JTL Infra Ltd announces Financial Results for Q4 & FY2021

Financial Performance Highlights

Performance Review for Q4 FY2021 vs. Q4 FY2020

- Sales Volumes higher by 66.41% to 38,715 metric tons from 23,265 metric tons

- Net Revenue increased by 164.57% to Rs. 20,418.65 Lakhs compared to Rs. 7,717.57 Lakhs

- EBIDTA at Rs. 1,648.61 Lakhs compared to Rs. 413.02 Lakhs, higher by 299.16%

- PBT at Rs. 1,480.71 Lakhs as compared to Rs. 439.43 Lakhs, increased by 236.95%

- Profit after tax at Rs. 1,092.36 Lakhs compared to Rs. 316.20 Lakhs, higher by 245.46%

Performance Review for Q4 FY2021 vs. Q3 FY2021

- Sales Volumes grew by 98.42% to 38,715 metric tons from 19,512 metric tons

- Net Revenue increased by 102.28% to Rs. 20,418.65 Lakhs compared to Rs. 10,094.36 Lakhs

- EBIDTA at Rs. 1,648.61 Lakhs compared to Rs. 857.66 Lakhs, increase of 92.22%

- PBT at Rs. 1,480.71 Lakhs as compared to Rs. 670.87 Lakhs, higher by 120.71%

- Profit after tax at Rs. 1,092.36 Lakhs compared to Rs. 501.55 Lakhs, higher by 117.80%

Performance Review for FY2021 vs. FY2020

- Sales Volumes by 73.66% to 82,710 metric tons from 47,627 metric tons

- Net Revenue increased by 89.52% to Rs. 43,576.10 Lakhs compared to Rs. 22,992.87 Lakhs

- EBIDTA at Rs. 3,279.07 Lakhs compared to Rs. 1,641.77 Lakhs, higher by 99.73%

- PBT at Rs. 2,702.73 Lakhs as compared to Rs. 1,363.32 Lakhs, higher by 98.25%

- Profit after tax at Rs. 2,006.32 Lakhs compared to Rs. 1,007.51 Lakhs, higher by 99.14%

Other Developments

1. The Board of Directors of the Company, to augment the long-term resources of the Company and to fund the ongoing capex, future expansion and working capital margin, during the quarter ended March 31, 2021 allotted 25,00,000 fully convertible warrants, on preferential basis, pursuant to members approval obtained for this purpose.

2. In line with the Company's well-thought-out long-term business strategy of consolidation of existing businesses and geographically diversifying and expanding its manufacturing footprint in emerging markets across India:

- completed the integration of recently acquired manufacturing facility at Mandi Gobindgarh, Punjab with the Company's businesses

- scaled up the production at Mangaon Plant - company's newly commissioned state of the art manufacturing facilities, already having installed capacity of 1 Lacs MTPA and trial production for another 1 Lac MTPA capacity is expected shortly

- expanding its product offering in other products segments to reduce its dependency on hot-dipped Galvanized Pipes.

Shares of JTL INFRA LTD. was last trading in BSE at Rs.512.05 as compared to the previous close of Rs. 502.05. The total number of shares traded during the day was 29198 in over 337 trades.

The stock hit an intraday high of Rs. 512.05 and intraday low of 494.9. The net turnover during the day was Rs. 14779580.

Source : Equity Bulls

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