JTL Industries Ltd

Financial

	JTL Industries	Rama Steel Tubes	APL Apollo Tubes
Operational Metrics
Steel Sector
EBITDA/Tonne - Steel	4212.77 Rs/Tonne	4091.45 Rs/Tonne	4631.0 Rs/Tonne
Steel Tubes & Pipes
Manufacturing Capacity - Steel Pipes	586000.0 MTPA	294000.0 MTPA	n/a
Realization/Tonne - Steel Pipes	56229.72 Rs/MT	n/a	n/a
Quarterly Sales Volume - Steel Pipes	100905.0 Tonnes	46919.8 Tonnes	604000.0 Tonnes
Financials
5 yr Average ROE	24.58 %	10.94 %	20.13 %
5yr average Equity Multiplier	1.75	2.63	2.38
5yr Average Asset Turnover Ratio	2.94	1.98	2.43
5yr Avg Net Profit Margin	4.98 %	1.99 %	3.62 %
Price to Book	8.85	6.57	13.43
P/E	35.16	60.14	57.68
5yr Avg Cash Conversion Cycle	56.04 Days	45.05 Days	-4.11 Days
Inventory Days	33.82 Days	43.34 Days	29.95 Days
Days Receivable	29.53 Days	46.19 Days	5.2 Days
Days Payable	15.93 Days	34.54 Days	35.18 Days
5yr Average Interest Coverage Ratio	12.03	2.53	9.92
5yr Avg ROCE	35.19 %	17.51 %	24.26 %
5yr Avg Operating Profit Margin	8.04 %	4.71 %	6.94 %
5 yr average Debt to Equity	0.42	0.94	0.47
5yr CAGR Net Profit	35.05 %	26.08 %	34.06 %
5yr Average Return on Assets	14.53 %	4.14 %	8.85 %
Shareholdings
Promoter Holding	54.3 %	56.7 %	29.44 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-13.54 %	-5.63 %	-7.56 %
Change in Mutual Fund Holding (3 Yrs)	0.07 %	0.0	3.35 %

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 ERW Pipe 0 Galvanised Pipes 0 Black Pipes 43.0 Galvanised Pipes 13.0 Solar Structure 0 Poles / Rejected Pipes / Scrap 44.0 Pre-galvanized tubes (GP) 0 Hollow sections 0 Galvanized tubes 0 Black round pipes 0	Product Wise Break-Up ERW Pipe 0 Galvanised Pipes 0 Black Pipes 0 Galvanized Steel Pipes 0 Solar Structure 0 Poles / Rejected Pipes / Scrap 0 Pre-galvanized tubes (GP) 26.0 Hollow sections 68.0 Galvanized tubes 0 Black round pipes 0 Others 6.0
Location Wise Break-Up	Location Wise Break-Up India 96.0 Rest of the World 4.0	Location Wise Break-Up Rest of the World 0 India 100.0	Location Wise Break-Up Rest of the World 0.01 India 99.99
Asset Break-Up	Asset Break-Up India 100.0 Trading: Building Materials 0 Steel Pipe 0	Asset Break-Up Steel Pipes 62.43 Building Materials 37.57 India 0	-