Jindal Photo Limited

BSE: JINDALPHOT532624ISIN INE796G01012

Financial Services
Investment Company
BSE Financial Services

Share price

₹1,140.20+1.50 (+0.13%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,634.80
52W low: ₹975.00
Off 52W high: -30.25%
1M return: +10.59%
3M return: +6.98%
6M return: +3.19%
1Y return: -17.04%
20D avg volume: 293
50 DMA: ₹1,056.52
200 DMA: ₹1,144.07

Key ratios Consolidated

Market cap: ₹1,170 Cr
Current price: ₹1,140.20
52W high / low: ₹1,634.80 / ₹975.00
Face value: ₹10.00
P/E: -18.84
P/B: 1.15
EPS (TTM): ₹-60.53
Book value / share: ₹995.39
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 0.06
Net debt: ₹64.75 Cr
Interest cover: 2.25
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	7.97	0.46	0.64	10.94	0.54	0.54	0.48	0.81	0.63	18.97	0.43	0.45
	0.00	0.01	0.01	0.01	0.00	0.00	0.01	0.00	0.00	0.01	0.00	0.00
	7.97	0.47	0.65	10.95	0.54	0.54	0.49	0.81	0.63	18.98	0.43	0.45
	1.20	1.50	1.53	1.47	1.44	1.33	1.38	1.31	1.34	3.51	0.47	0.52
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.06	0.05	0.06	0.05	0.04	0.06	0.05	0.04	0.04	0.04	0.05	0.04
	1.04	1.34	1.34	1.33	1.34	1.23	1.23	1.22	1.23	3.41	0.36	0.37
	0.01	0.01	0.02	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0.02	0.01
	0.09	0.10	0.11	0.08	0.05	0.03	0.08	0.04	0.06	0.05	0.04	0.10
	6.77	-1.03	-0.88	9.48	-0.90	-0.79	-0.89	-0.50	-0.71	15.47	-0.04	-0.07
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	6.77	-1.03	-0.88	9.48	-0.90	-0.79	-0.89	-0.50	-0.71	15.47	-0.04	-0.07
	0.10	0.03	0.06	2.69	0.06	-0.20	—	—	—	—	—	—
	13.08	-5.66	-116.95	47.44	52.38	29.22	24.61	124.69	47.42	96.15	90.05	45.82
	12.75	-5.52	-114.00	46.23	51.07	28.48	23.99	121.55	46.23	93.72	87.79	44.67
Key metrics
	—	—	—	—	—	—	0.36	0.73	0.53	18.89	0.34	0.31
	—	—	—	—	—	—	75.00%	90.10%	84.10%	99.60%	79.10%	68.90%
	164.10%	-1,230.40%	-18,273.40%	433.60%	9,700.00%	5,411.10%	5,127.10%	15,393.80%	7,527.00%	506.90%	20,941.90%	10,182.20%
	1,375.90%	-14.80%	33.30%	1,250.60%	-14.30%	-97.20%	11.60%	80.00%	—	—	—	—
	-75.00%	-119.40%	-575.20%	-62.00%	10.50%	-69.60%	-72.70%	172.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	20.01	12.58	2.46	20.30	7.86	0.11
	0.03	0.03	0.01	0.02	0.01	0.07
	20.04	12.61	2.47	20.32	7.87	0.18
	5.70	5.94	5.36	4.99	6.19	5.69
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	0.22	0.20	0.19	0.18	0.21	0.20
	5.05	5.35	4.91	4.50	5.63	5.17
	0.05	0.05	0.05	0.05	0.05	0.05
	0.38	0.34	0.21	0.26	0.30	0.27
	14.34	6.67	-2.89	15.33	1.68	-5.51
	0.00	0.00	0.00	0.00	0.00	0.00
	14.34	6.67	-2.89	15.33	1.68	-5.51
	2.88	2.84	-0.16	—	—	—
	-62.09	-22.79	225.94	265.55	167.16	633.72
	-60.54	-22.21	220.25	258.86	162.96	617.78
Key metrics
	—	—	—	19.88	7.36	-0.29
	—	—	—	97.90%	93.60%	-263.60%
	-310.29%	-181.20%	9,184.60%	1,308.10%	2,126.70%	5,76,109.10%
	744.30%	411.40%	-87.90%	158.30%	7,045.50%	—
	-126.89%	-110.10%	-14.90%	58.90%	-73.60%	—
	—	7.45	0.06	—	—	—
	—	-0.33	0.00	—	—	—
	—	0.06	0.06	—	—	—
	—	64.75	59.42	—	—	—
Balance sheet
	—	1,243	1,048	—	—	—
	—	0.03	0.01	—	—	—
	—	0.00	0.00	—	—	—
	—	2.40	2.45	—	—	—
	—	64.78	59.43	—	—	—
	—	1,021	968.30	—	—	—
Cash flow
	—	7.45	0.06	—	—	—
	—	-7.43	-0.07	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	7.97	0.46	0.64	10.94	0.54	0.54	0.48	0.81	0.63	18.98	0.43	0.45
	0.00	0.01	0.01	0.01	0.00	0.00	0.01	0.00	0.00	0.01	0.00	0.00
	7.97	0.47	0.65	10.95	0.54	0.54	0.49	0.81	0.63	18.99	0.43	0.45
	1.20	1.50	1.53	1.47	1.44	1.33	1.38	1.31	1.34	3.51	0.47	0.52
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.06	0.05	0.06	0.05	0.04	0.06	0.05	0.04	0.04	0.04	0.05	0.04
	1.04	1.34	1.34	1.33	1.34	1.23	1.23	1.22	1.23	3.41	0.36	0.37
	0.01	0.01	0.02	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0.02	0.01
	0.09	0.10	0.11	0.08	0.05	0.03	0.08	0.04	0.06	0.05	0.04	0.10
	6.77	-1.03	-0.88	9.48	-0.90	-0.79	-0.89	-0.50	-0.71	15.48	-0.04	-0.07
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	6.77	-1.03	-0.88	9.48	-0.90	-0.79	-0.89	-0.50	-0.71	15.48	-0.04	-0.07
	0.10	0.03	0.06	2.69	0.06	-0.19	—	—	—	—	—	—
	6.67	-1.06	-0.94	6.79	-0.96	-0.60	-0.89	-0.54	-0.71	15.48	-0.04	-0.07
	6.50	-1.04	-0.92	6.62	-0.94	-0.57	-0.87	-0.53	-0.69	15.09	-0.05	-0.07
Key metrics
	—	—	—	—	—	—	0.36	0.73	0.53	18.90	0.34	0.31
	—	—	—	—	—	—	75.00%	90.10%	84.10%	99.60%	79.10%	68.90%
	83.70%	-230.40%	-146.90%	62.10%	-177.80%	-111.10%	-185.40%	-66.70%	-112.70%	81.60%	-9.30%	-15.60%
	1,375.90%	-14.80%	33.30%	1,250.60%	-14.30%	-97.20%	11.60%	80.00%	—	—	—	—
	794.80%	-76.70%	-5.60%	1,357.40%	-35.20%	-103.90%	-2,125.00%	-671.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	20.01	12.58	2.46	20.31	161.40	0.11
	0.03	0.03	0.01	0.01	0.01	0.07
	20.04	12.61	2.47	20.32	161.41	0.18
	5.70	5.94	5.36	4.99	6.20	5.69
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	0.22	0.20	0.19	0.18	0.21	0.20
	5.05	5.35	4.91	4.50	5.64	5.17
	0.05	0.05	0.05	0.05	0.05	0.05
	0.38	0.34	0.21	0.26	0.30	0.27
	14.34	6.67	-2.89	15.33	155.21	-5.51
	0.00	0.00	0.00	0.00	0.00	0.00
	14.34	6.67	-2.89	15.33	155.21	-5.51
	2.88	2.84	-0.15	—	—	—
	11.46	3.83	-2.74	15.33	156.35	-4.08
	11.16	3.74	-2.67	14.95	152.41	-3.98
Key metrics
	—	—	—	19.88	160.90	-0.29
	—	—	—	97.90%	99.70%	-263.60%
	57.27%	30.40%	-111.40%	75.50%	96.90%	-3,709.10%
	744.30%	411.40%	-87.90%	-87.40%	1,46,627.30%	—
	—	239.80%	-117.90%	-90.20%	3,932.10%	—
	—	7.45	0.06	—	—	—
	—	1.95	-0.02	—	—	—
	—	0.06	0.30	—	—	—
	—	64.75	59.42	—	—	—
Balance sheet
	—	1,236	275.58	—	—	—
	—	0.03	0.01	—	—	—
	—	0.00	0.00	—	—	—
	—	2.40	2.45	—	—	—
	—	64.78	59.43	—	—	—
	—	1,014	195.75	—	—	—
Cash flow
	—	7.45	0.06	—	—	—
	—	-7.43	-0.07	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -57.28%
Sales CAGR 5Y: —
Profit CAGR 3Y: -70.96%
Profit CAGR 5Y: —
Sales YoY (TTM): +744.30%
Profit YoY (TTM): +483.28%

Consolidated

Sales CAGR 3Y: +16.97%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +744.30%
Profit YoY (TTM): -126.89%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.20%

Quarter	September 2026	June 2026
Promoter %	74.20%	74.20%

Holder	Type	Holding	Previous	Change
Concatenate Power Advest Private Limited	Promoter Group	73.18%	73.18%	0.00%
Anita Bubna Bubna	Public	2.92%	—	—
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs	Public	1.88%	1.88%	0.00%
Monet Securities Private Ltd	Public	1.53%	1.53%	0.00%
Rajendra Prasad Bubna Bubna	Public	1.51%	1.34%	+0.17%
Shree Capital Services Ltd	Public	1.05%	—	—
Futuristic Trust (Trustees Mr. Shyam Sunder Jindal and Mrs. Subhadra Jindal)	Promoter	1.02%	1.02%	0.00%
M.PRASAD & CO LIMITED	Public	1.01%	1.01%	0.00%
Jindal (India) Limited	Promoter Group	0.00%	0.00%	0.00%
Concatenate Advest Advisory Private Limited	Promoter Group	0.00%	0.00%	0.00%
Shyam Sundar Jindal	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Jio Financial Services Limited	1,46,722	222.20	85.71	—	+122.66% TTM	+4.99% TTM	-26.40%
Aditya Birla Capital Ltd	1,03,935	379.60	22.08	—	+23.75% TTM	+40.82% TTM	+14.46%
Tata Investment Corporation Ltd.	28,551	564.30	71.62	—	+16.36% TTM	+13.32% TTM	-28.21%
CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED	25,806	1,374.30	4.29	—	+17.83% TTM	+24.27% TTM	-31.78%
TVS Holdings Limited	24,737	12,226.65	6.36	—	—	—	-19.15%
Maharashtra Scooters Ltd. S	13,510	11,821.25	44.34	—	+0.80% TTM	-14.73% TTM	-19.60%
JSW Holdings Limited	12,153	10,949.00	60.44	—	+54.93% TTM	+61.39% TTM	-35.00%
Religare Enterprises Ltd	7,666	224.65	428.87	—	+19.12% TTM	-89.03% TTM	-14.34%
Pilani Investment And Industries Corporation Limited	4,257	3,845.10	-349.56	—	-14.64% TTM	-119.66% TTM	-26.34%
Nalwa Sons Investment Ltd	2,510	4,886.85	43.58	—	-19.75% TTM	+35.31% TTM	-28.05%
Elcid Investments Ltd.	1,968	98,400.00	12.63	—	+158.70% TTM	+105.15% TTM	-25.95%
Kalyani Investment Company Limited	1,897	4,346.25	46.70	—	+7.07% TTM	+24.09% TTM	-27.33%
Shipping Corporation of India Land and Assets Limited S	1,678	36.03	46.79	1.10%	+19.06% TTM	+118.43% TTM	-27.95%
SUMMIT SECURITIES LTD.	1,450	1,330.00	11.51	—	+29.31% TTM	+24.27% TTM	-41.53%
PNB Gilts Ltd S	1,420	78.90	7.38	—	-2.69% TTM	+7.14% TTM	-12.73%
BELDING INDIA LIMITED S	1,196	826.15	-786.81	-0.10%	-100.00% TTM	-168.02% TTM	—
Jindal Photo Limited	1,170	1,140.20	-18.84	—	+744.30% TTM	-126.89% TTM	-17.04%
Vardhman Holdings Limited	1,092	3,421.00	4.34	—	+0.46% TTM	+1.65% TTM	-17.85%
Industrial & Prudential Inv. Co. Lt	1,020	6,089.00	16.76	—	-28.28% TTM	-3.16% TTM	+1.09%
JINDAL POLY INVESTMENT AND FINANCE COMPANY LIMITED	977	929.60	1.21	—	+3,152.89% TTM	+167.19% TTM	-4.75%
STEL Holdings Limited	970	525.35	49.44	1.60%	+19.92% TTM	+21.64% TTM	+30.05%
Hexa Tradex Limited	836	151.30	-121.40	-0.10%	+0.66% TTM	+70.34% TTM	-13.07%
Welspun Investments and Commercials Ltd. S	695	1,903.00	205.89	—	+38.73% TTM	+0.60% TTM	+43.44%
BEML Land Assets Limited S	690	165.75	-16,575.00	-16.40%	—	+98.79% TTM	-20.73%
VLS Finance Limited	648	210.40	14.17	—	-65.51% TTM	+93.36% TTM	-3.04%

Filings & corporate actions

Recent announcements

Submission of Recommendations of the Committee of Independent Directors ('IDC') under Regulation 28 of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021, ....24 Oct 2026 · Company Update / Newspaper Publication
Submission of Letter of Offer ('Letter of Offer') by Jindal Photo Limited ('the Company') in accordance with the provisions of the SEBI (Delisting of Equity Shares) Regulations, 2021 and ....23 Oct 2026 · Company Update / General
Saffron Capital Advisors Pvt. Ltd ("Manager to the Delisting Offer") has submitted to BSE a copy of Letter of Offer for Voluntary Delisting of Equity Shares to the Public Shareholders of ....23 Oct 2026 · Company Update / Delisting
Intimation regarding publication of Detailed Public Announcement dated October 21, 2026, on October 22, 2026, under Regulation 15 of the SEBI (Delisting of Equity Shares) Regulations, 2021, ....22 Oct 2026 · Company Update / Newspaper Publication
Saffron Capital Advisors Pvt. Ltd ("Manager to the Delisting Offer") has submitted to BSE a copy of Detailed Public Announcement under Regulation 15 of the Securities and Exchange Board ....22 Oct 2026 · Company Update / Delisting
Intimation of receipt of In-principle approval for Voluntary Delisting of Equity Shares of the Company from Bombay Stock Exchange of India Limited ("BSE") and National Stock Exchange ('NSE') ....21 Oct 2026 · Company Update / General
Pursuant to Regulation 30 read with Para A of Part A of Schedule III to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing ....19 Oct 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
Pursuant to Regulation 30 read with Para A of Part A of Schedule III to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing ....19 Oct 2026 · Others / Outcome without intimation
Confirmation Certificate under Regulation 74(5) of Securities & Exchange Board of India (Depositories and Participants) Regulations 2018 received from MUFG Intime India Private Limited, ....12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Voting Results of 23rd Annual General Meeting held on held on Monday 28, 2026 pursuant to Regulation 44(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 201530 Sep 2026 · AGM/EGM / AGM
Summary of the proceedings of the 23rd Annual General Meeting - Adjourned Meeting of Jindal Photo Limited held on Monday, September 28, 2026 At 02.00 P.M. through Video Conferencing ('Vc')/Other ....28 Sep 2026 · AGM/EGM / AGM
Intimation of Closure of Trading Window in terms of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, (as amended)28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
It is informed that the 23rd Annual General Meeting ('AGM') of Jindal Photo Limited (the 'Company') was scheduled today Monday September 21, 2026 at 2:00 PM through Video Conferencing ('VC')/Other ....21 Sep 2026 · Others
Ms. Mukta Sharma, Company Secretary cum Compliance Officer of the Company has tendered her resignation to pursue higher studies9 Sep 2026 · Company Update / Change in Management
Submission of newspaper publication for post-dispatch of notice of 23rd Annual General Meeting27 Aug 2026 · Company Update / Newspaper Publication
Submission of Annual Report for the FY 2025-2626 Aug 2026 · Others / Reg. 34 (1) Annual Report
Intimation of 23rd Annual General Meeting of Jindal Photo Limited to be held on September 21, 202626 Aug 2026 · AGM/EGM / AGM
Newspaper publication for intimation of 23rd AGM21 Aug 2026 · Company Update / Newspaper Publication
Scruitinizer''s Report19 Aug 2026 · AGM/EGM / Postal Ballot
Postal Ballot Results19 Aug 2026 · AGM/EGM / Postal Ballot
Intimation of Newspaper Publication for financial results for the quarter ended June 30, 202614 Aug 2026 · Company Update / Newspaper Publication
Intimation of 23rd Annual General Meeting (AGM) of the members of the Company will be held on Monday, September 21, 2026 at 02:00 PM.13 Aug 2026 · Company Update / General
Un-audited Standalone and Consolidated Financial Results for quarter ended June 30, 202613 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on August 13, 2026, inter-alia to consider and approve un-audited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026.13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Jindal Photo Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Un-audited Standalone and Consolidated ....10 Aug 2026 · Board Meeting / Board Meeting
Intimation of re-appointment of Ms. Manoj Kumar Rastogi (DIN: 07585209) for another term as a Managing Director of the Company for a period of 5 years w.e.f. August 10, 2026, whose existing ....4 Aug 2026 · Company Update / Change in Management
Intimation of re-appointment of Mr. Manoj Kumar Rastogi for his another term as a Managing Director of the Company for a period of 5 years w.e.f. August 10, 2026, whose existing term is ....4 Aug 2026 · Others / Outcome without intimation
Intimation Regarding completion of dispatch of the Notice of Postal Ballot and publication of Newspaper Advertisement20 Jul 2026 · Company Update / Newspaper Publication
Intimation of Postal Ballot Notice for Voluntary Delisting17 Jul 2026 · AGM/EGM / Postal Ballot
Revised outcome16 Jul 2026 · Company Update / Revision of outcome
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (SEBI Listing Regulations) - ....16 Jul 2026 · Board Meeting / Outcome of Board Meeting
Saffron Capital Advisors Pvt. Ltd ("Manager to the Offer") has informed BSE that :<BR><BR>"This is in continuation to our letter dated June 29, 2026 wherein we had intimated intention of ....16 Jul 2026 · Company Update / Delisting
Jindal Photo Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2026 ,inter alia, to consider and approve the Delisting Proposal after discussion ....13 Jul 2026 · Board Meeting / Board Meeting
Submission of Certificate under Regulation 74(5) of SEBI (DP) Regulations received from MUFG Intime India Private Limited.13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('SEBI Listing Regulations) for appointment of M/s Bhumika & Co., ....1 Jul 2026 · Others / Outcome without intimation
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('SEBI Listing Regulations) for appointment of M/s Bhumika & Co., ....1 Jul 2026 · Company Update / General
IPA29 Jun 2026 · Company Update / General
Saffron Capital Advisors Pvt. Ltd ("Manager to the Offer") has submitted to BSE a copy of Initial Public Announcement under Regulation 8 of the Securities and Exchange Board of India (Delisting ....29 Jun 2026 · Company Update / Delisting
Closure of Trading window from July 01, 2026 till the completion of 48 hours after the declaration of Financial Results of the Company for the quarter ending June 30, 2026.26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Extension of tenure of Redeemable Preference Shares by 5 years10 Jun 2026 · Company Update / General

Board meetings

13 Aug 2026 Board Meeting - Financial Results