JTL Industries
66.50
-0.58(-0.86%)
Market Cap₹2,613.99 Cr
PE Ratio32.06
Company Performance:
1D-0.86%
1M-2.62%
6M-3.48%
1Y-33.46%
5Y+16.14%
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More news about JTL Industries
17Oct 25
JTL Industries Expands Non-Ferrous Portfolio with CC Copper Launch, Targets EV and Renewable Energy Sectors
JTL Industries Limited, a steel tube manufacturer, is expanding its non-ferrous product line with Continuous Cast (CC) Copper. The company plans to double its monthly production from 100 MT to 200 MT initially, aiming for 500 MT by Q4. The new CC Copper product can achieve a thickness of 0.08 mm, compared to their brass products at 0.04 mm. JTL is targeting high-growth sectors including electric vehicles, renewable energy, and infrastructure. This expansion aligns with the company's focus on high-margin, technology-driven offerings and could diversify its revenue streams beyond steel tubes.
13Oct 25
JTL Industries Secures NCLT Approval for Strategic Acquisition of RCI Industries at Rs 46.5 Crores
JTL Industries Limited has received NCLT approval to acquire RCI Industries & Technologies Limited for Rs 46.50 crores. The acquisition marks JTL's entry into the copper and non-ferrous metals segment, diversifying its product portfolio. RCI's manufacturing facility in Baddi, Himachal Pradesh, has an installed capacity of 18,000 MTPA for brass and copper strips, and 2,000 MTPA each for copper wires and cables. JTL expects this strategic move to contribute significantly to its topline by FY27, provide access to new markets including defense components, and expand its client base. The company plans to scale and modernize RCI Industries through capital infusion, capacity expansion, and R&D-driven innovation.
11Oct 25
JTL Industries Secures NCLT Approval for Rs 46.50 Crore Acquisition of RCI Industries
JTL Industries Limited's resolution plan to acquire 95% of RCI Industries & Technologies Limited has been approved by the NCLT, New Delhi. The acquisition, valued at Rs 46.50 crores, is to be completed within 60 days of approval. RCI Industries, a BSE-listed company, specializes in copper, brass, aluminum, and stainless steel products, with a 27,000 square meter facility in Baddi, Himachal Pradesh. This strategic move will broaden JTL's product range in the non-ferrous metal sector, particularly in copper products. RCI's production capacity includes 18,000 MTPA for brass and copper strips and 2,000 MTPA for copper wires and cables. The acquisition comes amid a significant decline in RCI's turnover, from Rs 1,642.36 crores in 2018-19 to Rs 1.18 crores in 2024-25.
06Oct 25
JTL Industries Achieves Record H1 FY26 Volumes Despite Flood Challenges
JTL Industries reported its highest half-year volumes for H1 FY26, reaching 182,210 metric tons, a 3.50% increase year-over-year. The company achieved this growth despite facing flood-related challenges, demonstrating operational resilience and effective management strategies.
23Sept 25
JTL Industries Shareholders Approve Key Board Changes and ESOP Scheme
JTL Industries Limited held its 34th AGM on September 23, 2025, approving key resolutions. Shareholders reappointed Whole-time Directors Dhruv Singla and Pranav Singla for five-year terms. Mr. Jagdeep Kumar Goel, a former IRS officer, was appointed as a Non-Executive Non-Independent Director. The company introduced an Employee Stock Option Scheme allowing issuance of up to 30,00,000 stock options. Financial statements were approved, and a final dividend of Rs. 0.125 per share was declared for FY 2024-25 for public category shareholders.
18Sept 25
JTL Industries Secures Prestigious Three Star Export House Status
JTL Industries Limited, a steel tube manufacturer, has been granted 'Three Star Export House' status by India's Directorate General of Foreign Trade. The accreditation is valid from September 4, 2025, to September 4, 2030. This status offers benefits like faster customs clearances and access to export promotion schemes, potentially boosting the company's global expansion and competitiveness. JTL Industries, with manufacturing facilities in Punjab, Maharashtra, and Chhattisgarh, has a pipe manufacturing capacity of 936,000 MTPA and backward integration capacity of 300,000 MTPA.
11Sept 25
JTL Industries Announces CFO Change and Joint Bidding Agreement with Nalwa Steel
JTL Industries Limited announced key changes in its leadership and strategic partnerships. Mr. Atul Garg stepped down as CFO, replaced by Mr. Naveen Kumar Laroiya, who brings 35 years of experience across various sectors. The company also approved a Joint Bidding Agreement with Nalwa Steel and Power Limited for participation in a SEBI-organized e-auction, with a 50:50 consortium ratio.
27Aug 25
JTL Industries Announces Key Leadership Changes and Employee Stock Option Scheme
JTL Industries Limited has made significant changes to its leadership structure and introduced an employee stock option scheme. The company reappointed Madan Mohan as Managing Director, and Dhruv Singla and Pranav Singla as Executive Directors for five years. Jagdeep Kumar Goel, with over 30 years of experience in taxation and finance, joins as an Additional Director. The board approved the JTL Industries Limited Employees Stock Option Scheme 2025. The 34th Annual General Meeting is scheduled for September 23, 2025, with a record date for dividend set as September 12, 2025.
18Jul 25
JTL Industries Expands Product Line with ASTM/API-Grade Pipe Production
JTL Industries Limited has announced plans to diversify its product portfolio by venturing into the production of ASTM/API-grade pipes. This strategic move aims to position the company in higher-grade markets, particularly in the oil & gas and water transmission sectors. The expansion is expected to open up new opportunities in sectors demanding high-quality, standardized piping solutions. While specific financial projections were not disclosed, this move aligns with the company's strategy to diversify revenue streams, increase market share, and enhance its competitive edge in the manufacturing sector.
18Jul 25
JTL Industries Unveils Ambitious Growth Strategy, Sets Export and EBITDA Targets
JTL Industries, a steel pipe manufacturer, has announced strategic targets during its earnings call. The company aims to increase exports to 10% of total sales and achieve an EBITDA of over ₹5,000 per ton by FY28. Sales volume targets include 500,000 tons in FY26 with a 30% growth projected for FY27. A capex budget of ₹240-250 crore (±10%) is planned for FY26. The company discussed these goals and its unaudited Q1 FY26 results in a recent conference call.
17Jul 25
JTL Industries Reports Mixed Q1 FY26 Results with Revenue Growth and Profit Decline
JTL Industries, a steel tubes and pipes manufacturer, released Q1 FY26 results showing revenue growth but declining profitability. Consolidated revenue increased 5.47% to ₹543.86 crore, with sales volumes up 26.5% to 1,08,406 metric tons. However, net profit fell 46.10% to ₹16.55 crore. EBITDA decreased to ₹23.37 crore, with margin contracting to 4.3%. The company produced its first batch of 0.04 mm brass foil and announced plans for a new ERW pipe manufacturing line. Management highlighted record quarterly sales volume despite challenges.
16Jul 25
JTL Industries Reports Q1 Results: Revenue Stable, Profits Decline
JTL Industries Limited's Q1 financial results show a 5.47% increase in consolidated revenue to ₹543.86 crore. However, profitability declined significantly with EBITDA falling 47.87% to ₹20.80 crore and net profit decreasing 46.81% to ₹16.33 crore. The EBITDA margin contracted to 4.13% from 7.75% in the previous year's quarter.
10Jul 25
JTL Industries Unveils Ambitious Expansion Plan to Double Revenue
JTL Industries announces a strategic expansion plan to more than double its annual revenue from the current ₹2,000 crore. The company aims to diversify into high-margin sectors including Oil & Gas, Water Transmission, and City Gas Distribution. JTL Industries is targeting EBITDA margins of ₹7,000–₹8,000 per metric ton. The plan includes entry into the API-grade ERW pipe segment and expanding its product range to over 500 SKUs.
10Jul 25
JTL Industries Boosts Capacity with New 300,000 MTPA ERW Production Line, Plans Additional Facility
JTL Industries has introduced a new ASTM/API-Grade ERW production line with an annual capacity of 300,000 MTPA. The company also plans to set up another facility with the same capacity within 12 months, targeting the ASTM/API-grade pipe market. This expansion is expected to boost JTL's production capabilities, market competitiveness, and quality assurance. The market responded positively, with JTL's share price hitting a four-month high, rising 6.26% to Rs 85.96.
01Jul 25
JTL Industries Achieves Record Sales Volume in Q1 FY26, Reports 26.5% YoY Growth
JTL Industries achieved a sales volume of 108,406.00 metric tons in Q1 FY26, marking a 26.50% year-on-year increase. This record-breaking performance demonstrates the company's strong market position and growing product demand. The significant growth may lead to improved operational efficiency and increased investor confidence. However, a complete assessment of the company's financial health would require additional metrics beyond sales volume.
27May 25
JTL Industries Reports Decline in Q4 EBITDA and Margin, Stable Revenue
JTL Industries' Q4 results show unchanged revenue at ₹4.66 billion, but a significant 42.37% drop in net profit to ₹167.70 million. EBITDA decreased to ₹174.00 million from ₹367.40 million, with EBITDA margin falling to 3.73% from 7.89% year-over-year. The contrast between stable revenue and declining profitability raises questions about the company's cost management and operational efficiency.
23May 25
JTL Industries Expands Product Line with Ultra-Thin Brass Foil for Defence and Industrial Markets
JTL Industries has introduced a new line of non-ferrous ultra-thin brass foil with a thickness range of 0.04–0.1 mm. The product is targeted at the defence and industrial markets, potentially diversifying the company's revenue streams and strengthening its position in these sectors. This launch demonstrates JTL Industries' innovation capabilities and responsiveness to specialized market demands.
16Apr 25
ED Raids JTL Industries: Investigation Underway
The Enforcement Directorate (ED) has initiated raids on JTL Industries' locations, suggesting potential financial irregularities or regulatory non-compliance. While specific details are undisclosed, the action may lead to operational disruption and reputational concerns for the company. JTL Industries has not yet issued an official statement. The investigation's outcome remains uncertain, and stakeholders are advised to monitor future updates from the company and regulatory authorities.
01Apr 25
JTL Industries Achieves 13% Sales Volume Growth in FY25, Reaching 387,555 MT
JTL Industries, a key industrial sector player, reported a 13% year-on-year increase in sales volume for FY25, reaching a total of 387,555 metric tons. This significant growth indicates strong market performance and potential expansion, suggesting increased demand for the company's products or improved operational efficiency.
24Mar 25
JTL Industries Boosts Production Capacity with Advanced Technology at Maharashtra Facility
JTL Industries has implemented Direct Forming Technology at its Mangaon facility in Maharashtra, increasing annual production capacity from 200,000 MTPA to 450,000 MTPA. The expansion includes 250,000 MT of Advanced Direct Forming Technology for square tube manufacturing. This upgrade positions the company to meet growing market demands, potentially expand market share, and enhance operational efficiency.
12Mar 25
JTL Industries Strengthens Portfolio with Incorporation of JTL Engineering Limited
JTL Industries Limited has incorporated a new subsidiary, JTL Engineering Limited, previously operating as Nabha Steels & Metals. This strategic move aims to enhance market position and operational efficiency. The new subsidiary's sales and revenue will be reflected in JTL Industries' consolidated financials. JTL Engineering has already achieved a production rate of 5,000 metric tons per month of HR coils in Phase-I expansion and reported sales volume of 33,277 MT in the first nine months of FY2025.
JTL Industries
66.50
-0.58
(-0.86%)
1 Year Returns:-33.46%
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