What we do JTL Defence Ltd, previously RCI Industries & Technologies, manufactures and trades copper and metal products, including copper wires and alloys, for electrical, industrial, and defense sectors. |
Founded in 1,992 |
Market share Leading copper products manufacturer in India with global reach in Middle East and Africa. |
Problem solved Supplying diversified copper and metal solutions for various industries addressing quality and supply chain reliability. |
Top clients or who we serve Industries include automobile, engineering, defense, construction, electronics; serves B2B customers globally. |
Key management - |
Our journey and innovations Since inception, expanded product portfolio through acquisitions and now includes copper cables and aluminum foils. |
Where we operate Domestic production with significant exports to Middle East and African markets. |
Top products or what we offer Copper wires, strips, sheets, coils, and alloys; new consumer brand 'Rikayaa' for copper cables. |
Top brands Rikayaa – consumer copper cable brand; diverse copper and metal products under various industrial applications. |
Raw materials needed Copper, brass, stainless steel, aluminum alloys. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is cyclical, influenced by industrial demand and global metal markets. |
Our industry position Among leading Indian copper manufacturers with a strategic presence in export markets. |
Financial highlights FY 2024-25 revenue Rs 98 Lakhs with net loss Rs 644 Lakhs; recovering post insolvency proceedings. |
Geographical revenue split Primarily domestic revenue with exports to Middle East and Africa; domestic share approx 2.3 crores. |
Order book - |
Whats driving growth Expansion into copper cables and aluminum foils; restructuring and resolution plan implementation. |
Our future plans Focus on vertical diversification and scaling consumer segment with new product lines. |
Our green promise - |
Our people and values - |
Key challenges ahead Recovering from insolvency, financial losses, and competing in volatile metal markets. |
Interesting facts Underwent corporate insolvency resolution, now with a reconstituted board implementing a revival plan. |
Risks and strategy Operational and financial risks from market and restructuring; mitigation through strategic diversification and resolution plan. |
