JTL Industries Reports 48% QoQ EBITDA Growth and 34% PAT Increase in Q2 FY26

JTL Industries , a leading manufacturer of steel tubes, pipes, and structures, has released its financial results for the second quarter of fiscal year 2026, showing significant quarter-on-quarter improvements in EBITDA and Profit After Tax (PAT).

Financial Highlights

Particulars	Q2 FY26	QoQ Change
EBITDA	₹346.53	+48%
PAT	₹221.61	+34%
EBITDA Margin	8.07%	-
EBITDA per MT	₹4,247.00	+83%
Sales Volume	81,593	-
Total Income	₹4,312.83	-

JTL Industries reported a consolidated EBITDA of ₹346.53 million for Q2 FY26, marking a 48% increase quarter-on-quarter. The company's Profit After Tax (PAT) also saw a significant rise, increasing by 34% to ₹221.61 million compared to the previous quarter.

The EBITDA margin stood at 8.07%, while EBITDA per metric tonne surged by 83% to ₹4,247.00, indicating improved operational efficiency. Sales volume for Q2 reached 81,593 MT, with total income standing at ₹4,312.83 million.

Half-Yearly Performance

For the first half of FY26, JTL Industries reported:

Particulars	H1 FY26	YoY Change
Sales Volume	182,210	+3.5%
Total Income	₹9,808.90	-

The company's sales volumes for the first half of FY26 increased by 3.5% year-on-year to 182,210 MT, with total income reaching ₹9,808.90 million.

Technological Advancements and Expansion

JTL Industries achieved a significant technological milestone by producing its first batch of 0.04mm ultra-thin brass foil for the defense and industrial foil segment. This development showcases the company's commitment to innovation and diversification of its product portfolio.

Furthermore, the company announced a capacity expansion with a new ERW pipe manufacturing line. This expansion is focused on producing API-grade, high-thickness pipes for oil & gas, water transmission, and City Gas Distribution (CGD) sectors, demonstrating JTL's strategic move into high-value segments.

Manufacturing Capacity

JTL Industries currently operates manufacturing facilities across three states:

Punjab
Maharashtra
Chhattisgarh

The company's cumulative capacity for pipe manufacturing stands at 936,000 MTPA (Metric Tonnes Per Annum).

Conclusion

JTL Industries' Q2 FY26 results present a picture of strong quarter-on-quarter growth, particularly in EBITDA and PAT. The company's ability to enhance its operational efficiency, as evidenced by the significant increase in EBITDA per metric tonne, is a positive sign. The technological advancements and capacity expansion plans indicate JTL's focus on innovation and strategic growth in high-value segments. As the company continues to expand its manufacturing capabilities and diversify its product range, investors and analysts will likely be watching closely to see how these initiatives translate into sustained growth and profitability in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+6.32%	+13.84%	-2.85%	-5.02%	-27.25%	+18.97%

JTL Industries Limited , a prominent steel tube manufacturer, has announced a significant expansion of its non-ferrous product line with the introduction of Continuous Cast (CC) Copper. This strategic move is set to double the company's production capacity and cater to high-growth sectors such as electric vehicles and renewable energy.

Production Capacity Boost

JTL Industries, known for its steel tube manufacturing, is making strides in the non-ferrous segment. The company has outlined an ambitious plan to scale up its production:

Metric	Current	Near-Term Target	End of Q4 Target
Monthly Production	100 MT	200 MT	500 MT
Product Range	Brass	Brass + CC Copper	Brass + CC Copper

The introduction of CC Copper is expected to immediately double the company's monthly production from the current 100 metric tonnes to approximately 200 metric tonnes.

Technical Advancements

The new CC Copper product brings technical improvements that could give JTL Industries an edge in precision manufacturing:

Thickness Achievement: CC Copper can achieve a thickness of 0.08 mm
Existing Brass Products: Manufactured at 18 mm thickness, processed down to 0.04 mm

This advancement in thickness precision opens up new possibilities for applications requiring high conductivity and exactitude.

Target Sectors

JTL Industries is positioning its CC Copper product to serve several high-growth sectors:

Electric Vehicles (EVs): Applications in battery connectors, busbars, and motor windings
Renewable Energy: Used in solar panels, inverters, and wind turbine components
Infrastructure & Power Distribution: Applied in wiring, switchgear, and earthing applications

These sectors are at the forefront of technological advancement and sustainable development, potentially providing JTL Industries with robust demand for its new product.

Strategic Implications

The expansion into CC Copper production aligns with JTL Industries' focus on high-margin, technology-driven offerings. This move could strengthen the company's position in the non-ferrous market and diversify its revenue streams beyond its core steel tube business.

JTL Industries, with manufacturing facilities in Punjab, Maharashtra, and Chhattisgarh, boasts a cumulative capacity of approximately 936,000 MTPA for pipe manufacturing. As a recognized "Three Star Export House," the company's strategic expansion into the non-ferrous segment with CC Copper could potentially enhance its export capabilities and market reach.

As JTL Industries ramps up production to meet its target of 500 metric tonnes per month by the end of Q4, investors and industry observers will be keen to see how this expansion impacts the company's market position and financial performance in the coming quarters.