Synopsis:
Textile shares surged 5% after a 2:1 bonus issue approval. Despite an 8.3% revenue decline, net profit jumped 171%, reflecting improved financial. The company provides end-to-end fabric solutions, managing yarn processing, dyeing, and fabric supply efficiently for consistent value.
The shares of the fabric manufacturing company hit 5 percent upper circuit in today’s trading session after the company’s board of directors considered and approved a bonus issue in the ratio of 2:1.
With a market capitalization of Rs 39.46 crore, the shares of Jakharia Fabric Ltd were trading at Rs 97.10 per share, increasing around 4.97 percent as compared to the previous closing price of Rs 92.50 apiece.
The shares of Jakharia Fabric Ltd have seen positive movement after the board of directors considered and approved a bonus issue in the ratio of 2:1, i.e., 2 new fully paid-up Equity Shares for every 1 existing fully paid-up Equity Shares of Rs. 10 each held by the shareholders of the Company as on the record date to be fixed by the Board.
The company reported an 8.3% revenue decline from Rs 33.51 crore in H1FY25 to Rs 30.71 crore in H2FY26. However, net profit surged 171% to Rs 2.39 crore, reflecting stronger margins and improved efficiency, highlighting a positive shift toward profitability despite lower topline growth.
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The company offers a complete textile solution through yarn processing, fabric supply, and fabric processing. With a strong focus on quality and customer satisfaction, it ensures efficient production and reliable delivery. By managing every stage of the textile value chain, it builds trust, supports client needs, and delivers consistent value in a competitive market.
Jakharia Fabric Limited is an India-based textile company. The Company is engaged in the business of dyeing and processing fabrics on a job-work basis for other textile companies as well as for its own manufacturing product lines. It offers a range of fabrics, which includes cotton, polyester, viscose, and man-made and blended fabrics.
The Company operates two processing units located at the MIDC area of Saravali, Bhiwandi in Maharashtra, and the MIDC Area of Tarapur, Bhiwandi in Maharashtra. The plant has the facilities for dyeing and processing a range of fabrics.
Written by Abhishek Singh
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