Jai Balaji Industries Ltd

JAIBALAJI

Watchlist

AI Mode

‌

Market Cap

₹ 6,100 Cr

P/E

20.83

Turned 1 L into 16.75 L in last 5 Years

‌

Investment Checklist

How to read checklist?

Performance

MARKET LEADER

Valuation

REASONABLE

Growth

EXCEPTIONAL

Profitability

MODERATE MARGIN

Technicals

Bearish

Risk

MODERATE RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Jai Balaji Industries Limited is a premier steel producer in Eastern India and an integrated steel manufacturer offering a variety of products such as sponge iron, pig iron, and TMT bars.

The company has a robust production capacity with multiple facilities, including captive power plants, making it a significant player in the iron and steel segment.

Jai Balaji Industries has historically engaged in strategic expansions through acquisitions and partnerships, enhancing its capacity and geographical presence.

The cancellation of coal blocks in 2014 by the Supreme Court impacted the company, necessitating regulatory adjustments and strategic pivoting.

In 2023, the company launched 'JBG Hexa Bond Cement' and established a subsidiary in Uganda, indicating geographical and product diversification.

Sector

Steel

Industry

Steel - Large

Market Cap

6,100 Cr

Volatility

High Risk

P/E Ratio

20.8

Industry P/E

29.5

PEG Ratio

0.3

P/B Ratio

2.8

52W High

195.97

52W Low

60.00

Sales CAGR

-0.98%

10.61%

16.87%

10Y

18.98%

Profit CAGR

-36.57%

126.41%

—

10Y

—

ROE

TTM

13.18%

35.73%

185.97%

10Y

0.04%

ROCE

TTM

17.56%

38.28%

70.16%

10Y

133.83%

Technicals

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Forecasts

No. of Analysts

5

1Y Price Target

135.66 ▲ 115.92%

Q3 EPS Estimate

Q3 Revenue Estimate

Unlock Premium Features

Price, EPS and Revenue Projections

Strong SellSellHoldBuyStrong Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

updated on

Dec 03, 2025

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
NSLNISP	41.18	12,045 Cr	—	0.92	0.00	-10.14	-6.26	-4.74
JINDALSAW	163.55	10,459 Cr	7.61	0.87	1.22	11.37	13.28	5.29
KIRLFER	457.05	7,535 Cr	23.10	2.10	1.20	9.16	12.17	5.10
MAHSEAMLES	561.00	7,511 Cr	9.58	1.15	1.78	11.94	15.40	10.71
JAYNECOIND	74.65	7,279 Cr	19.32	2.83	0.00	14.64	19.60	6.69
JAIBALAJI	66.86	6,100 Cr	20.83	2.75	0.00	13.18	17.56	7.43
SURYAROSNI	262.35	5,723 Cr	17.46	2.28	2.09	13.07	17.48	9.51

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	1,483	1,547	1,539	1,846	1,718	1,557	1,486	1,590	1,357	1,353
Expenses	1,277	1,333	1,292	1,605	1,403	1,328	1,296	1,457	1,230	1,281
Operating Profit	205	213	247	241	316	228	190	133	127	72
OPM %	13.84	13.80	16.04	13.05	18.38	14.66	12.78	8.36	9.36	5.31
Other Income	7.82	28	23	156	9.50	22	18	19	16	13
Interest	21	19	15	18	16	15	15	17	18	15
Depreciation	21	21	21	23	22	22	23	26	31	31
Profit Before Tax	170	202	235	357	287	213	170	108	95	40
Tax %	0.00	0.00	0.00	23.46	27.31	28.01	29.01	30.33	25.49	33.45
Net Profit	170	202	235	273	209	153	120	75	71	26
EPS in Rs	1.64	1.97	2.33	2.83	2.29	1.68	0.26	0.83	0.77	0.29

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,845	2,425	3,077	2,912	2,785	4,693	6,125	6,414	6,351	5,990
Expenses	1,815	2,483	3,058	2,877	2,690	4,484	5,869	5,508	5,484	5,312
Operating Profit	31	-58	20	36	95	208	256	906	867	678
OPM %	1.66	-2.39	0.64	1.22	3.42	4.44	4.18	14.13	13.65	11.32
Other Income	21	-22	40	50	11	30	35	215	68	74
Interest	46	34	112	103	88	99	89	73	63	65
Depreciation	118	107	102	97	94	91	98	86	94	102
Profit Before Tax	-256	-257	-154	-114	-76	48	105	963	778	585
Tax %	0.00	0.00	0.00	0.00	0.00	0.00	44.89	8.68	28.29	28.32
Net Profit	-256	-257	-154	-114	-76	48	58	880	558	420
EPS in Rs	—	—	—	-1.31	-0.83	0.53	0.49	8.77	5.07	2.15
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	78	86	96	96	110	110	110	145	164	182
Reserves	-955	-1,322	-1,523	-1,676	-1,768	-1,844	-1,773	411	1,340	1,942
Borrowings	3,113	2,939	3,510	3,638	3,464	3,434	3,169	860	473	559
Other Liabilities	1,697	1,825	1,154	1,146	1,173	1,306	1,463	1,543	1,378	1,207
Total Liabilities	3,933	3,528	3,238	3,204	2,979	3,006	2,969	2,960	3,354	3,891
Fixed Assets	1,691	1,583	1,409	1,324	1,238	1,181	1,165	1,132	1,382	1,614
CWIP	130	134	119	79	98	102	52	69	116	129
Investments	2.01	2.18	1.06	1.06	1.06	1.06	1.06	1.06	0.79	0.79
Other Assets	2,110	1,809	1,709	1,800	1,642	1,722	1,751	1,758	1,856	2,147
Total Assets	3,933	3,528	3,238	3,204	2,979	3,006	2,969	2,960	3,354	3,891

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-174	-104	66	40	291	143	463	321	839	311
Cash from Investing Activity	4.34	26	-12	7.42	-37	-40	-124	-119	-398	-352
Cash from Financing Activity	158	78	-48	-48	-250	-89	-351	-192	-416	88
Net Cash Flow	-11	0.30	5.13	-0.16	3.93	15	-12	10	24	47

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Aug 2023	Sep 2023	Dec 2023	Mar 2024	Apr 2024	Jun 2024	Jul 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	60.02%	60.02%	60.02%	60.80%	62.80%	63.85%	64.84%	64.84%	64.84%	64.84%	64.84%	64.84%
FIIs	0.09%	0.67%	2.57%	3.05%	2.90%	2.92%	2.87%	3.01%	3.23%	3.56%	3.63%	3.48%
DIIs	0.05%	0.00%	0.00%	0.07%	0.07%	0.08%	0.08%	0.09%	0.10%	0.11%	0.11%	0.12%
Public	39.84%	39.30%	37.41%	36.07%	34.23%	33.14%	32.20%	32.06%	31.83%	31.49%	31.41%	31.56%
Total Shareholders	13,409	16,800	18,189	21,499	21,499	27,412	27,700	25,117	25,114	30,207	37,114	44,686

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Jul 15, 2024	Shri mahatejas vinimay privat...	Insider - Promoter Group	Acquisition	45.00	22.50 Cr	50,00,000	2.82
Jul 15, 2024	Shri mahatejas vinimay privat...	Insider - Promoter Group	Acquisition	45.00	22.50 Cr	50,00,000	2.82
Jun 17, 2024	Hariaksh industries private l...	Insider - Promoter Group	Acquisition	45.00	22.50 Cr	50,00,000	2.9
Jun 17, 2024	Hariaksh industries private l...	Insider - Promoter Group	Acquisition	45.00	22.50 Cr	50,00,000	2.9
Apr 11, 2024	Hariaksh industries private l...	Insider - Promoter Group	Acquisition	45.00	17.10 Cr	38,00,000	2.32
Apr 11, 2024	Shri keshrinandan trade priva...	Insider - Promoter Group	Acquisition	45.00	22.50 Cr	50,00,000	3.055
Apr 11, 2024	Shri keshrinandan trade priva...	Insider - Promoter Group	Acquisition	45.00	22.50 Cr	50,00,000	3.055
Apr 11, 2024	Hariaksh industries private l...	Insider - Promoter Group	Acquisition	45.00	17.10 Cr	38,00,000	2.32
Mar 12, 2024	Hariaksh industries private l...	Insider - Promoter Group	Acquisition	45.00	14.40 Cr	32,00,000	1.9936
Mar 12, 2024	Hariaksh industries private l...	Insider - Promoter Group	Acquisition	45.00	14.40 Cr	32,00,000	1.9936

Projection

Unlock Premium Features

Get In-depth insights on EPS and Revenue forecasts

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Regulatory Filing

5 hours ago

Response to BSE Inquiry on Share Volume

The company responds to BSE regarding an inquiry about increased trading volume, stating no undisclosed price-sensitive information exists.

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q4 FY25

Investor Presentation

Q3 FY25

Investor Presentation

Q2 FY25

Investor Presentation

Q1 FY25

Investor Presentation

Q4 FY24

Investor Presentation

Q4 FY24

Investor Presentation

Q3 FY24

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode