Jitf Infralogistics Limited (JITFINFRA)

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Jitf Infralogistics Limited (JITFINFRA) · mywealthgrid

About

Jitf Infralogistics operates water supply and management projects within utilities, with ₹808 Cr market cap and annual revenue scale of ₹800–900 Cr. Organized as standalone segment (consistently profitable, ₹0.8–1 Cr quarterly revenue) and consolidated operations (project-based, ₹500–900 Cr quarterly revenue with recent volatility between profit and loss).

Face value: ₹2

Market cap

₹708 Cr

P/E

—

P/B

—

Dividend yield

ROE

—

ROCE

15.9%

Debt / equity

—

OPM

19.9%

EPS (TTM)

₹-16.5

Book value

₹-199.7

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Consolidated profitability volatile: losses of ₹15.99 Cr (Sep 2025), ₹7.84 Cr (Mar 2026), ₹2.08 Cr (Jun 2026) despite operating margins of 17–21%, indicating execution or provisioning risk
EPS negative across recent quarters (−6.97, −0.49, −6.93, −2.13) with PE and ROE unavailable; limits earnings visibility and institutional appeal
Share price fell 8.55% over 1 year amid high volatility (52-week range ₹225.75–₹447.2, nearly 2x) reflecting market uncertainty about earnings path
Minimal institutional holdings (FII 1.93%, DII 0.04%)—verify whether capital structure, governance, or visibility concerns explain the absence

Generated analysis · source review pending

Growth drivers

Consolidated revenue grew 67% from ₹537.53 Cr (Sep 2025) to ₹898.33 Cr (Mar 2026); verify what drove this expansion and whether project ramp is sustainable
Operating margins of 17–21% in consolidated business (Dec 2025 achieved 18.68% OPM with ₹18.6 Cr profit) show competitive unit economics when projects execute; verify gross margins and execution probability
Company operates in water supply & management, essential infrastructure sector; verify government capex plans, concession pipeline, and tariff-setting mechanisms in served geographies

Generated analysis · source review pending

2,362 historical price candles were omitted because the exchange source has not been verified.

₹275.5-0.6%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 24.8% over the last 5 years
+High promoter holding of 63% with no pledge

Cons

−Weak interest coverage of 1.3×

Research score

Structured signal from quality, growth, valuation and momentum.

68/100

Business quality: 29
Growth: 85
Valuation: 89

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	845	929	1,235	1,590	3,284	2,265	2,808
COGS	526	543	707	774	1,706	835	1,055
Gross profit	319	386	528	816	1,578	1,430	1,753
	228	297	378	556	1,099	1,023	1,194
	91	89	150	260	479	407	559
OPM %	10.8%	9.6%	12.1%	16.3%	14.6%	18%	19.9%
Depreciation	23	23	33	58	83	79	103
Interest	200	216	253	313	317	352	401
	7	8	9	13	71	214	0
Profit before tax	-126	-141	-127	-97	150	190	55
Tax	10	-6	2	10	59	45	65
Tax %	8.2%	-4.1%	1.4%	10.2%	39.3%	23.7%	117.9%
	-136	-135	-129	-107	91	145	-10
PAT margin %	-16.1%	-14.6%	-10.4%	-6.7%	2.8%	6.4%	-0.4%
EPS (₹)	-52.9	-58.6	-56	-49.7	13.8	20.4	-18.7
EPS adjusted (₹)	-52.9	-58.7	-56	-49.7	13.8	20.4	-18.7
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	5	5	5	5	5	5	5	5
Reserves	—	-477	-629	-771	-896	-561	-516	-518
Minority interest	—	12	27	42	63	—	35	69
	—	1,970	2,423	2,931	3,301	3,772	3,503	3,946
	636	477	421	550	888	1,076	1,208	1,531
Total equity & liabilities	642	1,987	2,247	2,757	3,361	4,292	4,235	5,033
	614	603	593	1,235	1,606	1,551	1,888	1,839
CWIP	—	459	346	4	4	3	2	12
Investments	—	13	11	13	19	22	1	65
	27	911	1,298	1,505	1,731	2,716	2,343	3,117
Total assets	642	1,987	2,247	2,757	3,361	4,292	4,235	5,033

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Water Infrastructure	2,232.37	288.25	2,375.07	1,149.27	1,225.8	23.52
Urban Infrastructure	447.82	184.13

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	37.7%	41.6%	42.7%	51.3%	48%	63.1%	62.4%
EBITDA margin %	10.8%	9.6%	12.1%	16.3%	14.6%	17.9%	19.9%
EBIT margin %	8%	7.2%	9.5%	12.7%	12%	14.4%	16.2%
PAT margin %	-16.1%	-14.6%	-10.4%	-6.7%	2.8%	6.4%	-0.4%
Working capital
Receivable days	104	105	102	136	77	135	165
Inventory days	72	67	56	80	42	16	0
Payable days	181	140	105	151	83	230	289
NWC days	-5	32	53	65	36	-79	-123
Leverage
Current ratio	1.29	1.47	1.44	1.5	1.54	1.45	1.47
Debt to EBITDA	21.67	27.15	19.59	12.72	7.88	8.66	7.07
Debt to equity	-4.17	-3.88	-3.83	-3.7	-6.79	-6.86	-7.69
Interest coverage	0.4	0.3	0.5	0.7	1.4	1.1	1.3
Asset turnover	0.43	0.41	0.45	0.47	0.77	0.53	0.56
Return ratios
Return on assets %	-6.9%	-6%	-4.7%	-3.2%	2.1%	3.4%	-0.2%
Return on capital employed %	5.3%	4.9%	6.7%	9.4%	16.2%	12.3%	15.9%
Return on equity %	28.9%	21.7%	16.8%	12%	-16.3%	-28.3%	1.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	63.03%	63.03%	63.03%	63.03%	63.03%	63.03%	63.03%	63.03%	63.03%	63.03%	63.03%	63.03%
	2.42%	2.42%	2.5%	1.81%	2.22%	1.97%	2.08%	2.07%	1.95%	1.95%	1.96%	1.93%
	0.05%	0.05%	0.09%	0.62%	0.51%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	34.5%	34.5%	34.38%	34.54%	34.24%	34.96%	34.85%	34.86%	34.98%	34.98%	34.97%	35%
No. of shareholders	—	—	—	—	—	—	—	—	34,332	34,223	33,422	33,028

Promoter holding up 0 percentage points since Sep 2023.

5 deals · 5 Aug 2021 – 14 Jul 2023

Date	Client	Type	Venue	Side	Quantity	Price	Value
14 Jul 2023	CRESTA FUND LTD.	Bulk	NSE	Sell	1,65,394	₹588.28	₹9.73 Cr
18 Apr 2022	VISA CAPITAL PARTNERS	Bulk	NSE	Sell	1,67,423	₹114.79	₹1.92 Cr
18 Apr 2022	NARMADA APPLIANCES PRIVATE LIMITED	Bulk	NSE	Buy	1,67,423	₹114.80	₹1.92 Cr
16 Sept 2021	MOUNTAIN VENTURES	Bulk	NSE	Sell	1,35,000	₹121.35	₹1.64 Cr
5 Aug 2021	VISA CAPITAL PARTNERS	Bulk	NSE	Buy	3,09,395	₹34.85	₹1.08 Cr

1–5 of 5

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Raj Kamal AggarwalNon-Executive - Independent Director-Chairperson
Mr. Dhananjaya Pati TripathiNon-Executive - Independent Director
Mr. Girish sharmaNon-Executive - Independent Director
Mr. Amarendra Kumar SinhaExecutive Director
Mrs. Kanika SharmaNon-Executive - Non Independent Director
Mr. Pranay KumarNon-Executive - Non Independent Director
Mr. Sandip DuttNon - Executive Non -Independent Director
Mr. Satyakam MishraNon - Executive Independent Director
Mr. Suresh BaidNon - Executive Independent Director
Mr. Manoj Kumar AgarwalChief Financial Officer
Alok KumarCompany Secretary & Compliance Officer

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Jitf Infralogistics Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

18 announcementsExport CSV

1 Oct 2026, 1:44 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of EGM

EGM PDF

30 Sept 2026, 5:50 pmCompany Update

MINUTES OF AGM OF THE COMPANY

General PDF

29 Sept 2026, 12:08 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

10 Sept 2026, 4:24 pmCompany Update

Intimation Of Extra Ordinary General Meeting Of EGM

General PDF

10 Sept 2026, 4:21 pmCompany Update

INTIMATION OF RECONSTITUTION OF VARIOUS COMMITTEES OF BOARD OF DIRECTORS

General PDF

10 Sept 2026, 4:15 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

3 Sept 2026, 4:16 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

2 Sept 2026, 2:57 pmCompany Update

Announcement under Regulation 30 (LODR)-Retirement

Retirement PDF

Date	Category	Subject	Filing
1 Oct 2026, 1:44 pm	AGM/EGM EGM	Shareholder Meeting / Postal Ballot-Outcome of EGM	PDF
30 Sept 2026, 5:50 pm	Company Update General	MINUTES OF AGM OF THE COMPANY	PDF

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	37.7%	41.6%	42.7%	51.3%	48%	63.1%	62.4%
EBITDA margin %	10.8%	9.6%	12.1%	16.3%	14.6%	17.9%	19.9%
EBIT margin %	8%	7.2%	9.5%	12.7%	12%	14.4%	16.2%
PAT margin %	-16.1%	-14.6%	-10.4%	-6.7%	2.8%	6.4%	-0.4%
Working capital
Receivable days	104	105	102	136	77	135	165
Inventory days	72	67	56	80	42	16	0
Payable days	181	140	105	151	83	230	289
NWC days	-5	32	53	65	36	-79	-123
Leverage
Current ratio	1.29	1.47	1.44	1.5	1.54	1.45	1.47
Debt to EBITDA	21.67	27.15	19.59	12.72	7.88	8.66	7.07
Debt to equity	-4.17	-3.88	-3.83	-3.7	-6.79	-6.86	-7.69
Interest coverage	0.4	0.3	0.5	0.7	1.4	1.1	1.3
Asset turnover	0.43	0.41	0.45	0.47	0.77	0.53	0.56
Return ratios
Return on assets %	-6.9%	-6%	-4.7%	-3.2%	2.1%	3.4%	-0.2%
Return on capital employed %	5.3%	4.9%	6.7%	9.4%	16.2%	12.3%	15.9%
Return on equity %	28.9%	21.7%	16.8%	12%	-16.3%	-28.3%	1.9%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Va Tech Wabag LimitedWABAGWABAG	₹12,511 Cr	₹12,739 Cr	₹4,097 Cr	₹448 Cr	12.1%	₹394 Cr	9.4%	19.2%	18.6%	85
Ion Exchange (India) LimitedIONEXCHANGIONEXCHANG	₹5,962 Cr	₹6,416 Cr	₹3,032 Cr	₹179 Cr	7.2%	₹98 Cr	4.9%	14.3%	11.2%	44
Enviro Infra Engineers LimitedEIELEIEL	₹3,229 Cr	₹3,652 Cr	₹1,264 Cr	₹288 Cr	24.2%	₹181 Cr	16.4%	22.6%	16.4%	-88
Technocraft Ventures LimitedTECHNOCRAFTECHNOCRAF	₹1,893 Cr	₹1,983 Cr	₹345 Cr	₹70 Cr	20.3%	₹43 Cr	12.6%	40.9%	30.6%	—
Jitf Infralogistics LimitedJITFINFRAJITFINFRA	₹708 Cr	₹4,654 Cr	₹2,922 Cr	₹570 Cr	19.9%	₹-42 Cr	-0.4%	15.9%	—	-123
Denta Water And Infra Solutions LimitedDENTADENTA	₹696 Cr	₹708 Cr	₹242 Cr	₹65 Cr	29.7%	₹54 Cr	24.3%	19.1%	14%	331

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	73	21	63	190	246	185	199
	-95	-185	-307	-206	-401	187	-218
	-0	198	257	61	241	-406	86
Net cash flow	-23	35	13	46	86	-33	67
Free cash flow	-83	-169	-250	-17	-124	-96	-46
CFO / Operating profit %	80.2%	23.8%	42.4%	73.3%	51.4%	45.7%	35.6%

Jitf Infralogistics Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

1

Announcements

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Segment results

Compounded sales growth

Others · revenue

Jitf Infralogistics Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Board meetings1

Announcements

Board meetings1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Others · revenue

1

1