About
JTL Industries Limited manufactures and sells iron and steel products in India and internationally. It offers DFT Structural Steel Pipes, galvanized steel tubes and pipes, solar module mounting structures, hollow steel section, solar mounting structures, steel tubular poles, and metal crash barriers. The company sells product under JTL ULTRA, JTL HULK, JTL HARVEST, JTL AQUA, JTL GALV-COAT, JTL AGNIRODHI, JTL SOLARIUM, JTL GUARD, JTL UNIO, and JTL PETROGAS brands. It serves power, oil and gas, infrastructure, and water transportation sectors. The company was formerly known as JTL Infra Limited and changed its name to JTL Industries Limited in November 2022. JTL Industries Limited was incorporated in 1991 and is based in Chandigarh, India.
Key Metrics
as of Sep 2026Market Cap3,501 Cr
P/E30.50
Div Yield0.14 %
Book Value₹38.90
52w High₹94.00
52w Low₹40.20
Face Value₹1.00
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 | 536.00 | 500.00 | 423.00 | 371.00 | 504.00 | 466.00 | 452.00 | 480.00 | 516.00 | 466.00 | 567.00 | 502.00 | 505.00 |
| Expenses | 493.00 | 461.00 | 388.00 | 341.00 | 483.00 | 449.00 | 416.00 | 450.00 | 476.00 | 429.00 | 525.00 | 465.00 | 469.00 |
| Operating Profit | 43.00 | 39.00 | 35.00 | 29.00 | 21.00 | 17.00 | 35.00 | 30.00 | 40.00 | 37.00 | 43.00 | 37.00 | 36.00 |
| OPM % | 8.00 | 8.00 | 8.00 | 8.00 | 4.10 | 3.70 | 8.00 | 6.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 |
| Other Income | 5.00 | 2.00 | 4.00 | 3.00 | 5.00 | 9.00 | 2.00 | 8.00 | 4.00 | 3.00 | 1.00 | 3.00 | 1.00 |
| Depreciation | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Interest | 5.00 | 3.00 | 3.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 |
| Profit before tax | 39.00 | 34.00 | 32.00 | 27.00 | 21.00 | 22.00 | 34.00 | 35.00 | 41.00 | 38.00 | 40.00 | 38.00 | 34.00 |
| Tax % | 25.00 | 24.00 | 20.00 | 27.00 | 24.00 | 25.00 | 26.00 | 24.00 | 25.00 | 23.00 | 25.00 | 26.00 | 25.00 |
| Net Profit | 29.00 | 26.00 | 26.00 | 20.00 | 16.00 | 17.00 | 25.00 | 26.00 | 31.00 | 29.00 | 30.00 | 28.00 | 25.00 |
| EPS in Rs | 0.77 | 0.68 | 0.68 | 0.52 | 0.42 | 0.44 | 0.65 | 0.69 | 0.89 | 0.85 | 0.88 | 0.82 | 0.75 |
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 | 1,798.00 | 1,911.00 | 2,039.00 | 1,547.00 | 1,355.00 | 435.00 | 230.00 | 322.00 | 170.00 | 113.00 | 95.00 | 119.00 |
| Expenses | 1,674.00 | 1,789.00 | 1,887.00 | 1,418.00 | 1,265.00 | 403.00 | 213.00 | 298.00 | 155.00 | 110.00 | 93.00 | 117.00 |
| Operating Profit | 125.00 | 123.00 | 152.00 | 129.00 | 89.00 | 33.00 | 16.00 | 24.00 | 15.00 | 2.00 | 2.00 | 2.00 |
| OPM % | 7.00 | 6.00 | 7.00 | 8.00 | 7.00 | 8.00 | 7.00 | 7.00 | 9.00 | 2.10 | 1.90 | 1.60 |
| Other Income | 14.00 | 23.00 | 8.00 | 4.00 | 4.00 | 5.00 | 3.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 |
| Interest | 9.00 | 4.00 | 5.00 | 6.00 | 8.00 | 9.00 | 4.00 | 3.00 | 2.00 | 1.00 | 1.00 | 2.00 |
| Depreciation | 14.00 | 9.00 | 6.00 | 4.00 | 3.00 | 2.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 115.00 | 132.00 | 150.00 | 123.00 | 82.00 | 27.00 | 14.00 | 21.00 | 13.00 | 2.00 | 2.00 | 1.00 |
| Tax % | 24.00 | 25.00 | 25.00 | 26.00 | 26.00 | 26.00 | 26.00 | 30.00 | 37.00 | 36.00 | 23.00 | 33.00 |
| Net Profit | 88.00 | 99.00 | 113.00 | 90.00 | 61.00 | 20.00 | 10.00 | 14.00 | 8.00 | 1.00 | 1.00 | 1.00 |
| EPS in Rs | 2.30 | 2.59 | 3.28 | 2.67 | 2.58 | 0.95 | 0.48 | 0.72 | 0.40 | 0.07 | 0.06 | 0.04 |
| Dividend Payout % | 6.00 | 5.00 | 4.00 | 2.00 | 0.00 | 11.00 | 0.00 | 0.00 | 0.00 | 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 | 39.00 | 39.00 | 35.00 | 17.00 | 13.00 | 11.00 | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 1,261.00 | 1,179.00 | 739.00 | 390.00 | 184.00 | 86.00 | 51.00 | 34.00 | 14.00 | 6.00 | 4.00 | 3.00 |
| Borrowings | 203.00 | 53.00 | 20.00 | 105.00 | 94.00 | 63.00 | 58.00 | 35.00 | 21.00 | 11.00 | 6.00 | 15.00 |
| Other Liabilities | 56.00 | 43.00 | 49.00 | 49.00 | 47.00 | 49.00 | 22.00 | 29.00 | 27.00 | 22.00 | 11.00 | 8.00 |
| Total Liabilities | 1,560.00 | 1,315.00 | 843.00 | 562.00 | 339.00 | 209.00 | 141.00 | 108.00 | 72.00 | 48.00 | 31.00 | 36.00 |
| Fixed Assets | 221.00 | 189.00 | 106.00 | 65.00 | 49.00 | 28.00 | 24.00 | 19.00 | 6.00 | 4.00 | 3.00 | 3.00 |
| CWIP | 154.00 | 63.00 | 6.00 | 4.00 | 3.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Investments | 62.00 | 11.00 | 6.00 | 16.00 | 12.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,122.00 | 1,052.00 | 725.00 | 476.00 | 275.00 | 181.00 | 117.00 | 88.00 | 64.00 | 44.00 | 27.00 | 33.00 |
| Total Assets | 1,560.00 | 1,315.00 | 843.00 | 562.00 | 339.00 | 209.00 | 141.00 | 108.00 | 72.00 | 48.00 | 31.00 | 36.00 |
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 | -10.00 | -215.00 | -24.00 | 7.00 | 17.00 | -5.00 | -20.00 | -5.00 | -5.00 | -4.00 | 10.00 | 4.00 |
| Cash from Investing Activity | -156.00 | -210.00 | -90.00 | -23.00 | -34.00 | -8.00 | -6.00 | -13.00 | -4.00 | -1.00 | 1.00 | -1.00 |
| Cash from Financing Activity | 133.00 | 384.00 | 171.00 | 66.00 | 17.00 | 12.00 | 27.00 | 18.00 | 9.00 | 4.00 | -10.00 | -4.00 |
| Net Cash Flow | -32.00 | -41.00 | 57.00 | 50.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 1.00 | -2.00 |
| Free Cash Flow | -131.00 | -364.00 | -121.00 | -11.00 | -5.00 | -11.00 | -26.00 | -17.00 | -9.00 | -6.00 | 9.00 | 2.00 |
| CFO/OP % | 6.00 | -147.00 | 12.00 | 26.00 | 49.00 | -6.00 | -95.00 | -3.00 | -22.00 | -152.00 | 583.00 | 199.00 |
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 | 57.00 | 53.00 | 34.00 | 33.00 | 30.00 | 80.00 | 81.00 | 63.00 | 68.00 | 54.00 | 28.00 | 48.00 |
| Inventory Days | 49.00 | 43.00 | 31.00 | 46.00 | 36.00 | 49.00 | 75.00 | 28.00 | 47.00 | 56.00 | 42.00 | 27.00 |
| Days Payable | 6.00 | 5.00 | 5.00 | 8.00 | 8.00 | 31.00 | 20.00 | 8.00 | 50.00 | 35.00 | 27.00 | 10.00 |
| Cash Conversion Cycle | 100.00 | 91.00 | 60.00 | 71.00 | 58.00 | 98.00 | 136.00 | 84.00 | 65.00 | 75.00 | 43.00 | 65.00 |
| Working Capital Days | 149.00 | 147.00 | 87.00 | 66.00 | 35.00 | 64.00 | 57.00 | 29.00 | 37.00 | 66.00 | 45.00 | 36.00 |
| ROCE % | 9.00 | 13.00 | 23.00 | 32.00 | 40.00 | 26.00 | 18.00 | 38.00 | 40.00 | 13.00 | 6.00 | 9.00 |
Corporate Actions
8 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Sep 2025 | 12 Sep 2025 | — | 0.13 | |
| Dividend | 12 Sep 2025 | 12 Sep 2025 | — | 0.13 | |
| Split | 14 Nov 2024 | 15 Nov 2024 | 2:1 | — | |
| Dividend | 30 Aug 2024 | 30 Aug 2024 | — | 0.25 | |
| Bonus | 07 Sep 2023 | 07 Sep 2023 | 1:1 | — | |
| Dividend | 04 Aug 2023 | 04 Aug 2023 | — | 0.20 | |
| Split | 13 Oct 2021 | 16 Oct 2021 | 10:2 | — | |
| Dividend | 13 Sep 2021 | 14 Sep 2021 | — | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update16 Oct 2023 from care
-
Rating update6 Sep 2023 from care
-
Rating update30 Aug 2023 from care
-
Rating update19 Sep 2022 from infomerics
-
Rating update5 Sep 2022 from care
-
Rating update13 Dec 2021 from brickwork