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JTL Industries Ltd (JTLIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 534600 NSE: JTLIND Steel & Iron Products | Small Cap | JTL Industries Share Price

₹85.47 1.92 (2.30%)

As on 14-Oct'26 16:59

JTL Industries Ltd (JTLIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 534600 NSE: JTLIND Steel & Iron Products | Small Cap | JTL Industries Share Price

₹85.47 1.92 (2.30%)

As on 14-Oct'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,310 Cr.
Current Price
₹85.5
52-Week Low / High
₹40 / 94
TTM EPS
₹2.9
TTM Sales
₹2,314 Cr.
Book Value per Share
₹35.3
P/E Ratio
28.86
Lower than its 5-year historical median
Industry PE
23.8
Price to Book (P/B)
2.39
Lower than its 5-year historical median
Price to Sales (P/S)
1.43
Lower than its 5-year historical median
EV/EBITDA
17.43
Lower than its 5-year historical median
Dividend Yield
0.15%
Profitability Efficiency
Return on Equity (ROE)
8.58%
Underperforms industry median
Return on Capital Employed (ROCE)
10.13%
Underperforms industry median
Return on Assets (ROA)
6.18%
Operating Profit Margin
7.2%
Net Profit Margin
4.82%
Gross Profit Margin
7.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-5.99%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
25.17%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
4.28%
Asset Quality
Promoter Holding
49.26%
Pledged shares (%) of Promoter's holding (%)
5.00%
Reserves
₹1,348 Cr.
Equity
₹39.3 Cr.
Face Value
₹1
All Time Low / High
₹1.43 / 138.30

JTL Industries stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is JTL Industries Ltd a good quality company?
JTL Industries Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does JTL Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of JTL Industries Ltd vs industry peers?
JTL Industries Ltd revenue CAGR is 37.43%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of JTL Industries Ltd?
Promoters hold 49.26% of the JTL Industries Ltd, with 5.00% of their stake pledged, indicating low pledge risk.
Q.1 Stock return of JTL Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 38.9% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
JTL Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ14.2%40.4%38.2%17.8%25.5%39.9%32.1%23.7%13.2%9%-
Value Creation
Index ⓘ
0.01.91.70.30.81.91.30.7-0.1-0.4-

Growth Parameters ⓘ

Sales ⓘ1131703222304361,3551,5482,0411,9131,7981,831
Sales YoY Gr.-50.5%89.6%-28.6%89.5%211%14.3%31.8%-6.3%-6%-
Adj EPS ⓘ00.40.70.50.92.52.63.12.42.22.6
YoY Gr.-1233.3%80%-36.1%100%176.1%3.2%18.7%-23.8%-6.3%-
BVPS (₹) ⓘ0.81.21.92.93.889.215.326.733.133.8
Adj Net
Profit ⓘ
0.7814.59.719.560.188.311093.387.1101
Cash Flow from Ops. ⓘ-4.2-4.9-4.6-20.5-517.17.2-23.1-215-9.7-
Debt/CF from Ops. ⓘ-2.6-4.3-7.6-2.8-12.75.514.5-0.9-0.3-21-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ36%32.8%5.1%-6%
Adj EPS ⓘ61.3%19.3%-5.4%-6.3%
BVPSⓘ51.7%53.9%53.1%24%
Share Price 39.1% 11.3% -11.5% 23.3%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
4.44142.918.424.740.829.218.69.46.97.7
Op. Profit
Mgn % ⓘ
2.18.77.47.17.56.68.47.56.46.98
Net Profit
Mgn % ⓘ
0.64.74.54.24.54.45.75.44.94.85.5
Debt to
Equity ⓘ
0.70.90.910.80.50.300.10.2-
Working Cap
Days ⓘ
11111485159122618293152209111
Cash Conv.
Cycle ⓘ
54545712181425653739285

Valuation of JTL Industries - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.004.285.315.005.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales4361,3551,5502,0411,9162,136
Operating Expenses ⓘ + 4031,2661,4211,8881,7931,982
Manufacturing Costs12946535488
Material Costs3921,2031,3401,7981,6821,820
Employee Cost 31718202743
Other Costs ⓘ 71816173030
Operating Profit ⓘ 3389129153123154
Operating Profit Margin (%) 7.5%6.6%8.3%7.5%6.4%7.2%
Other Income ⓘ + 54582213
Exceptional Items ⓘ 00-1000
Interest ⓘ 9865511
Depreciation ⓘ 2346921
Profit Before Tax ⓘ 2782123150132135
Tax ⓘ 72132373332
Profit After Tax 20619011399103
PAT Margin (%) 4.6%4.5%5.8%5.5%5.2%4.8%
Adjusted EPS (₹)1.02.62.73.22.52.5
Dividend Payout Ratio (%)10.60%0%1.90%3.90%5%5%
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 811923115411,0501,487
Share Capital ⓘ 10.6113.4416.8735.4039.3139.31
Reserves ⓘ 711782945061,0101,447
Debt +63911052075244
Long Term Debt1110901130
Short Term Debt5281962065214
Minority Interest0000035
Trade Payables3426292423144
Others Liabilities ⓘ 323011925819187
Total Liabilities ⓘ 2093395638431,3391,996

Fixed Assets

Net Fixed Assets ⓘ +284965111218501
Gross Block337391142259635
Accumulated Depreciation524253140134
CWIP ⓘ 034666159
Investments ⓘ 0121661023
Inventories53119168150217271
Trade Receivables95110141193280414
Cash Equivalents 42531067745
Others Assets ⓘ 2944115271469584
Total Assets ⓘ 2093395638431,3391,996
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + -5174-22-246-67
PBT ⓘ 2782123150132135
Adjustment ⓘ 81094-327
Changes in Working Capital ⓘ -37-49-102-134-340-212
Tax Paid ⓘ -3-26-26-42-34-17
Cash Flow From Investing Activity ⓘ + -8-34-20-96-188-142
Capex -6-22-19-103-178-146
Net Investments -2-14-51-13-21
Others ⓘ 0146325
Cash Flow From Financing Activity ⓘ + 121766169407170
Net Proceeds from Shares ⓘ 002312538020
Net Proceeds from Borrowing ⓘ 11-5-2-111119
Interest Paid ⓘ -8-8-6-5-5-11
Dividend Paid ⓘ 0-20-2-5-3
Others ⓘ 1032516226143
Net Cash Flow ⓘ -0-05051-27-40
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)24.6844.9635.9526.5212.438.58
ROCE (%)22.339.8532.0123.7313.0310.13
Asset Turnover Ratio2.084.943.432.91.761.28
PAT to CFO Conversion(x)-0.250.280.04-0.19-2.48-0.65
Working Capital Days
Receivable Days79.7027.6029.5029.904559.30
Inventory Days44.5023.2033.8028.503541.70
Payable Days31.5097.405.405.1016.70

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JTL Industries Ltd FAQs

The current trading price of JTL Industries on 14-Oct-2026 16:59 is ₹85.47.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 13-Oct-2026 the market cap of JTL Industries stood at ₹3,309.8 Cr

The latest P/E ratio of JTL Industries as of 13-Oct-2026 is 32.64.

The latest P/B ratio of JTL Industries as of 13-Oct-2026 is 2.49.

The 52-week high of JTL Industries is ₹93.96 and the 52-week low is ₹40.31.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JTL Industries is ₹1,831 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that JTL Industries Ltd is a below average quality company.

The key valuation ratios of JTL Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of JTL Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About JTL Industries Ltd

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