Annual reportSep 2026
Sep 2026 · Shareholders meeting 3 Sep - 23rd AGM on 25 Sep 2026; annual report issued; auditor, director, and MD reappointments proposed.
Source: Nse
Jalan Transolutions (India) Ltd. (JALAN)
SME CapServices stocks · SME cap · NSE
Jalan Transolutions (India) Limited operates solely in the Logistics sector. This document provides clarifications regarding its financial results for the year ended March 31, 2024, addressing format, segment disclosure, and an audit qualification statement.
₹1.5
+0.00 · +0.00%
Market cap ₹2.3 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result01 Jun, 08:02 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
18Strong Bearfull bear SMA stack · SMA20 -11.0% / mo · MACD − · near 52W low
Stock trend: 18
Sector RS: —
Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
JALAND candles · FIT view-18.9%Latest close ₹1.50 on 2026-10-21
Bar
+3.4%
RSI
38
MACD hist
-0.01
52W pos
4%
2026-10-21O ₹1.45H ₹1.50L ₹1.45C ₹1.50Vol 9,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
JALANNifty 500
- JALAN
- -14.3%
- Nifty 500
- -6.5%
- Vs Nifty 500
- -7.8 pp
Chart stats
21 Oct 2026- From 52W high
- -79.9%
- 52W range position
- 2%
- ATR (14)
- 3.4%
- Volume vs 20D
- 0.18x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹1.4 - ₹1.8
₹7.5
₹1.4 - ₹7.5
₹0.1
Latest completed session
20-session average
44.2% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · WATCHLIST37
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad5
Revenue -44.7% · PAT NDF YoY
Technical
Strong Bear18
Price trend and sector-relative-strength timing.
Valuation
Legacy model+77.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence45
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Bad · 5/100Rev -45% YoY · margin expansion · +44% QoQ
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1.4 Cr | -44.7% | +43.6% |
| EBITDA | ₹0 Cr | NDF | -75.0% |
| Operating margin | 0.7% | NDF | -352 bps |
| PAT | ₹-0 Cr | NDF | -175.0% |
| PAT margin | -2.2% | NDF | -648 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 0.53
- P/B
- —
- EV/EBITDA
- 2.55
- Market Cap
- 2.25Cr
Profitability
- ROE
- 26.10%
- ROCE
- 18.80%
- ROA
- 4.03%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -34.00%
- EPS 5Y
- -34.00%
- Revenue 3Y
- -31.00%
- EPS 3Y
- -31.00%
Balance Sheet
- Debt/Equity
- 4.58
- Interest Coverage
- 2.36×
- Altman Z
- 1.96
- Book Value
- —
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- 16.00 Cr
- EPS TTM
- 4.75
Shareholding
- Promoter Hold
- 7.47%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 6%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 2.3+189.9% vs prev
Net Profit
₹ CrLatest: 0.0+100.5% vs prev
Return on Equity
%Latest: -460-397.9% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 38. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~12.4% over last month) — short-term momentum negative.
- RSI(14) at 38 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 63% off 52W high · 7% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
2
RS percentile
Stage 4 Downtrend
1M return
-9.1%
3M return
-30.2%
6M return
-43.4%
1Y return
-76.6%
RS 1D
0
RS 20D
0
Sector rank
#11
Industry rank
#34
Stage evidence
- Price is 26.4% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -11.9%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
217 observations
21 Oct 2026Value 34.33+0.94%
RS vs Nifty 50034
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · WATCHLISTValuation24/30
Growth2/25
Quality16/20
Balance Sheet0/15
Cash Flow1/10
Piotroski
4/9 (+1)
Penalties
-7
Raw sum
37
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
37/100 · legacy band WATCHLIST
Positive drivers
- Fair-value margin of safety is positive at 77.0%.
- Valuation contributes 24/30 to the score.
- Quality contributes 16/20 to the score.
Main drags
- Penalty bucket subtracts 7 points.
- Balance sheet is weaker at 0/15; verify the latest quarterly trend.
- Growth is weaker at 2/25; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
0.5
PB
—
EV/EBITDA
2.5
ROE
26.1%
ROCE
18.8%
FCF Yield
—
Debt/Equity
4.6
MoS
+77.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
37
Previous: 37
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+77.0%
Previous: +77.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
37
37
37
37
37
37
37
37
37
37
37
37
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
1.4
Growth-justified Value
₹6.6
+77.0% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
AMIABLE
SME
Amiable Logistics (India) Ltd.
Logistics
match 72
41
13.4
9.6%
+52%
WATCHLIST
COMMITTED
SME
Committed Cargo Care Ltd.
Logistics
match 72
42
43.4
13.7%
+1%
WATCHLIST
TEJASCARGO
SME
Tejas Cargo India Ltd.
Logistics
match 71
30
44.8
11.8%
-76%
OVERVALUED
BRACEPORT
SME
Brace Port Logistics Ltd.
Logistics
match 71
29
15.2
10.8%
-221%
OVERVALUED
PRLIND
SME
Premier Roadlines Ltd.
Logistics
match 71
46
6.8
14.4%
-104%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-08-18T08:13:02.078Z
Management commentary snapshot
FY2024 Results Clarification: Company addresses NSE observations on financial statement format, confirms single Logistics segment, and submits Statement of Impact of Audit Qualification.
The document provides no operational or financial performance data to assess the investment thesis. The clarification on an audit qualification, without details of its impact, raises concerns about the quality of financial reporting and transparency.
Risk radar
Audit Qualification
The company submitted a 'Statement of Impact of Audit Qualification' as part of its financial results for the year ended March 31, 2024.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The document is a procedural clarification for annual results and does not contain financial or operational performance data for any period, making a comparison basis irrelevant for performance assessment.
Sector KPIs management disclosed
Operating Segment
The company is under one segment i.e Logistics.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
45Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 2nd percentile of the scored universe and 1st percentile within Services. Main check: results consistency is weak at 19/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
1 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
2nd percentile
overall median 67 · Services: 1st pctile, median 66 · SME: 2nd pctile, median 64
Evidence depth
Financial-only
1 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
48
watch · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
40
weak · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
19
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
Trust risks
- ▸Promoter holding fell 8.7%.
- ▸Debt/equity is 4.58.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Promoter holding is only 19.2%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Jalan Transolutions (India) Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Investor presentationMay 2026
May 2026 · Reply to Clarification- Financial results 23 May 2026 - Clarifies FY2024 financial results presentation, segment disclosure, and audit qualification statement on NSE.
Source: Nse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.