JTL INDUSTRIES LIMITED — Investor Meet, 29-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

JTL Industries delivered robust Q3 FY26, with consolidated turnover up 9.6% QoQ to Rs. 470.51 Cr and EBITDA up 15.3% to Rs. 42.26 Cr on 10.08% volume growth. Management reaffirms FY26 sales target of 4 lakh tons, and ambitious FY27/FY28 targets of 6.5/9 lakh tons, driven by new products like DFT, color-coated, and API pipes. The RCI Industries acquisition will expand into copper for defense/EV, targeting 10% EBITDA margins. JTL aims for Rs. 4,500-5,000 EBITDA/ton for FY27 by scaling value-added offerings. The outlook is confident, with internal accruals funding CAPEX and promoters ready to support to keep long-term debt minimal.