Jay Bee Laminations Limited, established in 1988, specializes in manufacturing CRGO electrical steel cores and CRNGO steel products used primarily in transformers, UPS, and inverters for the power industry.

The company has ventured into new business verticals, including transformer manufacturing and EPC projects, aiming to become an integrated player in the power sector and leveraging its expertise in CRGO steel processing.

Despite a revenue and volume growth of 40% and 12% respectively for H1 FY26, Jay Bee faced profitability pressures due to high-priced inventory affecting gross margins and profit after tax.

The company is positioning itself strategically with the new brand "INTELLICORE" for transformers, focusing on the critical transformer core component to gain customer confidence and grow in the power sector.

Jay Bee Laminations aims to reach a CRGO processing capacity of 24,000 metric tons, while maintaining a current utilization of 78% to optimize margins and expand its order book.