---
title: "Jalan Transolutions (India) Ltd (JALAN) — Share Price, Financials & Analysis"
symbol: "JALAN"
company: "Jalan Transolutions (India) Ltd"
canonical: "https://tapetide.com/stocks/JALAN"
isin: "INE349X01015"
nse_symbol: "JALAN"
sector: "Logistics & Cargo"
industry: "Logistics Solution Provider"
market_cap_cr: 2.62
generated_at: "2026-09-13T20:15:37.960Z"
---

# Jalan Transolutions (India) Ltd (JALAN)

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

## Company

- **NSE Symbol:** JALAN
- **ISIN:** INE349X01015
- **Sector:** Logistics & Cargo
- **Industry:** Logistics Solution Provider
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2017-05-31
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** jalantransolutions.com

## About

Incorporated in 2003, Jalan Transolutions Ltd is engaged in the transportation business.[1]

## Latest Price

- **Price:** ₹1.8
- **Change:** 0 (0%)
- **Open:** ₹1.8
- **Day High:** ₹1.8
- **Day Low:** ₹1.8
- **Previous Close:** ₹1.8
- **Volume:** 3000
- **As Of:** 2026-09-07T04:44:49+00:00

## Key Fundamentals

Observed at 2026-09-11T04:48:18.712504Z.

- **Market Cap:** ₹2.62 Cr
- **Classification:** SME
- **P/E (reported):** 180
- **Book Value:** ₹-28.82
- **Price to Book:** -0.06
- **Dividend Yield:** 0%
- **ROE:** 27.15%
- **ROCE:** 28.89%
- **Debt to Equity:** 4.8
- **Revenue (yearly):** ₹139 Cr
- **Net Income:** ₹5.1 Cr
- **EBITDA:** ₹27.8 Cr
- **52-Week High:** ₹5.05
- **52-Week Low:** ₹1.5
- **RSI (14):** 48.72

## Tapetide Score

- **Score:** 38 / 100
- **Score date:** 2026-09-04
- **Archetype:** Expensive and Under Pressure
- **What it means:** The multiple is demanding and the trend has turned against it, without the financial strength that would justify paying up. What matters is whether the de-rating stops at the multiple or starts showing up in the numbers.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Falling
- **Percentile:** 10.2 (of 4473 scored stocks)
- **Confidence:** 81%
- **Data coverage:** 62%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 1.1 | 9% |
| growth | 98.9 | 9% |
| momentum | 17.08 | 12% |
| ownership | 40.55 | 24% |
| quality | 53.47 | 22% |
| valuation | 41.59 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Promoter holding has decreased over last quarter: -2.39%
- The company has delivered a poor sales growth of -32.4% over past five years.
- Promoter holding is low: 19.2%
- Contingent liabilities of Rs.4.67 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 271.96% | 120.69% | -94.93% |
| ebitda margin growth | 14.03% | — | — |
| net income growth | 75.86% | -42% | 15% |
| revenue growth | 17.8% | -38% | -32% |
| roce | -14.75% | — | — |
| roe | 25.75% | — | — |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 5.91 | 10.31 | 1.86 | 4.06 | 2.94 | 6.76 | 2.93 | 2.44 | 0.53 | 0.26 | 0.94 | 1.35 |
| Expenses | 5.22 | 12.13 | 3.68 | 5.22 | 3.66 | 4.28 | 2.53 | 2.36 | 0.75 | 0.42 | 0.9 | 1.34 |
| Operating Profit | 0.69 | -1.82 | -1.82 | -1.16 | -0.72 | 2.48 | 0.4 | 0.08 | -0.22 | -0.16 | 0.04 | 0.01 |
| OPM % | 11.68 | -17.65 | -97.85 | -28.57 | -24.49 | 36.69 | 13.65 | 3.28 | -41.51 | -61.54 | 4.26 | 0.74 |
| Other Income | 0.21 | -7.66 | -16.52 | 7.7 | 0.2 | -13.46 | 0.25 | -15.46 | 1.42 | -0.47 | 0 | -0.04 |
| Interest | 0.43 | 1.9 | 0.72 | 0.24 | 0.66 | 0.27 | 0.14 | 0.02 | 0.02 | 2.32 | 0 | 0 |
| Depreciation | 1.32 | 1.48 | 0.93 | 0.72 | 0.56 | 0.48 | 0.41 | 0.32 | 0.11 | 0 | 0 | 0 |
| Profit before tax | -0.85 | -12.86 | -19.99 | 5.58 | -1.74 | -11.73 | 0.1 | -15.72 | 1.07 | -2.95 | 0.04 | -0.03 |
| Tax % | 0 | -0.78 | -0.8 | -1.61 | -2.3 | -1.96 | -30 | 0.19 | 0 | 0 | 0 | 0 |
| Net Profit | -0.84 | -12.77 | -19.83 | 5.67 | -1.71 | -11.5 | 0.13 | -15.75 | 1.08 | -2.95 | 0.04 | -0.03 |
| EPS in Rs | -0.58 | -8.78 | -13.64 | 3.9 | -1.18 | -7.91 | 0.09 | -10.83 | 0.74 | -2.03 | 0.03 | -0.02 |

### Profit & Loss

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 129.43 | 138.16 | 45.88 | 18 | 16.22 | 5.92 | 9.69 | 5.37 | 0.79 | 2.29 |
| Expenses | 105.37 | 114.34 | 40.81 | 29.56 | 17.35 | 8.86 | 7.88 | 4.89 | 1.17 | 2.24 |
| Operating Profit | 24.06 | 23.82 | 5.07 | -11.56 | -1.13 | -2.94 | 1.81 | 0.48 | -0.38 | 0.05 |
| OPM % | 18.59 | 17.24 | 11.05 | -64.22 | -6.97 | -49.66 | 18.68 | 8.94 | -48.1 | 2.18 |
| Other Income | 1.52 | 1.03 | 1.12 | 0.55 | -7.45 | -8.87 | -13.31 | -15.21 | 0.94 | -0.04 |
| Interest | 9.98 | 6.94 | 6.58 | 1.05 | 2.33 | 0.96 | 0.93 | 0.16 | 2.33 | 0 |
| Depreciation | 7.55 | 7.92 | 4.69 | 3.56 | 2.8 | 1.65 | 1.04 | 0.73 | 0.11 | 0 |
| Profit before tax | 8.05 | 9.99 | -5.08 | -15.62 | -13.71 | -14.42 | -13.47 | -15.62 | -1.88 | 0.01 |
| Tax % | 37.02 | 39.34 | -13.58 | -2.11 | -0.73 | -1.73 | -2 | 0 | 0 | 0 |
| Net Profit | 5.06 | 6.06 | -4.4 | -15.3 | -13.61 | -14.16 | -13.21 | -15.62 | -1.88 | 0.01 |
| EPS in Rs | 4.73 | 4.17 | -3.03 | -10.52 | -9.36 | -9.74 | -9.09 | -10.74 | -1.29 | 0.01 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10.69 | 14.54 | 14.54 | 14.54 | 14.54 | 14.54 | 14.54 | 14.54 | 14.54 | 14.54 |
| Reserves | 7.85 | 27.77 | 17.33 | 2.03 | -11.58 | -25.74 | -38.95 | -54.57 | -56.45 | -56.43 |
| Borrowings | 72.54 | 52.37 | 49.07 | 46.25 | 43.51 | 28.11 | 42.05 | 40.09 | 35.11 | 30.31 |
| Other Liabilities | 17.16 | 17.15 | 18.92 | 14.79 | 14.02 | 16.16 | 8.62 | 8.46 | 7.31 | 12.45 |
| Total Liabilities | 108.24 | 111.83 | 99.86 | 77.61 | 60.49 | 33.07 | 26.26 | 8.52 | 0.51 | 0.87 |
| Fixed Assets | 41.43 | 27.8 | 21.03 | 17.74 | 14.85 | 10.39 | 8.67 | 7.33 | 0 | 0 |
| CWIP | 0.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 66.64 | 84.03 | 78.83 | 59.87 | 45.64 | 22.68 | 17.59 | 1.19 | 0.51 | 0.87 |
| Total Assets | 108.24 | 111.83 | 99.86 | 77.61 | 60.49 | 33.07 | 26.26 | 8.52 | 0.51 | 0.87 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -1 | 10.26 | 3.76 | 2.85 | -0.24 | 0.67 | 0.94 | 0.17 | 7.59 |
| Cash from Investing Activity | 0 | 6.96 | 3.18 | -0.26 | -0.02 | 2.75 | 0.7 | 0.61 | 7.23 | 0 |
| Cash from Financing Activity | 0 | -6.39 | -13.57 | -3.67 | -2.75 | -2.38 | -1.61 | -1.61 | -7.35 | -7.5 |
| Net Cash Flow | 0 | -0.43 | -0.13 | -0.17 | 0.08 | 0.14 | -0.25 | -0.06 | 0.05 | 0.09 |
| Free Cash Flow | 0 | 5.76 | 12.87 | 3.5 | 2.83 | 2.51 | 1.29 | 1.55 | 7.4 | 7.59 |
| CFO/OP | 0 | -2 | 274 | -33 | -252 | 8 | 37 | 196 | -45 | 15180 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 142.61 | 161.63 | 467.63 | 892.83 | 817.09 | 1238.66 | 643.74 | 47.58 | 198.67 | 105.2 |
| Inventory Days | — | — | — | — | — | — | — | — | — | 0 |
| Cash Conversion Cycle | 142.61 | 161.63 | 467.63 | 892.83 | 817.09 | 1238.66 | 643.74 | 47.58 | 198.67 | 105.2 |
| Working Capital Days | 33.59 | 83.98 | 171.52 | 140.73 | -95.19 | -955.66 | -1037.37 | -2873.1 | -16974.81 | -5438.34 |
| ROCE % | 19.48 | 17.25 | 1.1 | -20.28 | -6.13 | -14.29 | 5.33 | 3.62 | — | — |

## Shareholding Pattern

### Quarterly

| Category | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.52% | 55.12% | 50.41% | 46.22% | 39.99% | 39.66% | 39.66% | 27.9% | 27.65% | 21.58% | 19.19% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.19% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 23.24% | 34.4% | 35.76% | 37.49% | 47.41% | 54.21% | 53.76% | 68.53% | 69.69% | 71.84% | 74.21% |
| Others | 3.24% | 10.49% | 13.83% | 16.29% | 12.6% | 6.13% | 6.58% | 3.57% | 2.66% | 6.58% | 6.42% |
| No. of Shareholders | 447 | 552 | 559 | 561 | 778 | 827 | 870 | 1100 | 947 | 939 | 948 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 5 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1.88 | Sell |
| EMA (10) | 1.83 | Sell |
| SMA (20) | 1.79 | Buy |
| EMA (20) | 1.81 | Sell |
| SMA (50) | 1.86 | Sell |
| EMA (50) | 1.85 | Sell |
| SMA (100) | 1.93 | Sell |
| EMA (100) | 2.14 | Sell |
| SMA (200) | 2.69 | Sell |
| EMA (200) | 3.21 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.72 | Neutral |
| MACD (12,26,9) | 0.02 | Buy |
| Stochastic (14,3,3) | 52.22 | Neutral |
| ADX (14) | 21.04 | Neutral |
| Williams %R (14) | -60 | Neutral |
| ATR (14) | 0.04 | Neutral |
| ROC (12) | 2.86 | Buy |
| Stoch RSI (14) | 13.08 | Buy |
| UO (7,14,28) | 28.24 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 January 2026 - Dematerialisation certificates mutilated; depository recorded as owner for quarter ended Dec 31, 2025. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 January 2026 - Dematerialisation certificates mutilated; depository recorded as owner for quarter ended Dec 31, 2025.](https://nsearchives.nseindia.com/corporate/JALAN_09012026145707_cert_74_5.pdf) |
| 7 Aug - Promoter Manish Jalan sold 12 lakh shares on NSE, reducing holding from 16.59% to 8.33%. | [Updates 7 Aug - Promoter Manish Jalan sold 12 lakh shares on NSE, reducing holding from 16.59% to 8.33%.](https://nsearchives.nseindia.com/corporate/JALAN_07082026151115_STX_INTIMATION_FORM_C.pdf) |
| 6 Jul - Regulation 74(5) certificate for quarter ended 30 June 2026 confirming demat processing. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 Jul - Regulation 74(5) certificate for quarter ended 30 June 2026 confirming demat processing.](https://nsearchives.nseindia.com/corporate/JALAN_06072026155324_stx_intimation.pdf) |
| 6 April 2026 - Regulation 74(5) certificate for quarter ended March 31, 2026; dematerialized shares confirmed. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 April 2026 - Regulation 74(5) certificate for quarter ended March 31, 2026; dematerialized shares confirmed.](https://nsearchives.nseindia.com/corporate/JALAN_06042026132530_STX_REG_74_5.pdf) |
| 3 Sep - Newspaper ad for 23rd AGM on 25 September 2026 at 11:00 AM, with remote e-voting details. | [Copy of Newspaper Publication 3 Sep - Newspaper ad for 23rd AGM on 25 September 2026 at 11:00 AM, with remote e-voting details.](https://nsearchives.nseindia.com/corporate/JALAN_03092026132110_stx_intimation_advt_2026.pdf) |
| 3 Sep - 23rd AGM on 25 Sep 2026; annual report issued; auditor, director, and MD reappointments proposed. | [Shareholders meeting 3 Sep - 23rd AGM on 25 Sep 2026; annual report issued; auditor, director, and MD reappointments proposed.](https://nsearchives.nseindia.com/corporate/JALAN_03092026131949_stx_intimation_notice_AR_2026.pdf) |
| 29 December 2025 - Mr. Sanjay Sharma ceases as Independent Director effective December 29, 2025, after first term. | [General Updates 29 December 2025 - Mr. Sanjay Sharma ceases as Independent Director effective December 29, 2025, after first term.](https://nsearchives.nseindia.com/corporate/JALAN_29122025123923_stx_intimation_2912.pdf) |
| 29 December 2025 - Board appointed Manish Jalan as Chairman; noted Independent Director Sanjay Sharma’s tenure completion on Dec 29, 2025. | [Outcome of Board Meeting 29 December 2025 - Board appointed Manish Jalan as Chairman; noted Independent Director Sanjay Sharma’s tenure completion on Dec 29, 2025.](https://nsearchives.nseindia.com/corporate/JALAN_29122025123629_outcome_BM_291225.pdf) |
| 28 May 2026 - Submitted SDD compliance certificate for FY ended March 31, 2026, confirming SEBI PIT compliance. | [Structural Digital Database 28 May 2026 - Submitted SDD compliance certificate for FY ended March 31, 2026, confirming SEBI PIT compliance.](https://nsearchives.nseindia.com/corporate/JALAN_28052026115313_STX_INTIMATION_sdd_2026.pdf) |
| 27 May 2026 - Jalan Transolutions (India) Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026. | [Outcome of Board Meeting 27 May 2026 - Jalan Transolutions (India) Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/JALAN_27052026155700_stx_outcome_mar26.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28395_JALAN_2024_2025_A_2520988_04092025123151.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25785_JALAN_2023_2024_05092024125855.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_24002_JALAN_2022_2023_05042024132700_05252024152610.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21296_JALAN_2021_2022_04092022200206_09042022210004.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19569_JALAN_2020_2021_07092021134333_09072021140008.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17930_JALAN_2019_2020_05122020162731_05122020170007.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_16085_JALAN_2018_2019_27092019151626_27092019160004.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_14165_JALAN_2017_2018_08102018163257.zip) |
| from nse | [Annual Report 2017 from nse](https://archives.nseindia.com/annual_reports/SME_AR_11697_JALAN_2016_2017_28092017121848.zip) |

---

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 2026-09-13T20:15:37.960Z.