Annual reportSep 2026
Sep 2026 · General Updates 7 Sep - Annual Report FY2025-26 and 15th AGM scheduled for 30 September 2026 with e-voting dates.
Source: Nse
Jay Jalaram Technologies Ltd. (KORE)
SME CapIT stocks · SME cap · NSE
Jay Jalaram Technologies Ltd. operates in IT Solutions, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹296.6
+14.10 · +4.99%
Market cap ₹343 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm ISTDetails
Quote19 Oct, 05:50 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result22 May, 06:50 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
87Strong Bullfull bull SMA stack · SMA20 +52.6% / mo · RSI overbought · MACD + · near 52W high · sector +19.1pp vs Nifty 500 (3M)
Stock trend: 78
Sector RS: 100
Sector 3M: +13.3% vs Nifty 500 -5.8%
IT FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
KORED candles · FIT view+113.3%Latest close ₹296.60 on 2026-10-19
Bar
+0.2%
RSI
90
MACD hist
9.05
52W pos
100%
2026-10-19O ₹296.00H ₹296.60L ₹295.50C ₹296.60Vol 13,000 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
KORENifty ITNifty 500
- KORE
- +93.2%
- Nifty 500
- -5.6%
- Nifty IT
- +8.1%
- Vs Nifty 500
- +98.8 pp
Chart stats
19 Oct 2026- From 52W high
- +0.0%
- 52W range position
- 100%
- ATR (14)
- 4.4%
- Volume vs 20D
- 0.86x
- Avg traded value
- ₹0.3 Cr
- 20D price channel
- ₹161.4 - ₹296.6
₹296.6
₹85 - ₹296.6
₹13
Latest completed session
20-session average
45.9% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · WATCHLIST35
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good62
Revenue +53.3% · PAT +25.0% YoY
Technical
Strong Bull87
Price trend and sector-relative-strength timing.
Valuation
Legacy model-9.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence71
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
Good · 62/100Rev +53% YoY · PAT +25% YoY · +39% QoQ · margin compression
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹495 Cr | +53.3% | +38.7% |
| EBITDA | ₹9 Cr | NDF | +50.0% |
| Operating margin | 1.8% | NDF | +0 bps |
| PAT | ₹5 Cr | +25.0% | +0.0% |
| PAT margin | 1.0% | NDF | -39 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 33.30
- P/B
- 4.09
- EV/EBITDA
- 16.70
- Market Cap
- 343.00Cr
Profitability
- ROE
- 13.70%
- ROCE
- 18.10%
- ROA
- 4.93%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 25.30%
- EPS 5Y
- 58.11%
- Revenue 3Y
- 1.00%
- EPS 3Y
- 1.00%
Balance Sheet
- Debt/Equity
- 0.49
- Interest Coverage
- 2.33×
- Altman Z
- 5.72
- Book Value
- 69.00
Cash Flow
- FCF Yield
- 2.33%
- FCF Positive Y
- 1/5
- OCF
- 20.00 Cr
- EPS TTM
- 8.48
Shareholding
- Promoter Hold
- 69.20%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 100%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 851+27.8% vs prev
Net Profit
₹ CrLatest: 10.0+66.7% vs prev
Return on Equity
%Latest: 11.9+30.9% 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
Bullish setupTrend is constructive — long-term uptrend intact. RSI 90.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~34.5% over last month) — short-term momentum positive.
- RSI(14) at 90 — overbought zone; risk of mean reversion.
- MACD above signal, histogram expanding — bullish momentum building.
- Within 3% of 52-week high — testing resistance.
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
96
RS percentile
Stage 2 UptrendRecent S2
1M return
+74.6%
3M return
+93.2%
6M return
+145.4%
1Y return
+78.7%
RS 1D
0
RS 20D
+13
Sector rank
#8
Industry rank
#39
Stage evidence
- Price is 104.4% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +9.1%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
22 Sept 2026
S2 age
19 trading sessions
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
244 observations
19 Oct 2026Value 181.54+6.08%
RS vs Nifty 500182
Valuation & peers
U-Score 35 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 35 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth18/25
Quality8/20
Balance Sheet7/15
Cash Flow3/10
Piotroski
6/9 (+3)
Penalties
-4
Raw sum
35
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
35/100 · legacy band WATCHLIST
Positive drivers
- Growth contributes 18/25 to the score.
- Balance sheet contributes 7/15 to the score.
- Quality contributes 8/20 to the score.
Main drags
- Penalty bucket subtracts 4 points.
- Fair-value margin of safety is negative at -9.0%.
- Valuation is weaker at 0/30; 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
33.3
PB
4.1
EV/EBITDA
16.7
ROE
13.7%
ROCE
18.1%
FCF Yield
2.3%
Debt/Equity
0.5
MoS
-9.0%
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
35
Previous: 35
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-9.0%
Previous: -9.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
44
44
44
42
42
40
40
40
35
35
35
35
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
₹114.74
-158.5% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹272.21
-9.0% MoS
PEG
0.94
Comparable companies
Peers
Business-comparable peers in IT — 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
ARHAM
SME
Arham Technologies Ltd.
IT Services / Digital
match 156
40
36.9
18.8%
-10%
WATCHLIST
APEXECO
SME
Apex Ecotech Ltd.
IT Services / Digital
match 130
60
19.6
31.1%
+39%
UNDERVALUED
FELIX
SME
Felix Industries Ltd.
IT Services / Digital
match 129
59
16.0
15.1%
+50%
FAIR VALUE
ESCONET
SME
Esconet Technologies Ltd.
IT Services / Digital
match 129
21
66.8
8.0%
-104%
OVERVALUED
VGINFOTECH
SME
Virtual Galaxy Infotech Ltd.
IT Services / Digital
match 129
72
20.9
48.0%
+72%
UNDERVALUED
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
Issuer presentation review pending
Jay Jalaram Technologies Ltd. operates in IT Solutions, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
71Limited 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 66th percentile of the scored universe and 62nd percentile within IT. Main check: financial discipline is weak at 52/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 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
66th percentile
overall median 67 · IT: 62nd pctile, median 69 · SME: 85th pctile, median 64
Evidence depth
Financial-only
2 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
Acceptable, but check the weakest sub-score before increasing exposure.
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
86
strong · holding, pledge, alignment
Cash flow
65
acceptable · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
52
watch · capital discipline
Results
63
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 69.2%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 5.3%.
- ▸OPM spread across recent quarters is 1.2%.
Trust risks
- ▸Only 1 years of positive FCF.
- ▸Profit margin is 1.8%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Jay Jalaram Technologies Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Investor presentationMay 2025
May 2025 · PPT
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.