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Jai Balaji Industries Limited

Jai Balaji Industries Limited

JAIBALAJI.BO
Jai Balaji Industries LimitedIN flagBombay Stock Exchange
71.77
INR
+0.47
- -
65.53BMarket Cap
Jai Balaji Industries Limited
JAIBALAJI.BO
(Bombay Stock Exchange)

Recent

price

71.77

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
68.83
- -
- -
59.69
41.39
33.06
40.7
50.89
62.96
54.58
49.39
83.25
93.74
79.79
71.15
63.21
63.44
Revenue per Share
2.43
- -
- -
-10.09
-11.17
-18.69
-6.12
-5.5
-3.19
-2.21
-1.37
0.87
0.9
11.16
6.25
1.42
1.43
Basic EPS, GAAP
-4.59
- -
- -
-1.39
-1.88
-5.14
-2.5
0.72
0.84
4.91
1.83
6.07
3.55
5.8
-0.52
1.2
- -
Free Cash Flow per Basic Share
0.08
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2
- -
- -
2.04
-25.79
-43.98
-47.51
-45.82
-47.58
-46.33
-44.69
-43.79
-36.1
-18.13
2.04
1.99
2
Book Value per Share
31.67
- -
- -
6.7
-5.38
-23.75
-29.55
-30.55
-32.79
-32.1
-31.39
-30.12
8.63
19.08
23.79
24.62
24.72
Tangible Book Value per Share
319
- -
- -
330
364
369
418
467
482
516
552
552
644
788
893
915
912
Basic Weighted Avg Shares
21,951
- -
- -
19,718
15,057
12,201
17,019
23,765
30,341
28,192
27,277
45,977
60,383
62,889
63,508
57,843
57,843
Sales/Revenue/Turnover
12.73
- -
- -
-4.95
-10.77
-22.62
-13.24
-8.4
-2.37
-2.31
0.36
4.77
5.81
17.8
12.17
3.88
3.81
Operating Margin (%)
864
- -
- -
1,433
1,341
1,222
1,176
1,074
1,016
968
940
913
979
856
938
1,252
1,252
Depreciation Expense
775
- -
- -
-3,332
-4,061
-6,898
-2,557
-2,567
-1,537
-1,143
-758
481
578
8,796
5,579
1,300
1,300
Net Income, GAAP
34.54
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
44.89
8.68
28.29
32.17
32.17
Effective Tax Rate (%)
3.53
- -
- -
-16.9
-26.97
-56.54
-15.02
-10.8
-5.07
-4.06
-2.78
1.05
0.96
13.99
8.78
2.25
2.25
Profit Margin (%)
-3,521
-11,313
-1,556
-4,710
-5,224
-31,829
-33,110
-32,854
-17,731
-27,316
-28,597
-27,064
-3,650
111
4,142
4,066
4,066
Working Capital
7,790
5,282
17,591
17,076
20,392
492
531
573
16,139
6,617
5,787
5,867
6,266
3,039
1,484
494
494
LT Debt
10,099
7,293
5,310
2,212
-1,956
-8,765
-12,356
-14,267
-15,799
-16,579
-17,331
-16,628
5,561
15,041
21,248
22,576
22,576
Total Equity
6.97
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16.82
17.67
72.35
25.97
5.9
5.58
Return on Invested Capital (%)
4.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16.8
-29.72
-77.98
-560.13
26.06
114.52
Return on Capital (%)
121.57
- -
- -
-508.48
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
71.22
160.55
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
4,059
- -
3,672
LT Borrowings
522
- -
409
LT Finance Leases
6
- -
85
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
912
- -
912
Market Capitalization
86,255
65,480
49,361

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
20,020
- -
20,547
Cash, Cash Equivalents & STI
821
- -
897
Accounts Receivable, Net
3,328
- -
3,302
Inventories
13,075
- -
14,186
Total Current Liabilities
15,728
- -
16,481
Payables & Accruals
- -
- -
- -
ST Debt
4,059
- -
3,672
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.71%
16.1%
6.25%
Free Cash Flow
16.5%
-29.23%
-335.43%
Net Income, GAAP
100.28%
232.94%
-76.71%
Sales/Revenue/Turnover
19.26%
19.22%
-8.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14,826
15,466
15,390
17,207
62,889
2025
17,183
15,566
14,864
15,895
63,508
2026
13,572
13,534
13,286
17,452
57,843

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.27
2.56
2.92
- -
11.16
2025
2.35
1.68
1.32
0.83
6.25
2026
0.77
0.29
0.13
0.23
1.42

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Jai Balaji Industries Limited manufactures iron and steel products with a focus on value-added and specialised segments including ductile iron pipes, TMT steel bars under the JBG HEXA and Balaji Shakti brands, sponge iron, pig iron, ferro alloys, alloy and mild steel billets, wire rods, heavy rounds, bars and rods, sinter and coke; the company also generates captive power. Incorporated in 1999 and headquartered in Kolkata, West Bengal, it operates four integrated steel plants in West Bengal and Chhattisgarh, serving domestic construction, infrastructure and water supply markets while exporting ferro alloys to over 40 countries. In FY 2023-24, revenues from value-added products like ductile iron pipes (26.87%) and specialised ferro alloys (20.42%) rose to nearly 47% of total sales amid a Rs 1,000 crore expansion programme funded internally, boosting capacity utilisation, EBITDA to Rs 1,121 crore at 17% margins and reducing debt-equity ratio to 0.32 from 1.68; the company launched JBG HEXA TMT bars targeting government initiatives like Jal Jeevan Mission and AMRUT, aims for 18-20% ductile iron pipe market share, became virtually debt-free via repayments and enhanced manufacturing integration with waste heat recovery and sinter capacity upgrades.