Jindal Photo Limited (JINDALPHOT) AI Stock Analysis

• Market Cap: ₹14.74B
• Dividend Yield: N/A
• Average Volume (3M): 1.89K
• Price to Earnings (P/E): 9.6
• Beta (1Y): 1.86
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Asset Management
• EPS (TTM): 46.24
• Shares Outstanding: 10,258,326
• 10 Day Avg. Volume: 4,487
• 30 Day Avg. Volume: 1,892
• PEG Ratio: -0.20
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 927.92
• P/FCF Ratio: 11.31K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: ₹1,430.00 ▼(-4.75% Downside)

The score is primarily constrained by weak and inconsistent cash flow and questions around earnings sustainability given the unusually small/volatile revenue base versus large reported profits. Technicals are neutral-to-soft with the stock below key shorter-term moving averages and negative MACD. Valuation is a partial offset with a modest P/E, though no dividend support is available.

Positive Factors

Low leverage / balance sheet strength

Material deleveraging since 2020 leaves the company with very low leverage and sizable equity, providing durable financial flexibility. This improves resilience to shocks, reduces refinancing risk, and supports discretionary capital allocation over the next several months.

Improved reported profitability (ROE recovery)

The shift from losses to solid reported ROE in 2024–2025 signals a recovery in reported profitability. If genuine, sustained ROE expansion can fund reinvestment and signal management execution, supporting structural earnings improvement over the medium term.

Recent positive operating cash flow trend

A move to marginally positive operating cash flow in 2025 indicates early operational stabilization. While small, this trend reduces immediate liquidity pressure and, if maintained, can gradually improve self-funding capacity and reduce reliance on external financing.

Negative Factors

Weak and inconsistent cash generation

Persistent negative operating and free cash flow across 2020–2024, with only a marginal uptick in 2025, implies earnings are not translating into cash. This structural cash generation weakness constrains reinvestment, dividends, and heightens financing risk despite low nominal leverage.

Extremely small, volatile revenue base

An extremely small and highly volatile top line makes core business sustainability uncertain. Large swings undermine forecasting, limit scale economies, and mean reported profits may be episodic rather than stemming from a stable, investible revenue model over the medium term.

Earnings quality concerns / equity drop

Abnormally large profits relative to a tiny revenue base suggest earnings are driven by non‑operating items, raising permanence doubts. Coupled with a notable equity decline in 2024–2025, this increases the risk that reported earnings do not reflect sustainable operational performance.

Jindal Photo Limited Business Overview & Revenue Model

Company Description

Jindal Photo Limited primarily invests in the shares of companies in India. It also provides management consultancy services. The company was incorporated in 2004 and is headquartered in New Delhi, India.

How the Company Makes Money

Jindal Photo Limited Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.85M	4.95M	174.00K	100.00K	472.00K	2.34M
Gross Profit	1.53M	3.13M	-1.61M	-1.95M	-1.54M	483.00K
EBITDA	2.36B	2.31B	2.70B	1.72B	6.37B	-861.00K
Net Income	2.31B	2.26B	2.66B	1.67B	6.34B	-44.57M
Balance Sheet
Total Assets	0.00	10.48B	23.35B	20.80B	19.08B	1.05B
Cash, Cash Equivalents and Short-Term Investments	31.62M	100.00K	219.00K	129.00K	248.00K	15.70M
Total Debt	0.00	594.30M	545.30M	682.80M	626.40M	574.70M
Total Liabilities	-9.68B	798.30M	739.69M	877.58M	832.74M	804.62M
Stockholders Equity	9.68B	9.68B	22.61B	19.92B	18.25B	250.10M
Cash Flow
Free Cash Flow	0.00	604.00K	-3.77M	-5.12M	-3.56M	-1.71M
Operating Cash Flow	0.00	604.00K	-3.77M	-5.12M	-3.56M	-1.71M
Investing Cash Flow	0.00	-733.00K	3.86M	5.00M	-11.89M	16.25M
Financing Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00

Jindal Photo Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZUARI	74 Outperform	₹12.76B	1.30	―	―	23.32%	447.31%
SHREEPUSHK	68 Neutral	₹10.92B	15.25	―	0.52%	28.67%	50.12%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KHAICHEM	58 Neutral	₹6.82B	10.64	―	―	67.43%	―
JINDALPHOT	49 Neutral	₹14.74B	9.60	―	―	―	―
ZUARIIND	46 Neutral	₹8.72B	7.31	―	0.32%	19.59%	-83.95%

Jindal Photo Limited Corporate Events

Jindal Photo Limited Publishes Financial Results for Q2 2025

Jindal Photo Limited has announced the publication of its unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025. These results have been published in Jansatta and Financial Express newspapers and are available on the company’s website and the websites of the National Stock Exchange of India Limited and BSE Limited. This announcement is part of the company’s compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and accessibility of financial information to stakeholders.

Jindal Photo Limited Clarifies Recent Share Price Movement

Jindal Photo Limited has experienced a significant movement in its share price, prompting the National Stock Exchange of India to seek clarification from the company. Jindal Photo Limited responded by stating that the price increase is market-driven and that all necessary disclosures have been made in accordance with regulatory requirements. The company assured that it will continue to notify the exchanges of any price-sensitive information as required.