Jet Knitwears Ltd

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

Jet Knitwears Ltd

₹ 110 -4.35%
18 Dec - 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 ₹ 139 / 109
  • Stock P/E 404
  • Book Value ₹ 50.2
  • Dividend Yield 0.00 %
  • ROCE 5.11 %
  • ROE 2.48 %
  • 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 -7.35% over past five years.
  • Company has a low return on equity of 4.57% over last 3 years.
  • Company has high debtors of 180 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

Sector: Textiles Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

Sep 2024
14.82
14.37
Operating Profit 0.45
OPM % 3.04%
0.00
Interest 0.57
Depreciation 0.21
Profit before tax -0.33
Tax % 12.12%
-0.36
EPS in Rs -0.82
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
34.75 37.61 36.77 38.54 42.58 42.58 45.92 43.33 38.15 39.50 35.00 31.35
32.85 35.59 34.39 36.09 39.75 39.37 42.25 39.37 34.57 36.22 31.77 29.09
Operating Profit 1.90 2.02 2.38 2.45 2.83 3.21 3.67 3.96 3.58 3.28 3.23 2.26
OPM % 5.47% 5.37% 6.47% 6.36% 6.65% 7.54% 7.99% 9.14% 9.38% 8.30% 9.23% 7.21%
0.11 0.02 0.01 -0.04 0.05 0.02 0.01 0.00 0.03 -0.04 0.05 0.09
Interest 1.29 1.29 1.33 1.23 1.11 0.99 1.10 1.21 0.96 1.04 1.16 1.17
Depreciation 0.46 0.46 0.56 0.56 0.57 0.62 0.57 0.60 0.53 0.58 0.47 0.53
Profit before tax 0.26 0.29 0.50 0.62 1.20 1.62 2.01 2.15 2.12 1.62 1.65 0.65
Tax % 34.62% 31.03% 38.00% 33.87% 34.17% 25.93% 27.36% 28.84% 21.70% 29.01% 26.67% 16.92%
0.17 0.20 0.30 0.41 0.79 1.20 1.45 1.53 1.66 1.15 1.21 0.55
EPS in Rs 1.02 1.20 1.00 1.37 1.93 2.72 3.29 3.47 3.77 2.61 2.75 1.25
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: -2%
5 Years: -7%
3 Years: -6%
TTM: -11%
Compounded Profit Growth
10 Years: 11%
5 Years: -18%
3 Years: -31%
TTM: -89%
Stock Price CAGR
10 Years: %
5 Years: 38%
3 Years: 8%
1 Year: -17%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 5%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2013 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 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 0.90 1.10 3.40 3.94 7.86 10.53 11.98 13.51 15.17 16.32 17.53 18.07 17.71
11.18 12.20 9.79 11.81 8.88 10.14 10.18 10.03 13.14 13.61 14.22 12.56 13.71
3.59 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 17.34 18.04 20.25 21.98 24.89 30.35 33.96 34.07 38.31 40.64 40.50 39.21 39.41
2.32 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 0.00 0.25 0.25 0.00
Investments 0.00 0.07 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
15.02 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 17.34 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 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.43 2.16 0.06 2.73 -2.20 -1.41 0.85 3.86 -2.12 0.19 4.13 0.81
-0.40 -0.80 -0.53 -0.09 -0.62 -0.97 -0.51 -0.43 -0.33 -0.20 -0.54 -0.41
-0.91 -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 0.12 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 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 56.72 70.17 83.18 93.76 119.92 142.64 148.56 143.12 162.65 140.64 151.32 180.11
Inventory Days 122.63 83.25 113.12 84.80 51.00 87.97 100.89 120.17 192.15 243.33 254.84 288.40
Days Payable 43.00 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 136.34 117.50 148.59 139.03 147.97 195.25 195.49 229.19 305.10 326.25 364.20 423.97
Working Capital Days 116.80 109.37 129.44 131.74 144.01 180.36 184.81 191.22 266.07 280.45 308.89 360.46
ROCE % 11.76% 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

Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21% 68.21%
31.79% 31.80% 31.80% 31.79% 31.79% 31.79% 31.80% 31.79% 31.79% 31.79% 31.79% 31.79%
No. of Shareholders 259242234224215201170169169125111113

Documents

Announcements

Annual reports

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