JSB Securities Limited
About JSB Securities Limited
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JSB Securities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of J M Financial And Investment Consultancy Services Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 20 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1989PLC052697. Its GSTIN is 27AAACJ1402A1ZH (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It is led by directors including Vikas Mukesh Shah and Prashant Choksi Kishor.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 141 Maker Chambers Iiinariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2026, the company reported a revenue of ₹15.42 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹13.37 Cr (net margin 86.8%) and EBITDA of ₹15.2 Cr (EBITDA margin 98.6%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years and 61% over five years.
Court records list 18 cases involving the company, including 7 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
JSB Securities Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address141 Maker Chambers Iiinariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services, Real Estate Financing
To see the full contact details of JSB Securities Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of JSB Securities are financial and insurance activities and real estate activities. In detail, this covers activities auxiliary to financial service and insurance activities and real estate activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | |
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of JSB Securities Limited, buy the company report.
Financials of JSB Securities Limited
FY 2026 filings availableJSB Securities Limited reported revenue of ₹15.42 Cr (down 57% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 61%. EBITDA fell 56% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.37 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.6% | ||||
| Net Profit Margin | 86.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of JSB Securities Limited, buy the company report.
Board of directors of JSB Securities Limited
JSB Securities has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Mukesh Shah | Director | 18 Jan 2022 | 4 Years 9 Months | Current |
| Prashant Choksi Kishor Also directs: JM Financial Commtrade Limited, SNK Investments Private Limited, JM Financial Trustee Company Private Limited and 2 more | Director | 27 Apr 1998 | 28 Years 6 Months | Current |
| Gagan Roshan Kothari Also directs: CR Retail Malls (India) Limited, J M Assets Management Private Limited, JM Financial Properties and Holdings Limited and 1 more | Director | 16 Dec 2021 | 4 Years 10 Months | Current |
Auditor
JSB Securities Limited is audited by ARUN ARORA & CO for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN ARORA & CO | FY 2026 | 012018 |
Shareholding
The shareholding of JSB Securities Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JSB Securities Limited, buy the company report.
Legal cases
JSB Securities Limited has 18 court cases on record: 7 filed by JSB Securities, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 11 | 0 |
| District courts | 3 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SPMA) | Filed by the company against Fairgrowth Financial Services Ltd. and 4 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Excellant Printers Pvt Ltd and Anr | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Jagdamba Chemicals Pvt Ltd and Anr | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-3, Mumbai | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax- 3 | Disposed |
To see the full case history of JSB Securities Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for JSB Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JSB Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ1402A1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JSB Securities Limited, buy the company report.
Recent activity
JSB Securities Limited has 8 board changes on record since 1998: 3 appointments and 5 cessations. The latest: Hemant Kotak Manharlal ceased to be Director on 20 Dec 2024.
Frequently asked questions
JSB Securities is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 20 July 1989 (37+ years old) and is registered under CIN U67120MH1989PLC052697.
JSB Securities has 3 current directors:
- Vikas Mukesh Shah - Director
- Prashant Choksi Kishor - Director
- Gagan Roshan Kothari - Director
The latest financial statements of JSB Securities on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of JSB Securities is 27AAACJ1402A1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of JSB Securities is U67120MH1989PLC052697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JSB Securities has 18 court cases on record: 7 filed by the company and 11 filed against it. Most are in the high courts.
JSB Securities was incorporated on 20 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemant Kotak Manharlal ceased to be Director on 20 Dec 2024. Vikas Mukesh Shah ceased to be Additional Director on 13 Sep 2022. Gagan Roshan Kothari ceased to be Director on 12 Sep 2022. JSB Securities has 8 board changes on record in total.
The registered office of JSB Securities is at 141 Maker Chambers Iiinariman Point, Mumbai, Maharashtra, India – 400021.
JSB Securities operates in the financial services industry, in the diversified financial services segment.
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