Announced Thu, 13 Aug · 09:12 IST
New 30 TPD Used Tyre Pyrolysis plant commissioned at Pali facility
Price
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Price reaction · full curve
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AI summary
Nexxus Petro has set up a 30 TPD Used Tyre Pyrolysis plant at its Pali, Rajasthan facility. Commercial production starts August 30, 2026. The Rs 14 Crore capex, funded via internal accruals, targets Rs 25-30 Crore annual revenue in Phase 1, scaling to Rs 50-60 Crore at 60 TPD. Expected net profit margin 8-10%. Company projects Rs 400 Crore turnover for FY27. Plant recycles waste tyres into heating fuel for road construction clients.
Likely market impact
New high-margin segment adds Rs 25-60 Cr revenue potential, supports earnings growth and diversification from core bitumen business.