Jindal Photo Limited operates as an investment company in India, primarily engaged in the business of holding strategic investment in the shares of group companies. Incorporated in 1986, the company has evolved from its original photographic business to become a core investment company and provides management consultancy services. The company was incorporated in 2004 and is headquartered in New Delhi, India.
While the company originally engaged in the manufacture of photographic paper and films, with a product range that included Color Roll Films, Cameras, Photographic Color Paper, Medical X-Ray Films & Equipments, Cine Color Positive Film, Photo Processing Equipments and Photographic Chemicals, the photographic business was carried on with the brand FUJIFILM, which had been well established in the photographic market. The company's name was changed from Consolidated Photo Products Ltd to Jindal Photo Ltd with effect from December 13, 2004.
JPL is currently a core investment company that has made strategic investments in Group Companies and provides management consultancy services. The company has undergone significant transformation over the years, transitioning from manufacturing operations to focus on investment activities. In May 2009, the company sold their investment in Jindal India Power ventures Ltd, and during 2009-10, acquired the entire shareholding of Jindal India Finvest & Holdings Ltd, making it a wholly owned subsidiary. They also acquired 2.20 crore equity shares of Jindal India Powertech Ltd by investing Rs 8.80 crore.
During the financial year 2010-11, the company incorporated a subsidiary company, namely Jindal Minerals & Metals (Mozambique) Limitada, in Mozambique (Africa) for the purpose of exploring mining opportunities in African continent. In 2015, the Company launched Academy for Photographic Excellence, a photography institute dedicated to the pursuit of imparting photo-education.
Jindal Photo Ltd has a market capitalisation of ₹878 crore as of May 2025. The company's market cap increased by 17.8% in one year, with revenue of ₹2.46 crore and profit of ₹226 crore. The company is almost debt-free, which provides financial stability and flexibility for future investments.
Recent financial highlights include:
* Net profit declined 72.67% to ₹24.61 crore in Q4 2024 compared to ₹90.05 crore in Q4 2023.
* Sales rose 11.63% to ₹0.48 crore in Q4 2024 compared to ₹0.43 crore in Q4 2023.
* TTM profit after tax was ₹293 crore.
* Operating revenue of ₹20.89 crore on a trailing 12-month basis.
* Market Capitalization: ₹878 crore (as of May 2025)
* Revenue: ₹2.46 crore
* Profit: ₹226 crore
* Q4 2024 Net Profit: ₹24.61 crore (down 72.67% from Q4 2023)
* Q4 2024 Sales: ₹0.48 crore (up 11.63% from Q4 2023)
* TTM Profit After Tax: ₹293 crore
* Operating Revenue (TTM): ₹20.89 crore
* Return on Equity (3 years): 11.7%
* Earnings (incl. other income): ₹229 crore
* P/E Ratio: 3.22 (as of April 2025)
* P/B Ratio: 0.37 (as of April 2025)
* 52-Week High: ₹1029.75
* 52-Week Low: ₹536
* Return (3 years): 36.49%
* Promoter Holding: 74.2%
Promoter holding stands at 74.2%, indicating strong promoter confidence in the company's prospects. The promoters of Jindal Photo Ltd are Concatenate Power Advest Private Limited and FUTURISTIC TRUST (formerly known as SSJ Trust) with trustees Mr. Shyam Sunder Jindal & Mrs. Subhadra Jindal, who collectively own 74.2% of the total equity. There is no promoter pledging in Jindal Photo Ltd, which is a positive indicator for investors.
In May 2025, Jindal Photo submitted its Annual Secretarial Compliance Report for FY25 with no non-compliances or penalties noted. The company also appointed a new Company Secretary and re-appointed internal auditors while approving FY25 audited results with unmodified opinion.
Though the company is reporting repeated profits, it is not paying out dividends, which suggests that the company is retaining earnings for reinvestment purposes. The company's strategic focus on investment holdings and management consultancy services positions it as a unique player in the investment space, particularly within the Jindal Group ecosystem.
