JTLDEFENCE
JTL Defence financials
- Market cap
- ₹344 Cr
Quarterly results
Q1 FY27: net profit up 10.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 4 +1457% | 0 +0% | 15 +10060% | 21 |
| EBITDA | -0 | -0 | -1 | -2 | 1 +717% | 1 +2100% | 4 +635% | 2 +237% |
| Net profit | -1 | -1 | -2 | -3 | 2 +212% | -0 +98% | 2 +183% | -3 +10% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +13174.3% 1Y
1Y: ₹6.78 on 8 Sept 2025 → ₹900. High ₹906.1 (10 Sept 2026), low ₹6.18 (29 Sept 2025).
Financials, as filed
Revenue grew 190.2% a year over 2 years, FY24 to FY26. Operating margin widened to 21.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹2 Cr | ₹1 Cr | ₹19 Cr |
| Operating profit | ₹-2 Cr | ₹-1 Cr | ₹4 Cr |
| Operating margin | -98.3% | -120.4% | 21.8% |
| Interest | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Depreciation | ₹8 Cr | ₹5 Cr | ₹5 Cr |
| Net profit | ₹-9 Cr | ₹-6 Cr | ₹0 Cr |
| Net margin | -402.2% | -658.2% | 1.3% |
| Cash from operations | ₹5 Cr | ₹-8 Cr | ₹-15 Cr |
| Free cash flow | ₹5 Cr | ₹-8 Cr | ₹-23 Cr |
| ROCE | -10.6% | -7.5% | 0.7% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹11 Cr |
| Reserves | ₹-66 Cr | ₹-137 Cr | ₹-154 Cr | ₹-164 Cr | ₹-171 Cr | ₹186 Cr |
| Borrowings | ₹233 Cr | ₹234 Cr | ₹236 Cr | ₹236 Cr | ₹236 Cr | ₹60 Cr |
| Other liabilities | ₹12 Cr | ₹6 Cr | ₹12 Cr | ₹18 Cr | ₹10 Cr | ₹74 Cr |
| Total liabilities | ₹195 Cr | ₹118 Cr | ₹109 Cr | ₹106 Cr | ₹90 Cr | ₹330 Cr |
| Fixed assets | ₹71 Cr | ₹62 Cr | ₹56 Cr | ₹48 Cr | ₹41 Cr | ₹236 Cr |
| Capital work in progress | ₹8 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹4 Cr |
| Investments | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Other assets | ₹104 Cr | ₹39 Cr | ₹34 Cr | ₹39 Cr | ₹31 Cr | ₹77 Cr |
| Total assets | ₹195 Cr | ₹118 Cr | ₹109 Cr | ₹106 Cr | ₹90 Cr | ₹330 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +26.71 pp while the public trimmed −26.70 pp. The shareholder count shrank 20% to 3,442.
- Promoters
- 95.0%
- Public
- 5.0%
Since Jun 2025
- Promoters +26.71 pp
- Public −26.70 pp
How it drifted, 12 quarters
Over this window promoters went from 68.3% to 95.0% — +26.7 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 68.3%, Public 31.7%.Dec '23: Promoters 68.3%, Public 31.7%.Mar '24: Promoters 68.3%, Public 31.7%.Jun '24: Promoters 68.3%, Public 31.7%.Sep '24: Promoters 68.3%, Public 31.7%.Dec '24: Promoters 68.3%, Public 31.7%.Mar '25: Promoters 68.3%, Public 31.7%.Jun '25: Promoters 68.3%, Public 31.7%.Sep '25: Promoters 68.3%, Public 31.7%.Dec '25: Promoters 68.3%, Public 31.7%.Mar '26: Promoters 95.0%, Public 5.0%.Jun '26: Promoters 95.0%, Public 5.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of JTL Defence Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| JTL Industries Limited | 95.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse JTL Defence Ltd
Guides on how to read this kind of business and the numbers that matter.