JTL Industries Q1 FY27 sales volume rises 18% YoY to 1,18,513 MT

JTL Industries has reported its business performance for Q1 FY27, achieving a sales volume of 1,18,513 MT, an 18% year-on-year increase compared to 1,00,617 MT in Q1 FY26. The growth was driven by robust demand, improved capacity utilization at the Mangaon facility, and the ramp-up of value-added products. On a sequential basis, sales volume moderated by 3.8% from the 1,23,262 MT recorded in Q4 FY26.

Quarterly Sales Volume Performance

The company's consolidated sales volume includes export sales. The following table outlines the performance across the specified quarters:

Quarter:	Sales Volume (MT)
Q1 FY27	1,18,513
Q4 FY26	1,23,262
Q1 FY26	1,00,617

Management Commentary

Mr. Madan Mohan, Managing Director of JTL Industries, attributed the 17.8% year-on-year growth to the expanded capacity at the Mangaon facility and strong demand across key markets. He noted that export markets contributed meaningfully to volumes, supported by expanding customer relationships, while domestic markets remained the primary growth driver. The company also highlighted encouraging demand for its Direct Forming Technology (DFT) products through its dealer network.

Operational Capacity

JTL Industries operates manufacturing facilities in Punjab, Maharashtra, Chhattisgarh, and Himachal Pradesh. The company holds a cumulative pipe manufacturing capacity of approximately 9,36,000 MTPA, with around 3,00,000 MTPA dedicated to backward integration. Its product portfolio includes DFT Structural Pipes, GI Pipes, MS Black Pipes, and Hollow Sections.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.41%	-0.64%	+14.56%	+52.85%	-0.56%	-65.36%

JTL Industries has secured a significant order worth ₹26.74 Crores from Himachal Pradesh State Civil Supplies Corporation Limited (HPSCSC) for the supply of Galvanized Iron (G.I.) Pipes. The order entails supplying approximately 3,425 MT of G.I. Pipes to various divisions of Jal Shakti Vibhag in Himachal Pradesh for water supply and distribution projects. This domestic contract is classified as a one-time order, requiring execution within 60 days from the date of supply of order.

The disclosure was made to the exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read along with a specific SEBI circular dated January 30, 2026. The company confirmed that the promoter, promoter group, or group companies have no interest in the entity awarding the order, and the order does not fall within related party transactions.

Order Details

The following table outlines the key particulars of the order:

Particulars	Details
Name of the entity awarding the order	Himachal Pradesh State Civil Supplies Corporation Limited (HPSCSC)
Significant terms and conditions	Supply of G.I. Pipes to various divisions of Jal Shakti Vibhag in Himachal Pradesh
Nature of order	One-time
Location	Domestic
Execution time period	60 days from the date of supply of order
Order size	Supply of 3,425 MT of G.I. Pipes; Total order amount is ₹26.74 Crores

Management Commentary

Madan Mohan, Managing Director of JTL Industries, stated that the order reflects the company's focus on supplying steel pipe products for infrastructure development. He highlighted that water infrastructure continues to be a major driver of demand for steel pipes in India, supported by ongoing investments in water supply and distribution networks. He further emphasized that product quality and manufacturing standards remain a key focus, backed by various international and domestic certifications including CE, ISO 9001, UKCA, UL, ACRS, and Active Fire certifications.

The filing was signed by Amrender Kumar Yadav, Company Secretary and Compliance Officer of JTL Industries Limited, on June 10, 2026.