Jagsonpal Services Ltd (530601)
🎯 Key Takeaways
- Jagsonpal Services Ltd appears to be in a severe distress phase, marked by persistent losses, negative returns, and no revenue generation over multiple quarters. The company has not generated revenue in any of the latest reporting periods, with operating and net losses widening sequentially.
- ⚠️ 1) Persistent zero revenue and ongoing losses with no signs of operational revival. 2) Negative equity reserves and deteriorating ROE/ROCE suggest cap
- Market Cap
- ₹94
- P/B Ratio
- 8.35
- ROE
- -46.6%
- ROCE
- -46.8%
- Debt/Equity
- 0.00
- Promoter
- 61.1%
📖 The Story
Jagsonpal Services Ltd appears to be in a severe distress phase, marked by persistent losses, negative returns, and no revenue generation over multiple quarters. The company has not generated revenue in any of the latest reporting periods, with operating and net losses widening sequentially. Its financial metrics reflect operational stagnation and deteriorating profitability, with ROE and ROCE both deeply negative. The business seems to be non-operational or in abeyance, lacking any meaningful commercial activity.
📰 What's Happening
There have been no new orders, expansions, or strategic initiatives disclosed in the latest filings. Management has not announced any turnaround plan, new product launches, or operational restructuring. The company continues to operate without revenue, and no forward-looking business updates have been provided in recent quarterly filings. The absence of any operational commentary suggests a lack of active management focus on reviving core business activities.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | -1 | -1 | -2 | -1 | -1 |
| OPM % | — | — | — | — | — |
| Net Profit | -1 | -1 | -2 | -1 | -1 |
| EPS | ₹-0.59 | ₹-0.53 | ₹-0.90 | ₹-0.66 | ₹-0.78 |
Revenue has been consistently zero across all recent quarters, with operating and net losses remaining flat to slightly worsening, indicating no improvement in cost structure or cash burn. The company has not demonstrated any path toward revenue generation, and losses are not being mitigated through expense reduction or asset rationalization. The financial trajectory reflects a business that is effectively dormant, with no signs of recovery or operational revival.
🔮 Management Outlook & What's Next
There is no available forward guidance or explicit outlook from management in the latest filings, as the company has not provided any commentary on future performance or strategic direction. Previous filings also lack substantive updates on business prospects or timelines for resumption of operations. The absence of any guidance underscores a lack of confidence or clarity in management’s ability to lead a recovery.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 18 | 6 | 18 | 18 |
| Reserves | -2 | -4 | -7 | -4 |
| Borrowings | 0 | 0 | 0 | 0 |
| Total Liabilities | 17 | 1 | 17 | 15 |
| Fixed Assets | 0 | 0 | 0 | 2 |
| Investments | 0 | 0 | 1 | 10 |
| Total Assets | 17 | 1 | 17 | 15 |
The balance sheet shows minimal asset base and declining equity reserves, with negative reserves indicating cumulative losses have eroded capital. There are no borrowings, suggesting no external financing is being pursued, and total assets have remained stagnant. The company is not investing in growth or even maintaining a stable asset base, reflecting a passive and unsustainable financial position.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | -1 |
| Investing | -0 |
| Financing | +16 |
| Net Cash Flow | +15 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 61.0% | 61.1% | 61.1% | 61.1% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% |
| Public | 10.8% | 10.7% | 10.7% | 10.7% |
| # Shareholders | 5,248 | 5,123 | 5,105 | 5,091 |
Promoter holding remains stable around 61%, with no signs of dilution or sale. FII and DII holdings are negligible and unchanged, indicating no institutional interest or confidence. The shareholder base is fragmented among over 5,000 public shareholders, but trading activity appears limited. There are no signals of activist interest or significant capital reallocation from shareholders.
⚖️ Peer Comparison — IT - Software
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| TCS | 7.50 L Cr | 15.1 | 63.2% | — | 0.00 |
| INFY | 4.07 L Cr | 13.5 | 44.9% | — | 0.00 |
| HCLTECH | 3.40 L Cr | 19.5 | 31.6% | — | 0.00 |
| WIPRO | 1.60 L Cr | 12.8 | 18.1% | — | 0.19 |
| TECHM | 1.51 L Cr | 26.6 | 24.8% | — | 0.00 |
| LTM | 1.21 L Cr | 23.2 | 30.5% | — | 0.00 |
| OFSS | 94,385 | 27.6 | 60.3% | — | 0.00 |
| PERSISTENT | 83,939 | 43.2 | 32.7% | — | 0.00 |
| COFORGE | 78,489 | 36.0 | 25.6% | — | 0.04 |
| MPHASIS | 42,582 | 22.3 | 22.3% | — | 0.17 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1) Persistent zero revenue and ongoing losses with no signs of operational revival. 2) Negative equity reserves and deteriorating ROE/ROCE suggest capital erosion. 3) Absence of management guidance or strategic updates raises governance and execution concerns. 4) Lack of institutional interest and stagnant shareholder base indicate limited market confidence.
📋 Recent Filings
- 🟡 Board Meeting2026-09-29Jagsonpal Services announced a revised board outcome approving the acquisition of Elanistech Private Limited, a related party, for a total cash consid…
- 🟡 Board Meeting2026-09-29Jagsonpal Services approved acquiring Elanistech Private Limited's software assets and IP for ₹10 crores in cash, subject to shareholder approval, to …
- 🔴 Corporate Action2026-09-29Jagsonpal Services announced on 29 September 2026 that its board approved acquiring software assets, IP, and personnel from related party Elanistech P…
- 🔴 Corporate Action2026-09-29Jagsonpal Services announced on 29 September 2026 that it will acquire Elanistech Private Limited for a total cash consideration of **₹10 crores**, ta…
- 🟡 Board Meeting2026-09-29Jagsonpal Services Limited held its 35th Annual General Meeting on 29 September 2026 via video conference, where shareholders approved the audited fin…
- 🟡 Board Meeting2026-09-29Jagsonpal Services Limited held its 35th AGM on 29 September 2026 via video conference, where shareholders approved the audited financial statements f…
- 🟡 voting results2026-09-29Jagsonpal Services Limited announced the results of its 35th Annual General Meeting held on 29 September 2026 via video conferencing. All resolutions …
- Announcement2026-09-25Jagsonpal Services Ltd announced that its trading window closes on 1 October 2026, remaining shut until 48 hours after the unaudited Q3 results are ap…
- 🔴 Announcement2026-09-23Jagsonpal Services Limited announced a public notice published in newspapers on September 23, 2026 regarding its rights issue of up to 49,94,86,400 eq…
- 🟡 Board Meeting2026-09-05Jagsonpal Services Limited announced dispatch of notice for its 35th Annual General Meeting scheduled for 29 September 2026 at 11:00 a.m. IST via vide…
🧠 Analyst's Read
The company is effectively non-operational with no visible path to recovery, making it a high-risk entity with no discernible catalysts on the horizon. Investors should monitor for any unexpected operational restart or asset monetization, but such developments appear unlikely given the current trajectory.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-29.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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