# Jaykay Enterprises share price today (Jaykay Enterprises Ltd, NSE: JAYKAY)

> Jaykay Enterprises share price today: ₹198.34 at the NSE close on 3 November 2026, down 5.3% in a year. Jaykay Enterprises (NSE: JAYKAY) is worth ₹2,997 crore, trades at a P/E of 73.5 and has closed between ₹117.53 and ₹229.70 over the past 52 weeks. > Jaykay Enterprises Ltd's earnings have grown faster than its share price. Earnings per share grew +2,982.0% in a year while the price moved −5.3%. JAYKAY · Aerospace & Defence - Equipments · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/jaykay-enterprises-ltd

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## Key numbers

- Business trend: Getting better, from fewer quarters than usual
- Price: ₹198.34 (−5.3% in a year)
- P/E: 73.5× (higher than 74% of the last 11 years)
- Revenue (Jun 2026): ₹74.6 Cr (+34.5% on a year ago)
- Profit (Jun 2026): ₹4.5 Cr (−77.7% on a year ago)
- Operating margin: 14.2% (+1.8 points on a year ago)
- ROCE: 5%, FY26
- Profit that came in as cash: 5%, last 3 years

The main question: profits are rising, but only 5% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Jaykay Enterprises share price today? Jaykay Enterprises Ltd's share price was ₹198.34 at the close on 3 November 2026. It has been rising for 5 weeks. That is 17.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹118 and ₹230, and at that close it sat 72% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 9 weeks in a row. Over the last 11 years the share price moved +9,768% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Jaykay Enterprises this quarter? Three changes stood out: profit fell in the June 2026 quarter, revenue up on a year earlier for 5 quarters in a row and highest quarterly revenue in 15 quarters. 1. Profit fell in the June 2026 quarter Profit was ₹5 crore, -77.7% on a year earlier (₹20 crore), after 4 quarters of growth. 2. Revenue up on a year earlier for 5 quarters in a row In the June 2026 quarter revenue was ₹75 crore, +34.5% on a year earlier. 3. Highest quarterly revenue in 15 quarters Revenue of ₹75 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What are Jaykay Enterprises' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Jaykay Enterprises reported revenue of ₹74.6 crore, up 34.5% from ₹55.5 crore a year earlier, and a profit of ₹4.51 crore, down 77.7% from ₹20.2 crore. ### Jaykay Enterprises results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹74.6 crore | ₹55.5 crore | +34.5% |
| Profit | ₹4.51 crore | ₹20.2 crore | −77.7% |
| Earnings per share | ₹0.29 | ₹1.43 | −79.7% |
| Operating margin | 14.2% | 12.4% | +1.8 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Jaykay Enterprises share price history? Jaykay Enterprises closed at ₹198.34 on 3 November 2026, down 5.3% from ₹209.46 a year earlier (31 October 2025) and up 592.3% over five years. Its highest weekly close since March 2016 was ₹229.70 on 9 October 2026. ### Jaykay Enterprises share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹195.00 | +1.7% |
| 1 month ago · 1 Oct 2026 | ₹201.65 | −1.6% |
| 6 months ago · 30 Apr 2026 | ₹168.57 | +17.7% |
| 1 year ago · 31 Oct 2025 | ₹209.46 | −5.3% |
| 3 years ago · 3 Nov 2023 | ₹42.76 | +363.8% |
| 5 years ago · 4 Nov 2021 | ₹28.65 | +592.3% |
| 10 years ago · 4 Nov 2016 | ₹2.32 | +8,449.1% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹2.01 | +9,767.7% |
| Highest weekly close since March 2016, also the 52-week high · 9 Oct 2026 | ₹229.70 | −13.7% |
| Lowest weekly close since March 2016 · 20 Mar 2020 | ₹1.40 | +14,067.1% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹117.53 | +68.8% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Jaykay Enterprises? 3 Nov 2026: Jaykay Enterprises closed at ₹198.34, up 1.7% on the week and down 1.6% on the month. Results for April to June 2026: Revenue up 34.5% and profit down 77.7% on a year earlier. ## What dividend does Jaykay Enterprises pay? Jaykay Enterprises has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. Jaykay Enterprises Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Jaykay Enterprises management say on the latest results call? Jaykay Enterprises' management made 0 promises we could check against what it later reported. (Our read after the April to June 2026 results, written 10 October 2026.)

## What is the future of Jaykay Enterprises? What is changing in the business? What is changing at Jaykay Enterprises, from the latest results and calls: operating scale, devanahalli commissioning and defence order execution. - Operating scale. Higher revenue is reaching operating profit, although reported profit follows a different path. ✓ fact
- Devanahalli commissioning. A dated commissioning goal provides a testable route from construction to production. ⚠ estimate
- Defence order execution. Disclosed defence orders support a business opportunity, but execution and collection remain separate tests. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the April to June 2026 results, written 10 October 2026.)

## What could change the Jaykay Enterprises story? What are the risks? Commissioning fails to produce customer-accepted deliveries and positive operating cash while funding needs and doubtful subsidiary balances continue to increase. ### Each change stops working if

- Operating scale: Revenue growth requires lower pricing or additional costs that erase the operating-profit contribution. - Devanahalli commissioning: Commissioning slips or installed equipment remains unqualified for customer production. - Defence order execution: Orders fail to convert into accepted deliveries or milestone payments. ### The main risks

- Cash funding and inventory: The inventory build and borrowing purpose remain unexplained. ⚠ estimate
- Subsidiary receivable recovery: A disclosed doubtful-receivable issue requires a current recovery and provisioning reconciliation. ⚠ estimate
- Commissioning without earnings: A completed facility may incur costs before producing customer-accepted revenue. ⚠ estimate
- Loss-base optics and dilution: Loss-base percentages and additional shares can overstate the apparent shareholder recovery. ⚠ estimate

(Our read after the April to June 2026 results, written 10 October 2026.)

## What to watch in Jaykay Enterprises' next results? When Jaykay Enterprises reports July to September 2026, these are the 6 checks that show whether the story is still on course. First: Reported profit rises without a corresponding increase in operating profit and operating cash. | What to check | Why |
| --- | --- |
| Reported profit rises without a corresponding increase in operating profit and operating cash. | Reported earnings distortion |
| Inventory and borrowing increase without deliveries, cash collection or a documented qualification schedule. | Cash funding and inventory |
| The price continues to rise while recurring operating earnings and cash fail to validate the expansion. |  |
| Recovery remains an expectation while balances, support funding or audit qualifications persist. | Subsidiary receivable recovery |
| The commissioning goal is met but production revenue and operating cash remain absent. | Commissioning without earnings |
| Operating profit improves but recurring EPS fails to improve after additional capital is issued. | Loss-base optics and dilution |

## Which stock lists is Jaykay Enterprises on? Jaykay Enterprises is on 2 of our India lists: Breakout stocks and Defence stocks. - [Breakout stocks Breakout date: 16 October 2026](https://www.sectoralpha.in/breakout-stocks-india)
- [Defence stocks Group on the list: Defence equipment and electronics](https://www.sectoralpha.in/sectors/aerospace-defence-equipments)

## Is Jaykay Enterprises profitable? Jaykay Enterprises Ltd earned ₹4.5 Cr of net profit in the Jun 2026 quarter, −77.7% on the same quarter a year earlier. Full-year FY26 profit was ₹216 Cr. Over 10 years profit has grown 40.9% a year on average. That is 6.0% of the quarter's revenue. The same quarter a year earlier earned ₹20.2 Cr. 1 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹216 Cr (+2,985.7% on the year before). Why profit moved: revenue changed +34.5% on a year earlier and the margin moved +1.8 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +522.6% and revenue +193.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. FY26-Q4. revenue ₹61 Cr and profit ₹180 Cr as reported. FY27-Q1. revenue ₹75 Cr and profit ₹5 Cr as reported. Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters. ## How much revenue does Jaykay Enterprises make, and is it growing? Jaykay Enterprises Ltd reported ₹74.6 Cr of revenue in the Jun 2026 quarter, +34.5% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. The last full year, FY26, came in at ₹240 Cr. The last four reported quarters add to ₹259 Cr. Why this happened. The benefit retained after depreciation, financing and tax is smaller than the operating-profit improvement. Segment contribution, customer pricing and competitor responses are not sufficiently disclosed to extrapolate the incremental margin. A growth rate over several years is not shown, because there are too few years of figures to work one out properly. FY26 revenue was ₹240 Cr, +196.3% on the year before. Is growth speeding up? Revenue over the last 12 months grew +117.5%, against +102.9% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +822.0%, against +279.5% a year (accelerating). FY26-Q4. revenue ₹61 Cr and profit ₹180 Cr as reported. FY27-Q1. revenue ₹75 Cr and profit ₹5 Cr as reported. Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does Jaykay Enterprises keep? Jaykay Enterprises Ltd's operating margin was 14.2% in the Jun 2026 quarter, 1.8 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between −1,774.0% and 10.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +1.8 percentage points on the year while gross margin changed −1.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. FY26-Q4. revenue ₹61 Cr and profit ₹180 Cr as reported. FY27-Q1. revenue ₹75 Cr and profit ₹5 Cr as reported. Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters. ## Is Jaykay Enterprises' profit turning into cash? Over the last 3 years, 5% of Jaykay Enterprises Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹43.0 Cr of operating cash against ₹216 Cr of profit. After ₹36.0 Cr of spending on assets, ₹7.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 5% of profit came in as cash: the cash cycle got 365 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 365 days longer. The next section looks at where the cash is stuck. ## Where does Jaykay Enterprises' cash go? Jaykay Enterprises Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 365 days in FY26, up from 0 days in FY21. It spent ₹145 Cr on assets over the last 3 years. Customers take 145 days to pay, and stock sits for 901 days on average. At FY26 sales of ₹240 Cr, each day of that cycle ties up about ₹0.7 Cr, so roughly ₹240 Cr is tied up in the business at any time. FY26: customers took 145 days to pay and stock sat for 901 days, about 29.6 months of sales sitting as stock, for a full cycle of 365 days, longer than FY21's 0. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 901 days. Customers pay about 145 days after that. Suppliers are paid at 681 days. Together that makes the 365-day cycle. Spending on assets: ₹145 Cr over the last 3 years, against ₹23.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹60.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Jaykay Enterprises' P/E ratio, and how does it compare with its own history? Jaykay Enterprises Ltd's P/E is 73.5×, near the high end of its own history: higher than 74% of past readings. Its usual P/E (the middle reading) is 31.4×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +2,982.0% while the price moved −5.3%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +47.3% a year; about −1.3% a year came from earnings growth and about +48.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 61% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What growth does the Jaykay Enterprises share price assume? Worked out from its price on 11 October 2026, Jaykay Enterprises Ltd's share price assumed profit growth of about 11.7% a year. Over the past 10 years its profit actually grew 40.9% a year. Today its P/E is 73.5×, higher than 74% of its own last 11 years. This is a one-day reading, taken on 11 October 2026. Every other number on this page, the multiple included, uses the latest price as of 3 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Jaykay Enterprises business getting better or worse? Jaykay Enterprises Ltd's business is getting better. EPS growth hit its low 6 quarters ago at −10.2% and has recovered to +814.0%, with ROCE steady at 5.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: a lasting rise from a low is what this page is built to show. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## What is the Jaykay Enterprises story, and has it been checked? Jaykay Enterprises Ltd's story is not scored yet against the checks our research set on 10 October 2026. Where it sits in its own cycle: EARLY EXPANSION. Still open: Commissioning fails to produce customer-accepted deliveries and positive operating cash while funding needs and doubtful subsidiary balances continue to increase. From the numbers. The deterministic operating stage indicates early expansion with recent weakening; the separate price-curve stage is 1. The…

From the price. Price stage 2, week 5, above its 200-day line, relative strength rising. Where they disagree. The deterministic operating stage indicates early expansion with recent weakening; the separate price-curve stage is 1. The weekly snapshot's opportunity matrix conflicts with its bubble segment and low-reliability warning. What is not proven yet. Commissioning fails to produce customer-accepted deliveries and positive operating cash while funding needs and doubtful subsidiary balances continue to increase. What would change our mind. Commissioning fails to produce customer-accepted deliveries and positive operating cash while funding needs and doubtful subsidiary balances continue to increase. The test written in advance. Commissioning fails to produce customer-accepted deliveries and positive operating cash while funding needs and doubtful subsidiary balances continue to increase. Measured by: the thesis as written as stated by the next result. The test written in advance. Reported earnings distortion. Measured by: Reported earnings distortion Reported PAT rises without a corresponding increase in operating profit and operating cash. by the next result. The test written in advance. Cash funding and inventory. Measured by: Cash funding and inventory Inventory and borrowing increase without deliveries, cash collection or a documented qualification schedule. by the next result. What the company does. The reported profit surge substantially overstates the evidence for recurring earnings. Capacity commissioning offers a dated opportunity, conditional on deliveries, cash collection and profit reaching shareholders after dilution. What the surface reading misses. The surface reading is: Higher operating profit suggests earnings acceleration. The research reads it further: Operating profit improves, but depreciation, interest and tax intervene before PAT. The comparison quarter's non-operating income further separates reported PAT from operating activity. What the surface reading misses. The surface reading is: The large PAT print suggests a breakthrough in profitability. The research reads it further: The operating result was negative. Sources: our stock research file (10 October 2026) · quarterly results through Jun 2026. The story check is re-scored every results season; the record below never changes. ## How much does Jaykay Enterprises earn on its capital? Jaykay Enterprises Ltd earned a ROCE of 5% in FY26. That is up from a low of −1% in FY20. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 90.0% net margin and 0.29× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 90.0% net margin × 0.29× asset turnover × 1.21× leverage (assets divided by equity) ≈ 31.6% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 61% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Jaykay Enterprises have too much debt? Jaykay Enterprises Ltd had ₹39.0 Cr of borrowings against ₹690 Cr of equity in FY26, so its debt is 0.06× its equity. Its operating profit is 3 times its interest bill. Over 5 years borrowings went from ₹0.0 Cr to ₹39.0 Cr. Over the last 3 of those years it spent ₹145 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 61% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Jaykay Enterprises shareholding pattern? Promoters raised their stake in Jaykay Enterprises Ltd by 5.4 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 66.0% of the company. Foreign institutions moved +0.4 points over the same period, to 0.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +5.4 points over 8 quarters, to 66.0%; Foreign institutions: +0.4 points over 8 quarters, to 0.5%; Domestic institutions: −0.2 points over 8 quarters, to 0.0%. Why the owners changed: promoters drove it (+5.4 points). They raised their stake step by step. ## How far is Jaykay Enterprises from balance-sheet trouble? For Jaykay Enterprises Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Jaykay Enterprises rank in its industry? 56.4 out of 100, rank 7 of 25 in Aerospace & Defence - Equipments, with 51% of the evidence available. Jaykay Enterprises Ltd scores 56.4 out of 100 against the 25 companies it is compared with in Aerospace & Defence - Equipments, ranking 7. Some evidence is missing, so the score is pulled toward the middle on purpose. The three scored parts add up to the total exactly: 34.3 + 9.2 + 12.9 = 56.4 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Jaykay Enterprises compared with? Jaykay Enterprises ranks 7 of 25 Aerospace & Defence - Equipments companies on the 4-Factor Sector Score, with 56.4 out of 100. 1. [Apollo Micro Systems Ltd](https://www.sectoralpha.in/stocks/apollo-micro-systems-ltd) APOLLO · turning · Most evidence points up · 100% evidence 70.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.9/35 · Revenue 77% · Profit 63.8% · Operating margin change 3 points · 100% evidence Capital efficiency 15.8/25 · ROCE 14.5% · Operating margin 29% · 100% evidence Valuation 9.2/20 · P/E 107× · PEG 1.7 · 100% evidence Relative strength 16.4/20 · Lead over its industry 10% · Lead over NIFTY 500 31% · 1 year 44.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 28.9 + 15.8 + 9.2 + 16.4 = 70.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [MTAR Technologies Ltd](https://www.sectoralpha.in/stocks/mtar-technologies-ltd) MTARTECH · breaking out · Most evidence points up · 90% evidence 70.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.3/35 · Revenue 53.5% · Profit 100% · Operating margin change 10.2 points · 100% evidence Capital efficiency 15.6/25 · ROCE 15.1% · Operating margin 23.2% · 100% evidence Valuation 7.4/20 · P/E 155× · PEG n/a · 50% evidence Relative strength 14.9/20 · Lead over its industry 18.6% · Lead over NIFTY 500 37.1% · 1 year 168.4% · 100% evidence · 5 of 12 weeks ahead Exact sum: 32.3 + 15.6 + 7.4 + 14.9 = 70.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Rossell Techsys Ltd](https://www.sectoralpha.in/stocks/rossell-techsys-ltd) ROSSTECH · leader · Evidence leans up · 79% evidence 64.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 82.9% · Profit 68.8% · Operating margin change 1.8 points · 88% evidence Capital efficiency 8.2/25 · ROCE 11.5% · Operating margin 14.4% · 100% evidence Valuation 8.8/20 · P/E 194× · PEG n/a · 15% evidence Relative strength 19.5/20 · Lead over its industry 28.7% · Lead over NIFTY 500 52.7% · 1 year 107.2% · 100% evidence · 11 of 12 weeks ahead Exact sum: 27.5 + 8.2 + 8.8 + 19.5 = 64 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Paras Defence and Space Technologies Ltd](https://www.sectoralpha.in/stocks/paras-defence-and-space-technologies-ltd) PARAS · breaking out · Evidence leans up · 82% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 41.5% · Profit 58.8% · Operating margin change 1 points · 95% evidence Capital efficiency 17.5/25 · ROCE 17.2% · Operating margin 29% · 76% evidence Valuation 8.7/20 · P/E 98.6× · PEG n/a · 50% evidence Relative strength 13.3/20 · Lead over its industry 17.1% · Lead over NIFTY 500 37.9% · 1 year 76.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 24.4 + 17.5 + 8.7 + 13.3 = 63.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [Sigma Advanced System Ltd](https://www.sectoralpha.in/stocks/sigma-advanced-system-ltd) SIGMAADV · leader · Evidence leans up · 78% evidence 58.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.4/35 · Revenue 100% · Profit 20.3% · Operating margin change 307 points · 83% evidence Capital efficiency 9.8/25 · ROCE 11.7% · Operating margin 16% · 76% evidence Valuation 6.9/20 · P/E 102× · PEG n/a · 50% evidence Relative strength 15.0/20 · Lead over its industry 96.2% · Lead over NIFTY 500 116.7% · 1 year 318.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 26.4 + 9.8 + 6.9 + 15 = 58.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Azad Engineering Ltd](https://www.sectoralpha.in/stocks/azad-engineering-ltd) AZAD · leader · Evidence leans up · 89% evidence 57.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 29% · Profit 41.4% · Operating margin change 1 points · 88% evidence Capital efficiency 12.6/25 · ROCE 11.9% · Operating margin 37% · 100% evidence Valuation 9.0/20 · P/E 114× · PEG 1.94 · 65% evidence Relative strength 14.9/20 · Lead over its industry 4.2% · Lead over NIFTY 500 24.6% · 1 year 44.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21 + 12.6 + 9 + 14.9 = 57.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. Jaykay Enterprises Ltd this page JAYKAY · breaking out · Too little evidence to rank firmly · 51% evidence 56.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.3/43.75 · Revenue 100% · Profit 100% · Operating margin change 1.8 points · 83% evidence Capital efficiency 9.2/31.25 · ROCE 4.8% · Operating margin 14.2% · 76% evidence Valuation 12.9/25 · P/E 72.3× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.3 + 9.2 + 12.9 = 56.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Sika Interplant Systems Ltd](https://www.sectoralpha.in/stocks/sika-interplant-systems-ltd) SIKA · quiet · Evidence leans up · 81% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.1/35 · Revenue 0.5% · Profit 9.8% · Operating margin change 1.1 points · 88% evidence Capital efficiency 21.7/25 · ROCE 34.6% · Operating margin 19.5% · 100% evidence Valuation 12.9/20 · P/E 51.9× · PEG 1.01 · 100% evidence Relative strength 7.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.8% · 1 year -27.7% · 25% evidence · 5 of 12 weeks ahead Exact sum: 13.1 + 21.7 + 12.9 + 7.8 = 55.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Data Patterns (India) Ltd](https://www.sectoralpha.in/stocks/data-patterns-indialtd) DATAPATTNS · quiet · Evidence leans up · 96% evidence 55.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 33.9% · Profit 24.2% · Operating margin change -5 points · 88% evidence Capital efficiency 21.3/25 · ROCE 21.9% · Operating margin 27% · 100% evidence Valuation 7.4/20 · P/E 78.7× · PEG 3.94 · 100% evidence Relative strength 5.5/20 · Lead over its industry -9.4% · Lead over NIFTY 500 8.8% · 1 year 38.5% · 100% evidence · 5 of 12 weeks ahead Exact sum: 20.8 + 21.3 + 7.4 + 5.5 = 55 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [High Energy Batteries (India) Ltd](https://www.sectoralpha.in/stocks/high-energy-batteries-indialtd) losing its lead · Evidence leans up · 72% evidence 53.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue 1.5% · Profit -3.5% · Operating margin change 32.4 points · 95% evidence Capital efficiency 19.5/25 · ROCE 20.4% · Operating margin 28.1% · 95% evidence Valuation 11.8/20 · P/E 27.3× · PEG n/a · 50% evidence Relative strength 8.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -2% · 1 year n/a · 25% evidence · 7 of 11 weeks ahead Exact sum: 12.9 + 19.5 + 11.8 + 8.9 = 53.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Hindustan Aeronautics Ltd](https://www.sectoralpha.in/stocks/hindustan-aeronautics-ltd) HAL · breaking out · Evidence leans up · 96% evidence 52.4 out of 100 Growth Capital Valuation Relative
12. [Dynamatic Technologies Ltd](https://www.sectoralpha.in/stocks/dynamatic-technologies-ltd) DYNAMATECH · breaking out · Evidence leans up · 79% evidence 50.9 out of 100 Growth Capital Valuation Relative
13. [Bharat Electronics Ltd](https://www.sectoralpha.in/stocks/bharat-electronics-ltd) BEL · turning · Evidence leans up · 100% evidence 50.8 out of 100 Growth Capital Valuation Relative
14. [Astra Microwave Products Ltd](https://www.sectoralpha.in/stocks/astra-microwave-products-ltd) ASTRAMICRO · quiet · Evidence leans down · 96% evidence 47.8 out of 100 Growth Capital Valuation Relative
15. [Zen Technologies Ltd](https://www.sectoralpha.in/stocks/zen-technologies-ltd) ZENTEC · turning · Evidence leans down · 60% evidence 47.6 out of 100 Growth Capital Valuation Relative
16. [Mishra Dhatu Nigam Ltd](https://www.sectoralpha.in/stocks/mishra-dhatu-nigam-ltd) MIDHANI · losing its lead · Evidence leans down · 96% evidence 42.5 out of 100 Growth Capital Valuation Relative
17. [AXISCADES Technologies Ltd](https://www.sectoralpha.in/stocks/axiscades-technologies-ltd) AXISCADES · breaking out · Evidence leans down · 89% evidence 41.6 out of 100 Growth Capital Valuation Relative
18. [BEML Ltd](https://www.sectoralpha.in/stocks/beml-ltd) BEML · breaking out · Evidence leans down · 88% evidence 40.9 out of 100 Growth Capital Valuation Relative
19. [Ideaforge Technology Ltd](https://www.sectoralpha.in/stocks/ideaforge-technology-ltd) IDEAFORGE · quiet · Evidence leans down · 71% evidence 39.8 out of 100 Growth Capital Valuation Relative
20. [Bharat Dynamics Ltd](https://www.sectoralpha.in/stocks/bharat-dynamics-ltd) BDL · basing · Evidence leans down · 96% evidence 35.6 out of 100 Growth Capital Valuation Relative
21. [Avantel Ltd](https://www.sectoralpha.in/stocks/avantel-ltd) AVANTEL · basing · Most evidence points down · 83% evidence 34.7 out of 100 Growth Capital Valuation Relative
22. [Aequs Ltd](https://www.sectoralpha.in/stocks/aequs-ltd) AEQUS · losing its lead · Too little evidence to rank firmly · 51% evidence 28.8 out of 100 Growth Capital Valuation Relative
23. [NIBE Ltd](https://www.sectoralpha.in/stocks/nibe-ltd) NIBE · quiet · Too little evidence to rank firmly · 53% evidence 27.8 out of 100 Growth Capital Valuation Relative
24. [DCX Systems Ltd](https://www.sectoralpha.in/stocks/dcx-systems-ltd) DCXINDIA · quiet · Most evidence points down · 61% evidence 23.8 out of 100 Growth Capital Valuation Relative
25. [Vinyas Innovative Technologies Ltd](https://www.sectoralpha.in/stocks/vinyas-innovative-technologies-ltd) VINYAS · turning · Too little evidence to rank firmly · 44% evidence 62.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Aerospace & Defence - Equipments](https://www.sectoralpha.in/sectors/aerospace-defence-equipments), all 25 compared on one page. ## Which companies are close to Jaykay Enterprises in size? Jaykay Enterprises is the 20th largest of 25 Aerospace & Defence - Equipments companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Rossell Techsys, Avantel and Ideaforge Technology. Just below it: Vinyas Innovative Technologies, Sika Interplant Systems and NIBE. ### Aerospace & Defence - Equipments companies close in size

1. [Rossell Techsys Ltd](https://www.sectoralpha.in/stocks/rossell-techsys-ltd) ₹5,128 crore
2. [Avantel Ltd](https://www.sectoralpha.in/stocks/avantel-ltd) ₹3,583 crore
3. [Ideaforge Technology Ltd](https://www.sectoralpha.in/stocks/ideaforge-technology-ltd) ₹3,125 crore
4. Jaykay Enterprises Ltd ₹2,947 crore
5. [Vinyas Innovative Technologies Ltd](https://www.sectoralpha.in/stocks/vinyas-innovative-technologies-ltd) ₹1,866 crore
6. [Sika Interplant Systems Ltd](https://www.sectoralpha.in/stocks/sika-interplant-systems-ltd) ₹1,799 crore
7. [NIBE Ltd](https://www.sectoralpha.in/stocks/nibe-ltd) ₹1,717 crore

[All 25 Aerospace & Defence - Equipments companies, largest first](https://www.sectoralpha.in/sectors/aerospace-defence-equipments#all-companies)

### Companies close in size in other industries

1. [Advanced Enzyme Technologies Ltd](https://www.sectoralpha.in/stocks/advanced-enzyme-technologies-ltd) ₹2,951 crore · Seeds/Tissue Culture/Bio Technology
2. [Axis Solutions Ltd](https://www.sectoralpha.in/stocks/axis-solutions-ltd) ₹2,947 crore · Engineering - Light - General
3. Jaykay Enterprises Ltd ₹2,947 crore
4. [Bondada Engineering Ltd](https://www.sectoralpha.in/stocks/bondada-engineering-ltd) ₹2,943 crore · Infra - Engineering - General
5. [Parag Milk Foods Ltd](https://www.sectoralpha.in/stocks/parag-milk-foods-ltd) ₹2,929 crore · FMCG - Dairy Products

## What else do people ask about Jaykay Enterprises? ### What is Jaykay Enterprises's share price today? Jaykay Enterprises Ltd's share price is ₹198.34, −5.3% over the past year. The whole company is worth ₹2,997 Cr on the market. In the last 52 weeks it traded between ₹118 to ₹230; today it is 72% of the way up from the low, 17.6% above its 200-day average (as of 3 November 2026). ### What were Jaykay Enterprises's latest quarterly results? Jaykay Enterprises Ltd reported revenue of ₹74.6 Cr and net profit of ₹4.5 Cr for the Jun 2026 quarter. Revenue rose 34.5% and profit fell 77.7% compared with a year earlier. Earnings per share were ₹0.29. The operating margin was 14.2%, 1.8 percentage points higher than a year earlier (as of 3 November 2026). ### What is Jaykay Enterprises's market cap? Jaykay Enterprises Ltd's market capitalisation is ₹2,997 Cr at a share price of ₹198.34. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Jaykay Enterprises performing? Jaykay Enterprises Ltd's share price has been rising for 5 weeks. In its latest quarter, revenue rose 34.5% and profit fell 77.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 9 weeks running (as of 3 November 2026). ### Will Jaykay Enterprises's share price go up? This page does not forecast Jaykay Enterprises Ltd's share price. What it shows instead: the share price is ₹198.34, and it has been rising for 5 weeks. Its P/E of 73.5× is higher than 74% of its own last 11 years (as of 3 November 2026). ### Where is Jaykay Enterprises in its business cycle? Jaykay Enterprises Ltd's FY26 operating margin was 10.0%, against a 13-year range of −1,774.0% to 10.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 14.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Jaykay Enterprises story? The main question: profits are rising, but only 5% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Jaykay Enterprises a stock worth studying right now? What the numbers show: Jaykay Enterprises Ltd's earnings have grown faster than its share price. Earnings per share grew +2,982.0% in a year while the price moved −5.3%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Jaykay Enterprises share price forecast for 2026? What is changing at Jaykay Enterprises, from the latest results and calls: operating scale, devanahalli commissioning and defence order execution. What would change the story: Commissioning fails to produce customer-accepted deliveries and positive operating cash while funding needs and doubtful subsidiary balances continue to increase. ## Lists

- Breakout stocks: https://www.sectoralpha.in/breakout-stocks-india
- Defence stocks: https://www.sectoralpha.in/sectors/aerospace-defence-equipments

This is research, not advice. We’re not SEBI-registered.