Jet Knitwears Ltd

Jet Knitwears Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Jet Knitwears Ltd

₹ 110 -0.05%
29 May - close price
Company website NSE - SME: JETKNIT
About

Incorporated in 1969, Jet Knitwears Ltd is a manufacturer of Cotton Hosiery products[1]

Key Points

Business Overview:[1]
Company manufacturers and exporters of Cotton hosiery products with a distribution network of 5000+ retailers. Its products are certified as Skin Friendly & Anti Bacterial by Facility for Ecological and Analytical Testing, IIT, Kanpur. Company has developed 100% cotton fabrics which are dermatologist-recommended, azo-free dyed clothes targeted to adults and children with mild to severe skin allergies.

Website NSE - ST
  • Market Cap ₹ 48.5 Cr.
  • Current Price ₹ 110
  • High / Low ₹ 120 / 110
  • Stock P/E 138
  • Book Value ₹ 51.0
  • Dividend Yield 0.00 %
  • ROCE 4.91 %
  • ROE 1.56 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -8.25% over past five years.
  • Company has a low return on equity of 3.15% over last 3 years.
  • Company has high debtors of 200 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025
24.09 20.84 18.68 20.98 20.50 20.43 18.95 17.55 17.31 15.44 15.44 13.35
22.02 18.96 17.04 19.04 18.73 18.93 17.24 16.03 15.89 14.62 14.62 11.65
Operating Profit 2.07 1.88 1.64 1.94 1.77 1.50 1.71 1.52 1.42 0.82 0.82 1.70
OPM % 8.59% 9.02% 8.78% 9.25% 8.63% 7.34% 9.02% 8.66% 8.20% 5.31% 5.31% 12.73%
0.00 0.00 0.00 0.03 0.00 -0.04 0.00 0.05 0.01 0.09 0.09 0.00
Interest 0.59 0.61 0.44 0.52 0.50 0.54 0.55 0.61 0.55 0.61 0.61 0.60
Depreciation 0.29 0.32 0.32 0.21 0.29 0.29 0.23 0.24 0.24 0.29 0.29 0.23
Profit before tax 1.19 0.95 0.88 1.24 0.98 0.63 0.93 0.72 0.64 0.01 0.01 0.87
Tax % 23.53% 36.84% 42.05% 8.06% 27.55% 30.16% 30.11% 20.83% 23.44% -500.00% -500.00% 19.54%
0.92 0.61 0.52 1.14 0.71 0.44 0.64 0.57 0.49 0.06 0.06 0.71
EPS in Rs 2.09 1.38 1.18 2.59 1.61 1.00 1.45 1.29 1.11 0.14 0.14 1.61
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
37.61 36.77 38.54 42.58 42.58 45.92 43.33 38.15 39.50 35.00 31.35 28.17
35.59 34.39 36.09 39.75 39.37 42.25 39.37 34.57 36.22 31.77 29.09 26.01
Operating Profit 2.02 2.38 2.45 2.83 3.21 3.67 3.96 3.58 3.28 3.23 2.26 2.16
OPM % 5.37% 6.47% 6.36% 6.65% 7.54% 7.99% 9.14% 9.38% 8.30% 9.23% 7.21% 7.67%
0.02 0.01 -0.04 0.05 0.02 0.01 0.00 0.03 -0.04 0.05 0.09 0.00
Interest 1.29 1.33 1.23 1.11 0.99 1.10 1.21 0.96 1.04 1.16 1.17 1.17
Depreciation 0.46 0.56 0.56 0.57 0.62 0.57 0.60 0.53 0.58 0.47 0.53 0.44
Profit before tax 0.29 0.50 0.62 1.20 1.62 2.01 2.15 2.12 1.62 1.65 0.65 0.55
Tax % 31.03% 38.00% 33.87% 34.17% 25.93% 27.36% 28.84% 21.70% 29.01% 26.67% 16.92% 38.18%
0.20 0.30 0.41 0.79 1.20 1.45 1.53 1.66 1.15 1.21 0.55 0.35
EPS in Rs 1.20 1.00 1.37 1.93 2.72 3.29 3.47 3.77 2.61 2.75 1.25 0.79
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -3%
5 Years: -8%
3 Years: -11%
TTM: -10%
Compounded Profit Growth
10 Years: 2%
5 Years: -26%
3 Years: -33%
TTM: -36%
Stock Price CAGR
10 Years: %
5 Years: 36%
3 Years: 6%
1 Year: 1%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 3%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1.67 3.00 3.00 4.08 4.41 4.41 4.41 4.41 4.41 4.41 4.41 4.41
Reserves 1.10 3.40 3.94 7.86 10.53 11.98 13.51 15.17 16.32 17.53 18.07 17.71
12.20 9.79 11.81 8.88 10.14 10.18 10.03 13.14 13.61 14.22 12.56 13.71
3.07 4.06 3.23 4.07 5.27 7.39 6.12 5.59 6.30 4.34 4.17 3.58
Total Liabilities 18.04 20.25 21.98 24.89 30.35 33.96 34.07 38.31 40.64 40.50 39.21 39.41
2.59 2.56 2.16 2.22 2.58 2.52 2.34 2.14 1.76 1.57 1.47 1.52
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 0.25 0.00
Investments 0.07 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
15.38 17.62 19.82 22.67 27.77 31.44 31.73 36.17 38.88 38.68 37.49 37.89
Total Assets 18.04 20.25 21.98 24.89 30.35 33.96 34.07 38.31 40.64 40.50 39.21 39.41

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2.16 0.06 2.73 -2.20 -1.41 0.85 3.86 -2.12 0.19 4.13 0.81
-0.80 -0.53 -0.09 -0.62 -0.97 -0.51 -0.43 -0.33 -0.20 -0.54 -0.41
-0.66 -0.03 -0.75 1.60 2.54 -1.06 -1.36 1.64 -0.57 -0.80 -2.81
Net Cash Flow 0.70 -0.51 1.88 -1.22 0.17 -0.71 2.08 -0.81 -0.58 2.78 -2.42

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 70.17 83.18 93.76 119.92 142.64 148.56 143.12 162.65 140.64 151.32 180.11
Inventory Days 83.25 113.12 84.80 51.00 87.97 100.89 120.17 192.15 243.33 254.84 288.40
Days Payable 35.92 47.71 39.54 22.96 35.36 53.95 34.09 49.70 57.72 41.96 44.55
Cash Conversion Cycle 117.50 148.59 139.03 147.97 195.25 195.49 229.19 305.10 326.25 364.20 423.97
Working Capital Days 109.37 129.44 131.74 144.01 180.36 184.81 191.22 266.07 280.45 308.89 360.46
ROCE % 11.00% 11.75% 10.93% 11.47% 11.33% 12.04% 12.33% 10.09% 8.05% 7.86% 5.11%

Shareholding Pattern

Numbers in percentages

Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025
68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21%
31.80% 31.80% 31.79% 31.79% 31.79% 31.80% 31.79% 31.79% 31.79% 31.79% 31.79% 31.79%
No. of Shareholders 242234224215201170169169125111113115

Documents

Announcements

Annual reports

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