NSE:RPEL management interview: Raghav Productivity’s Big Odisha Bet: 350,000 MTPA JV Capacity & Royalty Opportunity Explained!
ET Now, 2026-09-16. Video: https://www.youtube.com/watch?v=z_g-tTArAQ8
- Process technology patents: The company has been granted 20-year patents covering proprietary quartz-processing methods that enhance the lifespan and quality of its silica ramming mass for steel and foundry clients.
- Odisha joint venture: Raghav Productivity entered an 80-20 JV with Nippon Steel subsidiary TRL Krosaki to build a 350,000 MTPA facility within one year, securing exclusive quartzite mine access and lowering freight costs to capture Eastern India's demand cluster and target a 30% market share.
- JV royalty structure: The company will receive a confidential, net-sales-based royalty from the Odisha JV for the use of its patented manufacturing technology.
- Advanced quartz applications: R&D is in advanced stages to utilize proprietary quartz-processing IP for high-margin segments, including solar panels and semiconductor crucibles where management noted no domestic competitors currently operate.
- Financial growth track: The company achieved a 45% profit CAGR over the last 10 years, grew PAT by 48% in the previous year, and nearly doubled PAT year-over-year in the first quarter.