Financial Performance Highlights
Q2 FY27 Performance (Quarter Ended September 30, 2026)
- Revenue from Operations: Rs. 197 Million, representing a 5.5x increase
- EBITDA: Rs. 23 Million with margin of 11.4%
- Reported PAT: Negative Rs. 26 Million
- Adjusted PAT (excluding additional depreciation on revalued assets): Rs. 1 Million
- Additional depreciation on revalued assets: Rs. 28 Million
- Total revenue volume: 356 MT
H1 FY27 Performance (Half Year Ended September 30, 2026)
- Revenue from Operations: Rs. 410 Million, representing a 11.4x increase
- EBITDA: Rs. 47 Million with margin of 11.5%
- Adjusted PAT (excluding additional depreciation on revalued assets): Rs. 3 Million
- Additional depreciation on revalued assets: Rs. 56 Million
- Total revenue volume: 656 MT
Management Commentary
Mr. Pranav Singla, Managing Director, commented on the performance:
- Q2 FY27 Revenue from Operations was Rs. 197 Mn compared to Rs. 212 Mn in Q1 FY27
- EBITDA margin maintained at 11.4% in Q2 and 11.5% in H1
- Profitability was impacted by additional depreciation from revaluation of assets
- Company continues focus on improving operating performance
- Expanding presence across automotive and industrial applications for copper and brass alloys
- Working towards restarting coin blanks and bullet shells and casings businesses
- Restart subject to required approvals and operational readiness
- Initiatives aimed at expanding product portfolio and supporting growth
Business Overview
JTL Defence Limited manufactures non-ferrous metal products at its facility in Baddi, Himachal Pradesh. The company offers a diversified portfolio including copper strips and foils, brass strips, stainless steel foils and phosphorous bronze strips. It caters to electrical, automotive and industrial applications across domestic and international markets, including Middle East and Africa.