Jai Balaji Industries Ltd

Jai Balaji Industries Ltd

₹ 72.1 -7.32%
20 Nov - close price
About

Incorporated in 1999, Jai Balaji Industries Limited is engaged in the manufacturing of Iron and Steel products [1]

Key Points

Business Profile[1]
JBIL is a fully integrated steel manufacturer and one of Eastern India’s largest private producers of value-added products, including Ductile Iron (DI) Pipes and Specialized Ferro Alloys.
It is recognized as a 3-Star Export House, exporting to over 40 countries.

  • Market Cap 6,554 Cr.
  • Current Price 72.1
  • High / Low 210 / 71.3
  • Stock P/E 22.4
  • Book Value 24.4
  • Dividend Yield 0.00 %
  • ROCE 36.1 %
  • ROE 30.7 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 48.2% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoters have pledged or encumbered 26.0% of their holding.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
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
1,307 1,467 1,661 1,277 1,333 1,292 1,605 1,403 1,328 1,296 1,457 1,230 1,281
Operating Profit 63 70 63 205 213 247 241 316 228 190 133 127 72
OPM % 5% 5% 4% 14% 14% 16% 13% 18% 15% 13% 8% 9% 5%
5 2 21 8 28 23 156 10 22 18 19 16 13
Interest 22 20 26 21 19 15 18 16 15 15 17 18 15
Depreciation 25 25 25 21 21 21 23 22 22 23 26 31 31
Profit before tax 21 28 34 170 202 235 357 287 213 170 108 95 40
Tax % 0% 0% 138% 0% 0% 0% 23% 27% 28% 29% 30% 25% 33%
21 28 -13 170 202 235 273 209 153 120 75 71 26
EPS in Rs 0.33 0.38 -0.18 2.19 2.51 2.92 3.34 2.35 1.68 1.32 0.83 0.77 0.29
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
1,972 1,506 1,220 1,702 2,389 3,077 2,912 2,785 4,692 6,125 6,414 6,351 5,786
1,946 1,537 1,379 1,815 2,482 3,054 2,876 2,689 4,484 5,795 5,485 5,484 5,265
Operating Profit 26 -31 -159 -113 -93 24 36 96 209 330 929 867 522
OPM % 1% -2% -13% -7% -4% 1% 1% 3% 4% 5% 14% 14% 9%
23 32 16 21 -22 36 49 10 29 -38 193 68 66
Interest 345 384 425 46 34 112 103 88 99 89 73 63 64
Depreciation 143 134 122 118 107 102 97 94 91 98 86 94 111
Profit before tax -440 -518 -690 -256 -257 -154 -114 -76 48 105 963 778 412
Tax % -24% -22% 0% 0% 0% 0% 0% 0% 0% 45% 9% 28%
-333 -406 -690 -256 -257 -154 -114 -76 48 58 880 558 293
EPS in Rs -9.90 -11.01 -17.74 -5.93 -5.33 -3.19 -2.07 -1.37 0.87 0.79 10.75 6.12 3.21
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 15%
5 Years: 17%
3 Years: 11%
TTM: -13%
Compounded Profit Growth
10 Years: 13%
5 Years: 48%
3 Years: 126%
TTM: -66%
Stock Price CAGR
10 Years: 51%
5 Years: 86%
3 Years: 106%
1 Year: -61%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 31%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 67 74 78 86 96 96 110 110 110 145 164 182 182
Reserves 154 -269 -955 -1,322 -1,523 -1,676 -1,768 -1,844 -1,773 411 1,340 1,942 2,039
2,678 3,076 3,528 3,602 3,510 3,638 3,464 3,434 3,169 860 473 559 459
1,220 1,212 1,283 1,162 1,154 1,145 1,173 1,306 1,463 1,543 1,378 1,207 1,264
Total Liabilities 4,120 4,093 3,933 3,528 3,238 3,204 2,979 3,006 2,969 2,960 3,354 3,891 3,944
1,953 1,809 1,691 1,583 1,409 1,324 1,238 1,181 1,165 1,132 1,382 1,614 1,591
CWIP 129 127 130 134 119 79 98 102 52 69 116 129 191
Investments 2 2 2 2 1 1 1 1 1 1 1 1 1
2,036 2,155 2,110 1,809 1,709 1,800 1,642 1,722 1,751 1,758 1,856 2,147 2,162
Total Assets 4,120 4,093 3,933 3,528 3,238 3,204 2,979 3,006 2,969 2,960 3,354 3,891 3,944

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-33 -61 -174 -104 66 40 291 143 463 321 839 311
19 32 4 26 -12 7 -37 -40 -124 -119 -398 -352
7 43 158 78 -48 -48 -250 -89 -351 -192 -416 88
Net Cash Flow -8 14 -11 0 5 -0 4 15 -12 10 24 47

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 148 187 220 106 61 47 36 32 12 14 14 25
Inventory Days 131 160 181 119 94 75 94 123 83 70 84 112
Days Payable 225 273 275 151 123 102 113 132 90 76 77 64
Cash Conversion Cycle 54 74 127 74 32 20 17 23 5 7 21 73
Working Capital Days -92 -135 -247 -713 -503 -211 -345 -378 -212 -25 -5 17
ROCE % -3% -5% -10% -8% -8% -2% -0% 1% 9% 18% 62% 36%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
55.90% 55.90% 58.73% 60.02% 60.02% 60.80% 63.85% 64.84% 64.84% 64.84% 64.84% 64.84%
0.00% 0.00% 0.09% 0.67% 2.57% 3.05% 2.92% 3.00% 3.23% 3.56% 3.63% 3.48%
0.00% 0.00% 0.05% 0.00% 0.00% 0.07% 0.08% 0.09% 0.10% 0.11% 0.11% 0.12%
44.09% 44.09% 41.12% 39.30% 37.40% 36.07% 33.15% 32.05% 31.83% 31.50% 31.41% 31.56%
No. of Shareholders 13,16113,58813,40916,80018,18921,49927,41225,11725,11430,20737,11444,686

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls