JTL INDUSTRIES LIMITED

BSE: JTLIND534600ISIN INE391J01032

Industrials
Iron & Steel Products
BSE 1000

Share price

₹79.25+5.28 (+7.14%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

14 Nov 2024 · Split 2:1 (₹2 → ₹1)

52W high: ₹93.96
52W low: ₹40.31
Off 52W high: -15.66%
1M return: -6.59%
3M return: +1.32%
6M return: -0.64%
1Y return: +22.56%
20D avg volume: 3,71,780
50 DMA: ₹84.24
200 DMA: ₹73.21

Key ratios Consolidated

Market cap: ₹3,115 Cr
Current price: ₹79.25
52W high / low: ₹93.96 / ₹40.31
Face value: ₹1.00
P/E: 24.21
P/B: 2.02
EPS (TTM): ₹3.27
Book value / share: ₹39.29
ROE: —
ROCE: 9.10%
Operating margin: —
Net margin: —
Debt / equity: 0.16
Net debt: ₹209.31 Cr
Interest cover: 13.05
Dividend yield: 0.16%
Dividend / share (TTM): ₹0.12
Payout: 3.82%
Cash conversion cycle: 92.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	613.79	721.61	692.68	470.52	429.31	543.86	469.47	451.43	479.55	515.38	465.94	567.39
	3.30	4.71	1.32	3.65	1.98	5.75	8.84	2.08	7.83	4.18	3.93	0.94
	617.09	726.32	694.00	474.16	431.28	549.61	478.31	453.51	487.38	519.56	469.87	568.33
	577.54	677.94	644.45	441.12	400.59	527.71	455.93	419.82	452.56	478.84	431.71	528.00
	497.55	601.32	547.74	361.71	336.50	459.28	335.40	371.94	371.03	441.23	342.88	474.75
	51.66	15.77	59.73	31.51	25.50	24.07	72.33	27.43	52.31	10.33	62.98	36.14
	12.86	11.21	12.97	10.46	11.16	10.09	8.38	6.59	6.67	6.18	6.70	4.74
	4.69	5.33	4.14	3.06	1.23	2.78	1.28	1.26	0.73	1.26	0.95	1.62
	9.84	9.71	5.41	6.15	4.71	4.44	3.00	2.26	2.12	1.89	1.55	1.50
	29.77	36.56	37.72	23.68	28.24	27.36	26.34	17.00	20.91	18.82	24.78	13.89
	39.55	48.38	49.55	33.05	30.69	21.89	22.38	33.69	34.82	40.72	38.16	40.33
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	39.55	48.38	49.55	33.05	30.69	21.89	22.38	33.69	34.82	40.72	38.16	40.33
	10.74	13.07	11.69	6.56	8.53	5.34	5.56	8.74	8.46	10.02	8.62	10.15
	28.97	35.37	37.86	26.49	22.16	16.55	16.83	24.94	26.36	30.70	29.55	30.18
	0.64	0.90	0.96	0.67	0.56	0.42	0.43	0.63	1.39	1.73	1.71	1.77
Key metrics
	54.08	63.42	59.10	42.26	36.63	29.11	26.66	37.21	37.67	43.87	40.66	43.45
	8.80%	8.80%	8.50%	9.00%	8.50%	5.40%	5.70%	8.20%	7.90%	8.50%	8.70%	7.70%
	4.70%	4.90%	5.50%	5.60%	5.20%	3.00%	3.60%	5.50%	5.50%	6.00%	6.30%	5.30%
	2.70%	—	3.30%	—	2.50%	—	1.90%	—	—	—	—	—
	43.00%	32.70%	47.50%	4.20%	-10.50%	5.50%	0.80%	-20.40%	—	—	—	—
	30.70%	113.70%	125.00%	6.20%	-15.90%	-46.10%	-43.00%	-17.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,499	2,136	1,916	2,040	1,550	975.72
	12.98	12.69	22.45	8.67	4.94	3.54
	2,512	2,149	1,939	2,049	1,555	979.25
	2,341	2,014	1,807	1,899	1,431	911.72
	2,008	1,705	1,520	1,695	1,365	901.19
	158.67	140.81	162.40	99.13	—	—
	47.50	44.68	27.81	21.17	19.82	11.22
	17.22	11.22	4.53	5.09	6.35	6.42
	31.11	20.70	9.27	5.56	4.25	2.13
	127.73	117.00	83.07	68.60	40.94	14.36
	170.53	135.18	131.61	150.21	123.70	67.53
	0.00	0.00	0.00	0.00	-1.08	0.00
	170.53	135.18	131.61	150.21	122.62	67.53
	42.06	32.12	32.79	37.20	32.49	17.51
	128.69	103.06	98.83	113.01	90.13	50.02
	3.17	2.62	2.60	6.63	10.69	8.45
Key metrics
	218.86	167.10	145.41	160.86	133.22	76.08
	8.76%	7.80%	7.60%	7.90%	8.60%	7.80%
	5.15%	4.80%	5.20%	5.50%	5.80%	5.10%
	—	9.10%	11.00%	—	—	—
	31.92%	11.50%	-6.10%	31.60%	58.80%	—
	59.90%	4.30%	-12.50%	25.40%	80.20%	—
	—	-213.24	-423.71	—	—	—
	—	-0.65	-2.49	—	—	—
	—	0.16	0.06	—	—	—
	—	209.31	1.75	—	—	—
	—	92.6	90.4	—	—	—
Balance sheet
	—	1,996	1,339	—	—	—
	—	1,255	971.46	—	—	—
	—	34.75	74.43	—	—	—
	—	414.29	279.92	—	—	—
	—	271.04	217.39	—	—	—
	—	339.88	0.00	—	—	—
	—	500.66	218.42	—	—	—
	—	143.66	22.62	—	—	—
	—	389.71	102.60	—	—	—
	—	244.06	76.18	—	—	—
	—	214.06	65.65	—	—	—
	—	30.00	10.53	—	—	—
	—	1,522	1,219	—	—	—
Cash flow
	—	-67.37	-245.69	—	—	—
	—	-141.95	-188.05	—	—	—
	—	169.65	406.94	—	—	—
	—	145.87	178.02	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	533.54	536.28	500.42	422.90	370.91	504.16	466.06	451.43	479.55	515.38	465.94	567.39
	3.77	4.77	1.84	3.87	3.27	5.11	8.96	2.08	7.83	4.18	3.33	0.94
	537.31	541.05	502.26	426.77	374.18	509.27	475.02	453.51	487.38	519.56	469.27	568.33
	498.57	501.85	467.86	394.40	346.91	488.28	452.70	419.79	452.55	478.84	431.70	528.00
	428.48	454.12	362.69	333.83	288.11	435.42	326.95	371.94	371.03	441.23	342.87	474.77
	51.66	15.77	59.73	32.67	24.65	23.76	72.24	27.43	52.31	10.33	62.98	36.14
	10.45	8.90	10.81	8.46	9.15	8.37	8.07	6.59	6.67	6.18	6.70	4.74
	4.17	4.58	3.16	2.72	1.94	1.51	1.19	1.23	0.73	1.26	0.95	1.62
	4.12	4.08	3.66	3.72	3.52	3.45	2.84	2.26	2.12	1.89	1.55	1.50
	23.01	22.22	28.00	10.23	21.82	19.16	25.17	17.00	20.91	18.82	24.79	13.88
	38.74	39.20	34.40	32.37	27.27	20.99	22.32	33.72	34.83	40.72	37.57	40.33
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	38.74	39.20	34.40	32.37	27.27	20.99	22.32	33.72	34.83	40.72	37.57	40.33
	9.72	9.82	8.31	6.36	7.36	5.11	5.55	8.74	8.47	10.02	8.47	10.15
	29.02	29.38	26.09	26.01	19.91	15.87	16.77	24.97	26.36	30.70	29.10	30.18
	0.74	0.75	0.66	0.66	0.51	0.40	0.43	0.64	1.39	1.73	1.68	1.77
Key metrics
	47.03	47.86	41.22	38.81	32.73	25.95	26.35	37.21	37.68	43.87	40.07	43.45
	8.80%	8.90%	8.20%	9.20%	8.80%	5.10%	5.70%	8.20%	7.90%	8.50%	8.60%	7.70%
	5.40%	5.50%	5.20%	6.20%	5.40%	3.10%	3.60%	5.50%	5.50%	6.00%	6.20%	5.30%
	3.20%	—	2.90%	—	2.30%	—	1.90%	—	—	—	—	—
	43.80%	6.40%	7.40%	-6.30%	-22.70%	-2.20%	0.00%	-20.40%	—	—	—	—
	45.80%	85.10%	55.60%	4.20%	-24.50%	-48.30%	-42.40%	-17.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,993	1,798	1,913	2,040	1,548	975.72
	14.25	14.10	22.56	8.07	4.94	3.54
	2,007	1,812	1,935	2,048	1,553	979.25
	1,863	1,697	1,804	1,899	1,430	911.72
	1,579	1,420	1,511	1,695	1,364	901.19
	159.83	140.81	162.31	99.13	—	—
	38.62	36.78	27.50	21.17	19.82	11.22
	14.63	9.33	4.41	5.09	6.35	6.42
	15.58	14.35	9.11	5.56	4.25	2.13
	83.46	79.22	81.90	68.59	40.94	14.36
	144.71	115.02	131.59	149.61	123.69	67.53
	0.00	0.00	0.00	—	-1.08	—
	144.71	115.02	131.59	149.61	122.61	67.53
	34.21	27.14	32.78	37.05	31.21	17.51
	110.50	87.88	98.81	112.56	90.12	50.02
	2.81	2.24	2.60	6.60	10.69	8.45
Key metrics
	174.92	138.70	145.11	160.26	133.21	76.08
	8.78%	7.70%	7.60%	7.90%	8.60%	7.80%
	5.54%	4.90%	5.20%	5.50%	5.80%	5.10%
	—	9.50%	11.10%	—	—	—
	11.19%	-6.00%	-6.20%	31.80%	58.70%	—
	42.54%	-11.10%	-12.20%	24.90%	80.20%	—
	—	-131.23	-363.58	—	—	—
	—	-0.11	-2.17	—	—	—
	—	0.16	0.04	—	—	—
	—	169.83	-12.17	—	—	—
	—	94.0	86.0	—	—	—
Balance sheet
	—	1,560	1,315	—	—	—
	—	1,028	929.27	—	—	—
	—	33.39	65.66	—	—	—
	—	279.34	276.53	—	—	—
	—	209.13	197.49	—	—	—
	—	313.65	—	—	—	—
	—	220.56	189.15	—	—	—
	—	25.36	23.33	—	—	—
	—	253.55	89.48	—	—	—
	—	203.22	53.49	—	—	—
	—	203.22	53.49	—	—	—
	—	0.00	0.00	—	—	—
	—	1,301	1,218	—	—	—
Cash flow
	—	-9.68	-214.79	—	—	—
	—	-155.50	-210.21	—	—	—
	—	132.91	384.04	—	—	—
	—	121.55	148.79	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +5.12%
Sales CAGR 5Y: —
Profit CAGR 3Y: -0.84%
Profit CAGR 5Y: —
Sales YoY (TTM): +11.19%
Profit YoY (TTM): +42.54%

Consolidated

Sales CAGR 3Y: +11.29%
Sales CAGR 5Y: —
Profit CAGR 3Y: +4.57%
Profit CAGR 5Y: —
Sales YoY (TTM): +31.92%
Profit YoY (TTM): +59.90%

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 Sep 2026

Promoter holding: 49.26%

Holder	Type	Holding	Previous	Change
Nikita Singla	Promoter Group	13.35%	—	—
Madan Mohan	Promoter	13.28%	—	—
Rakesh Garg (HUF)	Promoter	7.78%	—	—
Rakesh Garg	Promoter	6.69%	—	—
Pranav Singla	Promoter Group	3.61%	—	—
Zenith Multi Trading DMCC	Public	2.81%	—	—
Dhruv Singla	Promoter Group	2.41%	—	—
Peanence Commercial Private Limited	Public	1.90%	—	—
Laxmi Kant Swami	Public	1.23%	—	—
Biztropolis Tradelinks Private Limited	Public	1.09%	—	—
Madan Mohan (HUF)	Promoter Group	0.75%	—	—
Prem Kumar and Sons HUF	Promoter Group	0.38%	—	—
Deepak Garg	Promoter Group	0.32%	—	—
Shukla Singla	Promoter Group	0.28%	—	—
Chetan Singla	Promoter Group	0.22%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—
JTL INDUSTRIES LIMITED	3,115	79.25	24.21	9.10%	+31.92% TTM	+59.90% TTM	+22.56%

Filings & corporate actions

Recent announcements

Audio Recording of Con Call held on 03.11.2026 on un-audited financial results of the Company for the quarter and half year ended 30.09.20263 Nov 2026 · Company Update / Analyst / Investor Meet
Copy of Newspaper Publication of Un-audited Financial Results for the quarter and half year ended September 30, 20263 Nov 2026 · Company Update / Newspaper Publication
Press Release-Unaudited Financial Results for quarter ended 30.09.20262 Nov 2026 · Company Update / Press Release / Media Release
Investor Presentation for the Quarter ended 30.09.20262 Nov 2026 · Company Update / Investor Presentation
Re-constitution of Audit Committee2 Nov 2026 · Company Update / General
Outcome of Board Meeting2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Un-audited Financial Results for the quarter ended 30.09.20262 Nov 2026 · Result / Financial Results
Intimation of Analyst/Investor Call to be held on 03.11.202629 Oct 2026 · Company Update / Analyst / Investor Meet
JTL Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve un-audited financial results ....28 Oct 2026 · Board Meeting / Board Meeting
Press Release for receipt of approval from Chief Engineer, Central Public Works Department (CPWD), NDZ-III, New Delhi13 Oct 2026 · Company Update / Press Release / Media Release
Compliance Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 20187 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Receipt of Export Order5 Oct 2026 · Company Update / General
Receipt of Export Order5 Oct 2026 · Company Update / General
Q2FY27 Business Performance Update1 Oct 2026 · Company Update / General
Closure of Trading Window30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinizer''s Report for the 35th Annual General Meeting25 Sep 2026 · AGM/EGM / AGM
Proceedings of 35th Annual General Meeting of the Company held on 25.09.202625 Sep 2026 · AGM/EGM / AGM
Intimation of Schedule of Investor Meet20 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Schedule of Investor Meet17 Sep 2026 · Company Update / Analyst / Investor Meet
Copy of Newspaper Publication of Notice of 35th Annual General Meeting and e-voting information3 Sep 2026 · Company Update / Newspaper Publication
Intimation under SEBI (LODR) Regulations, 2015- Letters to Shareholders2 Sep 2026 · Company Update / General
Business Responsibility and Sustainability Report for FY 2025-262 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 35th Annual General Meeting of the Company2 Sep 2026 · AGM/EGM / AGM
Annual Report of the Company for FY 2025-262 Sep 2026 · Others / Reg. 34 (1) Annual Report
Change in Directorate31 Aug 2026 · Company Update / Change in Directorate
Record Date for Dividend Distribution31 Aug 2026 · Corp. Action / Record Date
Outcome of Board Meeting dated 31.08.202631 Aug 2026 · Others / Outcome without intimation
Expansion of Narrow-width HR Coil manufacturing capacity by Subsisidary Company24 Aug 2026 · Company Update / Press Release / Media Release
Intimation of Schedule of Investor Meet22 Aug 2026 · Company Update / Analyst / Investor Meet
Transcript of Earnings Call held on 05.08.202610 Aug 2026 · Company Update / Earnings Call Transcript
Intimation regarding grant of Stock Options under JTL Industries Employee Stock Option Scheme-2026. The Disclosure is attached herewith.10 Aug 2026 · Company Update / General
The management of JTL Industries Limited will be participating in the 'Nuvama India Conference 2026' organised by Nuvama Wealth Management Limited, scheduled to be held in Singapore on ....6 Aug 2026 · Company Update / Analyst / Investor Meet
Copy of newspaper publication of un-audited financial results for the quarter ended 30.06.20266 Aug 2026 · Company Update / Newspaper Publication
Audio Recording of Con Call held on 05.08.2026 on un-audited financial results for the quarter ended 30.06.20265 Aug 2026 · Company Update / General
Earnings Release Q1 FY275 Aug 2026 · Company Update / General
Investor Presentation Q1 FY275 Aug 2026 · Company Update / Investor Presentation
Unaudited Financial Results for quarter ended 30.06.20265 Aug 2026 · Result / Financial Results
Outcome of Board Meeting dated August 05, 20265 Aug 2026 · Board Meeting / Outcome of Board Meeting
Outcome of Board Meeting dated August 05, 20265 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Analyst/Investors Meet to be held on 05.08.202630 Jul 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.1250	11 Sep 2026	11 Sep 2026	—
Final Dividend - Rs. - 0.1250	12 Sep 2025	12 Sep 2025	—
Stock Split From Rs.2/- to Rs.1/-	14 Nov 2024	15 Nov 2024	—
Final Dividend - Rs. - 0.2500	30 Aug 2024	30 Aug 2024	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
5 Aug 2026 Board Meeting - Financial Results