---
title: "Jain Granites & Projects India Ltd (530957) — Share Price, Financials & Analysis"
symbol: "530957"
company: "Jain Granites & Projects India Ltd"
canonical: "https://tapetide.com/stocks/530957"
bse_code: "530957"
generated_at: "2026-10-13T11:00:52.469Z"
---

# Jain Granites & Projects India Ltd (530957)

Canonical page: https://tapetide.com/stocks/530957

## Company

- **BSE Code:** 530957
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Jain Granites & Projects India Ltd. is engaged in trading and export of building materials in India. The company offers granites, marbles, natural stones, and other allied products.

## Latest Price

## Key Insights

### Strengths

- Debtor days have improved from 170 to 121 days.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 13.5% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 20% | -16% | 46% |
| revenue growth | 14% | 31% | 52% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 47548 | 51168 | 75039 | 78008 | 79434 | 81546 | 83002 | 85040 | 86779 | 87372 | 86994 | 87067 |
| Expenses | 17770 | 18470 | 45349 | 50530 | 62938 | 49690 | 52074 | 41307 | 47709 | 64497 | 45161 | 54145 |
| Financing Profit | 7172 | 6744 | -11560 | -15764 | -27196 | -12723 | -14487 | -3181 | -7916 | -24833 | -4908 | -12899 |
| Financing Margin % | 15 | 13 | -15 | -20 | -34 | -16 | -17 | -4 | -9 | -28 | -6 | -15 |
| Other Income | 9610 | 9853 | 32528 | 37007 | 44958 | 35450 | 38455 | 27154 | 33489 | 45683 | 31567 | 39860 |
| Interest | 22606 | 25955 | 41250 | 43242 | 43692 | 44580 | 45414 | 46914 | 46986 | 47709 | 46741 | 45821 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 16783 | 16597 | 20967 | 21243 | 17761 | 22727 | 23968 | 23973 | 25573 | 20850 | 26659 | 26961 |
| Tax % | 25 | 25 | 17 | 17 | -1 | 24 | 22 | 24 | 25 | 18 | 24 | 23 |
| Net Profit | 12634 | 12403 | 17312 | 17718 | 18013 | 17188 | 18627 | 18340 | 19285 | 17090 | 20364 | 20691 |
| EPS in Rs | 11.29 | 11.06 | 11.09 | 11.37 | 11.6 | 10.83 | 11.68 | 11.54 | 12.31 | 10.6 | 12.76 | 12.87 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3 | 7 | 16 | 21 | 47 | 76 | 111 | 151 | 172 |
| Expenses | 4 | 7 | 16 | 21 | 47 | 73 | 107 | 146 | 164 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 5 | 8 |
| OPM % | -11 | -3 | 1.3 | 2.1 | 0.9 | 4 | 3.6 | 3.3 | 4.6 |
| Other Income | -1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 5 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -2 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 3 |
| Tax % | 4 | 33 | 36 | 42 | 32 | 15 | 34 | 35 | 35 |
| Net Profit | -2 | 0 | 0 | 0 | 0 | 2 | 1 | 2 | 2 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | -2 | -2 | -2 | -2 | -1 | 1 | 2 | 4 | 6 |
| Borrowings | 0 | 0 | 1 | 1 | 5 | 17 | 30 | 41 | 47 |
| Other Liabilities | 1 | 1 | 2 | 7 | 25 | 21 | 26 | 59 | 24 |
| Total Liabilities | 7 | 8 | 10 | 15 | 37 | 48 | 67 | 113 | 86 |
| Fixed Assets | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 5 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 6 | 7 | 9 | 14 | 36 | 47 | 66 | 111 | 81 |
| Total Assets | 7 | 8 | 10 | 15 | 37 | 48 | 67 | 113 | 86 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 1 | -1 | -1 | -4 | -13 | -8 | -7 | — |
| Cash from Investing Activity | 0 | 0 | 1 | 0 | 0 | 0 | -2 | -4 | — |
| Cash from Financing Activity | 0 | 1 | 0 | -1 | 4 | 13 | 13 | 11 | — |
| Net Cash Flow | 0 | 2 | 0 | -2 | 0 | 0 | 3 | 0 | — |
| Free Cash Flow | 0 | 1 | 0 | -1 | -4 | -13 | -8 | -8 | — |
| CFO/OP | 38 | -548 | -495 | -240 | -820 | -432 | -193 | -139 | — |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 115 | 72 | 66 | 172 | 235 | 155 | 163 | 224 | 121 |
| Inventory Days | 33 | 71 | 38 | 18 | 16 | 56 | 31 | 27 | 35 |
| Days Payable | 65 | 58 | 34 | 136 | 194 | 103 | 43 | 153 | 53 |
| Cash Conversion Cycle | 82 | 85 | 70 | 54 | 57 | 108 | 152 | 97 | 104 |
| Working Capital Days | 592 | 327 | 121 | 119 | 86 | 123 | 114 | 111 | 107 |
| ROCE % | — | 3 | 6 | 9 | 9 | 22 | 12 | 11 | 14 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 26% | 25.6% | 26.5% | 26.14% | 25.97% | 25.78% | 25.59% | 0% | 0% | 0% |
| FIIs | 42.13% | 40.43% | 38.71% | 36.68% | 39.79% | 35.62% | 32.24% | 47.83% | 48.3% | 47.67% |
| DIIs | 12.94% | 14.97% | 16.41% | 21.74% | 20.99% | 24.55% | 28.09% | 33.33% | 35.68% | 37% |
| Government | 0.13% | 0.13% | 0.2% | 0.23% | 0.24% | 0.16% | 0.16% | 0.18% | 0.18% | 0.18% |
| Public | 18.8% | 18.87% | 18.19% | 15.21% | 13.01% | 13.89% | 13.91% | 18.64% | 15.84% | 15.11% |
| No. of Shareholders | 463568 | 510377 | 589930 | 1286083 | 1375294 | 2151630 | 2290092 | 4121815 | 3829146 | 3650087 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 25.59% | 25.52% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| FIIs | 32.24% | 33.38% | 52.13% | 52.31% | 47.83% | 47.17% | 48.02% | 49.21% | 48.3% | 48.84% | 48.38% | 47.67% |
| DIIs | 28.09% | 26.75% | 30.39% | 30.54% | 33.33% | 35.2% | 35.05% | 34.37% | 35.68% | 35.77% | 36.07% | 37% |
| Government | 0.16% | 0.16% | 0.17% | 0.17% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% |
| Public | 13.91% | 14.19% | 17.3% | 16.98% | 18.64% | 17.44% | 16.75% | 16.23% | 15.84% | 15.19% | 15.33% | 15.11% |
| No. of Shareholders | 2290092 | 2345672 | 3058659 | 3018247 | 4121815 | 3664325 | 3921910 | 3924442 | 3829146 | 3725911 | 3701272 | 3650087 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 7 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 21.51 | Sell |
| EMA (10) | 21.37 | Sell |
| SMA (20) | 20.62 | Buy |
| EMA (20) | 21.17 | Buy |
| SMA (50) | 21.98 | Sell |
| EMA (50) | 21.03 | Buy |
| SMA (100) | 20.02 | Buy |
| EMA (100) | 20.26 | Buy |
| SMA (200) | 18.76 | Buy |
| EMA (200) | 20.22 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.43 | Neutral |
| MACD (12,26,9) | 0.14 | Buy |
| Stochastic (14,3,3) | 60.01 | Neutral |
| ADX (14) | 13.81 | Neutral |
| Williams %R (14) | -47.06 | Neutral |
| ATR (14) | 1.19 | High Volatility |
| ROC (12) | 7.02 | Buy |
| Stoch RSI (14) | 49.78 | Neutral |
| UO (7,14,28) | 52.4 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5d36cda1-4df0-41b0-9e9c-0c28bd0182a2.pdf) |
| 2026-02-27 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4cf7dd9d-7b0c-49fc-876c-258306377656.pdf) |
| 2026-02-20 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9ba5a31-0173-45bb-8806-e0e9075bd5d7.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d87caf50-91b7-4085-86a1-225b0ef23fe0.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f6a85c28-4d9f-4e3b-83c9-96200eb63fab.pdf) |
| 2026-02-11 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3de137a2-32e5-4801-b2bd-603a74b06b1e.pdf) |
| 2026-02-11 | [Intimation Under SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/655139cd-48be-47df-931e-6b9ff6357999.pdf) |
| 2026-02-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a304d8cd-d910-45af-99d1-aea2124b8f38.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/411e22d2-0720-4cec-b659-9ccd639f0f1a.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2160dea5-d49e-4409-83a4-c2b111a3bd12.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0fb0e6bd-7110-44c3-a750-76933ddf105c.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/500180/73256500180.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/500180/68609500180.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/500180/5001800320.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/500180/5001800319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/500180/5001800318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/500180/5001800317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/500180/5001800316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e45f8a0-0fe6-40a3-8e5a-51c53713e6f0.pdf) |
| Oct 2025 | Concall - Oct 2025 |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1268138-e288-4335-9764-7a944dfa3570.pdf) |
| Apr 2025 | [Concall - Apr 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ff4ae1b4-cf07-4f6d-b097-3bd8139fb570.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7e4ad26-5c9e-4ffe-a610-28241b35c3b0.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7affe75-673f-4507-b421-a7d5bab9d3e6.pdf) |
| Jul 2024 | Concall - Jul 2024 |
| Apr 2024 | [Concall - Apr 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/880ee466-e764-4e05-9ef3-3d9bb8e485f4.pdf) |
| Mar 2024 | [Concall - Mar 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12bab14e-f504-46e9-90cd-0881a76dd4a6.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d34bd589-124e-40f2-80b5-82f360a98639.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-12-23 | Credit rating update — CARE Ratings |
| 2025-12-02 | Credit rating update — CARE Ratings |
| 2025-06-30 | Credit rating update — ICRA |
| 2025-06-27 | Credit rating update — CRISIL |
| 2025-03-06 | Credit rating update — CARE Ratings |
| 2024-12-04 | Credit rating update — India Ratings |
| 2014-12-07 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:52.469Z.