Loading...
534600 logo

JTL Industries LimitedBSE:534600 Stock Report

Market Cap ₹31.1b
Share Price
₹81.26
₹108.33
25.0% undervalued intrinsic discount
1Y8.7%
7D5.9%
1D
Portfolio Value
View

JTL Industries Limited

BSE:534600 Stock Report

Market Cap: ₹31.1b

JTL Industries (534600) Stock Overview

Manufactures and sells iron and steel products in India and internationally. More details

534600 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance1/6
Financial Health5/6
Dividends1/6

534600 Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

JTL Industries Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for JTL Industries
Historical stock prices
Current Share Price₹81.26
52 Week High₹86.03
52 Week Low₹40.31
Beta0.81
1 Month Change15.54%
3 Month Change64.73%
1 Year Change8.74%
3 Year Change-4.67%
5 Year Change251.55%
Change since IPO1,447.81%

Recent News & Updates

Narrative Update Jun 11

534600: Upcoming Dividend And Audit Decisions Will Support Bullish Outlook

Analysts now place JTL Industries' price target at ₹108.33 per share, with the adjustment framed mainly around refreshed assumptions for discount rate, revenue growth, profit margin, and future P/E. These changes align with updated valuation work rather than a major shift in the underlying thesis.
Narrative Update May 28

534600: Upcoming Board Decisions On Dividend And Audits Will Support Bullish Outlook

Analysts now place JTL Industries' price target at ₹108.33, compared with an earlier estimate of ₹94.33. The revision reflects updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.

Recent updates

Narrative Update Jun 11

534600: Upcoming Dividend And Audit Decisions Will Support Bullish Outlook

Analysts now place JTL Industries' price target at ₹108.33 per share, with the adjustment framed mainly around refreshed assumptions for discount rate, revenue growth, profit margin, and future P/E. These changes align with updated valuation work rather than a major shift in the underlying thesis.
Narrative Update May 28

534600: Upcoming Board Decisions On Dividend And Audits Will Support Bullish Outlook

Analysts now place JTL Industries' price target at ₹108.33, compared with an earlier estimate of ₹94.33. The revision reflects updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
Narrative Update Apr 20

534600: Future Earnings Power Will Be Supported By Planned Powersol Stake Acquisition

Analysts have kept JTL Industries' fair value estimate steady at ₹112.0, with only small model tweaks to revenue growth, profit margin and future P/E assumptions driving this latest price target update. What's in the News JTL Industries received a Provisional Attachment Order from the Income Tax Department for one company property in Raigad, Maharashtra, under section 24(4)(b)(i) of the PBPT Act, 1988.
Narrative Update Apr 06

534600: Future Earnings Power Will Be Supported By Planned Powersol Stake Acquisition

Analysts have kept JTL Industries' fair value estimate steady at ₹112.0 per share, as small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions largely offset each other in their updated model. What's in the News The Income Tax Department issued a Provisional Attachment Order on one of JTL Industries' properties in Raigad, Maharashtra under section 24(4)(b)(i) of the PBPT Act, 1988, with the company indicating no impact on its operations or financial position from this action (Regulatory filing).
Narrative Update Mar 22

534600: Future Earnings Power Will Be Supported By Planned Powersol Stake Acquisition

Analysts have kept the JTL Industries price target steady at ₹112, citing largely unchanged fair value estimates, along with small tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E multiples. What's in the News JTL Industries received a Provisional Attachment Order under section 24(4)(b)(i) of the PBPT Act, 1988 from the Income Tax Department for a property in Raigad, Maharashtra, with the company stating that the order does not affect its operations or financial position.
Narrative Update Mar 06

534600: Future Earnings Power Will Be Supported By Planned Powersol Stake Acquisition

Analysts have maintained their fair value estimate for JTL Industries at ₹112.0 per share, reflecting only minor adjustments to the discount rate, revenue growth, profit margin assumptions and future P/E expectations, rather than any change in their overall view of the company. What's in the News Board meeting scheduled for Feb 23, 2026 to consider acquiring 47.97% of the equity share capital of Powersol Metalcraft Limited, among other agenda items (Board Meeting filing).
Narrative Update Feb 19

534600: Future Earnings Power Will Be Supported By New Transmission Infrastructure Contract

Analysts have nudged their price target for JTL Industries to ₹112.00 from ₹112.00. This reflects slightly updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions, while keeping the headline target unchanged.
Narrative Update Feb 05

534600: Future Earnings Power Will Be Driven By New Power Transmission Contract

Analysts now set their price target for JTL Industries at $112, up from $106. The revised target reflects updated assumptions that incorporate adjusted discount rates, revenue growth, profit margin expectations, and a higher future P/E multiple.
Narrative Update Jan 22

534600: Future Earnings Power Will Be Driven By Power Transmission Order Execution

Analysts have lifted their price target on JTL Industries to $106.00, citing updated assumptions around slightly lower discount rates, modestly higher projected revenue growth of about 44% and profit margins just above 6%, along with a marginally lower assumed future P/E multiple. What's in the News Board meeting scheduled for January 24, 2026, to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Jan 08

534600: Future Earnings Power Will Be Driven By Expanding Non Ferrous Output

Analysts have kept JTL Industries' fair value estimate steady at $106.00, with only modest tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions shaping this latest price target update. What's in the News JTL Industries issued revenue guidance for the fourth quarter of fiscal 2025, indicating expected sales volume of 140,000 to 150,000 tonnes in the period (Key Developments).
Narrative Update Dec 14

534600: Future Earnings Power Will Be Driven By Expanding Non Ferrous Output

Analysts have reduced their price target on JTL Industries from 141.00 dollars to 106.00 dollars, citing a higher required discount rate and a more conservative profit margin outlook, partly offset by stronger projected revenue growth and a lower assumed future price to earnings multiple. What's in the News Introduced CC Copper (Continuous Cast Copper) as a new SKU in its non ferrous portfolio, doubling total monthly non ferrous output from 100 to 200 metric tonnes and enhancing capabilities for high conductivity applications (Key Developments).
Narrative Update Sep 14

Expansion Into Niche Materials And Certifications Will Open Future Markets

The downward revision in the Analyst Price Target for JTL Industries reflects a decline in net profit margin and a slightly weaker revenue growth outlook, lowering the fair value estimate from ₹105.80 to ₹94.33. What's in the News CFO transition: Mr. Atul Garg resigns as Chief Financial Officer, replaced by Mr. Naveen Kumar Laroiya.
User avatar
New Narrative Feb 02

Capacity Expansion And Rising Exports To Drive Future Success

Expansion and acquisitions enhance operational capabilities, boosting sales volume, revenue growth, and potential to improve net margins through economies of scale.

Shareholder Returns

534600IN Metals and MiningIN Market
7D5.9%0.4%2.8%
1Y8.7%24.2%0.9%

Return vs Industry: 534600 underperformed the Indian Metals and Mining industry which returned 24.2% over the past year.

Return vs Market: 534600 exceeded the Indian Market which returned 0.9% over the past year.

Price Volatility

Is 534600's price volatile compared to industry and market?
534600 volatility
534600 Average Weekly Movement11.9%
Metals and Mining Industry Average Movement7.0%
Market Average Movement7.1%
10% most volatile stocks in IN Market10.2%
10% least volatile stocks in IN Market4.6%

Stable Share Price: 534600's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: 534600's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1991738Madan Singlawww.jtl.one

JTL Industries Limited manufactures and sells iron and steel products in India and internationally. It offers DFT Structural Steel Pipes, galvanized steel tubes and pipes, solar module mounting structures, hollow steel section, solar mounting structures, steel tubular poles, and metal crash barriers. The company sells product under JTL ULTRA, JTL HULK, JTL HARVEST, JTL AQUA, JTL GALV-COAT, JTL AGNIRODHI, JTL SOLARIUM, JTL GUARD, JTL UNIO, and JTL PETROGAS brands.

JTL Industries Limited Fundamentals Summary

How do JTL Industries's earnings and revenue compare to its market cap?
534600 fundamental statistics
Market cap₹31.11b
Earnings (TTM)₹984.70m
Revenue (TTM)₹21.36b
32.4x
P/E Ratio
1.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
534600 income statement (TTM)
Revenue₹21.36b
Cost of Revenue₹18.20b
Gross Profit₹3.16b
Other Expenses₹2.18b
Earnings₹984.70m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.51
Gross Margin14.80%
Net Profit Margin4.61%
Debt/Equity Ratio16.0%

How did 534600 perform over the long term?

See historical performance and comparison

Dividends

0.2%
Current Dividend Yield
5%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/22 17:23
End of Day Share Price 2026/06/22 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

JTL Industries Limited is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
Suman KumarDolat Capital Market Pvt. Ltd.
Prateek ParekhNuvama Wealth Management Limited