Jindal Poly Films Limited has informed the Exchange about Capacity addition by JPFL Films Private Limited, material subsidiary

Jindal Poly Films' material subsidiary JPFL Films Private Limited will set up new BOPP, PET and CPP film lines at its Nashik, Maharashtra facility, requiring a capex of over INR 700 crore. The expansion will add 42,000 tonnes per annum of BOPP capacity (Line 10), 55,000 TPA of PET capacity (Line I), and 18,000 TPA of CPP capacity (Line 3) on top of existing capacities of 2,94,200 TPA (BOPP), 1,70,000 TPA (PET) and 33,600 TPA (CPP). Current capacity utilization stands at around 80%. The new lines are expected to be commissioned within 2-3 years, funded through internal accruals and borrowings. This is in addition to the BOPP Line 9 expansion announced in August 2024, and comes as the company posted 43% YoY growth in net revenue during 9M FY25 despite pricing pressures.