Jai Corp Limited (JAICORPLTD)
₹91.97 -3.53% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Jai's revenue was ₹158 Cr (+20.1% year on year, +30.2% on the previous quarter), and net profit ₹28.2 Cr (-73.0% year on year); the operating margin was 15.1%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹158 | +20.1% | +30.2% |
| Operating profit | ₹23.8 | +188.7% | +48.5% |
| Net profit | ₹28.2 | -73.0% | +34.3% |
| EPS (₹) | 1.61 | -72.9% | +36.4% |
| Operating margin | 15.1% | — | — |
JAICORPLTD delivery percentage and bulk deals
NSE end-of-day data for
On Fri, 16 Oct 2026, 7.9% of the JAICORPLTD shares traded on NSE were taken to delivery, against the stock's own 20-session average of 37.58%. The price fell 3.53% on unusually low delivery. It traded 2.6 times its average daily volume. 26 bulk or block deals were reported in JAICORPLTD in the last 60 days: ₹274 Cr bought and ₹274 Cr sold.
Delivery in the last 5 sessions: 42.4% · 32.5% · 34.1% · 2.6% · 7.9%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 15 Oct | Sell | Microcurves Trading Private Limited | ₹54.63 Cr | ₹95.48 | 5,721,808 | Bulk |
| 15 Oct | Buy | Microcurves Trading Private Limited | ₹54.57 Cr | ₹95.37 | 5,721,808 | Bulk |
| 15 Oct | Sell | Junomoneta Finsol Private Limited | ₹39.63 Cr | ₹95.55 | 4,147,414 | Bulk |
| 15 Oct | Buy | Junomoneta Finsol Private Limited | ₹39.42 Cr | ₹95.48 | 4,128,243 | Bulk |
| 15 Oct | Sell | Nk Securities Research Private Limited | ₹30.93 Cr | ₹95.96 | 3,223,235 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Jai Corp Limited has submitted the compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate from Registrar and Share Transfer Agent Bigshare Services Private Limited confirms that securities received for dematerialization were processed, verified, cancelled, and substituted in the register of members within the mandated 15-day timeline. This is a recurring statutory filing with zero financial or operational impact.
- Compliance certificate submitted under Regulation 74(5) for the quarter ended September 30, 2026
- Issued by Registrar and Share Transfer Agent Bigshare Services Private Limited on October 14, 2026
- Confirmation that dematerialization verification and substitution were executed within 15 days of receipt
Jai Corp Limited has issued newspaper advertisements regarding its upcoming 41st Annual General Meeting (AGM), scheduled for September 28, 2026, via Video Conferencing. The cut-off date to determine e-voting eligibility and entitlement to dividend (if declared) is September 21, 2026. Share transfer books and the register of members for physical shareholders will remain closed from September 22, 2026, to September 28, 2026. Remote e-voting will take place between September 25, 2026 (9:00 AM) and September 27, 2026 (5:00 PM).
- 41st Annual General Meeting scheduled for Monday, September 28, 2026, at 11:00 AM IST via VC/OAVM
- Record/Cut-off date for e-voting and dividend entitlement set as Monday, September 21, 2026
- Book closure period for physical shares from September 22, 2026, to September 28, 2026 (both days inclusive)
- Remote e-voting window opens September 25, 2026 (9:00 AM) and closes September 27, 2026 (5:00 PM)
Jai Corp Limited has completed the transition of its Registrar & Share Transfer Agent (RTA) for electronic connectivity from KFin Technologies Limited to Bigshare Services Private Limited. According to confirmation received from CDSL, the electronic connectivity change took effect on August 31, 2026. The required tripartite agreement among the company, the outgoing RTA, and the incoming RTA is currently under process. This is a standard secretarial and administrative update with zero impact on the company's financial operations.
- Bigshare Services Private Limited appointed as RTA replacing KFin Technologies Limited effective August 31, 2026
- CDSL confirmed the execution of RTA change in its system via communication dated August 31, 2026
- Tripartite agreement under Regulation 7 of SEBI LODR Regulations is currently in process
- Follows earlier corporate intimations submitted on July 24, 2026 and August 29, 2026
Jai Corp Limited has announced an update regarding the change of its Registrar & Share Transfer Agent (RTA). In continuation of its July 24, 2026 intimation, the appointment of Bigshare Services Private Limited in place of KFin Technologies Limited will be effective August 31, 2026, for electronic connectivity as confirmed by NSDL. The execution of the tripartite agreement under Regulation 7 of SEBI LODR is currently underway. This is a routine administrative change with zero impact on the company's financials or operations.
- Bigshare Services Private Limited appointed as new RTA effective August 31, 2026
- KFin Technologies Limited ceases to act as RTA for electronic connectivity from BOD of August 31, 2026
- Tripartite agreement between the company, Bigshare Services, and KFin Technologies is under process
- NSDL confirmation received via letter dated August 28, 2026
Jai Corp Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 pursuant to Regulation 34(2)(f) of SEBI LODR Regulations. The filing highlights that plastic processing accounted for 100% of the standalone turnover (Polypropylene/HDPE fabric, sacks, and FIBC jumbo bags), with exports representing 9.06% of total turnover. The company reported a workforce comprising 55 permanent employees and 1,341 permanent workers across 6 operational locations. All 35 shareholder complaints received during the year were resolved.
- Plastic processing products (PP/HDPE fabric, sacks, FIBC bags) contributed 100% of standalone turnover in FY26
- Export turnover accounted for approximately 9.06% of total turnover across 9 international countries
- Company operations comprise 6 operational locations and 2 corporate offices across 12 Indian states
- Workforce stood at 55 permanent employees and 1,341 permanent workers; all 35 shareholder complaints were resolved
Jai Corp Limited has issued the notice for its 41st Annual General Meeting scheduled for September 28, 2026, via video conferencing. The agenda includes the declaration of a final dividend of ₹0.50 per share (50% on ₹1 face value) on 17,55,04,995 equity shares, setting the record date as September 21, 2026. Shareholders will also vote on confirming the previously paid special interim dividend of ₹5.00 per share (500%). Additional resolutions include the re-appointment of director Mr. Virendra Jain and the re-appointment of Mr. Dinesh Deokinandan Paliwal as Director-Works for three years starting April 1, 2027.
- 41st AGM scheduled for Monday, September 28, 2026 at 11:00 AM IST via Video Conferencing.
- Final dividend of ₹0.50 (50%) per equity share of ₹1 face value proposed; record date set for September 21, 2026.
- Confirmation of ₹5.00 (500%) per share special interim dividend previously paid on 17,55,04,995 equity shares.
- Proposed re-appointment of Mr. Dinesh Deokinandan Paliwal as Director-Works for 3 years effective April 1, 2027 (last drawn remuneration: ₹84.37 lakh).
Jai Corp Limited has fixed Monday, September 21, 2026, as the record date to determine eligible shareholders for dividend payment and e-voting. The company's 41st Annual General Meeting (AGM) is scheduled to be held on Monday, September 28, 2026. The Register of Members and share transfer books will remain closed from September 22, 2026, to September 28, 2026 (both days inclusive) for physical shareholders.
- Record date fixed as Monday, September 21, 2026
- 41st Annual General Meeting scheduled for Monday, September 28, 2026
- Book closure period runs from September 22, 2026, to September 28, 2026
- Eligible shareholders on record date will receive dividend post AGM approval
Jai Corp Limited has notified the stock exchanges that its 41st Annual General Meeting (AGM) will be held on Monday, September 28, 2026, at 11:00 AM IST. The meeting will be conducted virtually through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) in compliance with Ministry of Corporate Affairs and SEBI circulars. This is a standard annual statutory corporate compliance filing. No commercial or operational disclosures were included in the brief intimation.
- 41st Annual General Meeting scheduled for September 28, 2026
- Meeting to commence at 11:00 A.M. (IST)
- AGM to be held virtually via Video Conferencing / Other Audio-Visual Means
Jai Corp Limited has notified a special window for the transfer and dematerialisation of physical securities pursuant to SEBI circular dated January 30, 2026. This facility is open until February 04, 2027, for physical shares purchased or sold prior to April 01, 2019, including previously rejected or returned requests. Transferred shares will be credited strictly in demat form and subject to a mandatory 1-year lock-in period. This is an administrative procedural update with no direct impact on the company's financial performance or operational earnings.
- Special window open up to February 04, 2027, under SEBI circular dated January 30, 2026
- Applies to physical securities transacted prior to April 01, 2019, where original share certificates are available
- Mandatory 1-year lock-in period from the date of registration of transfer in demat mode
- Notice published in 'The Free Press Journal' and 'Navshakti' newspapers
Jai Corp reported a standalone revenue of ₹154.64 Cr for Q1 FY27, marking an 18.5% increase from ₹130.46 Cr in the same quarter last year. While Net Profit decreased to ₹28.52 Cr from ₹104.04 Cr YoY, this was primarily due to a sharp reduction in 'Other Income' from ₹100.34 Cr to ₹43.96 Cr. The core Plastic Processing segment demonstrated strong operational efficiency, with segment profits rising 65% to ₹27.01 Cr. Investors should note a brief 19-day flood-related shutdown at the Silvassa unit in July/August 2026 and the ongoing Enforcement Directorate freeze on a subsidiary's assets.
- Revenue from operations increased 18.5% YoY to ₹154.64 Cr for the quarter ended June 30, 2026.
- Plastic Processing segment profit grew by 65% to ₹27.01 Cr compared to ₹16.37 Cr in Q1 FY26.
- Other Income fell by ₹56.38 Cr YoY, significantly impacting the bottom line despite better operational performance.
- Vasona unit operations were suspended for 19 days (July 23 to August 11, 2026) due to flood damage.
- Investments in subsidiary Urban Infrastructure Venture Capital Limited remain frozen by the ED since December 19, 2025.
Jai Corp Limited has announced the full resumption of operations at its Vasona plastic processing unit as of 07:00 am on August 11, 2026. The unit had faced a total stoppage starting July 23, 2026, followed by a partial restart on July 30, 2026. While the company has not yet quantified the financial impact or property damage, the plastic processing segment is critical, accounting for 98.4% of the company's TTM revenue of Rs 512 Cr. The total disruption lasted 19 days, including 7 days of complete shutdown and 12 days of partial operations.
- Full operations at the Vasona unit resumed at 07:00 am on August 11, 2026.
- The unit experienced a 19-day disruption period starting from July 23, 2026.
- Plastic processing segment contributes 98.4% to the total revenue (approx. Rs 504 Cr of TTM revenue).
- Insurance claims and actual damage amounts are currently being ascertained and are not yet quantified.
Jai Corp has partially resumed operations at its Vasona plastic processing unit as of July 30, 2026, following a week-long shutdown caused by flooding. The unit had originally ceased operations on July 23, 2026. While the company has not yet quantified the financial impact or property damage, the plastic processing segment is critical, accounting for 98.4% of the company's Rs 512 Cr TTM revenue. The company is currently in the process of ascertaining insurance claims and the total extent of production loss.
- Operations at the Vasona plastic processing unit were suspended for 7 days starting July 23, 2026.
- Partial restart of the unit commenced at 07:00 AM on July 30, 2026.
- Plastic processing segment contributes 98.4% of the company's total revenue (approx. Rs 504 Cr of Rs 512 Cr TTM).
- Extent of property damage and production loss is currently 'not yet ascertained'.
- Insurance claim process is underway to recover losses from the natural calamity.
Jai Corp Limited has issued a mandatory notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF). This process affects shares where dividends have remained unpaid or unclaimed for seven consecutive years, specifically starting from FY 2017-18. Shareholders must claim their outstanding dividends by September 30, 2026, to prevent the transfer of their shares to the IEPF authority. This is a standard regulatory procedure under the Companies Act, 2013, and does not impact the company's operational financials.
- Shares with unclaimed dividends for 7 consecutive years since FY 2017-18 are liable for transfer.
- The deadline for shareholders to claim unpaid dividends to avoid transfer is September 30, 2026.
- The company is individually communicating with affected shareholders for the FY 2026-27 cycle.
- Duplicate share certificates will be issued for physical holdings to facilitate the transfer if unclaimed.
- Jai Corp's core Plastic Processing segment continues to contribute 98.4% of its Rs 512 Cr TTM revenue.
Jai Corp Limited has announced a change in its Registrar and Share Transfer Agent (RTA) from KFin Technologies Limited to Bigshare Services Private Limited. The decision, approved by the Board on July 24, 2026, stems from a disagreement over commercial terms proposed by KFin Tech. KFin Tech will continue to serve as the RTA until the data transition and electronic connectivity formalities are completed. This is a standard administrative update with no impact on the company's core plastic processing or real estate operations.
- Board meeting held on July 24, 2026, concluded within 14 minutes (19:07 to 19:21 hrs)
- Transitioning RTA services from KFin Technologies Limited to Bigshare Services Private Limited
- Decision driven by management's disagreement with commercial terms proposed by the existing RTA
- Company maintains a zero-debt status with a net worth of Rs 1375 Cr as per latest context
Jai Corp Limited reported a disruption at its Vasona (Silvassa) plastic processing unit on July 23, 2026, due to flooding caused by heavy rains. The plastic processing segment is the company's core business, contributing 98.4% of its TTM revenue of ₹512 Cr. While the company is adequately insured, the exact quantum of production loss and property damage is currently being assessed. Management expects operations to normalize within a few days, depending on weather conditions.
- Operations at the Vasona unit were suspended on the morning of July 23, 2026, due to flooding.
- Plastic processing segment accounts for 98.4% of the company's total revenue stream.
- Company reported TTM revenue of ₹512 Cr and TTM PAT of ₹168 Cr as per latest financials.
- Management expects normalization of operations within a few days, subject to weather improvement.
- The company confirmed it is adequately insured for property damage and production loss.
Financial Performance
Revenue Growth by Segment
Consolidated revenue from operations grew 8.32% YoY to INR 277.61 Cr in H1 FY26. The Plastic Processing segment grew 7.75% to INR 273.15 Cr, while the Real Estate segment grew 75.6% to INR 4.46 Cr. This matters because it shows steady demand for the core plastic business which contributes 98.4% of total revenue.
Geographic Revenue Split
Not explicitly disclosed in available documents, though the company's registered office is in Nanded, Maharashtra, and corporate office is in Mumbai, suggesting a high concentration of operations in Western India.
Profitability Margins
Consolidated PBT margin for H1 FY26 was 35.6% of total income (INR 142.91 Cr PBT on INR 401.08 Cr total income). This matters because it is significantly boosted by non-operating 'Other Income' rather than core manufacturing efficiency.
EBITDA Margin
The Plastic Processing segment result margin improved from 12.66% to 13.56% YoY in H1 FY26. This matters because it indicates improved operational efficiency in the company's primary business line despite rising material costs.
Capital Expenditure
Standalone Property, Plant and Equipment (PPE) increased from INR 89.10 Cr to INR 90.87 Cr between March and September 2025, with Capital Work-in-Progress rising from INR 0.25 Cr to INR 1.09 Cr, indicating modest ongoing maintenance and expansion.
Credit Rating & Borrowing
Finance costs remained extremely low at INR 0.10 Cr for H1 FY26, suggesting a virtually debt-free status or very low borrowing costs, which matters because it makes the company immune to interest rate hikes.
Operational Drivers
Raw Materials
Plastic resins and polymers (implied by the Plastic Processing segment) account for INR 183.56 Cr, representing 66.1% of revenue from operations. This matters because profitability is highly sensitive to global petrochemical price fluctuations.
Capacity Expansion
Not explicitly disclosed in units, but Capital Work-in-Progress increased by 336% to INR 1.09 Cr in H1 FY26, suggesting small-scale capacity enhancements.
Raw Material Costs
Cost of materials consumed rose 7.7% YoY to INR 183.56 Cr in H1 FY26, closely tracking the 7.75% revenue growth in the plastic segment, which matters because it indicates stable procurement strategies.
Manufacturing Efficiency
Segment results for Plastic Processing improved by 15.3% YoY to INR 37.03 Cr, outpacing revenue growth of 7.75%, which matters because it demonstrates rising manufacturing efficiency.
Strategic Growth
Expected Growth Rate
8.32%
Growth Strategy
The company is focusing on its core Plastic Processing and Real Estate segments while exiting non-performing areas like Steel and Spinning (which reported zero revenue in H1 FY26). It is also rationalizing costs by liquidating inactive subsidiaries to simplify the legal structure.
Products & Services
Plastic processed products (such as woven sacks and industrial bags) and Real Estate development projects.
New Products/Services
Not explicitly detailed, though the company is maintaining a focus on the Plastic Processing segment which contributes 98.4% of revenue.
External Factors
Industry Trends
The plastic processing industry is seeing steady demand for industrial packaging, while the company's real estate segment is showing signs of recovery with a 75.6% revenue increase in H1 FY26.
Competitive Landscape
The company operates in a highly fragmented plastic processing market and a competitive regional real estate market in Maharashtra.
Competitive Moat
The company's moat lies in its cost leadership and operational efficiency in plastic processing, evidenced by its ability to grow segment profits (15.3%) faster than segment revenue (7.75%).
Macro Economic Sensitivity
The company is sensitive to industrial demand for packaging (Plastic segment) and urban development cycles in Maharashtra (Real Estate segment).
Geopolitical Risks
Fluctuations in global oil prices due to Middle East tensions could adversely impact raw material costs for the plastic division.
Regulatory & Governance
Industry Regulations
The company must comply with Maharashtra Industrial Development Corporation (MIDC) norms as its registered office is in MIDC Nanded.
Taxation Policy Impact
The company has a deferred tax liability of INR 14.35 Cr as of September 30, 2025.
Legal Contingencies
The company was fined INR 2,06,500 (including GST) by both BSE and NSE for non-compliance with Regulation 17(1) regarding board composition (failure to appoint a woman director) and Regulation 19 regarding the Nomination and Remuneration Committee. The fine was paid on November 28, 2025.
Risk Analysis
Key Uncertainties
Regulatory compliance risk is high, as evidenced by recent SEBI/Listing regulation fines. Segment concentration is also a risk, with 98.4% of revenue dependent on the Plastic Processing division.
Geographic Concentration Risk
High concentration in Maharashtra, with the registered office in Nanded and corporate office in Mumbai.
Third Party Dependencies
High dependency on polymer suppliers; any supply chain disruption would impact 98% of operations.
Credit & Counterparty Risk
Trade payables stood at INR 2.75 Cr (Standalone) as of September 30, 2025, while other financial liabilities were INR 10.11 Cr.