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Jaykay Enterprises Ltd (JAYKAY)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500306 NSE: JAYKAY Aerospace & Defense | Small Cap | Jaykay Enterprises Share Price

₹203.65 -0.30 (-0.15%)

As on 28-Sep'26 16:59

Jaykay Enterprises Ltd (JAYKAY)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500306 NSE: JAYKAY Aerospace & Defense | Small Cap | Jaykay Enterprises Share Price

₹203.65 -0.30 (-0.15%)

As on 28-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,072 Cr.
Current Price
₹203.7
52-Week Low / High
₹107 / 225
TTM EPS
₹14.4
TTM Sales
₹198 Cr.
Book Value per Share
₹55.1
P/E Ratio
14.18
Lower than its 5-year historical median
Industry PE
45.5
Price to Book (P/B)
3.69
In line with its 5-year historical median
Price to Sales (P/S)
15.55
Lower than its 5-year historical median
EV/EBITDA
60.51
In line with its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
38.57%
Outperforms industry median
Return on Capital Employed (ROCE)
37.71%
Outperforms industry median
Return on Assets (ROA)
30.07%
Operating Profit Margin
10%
Net Profit Margin
89.99%
Gross Profit Margin
24.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
2.37%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
2907.67%
Asset Quality
Promoter Holding
65.19%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹817 Cr.
Equity
₹15.1 Cr.
Face Value
₹1
All Time Low / High
₹0.68 / 225.44

Jaykay Enterprises stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Overvalued

Price Trend

Strong
Q.1 Is Jaykay Enterprises Ltd a good quality company?
Jaykay Enterprises Ltd is a weak quality company, based on a inconsistent 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.

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.

How does Jaykay Enterprises Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Jaykay Enterprises Ltd vs industry peers?
Jaykay Enterprises Ltd revenue CAGR is 278.13%, compared to the industry median CAGR of 12.65%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Jaykay Enterprises Ltd?
Promoters hold 65.19% of the Jaykay Enterprises Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Jaykay Enterprises Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 57.5% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Jaykay Enterprises Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ3.3%2.7%1.5%-0.8%24.7%-0.9%7.5%9.5%5.7%48.4%-
Value Creation
Index ⓘ
-0.8-0.8-0.9-1.10.8-1.1-0.5-0.3-0.62.5-

Growth Parameters ⓘ

Sales ⓘ0.30.30.30.30.30.20.31.95.96.13
Sales YoY Gr.-0%3.3%0%0%-51.6%100%540%207.8%2.4%-
Adj EPS ⓘ0.20.10.1-0.10.6-00.20.50.55.817.4
YoY Gr.--17.7%-28.6%-160%NA-105.4%NA133.3%10.2%964.8%-
BVPS (₹) ⓘ8.48.97.96.99.89.710.913.729.554.260.9
Adj Net
Profit ⓘ
1.210.7-0.44.6-0.32.15.47.181.1263
Cash Flow from Ops. ⓘ-7.5-2.2-0.46.4-4.3-3.4-8.6-9-11.5-2.4-
Debt/CF from Ops. ⓘ0000000-0.4-0-0.3-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ39.6%81.2%172.2%2.4%
Adj EPS ⓘ47.9%59.3%201.4%964.8%
BVPSⓘ23%40.9%70.8%83.7%
Share Price 58.5% 45.5% 74.8% -2.2%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
2.41.61.2-0.87-0.32.142.614.130.3
Op. Profit
Mgn % ⓘ
-1375.6-1535.3-1739.5-1753.8-1589.4-2717.9-1534.6-226.4-46.8-88.8-98
Net Profit
Mgn % ⓘ
396.5325.7226.6-143.61498.7-182.1717.6281.91201341.38801.7
Debt to
Equity ⓘ
0000000000-
Working Cap
Days ⓘ
21,46226,13923,36916,52414,39835,18828,58211,9133,9332,2462,726
Cash Conv.
Cycle ⓘ
3032952922762705813433192424692,551

Valuation of Jaykay Enterprises - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales0000011475381240
Operating Expenses ⓘ + 4566512454981216
Manufacturing Costs10000013813
Material Costs00000736334917
Employee Cost 223221358144
Other Costs ⓘ 223333581642
Operating Profit ⓘ -4-5-5-5-5-124-024
Operating Profit Margin (%) -1,375.6%-1,570.5%-1,739.5%-1,783.9%-1,582.5%-11.8%4.8%7.4%-0.6%10.0%
Other Income ⓘ + 668521412141843
Exceptional Items ⓘ 00000-1000177
Interest ⓘ 0000001467
Depreciation ⓘ 00000023515
Profit Before Tax ⓘ 213-1261811107222
Tax ⓘ 00000131-06
Profit After Tax 213-126188107216
PAT Margin (%) 559.0%376.9%830.6%-173.0%8,448.4%164.3%17.6%18.2%8.9%90.0%
Adjusted EPS (₹)0.20.20.4-0.13.11.90.70.80.516.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 8889685997116136179444674
Share Capital ⓘ 3.713.713.713.714.354.765.255.8512.2413.03
Reserves ⓘ 8485645592111131173432661
Debt +00000624583034
Long Term Debt00000063832
Short Term Debt00000619212731
Minority Interest000003417257
Trade Payables00000222124232
Others Liabilities ⓘ 23246619326581
Total Liabilities ⓘ 90927063103132205298607828

Fixed Assets

Net Fixed Assets ⓘ +00005526889584
Gross Block33338830103114112
Accumulated Depreciation2223234151928
CWIP ⓘ 000007172860
Investments ⓘ 484930244054625982313
Inventories0000001193942
Trade Receivables000007535011795
Cash Equivalents 192121274443421715349
Others Assets ⓘ 222218111415215893183
Total Assets ⓘ 90927063103132205298607828
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + -11-4-051-2-25-32-043
PBT ⓘ 213-1261711107222
Adjustment ⓘ -8-7-6-4-24-8-8-5-3-189
Changes in Working Capital ⓘ -51310-2-11-26-35-423
Tax Paid ⓘ 10-0000-1-2-1-13
Cash Flow From Investing Activity ⓘ + 760-613-22-3-27-105-35
Capex -0-0-0-012-12-11-14-49-34
Net Investments 32-4-9-1-22931-5973
Others ⓘ 4443211-1-444-73
Cash Flow From Financing Activity ⓘ + -0-0-0-0993262110-4
Net Proceeds from Shares ⓘ 0000945391461
Net Proceeds from Borrowing ⓘ 000000632-35-1
Interest Paid ⓘ -0-0-0-0-0-0-1-4-6-7
Dividend Paid ⓘ 0000000000
Others ⓘ 0000-0522-553
Net Cash Flow ⓘ -420-123-155354
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)2.131.293.24-0.8533.5216.536.556.092.338.57
ROCE (%)2.581.763.52-0.8533.1116.588.227.153.6137.71
Asset Turnover Ratio000000.090.280.210.180.33
PAT to CFO Conversion(x)-5.5-4-0N/A0.04-0.11-3.13-3.2-00.2
Working Capital Days
Receivable Days00000222.90232356.20376.90161.40
Inventory Days310.20310.20306.60304.60304.708.805.7070.70132.2062.20
Payable Days0000046119.80185.20199.70791

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Jaykay Enterprises Ltd FAQs

The current trading price of Jaykay Enterprises on 28-Sep-2026 16:59 is ₹203.7.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Sep-2026 the market cap of Jaykay Enterprises stood at ₹3,072.2 Cr

The latest P/E ratio of Jaykay Enterprises as of 27-Sep-2026 is 11.68.

The latest P/B ratio of Jaykay Enterprises as of 27-Sep-2026 is 3.35.

The 52-week high of Jaykay Enterprises is ₹225.4 and the 52-week low is ₹107.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jaykay Enterprises is ₹2.99 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Jaykay Enterprises Ltd is a below average quality company.

The key valuation ratios of Jaykay Enterprises Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Jaykay Enterprises Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Jaykay Enterprises Ltd

Jaykay Enterprises was originally incorporated as ‘J.K. Investment Trust Limited’ on May 17, 1943, as a public company under the provisions of the Indian Companies Act, VII of 1913 with a certificate of incorporation issued by the Registrar of Joint Stock Companies, United Provinces of Agra and Oudh on May 17, 1943. Subsequently, the name of the company was changed to ‘J.K. Synthetics Limited’, and a fresh Certificate of Incorporation consequent to the change of name was issued by the Registrar of Companies, Uttar Pradesh, Kanpur on May 09, 1961, under the provisions of the Companies Act, 1956. Further, the name of the company was changed to ‘Jaykay Enterprises Limited’ vide a fresh certificate of incorporation was issued consequent to the change of name by the Registrar of Companies, Uttar Pradesh and Uttarakhand on October 15, 2010.

The company is a part of J K Organisation, a diversified JK conglomerate. The company’s business operations are structured around three core segments: Defence & Aerospace, Digital Manufacturing & Advanced Systems and Digital Services. Through this strategic repositioning, it is steadily transforming into a future-ready Digital & Technology enterprise, with a diversified business model aligned to emerging industry opportunities. Building on its rich legacy and future-focused vision, Jaykay Enterprises continues to embody the pioneering spirit of its founders while fostering innovation, advancing technology, and promoting self-reliance in support of India’s growth.

Business area of the company

Jaykay Enterprises has diversified itself into Additive Manufacturing systems, Prototyping, powder metallurgy, large scale Digital manufacturing, Reverse Engineering and Plant modelling. In the area of Defence & Aerospace, it is engaged in engineering products across various industry verticals, software designing and development, manufacturing of parts and accessories used in defence and aerospace sector. Its work includes composite applications, under water mines and machining for aerospace sector.

History and milestones

  • 2018: The company decided to invest in the business of 3D Printing, Designing, Scanning and other related services and acquired the existing business running in the name and style of M/s. Nebula3D Services Private Limited based at Bengaluru, Karnataka by acquiring 27.65% shareholding. 
  • 2021: JKE entered into a strategic partnership with EOS Singapore Pte Ltd, one of the global leaders in 3D Metal design and printing market by entering into a Joint Venture and Shareholder Agreement with M/s Additive 3D Pte Ltd (A3D), an affiliate of EOS Singapore Pte Ltd, and incorporated Neumesh Labs Private Limited on January 04, 2021, with a shareholding as on date of 70% and 30% held by our Company and Additive 3D Pte Ltd respectively.
  • 2022: The company acquired a 99% stake in a Bangalore-based Partnership Firm, Silvergrey Engineers which is inter-alia engaged in the business of manufacturing and supplying parts and accessories to the defence equipment manufacturing industry.
  • 2023: Incorporated wholly-owned subsidiaries namely: JK Defence & Aerospace Limited and JK Digital & Advance Systems Private Limited.
  • 2023: Acquired 76.41% equity stake (through JK Defence & Aerospace Ltd.) in M/s. Allen Reinforced Plastics Private Limited (“ARPPL”/ “Allen”).
  • 2024: SEBI approved the surrender of Certificate of Registration as Registrar to an issue and share transfer agent on January 30, 2024.


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