Image Source: Upstox
JTL Industries has announced a robust start to FY26, reporting a record quarterly sales volume of 108,406 metric tonnes (MT) for Q1. This milestone underscores the company’s accelerating momentum in the steel tubes and pipes sector, driven by capacity expansion, product innovation, and strategic government project wins.
Key Highlights:
Record Sales Volume: The Q1 FY26 sales volume of 108,406 MT marks a significant year-on-year jump, positioning JTL Industries for its ambitious target of 500,000 MT sales for the full fiscal year.
Capacity Expansion: The Raipur plant, now operating at double its previous capacity (200,000 MTPA), has introduced larger tube and pipe sizes and 200 new SKUs, with half the output dedicated to value-added products.
Product Innovation: JTL is rolling out Direct Forming Technology (DFT), enabling direct production of square and rectangular sections from HR coils. This innovation reduces waste, streamlines production, and allows for greater precision and a broader product range—strengthening JTL’s market leadership and export potential.
Government Project Wins: The company secured a ₹265 crore order as the L1 bidder for the Jal Jeevan Mission, supplying 35,473 MT of ISI-certified GMS tubes, further cementing its reputation for quality and reliability in national infrastructure projects.
Strategic Outlook: JTL aims to reach 1 million MTPA capacity by year-end and is actively expanding into new export markets and structural applications, including multi-storied buildings.
With ongoing operational improvements and a strong order book, JTL Industries is poised for continued growth and market share gains in FY26.
Sources: Moneycontrol, ICICI Direct, Screener
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