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JTL Industries Ltd

Q2 FY26Industrial Products

JTL Industries Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹87
Market cap₹3.3K Cr
P/E29.1
Updated16 Oct 2026
Read4 min read

JTL Industries Ltd Q2 FY26 key numbers

Revenue
FY '29 volume forecast: crossing 1 million tons.

As stated in JTL Industries Ltd's Q2 FY26 earnings call transcript · published 16 Oct 2026. Reported figures, not investment advice.

The short version

FY '26 volume guidance: 4.5 lakh to 5 lakh tons of sales volume. Volume guidance shows strong growth: from 4.5-5 lakh tons in FY '26 to 6-6.5 lakh tons in FY '27, 9 lakh tons in FY '28, and crossing 1 million tons in FY '29.

From JTL Industries Ltd's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • FY '26 volume guidance: 4.5 lakh to 5 lakh tons of sales volume.
  • FY '27 volume target: 6 lakh to 6.5 lakh tons.
  • FY '28 volume estimate: 9 lakh tons.
  • FY '29 volume forecast: crossing 1 million tons.
  • Volume guidance given instead.
  • EBITDA per ton expected to improve from INR4,000 in FY '26 to above INR5,000 by FY '28.
  • Demand expected to strengthen in H2 FY '26 with Q3 volumes targeted at 1,20,000 tons and Q4 at 1,40,000 to 1,50,000 tons.

2 more points from JTL Industries Ltd's call on revenue

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Profitability & Margins

See what JTL Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Major ongoing capex is at the Maharashtra plant to increase capacity from 4 lakh tons to 1.4 million tons.
  • Capex phases:
  • Narrow width GI coil line to start by mid-January (Q4 FY '26).
  • Color-coated plant for pipes and sheets expected by end of H1 FY '27.
  • API-grade products line planned after color-coated plant.
  • New acquisition: Full ownership of RC Industries (RCI), a subsidiary producing phosphorus, bronze, copper, and brass products with 16,000 tons capacity.
  • RC Industries has historically delivered 7-8% EBITDA margins.

2 more points from JTL Industries Ltd's call on capex

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Top-ranked in Industrial Products

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
2Shera Energy
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what JTL Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Some relevant insights related to demand and sales outlook include: - Sales volume guidance: 4.5 to 5 lakh tons for FY '26; expected to increase to 6 lakh to 6.5 lakh tons FY '27; aiming to reach 9 lakh tons FY '28 and cross 1 million tons by FY '29. - Post-flood recovery with anticipation to cover disrupted volumes in Q3 and Q4 FY '26. - Demand expected to pick up in H2 FY '26, with Q3 and Q4 sales targets of 1.2 lakh and 1.4 lakh tons respectively.

2 more points from JTL Industries Ltd's call on order book

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JTL Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹500 Cr, net profit ₹26 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Others in Industrial Products this season

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    Revenue from Operations for H1 FY26: ₹2,190 lakhs, up 138.04% YoY (from ₹920 lakhs in H1 FY25) (Page 19) . Key investor presentation takeaways from Lead Reclaim

  • Shubhshree Biofuels Energy Ltd (Q2 FY26)

    Revenue from operations for H1 FY26: ₹9,604.6 Lakhs . Key investor presentation takeaways from Shubhshree Biofuels Energy Ltd's Q2 FY26 investor presentation —

  • De Neers Tools Ltd (Q2 FY26)

    H1FY26 Net Sales:** ₹670.4 Mn . Key investor presentation takeaways from De Neers Tools's Q2 FY26 investor presentation — and how it ranks against sector peers.

  • WOL 3D India Ltd (Q2 FY26)

    Revenue from Operations for H1FY26 is Rs 415 Mn, up 82% YoY from Rs 227 Mn in H1FY25 (Page 9, Page 5). Key investor presentation takeaways from WOL 3D India Ltd

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Frequently Asked Questions

What were JTL Industries Ltd Q2 FY26 results?

FY '26 volume guidance: 4.5 lakh to 5 lakh tons of sales volume. Volume guidance shows strong growth: from 4.5-5 lakh tons in FY '26 to 6-6.5 lakh tons in FY '27, 9 lakh tons in FY '28, and crossing 1 million tons in FY '29.

What is JTL Industries Ltd share price analysis?

JTL Industries Ltd currently shows a neutral. The stock trades at a P/E of 29.1 with a market cap of ₹3,336 Cr. Investors should review the full earnings analysis for detailed insights.

Is JTL Industries Ltd planning capital expenditure?

Major ongoing capex is at the Maharashtra plant to increase capacity from 4 lakh tons to 1.4 million tons.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.