Jeyyam Global Foods Limited (JEYYAM)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Jeyyam Global's revenue was ₹271 Cr (-30.0% year on year, -28.8% on the previous half-year), and net profit ₹3.0 Cr (-76.9% year on year); the operating margin was 3.7%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹271 | -30.0% | -28.8% |
| Operating profit | ₹10.0 | -50.0% | -49.9% |
| Net profit | ₹3.0 | -76.9% | -72.5% |
| EPS (₹) | 0.59 | -77.7% | -74.3% |
| Operating margin | 3.7% | — | — |
JEYYAM delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 83.33% of the JEYYAM shares traded on NSE were taken to delivery, against the stock's own 20-session average of 84.77%. That is close to its usual level. Turnover was only ₹9 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 82.8% · 100.0% · 70.0% · 91.8% · 83.3%
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
Jeyyam Global Foods' Investment Committee approved acquiring a 49% partnership interest in two entities: M/S. Chana Direct Foods LLP and M/S. Dhana Dhara Foods LLP. The initial contribution is ₹49,000 for each LLP, with total investment capped at ₹10,00,000 per entity across tranches (aggregate ceiling of ₹20,00,000). Both LLPs are newly incorporated entities engaged in the manufacturing and trading of Channa, aimed at securing raw material procurement across other states. Notably, both transactions are classified as related party transactions conducted at arm's length.
- 49% partnership interest acquired in Chana Direct Foods LLP with an initial contribution of ₹49,000
- 49% partnership interest acquired in Dhana Dhara Foods LLP with an initial contribution of ₹49,000
- Total investment cap set at not exceeding ₹10,00,000 for each LLP in various tranches
- Turnover of both newly proposed LLPs is currently NIL
- Both investments are designated as Related Party Transactions conducted at arm's length
Jeyyam Global Foods has approved investing an initial ₹49,000 for a 49% partnership interest each in two newly incorporated entities: M/s. Krishidhara Chana Foods LLP and M/s. Dhanyasamriddhi Foods LLP. The total investment commitment across various tranches is capped at ₹10,00,000 per LLP. Both entities operate in the manufacturing and trading of Chana, intended to strengthen multi-state raw material procurement. Separately, MD Periyasamy Rathinavel was appointed as interim Compliance Officer following the resignation of Ms. M. Nithya.
- Initial capital contribution of ₹49,000 for a 49% partnership interest in Krishidhara Chana Foods LLP
- Initial capital contribution of ₹49,000 for a 49% partnership interest in Dhanyasamriddhi Foods LLP
- Total investment cap set at ₹10,00,000 per LLP across multiple tranches
- Both transactions fall under Related Party Transactions and are conducted at arm's length
- Managing Director Periyasamy Rathinavel appointed as interim Compliance Officer effective October 08, 2026
Jeyyam Global Foods Limited held its 18th Annual General Meeting on September 28, 2026, where shareholders approved all 11 proposed resolutions by requisite majority. Key approvals include the adoption of FY26 audited financial statements, the appointment of Mr. Periyasamy Rathinavel as Managing Director, and the appointment of Ms. Priyanka Jain as Non-Executive Women Independent Director. In addition, shareholders approved the cancellation of previous resolutions regarding property disposal under Section 180(1)(a) and authorized share capital increases.
- All 11 resolutions carried by requisite majority at the 18th AGM held on September 28, 2026
- Shareholders approved appointment of Mr. Periyasamy Rathinavel as Managing Director (Special Resolution)
- Adopted audited financial statements of the company for the financial year ended March 31, 2026
- Approved cancellation of earlier resolutions passed under Section 180(1)(a) for property disposal and authorized share capital increase
Jeyyam Global Foods Limited held its 18th Annual General Meeting (AGM) on September 28, 2026, via video conferencing. A total of 11 resolutions were placed for shareholder approval, comprising ordinary and special businesses including the adoption of FY2026 financial statements, multiple director appointments, and the reappointment of the Managing Director. Notably, the agenda also included cancellations of prior resolutions concerning the sale/disposal of immovable property and authorized share capital increase. Scrutinizer voting results under Regulation 44 will be disclosed separately.
- 18th AGM concluded on September 28, 2026, after running from 4:00 P.M. to 4:45 P.M.
- A total of 11 resolutions presented to shareholders for approval via e-voting
- Item 10 and 11 proposed cancellations of previous resolutions regarding property disposal and authorized share capital increase
- Remote e-voting window was open from September 25, 2026 (9:00 A.M.) to September 27, 2026 (5:00 P.M.)
Jeyyam Global Foods Limited has announced the cessation of Ms. M. Nithya as Company Secretary and Compliance Officer (KMP), effective September 17, 2026. Her resignation letter, dated August 18, 2026, cited health issues as the reason for leaving. She served a mandatory 30-day notice period before her relief. This is a standard secretarial turnover and does not impact commercial or manufacturing operations.
- Resignation of Company Secretary and Compliance Officer Ms. M. Nithya effective September 17, 2026
- Resignation letter tendered and accepted on August 18, 2026
- Served a notice period of 30 days prior to formal cessation
- Reason cited for cessation: personal health issues
Jeyyam Global Foods Limited announced that Ms. M. Nithya has resigned from her position as Company Secretary and Compliance Officer (Key Managerial Personnel) citing health issues. Her resignation was originally tendered and accepted on August 18, 2026. Following the completion of a mandatory 30-day notice period, her cessation takes effect on September 17, 2026. The company has not yet announced a replacement.
- Ms. M. Nithya ceased holding office as Company Secretary and Compliance Officer effective September 17, 2026
- Resignation letter was tendered and accepted on August 18, 2026, due to health issues
- Completed a 30-day contractual notice period prior to cessation
Promoter group member Siddharrth Mehta reported an off-market inter-se acquisition of 40,94,030 equity shares in Jeyyam Global Foods Limited by way of gift. The transaction is a private family arrangement among immediate relatives to streamline family assets. Aggregate promoter and promoter group shareholding remains unchanged post-transfer, qualifying for exemption under SEBI SAST Regulation 10(1)(a)(i).
- Inter-se transfer of 40,94,030 equity shares executed via off-market gift
- Aggregate holding of the Promoter and Promoter Group remains unchanged
- Exempted under Regulation 10(1)(a)(i) of SEBI SAST Regulations, 2011
- Transaction conducted between Mehta family members to streamline family assets
Jeyyam Global Foods Limited disclosed an off-market inter-se transfer of shares within its promoter group on September 03, 2026. Shrreyans Mehta gifted 40,94,030 equity shares, representing an 8.62% equity stake, to Siddharrth Mehta without consideration. The transaction falls under SEBI SAST Regulation 10(1)(a)(i) exemptions for immediate relatives. The total aggregate promoter and promoter group holding in the company remains unchanged.
- 40,94,030 equity shares (8.62% stake) transferred via gift off-market on September 03, 2026
- Transfer executed between immediate relatives: Shrreyans Mehta (transferor) to Siddharrth Mehta (transferee)
- Aggregate promoter and promoter group shareholding remains unchanged after the transaction
- Company's total equity capital remains Rs 23.75 crore divided into 4,74,96,756 shares of Rs 5 each
Jeyyam Global Foods has reported an off-market inter-se transfer of 40,94,030 equity shares (8.62% of the company's total share capital) by way of a gift within the promoter group. The transaction occurred between immediate relatives, transferor Shrreyans Mehta and transferee Siddharrth Mehta, with nil consideration. Following the transfer, Siddharrth Mehta's individual holding increased from 15.87% (75,36,466 shares) to 24.49% (1,16,30,496 shares). The aggregate holding of the Promoter and Promoter Group remains completely unchanged.
- Inter-se gift transfer of 40,94,030 shares (8.62% stake) executed on September 03, 2026
- Acquirer Siddharrth Mehta's holding rises from 15.87% (75,36,466 shares) to 24.49% (1,16,30,496 shares)
- Seller Shrreyans Mehta transfers entire holding of 40,94,030 shares (8.62%)
- Acquisition executed at nil consideration under SEBI SAST Regulation 10(1)(a)(i) exemption
- Overall promoter group aggregate shareholding remains unchanged
Jeyyam Global Foods Limited has submitted its Annual Report for FY 2025-26 and scheduled its 18th Annual General Meeting (AGM) for September 28, 2026, via video conferencing. The cut-off date for shareholder e-voting is fixed for September 21, 2026, with the e-voting window running from September 25 to September 27, 2026. Ordinary business includes the adoption of FY26 financial statements and the appointment of M/s Murali & Venkat, Chartered Accountants, as statutory auditors for a 5-year term until FY 2030-31. Financial disclosures show Capital Work-in-Progress (CWIP) of Rs 1,652.53 lakhs (Rs 16.53 cr) as of March 31, 2026.
- 18th AGM scheduled for September 28, 2026 at 4:00 PM IST via VC/OAVM.
- E-voting period opens on September 25, 2026 and closes on September 27, 2026, with a voting cut-off date of September 21, 2026.
- Proposed appointment of M/s Murali & Venkat as Statutory Auditors from FY 2025-26 to FY 2030-31.
- Capital Work-in-Progress (CWIP) stood at Rs 1,652.53 lakhs as of March 31, 2026 (Plant & Machinery: Rs 578.46 lakhs; Building: Rs 1,074.07 lakhs).
Jeyyam Global Foods Limited has announced the schedule for its upcoming 18th Annual General Meeting (AGM) following its Board meeting on August 28, 2026. The company has fixed September 21, 2026, as the record date to determine shareholder eligibility. Additionally, the Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026. The 18th AGM is scheduled to take place on September 28, 2026.
- Board finalized dates in its meeting held on August 28, 2026
- Record date set for September 21, 2026, for the 18th AGM
- Book closure period scheduled from September 22, 2026, to September 28, 2026
- Annual General Meeting to be conducted on September 28, 2026
Jeyyam Global Foods Limited has announced the outcome of its Board of Directors meeting held on August 28, 2026. The Board approved convening the 18th Annual General Meeting (AGM) of the company on Monday, September 28, 2026, at 4:00 PM IST via Video Conferencing / Other Audio Visual Means. Additionally, Mr. Tanuj Jain Susilkumar, Practicing Company Secretary, was appointed as the Scrutinizer for the voting process.
- 18th Annual General Meeting scheduled for September 28, 2026, at 4:00 PM
- AGM to be conducted via Video Conferencing / Other Audio Visual Means (VC/OAVM)
- Mr. Tanuj Jain Susilkumar appointed as Scrutinizer for the AGM voting process
- Board meeting commenced at 4:00 PM and concluded at 4:45 PM on August 28, 2026
Promoters of Jeyyam Global Foods Limited, including Siddharrth Mehta and Sujathaa Mehta, have submitted annual declarations under Regulation 31(4) of SEBI SAST Regulations, 2011. The filings confirm that the promoters along with Persons Acting in Concert (PAC) have not created any direct or indirect encumbrances on their shareholdings during the financial year ended March 31, 2026. Sujathaa Mehta noted that her entire shareholding was gifted on November 27, 2025, with zero encumbrances prior to that transfer.
- Promoter Siddharrth Mehta confirmed nil encumbrances on shares during the financial year ended 31.03.2026
- Promoter Sujathaa Mehta declared no encumbrance between 1 April 2025 and 27th Nov 2025
- Sujathaa Mehta confirmed entire shares were gifted on 27th Nov 2025
- Declarations submitted pursuant to Regulation 31(4) of SEBI (SAST) Regulations, 2011
On July 28, 2026, Siddharrth Mehta (Promoter) acquired 23,74,000 equity shares, representing 4.998% of Jeyyam Global Foods Limited, from Shripal Veeramchand Sanghvi (Promoter). The transaction was conducted off-market at a price of Rs 30 per share. Importantly, the total promoter and promoter group holding remains unchanged at 65.53% (3,11,26,151 shares). This is a procedural realignment within the promoter group and does not impact the company's public float or operations.
- Transfer of 23,74,000 equity shares representing 4.998% of the total paid-up capital
- Transaction executed at a fixed price of Rs 30 per share
- Siddharrth Mehta's individual stake increased from 10.869% to 15.867%
- Total promoter group holding remains constant at 65.53% post-transaction
- Transaction completed off-market on July 28, 2026
Jeyyam Global Foods has appointed M/s. Murali & Venkat as Statutory Auditors for FY 2025-2026, effective July 27, 2026. This appointment fills a casual vacancy created by the resignation of the previous auditor, M/s. A B C D & Co. LLP. The new firm brings over 35 years of experience and is led by 21 partners. The appointment is subject to shareholder approval at the upcoming General Meeting.
- Appointment of M/s. Murali & Venkat as Statutory Auditors effective July 27, 2026
- New auditor firm has a professional legacy of over 35 years with 21 partners
- Fills casual vacancy caused by the resignation of M/s. A B C D & Co. LLP
- Company reported Sep 2024 revenue of ₹375.43 cr and net profit of ₹9.54 cr
- Appointment is valid until the ensuing Annual General Meeting (AGM)
Financial Performance
Revenue Growth by Segment
Total revenue grew by 20.95% YoY, reaching INR 762.00 Cr in FY 2024-25 compared to INR 630.00 Cr in FY 2023-24. The growth is driven by pulses processing, specifically besan, fried gram, and black chana, through both volume increases and better price realization.
Geographic Revenue Split
The company has a high geographic concentration with more than 80% of revenue derived from Tamil Nadu. Other key markets include Karnataka, Andhra Pradesh, and other Southern Indian regions.
Profitability Margins
Net Profit Margin improved to 2.90% in FY 2024-25 from 2.40% in FY 2023-24. Operating Profit Margin increased to 4.77% from 4.49% YoY. The improvement is attributed to effective cost optimization and higher sales volumes.
EBITDA Margin
EBITDA margin was 5.34% in FY 2023-24 (INR 33.62 Cr). For FY 2024-25, the Operating Profit Margin of 4.77% reflects core profitability, showing a marginal YoY improvement of 28 basis points.
Capital Expenditure
The company is undertaking capacity expansion scheduled for completion by Q1 FY 2026. While specific INR Cr for the new plant is not disclosed, the expansion is aimed at sustaining volume growth and realizing economies of scale.
Credit Rating & Borrowing
Assigned 'Crisil BBB/Stable' for INR 76 Cr bank facilities in January 2025. However, Infomerics downgraded facilities of INR 68.12 Cr to 'IVR BB; Negative; ISSUER NOT COOPERATING' in April 2025 due to non-submission of information.
Operational Drivers
Raw Materials
Bengal Gram (Chana) is the primary raw material, accounting for approximately 90% of the Cost of Goods Sold (COGS) for FY 2025-26.
Import Sources
Sourced from major Chana supply markets across India through an established procurement network with direct relationships with suppliers.
Key Suppliers
Not specifically named in the documents, but the company maintains direct relationships with suppliers in major Chana producing hubs.
Capacity Expansion
Current capacity is 1,71,158 MT per annum (Tamil Nadu: 1,04,328 MT; Andhra Pradesh: 66,830 MT). Expansion is planned for completion by Q1 FY 2026 to increase throughput.
Raw Material Costs
Raw material costs represent ~90% of revenue. The company is highly susceptible to price swings in agri-commodities, where a small percentage change in Chana prices can significantly impact the thin 2.9% net margins.
Manufacturing Efficiency
The company utilizes automated manufacturing units to maintain quality and efficiency. Capacity utilization metrics are not explicitly stated but expansion suggests high current utilization.
Logistics & Distribution
Distribution is focused on the Southern region with strategically located plants in Tamil Nadu and Andhra Pradesh to ensure a seamless supply chain and lower transit costs.
Strategic Growth
Expected Growth Rate
30%
Growth Strategy
Growth will be achieved through capacity expansion by Q1 FY 2026, branching into high-margin B2C markets, and expanding the 'Jeyyam' brand nationally. The company aims to leverage its 13% market share in the Indian Fried Gram market to capture institutional and retail demand.
Products & Services
Fried Gram, Besan (Gram Flour), and Black Chana. The company also operates 'Mandee', a B2B trading platform for sugar, dry fruits, and other value-added products.
Brand Portfolio
Jeyyam, Mandee (B2B platform).
New Products/Services
Expansion into B2C markets with branded consumer packs of Besan and Fried Gram is expected to contribute to higher realizations.
Market Expansion
Targeting pan-India expansion beyond the current 80% concentration in Tamil Nadu, utilizing the new Andhra Pradesh plant as a gateway to broader Southern and Central markets.
Market Share & Ranking
Holds a 13% market share of the Indian Fried Gram market.
Strategic Alliances
The company underwent an amalgamation with Jeyyam Food Park LLP and Jeyyam Products Private Limited to consolidate its processing and trading operations.
External Factors
Industry Trends
The Indian pulses-processing sector is maturing with a shift toward branded, hygienic products (Besan/Chana) due to health-conscious consumer trends. The industry is growing but remains fragmented with low capital requirements for entry.
Competitive Landscape
Intensely competitive with low entry barriers. Competitors include local unorganized mills and large FMCG players entering the staples segment.
Competitive Moat
Moat is built on a 40-year brand legacy, 13% market share in fried gram, and automated large-scale manufacturing. Sustainability depends on successfully transitioning from a regional B2B player to a national B2C brand.
Macro Economic Sensitivity
Highly sensitive to food inflation and rural demand dynamics, as these affect both procurement costs and consumer purchasing power for staples.
Consumer Behavior
Rising demand for protein-rich vegetarian foods and branded staples is driving a shift from loose to packaged Besan and Chana.
Geopolitical Risks
Minimal direct impact as a domestic food processor, though global fertilizer prices could indirectly affect Chana crop yields and domestic pricing.
Regulatory & Governance
Industry Regulations
Operations are governed by FSSAI (Food Safety and Standards Authority of India) and agricultural produce marketing regulations. Compliance with ISO standards is mandatory for their institutional clients.
Environmental Compliance
Compliant with FSSAI regulations and ISO 22000:2018 food safety standards.
Taxation Policy Impact
Effective tax rate not specified, but the company follows standard Indian corporate tax norms under the Companies Act 2013.
Legal Contingencies
The company has disclosed pending litigations in Note 32 of its financial statements; however, the specific INR value of these contingencies is not detailed in the summary.
Risk Analysis
Key Uncertainties
Execution risk regarding the timely completion of the Q1 FY 2026 capacity expansion and the ability to maintain margins despite 90% of costs being tied to volatile agri-commodities.
Geographic Concentration Risk
80% of revenue is concentrated in Tamil Nadu, making the company vulnerable to regional crop failures or local regulatory changes.
Third Party Dependencies
High dependency on the Chana farming community and local aggregators for raw material supply.
Technology Obsolescence Risk
Low risk in processing, but the company is proactively using automation and the 'Mandee' digital platform to stay ahead of traditional mills.
Credit & Counterparty Risk
Trade Receivable Turnover Ratio decreased to 11.41 in FY 2024-25 from 19.50, indicating a slowing collection cycle that requires monitoring.