Key Financial Figures

Financial Results (₹ in Hundred):

  • Profit before Depreciation and Tax: 3,149.53 (FY26) vs 44,699.59 (FY25)
  • Current Tax: 8,036.15 (FY26) vs 18,257.60 (FY25)
  • Deferred Tax: (611.00) (FY26) vs 259.88 (FY25)
  • Profit after Tax: (4,275.62) loss (FY26) vs 26,182.11 profit (FY25)
  • Balance brought forward: 579,085.79 (FY26) vs 526,941.30 (FY25)
  • Transfer from Equity Investment Reserve upon realization: 28,754.00 (FY26) vs 40,334.14 (FY25)
  • Transferred to Reserve U/s 45-IC of RBI Act, 1934: (5,000.00) (FY26) vs (14,000.00) (FY25)
  • Provision towards Standard Assets: 1,311.09 (FY26) vs (371.76) (FY25)
  • Balance carried forward: 599,875.26 (FY26) vs 579,085.79 (FY25)

Operational Performance:

  • Net revenue from operations: ₹40.45 lakhs (FY26) vs ₹78.39 lakhs (FY25) - 48.4% decrease
  • Revenue breakdown:
  • Interest: ₹28.23 lakhs
  • Dividend: ₹2.63 lakhs
  • Profit on Sale of Investment: ₹9.26 lakhs
  • Other Operation Income: ₹0.32 lakhs

Share Capital

  • Issued, subscribed and paid-up share capital: ₹2.82 crore (28.2 lakh equity shares of ₹10 each)
  • No shares allotted during the year
  • No stock options or sweat equity granted

Subsidiaries, Associates and Joint Ventures

  • No subsidiaries, associates or joint ventures
  • Policy on determination of Material Subsidiaries has been formulated and uploaded on company website

Dividend

  • No dividend recommended for FY 2025-26
  • Decision based on company growth, business investment and resource conservation considerations

General Reserves

  • No amount transferred to General Reserves for FY 2025-26

Public Deposits

  • No public deposits held at beginning of year
  • No public deposits accepted during the year

Material Changes and Commitments

  • No significant material changes affecting financial position occurred between end of financial year and date of report

Board and Committee Meetings

Board Meetings (7 meetings held):

  • 3rd April 2025, 17th May 2025, 30th May 2025, 12th August 2025, 29th August 2025, 6th November 2025, 29th January 2026

Committee Meetings:

  • Audit Committee: 4 meetings (30th May 2025, 12th August 2025, 6th November 2025, 29th January 2026)
  • Nomination & Remuneration Committee: 3 meetings (15th July 2025, 14th November 2025, 18th February 2026)
  • Stakeholders Relationship Committee: 2 meetings (6th June 2025, 3rd November 2025)
  • Independent Directors Meeting: 1 meeting (2nd May 2025)

Directors and Key Managerial Personnel

Board Composition:

  • Mr. Anil Jhunjhunwala (Non-Executive Director)
  • Mr. Shyam Bagaria (Non-Executive Director)
  • Mrs. Sumita Chhetry (Independent Director)
  • Mr. Surjit Singh (Independent Director)

Key Managerial Personnel:

  • Mr. Prahalad Roy Sharma (Chief Executive Officer)
  • Mr. Virendra Lal Nagar (Chief Financial Officer)
  • Mrs. Pallavi Dhandhania Agarwal (Company Secretary)

Re-appointment:

  • Mr. Anil Jhunjhunwala recommended for re-appointment at 43rd AGM

Statutory Auditors

  • M/S. A.K. Dubey & Co., Chartered Accountants
  • Appointed for term until conclusion of 44th AGM in 2027
  • Audit Report contains no qualifications

Secretarial Auditor

  • CS Disha Dugar Jhunjhunwala
  • Appointed for 5 years from FY 2025-26 to FY 2029-30
  • Secretarial Audit Report (Form MR-3) contains no observations

Internal Auditor

  • M/S. Chaturvedi & Partners, Chartered Accountants
  • Internal Audit Reports contain no observations

Fraud Reporting

  • No instances of fraud reported by auditors under Section 143(12) of Companies Act, 2013

Related Party Transactions

  • All transactions were in ordinary course of business and at arm's length basis
  • No material related party transactions exceeding 10% of annual consolidated turnover
  • Policy on Related Party Transactions available on company website

Human Resources

  • 3 permanent employees as on 31st March 2026
  • Industrial relations remained cordial throughout the year
  • Compliance with Maternity Benefit Act, 1961 affirmed

Shareholding Pattern (as on 31st March 2026)

  • Promoter and promoter group: 64.785% (18,26,933 shares)
  • Resident Individuals: 25.729% (7,25,579 shares)
  • Bodies Corporate/NBFC: 9.432% (2,65,978 shares)
  • Non-Resident Individuals: 0.052% (1,465 shares)

Dematerialization Status

  • Physical shares: 24.60% (6,93,751 shares)
  • Demat shares: 75.40% (21,26,249 shares)
  • NSDL: 69.34%
  • CDSL: 6.06%

Important Dates

  • Annual General Meeting: 18th September 2026 at 03:00 PM through Video Conferencing
  • Financial Year: 1st April 2025 to 31st March 2026

Financial Impact

  • Explicit financial impact quantified in the disclosure
  • Loss of ₹4.28 lakhs for FY 2025-26 compared to profit of ₹26.18 lakhs in previous year
  • Decreased revenue from operations impacting profitability

Capital Structure Impact

  • No change in share capital during the year
  • No dilution or change in promoter holding structure

Cash Flow Implications

  • Net cash used in operating activities: (₹43,540.01)
  • Net cash used in investing activities: (₹5,80,132.54)
  • Net cash from financing activities: ₹5,52,667.57
  • Net decrease in cash and cash equivalents: (₹71,004.98)

Forward-looking Statements

  • Management Discussion and Analysis contains cautionary statement about forward-looking statements
  • Outlook section discusses continued exploration of opportunities in capital markets
  • Risk management system emphasized for identification and mitigation of operational risks

Compliance Certifications

  • CEO & CFO certification provided pursuant to Regulation 17(8) of SEBI LODR
  • Declaration of compliance with Code of Conduct provided under Regulation 26(3)

Website Disclosures

  • Annual Report available at: https://www.jjfc.co.in/financial.htm
  • Policies available on company website: http://www.jjfc.co.in