Jagatjit Industries (BSE: JAGAJITIND) had a P/E of 53.2× on 6 Nov 2026, above the industry P/E of 31.3×, and the shares are 36% below their 52-week high. Sales fell 30% a year over 3 years while net profit grew 11%, with ROCE of 10% and ROE of 17%, though net profit is above operating profit, which points to a one-off gain. Debt is 5.77× equity. It is a small-cap company with a market cap of ₹585 Cr, ranked 13th of 19 Beverages (Wineries & Distilleries) companies by market cap; the shares fell 35% over the past year.
- ₹127.80
- ₹128.20
- ₹122.60
- ₹125.45
- 9.3K
Health check
- ReturnsBehind
−35.0% over a year, better than 1 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSlow
Sales −30.2%, profit +11.5% a year over 3 years.
- ProfitabilityWeak
ROCE 10.5% vs peer median 24.0%.
- Balance sheetStretched
Debt 5.77× equity, interest covered 1.3×, Piotroski 4 of 9.
- Red flags5 to check
Debt is 5.77× equity.
Small cap
Defensive
Key metrics
- Market cap
- ₹585 Cr
- Small cap
- P/E
- 53.2
- Industry 31.3
- Price to book
- 9.27
- Peers 8.68
- Dividend yield
- 0.00%
- ROE
- 16.9%
- Peers 15.4%
- ROCE
- 10.5%
- Peers 24.0%
- Debt to equity
- 5.77
- Debt ₹363 Cr
- EPS (TTM)
- ₹2.35
- OPM (TTM)
- −12.5%
- Net margin 2.7%
- Sales growth
- +77.6%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 1.36
- EV/EBITDA 14.2
Strengths and risks
Strengths
- Quarterly sales up 77.6% on a year ago.
Risks to check
- Debt is 5.77× equity.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 53.2 against an industry P/E of 31.3.
- 36% below its 52-week high.
- Interest coverage of only −1.1×.
About Jagatjit Industries
Jagatjit Industries Limited manufactures and sale of liquor products in India and internationally. It operates through Beverages, Food, Distillery (Ethanol), and Others segments. Its products include bottled Indian made foreign liquor, country liquor, industrial alcohol, sanitizers, and licensing use of its IMFL brands. The company offers whiskies, gin, rum, brandy, scotch, and vodka under the Aristocrat Premium Old, Aristocrat Premium, Royal Medallion,…
- Headquarters
- New Delhi
- Employees
- 1,014
- Sector
- Consumer Defensive
- ISIN
- INE574A01016
- Website
- jagatjit.com
Price range
- Avg volume (3M)
- 24.6K
- 1-year return
- minus 35.0%
- From 52-week high
- minus 35.9%
Peers · Beverages - Wineries & Distilleries
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITDSPRUnited Spirits | 1,418.00 | plus 1.69% | 1,00,686 | 59.8 | 11.11 | 25.5% | 19.2% | 17.8% | 5.6% | 17.4% | 1.22% | minus 3.9% |
| RADICORadico Khaitan | 4,515.20 | minus 0.22% | 60,499 | 75.9 | 16.49 | 24.0% | 24.0% | 19.4% | 24.6% | 40.0% | 0.20% | plus 41.4% |
| ABDLAllied Blenders and Distillers | 708.00 | plus 1.28% | 19,803 | 86.8 | 12.05 | 24.6% | 13.3% | 13.5% | 7.4% | 422.4% | 0.77% | plus 4.0% |
| TITilaknagar Industries | 485.50 | minus 0.32% | 12,035 | – | 3.98 | – | −2.7% | 15.7% | – | – | 0.21% | minus 3.4% |
| PICCADILPiccadily Agro Industries | 582.30 | minus 1.20% | 5,740 | 40.6 | 6.25 | 20.0% | 17.4% | 13.4% | 19.5% | 83.3% | 0.17% | minus 14.5% |
| IGLSPIRITSIGL Spirits | 852.28 | minus 4.25% | 5,713 | 95.9 | – | – | – | 0.0% | – | – | 0.00% | minus 3.4% |
| GLOBUSSPRGlobus Spirits | 693.25 | minus 0.93% | 2,181 | 22.0 | 1.62 | 12.4% | 7.9% | 10.0% | 8.7% | −9.1% | 0.93% | minus 38.4% |
| JAGAJITINDJagatjit Industries | 124.95 | minus 0.40% | 585 | 53.2 | 9.27 | 10.5% | 16.9% | −12.5% | −30.2% | 11.5% | 0.00% | minus 35.0% |
| Median of 7 peers | – | −0.32% | 12,035 | 67.9 | 8.68 | 24.0% | 15.4% | 13.5% | 8.7% | 40.0% | 0.21% | −3.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 90.3 | 64.6 | 23 | 75.7 | 160 | |
| 96.6 | 79 | 39.9 | 85.5 | 160 | |
| −6.3 | −14.4 | −17 | −9.8 | 0.6 | |
| −7.0% | −22.2% | −73.8% | −13.0% | 0.4% | |
| 5.7 | 3.9 | 97.8 | 4.6 | 3.7 | |
| 6.8 | 12.4 | 10.9 | 6.2 | 7.3 | |
| 2.5 | 5.1 | 5.5 | 5.2 | 5.2 | |
| −9.9 | −27.9 | 64.4 | −16.7 | −8.3 | |
| −9.9 | −27.9 | 64.4 | −16.7 | −8.3 | |
| -2.12 | -5.97 | 13.63 | -3.57 | -1.77 |
Profit & loss
- Sales CAGR 3Y
- −30.2%
- Profit CAGR 3Y
- +11.5%
- EPS CAGR 3Y
- +12.2%
- ROE
- 16.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 786 | 582 | 512 | 267 | |
| – | minus 25.9% | minus 12.0% | minus 47.9% | |
| 753 | 554 | 508 | 304 | |
| 32.2 | 28.7 | 4.8 | −37.4 | |
| 4.1% | 4.9% | 0.9% | −14.0% | |
| 19.8 | 15.5 | 12.3 | 5.7 | |
| 28.3 | 25.3 | 27.2 | 34.4 | |
| 10 | 9.8 | 9.3 | 18.2 | |
| −6.9 | −1.4 | −3.8 | 94.4 | |
| 6.7 | 7.8 | −23.2 | 10 | |
| – | – | – | 0.1% | |
| 7.1 | 7.6 | −23.5 | 9.9 | |
| – | +6.3% | minus 409.0% | – | |
| 1.50 | 1.61 | -5.01 | 2.12 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 46.3 | 46.7 | 46.8 | 46.8 | |
| 18.9 | 29.5 | 7 | 16.3 | |
| 223 | 271 | 404 | 363 | |
| 215 | 268 | 264 | 293 | |
| 502 | 615 | 721 | 719 | |
| 364 | 410 | 550 | 547 | |
| 0.7 | 48.6 | 191 | 2.7 | |
| 9.5 | 9.7 | 8.5 | 6.1 | |
| 15.5 | 28.8 | 1.6 | 1.8 | |
| 113 | 118 | −29.8 | 162 | |
| 502 | 615 | 721 | 719 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.3 | 30.4 | −5.4 | −75 | |
| 20.1 | −64.9 | −99.7 | 149 | |
| −23.5 | 24.3 | 105 | −73.5 | |
| 8.9 | −10.2 | −0.4 | 1 | |
| −3.8 | −55.4 | −150 | −116 | |
| 8.5 | −25 | −155 | −191 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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