Jubilant Agri and Consumer Products Limited has informed the Exchange about Capacity addition
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The Board of Jubilant Agri and Consumer Products has approved expanding its Performance Polymers manufacturing capacity by setting up a new manufacturing facility at its Samlya (Savli), Vadodara site. The company will add 30,000 MTPA of capacity to its existing 80,000 MTPA (currently running at ~79% utilisation), representing a ~37.5% capacity increase. The project requires an investment of approximately INR 50 Crore and is expected to be completed within about 12 months. The entire investment will be funded through internal accruals, with no debt being raised for this expansion. The stated rationale is to cater to rising demand for Performance Polymers.
Positive for shareholders — the expansion reflects management's confidence in demand growth and is being funded entirely from internal accruals, avoiding any debt burden. Once commissioned, the additional capacity could support higher revenues and earnings over the medium term.