Jai Balaji Industries Limited

NSE: JAIBALAJI · Metals & Mining

₹67.29-0.97%06 Nov 2026

Check figures: unusual quarterly results in MAR '24 (₹272.98 cr vs a typical ₹24.49 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.

Ask the data

Instant answers about Jai Balaji Industries Limited — computed from its filings, no language model

Market cap₹6,139 cr

Current price₹67.29

High / Low₹95 / ₹54

P/E21.0

P/B2.76

Book value₹24.4

ROE13.2%

ROCE17.8%

Debt / equity0.21

Dividend yield—

EPS (TTM)₹3.21

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2,912	2,785	4,644	6,125	6,414	6,351
EBITDA	36	95	208	256	906	867
Operating margin	1.2%	3.4%	4.5%	4.2%	14.1%	13.6%
Interest	103	88	99	89	73	63
Depreciation	97	94	91	98	86	94
Profit before tax	-114	-76	48	105	963	778
Tax	0	0	0	47	84	220
Net profit	-114	-76	48	58	880	558
EPS ₹	-11.07	-6.86	4.35	4.49	55.80	6.25
Operating cash flow	—	—	463	321	839	311
Capex	—	—	127	92	381	358
Dividend paid	—	—	0	0	0	0
Total assets	—	—	—	2,960	3,354	3,891
Equity	—	—	—	556	1,504	2,125

Quarterly performance

last 26 quarters · ₹ crore

showing latest 8 of 26 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25
Revenue	815	646	715	736	316	680	794	996	979	1,050	1,280	1,335	1,495	1,369	1,537	1,724	1,483	1,547	1,539	1,846	1,718	1,557	1,486	1,590	1,357	1,353
Operating profit	28	-3	9	1	-41	23	56	58	66	53	52	37	60	63	70	63	205	213	247	241	316	228	190	133	127	72
Operating margin	3.5%	-0.5%	1.3%	0.2%	-13.1%	3.4%	7.0%	5.8%	6.8%	5.0%	4.0%	2.8%	4.0%	4.6%	4.6%	3.7%	13.8%	13.8%	16.0%	13.0%	18.4%	14.7%	12.8%	8.4%	9.4%	5.3%
Other income	3	24	21	8	1	1	4	5	1	1	8	21	7	5	2	21	8	28	23	156	10	22	18	19	16	13
Interest	25	28	25	25	22	22	23	21	22	24	24	29	21	22	20	26	21	19	15	18	16	15	15	17	18	15
Depreciation	24	24	24	24	24	24	24	23	22	23	23	23	24	25	25	25	21	21	21	23	22	22	23	26	31	31
Profit before tax	-18	-32	-19	-46	-87	-22	14	20	22	7	12	7	22	21	28	34	170	202	235	357	287	213	170	108	95	40
Tax	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	47	0	0	0	84	78	60	49	33	24	13
Net profit	0	-32	-19	-46	-87	-22	0	20	22	7	12	7	22	21	28	-13	170	0	235	273	209	153	120	75	71	26
EPS ₹	-1.91	-3.30	-1.85	-4.40	-7.85	-2.04	1.25	1.78	2.04	0.64	1.08	0.60	1.98	1.74	2.03	-1.26	11.34	12.79	14.72	16.95	12.10	8.42	1.32	0.83	0.77	0.29
Revenue YoY	—	—	—	—	-61.2%	5.2%	10.9%	35.3%	209.9%	54.4%	61.2%	34.1%	52.7%	30.5%	20.1%	29.1%	-0.8%	12.9%	0.1%	7.1%	15.9%	0.6%	-3.4%	-13.9%	-21.0%	-13.1%
Profit YoY	—	—	—	—	—	—	—	—	—	—	—	-66.3%	-3.0%	200.4%	134.7%	-297.6%	681.1%	-100.0%	740.6%	—	22.5%	—	-48.7%	-72.3%	-66.2%	-82.7%

Earlier results (standalone, Dec '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Jai Balaji Industries Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,669	1,927	2,173	2,429	2,051	1,968	1,478	1,213	1,564	2,425	3,077
Operating profit	159	241	338	86	-115	31	-20	-152	-86	-94	20
Operating margin	9.6%	12.5%	15.5%	3.5%	-5.6%	1.6%	-1.4%	-12.5%	-5.5%	-3.9%	0.6%
Other income	29	12	6	9	28	23	35	16	21	18	40
Interest	131	135	145	240	247	336	375	414	41	34	112
Depreciation	51	69	83	111	114	136	126	116	112	107	102
Profit before tax	7	49	116	-255	-449	-419	-490	-666	-218	-257	-154
Tax	5	17	42	-69	-145	-100	-104	0	0	0	0
Net profit	1	32	74	-186	-303	-319	-386	-666	-218	-257	-154

Quarters

showing latest 8 of 46 periods

	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	347	447	464	447	339	419	458	475	473	522	414	495	591	673	592	653	594	590	506	531	498	515	609	504	417	439	341	356	382	399	241	253	331	387	365	315	372	511	538	519	579	789	761	731	774	812
Operating profit	76	51	99	60	-47	47	44	68	62	68	62	66	90	120	87	26	-13	-14	-40	-24	-42	-9	29	1	15	-14	7	-4	4	-28	-28	-43	-53	-28	-22	-29	-21	-14	-3	-10	-38	-43	0	-13	15	18
Operating margin	21.8%	11.5%	21.4%	13.4%	-13.8%	11.2%	9.6%	14.3%	13.1%	13.0%	14.9%	13.4%	15.2%	17.8%	14.8%	4.0%	-2.3%	-2.4%	-8.0%	-4.6%	-8.4%	-1.7%	4.8%	0.1%	3.6%	-3.3%	2.2%	-1.2%	1.1%	-7.0%	-11.7%	-17.1%	-16.0%	-7.2%	-6.1%	-9.2%	-5.7%	-2.7%	-0.5%	-1.9%	-6.5%	-5.5%	0.0%	-1.8%	1.9%	2.2%
Other income	5	20	7	7	8	7	6	1	0	4	1	0	0	4	0	0	2	6	7	6	6	9	6	5	8	3	20	6	4	5	4	4	4	4	4	6	5	5	1	2	8	7	0	8	20	11
Interest	36	32	31	37	28	34	37	34	33	31	30	34	38	44	50	57	65	68	71	63	52	62	79	83	87	87	87	94	97	98	95	101	106	112	9	7	8	17	9	7	12	6	10	10	9	82
Depreciation	9	17	14	10	13	14	17	17	17	18	18	19	22	24	28	27	28	28	28	28	28	30	34	34	34	34	31	34	32	29	30	30	29	28	28	28	28	28	27	27	27	26	26	26	25	25
Profit before tax	36	24	61	21	-80	6	-4	18	12	23	16	14	30	57	10	-58	-104	-104	-133	-109	-115	-91	-78	-111	-98	-132	-91	-126	-123	-151	-149	-170	-184	-163	-55	-57	-52	-54	-38	-42	-68	-109	-35	-41	0	-78
Tax	12	-21	14	8	-23	7	-1	5	5	8	5	2	10	25	3	-5	-34	-34	-43	-30	-45	-28	-24	-34	-33	-9	-31	-43	-42	12	-52	0	0	52	0	0	0	0	0	0	0	0	0	0	0	0
Net profit	23	45	46	13	-57	-1	-3	13	7	15	10	12	20	32	7	-53	-70	-70	-90	-79	-70	-63	-54	-77	-65	-123	-60	-83	-81	-162	-97	-170	-184	-215	-55	-57	-52	-54	-38	-42	-68	-109	-35	-41	0	-78
EPS ₹	4.96	9.47	9.82	2.75	-12.13	-0.16	-0.61	2.56	1.11	2.60	1.63	1.82	3.12	5.03	1.11	-8.31	-11.02	-10.98	-14.12	-12.46	-11.01	-9.95	-8.46	-11.41	-10.06	-18.36	-8.60	-11.24	-11.04	-21.97	-13.21	-23.03	-24.92	-29.12	-6.92	-7.03	-6.30	-6.42	-4.36	-4.60	-7.41	-11.63	-3.67	-4.26	0.04	-8.05
Revenue YoY	—	—	—	—	-2.2%	-6.3%	-1.4%	6.3%	39.5%	24.6%	-9.4%	4.3%	24.9%	28.9%	42.8%	31.8%	0.6%	-12.3%	-14.5%	-18.6%	-16.1%	-12.7%	20.3%	-5.2%	-16.4%	-14.9%	-44.0%	-29.4%	-8.3%	-9.1%	-29.4%	-28.7%	-13.4%	-2.9%	51.7%	24.3%	12.5%	32.0%	47.2%	64.7%	55.5%	54.4%	41.5%	40.7%	33.6%	2.9%
Profit YoY	—	—	—	—	-344.4%	-101.7%	-106.2%	-2.2%	—	—	—	-7.7%	191.2%	110.0%	-32.2%	-555.5%	-453.7%	-318.4%	-1377.7%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 23 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25
ROE	—	—	—	—	—	—	—	—	—	—	—	—	10.4%	37.1%	18.8%	39.7%	45.1%	47.6%	45.1%	39.2%	26.3%	19.7%	13.2%
ROCE	—	—	—	—	—	—	—	—	—	—	10.3%	11.1%	13.7%	24.2%	31.6%	43.9%	52.4%	58.1%	48.9%	46.2%	31.3%	24.2%	17.8%
Net margin	-3.3%	-7.6%	-7.1%	-6.1%	-3.2%	0.6%	1.3%	1.4%	1.0%	0.9%	1.1%	1.4%	0.9%	3.4%	2.9%	6.2%	10.6%	10.8%	13.1%	11.4%	8.8%	7.0%	5.1%
EBITDA margin	1.2%	-1.4%	-0.3%	1.5%	3.4%	5.9%	6.1%	5.3%	4.5%	3.9%	3.9%	4.0%	4.2%	6.6%	8.8%	11.6%	14.1%	15.3%	15.5%	14.8%	13.6%	11.3%	9.0%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	1.55	1.55	0.67	0.67	0.31	0.31	0.22	0.22	0.26	0.26	0.21
Interest coverage	-0.11	-0.83	-0.84	-0.53	0.14	1.38	1.70	1.67	1.49	1.48	1.64	1.85	2.18	3.85	6.05	8.90	14.28	17.09	18.23	17.24	13.42	10.07	7.43
Asset turnover	—	—	—	—	—	—	—	—	—	—	1.73	1.81	2.07	2.07	1.97	1.97	1.91	1.98	1.77	1.76	1.63	1.54	1.47

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 7 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25
Share capital	128	145	160	164	182	182	182
Other equity / reserves	-1,511	411	826	1,340	1,746	1,942	2,039
Total equity	-1,383	556	987	1,504	1,928	2,125	2,222
Borrowings	2,906	860	659	472	431	558	458
Current liabilities	2,096	1,748	1,708	1,502	1,532	1,559	1,573
Non-current liabilities	2,462	656	506	348	298	207	150
Total assets	3,175	2,960	3,201	3,354	3,758	3,891	3,944
Property, plant & equipment	1,193	1,131	1,099	1,382	1,381	1,609	1,582
Capital work-in-progress	42	69	258	116	280	127	191
Investments	1	1	1	1	1	1	1
Inventories	868	821	914	950	1,290	1,248	1,307
Receivables	171	229	217	242	301	430	333
Cash & equivalents	45	24	16	48	53	95	10

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25
Cash from operations	463	321	839	311
Cash from investing	-124	-118	-398	-352
Cash from financing	-351	-192	-416	88
Capex	127	92	381	358
Free cash flow	335	228	457	-47
Dividends paid	0	0	0	0

Where the assets sit

Sep '25 · ₹ crore

Fixed assets (PPE)

₹1,582 cr40%

CWIP

₹191 cr5%

Investments

₹1 cr0%

Inventories

₹1,307 cr33%

Receivables

₹333 cr8%

Cash & equivalents

₹10 cr0%

Other assets

₹521 cr13%

Peer comparison

largest in Metals & Mining · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Enterprises Ltd.	3,71,671	2,745.80	64.8	3.79	5.9%
JSW Steel Ltd.	3,31,132	1,357.10	11.6	2.92	25.1%
Hindustan Zinc Ltd.	2,40,022	568.10	—	8.01	0.0%
Tata Steel Ltd.	2,32,398	186.30	21.1	2.27	10.8%
Hindalco Industries Ltd.	2,12,765	958.40	11.1	1.33	12.0%
Vedanta Aluminium Metal Ltd.	1,47,058	376.05	—	6.38	—
Jindal Steel Ltd.	1,18,597	1,165.00	41.5	2.26	5.5%
Vedanta Ltd.	1,02,344	261.75	4.8	8.02	168.7%
Lloyds Metals And Energy Ltd.	1,00,524	1,785.50	19.2	6.20	32.3%
Steel Authority of India Ltd.	70,880	171.60	12.6	1.13	9.0%
Jai Balaji Industries Limited	6,139	67.29	21.0	2.76	13.2%

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-0.1%

6 months-20.1%

1 year-30.2%

3Y CAGR-17.0%

5Y CAGR+42.6%

10Y CAGR+37.1%

50-day avg₹66.71

200-day avg₹67.77

RSI (14)39

FAQs

What is the share price of Jai Balaji Industries Limited?

Jai Balaji Industries Limited (JAIBALAJI) closed at ₹67.29 on NSE on 06 Nov 2026.

What is the market cap of Jai Balaji Industries Limited?

₹6,139 crore at the latest close.

What is the P/E ratio of Jai Balaji Industries Limited?

21.0, on trailing-twelve-month earnings from its filings.

How fast is Jai Balaji Industries Limited growing?

Jai Balaji Industries Limited: revenue has compounded at 11.0% a year over three years; net profit at 126.4% a year. Latest-quarter revenue is down 13.1% year on year, profit down 82.7%.

How profitable is Jai Balaji Industries Limited?

On a trailing-twelve-month basis return on equity is 13.2%, return on capital employed 17.8%, operating margin 9.0%, net margin 5.1%.

How much debt does Jai Balaji Industries Limited have?

Jai Balaji Industries Limited is lightly geared: debt to equity is 0.21 with borrowings of ₹458 cr against cash of ₹10 cr (balance sheet of 2025-09-30). Operating profit covers interest 7.4 times.

Financials parsed from Jai Balaji Industries Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.