹10 Cr | ₹14 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr |
| Reserves | ₹24 Cr | ₹26 Cr | ₹112 Cr | ₹167 Cr | ₹329 Cr | ₹443 Cr |
| Borrowings | ₹12 Cr | ₹7 Cr | ₹1 Cr | ₹1 Cr | ₹106 Cr | ₹127 Cr |
| Other liabilities | ₹13 Cr | ₹18 Cr | ₹24 Cr | ₹28 Cr | ₹86 Cr | ₹78 Cr |
| Total liabilities | ₹49 Cr | ₹62 Cr | ₹151 Cr | ₹221 Cr | ₹546 Cr | ₹673 Cr |
| Fixed assets | ₹23 Cr | ₹28 Cr | ₹60 Cr | ₹67 Cr | ₹261 Cr | ₹307 Cr |
| Capital work in progress | ₹0 Cr | ₹5 Cr | ₹1 Cr | ₹4 Cr | ₹17 Cr | ₹2 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹5 Cr | ₹4 Cr | ₹92 Cr | ₹95 Cr |
| Other assets | ₹26 Cr | ₹28 Cr | ₹86 Cr | ₹146 Cr | ₹176 Cr | ₹269 Cr |
| Total assets | ₹49 Cr | ₹62 Cr | ₹151 Cr | ₹221 Cr | ₹546 Cr | ₹673 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, FIIs trimmed −1.13 pp while the public added +0.86 pp. The shareholder count grew 557% to 43,413.
- Promoters
- 63.6%
- FIIs
- 4.8%
- DIIs
- 0.4%
- Public
- 31.2%
Since Jun 2025
- FIIs −1.13 pp
- Public +0.86 pp
- DIIs +0.18 pp
How it drifted, 12 quarters
Over this window FIIs went from 0.0% to 4.8% — +4.8 pp.
Ownership split by quarter, oldest first. Sep '22: Promoters 65.9%, Public 34.1%.Mar '23: Promoters 66.2%, Public 33.8%.Sep '23: Promoters 67.9%, FIIs 2.0%, DIIs 0.0%, Public 30.1%.Nov '23: Promoters 67.9%, FIIs 1.8%, Public 30.3%.Mar '24: Promoters 67.9%, FIIs 0.3%, Public 31.8%.Sep '24: Promoters 65.8%, FIIs 4.0%, DIIs 0.1%, Public 30.0%.Mar '25: Promoters 63.5%, FIIs 6.0%, DIIs 0.2%, Public 30.3%.Jun '25: Promoters 63.5%, FIIs 5.9%, DIIs 0.2%, Public 30.4%.Sep '25: Promoters 63.6%, FIIs 6.6%, DIIs 0.1%, Public 29.6%.Dec '25: Promoters 63.6%, FIIs 6.3%, DIIs 0.1%, Public 30.0%.Mar '26: Promoters 63.6%, FIIs 6.2%, DIIs 0.5%, Public 29.8%.Jun '26: Promoters 63.6%, FIIs 4.8%, DIIs 0.4%, Public 31.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Jeena Sikho above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Manish Grover | 63.27% | unchanged |
| Sixteenth Street Asian Gems Fund FPI fund | 4.20% | −1.46 pp |
| Oregano Life Private Limited | 2.95% | −0.82 pp |
| Ajay Kumar Aggarwal - 2 | 1.68% | unchanged |
| Bhavna Grover | 0.20% | unchanged |
| Rohit Grover | 0.06% | unchanged |
| Mukesh Grover | 0.04% | unchanged |
| Santosh Grover | 0.02% | unchanged |
| Sahil Jain | 0.01% | unchanged |
| Shreya Grover | 0.01% | unchanged |
| Akansha Jain | 0.01% | unchanged |
| Madhav Grover | 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.
What the price assumes
AttractiveTo justify its price of ₹512, this stock must grow earnings at 19% every year for 7 years. Our analysis caps realistic growth at ~173%. At that growth it is worth ₹133827 — upside of 26046%.
- Growth the price implies
- 19.1% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 174.1% a year
- net profit, FY25–FY26 · EPS 173.4%
- The gap
- -1.5 pp
- 26046% downside if it only repeats history
All earnings calls (7)
Read the Q1 FY27 call →Learn to analyse Jeena Sikho
Guides on how to read this kind of business and the numbers that matter.