JTL Industries has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The filing details the company's environmental, social, and governance performance across its steel manufacturing operations.

The company reported a turnover of ₹17,983.76 crore and a net worth of ₹10,860.32 crore for the period. JTL Industries operates six plants and four offices across India, serving customers in over 25 states domestically and more than 20 countries internationally.

Workforce and Safety

The entity employed a total of 1,119 individuals as of March 31, 2026. This includes 208 permanent employees and 911 workers. The workforce is predominantly male, with females constituting only 2.88% of permanent employees and 0.33% of workers.

The company conducted health and safety training for 100% of its employees and workers during FY26. No fatalities or lost-time injuries were reported in the current financial year.

Environmental Impact

JTL Industries consumed a total of 267,294,086 units of energy in FY26, comprising renewable and non-renewable sources. The energy intensity per rupee of turnover decreased to 0.015 from 0.019 in the previous year.

Water withdrawal increased to 36,115 kilolitres from 27,964 kilolitres in FY25. The Mangaon plant achieved Zero Liquid Discharge status, utilizing a 10 KLD Sewage Treatment Plant and 3 KLH Effluent Treatment Plant.

Governance and Compliance

The Board of Directors comprises ten members, including one female director. The company recorded zero complaints related to sexual harassment, discrimination, or child labour during the year. No monetary or non-monetary penalties were paid to regulatory authorities.

What the Numbers Show

Related-party transactions saw significant concentration in FY26. Investments in related parties accounted for 96.71% of total investments made by the entity, a sharp increase from 6.54% in the prior year. Similarly, loans and advances given to related parties constituted 98.72% of total loans and advances.

JTL Industries has announced that its subsidiary, JTL Engineering Limited, will undertake a capital expenditure of approximately ₹15 crore to expand its narrow-width hot-rolled (HR) coil manufacturing capacity. The investment aims to double the monthly production volume, thereby boosting the group’s steel tube and pipe manufacturing capabilities.

The expansion is scheduled for commissioning in Q4 FY27. This move aligns with the company’s broader strategy to strengthen backward integration within its steel manufacturing value chain.

Capacity Expansion Details

The proposed capital expenditure will significantly scale up the subsidiary’s operational throughput. JTL Engineering Limited plans to increase its narrow-width HR coil manufacturing capacity from 5,000 MT per month to 10,000 MT per month.

In addition to volume growth, the facility will gain the ability to produce wider coils. The maximum coil width capability will expand from the current 9 inches (228.6 mm) to 11 inches (279.4 mm). This enhancement allows the company to address a broader range of customer specifications and product requirements.

Manufacturing Process & Sustainability

JTL Engineering Limited’s manufacturing process utilizes sponge iron and steel scrap as key raw materials. The use of induction furnaces melts these materials at approximately 1,600°C to form molten steel, which is then continuously cast into narrow-width strips.

The reliance on steel scrap supports efficient resource utilization and forms a core part of the company’s approach toward circular manufacturing. By reducing dependence on virgin raw materials, the process aims to lower environmental impact while maintaining quality standards through rigorous surface and dimension inspections.

Key Process Steps

• Raw Materials: Sponge iron and steel scrap charged in precise proportions.
• Melting: Induction furnace melting at ~1,600°C.
• Casting: Continuous casting into narrow-width strip format via direct rolling route.
• Hot Rolling: Rolling cast strip to required gauge and width.
• Finishing: Slitting/trimming to customer-specific widths followed by quality inspection.

Strategic Context

Commenting on the development, Madan Mohan, Managing Director of JTL Industries Limited, stated that the expansion reflects a focus on strengthening manufacturing capabilities. He noted that the additional capacity and wider coil capability will enable the company to cater to a broader range of product specifications.

JTL Industries Limited operates manufacturing facilities across Punjab, Maharashtra, Chhattisgarh, and Himachal Pradesh. The group’s cumulative pipe manufacturing capacity stands at approximately 9,36,000 MTPA, with around 3,00,000 MTPA dedicated to backward integration. The company is a recognized Three Star Export House, producing DFT structural pipes, GI pipes, MS black pipes, hollow sections, and solar structures.