Iron & Steel Products company JTL Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations stood at Rs 4,695 million. EBITDA at Rs 178 million. PAT at Rs 168 million. FY25 Financial Highlights: Revenue from Operations reached Rs 19,163 million. EBITDA at Rs 1,230 million. PAT at Rs 988 million. Management Commentary: FY25 was a landmark year for JTL, marked by robust growth, strategic initiatives, and a focus on value creation. We achieved our highest-ever annual sales volume of 387,555 MT, including contributions from JTL Engineering (formerly Nabha Steels), reflecting a healthy 13% YoY growth over 341,846 MT in FY24. Excluding JTL Engineering, standalone volumes stood at 345,689 MT. Exports witnessed a significant surge, reaching 32,258 MT, contributing 9% of total sales—a notable increase from 17,792 MT (5%) in FY24. The share of value-added products for the year stood at 26%, underscoring our focus on quality-driven differentiation. Despite a challenging pricing environment, total income for FY25 stood at Rs 19,388 million, compared to Rs 20,489 million in FY24—a 5.4% YoY decline, reflecting disciplined operations and strategic product mix optimization. In Q4FY25, we continued to build on our momentum with sales volumes of 90,473 MT, supported by increased contributions from value-added segments, which comprised 34% of quarterly volumes. Exports for the quarter stood at 8%, up meaningfully YoY. Total income rose to Rs 4,783 million, up 5.5% QoQ and 1.8% YoY, indicating improving traction in both domestic and international markets. As we move forward, we remain confident in our strategy, driven by continued innovation, operational excellence, and a growing global footprint. Our focus remains on enhancing product value, expanding capacity, and driving sustainable, long-term growth. JTL Industries completed 2,50,000 MTPA installation of DFT at Mangaon plant in Maharashtra. It will aid in expanding product offerings and will increase our VAP share. This is one of our most significant investments as this streamlines production, reduces waste, and expands the range of high-value products with greater precision. DFT positions JTL as a market leader, enhancing its ability to meet diverse customer needs. This is expected open up newer opportunities in the export market and allow the Company to penetrate into the newer markets of structural applications and multi-storied buildings. In our quest to enter new sectors JTL has entered in an MOU for production of copper and brass alloys on a job-work basis. . This not only gives us entry in the copper segment but also boosts our value added basket. We also entered into manufacturing brass foils through job work model, this is a specialised product and a key raw material for high precision products used in defence and industrial settings. This product gives us entry in a high margin niche segment and will push our agenda of increasing VAP share to 50% from 34% currently JTL’s key to success lies in delivering high-quality, value-added products that meet the most stringent government standards. Result PDF
Iron & Steel Products company JTL Industries Industries announced Q3FY25 & 9MFY25 results Total Income: Rs 4,535 crore in Q3FY25 (-20.2% YoY); Rs 14,604 crore in 9MFY25 (-7.5% YoY). EBITDA: Rs 351 crore in Q3FY25 (-17.4% YoY); Rs 1,047 crore in 9MFY25 (-9.4% YoY). EBITDA Margin: 7.8% in Q3FY25 (+28 BPS YoY); 7.2% in 9MFY25 (-6 BPS YoY). PAT: Rs 249 crore in Q3FY25 (-17.4% YoY); Rs 820 crore in 9MFY25 (-1.8% YoY). PAT Margin: 5.5% in Q3FY25 (+20 BPS YoY); 5.6% in 9MFY25 (+31 BPS YoY). Management Commentary: The nine-month period i.e. 9M FY25 was a period of growth, with new product launches, acquisitions and expansions. The company demonstrated highest ever sales volume with a growth of 14.3% on YoY basis whereas the total income came in at Rs 14,604 million; a dip of 7.5%. For the quarter, the total income stood at Rs 4,535 million as compared to Rs 4,874 million last quarter resulting in a degrowth of 6.9%. We are confident that our strategic initiatives and ongoing operational improvements will fuel future growth. JTL Industries achieved a total sales volume of 97,488 MT in Q3 FY25, including contributions from Nabha Steel. The company recorded highest ever sales volume of 2,97,082 including Nabha Steels (263,805 MT excluding Nabha Steels), surpassing 2,59,933 MT in the same period of FY24. The Valueadded products accounted for 21% of the total sales volume in Q3 FY25, with commercial-grade products making up the remaining 79%. Exports for the nine-month period in FY25 reached 26,859 MT, representing 10% of total sales, a significant increase from 12,542 MT (5% of total sales) in the corresponding period of FY24. During the quarter, JTL Industries was selected as the L1 bidder for the Jal Jeevan Mission project, securing a Rs 265 crore order to supply 35,473 MT of ISI-certified Galvanized Mild Steel (GMS) tubes, covering 95% of the required sizes. This win reinforces JTL’s leadership in delivering high-quality, value-added products that meet stringent government standards and showcases its commitment to supporting key infrastructure initiatives for national development. On the Raipur plant, as discussed in our last earnings call, the expanded facility is operating as expected, with its capacity now doubled to 200,000 MTPA. The facility has introduced larger tubes and pipes (4–8 inches) and 200 additional SKUs, with 50% of its capacity focused on value-added products. This expansion aligns with our goal of achieving 1 million MTPA by the end of the year. JTL is in the process of implementation of Direct Forming Technology (“DFT”), reflecting Company’s commitment to innovation and profitability. DFT will enable the direct production of square and rectangular sections from HR coils. This innovation streamlines production, reduces waste, and expands the range of high-value products with greater precision. DFT positions JTL as a market leader, enhancing its ability to meet diverse customer needs. This is expected open up newer opportunities in the export market and allow the Company to penetrate into the newer markets of structural applications and multi-storied buildings. JTL Industries remains confident in delivering quality and growth on the back of robust investments, sustained demand in the market and the on going projects across sectors. Our business model provides us the flexibility to navigate through market instability making us resilient resulting in achieving growth and creating value to the stakeholders. Result PDF