JTL Industries Limited (BSE: 534600, NSE: JTLIND) is a fast-growing dynamic steel tube manufacturing company that specializes in producing Black Steel Pipes, Pre-Galvanized and
Galvanized Steel Pipes, large-diameter steel tubes and pipes, and hollow structures. The company has received a “Buy Call” from Hem Securities Ltd, with a target of Rs. 288.
Recently, the company also a approved Raising of funds by way of issue of Equity Shares, through a QIP, in accordance with the SEBI ICDR Regulations. Approved the floor price of ₹221.57 per Equity Share
Earlier, company reported robust earnings for Q1FY25. In Q1FY25, JTL Industries delivered stable financial results, demonstrating sustained growth year-over-year. Our revenue for the quarter reached Rs.5,153.8 Mn, up from Rs.5,048.0 Mn in Q1FY24, driven by strategic market expansion, increased product demand, higher sales volumes, and enhanced product offerings.
EBITDA for Q1FY25 stood at Rs.438.6 Mn, reflecting a 20.8% increase from Q1FY24, underscoring our efficient cost management and operational excellence. The EBITDA margin improved to 8.5% in Q1FY25, up from 7.2% in Q1FY24, driven by our strategic focus on high-margin products and increasing scale.
Sales volume grew by 10.8% year-over-year, reaching 85,674 MT in Q1FY25 compared to 77,342 MT in Q1FY24. Notably, value-added products contributed 25% to its total sales mix, with sales volumes of 21,261 MT. Quarterly export volumes reached a record high of 5,917 MT, a robust 31.4% increase from Q1FY24.