What is Jet Knitwears share price return in the past 10 years?

Data is not available for this company

What is the P/E ratio of Jet Knitwears?

The latest standalone P/E ratio of Jet Knitwears as of 01-Jan-1970 is 88.95.

What is the P/B ratio of Jet Knitwears?

The latest standalone P/B ratio of Jet Knitwears as of 01-Jan-1970 is 2.21.

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

The 52-week high of Jet Knitwears is Rs. 0.00 and the 52-week low is Rs. 0.00.

Jet Knitwears Ltd - Stock Valuation and Financial Performance

Name: Jet Knitwears
Brand: Jet Knitwears

BSE: 0 | NSE: JETKNIT | Textile | Small Cap

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Data

M-Cap below 100cr DeciZen not available

Jet Knitwears stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

88.95

Market Cap:

48.5 Cr.

52-wk low:

52-wk high:

Is Jet Knitwears Ltd an attractive stock to invest in?

1. Is Jet Knitwears Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Jet Knitwears Ltd is a below average quality company.

2. Is Jet Knitwears Ltd undervalued or overvalued?

The key valuation ratios of Jet Knitwears Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Jet Knitwears Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jet Knitwears Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Jet Knit:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	11.1%	11.7%	10.7%	11.7%	11.4%	12%	12.3%	10.2%	7.9%	8%	-
Value Creation Index ⓘ	-0.2	-0.2	-0.2	-0.2	-0.2	-0.1	-0.1	-0.3	-0.4	-0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	38.5	37.3	38.6	43.3	43.6	47.3	44.9	41.7	40.9	36.5	33
Sales YoY Gr.	-	-3%	3.3%	12.2%	0.8%	8.5%	-5.1%	-7.1%	-1.9%	-10.8%	-
Adj EPS ⓘ	1.2	1	1.4	1.9	2.7	3.3	3.5	3.7	2.7	2.7	1.2
YoY Gr.	-	-13.7%	37.6%	33.8%	45.7%	21.8%	5.2%	7.8%	-28.6%	0.4%	-
BVPS (₹) ⓘ	16.6	21.3	22.6	29.3	33.9	37.2	40.7	44.4	47	49.8	49.8
Adj Net Profit ⓘ	0.2	0.3	0.4	0.8	1.2	1.5	1.5	1.7	1.2	1.2	1
Cash Flow from Ops. ⓘ	2.2	0.1	2.7	-2.2	-1.4	0.9	3.9	-2.1	0.2	4.1	-
Debt/CF from Ops. ⓘ	5.7	166.3	4.3	-4	-7.2	11.9	2.6	-6.2	70.4	3.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-0.6%	-3.5%	-6.7%	-10.8%
Adj EPS ⓘ	9.7%	-0.2%	-8.3%	0.4%
BVPSⓘ	13%	8%	7%	5.9%
Share Price	-	37.6%	15.5%	-16.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	7.3	6.6	6.3	8	8.9	9.3	8.9	8.8	5.8	5.5	2.5
Op. Profit Mgn % ⓘ	5.3	6.4	6.2	6.5	7.4	7.8	8.8	8.6	8	8.8	NAN
Net Profit Mgn % ⓘ	0.5	0.8	1.1	1.8	2.7	3.1	3.4	4	2.9	3.2	1.7
Debt to Equity ⓘ	4.4	1.5	1.7	0.7	0.7	0.6	0.6	0.7	0.7	0.6	-
Working Cap Days ⓘ	137	153	162	162	193	210	229	275	302	341	0
Cash Conv. Cycle ⓘ	95	109	116	123	153	160	179	228	247	276	0

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.64

Return on Equity has declined versus last 3 years average to 2.50%

Sales growth has been subdued in last 3 years -6.69%

Net Profit has been subdued in last 3 years -8.25%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Jet Knitwears Ltd.

	Standalone	Consolidated
TTM EPS (₹)	1.2	-
TTM Sales (₹ Cr.)	32.8	-
BVPS (₹.) ⓘ	49.8	-
Reserves (₹ Cr.) ⓘ	18	-
P/BV ⓘ	2.21	-
PE ⓘ	88.95	-

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	48.5
Equity (₹ Cr.)	4.4
Face Value (₹)	10
Industry PE ⓘ	30.2

Management X-Ray of Jet Knit:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Jet Knit

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Price to Earnings

Enterprise Value to EBIT

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Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Jet Knit

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	38.49	37.32	38.55	43.27	43.63	47.33	44.93	41.72	40.93	36.50
Operating Expenses ⓘ	36.47	34.94	36.16	40.44	40.41	43.66	40.97	38.14	37.65	33.28
Manufacturing Costs	5.66	5.91	5.94	0.71	0.72	0.69	0.68	0.57	0.70	0.68
Material Costs	26.23	24.33	25.48	35.14	33.65	34.84	32.44	28.57	29.91	26.01
Employee Cost	0.26	0.33	0.31	0.89	0.98	1.07	1.01	1.01	0.99	1.17
Other Costs ⓘ	4.32	4.37	4.42	3.70	5.06	7.06	6.84	7.99	6.05	5.42
Operating Profit ⓘ	2.02	2.38	2.39	2.83	3.22	3.67	3.96	3.58	3.28	3.23
Operating Profit Margin (%)	5.3%	6.4%	6.2%	6.5%	7.4%	7.7%	8.8%	8.6%	8.0%	8.8%
Other Income ⓘ	0.02	0.01	0.02	0.05	0.02	0.01	0	0.03	0.03	0.05
Interest ⓘ	1.29	1.33	1.23	1.11	0.99	1.10	1.21	0.96	1.04	1.16
Depreciation ⓘ	0.46	0.56	0.56	0.57	0.62	0.57	0.60	0.53	0.58	0.47
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	-0.07	0
Profit Before Tax ⓘ	0.29	0.49	0.62	1.20	1.62	2.01	2.15	2.12	1.61	1.65
Tax ⓘ	0.10	0.19	0.21	0.41	0.42	0.55	0.62	0.46	0.46	0.44
Profit After Tax	0.20	0.30	0.41	0.79	1.20	1.45	1.53	1.66	1.15	1.21
PAT Margin (%)	0.5%	0.8%	1.1%	1.8%	2.8%	3.1%	3.4%	4.0%	2.8%	3.3%
Adjusted EPS (₹)	1.2	1.0	1.4	1.9	2.7	3.3	3.5	3.8	2.6	2.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	2.77	6.40	6.94	11.95	14.93	16.39	17.91	19.57	20.72	21.94
Share Capital ⓘ	1.67	3	3	4.08	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
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	12.20	9.79	11.82	8.88	10.14	10.18	9.89	12.48	12.65	12.97
Long Term Debt	4.09	2.06	0.14	0.86	1.08	0.63	0.66	2.62	3.06	1.95
Short Term Debt	8.11	7.74	11.68	8.02	9.06	9.55	9.23	9.86	9.59	11.02
Trade Payables	2.71	3.64	2.76	2.21	3.26	5.15	3.03	3.89	4.73	3.03
Others Liabilities ⓘ	0.36	0.42	0.44	1.82	1.93	2.11	3.11	2.20	2.33	2.37
Total Liabilities ⓘ	18.04	20.25	21.95	24.86	30.26	33.83	33.94	38.15	40.43	40.30
Fixed Assets
Gross Block	5.18	5.71	5.78	6.40	7.38	7.90	8.32	8.31	8.22	8.48
Accumulated Depreciation	2.59	3.15	3.62	4.19	4.81	5.38	5.98	6.18	6.46	6.90
Net Fixed Assetsⓘ	2.59	2.56	2.16	2.22	2.58	2.52	2.34	2.14	1.76	1.57
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0.25
Investmentsⓘ	0.07	0.07	0	0	0	0	0	0	0	0
Inventories	5.98	7.54	5.92	4.91	8.11	9.63	10.68	15.04	19.94	18.16
Trade Receivables	7.23	8.38	9.90	13.99	16.64	18.69	16.99	17	15.22	14.51
Cash Equivalents	1.12	0.61	2.49	1.27	1.44	0.73	2.80	2	1.42	4.20
Others Assetsⓘ	1.04	1.09	1.47	2.46	1.49	2.27	1.12	1.98	2.10	1.60
Total Assets ⓘ	18.04	20.25	21.95	24.86	30.26	33.83	33.94	38.15	40.43	40.30

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	2.16	0.06	2.73	-2.20	-1.41	0.85	3.86	-2.12	0.19	4.13
PBT ⓘ	0.29	0.49	0.41	0.79	1.20	1.45	1.53	1.66	1.15	1.21
Adjustment ⓘ	1.74	1.89	0.54	0.55	1.67	1.66	1.82	1.48	1.58	1.65
Changes in Working Capital ⓘ	0.22	-2.1	1.67	-3.53	-4.28	-2.26	0.51	-5.26	-2.54	1.27
Tax Paid ⓘ	-0.10	-0.22	0.11	0	0	0	0	0	0	0
Cash Flow From Investing Activity ⓘ	-0.80	-0.53	-0.09	-0.62	-0.97	-0.51	-0.43	-0.33	-0.20	-0.54
Capex	-0.73	-0.53	-0.16	-0.62	-0.98	-0.51	-0.43	-0.33	-0.20	-0.54
Net Investments	-0.07	-0.01	0.07	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0.01	0	0	0	0	0
Cash Flow From Financing Activityⓘ	-0.66	-0.03	-0.75	1.60	2.54	-1.06	-1.36	1.64	-0.57	-0.80
Net Proceeds from Shares ⓘ	0	3.33	0	4.22	2.28	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-1.29	-1.33	0	0	-0.99	-1.10	-1.21	-0.96	-1.04	-1.16
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0.63	-2.03	-0.75	-2.63	1.26	0.04	-0.16	2.60	0.47	0.36
Net Cash Flow ⓘ	0.70	-0.50	1.88	-1.22	0.17	-0.71	2.08	-0.81	-0.58	2.78

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	7.37	6.59	6.23	8.4	8.93	9.28	8.91	8.86	5.71	5.68
ROCE (%)	11.05	11.71	10.65	11.7	11.4	12.02	12.32	10.16	7.92	8
Asset Turnover Ratio	2.18	1.95	1.83	1.85	1.63	1.54	1.4	1.16	1.09	0.95
PAT to CFO Conversion(x)	10.8	0.2	6.66	-2.78	-1.18	0.59	2.52	-1.28	0.17	3.41
Working Capital Days
Receivable Days	60	76	87	101	124	131	138	149	137	142
Inventory Days	67	66	64	46	53	66	78	113	148	182
Payable Days	41	48	46	26	30	44	46	44	53	54

Jet Knitwears Ltd Stock News

Jet Knitwears Ltd FAQs

What is the share price of Jet Knit?

Company share prices are keep on changing according to the market conditions. The closing price of Jet Knit on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Jet Knit?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Jet Knit stood at ₹48.48.

What is the P/E ratio of Jet Knit?

The latest P/E ratio of Jet Knit as of 01-Jan-1970 05:30 is 88.95.

What is the P/B ratio of Jet Knit?

The latest P/B ratio of Jet Knit as of 01-Jan-1970 05:30 is 2.21.

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

The 52-week high of Jet Knit is ₹0.00 and the 52-week low is ₹0.00.

What is the TTM revenue of Jet Knit?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jet Knit is ₹32.75 ( Cr.) .

About Jet Knitwears Ltd

The company was incorporated as Jet Knitwears Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated April 02, 1996 in Kanpur, Uttar Pradesh. Subsequently, the name of the company was changed to Jet Knitwears Limited vide fresh certificate of incorporation dated April 01, 2015. The company was incorporated to take-over the running business of partnership firm M/s Jet Knitwears Company along with all the assets and liabilities, approvals, permits, registrations, etc.

Late Bhushan Kumar Narula, erstwhile Promoter of the company started a production unit in the name and style of ‘Venus Hosiery’ along with his brothers and relatives in the year 1969 at Kanpur. In early 1990s, a Partnership firm in the name and style of ‘Jet Knitwears Company’ was formed to carry out production of innerwear with brand name ‘Jet’. This firm was finally converted into the company in the year 1996.

The company has set its footing in domestic market and has a strong retail presence through its own network for Sales, Marketing and Logistics serving to more than 5000 Retailers directly and also through a large number of Dealers and Wholesalers in North India.

Business area of the company

The company is engaged in the business of manufacturing of intimate garments for men, women and children such as vests, briefs, brassiere, panties, socks, T-shirts and casual wears. The company markets its products through its own brands like Lycot Australia, Jet, Jet Eco, Fresh-Long, Boski and Take- off.