JTL Industries Ltd Net Assets
JTL Industries Ltd net assets. Based on the latest financial reports, JTL Industries Ltd (JTLIND) has net assets worth Rs15.22 Billion INR (≈ $164.57 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs19.96 Billion ≈ $215.89 Million USD) and total liabilities (Rs4.75 Billion ≈ $51.32 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. Also explore JTL Industries Ltd (JTLIND) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs15.22 Billion |
| % of Total Assets | 76.23% |
| Annual Growth Rate | 30.84% |
| 5-Year Change | 669.84% |
| 10-Year Change | 9655.33% |
| Growth Volatility | 38.5 |
Net Assets of JTL Industries Ltd (2008–2026)
Net assets of JTL Industries Ltd from 2008 to 2026. This chart illustrates how JTL Industries Ltd's net assets have evolved over time, based on quarterly financial data. See JTLIND net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for JTL Industries Ltd (2008–2026)
The table below shows the annual net assets of JTL Industries Ltd from 2008 to 2026. For live market cap and overall valuation, see JTLIND stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs15.22 Billion ≈ $164.57 Million |
+24.87% |
| 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
JTL Industries Ltd Net Assets Breakdown (March 2026)
JTL Industries Ltd net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs393.08 Million | 2.64% |
| Other Components | Rs14.47 Billion | 97.36% |
| Total Equity | Rs14.87 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 |
|---|---|
|
Chung Hwa Chemical Industrial Works Ltd
TW:1727
|
$337.30 Million |
|
AgomAb Therapeutics NV American Depositary Shares
NASDAQ:AGMB
|
$337.35 Million |
|
Guangdong Liantai Environmental Protection Co Ltd
SHG:603797
|
$337.50 Million |
|
D-Link Corp
TW:2332
|
$337.51 Million |
|
QC Solar (Suzhou) Co. Ltd. A
SHE:301278
|
$337.10 Million |
|
Zhejiang Xinguang Pharmaceutical Co Ltd
SHE:300519
|
$336.91 Million |
|
Kuo Toong International Co Ltd
TWO:8936
|
$336.86 Million |
|
BRASI.CIA BRAS.D.PROP.ADR
F:52BA
|
$336.70 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 2025 to 2026, total equity changed from 12,183,069,000 to 14,866,046,000, a change of 2,682,977,000 (22.0%).
- Net income of 984,701,000 contributed positively to equity growth.
- Dividend payments of 25,106,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,019,883,999.
- Other factors increased equity by 3,743,265,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs984.70 Million | +6.62% |
| Dividends Paid | Rs25.11 Million | -0.17% |
| Other Comprehensive Income | Rs-2.02 Billion | -13.59% |
| Other Changes | Rs3.74 Billion | +25.18% |
| Total Change | Rs- | 22.02% |
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: 5.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 87.51x to 5.47x 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 | Rs79.32 | x |
| 2009-03-31 | Rs0.67 | Rs79.32 | x |
| 2010-03-31 | Rs0.68 | Rs79.32 | x |
| 2011-03-31 | Rs0.70 | Rs79.32 | x |
| 2012-03-31 | Rs0.74 | Rs79.32 | x |
| 2013-03-31 | Rs1.48 | Rs79.32 | x |
| 2014-03-31 | Rs0.77 | Rs79.32 | x |
| 2015-03-31 | Rs1.30 | Rs79.32 | x |
| 2016-03-31 | Rs1.42 | Rs79.32 | x |
| 2017-03-31 | Rs1.56 | Rs79.32 | x |
| 2018-03-31 | Rs2.35 | Rs79.32 | x |
| 2019-03-31 | Rs2.20 | Rs79.32 | x |
| 2020-03-31 | Rs3.01 | Rs79.32 | x |
| 2021-03-31 | Rs4.57 | Rs79.32 | x |
| 2022-03-31 | Rs7.54 | Rs79.32 | x |
| 2023-03-31 | Rs10.48 | Rs79.32 | x |
| 2024-03-31 | Rs22.34 | Rs79.32 | x |
| 2025-03-31 | Rs28.36 | Rs79.32 | x |
| 2026-03-31 | Rs14.49 | Rs79.32 | 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): 6.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.61%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.34x
- Recent ROE (6.62%) is below the historical average (13.02%), 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 |
| 2026 | 6.62% | 4.61% | 1.07x | 1.34x | Rs-501.90 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: $2,420,688,293
- Average return on equity (ROE) among peers: 8.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JTL Industries Ltd (JTLIND) | Rs15.22 Billion | 11.69% | 0.31x | $337.19 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $3.13 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $679.84 Million | 23.62% | 1.65x | $6.61 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $14.31 Billion | 11.25% | 0.76x | $101.04 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $37.33 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $661.68 Million | 3.24% | 1.16x | $111.28 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-2.49 Billion | 0.00% | 0.00x | $83.77 Million |
| Grand Foundry Limited (GFSTEELS) | $-142.14 Million | 0.00% | 0.00x | $12.49 Million |
| Goodluck India Limited (GOODLUCK) | $3.10 Billion | 10.16% | 2.16x | $194.90 Million |
| Godawari Power And Ispat limited (GPIL) | $4.56 Billion | 13.49% | 0.95x | $1.44 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $167.95 Million | 9.40% | 1.82x | $113.23 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