Jagatjit Industries Ltd
JAGA

Jagatjit Industries Ltd (JAGAJITIND)

₹59.053.2%

Key Stats

₹59.05
Day's Price Range
₹59.05
₹53.1
52-Week Price Range
₹86.95
1 Month Return7.01 %
3 Month Return-0.66 %
1 Year Return-6.16 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 54
70.67
EPS
Rank 56
₹0.89
BVPS
Rank 77
₹10.99
Dividend Yield
Rank 36
ROE
Rank 74
6.98%
Price To Book Ratio
Rank 48
5.72
Debt To Asset
Rank 15
0.89

Company Information

Initially setting up a distillation/rectification plant to manufacture potable and nonpotable spirits Jagatjit Industries took up production of carbon dioxide gas in 1947 and later on moved to malt and maltextract products in 1963. The existing promoter L P Jaiswal currently holds 37 in the company.JILs liquor business is worth Rs 500 crore. It has in its fold wellknown whisky brands like Aristocrat Black Velvet and Fotune Gold all of which are in the popular price range. On the other end of its liquid portfolio A glass division was added to the existing units with the amalgamation of Universal Glass with the company in Jan.80. In 198889 it launched Binnies potato chips and PET containers.Hiram Walker India set up as a joint venture with Hiram Walker UK now known as Allied and Domeco Spirits and Wine by the company in 199394 launched Teachers scotch whisky during 199495. JIL has also signed another agreement with Brown Forman Corporation US for alcoholic beverages in India.Recently the company sold its two brands Viva and Maltova to Smithkline Beecham Consumer Healthcare for Rs 86.25 cr. Since the company would continue to focus on its core area alcohol. Viva and Maltova enjoy over 8 of the market share of the health drink market which is currently estimated at around 90000 tonnes per annum.
OrganisationJagatjit Industries Ltd
HeadquartersKapurthala
IndustryAlcoholic Beverages