Integrated Filing — IndAS



General information about company
Scrip Code 534600
NSE Symbol JTLIND
MSEI Symbol NOTLISTED
ISIN INE391J01032
Name of company JTL Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Steel Pipes
Start date and time of board meeting 27-May-2025   13:00:00
End date and time of board meeting 27-May-2025   15:25:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 4694692000 19613111000
Other income 88440000 224482000
Total income 4783132000 19837593000
2 Expenses
(a) Cost of materials consumed 3354036000 15195988000
(b) Purchases of stock-in-trade 723347000 1624028000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 91962000 4739000
(d) Employee benefit expense 83775000 278096000
(e) Finance costs 12797000 45249000
(f) Depreciation, depletion and amortisation expense
(f) Other Expenses
1 Other Expenses 263361000 830702000
Total other expenses 263361000 830702000
Total expenses 4559289000 18071474000
3 Total profit before exceptional items and tax
4 Exceptional items
5 Total profit before tax 223843000 1766119000
6 Tax expense
7 Current tax 51393000 314479000
8 Deferred tax 4194000 13388000
9 Total tax expenses 55587000 327867000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement
11 Net Profit Loss for the period from continuing operations
12 Profit (loss) from discontinued operations before tax
13 Tax expense of discontinued operations
14 Net profit (loss) from discontinued operation after tax
15 Share of profit (loss) of associates and joint ventures accounted for using equity method
16 Total profit (loss) for period
17 Other comprehensive income net of taxes
18 Total Comprehensive Income for the period
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 393082000 393082000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations
Diluted earnings (loss) per share from continuing operations
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations
Diluted earnings (loss) per share from discontinued operations
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.43 2.6
Diluted earnings (loss) per share from continuing and discontinued operations 0.38 2.3
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. These consolidated financial results have been prepared in accordance with the recognition and measurement principle of applicable Indian Accounting Standards (‘IndAS’)prescribed under Section 133 of the Companies Act, 2013. The above audited consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company in its meeting held on 27th day of May, 2025. The statutory auditors have expressed an unmodified opinion in the audit report on these consolidated financial results. n n2. The Group operates in one reportable business segment i.e., manufacturing of ‘Steel Tubes, Pipes and Structures’ there are no separate reportable segment pursuant to IND AS-108. n n3. During the financial year, the Holding Company has undertaken the Sub-division of equity shares and accordingly the face value has been reduced from Rs. 2/-to Re. 1/-. Board of Directors had decided the Sub-Division/Split of 19,65,40,815 Equity shares of Rs. 2/- each into 39,30,81,630 Equity shares of Re. 1/- each in their meeting held on 3rd October, 2024, which was further approved by the shareholders of the Holding Company in their EGM held on 26th October, 2024. n n4. In the wake of sub-division/split of equity shares of the Holding Company, the EPS for the current period and corresponding periods have been stated/restated as per the provisions of IND AS-33 “Earning Per Share”. n n5. The Group has carried out exercise of balances confirmation of trade receivable, trade payable, advances given, and other financial and non-financial assets and liabilities and have received confirmations in most of the cases. In few cases, such balances are subject to confirmation/reconciliation and their balances are stated as per books of accounts. Adjustments, if any, will be accounted for on confirmation/reconciliation of the same, which in the opinion of the management will not have a material impact. n n6. The figures of the quarter ended 31st March, 2025 and 31st March, 2024 are balancing figures between audited figures for the full financial year and the reviewed year-to-date figures up to the third quarter of the respective financial years. n n7. The Group has not discontinued any of its operations during the period under review/ audit. n n8. Figures for the previous year/ quarters have been reclassified/ regrouped wherever necessary. n n9. The results of the group are also available for investors at www.jtl.one,www.bseindia.com, and www.nseindia.com.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1891541000
Capital work-in-progress
Investment property
Goodwill
Other intangible assets
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 102926000
Trade receivables, non-current
Loans, non-current
Other non-current financial assets
Total non-current financial assets
Deferred tax assets (net)
Other non-current assets 724667000
Total non-current assets 3383740000
2 Current assets
Inventories 2173911000
Current financial asset
Current investments 0
Trade receivables, current
Cash and cash equivalents 744296000
Bank balance other than cash and cash equivalents 28737000
Loans, current
Other current financial assets
Total current financial assets
Current tax assets (net)
Other current assets 3039164000
Total current assets 9714580000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 13098320000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital
Other equity
Total equity attributable to owners of parent
Non controlling interest
Total equity
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities
Provisions, non-current
Deferred tax liabilities (net) 12092000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 178541000
Current liabilities
Current financial liabilities
Borrowings, current
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other current financial liabilities
Total current financial liabilities
Other current liabilities 122536000
Provisions, current
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 894751000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities
Total equity and liabilites 13098320000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1766119000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 45249000
Adjustments for decrease (increase) in inventories -669597000
Adjustments for decrease (increase) in trade receivables, current
Adjustments for decrease (increase) in trade receivables, non-current
Adjustments for decrease (increase) in other current assets -1855401000
Adjustments for decrease (increase) in other non-current assets
Adjustments for other financial assets, non-current
Adjustments for other financial assets, current
Adjustments for other bank balances
Adjustments for increase (decrease) in trade payables, current
Adjustments for increase (decrease) in trade payables, non-current
Adjustments for increase (decrease) in other current liabilities 5140000
Adjustments for increase (decrease) in other non-current liabilities
Adjustments for depreciation and amortisation expense 92672000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current
Adjustments for provisions, non-current
Adjustments for other financial liabilities, current
Adjustments for other financial liabilities, non-current
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 9700000
Adjustments for interest income
Adjustments for share-based payments 0
Adjustments for fair value losses (gains)
Adjustments for undistributed profits of associates
Other adjustments for which cash effects are investing or financing cash flow -14968000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -132612000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -3430552000
Net cash flows from (used in) operations -1664433000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 342443000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -2006876000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 1780237000
Proceeds from sales of investment property
Purchase of investment property
Proceeds from sales of intangible assets -148668000
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development
Purchase of intangible assets under development
Proceeds from sales of goodwill
Purchase of goodwill
Proceeds from biological assets other than bearer plants
Purchase of biological assets other than bearer plants
Proceeds from government grants 0
Proceeds from sales of other long-term assets
Purchase of other long-term assets
Cash advances and loans made to other parties 113067000
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 9700000
Interest received 132683000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 19041000
Net cash flows from (used in) investing activities -1880548000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries
Payments from changes in ownership interests in subsidiaries
Proceeds from issuing shares
Proceeds from issuing other equity instruments -648377000
Payments to acquire or redeem entity's shares
Payments of other equity instruments
Proceeds from exercise of stock options
Proceeds from issuing debentures notes bonds etc 3757736000
Proceeds from borrowings 561689000
Repayments of borrowings 0
Payments of lease liabilities
Dividends paid 47909000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 403929000
Net cash flows from (used in) financing activities 4069433000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 182009000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 182009000
Cash and cash equivalents cash flow statement at beginning of period 1012287000
Cash and cash equivalents cash flow statement at end of period 1194296000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 N Kumar Chhabra & Co. Yes 31-Aug-2027