Jindal Poly Investment and Finance Company Limited (JPOLYINVST)
₹953.45 -2.48% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Jindal Poly's revenue was ₹8.8 Cr (+10.4% year on year, -81.2% on the previous quarter), and net profit ₹13.9 Cr (-78.0% year on year); the operating margin was 98.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹8.8 | +10.4% | -81.2% |
| Operating profit | ₹8.7 | +9.1% | -79.2% |
| Net profit | ₹13.9 | -78.0% | -60.3% |
| EPS (₹) | 13.22 | -77.9% | -60.5% |
| Operating margin | 98.9% | — | — |
JPOLYINVST delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 45.65% of the JPOLYINVST shares traded on NSE were taken to delivery, against the stock's own 20-session average of 54.37%. That is close to its usual level. Turnover was only ₹29 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 65.3% · 76.9% · 35.2% · 41.4% · 45.6%
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
Jindal Poly Investment and Finance Company Limited submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate from RTA KFin Technologies confirms that demat requests received during the period from July 1, 2026, to September 30, 2026, were processed within 15 days. This is a periodic administrative filing with no financial or operational impact.
- Compliance certificate submitted for the quarter ended September 30, 2026
- Confirmation provided by Registrar and Transfer Agent KFin Technologies Limited
- Demat requests were confirmed or rejected within the mandated 15 days of receipt
Jindal Poly Investment and Finance Company Limited has issued the notice for its 14th Annual General Meeting (AGM) scheduled for September 21, 2026, via Video Conferencing. Key agenda items include the adoption of FY26 financial statements and the re-appointment of Mr. Ghanshyam Dass Singal as Managing Director for a 5-year term from August 11, 2026, to August 10, 2031, at nil remuneration (sitting fees only). Additionally, shareholders will vote on the appointment of Ms. Geeta Gilotra as a Non-Executive Director and the rotation-based re-appointment of Mr. Prakash Matai.
- 14th AGM scheduled for September 21, 2026, at 4:00 PM IST via VC/OAVM
- Proposed re-appointment of Managing Director Mr. Ghanshyam Dass Singal for a 5-year term through August 10, 2031
- MD and Non-Executive Directors to draw NIL remuneration, receiving only standard meeting sitting fees
- Cut-off date for electronic circulation of FY26 Annual Report fixed as August 14, 2026
Jindal Poly Investment and Finance Company Limited (JPOLYINVST) has scheduled its 14th Annual General Meeting (AGM) for September 21, 2026, at 4:00 PM. The meeting will be held virtually to review the company's performance for the financial year ended March 31, 2026. This follows a strong financial year where the company reported a TTM PAT of ₹858 Cr, largely driven by a significant performance in the December 2025 quarter (₹702 Cr profit). The Annual Report will be distributed electronically to registered members.
- 14th Annual General Meeting scheduled for September 21, 2026
- Meeting to be conducted via Video Conferencing (VC) at 04:00 PM
- Annual Report for the financial year ended March 31, 2026, to be sent electronically
- Company reported a TTM PAT of ₹858 Cr against a market cap of ₹1118 Cr
Jindal Poly Investment and Finance Company reported a consolidated net profit of ₹13.89 Cr for Q1 FY27, a sharp decline from ₹62.76 Cr in the same quarter last year. The drop is primarily attributed to a significantly lower share of profit from associates, which fell to ₹6.74 Cr from ₹56.03 Cr YoY. Standalone revenue remained relatively flat at ₹8.83 Cr. The company has fixed September 14, 2026, as the record date for its upcoming Annual General Meeting.
- Consolidated Net Profit for Q1 FY27 fell to ₹13.89 Cr from ₹62.76 Cr in Q1 FY26.
- Share of profit from associates decreased by ₹49.29 Cr compared to the previous year's quarter.
- Standalone Revenue from Operations stood at ₹8.83 Cr, compared to ₹8.35 Cr in the year-ago period.
- Record date for the 14th AGM is fixed as September 14, 2026, with the meeting scheduled for September 21, 2026.
- The company holds a significant fair value gain of ₹991.60 Cr recognized in FY26 following the demerger of its associate's power business.
Jindal Poly Investment and Finance Company (JPOLYINVST) reported a consolidated net profit of ₹13.89 Cr for Q1 FY27, a sharp 77.8% decline from ₹62.76 Cr in Q1 FY26. The drop is primarily driven by a significant reduction in the share of profit from associate companies, which fell to ₹6.74 Cr from ₹56.03 Cr YoY. Revenue from operations remained relatively flat at ₹8.83 Cr compared to ₹8.35 Cr in the previous year's quarter. As a Core Investment Company, the firm's earnings remain highly volatile and dependent on the fair value of its power sector holdings.
- Consolidated Net Profit fell to ₹13.89 Cr in Q1 FY27 from ₹62.76 Cr in Q1 FY26.
- Share of profit from associates dropped by 88% to ₹6.74 Cr compared to ₹56.03 Cr YoY.
- Revenue from operations stood at ₹8.83 Cr, showing a marginal increase from ₹8.35 Cr YoY.
- Consolidated Basic EPS declined significantly to ₹13.22 from ₹59.70 in the year-ago period.
- The 14th Annual General Meeting is scheduled for September 21, 2026, with a cut-off date of September 14, 2026.
The Board of Jindal Poly Investment and Finance Company Limited has approved the re-appointment of Mr. Ghanshyam Dass Singal as Managing Director for a five-year term effective August 10, 2026. Mr. Singal is a Chartered Accountant with over 25 years of experience in Finance and MIS. This move ensures leadership continuity for the company, which operates as a Core Investment Company (CIC) with a TTM PAT of Rs 858 Cr. The appointment is subject to shareholder approval at the upcoming Annual General Meeting.
- Re-appointment of Mr. Ghanshyam Dass Singal as Managing Director for a 5-year term starting August 10, 2026
- Mr. Singal brings over 25 years of professional experience in Finance and MIS to the role
- The Board meeting concluded within 35 minutes, from 02:30 P.M. to 03:05 P.M.
- The appointee is not related to any other Director of the company, maintaining independent management oversight
The Board of Jindal Poly Investment and Finance has approved the re-appointment of Mr. Ghanshyam Dass Singal as Managing Director for a five-year term starting August 10, 2026. Mr. Singal, a Chartered Accountant with over 25 years of experience in Finance and MIS, will continue to lead the company's operations as a Core Investment Company (CIC). The appointment is subject to shareholder approval at the upcoming Annual General Meeting. This move ensures leadership continuity for a company that reported a TTM PAT of ₹858 Cr, largely driven by its investment holdings.
- Re-appointment for a fixed term of 5 years effective from August 10, 2026
- Appointee Mr. Ghanshyam Dass Singal has over 25 years of experience in Finance and MIS
- The Board meeting for approval concluded within 35 minutes on August 06, 2026
- The appointee is a qualified Chartered Accountant aged 53 years
- The company maintains a high promoter holding of 74.63% as of March 2026
Jindal Poly Investment and Finance Company Limited has appointed Ms. Geeta Gilotra as an Additional Non-Executive, Non-Independent Director effective July 31, 2026. Ms. Gilotra brings over 34 years of experience in import-export operations and logistics management to the board. The appointment was approved via a board resolution passed by circulation on the same day. As a Core Investment Company with a net worth of ₹1597 Cr, the board oversees significant group-level investments, particularly in the power sector.
- Ms. Geeta Gilotra brings over 34 years of experience in international trade and logistics management.
- Appointment is effective from July 31, 2026, following the recommendation of the Nomination and Remuneration Committee.
- The appointee will hold office until the date of the next Annual General Meeting (AGM).
Jindal Poly Investment and Finance Company Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by KFin Technologies Limited, confirms that all dematerialization requests received between April 1, 2026, and June 30, 2026, were processed within the mandated 15-day timeline. This includes the verification, mutilation, and cancellation of physical share certificates. This is a standard administrative filing with no impact on the company's financial performance or operations.
- Reporting period covers the quarter from April 1, 2026, to June 30, 2026
- Demat requests were processed and confirmed within 15 days of receipt
- Physical security certificates were mutilated and cancelled after due verification by the RTA
- Compliance confirmed by Registrar and Transfer Agent (RTA) KFin Technologies Limited
Jindal Poly Investment and Finance Company Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. The closure is for the quarter ending June 30, 2026, and applies to all designated persons and their immediate relatives. The window will remain closed until 48 hours after the declaration of the unaudited financial results for the said quarter. This is a standard regulatory procedure and does not impact the company's business operations or financial health.
- Trading window closure begins on July 1, 2026
- Closure pertains to the unaudited financial results for the quarter ending June 30, 2026
- Window will reopen 48 hours after the official declaration of results
- Restriction applies to all Designated Persons and their immediate relatives as per SEBI norms
Jindal Poly Investment and Finance Company Limited reported an extraordinary surge in standalone net profit for FY26, reaching ₹88,543 lakh compared to ₹5,564 lakh in FY25. This massive growth was primarily driven by a significant net gain on fair value changes of investments totaling ₹1,02,517 lakh. Consequently, the annual Earnings Per Share (EPS) jumped to ₹842.31 from ₹52.93 in the previous year. Total assets also saw a substantial increase, doubling to ₹1,78,129 lakh as of March 31, 2026.
- Standalone Net Profit for FY26 surged nearly 16-fold to ₹88,543 lakh.
- Total Income for the year stood at ₹1,03,657 lakh, driven by ₹1,02,517 lakh in fair value gains on investments.
- Annual Earnings Per Share (EPS) increased dramatically to ₹842.31 from ₹52.93 YoY.
- Total Equity (Share Capital + Other Equity) grew to ₹1,59,635 lakh from ₹71,091 lakh in the previous year.
- The Board re-appointed M/s VASK & ASSOCIATES as Internal Auditors for the financial year 2026-27.
Jindal Poly Investment and Finance Company Limited has announced the resignation of Ms. Kirty Agarwal from her role as a Non-Executive Non-Independent Director. The cessation is officially effective from May 8, 2026, as per the company's filing with the BSE and NSE. This board change was conducted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement follows routine corporate governance procedures for director departures.
- Ms. Kirty Agarwal (DIN: 08646168) has resigned as Non-Executive Non-Independent Director.
- The resignation is effective from the close of business on May 8, 2026.
- The filing was made under Regulation 30 and Schedule III of SEBI (LODR) Regulations.
- The company has provided the required disclosures as per SEBI Circular dated July 13, 2023.
Jindal Poly Investment and Finance Company Limited received a Show Cause Notice (SCN) from SEBI on April 27, 2026. The notice raises concerns regarding specific transactions, disclosure lapses, and corporate governance standards under various sections of the SEBI Act, 1992. While no financial penalty or restriction has been imposed at this stage, the company is required to justify why enforcement actions should not be initiated. The financial implications remain unascertained until the regulatory process concludes.
- SEBI issued a Show Cause Notice on April 27, 2026, citing observations on governance and disclosures.
- The notice invokes Sections 11(1), 11B, 15HA, and 15HB of the SEBI Act, 1992, relating to directions and penalties.
- Investigation focuses on specific past transactions and compliance with regulatory frameworks.
- No immediate financial penalty or business restriction has been imposed as of the disclosure date.
- The company is in the process of filing a formal reply to the regulatory authority.
Jindal Poly Investment and Finance Company Limited has filed its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018. The report, provided by KFin Technologies Limited, confirms that all dematerialization requests received between January 1 and March 31, 2026, were handled within 15 days. The process included the verification, mutilation, and cancellation of physical share certificates. This filing confirms the company's adherence to standard regulatory procedures regarding share registry management.
- Compliance certificate submitted for the quarter and year ended March 31, 2026.
- Demat requests processed and confirmed within the statutory 15-day limit.
- Physical security certificates mutilated and cancelled after due verification by RTA.
- Register of members updated to reflect depositories as registered owners for approved requests.
Jindal Poly Investment and Finance Company Limited has announced the closure of its trading window starting April 1, 2026. This is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the declaration of financial results. The window will remain closed until 48 hours after the company announces its financial performance for the quarter and year ending March 31, 2026. This restriction applies to all designated persons and their immediate relatives to prevent insider trading.
- Trading window closure begins on Wednesday, April 1, 2026.
- Closure is in relation to the financial results for the quarter and year ending March 31, 2026.
- The window will reopen 48 hours after the official declaration of financial results to the stock exchanges.
- Restriction applies to all Designated Persons and their immediate relatives as per the Company's Code of Conduct.
Financial Performance
Revenue Growth by Segment
The company operates in a single segment, Investment Activity. Standalone revenue for FY 2024-25 was INR 31.69 Cr, a decrease of 12.29% YoY from INR 36.13 Cr. However, Q2 FY26 revenue surged 141.7% YoY to INR 19.12 Cr, primarily driven by a dividend income of INR 10.79 Cr.
Geographic Revenue Split
Not disclosed in available documents; however, investments are primarily concentrated in Indian group companies within the power sector.
Profitability Margins
Net Profit Margin for FY 2024-25 improved by 97.75% to 1.76% (from 0.89% in FY 2023-24). Standalone Profit After Tax for FY 2024-25 was INR 55.64 Cr, a 73.93% increase YoY, largely due to a deferred tax credit of INR 25.82 Cr.
EBITDA Margin
Operating Profit Margin remained stable at 0.99% for FY 2024-25. Standalone profit before tax for H1 FY26 was INR 26.55 Cr, up 75.36% from INR 15.14 Cr in H1 FY25.
Capital Expenditure
As a Core Investment Company, traditional CapEx is minimal. Net cash used in investing activities for H1 FY26 was INR 2.57 Cr, primarily for the purchase of investments designated at FVTPL.
Credit Rating & Borrowing
The company has not obtained any credit rating during the period under review. Debt-Equity ratio remained stable at 0.04 in FY 2024-25. Interest coverage ratio was 21.11, a decrease of 12.15% YoY.
Operational Drivers
Raw Materials
Not applicable for a Core Investment Company; the primary 'inputs' are investible capital and equity/debt instruments of group companies.
Import Sources
Not applicable; the company sources its investment opportunities from within the Jindal Group and domestic financial markets.
Key Suppliers
Not applicable; the company relies on financial institutions and group entities for capital and investment deal flow.
Capacity Expansion
Not applicable; the company's 'capacity' is defined by its net worth and borrowing limits as a CIC. Current ratio is 25.05, indicating significant liquidity for future investments.
Raw Material Costs
Not applicable; operational costs are primarily finance costs (INR 1.49 Cr in FY25) and employee benefits (INR 0.19 Cr in FY25).
Manufacturing Efficiency
Not applicable; the company employs only two employees to manage its entire investment and administrative operations.
Strategic Growth
Expected Growth Rate
12%
Growth Strategy
The company plans to achieve growth by acquiring and holding shares, bonds, and securities in group companies and mutual funds. It focuses on capital appreciation from its major holdings in the Power Sector and short-term gains from money market instruments.
Products & Services
Investment holding services, equity shares, debentures, and financial instruments in group companies.
Brand Portfolio
Jindal Poly Investment and Finance Company Limited (JPIFCL).
New Products/Services
Not disclosed; growth is tied to the expansion of existing group investee companies.
Market Expansion
The company continues to operate as a Core Investment Company (CIC) focusing on group-level financial support and capital deployment.
Strategic Alliances
Maintains a significant associate relationship with Jindal India Powertech Limited.
External Factors
Industry Trends
The CIC industry is evolving with stricter RBI oversight; however, JPIFCL is currently not required to register with the RBI. The power sector is shifting toward renewable integration, which may affect long-term associate valuations.
Competitive Landscape
Competes with other group holding companies and private equity firms for capital appreciation in the industrial and power sectors.
Competitive Moat
The moat is derived from its position within the Jindal Group, providing exclusive access to group company equity and debt deals. This is sustainable as long as the group remains a dominant player in the power and industrial sectors.
Macro Economic Sensitivity
Highly sensitive to financial market volatility and interest rate cycles which affect the fair value of its INR 31.02 Cr annual gains (FY25).
Consumer Behavior
Not applicable; demand is driven by industrial power requirements and capital market conditions.
Geopolitical Risks
Indirect exposure through the power sector's reliance on global fuel prices and regulatory shifts.
Regulatory & Governance
Industry Regulations
Subject to the Core Investment Companies (Reserve Bank) Directions, 2016, and the Companies Act, 2013. Compliance with SEBI (LODR) Regulations is mandatory for its listed status.
Environmental Compliance
INR 0; as an investment company, it has no direct environmental impact, though its investees in the power sector face high ESG compliance costs.
Taxation Policy Impact
The company benefited from a deferred tax asset increase in FY25 due to changes in Income Tax rates and capital gains laws, resulting in a tax credit of INR 25.82 Cr.
Legal Contingencies
No reportable material weaknesses in internal controls were observed during FY 2024-25. No complaints were filed under the Sexual Harassment of Women at Workplace Act during the year.
Risk Analysis
Key Uncertainties
Performance of investee companies in the power sector is the primary uncertainty; any failure to distribute dividends or provide capital appreciation directly impacts the INR 10.79 Cr dividend revenue stream seen in Q2 FY26.
Geographic Concentration Risk
100% of operations and investments are concentrated in India.
Third Party Dependencies
High dependency on the financial health of Jindal India Powertech Limited.
Technology Obsolescence Risk
Low risk for a holding company; digital transformation is limited to internal financial reporting systems.
Credit & Counterparty Risk
The company has not given any loans or advances to firms in which directors are interested during the period under review.