Jaro Institute of Technology Management and Research Limited (JARO)
₹408.50 +0.98% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Jaro Institute's revenue was ₹70.8 Cr, and net profit ₹11.2 Cr; the operating margin was 21.4%.
| Q1 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹70.8 | — | — |
| Operating profit | ₹15.2 | — | — |
| Net profit | ₹11.2 | — | — |
| EPS (₹) | 5.11 | — | — |
| Operating margin | 21.4% | — | — |
JARO delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 50.99% of the JARO shares traded on NSE were taken to delivery, against the stock's own 20-session average of 21.19%. That is higher than usual for this stock. Turnover was only ₹61 lakh, so a handful of trades can move this figure. Volume was 0.1 times its average, well below normal.
Delivery in the last 5 sessions: 31.6% · 24.4% · 9.6% · 10.4% · 51.0%
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
Jaro Institute of Technology Management and Research Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate issued by Bigshare Services Private Limited confirms that security certificates received for dematerialisation were processed, mutilated, and cancelled within the prescribed 15-day period. This is a standard quarterly administrative filing with no operational or financial impact on the company.
- Regulation 74(5) certificate submitted for the quarter ended September 30, 2026
- RTA Bigshare Services confirmed dematerialisation requests processed within 15 days of receipt
- BSE Scrip Code referenced is 544534 with NSE Symbol JARO
- Certificate signed and issued by Bigshare Services on October 10, 2026
Maharashtra GST Authorities carried out an inspection/search under Section 67 across Jaro Institute's registered and Goregaon branch offices from September 23 to September 28, 2026. The company stated there were no material adverse findings or suppression of information. However, Jaro paid a GST liability (including interest) of ₹3.84 crores. This one-off payment represents approximately 34.4% of the company's Q1 FY27 net profit (₹11.17 crore reported for Jun 2026).
- Inspection/search under Section 67 conducted between September 23, 2026 and September 28, 2026
- GST liability (including interest) of ₹3.84 crores was paid by the company
- The ₹3.84 crore payout constitutes ~34.4% of Jun 2026 net profit of ₹11.17 crore
- Company reported normal business operations throughout the search proceedings
Jaro Institute reported a strong start to FY27 with revenue from operations growing 16.6% YoY to ₹70.75 cr. Profit After Tax (PAT) surged 48% YoY to ₹11.17 cr, driven by operating leverage as PAT margins expanded from 12% to 15%. The company achieved 8,169 admissions during the quarter, with a slight 4% increase in Average Revenue Per User (ARPU) to ₹86,609. Gross bookings, a lead indicator for future revenue, grew 17% YoY to ₹190.30 cr.
- PAT increased by 48% YoY to ₹11.17 cr in Q1 FY27 from ₹7.53 cr in Q1 FY26
- Revenue from operations grew 16.6% YoY to ₹70.75 cr, with 85% coming from degree programs
- Total admissions reached 8,169, representing a 12% YoY growth
- Launched 6 new executive programs with premier institutions including IIT Bombay, Delhi, Roorkee, and Madras
- Gross bookings rose 17% YoY to ₹190.30 cr, indicating a strong pipeline for the remainder of the year
Jaro Institute reported a strong year-on-year performance for Q1 FY27, with revenue from operations growing 16.6% to ₹70.75 cr compared to ₹60.67 cr in Q1 FY26. Net profit surged 48.3% YoY to ₹11.17 cr, although it saw a significant sequential decline from the ₹21.33 cr reported in Q4 FY26. Total expenses increased to ₹57.84 cr, primarily driven by employee benefits and other operational costs. The company is actively utilizing its IPO proceeds, having spent ₹30.04 cr on marketing and brand building out of a planned ₹81.00 cr.
- Revenue from operations increased 16.6% YoY to ₹70.75 cr from ₹60.67 cr.
- Net profit grew 48.3% YoY to ₹11.17 cr, up from ₹7.53 cr in the year-ago quarter.
- Basic EPS improved to ₹5.11 from ₹3.70 in the corresponding quarter of the previous year.
- Utilized ₹30.04 cr of IPO proceeds for marketing and brand building activities as of June 30, 2026.
- Employee benefit expenses rose to ₹20.13 cr, representing approximately 28% of total revenue.
Shareholders of Jaro Institute of Technology Management and Research Limited approved all resolutions at the 17th AGM held on July 28, 2026. Key approvals include a final dividend of ₹3 per equity share for FY 2025-26 and the adoption of audited financial statements. Additionally, shareholders sanctioned an increase in managerial remuneration for CEO Ms. Ranjita Raman for FY 2026-27. The voting results showed 100% promoter participation and approximately 16.26% participation from public non-institutional shareholders.
- Final dividend of ₹3 per equity share (30% of ₹10 face value) approved for FY 2025-26
- Total of 1,50,78,304 votes polled, representing 67.70% of the total 2,22,70,387 shares
- Managerial remuneration hike for CEO Ms. Ranjita Raman approved with 99.99% majority
- Promoter group holding 1,36,81,460 shares voted 100% in favor of all resolutions
- Public non-institutional voting participation stood at 16.26% of their 85,88,927 shareholding
Jaro Institute of Technology Management and Research Limited concluded its 17th Annual General Meeting on July 28, 2026. Shareholders considered a final dividend of Rs 3 per equity share (30% of face value) for FY 2025-26. Key business highlights included growth in learner enrollments and B2B corporate learning. Notably, the company proposed a special resolution to increase the managerial remuneration for CEO Ms. Ranjita Raman for the upcoming FY 2026-27.
- Final dividend of Rs 3 per equity share of face value Rs 10 declared for FY 2025-26
- Proposed increase in managerial remuneration for CEO Ms. Ranjita Raman for FY 2026-27
- Statutory and Secretarial Auditors reported zero qualifications or adverse remarks for the period
- Total of 51 shareholders attended the meeting via video conferencing
- Management highlighted growth in academic partnerships and B2B corporate learning during FY 2025-26
Jaro Institute of Technology Management and Research Limited has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026. The certificate, issued by Bigshare Services Private Limited, confirms that share certificates received for dematerialization were processed, mutilated, and cancelled within the required 15-day period. This is a standard administrative filing required for all listed entities to ensure the integrity of the shareholding records. There is no impact on the company's financial performance or business operations.
- Compliance certificate issued for the quarter ended June 30, 2026
- Confirmation that dematerialization requests were processed within 15 days of receipt
- Registrar and Share Transfer Agent (RTA) confirmed as Bigshare Services Private Limited
- Verification and substitution of depository names in the register of members completed as per SEBI norms
Jaro Institute of Technology Management and Research Limited has scheduled its 17th Annual General Meeting (AGM) for July 28, 2026, at 02:30 P.M. IST via video conferencing. The company has released its Annual Report for the financial year 2025-26 and dispatched notices to shareholders. A specific communication was sent to members whose email addresses are not registered, providing web links to access the report as per SEBI regulations. This is a standard procedural filing following the conclusion of the fiscal year.
- 17th Annual General Meeting scheduled for July 28, 2026, at 02:30 P.M. IST
- Cut-off date for identifying shareholders without registered emails was July 03, 2026
- Annual Report for the Financial Year 2025-26 is now available on the company website
- Compliance filing under Regulation 36(1)(b) of SEBI LODR regarding shareholder communication
Jaro Institute has scheduled its 17th Annual General Meeting (AGM) for July 28, 2026, and fixed July 21, 2026, as the record date for a final dividend of ₹3 per share (30% of face value). The company reported a PAT of ₹7.03 cr in the Dec 2025 quarter, and the proposed dividend follows this performance. Key agenda items include the re-appointment of two independent directors and a proposal to increase the CEO's remuneration limit from 5% to 8% of net profits. The promoter, Sanjay Namdeo Salunkhe, holds a 55.29% direct stake and is seeking re-appointment as a director.
- Final dividend of ₹3 per equity share of ₹10 face value recommended for FY 2025-26
- Record date for dividend eligibility fixed as July 21, 2026, with the AGM on July 28, 2026
- Proposal to increase CEO Ranjita Raman's remuneration limit from 5% to 8% of net profits for FY 2026-27
- Promoter Sanjay Namdeo Salunkhe holds 1,23,14,166 shares, representing a 55.29% direct stake
- Company reported revenue of ₹60.01 cr and PAT of ₹7.03 cr for the quarter ended Dec 2025
Jaro Institute has scheduled its 17th Annual General Meeting (AGM) for July 28, 2026, and proposed a final dividend of ₹3 per equity share (30% of face value) for FY 2025-26. The record date for dividend eligibility is set for July 21, 2026. A key agenda item includes a proposal to increase the CEO's remuneration limit from 5% to 8% of net profits for FY 2026-27. The promoter group continues to hold a dominant 61.43% stake in the company.
- Proposed final dividend of ₹3 per equity share of ₹10 face value for FY 2025-26
- Record date for dividend and AGM participation fixed as July 21, 2026
- Proposal to increase CEO Ranjita Raman's remuneration cap from 5% to 8% of net profits
- Promoter Sanjay Namdeo Salunkhe holds a 55.29% direct stake (1,23,14,166 shares)
- Managing Director Sanjay Salunkhe's FY 2025-26 remuneration was ₹224.68 Lakhs
Jaro Institute has scheduled its 17th Annual General Meeting (AGM) for July 28, 2026, to be conducted via video conferencing. The company has fixed July 21, 2026, as the record date to determine shareholder eligibility for the final dividend for the financial year 2025-26. If approved by shareholders at the AGM, the dividend will be paid on or before August 26, 2026. The specific dividend amount per share was not disclosed in this announcement and is expected to be detailed in the upcoming Annual Report.
- 17th Annual General Meeting (AGM) to be held on July 28, 2026
- Record date for final dividend entitlement fixed as July 21, 2026
- Final dividend payment to be completed by August 26, 2026
- Board meeting concluded within 35 minutes (03:30 PM to 04:05 PM)
Jaro Institute of Technology Management and Research Limited has announced the closure of its trading window for designated persons starting July 1, 2026. This is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the announcement of financial results for the quarter ending June 30, 2026. The window will remain closed until 48 hours after the unaudited financial results are declared. This is a procedural filing and does not reflect any change in the company's business operations or financial health.
- Trading window closure effective from July 1, 2026
- Closure pertains to the financial results for the quarter ending June 30, 2026
- Window to reopen 48 hours after the declaration of unaudited financial results
- Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015
Balkrishna Namdeo Salunkhe, a member of the promoter group of Jaro Institute of Technology Management and Research Limited, has acquired 4,55,098 equity shares (2.04% stake) from Rajendra Namdeo Salunkhe. This transaction was executed as an inter-se transfer by way of a gift, involving no financial consideration. Consequently, the acquirer's individual stake has increased from 2.05% to 4.10%. As the transfer occurred within the promoter group, the total promoter holding in the company remains unchanged.
- Acquisition of 4,55,098 equity shares representing 2.04% of the total share capital.
- Transaction conducted as an inter-se gift amongst immediate relatives within the promoter group.
- Balkrishna Namdeo Salunkhe's total shareholding increased to 9,12,196 shares (4.10%).
- Exempt from open offer requirements under Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011.
- Overall promoter and promoter group holding remains constant post-transaction.
Sanjay Namdeo Salunkhe, the promoter of Jaro Institute of Technology Management and Research Limited, has filed a disclosure under Regulation 31(4) of SEBI (SAST) Regulations. The declaration confirms that the promoter and promoter group did not create or invoke any encumbrance, directly or indirectly, on their equity shares during the financial year ended March 31, 2026. This filing covers a comprehensive list of 29 promoter group entities and individuals, ensuring transparency regarding the status of promoter holdings.
- Promoter group confirms no equity shares were pledged or encumbered during FY 2025-26.
- The disclosure is submitted in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations.
- The declaration encompasses 29 distinct entities and individuals within the promoter and promoter group.
- Key entities listed include Aquamist Realty LLP, Fidelis Management Consultants, and Jaro Fincap Private Limited.
Balkrishna Namdeo Salunkhe, a member of the promoter group, has filed an intimation to acquire 4,55,098 shares (2.04%) of Jaro Institute from Rajendra Namdeo Salunkhe. The transaction is an inter-se transfer by way of a gift, meaning no monetary consideration is involved. The proposed transfer is scheduled to take place on or after May 29, 2026. As this is an internal transfer within the promoter group, the aggregate promoter shareholding remains unchanged.
- Proposed acquisition of 4,55,098 equity shares representing 2.04% of the total share capital.
- Transaction is an inter-se transfer by way of gift between immediate relatives within the promoter group.
- Acquirer Balkrishna Namdeo Salunkhe's stake will increase from 2.05% to 4.10% post-transaction.
- Transferor Rajendra Namdeo Salunkhe will reduce his stake from 2.04% to Nil.
- The aggregate holding of the Promoter and Promoter Group remains the same after the transaction.
Financial Performance
Profitability Margins
Not disclosed in available documents. However, the company declared an interim dividend of 20% (Rs. 2.00 per share on a face value of Rs. 10) for FY 2025-26. This distribution impacts the business by reducing cash reserves but signals strong operational profitability and a commitment to returning value to shareholders, which is crucial for maintaining investor confidence.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Products & Services
Technology Management and Research education services. These services impact the business by defining its market niche in professional upskilling; they matter because the company's revenue is entirely dependent on the enrollment and completion rates of these specific educational programs.
Brand Portfolio
Jaro Institute of Technology Management and Research Limited. This brand impacts the business by establishing credibility in the competitive EdTech landscape; it matters because in the education sector, brand reputation is the primary driver for student acquisition and pricing power.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.
