JTL Industries Limited (JTLIND) AI Stock Analysis

• Market Cap: ₹24.70B
• Dividend Yield: 0.21%
• Average Volume (3M): 97.59K
• Price to Earnings (P/E): 29.8
• Beta (1Y): 1.17
• Revenue Growth: -9.50%
• EPS Growth: -39.90%
• Country: IN
• Employees: 735
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Steel
• EPS (TTM): 0.51
• Shares Outstanding: 382,041,630
• 10 Day Avg. Volume: 62,390
• 30 Day Avg. Volume: 97,586
• PEG Ratio: -1.39
• Price to Book (P/B): 2.45
• Price to Sales (P/S): 1.56
• P/FCF Ratio: -7.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ₹61.00 ▲(0.56% Upside)

JTL Industries Limited's overall stock score is driven by strong financial performance, although cash flow challenges are a concern. The technical analysis indicates bearish momentum, and the valuation suggests the stock is expensive with a low dividend yield. These factors combined result in a moderate overall score.

JTL Industries Limited Business Overview & Revenue Model

Company Description

JTL Industries Limited (JTLIND) is a diversified company operating primarily in the manufacturing and distribution sectors. The company specializes in producing high-quality industrial equipment and components, serving a wide range of industries including construction, automotive, and energy. JTLIND's core product offerings include precision-engineered machinery, custom fabrication services, and innovative technological solutions aimed at enhancing operational efficiency for its clients.

How the Company Makes Money

JTL Industries Limited generates revenue through multiple key streams. Primarily, the company earns income from the sale of its manufactured products, which are sold directly to businesses across various sectors. This includes both standard items and custom solutions tailored to specific client needs. Additionally, JTLIND provides after-sales services such as maintenance and support, generating recurring revenue. The company may also engage in strategic partnerships with other firms to expand its market reach and share resources, further enhancing its profitability. Moreover, collaborations with technology providers allow JTLIND to integrate advanced solutions into its offerings, attracting more clients and increasing sales.

JTL Industries Limited Financial Statement Overview

Summary

JTL Industries Limited shows strong revenue and profitability growth, supported by a robust balance sheet with low leverage. However, cash flow challenges due to negative free cash flow and significant capital expenditures pose a risk.

Income Statement

The company has shown a consistent increase in revenue over the years, with a significant revenue growth rate from 2021 to 2022 and a steady pace thereafter. Gross profit margins and net profit margins have been improving, indicating strong operational efficiency. However, the decline in EBIT and EBITDA margins in the latest year suggests potential operational challenges or increased costs.

Balance Sheet

The balance sheet reflects a robust equity position with a high equity ratio over the years, indicating financial stability. The debt-to-equity ratio is low, reflecting prudent leverage management. The return on equity is healthy, underscoring effective use of equity capital. However, the significant increase in total assets signals a major expansion, which could entail risk if not managed well.

Cash Flow

The cash flow statement highlights negative free cash flow, primarily due to significant capital expenditures and negative operating cash flow in recent years. Despite strong financing cash flows, the company's ability to generate positive cash flow from operations remains a concern. The free cash flow to net income ratio indicates that earnings are not fully translating into cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	19.44B	19.16B	20.40B	15.50B	13.54B	4.34B
Gross Profit	2.09B	1.97B	2.42B	1.64B	1.22B	403.76M
EBITDA	1.31B	1.45B	1.60B	1.32B	920.83M	358.70M
Net Income	846.73M	988.25M	1.13B	901.28M	610.63M	200.63M
Balance Sheet
Total Assets	0.00	13.39B	8.43B	5.63B	3.39B	2.09B
Cash, Cash Equivalents and Short-Term Investments	744.30M	773.03M	1.01B	531.41M	2.58M	2.12M
Total Debt	0.00	761.74M	200.05M	1.07B	943.13M	631.15M
Total Liabilities	-12.19B	1.20B	687.33M	1.56B	1.42B	1.12B
Stockholders Equity	12.19B	12.18B	7.75B	4.07B	1.98B	969.05M
Cash Flow
Free Cash Flow	0.00	-4.14B	-1.25B	-149.47M	-45.15M	-115.92M
Operating Cash Flow	0.00	-2.36B	-221.26M	39.70M	170.86M	-49.61M
Investing Cash Flow	0.00	-2.02B	-955.89M	-199.28M	-343.31M	-75.66M
Financing Cash Flow	0.00	4.11B	1.69B	657.85M	170.41M	122.00M

JTL Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 60.66
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JTLIND, the sentiment is Negative. The current price of 60.66 is below the 20-day moving average (MA) of 65.63, below the 50-day MA of 70.69, and below the 200-day MA of 75.75, indicating a bearish trend. The MACD of -3.07 indicates Positive momentum. The RSI at 31.12 is Neutral, neither overbought nor oversold. The STOCH value of 22.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JTLIND.

JTL Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOODLUCK	76 Outperform	₹40.84B	23.89	―	0.35%	9.57%	3.24%
LAOPALA	71 Outperform	₹25.54B	25.98	―	3.34%	-8.09%	-12.59%
PARAGMILK	65 Neutral	₹37.62B	31.59	―	0.27%	13.73%	32.07%
KCP	64 Neutral	₹25.82B	14.47	―	0.12%	-9.99%	-6.27%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
TASTYBITE	60 Neutral	₹22.93B	61.16	―	0.02%	17.13%	104.51%
JTLIND	55 Neutral	₹24.70B	29.76	―	0.21%	-9.50%	-39.90%

JTL Industries Limited Corporate Events

JTL Industries Secures NCLT Approval for RCI Industries Acquisition

JTL Industries Limited has announced the approval from the National Company Law Tribunal (NCLT) for its acquisition of RCI Industries & Technologies Limited. This acquisition, approved through the resolution process, marks a significant milestone for JTL Industries, potentially enhancing its market position and operational capabilities.

JTL Industries Achieves Record Sales Volume in H1 FY26

JTL Industries Limited reported its highest ever sales volumes for the first half of FY26 at 1,82,210 MT, marking a 3.5% year-over-year growth. The company also saw a significant increase in its export share from 6% in Q1 FY26 to 12% in Q2 FY26, highlighting the superior quality of its products and enhancing its market positioning.

JTL Industries Announces Virtual AGM and E-voting Details

JTL Industries Limited has announced the details of its 34th Annual General Meeting (AGM), which will be conducted on September 23, 2025, at 11:30 A.M. through video conferencing and other audio-visual means. The company has also provided e-voting information, ensuring shareholders can participate in the decision-making process remotely. This move reflects the company’s commitment to maintaining transparency and accessibility for its stakeholders.