| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 15.24 | 3149.6% | 10033.5% |
| Total Income | 15.24 | 2781.1% | 9688.6% |
| Expenditure | 13.83 | 2514.9% | 532.5% |
| PBT | 1.41 | 169.3% | |
| Net Profit | 1.70 | 6627.3% | 182.8% |
| OPM | 24.23% | ||
| NPM | 11.14% | 16.24pp | |
| EPS | 1.21 | 7.6% |
JTL Defence Q4 FY26: PAT at ₹17 Mn vs Loss of ₹20 Mn YoY
06 May 2026 · 6 May, 6:21 pm
Summary
JTL Defence Limited announced a strong turnaround in its financial performance for the fourth quarter and full financial year ended March 31, 2026. For Q4 FY26, revenue from operations reached Rs. 152 Mn, with EBITDA improving to Rs. 37 Mn and Profit After Tax turning positive at Rs. 17 Mn, marking a significant recovery from previous losses. The full financial year FY26 saw revenue from operations surge to Rs. 193 Mn, an ~18.3x growth year-over-year, with both EBITDA and PAT turning positive at Rs. 42 Mn and Rs. 3 Mn respectively, reflecting substantial improvements from the prior year's losses. The management highlighted the successful transition under new leadership, focused execution, and a calibrated ramp-up of operations as key drivers, expressing confidence in sustained performance improvements through increased capacity utilization and value-added products.
Key Highlights
- 1
JTL Defence reported a significant turnaround in Q4 FY26, with Revenue from Operations reaching Rs. 152 Mn, marking a sharp scale-up both year-over-year and quarter-over-quarter.
- 2
EBITDA for Q4 FY26 improved significantly to Rs. 37 Mn, a substantial recovery from Rs. 12 Mn in Q3 FY26 and a loss of Rs. 7 Mn in Q4 FY25.
- 3
Profit After Tax (PAT) turned positive at Rs. 17 Mn in Q4 FY26, compared to losses of Rs. 3 Mn in Q3 FY26 and Rs. 20 Mn in Q4 FY25.
- 4
For the full financial year 2026, Revenue from Operations surged to Rs. 193 Mn, reflecting a strong ~18.3x year-over-year growth from Rs. 10 Mn in FY25.
- 5
FY26 EBITDA turned positive at Rs. 42 Mn, improving by Rs. 54 Mn year-over-year from a loss of Rs. 12 Mn in FY25.
- 6
Profit After Tax for FY26 also became positive at Rs. 3 Mn, an improvement of Rs. 67 Mn compared to a loss of Rs. 64 Mn in FY25.
- 7
Total processing volume stood at 222 MT in Q4 FY26, comprising 164 MT in sales volume and 58 MT in job work volume.
Management Comments
Mr. Pranav Singla
The performance during the quarter marks a significant milestone for the Company, being the first full quarter of operations following the successful completion of the NCLT process and the transition to new management. The Company reported profitability in Q4 FY26, reflecting a strong turnaround driven by focused execution and a calibrated ramp-up of operations. During the quarter, the Company witnessed a sharp improvement in scale, supported by higher capacity utilisation and improved operating efficiencies. The management remains focused on optimising plant operations and enhancing throughput, which has contributed to the improvement in profitability during the period. The quarter also represents the first phase of the Company’s transformation under the new management, with a clear emphasis on strengthening operational capabilities, improving product mix and building a sustainable growth platform. The Company is actively working towards increasing the share of value-added products in its overall portfolio, which is expected to support margin expansion over the medium term. Looking ahead, the Company remains focused on further improving capacity utilisation, expanding its presence across key customer segments and driving growth through a higher contribution from value-added products. With a strengthened operational base and strategic direction in place, the management is confident of delivering sustained improvement in performance going forward.
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