Jaipan Industries Q1 profit rises 89% to ₹10.03 lakh

Jaipan Industries reported a profit after tax of ₹10.03 lakh for the quarter ended June 30, 2026, a significant increase from ₹5.29 lakh in the corresponding period of the previous year. The company's revenue from operations for Q1FY26 stood at ₹519.76 lakh, a decline from ₹606.65 lakh recorded in Q1FY25. Total income for the quarter was ₹523.86 lakh, supported by other income of ₹4.10 lakh.

The Board of Directors approved the unaudited financial results along with the Limited Review Report during a meeting held on July 15, 2026. The results were reviewed by the Audit Committee and the Statutory Auditors. The company operates within a single primary business segment and has prepared the results in accordance with Indian Accounting Standards (Ind AS) 34.

Financial Performance

Total expenses for the quarter decreased to ₹513.83 lakh from ₹605.87 lakh in the prior year quarter. This reduction was driven by a negative change in inventories of finished goods and work-in-progress, which stood at -₹72.18 lakh compared to ₹70.35 lakh in Q1FY25. Employee benefits expenses also decreased to ₹25.49 lakh from ₹26.89 lakh year-on-year.

Profit before tax for the quarter rose to ₹10.03 lakh from ₹5.29 lakh in Q1FY25. The company reported no tax expenses for the current quarter or the comparative period. Earnings per share (EPS) on a basic and non-annualized basis remained flat at ₹0.01 per share.

Key Financial Metrics

Particulars	Q1FY26 (Unaudited)	Q1FY25 (Unaudited)	FY26 (Audited)
Revenue from operations	₹519.76 lakh	₹606.65 lakh	₹2,731.37 lakh
Total Income	₹523.86 lakh	₹611.16 lakh	₹2,735.30 lakh
Total Expenses	₹513.83 lakh	₹605.87 lakh	₹2,702.14 lakh
Profit for the period	₹10.03 lakh	₹5.29 lakh	₹33.16 lakh

The paid-up equity share capital remained constant at ₹609.98 lakh. Reserves, excluding revaluation reserves, increased to ₹780.87 lakh as of June 30, 2026, from ₹443.16 lakh in the same period last year.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.03%	+12.90%	+28.06%	+25.49%	-4.89%	+217.89%

Jaipan Industries Limited disclosed a reduction in promoter shareholding following the sale of 2,92,332 equity shares through open market transactions. The sale, executed by Atin J Agarwal along with Jainarain O Agarwal acting as a Person Acting in Concert (PAC), occurred between June 22 and June 23, 2026. This transaction reduces the promoters' stake in the company to 35.12% of the total voting capital.

The disclosure was submitted to the stock exchange pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirmed that the sellers belong to the promoter group of Jaipan Industries Limited. The equity share capital of the company remains unchanged at Rs.6,09,98,400, comprising 60,99,840 equity shares of Rs.10/- each.

Shareholding Details

The transaction involved the sale of shares by Atin J Agarwal and Jainarain O Agarwal. Atin J Agarwal sold his entire holding of 2,42,332 shares, which represented a 3.97% stake. Jainarain O Agarwal sold 50,000 shares, amounting to a 0.82% stake. The combined sale of 2,92,332 shares accounted for 4.79% of the company's total share capital.

The following table outlines the changes in shareholding for the promoter group:

Shareholder	Shares Sold	% of Total Capital	Holding After Sale	% Holding After Sale
Atin J Agarwal	2,42,332	3.97	0	0.00
Jainarain O Agarwal	50,000	0.82	17,16,921	28.14
Veena Jainarian Agarwal	0	0.00	2,89,080	4.74
Neha Jainarayan Agarwal	0	0.00	1,36,760	2.24
Shirish D Gotecha	0	0.00	280	0.00
Total	2,92,332	4.79	21,43,041	35.12

Post-Transaction Status

Prior to the sale, the promoter group held a total of 24,35,373 shares, representing 39.93% of the total voting capital. Following the disposal, the aggregate holding of the promoter group has decreased to 21,43,041 shares. The shares are listed on BSE Limited. The disclosure was signed by Veena Jainarain Agarwal, Director of Jaipan Industries Limited.