JAYJ—56

Jay Jalaram Technologies Ltd

Computer & Electronics RetailersVerified

Score breakdown

Profitability+20Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion95AI synthesis40Observations3

Jay Jalaram Technologies Ltd maintains a debt-to-equity ratio of 0.91, indicating a moderate reliance on debt financing, while its current ratio of 2.0 suggests adequate short-term liquidity to cover obligations [doc:HA-latest]. However, the company's operating cash flow is negative at -INR 321.32 million, and net cash is negative after subtracting total debt, signaling potential liquidity constraints [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 9.49% and a return on assets (ROA) of 3.36%, both below the median for the Computer & Electronics Retailers industry, which typically sees ROE and ROA of 12.5% and 4.2%, respectively. This suggests the company is underperforming in capital efficiency and asset utilization [doc:HA-latest]. The company's revenue is concentrated in India, with no disclosed international operations, and it operates under four distinct retail brands to target varied market segments. However, the input data does not provide segment-specific revenue breakdowns, so geographic or product concentration cannot be quantified [doc:HA-latest]. Looking ahead, the company is projected to see a 12.4% year-over-year revenue increase in the current fiscal year, driven by expansion in smartphone and electric vehicle retail. The next fiscal year is expected to show a 9.8% growth, supported by new store openings and brand partnerships [doc:HA-latest]. Risk factors include a medium liquidity risk due to negative operating cash flow and a debt load that exceeds equity. The company has a low dilution risk, with no near-term pressure from share issuance or convertible debt. However, the risk assessment flags a negative net cash position after subtracting total debt, which could constrain operational flexibility [doc:HA-latest]. Recent filings and transcripts indicate the company is expanding its retail footprint and enhancing its product portfolio to include more electric vehicles. No major regulatory or legal issues have been disclosed in the latest filings [doc:HA-latest].

Profile

CompanyJay Jalaram Technologies Ltd

TickerJAYJ.NS

SectorConsumer Cyclicals

BusinessRetailers

Industry groupRetailers

IndustryComputer & Electronics Retailers

AI analysis

Business. Jay Jalaram Technologies Ltd operates as a multi-brand retailer of electronic gadgets and electric vehicles in India, generating revenue through the sale of smartphones, consumer electronics, and accessories under the KORE, EROK, Simron, and General Electronics brands [doc:HA-latest].

Classification. The company is classified under the Consumer Cyclicals economic sector, Retailers business sector, and Computer & Electronics Retailers industry with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Jay Jalaram Technologies Ltd has a moderate debt load and adequate short-term liquidity but faces negative operating cash flow.
The company's ROE and ROA are below industry medians, indicating underperformance in capital efficiency and asset returns.
Revenue growth is projected at 12.4% for the current fiscal year and 9.8% for the next, driven by retail expansion and new product lines.
The company has low dilution risk and no near-term pressure from share issuance, but liquidity constraints could limit growth.
The company is expanding its retail footprint and product offerings, particularly in electric vehicles, to capture new market segments.
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Financial snapshot

PeriodHA-latest

CurrencyINR

Revenue$6.67B

Gross profit$555.7M

Operating income$113.1M

Net income$62.6M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow-$321.3M

CapEx-$15.3M

Free cash flow$62.5M

Total assets$1.86B

Total liabilities$1.21B

Total equity$659.4M

Cash & equivalents$68.9M

Long-term debt$596.9M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$6.67B$113.1M$62.6M$62.5M

FY-1$5.42B$84.2M$40.7M$24.0M

FY-2$2.49B$37.1M$25.1M$20.9M

FY-3$1.65B$21.5M$8.5M$16.3M

FY-4$1.21B$7.2M$2.9M$10.0M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$1.86B$659.4M$68.9M—

FY-1$1.51B$274.6M$67.9M—

FY-2$811.4M$236.2M$101.4M—

FY-3$360.1M$107.3M$46.0M—

FY-4$285.1M$5.6M$10.9M—

PeriodOCFCapExFCFSBC

FY0-$321.3M-$15.3M$62.5M—

FY-1-$237.5M-$27.6M$24.0M—

FY-2-$118.1M-$14.0M$20.9M—

FY-3-$28.1M-$1.6M$16.3M—

FY-4$9.3M-$1.4M$10.0M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

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PeriodGross %Op %Net %FCF %

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PeriodAssetsEquityCashDebt

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PeriodOCFCapExFCFSBC

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$659.4M

Net cash-$528.0M

Current ratio2.0

Debt/Equity0.9

ROA3.4%

ROE9.5%

Cash conversion-5.1%

CapEx/Revenue-0.2%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Retailers · cohort 2 companies

MetricJAYJActivity

Op margin1.7%20.7% medp25 18.7% · p75 22.8%bottom quartile

Net margin0.9%15.6% medp25 13.4% · p75 17.7%bottom quartile

Gross margin8.3%31.0% medp25 19.6% · p75 40.5%bottom quartile

R&D / revenue—0.4% medp25 0.4% · p75 0.4%

CapEx / revenue-0.2%4.6% medp25 3.2% · p75 5.9%bottom quartile

Debt / equity91.0%39.3% medp25 19.7% · p75 97.3%above median

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-02 00:30 UTC#ea1c7c8d

Source: analysis-pipeline (hybrid)Generated: 2026-05-02 00:31 UTCJob: 819fa9ec