Jasch Industries Ltd.

•

jaschindustries.comBSE: -NSE: JASCHIND

Market Cap₹ 200 Cr.

Current Price

High / Low—

Stock P/E13.5

Book Value₹ 119

Price to Book1.19

Dividend Yield0.00 %

ROCE19.2 %

ROE18.9 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Synthetic Leather & Allied Products - PU: 50.9% • Synthetic Leather & Allied Products - PVC: 49.1%

AI Sector View

AI GENERATED

Textiles

Hold

This sector relies on indirect export proxies rather than direct textile production data. Exports of goods rose 15.0% YoY (2026-06), the currency is weak at 95.23 (Sep/26), and export prices are 163.50, all of which can help exporters, though terms of trade at 102.30 are below the prior 114 in the snapshot context. FPI flows are modestly positive at INR 256 crore over 3 months to 2026-08-31, so the stance is mildly constructive but confidence is capped due to proxy reliance.

Confidence

50%

View full sector analysis →

PROS

Latest quarter profit grew 72.5% YoY, showing strong momentum
Operating margins have improved to 9.9% from 4.2%
Company comfortably covers its interest (11.6x coverage)
Attractively priced for its growth - PEG of 0.2
Company converts assets efficiently - asset turnover of 1.6x

CONS

Receivables are growing faster than sales - a possible quality concern
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.51x)
Total debt has risen sharply - up 87.6% year on year
Free cash flow has been persistently negative
Company has delivered a poor profit growth of 3.1% over past five years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

TextilesTextileTextile - Weaving

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	SIYSIL	549.95	10.52	2495.13	2.91	11.01	137.31	445.66	14.42	20.46	4.05
2.	UNITEDPOLY	38.02	31.95	872.62	0.00	7.82	31.87	179.85	23.03	15.11	6.90
3.	VTMLTD	57.73	68.10	580.58	0.00	19.32	319.54	984.04	1266.97	4.55	5.92
4.	MANOMAY	224.65	20.13	405.46	0.00	4.95	11.28	197.51	20.48	12.74	10.01
5.	VGL	56.32	0.00	290.21	0.00	78.81	—	1179.33	—	21.49	14.91
6.	JASCHIND	294.45	8.89	200.17	0.00	5.07	-4.97	59.32	-3.79	19.22	11.43
7.	BSL	122.00	34.57	125.56	0.00	1.72	266.38	169.72	7.41	6.01	8.42
8.	KGDENIM	14.10	3.19	36.15	0.00	8.44	359.69	4.86	-64.71	-7.29	-86.21

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	39	46	47	40	42	43	49	50	42	52	57	78	75
	36	42	41	38	38	40	46	46	38	47	53	68	70
Operating Profit	4	5	5	1	4	3	3	4	4	4	5	10	6
OPM %	9.04%	10.06%	11.72%	3.62%	8.49%	6.77%	6.39%	7.93%	9.74%	7.61%	8.13%	12.52%	8.40%
Other Income	0	0	0	1	0	0	0	0	0	0	-0	0	0
Interest	0	0	0	0	0	0	0	0	0	0	0	0	1
Depreciation	1	1	1	1	1	1	1	1	1	1	1	1	1
	3	4	5	1	3	2	2	3	3	3	3	9	5
Tax %	25.00%	27.59%	25.71%	18.95%	25.30%	25.28%	27.47%	16.83%	25.08%	27.68%	25.29%	25.81%	25.16%
Net Profit	2	3	3	1	2	1	2	3	2	2	3	6	4
	3	4	5	1	3	2	2	4	3	3	4	9	1
Equity Capital	11	7	7	7	7	7	7	7	7	7	7	7	7
Reserves	42	46	49	50	52	53	54	57	59	61	64	70	74
Promoter Pledge %	0.00%	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

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	104	130	153	130	134	214	167	172	184	229	262
	93	118	139	120	117	185	160	156	170	206	238
Operating Profit	13	13	16	12	19	31	7	16	14	23	—
OPM %	12	10	10	9	14	14	4	9	8	10	—
Other Income	1	1	1	2	1	2	0	1	1	0	0
Interest	2	2	2	2	1	1	1	1	2	2	2
Depreciation	3	3	3	3	3	3	2	3	3	3	3
	7	8	10	6	16	27	4	12	10	18	20
Tax %	34	35	21	27	27	26	26	25	23	26	26
Net Profit	5	5	8	5	11	20	3	9	7	13	15
EPS	0	0	0	0	10	18	18	13	11	19	—
Dividend Payout %	0	0	0	0	0	0	0	0	0	0	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	4	5	7	4	10	18	4	13	11	19	—

COMPOUNDED SALES GROWTH

10 Years:: 9%
5 Years:: 11%
3 Years:: 11%

COMPOUNDED PROFIT GROWTH

10 Years:: 12%
5 Years:: 3%
3 Years:: 65%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: 15%
5 Years:: 16%
3 Years:: 16%
Last Year:: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	11	11	11	11	11	11	7	7	7	7
	29	34	42	47	58	78	41	50	57	70
	15	17	19	0	1	2	4	8	11	18
Trade Payables	15	21	19	18	21	24	17	11	19	38
	20	18	17	15	18	24	10	13	18	33
Total Liabilities	90	102	108	91	110	141	79	89	112	167
ASSETS	-	-	-	-	-	-	-	-	-	-
	25	28	29	31	30	29	26	29	39	39
Capital Work in Progress	0	0	3	0	0	0	0	0	5	23
	5	11	12	3	0	0	0	0	0	0
	17	22	20	20	22	31	23	20	25	35
	0	0	0	0	0	0	0	27	33	55
Cash & Bank	14	11	17	6	24	42	1	4	2	2
	28	30	27	32	34	39	28	8	6	13
Total Assets	90	102	108	91	110	141	79	89	112	167
Total Debt	20	21	23	4	4	5	8	13	22	42
Net Working Capital	15	14	19	31	42	62	25	30	26	31
Contingent Liabilities	15	18	15	18	19	26	8	8	9	24
Book Value per Share	35.43	40.16	47.09	51.10	61.36	79.23	69.63	83.08	93.61	113.11
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	11	9	12	7	-1	3	-23	4	8	3
Cash from Investing	-2	-10	-6	3	2	-1	16	-4	-19	-20
Cash from Financing	-0	-2	0	-22	-0	1	8	3	8	17
	8	-3	6	-12	0	3	0	3	-3	-0
Free Cash Flow	8	5	5	5	-2	2	-23	-1	-11	-17
OCF / Net Profit	2.28	1.72	1.49	1.55	-0.11	0.15	-7.72	0.45	1.07	0.23
Cumulative 5-Year FCF	0	0	0	0	22	16	-13	-18	-34	-50

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE
EPS (₹)	4.25	4.74	6.93	4.00	10.02	17.87	4.37	13.24	11.01	19.50
Book Value (₹)	35.43	40.16	47.09	51.10	61.36	79.23	69.63	83.08	93.61	113.11
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	6.75	7.12	9.55	6.62	12.54	20.46	7.73	17.21	15.45	24.07
PROFITABILITY
Operating Margin %	10.83%	10.00%	10.38%	8.91%	14.22%	14.34%	4.24%	8.80%	7.38%	9.90%
Net Margin %	4.14%	4.01%	5.13%	3.50%	8.46%	9.45%	1.78%	5.25%	4.07%	5.80%
ROE %	12.76%	12.54%	15.88%	8.16%	17.82%	25.42%	4.34%	17.34%	12.46%	18.86%
ROCE %	17.76%	16.87%	17.42%	12.47%	24.11%	33.15%	6.40%	21.01%	14.60%	19.22%
	6.03%	5.60%	7.47%	4.54%	11.30%	16.16%	2.71%	10.77%	7.47%	9.52%
EFFICIENCY
Debtor Days	73	65	57	64	69	48	58	56	60	71
Inventory Days	47	54	51	56	56	45	59	46	45	48
Payable Days	70	77	70	80	81	57	60	43	43	65
	50	41	38	40	44	36	57	58	62	53
FINANCIAL HEALTH
Debt to Equity (x)	0.51x	0.46x	0.43x	0.06x	0.05x	0.05x	0.18x	0.23x	0.35x	0.55x
Interest Coverage (x)	3.96x	4.31x	5.08x	3.60x	26.49x	53.59x	5.94x	11.92x	7.05x	11.56x
	1.37x	1.28x	1.38x	2.08x	2.18x	2.32x	1.96x	2.13x	1.64x	1.44x
GROWTH
Revenue Growth %	6.16%	24.76%	17.43%	-15.31%	3.54%	59.63%	-22.03%	2.70%	7.17%	24.37%
Operating Profit Growth %	12.01%	6.21%	18.55%	-27.29%	65.34%	60.98%	-76.94%	123.26%	-9.28%	58.84%
Net Profit Growth %	17.35%	11.41%	46.26%	-42.21%	150.20%	78.33%	-85.32%	202.79%	-16.83%	77.05%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	202.79%	-16.83%	77.05%
VALUATION
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	16.01x	12.59x	6.89x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	2.55x	1.48x	1.19x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	9.65x	8.00x	5.77x

Shareholding Pattern

Numbers in percentages

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	57.64	57.64	57.64	57.64	57.64	57.64	57.64	57.64
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	42.36	42.36	42.36	42.36	42.36	42.36	42.36	42.36

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for JASCHIND

Loading news…

🤖

AI Stock Analyst

Jasch Industries Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

SIYSIL

549.95

10.52

2495.13

2.91

11.01

137.31

445.66

14.42

20.46

4.05

UNITEDPOLY

38.02

31.95

872.62

0.00

7.82

31.87

179.85

23.03

15.11

6.90

VTMLTD

57.73

68.10

580.58

0.00

19.32

319.54

984.04

1266.97

4.55

5.92

MANOMAY

224.65

20.13

405.46

0.00

4.95

11.28

197.51

20.48

12.74

10.01

VGL

56.32

0.00

290.21

0.00

78.81

—

1179.33

—

21.49

14.91

JASCHIND

294.45

8.89

200.17

0.00

5.07

-4.97

59.32

-3.79

19.22

11.43

BSL

122.00

34.57

125.56

0.00

1.72

266.38

169.72

7.41

6.01

8.42

KGDENIM

14.10

3.19

36.15

0.00

8.44

359.69

4.86

-64.71

-7.29

-86.21

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

Operating Profit

OPM %

9.04%

10.06%

11.72%

3.62%

8.49%

6.77%

6.39%

7.93%

9.74%

7.61%

8.13%

12.52%

8.40%

Other Income

-0

Interest

Depreciation

Tax %

25.00%

27.59%

25.71%

18.95%

25.30%

25.28%

27.47%

16.83%

25.08%

27.68%

25.29%

25.81%

25.16%

Net Profit

Equity Capital

Reserves

Promoter Pledge %

0.00%

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

104

130

153

130

134

214

167

172

184

229

262

118

139

120

117

185

160

156

170

206

238

Operating Profit

—

OPM %

—

Other Income

Interest

Depreciation

Tax %

Net Profit

EPS

—

Dividend Payout %

—

Minority Interest

Share of Associates

Adjusted EPS

—

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

LIABILITIES

Equity Capital

Trade Payables

Total Liabilities

102

108

110

141

112

167

ASSETS

Capital Work in Progress

Cash & Bank

Total Assets

102

108

110

141

112

167

Total Debt

Net Working Capital

Contingent Liabilities

Book Value per Share

35.43

40.16

47.09

51.10

61.36

79.23

69.63

83.08

93.61

113.11

Face Value

10.00

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

-1

-23

Cash from Investing

-2

-10

-6

-1

-4

-19

-20

Cash from Financing

-0

-2

-22

-0

-3

-12

-3

-0

Free Cash Flow

-2

-23

-1

-11

-17

OCF / Net Profit

2.28

1.72

1.49

1.55

-0.11

0.15

-7.72

0.45

1.07

0.23

Cumulative 5-Year FCF

-13

-18

-34

-50

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

PER SHARE

EPS (₹)

4.25

4.74

6.93

4.00

10.02

17.87

4.37

13.24

11.01

19.50

Book Value (₹)

35.43

40.16

47.09

51.10

61.36

79.23

69.63

83.08

93.61

113.11

Dividend per Share (₹)

0.00

Cash EPS (₹)

6.75

7.12

9.55

6.62

12.54

20.46

7.73

17.21

15.45

24.07

PROFITABILITY

Operating Margin %

10.83%

10.00%

10.38%

8.91%

14.22%

14.34%

4.24%

8.80%

7.38%

9.90%

Net Margin %

4.14%

4.01%

5.13%

3.50%

8.46%

9.45%

1.78%

5.25%

4.07%

5.80%

ROE %

12.76%

12.54%

15.88%

8.16%

17.82%

25.42%

4.34%

17.34%

12.46%

18.86%

ROCE %

17.76%

16.87%

17.42%

12.47%

24.11%

33.15%

6.40%

21.01%

14.60%

19.22%

6.03%

5.60%

7.47%

4.54%

11.30%

16.16%

2.71%

10.77%

7.47%

9.52%

EFFICIENCY

Debtor Days

Inventory Days

Payable Days

FINANCIAL HEALTH

Debt to Equity (x)

0.51x

0.46x

0.43x

0.06x

0.05x

0.18x

0.23x

0.35x

0.55x

Interest Coverage (x)

3.96x

4.31x

5.08x

3.60x

26.49x

53.59x

5.94x

11.92x

7.05x

11.56x

1.37x

1.28x

1.38x

2.08x

2.18x

2.32x

1.96x

2.13x

1.64x

1.44x

GROWTH

Revenue Growth %

6.16%

24.76%

17.43%

-15.31%

3.54%

59.63%

-22.03%

2.70%

7.17%

24.37%

Operating Profit Growth %

12.01%

6.21%

18.55%

-27.29%

65.34%

60.98%

-76.94%

123.26%

-9.28%

58.84%

Net Profit Growth %

17.35%

11.41%

46.26%

-42.21%

150.20%

78.33%

-85.32%

202.79%

-16.83%

77.05%

0.00%

202.79%

-16.83%

77.05%

VALUATION

P/E (x)

0.00x

16.01x

12.59x

6.89x

P/B (x)

0.00x

2.55x

1.48x

1.19x

Dividend Yield %

0.00%

0.00x

9.65x

8.00x

5.77x

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

57.64

FIIs

0.00

DIIs

0.00

Government

0.00

42.36

Jasch Industries Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Jasch Industries Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI