WEBSITE BSE:514318 NSE: JATTAINDUS Inc. Year: 1988 Industry: Textile - Manmade Fibres My Bucket: Add Stock
Last updated: 11:27
No Notes Added Yet
1. Business Overview
Jattashankar Industries Ltd. operates within the Indian textile sector, specifically focusing on man-made fibres (MMF). Its core business involves the manufacturing and sale of various synthetic fibres. This typically includes processing raw materials (often derivatives of petrochemicals) into fibres like polyester, nylon, acrylic, or viscose. These fibres are then supplied as raw material to other textile manufacturers for the production of apparel, home furnishings, technical textiles, and industrial applications. The company generates revenue by selling these manufactured man-made fibres to a business-to-business (B2B) customer base.
2. Key Segments / Revenue Mix
Based on the provided information, the company's primary business segment is the manufacturing and sale of man-made fibres. Detailed breakdowns of revenue contribution by specific fibre types (e.g., polyester staple fibre, polyester filament yarn) or end-user applications are not available.
3. Industry & Positioning
The Indian man-made fibres industry is a significant component of the overall textile sector, characterized by its capital-intensive nature, reliance on petrochemical raw materials, and susceptibility to global commodity price fluctuations. It is a competitive market with both large integrated players and smaller specialized units. The industry benefits from government support for manufacturing and exports, and a growing domestic demand for textiles. Without specific market share data, Jattashankar Industries Ltd. can be positioned as a participant in this segment, competing on factors such as cost efficiency, product quality, and supply chain reliability against other domestic and international manufacturers.
4. Competitive Advantage (Moat)
In the man-made fibres industry, potential competitive advantages often arise from:
Economies of Scale: Large-scale manufacturing operations can lead to lower per-unit production costs, offering a price advantage.
Cost Efficiency: Advanced manufacturing processes, efficient raw material sourcing, and operational excellence can reduce costs.
Product Differentiation: Investment in R&D to produce specialized, high-performance, or sustainable fibres can create niche advantages.
Integrated Operations: Vertical integration (e.g., from raw material to finished fibre) can improve cost control and supply chain stability.
Without specific company details, it's challenging to ascertain Jattashankar Industries Ltd.'s unique durable advantages, though operational efficiency and scale are generally critical in this sector.
5. Growth Drivers
Key factors that can drive growth for Jattashankar Industries Ltd. over the next 3-5 years include:
Increasing Textile Demand: Rising disposable incomes and changing fashion trends in India will continue to drive demand for textiles, translating into higher fibre consumption.
Shift Towards Man-made Fibres: A growing global and domestic preference for MMF due to their functional properties (durability, wrinkle resistance, versatility) and lower environmental impact compared to natural fibres in some contexts.
Government Initiatives: Schemes like the Production Linked Incentive (PLI) scheme for textiles and promotion of technical textiles can boost domestic manufacturing and demand for MMF.
Export Opportunities: Growth in global textile trade can provide export avenues for Indian MMF manufacturers.
6. Risks
Raw Material Price Volatility: Prices of key petrochemical raw materials (e.g., PTA, MEG) are linked to crude oil prices and global supply-demand dynamics, which can significantly impact profit margins.
Demand Fluctuations: The textile industry is cyclical, and economic downturns or changes in consumer preferences can lead to reduced demand for fibres.
Intense Competition: The presence of several domestic and international players can lead to pricing pressures and margin erosion.
Environmental Regulations: Stringent environmental norms and regulations regarding pollution control and sustainable manufacturing can increase operational costs and require significant capital expenditure.
Currency Fluctuations: For companies involved in exports or imports of raw materials, exchange rate volatility can impact profitability.
7. Management & Ownership
As is common with many Indian companies, Jattashankar Industries Ltd. is likely promoter-driven, meaning the founding family or group maintains a significant ownership stake and exercises substantial control over strategic decisions and day-to-day operations. The quality of management would depend on their industry experience, strategic vision, and execution capabilities in navigating the cyclical and competitive man-made fibres sector. Specific details on the current management team and precise ownership structure are not provided.
8. Outlook
Jattashankar Industries Ltd. operates in a crucial segment of the Indian textile industry, poised for growth driven by increasing domestic and global demand for textiles and a structural shift towards man-made fibres due to their functional advantages. Government support for manufacturing and exports could also provide tailwinds. However, the company faces inherent challenges common to the MMF sector, including significant exposure to volatile petrochemical raw material prices, intense competition, and the cyclical nature of textile demand. Managing operational efficiencies, product innovation, and supply chain risks will be key to sustained performance. The outlook is balanced between the sector's growth potential and its inherent cost and demand vulnerabilities.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Market Cap ₹175 Cr.
Stock P/E -147.6
P/B 9.3
Current Price ₹400
Book Value ₹ 43.1
Face Value 10
52W High ₹454.1
Dividend Yield 0%
52W Low ₹ 201.2
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 5 | 3 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 56 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 5 | 4 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 56 |
| Total Expenditure | 5 | 3 | 4 | 4 | 4 | 0 | 1 | 0 | 0 | 55 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | -0 | -0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 4 | -1 | -0 | -0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 4 | -1 | 0 | -0 | -0 | 0 | 0 | 0 |
| Provision for Tax | 0 | 0 | 1 | 0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 3 | -1 | 0 | -0 | -0 | 0 | 0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | 3 | -1 | 0 | -0 | -0 | 0 | 0 | 0 |
| Adjusted Earnings Per Share | 0.3 | 0.4 | 7.5 | -1.3 | 0.3 | -0.9 | -0.7 | 0.2 | 0.1 | 0.7 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 33 | 36 | 38 | 27 | 20 | 17 | 15 | 19 | 16 | 16 | 8 | 56 |
| Other Income | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Total Income | 33 | 36 | 38 | 27 | 21 | 17 | 16 | 20 | 16 | 17 | 10 | 56 |
| Total Expenditure | 30 | 33 | 35 | 24 | 18 | 16 | 15 | 19 | 15 | 16 | 10 | 56 |
| Operating Profit | 3 | 3 | 3 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | -0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | -1 | 0 |
| Profit Before Tax | 3 | 2 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 5 | -1 | 0 |
| Provision for Tax | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Profit After Tax | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | -1 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | -1 | 0 |
| Adjusted Earnings Per Share | 6.3 | 5 | 4 | 4.6 | 4.2 | 1.5 | 1.3 | 2.1 | 1.2 | 8.7 | -2.7 | 0.3 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -50% | -25% | -14% | -13% |
| Operating Profit CAGR | -100% | -100% | -100% | -100% |
| PAT CAGR | -125% | NAN% | NAN% | NAN% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 79% | 183% | 78% | 43% |
| ROE Average | -6% | 6% | 6% | 18% |
| ROCE Average | -6% | 8% | 8% | 17% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 5 | 7 | 9 | 11 | 13 | 14 | 14 | 15 | 16 | 20 | 18 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Total Current Liabilities | 2 | 3 | 4 | 3 | 3 | 0 | 0 | 1 | 0 | 0 | 0 |
| Total Liabilities | 10 | 12 | 14 | 15 | 17 | 15 | 16 | 17 | 18 | 21 | 20 |
| Fixed Assets | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 0 |
| Other Non-Current Assets | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 7 | 8 | 11 | 13 | 14 | 13 | 13 | 15 | 15 | 19 | 20 |
| Total Assets | 10 | 12 | 14 | 15 | 17 | 15 | 16 | 17 | 18 | 21 | 20 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 1 | 3 | 4 | 2 | 1 | -0 | 2 | 1 | 0 | -0 | 2 |
| Cash Flow from Investing Activities | -1 | -1 | -2 | -2 | -1 | -0 | -2 | -1 | -0 | 0 | -2 |
| Cash Flow from Financing Activities | -0 | -2 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Inflow / Outflow | -0 | 0 | -0 | -0 | 0 | -0 | 0 | 0 | -0 | 0 | -0 |
| Closing Cash & Cash Equivalent | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 6.33 | 5.03 | 4 | 4.56 | 4.19 | 1.51 | 1.34 | 2.07 | 1.2 | 8.71 | -2.71 |
| CEPS(Rs) | 6.66 | 5.38 | 4.32 | 4.88 | 4.7 | 2.04 | 1.87 | 2.65 | 1.78 | 9.27 | -2.62 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 11.93 | 16.96 | 21.16 | 25.73 | 29.92 | 31.43 | 32.76 | 34.83 | 36.03 | 44.74 | 42.03 |
| Core EBITDA Margin(%) | 8.46 | 6.67 | 6.56 | 8.29 | 10.39 | 3.58 | 2.76 | 4.54 | 2.03 | 1.51 | -17.32 |
| EBIT Margin(%) | 8.55 | 6.59 | 6.8 | 10.11 | 11.73 | 5.28 | 5.99 | 6.27 | 5.05 | 28.1 | -14.21 |
| Pre Tax Margin(%) | 8.54 | 6.55 | 6.78 | 10.08 | 11.68 | 5.25 | 5.98 | 6.27 | 5.05 | 28.1 | -14.21 |
| PAT Margin (%) | 8.54 | 6.17 | 4.65 | 7.52 | 9.01 | 3.97 | 3.88 | 4.67 | 3.34 | 23.43 | -14.55 |
| Cash Profit Margin (%) | 8.99 | 6.59 | 5.01 | 8.05 | 10.11 | 5.39 | 5.42 | 5.97 | 4.97 | 24.92 | -14.09 |
| ROA(%) | 33.06 | 19.87 | 13.53 | 13.73 | 11.26 | 4.06 | 3.75 | 5.49 | 3.03 | 19.91 | -5.84 |
| ROE(%) | 72.1 | 34.86 | 21.01 | 19.46 | 15.06 | 4.91 | 4.17 | 6.13 | 3.38 | 21.58 | -6.25 |
| ROCE(%) | 39.42 | 27.96 | 28.7 | 26.15 | 19.62 | 6.53 | 6.44 | 8.23 | 5.11 | 25.88 | -6.1 |
| Receivable days | 26.63 | 30.57 | 33.41 | 52.59 | 69.96 | 84.56 | 66.91 | 31.07 | 39.01 | 46.09 | 0 |
| Inventory Days | 24.03 | 21 | 14.06 | 17.41 | 25.89 | 29.84 | 26 | 24.88 | 33.45 | 23.35 | 0 |
| Payable days | 16.54 | 24.43 | 27.7 | 33.3 | 43.45 | 29.5 | 8.22 | 7.23 | 6.87 | 2.5 | 2.78 |
| PER(x) | 0 | 2.15 | 4.36 | 4.95 | 3.38 | 7.36 | 15.66 | 6.86 | 16.29 | 2.44 | 0 |
| Price/Book(x) | 0 | 0.64 | 0.82 | 0.88 | 0.47 | 0.35 | 0.64 | 0.41 | 0.54 | 0.48 | 4.75 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.21 | 0.15 | 0.19 | 0.35 | 0.27 | 0.26 | 0.57 | 0.29 | 0.51 | 0.54 | 10.68 |
| EV/Core EBITDA(x) | 2.34 | 2.13 | 2.61 | 3.33 | 2.07 | 3.92 | 7.61 | 3.87 | 7.65 | 7.7 | -6100.94 |
| Net Sales Growth(%) | 27.84 | 10.17 | 5.59 | -29.64 | -23.31 | -18.46 | -9 | 28.55 | -19.14 | 3.66 | -49.91 |
| EBIT Growth(%) | 6.9 | -15.11 | 9.04 | 4.56 | -10.97 | -63.33 | 3.2 | 34.74 | -34.91 | 476.85 | -125.33 |
| PAT Growth(%) | 7.11 | -20.41 | -20.46 | 13.95 | -8.16 | -64.05 | -11.2 | 54.74 | -42.19 | 628.03 | -131.1 |
| EPS Growth(%) | 7.11 | -20.41 | -20.46 | 13.95 | -8.16 | -64.05 | -11.2 | 54.74 | -42.19 | 628.05 | -131.1 |
| Debt/Equity(x) | 0.57 | 0.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio(x) | 4.07 | 2.98 | 3.22 | 4.04 | 4.66 | 26.39 | 34.67 | 22.08 | 41.64 | 55.21 | 494.56 |
| Quick Ratio(x) | 2.65 | 2.38 | 2.86 | 3.65 | 4.14 | 24.04 | 31.96 | 19.62 | 38.16 | 52.8 | 494.56 |
| Interest Cover(x) | 830.9 | 181.25 | 380.08 | 372.91 | 225.48 | 198.06 | 755.17 | 763.13 | 0 | 0 | 0 |
| Total Debt/Mcap(x) | 0 | 0.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 72.55 | 72.55 | 72.55 | 72.55 | 72.55 | 72.55 | 72.55 | 72.55 | 72.56 | 72.56 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Public | 27.44 | 27.44 | 27.44 | 27.44 | 27.44 | 27.44 | 27.44 | 27.44 | 27.43 | 27.43 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 |
* The pros and cons are machine generated.
You May Also Know About
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.