
About Joindre Capital Services Limited
Data last updated:
Joindre Capital Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 21 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L67120MH1995PLC086659. The company has 3 GST registrations on record, none of which is active. It is a listed company as per MCA records. Its shares are listed on BSE: 531861.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.84 Cr. It is led by directors including Anil Devichand Mutha (Whole-Time Director) and Paras Kesharmal Bathia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 09 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 29 – 32 3rd Floor 9/15 Bansilal Building Homi Modi Street Fort, Mumbai, Maharashtra, India – 400023.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹40.39 Cr, a decline of 16.4% compared to the previous year. For the same year it recorded a net profit of ₹5.83 Cr (net margin 14.4%) and EBITDA of ₹11.23 Cr (EBITDA margin 27.8%). The net worth stands at ₹90.82 Cr (up 14.2% YoY). Total assets are valued at ₹91.3 Cr (up 13.3% YoY).
The company has about 58 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Joindre. As per MCA filings, the company has open charges of ₹30 Cr on record. Court records list 78 cases involving the company, including 47 filed by the company and 31 filed against it; 6 cases are pending. The company has 10 deals on record (10 market trades); the latest was in June 2021. Its 5 peer companies in the BFSI industry (Broking Services, Capital Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 3 larger and 2 smaller; the largest is Pioneer Securities Private Limited with revenue of ₹26.15 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website joindre.com.
Company details
CIN history
Joindre Capital Services has one previous CIN (Corporate Identification Number): U67120MH1995PLC086659. The current CIN is L67120MH1995PLC086659, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67120MH1995PLC086659 | Current |
| U67120MH1995PLC086659 | Previous |
Contact details
Joindre Capital Services Limited's registered office is in Mumbai, Maharashtra. Its website is joindre.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address29 – 32 3rd Floor 9/15 Bansilal Building Homi Modi Street Fort, Mumbai, Maharashtra, India – 400023
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Joindre Capital Services 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
Brands
Joindre Capital Services operates one associated brand: JOINDRE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brokerage, equity, derivatives, and commodity trading services are provided. | joindre.com |
Business activity
The main business activity of Joindre Capital Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Joindre Capital Services Limited, buy the company report.
Financials of Joindre Capital Services Limited
FY 2025-26 filings availableJoindre Capital Services Limited reported revenue of ₹40.39 Cr (down 16.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 40.39 | 48.34 | 41.51 | 28.98 | 37.56 | 28.20 | 20.83 |
| Revenue growth | -16.5% | +16.5% | +43.2% | -22.8% | +33.2% | +35.4% | - |
| EBITDA | 11.23 | 15.16 | 4.34 | 5.44 | 8.82 | 5.36 | 2.09 |
| EBITDA margin | +27.8% | +31.4% | +10.5% | +18.8% | +23.5% | +19.0% | +10.0% |
| Profit before tax | 16.72 | 13.37 | 3.12 | 4.27 | 8.03 | 4.61 | 1.58 |
| Net profit | 5.83 | 9.86 | 1.61 | 3.09 | 6.28 | 3.28 | 1.16 |
| Net profit margin | +14.4% | +20.4% | +3.9% | +10.7% | +16.7% | +11.6% | +5.6% |
| EPS (₹) | 10.11 | 7.20 | 0.35 | 2.22 | 4.53 | 2.36 | 0.85 |
| Balance sheet | |||||||
| Total assets | 91.30 | 80.56 | 87.14 | 76.18 | 74.92 | 74.23 | 60.32 |
| Net worth | 90.82 | 79.54 | 72.35 | 71.74 | 69.80 | 64.73 | 60.33 |
| Total debt | 0.49 | 1.02 | 14.80 | 4.45 | 5.12 | 9.50 | 0.00 |
| Cash & bank | 99.80 | 97.25 | 109 | 70.85 | 103 | 86.52 | 62.18 |
| Net working capital | 61.46 | 52.11 | 63.24 | 57.75 | 62.49 | 63.56 | 51.49 |
| Cash flow | |||||||
| Cash from operations | (5.27) | (5.44) | 12.81 | (26.44) | 9.56 | 21.60 | 0.54 |
| Cash from investing | 11.24 | 12.01 | 16.79 | (2.69) | 8.83 | 3.99 | 2.21 |
| Cash from financing | (3.42) | (17.89) | 8.11 | (2.84) | (2.09) | (1.25) | (1.53) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.71 | 9.91 | 9.89 | 10.31 | 10.14 | 9.77 | 10.91 | 14.60 |
| Revenue growth (YoY) | +5.6% | +1.4% | -9.4% | -29.4% | -22.3% | - | - | - |
| Other income | 0.00 | 7.01 | 0.00 | 0.14 | 0.00 | 0.14 | 0.00 | 0.00 |
| EBITDA | 3.13 | 2.02 | 2.66 | 3.21 | 2.94 | 2.96 | 2.97 | 4.82 |
| EBITDA margin | +29.2% | +20.4% | +26.9% | +31.1% | +29.0% | +30.3% | +27.2% | +33.0% |
| Depreciation | 0.11 | 0.12 | 0.12 | 0.16 | 0.18 | 0.18 | 0.16 | 0.17 |
| Interest | 0.13 | 0.17 | 0.26 | 0.17 | 0.08 | 0.10 | 0.18 | 0.25 |
| Profit before tax | 2.89 | 8.74 | 2.28 | 3.02 | 2.68 | 2.82 | 2.63 | 4.40 |
| Tax | 0.78 | 0.46 | 0.62 | 0.95 | 0.70 | 0.71 | 2.70 | 1.15 |
| Net profit | 2.11 | 8.28 | 1.66 | 2.07 | 1.98 | 2.11 | (0.07) | 3.25 |
| EPS (₹) | 1.53 | 5.99 | 1.20 | 1.49 | 1.43 | 1.52 | (0.05) | 2.35 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 40.39 | 48.34 | 41.51 | 28.97 | 37.56 | 28.18 | 20.80 |
| Revenue growth | -16.5% | +16.5% | +43.3% | -22.9% | +33.3% | +35.5% | - |
| EBITDA | 11.30 | 15.16 | 4.34 | 5.44 | 8.86 | 5.37 | 2.11 |
| EBITDA margin | +28.0% | +31.4% | +10.5% | +18.8% | +23.6% | +19.1% | +10.1% |
| Profit before tax | 16.79 | 13.37 | 3.12 | 4.27 | 8.07 | 4.67 | 1.60 |
| Net profit | 5.88 | 9.79 | 1.62 | 3.09 | 6.30 | 3.32 | 1.18 |
| Net profit margin | +14.6% | +20.3% | +3.9% | +10.7% | +16.8% | +11.8% | +5.7% |
| EPS (₹) | 10.15 | 7.20 | 0.36 | 2.23 | 4.56 | 2.39 | 0.86 |
| Balance sheet | |||||||
| Total assets | 90.96 | 80.17 | 86.74 | 75.79 | 74.52 | 73.79 | 59.84 |
| Net worth | 90.48 | 79.15 | 71.95 | 71.34 | 69.40 | 64.30 | 59.84 |
| Total debt | 0.49 | 1.02 | 14.80 | 4.45 | 5.12 | 9.50 | 0.00 |
| Cash & bank | 99.69 | 97.07 | 108 | 70.67 | 103 | 85.95 | 61.89 |
| Net working capital | 60.43 | 50.98 | 62.12 | 56.63 | 61.35 | 61.75 | 50.27 |
| Cash flow | |||||||
| Cash from operations | (5.19) | (5.44) | 12.82 | (26.44) | 9.95 | 21.28 | 0.85 |
| Cash from investing | 11.23 | 12.01 | 16.79 | (2.69) | 8.83 | 3.98 | 2.19 |
| Cash from financing | (3.42) | (17.89) | 8.11 | (2.84) | (2.09) | (1.20) | (1.53) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.71 | 9.91 | 9.89 | 10.31 | 10.14 | 9.77 | 10.91 | 14.61 |
| Revenue growth (YoY) | +5.6% | +1.4% | -9.4% | -29.4% | -22.3% | - | - | - |
| Other income | 0.00 | 7.01 | 0.00 | 0.14 | 0.00 | 0.14 | 0.00 | 0.00 |
| Total expenses | 7.58 | 7.89 | 7.23 | 7.04 | 7.20 | 6.80 | 7.94 | 9.78 |
| EBITDA | 3.13 | 2.02 | 2.66 | 3.27 | 2.94 | 2.97 | 2.97 | 4.83 |
| EBITDA margin | +30.7% | +21.5% | +28.2% | +33.2% | +30.5% | +32.0% | +28.6% | +35.1% |
| Depreciation | 0.11 | 0.12 | 0.12 | 0.16 | 0.18 | 0.18 | 0.16 | 0.17 |
| Interest | 0.13 | 0.17 | 0.26 | 0.17 | 0.08 | 0.10 | 0.18 | 0.25 |
| Profit before tax | 2.89 | 8.74 | 2.28 | 3.08 | 2.68 | 2.83 | 2.63 | 4.41 |
| Tax | 0.78 | 0.46 | 0.62 | 0.96 | 0.70 | 0.71 | 0.70 | 1.15 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.71 | 9.91 | 9.89 | 10.31 | 10.14 | 9.77 | 10.91 | 14.60 |
| Revenue growth (YoY) | +5.6% | +1.4% | -9.4% | -29.4% | -22.3% | - | - | - |
| Other income | 0.00 | 7.01 | 0.00 | 0.14 | 0.00 | 0.14 | 0.00 | 0.00 |
| EBITDA | 3.13 | 2.02 | 2.66 | 3.21 | 2.94 | 2.96 | 2.97 | 4.82 |
| EBITDA margin | +29.2% | +20.4% | +26.9% | +31.1% | +29.0% | +30.3% | +27.2% | +33.0% |
| Depreciation | 0.11 | 0.12 | 0.12 | 0.16 | 0.18 | 0.18 | 0.16 | 0.17 |
| Interest | 0.13 | 0.17 | 0.26 | 0.17 | 0.08 | 0.10 | 0.18 | 0.25 |
| Profit before tax | 2.89 | 8.74 | 2.28 | 3.02 | 2.68 | 2.82 | 2.63 | 4.40 |
| Tax | 0.78 | 0.46 | 0.62 | 0.95 | 0.70 | 0.71 | 2.70 | 1.15 |
| Net profit | 2.11 | 8.28 | 1.66 | 2.07 | 1.98 | 2.11 | (0.07) | 3.25 |
| EPS (₹) | 1.53 | 5.99 | 1.20 | 1.49 | 1.43 | 1.52 | (0.05) | 2.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 40.39 | 48.34 | 41.51 | 28.98 | 37.56 | 28.20 | 20.83 |
| Revenue growth | -16.5% | +16.5% | +43.2% | -22.8% | +33.2% | +35.4% | - |
| Other income | 7.01 | 0.14 | 0.00 | 0.00 | 0.57 | 0.00 | 0.07 |
| Total expenses | 29.16 | 33.18 | 37.17 | 23.54 | 28.74 | 22.84 | 18.74 |
| Employee cost | 6.97 | 6.49 | 6.03 | 5.87 | 6.12 | 4.89 | 4.86 |
| EBITDA | 11.23 | 15.16 | 4.34 | 5.44 | 8.82 | 5.36 | 2.09 |
| EBITDA margin | +27.8% | +31.4% | +10.5% | +18.8% | +23.5% | +19.0% | +10.0% |
| Depreciation | 0.58 | 0.67 | 0.56 | 0.47 | 0.31 | 0.16 | 0.14 |
| Interest | 0.94 | 1.26 | 0.66 | 0.70 | 1.05 | 0.59 | 0.44 |
| Profit before tax | 16.72 | 13.37 | 3.12 | 4.27 | 8.03 | 4.61 | 1.58 |
| Tax | 2.73 | 3.41 | 2.63 | 1.18 | 1.75 | 1.33 | 0.42 |
| Net profit | 5.83 | 9.86 | 1.61 | 3.09 | 6.28 | 3.28 | 1.16 |
| Net profit margin | +14.4% | +20.4% | +3.9% | +10.7% | +16.7% | +11.6% | +5.6% |
| EPS (₹) | 10.11 | 7.20 | 0.35 | 2.22 | 4.53 | 2.36 | 0.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 |
| Reserves & surplus | 76.98 | 65.70 | 58.51 | 57.90 | 55.96 | 50.89 | 46.49 |
| Shareholders' funds (net worth) | 90.82 | 79.54 | 72.35 | 71.74 | 69.80 | 64.73 | 60.33 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.27 | 0.00 | 13.78 | 3.20 | 3.61 | 9.50 | 0.00 |
| Unsecured loans | 0.22 | 1.02 | 1.02 | 1.25 | 1.51 | 0.00 | 0.00 |
| Total debt | 0.49 | 1.02 | 14.80 | 4.45 | 5.12 | 9.50 | 0.00 |
| Total liabilities | 91.30 | 80.56 | 87.14 | 76.18 | 74.92 | 74.23 | 60.32 |
| Assets | |||||||
| Gross block | 1.94 | 4.20 | 3.41 | 3.07 | 2.71 | 0.93 | 0.84 |
| Net block | 1.06 | 1.82 | 1.56 | 1.78 | 1.90 | 0.43 | 0.50 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 8.97 | 9.53 | 9.44 | 15.83 | 7.67 | 9.64 | 6.67 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 10.20 | 7.33 | 9.43 | 10.34 | 5.20 | 7.19 | 8.80 |
| Cash & bank balances | 99.80 | 97.25 | 109 | 70.85 | 103 | 86.52 | 62.18 |
| Loans & advances | 35.14 | 12.08 | 31.29 | 11.96 | 11.53 | 12.33 | 12.64 |
| Total current assets | 145 | 117 | 149 | 93.15 | 120 | 106 | 83.62 |
| Total current liabilities | 83.68 | 64.55 | 86.04 | 35.40 | 57.06 | 42.48 | 32.13 |
| Net working capital | 61.46 | 52.11 | 63.24 | 57.75 | 62.49 | 63.56 | 51.49 |
| Total assets | 91.30 | 80.56 | 87.14 | 76.18 | 74.92 | 74.23 | 60.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 97.25 | 109 | 70.85 | 103 | 86.52 | 62.18 | 60.96 |
| Net cash from operating activities | (5.27) | (5.44) | 12.81 | (26.44) | 9.56 | 21.60 | 0.54 |
| Net cash from investing activities | 11.24 | 12.01 | 16.79 | (2.69) | 8.83 | 3.99 | 2.21 |
| Net cash from financing activities | (3.42) | (17.89) | 8.11 | (2.84) | (2.09) | (1.25) | (1.53) |
| Net change in cash | 2.55 | (11.32) | 37.71 | (31.97) | 16.30 | 24.34 | 1.22 |
| Closing cash | 99.80 | 97.25 | 109 | 70.85 | 103 | 86.52 | 62.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -16.5% | +16.5% | +43.2% | -22.8% | +33.2% | +35.4% | - |
| EBITDA growth | -25.9% | +249.3% | -20.2% | -38.3% | +64.6% | +156.5% | - |
| PBT growth | +25.1% | +328.5% | -26.9% | -46.8% | +74.2% | +191.8% | -54.1% |
| Net income growth | -40.9% | +512.4% | -47.9% | -50.8% | +91.5% | +182.8% | - |
| Revenue CAGR (3Y) | +11.7% | +8.8% | +13.8% | +11.6% | +17.3% | -3.7% | -5.2% |
| EBITDA CAGR (3Y) | +27.3% | +19.8% | -6.8% | +37.6% | +37.0% | -8.8% | -21.3% |
| Profitability & leverage | |||||||
| Net income margin | +34.6% | +20.6% | +1.2% | +10.7% | +16.7% | +11.6% | +5.6% |
| Return on capital employed | +12.4% | +17.5% | +13.2% | +6.6% | +12.2% | +7.7% | +3.3% |
| Return on net worth | +6.8% | +13.1% | +2.2% | +4.4% | +9.3% | +5.2% | +1.9% |
| Debt / equity | 0.01 | 0.10 | 0.13 | 0.07 | 0.11 | 0.08 | 0.00 |
| Long-term debt / equity | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 |
| Interest cover | 8.83 | 8.70 | 17.46 | 14.08 | 12.34 | 11.35 | 22.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 15.44 | 12.74 | 12.81 | 10.03 | 20.95 | 31.86 | 27.68 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 5.41 | 5.79 | 4.20 | 3.73 | 6.15 | 3.53 | 2.70 |
| EPS (₹) | 10.11 | 7.20 | 0.35 | 2.22 | 4.53 | 2.36 | 0.85 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 1.25 | 1.25 | 1.00 | 0.60 |
| Book value per share (₹) | 65.64 | 57.49 | 52.28 | 51.85 | 50.44 | 46.78 | 43.60 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.71 | 9.91 | 9.89 | 10.31 | 10.14 | 9.77 | 10.91 | 14.61 |
| Revenue growth (YoY) | +5.6% | +1.4% | -9.4% | -29.4% | -22.3% | - | - | - |
| Other income | 0.00 | 7.01 | 0.00 | 0.14 | 0.00 | 0.14 | 0.00 | 0.00 |
| Total expenses | 7.58 | 7.89 | 7.23 | 7.04 | 7.20 | 6.80 | 7.94 | 9.78 |
| EBITDA | 3.13 | 2.02 | 2.66 | 3.27 | 2.94 | 2.97 | 2.97 | 4.83 |
| EBITDA margin | +30.7% | +21.5% | +28.2% | +33.2% | +30.5% | +32.0% | +28.6% | +35.1% |
| Depreciation | 0.11 | 0.12 | 0.12 | 0.16 | 0.18 | 0.18 | 0.16 | 0.17 |
| Interest | 0.13 | 0.17 | 0.26 | 0.17 | 0.08 | 0.10 | 0.18 | 0.25 |
| Profit before tax | 2.89 | 8.74 | 2.28 | 3.08 | 2.68 | 2.83 | 2.63 | 4.41 |
| Tax | 0.78 | 0.46 | 0.62 | 0.96 | 0.70 | 0.71 | 0.70 | 1.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 40.39 | 48.34 | 41.51 | 28.97 | 37.56 | 28.18 | 20.80 |
| Revenue growth | -16.5% | +16.5% | +43.3% | -22.9% | +33.3% | +35.5% | - |
| Other income | 7.01 | 0.14 | 0.00 | 0.00 | 0.57 | 0.00 | 0.06 |
| Total expenses | 29.09 | 33.18 | 37.17 | 23.53 | 28.70 | 22.81 | 18.69 |
| Employee cost | 6.97 | 6.49 | 6.03 | 5.87 | 6.12 | 4.89 | 4.86 |
| EBITDA | 11.30 | 15.16 | 4.34 | 5.44 | 8.86 | 5.37 | 2.11 |
| EBITDA margin | +28.0% | +31.4% | +10.5% | +18.8% | +23.6% | +19.1% | +10.1% |
| Depreciation | 0.58 | 0.67 | 0.56 | 0.47 | 0.31 | 0.16 | 0.14 |
| Interest | 0.94 | 1.26 | 0.66 | 0.70 | 1.05 | 0.54 | 0.43 |
| Profit before tax | 16.79 | 13.37 | 3.12 | 4.27 | 8.07 | 4.67 | 1.60 |
| Tax | 2.75 | 3.41 | 2.63 | 1.18 | 1.77 | 1.35 | 0.42 |
| Net profit | 5.88 | 9.79 | 1.62 | 3.09 | 6.30 | 3.32 | 1.18 |
| Net profit margin | +14.6% | +20.3% | +3.9% | +10.7% | +16.8% | +11.8% | +5.7% |
| EPS (₹) | 10.15 | 7.20 | 0.36 | 2.23 | 4.56 | 2.39 | 0.86 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 |
| Reserves & surplus | 76.64 | 65.31 | 58.11 | 57.50 | 55.56 | 50.46 | 46.00 |
| Shareholders' funds (net worth) | 90.48 | 79.15 | 71.95 | 71.34 | 69.40 | 64.30 | 59.84 |
| Secured loans | 0.27 | 0.00 | 13.78 | 3.20 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.22 | 1.02 | 1.02 | 1.25 | 5.12 | 9.50 | 0.00 |
| Total debt | 0.49 | 1.02 | 14.80 | 4.45 | 5.12 | 9.50 | 0.00 |
| Total liabilities | 90.96 | 80.17 | 86.74 | 75.79 | 74.52 | 73.79 | 59.84 |
| Assets | |||||||
| Gross block | 1.94 | 4.20 | 3.41 | 3.07 | 2.71 | 0.93 | 0.84 |
| Net block | 1.06 | 1.82 | 1.56 | 1.78 | 1.90 | 0.43 | 0.50 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.72 | 10.28 | 10.19 | 16.59 | 8.43 | 10.40 | 7.43 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 10.20 | 7.33 | 9.43 | 10.34 | 5.20 | 4.96 | 8.80 |
| Cash & bank balances | 99.69 | 97.07 | 108 | 70.67 | 103 | 85.95 | 61.89 |
| Loans & advances | 34.21 | 11.13 | 30.35 | 11.02 | 10.58 | 11.32 | 11.70 |
| Total current assets | 144 | 116 | 148 | 92.03 | 118 | 102 | 82.39 |
| Total current liabilities | 83.67 | 64.55 | 86.04 | 35.40 | 57.06 | 40.48 | 32.12 |
| Net working capital | 60.43 | 50.98 | 62.12 | 56.63 | 61.35 | 61.75 | 50.27 |
| Total assets | 90.96 | 80.17 | 86.74 | 75.79 | 74.52 | 73.79 | 59.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 97.07 | 108 | 70.67 | 103 | 85.95 | 61.89 | 60.39 |
| Net cash from operating activities | (5.19) | (5.44) | 12.82 | (26.44) | 9.95 | 21.28 | 0.85 |
| Net cash from investing activities | 11.23 | 12.01 | 16.79 | (2.69) | 8.83 | 3.98 | 2.19 |
| Net cash from financing activities | (3.42) | (17.89) | 8.11 | (2.84) | (2.09) | (1.20) | (1.53) |
| Net change in cash | 2.62 | (11.31) | 37.71 | (31.97) | 16.69 | 24.05 | 1.50 |
| Closing cash | 99.69 | 97.07 | 108 | 70.67 | 103 | 85.95 | 61.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -16.5% | +16.5% | +43.3% | -22.9% | +33.3% | +35.5% | - |
| EBITDA growth | -25.5% | +249.3% | -20.2% | -38.6% | +65.0% | +154.5% | - |
| PBT growth | +25.6% | +328.5% | -26.9% | -47.1% | +72.8% | +191.9% | -53.4% |
| Net income growth | -39.9% | +504.3% | -47.6% | -51.0% | +89.8% | +181.4% | - |
| Revenue CAGR (3Y) | +11.7% | +8.8% | +13.8% | +11.7% | +17.5% | -3.7% | -5.1% |
| EBITDA CAGR (3Y) | +27.6% | +19.6% | -6.9% | +37.1% | +37.5% | -8.8% | -21.1% |
| Profitability & leverage | |||||||
| Net income margin | +34.8% | +20.6% | +1.2% | +10.7% | +16.8% | +11.8% | +5.7% |
| Return on capital employed | +12.5% | +17.5% | +13.3% | +6.6% | +12.3% | +7.8% | +3.4% |
| Return on net worth | +6.9% | +13.2% | +2.3% | +4.4% | +9.4% | +5.3% | +2.0% |
| Debt / equity | 0.01 | 0.10 | 0.13 | 0.07 | 0.11 | 0.08 | 0.00 |
| Long-term debt / equity | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 |
| Interest cover | 8.77 | 8.70 | 17.46 | 14.08 | 12.28 | 10.36 | 21.83 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 15.44 | 12.74 | 12.81 | 10.02 | 20.95 | 31.84 | 27.63 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 5.41 | 5.79 | 4.20 | 3.73 | 7.51 | 4.10 | 2.70 |
| EPS (₹) | 10.15 | 7.20 | 0.36 | 2.23 | 4.56 | 2.39 | 0.86 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 1.25 | 1.25 | 1.00 | 0.60 |
| Book value per share (₹) | 65.39 | 57.20 | 52.00 | 51.56 | 50.15 | 46.47 | 43.25 |
To see the full year-wise statements and ratios of Joindre Capital Services Limited, buy the company report.
Board of directors of Joindre Capital Services Limited
Joindre Capital Services has 7 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Devichand Mutha | Whole-Time Director | 15 Sep 2015 | 11 Years 1 Months | Current |
| Pooja Bajaj | Director | 22 Oct 2022 | 4 Years 0 Months | Current |
| Paras Kesharmal Bathia | Whole-Time Director | 15 Sep 2015 | 11 Years 1 Months | Current |
| Dinesh Kumar Jankilal Khandelwal | Whole-Time Director | 21 Mar 1995 | 31 Years 7 Months | Current |
| Jeha Sanjay Shah Also directs: Shubhakamana Mercantiles Private Limited | Director | 05 Sep 2019 | 7 Years 1 Months | Current |
| Shirish Suryakant Shetye Also directs: Sav & Associates LLP, Vriksha Investments Pvt Ltd, Shirish Shetye Corporate Consultants Private Limited and 2 more | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Joindre Capital Services Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Broking Services, Capital Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Joindre Capital Services Limitedthis company | ₹40.39 Cr (FY 2026) | ₹5.83 Cr | 14.4% | -16.4% | 58 | Mumbai, Maharashtra, India |
| Pioneer Securities Private Limited | ₹26.15 Cr (FY 2024) | -93.0% | New Delhi, Delhi, India | |||
| Sugal Earthen Spaces Ventures Limited | ₹26.14 Cr (FY 2025) | 309.0% | Chennai, Tamil Nadu, India | |||
| SPFL Securities Limited | ₹26.12 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Jyoti Broking Private Limited | ₹25.95 Cr (FY 2025) | -18.0% | Gurgaon, Haryana, India | |||
| Mib Securities India Private Limited | ₹25.8 Cr (FY 2025) | 44.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Joindre Capital Services Limited, buy the company report.
Auditor
Joindre Capital Services Limited is audited by JIGNA SHETH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIGNA SHETH & ASSOCIATES | FY 2019 | 134922W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 64.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 36.00%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 64.00% | 63.70% | 63.70% | 63.70% |
| Public | 36.00% | 36.30% | 36.30% | 36.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2021 | 100505166 | Bank of India | ₹30 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Joindre Capital Services Limited has 10 deals on record (10 market trades); the latest was in June 2021.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Market trade | ₹32.7 Lakh | Seller: an individual |
| Aug 2014 | Market trade | ₹24 Lakh | Buyer: an individual Seller: Jinal Capital Services Private Limited |
| Aug 2014 | Market trade | ₹20 Lakh | Buyer: an individual Seller: Jinal Capital Services Private Limited |
| Mar 2013 | Market trade | ₹34.2 Lakh | Buyer: Jinal Capital Services Private Limited Seller: Grebal Capital Services Private Limited |
| Mar 2009 | Market trade | ₹18.9 Lakh | Buyer: Neharaj Stock Brokers Private Limited |
To see the full deal history of Joindre Capital Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Joindre Capital Services Limited has 78 court cases on record: 47 filed by Joindre Capital Services, 31 filed against it. 6 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 52 | 22 | 4 |
| District courts | 24 | 9 | 2 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APEAL) | Filed by the company against Joindre Finance Private Limited and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Kamani Tubes Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Ms Niit Limited and 3 others | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Kamani Tubes Limited | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Kamani Tubes Limited | Disposed |
To see the full case history of Joindre Capital Services 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 Joindre Capital Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Joindre Capital Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Joindre Commodities Limited | U67120MH2001PLC130384 |
To see the full group structure of Joindre Capital Services Limited, buy the company report.
Employees & EPFO
Joindre Capital Services Limited has a workforce of 58 employees on its EPFO records as of Apr 10, 2024, across 5 active EPFO establishments.
GST
Joindre Capital Services has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Joindre Capital Services Limited, buy the company report.
Recent activity
Joindre Capital Services Limited has 40 board changes on record since 1995: 24 appointments and 16 cessations. The latest: Subhash Chandra Agarwal ceased to be Whole-Time Director on 01 Jun 2025.
32 earlier events are in the company report.
News
Frequently asked questions
Joindre Capital Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 21 March 1995 (31+ years old) and is registered under CIN L67120MH1995PLC086659. Listed on BSE: 531861.
Joindre Capital Services reported revenue of ₹40.39 Cr for FY 2025-26 (down 16.4% YoY) based on consolidated financials.
Joindre Capital Services has 7 current directors:
- Anil Devichand Mutha - Whole-Time Director
- Paras Kesharmal Bathia - Whole-Time Director
- Dinesh Kumar Jankilal Khandelwal - Whole-Time Director
- Pooja Bajaj - Director
- Jeha Sanjay Shah - Director
- Shirish Suryakant Shetye - Director
- Rakesh Radhakishan Sharma - Director
The latest financial statements of Joindre Capital Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 09 August 2025. Year-wise statements from 2015 are in the company report.
No. Joindre Capital Services has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Joindre Capital Services is L67120MH1995PLC086659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Joindre Capital Services is a listed company as per MCA records. Its shares are listed on BSE (code: 531861).
Joindre Capital Services has 78 court cases on record: 47 filed by the company and 31 filed against it. 6 are pending. Most are in the high courts.
Joindre Capital Services was incorporated on 21 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Joindre Capital Services has 10 deals on record (10 market trades); the latest was in June 2021.
The peers of Joindre Capital Services by revenue are Pioneer Securities Private Limited, Sugal Earthen Spaces Ventures Limited, SPFL Securities Limited, Jyoti Broking Private Limited, Mib Securities India Private Limited, all in the BFSI industry (Broking Services, Capital Services), with the same principal business activity (financial advisory, brokerage and consultancy services).