JTL Industries Ltd

Financial

	JTL Industries	Rama Steel Tubes	APL Apollo Tubes
Operational Metrics
Steel Sector
EBITDA/Tonne - Steel	3603.52 Rs/Tonne	2012.81 Rs/Tonne	4173.0 Rs/Tonne
Steel Tubes & Pipes
Manufacturing Capacity - Steel Pipes	686000.0 MTPA	294000.0 MTPA	n/a
Realization/Tonne - Steel Pipes	46306.21 Rs/MT	n/a	n/a
Quarterly Sales Volume - Steel Pipes	97488.0 Tonnes	51669.01 Tonnes	828000.0 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	2.12	4.36	11.53
P/E	22.54	66.5	69.98
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 %	47.96 %	28.31 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-6.35 %	-22.5 %	-6.21 %
Change in Mutual Fund Holding (3 Yrs)	2.76 %	-0.71 %	4.41 %

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 Galvanised Pipes 0 Black round pipes 0 Solar Structure 0 Galvanized tubes 0 Hollow sections 0 Pre-galvanized tubes (GP) 0 Galvanised Pipes 13.0 Poles / Rejected Pipes / Scrap 44.0 Black Pipes 43.0 ERW Pipe 0	Product Wise Break-Up Galvanised Pipes 0 Black round pipes 0 Solar Structure 0 Galvanized tubes 0 Hollow sections 70.0 Pre-galvanized tubes (GP) 27.0 Galvanized Steel Pipes 0 Poles / Rejected Pipes / Scrap 0 Black Pipes 0 ERW Pipe 0 Others 3.0
Location Wise Break-Up	Location Wise Break-Up India 90.0 Rest of the World 10.0	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 India 0 Building Materials 41.71 Steel Pipes 58.29	-