JTL Industries Ltd (NSE:JTLIND)
₹ 75.44 -1.35 (-1.76%) Market Cap: 29.69 Bil Enterprise Value: 32.03 Bil PE Ratio: 24.42 PB Ratio: 1.99 GF Score: 95/100

Q3 2025 JTL Industries Ltd Earnings Call Transcript

Jan 28, 2025 / 12:00PM GMT
Release Date Price: ₹95.36 (-2.88%)

Key Points

Positve
  • JTL Industries Ltd (BOM:534600) achieved a total income of INR4,525 million in Q3 FY25, demonstrating strong financial performance.
  • The company reported a profit after tax of INR249 million, with a PAT margin of 5.5%, indicating profitability.
  • Export volumes doubled year over year, reaching 26,859 metric tonnes for nine months, now representing 10% of total sales.
  • The Raipur plant expansion doubled its capacity to 2 lakh metric tonnes per annum, supporting the goal of reaching 1 million metric tonnes by year-end.
  • JTL secured a significant INR265 crore order for supplying galvanized mining steel tubes for the Jal Jeevan Mission, highlighting its capability to contribute to national infrastructure projects.
Negative
  • The DFT expansion planned for Q3 was delayed to Q4, impacting the sales volume guidance for FY25.
  • Other income fell this quarter, raising concerns about the sustainability of revenue streams.
  • The company faced challenges with price corrections and destocking, affecting EBITDA levels.
  • There was a sequential decline in other expenses and employee benefits, indicating potential cost management issues.
  • The EBITDA per tonne decreased due to consistent price corrections, falling below INR4,000 in the nine-month period.
Operator

Ladies and gentlemen, good day, and welcome to the Q3 FY25 earnings conference call of JTL Industries Limited hosted by JM Financials. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Dharmesh Shah from JM Financials. Thank you, and over to you, Mr. Shah.

Dharmesh Shah
JM Financials - Investor Relations

Thank you. Good evening, everyone. I warmly welcome everybody to JTL Industries quarter three earnings conference call. On the management side, today, we have with us Mr. Pranav Singla, Executive Director; Mr. Dhruv Singla, Executive Director; Mr. Atul Garg, CFO; and Mr. Amit Gaur, Chief Strategy Officer.

Without taking any more time, I will hand over the call to Mr. Pranav Singla for his opening remarks. Over to you, sir.

Dhruv Singla
JTL Industries Ltd - Executive Director

Hi, good evening, everybody. Dear all, good evening, everybody. I hope you are -- you and your families are having a wonderful start today here. I, Dhruv Singla,

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