JTL Industries Ltd
About
JTL Industries, the flagship company of the Jagan Group of Companies, was originally known as JTL Infra Limited. What started as an electric resistance welding (ERW) black pipes manufacturing company in 1991 has grown to include galvanised steel pipes, large diameter steel tubes and pipes, and solar module mounting structures in its portfolio. With the help of 4 manufacturing facilities located across India, JTL Industries has a combined manufacturing capacity of producing 586,000 metric tonnes per annum for the Indian market as well as exports to more than 20 countries all around the world. JTL’s network of more than 600 employees and 800 distributors supplying its 1000+ products globally contributed towards the company earning the “Star Export House” title from the Government of India in 2021.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2045 31.0% | 1560 12.0% | 1393 216.6% | 440 84.2% | 239 -26.6% | 326 91.3% | 170 45.1% | 117 22.5% | 96 -19.3% | 119 21.6% | 98 7.9% | 90 0.8% | 90 -4.8% | 94 8.6% | 87 - |
| Net Operating Income (INR Cr) | 2040 31.63% | 1550 14.36% | 1355 211.02% | 436 0.00% | 230 -28.56% | 322 89.62% | 170 50.49% | 113 18.89% | 95 -20.49% | 119 22.69% | 97 12.30% | 87 -2.14% | 88 -5.69% | 94 11.23% | 84 0.00% |
| Profit (INR Cr) | 113 25.4% | 90 47.6% | 61 204.4% | 20 99.0% | 10 -30.5% | 15 80.4% | 8 482.6% | 1 14.1% | 1 45.8% | 1 53.7% | 1 -10.0% | 1 172.7% | 0 -45.0% | 0 -28.6% | 1 - |
| Assets (INR Cr) | 797 54.5% | 516 75.6% | 294 82.3% | 161 34.3% | 120 48.5% | 81 69.8% | 48 30.9% | 36 61.1% | 23 -23.0% | 29 -18.2% | 36 -4.5% | 38 26.6% | 30 -16.0% | 35 10.8% | 32 - |
| Net Worth (INR Cr) | 775 90.3% | 407 106.0% | 198 104.0% | 97 0.0% | 61 38.8% | 44 87.4% | 24 50.9% | 16 9.6% | 14 9.4% | 13 -15.4% | 15 3.6% | 15 4.2% | 14 1.6% | 14 2.9% | 14 0.0% |
| Employee Cost (INR Cr) | 20 9.4% | 18 10.5% | 17 545.1% | 3 -3.8% | 3 89.4% | 1 50.0% | 1 51.6% | 1 3.3% | 1 3.5% | 1 31.8% | 0 - | 0 - | 0 - | 0 - | 0 - |
| Interest Cost (INR Cr) | 5 | 6 | 8 | 9 | 4 | 3 | 2 | 1 | 1 | 2 | 2 | 1 | 2 | 1 | 1 |
| Cash & Bank Balance (INR Cr) | 106 | 53 | 2 | 4 | 3 | 2 | 1 | 1 | 2 | 1 | 2 | 1 | 3 | 1 | 11 |
| Total Debt (INR Cr) | 20 | 107 | 94 | 63 | 58 | 35 | 21 | 11 | 6 | 15 | 17 | 20 | 12 | 17 | 18 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 5.5% | 5.8% | 4.4% | 4.6% | 4.2% | 4.5% | 4.7% | 1.2% | 1.3% | 0.7% | 0.6% | 0.7% | 0.3% | 0.4% | 0.6% |
| Profit As % Of Assets | 14.2% | 17.5% | 20.8% | 12.5% | 8.4% | 17.9% | 16.9% | 3.8% | 5.4% | 2.8% | 1.5% | 1.6% | 0.7% | 1.1% | 1.8% |
| Profit As % Of Networth | 14.6% | 22.1% | 30.9% | 20.7% | 16.5% | 32.9% | 34.2% | 8.9% | 8.5% | 6.4% | 3.5% | 4.0% | 1.5% | 2.9% | 4.1% |
| Interest Cost to EBITDA % | 3.3% | 5.0% | 8.6% | 26.4% | 24.7% | 13.4% | 12.0% | 47.1% | 65.9% | 76.5% | 56.6% | 68.6% | 144.7% | 79.6% | - |
| Debt to Equity Ratio | 0.03 | 0.26 | 0.48 | 0.65 | 0.95 | 0.80 | 0.91 | 0.71 | 0.41 | 1.14 | 1.12 | 1.32 | 0.81 | 1.24 | 1.34 |
| RONW | 19.1% | 29.8% | 41.5% | 20.7% | 19.1% | 42.9% | 41.1% | 9.3% | 1.7% | 5.9% | 3.6% | 4.1% | -4.4% | 2.5% | 4.1% |
| ROCE | 23.7% | 31.9% | 39.6% | 22.1% | 17.6% | 37.0% | 34.5% | 11.2% | 5.7% | 8.4% | 7.2% | 6.7% | 4.7% | 5.0% | 6.7% |