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 ₹ 2,845 Cr.
- Current Price ₹ 74.6
- High / Low ₹ 124 / 59.7
- Stock P/E 28.8
- Book Value ₹ 31.9
- Dividend Yield 0.17 %
- ROCE 13.0 %
- ROE 9.92 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Debtor days have increased from 40.4 to 53.3 days.
- Promoter holding has decreased over last 3 years: -6.35%
- Working capital days have increased from 114 days to 163 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
435 | 1,355 | 1,549 | 2,039 | 1,916 | |
403 | 1,265 | 1,419 | 1,887 | 1,793 | |
Operating Profit | 33 | 89 | 129 | 152 | 123 |
OPM % | 8% | 7% | 8% | 7% | 6% |
5 | 4 | 4 | 9 | 22 | |
Interest | 9 | 8 | 6 | 5 | 5 |
Depreciation | 2 | 3 | 4 | 6 | 9 |
Profit before tax | 27 | 82 | 123 | 150 | 132 |
Tax % | 26% | 26% | 26% | 25% | 25% |
20 | 61 | 90 | 113 | 99 | |
EPS in Rs | 0.95 | 2.58 | 2.67 | 3.29 | 2.59 |
Dividend Payout % | 11% | 0% | 2% | 4% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 12% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 17% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | 48% |
5 Years: | 70% |
3 Years: | 17% |
1 Year: | -32% |
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 | |
---|---|---|---|---|---|
Equity Capital | 11 | 13 | 17 | 35 | 39 |
Reserves | 86 | 184 | 390 | 739 | 1,179 |
63 | 94 | 107 | 20 | 76 | |
49 | 47 | 50 | 49 | 45 | |
Total Liabilities | 209 | 339 | 563 | 843 | 1,339 |
28 | 49 | 65 | 111 | 218 | |
CWIP | 0 | 3 | 4 | 6 | 66 |
Investments | 0 | 12 | 16 | 6 | 10 |
181 | 275 | 478 | 720 | 1,044 | |
Total Assets | 209 | 339 | 563 | 843 | 1,339 |
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 | 108 | 56 | 89 | 91 | 163 |
ROCE % | 40% | 32% | 23% | 13% |
Documents
Announcements
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Re-Constitution Of Committees Of Board
12 Jun - Board committees reconstituted after promoter director Mithan Lal Singla's demise on 8 June 2025.
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Announcement under Regulation 30 (LODR)-Demise
8 Jun - Demise of promoter/director Mithan Lal Singla holding 2.24% shares on 8 June 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2 Jun - JTL reports FY25 flat earnings, 13% volume growth, new DFT plant doubles capacity, enters copper/brass segment, targets 5 lakh tons sales FY26.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Newspaper publication of the audited financial results for the quarter and financial year ended 31st March 2025
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Weblink Of Post Earnings Call Held On 27.05.2025
27 May - Audio recording of Q4 and FY25 earnings call uploaded on company website.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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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
from bse
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Financial Year 2012
from bse
Concalls
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Jul 2024Transcript PPT REC
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May 2024Transcript PPT
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May 2024TranscriptNotesPPT
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Jan 2024Transcript PPT REC
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Oct 2023Transcript PPT REC
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Aug 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Apr 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Oct 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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.