Jai Balaji Industries Ltd
Incorporated in 1999, Jai Balaji Industries Limited is engaged in the manufacturing of Iron and Steel products [1]
- Market Cap ₹ 11,868 Cr.
- Current Price ₹ 130
- High / Low ₹ 259 / 124
- Stock P/E 15.7
- Book Value ₹ 21.1
- Dividend Yield 0.00 %
- ROCE 62.3 %
- ROE 87.3 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 51.6% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoters have pledged 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 9m | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,545 | 1,972 | 1,506 | 1,220 | 1,702 | 2,389 | 3,077 | 2,912 | 2,785 | 4,692 | 6,125 | 6,414 | 6,607 | |
1,624 | 1,946 | 1,537 | 1,379 | 1,815 | 2,482 | 3,054 | 2,876 | 2,689 | 4,484 | 5,795 | 5,485 | 5,632 | |
Operating Profit | -80 | 26 | -31 | -159 | -113 | -93 | 24 | 36 | 96 | 209 | 330 | 929 | 975 |
OPM % | -5% | 1% | -2% | -13% | -7% | -4% | 1% | 1% | 3% | 4% | 5% | 14% | 15% |
22 | 23 | 32 | 16 | 21 | -22 | 36 | 49 | 10 | 29 | -38 | 193 | 205 | |
Interest | 185 | 345 | 384 | 425 | 46 | 34 | 112 | 103 | 88 | 99 | 89 | 73 | 63 |
Depreciation | 92 | 143 | 134 | 122 | 118 | 107 | 102 | 97 | 94 | 91 | 98 | 86 | 90 |
Profit before tax | -334 | -440 | -518 | -690 | -256 | -257 | -154 | -114 | -76 | 48 | 105 | 963 | 1,026 |
Tax % | -33% | -24% | -22% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 45% | 9% | |
-224 | -333 | -406 | -690 | -256 | -257 | -154 | -114 | -76 | 48 | 58 | 880 | 755 | |
EPS in Rs | -7.01 | -9.90 | -11.01 | -17.74 | -5.93 | -5.33 | -3.19 | -2.07 | -1.37 | 0.87 | 0.79 | 10.75 | 8.69 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 16% |
3 Years: | 32% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 52% |
3 Years: | 141% |
TTM: | 27% |
Stock Price CAGR | |
---|---|
10 Years: | 48% |
5 Years: | 95% |
3 Years: | 141% |
1 Year: | -49% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 87% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 64 | 67 | 74 | 78 | 86 | 96 | 96 | 110 | 110 | 110 | 145 | 164 | 182 |
Reserves | 467 | 154 | -269 | -955 | -1,322 | -1,523 | -1,676 | -1,768 | -1,844 | -1,773 | 411 | 1,340 | 1,746 |
2,438 | 2,678 | 3,076 | 3,528 | 3,602 | 3,510 | 3,638 | 3,464 | 3,434 | 3,169 | 860 | 473 | 432 | |
1,149 | 1,220 | 1,212 | 1,283 | 1,162 | 1,154 | 1,145 | 1,173 | 1,306 | 1,463 | 1,543 | 1,378 | 1,398 | |
Total Liabilities | 4,118 | 4,120 | 4,093 | 3,933 | 3,528 | 3,238 | 3,204 | 2,979 | 3,006 | 2,969 | 2,960 | 3,354 | 3,758 |
2,094 | 1,953 | 1,809 | 1,691 | 1,583 | 1,409 | 1,324 | 1,238 | 1,181 | 1,165 | 1,132 | 1,382 | 1,382 | |
CWIP | 133 | 129 | 127 | 130 | 134 | 119 | 79 | 98 | 102 | 52 | 69 | 116 | 280 |
Investments | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
1,891 | 2,036 | 2,155 | 2,110 | 1,809 | 1,709 | 1,800 | 1,642 | 1,722 | 1,751 | 1,758 | 1,856 | 2,095 | |
Total Assets | 4,118 | 4,120 | 4,093 | 3,933 | 3,528 | 3,238 | 3,204 | 2,979 | 3,006 | 2,969 | 2,960 | 3,354 | 3,758 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-35 | -33 | -61 | -174 | -104 | 66 | 40 | 291 | 143 | 463 | 321 | 839 | |
-22 | 19 | 32 | 4 | 26 | -12 | 7 | -37 | -40 | -124 | -119 | -398 | |
63 | 7 | 43 | 158 | 78 | -48 | -48 | -250 | -89 | -351 | -192 | -416 | |
Net Cash Flow | 6 | -8 | 14 | -11 | 0 | 5 | -0 | 4 | 15 | -12 | 10 | 24 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 166 | 148 | 187 | 220 | 106 | 61 | 47 | 36 | 32 | 12 | 14 | 14 |
Inventory Days | 188 | 131 | 160 | 181 | 119 | 94 | 75 | 94 | 123 | 83 | 70 | 84 |
Days Payable | 287 | 225 | 273 | 275 | 151 | 123 | 102 | 113 | 132 | 90 | 76 | 77 |
Cash Conversion Cycle | 67 | 54 | 74 | 127 | 74 | 32 | 20 | 17 | 23 | 5 | 7 | 21 |
Working Capital Days | 86 | 41 | 42 | -9 | -94 | 24 | 29 | 6 | -4 | -11 | -11 | 5 |
ROCE % | -3% | -5% | -10% | -8% | -8% | -2% | -0% | 1% | 9% | 18% | 62% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Feb
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Feb - Jai Balaji Industries announces Q3 & 9MFY25 financial results.
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Comments By The Board On Fines Levied By The Stock Exchanges
11 Feb - Board comments on fines for delayed compliance.
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Integrated Filing (Financial)
11 Feb - Submission of unaudited financial results for Q3 2024.
- Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended 31St December, 2024 11 Feb
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024TranscriptNotesPPT
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May 2024TranscriptPPT
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May 2024Transcript PPT REC
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Jan 2024Transcript PPT
Product Portfolio
The company has a portfolio of value-added products including DRI (sponge iron), pig iron, ferro alloys, alloy and mild steel billets, reinforcement steel TMT bars, wire rods, ductile iron pipes, and alloy and mild steel heavy rounds. [1]