---
title: "SJ Corporation Ltd (504398) — Share Price, Financials & Analysis"
symbol: "504398"
company: "SJ Corporation Ltd"
canonical: "https://tapetide.com/stocks/504398"
isin: "INE312B01027"
bse_code: "504398"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
market_cap_cr: 807.5
generated_at: "2026-09-13T18:47:06.226Z"
---

# SJ Corporation Ltd (504398)

Canonical page: https://tapetide.com/stocks/504398

## Company

- **BSE Code:** 504398
- **ISIN:** INE312B01027
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2006-11-16
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** sjcorp.in

## About

Incorporated in 1981, SJ Corporation Ltd is in the business of Gems & Jewelry and Real Estate Development.

## Latest Price

## Key Fundamentals

Observed at 2026-09-07T04:34:12.179913Z.

- **Market Cap:** ₹807.5 Cr
- **Classification:** Microcap
- **P/E (reported):** 802
- **Book Value:** ₹11.17
- **Price to Book:** 16.51
- **Dividend Yield:** 0%
- **ROE:** -2.41%
- **ROCE:** -2.66%
- **Debt to Equity:** 3.32
- **Revenue (yearly):** ₹21.04 Cr
- **Net Income:** ₹0.72 Cr
- **EBITDA:** ₹0.02 Cr
- **52-Week High:** ₹184.45
- **52-Week Low:** ₹61.75

## Key Insights

### Weaknesses

- Stock is trading at 16.7 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 13.6%
- Company might be capitalizing the interest cost
- Company has high debtors of 434 days.
- Promoter holding has decreased over last 3 years: -57.2%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -56.47% | 130.2% | 289.74% |
| ebitda margin growth | 6.7% | -139.13% | -86.57% | -81.25% |
| net income growth | 350% | -460% | — | — |
| revenue growth | 602.5% | 36.62% | 10.49% | 7.88% |
| roce | — | — | -140.8% | 0.36% |
| roe | — | — | 0.58% | 18.72% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 7.58 | 5.95 | 7.06 | 7.72 | 55.43 |
| Expenses | 7.55 | 6.31 | 6.9 | 8.09 | 49.51 |
| Operating Profit | 0.03 | -0.36 | 0.16 | -0.37 | 5.92 |
| OPM % | 0.4 | -6.05 | 2.27 | -4.79 | 10.68 |
| Other Income | 0.09 | 0.69 | 0 | 0.33 | 0.78 |
| Interest | 0 | 0 | 0 | 0.26 | 2.41 |
| Depreciation | 0.05 | 0.03 | 0.03 | 0.17 | 1.93 |
| Profit before tax | 0.07 | 0.3 | 0.13 | -0.47 | 2.36 |
| Tax % | -57.14 | 0 | -7.69 | 27.66 | 34.32 |
| Net Profit | 0.11 | 0.3 | 0.13 | -0.61 | 1.54 |
| EPS in Rs | 0.13 | 0.36 | 0.16 | -0.14 | 0.36 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Sales | 15.31 | 24.5 |
| Expenses | 15.47 | 25.12 |
| Operating Profit | -0.16 | -0.62 |
| OPM % | -1.05 | -2.53 |
| Other Income | 0.12 | 1.04 |
| Interest | 0 | 0.26 |
| Depreciation | 0.19 | 0.27 |
| Profit before tax | -0.23 | -0.11 |
| Tax % | -8.7 | 109.09 |
| Net Profit | -0.2 | -0.24 |
| EPS in Rs | -0.24 | -0.06 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Equity Capital | 0.84 | 4.34 |
| Reserves | 7.55 | 44.09 |
| Borrowings | 0 | 160.91 |
| Other Liabilities | 1 | 13.61 |
| Total Liabilities | 9.39 | 222.95 |
| Fixed Assets | 0.73 | 49.9 |
| CWIP | 0 | 60.57 |
| Investments | 0.72 | 1.04 |
| Other Assets | 7.94 | 111.44 |
| Total Assets | 9.39 | 222.95 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Cash from Operating Activity | 0.74 | -71.82 |
| Cash from Investing Activity | -0.04 | -130.31 |
| Cash from Financing Activity | 0 | 202.66 |
| Net Cash Flow | 0.7 | 0.53 |
| Free Cash Flow | 0.65 | -178.87 |
| CFO/OP | -456 | 11534 |

### Ratios

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Debtor Days | 0.24 | 434.28 |
| Inventory Days | 79.09 | 526.46 |
| Days Payable | 0 | 140.81 |
| Cash Conversion Cycle | 79.33 | 819.93 |
| Working Capital Days | 128.02 | 265.18 |
| ROCE % | — | 0.14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.86% | 70.86% | 70.86% | 70.86% | 70.86% | 70.86% | 70.86% | 70.86% | 70.86% | 70.86% | 13.65% | 13.65% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 28.78% | 28.79% | 28.76% | 28.92% | 28.92% | 28.87% | 28.87% | 28.87% | 28.87% | 28.87% | 56.73% | 23.29% |
| Others | 0.36% | 0.36% | 0.38% | 0.23% | 0.23% | 0.27% | 0.27% | 0.27% | 0.27% | 0.27% | 29.61% | 63.06% |
| No. of Shareholders | 525 | 516 | 503 | 498 | 498 | 492 | 488 | 485 | 484 | 483 | 492 | 482 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 180.47 | Buy |
| EMA (10) | 188.79 | Sell |
| SMA (20) | 159.83 | Buy |
| EMA (20) | 304.11 | Sell |
| SMA (50) | 783.96 | Sell |
| EMA (50) | 504.18 | Sell |
| SMA (100) | 409.33 | Sell |
| EMA (100) | 448.96 | Sell |
| SMA (200) | 216.68 | Sell |
| EMA (200) | 310.96 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.45 | Neutral |
| MACD (12,26,9) | -177.52 | Buy |
| Stochastic (14,3,3) | 100 | Sell |
| ADX (14) | 7.24 | Neutral |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 511.75 | High Volatility |
| ROC (12) | 19.62 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 80.73 | Sell |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 May - Unreadable garbled text; announcement details cannot be determined. | [Updates on Open Offer 8 May - Unreadable garbled text; announcement details cannot be determined.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/CABCAD11-3AD6-4C5C-AE5A-594E3EB8C950-182916.pdf) |
| 8 May - Revised draft open offer for 1,12,72,300 shares at ₹12 each; tendering opens June 17 and closes July 1, 2026. | [Revised Draft Letter of Offer 8 May - Revised draft open offer for 1,12,72,300 shares at ₹12 each; tendering opens June 17 and closes July 1, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/02E605DB-6989-4CCB-AEA1-29472C6A238D-182830.pdf) |
| 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59aadc4e-6f95-48f6-a95d-4badb96263a9.pdf) |
| 6 Feb - Newspaper clippings of the Notice Published in The Free Press Journal (English) & Navshakti (Marathi) on 06-02-2026 informing about dispatch/mailing of Postal Ballot and E-voting … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Newspaper clippings of the Notice Published in The Free Press Journal (English) & Navshakti (Marathi) on 06-02-2026 informing about dispatch/mailing of Postal Ballot and E-voting …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41b726a5-3883-46bf-9f41-21039b10faae.pdf) |
| 3 Feb - Luggage unit closed effective 02 Feb 2026; unit contributed 42.78% of consolidated turnover. | [Announcement Under Regulation 30 (LODR)Regulation, 2015 3 Feb - Luggage unit closed effective 02 Feb 2026; unit contributed 42.78% of consolidated turnover.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45d2e03b-57f5-432a-bb41-188294cb32f6.pdf) |
| 27 Mar - Independent directors reviewed board and chairperson performance and information flow on 27-03-2026. | [Board Meeting Outcome for Outcome Of Separate Meeting Of The Independent Directors Of The Company. 27 Mar - Independent directors reviewed board and chairperson performance and information flow on 27-03-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70c6a8e9-a18e-4138-a9a0-f96b4994e062.pdf) |
| 27 Apr - SJ Corporation says LC disclosure norms are not applicable for FY2026. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 27 Apr - SJ Corporation says LC disclosure norms are not applicable for FY2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/359ba034-b786-4b1b-9bf2-c8d76e5f21d5.pdf) |
| 27 Apr - Company confirms it is not a Large Corporate; disclosure not applicable for FY2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 27 Apr - Company confirms it is not a Large Corporate; disclosure not applicable for FY2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3e0dc8fb-d10d-4174-946b-bb4c418afcfe.pdf) |
| 27 Apr - BSE approved listing of 3.5 crore preferential equity shares at Rs. 12 each, effective April 27, 2026. | [Announcement Under Regulation 30 Of The SEBI (LODR) - Receipt Of Trading Approval Letter For Listing 3,50,00,000 Equity Shares On A Preferential Basis 27 Apr - BSE approved listing of 3.5 crore preferential equity shares at Rs. 12 each, effective April 27, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c4f0e1e-653a-4aeb-a85d-f73da1b2f6fd.pdf) |
| 2 Mar - EGM on 02-Mar-2026: propose preferential equity issue, regularize two directors, approve acquisition of Fishfa Rubbers Ltd. | [Disclosure Of Events Or Information - Proceeding Of Extra Ordinary General Meeting Held On 02Nd March, 2026 2 Mar - EGM on 02-Mar-2026: propose preferential equity issue, regularize two directors, approve acquisition of Fishfa Rubbers Ltd.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/92229305-6615-4583-a972-4822f377f29f.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0962d4e0-e961-40b2-ae4c-7b9fb0886029.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3afbf46-7530-46ca-9b4b-98d768a7e4c6.pdf) |
| 2026-09-02 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11EC255C_BEA0_439A_A941_8721D4BD12EF_102955.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3e4d5d2-6bf0-4611-a289-4974c1648137.pdf) |
| 2026-08-27 | [Board Meeting Outcome for Outcome Of Board Meeting Held On August 27 2026 Under Regulation 30 And Other Regulations If Any Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended From Tim](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=40b5fc5e-e895-4e20-9d68-1a901408cd1d.pdf) |
| 2026-08-27 | [Intimation Of Book Closure For 45Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d54948f8-c38c-4f38-a924-b53b02e4850a.pdf) |
| 2026-08-26 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4B947CF9_E04E_4A09_BB61_98E4E92F96BE_123638.pdf) |
| 2026-08-26 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=F71DC083_4022_4BBD_A4AB_CC6750CFE33B_125143.pdf) |
| 2026-08-26 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2EFD916F_502B_480B_A2A2_A646B6C50C9F_125524.pdf) |
| 2026-08-26 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=A26EB968_B2B9_455E_B625_86A03A76E7A6_131624.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Unaudited Standalone And Consolidated Financial Results With Limited Review Report For The Quarter Ended As On 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bee40fc5-eb62-46fc-a344-2da7ffb6ce15.pdf) |
| 2026-05-30 | [Financial Result For March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=daca3120-526e-488e-86d9-6e5d90cc9d77.pdf) |
| 2026-02-10 | [Submission Of Unaudited (Provisional) Financial Results For The 3Rd Quarter And Nine Month Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97e1e812-5f9d-4032-94b9-00507f141c13.pdf) |
| 2025-11-13 | [Submission Of Unaudited (Provisional) Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ece66857-f330-4b24-b4de-e82564bd72b6.pdf) |
| 2025-08-07 | [Submission Of Unaudited (Provisional) Financial Results For The 1St Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=491ceb2a-2461-45ae-84ab-cb42aa3a2ce1.pdf) |
| 2025-05-31 | [Corrigendum Letter For Quarter 4 Results Submission](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=573752c0-1a55-43b2-9ed9-810b962805fc.pdf) |
| 2025-05-30 | [Submission Of Audited Financial Results And Audit Report For The Quarter And Year Ended 31St March2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f28cba79-c050-4b97-a293-4f5c81977d07.pdf) |
| 2025-02-07 | [Submission Of Unaudited (Provisional) Financial Results For The 3Rd Quarter And Nine Month Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9cad7396-74ba-4e55-8af0-3b95d71f2aae.pdf) |
| 2024-10-25 | [Submission Of Unaudited (Provisional) Financial Results For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0de17216-18ed-4421-bf64-b3c2bfa97416.pdf) |
| 2024-08-13 | [Submission Of Unaudited (Provisional) Financial Results For The 1St Quarter Ended 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2820d1dc-f1de-4cf0-901e-df5412f20efb.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a57c6b4d-2dea-444c-b748-862b52325c69.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d35c7d12-4d5f-4531-9e37-a7d1113c0f67.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a5f0d7e-75bc-4600-8cf5-cc9457e5d042.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93afbaf2-2bfd-4c6e-8f09-6492b9c66572.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/950bbb7f-1ccd-4be1-8032-603d9ebee967.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ed6137c-e1e3-42db-bf31-1f34d73ad053.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/16322268-60e0-4244-9571-e80fe8a50407.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d8ffb00-6dca-40ed-bd57-dfb39cecd591.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543453/75026543453.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/504398/74241504398.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/504398/69367504398.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/504398/65079504398.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:47:06.226Z.