JTL INDUSTRIES LIMITED has informed the Exchange regarding a press release dated July 10, 2025, titled "Press Release for new ASTM/API-GRADE ERW Line".
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JTL Industries has announced plans to set up a new Electric Resistance Welded (ERW) pipe manufacturing line dedicated to ASTM/API-grade pipes, adding 3,00,000 metric tonnes per annum (MTPA) of capacity. This represents roughly a 32% increase over the company's current cumulative capacity of 9,36,000 MTPA. The new line will produce round pipes (6"–20"), square sections, rectangular sections, and thicknesses from 4mm to 16mm, enabling over 500 SKUs. Management expects the line to be operational within 12 months and projects EBITDA margins of ₹7,000–₹8,000 per metric tonne, targeting high-value segments like oil & gas, water transmission, and city gas distribution.
This is a significant capacity expansion into higher-margin, value-added products, which could boost future revenue and profitability. However, the company has not disclosed the capital expenditure amount or how it will be funded, and execution risk remains as the line is only at the planning stage with a 12-month timeline.