JTL Industries Ltd

JTL Industries Ltd

₹ 59.2 0.10%
10 Nov - close price
About

JTL Infra Ltd is an integrated manufacturer and supplier of steel tubes, pipes and allied products with manufacturing facilities in India.[1]

Key Points

Product Portfolio[1][2][3]
1. Electric Resistance Welded (ERW) Pipes & Tubes:
JTL manufactures MS black pipes and various hollow sections (square, rectangular, round) used in construction, infrastructure, scaffolding, liquid transmission, and structural applications.

  • Market Cap 2,257 Cr.
  • Current Price 59.2
  • High / Low 112 / 57.7
  • Stock P/E 28.4
  • Book Value 32.8
  • Dividend Yield 0.21 %
  • ROCE 12.9 %
  • ROE 9.80 %
  • Face Value 1.00

Pros

Cons

  • Debtor days have increased from 40.4 to 53.4 days.
  • Working capital days have increased from 101 days to 151 days

* 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
366 343 473 505 502 567 466 516 480 452 469 544 429
334 314 420 469 465 525 429 476 450 416 452 520 395
Operating Profit 32 29 53 36 37 43 37 40 30 35 18 23 35
OPM % 9% 8% 11% 7% 7% 7% 8% 8% 6% 8% 4% 4% 8%
-0 1 0 1 3 1 4 4 8 2 9 6 2
Interest 2 1 2 1 1 2 1 1 1 1 1 3 1
Depreciation 1 1 1 1 1 2 2 2 2 2 3 4 5
Profit before tax 29 28 50 34 38 40 38 41 35 34 22 22 31
Tax % 27% 26% 27% 25% 26% 25% 23% 25% 24% 26% 25% 24% 28%
21 20 37 25 28 30 30 31 26 25 17 17 22
EPS in Rs 0.80 0.78 1.09 0.75 0.82 0.88 0.86 0.89 0.69 0.65 0.44 0.43 0.56
Raw PDF
Upcoming result date: today

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
435 1,355 1,549 2,040 1,915 1,894
403 1,265 1,419 1,887 1,792 1,783
Operating Profit 33 89 129 153 123 111
OPM % 8% 7% 8% 7% 6% 6%
5 4 4 8 22 18
Interest 9 8 6 5 5 7
Depreciation 2 3 4 6 9 14
Profit before tax 27 82 123 150 132 109
Tax % 26% 26% 26% 25% 25%
20 61 90 113 99 80
EPS in Rs 0.95 2.58 2.67 3.29 2.59 2.08
Dividend Payout % 11% 0% 2% 4% 5%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 12%
TTM: -7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 17%
TTM: -32%
Stock Price CAGR
10 Years: 36%
5 Years: 59%
3 Years: -8%
1 Year: -41%
Return on Equity
10 Years: %
5 Years: %
3 Years: 16%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 11 13 17 35 39 39
Reserves 86 184 390 739 1,179 1,214
63 94 107 20 76 166
49 47 50 49 45 120
Total Liabilities 209 339 563 843 1,339 1,539
28 49 65 111 218 227
CWIP 0 3 4 6 66 120
Investments 0 12 16 6 10 8
181 275 478 720 1,044 1,184
Total Assets 209 339 563 843 1,339 1,539

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-5 17 4 -22 -246
-8 -34 -20 -96 -188
12 17 66 169 407
Net Cash Flow -0 -0 50 51 -27

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 80 30 33 34 53
Inventory Days 49 36 46 31 47
Days Payable 31 8 8 5 5
Cash Conversion Cycle 98 58 71 60 96
Working Capital Days 64 35 66 87 151
ROCE % 40% 32% 23% 13%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
43.71% 56.26% 56.20% 55.78% 56.00% 54.30% 54.24% 48.91% 48.91% 48.91% 48.91% 48.91%
1.21% 0.52% 0.72% 2.35% 1.62% 4.48% 5.82% 5.60% 5.00% 4.86% 4.44% 3.39%
2.27% 1.41% 0.70% 1.07% 0.83% 0.07% 0.30% 1.64% 2.22% 3.04% 3.36% 2.21%
52.82% 41.82% 42.39% 40.81% 41.55% 41.15% 39.65% 43.87% 43.88% 43.21% 43.28% 45.49%
No. of Shareholders 10,63610,87615,79625,43242,55072,46177,34382,67290,34185,30085,58486,034

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls