- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-03-0000113

About JSL Industries Limited
Data last updated:
JSL Industries Limited is a public limited company based in Anand, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 13 June 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L31100GJ1966PLC001397. Its GSTIN is 24AAACJ4986F1ZI (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 504080.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.1 Cr. It is led by directors including Tejal Rahul Amin (Whole-Time Director) and Rahul Nanubhai Amin.
Its last annual general meeting (AGM) was held on 07 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mogar, Anand, Gujarat, India – 388340.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹56.43 Cr, a growth of 5.2% compared to the previous year. For the same year it recorded a net profit of ₹3.29 Cr (net margin 5.8%) and EBITDA of ₹4.15 Cr (EBITDA margin 7.4%). The net worth stands at ₹46.73 Cr (up 1.7% YoY). Total assets are valued at ₹51.81 Cr (up 0.3% YoY).
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JSL Industries. As per MCA filings, the company has open charges of ₹29.4 Cr and satisfied charges of ₹16.27 Cr on record. Court records list 22 cases involving the company, including 10 filed by the company and 12 filed against it; 1 case is pending.
JSL Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0000113). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jslmogar.com.
Company details
Recognitions & Rankings of JSL Industries
Contact details
JSL Industries Limited's registered office is in Anand, Gujarat. Its website is jslmogar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMogar, Anand, Gujarat, India – 388340
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of JSL Industries 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
JSL Industries operates one associated brand: JSL Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Transformers, motor starters, power switches, and related products are manufactured. | jslmogar.com |
Business activity
The main business activity of JSL Industries is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of JSL Industries Limited, buy the company report.
Financials of JSL Industries Limited
FY 2025-26 filings availableJSL Industries Limited reported revenue of ₹56.43 Cr (up 5.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue 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 | 56.43 | 53.63 | 51.35 | 48.89 | 55.25 | 49.68 | 49.10 |
| Revenue growth | +5.2% | +4.4% | +5.0% | -11.5% | +11.2% | +1.2% | - |
| EBITDA | 4.15 | 3.93 | 4.46 | 4.75 | 4.30 | 4.69 | 2.54 |
| EBITDA margin | +7.4% | +7.3% | +8.7% | +9.7% | +7.8% | +9.4% | +5.2% |
| Profit before tax | 4.43 | 7.62 | 8.40 | 5.52 | 3.74 | 3.45 | 0.77 |
| Net profit | 3.29 | 6.43 | 6.13 | 3.44 | 2.75 | 2.37 | 0.31 |
| Net profit margin | +5.8% | +12.0% | +11.9% | +7.0% | +5.0% | +4.8% | +0.6% |
| EPS (₹) | 28.04 | 54.93 | 52.48 | 29.31 | 23.50 | 20.44 | 2.65 |
| Balance sheet | |||||||
| Total assets | 51.81 | 51.66 | 45.80 | 38.78 | 35.25 | 33.74 | 32.18 |
| Net worth | 46.73 | 45.94 | 39.51 | 33.36 | 31.81 | 29.05 | 26.72 |
| Total debt | 2.12 | 2.69 | 3.35 | 2.55 | 0.94 | 1.87 | 2.82 |
| Cash & bank | 0.21 | 0.06 | 0.23 | 0.08 | 0.05 | 0.93 | 0.70 |
| Net working capital | 24.13 | 29.41 | 25.90 | 20.11 | 17.27 | 13.15 | 11.16 |
| Cash flow | |||||||
| Cash from operations | 8.53 | (0.16) | (2.06) | 0.73 | (4.72) | 1.24 | (2.27) |
| Cash from investing | 0.21 | 1.17 | (0.25) | (1.93) | 4.65 | (0.10) | 1.20 |
| Cash from financing | (8.75) | (1.02) | 2.31 | 1.20 | (0.46) | (0.61) | 0.97 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17.43 | 14.52 | 17.29 | 13.76 | 13.18 | 12.19 | 13.50 | 13.99 |
| Revenue growth (YoY) | +32.3% | +19.1% | +28.1% | -1.6% | +7.6% | -12.2% | - | - |
| Other income | 0.53 | 0.46 | 0.51 | 0.61 | 0.41 | 0.47 | (0.43) | 0.05 |
| Total expenses | 15.94 | 13.97 | 15.99 | 12.49 | 12.09 | 11.71 | 12.84 | 12.29 |
| EBITDA | 1.49 | 0.55 | 1.30 | 1.27 | 1.09 | 0.48 | 0.66 | 1.70 |
| EBITDA margin | +8.5% | +3.8% | +7.5% | +9.2% | +8.3% | +3.9% | +4.9% | +12.2% |
| Depreciation | 0.34 | 0.34 | 0.33 | 0.33 | 0.34 | 0.32 | 0.32 | 0.33 |
| Interest | 0.21 | 0.08 | (0.03) | 0.10 | 0.13 | 0.19 | 0.14 | 0.06 |
| Profit before tax | 1.47 | 0.59 | 1.51 | 1.45 | 1.03 | 0.44 | (0.23) | 1.36 |
| Tax | 0.35 | 0.17 | 0.31 | 0.71 | 0.07 | 0.04 | (0.05) | 0.38 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17.43 | 14.52 | 17.29 | 13.76 | 13.18 | 12.19 | 13.50 | 13.99 |
| Revenue growth (YoY) | +32.3% | +19.1% | +28.1% | -1.6% | +7.6% | -12.2% | - | - |
| Other income | 0.53 | 0.46 | 0.51 | 0.61 | 0.41 | 0.47 | (0.43) | 0.05 |
| Total expenses | 15.94 | 13.97 | 15.99 | 12.49 | 12.09 | 11.71 | 12.84 | 12.29 |
| EBITDA | 1.49 | 0.55 | 1.30 | 1.27 | 1.09 | 0.48 | 0.66 | 1.70 |
| EBITDA margin | +8.5% | +3.8% | +7.5% | +9.2% | +8.3% | +3.9% | +4.9% | +12.2% |
| Depreciation | 0.34 | 0.34 | 0.33 | 0.33 | 0.34 | 0.32 | 0.32 | 0.33 |
| Interest | 0.21 | 0.08 | (0.03) | 0.10 | 0.13 | 0.19 | 0.14 | 0.06 |
| Profit before tax | 1.47 | 0.59 | 1.51 | 1.45 | 1.03 | 0.44 | (0.23) | 1.36 |
| Tax | 0.35 | 0.17 | 0.31 | 0.71 | 0.07 | 0.04 | (0.05) | 0.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 56.43 | 53.63 | 51.35 | 48.89 | 55.25 | 49.68 | 49.10 |
| Revenue growth | +5.2% | +4.4% | +5.0% | -11.5% | +11.2% | +1.2% | - |
| Other income | 2.00 | 5.42 | 5.45 | 2.41 | 1.03 | 0.54 | 0.62 |
| Total expenses | 52.28 | 49.70 | 46.89 | 44.14 | 50.95 | 44.99 | 46.56 |
| Employee cost | 9.62 | 9.47 | 8.63 | 7.54 | 7.93 | 9.19 | 7.85 |
| EBITDA | 4.15 | 3.93 | 4.46 | 4.75 | 4.30 | 4.69 | 2.54 |
| EBITDA margin | +7.4% | +7.3% | +8.7% | +9.7% | +7.8% | +9.4% | +5.2% |
| Depreciation | 1.32 | 1.28 | 1.11 | 1.06 | 1.00 | 1.21 | 1.61 |
| Interest | 0.40 | 0.45 | 0.40 | 0.58 | 0.59 | 0.57 | 0.78 |
| Profit before tax | 4.43 | 7.62 | 8.40 | 5.52 | 3.74 | 3.45 | 0.77 |
| Tax | 1.14 | 1.17 | 2.23 | 2.09 | 0.98 | 1.03 | 0.46 |
| Net profit | 3.29 | 6.43 | 6.13 | 3.44 | 2.75 | 2.37 | 0.31 |
| Net profit margin | +5.8% | +12.0% | +11.9% | +7.0% | +5.0% | +4.8% | +0.6% |
| EPS (₹) | 28.04 | 54.93 | 52.48 | 29.31 | 23.50 | 20.44 | 2.65 |
| 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 | 1.17 | 1.17 | 1.17 | 1.17 | 3.10 | 3.10 | 3.10 |
| Reserves & surplus | 45.56 | 44.77 | 38.34 | 32.19 | 28.71 | 25.95 | 23.62 |
| Shareholders' funds (net worth) | 46.73 | 45.94 | 39.51 | 33.36 | 31.81 | 29.05 | 26.72 |
| Secured loans | 2.03 | 2.49 | 3.05 | 2.48 | 0.69 | 1.51 | 2.34 |
| Unsecured loans | 0.09 | 0.20 | 0.30 | 0.07 | 0.25 | 0.36 | 0.48 |
| Total debt | 2.12 | 2.69 | 3.35 | 2.55 | 0.94 | 1.87 | 2.82 |
| Total liabilities | 51.81 | 51.66 | 45.80 | 38.78 | 35.25 | 33.74 | 32.18 |
| Assets | |||||||
| Gross block | 40.27 | 38.76 | 38.14 | 36.78 | 35.70 | 34.73 | 34.09 |
| Net block | 16.01 | 15.83 | 16.30 | 15.78 | 15.59 | 14.77 | 15.36 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 5.28 | 8.74 | 5.61 | 1.66 | 0.27 | 5.77 | 5.77 |
| Inventories | 15.09 | 12.62 | 10.96 | 10.45 | 9.27 | 9.90 | 6.85 |
| Sundry debtors | 3.36 | 4.16 | 2.46 | 3.25 | 4.32 | 2.86 | 4.72 |
| Cash & bank balances | 0.21 | 0.06 | 0.23 | 0.08 | 0.05 | 0.93 | 0.70 |
| Loans & advances | 15.28 | 19.61 | 19.19 | 13.08 | 9.44 | 8.19 | 9.34 |
| Total current assets | 33.94 | 36.45 | 32.84 | 26.86 | 23.08 | 21.88 | 21.61 |
| Total current liabilities | 9.81 | 7.04 | 6.94 | 6.75 | 5.81 | 8.73 | 10.45 |
| Net working capital | 24.13 | 29.41 | 25.90 | 20.11 | 17.27 | 13.15 | 11.16 |
| Total assets | 51.81 | 51.66 | 45.80 | 38.78 | 35.25 | 33.74 | 32.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.01 | 0.01 | 0.02 | 0.01 | 0.55 | 0.01 | 0.11 |
| Net cash from operating activities | 8.53 | (0.16) | (2.06) | 0.73 | (4.72) | 1.24 | (2.27) |
| Net cash from investing activities | 0.21 | 1.17 | (0.25) | (1.93) | 4.65 | (0.10) | 1.20 |
| Net cash from financing activities | (8.75) | (1.02) | 2.31 | 1.20 | (0.46) | (0.61) | 0.97 |
| Net change in cash | 0.00 | 0.00 | (0.01) | 0.01 | (0.53) | 0.54 | (0.10) |
| Closing cash | 0.21 | 0.06 | 0.23 | 0.08 | 0.05 | 0.93 | 0.70 |
| 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 | +5.2% | +4.4% | +5.0% | -11.5% | +11.2% | +1.2% | - |
| EBITDA growth | +5.6% | -11.9% | -6.1% | +10.5% | -8.3% | +84.7% | - |
| PBT growth | -41.9% | -9.3% | +52.2% | +47.6% | +8.4% | +348.1% | +10.0% |
| Net income growth | -48.8% | +4.9% | +78.2% | +25.1% | +16.0% | +664.5% | - |
| Revenue CAGR (3Y) | +4.9% | -1.0% | +1.1% | -0.1% | +0.0% | +1.4% | +3.1% |
| EBITDA CAGR (3Y) | -4.4% | -3.0% | -1.7% | +23.2% | +12.4% | +21.0% | -2.5% |
| Profitability & leverage | |||||||
| Net income margin | +5.8% | +12.0% | +12.0% | +7.0% | +5.0% | +4.9% | +0.6% |
| Return on capital employed | +9.7% | +17.2% | +21.7% | +17.3% | +13.2% | +12.8% | +5.0% |
| Return on net worth | +7.4% | +15.7% | +17.8% | +11.5% | +10.3% | +9.9% | +1.3% |
| Debt / equity | 0.05 | 0.07 | 0.08 | 0.06 | 0.05 | 0.09 | 0.09 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest cover | 14.13 | 16.98 | 11.94 | 15.72 | 17.88 | 16.38 | 83.87 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.49 | 1.46 | 1.44 | 1.42 | 1.65 | 1.52 | 1.49 |
| Inventory turnover | 4.07 | 4.55 | 4.80 | 4.96 | 5.76 | 5.93 | 6.30 |
| Debtors turnover | 15.01 | 16.20 | 17.99 | 12.92 | 15.39 | 13.11 | 10.12 |
| EPS (₹) | 28.04 | 54.93 | 52.48 | 29.31 | 23.50 | 20.44 | 2.65 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 383.66 | 376.86 | 321.98 | 269.45 | 239.76 | 216.16 | 196.25 |
To see the full year-wise statements and ratios of JSL Industries Limited, buy the company report.
Board of directors of JSL Industries Limited
JSL Industries has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Nanubhai Amin Also directs: Jyoti Limited, Insutech Industries Limited | Director | 23 Aug 1980 | 46 Years 2 Months | Current |
| Tejal Rahul Amin | Whole-Time Director | 16 Jun 2003 | 23 Years 4 Months | Current |
| Bipinkumar Vasantrao Chemburkar Also directs: Capiq Engineering Pvt Ltd, Quest Systems Pvt Ltd | Director | 22 May 2025 | 1 Years 5 Months | Current |
| Pradeep Sinha | Director | 07 Feb 2025 | 1 Years 9 Months | Current |
| Pragnya Seth | Director | 19 Dec 2023 | 2 Years 10 Months | Current |
Auditor
JSL Industries Limited is audited by TALATI & TALATI LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TALATI & TALATI LLP | FY 2026 | 110758W/W100377 |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 40.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 12.60% and retail and other public shareholders hold 46.70%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 40.80% | 40.80% | 40.80% | 40.80% |
| Public | 59.20% | 59.20% | 59.20% | 59.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2012 | 10398420 | Indian Bank | ₹14.7 Cr | Open | |
| 19 Oct 2012 | 10388384 | Indian Bank | ₹14.7 Cr | Open | |
| 12 Dec 2018 | 100225957 | Vijaya Bank | ₹9.7 Lakh | Satisfied | |
| 29 Jun 2018 | 100191917 | Vijaya Bank | ₹8.8 Lakh | Satisfied | |
| 18 May 2018 | 100181303 | Vijaya Bank | ₹6.8 Lakh | Satisfied |
To see the full charge records of JSL Industries Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
JSL Industries Limited has 22 court cases on record: 10 filed by JSL Industries, 12 filed against it. 1 case is pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 3 | 1 |
| District courts | 9 | 7 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by an individual | Pending |
| NCLT, Ahmedabad | Appeal | Filed against the company by an individual | Disposed |
| District court, Kheda at Nadiad, Gujarat | Court case (REF IT) | Filed by the company against an individual | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Motor Vehicle Challan) | Filed against the company by U.P. State | Disposed |
| District court, Kheda at Nadiad, Gujarat | Court case (REF IT) | Filed against the company by an individual | Disposed |
To see the full case history of JSL Industries 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.
Credit ratings & regulatory alerts
JSL Industries Limited was last rated by Crisil on 30 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Dec 2019 |
To see the full credit ratings and regulatory alerts of JSL Industries Limited, buy the company report.
MSME payment delays
JSL Industries Limited has 8 MSME Form 1 returns on record between 2019 and 2021, listing 1,278 overdue payments to 89 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 89)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kakadia Metal Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of JSL Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
JSL Industries Limited has a workforce of 56 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
JSL Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACJ4986F1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JSL Industries Limited, buy the company report.
Recent activity
JSL Industries Limited has 16 board changes on record since 1980: 11 appointments and 5 cessations. The latest: Bipinkumar Vasantrao Chemburkar was appointed as Director on 22 May 2025.
44 earlier events are in the company report.
News
Frequently asked questions
JSL Industries is an active public limited company based in Anand, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 13 June 1966 (60+ years old) and is registered under CIN L31100GJ1966PLC001397. Listed on BSE: 504080.
JSL Industries reported revenue of ₹56.43 Cr for FY 2025-26 (up 5.2% YoY) based on standalone financials.
JSL Industries has 5 current directors:
- Tejal Rahul Amin - Whole-Time Director
- Rahul Nanubhai Amin - Director
- Bipinkumar Vasantrao Chemburkar - Director
- Pradeep Sinha - Director
- Pragnya Seth - Director
The latest financial statements of JSL Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of JSL Industries is 24AAACJ4986F1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of JSL Industries is L31100GJ1966PLC001397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. JSL Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 504080).
JSL Industries has 22 court cases on record: 10 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.
JSL Industries was incorporated on 13 June 1966, making it 60+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bipinkumar Vasantrao Chemburkar was appointed as Director on 22 May 2025. Jaydev Paneri Narbheshankar ceased to be Director on 09 Feb 2025. Kiritkumar Keshavlal Thakkar ceased to be Director on 09 Feb 2025. JSL Industries has 16 board changes on record in total.
Yes, JSL Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-03-0000113).

