Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 502 | 567 | 466 | 516 | 480 | 452 | 469 | 544 | 429 | 471 | 693 | 722 |
| Expenses | 465 | 525 | 429 | 476 | 450 | 416 | 452 | 520 | 395 | 432 | 635 | 663 |
| Operating Profit | 37 | 43 | 37 | 40 | 30 | 35 | 18 | 23 | 35 | 39 | 58 | 59 |
| OPM % | 7% | 7% | 8% | 8% | 6% | 8% | 3.8% | 4.3% | 8% | 8% | 8% | 8% |
| Other Income | 3 | 1 | 4 | 4 | 8 | 2 | 9 | 6 | 2 | 4 | 1 | 5 |
| Interest | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 4 | 5 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 5 | 10 |
| Profit before tax | 38 | 40 | 38 | 41 | 35 | 34 | 22 | 22 | 31 | 33 | 50 | 48 |
| Tax % | 26% | 25% | 23% | 25% | 24% | 26% | 25% | 24% | 28% | 20% | 24% | 27% |
| Net Profit | 28 | 30 | 30 | 31 | 26 | 25 | 17 | 17 | 22 | 26 | 38 | 35 |
| EPS in Rs | 0.82 | 0.88 | 0.86 | 0.89 | 0.69 | 0.65 | 0.44 | 0.43 | 0.56 | 0.69 | 0.90 | 0.85 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 435 | 1,355 | 1,549 | 2,040 | 1,915 | 2,135 | 2,314 |
| Expenses | 403 | 1,265 | 1,419 | 1,887 | 1,792 | 1,981 | 2,124 |
| Operating Profit | 33 | 89 | 129 | 153 | 123 | 154 | 190 |
| OPM % | 8% | 7% | 8% | 7% | 6% | 7% | 8% |
| Other Income | 5 | 4 | 4 | 8 | 22 | 13 | 12 |
| Interest | 9 | 8 | 6 | 5 | 5 | 11 | 14 |
| Depreciation | 2 | 3 | 4 | 6 | 9 | 21 | 26 |
| Profit before tax | 27 | 82 | 123 | 150 | 132 | 135 | 162 |
| Tax % | 26% | 26% | 26% | 25% | 25% | 24% | |
| Net Profit | 20 | 61 | 90 | 113 | 99 | 103 | 122 |
| EPS in Rs | 0.95 | 2.58 | 2.67 | 3.29 | 2.59 | 2.58 | 3.00 |
| Dividend Payout % | 11% | 0% | 2% | 4% | 5% | 5% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 37% | 11% | 19% | ||
| Compounded Profit Growth | % | 38% | 3% | 36% | ||
| Stock Price CAGR | 40% | 15% | -8% | 29% | ||
| Return on Equity | % | 14% | 10% | 7% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 11 | 13 | 17 | 35 | 39 | 39 |
| Reserves | 86 | 184 | 390 | 739 | 1,179 | 1,447 |
| Borrowings | 63 | 94 | 107 | 20 | 76 | 244 |
| Other Liabilities | 49 | 47 | 50 | 49 | 45 | 266 |
| Total Liabilities | 209 | 339 | 563 | 843 | 1,339 | 1,996 |
| Fixed Assets | 28 | 49 | 65 | 111 | 218 | 501 |
| CWIP | 0 | 3 | 4 | 6 | 66 | 159 |
| Investments | 0 | 12 | 16 | 6 | 10 | 23 |
| Other Assets | 181 | 275 | 478 | 720 | 1,044 | 1,314 |
| Total Assets | 209 | 339 | 563 | 843 | 1,339 | 1,996 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -5 | 17 | 4 | -22 | -246 | -67 |
| Cash from Investing Activity | -8 | -34 | -20 | -96 | -188 | -142 |
| Cash from Financing Activity | 12 | 17 | 66 | 169 | 407 | 170 |
| Net Cash Flow | -0 | -0 | 50 | 51 | -27 | -40 |
| Free Cash Flow | -11 | -5 | -15 | -125 | -424 | -213 |
| CFO/OP | -6% | 49% | 23% | 13% | -172% | -32% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 80 | 30 | 33 | 34 | 53 | 71 |
| Inventory Days | 49 | 36 | 46 | 31 | 47 | 54 |
| Days Payable | 31 | 8 | 8 | 5 | 5 | 29 |
| Cash Conversion Cycle | 98 | 58 | 71 | 60 | 96 | 96 |
| Working Capital Days | 64 | 35 | 66 | 87 | 150 | 140 |
| ROCE % | 40% | 32% | 23% | 13% | 10% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 55.78% | 56.00% | 54.30% | 54.24% | 48.91% | 48.91% | 48.91% | 48.91% | 48.91% | 49.26% | 49.26% | 49.26% |
| FIIs | 2.35% | 1.62% | 4.48% | 5.82% | 5.60% | 5.00% | 4.86% | 4.44% | 3.39% | 3.34% | 3.40% | 4.84% |
| DIIs | 1.07% | 0.83% | 0.07% | 0.30% | 1.64% | 2.22% | 3.04% | 3.36% | 2.21% | 0.02% | 0.00% | 0.14% |
| Public | 40.81% | 41.55% | 41.15% | 39.65% | 43.87% | 43.88% | 43.21% | 43.28% | 45.49% | 47.37% | 47.34% | 45.75% |
| No. of Shareholders | 25,432 | 42,550 | 72,461 | 77,343 | 82,672 | 90,341 | 85,300 | 85,584 | 86,034 | 84,190 | 82,504 | 85,849 |
Fundamentals
Market Cap₹ 3,397 Cr.
Current Price₹ 88.9
Stock P/E29.6
Book Value₹ 38.9
ROCE9.61 %
ROE7.31 %
Dividend Yield0.14 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)19%
Compounded Profit Growth (TTM)36%
Consolidated figures.
Valuation
Market capRs 3,295 Cr
Enterprise valueRs 3,388 Cr
P/E (TTM)28.73x
Price to book16.67x
Price to sales1.42x
EV / EBITDA16.82x
EV / EBIT19.30x
EV / sales1.46x
Price to cash flow192.83x
Earnings yield3.48%
Profitability
Operating margin (excl. other income)6.60%
Operating margin (incl. other income)6.88%
EBITDA margin8.71%
Pre-tax margin6.99%
Net profit margin4.96%
Net margin, latest quarter4.51%
ROE41.46%
ROCE39.85%
ROA22.26%
ROIC (approx.)44.85%
Tax rate25.84%
Other income / net worth1.92%
Growth
Sales growth (latest year)211.12%
Profit growth (latest year)204.39%
Sales growth QoQ4.18%
Profit growth QoQ-5.41%
Sales growth YoY (latest quarter)32.68%
Profit growth YoY (latest quarter)99.45%
Per share
EPS (TTM)Rs 3.00
EPS (latest year)Rs 10.32
EPS (latest quarter)Rs 0.85
Book value per shareRs 5.17
Sales per shareRs 60.55
Cash flow per shareRs 0.45
Free cash flow per shareRs -5.57
Efficiency
Asset turnover3.99x
Fixed asset turnover27.89x
Inventory turnover10.33x
Inventory days35 days
Debtor days30 days
Debtors turnover12.36x
Creditor days29 days
Cash conversion cycle96 days
Working capital days140 days
Leverage
Total debtRs 94 Cr
Cash and bankRs 2 Cr
Net debtRs 92 Cr
Debt to equity0.48x
Net debt / EBITDA0.46x
Interest coverage12.75x
Current ratio (filing 2026-03-31)3.22x
Quick ratio (filing 2026-03-31)2.53x
Trade payables (filing 2026-03-31)Rs 144 Cr
Owners' fund to total sources58.28%
Debt to assets27.81%
Cash flow
Cash from Operating Activity (latest year)Rs 17 Cr
Cash from Investing Activity (latest year)Rs -34 Cr
Cash from Financing Activity (latest year)Rs 17 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -213 Cr
FCFE (approx.: FCF + change in debt)Rs -182 Cr
Cash from ops / profit, 5 years-0.67x
Sales to cash flow79.27x
Statement figures
Net sales (TTM)Rs 2,314 Cr
Net sales (latest year)Rs 1,355 Cr
Sales (latest quarter)Rs 722 Cr
Operating profit excl. other income (latest year)Rs 89 Cr
Operating profit (latest quarter)Rs 59 Cr
Other income (TTM)Rs 12 Cr
EBITDA (TTM)Rs 201 Cr
PBDT (TTM)Rs 188 Cr
Profit before tax (TTM)Rs 162 Cr
Tax (latest year)Rs 21 Cr
Net profit (TTM)Rs 115 Cr
Net profit (latest year)Rs 61 Cr
Net profit (latest quarter)Rs 33 Cr
Depreciation (TTM)Rs 26 Cr
Depreciation (latest quarter)Rs 10 Cr
Interest (TTM)Rs 14 Cr
Cost of goods sold (latest year)Rs 1,232 Cr
Total expenditure (latest year)Rs 1,265 Cr
Total income (latest year)Rs 1,359 Cr
Share capitalRs 13 Cr
ReservesRs 184 Cr
Shareholders' fundsRs 198 Cr
Total assetsRs 339 Cr
Net blockRs 49 Cr
Capital work in progressRs 3 Cr
InvestmentsRs 12 Cr
ReceivablesRs 110 Cr
InventoryRs 119 Cr
Other liabilitiesRs 47 Cr
Shares outstanding (crore)38.22
Ownership
Promoter holding49.26% (+0.35 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | JTLIND | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.3% | -2.8% | -1.5 pts |
| 1 month | -2.0% | -6.8% | +4.8 pts |
| 3 months | +4.8% | -7.6% | +12.4 pts |
| 6 months | +111.3% | +0.4% | +110.9 pts |
| 1 year | +19.1% | -9.9% | +29.0 pts |
| 2 years | -21.7% | -13.6% | -8.1 pts |
| 3 years | -25.1% | +14.2% | -39.3 pts |
| 5 years | +90.9% | +27.9% | +63.0 pts |
1 mutual fund schemes hold about ₹0 Cr.
Over three months 1 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 | +9% |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was 15% of net profit over the last 2 years |
| explain | High accruals Profit exceeded operating cash by 13% of total assets in 2026 |
| look | Share dilution Share count up 12% in a year |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹722 Cr +32.7% vs Jun 2025.
Net profit ₹35 Cr +105.9%.
Against our estimate for Jun 2026: sales +5.3%, profit -3.7% in line. Our estimate for Sep 2026: sales Rs 602 Cr, profit Rs 32 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
| APL Apollo Tubes Ltd | 60,768 | 49.4 | 31.8 % |
| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-11 | Dividend - Re 0.125 Per Share | |
| 2025-09-12 | Dividend - Re 0.125 Per Share | |
| 2024-11-14 | Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share | 0.5000 |
| 2024-08-30 | Dividend - Re 0.25 Per Share | |
| 2023-09-07 | Bonus 1:1 | 0.5000 |
| 2023-08-04 | Dividend - Re 0.20 Per Share |
| Date | Type | What it says |
|---|---|---|
| 2026-10-01 | Updates | Q2FY27 Business Performance Update. |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 months
Quick answers
What is the market cap of JTL Industries Ltd?
JTL Industries Ltd (JTLIND) has a market capitalisation of Rs 3,397 Cr. at the 2026-10-01 close.
What is the P/E ratio of JTL Industries Ltd?
JTL Industries Ltd trades at a P/E of 29.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were JTL Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, JTL Industries Ltd sales was Rs 722 Cr (+32.7% vs Jun 2025) and net profit was Rs 35 Cr.
What is the 52-week high and low of JTL Industries Ltd?
The 52-week high is Rs 94.00 and the 52-week low is Rs 40.25.