JTL Industries Ltd (JTLIND) - Net Assets
Based on the latest financial reports, JTL Industries Ltd (JTLIND) has net assets worth Rs12.65 Billion INR (≈ $136.77 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs15.39 Billion ≈ $166.42 Million USD) and total liabilities (Rs2.74 Billion ≈ $29.64 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of JTL Industries Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs12.65 Billion |
| % of Total Assets | 82.19% |
| Annual Growth Rate | 31.2% |
| 5-Year Change | 1157.56% |
| 10-Year Change | 8468.06% |
| Growth Volatility | 39.52 |
JTL Industries Ltd - Net Assets Trend (2008–2025)
This chart illustrates how JTL Industries Ltd's net assets have evolved over time, based on quarterly financial data. Also explore JTL Industries Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for JTL Industries Ltd (2008–2025)
The table below shows the annual net assets of JTL Industries Ltd from 2008 to 2025. For live valuation and market cap data, see JTLIND company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs12.19 Billion ≈ $131.79 Million |
+57.29% |
| 2024-03-31 | Rs7.75 Billion ≈ $83.79 Million |
+90.31% |
| 2023-03-31 | Rs4.07 Billion ≈ $44.03 Million |
+105.95% |
| 2022-03-31 | Rs1.98 Billion ≈ $21.38 Million |
+103.99% |
| 2021-03-31 | Rs969.05 Million ≈ $10.48 Million |
+60.43% |
| 2020-03-31 | Rs604.03 Million ≈ $6.53 Million |
+36.90% |
| 2019-03-31 | Rs441.20 Million ≈ $4.77 Million |
+87.43% |
| 2018-03-31 | Rs235.39 Million ≈ $2.55 Million |
+50.90% |
| 2017-03-31 | Rs155.99 Million ≈ $1.69 Million |
+9.68% |
| 2016-03-31 | Rs142.23 Million ≈ $1.54 Million |
+9.31% |
| 2015-03-31 | Rs130.11 Million ≈ $1.41 Million |
-15.40% |
| 2014-03-31 | Rs153.80 Million ≈ $1.66 Million |
+3.61% |
| 2013-03-31 | Rs148.43 Million ≈ $1.61 Million |
+4.18% |
| 2012-03-31 | Rs142.48 Million ≈ $1.54 Million |
+1.55% |
| 2011-03-31 | Rs140.30 Million ≈ $1.52 Million |
+2.93% |
| 2010-03-31 | Rs136.30 Million ≈ $1.47 Million |
+2.29% |
| 2009-03-31 | Rs133.25 Million ≈ $1.44 Million |
+10.52% |
| 2008-03-31 | Rs120.57 Million ≈ $1.30 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to JTL Industries Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 23977.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.32 Billion | 35.46% |
| Common Stock | Rs393.08 Million | 3.23% |
| Other Comprehensive Income | Rs2.02 Billion | 16.58% |
| Other Components | Rs5.45 Billion | 44.73% |
| Total Equity | Rs12.18 Billion | 100.00% |
JTL Industries Ltd Competitors by Market Cap
The table below lists competitors of JTL Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Xinning Modern Logist
SHE:300013
|
$338.26 Million |
|
Shanghai Aiyingshi Co Ltd
SHG:603214
|
$338.35 Million |
|
USANA Health Sciences Inc
NYSE:USNA
|
$338.50 Million |
|
Aofu Environmental Technology Co Ltd
SHG:688021
|
$338.81 Million |
|
Elnusa Tbk
JK:ELSA
|
$337.85 Million |
|
Aramis SAS
PA:ARAMI
|
$337.84 Million |
|
Shanghai Kai Kai Industry Co Ltd A
SHG:600272
|
$337.84 Million |
|
Gigastorage Corp
TW:2406
|
$337.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JTL Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,747,581,000 to 12,183,069,000, a change of 4,435,488,000 (57.2%).
- Net income of 988,252,000 contributed positively to equity growth.
- Dividend payments of 47,909,000 reduced retained earnings.
- New share issuances of 3,597,597,000 increased equity.
- Other comprehensive income decreased equity by 318,528,001.
- Other factors increased equity by 216,076,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs988.25 Million | +8.11% |
| Dividends Paid | Rs47.91 Million | -0.39% |
| Share Issuances | Rs3.60 Billion | +29.53% |
| Other Comprehensive Income | Rs-318.53 Million | -2.61% |
| Other Changes | Rs216.08 Million | +1.77% |
| Total Change | Rs- | 57.25% |
Book Value vs Market Value Analysis
This analysis compares JTL Industries Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 87.71x to 2.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | Rs0.91 | Rs79.50 | x |
| 2009-03-31 | Rs0.67 | Rs79.50 | x |
| 2010-03-31 | Rs0.68 | Rs79.50 | x |
| 2011-03-31 | Rs0.70 | Rs79.50 | x |
| 2012-03-31 | Rs0.74 | Rs79.50 | x |
| 2013-03-31 | Rs1.48 | Rs79.50 | x |
| 2014-03-31 | Rs0.77 | Rs79.50 | x |
| 2015-03-31 | Rs1.30 | Rs79.50 | x |
| 2016-03-31 | Rs1.42 | Rs79.50 | x |
| 2017-03-31 | Rs1.56 | Rs79.50 | x |
| 2018-03-31 | Rs2.35 | Rs79.50 | x |
| 2019-03-31 | Rs2.20 | Rs79.50 | x |
| 2020-03-31 | Rs3.01 | Rs79.50 | x |
| 2021-03-31 | Rs4.57 | Rs79.50 | x |
| 2022-03-31 | Rs7.54 | Rs79.50 | x |
| 2023-03-31 | Rs10.48 | Rs79.50 | x |
| 2024-03-31 | Rs22.34 | Rs79.50 | x |
| 2025-03-31 | Rs28.36 | Rs79.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JTL Industries Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.16%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 1.10x
- Recent ROE (8.11%) is below the historical average (13.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 11.69% | 1.86% | 1.89x | 3.33x | Rs2.04 Million |
| 2009 | 9.52% | 1.26% | 3.27x | 2.32x | Rs-644.69K |
| 2010 | 4.08% | 0.64% | 2.18x | 2.94x | Rs-8.07 Million |
| 2011 | 2.85% | 0.43% | 2.41x | 2.77x | Rs-10.03 Million |
| 2012 | 1.47% | 0.25% | 2.70x | 2.21x | Rs-12.67 Million |
| 2013 | 4.01% | 0.69% | 1.95x | 3.00x | Rs-8.89 Million |
| 2014 | 3.49% | 0.55% | 1.88x | 3.36x | Rs-10.02 Million |
| 2015 | 6.41% | 0.70% | 3.31x | 2.77x | Rs-4.67 Million |
| 2016 | 8.52% | 1.28% | 3.11x | 2.15x | Rs-2.11 Million |
| 2017 | 8.82% | 1.22% | 2.33x | 3.11x | Rs-1.84 Million |
| 2018 | 34.15% | 4.74% | 2.34x | 3.08x | Rs56.84 Million |
| 2019 | 32.87% | 4.51% | 2.98x | 2.45x | Rs100.89 Million |
| 2020 | 16.46% | 4.38% | 1.64x | 2.29x | Rs39.53 Million |
| 2021 | 20.70% | 4.63% | 2.07x | 2.16x | Rs103.73 Million |
| 2022 | 30.89% | 4.51% | 3.99x | 1.72x | Rs412.95 Million |
| 2023 | 22.14% | 5.82% | 2.75x | 1.38x | Rs494.17 Million |
| 2024 | 14.59% | 5.54% | 2.42x | 1.09x | Rs355.36 Million |
| 2025 | 8.11% | 5.16% | 1.43x | 1.10x | Rs-230.05 Million |
Industry Comparison
This section compares JTL Industries Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $56,981,137
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JTL Industries Ltd (JTLIND) | Rs12.65 Billion | 11.69% | 0.22x | $337.96 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About JTL Industries Ltd
JTL Industries Limited manufactures and sells iron and steel products in India and internationally. It offers DFT Structural Steel Pipes, galvanized steel tubes and pipes, solar module mounting structures, hollow steel section, solar mounting structures, steel tubular poles, and metal crash barriers. The company sells product under JTL ULTRA, JTL HULK, JTL HARVEST, JTL AQUA, JTL GALV-COAT, JTL AG… Read more