JTL Engineering to Double Narrow-Width HR Coil Capacity with Rs 15 Crore Capex
JTL Industries Limited, a leading manufacturer of structural steel tubes and pipes, has announced that its subsidiary, JTL Engineering Limited, is undertaking a capital expenditure of approximately Rs 15 Crore. The investment is aimed at significantly expanding the narrow-width HR coil manufacturing capacity of the company.The expansion is set to double JTL Engineering Limited's HR coil production capability. Currently, the facility produces 5,000 MT per month, which will be increased to 10,000 MT per month following the expansion. The expanded facility is anticipated to be commissioned in Q4 FY27.
This capacity enhancement will also allow JTL Engineering Limited to improve the range of products manufactured. The maximum coil width capability will increase from the current 9 inches (228.6 mm) to 11 inches (279.4 mm).
The manufacturing process at JTL Engineering Limited emphasizes sustainable practices. The process utilizes sponge iron and steel scrap as key raw materials, supporting efficient material utilization and aligning with the company's commitment to circular manufacturing.
Details of the manufacturing capability shift are presented below:
| Parameter | Current Capability | Expanded Capability |
|---|---|---|
| Production Capacity | 5,000 MT per month | 10,000 MT per month |
| Maximum Coil Width | 9 inches (228.6 mm) | 11 inches (279.4 mm) |
Commenting on the development, Madan Mohan, Managing Director of JTL Industries Limited, stated that the proposed expansion strengthens the company's manufacturing capabilities. He added that the additional capacity and wider coil capability will enable JTL to cater to a broader range of product specifications and customer requirements.
JTL Industries Limited is recognized as a fast-growing steel tube manufacturer. The company operates manufacturing facilities across Punjab, Maharashtra, Chhattisgarh, and Himachal Pradesh.
The company's portfolio includes various products such as DFT Structural Pipes, GI Pipes, MS Black Pipes, Hollow Sections, Solar Structures, HR Coils, and Phosphorous Bronze, Copper and Brass Alloys, catering to diverse industrial and infrastructural applications. JTL Industries Limited has a cumulative pipe manufacturing capacity of approximately 9,36,000 MTPA, with 3,00,000 MTPA dedicated to backward integration.
JTLIND Stock Price Movement
On Friday, shares of JTL INDUSTRIES LIMITED edged higher to close at ₹79.52, gaining a solid 6.76% as the stock finished strong. The equity settled after trading volumes totaled 6.70 million shares, reflecting positive momentum in the capital goods sector.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.