🔍

CHEVIOT - Cheviot Company

📊 NSE: CHEVIOT 🏢 Textiles - Jute - Yarn / Products 📅 Last Updated: 12/13/2025 21:04

📢 Recent Corporate Announcements

Cheviot Q3 Net Profit Jumps 400% YoY to ₹17.20 Cr; 9M Profit Surpasses FY25 Full Year

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 14 Feb 2026, 12:47 PM

Cheviot Company reported a strong year-on-year performance for Q3 FY26, with net profit jumping nearly five-fold to ₹17.20 crore compared to ₹3.44 crore in the same quarter last year. Revenue from operations grew 28.5% YoY to ₹138.86 crore, although it saw a slight sequential decline from Q2. The bottom line was significantly bolstered by a turnaround in 'Other Income' to ₹8.30 crore, compared to a loss in the previous year's quarter. Notably, the nine-month profit of ₹60.75 crore has already exceeded the total audited profit for the entire previous financial year of ₹57.74 crore.

Net Profit for Q3 FY26 surged to ₹1,719.55 Lakhs from ₹344.09 Lakhs in Q3 FY25.
Revenue from operations increased by 28.5% YoY to ₹13,886.18 Lakhs.
Earnings Per Share (EPS) rose sharply to ₹29.43 from ₹5.84 in the corresponding quarter last year.
Nine-month (9M FY26) net profit of ₹6,074.54 Lakhs has already exceeded the FY25 full-year profit of ₹5,774.19 Lakhs.
Other income turned positive at ₹829.72 Lakhs compared to a loss of ₹625.49 Lakhs in the year-ago period.

💡 The stock is likely to react positively as the company has already surpassed its previous full-year profit in just nine months. Investors should monitor the sustainability of margins and the potential impact of the newly effective Labour Codes mentioned in the notes.

Cheviot Acquires 32,000 Shares of Hindalco; Total Holding Reaches 2.8 Lakh Shares

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 14 Jan 2026, 05:53 PM

Cheviot Company Limited has increased its investment in Hindalco Industries Limited by purchasing 32,000 shares from the secondary market on January 14, 2026. The shares were acquired at an average price of ₹954.3767 per share, bringing Cheviot's total aggregate holding to 2,80,000 shares. The company stated the move is a long-term investment based on Hindalco's strong fundamentals and leading market position. This acquisition does not involve any intention to acquire control and the total holding remains below 0.01% of Hindalco's share capital.

Purchased 32,000 equity shares of Hindalco Industries Limited at ₹954.3767 per share
Total aggregate holding in Hindalco increased to 2,80,000 equity shares
Investment value for the specific transaction on Jan 14, 2026, is approximately ₹3.05 crore
Disclosure triggered as the investment value exceeded regulatory thresholds under SEBI Regulation 30
Holding remains minimal at less than 0.01% of Hindalco's total share capital

💡 Investors should view this as routine treasury management and capital allocation into blue-chip equities. No immediate action is required as this does not impact Cheviot's core jute manufacturing operations.

Cheviot Acquires 22,000 Hindalco Shares; Total Holding Reaches 2.48 Lakh Shares

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 13 Jan 2026, 05:46 PM

Cheviot Company Limited has increased its investment in Hindalco Industries Limited (HIL) by purchasing 22,000 equity shares at an average price of ₹934.79 per share. This acquisition brings Cheviot's total aggregate holding in Hindalco to 2,48,000 shares. The company stated that these shares are purchased from the secondary market as a long-term investment due to Hindalco's strong fundamentals. While the total stake remains below 0.01% of Hindalco's capital, the transaction value triggered a mandatory regulatory disclosure.

Purchased 22,000 shares of Hindalco Industries at ₹934.7856 per share on January 13, 2026.
Total aggregate holding in Hindalco increased to 2,48,000 equity shares.
Investment is classified as a Non-Current Investment for long-term capital appreciation.
The total stake in Hindalco remains minimal at less than 0.01% of its share capital.
The acquisition was a cash consideration through the stock exchange mechanism.

💡 This is a routine treasury management activity involving the investment of surplus cash into blue-chip equities. Investors should continue to focus on Cheviot's core jute manufacturing performance rather than these minor portfolio adjustments.

Cheviot Acquires 32,000 Hindalco Shares; Total Holding Reaches 2.26 Lakh Shares

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 07 Jan 2026, 05:53 PM

Cheviot Company Limited has increased its investment in Hindalco Industries Limited by purchasing 32,000 equity shares from the secondary market on January 7, 2026. The shares were acquired at an average price of ₹937.58 per share, bringing Cheviot's total aggregate holding in Hindalco to 2,26,000 shares. This acquisition is intended as a long-term investment due to Hindalco's strong fundamentals and does not involve any intention to acquire control. Although the total stake remains below 0.01%, the transaction value triggered mandatory disclosure under SEBI regulations.

Purchased 32,000 equity shares of Hindalco Industries at ₹937.5754 per share on Jan 7, 2026
Total aggregate holding in Hindalco increased to 2,26,000 equity shares
Investment made through the secondary market for long-term capital appreciation
Target entity (Hindalco) reported standalone revenue of ₹93,309 crores and PAT of ₹6,387 crores in FY25
Transaction value exceeded the disclosure threshold specified in Regulation 30(4)(i)(c)

💡 This is a routine treasury management activity where the company is deploying surplus cash into liquid blue-chip stocks. Investors should monitor Cheviot's investment portfolio performance, but this specific transaction has no impact on its core jute business operations.

Cheviot Acquires 21,000 Shares of Hindalco; Total Holding Reaches 1.94 Lakh Shares

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 06 Jan 2026, 05:32 PM

Cheviot Company Limited has increased its stake in Hindalco Industries Limited by purchasing 21,000 equity shares through the secondary market on January 6, 2026. The shares were acquired at an average price of ₹942.83 per share as a long-term investment. Following this transaction, Cheviot's total aggregate holding in Hindalco stands at 1,94,000 equity shares. While the total holding remains below 0.01% of Hindalco's share capital, the disclosure was mandated as the investment value exceeded specific regulatory thresholds.

Purchased 21,000 equity shares of Hindalco Industries Limited at ₹942.83 per share
Total aggregate holding in Hindalco increased to 1,94,000 equity shares
Investment made for long-term purposes without any intention to acquire control
Disclosure triggered by exceeding SEBI Regulation 30(4)(i)(c) value thresholds
Target entity Hindalco reported FY25 standalone revenue of ₹93,309 crores

💡 Investors should view this as a routine deployment of surplus funds into blue-chip equity for long-term gains. No immediate action is required as this is a minor treasury-level investment.

Cheviot Submits SEBI Compliance Certificate for Quarter Ended Dec 31, 2025

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Jan 2026, 03:53 PM

Cheviot Company Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Maheshwari Datamatics Private Limited, confirms that share certificates received for dematerialization during the quarter ended December 31, 2025, have been processed. This involves the verification, mutilation, and cancellation of physical certificates in favor of electronic records. This is a standard procedural filing required by all listed companies in India to maintain depository integrity.

Compliance certificate submitted for the quarter ended December 31, 2025
Adherence to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Processed by Registrar and Share Transfer Agent, Maheshwari Datamatics Private Limited
Confirms the dematerialization and cancellation of physical share certificates

💡 This is a routine administrative filing with no impact on the company's financial performance or valuation. No action is required from investors.

Cheviot Acquires 9,000 Hindalco Shares; Total Holding Reaches 1.73 Lakh Shares

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 02 Jan 2026, 05:31 PM

Cheviot Company Limited has increased its stake in Hindalco Industries Limited by purchasing 9,000 equity shares from the secondary market on January 2, 2026. The shares were acquired at an average price of ₹925.9068 per share, bringing Cheviot's total aggregate holding in Hindalco to 1,73,000 shares. This move is categorized as a long-term investment aimed at leveraging Hindalco's strong market position and fundamentals. The company clarified that there is no intention to acquire control, and the holding remains below 0.01% of Hindalco's share capital.

Purchased 9,000 equity shares of Hindalco Industries at ₹925.9068 per share on Jan 2, 2026.
Total aggregate holding in Hindalco increased to 1,73,000 equity shares.
The investment was made through the secondary market for long-term capital appreciation.
Disclosure was triggered as the investment value exceeded thresholds specified in Regulation 30(4)(i)(c).
Hindalco reported a standalone revenue of ₹93,309 crores and a profit of ₹6,387 crores for FY25.

💡 This is a treasury management activity involving the deployment of surplus cash into blue-chip equity; no immediate action is required as it does not impact Cheviot's core operations.

Cheviot Acquires 22,000 Shares of Hindalco; Total Holding Reaches 1.64 Lakh Shares

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 01 Jan 2026, 05:23 PM

Cheviot Company Limited has increased its investment in Hindalco Industries Limited by purchasing 22,000 equity shares from the secondary market on January 1, 2026. The shares were acquired at an average price of ₹894.49 per share, bringing Cheviot's total holding in Hindalco to 1,64,000 shares. The company characterizes this as a long-term investment based on Hindalco's strong fundamentals and market position. While the holding remains below 0.01% of Hindalco's share capital, the transaction value triggered mandatory disclosure under SEBI regulations.

Purchased 22,000 shares of Hindalco Industries at ₹894.49 per share on January 1, 2026.
Total aggregate holding in Hindalco now stands at 1,64,000 equity shares.
Investment is classified as a long-term non-current investment with no intention to acquire control.
Disclosure triggered due to the investment value exceeding thresholds specified in Regulation 30(4)(i)(c).
Hindalco reported standalone revenue of ₹93,309 crores and PAT of ₹6,387 crores for FY25.

💡 Investors should view this as a routine treasury management activity where the company is deploying surplus cash into liquid blue-chip stocks. No immediate action is required as this does not impact the core operations of Cheviot's jute business.

Cheviot Acquires 23,000 Shares of Hindalco Industries for Long-Term Investment

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 31 Dec 2025, 05:42 PM

Cheviot Company Limited has purchased 23,000 equity shares of Hindalco Industries Limited (HIL) through the secondary market on December 31, 2025. The acquisition was made at an average price of ₹887.4263 per share, bringing Cheviot's total holding in HIL to 1,42,000 shares. Although the total stake remains below 0.01% of Hindalco's share capital, the transaction was disclosed as it exceeded SEBI's materiality thresholds. The company stated the move is a long-term investment based on Hindalco's strong fundamentals.

Purchased 23,000 shares of Hindalco Industries at ₹887.4263 per share on Dec 31, 2025
Total aggregate holding in Hindalco increased to 1,42,000 equity shares
Investment is for long-term purposes with no intention to acquire control
Target entity Hindalco reported FY25 standalone revenue of ₹93,309 crores and PAT of ₹6,387 crores
Disclosure triggered by SEBI Regulation 30(4)(i)(c) regarding materiality thresholds

💡 This is a routine treasury management activity and does not impact Cheviot's core jute business operations. Investors should view this as a diversification of the company's investment portfolio rather than a strategic business shift.

Cheviot Acquires 35,000 Shares of Hindalco Industries for Long-Term Investment

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 24 Dec 2025, 04:46 PM

Cheviot Company Limited has purchased 35,000 equity shares of Hindalco Industries Limited (HIL) from the secondary market at an average price of ‡870.6375 per share. This acquisition brings Cheviot's total holding in HIL to 1,19,000 shares, representing a long-term financial investment. The disclosure was mandated by SEBI as the transaction value exceeded specific materiality thresholds, despite the total stake being less than 0.01% of HIL. Cheviot cited HIL's strong market position and fundamentals as the primary reason for this cash-based investment.

Acquired 35,000 HIL shares on December 24, 2025, at an average price of ‡870.6375 per share.
Total aggregate holding in Hindalco Industries increased to 1,19,000 equity shares.
The investment is purely for long-term gains with no intention of seeking management control.
Target entity Hindalco has a robust financial profile with FY25 standalone revenue of ‡93,309 crores.

💡 Monitor Cheviot's investment portfolio as it indicates how the company manages its treasury and surplus cash. This move reflects a conservative yet opportunistic approach to capital allocation outside its core jute manufacturing business.

Cheviot Acquires 24,000 Shares of Hindalco Industries for Long-Term Investment

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 23 Dec 2025, 05:13 PM

Cheviot Company Limited has purchased 24,000 equity shares of Hindalco Industries Limited (HIL) through the secondary market on December 23, 2025. The shares were acquired at an average price of Rs. 864.78 per share, bringing Cheviot's total holding in Hindalco to 84,000 shares. The company stated the move is a long-term investment based on Hindalco's strong fundamentals and does not involve any intention to acquire control. Although the stake is less than 0.01% of HIL, the transaction value exceeded regulatory disclosure thresholds.

Purchased 24,000 equity shares of Hindalco Industries at Rs. 864.78 per share on Dec 23, 2025
Total aggregate holding in Hindalco Industries now stands at 84,000 equity shares
Investment represents less than 0.01% of Hindalco's total share capital
Transaction was executed via cash consideration through the stock exchange mechanism
Disclosure triggered due to investment value exceeding thresholds under SEBI Regulation 30(4)(i)(c)

💡 This is a routine treasury investment into a blue-chip company and does not impact Cheviot's core operations. Investors should continue to monitor the company's core jute business performance.

Cheviot Company Limited to Close Trading Window from January 1, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 19 Dec 2025, 12:45 PM

Cheviot Company Limited has informed the exchanges that its trading window will be closed starting January 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the company's financial results announcement. The window will remain closed for designated persons and their immediate relatives until 48 hours after the declaration of the un-audited standalone financial results for the quarter and nine months ending December 31, 2025. This is a standard regulatory procedure for listed companies in India.

Trading window closure begins on January 1, 2026
Closure is for the quarter and nine months ending December 31, 2025
Window reopens 48 hours after the declaration of financial results
Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015

💡 This is a routine regulatory filing with no impact on company fundamentals; investors should await the announcement of the Q3 financial results.

Cheviot Company Acquires 60,000 Shares of Hindalco Industries for Long-Term Investment

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 18 Dec 2025, 02:30 PM

Cheviot Company Limited has disclosed the acquisition of 60,000 equity shares of Hindalco Industries Limited (HIL) through the secondary market. The shares were purchased between December 16 and December 18, 2025, at average prices ranging from ₹835.77 to ₹848.98 per share. The total investment value is approximately ₹5.06 crores, representing a stake of less than 0.01% in Hindalco. The company stated this is a long-term investment based on Hindalco's strong fundamentals and does not involve any intention to acquire control.

Acquired 60,000 equity shares of Hindalco Industries Limited (HIL) via stock exchange mechanism.
Purchases executed in three tranches: 18,000 shares at ₹835.77, 30,000 at ₹848.13, and 12,000 at ₹848.98.
Total investment outlay is approximately ₹5.06 crores funded through cash consideration.
The acquisition is classified as a non-current investment with no material impact on control.
Disclosure triggered as the investment value exceeded regulatory thresholds under SEBI Listing Regulations.

💡 This move represents a treasury management decision to deploy surplus cash into a large-cap metal major. Investors should view this as a routine investment activity rather than a strategic shift in Cheviot's core business.

View All CHEVIOT Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The company operates in a single segment, Jute Goods, which generated revenue of INR 267.93 Cr in H1 FY26, representing a 35.6% YoY growth compared to INR 197.56 Cr in H1 FY25. For the full year FY25, revenue was INR 439.43 Cr.

Geographic Revenue Split

Not disclosed in available documents, though the company serves both domestic and export markets.

Profitability Margins

Net Profit Margin for H1 FY26 was 16.25% (INR 43.55 Cr profit on INR 267.93 Cr revenue), a slight decline from 22.78% in H1 FY25. Operating margin for 9M FY25 was 10.64%.

EBITDA Margin

Operating margin stood at 10.64% for 9M FY25, compared to a target upward factor of 12-13%. EBITDA margin for H1 FY25 was estimated at 11.2%.

Capital Expenditure

Historical PPE purchase for FY25 was INR 17.20 Cr. For H1 FY26, the company spent INR 8.54 Cr on property, plant, and equipment and other intangible assets.

Credit Rating & Borrowing

The company maintains a strong financial risk profile with a gearing ratio of 0.01 times and total outside liabilities to networth of 0.08 times as of FY23. Borrowings were minimal at INR 5.03 Cr as of March 31, 2025.

⚙️ Operational Drivers

Raw Materials

Raw Jute is the primary raw material. Employee costs are also a significant driver, having increased with effect from February 2024.

Capacity Expansion

A new weaving unit was commissioned in fiscal 2023. Capacity utilization of this unit has been lower than expected due to muted export demand amidst global challenges.

Raw Material Costs

Not disclosed as a specific percentage of revenue, but the company focuses on containing the impact of rising employee costs through improved capacity utilization.

Manufacturing Efficiency

Capacity utilization of the new weaving unit is a key monitorable; lower-than-expected utilization has impacted recent performance.

📈 Strategic Growth

Growth Strategy

Growth is targeted through the ramp-up of the new weaving unit commissioned in FY23, revival in domestic and export demand, and continuous technology upgrades to improve operating efficiency.

Products & Services

Jute Goods, including bags, yarn, and specialized jute products.

Brand Portfolio

Cheviot Group.

Market Expansion

Focusing on gradual revival in both domestic and export markets to strengthen market position.

Strategic Alliances

The company has no subsidiary, associate, or joint venture as of September 30, 2025.

🌍 External Factors

Industry Trends

The jute industry is evolving with a shift toward sustainable packaging, but faces competition from cheaper synthetic substitutes and regulatory risks.

Competitive Landscape

Key competitors include other jute mills and manufacturers of synthetic substitutes.

Competitive Moat

Moat includes extensive promoter experience since 1897, a strong financial risk profile with near-zero debt (gearing 0.01x), and a diversified product profile.

Macro Economic Sensitivity

Highly sensitive to global export demand and market sentiments, which have recently remained muted.

Consumer Behavior

Shift toward eco-friendly jute products is a positive trend, though price sensitivity leads to competition from cheaper alternatives.

Geopolitical Risks

Global challenges and muted export demand are cited as primary factors for lower capacity utilization.

⚖️ Regulatory & Governance

Industry Regulations

The jute industry is subject to high regulatory risks, including government procurement policies and environmental norms.

Taxation Policy Impact

Total tax expense for H1 FY26 was INR 12.66 Cr. The company had a net deferred tax liability of INR 25.10 Cr as of March 31, 2025.

Legal Contingencies

The company reported no unspent amounts for ongoing CSR projects required to be transferred under Section 135(6) of the Companies Act.

⚠️ Risk Analysis

Key Uncertainties

Significant exposure to market-linked investments (INR 310.80 Cr, or 43.57% of assets) creates volatility in earnings due to fair value changes.

Geographic Concentration Risk

Not disclosed, but the company has a wide distribution network for its jute goods.

Technology Obsolescence Risk

Mitigated by regular capex for technology upgrades and replacement of old machinery.

Credit & Counterparty Risk

Provision for doubtful balances was INR 0.35 Cr in FY25, indicating relatively high receivable quality.

🔗 Companies in Textiles - Jute - Yarn / Products

GLOSTERLTD

Gloster Ltd

Updated: 12/13/2025 22:24

RAJVIR

Rajvir Inds.

Updated: 12/14/2025 11:34