JTL Industries files FY26 report; schedules 35th AGM for Sept 25

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • JTL Industries filed its FY26 annual report on September 2, 2026
  • The 35th AGM is scheduled for September 25, 2026, via video conferencing
  • Whole-time Directors Rakesh Garg and Sanjeev Gupta are up for re-appointment
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JTL Industries Limited has submitted its annual report for the financial year 2025-26 to the Bombay Stock Exchange and National Stock Exchange. The filing, made on September 2, 2026, is pursuant to SEBI Listing Regulations 30 and 34.

The company also confirmed that its 35th Annual General Meeting is scheduled for September 25, 2026. The Board approved the re-appointment of Whole-time Directors Rakesh Garg and Sanjeev Gupta.

Annual Report Filing

JTL Industries filed the annual report along with the notice for the 35th AGM. The documents are available on the company's website. Amrender Kumar Yadav, Company Secretary and Compliance Officer, signed the submission.

AGM Details

The meeting will be conducted via Video Conferencing or Other Audio-Visual Means starting at 11:30 am on September 25, 2026. Shareholders must be on record as of September 11, 2026, to be eligible for any dividend declared.

M/s S.V. Associates have been appointed as Scrutinizer for remote e-voting and venue e-voting.

Director Re-appointments

The Board noted the re-appointment of Mr. Rakesh Garg and Mr. Sanjeev Gupta as Whole-time Directors. Both are liable to retire by rotation at the ensuing AGM under Section 152(6) of the Companies Act, 2013.

Director Experience Key Expertise
Rakesh Garg Over 30 years Steel industry, trade, commercial operations
Sanjeev Gupta Over 25 years Costing, automation, steel industry

Mr. Garg brings extensive experience in liaising with government agencies and stakeholders. Mr. Gupta possesses specialized expertise in costing and automation.

Approvals

The Board approved the Notice and Agenda for the 35th AGM to transact Ordinary and Special Businesses. It also approved the draft Director’s Report for FY25-26, along with the Management Discussion and Analysis Report, Annual Corporate Governance Report, and Business Responsibility and Sustainability Report.

Historical Stock Returns for JTL Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.21%+1.05%+19.80%+70.82%+14.68%-61.32%

How might the re-appointment of directors with deep steel industry expertise influence JTL Industries' strategic pivot or expansion plans in the upcoming fiscal year?

What specific sustainability initiatives or ESG targets are likely to be highlighted in the newly approved Business Responsibility and Sustainability Report?

Could the decision to hold the AGM via Video Conferencing signal a broader shift towards digital shareholder engagement for JTL Industries?

JTL Industries files FY26 BRSR report highlighting sustainability metrics

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Reviewed by
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Key Highlights
  • Turnover reached ₹17,983.76 crore with net worth at ₹10,860.32 crore
  • Workforce totals 1,119 with 100% coverage under safety training programs
  • Energy intensity improved to 0.015 per rupee of turnover from 0.019
  • Related-party investments surged to 96.71% of total investments
  • Zero liquid discharge achieved at the Mangaon manufacturing facility
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JTL Industries has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The filing details the company's environmental, social, and governance performance across its steel manufacturing operations.

The company reported a turnover of ₹17,983.76 crore and a net worth of ₹10,860.32 crore for the period. JTL Industries operates six plants and four offices across India, serving customers in over 25 states domestically and more than 20 countries internationally.

Workforce and Safety

The entity employed a total of 1,119 individuals as of March 31, 2026. This includes 208 permanent employees and 911 workers. The workforce is predominantly male, with females constituting only 2.88% of permanent employees and 0.33% of workers.

Category Total Count Male Female
Permanent Employees 208 202 6
Permanent Workers 698 695 3
Non-Permanent Workers 213 213 0

The company conducted health and safety training for 100% of its employees and workers during FY26. No fatalities or lost-time injuries were reported in the current financial year.

Environmental Impact

JTL Industries consumed a total of 267,294,086 units of energy in FY26, comprising renewable and non-renewable sources. The energy intensity per rupee of turnover decreased to 0.015 from 0.019 in the previous year.

Water withdrawal increased to 36,115 kilolitres from 27,964 kilolitres in FY25. The Mangaon plant achieved Zero Liquid Discharge status, utilizing a 10 KLD Sewage Treatment Plant and 3 KLH Effluent Treatment Plant.

Governance and Compliance

The Board of Directors comprises ten members, including one female director. The company recorded zero complaints related to sexual harassment, discrimination, or child labour during the year. No monetary or non-monetary penalties were paid to regulatory authorities.

What the Numbers Show

Related-party transactions saw significant concentration in FY26. Investments in related parties accounted for 96.71% of total investments made by the entity, a sharp increase from 6.54% in the prior year. Similarly, loans and advances given to related parties constituted 98.72% of total loans and advances.

Historical Stock Returns for JTL Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.21%+1.05%+19.80%+70.82%+14.68%-61.32%

How will the sharp increase in related-party transactions to over 96% impact JTL Industries' capital allocation efficiency and minority shareholder interests in the coming fiscal year?

Given the low female representation in the workforce, what specific diversity and inclusion initiatives is JTL Industries planning to implement to improve gender balance in its permanent employee base?

What strategic measures will JTL Industries adopt to manage the rising water withdrawal trends while maintaining Zero Liquid Discharge standards across all six plants?

More News on JTL Industries

1 Year Returns:+14.68%