Jasch Industries (BSE: JASCH) had a P/E of 19.2× on 6 Nov 2026, above the industry P/E of 17.0×, and the shares are 26% below their 52-week high. Sales grew 11% a year over 3 years while net profit fell 13%; its ROCE of 21% is the highest among the 7 largest Textile Manufacturing peers. Debt is 0.60× equity. It is a small-cap company with a market cap of ₹172 Cr, ranked 93rd of 246 Textile Manufacturing companies by market cap; the shares rose 38% over the past year.
- ₹252.55
- ₹263.70
- ₹252.55
- ₹252.50
- 37
Health check
- ReturnsIn line
+38.1% over a year, better than 4 of 7 peers.
- Price tagIn line
P/E 19.2 vs industry 17.0.
- GrowthSteady
Sales +11.0%, profit −12.7% a year over 3 years.
- ProfitabilityStrong
ROCE 20.6% vs peer median 10.7%.
- Balance sheetFair
Debt 0.60× equity, interest covered 12.5×, Piotroski 5 of 9.
- Red flags1 to check
Quarterly profit down 72.1% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹172 Cr
- Small cap
- P/E
- 19.2
- Industry 17.0
- Price to book
- 2.10
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 17.9%
- Peers 10.1%
- ROCE
- 20.6%
- Peers 10.7%
- Debt to equity
- 0.60
- Debt ₹49 Cr
- EPS (TTM)
- ₹13.17
- OPM (TTM)
- 7.7%
- Net margin 4.5%
- Sales growth
- +64.3%
- Latest quarter vs a year ago
- Profit growth
- −72.1%
- Latest quarter vs a year ago
- Price to sales
- 0.58
- EV/EBITDA 9.4
Strengths and risks
Strengths
- Return on capital employed of 20.6%.
- Quarterly sales up 64.3% on a year ago.
Risks to check
- Quarterly profit down 72.1% on a year ago.
About Jasch Industries
Jasch Industries Limited engages in the manufacture and sale of coated textiles and synthetic leathers in India, North America, South Africa, and Europe. It operates in two segments, Synthetic Leather & Allied Products P.V.C, and Synthetic Leather & Allied Products P.U. The company offers vinyl coated, polyurethane (PU), and semi-PU coated fabrics are used in automotive, contract upholstery, footwear, leather manufacturer, sports, technical garments,…
- Headquarters
- New Delhi
- Employees
- 228
- Sector
- Consumer Cyclical
- ISIN
- INE711C01028
- Website
- jaschindustries.com
Price range
- Avg volume (3M)
- 5.3K
- 1-year return
- plus 38.1%
- From 52-week high
- minus 26.4%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| JASCHJasch Industries | 253.05 | plus 0.22% | 172 | 19.2 | 2.10 | 20.6% | 17.9% | 1.6% | 11.0% | −12.7% | 0.00% | plus 38.1% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 41.9 | 57.2 | 78 | 75.3 | 84.8 | |
| 37.8 | 52.6 | 68.2 | 68.9 | 82.7 | |
| 4.1 | 4.7 | 9.7 | 6.3 | 2.1 | |
| 9.7% | 8.1% | 12.5% | 8.4% | 2.5% | |
| 0.1 | −0 | 0.1 | 0.1 | 0 | |
| 0.4 | 0.4 | 0.4 | 0.5 | 0.6 | |
| 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | |
| – | – | 0 | – | – | |
| 3 | 3.4 | 8.6 | 5.1 | 0.8 | |
| 25.2% | 25.2% | 25.8% | 25.2% | 25.2% | |
| 2.2 | 2.6 | 6.4 | 3.8 | 0.6 | |
| 3.25 | 3.79 | 9.38 | 5.61 | 0.86 |
Profit & loss
- Sales CAGR 3Y
- +11.0%
- Profit CAGR 3Y
- −12.7%
- EPS CAGR 3Y
- +3.5%
- ROE
- 17.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 167 | 172 | 184 | 229 | |
| – | +2.7% | +7.2% | +24.4% | |
| 160 | 156 | 170 | 206 | |
| 7.1 | 15.4 | 14.3 | 23.1 | |
| 4.2% | 9.0% | 7.8% | 10.1% | |
| −0.1 | 0.6 | 0.6 | 0 | |
| 0.7 | 1 | 1.5 | 1.6 | |
| 2.3 | 2.7 | 3 | 3.1 | |
| −0.1 | −0.3 | −0.7 | −0.5 | |
| 4 | 12 | 9.7 | 18 | |
| 25.6% | 25.2% | 23.1% | 26.3% | |
| 19.9 | 16.2 | 7.5 | 13.3 | |
| – | minus 18.8% | minus 53.8% | +77.1% | |
| 17.60 | 14.29 | 11.01 | 19.50 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.8 | 6.8 | 6.8 | 6.8 | |
| 40.5 | 49.7 | 56.8 | 70.1 | |
| 8.4 | 12.8 | 22.4 | 42 | |
| 22.1 | 16.3 | 23.5 | 43.7 | |
| 77.7 | 85.6 | 110 | 163 | |
| 26.8 | 31.5 | 45 | 61.9 | |
| 0.5 | 2.6 | 5.6 | 23.4 | |
| 0 | – | 1.6 | 1.7 | |
| 0.6 | 3 | 0.1 | 0 | |
| 49.8 | 48.4 | 57.2 | 75.6 | |
| 77.7 | 85.6 | 110 | 163 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −23 | 4.1 | 8 | 3 | |
| 15.7 | −4.4 | −18.8 | −20 | |
| 7.5 | 3.4 | 7.8 | 17 | |
| 0.3 | 3.1 | −3 | −0.1 | |
| −28.7 | −5.3 | −18.9 | −20.2 | |
| −51.6 | −1.2 | −10.9 | −17.2 |
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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