JTL Industries logo

JTL Industries share price

NSE: JTLINDBSE: 534600Industrial ProductsSmall Cap

Formerly JTL Infra
Last close ₹72.25down ₹4.65 (6.05%)BSE ₹72.51

Share price at the NSE close on 23 Oct 2026. Previous close ₹76.90.

52-week range of traded prices to 23 Oct 2026
₹40.25Low, 30 Mar 2026₹94.00High, 2 Sep 2026
Market cap
₹2,840 Cr1,041st largest listed
P/E
24.8
P/B
1.9
Dividend yield
0.17%
ROE
8.5%
ROCE
9.3%
Debt to equity
0.16
Volume, NSE
26,82,47446.6% delivered

Share price

Daily closes since Oct 2021, BSE closes Jul 2012 to Dec 2021, adjusted for splits and bonuses. Earlier closes are left out: on 13 Oct 2021 the price changed in a way no corporate action on record explains.

+5.2%over a year · Nifty 500 −9.8%

Results20-session average 35,58,260 shares a day, 37.3% delivered

Results

Standalone, as consolidated accounts are on record for only 5 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 5 Aug

Revenue
₹536 Crup 7.17%
Net profit
₹29 Crup 12.60%
Net margin
5.5%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2023, the company's revenue for that year, ₹1,548 Cr, differs from its quarters added, ₹1,308 Cr.

₹ croreSep 2024Filed 30 OctDec 2024Filed 28 JanMar 2025Filed 12 JunJun 2025Filed 17 JulSep 2025Filed 10 NovDec 2025Filed 24 JanMar 2026Filed 11 MayJun 2026Filed 5 Aug
Revenue480451466504371423500536
Net profit2625171620262629
Net margin5.5%5.5%3.6%3.1%5.4%6.2%5.2%5.5%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Steel Pipes, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2023: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 42% of 2,137 trading days since Jun 2017.

LowestHighest
Its median26.7Industry median17.3
Price to book

At or below today's level on 8% of 918 trading days over the last 5 years.

LowestHighest
Its median3.3Industry median1.5
EV to EBITDA16.0

At or below today's level on 0.4% of 918 trading days over the last 5 years.

LowestHighest
Its median23.8Industry median12.6
Dividend yield

At or below today's level on 91% of 2,288 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.52%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−46.0%−11.1%−39.6%0.3%
3 years−19.9%−5.8%−15.2%0.2%
Longer windows are left empty: a corporate action or price step on 2021-10-13 that cannot be sized sits inside this window. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters49.26%
  • Foreign institutions5.98%
  • Indian institutions0.05%
  • Individuals and others44.71%
Holder
Nikita SinglaPromoter13.35%
Madan MohanPromoter13.28%
Rakesh Garg (HUF)Promoter7.78%
Rakesh GargPromoter6.69%
Pranav SinglaPromoter3.61%
Zenith Multi Trading DMCCForeign portfolio investors, category II2.81%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

1 fund disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 1 fund that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
1
Fund
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund5560.01%₹49,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to JTL Industries in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Vardhman Special Steels logoVardhman Special SteelsVSSL3,28022.92.617.2+1.3%+64.9%13.8%11.7%1.03%
Kirloskar Industries logoKirloskar IndustriesKIRLOSIND3,198–0.54.8+3.8%––6.0%0.43%
Welspun Specialty Solutions logoWelspun Specialty SolutionsWELSPLSOL2,857198.16.268.5+5.4%–3.2%5.1%0.00%
A-One Steels IndiaAONESTEELS2,853–––––––0.00%
Ratnaveer Precision Engineering logoRatnaveer Precision EngineeringRATNAVEER2,77541.1––+17.5%+37.2%13.0%9.0%0.00%
Mahamaya Steel Industries logoMahamaya Steel IndustriesMAHASTEEL2,422242.415.3101.0+18.3%+18.0%6.5%7.2%0.00%
Mukand logoMukandMUKANDLTD2,0673.31.428.6+7.6%+684.8%51.2%2.0%2.10%
Behari Lal Engineering logoBehari Lal EngineeringBLEL1,824–––––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.13 a share, years to Mar 2024, Mar 2025 and Mar 2026.
Ex-dateTypePer share
11 Sep 2026Final₹0.13
12 Sep 2025Final₹0.13
30 Aug 2024Final₹0.25
4 Aug 2023Final₹0.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

JTL Industries share price by year

Each calendar year to 2025.JTL Industries share price history

YearClose at year endChangeHighest closeLowest close
202559.79−37.7%109.8258.84
202496.01−19.3%135.1387.58
2023118.98+53.6%124.2572.45
202277.44+46.5%85.8342.49
2021BSE close52.86–61.0147.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 13 Oct 2021.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202676.5076.9070.8272.2572.7526,82,47446.6%
22 Oct 202676.5878.2473.9376.9076.3026,64,50942.6%
21 Oct 202684.6384.6374.2276.2978.7351,07,92045.4%
19 Oct 202687.8887.8883.5983.9684.6014,73,89052.6%
16 Oct 202683.5090.5082.6087.3388.131,63,04,10311.2%
15 Oct 202685.4085.4082.8883.1983.698,53,39054.3%
14 Oct 202683.6085.7583.2285.4084.8917,96,65136.4%
13 Oct 202684.3084.7682.7183.4883.3613,84,60234.6%
12 Oct 202684.4186.8083.0084.0985.1319,26,88837.8%
9 Oct 202685.4085.8581.6383.9883.8841,69,55633.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
14 Nov 2024Split0.5000Each share became 2.
7 Sep 2023Bonus0.5000Holders received 1 bonus share for every 1 held.
13 Oct 2021Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Legal name
JTL INDUSTRIES LIMITED
NSE symbol
JTLIND
BSE code
534600
ISIN
INE391J01032
Industry
Industrial Products
Listed
Jul 2012 on BSE, Dec 2021 on NSE
Face value
₹1
Former symbols
JTLINFRA
CIN
L27106CH1991PLC011536
Corporate identity number, the registrar of companies' code for it