JTL DEFENCE LIMITED

BSE: JTLDEFENCE537254ISIN INE140B01048

Industrials
Aerospace & Defense

Share price

₹728.75-14.85 (-2.00%)

as of 28 Sep 2026

52W high: ₹924.00
52W low: ₹5.88
Off 52W high: -21.13%
1M return: +17.72%
3M return: +58.51%
6M return: —
1Y return: +11,111.54%
20D avg volume: 4,562
50 DMA: ₹635.65
200 DMA: ₹177.51

Key ratios Consolidated

Market cap: ₹767.11 Cr
Current price: ₹728.75
52W high / low: ₹924.00 / ₹5.88
Face value: ₹10.00
P/E: 1,362.53
P/B: —
EPS (TTM): ₹0.53
Book value / share: —
ROE: —
ROCE: 0.40%
Operating margin: —
Net margin: —
Debt / equity: 0.30
Net debt: ₹59.63 Cr
Interest cover: 1.06
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 547.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24
Income statement
	21.24	15.24	0.47	3.58	0.00	0.15	0.23	0.13	—	0.49	—	0.86
	0.00	0.00	0.06	1.67	0.01	0.01	0.16	0.04	—	0.42	—	0.22
	23.67	13.83	0.53	3.65	2.95	2.19	1.76	1.73	—	3.43	—	3.64
	15.74	32.23	0.65	0.00	0.00	0.00	0.00	0.01	—	0.12	—	0.14
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	—	0.00
	0.14	0.11	0.32	0.17	0.16	0.07	0.04	0.04	—	0.60	—	0.57
	0.91	0.99	0.09	0.00	0.00	0.00	0.00	0.00	—	0.00	—	0.00
	3.98	1.30	1.17	1.19	1.15	1.35	1.35	1.35	—	2.09	—	2.09
	1.47	1.89	0.98	2.29	1.64	0.76	0.37	0.32	—	0.61	—	0.48
	-2.43	1.41	0.00	1.59	-2.94	-2.03	-1.37	-1.56	—	-2.52	—	-2.56
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	—	0.00
	-2.43	1.41	0.00	1.59	-2.94	-2.03	-1.37	-1.56	—	-2.52	—	-2.56
	0.25	-0.29	0.03	0.03	0.03	0.02	0.02	0.02	—	-0.14	—	0.14
	-2.67	1.70	-0.03	1.56	-2.97	-2.05	-1.39	-1.58	—	-2.37	—	-2.70
	-2.54	1.21	-0.02	1.00	-1.89	-1.31	-0.88	-1.01	—	-1.51	—	-1.54
Key metrics
	2.46	3.70	1.26	2.78	-1.79	-0.68	-0.02	-0.21	—	-0.43	—	-0.47
	11.60%	24.30%	268.10%	77.70%	—	-453.30%	-8.70%	-161.50%	—	-87.80%	—	-54.70%
	-12.60%	11.20%	-6.40%	43.60%	—	-1,366.70%	-604.30%	-1,215.40%	—	-483.70%	—	-314.00%
	—	0.80%	—	-1.20%	—	1.50%	1.00%	—	—	—	—	—
	—	10,060.00%	—	1,456.50%	-100.00%	—	—	-84.90%	—	—	—	—
	10.10%	182.90%	—	212.20%	-88.00%	—	—	41.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	40.53	19.29	0.98	2.29	23.02	—
	1.73	1.73	0.20	0.82	0.11	—
	41.68	20.97	7.55	12.92	37.36	—
	48.62	32.88	0.09	0.57	17.60	—
	0.00	0.00	0.00	0.00	0.00	—
	0.74	0.76	0.18	1.79	3.41	—
	1.99	1.08	0.00	0.00	1.64	—
	7.64	4.81	5.41	8.36	5.77	—
	6.63	6.80	1.87	2.00	5.63	—
	0.57	0.06	-6.37	-9.80	-14.24	—
	0.00	0.00	0.00	0.00	0.00	—
	0.57	0.06	-6.37	-9.80	-14.24	—
	0.02	-0.21	0.07	-0.58	2.96	—
	0.56	0.27	-6.44	-9.22	-17.19	—
	-0.35	0.19	-4.11	-5.88	-10.97	—
Key metrics
	10.20	5.95	-0.96	-1.44	-6.83	—
	25.17%	30.80%	-98.00%	-62.90%	-29.70%	—
	1.38%	1.40%	-657.10%	-402.60%	-74.70%	—
	—	0.40%	4.80%	7.70%	10.70%	—
	—	1,868.40%	-57.20%	-90.10%	—	—
	—	104.20%	30.20%	46.40%	—	—
	—	-23.35	-8.40	4.81	1.22	—
	—	-57.33	1.30	-0.52	-0.07	—
	—	0.30	-1.53	-1.59	-1.70	—
	—	59.63	235.71	227.51	233.14	—
	—	547.0	2,819.4	1,292.6	139.5	—
Balance sheet
	—	330.47	91.41	105.76	108.87	—
	—	73.58	26.80	35.73	30.47	—
	—	0.19	0.14	8.34	2.71	—
	—	20.27	11.19	11.61	11.84	—
	—	33.65	0.41	0.41	0.74	—
	—	14.08	8.56	8.48	8.43	—
	—	236.28	42.14	47.55	55.92	—
	—	25.01	4.03	3.91	3.78	—
	—	25.76	225.38	233.35	226.65	—
	—	59.82	235.85	235.85	235.85	—
	—	0.00	217.33	217.33	217.33	—
	—	59.82	18.52	18.52	18.52	—
	—	196.21	-154.40	-147.96	-138.73	—
Cash flow
	—	-15.48	-8.40	4.81	1.22	—
	—	-7.86	0.20	0.82	0.53	—
	—	23.39	0.00	0.00	0.67	—
	—	7.87	0.00	0.00	0.00	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	21.24	15.24	0.47	3.58	0.00	0.15	0.47	—	0.13	—	0.49	—
	0.00	0.00	0.06	1.67	0.01	0.01	0.00	—	0.04	—	0.42	—
	23.67	13.83	0.53	3.65	2.95	2.19	1.88	—	1.73	—	3.43	—
	15.74	32.23	0.65	0.00	0.00	0.00	0.07	—	0.01	—	0.12	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	—	0.00	—
	0.14	0.11	0.32	0.17	0.16	0.07	0.04	—	0.04	—	0.60	—
	0.91	0.99	0.09	0.00	0.00	0.00	0.00	—	0.00	—	0.00	—
	3.98	1.30	1.17	1.19	1.15	1.35	1.35	—	1.35	—	2.09	—
	1.47	1.89	0.98	2.29	1.64	0.76	0.42	—	0.32	—	0.61	—
	-2.43	1.41	0.00	1.59	-2.94	-2.03	-1.41	—	-1.56	—	-2.52	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	—	0.00	—
	-2.43	1.41	0.00	1.59	-2.94	-2.03	-1.41	—	-1.56	—	-2.52	—
	0.25	-0.29	0.03	0.03	0.03	0.02	0.02	—	0.02	—	-0.14	—
	-2.67	1.70	-0.03	1.56	-2.97	-2.05	-1.43	—	-1.58	—	-2.37	—
	-2.54	1.21	-0.02	1.00	-1.89	-1.31	-0.91	—	-1.01	—	-1.51	—
Key metrics
	2.46	3.70	1.26	2.78	-1.79	-0.68	-0.06	—	-0.21	—	-0.43	—
	11.60%	24.30%	268.10%	77.70%	—	-453.30%	-12.80%	—	-161.50%	—	-87.80%	—
	-12.60%	11.20%	-6.40%	43.60%	—	-1,366.70%	-304.30%	—	-1,215.40%	—	-483.70%	—
	—	0.80%	—	-1.20%	—	1.50%	—	—	—	—	—	—
	—	10,060.00%	0.00%	—	-100.00%	—	-4.10%	—	—	—	—	—
	10.10%	182.90%	97.90%	—	-88.00%	—	39.70%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	40.53	19.29	0.98	2.29	23.02	—
	1.73	1.73	0.20	0.82	0.11	—
	41.68	20.97	7.55	12.92	37.36	—
	48.62	32.88	0.09	0.57	17.60	—
	0.00	0.00	0.00	0.00	0.00	—
	0.74	0.76	0.18	1.79	3.41	—
	1.99	1.08	0.00	0.00	1.64	—
	7.64	4.81	5.41	8.36	5.77	—
	6.63	6.80	1.87	2.00	5.63	—
	0.57	0.06	-6.37	-9.80	-14.24	—
	0.00	0.00	0.00	0.00	0.00	—
	0.57	0.06	-6.37	-9.80	-14.24	—
	0.02	-0.21	0.07	-0.58	2.96	—
	0.56	0.27	-6.44	-9.22	-17.19	—
	-0.35	0.19	-4.11	-5.88	-10.97	—
Key metrics
	10.20	5.95	-0.96	-1.44	-6.83	—
	25.17%	30.80%	-98.00%	-62.90%	-29.70%	—
	1.38%	1.40%	-657.10%	-402.60%	-74.70%	—
	—	0.40%	4.80%	7.70%	10.70%	—
	—	1,868.40%	-57.20%	-90.10%	—	—
	—	104.20%	30.20%	46.40%	—	—
	—	-23.35	-8.40	4.81	0.97	—
	—	-57.33	1.30	-0.52	-0.06	—
	—	0.30	-1.53	-1.59	-1.70	—
	—	59.63	235.71	227.51	233.14	—
	—	547.0	2,819.4	1,292.6	139.5	—
Balance sheet
	—	330.47	91.41	105.76	108.87	—
	—	73.58	26.80	35.73	30.47	—
	—	0.19	0.14	8.34	2.71	—
	—	20.27	11.19	11.61	11.84	—
	—	33.65	0.41	0.41	0.74	—
	—	14.08	8.56	8.48	8.43	—
	—	236.28	42.14	47.55	55.92	—
	—	25.01	4.03	3.91	3.78	—
	—	25.76	225.38	233.35	226.65	—
	—	59.82	235.85	235.85	235.85	—
	—	0.00	217.33	217.33	217.33	—
	—	59.82	18.52	18.52	18.52	—
	—	196.21	-154.40	-147.96	-138.73	—
Cash flow
	—	-15.48	-8.40	4.81	0.97	—
	—	-7.86	0.20	0.82	0.53	—
	—	23.39	0.00	0.00	0.67	—
	—	7.87	0.00	0.00	0.00	—

Compounded growth

Standalone

Sales CAGR 3Y: -5.72%
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: -5.72%
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 95.00%

Holder	Type	Holding	Previous	Change
JTL Industries Limited	Promoter	95.00%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY (TTM)	Profit YoY (TTM)	1Y return
Hindustan Aeronautics Limited	3,16,932	4,739.00	34.00	13.70%	+7.42%	+12.16%	+0.08%
Bharat Electronics Ltd.	2,82,157	386.00	45.90	31.90%	+19.83%	+11.77%	-2.50%
Bharat Dynamics Limited S	40,831	1,113.90	78.39	7.20%	-18.69%	-7.13%	-25.63%
Garden Reach Shipbuilders & Engineers Limited S	25,723	2,245.50	32.13	36.80%	+39.64%	+42.86%	-14.01%
Data Patterns (India) Limited S	23,954	4,278.70	89.40	21.00%	+33.81%	+24.90%	+61.27%
SIGMA ADVANCED SYSTEMS LIMITED	17,577	927.55	107.57	52.80%	—	+32.77%	+485.39%
Aequs Limited	17,434	259.95	—	1.10%	—	—	—
Apollo Micro Systems Limited	15,172	408.30	132.04	13.50%	+69.08%	+75.16%	+25.84%
Astra Microwave Products Ltd.	15,098	1,590.15	79.86	21.00%	+4.02%	+16.28%	+52.27%
Zen Technologies Ltd.	14,840	1,643.55	75.44	15.60%	-23.50%	-27.93%	+9.47%
Paras Defence and Space Technologies Limited	10,561	1,310.45	111.09	16.30%	+36.61%	+55.60%	+88.62%
Unimech Aerospace and Manufacturing Limited	8,243	1,619.45	114.35	12.30%	—	—	+55.04%
AXISCADES TECHNOLOGIES LIMITED	8,015	1,884.40	219.90	15.70%	+4.61%	-54.09%	+14.97%
Mishra Dhatu Nigam Limited	7,797	416.20	57.77	8.80%	—	—	+8.34%
Cyient DLM Limited	7,274	916.25	88.59	10.50%	—	—	+111.21%
Centum Electronics Ltd	6,751	4,573.40	136.03	20.70%	-1.41%	+676.53%	+74.81%
Rossell Techsys Limited	5,280	1,400.65	205.18	32.70%	—	—	+91.98%
Avantel Limited	4,020	151.25	233.93	8.60%	-3.16%	-67.14%	-15.46%
IDEAFORGE TECHNOLOGY LIMITED	3,561	716.40	905.26	-2.60%	—	—	+43.38%
Jaykay Enterprises Limited	3,072	203.65	15.37	30.00%	—	—	-5.12%
CFF FLUID CONTROL LIMITED S	2,269	1,081.80	—	19.80%	—	—	+76.58%
Sika Interplant Systems Ltd.	2,165	1,021.35	62.48	30.60%	—	—	-15.33%
MILLWORKS TECHNOLOGIES LIMITED	2,128	1,208.00	—	—	—	—	—
NIBE LIMITED	1,917	1,236.90	-147.75	4.60%	—	—	-10.07%
DCX Systems Limited	1,774	159.25	-86.85	0.80%	—	—	-38.10%
JTL DEFENCE LIMITED	767	728.75	1,362.53	0.40%	—	—	+11,111.54%

Filings & corporate actions

Recent announcements

Alteration of Object Clause of Memorandum of Association of the Company23 Sep 2026 · Company Update / Amendments to Memorandum & Articles of Association
Appointment/Re-appointment of Directors23 Sep 2026 · Company Update / Change in Management
Outcome of 35th Annual General Meeting23 Sep 2026 · AGM/EGM / AGM
Scrutinizer''s Report for the 35th Annual General Meeting23 Sep 2026 · AGM/EGM / AGM
Proceedings of 35th Annual General Meeting and Scrutinizer''s Report23 Sep 2026 · AGM/EGM / AGM
We hereby submit that the revised limited review report for the consolidated financial results is being re-uploaded incorporating the details required as per point no. 4 in accordance with ....13 Sep 2026 · Company Update / General
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that the Company has received the order from Regional Director (Northern Region-I), MCA approving the shifting ....7 Sep 2026 · Company Update / General
Copy of newspaper publication of Notice of 35th Annual General Meeting and E-voting information2 Sep 2026 · Company Update / Newspaper Publication
Notice of Annual General Meeting Dated 23rd September, 20261 Sep 2026 · AGM/EGM / AGM
Annual Report 2025-261 Sep 2026 · Others / Reg. 34 (1) Annual Report
Announcement under Regulation 30 (LODR)- Amendments to the Memorandum of Association ("MOA") of the Company29 Aug 2026 · Company Update / Amendments to Memorandum & Articles of Association
Change in Directorate29 Aug 2026 · Company Update / Change in Directorate
Outcome of Board Meeting dated 29.08.202629 Aug 2026 · Others / Outcome without intimation
Mr. Pranav Singla, Managing Director of the Company will have one-to-one Investors Meet in Mumbai scheduled to be held on 26.08.2026 and 27.08.2026 from 10:00 AM to 05:00 PM each day.22 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper publication of the Un-audited financial results for the quarter ended June 30, 202630 Jul 2026 · Company Update / Newspaper Publication
Investor Presentation for the quarter ended June 30, 202630 Jul 2026 · Company Update / Investor Presentation
Earnings Release for the quarter ended June 30, 202630 Jul 2026 · Company Update / General
Un-audited Financial results for the quarter ended June 30, 202628 Jul 2026 · Result / Financial Results
Outcome of Board Meeting held on July 28, 202628 Jul 2026 · Board Meeting / Outcome of Board Meeting
JTL Defence Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2026 ,inter alia, to consider and approve un-audited financial results for ....23 Jul 2026 · Board Meeting / Board Meeting
Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 20189 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Copy of newspapaer publication in Form INC-26 regarding shifting of Registered Office2 Jul 2026 · Company Update / Newspaper Publication
Q1FY27 Business Performance Update2 Jul 2026 · Company Update / Press Release / Media Release
Scrutinizer''s Report for the Extra-Ordinary General Meeting of the Company held on June 30, 202630 Jun 2026 · AGM/EGM / EGM
Closure of Trading Window30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Proceedings of the Extra-Ordinary General Meeting held on Tuesday, June 30, 202630 Jun 2026 · AGM/EGM / EGM
Copy of Newspaper Publication of Notice of Extra Ordinary General Meeting7 Jun 2026 · Company Update / Newspaper Publication
Notice of EGM to be held on June 30, 20266 Jun 2026 · AGM/EGM / EGM
Intimation of EGM to be held on Tuesday June 30, 2026 at 11:00 A.M. through Video Conferencing ("VC")/Other Audio Visual Means ("OAVM")6 Jun 2026 · AGM/EGM / EGM
Constitution of Fund Raising Committee and Sub-Committee of the Board of Directors of the Company3 Jun 2026 · Company Update / General
Announcement under Regulation 30 (LODR)- Raising of Funds3 Jun 2026 · Company Update / Raising of Funds
Amendment to Memorandum of Association (MOA) regarding shifting of Registered Office from the National Capital Territory of Delhi, ROC Delhi II to the State of Himachal Pradesh, ROC, Shimla, ....3 Jun 2026 · Company Update / Amendments to Memorandum & Articles of Association
Outcome of Board Meeting dated 03.06.20263 Jun 2026 · Board Meeting / Outcome of Board Meeting
JTL Defence Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/06/2026 ,inter alia, to consider and approve a proposal for raising of funds ....31 May 2026 · Board Meeting / Board Meeting
Annual Secretarial Compliance Report for FY ended 31.03.202618 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Newspaper publication of the audited financial results for the quarter and financial year ended 31st March, 20267 May 2026 · Company Update / Newspaper Publication
Investor Presentation for the Quarter and Financial Year Ended 31.03.20266 May 2026 · Company Update / Investor Presentation
Earnings Press Release Q4 and FY266 May 2026 · Company Update / Press Release / Media Release
Re-appointment of Cost Auditors of the Company For The Financial Year 2026-27.6 May 2026 · Company Update / Change in Management
Outcome of Board Meeting dated 06.05.20266 May 2026 · Board Meeting / Outcome of Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Resolution Plan -Suspension	28 Nov 2025	28 Nov 2025	—

Board meetings

28 Jul 2026 Board Meeting - Financial Results