JCT Ltd (500223)

JCT Ltd (500223)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return0.28 %
3 Month Return8.28 %
1 Year Return18.06 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 17
Rank 245
Rank 457
Dividend Yield
Rank 184
Rank 1059
Price To Book Ratio
Rank 133
Debt To Asset
Rank 107

Company Information

Incorporated in 1946 under the name Jagatjit Cotton Textile Mills and renamed JCT in 1989. The company was promoted by M M Thapar the chairman and the managing director. The company is into textiles filament yarn steel and export trade. JCTs subsidiaries are Gupta Syal Chohal Investments Poly Investments and JCT Fibres.In 198081 JCT entered into a technical collaboration with Zimmers Germany to set up a nylon6 filament yarn plant at Hoshiarpur Punjab which was commissioned in 1982. A technical agreement was also entered into with E I Dupont US to set up a PSF plant. In 1990 Sterling Steels Wires and Kidarnath Kishanchand P Ltd were amalgamated with JCT. One of the subsidiary JCT Fibres was amalgamated with JCT in Apr.94.During 1998 the company entered into a slump sale agreement with Polysindo Group of Indonesia for sale and hiveoff its losing synthetic fibre business. It also commissioned its Wire Rope plant during the year which has been well accepted in the market.In 1999 it increased the installed capacity of synthetic filament yarn polyester filament yarn chips steel wire strand wires wire rope polyester staple fiber partially oriented yarn and looms to 9000 tonnes 6000 tonnes 13500 tonnes 45000 tonnes 3000 tonnes 9000 tonnes 75000 tonnes 16500 tonnes and 1694 nos respectively. The company has replaced 120 NMM looms with 22 Airjet looms at Phargwara unit of textile division. This will definitely reduce cost of production and also enhance the quality of fabric.
OrganisationJCT Ltd