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Earnings · Stock Broking · Micro cap

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
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%
  1. 25 May 2026 · 8:36 PM IST KJMC's standalone profit fell 17%. Its subsidiary is doing the heavy lifting.
  2. 42d ago KJMC's core profit fell 17%. Its subsidiaries made up the difference.