Jagatjit Industries Ltd — Important, 01-07-2026: Company Update

Jagatjit Industries has received a 'CRISIL B+/Stable' credit rating for its 47 Cr Rupee Term Loan from Indusind Bank. This rating reflects the distillery industry's regulatory risks and the company's weak financial profile, including high gearing. However, it's partially offset by the promoters' extensive industry experience and diversified business, which includes IMFL, country liquor, malted milk food, and a new ethanol segment. The company reported an operating income of 253.53 Cr and a profit after tax of 9.89 Cr in fiscal 2026. The stable outlook anticipates continued benefits from promoter experience and client relationships.