JSL Industries FY26 Net Profit at Rs 329.16 Lacs; Publishes Results Extract in Newspapers
JSL Industries reported FY26 net profit of Rs. 329.16 lacs against Rs. 644.88 lacs in FY25, with revenue from operations growing to Rs. 5,642.61 lacs. The board re-appointed Mrs. Tejal R. Amin as Whole Time Director for three years from July 2026 and recommended a 6% dividend on preference shares. The company published its audited financial results extract in Indian Express and Financial Express on May 14, 2026, under Regulation 47 of SEBI LODR.

*this image is generated using AI for illustrative purposes only.
JSL Industries Limited's Board of Directors convened on May 13, 2026, and approved the audited financial results for the quarter and year ended March 31, 2026. The board meeting commenced at 02:30 P.M. and concluded at 03:05 P.M. Statutory auditors M/s. Talati & Talati, LLP, Chartered Accountants, issued an unmodified audit opinion on the financial results for the year ended March 31, 2026. In compliance with Regulation 47 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the company subsequently published an extract of its audited financial results in the Indian Express (English edition) and Financial Express (Gujarati edition) on May 14, 2026. The intimation was submitted to BSE Limited by Company Secretary & Compliance Officer Yogiraj Hemant Atre, and the full financial results are available on the BSE India website at www.bseindia.com and on the company's website at www.jslmogar.com .
Revenue and Profitability Performance
JSL Industries recorded growth in revenue from operations for the full year, rising to Rs. 5,642.61 lacs from Rs. 5,362.50 lacs in the previous year. However, total income for the year declined to Rs. 5,842.80 lacs from Rs. 5,904.38 lacs, primarily due to a significant reduction in other income to Rs. 200.19 lacs from Rs. 541.88 lacs. Net profit for the year came in at Rs. 329.16 lacs, compared to Rs. 644.88 lacs in the year ended March 31, 2025. Total comprehensive income for the year stood at Rs. 79.77 lacs against Rs. 644.27 lacs in the prior year, impacted by an OCI equity investment loss of Rs. 346.55 lacs (gross) during the year.
The following table presents the key financial results for the quarter and year ended March 31, 2026 (Rs. in Lacs):
| Metric: | Q4 FY26 (Audited) | Q3 FY26 (Unaudited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
|---|---|---|---|---|---|
| Revenue from Operations: | 1,728.72 | 1,376.05 | 1,350.20 | 5,642.61 | 5,362.50 |
| Other Income: | 51.38 | 61.13 | (42.67) | 200.19 | 541.88 |
| Total Income: | 1,780.10 | 1,437.18 | 1,307.53 | 5,842.80 | 5,904.38 |
| Total Expenses: | 1,629.19 | 1,292.43 | 1,330.92 | 5,399.58 | 5,142.24 |
| EBITDA: | 129.94 | 127.19 | 65.77 | 415.22 | 393.17 |
| Profit Before Tax: | 150.91 | 144.75 | (23.39) | 443.22 | 762.14 |
| Net Profit/(Loss): | 119.46 | 73.91 | (18.76) | 329.16 | 644.88 |
| Total Comprehensive Income: | (151.31) | (4.96) | (19.37) | 79.77 | 644.27 |
| Basic EPS (Rs.): | 10.18 | 6.29 | (1.59) | 28.04 | 54.94 |
| Diluted EPS (Rs.): | 10.18 | 6.29 | (1.59) | 28.04 | 54.94 |
Board Decisions and Appointments
The Board recommended the payment of a dividend at 6% on its Non-Convertible Non-Cumulative Redeemable Preference Shares, subject to shareholder approval at the ensuing Annual General Meeting (AGM). Additionally, in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and based on the recommendations of the Nomination & Remuneration Committee and approval by the Audit Committee, the Board re-appointed Mrs. Tejal R. Amin (DIN: 00169860) as Whole Time Director and Executive Director for a period of three years, effective from July 1, 2026, to June 30, 2029, subject to shareholder approval at the ensuing AGM. The company also confirmed that Mrs. Tejal R. Amin has not been debarred from holding the office of Director by virtue of any SEBI order or any other authority.
The key details of the re-appointment as disclosed under Regulation 30 of the SEBI Listing Regulations are as follows:
| Parameter: | Details |
|---|---|
| Name: | Mrs. Tejal R. Amin |
| DIN: | 00169860 |
| Designation: | Whole Time Director & Executive Director |
| Tenure: | July 01, 2026 to June 30, 2029 (3 years) |
| Qualification: | B.Com. |
| Experience: | More than 40 years in Finance, corporate administration and strategic business planning |
| Relationship with Directors: | Wife of Mr. Rahul N. Amin, Chairman & Director; Mother of Ms. Shubhalakshmi R. Amin |
Balance Sheet Highlights
The company's total assets as at March 31, 2026, stood at Rs. 6,355.70 lacs, compared to Rs. 6,150.68 lacs as at March 31, 2025. Total equity increased to Rs. 4,673.47 lacs from Rs. 4,594.74 lacs. Paid-up equity share capital remained unchanged at Rs. 117.39 lacs (face value Rs. 10/- each), and other equity (excluding revaluation reserve) was reported at Rs. 4,386.35 lacs for FY26 versus Rs. 4,306.57 lacs for FY25.
| Balance Sheet Item: | 31-03-2026 (Rs. in Lacs) | 31-03-2025 (Rs. in Lacs) |
|---|---|---|
| Total Non-current Assets: | 2,962.23 | 2,503.83 |
| Total Current Assets: | 3,393.47 | 3,646.85 |
| Total Assets: | 6,355.70 | 6,150.68 |
| Total Equity: | 4,673.47 | 4,594.74 |
| Total Non-current Liabilities: | 489.44 | 591.16 |
| Total Current Liabilities: | 1,192.79 | 964.78 |
| Total Equity and Liabilities: | 6,355.70 | 6,150.68 |
Cash Flow Summary
Net cash generated from operating activities for the year ended March 31, 2026, was Rs. 853.46 lacs, compared to a net cash outflow of Rs. (15.98) lacs in the prior year. Net cash generated from investing activities was Rs. 21.45 lacs (FY25: Rs. 117.23 lacs), while net cash used in financing activities was Rs. (874.50) lacs (FY25: Rs. (101.60) lacs). Cash and cash equivalents at the end of the year stood at Rs. 1.46 lacs, compared to Rs. 1.05 lacs at the beginning of the year.
Historical Stock Returns for JSL Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.44% | +3.65% | +7.14% | -6.67% | -32.21% | +775.00% |
How will JSL Industries plan to rebuild its 'other income' streams after the sharp decline from Rs. 541.88 lacs to Rs. 200.19 lacs, and what alternative revenue diversification strategies might the company pursue in FY27?
Given the significant OCI equity investment loss of Rs. 346.55 lacs in FY26, how might JSL Industries restructure its investment portfolio to mitigate mark-to-market volatility in future periods?
With current liabilities rising to Rs. 1,192.79 lacs from Rs. 964.78 lacs while current assets declined, how could the company's tightening liquidity position impact its operational flexibility and growth investments in the near term?


































