507155

Jagatjit Inds. financials

Market cap
₹700 Cr
Sector
Fast Moving Consumer Goods

What Jagatjit Inds. does

Jagatjit Industries manufactures and markets alcoholic beverages under 11+ brands spanning Indian Made Foreign Liquor (IMFL), country liquor, and malt spirits, and also distills extra neutral alcohol (ENA). It runs manufacturing units in Punjab (Hamira/Jagatjit Nagar) and Rajasthan (Behror), selling through a mix of company-owned operations and franchise partners across 11+ Indian states and exporting to 15 overseas markets. In July 2025 it commissioned a 200 KLPD grain-based ethanol plant to diversify into ethanol production, and it separately earns rental income by leasing out non-core real estate assets.

Segments

  • IMFL (Indian Made Foreign Liquor)
  • Country Liquor
  • Ethanol
  • Distillery
  • Malt Foods & Malt Extract
  • Others
Manufacturing units
Units across Punjab (Hamira/Jagatjit Nagar - IMFL, Country Liquor, Malt Extract, Distillery, Ethanol) and Rajasthan (Behror - IMFL & CL)
Ethanol plant capacity
200 KLPD grain-based plant, commissioned July 2025
Brand portfolio
11+ brands across IMFL and Country Liquor price segments
Geographic footprint
Company-owned operations in Rajasthan, Punjab & Andaman-Nicobar Islands; franchise operations in 9 states (incl. Delhi, Assam, AP, Telangana); presence in 11+ states overall
Export markets
15 countries incl. UAE, USA, Nigeria, Kenya, Russia
IMFL volume sold
3.03 million cases (FY25) vs 3.82 million cases (FY24)
Founded 1944Headquarters New Delhi (registered office: Jagatjit Nagar, Kapurthala, Punjab) Company website

Quarterly results

Q1 FY27: revenue up 77.6%, net profit up 16.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue137 119 115 90 65 −53%23 −81%76 −34%160 +78%
EBITDA-3 -5 -6 -6 -14 −392%-17 −237%-10 −61%1 +109%
Net profit-8 -4 -7 -10 -28 −249%64 +1588%-17 −150%-8 +17%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −31.9% 1Y

₹150₹200Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹221.45 on 10 Sept 2025 → ₹150.75. High ₹238.1 (18 Sept 2025), low ₹119.55 (2 Feb 2026).

Financials, as filed

Revenue fell 20.6% a year over 3 years, FY23 to FY26. Operating margin narrowed to -18.7%.

Year endingFY23FY24FY25FY26
Revenue₹507 Cr₹557 Cr₹492 Cr₹254 Cr
Operating profit₹5 Cr₹19 Cr₹-14 Cr₹-47 Cr
Operating margin1.1%3.5%-2.8%-18.7%
Interest₹30 Cr₹26 Cr₹28 Cr₹36 Cr
Depreciation₹10 Cr₹10 Cr₹9 Cr₹18 Cr
Net profit₹9 Cr₹9 Cr₹-23 Cr₹10 Cr
Net margin1.7%1.7%-4.7%4.0%
Cash from operations₹12 Cr₹30 Cr₹-5 Cr₹-75 Cr
Free cash flow₹9 Cr₹-25 Cr₹-155 Cr₹26 Cr
ROCE14.0%11.0%1.0%11.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹46 Cr₹46 Cr₹46 Cr₹47 Cr₹47 Cr₹47 Cr
Reserves₹0 Cr₹1 Cr₹16 Cr₹29 Cr₹-31 Cr₹16 Cr
Borrowings₹216 Cr₹216 Cr₹221 Cr₹270 Cr₹409 Cr₹357 Cr
Other liabilities₹231 Cr₹229 Cr₹215 Cr₹266 Cr₹301 Cr₹296 Cr
Total liabilities₹493 Cr₹493 Cr₹498 Cr₹611 Cr₹725 Cr₹716 Cr
Fixed assets₹390 Cr₹387 Cr₹380 Cr₹378 Cr₹569 Cr₹545 Cr
Capital work in progress₹0 Cr₹0 Cr₹1 Cr₹8 Cr₹2 Cr₹1 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹4 Cr₹31 Cr
Other assets₹102 Cr₹106 Cr₹117 Cr₹226 Cr₹151 Cr₹139 Cr
Total assets₹493 Cr₹493 Cr₹498 Cr₹611 Cr₹725 Cr₹716 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 4% to 13,243.

Promoters
87.3%
DIIs
0.0%
Public
12.7%

Since Jun 2025

  • FIIs −0.03 pp
  • Public +0.03 pp
  • DIIs +0.01 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 88.0%, DIIs 0.0%, Public 11.9%.Dec '23: Promoters 88.0%, DIIs 0.0%, Public 11.9%.Mar '24: Promoters 87.5%, DIIs 0.0%, Public 12.4%.Jun '24: Promoters 87.3%, DIIs 0.0%, Public 12.7%.Sep '24: Promoters 87.3%, DIIs 0.0%, Public 12.7%.Dec '24: Promoters 87.3%, DIIs 0.0%, Public 12.7%.Mar '25: Promoters 87.3%, FIIs 0.0%, DIIs 0.0%, Public 12.6%.Jun '25: Promoters 87.3%, FIIs 0.0%, DIIs 0.0%, Public 12.6%.Sep '25: Promoters 87.3%, FIIs 0.0%, DIIs 0.0%, Public 12.6%.Dec '25: Promoters 87.3%, DIIs 0.0%, Public 12.7%.Mar '26: Promoters 87.3%, DIIs 0.0%, Public 12.7%.Jun '26: Promoters 87.3%, DIIs 0.0%, Public 12.7%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Jagatjit Inds. above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Mr. Karamjit Jaiswal 56.06%unchanged
LPJ Holdings Pvt. Ltd. 16.78%unchanged
K. S. J. Finance & Holdings Pvt. Ltd. 2.74%unchanged
S. J. Finance And Holdings Pvt. Ltd. 2.42%unchanged
Orissa Holdings Limited (OCB) 2.15%unchanged
Fast Buck Investments & Trading Pvt. Ltd. 2.11%unchanged
Hyderabad Distilleries and Wineries Pvt.Ltd. 1.37%unchanged
R. J. Shareholdings Pvt. Ltd. 1.23%unchanged
County Investments Pvt. Ltd. 0.86%unchanged
Ispace Developers Private Limited 0.55%unchanged
Palm Beach Investments Pvt. Ltd. 0.42%unchanged
Quick Return Investment Company Ltd. 0.25%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Jagatjit Inds.

Guides on how to read this kind of business and the numbers that matter.