JTL Industries Ltd

Financial

	JTL Industries	Rama Steel Tubes	APL Apollo Tubes
Operational Metrics
Steel Sector
Manufacturing Capacity - Steel Pipes	936000.0 MTPA	294000.0 MTPA	n/a
Realization/Tonne - Steel Pipes	50168.81 Rs/MT	n/a	n/a
EBITDA/Tonne - Steel	2155.78 Rs/Tonne	2468.68 Rs/Tonne	4683.0 Rs/Tonne
Quarterly Sales Volume - Steel Pipes	108406.0 Tonnes	55256.3 Tonnes	794000.0 Tonnes
Financials
5 yr Average ROE	19.29 %	10.76 %	21.21 %
5yr average Equity Multiplier	1.49	2.61	2.09
5yr Average Asset Turnover Ratio	2.54	1.77	2.46
5yr Avg Net Profit Margin	5.13 %	2.22 %	4.13 %
Price to Book	2.48	4.44	11.15
P/E	35.76	74.46	58.6
5yr Avg Cash Conversion Cycle	74.92 Days	49.54 Days	-12.78 Days
Inventory Days	32.99 Days	48.49 Days	27.32 Days
Days Receivable	45.01 Days	78.03 Days	3.35 Days
Days Payable	11.68 Days	49.87 Days	37.78 Days
5yr Average Interest Coverage Ratio	19.34	2.74	12.14
5yr Avg ROCE	27.3 %	17.59 %	24.0 %
5yr Avg Operating Profit Margin	7.27 %	4.28 %	6.79 %
5 yr average Debt to Equity	0.3	0.82	0.26
5yr CAGR Net Profit	37.56 %	132.37 %	16.03 %
5yr Average Return on Assets	12.87 %	4.1 %	10.16 %
Shareholdings
Promoter Holding	48.91 %	47.84 %	28.31 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-5.12 %	-22.62 %	-6.21 %
Change in Mutual Fund Holding (3 Yrs)	3.08 %	-0.71 %	4.12 %

Business

	JTL Industries	Rama Steel Tubes	APL Apollo Tubes
Product Wise Break-Up	Product Wise Break-Up ERW Pipe 100.0 Solar Structure 0 Galvanised Pipes 0 Poles / Rejected Pipes / Scrap 0 Galvanized Steel Pipes 0 Black Pipes 0 Galvanized tubes 0 Pre-galvanized tubes (GP) 0 Black round pipes 0 Hollow sections 0	Product Wise Break-Up Black Pipes 43.0 Black round pipes 0 Galvanized tubes 0 Pre-galvanized tubes (GP) 0 Galvanised Pipes 0 Solar Structure 0 Hollow sections 0 Galvanised Pipes 13.0 ERW Pipe 0 Poles / Rejected Pipes / Scrap 44.0	Product Wise Break-Up Black Pipes 0 Black round pipes 0 Galvanized tubes 0 Pre-galvanized tubes (GP) 32.0 Galvanised Pipes 0 Solar Structure 0 Hollow sections 64.0 Galvanized Steel Pipes 0 ERW Pipe 0 Poles / Rejected Pipes / Scrap 0 Others 4.0
Location Wise Break-Up	Location Wise Break-Up India 94.0 Rest of the World 6.0	Location Wise Break-Up Rest of the World 0.42 India 70.15 Others 29.43	Location Wise Break-Up Rest of the World 0 India 97.0 Others 3.0
Asset Break-Up	Asset Break-Up India 100.0 Trading: Building Materials 0 Steel Pipe 0	Asset Break-Up Building Materials 58.26 Steel Pipes 41.74 India 0	-