Newjaisa Technologies Limited (NEWJAISA)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Newjaisa Technologies' revenue was ₹17.0 Cr (-46.9% year on year, -26.1% on the previous half-year), and net profit ₹-13.0 Cr (a bigger loss than a year earlier); the operating margin was -76.5%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹17.0 | -46.9% | -26.1% |
| Operating profit | ₹-13.0 | loss widened | loss widened |
| Net profit | ₹-13.0 | loss widened | loss widened |
| EPS (₹) | -3.50 | loss widened | loss widened |
| Operating margin | -76.5% | — | — |
NEWJAISA delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 100.0% of the NEWJAISA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 95.82%. That is close to its usual level. Turnover was only ₹7 lakh, so a handful of trades can move this figure. It closed at a price band (circuit) on 10 sessions in about the last 20.
Delivery in the last 5 sessions: 88.2% · 100.0% · 91.4% · 100.0% · 100.0%
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
Newjaisa Technologies conducted its 6th Annual General Meeting on September 30, 2026, via video conference. Shareholders considered and approved all ordinary resolutions, including the adoption of FY26 audited financial statements and the reappointment of Non-Executive Director Mrs. Ankita Handa. The meeting saw no registered speaker shareholders and concluded within 15 minutes. This filing is an administrative summary of AGM proceedings.
- Held 6th Annual General Meeting on September 30, 2026, starting at 11:00 AM and concluding at 11:15 AM IST
- Only 2 ordinary business items transacted: adoption of FY26 financial statements and reappointment of Mrs. Ankita Handa (DIN: 08690084)
- Remote e-voting was held from September 27 to September 29, 2026, based on a cut-off date of September 23, 2026
- Zero speaker shareholders registered; no Q&A session was conducted
Newjaisa Technologies conducted its 6th Annual General Meeting on September 30, 2026, via video conference. Shareholders considered and approved all ordinary resolutions, including the adoption of FY26 audited financial statements and the reappointment of Non-Executive Director Mrs. Ankita Handa. The meeting saw no registered speaker shareholders and concluded within 15 minutes. This filing is an administrative summary of AGM proceedings.
- Held 6th Annual General Meeting on September 30, 2026, starting at 11:00 AM and concluding at 11:15 AM IST
- Only 2 ordinary business items transacted: adoption of FY26 financial statements and reappointment of Mrs. Ankita Handa (DIN: 08690084)
- Remote e-voting was held from September 27 to September 29, 2026, based on a cut-off date of September 23, 2026
- Zero speaker shareholders registered; no Q&A session was conducted
Newjaisa Technologies has issued a corrigendum to its FY 2025-26 Annual Report to rectify typographical errors in its employee stock option (ESOP) disclosures on pages 52 and 106. The filing confirms that 3,88,495 options were granted during the year under the ESOP 2023 Plan, out of a total pool of 32,09,174 options available. No other changes were made to the financial statements or to the 6th Annual General Meeting Notice scheduled for September 30, 2026. The rest of the report highlights FY 2025-26 revenue of ₹40.49 crore and a net loss of ₹17.42 crore following channel disruption and inventory write-downs.
- Corrigendum addresses typographical errors in ESOP disclosures under Regulation 14 of SEBI SBEB Regulations.
- A total of 3,88,495 options were granted in FY 2025-26 out of an available pool of 32,09,174 options under ESOP 2023 Plan.
- No revisions made to audited financial figures or the Notice of the 6th AGM scheduled for September 30, 2026.
- The underlying FY 2025-26 report reflects revenue of ₹40.49 crore, down 38% YoY, and a net loss of ₹17.42 crore including ₹12.38 crore inventory write-down.
Newjaisa Technologies has issued the notice for its Annual General Meeting scheduled for September 30, 2026, alongside its FY 2025-26 Annual Report. The company reported FY26 revenue from operations of ₹40.49 crore, down 38% from ₹65.66 crore in FY25 following Amazon's exit from the refurbished category. Net loss widened to ₹17.42 crore (vs ₹1.13 crore loss in FY25), heavily impacted by an extraordinary inventory write-down of ₹12.38 crore and ₹1.85 crore in ESOP charges. Balance sheet liquidity remains stable with ₹15.65 crore in cash and bank balances and total borrowings reduced to ₹11.98 crore.
- AGM scheduled for September 30, 2026, via Video Conferencing with remote e-voting cut-off on September 23, 2026.
- FY26 Revenue fell 38% YoY to ₹40.49 crore as volume dropped to 23,506 units from 49,850 units in FY25.
- Reported net loss of ₹17.42 crore, including a one-time inventory write-down of ₹12.38 crore under AS-2.
- Cash and bank balance stood at ₹15.65 crore against total borrowings of ₹11.98 crore at year-end.
Newjaisa Technologies Limited has approved the convening of its 6th Annual General Meeting (AGM) on September 30, 2026, via video conferencing. The Board fixed September 23, 2026, as the cut-off date to determine shareholder eligibility for e-voting. Remote e-voting will take place from September 27 to September 29, 2026. The meeting agenda includes the adoption of FY26 audited financial statements and the reappointment of retiring director Mrs. Ankita Handa.
- 6th Annual General Meeting scheduled for September 30, 2026, at 11:00 AM IST via VC/OAVM
- Cut-off date for e-voting eligibility set as September 23, 2026
- Remote e-voting window open from September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
- Board adopted the Secretarial and Internal Audit Reports and approved the Directors' Report for FY26
Newjaisa Technologies Limited announced the resignation of Gaurav Dineshchandra Shah (DIN: 05126728) from his position as Non-Executive Director and various board committees, effective August 13, 2026. The director cited other professional commitments and confirmed there are no other material reasons for his departure. The company has a market capitalization of Rs 64 Cr and reported TTM revenue of Rs 106 Cr with a net loss of Rs 19 Cr.
- Resignation of Non-Executive Director Gaurav Dineshchandra Shah (DIN: 05126728)
- Effective date of resignation is August 13, 2026
- Stepped down from the board and various committees citing other professional commitments
- Confirmed no other material reasons for resignation
Mr. Purav Dineshchandra Shah has resigned as a Non-Executive Director of Newjaisa Technologies Limited, effective August 13, 2026, citing other professional commitments. This management change comes as the company navigates a difficult financial period, reporting a TTM loss of ₹19 Cr and a significant revenue decline from ₹36 Cr in March 2024 to ₹17 Cr in March 2026. The company is currently attempting a business pivot toward D2C and B2B channels after losing its primary Amazon-based revenue stream. The resignation is procedural and the director confirmed there are no other material reasons for his departure.
- Resignation of Non-Executive Director effective August 13, 2026
- Company reported a TTM Net Loss of ₹19 Cr against a Market Cap of ₹62 Cr
- Revenue for the most recent quarter (Mar 2026) stood at ₹17.0 Cr, down from ₹36.0 Cr in Mar 2024
- Company is targeting a 50% month-on-month recovery trend to offset a 70% initial revenue impact from Amazon's category closure
Newjaisa Technologies has entered into a non-exclusive distribution agreement with Redington Limited to expand the availability of its refurbished computing products across India. This partnership aims to leverage Redington's extensive network of dealers and resellers to reach businesses and retail customers. The move is a strategic pivot to diversify distribution channels after the company faced a 70% revenue impact due to the closure of Amazon's refurbished category. With a current TTM revenue of Rs 106 Cr and a market cap of Rs 60 Cr, this partnership is a significant step toward scaling its recovered monthly revenue run rate.
- Redington Limited appointed as a non-exclusive distributor for Newjaisa's refurbished products across India.
- Strategic move to mitigate the 70% revenue loss previously caused by the closure of Amazon's refurbished category.
- Company has recovered 75% of its lost revenue as of H1 FY 2025-26, aiming to build on a 50% month-on-month recovery trend.
- Partnership covers the full refurbishment lifecycle including inspection, testing, repair, and data sanitisation under Newjaisa's trademark.
- Distribution will span both offline and online channels through Redington's established technology ecosystem.
Newjaisa Technologies has entered into a non-exclusive distribution agreement with Redington Limited, effective July 29, 2026. This partnership allows Redington to resell Newjaisa's refurbished computing products to its extensive network of dealers and resellers across India. The move is a strategic pivot to rebuild sales after a 70% revenue hit caused by Amazon's category closure in early 2025. Given Newjaisa's small market cap of ₹60 Cr and TTM revenue of ₹106 Cr, access to Redington's massive distribution infrastructure is a significant scale-up opportunity.
- Agreement signed on July 29, 2026, with Redington Limited for pan-India distribution
- Company has recovered 75% of revenue lost after a 70% drop in early 2025
- Newjaisa is one of only 5 companies in India holding the international R2 certificate for refurbishing
- TTM revenue stands at ₹106 Cr against a market capitalization of ₹60 Cr
- Current monthly revenue run rate has recovered to approximately ₹4.5 Cr from a low of ₹1.8 Cr
Financial Performance
Revenue Growth by Segment
Revenue from operations for H1 FY 2025-26 was INR 23.25 Cr, representing a 31.06% decline compared to INR 33.72 Cr in H1 FY 2024-25. This decline was primarily driven by the exit of Amazon (previously a 60% revenue driver) from the refurbished category.
Geographic Revenue Split
The company caters primarily to the Indian market, with its headquarters and operations based in Bengaluru, Karnataka. Specific regional percentage splits within India were not disclosed.
Profitability Margins
Net Profit Margin declined significantly from 10.47% (INR 3.53 Cr profit) in H1 FY 2024-25 to -21.06% (INR 4.90 Cr loss) in H1 FY 2025-26. This shift was due to the sharp drop in revenue following the Amazon channel closure while maintaining fixed operational costs.
EBITDA Margin
EBITDA margin for H1 FY 2025-26 was approximately -13.9% (EBITDA loss of INR 3.23 Cr), down from a positive EBITDA margin of 6.54% (INR 2.21 Cr) in H1 FY 2024-25.
Capital Expenditure
Depreciation and amortization expenses increased to INR 2.11 Cr in H1 FY 2025-26 from INR 0.85 Cr in H1 FY 2024-25, indicating prior investments in capacity or infrastructure. Planned future CAPEX was not disclosed.
Credit Rating & Borrowing
Finance costs rose 118% YoY to INR 56.82 Lakhs in H1 FY 2025-26 from INR 26.05 Lakhs in H1 FY 2024-25. Specific credit ratings and interest rate percentages were not disclosed.
Operational Drivers
Raw Materials
Used and old IT hardware, specifically Laptops and Desktops, which are refurbished for resale. Purchases of these traded goods accounted for 69.7% of total revenue in H1 FY 2025-26.
Capacity Expansion
The company previously operated at a monthly revenue run rate of INR 6 Cr, which dropped to INR 1.8 Cr in February 2025. As of H1 FY 2025-26, it has recovered 75% of that lost revenue, implying a current monthly run rate of approximately INR 4.5 Cr.
Raw Material Costs
Purchases of traded goods amounted to INR 16.21 Cr in H1 FY 2025-26, representing 69.7% of revenue, compared to INR 18.68 Cr (55.4% of revenue) in H1 FY 2024-25.
Manufacturing Efficiency
The company focuses on a product mix where laptops offer higher margins compared to desktops, which are considered low value-add products with lower margins.
Strategic Growth
Expected Growth Rate
50%
Growth Strategy
Growth is being driven by a 50% month-on-month recovery trend since February 2025. The strategy involves rebuilding sales through the proprietary D2C channel (newjaisa.com), which has already helped recover 75% of lost revenue, and expanding into B2B and enterprise segments.
Products & Services
Refurbished Laptops and Refurbished Desktops.
Brand Portfolio
NewJaisa.
New Products/Services
Expansion into Enterprise and B2B channels for refurbished IT assets. Revenue contribution percentages for these new segments were not specifically broken down.
Market Expansion
Focusing on the Indian market through direct web sales and enterprise partnerships.
External Factors
Industry Trends
The refurbished PC market in India is shifting toward organized players with international quality certifications. The industry is evolving from marketplace-led demand to D2C and enterprise-led demand.
Competitive Landscape
The market is competitive with both organized and unorganized players; NewJaisa differentiates through its full-stack refurbishing model and R2 certification.
Competitive Moat
The company holds an international R2 certificate, an accreditation held by only 5 companies in India, providing a durable quality and process moat in the refurbishing industry.
Consumer Behavior
Increasing consumer trust in refurbished electronics, supported by international quality standards and direct brand warranties.
Regulatory & Governance
Industry Regulations
Operations are governed by e-waste management rules and international refurbishing standards (R2).
Environmental Compliance
The company complies with international electronics refurbishing standards through its R2 certification. Specific ESG compliance costs were not disclosed.
Taxation Policy Impact
The company recorded a deferred tax credit of INR 1.01 Cr in H1 FY 2025-26 due to operational losses. The effective tax rate for the previous audited year was not specified.
Risk Analysis
Key Uncertainties
The primary uncertainty is the stability of third-party marketplace policies and the speed of customer acquisition on the new D2C platform.
Geographic Concentration Risk
100% of operations and target market are concentrated in India.
Third Party Dependencies
High historical dependency on Amazon (60%); currently transitioning to mitigate this risk.
Technology Obsolescence Risk
High risk due to the rapid lifecycle of IT hardware; managed through inventory write-offs and selective fresh purchases of INR 9 Cr in H1 FY 2025-26.
Credit & Counterparty Risk
Trade receivables decreased by INR 49.43 Lakhs in H1 FY 2025-26, indicating active collection and management of receivables quality.
