Jay Jalaram Technologies (NSE:KORE) Net-Net Working Capital: ₹-37.37 (As of Mar. 2026)

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NSE:KORE Jay Jalaram Technologies Ltd NSE:KORE
78 GF Score
Price ₹114.05
GF Value ₹567.12
Valuation Possible Value Trap
! 4 Warning Signs
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What is Jay Jalaram Technologies Net-Net Working Capital?

Jay Jalaram Technologies NSE:KORE +2.01% 78 Net-Net Working Capital is ₹-37.37 as of Mar. 2026. GuruFocus rates NSE:KORE with a GF Score™ of 78/100 and a GF Value™ of ₹567.12 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 321 Retail - Cyclical companies, Jay Jalaram Technologies ranks worse than 311526.17% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Jay Jalaram Technologies's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₹-37.37.

The industry rank for Jay Jalaram Technologies's Net-Net Working Capital or its related term are showing as below:

NSE:KORE's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.17
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Jay Jalaram Technologies  (NSE:KORE) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Jay Jalaram Technologies Net-Net Working Capital Related Terms


Jay Jalaram Technologies Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Jay Jalaram Technologies's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jay Jalaram Technologies Net-Net Working Capital Chart

Jay Jalaram Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial -20.93 -22.90 -57.19 -56.05 -37.69

Jay Jalaram Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -57.19 -45.21 -56.05 -40.04 -37.37

NSE:KORE vs AMZN, BABA, PDD: Net-Net Working Capital Comparison

For the Internet Retail subindustry, Jay Jalaram Technologies's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jay Jalaram Technologies Price-to-Net-Net-Working-Capital vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jay Jalaram Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Jay Jalaram Technologies's Price-to-Net-Net-Working-Capital falls into.


NSE:KORE
78GF Score
Jay Jalaram Technologies Ltd NSE:KORE
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jay Jalaram Technologies Net-Net Working Capital Calculation

Jay Jalaram Technologies's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(78.379+0.75 * 147.77+0.5 * 1095.624-1188.286
-0-0)/11.972
=-37.69

Jay Jalaram Technologies's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(78.379+0.75 * 147.77+0.5 * 1095.624-1188.286
-0-0)/12.075
=-37.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of ₹-37.37 mean?
Jay Jalaram Technologies (NSE:KORE) has a Net-Net Working Capital of ₹-37.37 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Jay Jalaram Technologies According to the industry distribution chart, Jay Jalaram Technologies ranks #999999 out of 321 companies in the Retail - Cyclical industry.
Is Jay Jalaram Technologies' Net-Net Working Capital too high?
Jay Jalaram Technologies' current Net-Net Working Capital is ₹-37.37. Based on the distribution chart, Jay Jalaram Technologies ranks #999999 out of 321 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Jay Jalaram Technologies has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jay Jalaram Technologies' Net-Net Working Capital compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Jay Jalaram Technologies ranks #999999 out of 321 companies for Net-Net Working Capital. This places Jay Jalaram Technologies in the lower half of its industry. The industry median Net-Net Working Capital is 6.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Retail - Cyclical company?
The median Net-Net Working Capital among Retail - Cyclical companies is 6.17, based on 321 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Jay Jalaram Technologies For the Retail - Cyclical industry, the median Net-Net Working Capital is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jay Jalaram Technologies's current Net-Net Working Capital is ₹-37.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jay Jalaram Technologies stock overvalued right now?
Based on GuruFocus' analysis, Jay Jalaram Technologies (NSE:KORE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹567.12, compared to a current price of ₹114.05 — trading 79.9% below its estimated fair value. The current Net-Net Working Capital is ₹-37.37. Jay Jalaram Technologies' overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Jay Jalaram Technologies (NSE:KORE), the current Net-Net Working Capital is ₹-37.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jay Jalaram Technologies (NSE:KORE) Overvalued in 2026?

Based on GuruFocus' analysis, Jay Jalaram Technologies stock appears to be undervalued. The current stock price of ₹114.05 is trading 79.9% below its estimated GF Value™ of ₹567.12. GuruFocus considers Jay Jalaram Technologies to be Possible Value Trap.

Key valuation signals for NSE:KORE:

  • Net-Net Working Capital: ₹-37.37
  • GF Value™: ₹567.12 vs. price of ₹114.05 (79.9% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the NSE:KORE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jay Jalaram Technologies Business Description

Address Videocon Arizona, Showroom 6, Opp. Gujarat Vidyapith, Near Navgujarat College, Usmanpura, Ahmedabad, GJ, IND, 380014
Jay Jalaram Technologies Ltd is engaged in multi-brand retail selling of smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and others. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers, etc. from brands like TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operates under the brand name Kore Mobile. The company operates in two segments; Electronic Gadgets and Electric Vehicles. The Majority of revenue is derived from the Trading of the Electronic Gadgets Segment.
78GF Score

Get the complete analysis for NSE:KORE

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹114.05
Price
₹567.12
GF Value