JTL Industries (NSE:JTLIND) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:JTLIND JTL Industries Ltd NSE:JTLIND
95 GF Score
Price ₹89.55
GF Value ₹116.79
Valuation Modestly Undervalued
! 8 Warning Signs
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What is JTL Industries Debt-to-Equity?

JTL Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. JTL Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. JTL Industries's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for JTL Industries's Debt-to-Equity or its related term are showing as below:

NSE:JTLIND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.59   Max: 1.02
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of JTL Industries was 1.02. The lowest was 0.03. And the median was 0.59.

NSE:JTLIND's Debt-to-Equity is ranked better than
75.55% of 548 companies
in the Steel industry
Industry Median: 0.405 vs NSE:JTLIND: 0.16

JTL Industries  (NSE:JTLIND) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

JTL Industries Debt-to-Equity Related Terms

JTL Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for JTL Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JTL Industries Debt-to-Equity Chart

JTL Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.26 0.03 0.06 0.16

JTL Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.13 N/A 0.16 N/A

NSE:JTLIND vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, JTL Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

JTL Industries Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, JTL Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where JTL Industries's Debt-to-Equity falls into.


NSE:JTLIND
95GF Score
JTL Industries Ltd NSE:JTLIND
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTL Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JTL Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(2140.552 + 300) / 14866.046
=0.16

JTL Industries's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is JTL Industries (NSE:JTLIND) Overvalued in 2026?

Based on GuruFocus' analysis, JTL Industries stock appears to be undervalued. The current stock price of ₹89.55 is trading 23.3% below its estimated GF Value™ of ₹116.79. GuruFocus considers JTL Industries to be Modestly Undervalued.

Key valuation signals for NSE:JTLIND:

  • Debt-to-Equity: N/A
  • GF Value™: ₹116.79 vs. price of ₹89.55 (23.3% below fair value)
  • GF Score™: 95/100 with 8 warning signs

No single metric tells the full story. See the NSE:JTLIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JTL Industries Business Description

Other Exchanges 534600:India
Address SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. The Company's business operations predominantly relate to the manufacture of a single product, i.e., ERW pipes for selling world wide. The company has a pan-India presence and is globally present in serving continents. It derives maximum revenue from India.
95GF Score

Get the complete analysis for NSE:JTLIND

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹89.55
Price
₹116.79
GF Value