Jay Bee Laminations Limited — Updates, 28-01-2025: Press Release

Revenue growth for Jay Bee Laminations in Q3FY25 was impressive, increasing by 33% year-on-year to ₹1018.17 Mn from ₹764.24 Mn in Q3FY24. This growth was fueled by the operationalization of their new expansion, boosting production capacity to 18,000 MTPA, and further optimization plans aim for a total capacity of 24,000 MTPA by mid-FY26. They have initiated installation at a new facility, expected to start operations by March 2025, adding an initial 2,000 MTPA.

The company is targeting new segments in the power transformer market, including 400 kV and 765 kV classes, which present substantial growth opportunities. Aiming for a 30% volume CAGR over the next three years, Jay Bee is focusing on expanding its geographic reach into international markets. The low rejection rates of below 1% signify strong product quality and customer approval, underpinning their solid market position and competitive edge. A positive outlook on demand in the power T&D sector aligns with the company's strategies for future growth and capacity enhancement.