JTL Industries Ltd

JTL Industries Ltd

₹ 210 1.65%
16 Apr - 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
The company's product offerings include Electric Resistance Welding (ERW) pipes, galvanized pipes, solar structures, etc. [1]

  • Market Cap 3,593 Cr.
  • Current Price 210
  • High / Low 278 / 150
  • Stock P/E 29.9
  • Book Value 27.9
  • Dividend Yield 0.05 %
  • ROCE 34.5 %
  • ROE 30.1 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Debtor days have improved from 47.5 to 33.3 days.

Cons

  • Stock is trading at 7.53 times its book value
  • Promoter holding has decreased over last quarter: -1.70%

* 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

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
204 179 263 232 416 368 366 343 473 505 502 567
188 168 244 213 389 353 334 314 420 469 465 525
Operating Profit 16 11 19 19 28 15 32 29 53 36 37 43
OPM % 8% 6% 7% 8% 7% 4% 9% 8% 11% 7% 7% 7%
3 2 0 0 1 2 -0 1 0 1 3 1
Interest 4 1 1 1 3 1 2 1 2 1 1 2
Depreciation 0 0 1 1 1 1 1 1 1 1 1 2
Profit before tax 15 11 18 17 25 16 29 28 50 34 38 40
Tax % 26% 25% 28% 25% 23% 24% 27% 26% 27% 25% 26% 25%
11 8 13 13 19 12 21 20 37 25 28 30
EPS in Rs 1.03 0.76 1.22 1.10 1.60 1.00 1.59 1.56 2.17 1.50 1.64 1.76
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 TTM
435 1,355 1,549 2,047
403 1,265 1,419 1,879
Operating Profit 33 89 129 168
OPM % 8% 7% 8% 8%
5 4 4 5
Interest 9 8 6 6
Depreciation 2 3 4 5
Profit before tax 27 82 123 162
Tax % 26% 26% 26%
20 61 90 120
EPS in Rs 1.89 5.16 5.34 7.07
Dividend Payout % 11% -0% 2%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 37%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 64%
Stock Price CAGR
10 Years: 44%
5 Years: 70%
3 Years: 60%
1 Year: 26%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 30%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11 13 17 34
Reserves 71 184 390 443
63 94 55 57
65 47 102 96
Total Liabilities 209 339 563 630
28 49 65 91
CWIP -0 3 4 6
Investments 0 12 16 19
181 275 478 515
Total Assets 209 339 563 630

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
-5 17 5
-8 -34 -21
12 17 66
Net Cash Flow -0 -0 50

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Debtor Days 80 30 33
Inventory Days 49 36 45
Days Payable 31 8 8
Cash Conversion Cycle 98 58 71
Working Capital Days 108 56 73
ROCE % 41% 35%

Shareholding Pattern

Numbers in percentages

18 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.96% 62.52% 56.02% 55.26% 54.03% 49.91% 43.71% 56.26% 56.20% 55.78% 56.00% 54.30%
0.00% 0.00% 0.00% 0.07% 0.00% 0.21% 1.21% 0.52% 0.72% 2.35% 1.62% 4.48%
0.00% 0.00% 0.00% 0.13% 0.00% 0.00% 2.27% 1.41% 0.70% 1.07% 0.83% 0.07%
34.04% 37.48% 43.98% 44.54% 45.97% 49.88% 52.82% 41.82% 42.39% 40.81% 41.55% 41.15%
No. of Shareholders 2,9724,10512,67512,97413,07114,01710,63610,87615,79625,43242,55072,461

* 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