Jtl Industries Limited · NSE:JTLIND
Jtl Industries — Q4 FY26 Earnings Presentation
32 slides from Jtl Industries's earnings presentation, May 11, 2026
Slide 1: Exchange filing cover letter for earnings presentation
May 11, 2026 The Manager, The Manager, Corporate Relationship Department, Listing Department, BSE Limited. National Stock Exchange of India Ltd. 25th Floor, P.J. Towers, ‘Exchange Plaza’, C- 1 Block G, Bandra Kurla Dalal Street, Complex, Bandra (East) Mumbai - 400001 Mumbai – 400051 Scrip Code: 5346
Slide 2: Q4 and FY26 Earnings Presentation
Integrated Primary & Secondary Steel Platform JTL Industries Limited (BSE: 534600 | NSE: JTLIND) Q4 and FY26 Earnings Presentation Integrated Steel Pipes & Tubes Platform May 2026
Slide 3: Company at a Glance
Company at a Glance Integrated Steel Pipes & Tubes Platform Product Portfolio Up to 350x350x14 mm 2000+ DFT, Galvanised & Engineered Structural Steel Tubes Product Configurations Steel Solutions MS Hollow Sections Galvanised Tubes and Pipes Infrastructure Construction Industrial Solar Water Oil & Ga
Slide 4: Business Overview
Business Overview Integrated manufacturing platform across HR coil-based and secondary steel ecosystems HR Coil-Based Manufacturing Platform Billet & Secondary Steel Platform HR Coil Sourcing Billet / Steel Sourcing Procurement from primary steel manufacturers Procurement from secondary steel ecosys
Slide 5: Journey So Far
Journey So Far 1991 1993 1995 2008 2010 2017-2018 • Incorporated as Jagan • Commenced • Listed on Over-The- • Renamed as JTL Infra • Expanded manufacturing • Listed on Metropolitan Tubes Private Ltd. manufacturing operations Counter Exchange of Limited capacity across locations Stock Exchange of Ind
Slide 6: Investment Case
Investment Case Scaled Player in Structural Steel Tubes Strategically Located Manufacturing Shift Towards Value-Added Product • Presence across structural steel pipes, Footprint Mix hollow sections and galvanised • Manufacturing facilities in Punjab, • Increasing contribution from DFT and products M
Slide 7: Product Portfolio – Core Structural Products
Product Portfolio – Core Structural Products DFT Structural Steel MS Hollow Sections Galvanised Steel Tubes & Pipes Pipes WHAT IT IS WHAT IT IS WHAT IT IS • Direct Forming Technology • Mild steel hollow sections • Zinc-coated steel pipes (DFT) • Multiple shapes & sizes • Corrosion-resistant products
Slide 8: Product Portfolio – Value Added Products
Product Portfolio – Value Added Products Solar Mounting Steel Tubular Poles & Metal Crash Barriers Structures Lattice Towers WHAT IT IS WHAT IT IS WHAT IT IS • Structures for solar panel • High-strength steel infrastructure • Steel safety barriers for roads installation structures • End-to-end desig
Slide 9: Manufacturing Facilities
Manufacturing Facilities 6 1.0 Mn TPA JTL Engineering Ltd (Subsidiary), Manufacturing Facilities Installed Capacity Mandi Gobindgarh JTL Defence Ltd (Subsidiary), Baddi Unit I: Derabassi Unit III: Mandi Gobindgarh Plant Location Product Portfolio JTL Industries Ltd MS Hollow Sections, Galvanised Pip
Slide 10: Geographical Presence
Geographical Presence Presence across 20+ countries spanning 5 continents 20+ 5 ~10% Countries Continents Export Contribution EUROPE Germany, Belgium, UK, France, Greece, Ireland, Italy, Scandinavia, Netherlands, Denmark ASIA & MIDDLE EAST UAE, Hong Kong, Cyprus, Saudi Arabia, Oman AFRICA Botswana,
Slide 11: Industry Overview
Industry Overview Structural growth driven by infrastructure, renewable energy, transmission and urban development demand ~14.6 Mn Tonnes ~USD 18 Bn ~7.4% Indian Steel Pipes & Tubes Market (2025) Market Size Expected CAGR (2025-2034) Primary Steel Opportunity Indian Steel Pipe Market (Mn Tonnes) • I
Slide 12: Key Application Segments & Strategic Positioning
Key Application Segments & Strategic Positioning Diversified product portfolio enables participation across infrastructure, energy and industrial applications Demand Drivers Infrastructure & Urban Oil & Gas / Energy Construction & Real Estate Industrial & Engineering Development • Expansion of oil &
Slide 13: Operational Performance – Q4FY26
Operational Performance – Q4FY26 • Record sales volume of 1,23,262 MT in Q4 FY26 (+50.5% YoY) • Export contribution increased to ~10.6% of total sales Sales Volume (MT) Export Volume (MT) 50.5% 72.3% 1,23,262 11,785 9,592 90,429 81,885 6,841 Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY26 Q4FY26 Strong volume gr
Slide 14: Operational Performance – FY26
Operational Performance – FY26 • Sales volume grew to 395,900 MT in FY26 (+14.5% YoY) • Export contribution improved to ~10.4% of total sales Sales Volume (MT) Export Volume (MT) 14.5% 10.7% 3,95,900 37,301 3,45,690 33,700 FY25 FY26 FY25 FY26 Consistent volume growth with improving export contributi
Slide 15: Management Commentary
Management Commentary ‘‘ FY26 has been a landmark year for JTL Industries as the Company delivered its highest- ever annual revenue and sales volumes, supported by strong demand across infrastructure and industrial segments, improved operational efficiencies and higher utilization across facilities.
Slide 16: Q4 FY26 Key Financial Performance
Q4 FY26 Key Financial Performance ₹ 6,927 Mn ₹ 577 Mn ₹ 4,685 ₹ 379 Mn Revenue from EBITDA without EBITDA per Ton Profit after tax operations other income 123,262 MT Sales Volume 15
Slide 17: Q4 FY26 Key Financial Performance
Q4 FY26 Key Financial Performance ₹ Mn Revenue from Operations EBITDA* and EBITDA Margin PAT and PAT Margin 47.5% 224.0% 125.2% 6,927 577 379 4,695 4,705 386 265 8.2% 8.3% 168 5.6% 5.5% 178 3.5% 3.8% Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY25 Q3 FY26 Q4 FY26 Operational Revenue Per Ton
Slide 18: FY26 Key Financial Performance
FY26 Key Financial Performance ₹ 21,364 Mn ₹1,544 Mn ₹ 3,900 ₹ 1,031 Mn Revenue from EBITDA (excl. EBITDA per Ton Profit after tax operations other income) 3,95,900 MT Sales Volume 17
Slide 19: FY26 Key Financial Performance
FY26 Key Financial Performance ₹ Mn Revenue from Operations EBITDA* and EBITDA Margin PAT and PAT Margin 11.5% 25.6% 4.3% 1,031 1,544 21,364 7.2% 988 1,230 5.2% 19,163 4.8% 6.4% FY25 FY26 FY25 FY26 FY25 FY26 Operational Revenue Per Ton EBITDA* Per Ton 3,900 55,147 53,963 3,538 FY25 FY26 FY25 FY26 *
Slide 20: Q4 and FY26 Income Statement
Q4 and FY26 Income Statement YoY QoQ YoY (₹ Mn) Q4 FY26 Q4 FY25 Q3 FY26 FY26 FY25 Growth(%) Growth(%) Growth(%) Revenue from Operations 6,927 4,695 47.5% 4,705 47.2% 21,364 19,163 11.5% Other Income 13 88 36 127 224 Total Income 6,940 4,783 4,742 21,491 19,388 Cost of material consumed 5,477 3,354 3
Slide 21: Key Ratios (1/2)
Key Ratios (1/2) Return Ratios Return On Equity (ROE) Return On Capital Employed (ROCE) 22.1% 30.1% 14.6% 19.0% 8.1% 6.8% 9.2% 8.6% FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Efficiency Ratio Asset Turnover 2.8 2.9 1.8 1.3 FY23 FY24 FY25 FY26 * Excluding other income 20
Slide 22: Key Ratios (2/2)
Key Ratios (2/2) Leverage Ratios Net Debt / EBITDA Interest Coverage Ratio 29 1.3 25 20 12 (0.0) (0.0) (0.6) FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Cash Flow Ratio Operating Cash Flow / EBITDA 1.1 0.4 -0.1 -2.0 FY23 FY24 FY25 FY26 * Excluding other income 21
Slide 23: FY26 Capital Structure
FY26 Capital Structure (₹ Mn) Mar-24 Mar-25 Mar-26 Net Working Capital Days Long Term Debt 0 105 300 Short Term Debt 200 656 2,141 61 57 80 92 Total Debt 200 762 2,441 Receivables Days 59 Less: Cash & Cash Equivalent 1,012 744 445 45 30 30 Net Debt /(Cash) (812) 17 1,995 Total Equity 7,748 12,186 15
Slide 24: Certifications
Certifications Global Certifications ACRS Certification (Australia) Certified for manufacture of cold-formed structural steel hollow sections as per AS/NZS 1163:2016 standards Valid till: 31 December 2026 | Certificate No: 260404 Enables participation in global infrastructure and export markets 23
Slide 25: Customer & End-Market Presence
Customer & End-Market Presence Direct Institutional Clients Distribution & Government Network Government / PSU Infrastructure / Utilities Industrial / OEM Diversified presence across institutional clients and government-led infrastructure ecosystem 24
Slide 26: Sustainability & ESG Initiatives
Sustainability & ESG Initiatives Focused on improving operational efficiency through sustainable and eco-friendly practices Energy Efficiency Carbon Emissions Water Management Waste Management Recycled Materials Optimization of energy Initiatives to reduce Implementation of water Structured waste In
Slide 27: Board of Directors
Board of Directors Madan Mohan Singla Rakesh Garg Dhruv Singla Managing Director Executive Director Executive Director • Over 35 years of experience in the • Over 30 years of experience in the • Over 10 years of experience in the steel industry steel industry industry • Strong expertise in steel pip
Slide 28: Independent Directors
Independent Directors Rakesh Mohan Garg Sukhdev Raj Sharma Raman Chadha Independent Director Independent Director Independent Director • Over 35 years of experience in the • Seasoned banker with over 40 years • Over 40 years of experience in Indian Revenue Service (IRS) of experience education and a
Slide 29: Leadership Team
Leadership Team Naveen Kumar Laroiya Amrender Kumar Yadav Chief Financial Officer Company Secretary & Compliance • Chartered Accountant with 35+ years Officer of experience • Qualified Company Secretary and law • Extensive exposure across graduate manufacturing and multinational • Expertise in corpo
Slide 30: Consolidated Income Statement
Consolidated Income Statement (₹ Mn) FY23 FY24 FY25 FY26 Revenue from Operations 15,499 20,407 19,163 21,364 Other Income 49 82 225 127 Total Income 15,548 20,489 19,388 21,491 Cost of material consumed 13,653 16,949 15,196 17,052 Purchases of trading goods - 991 1,624 1,408 Change in inventories of
Slide 31: FY26 Balance Sheet
FY26 Balance Sheet As on As on As on As on (₹ Mn) (₹ Mn) 31 Mar, 2026 31 Mar, 2025 31 Mar, 2026 31 Mar, 2025 Equity and liabilities Assets Equity Share Capital 393 393 Non-Current Assets Other Equity 14,473 11,790 Property, Plant and Equipment 5,007 2,184 Non Controlling Interest 352 3 Total Equity
Slide 32: Disclaimer
Disclaimer Amrender Yadav Kapil Juneja / Soham Arora Company Secretary and Compliance jtl@churchgatepartners.com Officer +91 99454 72589 secretarial@jtl.one This presentation contains “forward looking statements” including, but without limitation, statements relating to the implementation of strateg