Check Before You Invest : Jet Solar Ltd

Q: Which industry/sub-sector does Jet Solar Ltd belong to?

Jet Solar Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Construction - Real Estate segment.

Q: Is Jet Solar Ltd a good quality company?

Jet Solar Ltd is a quality company, based on a multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Jet Solar Ltd undervalued or overvalued?

Jet Solar Ltd appears Undervalued, as its key valuation ratios are lower than their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 444.5, Historic Median: 306.73. Price to Book, Current: 0.83, Historic Median: 1.29. Price to Sales, Current: 28.55, Historic Median: 37.55. EV to EBITDA, Current: 295.13, Historic Median: 145.80

Q: Is Jet Solar Ltd a good buy now?

Jet Solar Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Jet Solar Ltd?

Jet Solar Ltd revenue growth is 54.3% for FY-2025, which is above its 5-year CAGR of 4.18%, indicating faster growth.

Q: Gross Profit margin of Jet Solar Ltd?

Jet Solar Ltd Gross profit margin which is the profit after deduction of direct costs, is 11.4% for FY-2025, which is below its 5-year median of 13.9%, indicating decreasing margins.

Q: Operating Profit Margin of Jet Solar Ltd?

Jet Solar Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -119.06% for FY-2025, which is below its 5-year median of -45.57% indicating decreasing margins.

Q: Net Profit Margin of Jet Solar Ltd?

Jet Solar Ltd Net Profit Margin is 7.43% for FY-2025, is below its 5-year median of 11.41%, indicating decreasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 11.4, Historic Median: 13.9. Operating Profit Margin (%), Current: -119.06, Historic Median: -45.57. Net Profit Margin (%), Current: 7.43, Historic Median: 11.41

Q: Return on Asset of Jet Solar Ltd?

Jet Solar Ltd Return on Asset is 0.27%, which is below its 5-year historical median of 0.56%, indicating deteriorated asset utilization efficiency.

Q: Return on capital employed (ROCE) of Jet Solar Ltd?

Jet Solar Ltd Return on capital employed is 0.88% for FY-2025, which is below its 5-year historical median of 0.98%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 14%, indicating value preservation.

Check Before You Invest : Jet Solar Ltd

Snapshot

Q.1 Which industry/sub-sector does Jet Solar Ltd belong to?

Jet Solar Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Construction - Real Estate segment.

Q.2 Is Jet Solar Ltd a good quality company?

Jet Solar Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Jet Solar Ltd undervalued or overvalued?

Jet Solar Ltd appears Undervalued, as its key valuation ratios are lower than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	444.5	306.73
Price to Book	0.83	1.29
Price to Sales	28.55	37.55
EV to EBITDA	295.13	145.80

Q.4 Is Jet Solar Ltd a good buy now?

Jet Solar Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Jet Solar Ltd?

Jet Solar Ltd revenue growth is 54.3% for FY-2025, which is above its 5-year CAGR of 4.18%, indicating faster growth.

Q.2 Gross Profit margin of Jet Solar Ltd?

Jet Solar Ltd Gross profit margin which is the profit after deduction of direct costs, is 11.4% for FY-2025, which is below its 5-year median of 13.9%, indicating decreasing margins.

Q.3 Operating Profit Margin of Jet Solar Ltd?

Jet Solar Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -119.06% for FY-2025, which is below its 5-year median of -45.57% indicating decreasing margins.

Q.4 Net Profit Margin of Jet Solar Ltd?

Jet Solar Ltd Net Profit Margin is 7.43% for FY-2025, is below its 5-year median of 11.41%, indicating decreasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	11.4	13.9
Operating Profit Margin (%)	-119.06	-45.57
Net Profit Margin (%)	7.43	11.41

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Jet Solar Ltd?

Jet Solar Ltd Return on Asset is 0.27%, which is below its 5-year historical median of 0.56%, indicating deteriorated asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Jet Solar Ltd?

Jet Solar Ltd Return on capital employed is 0.88% for FY-2025, which is below its 5-year historical median of 0.98%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 14%, indicating value preservation.

Q.7 Return on Equity (ROE) of Jet Solar Ltd?

Jet Solar Ltd Return on equity is 0.36% for FY-2025, which is below its 5-year historical median of 0.75%, indicating the business is making worse use of its shareholders capital.

Q.8 Cash conversion cycle of Jet Solar Ltd?

Jet Solar Ltd Cash conversion cycle is 1686 days, below its 5-year historical median of 2323 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	0.04	0.05
ROE (%)	0.36	0.75
ROCE (%)	0.88	0.98
Cash Conversion Cycle	1686 days	2323 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Jet Solar Ltd?

Jet Solar Ltd Debt-to-Equity ratio is 0.03, which is lower the industry average of 0.23, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Jet Solar Ltd?

Jet Solar Ltd Debt to cash flow from operations is -0.17, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Jet Solar Ltd?

Q.1 Promoter shareholding and pledge status of Jet Solar Ltd?

Promoters hold 12.55% of the Jet Solar Ltd, with 13.42% of their stake pledged, indicating high pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Jet Solar Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Jet Solar Ltd vs industry peers?

Jet Solar Ltd revenue CAGR is 4.18%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	54.3	0
Gross Profit Growth (%)	-14.3	14.9
Operating Profit Growth (%)	0	10.4
Net Profit Growth (%)	-33.3	17.2

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	0.04	0.1
ROE (%)	0.36	1.36
ROCE (%)	0.88	3.88
Cash Conversion Cycle (days)	1686.5	439

Valuation & price assessment

Q.1 Stock return of Jet Solar Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of -9.6% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	-9.6%	-19.8%	-16.6%	-39%

Q.2 Valuation ratios of Jet Solar Ltd vs historical?

The current P/E ratio of 444.5 is higher than its historical median of 306.73, indicating that the stock is trading above its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	444.5	306.73	33.43
Price to Book	0.83	1.29	1.53
Price to Sales	28.55	37.55	5.23
EV to EBITDA	295.13	145.80	14.43

Check more companies

1. Anant Raj

2. Brigade Enterprises

3. Aditya Birla Real

4. Sobha

5. Signatureglobal Ind.

6. Embassy Developments

7. Kalpataru

8. Dilip Buildcon

9. Valor Estate

10. Sri Lotus Developers

Check trending companies

1. IFCI Ltd.

2. Aditya Birla Lifestyle Brands Ltd.

3. Aditya Birla Capital Ltd.

4. Tata Steel Ltd.

5. Nippon Life India Asset Management Ltd.

Check Before You Invest : Jet Solar Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.