Jtl Industries Limited · NSE:JTLIND
Jtl Industries — Q3 FY25 Earnings Presentation
34 slides from Jtl Industries's earnings presentation, Jan 28, 2025
Slide 1: Exchange filing cover letter: investor presentation on Q3 results
28th January, 2025 Corporate Relationship The Manager, Corporate Relationship Department, Listing department, Department, BSE Limited. National Stock Metropolitan Stock 25th Floor, P.J. Towers, Exchange of India Ltd. Exchange of India Ltd. Dalal Street, ‘Exchange Plaza’, C- 1 Building A, Unit 205A,
Slide 2: Amongst the Leading Building Material Solutions Companies
AMONGST THE LEADING BUILDING MATERIAL SOLUTIONS COMPANIES Investor Presentation January 2025
Slide 3: Safe Harbor
Safe Harbor Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively Forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subj
Slide 4: Q3 FY25 At A Glance
Q3 FY25 At A Glance 97,488 MTPA ₹ 4,514 Mn ₹ 351 Mn ₹ 4,005 Sales Volume Revenue EBITDA EBITDA/ton 21% ₹ 249 Mn ₹ 273 Mn Value Added Product Net profit Cash profit share ` 3
Slide 5: 9M FY25 At A Glance
9M FY25 At A Glance 2,97,082 MTPA ₹ 14,464 Mn ₹ 1,047 Mn ₹ 3,967 Sales Volume Revenue EBITDA EBITDA/ton 24% ₹ 820 Mn ₹ 883 Mn Value Added Product Net profit Cash profit share 9.27% 6.79% ZERO ROCE in 9M FY25 ROE in 9M FY25 Net debt in 9M FY25 ` 4
Slide 6: From the Managing Director's Desk
From the Managing Director’s Desk In the 9M FY25 period JTL achieved its highest-ever nine-month sales volume of 297,082 MT, showing a strong 14.3% YoY growth. Even though numbers for the quarter have dipped slightly we stand optimistic about our strategic initiatives and the ongoing operational enh
Slide 7: Operational Performance – Q3 & 9M FY25
Operational Performance – Q3 & 9M FY25 JTL Industries recorded a total sales volume of 97,488 MT in Q3 FY25, including 9,775 MT from Nabha Steels. Value-added products contributed 21% to the total sales mix, driven by strong demand across key markets. The company achieved its highest-ever nine-month
Slide 8: Financial Performance – Q3 FY25
Financial Performance – Q3 FY25 REVENUE FROM OPERATIONS (RS. MN) EBITDA (Rs. Mn.) EBITDA Margin % PAT (Rs. Mn.) PAT Margin % 600 400 6,500 500 7.5% 350 5.3% 6.2% 7.8% 4,500 400 300 5.4% 5.5% 300 250 5,673.9 425.1 2,500 4,795.5 4,514.3 200 351.3 200 301.8 298.4 263.6 249.4 100 150 500 0 100 Q3 FY24 Q
Slide 9: Financial Performance – 9M FY25
Financial Performance – 9M FY25 REVENUE FROM OPERATIONS (RS. MN) EBITDA (Rs. Mn.) EBITDA Margin % PAT (Rs. Mn.) PAT Margin % 20,000 1,300 1,000 7.3% 5.3% 5.6% 15,000 1,100 7.2% 800 10,000 900 600 15,742.9 14,463.6 1,154.6 834.7 820.0 1,046.5 5,000 700 400 0 500 200 9M FY24 9M FY25 9M FY24 9M FY25 9M
Slide 10: Consolidated Income Statement Highlights
Consolidated Income Statement Highlights Particulars (Rs. Mn) Q3 FY25 Q2 FY25 QoQ Q3 FY24 YoY 9M FY25 9M FY24 YoY Volume (Consolidated Data) 97,488 1,03,193 -5.53% 1,00,905 -3.39% 2,97,082 2,59,933 14.29% Revenue from operations 4,514.3 4,795.5 -5.86% 5,673.9 -20.44% 14,463.6 15,742.9 -8.13% Other i
Slide 11: Geography-Wise Sales Mix – Q3 & 9M FY25
Geography-Wise Sales Mix – Q3 & 9M FY25 4% 3,646 100 1,00,000 14% 10% 80 80,000 12,302 8,640 60 60,000 96% 86% 90% 97,259 40 40,000 78,115 79,073 20 20,000 0 0 Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3 FY25 100 3,00,000 5% 12,542 10% 90 2,50,000 26,859 2,00,000 80 1,50,000 95% 2,47,391 70 90% 2,36,
Slide 12: Strong Performance in Numbers
Strong Performance in Numbers (Rs. Mn.) Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3FY25 Sales Volume (MT) 34,612 44,158 50,667 52,102 57,277 80,270 77,343 81,686 1,00,905 81,913 85,675 90,417 87,714 Operational Revenue 2,325 3,012 3,680 3,659 3,
Slide 13: Key Financial Ratios
Key Financial Ratios 45% 45% 6 40% 40% 5.5 5 35% 35% 4.5 30% 30% 4 25% 25% 3.5 43% 20% 20% 5.34 3 15% 31% 15% 30% 2.5 3.82 21% 22% 22% 3.32 10% 10% 19% 2 15% 2.68 5% 5% 9% 1.5 2.18 7% 0% 0% 1 FY 21 FY 22 FY 23 FY 24 9M FY25 FY 21 FY 22 FY 23 FY 24 9M FY25 FY 21 FY 22 FY 23 FY 24 9M FY25 ROE (%) ROCE
Slide 14: Capacity Expansion
Capacity Expansion MANGAON RAIPUR MANDI 3,00,000 MTPA of capacity will be equipped Out of 2,00,000 MTPA of capacity, In this quarter we acquired Nabha Steels with DFT technology, enabling the 1,00,000 MTPA will be used to make upto 8 and Metals and Phase 1 of the production of larger sizes of hollow
Slide 15: Capacity Expansion
Capacity Expansion Expansion - Phase I Expansion - Phase II Particulars Current Capacity TOTAL (FY25) (FY27) Raipur, Chhattisgarh 2,00,000 - - 2,00,000 Mandi, Gobindgarh, Punjab 1,86,000 14,000 - 2,00,000 Derabassi, Punjab 1,00,000 - - 1,00,000 Mangaon, Maharashtra 2,00,000 3,00,000 10,00,000 15,00,
Slide 16: JTL – A Leading Building Material Solutions Company
JTL – A Leading Building Material Solutions Company Infrastructure Geographical Presence Financial Prowess Capacity & Penetration 9M FY24 V/s 9M FY25 • Installed Capacity: • Pan-India presence • Volume grew by 14.3% ~6,86,000 MTPA – Pipe Manufacturing • 2000+ talented and skilled employees • Revenue
Slide 17: Competitive Advantage
Competitive Advantage Presence in All Units Have 130+ Acres Of Land Primary and Secondary Capability to Produce Bank Available Steel market Galvanised Products Backward Integrated in Industry leading Debt-Free and Chattisgarh Plant & EBITDA Per Ton Poised for Growth Mandi Plant Spearheading with uni
Slide 18: Industry Overview
Industry Overview Indian steel demand shows a strong correlation with GDP.While Indian GDP is forecasted to grow at 6.7% in FY24 and then maintain a run-rate of c.7%, we expected steel demand to grow at a better rate of c.10% for FY24. ERW pipes to grow at a faster pace than the steel industry – at
Slide 19: Growth Opportunities
Growth Opportunities The demand for structural steel tubes is driven by a substantial government commitment to bolster infrastructure in sectors such as construction, oil & gas, water supply, and agriculture. Warehousing Metro Airports Jal Jeevan Mission Affordable Housing Indian Railways According
Slide 20: Our Product Pipeline From DFT
Our Product Pipeline From DFT SGS 150*150 JTL is investing in upgrading their Maharashtra plant to become a state-of- SHS 350*350 the-art facility in Western India. Utilizing the latest Direct Forming Technology RHS 150*180 (DFT), JTL Industries leverages high-speed welding to produce square and rec
Slide 21: Products Offered & Industries Catered To
Products Offered & Industries Catered To Providing Industry Wide Solutions INDUSTRIES CATERED Heavy Vehicles Energy & Engineering Construction & Building Material Solar Projects JTL GALV-COAT Core JTL AGNIRODHI Infrastructure Water Distribution JTL HARVEST JTL AQUA JTL SOLARIUM Agriculture JTL GUARD
Slide 22: Strategically Located Plants
Strategically Located Plants JTL has plants located at strategic locations that allow the Company to source raw materials at competitive prices and expand their sales and footprint in domestic and international markets. • Unit I: Derabassi (Punjab), Capacity – 1,00,000 MTPA. • Unit II: Mangaon (Maha
Slide 23: Diverse Geographical Presence
Diverse Geographical Presence JTL has a pan-India presence and has a diverse geographic footprint, providing products to over 20 nations in 5 continents. Exporting Countries Scandinovia UK • Europe : Germany, Belgium, Greece Ireland Germany Belgium Ireland, UK, Scandinavia, France, Italy France Ital
Slide 24: Complying with International Standards
Complying with International Standards INDIAN AMERICAN BRITISH JAPANESE EUROPEAN STANDARD STANDARD STANDARD STANDARD STANDARD IS 1161-2014 ASTM A500 BS 4360 JIS G3444/1994 EN 10219 - GR A/1993 BS 7613 / 1994 - - IS - 1239 ASTM A53 / 1993 EN 10255 BS 1387 / 1985 - Elong.20% For All - - (Part 1)/2004
Slide 25: Certifications
Certifications PERFORMANCE CERTIFICATE ISO CERTIFICATION TRADE MARK Himachal Pradesh Srinagar Jammu ISO Certification Trade Mark ` 24
Slide 26: Products Supporting the Key National Programs
Products Supporting the Key National Programs JTL PRODUCTS THAT SUPPORT GREEN ENERGY JTL OFFERS CUSTOMIZE PERFECT FOR LIGHTWEIGHT & TURNKEY ADAPTABLE TO VERSATILESOLA DESIGNING RURAL AREAS DURABLE SOLUTIONS ROUGH R MODULE TERRAIN & MOUNTING SUITABLE FOR STRUCTURES ALL REGIONS JTL HAS BEEN CHOSEN AS
Slide 27: Products Supporting the Key National Programs
Products Supporting the Key National Programs THROUGH OUR OUR DIRECT CLIENTELE DISTRIBUTION CHANNEL ` 26
Slide 28: Contd..
Contd.. 8 1 Directors General of Suppliers and Tata Powers, Delhi. disposals, New Delhi 7 2 Bharat Heavy Electricals Limited. Uttar Pradesh Jal Nigam Contd.. Himachal Pradesh Civil Supply Director Supplies and Disposal, Corporation. 6 3 Haryana Public Health Engineering Department, Public Health Eng
Slide 29: Leadership
Leadership Mr. Madan Mr. Mithan Mr. Rakesh Mohan Singla Lal Singla Garg Managing Director Non-Executive Director Executive Director • 35+ Years of rich experience in Steel Industry • 40+ Years of experience in steel business. • 30+ years of rich experience in steel industry • In-depth knowledge of s
Slide 30: Leadership
Leadership Mr. Rakesh Mr. Sukhdev Raj Mr. Atul Mohan Garg, Sharma Garg Independent Director Independent Director CFO • 35+ years of experience in serving Indian Revenue • 40+ years of experience working as a seasoned banker • Mr. Atul Garg is a Chartered Accountant and has 17+ Service (IRS). Years o
Slide 31: Management Guidance
Management Guidance JTL is planning to deploy DFT and color coated JTL has raised Rs. 6,750 Mn. via preferential lines in its plants which will facilitate it to allotment by promoters which will boost planned produce various SKUs, increasing efficiency and capacity expansion of the company and aid J
Slide 32: ESG
ESG JTL Industries Is Increasingly Adopting Eco-Friendly Practices Like Optimization Of Incorporation Of Reduce Carbon Setting Up Vast Active Waste Energy Efficiency Recycled Materials Emissions Water Conservation Management In Production Units In Every System In Every Processes Facility Plant ` 31
Slide 33: Capital Market Information
Capital Market Information Shareholding pattern as on , 31st December 2024 Particulars % Shareholding Promoter and Promoter Group 48.91% Institutions 7.22% Public 43.87% TOTAL 100.00% Market Indicators Incorporated 1991 Listed on NSE, BSE & MSE BSE Script Code / NSE Symbol 534600/ JTLIND Issued shar
Slide 34: Thank You
THANK YOU For further information contact www.jtl.one Mr. Amit Gaur (CSO) cso@jtl.one Kunal Bhoite Advait Bhadekar kunal.bhoite@in.ey.com advait.bhadekar@in.ey.com