- Installed capacity increased to 5,86,000 MTPA in H1 FY24.
- The company has a land bank area of 100+ acres and operates four state-of-the-art manufacturing facilities.
- Plans to enhance and expand the current facility with DFT technology with an aim of reaching 10 lakh MTPA.
- The company has a pan-India presence with 600+ skilled employees, 800+ distributors, and 1,000+ SKUs.
- It has a global footprint with a presence on 5 continents and in 20+ countries.
- Revenue grew by 37.19% YoY, EBITDA by 53.48% YoY, and PAT by 61.58% YoY in H1 FY24.
- The company's competitive advantages include experienced management, brand equity, geographical presence, and a strong distribution network.
- The leadership team has extensive experience in the steel industry.
- The company's locational advantage allows it to source raw materials at competitive prices.
- It caters to various industries, including agriculture, water distribution, solar projects, and more.
- The company offers a diverse range of products, including high-strength hollow section pipes, black/galvanized iron pipes, and more.
- JTL serves both direct clients and through a distribution channel.
- It has certifications like ISO and trade marks that highlight its quality and standards.
- The Indian steel industry is experiencing growth in per capita steel consumption.
- Growth opportunities include infrastructure, oil industry, green growth, affordable housing, and more.
- The company plans to expand its manufacturing capacity to 10 lakh MTPA by the end of FY25.
- H1 FY24 sales volume reached 1,59,028 MT with a significant growth in value-added products.
- Financials in H1 FY24 show strong revenue, EBITDA, and PAT growth.
- The company has a strong balance sheet with increasing equity and stable liabilities.
- JTL is focusing on increasing the share of value-added products and implementing DFT technology to enhance manufacturing capabilities.
- The company anticipates increased demand for structural steel tubes driven by public and private capital expenditure in India.