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JTL Industries Limited

JTL Industries Limited

JTLIND.NS
JTL Industries LimitedIN flagNational Stock Exchange of India
77.61
INR
-4.84
- -
30.51BMarket Cap
JTL Industries Limited
JTLIND.NS
(National Stock Exchange of India)

Recent

price

77.61

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
4.69
4.43
4.33
4.86
5.96
4.74
5.64
8.48
16.08
10.84
20.45
57.19
45.94
59.85
50.42
56.84
55.84
Revenue per Share
0.02
0.01
0.03
0.03
0.04
0.06
0.07
0.4
0.72
0.47
0.95
2.58
2.67
3.31
2.6
2.62
2.58
Basic EPS, GAAP
-0.48
0.09
-0.1
0.08
0.11
0.47
-0.28
-0.45
-0.85
-1.22
-0.55
-0.19
-0.44
-3.66
-11.15
-5.67
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.09
- -
0.05
0.13
0.07
- -
Dividend per Share
0.69
0.7
0.73
0.76
0.64
0.7
0.77
1.16
1.89
2.28
3.37
6.22
7.23
10.97
12.4
1.05
1.03
Book Value per Share
0.7
0.71
0.74
0.77
0.65
0.71
0.78
1.18
2.2
2.89
4.57
8.35
12.07
22.72
32.06
40.49
39.78
Tangible Book Value per Share
200
200
200
200
200
200
200
200
200
212
212
237
337
341
380
376
383
Basic Weighted Avg Shares
938
886
866
973
1,193
949
1,128
1,697
3,219
2,299
4,338
13,539
15,499
20,407
19,163
21,364
21,364
Sales/Revenue/Turnover
1.11
1.3
1.7
2.74
1.48
1.44
1.77
8.38
7.13
6.5
7.16
6.37
8.07
7.21
5.93
6.26
6.26
Operating Margin (%)
5
5
5
5
2
4
4
5
7
15
17
32
43
56
93
207
207
Depreciation Expense
4
2
6
5
8
12
14
80
145
101
201
611
901
1,130
988
985
989
Net Income, GAAP
27
35.7
34.75
34.13
33.52
23.48
36.55
36.72
29.58
26.1
25.77
25.84
26.5
24.76
24.91
23.76
23.76
Effective Tax Rate (%)
0.43
0.25
0.69
0.55
0.7
1.28
1.22
4.74
4.51
4.38
4.63
4.51
5.82
5.54
5.16
4.61
4.63
Profit Margin (%)
125
130
121
142
125
135
212
188
274
390
809
1,305
3,320
5,946
8,689
8,657
8,657
Working Capital
6
6
8
8
11
2
3
2
2
1
107
104
91
- -
105
300
300
LT Debt
140
142
148
154
130
142
156
235
441
612
969
1,977
4,071
7,748
12,186
15,218
15,218
Total Equity
2.4
2.55
3.12
5.09
3.77
3.73
3.57
14.64
19.8
10.51
15.72
27.67
22.29
16.61
8.12
6.62
6.62
Return on Invested Capital (%)
3.41
5.11
4.4
4.71
5.7
7.86
8.17
25.17
27.86
13.9
21.03
35.07
31.63
31.15
21.71
23.65
23.83
Return on Capital (%)
2.95
1.57
4.17
3.61
5.98
9.07
9.39
41.62
47.49
23.36
33.46
55.84
46.08
36.58
23.38
38.57
38.72
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,655
- -
2,141
LT Borrowings
- -
- -
300
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
393
- -
393
Market Capitalization
26,634
23,362
15,609

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
11,243
- -
12,554
Cash, Cash Equivalents & STI
164
- -
445
Accounts Receivable, Net
2,828
- -
4,143
Inventories
3,843
- -
2,710
Total Current Liabilities
2,694
- -
3,897
Payables & Accruals
- -
- -
- -
ST Debt
1,655
- -
2,141
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
62.75%
76.48%
24.87%
Free Cash Flow
108.28%
218.99%
-49.67%
Net Income, GAAP
91.11%
52.89%
-0.35%
Sales/Revenue/Turnover
48.28%
52.73%
11.48%
Total Cash Common Dividend
- -
- -
-47.6%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,048
5,021
5,674
4,659
20,407
2025
5,157
4,795
4,516
4,695
19,163
2026
5,439
4,293
4,705
6,927
21,364

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.85
0.82
0.89
- -
3.31
2025
0.87
0.67
0.63
0.43
2.6
2026
0.42
0.56
0.67
0.96
2.62

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.05
2025
- -
- -
- -
- -
0.13
2026
- -
- -
- -
- -
0.07
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Business
JTL Industries Limited manufactures and sells iron and steel products, specializing in electric resistance welded (ERW) pipes and tubes, including galvanized steel pipes and tubes, hollow sections, heavy structural steel, direct formed technology (DFT) structural steel pipes, solar module mounting structures, and large-diameter steel tubes and pipes; it also produces value-added products across more than 1,000 SKUs. The company, founded in 1991 and headquartered in Chandigarh, India, operates four state-of-the-art manufacturing facilities in Punjab, Maharashtra, and Chhattisgarh with a total installed capacity of approximately 585,000-600,000 metric tonnes per annum (MTPA), serving infrastructure, agriculture, water distribution, solar projects, energy, engineering, heavy vehicles, construction, power, oil and gas, and water transportation sectors domestically across India via over 800 distributors and dealers and internationally to more than 20 countries across five continents. Formerly known as JTL Infra Limited, it changed its name to JTL Industries Limited in November 2022 following a merger with Chetan Industries Limited and listing on the National Stock Exchange of India; recent developments include commissioning a new galvanized iron facility in Mangaon, Maharashtra in 2024 adding 5,000 metric tonnes per quarter, expansion at the Mandi plant to 50,000 MTPA in early 2023, phase-1 backward integration at Nabha Steels and Metals for hot-rolled coils in 2024, entry into lattice towers production with a new 1,500 tonnes per month plant in Derabassi, Punjab set for H2 FY26 operations, and completion of the acquisition of RCI Industries & Technologies Limited in November 2025 for ₹46.5 crore to enter the copper products segment and diversify into multi-material solutions.