Jet Knitwears (JETKNIT)₹48.45−4.91%Garments & Apparels
In the Mar 2026 quarter (standalone), Jet Knitwears reported sales of ₹10.86 Cr, down 18.6% from Mar 2025, and net profit of ₹0.02 Cr, down 97.2% year on year. For the year to Mar 2026, sales were ₹23.34 Cr and net profit ₹0.07 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 17.53 | 17.28 | 15.42 | 14.79 | 13.34 | 12.47 | 10.86 |
| Expenses | 15.97 | 15.82 | 14.58 | 14.32 | 11.60 | 11.65 | 10.03 |
| Operating Profit | 1.53 | 1.43 | 0.83 | 0.46 | 1.71 | 0.79 | 0.82 |
| OPM % | 8.7% | 8.3% | 5.4% | 3.1% | 12.8% | 6.3% | 7.5% |
| Other Income | 0.06 | 0.02 | 0.10 | 0.00 | 0.00 | 0.03 | 0.03 |
| Interest | 0.60 | 0.54 | 0.60 | 0.56 | 0.59 | 0.52 | 0.62 |
| Depreciation | 0.23 | 0.23 | 0.28 | 0.20 | 0.22 | 0.19 | 0.17 |
| Profit before tax | 0.71 | 0.63 | 0.00 | −0.32 | 0.86 | 0.06 | 0.01 |
| Tax % | 20.8% | 23.5% | −500.0% | 12.1% | 19.5% | 28.6% | 50.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.58 | 0.50 | 0.07 | −0.37 | 0.72 | 0.06 | 0.02 |
| EPS (Rs) | 1.30 | 1.10 | 0.15 | −0.81 | 1.60 | 0.12 | 0.03 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 36.72 | 38.52 | 42.54 | 42.50 | 45.84 | 43.28 | 38.10 | 39.47 | 34.97 | 31.30 | 27.10 | 23.34 |
| Expenses | 34.27 | 35.97 | 39.62 | 39.20 | 42.10 | 39.24 | 34.44 | 36.08 | 31.64 | 29.00 | 24.86 | 21.71 |
| Operating Profit | 2.39 | 2.46 | 2.84 | 3.22 | 3.68 | 3.97 | 3.59 | 3.29 | 3.24 | 2.27 | 2.16 | 1.58 |
| OPM % | 6.5% | 6.4% | 6.7% | 7.6% | 8.0% | 9.2% | 9.5% | 8.3% | 9.3% | 7.3% | 8.0% | 6.7% |
| Other Income | 0.02 | −0.05 | 0.06 | 0.03 | 0.02 | 0.00 | 0.04 | −0.05 | 0.06 | 0.10 | 0.02 | 0.05 |
| Interest | 1.32 | 1.22 | 1.10 | 0.98 | 1.09 | 1.20 | 0.95 | 1.03 | 1.15 | 1.16 | 1.16 | 1.14 |
| Depreciation | 0.55 | 0.55 | 0.56 | 0.61 | 0.56 | 0.59 | 0.52 | 0.57 | 0.46 | 0.52 | 0.43 | 0.37 |
| Profit before tax | 0.49 | 0.61 | 1.19 | 1.61 | 2.00 | 2.14 | 2.11 | 1.61 | 1.64 | 0.64 | 0.54 | 0.07 |
| Tax % | 38.0% | 33.9% | 34.2% | 25.9% | 27.3% | 28.8% | 21.7% | 29.0% | 26.7% | 15.4% | 38.1% | 37.5% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.31 | 0.42 | 0.80 | 1.21 | 1.46 | 1.54 | 1.67 | 1.16 | 1.22 | 0.56 | 0.35 | 0.07 |
| EPS (Rs) | 0.99 | 1.36 | 1.94 | 2.73 | 3.30 | 3.46 | 3.76 | 2.60 | 2.76 | 1.26 | 0.76 | 0.15 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.01 | 3.01 | 4.09 | 4.42 | 4.42 | 4.42 | 4.42 | 4.42 | 4.42 | 4.42 | 4.42 | 4.42 |
| Reserves | 3.41 | 3.95 | 7.87 | 10.54 | 12.00 | 13.52 | 15.18 | 16.33 | 17.54 | 18.08 | 18.43 | 18.48 |
| Borrowings | 9.80 | 11.83 | 8.90 | 10.17 | 10.21 | 10.05 | 13.17 | 13.64 | 14.26 | 12.59 | 13.02 | 13.53 |
| Other Liabilities | 4.04 | 3.22 | 4.05 | 5.26 | 7.36 | 6.12 | 5.58 | 6.27 | 4.31 | 4.17 | 4.32 | 3.45 |
| Total Liabilities | 20.26 | 22.01 | 24.91 | 30.39 | 33.99 | 34.11 | 38.35 | 40.66 | 40.53 | 39.26 | 40.19 | 39.88 |
| Fixed Assets | 2.57 | 2.17 | 2.23 | 2.59 | 2.53 | 2.35 | 2.15 | 1.77 | 1.58 | 1.48 | 1.33 | 0.96 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.26 | 0.26 | 0.00 | 0.00 |
| Investments | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 17.63 | 19.84 | 22.68 | 27.80 | 31.46 | 31.76 | 36.20 | 38.89 | 38.69 | 37.52 | 38.86 | 38.92 |
| Inventories | 7.55 | 5.93 | 4.92 | 8.12 | 9.64 | 10.69 | 15.05 | 19.97 | 18.17 | 18.46 | 18.18 | 15.80 |
| Trade receivables | 8.37 | 9.89 | 13.97 | 16.62 | 18.68 | 16.97 | 16.99 | 15.21 | 14.50 | 15.46 | 17.90 | 19.88 |
| Cash & equivalents | 0.60 | 2.48 | 1.26 | 1.43 | 0.72 | 2.79 | 1.99 | 1.41 | 4.19 | 1.76 | 1.05 | 1.21 |
| Total Assets | 20.26 | 22.01 | 24.91 | 30.39 | 33.99 | 34.11 | 38.35 | 40.66 | 40.53 | 39.26 | 40.19 | 39.88 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.07 | 2.74 | −2.21 | −1.42 | 0.86 | 3.87 | −2.13 | 0.20 | 4.14 | 0.82 | 0.07 | 0.81 |
| Cash from investing activity | −0.54 | −0.08 | −0.63 | −0.96 | −0.50 | −0.42 | −0.34 | −0.19 | −0.53 | −0.42 | −0.04 | −0.02 |
| Cash from financing activity | −0.04 | −0.76 | 1.61 | 2.55 | −1.07 | −1.37 | 1.65 | −0.58 | −0.81 | −2.82 | −0.75 | −0.64 |
| Net cash flow | −0.50 | 1.87 | −1.21 | 0.16 | −0.70 | 2.07 | −0.80 | −0.57 | 2.77 | −2.41 | −0.71 | 0.15 |
| Capex | 0.54 | 0.21 | 0.63 | 0.99 | 0.52 | 0.44 | 0.34 | 0.21 | 0.55 | 0.00 | 0.00 | 0.02 |
| Free cash flow | −0.46 | 2.56 | −2.81 | −2.38 | 0.33 | 3.42 | −2.44 | 0.00 | 3.58 | 0.80 | 0.05 | 0.78 |
| CFO / OP % | 3.0% | 122.0% | −78.0% | −44.0% | 22.9% | 96.9% | −59.1% | 6.0% | 128.0% | 36.0% | 3.0% | 51.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 83 | 94 | 120 | 143 | 149 | 143 | 163 | 141 | 151 | 180 | 241 | 311 |
| Inventory days | 112 | 84 | 50 | 87 | 100 | 119 | 191 | 242 | 254 | 287 | 335 | 347 |
| Days payable | 48 | 40 | 23 | 35 | 54 | 34 | 50 | 58 | 42 | 45 | 54 | 49 |
| Cash conversion cycle | 149 | 139 | 148 | 195 | 195 | 229 | 305 | 326 | 364 | 424 | 523 | 610 |
| Working capital days | 41 | 22 | 76 | 104 | 111 | 114 | 166 | 184 | 184 | 235 | 276 | 323 |
| ROCE % | 11.8% | 11.0% | 11.6% | 11.4% | 12.1% | 12.4% | 10.2% | 8.1% | 7.9% | 5.1% | 4.9% | 3.4% |
For the Mar 2026 quarter, Jet Knitwears reported sales of ₹10.86 Cr, down 18.6% year on year and net profit of ₹0.02 Cr, down 97.2% year on year. The operating margin was 7.5%.
Jet Knitwears' sales for the year to Mar 2026 were ₹23.34 Cr.
Net profit for the year to Mar 2026 was ₹0.07 Cr. Earnings per share over the same trailing period were ₹0.15.
Jet Knitwears reported borrowings of ₹13.53 Cr at Mar 2026, against cash and equivalents of ₹1.21 Cr.
Cash from operations was ₹0.81 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.78 Cr.