JTL Industries has deployed Direct Forming Technology (DFT) at its production facility in Mangaon, Maharashtra. This upgrade will significantly enhance its existing steel tube production capacity. DFT will accelerate the direct creation of various hollow section sizes without requiring roll changes. This will speed up production by eliminating setup time.
Unlike traditional methods, DFT relies on computerised automation. This accelerates production time while ensuring better precision. It also minimises material wastage and facilitates cost-cutting. With the installation of DFT, JTL will now be able to produce high-strength steel tubes and profiles for both domestic and international markets.
As per news reports, DFT will expand JTL’s existing product range from 1,200 to 2,000 SKUs. The facility will now produce larger rectangular and square tubes with higher material thickness. The adoption of DFT by JTL is estimated to reduce its downtime by 33% and cut associated costs by 25%.
Over the past 3years, JTL Industries has recorded a 77.69% profit growth. It has also recorded a revenue growth of 67.29%. It has also maintained an ROE (return on equity) of 35.78% and has reduced its debt by ₹85.05 crore. However, it has reported negative cash flow from operations.
JTL Industries Limited is a part o f the Jagan Group. It was founded in 1991 as a maker of ERW Black Pipes. It is based in Chandigarh and has 4 manufacturing plants across India. It produces galvanised steel pipes, solar mounting structures, and large steel tubes.
JTL Industries boasts a manufacturing capacity of over 586,000 MTPA. It serves all of India and exports to over 20 countries. With a wide product range, a skilled workforce, and a large dealer network, JTL is recognised as a Star Export House and holds ISO 9001:2015 certification.
As of 2.34 PM on March 25, JTL Industries share price was down 3.69% and was trading at ₹79.94 on the NSE. It closed at ₹79.50 at 3.30 PM.
JTL Industries has installed an advanced technology at its Managoin steel tube production plant in Maharashtra. This will enhance its production capacity and existing product range. However, its share price declined by 3.69% today.
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Published on: Mar 25, 2025, 3:48 PM IST
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