MarketFriction

Jet Knitwears Ltd

NSE JETKNIT · Garments & Apparels
₹48.45 -4.91%
NSE close2026-08-27
52 week range48.45 - 104.00
Market cap₹21.4 Cr.
P/E427
IPO 2016 · +24% since No trades in 30 days Price band 5% Delivery 100.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales18.6820.9820.5020.4318.9517.5517.3115.4414.8213.3512.4810.87
Expenses17.0419.0418.7318.9317.2416.0315.8914.6214.3711.6511.7010.06
Operating Profit1.641.941.771.501.711.521.420.820.451.700.780.81
OPM %8.78%9.25%8.63%7.34%9.02%8.66%8.20%5.31%3.04%12.73%6.25%7.45%
Other Income0.000.030.00-0.040.000.050.010.090.000.000.020.02
Interest0.440.520.500.540.550.610.550.610.570.600.530.63
Depreciation0.320.210.290.290.230.240.240.290.210.230.200.18
Profit before tax0.881.240.980.630.930.720.640.01-0.330.870.070.02
Tax %42.05%8.06%27.55%30.16%30.11%20.83%23.44%-500.00%12.12%19.54%28.57%50.00%
Net Profit0.521.140.710.440.640.570.490.06-0.360.710.050.01
EPS in Rs1.182.591.611.001.451.291.110.14-0.821.610.110.02
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales36.7738.5442.5842.5845.9243.3338.1539.5035.0031.3527.1222.40
Expenses34.3936.0939.7539.3742.2539.3734.5736.2231.7729.0924.9620.83
Operating Profit2.382.452.833.213.673.963.583.283.232.262.161.57
OPM %6.47%6.36%6.65%7.54%7.99%9.14%9.38%8.30%9.23%7.21%7.96%7.01%
Other Income0.01-0.040.050.020.010.000.03-0.040.050.090.000.04
Interest1.331.231.110.991.101.210.961.041.161.171.171.15
Depreciation0.560.560.570.620.570.600.530.580.470.530.440.38
Profit before tax0.500.621.201.622.012.152.121.621.650.650.550.08
Tax %38.00%33.87%34.17%25.93%27.36%28.84%21.70%29.01%26.67%15.38%38.18%37.50%
Net Profit0.300.410.791.201.451.531.661.151.210.550.350.06
EPS in Rs1.001.371.932.723.293.473.772.612.751.250.790.14
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%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-5%-10%-14%-17%
Compounded Profit Growth-20%-50%-65%-86%
Stock Price CAGR%0%-19%-56%
Return on Equity5%3%1%0%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3.003.004.084.414.414.414.414.414.414.414.414.41
Reserves3.403.947.8610.5311.9813.5115.1716.3217.5318.0718.4218.48
Borrowings9.7911.818.8810.1410.1810.0313.1413.6114.2212.5612.9913.51
Other Liabilities4.063.234.075.277.396.125.596.304.344.164.333.48
Total Liabilities20.2521.9824.8930.3533.9634.0738.3140.6440.5039.2040.1539.88
Fixed Assets2.562.162.222.582.522.342.141.761.571.471.320.95
CWIP0.000.000.000.000.000.000.000.000.250.250.000.00
Investments0.070.000.000.000.000.000.000.000.000.000.000.00
Other Assets17.6219.8222.6727.7731.4431.7336.1738.8838.6837.4838.8338.93
Total Assets20.2521.9824.8930.3533.9634.0738.3140.6440.5039.2040.1539.88
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.062.73-2.20-1.410.853.86-2.120.194.130.810.060.80
Cash from Investing Activity-0.53-0.09-0.62-0.97-0.51-0.43-0.33-0.20-0.54-0.41-0.03-0.01
Cash from Financing Activity-0.03-0.751.602.54-1.06-1.361.64-0.57-0.80-2.81-0.74-0.63
Net Cash Flow-0.511.88-1.220.17-0.712.08-0.81-0.582.78-2.42-0.720.16
Free Cash Flow-0.472.57-2.82-2.390.343.43-2.45-0.013.590.810.060.80
CFO/OP3%122%-78%-44%23%97%-59%6%128%36%3%51%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days83.1893.76119.92142.64148.56143.12162.65140.64151.32180.11241.18324.43
Inventory Days113.1284.8051.0087.97100.89120.17192.15243.33254.84288.40335.94348.23
Days Payable47.7139.5422.9635.3653.9534.0949.7057.7241.9644.5554.4248.99
Cash Conversion Cycle148.59139.03147.97195.25195.49229.19305.10326.25364.20423.97522.70623.66
Working Capital Days39.7121.1275.26102.95109.61113.47165.42182.87183.44234.25275.23336.16
ROCE %11.75%10.93%11.47%11.33%12.04%12.33%10.09%8.05%7.86%5.11%4.85%3.38%
Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.27%0.27%
Public31.79%31.79%31.79%31.80%31.79%31.79%31.79%31.79%31.79%31.79%31.52%31.52%
No. of Shareholders224215201170169169125111113115116116

Fundamentals

Market Cap₹ 21.4 Cr.
Current Price₹ 48.4
Stock P/E427
Book Value₹ 51.9
ROCE3.38 %
ROE0.22 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-17%
Compounded Profit Growth (TTM)-86%
Standalone figures.
Valuation
Market capRs 21 Cr
Enterprise valueRs 34 Cr
P/E (TTM)355.88x
Price to book0.93x
Price to sales0.95x
EV / EBITDA20.90x
EV / EBIT27.35x
EV / sales1.50x
Price to cash flow26.69x
Earnings yield0.28%
P/E, 3-year average300.63x
P/B, 3-year average2.16x
P/E, 5-year average192.58x
P/B, 5-year average1.97x
Profitability
Operating margin (excl. other income)7.01%
Operating margin (incl. other income)7.19%
EBITDA margin7.19%
Pre-tax margin0.36%
Net profit margin0.27%
ROE0.26%
ROCE3.41%
ROA0.15%
ROE, 3-year average1.43%
ROCE, 3-year average4.46%
ROA, 3-year average0.80%
ROE, 5-year average3.13%
ROCE, 5-year average5.86%
ROA, 5-year average1.66%
ROIC (approx.)2.19%
Tax rate37.50%
Other income / net worth0.17%
Growth
Sales growth (latest year)-17.40%
Profit growth (latest year)-82.86%
Sales CAGR, 3 years-13.82%
Sales CAGR, 5 years-10.10%
Profit CAGR, 3 years-63.26%
Profit CAGR, 5 years-48.52%
Per share
EPS (TTM)Rs 0.14
EPS (latest year)Rs 0.14
EPS, 3-year averageRs 0.73
EPS, 5-year averageRs 1.51
Book value per shareRs 51.94
Sales per shareRs 50.83
Cash flow per shareRs 1.82
Free cash flow per shareRs 1.82
Efficiency
Asset turnover0.56x
Fixed asset turnover23.58x
Inventory turnover1.07x
Inventory days342 days
Debtor days324 days
Debtors turnover1.13x
Creditor days49 days
Cash conversion cycle624 days
Working capital days336 days
Leverage
Total debtRs 14 Cr
Cash and bankRs 1 Cr
Net debtRs 12 Cr
Debt to equity0.59x
Net debt / EBITDA7.63x
Interest coverage1.07x
Owners' fund to total sources57.40%
Debt to assets33.88%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years1.80x
Sales to cash flow28.00x
Statement figures
Net sales (TTM)Rs 22 Cr
Net sales (latest year)Rs 22 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 17 Cr
Total expenditure (latest year)Rs 21 Cr
Total income (latest year)Rs 22 Cr
Share capitalRs 4 Cr
ReservesRs 18 Cr
Shareholders' fundsRs 23 Cr
Total assetsRs 40 Cr
Net blockRs 1 Cr
ReceivablesRs 20 Cr
InventoryRs 16 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)0.44
Ownership
Promoter holding68.21% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 355.9 is at the 99th percentile of its own 6.7-year range (median 24.6, low 5.5, high 355.9).
P/B 0.93 is at the 27th percentile (median 1.57).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodJETKNITNifty 50Difference
1 week-22.4%-2.8% -19.6 pts
1 month-57.9%-6.8% -51.1 pts
3 months-50.5%-7.6% -42.9 pts
6 months-25.5%+0.4% -25.9 pts
1 year+130.7%-9.9% +140.6 pts
2 years-30.9%-13.6% -17.3 pts
3 years-50.5%+14.2% -64.7 pts
5 years+5.3%+27.9% -22.6 pts

Red flags

F-score 4 of 8
explainReceivables outrunning sales Receivables grew 11% vs sales -17% in 2026
explainLow interest cover Interest cover 1.1x in 2026
lookProfit leans on other income Other income was 50% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Mar 2026
Sales ₹11 Cr -29.6% vs Mar 2024. Net profit ₹0 Cr -83.3%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Jet Knitwears Ltd?

Jet Knitwears Ltd (JETKNIT) has a market capitalisation of Rs 21.4 Cr. at the 2026-08-27 close.

What is the P/E ratio of Jet Knitwears Ltd?

Jet Knitwears Ltd trades at a P/E of 427 on trailing twelve-month profit, at the 2026-08-27 close.

What were Jet Knitwears Ltd's latest quarterly results?

In the Mar 2026 quarter, Jet Knitwears Ltd sales was Rs 11 Cr (-29.6% vs Mar 2024) and net profit was Rs 0 Cr.

What is the 52-week high and low of Jet Knitwears Ltd?

The 52-week high is Rs 104.00 and the 52-week low is Rs 48.45.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03