Jai Balaji Industries targets debt-free status, expands production

Jai Balaji Industries Limited (JBIL) is pursuing an ambitious growth strategy, targeting a significant capacity enhancement in its DI Pipes and Ferro Alloys production, by 120% and 14% respectively. The company aims to increase the revenue contribution from value-added products from the current 45-55% to 80% and achieve an EBITDA margin of 17%. JBIL's existing capacity for DI Pipes is 300,000 TPA and planned capacity after expansion will reach 660,000 TPA. The company's strategic focus on value-added products and enhanced operational efficiencies are crucial to navigating global economic challenges. As of December 31, 2024, Net Term Debt stood at Rs 2,590 million. JBIL expects to become Net Term Debt Free in next 12 months.