1. India Stocks

  2. •

    Finance

  3. •

    Real estate development
Jet Solar Ltd

Jet Solar Ltd

BBSE:JETSOLAR
6.70
INR
+0.02
(+0.30%)
166.62MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
20.42
26.19
16.7
6.05
5.55
6.56
2.08
0.36
0.86
1.09
0.84
0.54
0.46
- -
Basic EPS, GAAP
1.33
1.69
0.73
0.31
0.28
0.17
-1.94
-0.93
0.1
0.13
0.14
0.04
0.03
- -
Free Cash Flow per Basic Share
-0.25
11.33
-2.24
3.43
0.11
-2.01
-4.09
-0.29
2.35
-0.78
-0.7
-2.45
-3.51
- -
Dividend per Share
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.54
13.54
14.27
14.58
14.86
15.02
14.06
13.13
13.22
13.36
13.5
17.77
17.49
17.49
Tangible Book Value per Share
1.54
13.54
14.27
14.58
14.86
15.02
14.06
13.13
13.22
13.36
13.5
17.77
17.49
17.49
Basic Weighted Avg Shares
4
3
4
4
4
4
2
4
4
4
4
10
12
12
Sales/Revenue/Turnover
86
84
70
25
23
27
4
2
4
5
4
5
5
- -
Operating Margin (%)
13.84
8.81
2.9
-4.71
-14.35
-10.87
-167.9
-375.04
-24.26
-17.96
-47.18
-116.06
-55.27
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
6
5
3
1
1
1
-4
-4
- -
1
1
- -
- -
- -
Effective Tax Rate (%)
32.14
32.68
32.77
39.01
32.92
35.74
- -
- -
0.01
0.13
- -
29.3
26.72
- -
Profit Margin (%)
6.51
6.46
4.37
5.1
5
2.53
-92.86
-259.67
11.41
12.26
16.84
6.89
6.46
- -
Working Capital
5
55
58
59
61
61
57
54
54
55
55
168
207
207
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
6
57
60
61
62
63
59
55
55
56
57
179
208
208
Return on Invested Capital (%)
- -
7.75
1.63
-0.75
-2.52
-2.34
- -
- -
-1.27
-1.87
-2.58
-3.68
-1.96
- -
Return on Capital (%)
- -
10
5.48
3.88
3.98
2.36
- -
- -
1.22
0.92
1.02
0.6
0.18
- -
Return on Common Equity (%)
- -
17.24
5.25
2.14
1.88
1.11
-6.66
-6.84
0.75
1.01
1.06
0.32
0.18
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
4
4
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
12
12
Market Capitalization
207
182
167

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
226
221
221
Cash, Cash Equivalents & STI
105
105
108
Accounts Receivable, Net
5
5
5
Inventories
18
13
14
Total Current Liabilities
58
15
14
Payables & Accruals
- -
- -
- -
ST Debt
4
4
3
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.69%
46.96%
16.28%
Free Cash Flow
-258.82%
-51.51%
69.18%
Net Income, GAAP
-90.58%
-22.25%
-6.13%
Sales/Revenue/Turnover
-0.51%
39.71%
0.17%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4
2025
- -
- -
5
2026
- -
- -
5

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.14
2025
- -
- -
0.04
2026
- -
- -
0.03

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rajul Rameshchandra Shah
Full Time Employees
5
Sector
Finance
Industry
Real estate development
Address
Office No.1, Nandanvan Apartment Mumbai MH India 400067
IPO Date
Oct 20, 2014
Website
jetsolarlimited.com
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Business
Jet Solar Limited operates as a real estate development and construction company focused on residential and commercial projects in India. It engages in land identification and acquisition, project planning, execution, marketing, and management of completed developments, with operations spanning housing, retail, hospitality, and office sectors. Jet Solar Limited was founded in 2001 and is headquartered in Mumbai, India. The company previously traded under the name Jet Infraventure Limited, with a formal name change approved in 2024. Its business model encompasses land development, project financing, construction, and end-to-end project delivery for urban and semi-urban communities. Primary products and services include residential housing projects, commercial real estate developments, mixed-use developments, property management and maintenance services, and related advisory and project management activities. Recent corporate developments include the name transition from Jet Infraventure Limited to Jet Solar Limited in late 2024, along with ongoing corporate actions surrounding governance and strategic realignment to sharpen focus on integrated real estate development and construction offerings. Jet Solar Limited’s geographic footprint centers on India, with activities concentrated in major markets within the country. The company maintains other related assets and activities through subsidiaries or affiliate arrangements as part of its broader corporate structure. This profile emphasizes the company’s core competencies in land development, project execution, and end-to-end delivery of residential and commercial real estate, together with strategic initiatives shaping its growth trajectory within the Indian real estate industry.