JTL Industries records highest ever volume of 3,87,555 MT in FY25

JTL Industries Limited ("JTL" or "The Company"), is a fast-growing dynamic steel tube manufacturing company which specializes in producing ERW Black Pipes, PreGalvanized and Galvanized Steel Pipes, large diameter tubes and pipes, and hollow structure. JTL is pleased to share a comprehensive update on its business performance for FY25.

Annual Business Sales Volume Update:

- JTL has reached a significant milestone with its highest-ever sales volume of 3,87,555 MT, surpassing the 3,41,846 MT recorded in FY24-a strong growth of 13%.

- Value-added products contributed 24% to the total sales volume whereas the commercial grade products contributed 76% for FY25.

- The export volume for FY25 is 33,700 MT, contributing approximately 9% to total sales as compared to 17,792 MT for the FY24, which was 5% of the total sales.

Capex Update:

Direct Forming Technology (DFT) has been integrated at JTL Industries reflecting a commitment to innovation and operational excellence. This advancement enhances production efficiency, expands the product portfolio, and improves customer service.

The implementation of DFT has significantly increased production capacity of the Company to 936,000 MTPA, allowing the company to meet growing market demands.

This strategic investment underscores JTL's focus on long-term growth and industry leadership. The adoption of DFT is expected to contribute to both revenue growth and profitability, further strengthening JTL's position as a market leader in the steel tube industry.

Commenting on the above business update, the management of the Company said: "We are pleased to share our business performance for FY25. During the FY25, our sales volumes soared to 3,87,555 MT, compared to 3,41,846 MT in FY24.

JTL Engineering Ltd, formerly known as Nabha Steels and Metals, is a key contributor to JTL, recording a volume of 41,865 MT in FY25. The figures serve as evidence of the first phase's successful rollout and its long-term potential.

The share of exports stood at 9% for the year showcasing an improved presence in the international markets whereas the domestic share stood at 91%. This is the result of our resilient business model, quality of products and the ability to adapt to challenging global market conditions.

Looking ahead, the outlook for the sector remains positive, with India experiencing strong demand for structural steel. This growth is driven by substantial government investments in infrastructure and nation-building projects, supported by both private and public capital expenditures.

JTL remains dedicated to its growth strategy, focusing on market expansion, operational excellence, customer-driven innovation, and value creation for stakeholders."

Source : Equity Bulls

Keywords

JTLIndustries BusinessPerformance Update FY2025