Cheviot Company Limited has made a strategic move in the Indian financial market by acquiring a stake in the National Stock Exchange of India Limited (NSEIL). The company purchased 10,000 equity shares of NSEIL for ₹1.83 crore, at a price of ₹1,830 per share.

Investment Details

This acquisition represents a small but significant step for Cheviot Company, as it now holds a 0.00646% stake in NSEIL. The company views this purchase as a long-term investment, citing NSEIL's strong fundamentals and leading market position as key factors in their decision.

About the National Stock Exchange of India Limited

NSEIL, incorporated in 1992 and recognized as a stock exchange by SEBI in April 1993, has established itself as a cornerstone of India's financial markets. According to the latest available financial data:

These figures underscore NSEIL's robust financial position and its significant role in India's financial ecosystem.

Investment Rationale

Cheviot Company's decision to invest in NSEIL aligns with a strategy focused on long-term value creation. The company has emphasized that this acquisition was made without any intention to acquire control, given the minimal shareholding percentage.

It's worth noting that while the investment amount exceeds certain regulatory thresholds, necessitating disclosure under Regulation 30 of the Listing Regulations, it does not signify a material impact on Cheviot Company's overall holdings.

Market Implications

This transaction, while small in scale, reflects the continued interest of corporate entities in India's premier stock exchange. It underscores the perceived value and growth potential of NSEIL in the eyes of institutional investors.

As the Indian financial markets continue to evolve and expand, such investments by companies like Cheviot in key market infrastructure could potentially contribute to the overall stability and growth of the ecosystem.

Investors and market watchers will likely keep an eye on any future developments or similar moves by other companies, as they may indicate broader trends in corporate investment strategies within India's financial sector.

Cheviot Company Limited , a leading player in the jute goods sector, has announced its financial results for the quarter ended September 30, 2025, revealing a mixed performance marked by significant revenue growth but a substantial decline in net profit.

Revenue Growth and Profitability

The company reported a substantial increase in revenue for the quarter:

Cheviot's revenue from operations showed a remarkable year-on-year growth of 44.00%, rising to ₹14,821.00 lakhs in the quarter ended September 30, 2025, from ₹10,285.00 lakhs in the same quarter last year. This significant increase in top-line performance indicates strong demand for Cheviot's jute products.

However, despite the robust revenue growth, Cheviot Co experienced a 44.00% decline in net profit, which decreased to ₹1,484.00 lakhs from ₹2,633.00 lakhs in the corresponding quarter of the previous year. This reduction in profitability suggests that the company faced increased costs or other challenges that significantly impacted its bottom line.

Other Financial Highlights

• The company reported negative other income of ₹24.00 lakhs, primarily due to losses on fair valuation of investments measured at Fair Value through Profit and Loss (FVTPL).
• For the half-year period, net profit reached ₹4,355.00 lakhs compared to ₹4,470.00 lakhs in the corresponding period last year, showing a slight decrease.
• Basic earnings per share for the quarter stood at ₹25.40 versus ₹31.39 in the same quarter last year, reflecting the decline in profitability.

Business Segment and Structure

Cheviot Company Limited operates exclusively in the jute goods business segment. The company reported that it has no subsidiaries, associates, or joint ventures, indicating a focused business model centered on its core jute products.

Outlook and Challenges

The divergence between revenue growth and profit decline suggests that Cheviot Co may be facing significant cost pressures. Possible factors could include:

• Increased raw material costs
• Higher operational expenses
• Competitive pricing pressures in the jute goods market

While Cheviot Co faces challenges in maintaining profitability at previous levels, the substantial revenue growth provides a mixed outlook. The company's ability to continue growing its top line while addressing the factors impacting net profit will be crucial for its performance in the coming quarters.

Investors and market observers will likely keep a close eye on how Cheviot Co manages its cost structure and capitalizes on the strong demand for its products to improve overall profitability.

As the jute industry continues to evolve, Cheviot Co's performance in subsequent quarters will be important in determining its ability to balance growth with profitability in a dynamic market environment.