JTL Industries Subsidiary to Double Narrow-Width HR Coil Capacity with ₹15 Cr Capex
JTL Industries' subsidiary, JTL Engineering, will invest ₹15 Crore to double its narrow-width HR coil capacity to 10,000 MT/month. The expansion will increase maximum coil width to 11 inches and is expected to be commissioned in Q4 FY27.
The capital expenditure of ₹15 Crore is a material investment for the company, aimed at doubling capacity and enhancing product offerings, which is expected to have a noticeable impact on its business operations and market competitiveness.
The announcement details a significant capital expenditure for capacity expansion, which is a positive development for the company's growth and market position.
JTL Industries Limited announced that its subsidiary, JTL Engineering Limited, will invest approximately ₹15 Crore in expanding its narrow-width HR coil manufacturing capacity.
This capital expenditure is planned to double the current capacity from 5,000 MT per month to 10,000 MT per month. The expansion will also increase the maximum coil width capability from 9 inches (228.6 mm) to 11 inches (279.4 mm), allowing the company to address a wider range of product specifications and customer requirements.
The expanded facility is anticipated to be commissioned in Q4 FY27. JTL Engineering Limited utilizes sponge iron and steel scrap as raw materials, supporting its commitment to recycling and circular manufacturing.
Madan Mohan, Managing Director of JTL Industries Limited, stated that the expansion reflects a focus on strengthening manufacturing capabilities and broadening the product range to meet diverse customer needs.
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JTL INDUSTRIES LIMITED filed this with the NSE as a statutory disclosure, categorised under capex. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by JTL INDUSTRIES LIMITED. Read the original for the full detail.