Jai Corp Limited Earnings Summary — Q4 FY2026
Jai Corp Reports Significant Annual Net Profit Growth Driven by Other Income Despite Q4 Revenue Decline
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 3 consecutive quarters.
- Revenue of ₹158 Cr is 20.1% higher year-on-year.
- Revenue has compounded at 11.7% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹28 Cr is 72.9% below the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at 8.6% annualised across the period.
- Operating margin stands at 15.1% in Q1 FY2027.
- Operating margin expanded by 882 bps year-on-year.
- Over the last two years operating margin has expanded by 382 bps.
- PBT margin is 24.1%.
- Expense growth of 8.8% remained below revenue growth of 20.1%.
- Operating profit of ₹24 Cr is 189.5% higher year-on-year.
- Operating leverage continues to improve.
- 4 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 73/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 158 | 121 | 116 | 146 | 131 | 135 | 126 | 135 | 121 | 123 |
| Expenses | Improving | 134 | 105 | 103 | 129 | 123 | 125 | 114 | 119 | 107 | 107 |
| Operating Profit | Improving | 24 | 16 | 13 | 17 | 8 | 10 | 12 | 16 | 14 | 16 |
| Operating Margin | Improving | 15.1% | 13.2% | 11.4% | 11.6% | 6.3% | 7.5% | 9.8% | 12.1% | 11.3% | 12.9% |
| Other Income | Volatile | 17 | 14 | 13 | 20 | 104 | 19 | 7 | 8 | 7 | 17 |
| Interest | Improving | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | Stable | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit Before Tax | Volatile | 38 | 27 | 23 | 34 | 109 | 27 | 16 | 22 | 18 | 30 |
| Tax | Improving | 10 | 6 | 6 | 7 | 5 | 3 | 4 | 5 | 4 | 6 |
| Net Profit | Volatile | 28 | 21 | 18 | 27 | 104 | 23 | 12 | 17 | 14 | 23 |
| Net Margin | Volatile | 17.9% | 17.2% | 15.1% | 18.3% | 79.5% | 17.2% | 9.8% | 12.7% | 11.3% | 19.1% |
Key Takeaways
- Consolidated Net Profit for Q4 FY2026 fell by 10.7% year-on-year to ₹2,079 Lakh, though it showed recovery on a sequential basis.
- Full-year FY2026 net profit surged significantly to ₹16,927 Lakh from ₹6,847 Lakh in the prior year, largely aided by a substantial increase in 'Other Income' totaling ₹15,211 Lakh.
- The Board recommended a final dividend of Re. 0.50 per equity share for the financial year 2025-26.
- Plastic Processing remains the dominant segment, contributing ₹11,699 Lakh to Q4 revenue, while the Spinning segment remains discontinued.
- Audit reports for the consolidated results contain qualifications regarding the unavailability of financial data for associate Urban Infrastructure Holding Pvt Ltd.
- One subsidiary, Urban Infrastructure Venture Capital Ltd, faces frozen investments by the Directorate of Enforcement in a money laundering investigation.
- The company recognized an exceptional item of ₹141.33 Lakh during the year related to estimated obligations under the New Labour Codes effective November 2025.
Management Guidance
Management does not envisage any material financial impact from the phased discontinuation of the Spinning Division. The company continues to focus on its core plastic processing and real estate segments while maintaining a debt-free balance sheet.
Sentiment Shift
Stable
While annual profitability has spiked due to non-operating income, core revenue growth remains stagnant and regulatory/legal overhangs persist regarding specific subsidiaries and associates.
Outlook
The outlook is tempered by stagnant manufacturing volumes and a reliance on non-operating gains. Future performance depends on the monetization or development of legacy land banks and SEZ projects, which remain lacking in transparency.
From the Annual Report (Key Quotes)
“Management does not envisage any material financial impact on the Company's operations due to discontinuation of the [Spinning] Unit.”
“The Audit Report on the audited consolidated financial results contains qualified opinion and a statement showing impact of audit qualifications is attached.”
“Investments in shares and mutual funds of a non-material wholly-owned subsidiary... continue to remain frozen by the Directorate of Enforcement.”
Official Quarterly Documents
Ask AI about this quarter
This summary is AI-generated from Jai Corp Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.