Jet Knitwears logo

Jet Knitwears share price

NSE: JETKNIT

Jet Knitwears Limited · Face value ₹10 · Listed Oct 2016 · Issue price ₹39

Last traded ₹48.45 on 27 Aug 2026

Latest announcements

Routine notices left out.

Share price history

Daily closes since Oct 2016, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the half year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹11 Cr−18.6% on a year ago · −12.9% on the half year before
Net profit
₹0.01 Cr−99.1% on a year ago · −88.1% on the half year before
Earnings per share
₹0.01−99.4% on a year ago · −91.7% on the half year before
Net margin
0.1%

From revenue to net profit, ₹ crore

  1. Revenue11
  2. Other income0.0
  3. Finance costs−0.6
  4. Profit before tax0.0
  5. Tax0.0
  6. Net profit0.0

Jet Knitwears results by half year

Standalone: the listed company alone, without its subsidiaries. Latest half year to Mar 2026. Results for the half year to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by half year, ₹ crore

  • Revenue
  • Net profit
  • Loss
170.5Sep 23150.1Mar 2415−0.4Sep 24130.7Mar 25120.1Sep 25110.0Mar 26
Peak revenue ₹17 Cr, half year to Sep 2023; lowest ₹11 Cr, half year to Mar 2026A loss in 1 of the 6 half years shown

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
8.2%−2.5%8.2%5.3%3.0%6.2%2.8%0.4%−2.5%5.3%0.4%0.1%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26
₹ croreSep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Filed 14 NovMar 2026
Revenue from operations20.520.419.017.517.315.414.813.412.510.9
18.719.017.216.015.914.614.4–11.7–
Materials and goods bought14.815.113.712.312.211.211.18.69.27.4
Employee costs0.60.70.60.80.70.80.8–0.6–
Other expenses3.33.22.92.93.02.72.5–1.9–
Operating profit before depreciation1.81.41.71.51.40.80.4–0.8–
Operating margin8.6%7.0%9.0%8.6%8.2%5.3%3.0%–6.2%–
Depreciation and amortisation0.30.30.20.20.20.30.2–0.2–
Other income0.00.00.00.10.00.10.00.00.00.0
Finance costs0.50.50.60.60.60.60.60.60.50.6
One-off items0.00.00.00.00.00.00.0–––
Profit before tax1.00.60.90.70.60.0−0.30.90.10.0
0.30.20.30.20.20.00.00.20.00.0
Tax rate27.4%30.8%30.4%21.4%23.9%−414.2%–18.9%26.0%54.1%
Net profit0.70.40.60.60.50.1−0.40.70.10.0
Net margin3.5%2.1%3.4%3.2%2.8%0.4%−2.5%5.3%0.4%0.1%
Earnings per share–––––––₹1.61₹0.12₹0.01
Earnings per share in rupees, restated for later splits and bonuses.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
430.8Mar 17431.2Mar 18471.5Mar 19451.5Mar 20401.7Mar 21411.1Mar 22Mar 23330.5Mar 24280.313Mar 25230.114Mar 26
Peak revenue ₹47 Cr, year to Mar 2019; lowest ₹23 Cr, year to Mar 2026

Operating and net margin, per cent

  • Operating margin
  • Net margin
9.0%0.2%6.5%7.5%7.7%8.8%9.0%7.8%6.9%7.6%6.8%1.8%2.8%3.1%3.4%4.2%2.8%1.7%1.2%0.2%Mar 17Mar 19Mar 21Mar 23Mar 25Mar 26

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue23
  2. Materials and goods−17
  3. Employee costs−1.4
  4. Other expenses−3.9
  5. Operating profit1.6
  6. Depreciation−0.4
  7. Other income0.0
  8. Finance costs−1.2
  9. Profit before tax0.1
  10. Tax0.0
  11. Net profit0.1

What the company owns

  • Receivables₹20 Cr
  • Inventory₹16 Cr
  • Plant, investments and other assets₹3 Cr
  • Cash and bank₹1 Cr

What pays for it: net worth and liabilities

  • Net worth₹23 Cr
  • Borrowings₹14 Cr
  • Owed to suppliers₹2 Cr
  • Other liabilities₹1 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2023.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue from operations43.343.047.344.939.740.9–32.828.223.4
40.439.843.741.036.137.7–30.526.021.8
Materials and goods bought28.833.734.832.528.629.9–23.419.716.5
Employee costs0.31.11.21.21.31.3–1.51.51.4
Other expenses11.35.07.67.36.26.5–5.74.83.9
Operating profit before depreciation2.83.23.74.03.63.2–2.32.11.6
Operating margin6.5%7.5%7.7%8.8%9.0%7.8%–6.9%7.6%6.8%
Materials, % of revenue66.5%78.2%73.6%72.2%72.0%73.1%–71.3%70.0%70.8%
Employee costs, % of revenue0.7%2.6%2.6%2.7%3.2%3.1%–4.5%5.5%5.8%
Other expenses, % of revenue26.2%11.7%16.0%16.2%15.7%16.0%–17.3%16.9%16.6%
Depreciation and amortisation0.60.60.60.60.50.6–0.50.40.4
Operating profit after depreciation2.32.63.13.43.12.6–1.71.71.2
Other income0.00.00.00.00.00.0–0.10.00.0
Finance costs1.11.01.11.21.01.0–1.21.21.2
One-off items0.00.00.00.00.00.0–0.0––
Profit before tax1.21.62.02.22.11.6–0.70.60.1
0.40.40.60.60.50.5–0.10.20.0
Net profit0.81.21.51.51.71.1–0.50.30.1
Net margin1.8%2.8%3.1%3.4%4.2%2.8%–1.7%1.2%0.2%

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2025Mar 2026
22.822.9
Share capital4.44.4
Reserves18.418.5
13.013.5
16.616.3
0.80.7
Total assets40.139.9
2.11.7
38.138.2
Net debt11.912.3
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2020, Mar 2021, Mar 2022 and Mar 2024, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2025Mar 2026
0.060.69
0.230.69
−1.96−0.98
Receivables−2.43−1.99
Inventories0.302.37
Payables0.08−0.72
Other working capital0.09−0.64
Tax paid−0.170.00
Capital spending0.030.01
Free cash flow0.020.68
Cash from investing−0.030.01
−0.740.52
Dividends paid0.000.00
Shares issued0.000.00
Net change in cash−0.721.22
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2020, Mar 2021, Mar 2022 and Mar 2024.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Earnings per share–––₹0.79₹0.13
Diluted earnings per share–––₹0.79₹0.13
Book value per share–––₹51.80₹51.92
Market cap at the year end (₹ crore)43.2–59.5––

Ratios

Standalone, years to March.

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue growth–−0.5%9.9%−5.1%−11.7%3.2%––−14.0%−17.1%
Operating profit growth–13.8%14.1%7.9%−9.5%−10.5%––−4.5%−26.5%
Net profit growth–52.7%21.1%5.1%8.7%−30.8%––−36.5%−84.0%
Earnings per share growth–––––––––−83.5%
––––––––1.5%0.2%
–––––––––−1.3 pts
From the net margin–––––––––−1.2 pts
From asset turnover–––––––––0.0 pts
From borrowing–––––––––0.0 pts
Return on capital employed––––––––4.8%3.3%
Cash conversion––––––––17.0%1,241.9%
Interest cover2.02.62.82.83.22.5–1.51.51.0
Debt to equity––––––––0.570.59
Receivable days––––––––232311
Inventory days––––––––336348
Payable days––––––––5449
Cash conversion cycle, days––––––––513610
Working capital days––––––––426526
Asset turnover––––––––0.700.58
Assets per rupee of net worth––––––––1.761.75
Sales per rupee of plant––––––––21.3724.64
Capital spending to depreciation––––––––0.080.02
No balance sheet is on record for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2020, Mar 2021, Mar 2022 and Mar 2024, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
0.1%
Cash from operations against operating profit
43.6%
Measure10 years5 years3 years
Revenue growth, yearly rate–−10.1%–
Profit growth, yearly rate–−49.3%–
Return on equity, average––0.9%
Return on capital employed, average––4.0%
Operating margin, average7.6%7.3%7.1%
Net margin, average2.4%1.5%1.0%
Asset turnover, average––0.64
Cash conversion cycle, days, average––562
Interest cover, average2.21.61.3
Debt to equity, average––0.58

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ croreLatest year
Cash from operations0.69
Cash from investing0.01
Cash from financing0.52
Capital spending0.01
Dividends paid0.00
Shares issued for cash0.00
Borrowings raised0.52
Borrowings repaid0.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Receivables growth less revenue growthOur threshold 0 percentage points–––––––––28.33
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––––––––3.08
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––––––––1.26
Effective tax ratePublished threshold 17.16 per cent34.5226.0227.5828.9921.7328.74–16.2737.1233.81
Tax charged less tax paid, % of profitOur threshold 10 percentage points––––––––6.8433.81
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of Knitted Garments, which carries all its revenue.

Who owns Jet Knitwears, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2021; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters68.21%
  • Foreign institutions0.27%
  • Individuals and others31.52%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Individuals and others
68.21%0.00%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%0.00%0.00%0.00%0.00%0.00%0.00%0.27%0.27%0.27%31.79%31.79%31.79%31.79%31.79%31.79%31.52%31.52%31.52%Sep 22Sep 23Sep 24Sep 25Sep 26
Per centSep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 2026
68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%
Indian promoters68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%68.21%
31.79%31.80%31.79%31.79%31.79%31.79%31.79%31.79%31.79%31.79%31.79%
Shares in issue44,07,20044,07,20044,07,20044,07,20044,07,20044,07,20044,07,20044,07,20044,07,20044,07,20044,07,200
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Number of Jet Knitwears shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

201Sep 21170Mar 22169Sep 22169Mar 23125Sep 23111Mar 24113Sep 24115Mar 25116Sep 25116Mar 26118Sep 26
ShareholdersSep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 2026
All shareholders201170169169125111113115116116118
1919191919191919191919
Indian promoters1919191919191919191919
182151150150106929496979799
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Jet Knitwears promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is ANIL KUMAR NARULA, 10.10%.

Holder
ANIL KUMAR NARULAIndividuals and Hindu undivided families10.10%4,45,025
KANCHAN NARULAIndividuals and Hindu undivided families9.72%4,28,175
RAKESH KUMAR NARULAIndividuals and Hindu undivided families6.91%3,04,595
USHA NARULAIndividuals and Hindu undivided families6.22%2,74,145
JYOTI NARULAIndividuals and Hindu undivided families5.86%2,58,280
BALRAM KUMAR NARULAIndividuals and Hindu undivided families5.47%2,40,920
RAKESH KUMAR NARULA HUFIndividuals and Hindu undivided families3.45%1,52,100
ANIL KUMAR NARULA HUFIndividuals and Hindu undivided families3.22%1,41,850
ROHIT NARULAIndividuals and Hindu undivided families3.12%1,37,400
BALRAM KUMAR NARULA HUFIndividuals and Hindu undivided families2.90%1,27,840
BHUSHAN KUMAR NARULA HUFIndividuals and Hindu undivided families2.53%1,11,700
GEETA NARULAIndividuals and Hindu undivided families2.16%95,000
No promoter shares are reported as pledged.

Largest public holders of Jet Knitwears, filing by filing

Per cent, on the same shares as the split above.

HolderSep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 2026
MANOJ AGARWALResident individuals, over ₹2 lakh at face value8.03%8.75%8.75%8.75%12.22%12.83%12.81%12.81%12.81%12.81%12.81%
HARYANA REFRACTORIES PRIVATE LIMITEDCompanies5.89%2.31%2.31%2.31%9.05%9.26%In concert9.26%9.26%9.26%9.26%
tHARYANA REFRACTORIES PRIVATE LIMITEDCompanies––––––9.26%––––
SANJAY POPATLAL JAINResident individuals, over ₹2 lakh at face value–4.25%4.25%4.25%–––––––
GITA KIRTI AMBANIResident individuals, over ₹2 lakh at face value2.18%2.18%2.18%2.18%–––––––
NIKHIL GAMBHIRResident individuals, over ₹2 lakh at face value–1.77%1.74%1.74%–––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent. “In concert” is a filing that named the holder only among the persons acting in concert.

Jet Knitwears share price by year

Each calendar year to 2025.

YearClose at year endChangeHighest closeLowest close
202589.20−18.9%109.9589.20
2024110.00−16.7%138.60109.35
2023132.00+42.5%135.3550.10
202292.60−6.5%120.0085.65
202199.00+274.3%99.0018.05
202026.45+18.6%27.8019.00
201922.30−58.1%52.9019.85
201853.20−46.0%141.6550.00
201798.45+17.2%99.9057.00
201684.00–104.7046.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 29 May 2025. 2024 is from its first session, 16 Jan 2024. 2023 is from its first session, 1 Feb 2023. 2020 is from its first session, 11 Feb 2020. 2016 is from its first session, 7 Oct 2016. The close is the year's last trade for 2025 (8 Dec 2025), 2024 (18 Dec 2024), 2023 (6 Nov 2023), 2022 (25 May 2022), 2019 (5 Dec 2019) and 2018 (13 Dec 2018).

Recent sessions

The 10 trading days to 27 Aug 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolume
27 Aug 202648.4548.4548.4548.4548.45750
26 Aug 202650.9550.9550.9550.9550.95750
25 Aug 202653.6053.6053.6053.6053.60750
18 Aug 202656.4056.4056.4056.4056.40750
7 Aug 202659.3559.3559.3559.3559.35750
17 Jul 202662.4562.4562.4562.4562.45750
16 Jul 202665.7065.7065.7065.7065.70750
10 Jul 202669.1569.1569.1569.1569.15750
9 Jul 202672.7572.7572.7572.7572.75750
19 Jun 202676.5576.5576.5576.5576.55750
Prices in ₹ per share as traded, not adjusted.

Company details

NSE symbol
JETKNIT
ISIN
INE564T01017