Capital Expenditure Details

JTL Engineering Limited, a subsidiary of JTL Industries Limited, will undertake a capital expenditure of approximately Rs. 15 Crores for expansion of its narrow-width HR coil manufacturing capacity.

Capacity Expansion Details

The expansion will double the subsidiary's HR coil manufacturing capacity from the current 5,000 MT per month to 10,000 MT per month. The expanded facility is expected to be commissioned in Q4 FY27 (January-March 2027 quarter).

Technical Specifications Enhancement

The expansion will enable manufacturing of wider narrow-width HR coils, increasing the maximum coil width from the current 9 inches (228.6 mm) to 11 inches (279.4 mm). This will broaden the range of narrow-width HR coils that can be manufactured, allowing the company to address a wider set of product specifications and customer requirements.

Raw Materials and Manufacturing Process

JTL Engineering Limited's manufacturing process uses sponge iron and steel scrap as key raw materials. The use of scrap supports efficient utilization of raw materials and forms part of the company's approach towards recycling and circular manufacturing.

Management Commentary

Mr. Madan Mohan, Managing Director of JTL Industries Limited, stated: "The proposed expansion reflects our focus on strengthening JTL Engineering Limited's manufacturing capabilities and expanding the range of products that we can offer. The additional capacity and wider coil capability will enable us to cater to a broader range of product specifications and customer requirements."

Company Background

JTL Industries Limited is a leading manufacturer of structural steel tubes and pipes with registered office in Chandigarh. The company operates manufacturing facilities in Punjab, Maharashtra, Chhattisgarh and Himachal Pradesh (including subsidiaries). Cumulative pipe manufacturing capacity is approximately 9,36,000 MTPA, with around 3,00,000 MTPA dedicated to backward integration. The company is a recognized Three Star Export House.

Product Range

Includes DFT Structural Pipes, GI Pipes, MS Black Pipes, Hollow Sections, Solar Structures, HR Coils and Phosphorous Bronze, Copper and Brass Alloys, catering to various industrial and infrastructural applications.

Disclaimer

The document contains forward-looking statements subject to risks and uncertainties including government actions, economic developments, regulatory changes, and other factors that could cause actual results to differ materially.