JSW Steel ne apna expansion plan reveal kar diya hai! Company ka target **2032** tak **78 MTPA** capacity achieve karna hai. Wahi, Q2 mein EBITDA **7.9%** badh kar **₹10,120 crore** par pahunch gaya hai.
Expansion ka master plan
JSW Steel ne agle kuch saalon ke liye ek bada vision rakha hai. Company 2032 tak apni crude steel capacity ko 78 MTPA tak le jana chahti hai, jo ki FY26 ke 38 MTPA projection se double se bhi zyada hai. Iske liye company ₹1.48 lakh crore ka capital spending karegi. Sabse achi baat ye hai ki company ise bahar se udhaar lene ke bajaye apni internal cash generation (₹25,000 crore se ₹30,000 crore per saal) se fund karegi.
Q2 Results aur Debt ka game
Quarterly numbers ki baat karein toh EBITDA 7.9% badh kar ₹10,120 crore raha. EBITDA per tonne ₹13,566 par aaya hai. Haan, coking coal ke mehange hone se margin par thoda dabav zaroor hai, lekin management debt kam karne par focus kar raha hai. Net debt ghata kar ₹44,500 crore par le aaye hain aur $500 million ka bond time se pehle chuka diya hai, jisse foreign currency debt ab $3.6 billion se bhi kam ho gaya hai.
Operational Efficiency par zor
Margin bachane ke liye JSW ab backward integration kar raha hai. Australia aur Mozambique se coking coal supply secure ki ja rahi hai aur iron ore ka aadha hissa ab khud ki mines se nikalne ka plan hai. Vijayanagar plant ka blast furnace-3 ab 90% capacity par chal raha hai, jiski wajah se sales volume mein 13% ki tezi dekhne ko mili hai.
Ab focus sirf quantity par nahi, balki electrical steel aur rail jaise high-value products par hai. Investors ki nazar ab is baat par hai ki kya company itna bada expansion bina cash flow bigade execute kar paayegi.