Acknit Industries

Kolkata, India Founded: 1990 • Age: 36 yrs Listed
Manufacturer and exporter of industrial gloves and garments
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About Acknit Industries

Acknit Industries is a publicly listed company based in Kolkata (India) founded in 1990. Manufacturer and exporter of industrial gloves and garments. The company has 185 employees. Its chief executive, as recorded, is Rajeev Johari. Its Indian entity Acknit Industries Limited reported revenue of ₹241 Cr. Its focus areas include Industrial Goods and Manufacturing, Industrial Safety, Hardware and Personnel Safety.

Company details

Acknit Industries, founded in 1990 and based in Kolkata, India, operates as a manufacturer and exporter in the industrial protective equipment sector. A range of gloves, including cut and sewn dipped, seamless dipped, knitted, Kevlar, Canadian, welder, driver, and cut-resistant types, is produced alongside leather and industrial garments. The company, formerly known as Acknit Knitting, is led by CEO Rajeev Johari and focuses on global export operations.

  • Headquarters Kolkata, India
  • Employees 185
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ••••••••
  • Website acknitindia.com
  • Social LinkedIn
  • Legal Name Acknit Industries Limited
Operational Areas
Industrial Goods & Manufacturing → Industrial Safety Equipment
Key Metrics
  • Market Cap
    ₹99.68 Cr

    ACKNIT · BSE

  • Share Price
    ₹315.00

    -3.93% today

  • Revenue
    ₹240 Cr

    FY 2025-26 · +0.0% YoY

  • EBITDA
    ₹17.90 Cr

    Margin 7.4%

  • Net Profit
    ₹8.22 Cr

    FY 2025-26 · -8.3% YoY

  • P/E (TTM)
    11.5x

    P/B 1.1x

  • ROE
    9.0%

    ROCE 9.6%

  • Debt / Equity
    0.71

    Interest cover 28.0x

  • Employee Count
    185

Board of directors of Acknit Industries Limited (Acknit Industries)

Acknit Industries Limited is the primary company behind Acknit Industries. The board of Acknit Industries Limited currently have 9 directors; the longest-serving is Deo Kishan Saraf, appointed in 1990. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Deo Kishan Saraf
DIN 00128804
Whole-time director12 Oct 199036 yrsAcknit Industries Limited
Shri Krishan Saraf
DIN 00128999
Managing Director12 Oct 199036 yrsAcknit Industries Limited
Rashi Saraf
DIN 07152647
Director26 Sep 201610 yrs 1 moAcknit Industries Limited
Bishnu Kesan Kumar
DIN 00239205
CFO11 Nov 20206 yrsAcknit Industries Limited
Rajarshi Ghosh
DIN 05270177
Director30 Jun 20215 yrs 4 moAcknit Industries Limited
Shankar Lal Bajaj
DIN 00619282
Director25 Sep 20215 yrs 1 moAcknit Industries Limited
Abhishek Saraf
DIN 00129144
Whole-time director28 May 20224 yrs 5 moAcknit Industries Limited
Tushar Jhunjhunwala
DIN 00025078
Additional Director14 Jul 20263 moAcknit Industries Limited
Amitava Mazumdar
DIN 06441635
Additional Director14 Jul 20263 moAcknit Industries Limited

People of Acknit Industries

1 people are tracked at Acknit Industries (1 in leadership); the tracked headcount is 185.

NameRoleGroup
Rajeev Johari
CEOLeadership
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IPO & Listings of Acknit Industries

Acknit Industries is a publicly listed company on the BSE with ticker symbol ACKNIT in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date05 Sep 1995
  • Listed onBSE: 530043
  • Listed entityAcknit Industries Limited
  • Exchange sectorConsumer non-durables
  • ISININE326C01017
  • Share price₹314.25 (-1.49% on the day) · 2026-10-14
  • Market capitalisation₹97.0 Cr
  • Price to earnings11.0
  • EPS (diluted, trailing year)₹28.48
  • Dividend yield0.47%
  • Volume (last session)886

Financials of Acknit Industries

Exchange-reported figures of Acknit Industries Limited, the listed company behind Acknit Industries (BSE: ACKNIT).

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹240 Cr
+0.0% YoY
EBITDA
₹17.90 Cr
-1.4% YoY
Profit After Tax
₹8.22 Cr
-8.3% YoY
Net Worth
₹95.18 Cr
+9.0% YoY
Total Assets
₹166 Cr
+13.7% YoY
Total Debt
₹70.71 Cr
+20.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue240240221238216172170
Revenue growth+0.0%+8.9%-7.5%+10.6%+25.5%+1.1%-
EBITDA17.9018.1517.2318.4915.8213.7411.56
EBITDA margin+7.4%+7.6%+7.8%+7.8%+7.3%+8.0%+6.8%
Profit before tax10.9512.1511.4712.1410.987.925.60
Net profit8.228.968.559.077.335.854.37
Net profit margin+3.4%+3.7%+3.9%+3.8%+3.4%+3.4%+2.6%
EPS (₹)26.9229.5928.1329.6726.1119.2314.37
Balance sheet
Total assets16614613711312499.5996.16
Net worth95.1887.2978.8170.3961.7354.2248.71
Total debt70.7158.6358.5542.9962.0745.2547.28
Cash & bank0.600.190.800.790.500.581.02
Net working capital11410398.0875.8785.4964.6162.48
Cash flow
Cash from operations4.6810.06(8.53)25.41(7.63)9.0024.16
Cash from investing(12.27)(7.23)(3.92)(2.99)(6.28)(3.23)(8.41)
Cash from financing7.72(3.31)12.72(22.35)13.69(6.08)(15.90)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue62.0666.8851.5066.8055.2565.4755.2862.39
Revenue growth (YoY)+12.3%+2.2%-6.8%+7.1%-3.5%---
Other income0.020.170.020.020.120.360.020.03
Total expenses57.1560.5147.8363.1451.3159.8051.6058.06
EBITDA4.916.373.673.663.945.673.684.33
EBITDA margin+7.9%+9.5%+7.1%+5.5%+7.1%+8.7%+6.7%+6.9%
Depreciation0.920.840.800.760.770.820.810.80
Interest1.070.881.001.011.010.960.640.64
Profit before tax2.944.821.891.912.284.252.252.92
Tax0.761.200.440.510.591.100.480.84

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue62.0666.8851.5066.8055.2565.4755.2862.39
Revenue growth (YoY)+12.3%+2.2%-6.8%+7.1%-3.5%---
Other income0.020.170.020.020.120.360.020.03
Total expenses57.1560.5147.8363.1451.3159.8051.6058.06
EBITDA4.916.373.673.663.945.673.684.33
EBITDA margin+7.9%+9.5%+7.1%+5.5%+7.1%+8.7%+6.7%+6.9%
Depreciation0.920.840.800.760.770.820.810.80
Interest1.070.881.001.011.010.960.640.64
Profit before tax2.944.821.891.912.284.252.252.92
Tax0.761.200.440.510.591.100.480.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue240240221238216172170
Revenue growth+0.0%+8.9%-7.5%+10.6%+25.5%+1.1%-
Other income0.340.470.250.071.160.501.44
Total expenses223222203220200158158
Employee cost8.268.157.597.096.435.575.71
EBITDA17.9018.1517.2318.4915.8213.7411.56
EBITDA margin+7.4%+7.6%+7.8%+7.8%+7.3%+8.0%+6.8%
Depreciation3.173.313.293.323.082.902.49
Interest4.123.162.723.102.923.424.91
Profit before tax10.9512.1511.4712.1410.987.925.60
Tax2.733.152.913.113.052.081.24
Net profit8.228.968.559.077.335.854.37
Net profit margin+3.4%+3.7%+3.9%+3.8%+3.4%+3.4%+2.6%
EPS (₹)26.9229.5928.1329.6726.1119.2314.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3.043.043.043.043.043.043.04
Reserves & surplus92.1484.2575.7767.3558.6951.1845.67
Shareholders' funds (net worth)95.1887.2978.8170.3961.7354.2248.71
Secured loans68.1358.3058.5542.9955.9243.8238.54
Unsecured loans2.580.330.000.006.151.438.74
Total debt70.7158.6358.5542.9962.0745.2547.28
Total liabilities16614613711312499.5996.16
Assets
Gross block74.8959.6556.2955.5152.2843.7141.19
Net block47.4334.7834.7137.1037.0431.5331.88
Capital work in progress4.367.133.560.040.683.051.48
Investments0.000.000.000.000.010.010.01
Inventories96.0184.7570.5156.8065.3243.7250.17
Sundry debtors29.4431.4333.6928.4330.8424.0421.70
Cash & bank balances0.600.190.800.790.500.581.02
Loans & advances7.738.688.986.659.7113.1910.63
Total current assets13412511492.6710681.5383.52
Total current liabilities20.1021.8815.9016.8020.8816.9221.04
Net working capital11410398.0875.8785.4964.6162.48
Total assets16614613711312499.5996.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.060.550.290.210.440.750.89
Net cash from operating activities4.6810.06(8.53)25.41(7.63)9.0024.16
Net cash from investing activities(12.27)(7.23)(3.92)(2.99)(6.28)(3.23)(8.41)
Net cash from financing activities7.72(3.31)12.72(22.35)13.69(6.08)(15.90)
Net change in cash0.12(0.49)0.260.07(0.23)(0.31)(0.14)
Closing cash0.600.190.800.790.500.581.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+0.0%+8.9%-7.5%+10.6%+25.5%+1.1%-
EBITDA growth-1.4%+5.3%-6.8%+16.9%+15.1%+18.9%-
PBT growth-9.9%+5.9%-5.5%+10.6%+38.6%+41.4%-5.3%
Net income growth-8.3%+4.8%-5.7%+23.7%+25.3%+33.9%-
Revenue CAGR (3Y)+0.3%+3.7%+8.7%+12.0%+7.8%+2.2%+2.2%
EBITDA CAGR (3Y)-1.1%+4.7%+7.8%+17.0%+23.0%+18.9%+7.6%
Profitability & leverage
Net income margin+3.4%+3.7%+3.9%+3.8%+3.7%+3.4%+2.6%
Return on capital employed+9.6%+10.8%+11.3%+12.8%+12.5%+11.6%+10.5%
Return on net worth+9.0%+10.8%+11.5%+13.7%+13.7%+11.4%+9.3%
Debt / equity0.710.710.680.800.930.901.13
Long-term debt / equity0.070.010.000.030.080.130.17
Interest cover27.9721.2919.5120.4422.9231.5554.13
Efficiency & per share
Fixed asset turnover3.574.153.954.424.494.094.58
Inventory turnover2.663.103.473.913.963.693.68
Debtors turnover7.907.387.108.057.867.586.57
EPS (₹)26.9229.5928.1329.6726.1119.2314.37
Dividend per share (₹)1.501.501.501.501.501.501.50
Book value per share (₹)313.08287.15259.23231.56203.05178.37160.22

Web traffic of Acknit Industries

The website of Acknit Industries (acknitindia.com) receives about 2.7K visits a month.

  • Monthly visits
    2.7K

    ▲ 1.5% vs previous month

Top companies in Industrial Safety Equipment

2 companies that operate in the same segment as Acknit Industries (Industrial Safety Equipment) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hero Cycles
Bicycle manufacturing, sales, and accessory services in India.
1956Gurugram, Haryana, IndiaUSD 246.88 M2,472
Jarsh Safety
Smart safety wearables are designed and manufactured for worker protection.
2016Hyderabad, Telangana, IndiaUSD 1.07 MUSD 27.25 K
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Related news about Acknit Industries

Acknit Industries Recommends Final Dividend Of 1.50 Rupee Per Share For FY 2025-26
Reuters • 5 months ago
Acknit Industries standalone net profit rises 2.93% in the March 2025 quarter | Capital Market News - Business Standard
Business Standard • 1 year ago
Acknit Industri Standalone June 2024 Net Sales at Rs 57.23 crore, up 14.8% Y-o-Y
Moneycontrol • 2 years ago
Acknit Industries March-Quarter Net Profit Falls
Reuters • 3 years ago
India's Acknit Industries Dec-Quarter Net Profit Falls
Reuters • 3 years ago
India's Acknit Industries Ltd June-Quarter Net Profit Rises
Reuters • 4 years ago
ICRA upgrades credit ratings on Acknit Industries banking facilities
Indiainfoline • 4 years ago
Acknit Industries Reports Higher Dec-Quarter Profit
Reuters • 5 years ago
Board of Acknit Industries approves change in CFO
Business-Standard • 6 years ago
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Complete news archive for Acknit Industries

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Frequently Asked Questions about Acknit Industries

Acknit Industries was founded in 1990.

Acknit Industries is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

Rajeev Johari is the CEO of Acknit Industries, as recorded in our data.

Acknit Industries has 185 employees.

The primary company behind Acknit Industries, Acknit Industries Limited, reported revenue of ₹241 Cr for FY 2026, down 0% year on year.

Acknit Industries, founded in 1990 and based in Kolkata, India, operates as a manufacturer and exporter in the industrial protective equipment sector. A range of gloves, including cut and sewn dipped, seamless dipped, knitted, Kevlar, Canadian, welder, driver, and cut-resistant types, is produced alongside leather and industrial garments. The company, formerly known as Acknit Knitting, is led by CEO Rajeev Johari and focuses on global export operations.

Yes, Acknit Industries is publicly traded on BSE under the ticker symbol ACKNIT.

Acknit Industries operates through Acknit Industries Limited.

The legal entities of Acknit Industries currently have 9 directors, including Deo Kishan Saraf, Shri Krishan Saraf, Abhishek Saraf and others.

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