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Last Updated: December 8, 2025, 2:27 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: | NSE:

Jet Knitwears Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹32.84Overvalued by 63.18%vs CMP ₹89.20

P/E (51.7) × ROE (1.5%) × BV (₹51.90) × DY (2.00%)

₹38.80Overvalued by 56.50%vs CMP ₹89.20
MoS: -129.9% (Negative)Confidence: 56/100 (Moderate)Models: 1 Fair, 6 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹30.2130%Over (-66.1%)
Graham NumberEarnings₹44.8222%Over (-49.8%)
Net Asset ValueAssets₹51.9310%Over (-41.8%)
EV/EBITDAEnterprise₹15.3712%Over (-82.8%)
Earnings YieldEarnings₹17.2010%Over (-80.7%)
ROCE CapitalReturns₹95.8510%Fair (+7.5%)
Revenue MultipleRevenue₹30.787%Over (-65.5%)
Consensus (7 models)₹38.80100%Overvalued
Key Drivers: ROE 1.5% is below cost of equity. | Wide model spread (₹15–₹96) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -8.0%

*Investments are subject to market risks

Investment Snapshot

39
Jet Knitwears Ltd scores 39/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health54/100 · Moderate
ROCE 4.9% WeakROE 1.5% WeakD/E 0.63 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 0.27% (6mo) Slight increasePromoter holding at 68.2% Stable
Earnings Quality40/100 · Moderate
OPM stable around 8% SteadyWorking capital: 275 days Capital intensive
Quarterly Momentum25/100 · Weak
Revenue (4Q): -24% YoY DecliningProfit (4Q): -79% YoY Declining
Industry Rank10/100 · Weak
P/E 51.7 vs industry 33.4 Premium to peersROCE 4.9% vs industry 11.4% Below peersROE 1.5% vs industry 15.7% Below peers3Y sales CAGR: -12% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Jet Knitwears Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
50/100
Moderate
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 51.7 vs Ind 33.4 | ROCE 4.9% | ROE 1.5% | CFO/NP N/A
Balance Sheet Stress
10/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 0.63x | IntCov 0.0x | Current 2.21x | Borrow/Reserve 0.76x
Cash Flow Reliability
14/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹0 Cr | CFO/NP N/A
Ownership Accumulation
+25
Neutral
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII +0.27 pp | DII N/A | Prom 0.00 pp
Business Momentum
-100
Early weakness
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales -6.5% | Q NP -93.0% | Q OPM -6.5 pp
Derived FieldValueHow it is derived
Valuation Gap %-56.5%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.76xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII Change+0.27 ppLatest FII% minus previous FII%
DII ChangeN/ALatest DII% minus previous DII%
Promoter Change0.00 ppLatest promoter% minus previous promoter%
Shareholder Count Change+1Latest shareholder count minus previous count
Quarterly Sales Change-6.5%Latest quarter sales vs previous quarter sales
Quarterly Profit Change-93.0%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change-6.5 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: December 8, 2025, 2:27 pm

Market Cap 39.3 Cr.
Current Price 89.2
Intrinsic Value₹38.80
High / Low 110/89.2
Stock P/E51.7
Book Value 51.9
Dividend Yield0.00 %
ROCE4.85 %
ROE1.50 %
Face Value 10.0
PEG Ratio-6.46

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Jet Knitwears Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Jet Knitwears Ltd 39.3 Cr. 89.2 110/89.251.7 51.90.00 %4.85 %1.50 % 10.0
Page Industries Ltd 36,384 Cr. 32,620 50,590/29,80047.0 1,2632.76 %59.4 %48.5 % 10.0
Haria Exports Ltd 7.63 Cr. 6.61 10.2/4.7358.7 12.30.00 %0.78 %0.78 % 10.0
Iris Clothings Ltd 606 Cr. 31.9 39.5/21.042.6 6.950.00 %17.9 %17.3 % 2.00
Integra Essentia Ltd 128 Cr. 1.20 2.61/1.0141.5 1.610.00 %4.75 %2.66 % 1.00
Industry Average4,184.42 Cr1,215.8433.42143.320.29%11.36%15.66%7.21

All Competitor Stocks of Jet Knitwears Ltd

Quarterly Result

MetricSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
Sales 24.0920.8418.6820.9820.5020.4318.9517.5517.3115.4414.8213.3512.48
Expenses 22.0218.9617.0419.0418.7318.9317.2416.0315.8914.6214.3711.6511.70
Operating Profit 2.071.881.641.941.771.501.711.521.420.820.451.700.78
OPM % 8.59%9.02%8.78%9.25%8.63%7.34%9.02%8.66%8.20%5.31%3.04%12.73%6.25%
Other Income 0.000.000.000.030.00-0.040.000.050.010.090.000.000.02
Interest 0.590.610.440.520.500.540.550.610.550.610.570.600.53
Depreciation 0.290.320.320.210.290.290.230.240.240.290.210.230.20
Profit before tax 1.190.950.881.240.980.630.930.720.640.01-0.330.870.07
Tax % 23.53%36.84%42.05%8.06%27.55%30.16%30.11%20.83%23.44%-500.00%12.12%19.54%28.57%
Net Profit 0.920.610.521.140.710.440.640.570.490.06-0.360.710.05
EPS in Rs 2.091.381.182.591.611.001.451.291.110.14-0.821.610.11

Last Updated: December 30, 2025, 9:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 5:08 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 37.6136.7738.5442.5842.5845.9243.3338.1539.5035.0031.3527.1225.83
Expenses 35.5934.3936.0939.7539.3742.2539.3734.5736.2231.7729.0924.9723.35
Operating Profit 2.022.382.452.833.213.673.963.583.283.232.262.152.48
OPM % 5.37%6.47%6.36%6.65%7.54%7.99%9.14%9.38%8.30%9.23%7.21%7.93%9.60%
Other Income 0.020.01-0.040.050.020.010.000.03-0.040.050.090.010.02
Interest 1.291.331.231.110.991.101.210.961.041.161.171.171.13
Depreciation 0.460.560.560.570.620.570.600.530.580.470.530.440.43
Profit before tax 0.290.500.621.201.622.012.152.121.621.650.650.550.94
Tax % 31.03%38.00%33.87%34.17%25.93%27.36%28.84%21.70%29.01%26.67%15.38%38.18%
Net Profit 0.200.300.410.791.201.451.531.661.151.210.550.340.76
EPS in Rs 1.201.001.371.932.723.293.473.772.612.751.250.771.72
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%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)50.00%36.67%92.68%51.90%20.83%5.52%8.50%-30.72%5.22%-54.55%-38.18%
Change in YoY Net Profit Growth (%)0.00%-13.33%56.02%-40.78%-31.07%-15.32%2.98%-39.22%35.94%-59.76%16.36%

Jet Knitwears Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

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:38%
3 Years:%
1 Year:-5%
Return on Equity
10 Years:6%
5 Years:5%
3 Years:3%
Last Year:2%

Last Updated: September 5, 2025, 8:15 am

Balance Sheet

Last Updated: December 4, 2025, 1:28 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 1.673.003.004.084.414.414.414.414.414.414.414.414.41
Reserves 1.103.403.947.8610.5311.9813.5115.1716.3217.5318.0718.4218.47
Borrowings 12.209.7911.818.8810.1410.1810.0313.1413.6114.2212.5612.9913.95
Other Liabilities 3.074.063.234.075.277.396.125.596.304.344.164.333.71
Total Liabilities 18.0420.2521.9824.8930.3533.9634.0738.3140.6440.5039.2040.1540.54
Fixed Assets 2.592.562.162.222.582.522.342.141.761.571.471.321.13
CWIP 0.000.000.000.000.000.000.000.000.000.250.250.000.00
Investments 0.070.070.000.000.000.000.000.000.000.000.000.000.00
Other Assets 15.3817.6219.8222.6727.7731.4431.7336.1738.8838.6837.4838.8339.41
Total Assets 18.0420.2521.9824.8930.3533.9634.0738.3140.6440.5039.2040.1540.54

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 2.160.062.73-2.20-1.410.853.86-2.120.194.130.810.06
Cash from Investing Activity + -0.80-0.53-0.09-0.62-0.97-0.51-0.43-0.33-0.20-0.54-0.41-0.03
Cash from Financing Activity + -0.66-0.03-0.751.602.54-1.06-1.361.64-0.57-0.80-2.81-0.74
Net Cash Flow 0.70-0.511.88-1.220.17-0.712.08-0.81-0.582.78-2.42-0.72
Free Cash Flow 1.43-0.472.57-2.82-2.390.343.43-2.45-0.013.590.810.06
CFO/OP 107%3%122%-78%-44%23%97%-59%6%128%36%3%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-10.18-7.41-9.36-6.05-6.93-6.51-6.07-9.56-10.33-10.99-10.30-10.84

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 70.1783.1893.76119.92142.64148.56143.12162.65140.64151.32180.11241.05
Inventory Days 83.25113.1284.8051.0087.97100.89120.17192.15243.33254.84288.40335.94
Days Payable 35.9247.7139.5422.9635.3653.9534.0949.7057.7241.9644.5554.23
Cash Conversion Cycle 117.50148.59139.03147.97195.25195.49229.19305.10326.25364.20423.97522.75
Working Capital Days -1.0739.7121.1275.26102.95109.61113.47165.42182.87183.44234.25275.23
ROCE %11.00%11.75%10.93%11.47%11.33%12.04%12.33%10.09%8.05%7.86%5.11%4.85%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
Promoters 68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%
FIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.27%
Public 31.80%31.79%31.79%31.79%31.80%31.79%31.79%31.79%31.79%31.79%31.79%31.52%
No. of Shareholders 234224215201170169169125111113115116

Shareholding Pattern Chart

No. of Shareholders

Jet Knitwears Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 0.791.242.752.613.77
Diluted EPS (Rs.) 0.791.242.752.613.77
Cash EPS (Rs.) 1.772.433.823.934.97
Book Value[Excl.RevalReserv]/Share (Rs.) 51.7751.0149.7747.0244.41
Book Value[Incl.RevalReserv]/Share (Rs.) 51.7751.0149.7747.0244.41
Revenue From Operations / Share (Rs.) 63.8874.3182.8392.8790.00
PBDIT / Share (Rs.) 4.905.327.447.508.19
PBIT / Share (Rs.) 3.904.136.386.186.99
PBT / Share (Rs.) 1.251.483.743.664.81
Net Profit / Share (Rs.) 0.771.242.752.613.77
PBDIT Margin (%) 7.667.158.988.089.10
PBIT Margin (%) 6.105.557.696.657.76
PBT Margin (%) 1.951.994.513.945.34
Net Profit Margin (%) 1.201.663.312.804.18
Return on Networth / Equity (%) 1.482.425.525.548.48
Return on Capital Employeed (%) 7.297.4511.6611.3513.76
Return On Assets (%) 0.841.392.992.824.33
Long Term Debt / Equity (X) 0.020.070.080.140.13
Total Debt / Equity (X) 0.560.550.630.650.63
Asset Turnover Ratio (%) 0.710.820.891.041.09
Current Ratio (X) 2.302.482.312.272.21
Quick Ratio (X) 1.201.231.211.081.27
Inventory Turnover Ratio (X) 1.541.271.301.952.50
Interest Coverage Ratio (X) 1.852.012.823.173.76
Interest Coverage Ratio (Post Tax) (X) 1.291.472.042.172.73
Enterprise Value (Cr.) 60.4470.2938.1255.4418.86
EV / Net Operating Revenue (X) 2.152.151.041.350.47
EV / EBITDA (X) 27.9829.9911.6216.765.22
MarketCap / Net Operating Revenue (X) 1.721.820.771.060.21
Price / BV (X) 2.122.651.292.090.42
Price / Net Operating Revenue (X) 1.721.820.771.060.21
EarningsYield 0.010.010.040.020.19

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Jet Knitwears Ltd. is a Public Limited Listed company incorporated on 02/04/1996 and has its registered office in the State of Uttar Pradesh, India. Company's Corporate Identification Number(CIN) is L19101UP1996PLC019722 and registration number is 019722. Currently Company is involved in the business activities of Manufacture of knitted and crocheted apparel. Company's Total Operating Revenue is Rs. 28.17 Cr. and Equity Capital is Rs. 4.41 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Textiles - Readymade ApparelsNo.119/410-B-1, Darshan Purwa, Kanpur Uttar Pradesh 208012Contact not found
Management
NamePosition Held
Mr. Balram Kumar NarulaChairman
Mr. Rakesh Kumar NarulaWhole Time Director
Mr. Anil Kumar NarulaWhole Time Director
Mr. Ramesh ChandraIndependent Director
Mr. Ashok Chandra BajpaiIndependent Director
Mrs. Avantika MishraIndependent Director
Mrs. Dinesh ParasharNon Executive Woman Director

FAQ

What is the intrinsic value of Jet Knitwears Ltd and is it undervalued?

As of 05 April 2026, Jet Knitwears Ltd's intrinsic value is ₹38.80, which is 56.50% lower than the current market price of ₹89.20, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (1.50 %), book value (₹51.9), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Jet Knitwears Ltd?

Jet Knitwears Ltd is trading at ₹89.20 as of 05 April 2026, with a FY2026-2027 high of ₹110 and low of ₹89.2. The stock is currently near its 52-week low. Market cap stands at ₹39.3 Cr..

How does Jet Knitwears Ltd's P/E ratio compare to its industry?

Jet Knitwears Ltd has a P/E ratio of 51.7, which is above the industry average of 33.42. The premium over industry average may reflect growth expectations or speculative interest.

Is Jet Knitwears Ltd financially healthy?

Key indicators for Jet Knitwears Ltd: ROCE of 4.85 % is on the lower side compared to the industry average of 11.36%; ROE of 1.50 % is below ideal levels (industry average: 15.66%). Dividend yield is 0.00 %.

Is Jet Knitwears Ltd profitable and how is the profit trend?

Jet Knitwears Ltd reported a net profit of ₹0 Cr in Mar 2025 on revenue of ₹27 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows a declining trend.

Does Jet Knitwears Ltd pay dividends?

Jet Knitwears Ltd has a dividend yield of 0.00 % at the current price of ₹89.20. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Jet Knitwears Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE