Cheviot Company Limited (CHEVIOT)

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Cheviot Company Limited (CHEVIOT) · mywealthgrid

About

Cheviot Company Limited operates in jute and jute products, a focused segment within the Materials sector. The company has a market capitalization of ₹672.22 Crores with recent quarterly revenues ranging ₹135–₹170 Crores and operates with minimal debt (D/E 0.01). Historical quarterly dividends and 42% year-over-year revenue growth (June 2026 vs. June 2025) suggest a stable, cash-generative business in the natural-fiber products space.

Face value: ₹10

Market cap

₹677 Cr

P/E

9.9×

P/B

1.0×

Dividend yield

2.6%

ROE

7.6%

ROCE

9.9%

Debt / equity

0.01

OPM

13.8%

EPS (TTM)

₹116.7

Book value

₹1,206.6

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Profitability volatility: Q4 FY2026 (March 2026) recorded ₹9 Cr net loss on ₹141 Cr revenue; Q1 (June 2026) rebounded to ₹45 Cr profit; verify whether this reflects seasonal patterns, commodity cycles, or operational issues.
Operating margin compression risk: Margins fluctuated 10.04% (Sept 2024) to 16.61% (June 2025), currently 12.36%; verify input-cost sensitivity and pricing power in jute products.
Low capital returns: ROE of 7.62% and 1-year stock return of −2.52% suggest limited value creation; verify whether the business model faces structural constraints or sector headwinds.
Jute industry cyclicality: Verify exposure to global jute price cycles, packaging and textile demand fluctuations, and geopolitical factors affecting trade and pricing.

Generated analysis · source review pending

Growth drivers

Year-over-year revenue growth of 42%: June 2026 (₹170.55 Cr) versus June 2025 (₹119.72 Cr); verify whether this reflects volume expansion, pricing realization, or commodity cycles.
Consistent cash generation: Regular quarterly dividend distributions since 2022 indicate stable operating cash flow; verify sustainability of payout ratios and reinvestment strategy.
Jute sector demand verification: Confirm exposure to packaging industry tailwinds, sustainability preferences for natural fibers, and market-share opportunities in growing segments.

Generated analysis · source review pending

2,177 historical price candles were omitted because the exchange source has not been verified.

₹1,167.0-0.8%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 139.9×
+Dividend yield of 2.6%
+Dividend payout of 25.5% of profit
+High promoter holding of 74.9% with no pledge

Cons

−Low return on equity of 9.4% (3-yr avg)
−Profit declined 7.4% a year over the last 5 years
−Modest revenue growth of 6.7% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

66/100

Business quality: 51
Growth

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Cheviot Company LimitedCHEVIOTCHEVIOT	₹677 Cr	₹684 Cr	₹598 Cr	₹77 Cr	13.8%	₹68 Cr	9.4%	9.9%	7.6%	163
Gloster LimitedGLOSTERLTDGLOSTERLTD	₹588 Cr	₹1,486 Cr	₹1,548 Cr	₹154 Cr	10.3%	₹13 Cr	1.3%	6.4%	1.7%	210
Ludlow Jute & Specialities LtdLUDLOWJUTLUDLOWJUT	₹356 Cr	₹570 Cr	₹301 Cr	₹8 Cr	7.9%	₹-11 Cr	3%	15.9%	9.1%	169
AI Champdany Industries LtdAICHAMPAICHAMP	₹57 Cr	₹99 Cr	₹44 Cr	₹-45 Cr	-100.9%	₹-40 Cr	-89.4%	-20%	-66.5%	519
Grameva LtdGRAMEVAGRAMEVA	₹38 Cr	₹48 Cr	₹20 Cr	₹0 Cr	5.6%	₹0 Cr	3.7%	41.8%	31.1%	44

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	340	387	376	395	458	396	571	564	463	439	547
COGS	-196	-210	-188	-197	-249	223	-328	325	254	229	323
Gross profit	—	—	—	—	—	173	—	239	209	210	224
	499	560	509	538	650	120	819	173	162	157	149
	37	37	55	53	57	52	81	65	47	53	76
OPM %	10.9%	9.5%	14.6%	13.5%	12.4%	13.2%	14.1%	11.6%	10.1%	12.1%	13.8%
Depreciation	—	—	4	4	4	5	4	4	7	7	8
Interest	1	1	1	1	0	0	0	0	0	0	1
	13	23	24	23	10	46	26	11	45	29	2
Profit before tax	51	62	74	72	62	93	102	71	85	75	69
Tax	15	16	20	21	14	17	22	17	16	17	18
Tax %	28.5%	26%	26.9%	29.9%	22.2%	18.6%	22.1%	23.8%	18.3%	23.1%	25.6%
	36	46	54	50	48	76	79	54	69	58	52
PAT margin %	10.7%	11.8%	14.4%	12.7%	10.5%	19.1%	13.9%	9.7%	15%	13.1%	9.4%
EPS (₹)	—	101	122.1	87.7	74.4	—	126.8	90.5	115.3	98.1	88.5
EPS adjusted (₹)	53.9	67.4	83.7	77.6	74.4	120.8	131.8	90.5	115.3	98.7	88.4
	—	1%	0.8%	1.1%	64.5%	—	47.3%	29.8%	4.3%	5.1%	28.3%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	5	5	4	6	6	6	6	6	6	6	6
Reserves	414	418	496	605	617	676	547	567	620	645	700
Minority interest	—	0	—	—	—	—	—	—	—	—	—
	—	13	5	5	5	9	8	6	9	5	7
	33	27	39	48	49	49	45	43	46	57	57
Total equity & liabilities	451	463	545	665	676	739	606	622	681	713	770
	—	146	148	218	218	214	147	204	202	224	234
CWIP	1	1	1	14	26	32	37	5	4	8	0
Investments	187	198	265	278	256	322	232	258	321	311	354
	262	118	131	154	177	170	190	156	153	170	182
Total assets	451	463	545	665	676	739	606	622	681	713	770

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	43.7%	—	42.3%	45.1%	47.9%	40.9%
EBITDA margin %	13.5%	12.4%	13.2%	14.1%	11.6%	10.1%	12.1%	13.8%
EBIT margin %	12.4%	11.5%	12.1%	13.3%	10.8%	8.7%	10.6%	12.3%
PAT margin %	12.7%	10.5%	19.1%	13.9%	9.7%	15%	13.1%	9.4%
Working capital
Receivable days	29	27	39	32	22	24	23	23
Inventory days	86	74	134	65	113	153	196	148
Payable days	0	—	—	—	6	15	12	8
NWC days	115	—	—	—	129	162	207	163
Leverage
Current ratio	9.11	7.94	9.2	6.31	6.05	4.89	5.7	5.14
Debt to EBITDA	0.09	0.08	0.16	0.1	0.1	0.19	0.09	0.1
Debt to equity	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Interest coverage	100.4	168.2	212.4	237.8	211.2	230.5	228.6	139.9
Asset turnover	0.59	0.68	0.54	0.94	0.91	0.68	0.62	0.71
Return ratios
Return on assets %	7.5%	7.1%	10.2%	13.1%	8.8%	10.2%	8.1%	6.7%
Return on capital employed %	12.6%	9.7%	13.8%	16%	12.4%	13.9%	11.4%	9.9%
Return on equity %	8.2%	7.7%	11.1%	14.3%	9.5%	11.1%	8.9%	7.3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.83%	74.83%	74.83%	74.83%	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%
	0.27%	0.27%	0.27%	0.39%	0.39%	0.34%	0.31%	0.33%	0.29%	0.28%	0.28%	0.28%
	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.17%
	0%	0%	0%	0%	0%	0%	0%	0%	0.02%	0.02%	0.02%	0.02%
	24.75%	24.75%	24.75%	24.63%	24.58%	24.63%	24.66%	24.64%	24.66%	24.67%	24.67%	24.65%
No. of shareholders	—	—	—	—	—	—	—	—	20,910	20,077	19,545	18,729

Promoter holding up 0.05 percentage points since Sep 2023.

1 disclosure

Person	Deal	Shares	Value	Holding	Filed
Mr. Harsh Vardhan KanoriaPromoters	BuyInter-se-Transfer	4,00,000	₹47.68 cr	63.76% → 70.61%	11 Sept 20257(2)

Disclosed under SEBI’s insider-trading regulations, which require a filing only above ₹10 lakh in a quarter — smaller dealings are in no disclosure. Holdings are the filer’s own percentages, not recomputed.

10 deals · 26 Aug 2021 – 10 Sept 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
10 Sept 2025	HARSH VARDHAN KANORIA	Block	BSE	Sell	4,00,000	₹1,192.00	₹47.68 Cr
10 Sept 2025	HARSH INVESTMENTS P LIMITED	Block	BSE	Buy	4,00,000	₹1,192.00	₹47.68 Cr
10 Sept 2025	HARSH VARDHAN KANORIA	Bulk	BSE	Sell	4,00,000	₹1,192.00	₹47.68 Cr
10 Sept 2025	HARSH INVESTMENTS P LIMITED	Bulk	BSE	Buy	4,00,000	₹1,192.00	₹47.68 Cr
12 Dec 2023	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	44,274	₹1,553.97	₹6.88 Cr
12 Dec 2023	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	44,274	₹1,553.63	₹6.88 Cr
26 Aug 2021	MALATI KANORIA	Block	BSE	Sell	3,75,000	₹1,310.00	₹49.13 Cr
26 Aug 2021	HARSH INVESTMENTS PRIVATE LIMITED	Block	BSE	Buy	3,75,000	₹1,310.00	₹49.13 Cr
26 Aug 2021	MALATI KANORIA	Bulk	BSE	Sell	3,75,000	₹1,310.00	₹49.13 Cr
26 Aug 2021	HARSH INVESTMENTS PRIVATE LIMITED	Bulk	BSE	Buy	3,75,000	₹1,310.00	₹49.13 Cr

1–10 of 10

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Harsh Vardhan KanoriaExecutive Director-Chairperson related to Promoter-CEO-MD
Mr. Abhishek MurarkaExecutive Director
Mr. Utkarsh KanoriaExecutive Director
Madhup Kumar PatniChief Financial Officer
Mr. Deo Kishan MohtaNon-Executive - Independent Director
Mrs. Rashmi PrashadNon-Executive - Independent Director
Mr. Siddharth JhajhariaNon-Executive - Independent Director
Mr. Sutirtha BhattacharyaNon-Executive - Independent Director
Mrs. Malati KanoriaNon-Executive - Non Independent Director
Aditya BanerjeeCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Cheviot Company Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

19

Final dividend30 Jul 2026 · ex-date₹25
Final dividend31 Jul 2025 · ex-date₹5
Final dividend14 Jun 2024 · ex-date₹5
Final dividend4 Aug 2023 · ex-date₹27
Final dividend4 Aug 2022 · ex-date₹60
Special dividend15 Jul 2021 · ex-date₹175
Interim dividend27 Feb 2020 · ex-date₹48
Dividend dividend16 Jul 2019 · ex-date₹1
Dividend dividend2 Aug 2018 · ex-date₹1
Dividend dividend15 Jun 2017 · ex-date₹1
Interim dividend17 Mar 2016 · ex-date₹17
Dividend dividend6 Aug 2015 · ex-date₹17
Dividend dividend31 Jul 2014 · ex-date₹15
Dividend dividend18 Jul 2013 · ex-date₹15
Dividend dividend19 Jul 2012 · ex-date₹13
Dividend dividend21 Jul 2011 · ex-date₹12
Dividend dividend15 Jul 2010 · ex-date₹8
Dividend dividend16 Jul 2009 · ex-date₹6
Dividend dividend31 Jul 2008 · ex-date₹10

1

Board meeting to consider results5 Aug 2026

1

Bonus 1:229 Aug 2018 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

7 announcementsExport CSV

19 Aug 2026, 5:50 pmCompany Update

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Award of Order / Receipt of Order PDF

29 Jul 2026, 12:05 pmBoard Meeting

Board Meeting Intimation for For Approval Of Unaudited Standalone Financial Results For The Quarter Ended 30Th June 2026.

Exchange filing PDF

23 Jul 2026, 2:39 pmCompany Update

Announcement under Regulation 30 (LODR)-Credit Rating

Credit Rating PDF

15 Jul 2026, 2:19 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

13 Jul 2026, 12:41 pmAGM/EGM

Notice Calling The 128Th Annual General Meeting Of The Company On Thursday, 6Th August, 2026 At 11:00 A.M. Through VC/OAVM.

AGM PDF

13 Jul 2026, 12:36 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

11 Jul 2026, 5:40 pmCompany Update

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 PDF

Date	Category	Subject	Filing
19 Aug 2026, 5:50 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
29 Jul 2026, 12:05 pm	Board Meeting	Board Meeting Intimation for For Approval Of Unaudited Standalone Financial Results For The Quarter Ended 30Th June 2026.

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	43.7%	—	42.3%	45.1%	47.9%	40.9%
EBITDA margin %	13.5%	12.4%	13.2%	14.1%	11.6%	10.1%	12.1%	13.8%
EBIT margin %	12.4%	11.5%	12.1%	13.3%	10.8%	8.7%	10.6%	12.3%
PAT margin %	12.7%	10.5%	19.1%	13.9%	9.7%	15%	13.1%	9.4%
Working capital
Receivable days	29	27	39	32	22	24	23	23
Inventory days	86	74	134	65	113	153	196	148
Payable days	0	—	—	—	6	15	12	8
NWC days	115	—	—	—	129	162	207	163
Leverage
Current ratio	9.11	7.94	9.2	6.31	6.05	4.89	5.7	5.14
Debt to EBITDA	0.09	0.08	0.16	0.1	0.1	0.19	0.09	0.1
Debt to equity	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Interest coverage	100.4	168.2	212.4	237.8	211.2	230.5	228.6	139.9
Asset turnover	0.59	0.68	0.54	0.94	0.91	0.68	0.62	0.71
Return ratios
Return on assets %	7.5%	7.1%	10.2%	13.1%	8.8%	10.2%	8.1%	6.7%
Return on capital employed %	12.6%	9.7%	13.8%	16%	12.4%	13.9%	11.4%	9.9%
Return on equity %	8.2%	7.7%	11.1%	14.3%	9.5%	11.1%	8.9%	7.3%

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	39	20	40	35	56	55	36	26	42
	-0	-14	-3	-23	113	-22	-24	28	-47
	-39	-6	-35	-19	-164	-38	-14	-46	-1
Net cash flow	-1	-0	2	—	—	-6	-2	8	-7
Free cash flow	—	—	—	—	—	31	27	9	31
CFO / Operating profit %	70%	36.8%	70.7%	66.5%	69.5%	84%	76.6%	49.3%	55.2%

Cheviot Company Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

19

1

1

Announcements

Not in the F&O segment

No fund holdings on record

19

1

1

Announcements

Annual reports

Credit ratings

Compounded sales growth

Compounded profit growth

Return on equity

Cheviot Company Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Dividends19

Board meetings1

Bonus issues1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends19

Board meetings1

Bonus issues1

Announcements

Annual reports

Credit ratings

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

19

1

1

19

1

1