Issuer Overview
JCL is a non-deposit taking, systematically important non-banking financial company (NBFC), and a wholly owned subsidiary of JFS. The entity plans to provide consumer finance, through primarily secured loans, corporate lending (including working capital loans, supply chain financing and term loans) and lending to small and medium enterprises (working capital funding and term funding). The focus in the medium term will be on building a secured lending book.
JCL offers a range of loan products, including corporate loans for enterprises and retail loans such as home loans, loan against property, loan against shares/mutual funds, and vehicle and device leasing solutions to employees of large corporate entities. It operates through 24 branches across 8 states and has over 1033 employees as on March 31, 2026.
JCL generated a PAT of Rs 224 crore on total income of Rs 1,496 crore in fiscal 2026 against PAT of Rs 105 crore on a total income of Rs 358 crore, respectively, in fiscal 2025. Additionally, the company reported a PAT of Rs 96 crore on a total income of Rs 698 crore in the first quarter of fiscal 2027.