WEBSITE BSE:532976 NSE: JAIBALA IND Inc. Year: 1999 Industry: Steel/Sponge Iron/Pig Iron
Last updated: 15:59
Jai Balaji Industries Ltd is engaged inside the production of iron and metal products. The Company offers various products, which include sponge iron, pig iron, ductile iron pipe, ferro chrome, wire rods, moderate metallic billets, thermo mechanically treated (TMT), coke and sinter. The Company is an included metallic plant with 5 production centres positioned in Durgapur and Raniganj in West Bengal and Durg in Chhattisgarh. It offers TMT bars under the Balaji Shakti Thermex TMT Bar brand. The Company's actual manufacturing abilties encompass a...Read More
Jai Balaji Industries Ltd is engaged inside the production of iron and metal products. The Company offers various products, which include sponge iron, pig iron, ductile iron pipe, ferro chrome, wire rods, moderate metallic billets, thermo mechanically treated (TMT), coke and sinter. The Company is an included metallic plant with 5 production centres positioned in Durgapur and Raniganj in West Bengal and Durg in Chhattisgarh. It offers TMT bars under the Balaji Shakti Thermex TMT Bar brand. The Company's actual manufacturing abilties encompass about 4,45,000 tons/annum of direct reduced iron (DRI); over 509,250 tons per annum of pig iron; approximately 106,000 tons/annum of ferro alloys; over 10,20,430 tons/annum of alloy and MS billets; approximately 360,000 tons/annum of reinforcement steel bars and wire rods, and over 40,000 tons/annum of ductile iron pipes. It manufactures diverse grades of pig iron, which include steel grade pig iron and foundry grade pig iron. ...Read Less
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Market Cap ₹6103 Cr.
Stock P/E 10.9
P/B 2.7
Current Price ₹66.9
Book Value ₹ 24.4
Face Value 2
52W High ₹196
Dividend Yield 0%
52W Low ₹ 60
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1483 | 1547 | 1539 | 1846 | 1718 | 1557 | 1486 | 1590 | 1357 | 1353 |
| Other Income | 8 | 28 | 23 | 156 | 10 | 22 | 18 | 19 | 16 | 13 |
| Total Income | 1490 | 1574 | 1562 | 2002 | 1728 | 1579 | 1504 | 1608 | 1373 | 1367 |
| Total Expenditure | 1277 | 1333 | 1292 | 1605 | 1403 | 1328 | 1296 | 1457 | 1230 | 1281 |
| Operating Profit | 213 | 241 | 270 | 397 | 325 | 250 | 207 | 152 | 143 | 85 |
| Interest | 21 | 19 | 15 | 18 | 16 | 15 | 15 | 17 | 18 | 15 |
| Depreciation | 21 | 21 | 21 | 23 | 22 | 22 | 23 | 26 | 31 | 31 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 170 | 202 | 235 | 357 | 287 | 213 | 170 | 108 | 95 | 40 |
| Provision for Tax | 0 | 0 | 0 | 84 | 78 | 60 | 49 | 33 | 24 | 13 |
| Profit After Tax | 170 | 202 | 235 | 273 | 209 | 153 | 120 | 75 | 71 | 26 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 170 | 202 | 235 | 273 | 209 | 153 | 120 | 75 | 71 | 26 |
| Adjusted Earnings Per Share | 2.2 | 2.5 | 2.9 | 3.3 | 2.4 | 1.7 | 0.3 | 0.8 | 0.8 | 0.3 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1506 | 1220 | 1702 | 2389 | 3077 | 2912 | 2785 | 4693 | 6125 | 6414 | 6351 | 5786 |
| Other Income | 37 | 16 | 21 | 18 | 40 | 60 | 11 | 30 | 35 | 491 | 73 | 66 |
| Total Income | 1542 | 1236 | 1723 | 2407 | 3117 | 2973 | 2796 | 4722 | 6161 | 6905 | 6424 | 5852 |
| Total Expenditure | 1539 | 1379 | 1815 | 2483 | 3058 | 2882 | 2690 | 4484 | 5869 | 5783 | 5489 | 5264 |
| Operating Profit | 4 | -143 | -92 | -76 | 60 | 91 | 106 | 238 | 292 | 1121 | 934 | 587 |
| Interest | 384 | 425 | 46 | 34 | 112 | 103 | 88 | 99 | 89 | 73 | 63 | 65 |
| Depreciation | 134 | 122 | 118 | 107 | 102 | 97 | 94 | 91 | 98 | 86 | 94 | 111 |
| Exceptional Income / Expenses | -3 | 0 | 0 | -40 | 0 | -6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -518 | -690 | -256 | -257 | -154 | -114 | -76 | 48 | 105 | 963 | 778 | 413 |
| Provision for Tax | -111 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47 | 84 | 220 | 119 |
| Profit After Tax | -406 | -690 | -256 | -257 | -154 | -114 | -76 | 48 | 58 | 880 | 558 | 292 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -406 | -690 | -256 | -257 | -154 | -114 | -76 | 48 | 58 | 880 | 558 | 292 |
| Adjusted Earnings Per Share | -11 | -17.7 | -5.9 | -5.3 | -3.2 | -2.1 | -1.4 | 0.9 | 0.8 | 10.7 | 6.1 | 2.2 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -1% | 11% | 17% | 15% |
| Operating Profit CAGR | -17% | 58% | 59% | 73% |
| PAT CAGR | -37% | 127% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -66% | 87% | 76% | 47% |
| ROE Average | 31% | 40% | 24% | 11% |
| ROCE Average | 36% | 37% | 24% | 8% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | -196 | -877 | -1236 | -1427 | -1580 | -1658 | -1733 | -1663 | 556 | 1504 | 2125 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 2039 | 2319 | 53 | 57 | 1614 | 662 | 578 | 586 | 626 | 303 | 148 |
| Other Non-Current Liabilities | -307 | -307 | -307 | -291 | -291 | -291 | -290 | -290 | -250 | -162 | 59 |
| Total Current Liabilities | 2249 | 2491 | 4710 | 4607 | 3170 | 3975 | 4161 | 4045 | 1737 | 1502 | 1559 |
| Total Liabilities | 3786 | 3626 | 3221 | 2947 | 2913 | 2688 | 2715 | 2678 | 2669 | 3147 | 3891 |
| Fixed Assets | 1809 | 1691 | 1583 | 1409 | 1324 | 1238 | 1181 | 1165 | 1132 | 1382 | 1614 |
| Other Non-Current Assets | 250 | 252 | 239 | 216 | 192 | 206 | 233 | 174 | 166 | 252 | 304 |
| Total Current Assets | 1727 | 1682 | 1399 | 1322 | 1397 | 1244 | 1301 | 1339 | 1372 | 1513 | 1973 |
| Total Assets | 3786 | 3626 | 3221 | 2947 | 2913 | 2688 | 2715 | 2678 | 2669 | 3147 | 3891 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 4 | 18 | 6 | 2 | 7 | 7 | 11 | 26 | 13 | 23 | 48 |
| Cash Flow from Operating Activities | -61 | -174 | -104 | 66 | 40 | 291 | 143 | 463 | 321 | 839 | 311 |
| Cash Flow from Investing Activities | 32 | 4 | 26 | -12 | 7 | -37 | -40 | -124 | -119 | -398 | -352 |
| Cash Flow from Financing Activities | 43 | 158 | 78 | -48 | -48 | -250 | -89 | -351 | -192 | -416 | 88 |
| Net Cash Inflow / Outflow | 14 | -11 | 0 | 5 | -0 | 4 | 15 | -12 | 10 | 24 | 47 |
| Closing Cash & Cash Equivalent | 18 | 6 | 7 | 7 | 7 | 11 | 26 | 13 | 23 | 48 | 95 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -11.01 | -17.74 | -5.93 | -5.33 | -3.19 | -2.07 | -1.37 | 0.87 | 0.8 | 10.75 | 6.12 |
| CEPS(Rs) | -7.38 | -14.59 | -3.2 | -3.1 | -1.08 | -0.32 | 0.33 | 2.52 | 2.14 | 11.8 | 7.14 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | -5.32 | -22.68 | -28.7 | -29.6 | -32.78 | -30.02 | -31.38 | -30.11 | 7.04 | 18.12 | 23.29 |
| Core EBITDA Margin(%) | -2.03 | -11.89 | -6.11 | -3.86 | 0.64 | 1.06 | 3.42 | 4.42 | 4.16 | 9.76 | 13.5 |
| EBIT Margin(%) | -8.24 | -19.82 | -11.34 | -9.19 | -1.37 | -0.4 | 0.44 | 3.12 | 3.14 | 16.04 | 13.17 |
| Pre Tax Margin(%) | -31.93 | -51.56 | -13.86 | -10.58 | -4.99 | -3.93 | -2.72 | 1.02 | 1.7 | 14.91 | 12.19 |
| PAT Margin (%) | -25.06 | -51.56 | -13.86 | -10.58 | -4.99 | -3.93 | -2.72 | 1.02 | 0.94 | 13.62 | 8.74 |
| Cash Profit Margin (%) | -16.78 | -42.42 | -7.49 | -6.16 | -1.69 | -0.6 | 0.65 | 2.96 | 2.53 | 14.94 | 10.21 |
| ROA(%) | -10.53 | -18.61 | -7.47 | -8.32 | -5.24 | -4.08 | -2.81 | 1.78 | 2.16 | 30.25 | 15.85 |
| ROE(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88.19 | 30.93 |
| ROCE(%) | -4.62 | -9.59 | -8.34 | -10.01 | -2.03 | -0.6 | 0.7 | 9.16 | 13.27 | 61.07 | 36.09 |
| Receivable days | 176.69 | 205.71 | 121.59 | 67.13 | 47.06 | 42.52 | 34.62 | 15.5 | 11.41 | 13.31 | 19.22 |
| Inventory Days | 120.27 | 144.13 | 97.66 | 71.35 | 58.38 | 67.34 | 83.73 | 56.45 | 46.74 | 50.05 | 62.85 |
| Payable days | 221.9 | 244.72 | 163.96 | 117.03 | 99.76 | 110.86 | 127.06 | 86.13 | 72.91 | 77.93 | 71.1 |
| PER(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.05 | 11.46 | 17.22 | 22.56 |
| Price/Book(x) | -0.43 | -0.06 | -0.12 | -0.08 | -0.17 | -0.11 | -0.25 | -0.29 | 1.29 | 10.21 | 5.92 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 2.08 | 2.92 | 2.19 | 1.52 | 1.27 | 1.25 | 1.38 | 0.77 | 0.24 | 2.42 | 2.05 |
| EV/Core EBITDA(x) | 831.18 | -24.95 | -40.72 | -47.86 | 65.6 | 39.85 | 36.09 | 15.24 | 5.04 | 13.84 | 13.93 |
| Net Sales Growth(%) | -23.64 | -18.96 | 39.49 | 40.39 | 28.8 | -5.37 | -4.36 | 68.48 | 30.53 | 4.71 | -0.98 |
| EBIT Growth(%) | -41.36 | -98.61 | 21.09 | -6.47 | 81.1 | 72.55 | 205.72 | 1102.28 | 31.96 | 434.42 | -18.84 |
| PAT Growth(%) | -21.9 | -69.85 | 62.93 | -0.38 | 40.12 | 25.6 | 33.69 | 163.39 | 20.31 | 1421.09 | -36.57 |
| EPS Growth(%) | -11.15 | -61.11 | 66.58 | 10.15 | 40.12 | 35.08 | 33.69 | 163.39 | -8.64 | 1251.94 | -43.11 |
| Debt/Equity(x) | -15.67 | -4 | -2.91 | -2.46 | -2.3 | -2.09 | -1.98 | -1.91 | 1.68 | 0.32 | 0.26 |
| Current Ratio(x) | 0.77 | 0.68 | 0.3 | 0.29 | 0.44 | 0.31 | 0.31 | 0.33 | 0.79 | 1.01 | 1.27 |
| Quick Ratio(x) | 0.53 | 0.46 | 0.2 | 0.18 | 0.28 | 0.17 | 0.14 | 0.14 | 0.32 | 0.38 | 0.46 |
| Interest Cover(x) | -0.35 | -0.62 | -4.5 | -6.57 | -0.38 | -0.11 | 0.14 | 1.49 | 2.18 | 14.28 | 13.42 |
| Total Debt/Mcap(x) | 36.36 | 64.52 | 25 | 29.71 | 13.32 | 18.67 | 8.06 | 6.56 | 1.3 | 0.03 | 0.04 |
| # | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 58.74 | 60.02 | 60.02 | 60.8 | 63.85 | 64.84 | 64.84 | 64.84 | 64.84 | 64.84 |
| FII | 0.09 | 0.67 | 2.57 | 3.05 | 2.92 | 3.01 | 3.23 | 3.56 | 3.63 | 3.48 |
| DII | 0.05 | 0 | 0 | 0.07 | 0.08 | 0.09 | 0.08 | 0.09 | 0.09 | 0.1 |
| Public | 41.12 | 39.3 | 37.41 | 36.07 | 33.14 | 32.06 | 31.85 | 31.51 | 31.43 | 31.58 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 9.13 | 9.63 | 9.63 | 9.95 | 11.33 | 11.83 | 11.83 | 59.15 | 59.15 | 59.15 |
| FII | 0.01 | 0.11 | 0.41 | 0.5 | 0.52 | 0.55 | 0.59 | 3.25 | 3.31 | 3.17 |
| DII | 0.01 | 0 | 0 | 0.01 | 0.01 | 0.02 | 0.01 | 0.08 | 0.09 | 0.09 |
| Public | 6.39 | 6.31 | 6 | 5.9 | 5.88 | 5.85 | 5.81 | 28.74 | 28.67 | 28.81 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15.55 | 16.05 | 16.05 | 16.37 | 17.75 | 18.25 | 18.25 | 91.23 | 91.23 | 91.23 |
* The pros and cons are machine generated.
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