Jagatjit Industries Ltd has commenced commercial production at its new grain-based ethanol plant in Hamira, Punjab. With a capacity of 200 kilolitres per day, the facility is projected to generate up to ?550 crore in annual revenue at full scale, significantly boosting the company's EBITDA margins by 8–10%.
In its first partial year, the plant is expected to contribute ?300 crore to EBITDA, while supplying 65–70 million litres of ethanol annually to Oil Marketing Companies (OMCs). Executive Director Roshini Sanah Jaiswal called the plant “a stable, high-quality revenue stream” that will fuel growth across premium spirits and new markets.
Founded in 1944, Jagatjit Industries manufactures Indian Made Foreign Liquor (IMFL) and Country Liquor (CL), with production facilities in Punjab and Rajasthan. The company is listed on the BSE.