JTL Industries Ltd
JTL Infra Ltd is an integrated manufacturer and supplier of steel tubes, pipes and allied products with manufacturing facilities in India.[1]
- Market Cap ₹ 1,935 Cr.
- Current Price ₹ 295
- High / Low ₹ 373 / 165
- Stock P/E 28.3
- Book Value ₹ 31.4
- Dividend Yield 0.00 %
- ROCE 39.2 %
- ROE 42.9 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 109% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.8%
- Debtor days have improved from 65.4 to 36.0 days.
- Company's median sales growth is 19.0% of last 10 years
- Company's working capital requirements have reduced from 108 days to 66.4 days
Cons
- Stock is trading at 9.40 times its book value
- Promoter holding has decreased over last quarter: -6.20%
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
94 | 88 | 86 | 97 | 119 | 95 | 113 | 170 | 322 | 230 | 435 | 975 | 1,138 | |
92 | 86 | 84 | 94 | 117 | 93 | 110 | 155 | 298 | 213 | 403 | 903 | 1,042 | |
Operating Profit | 1 | 2 | 2 | 3 | 2 | 2 | 2 | 15 | 24 | 16 | 33 | 73 | 97 |
OPM % | 2% | 2% | 2% | 3% | 2% | 2% | 2% | 9% | 7% | 7% | 8% | 7% | 8% |
1 | 1 | 1 | -0 | 1 | 1 | 1 | 0 | 1 | 3 | 5 | 4 | 4 | |
Interest | 1 | 2 | 1 | 2 | 2 | 1 | 1 | 2 | 3 | 4 | 9 | 6 | 7 |
Depreciation | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 3 |
Profit before tax | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 13 | 21 | 14 | 27 | 68 | 92 |
Tax % | 27% | 35% | 34% | 35% | 33% | 23% | 36% | 37% | 30% | 26% | 26% | 26% | |
Net Profit | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 8 | 14 | 10 | 20 | 50 | 68 |
EPS in Rs | 0.08 | 0.04 | 0.12 | 0.11 | 0.17 | 0.24 | 0.28 | 1.61 | 2.90 | 1.90 | 3.78 | 8.45 | 10.70 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 27% |
5 Years: | 54% |
3 Years: | 45% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | 56% |
5 Years: | 109% |
3 Years: | 51% |
TTM: | 52% |
Stock Price CAGR | |
---|---|
10 Years: | 37% |
5 Years: | 56% |
3 Years: | 173% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 29% |
5 Years: | 36% |
3 Years: | 34% |
Last Year: | 43% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 12 | 13 | |
Reserves | 4 | 4 | 5 | 5 | 3 | 4 | 6 | 14 | 28 | 51 | 71 | 140 | 193 |
17 | 12 | 20 | 17 | 15 | 6 | 11 | 21 | 35 | 58 | 63 | 81 | 108 | |
7 | 7 | 10 | 19 | 8 | 11 | 22 | 27 | 35 | 22 | 65 | 43 | 31 | |
Total Liabilities | 39 | 33 | 44 | 52 | 36 | 31 | 48 | 72 | 108 | 141 | 209 | 276 | 345 |
5 | 6 | 5 | 5 | 3 | 3 | 4 | 6 | 19 | 24 | 28 | 42 | 49 | |
CWIP | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 3 | 15 |
Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 1 |
33 | 27 | 38 | 47 | 33 | 27 | 44 | 64 | 88 | 117 | 181 | 218 | 281 | |
Total Assets | 39 | 33 | 44 | 52 | 36 | 31 | 48 | 72 | 108 | 141 | 209 | 276 | 345 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-9 | 2 | -2 | 2 | 4 | 10 | -4 | -5 | -5 | -20 | -5 | 10 | |
-1 | -0 | -0 | -0 | -1 | 1 | -1 | -4 | -13 | -6 | -8 | -30 | |
-1 | -0 | 0 | 0 | -4 | -10 | 4 | 9 | 18 | 27 | 12 | 20 | |
Net Cash Flow | -10 | 2 | -2 | 2 | -2 | 1 | -1 | 0 | 0 | 0 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 69 | 58 | 77 | 72 | 48 | 28 | 54 | 68 | 63 | 81 | 80 | 36 |
Inventory Days | 30 | 27 | 49 | 59 | 27 | 42 | 56 | 47 | 28 | 75 | 49 | 38 |
Days Payable | 12 | 10 | 25 | 12 | 10 | 27 | 35 | 50 | 8 | 20 | 31 | 8 |
Cash Conversion Cycle | 88 | 76 | 101 | 119 | 65 | 43 | 75 | 65 | 84 | 136 | 98 | 66 |
Working Capital Days | 112 | 80 | 127 | 106 | 77 | 67 | 101 | 83 | 68 | 150 | 108 | 66 |
ROCE % | 5% | 5% | 8% | 8% | 9% | 6% | 13% | 40% | 40% | 18% | 27% | 39% |
Documents
Announcements
- Closure of Trading Window 25 Mar
- Announcement under Regulation 30 (LODR)-Allotment 3 Mar
- OUTCOME OF EGM, SCRUTINIZER''s REPORT AND PROCEEDINGS OF EGM. 17 Feb
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Announcement under Regulation 30 (LODR)-Investor Presentation
9 Feb - EARNINGS PRESENTATION ON UNAUDITED FINANCIAL RESULTS FOR QUARTER /NINE MONTHS ENDED 31ST DECEMBER, 2022.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Feb - Newspaper Advertisement in respect of Notice of hearing before the National Company Law Tribunal , Chandigarh Bench At Chandigarh, of Scheme of Arrangement for Amalgamation …
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Product Portfolio
The company's product offerings include Electric Resistance Welding (ERW) pipes, galvanized pipes, solar structures, scaffolding pipes, road crash barriers and other value-added products. [1]
The Co’s trusted industry brand ‘JAGAN’ with credibility of three decades. [2]