1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
JTL Industries Limited

JTL Industries Limited

76.90
INR
+0.61
(+0.80%)
3.25EPS
25.95P/E
31.29BMarket Cap
Oct 22Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
4.86
5.96
4.74
5.64
8.48
16.08
10.84
20.45
57.19
45.94
59.85
50.44
54.35
61.8
Basic EPS, GAAP
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
3.07
Free Cash Flow per Basic Share
0.08
0.11
0.47
-0.28
-0.45
-0.85
-1.22
-0.55
-0.19
-0.44
-3.66
-11.15
-5.42
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.09
- -
0.05
0.13
0.06
- -
Book Value per Share
0.77
0.65
0.71
0.78
1.18
2.2
2.89
4.57
8.35
12.07
21.88
30.99
37.82
- -
Tangible Book Value per Share
0.77
0.65
0.71
0.78
1.18
2.2
2.89
4.57
8.35
12.07
21.88
30.99
37.82
- -
Basic Weighted Avg Shares
200
200
200
200
200
200
212
212
237
337
341
380
393
374
Sales/Revenue/Turnover
973
1,193
949
1,128
1,697
3,219
2,299
4,338
13,539
15,499
20,407
19,163
21,364
23,141
Operating Margin (%)
2.74
1.48
1.44
1.77
8.38
7.13
6.5
7.16
6.37
8.07
7.21
5.93
6.29
7.08
Depreciation Expense
5
2
4
4
5
7
15
17
32
43
56
93
207
260
Net Income, GAAP
5
8
12
14
80
145
101
201
611
901
1,130
988
1,031
1,149
Effective Tax Rate (%)
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
24.64
Profit Margin (%)
0.55
0.7
1.28
1.22
4.74
4.51
4.38
4.63
4.51
5.82
5.54
5.16
4.82
4.96
Working Capital
142
125
135
212
188
274
390
809
1,305
3,320
5,946
8,651
8,657
- -
LT Debt
8
11
2
3
2
2
1
107
104
91
- -
105
300
- -
Total Equity
154
130
142
156
235
441
612
969
1,977
4,071
7,748
12,186
15,218
- -
Return on Invested Capital (%)
1.56
2.68
4.32
3.87
14.64
19.8
10.51
15.72
27.67
22.1
16.61
8.13
6.62
- -
Return on Capital (%)
4.67
5.65
7.77
8.08
24.99
26.39
12.56
18.15
29.18
23.25
17.73
9.73
6.95
- -
Return on Common Equity (%)
3.55
5.87
8.9
9.23
41.07
42.87
19.13
25.38
41.46
29.8
19.12
9.92
7.62
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,141
- -
LT Borrowings
- -
300
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
393
393
393
Market Capitalization
23,502
16,038
31,285

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
12,554
- -
Cash, Cash Equivalents & STI
- -
445
- -
Accounts Receivable, Net
- -
4,143
- -
Inventories
- -
2,710
- -
Total Current Liabilities
- -
3,897
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,141
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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
91.58%
53.81%
4.28%
Sales/Revenue/Turnover
48.28%
52.73%
11.48%
Total Cash Common Dividend
- -
- -
-47.6%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5,157
4,795
4,516
4,695
19,163
2026
5,439
4,293
4,705
6,927
21,364
2027
7,216
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.87
0.67
0.63
0.43
2.6
2026
0.42
0.56
0.67
0.96
2.62
2027
0.9
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.13
2026
- -
- -
- -
- -
0.06
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Madan Mohan Singla
Full Time Employees
906
Sector
Non-energy minerals
Industry
Steel
Address
S.C.O. 18-19 Chandigarh PU India 160002
IPO Date
Sep 26, 1995
Website
jtl.one
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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.