JTL Defence FY26: Production restart drives sharp Q4 turnaround

The presentation lists copper strips and foils, brass strips, phosphorous bronze strips, and stainless steel foils as its product portfolio.

FY26 revenue from operations was Rs 193 Mn, EBITDA without other income was Rs 42 Mn, and profit after tax was Rs 3 Mn.

The company states production commenced in January 2026 and the first nine months primarily comprised job work income, so full-year operational metrics are not comparable.

Q4 FY26 revenue from operations was Rs 152 Mn, EBITDA without other income was Rs 37 Mn, and PAT was Rs 17 Mn, versus very low revenues and losses in Q4 FY25 and Q3 FY26.

The presentation mentions a facility in Baddi, Himachal Pradesh with 20,000 MTPA capacity.

The presentation states export demand across global markets including the Middle East and Africa.

The company states it aims to restore revenue levels achieved during FY17 to FY19 over the next 2 to 3 years and expects meaningful improvement in capacity utilization by end of FY27 with a gradual increase in value-added mix.