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JTL Industries Ltd share Price Today

Company details

217.11
223.79
159.10
278.00
6M Return 2.11%
1Y Return 30.67%
Mkt Cap.(Cr) 3,858.13
Volume 485,680
Div Yield 0.12%
OI
-
OI Chg %
-
Volume 485,680

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Iron & Steel Products company JTL Industries announced Q3FY24 results:

Financial Performance:

  • In Q3FY24, JTL Industries reported a significant increase in revenue from operations, with a growth of 65.26% to Rs 5,673.86 million compared to Rs 3,433.31 million in Q3FY23.
  • The company's EBITDA for Q3FY24 rose to Rs 425.09 million, marking an increase of 46.35% from Rs 290.46 million in the same quarter of the previous year.
  • Net Profit After Tax (PAT) for Q3FY24 climbed by 47.23% to Rs 301.82 million from Rs 204.99 million in Q3FY23.

Sales Volume:

  • JTL Industries achieved a record-breaking sales volume of 1,00,905 MT in Q3FY24, representing a substantial 76.05% increase over the 57,317 MT achieved in Q3FY23.
  • The company surpassed its FY23 sales figures in just nine months of FY24.

Market and Product Strategy:

  • The sales mix of Q3FY24 included a decrease in sales of value-added products due to scheduled maintenance, affecting EBITDA margins which decreased slightly by 97 basis points from 8.46% in Q3FY23 to 7.49% in Q3FY24.

Expansion and Investment:

  • JTL Industries has plans to raise capital of Rs 13,100 million to fund a manufacturing capacity expansion in Maharashtra The promoters will contribute Rs 5,400 million, the public and non-promoter category will infuse Rs 2,700 million, and the rest through a QIP.

Guidance for FY24:

  • The management expects revenue to grow by 30-35% from FY23 to FY24.
  • EBITDA for FY24 is anticipated to be in line with the levels seen in FY23.

 

 

 

Result PDF

View Other Company Results

JTL Industries Ltd shares SWOT Analysis

Strengths (5)

  • Company with Low Debt
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
  • Annual Net Profits improving for last 2 years

Weakness (9)

  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (0)

Data not found

Threats (2)

  • Promoter decreasing their shareholding
  • Increasing Trend in Non-Core Income

Resistance and support

R1 222.1
R2 226.3
R3 228.8
Pivot

219.62

S1 215.5
S2 212.9
S3 208.8
EMA SMA
217.7
219.0
221.4
216.5
216.7
217.9
227.7
226.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SAROJ GUPTA Bulk Purchase 2024-06-03 226.7 1043279 NSE
SAROJ GUPTA Bulk Sell 2024-06-03 227.82 1043279 NSE
RAJAN GUPTA Bulk Purchase 2024-05-02 235.01 1393450 NSE
Name Category Shares
Nikita Singla PROMOTER 14.82%
Madan Mohan PROMOTER 14.75%
Rakesh Garg (HUF) PROMOTER 8.64%
Rakesh Garg PROMOTER 7.42%
Dhruv Singla PROMOTER 2.57%
Mithan Lal Singla PROMOTER 2.48%
Pranav Singla PROMOTER 1.24%
Madan Mohan (HUF) PROMOTER 0.83%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

JTL Industries Ltd Stocks COMPARISON

Financials( in Cr) JTL Industries Ltd Tata Steel Ltd JSW Steel Ltd Jindal Steel & Power Ltd Tube Investments of India Ltd
Price 217.96 183.15 921.15 1,052.45 4,307.00
% Change -1.92 0.32 0.59 1.08 1.65
Mcap Cr 3,858.13 228,635.89 225,263.00 107,359.16 83,298.24
Revenue TTM Cr 1,549.92 243,352.69 165,960.00 53,211.52 14,964.73
Net Profit TTM Cr 90.13 8,075.35 4,139.00 3,974.09 1,325.06
PE TTM 33.13 0.00 26.72 18.06 125.33
1 Year Return 30.67 64.78 21.74 97.42 53.98
ROCE 34.06 12.10 8.60 14.17 33.06
ROE 29.81 7.48 6.22 13.27 37.40
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 407.11 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,317.57 -2,589.17
LAST 3M 111,725.82 -36,230.77
LAST 6M 182,653.52 -16,910.03
LAST 12M 290,144.87 98,834.05
JTL INDUSTRIES LIMITED - Updates

Jun 12, 2024 l NSE Announcement

JTL Industries allots 1 lakh equity shares on conversion of warrants

Jun 11, 2024 l BSE Announcement

JTL INDUSTRIES LIMITED - Allotment of Securities

Jun 11, 2024 l NSE Announcement

Date Action Type Ratio
Sep 07, 2023 Bonus 1:1
Aug 04, 2023 Dividend 10

JTL Industries Ltd Information

Stock PE (TTM)
33.13
Promoter Holding
54.3%
Book Value
45.1137
ROCE
34.06%
ROE
29.81%
Description
  • JTL Industries Ltd (Formerly known as JTL Infra Limited) was incorporated on July 29, 1991. The main activity of the Company is to manufacture and sale of ERW Black and Galvanized Steel Pipes & Tubes, development of Infrastructural activities and all other activities. The Company`s newly commissioned manufacturing facilies in Mangaon became fully operational in 2019-20. In 2020-21, Company acquired ready to use manufacturing facilities situated at Mandi Gobindgarh, Punjab, a promoter group entity, and ramped up capacity by 1 lac MTPA at Mangaon Plant later in FY2022. In 2022, it incorporated Wholly Owned Subsidiary Company (WOS) in the name of JTL Tubes Limited effective January 5, 2022. During the Financial Year 2022-23, Chetan Industries Limited got merged with the Company through the Scheme of Amalgamation, which became effective from March 31, 2023. Resulting to merger, name of the Company changed from JTL Infra Limited to JTL Industries Limited.

Registered Address

SCO 18-19, Sector 28-C, Chandigarh, Chandigarh, 160002

Tel : 91-172-4668000
Email : finance:jagan.in; chd:jagan.in
Website : http://www.jtl.one
Registrar

Beetal Fin.&Computer Ser.P Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 534600
NSE Code : JTLIND
Book Closure Date (Month) :
BSE Group : A
ISIN : INE391J01024

FAQ’s on JTL Industries Ltd Shares

You can buy JTL Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy JTL Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:56 PM the closing price of JTL Industries Ltd was Rs.217.96.

The latest PE ratio of JTL Industries Ltd as of Jun 14, 2024 03:56 PM is 33.13

The latest PB ratio of JTL Industries Ltd as of Jun 14, 2024 03:56 PM is 0.21

The 52-week high of JTL Industries Ltd share price is Rs. 278.00 while the 52-week low is Rs. 159.10

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 Jun 14, 2024 03:56 PM, the market cap of JTL Industries Ltd stood at Rs. 3,858.13.

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