Why did the standalone and consolidated profit move in opposite directions?

Standalone profit, the parent company's own business, fell 17% to ₹62.98 lakhs. The consolidated figure, which includes subsidiaries, jumped 88% to ₹195.93 lakhs. The divergence suggests subsidiary performance, not the core advisory work, drove the headline growth.

Is the consolidated profit jump sustainable?

The jump comes off a very small base of ₹104.12 lakhs. The filing contains no details on the drivers, so it is too early to call it a trend. The standalone decline complicates the picture.

What is the dividend per share?

The board recommended a final dividend of ₹0.70 per share.

Earnings · Stock Broking · Micro cap

KJMC's core profit fell 17%. Its subsidiaries made up the difference.

The standalone Indian advisory business shrank in FY24. A jump in subsidiary earnings pushed the consolidated net profit up to ₹195.93 lakhs.

— 1 earlier story on KJMC Corporate Advisors (India) Ltd. →

KJMCCORP By Tipsheet Editorial 25 May 2026 · 8:15 PM IST Verify on BSE · NSE

Mkt cap₹21.6 cr

P/E11.02×

ROE1.54%

Debt / eq.0.04

Div yld1.30%

₹195.93 lakhs FY24 consolidated net profit, up from ₹104.12 lakhs.

What's new

Consolidated net profit rose 88% to ₹195.93 lakhs on a small base of ₹104.12 lakhs.
The parent company's standalone net profit fell 17% to ₹62.98 lakhs from ₹75.63 lakhs.
The board recommended a final dividend of ₹0.70 per share.

Why this matters

The headline consolidated number hides a contraction at the core business. For a nano-cap, the split is the story: the parent shrank while something else grew. The dividend is the only tangible payout.

What we're watching

Whether the standalone earnings dip is a one-off or a trend.
The specific subsidiary performance driving the consolidated jump.
The dividend payout relative to historical policy.

The full read

KJMC's annual results are a study in contrast. The headline consolidated profit nearly doubled to ₹195.93 lakhs. A dramatic move. But the standalone profit, the core Indian operation, slipped 17% to ₹62.98 lakhs. This means the growth comes from elsewhere. Likely subsidiaries. On a base of just ₹104.12 lakhs. The tangible action for shareholders is the ₹0.70 per share final dividend. The filing itself is procedural. Nothing here alters the stock's trajectory or signals a strategic shift. For a nano-cap, the mixed message is the message. One business shrank while another expanded. The consolidated number is the headline. The standalone number is the reality.

Questions answered

Why did the standalone and consolidated profit move in opposite directions?: Standalone profit, the parent company's own business, fell 17% to ₹62.98 lakhs. The consolidated figure, which includes subsidiaries, jumped 88% to ₹195.93 lakhs. The divergence suggests subsidiary performance, not the core advisory work, drove the headline growth.
Is the consolidated profit jump sustainable?: The jump comes off a very small base of ₹104.12 lakhs. The filing contains no details on the drivers, so it is too early to call it a trend. The standalone decline complicates the picture.
What is the dividend per share?: The board recommended a final dividend of ₹0.70 per share.

Mentioned: KJMC Corporate Advisors (India) Ltd. · ₹0.70/share dividend · FY24 results

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

KJMC Corporate Advisors (India) Ltd.

Asset Management

₹21 cr

P/E 10.68×

Latest quarter · Mar 2026

Total income₹2 cr

Net profit−₹0 cr

Net margin−7.0%

EPS−₹0.44

Leverage & growth

Debt / equity0.04×

Sales CAGR+25.6%

EPS CAGR+52.7%

Story so far

All notes on KJMCCORP →

25 May 2026 · 8:15 PM IST KJMC's core profit fell 17%. Its subsidiaries made up the difference.
42d ago KJMC's standalone profit fell 17%. Its subsidiary is doing the heavy lifting.