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Earnings Call

JTL Defence Earnings Call: Key Takeaways

JTL Defence (formerly RCI Industries) reported FY26 turnaround with Rs 193 Mn revenue and Rs 3 Mn PAT, shifting focus to high-value copper alloys.

Why this was an Alfa AlertNot a filter event. Company reported a turnaround but did not provide specific prior guided ranges for a material beat comparison.
Highlights
Revenue growthFY26 +18.3x YoY to Rs 193 Mn
MarginsQ4 FY26 EBITDA margin at 24.2%; FY26 at 21.8%
Demand visibilityStrong demand from electrical, industrial, and defence sectors
Management confidenceFocus on restoring historical revenue levels in 2-3 years

Growth

FY26 revenue surged 18.3x to Rs 193 Mn; Q4 FY26 PAT turned positive at Rs 17 Mn.

Outlook

Targeting FY17-19 revenue levels in 2-3 years; planned capex for capacity utilization improvement by FY27-end.

Risks

Historical volatility; dependence on job work income during initial FY26 months; scaling risks in defence manufacturing.

Source

Earnings Call filed with BSE, NSE: RCIIND. Summary written with AI assistance from the document.

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JTL Defence Ltd: key numbers

Share price
₹743.60
Market cap
₹782.7 Cr
Revenue (annual)
₹19.29 Cr
Net profit (annual)
₹0.27 Cr
P/E (TTM)
1389.0×Sector 19.0×
Promoter holding
95.00%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from JTL Defence Ltd

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11:41 IST BSE
Management Change

JTL Defence Management Change

JTL Defence appointed Mr. Deevesh Bhojia as Executive Director for 60 months effective 29 Aug 2026. He is cousin to the WTD and MD, bringing finance and manufacturing operations experience.

21:03 IST BSE
Annual General Meeting

JTL Defence Annual General Meeting

JTL Defence Limited held its 35th Annual General Meeting. All seven resolutions, including financial adoption and director appointments, were passed by shareholders.

18:45 IST BSE
Other Announcement

JTL Defence Other Announcement

JTL Defence received approval from the Regional Director to shift its registered office from Delhi to Himachal Pradesh. The company is processing necessary e-filings.

17:04 IST BSE
Financial Results

JTL Defence Q4 FY26 Results: Turns Profitable, Net Profit ₹1.7 Cr

JTL Defence Ltd reported revenue from operations of ₹15.2 Cr (+7500.0% YoY) and net profit of ₹1.7 Cr for Q4 FY26.

Key figure
Net profit ₹1.7 Cr