JTL DEFENCE LIMITED · CashKonnect

About

JTL Defence Limited manufactures and sells various metal products in India, the Middle East, Africa, Russia, and internationally. The company offers aluminium products, including aluminium foil stock, household, pharmaceutical, and container foils, as well as high content aluminium electric conduction; brass; and bronze products, such as aluminium bronze and phosphor bronze grades. It also provides copper products comprising electrolytic tough pitch, deoxidised highly reduced phosphorous, and tin bearing; copper copper foils, copper sheets, and copper wires; nickel silver and cupro nickel, nickel silver 104, nickel silver 106; tin solder; and stainless steel products, such as stainless steel 304, stainless steel 310, and stainless steel 316. The company exports its products. It serves automotive, infrastructure, solar, radiator and heat exchanger, heating, ventilation, air conditioning, refrigeration, lock keys, defence, light manufacture, power generation, electrical, packaging for eatables, zippers, buttons and hose coupling, transformer strips, mint, infrastructure, lock keys, power generation, telecommunications, cable, railways, defence, and consumer products industries. The company was formerly known as RCI Industries & Technologies Limited and changed its name to JTL Defence Limited in February 2026. JTL Defence Limited was incorporated in 1992 and is headquartered in New Delhi, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	21.24	15.24	0.47	3.58	0.00	0.15	0.47	0.23	0.13	0.24	0.49	0.70	0.86
Expenses	18.78	11.55	-0.73	2.47	1.80	0.84	0.53	0.41	0.38	0.66	1.33	1.01	1.54
Operating Profit	2.46	3.69	1.20	1.11	-1.80	-0.69	-0.06	-0.18	-0.25	-0.42	-0.84	-0.31	-0.68
OPM %	11.58	24.21	255.32	31.01	—	-460.00	-12.77	-78.26	-192.31	-175.00	-171.43	-44.29	-79.07
Other Income	0.00	0.00	0.06	1.67	0.01	0.01	0.00	0.16	0.04	0.17	0.42	0.01	0.22
Depreciation	3.98	1.30	1.17	1.19	1.15	1.35	1.35	1.35	1.35	2.08	2.09	2.09	2.09
Interest	0.91	0.99	0.09	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	-2.43	1.40	0.00	1.59	-2.94	-2.03	-1.41	-1.37	-1.56	-2.33	-2.51	-2.39	-2.55
Tax %	10.29	-20.71	—	1.89	1.02	0.99	1.42	1.46	1.28	-6.01	-5.58	-5.86	-5.49
Net Profit	-2.67	1.70	-0.03	1.56	-2.97	-2.05	-1.43	-1.39	-1.58	-2.19	-2.37	-2.24	-2.41
EPS in Rs	-2.54	1.62	-0.03	1.00	-1.89	-1.31	-0.91	-0.89	-1.01	-1.40	-1.51	-1.43	-1.54

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	19.29	0.98	2.30	23.02	59.68	68.80	388.83	1,636.67	1,616.25	1,383.84	1,147.89	838.33
Expenses	15.07	2.14	4.56	29.95	120.36	147.33	482.85	1,580.39	1,574.24	1,359.81	1,130.68	827.21
Operating Profit	4.22	-1.16	-2.26	-6.93	-60.68	-78.53	-94.02	56.28	42.01	24.03	17.21	11.12
OPM %	21.88	-118.37	-98.26	-30.10	-101.68	-114.14	-24.18	3.44	2.60	1.74	1.50	1.33
Other Income	1.73	0.20	0.82	0.11	0.23	-1.07	-20.10	5.42	4.69	1.77	0.89	0.53
Interest	1.08	0.00	0.00	1.64	0.60	0.18	15.87	24.00	19.05	12.82	12.14	7.97
Depreciation	4.81	5.41	8.36	5.77	11.28	12.47	13.23	11.19	4.99	2.41	0.78	0.63
Profit before tax	0.06	-6.37	-9.80	-14.23	-72.33	-92.25	-143.22	26.51	22.66	10.57	5.18	3.05
Tax %	-366.67	1.10	-5.92	20.80	-0.32	-1.84	-0.52	33.87	33.45	33.02	33.20	28.52
Net Profit	0.27	-6.44	-9.22	-17.19	-72.10	-90.55	-142.48	17.53	15.09	7.08	3.47	2.19
EPS in Rs	0.26	-4.11	-5.88	-10.97	-45.99	-57.76	-90.89	13.05	11.23	5.27	3.18	2.01
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.83	8.91	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	10.53	15.68	15.68	15.68	15.68	15.68	15.68	13.44	13.44	13.44	10.90	10.90
Reserves	185.68	-170.08	-163.64	-154.41	-137.22	-65.32	25.12	169.76	153.51	89.65	35.93	33.28
Borrowings	59.82	235.85	235.85	235.85	233.54	233.16	238.07	148.02	120.68	151.02	106.08	81.15
Other Liabilities	74.44	9.97	17.87	11.75	6.43	12.40	90.23	176.45	142.18	140.84	142.27	141.62
Total Liabilities	330.47	91.42	105.76	108.87	118.43	195.92	369.10	507.67	429.81	394.95	295.18	266.95
Fixed Assets	236.28	42.14	47.55	55.92	61.70	71.25	85.31	92.48	54.02	20.98	4.25	2.62
CWIP	4.40	6.27	6.27	6.27	6.27	8.42	9.47	10.34	9.75	15.98	0.00	0.00
Investments	12.47	12.47	12.47	12.47	12.47	16.52	16.52	7.29	5.12	4.72	4.77	0.20
Other Assets	77.32	30.54	39.47	34.21	37.99	99.73	257.80	397.56	360.92	353.27	286.16	264.13
Total Assets	330.47	91.42	105.76	108.87	118.43	195.92	369.10	507.67	429.81	394.95	295.18	266.95

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-15.48	-8.40	4.81	0.97	-1.16	4.08	25.55	43.51	-5.08	15.09	-5.54	-62.31
Cash from Investing Activity	-7.86	0.20	0.82	0.53	0.58	0.43	8.66	-45.51	6.39	-83.47	-6.14	18.29
Cash from Financing Activity	23.39	0.00	0.00	0.67	0.17	-4.93	-34.16	2.01	-0.38	66.39	12.81	46.98
Net Cash Flow	0.05	-8.20	5.63	2.17	-0.42	-0.42	0.06	0.01	0.93	-1.99	1.12	2.96
Free Cash Flow	-15.48	-8.40	4.81	0.97	-0.73	5.01	20.36	-5.30	-38.30	-19.92	-7.94	-64.42
CFO/OP %	-367.00	724.00	-213.00	-14.00	2.00	-6.00	-27.00	78.00	-5.00	70.00	-17.00	-553.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	383.54	4,167.70	1,842.46	187.73	66.11	232.32	158.37	46.91	44.58	51.53	55.59	69.80
Inventory Days	1,633.28	1,662.78	194.35	12.92	40.50	154.54	40.90	27.99	23.56	19.70	24.39	27.60
Days Payable	1,213.92	16,343.89	1,853.44	66.16	18.29	43.95	52.12	34.75	29.25	32.81	34.82	52.53
Cash Conversion Cycle	802.90	-10,513.41	183.37	134.49	88.33	342.90	147.15	40.14	38.89	38.42	45.16	44.87
Working Capital Days	877.21	-74,415.31	-32,926.17	-3,177.66	-1,169.43	-733.45	-71.75	19.40	18.48	9.03	23.59	28.51
ROCE %	0.68	-7.52	-10.59	-12.04	-48.54	-39.08	-29.74	16.32	15.40	11.72	12.45	11.34

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	95.00	95.00	68.29	68.29	68.29	68.29	68.29	68.29	68.29	68.29	68.29	68.29
Public	5.00	4.99	31.71	31.71	31.70	31.71	31.72	31.71	31.71	31.71	31.71	31.71
No. of Shareholders	3,442	3,543	4,287	4,287	4,326	4,217	4,243	4,303	4,378	4,483	4,483	4,483

Corporate Actions

4 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	28 Nov 2025	28 Nov 2025	—	—	Resolution Plan -Suspension
Dividend	20 Nov 2018	23 Nov 2018	—	0.50
Dividend	12 Jul 2018	13 Jul 2018	—	0.50
Dividend	07 Dec 2017	08 Dec 2017	—	0.50