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	22.08 %	10.76 %	21.12 %
5yr average Equity Multiplier	1.59	2.61	2.2
5yr Average Asset Turnover Ratio	2.81	1.77	2.41
5yr Avg Net Profit Margin	5.12 %	2.22 %	4.01 %
Price to Book	2.26	4.73	10.47
P/E	32.61	75.67	54.99
5yr Avg Cash Conversion Cycle	52.94 Days	49.54 Days	-8.87 Days
Inventory Days	32.48 Days	48.49 Days	29.12 Days
Days Receivable	29.87 Days	78.03 Days	2.68 Days
Days Payable	13.32 Days	49.87 Days	37.3 Days
5yr Average Interest Coverage Ratio	16.65	2.74	11.25
5yr Avg ROCE	31.38 %	17.59 %	23.72 %
5yr Avg Operating Profit Margin	7.48 %	4.28 %	6.86 %
5 yr average Debt to Equity	0.35	0.82	0.35
5yr CAGR Net Profit	41.3 %	132.37 %	25.21 %
5yr Average Return on Assets	14.25 %	4.1 %	9.71 %
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 Hollow sections 0 Black Pipes 43.0 Poles / Rejected Pipes / Scrap 44.0 Pre-galvanized tubes (GP) 0 Galvanized tubes 0 Galvanised Pipes 0 Solar Structure 0 ERW Pipe 0 Galvanised Pipes 13.0 Black round pipes 0	Product Wise Break-Up Hollow sections 69.0 Black Pipes 0 Poles / Rejected Pipes / Scrap 0 Pre-galvanized tubes (GP) 28.0 Galvanized tubes 0 Galvanised Pipes 0 Solar Structure 0 ERW Pipe 0 Galvanized Steel Pipes 0 Black round pipes 0 Others 3.0
Location Wise Break-Up	Location Wise Break-Up India 94.0 Rest of the World 6.0	Location Wise Break-Up India 74.06 Rest of the World 0.11 Others 25.83	Location Wise Break-Up India 94.0 Rest of the World 6.0
Asset Break-Up	Asset Break-Up India 100.0 Trading: Building Materials 0 Steel Pipe 0	Asset Break-Up Building Materials 48.19 India 0 Steel Pipes 51.81	-