Reported Earnings • May 15
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: ₹2.62. Revenue: ₹21.5b (up 12% from FY 2025). Net income: ₹984.7m (flat on FY 2025). Profit margin: 4.6% (down from 5.2% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹69.35, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Metals and Mining industry in India. Total loss to shareholders of 10% over the past three years. Announcement • May 02
JTL Industries Limited to Report Q4, 2026 Results on May 11, 2026 JTL Industries Limited announced that they will report Q4, 2026 results on May 11, 2026 Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹81.39, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Metals and Mining industry in India. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹40.80, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Metals and Mining industry in India. Total loss to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹53.49, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Metals and Mining industry in India. Total loss to shareholders of 34% over the past three years. Announcement • Feb 24
JTL Industries Limited (BSE:534600) agreed to acquire 47.97% stake in Powersol Metalcraft Limited for INR 81 million. JTL Industries Limited (BSE:534600) agreed to acquire 47.97% stake in Powersol Metalcraft Limited for INR 81 million on February 23, 2026. A cash consideration of INR 81 million will be paid by JTL Industries Limited. As part of consideration, INR 81 million is paid towards common equity of Powersol Metalcraft Limited. Pursuant to the acquisition, PML will become an Associate Company of JTL Industries Limited.
For the period ending March 31, 2025, Powersol Metalcraft Limited reported total revenue of INR 1.51 billion.
The transaction is subject to approval of offer by JTL Industries Limited board. The deal has been approved by the board. The expected completion of the transaction is February 24, 2026. Price Target Changed • Jan 27
Price target increased by 13% to ₹99.67 Up from ₹88.00, the current price target is an average from 3 analysts. New target price is 33% above last closing price of ₹75.05. Stock is down 21% over the past year. The company is forecast to post earnings per share of ₹2.30 for next year compared to ₹2.60 last year. Reported Earnings • Jan 25
Third quarter 2026 earnings released: EPS: ₹0.67 (vs ₹0.63 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.67 (up from ₹0.63 in 3Q 2025). Revenue: ₹4.74b (up 5.0% from 3Q 2025). Net income: ₹263.2m (up 5.5% from 3Q 2025). Profit margin: 5.6% (up from 5.5% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Jan 19
JTL Industries Limited to Report Q3, 2026 Results on Jan 24, 2026 JTL Industries Limited announced that they will report Q3, 2026 results at 9:15 AM, Indian Standard Time on Jan 24, 2026 Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹69.88, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Metals and Mining industry in India. Total loss to shareholders of 21% over the past three years. New Risk • Jan 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹68.52, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Metals and Mining industry in India. Total loss to shareholders of 8.5% over the past three years. Reported Earnings • Nov 11
Second quarter 2026 earnings released: EPS: ₹0.56 (vs ₹0.69 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.56 (down from ₹0.69 in 2Q 2025). Revenue: ₹4.31b (down 10% from 2Q 2025). Net income: ₹214.2m (down 19% from 2Q 2025). Profit margin: 5.0% (down from 5.5% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year. Announcement • Nov 03
JTL Industries Limited to Report Q2, 2026 Results on Nov 10, 2025 JTL Industries Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 10, 2025 Announcement • Oct 20
JTL Industries Limited Expands Non-Ferrous Portfolio with Launch of CC Copper JTL Industries Limited announced the introduction of CC Copper (Continuous Cast Copper) as a new SKU, marking a significant advancement in its non-ferrous product lineup. Until now, the company's operations have been focused on brass production, with an output of approximately 100 metric tonnes per month. With the launch of CC Copper, total monthly production is set to double to around 200 metric tonnes, strengthening JTL's position in the non-ferrous segment. JTL's existing brass products, manufactured at 18 mm thickness and further processed down to as low as 0.04 mm, have been successfully serving diverse industrial applications. With CC Copper, the company will now achieve a thickness of 0.08 mm, enabling superior electrical and thermal performance. This expansion unlocks new opportunities across high-growth sectors such as: Electric Vehicles (EVs): Used in battery connectors, busbars, and motor windings where high conductivity and precision are essential. Renewable Energy: Applied in solar panels, inverters, and wind turbine components that require efficient power transfer. Infrastructure & Power Distribution: Used for wiring, switchgear, and earthing applications supporting large-scale electrification and grid modernization. The company's near-term objective is to ramp up total production to 500 metric tonnes per month by the end of Q4, driven by operational optimization, process improvements, and growing market demand. These products form an integral part of JTL's value-added portfolio, reinforcing its strategic focus on high-margin, technology-driven offerings catering to future-ready industries. Board Change • Sep 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive & Non-Independent Director Jagdeep Goel was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Sep 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Declared Dividend • Aug 29
Dividend of ₹0.13 announced Shareholders will receive a dividend of ₹0.13. Ex-date: 12th September 2025 Payment date: 23rd October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (5% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 175% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 28
JTL Industries Limited, Annual General Meeting, Sep 23, 2025 JTL Industries Limited, Annual General Meeting, Sep 23, 2025, at 11:30 Indian Standard Time. Reported Earnings • Jul 17
First quarter 2026 earnings released: EPS: ₹0.42 (vs ₹0.86 in 1Q 2025) First quarter 2026 results: EPS: ₹0.42 (down from ₹0.86 in 1Q 2025). Revenue: ₹5.44b (up 5.5% from 1Q 2025). Net income: ₹163.2m (down 47% from 1Q 2025). Profit margin: 3.0% (down from 6.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 07
JTL Industries Limited to Report Q1, 2026 Results on Jul 16, 2025 JTL Industries Limited announced that they will report Q1, 2026 results on Jul 16, 2025 New Risk • Jun 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (55% accrual ratio). Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹79.72, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 53% over the past three years. Reported Earnings • May 28
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹2.60 (down from ₹3.31 in FY 2024). Revenue: ₹19.4b (down 5.0% from FY 2024). Net income: ₹988.2m (down 13% from FY 2024). Profit margin: 5.1% (down from 5.5% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year. Price Target Changed • May 28
Price target decreased by 13% to ₹116 Down from ₹132, the current price target is an average from 5 analysts. New target price is 68% above last closing price of ₹68.90. Stock is down 35% over the past year. The company is forecast to post earnings per share of ₹3.48 for next year compared to ₹2.60 last year. Announcement • May 19
JTL Industries Limited to Report Q4, 2025 Results on May 27, 2025 JTL Industries Limited announced that they will report Q4, 2025 results on May 27, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹71.94, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 29% over the past three years. New Risk • Apr 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹80.88, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 23% over the past three years. Board Change • Mar 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Woman Independent Director Raman Chadha was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 29
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: ₹0.63 (down from ₹0.89 in 3Q 2024). Revenue: ₹4.54b (down 20% from 3Q 2024). Net income: ₹249.4m (down 17% from 3Q 2024). Profit margin: 5.5% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 53%. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year. Announcement • Jan 28
JTL Industries Limited Announces Cessation of Preet Bhatia as Independent Director, Effective 12 February, 2025 JTL Industries Limited announced that Mrs. Preet Bhatia (DIN:07070977) will cease to be an Independent Director on the Board of the company with effect from closing hours of 12th February, 2025 on completion of her second term as an Independent Director on the Board of the company. Announcement • Jan 22
JTL Industries Limited to Report Q3, 2025 Results on Jan 28, 2025 JTL Industries Limited announced that they will report Q3, 2025 results on Jan 28, 2025 Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹110, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Metals and Mining industry in India. Total returns to shareholders of 71% over the past three years. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: ₹1.39 (vs ₹1.64 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.39 (down from ₹1.64 in 2Q 2024). Revenue: ₹4.80b (down 4.5% from 2Q 2024). Net income: ₹263.6m (down 5.6% from 2Q 2024). Profit margin: 5.5% (down from 5.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Announcement • Oct 26
JTL Industries Limited to Report Q2, 2025 Results on Oct 30, 2024 JTL Industries Limited announced that they will report Q2, 2025 results on Oct 30, 2024 Announcement • Aug 16
JTL Industries Limited, Annual General Meeting, Sep 14, 2024 JTL Industries Limited, Annual General Meeting, Sep 14, 2024, at 11:30 Indian Standard Time. Announcement • Aug 14
JTL Industries Limited Appoints Amit Gaur as Chief Strategy Officer JTL Industries Limited at its board of directors meeting held on August 14, 2024, based on the recommendation of the Nomination and Remuneration Committee of the Company, has appointed Mr. Amit Gaur as Chief Strategy Officer (CSO)- Senior Management Personnel of the Company effective from August 14, 2024. Mr. Amit Gaur is a distinguished Chartered Accountant with 18 years of extensive experience in Accounting, Finance, and Strategic Management. His robust expertise spans across various sectors, encompassing roles in finalization of accounts, regulatory reporting, financial planning, taxation, internal audit, and administrative functions. His career is marked by a consistent track record of accomplishments and leadership in finance and strategy. Board Change • Jul 30
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director of Operations & Whole Time Director Sanjeev Gupta was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 11
First quarter 2025 earnings released: EPS: ₹1.73 (vs ₹1.50 in 1Q 2024) First quarter 2025 results: EPS: ₹1.73 (up from ₹1.50 in 1Q 2024). Revenue: ₹5.15b (up 2.1% from 1Q 2024). Net income: ₹307.0m (up 21% from 1Q 2024). Profit margin: 6.0% (up from 5.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Announcement • Jul 05
JTL Industries Limited to Report Q1, 2025 Results on Jul 10, 2024 JTL Industries Limited announced that they will report Q1, 2025 results on Jul 10, 2024 New Risk • Jun 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (41% accrual ratio). Minor Risk Shareholders have been diluted in the past year (4.8% increase in shares outstanding). Price Target Changed • May 16
Price target decreased by 9.1% to ₹269 Down from ₹296, the current price target is provided by 1 analyst. New target price is 25% above last closing price of ₹215. Stock is up 39% over the past year. The company is forecast to post earnings per share of ₹9.50 for next year compared to ₹6.63 last year. Reported Earnings • May 12
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹6.63 (up from ₹5.34 in FY 2023). Revenue: ₹20.5b (up 32% from FY 2023). Net income: ₹1.13b (up 25% from FY 2023). Profit margin: 5.5% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 5.5%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Metals and Mining industry in India. Announcement • May 11
JTL Industries Limited Proposes Dividend for the Financial Year Ended March 31, 2024 JTL Industries Limited at its board meeting held on May 10, 2024, recommended an equity dividend of INR 0.25/- per share of face value of INR 2/- each i.e. @ 12.50% for the financial year ended March 31, 2024, on Equity Shares, which shall be subject to declaration of the same by the Members at the 33rd AGM of the Company. The Dividend, if declared at the AGM, shall be paid to the shareholders within 30 days of declaration of the same at the ensuing Annual General Meeting. Announcement • May 05
JTL Industries Limited to Report Q4, 2024 Results on May 10, 2024 JTL Industries Limited announced that they will report Q4, 2024 results on May 10, 2024 Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹240, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 53% over the past year. Announcement • Apr 09
JTL Industries Limited (BSE:534600) agreed to acquire 67% stake in Nabha Steels and Metals-Mandi JTL Industries Limited (BSE:534600) agreed to acquire 67% stake in Nabha Steels and Metals-Mandi on April 9, 2024. The consideration consists of INR 700 million in cash. As part of the consideration, INR 700 million was paid towards common equity. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₹193, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 21% over the past year. Announcement • Feb 02
JTL Industries Limited announced that it has received INR 1.6875 billion in funding from YVS CONSTRUCTION PRIVATE LIMITED On February 2, 2024, JTL Industries Limited closed the transaction. The company issued 250,00,000 fully convertible warrants at a price of INR 67.5 per warrant for gross proceeds for INR 1,687,500,000. The transaction included participation from new investors Nikita Singla for 5,000,000 warrants; Rakesh Garg for 5,000,000 warrants; Dhruv Singla for 5,000,000 warrants; Pranav Singla for 5,000,000 warrants and YVS Construction Private Limited for 5,000,000 warrants. Reported Earnings • Jan 13
Third quarter 2024 earnings released: EPS: ₹1.77 (vs ₹1.55 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.77 (up from ₹1.55 in 3Q 2023). Revenue: ₹5.68b (up 103% from 3Q 2023). Net income: ₹301.8m (up 49% from 3Q 2023). Profit margin: 5.3% (down from 7.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Metals and Mining industry in India. Announcement • Jan 12
JTL Industries Limited Announces CFO Changes, Effective 12 January, 2024 JTL Industries Limited announced that at its board meeting held on 12 January, 2024, the Board has accepted the resignation of Mr. Dhruv Singla as Chief Financial Officer (Key Managerial Personnel u/s 203 of the Companies Act, 2013) of the Company effective 12th January, 2024, although Mr. Dhruv Singla shall continue to serve as a Whole Time Director of the Company. Further, on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, the Board of Directors has, in today's Meeting appointed Mr. Atul Garg as the Chief Financial Officer (Key Managerial Personnel u/s 203 of the Companies Act, 2013) of the Company effective 12 January, 2024, Mr. Atul Garg is dynamic and experienced Chartered Accountant with 17 Years of experience in corporates and large manufacturing set-ups including a listed entity i.e. Jagatjit Industries Limited. He graduated from Kurukshetra University. Mr. Atul Garg has vast experience in various domains viz. Finance, Corporate Strategies, Capital Market, Accounting, Banking, Taxation etc. Recent Insider Transactions • Dec 09
Executive Director recently bought ₹183m worth of stock On the 7th of December, Pranav Singla bought around 914k shares on-market at roughly ₹201 per share. This transaction amounted to 93% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Nov 21
JTL Industries Limited Announces Appointment of Amrender Kumar Yadav as Company Secretary JTL Industries Limited announced that the Board of Directors of the Company, on the recommendation of the Nomination and Remuneration Committee at its Meeting held November 20, 2023, has appointed Mr. Amrender Kumar Yadav, (M. No. A41946) as the Company Secretary cum Compliance Officer of the Company (Key Managerial Personnel u/s 203 of the Companies Act, 2013) of the Company with effect from 20.11.2023. A Member of the Institute of Companies Secretaries of India, Commerce and Law Graduate, Mr. Amrender Kumar Yadav is a qualified Company Secretary professional with 8 years of distinguished experience of listed, unlisted companies, in corporate secretarial and legal functions, litigation, secretarial compliances, corporate affairs and corporate governance, legal drafting, commercial, Contract Management and allied matters. He is adroit in dealing with merchant bankers, auditors, legal counsels, stock exchanges, depositories, RTA and share broking companies. Announcement • Oct 27
JTL Industries Limited Announces Resignation of Gurinder Makkar as Company Secretary and Compliance Officer JTL Industries Limited announced that Mr. Gurinder Makkar, has tendered his resignation from the post of the Company Secretary and Compliance of the Company. Reported Earnings • Oct 15
Second quarter 2024 earnings released: EPS: ₹1.64 (vs ₹1.65 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.64. Revenue: ₹5.05b (up 68% from 2Q 2023). Net income: ₹279.1m (up 38% from 2Q 2023). Profit margin: 5.5% (down from 6.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Metals and Mining industry in India. Announcement • Oct 06
JTL Industries Limited to Report Q2, 2024 Results on Oct 12, 2023 JTL Industries Limited announced that they will report Q2, 2024 results on Oct 12, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: ₹3.00 (vs ₹1.82 in 1Q 2023) First quarter 2024 results: EPS: ₹3.00 (up from ₹1.82 in 1Q 2023). Revenue: ₹5.05b (up 95% from 1Q 2023). Net income: ₹253.7m (up 131% from 1Q 2023). Profit margin: 5.0% (up from 4.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Metals and Mining industry in India. Announcement • Jul 04
Jtl Industries Limited Proposes Final Dividend for the Financial Year Ended March 31, 2023 JTL Industries Limited at its Board of Directors meeting held on April 26th, 2023 had recommended a final dividend of INR 0.20/- per equity share of INR 2/- each of the Company for approval by the shareholders at the ensuing AGM to be held on 30 august 2023. Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed August 04th, 2023 as the Record Date for determining entitlement of members to final dividend for the financial year ended March 31, 2023, if declared at the ensuing AGM of the Company scheduled to be held on the 30th day of August, 2023 through Video-Conferencing ("VC") or Other Audio Visual Means ("OAVM"). Announcement • Jun 27
JTL Industries Limited to Report Q1, 2024 Results on Jul 29, 2023 JTL Industries Limited announced that they will report Q1, 2024 results on Jul 29, 2023 Announcement • May 19
JTL Industries Limited Announces Cessation of Bhupinder Nayyar as Independent Director JTL Industries Limited announced that Mr. Bhupinder Nayyar, an Independent Director of the company has completed his term of 5 consecutive years and consequently he has ceased to be the director of the Company with effect from close of business hours on May 16, 2023. Reported Earnings • Apr 27
Full year 2023 earnings released: EPS: ₹10.69 (vs ₹8.45 in FY 2022) Full year 2023 results: EPS: ₹10.69 (up from ₹8.45 in FY 2022). Revenue: ₹15.5b (up 59% from FY 2022). Net income: ₹901.3m (up 80% from FY 2022). Profit margin: 5.8% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue. Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: ₹3.09 (vs ₹2.23 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.09 (up from ₹2.23 in 3Q 2022). Revenue: ₹2.81b (up 21% from 3Q 2022). Net income: ₹202.8m (up 56% from 3Q 2022). Profit margin: 7.2% (up from 5.6% in 3Q 2022). The increase in margin was driven by higher revenue. Announcement • Feb 02
JTL Industries Limited Announces Executive Changes The board of Directors of JTL Industries Limited meeting held on February 2, 2022, approved resignation of Mr. Mohinder Singh as Company Secretary & Compliance Officer (Key Managerial Personnel u/s 203 of the Companies Act, 2013) as a part of internal re-organisation with effect from close of business hours of February 2, 2023. He will continue to be a part of the Company in another role. Appointment of Mr. Gurinder Makkar as Company Secretary cum Compliance Officer (Key Managerial Personnel u/s 203 of the Companies Act, 2013) in place of Mr. Mohinder Singh, with effect from close of business hours. With effect from close of business hours of 02 February, 2023, in place of Mr. Mohinder Singh. A Commerce Graduate and Member of the Institute of Companies Secretaries of India, Mr. Gurinder Makkar is a result-driven Company Secretary professional with 19 years of distinguished experience of listed companies, in corporate secretarial and legal functions, mergers, acquisitions, issues & listings of securities, secretarial compliances, corporate affairs and corporate governance, legal drafting, commercial, administrative and allied matters. He is adroit in dealing with merchant bankers, auditors, legal counsels, stock exchanges, depositories and share broking companies. He has the ability of giving great attention to detail and going the extra mile whenever required. Announcement • Jan 26
JTL Industries Limited to Report Q3, 2023 Results on Feb 02, 2023 JTL Industries Limited announced that they will report Q3, 2023 results on Feb 02, 2023 Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 19% share price gain to ₹357, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 41% over the past year. 
