KJMC's standalone profit fell 17%. Its subsidiary is doing the heavy lifting.
Consolidated profit nearly doubled to ₹195.93 lakhs, masking a shrinking standalone business. The dividend stayed flat.
— 1 earlier story on KJMC Corporate Advisors (India) Ltd. →Mkt cap₹21.6 cr
P/E11.02×
ROE1.54%
Debt / eq.0.04
Div yld1.30%
₹195.93 lakhs Consolidated net profit, up from ₹104.12 lakhs a year ago.
What's new
- Standalone net profit declined 17% to ₹62.98 lakhs from ₹75.63 lakhs.
- Consolidated net profit jumped to ₹195.93 lakhs from ₹104.12 lakhs, driven by subsidiary growth.
- Board recommended a final dividend of ₹0.70 per share, unchanged.
Why this matters
The parent business is shrinking. The subsidiary is growing. For a ₹22 crore company, that split tells you where the value is being created and where it is fading.
What we're watching
- Whether subsidiary growth can continue to offset standalone weakness.
- Any change in dividend payout despite the profit divergence.
- The standalone business trajectory in the next fiscal year.
The full read
KJMC Corporate Advisors' standalone business shrank last year. Net profit fell 17% to ₹62.98 lakhs. The subsidiary told a different story. Consolidated net profit nearly doubled to ₹195.93 lakhs, up from ₹104.12 lakhs. The board kept the dividend flat at ₹0.70 per share. For a ₹22 crore company, this is a routine filing. The story is the divergence. Standalone earnings power is fading, and the subsidiary is doing the heavy lifting.
Questions answered
- Why did standalone and consolidated profits move in opposite directions?
- The standalone entity's net profit fell 17% to ₹62.98 lakhs. The subsidiary's performance improved sharply, lifting consolidated net profit to ₹195.93 lakhs from ₹104.12 lakhs.
- What is the company's dividend policy?
- The board recommended a final dividend of ₹0.70 per share, unchanged from the prior year. The dividend was not increased despite the growth in consolidated profit.
- Does the filing contain any strategic changes or guidance?
- No. The filing is a routine annual results announcement with no new guidance, strategic updates, or unexpected developments.
Mentioned: KJMC Corporate Advisors (India) Ltd. · ₹0.70 per share dividend · ₹22 crore market cap
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 · 8:36 PM IST KJMC's standalone profit fell 17%. Its subsidiary is doing the heavy lifting.
- 42d ago KJMC's core profit fell 17%. Its subsidiaries made up the difference.