Jay Bee Laminations Ltd
Incorporated in 1988, Jay Bee Laminations Ltd manufactures CRGO silicons They recently discontinued CRNGO silicon steel cores recently in H1FY25.[1]
- Market Cap ₹ 565 Cr.
- Current Price ₹ 250
- High / Low ₹ 456 / 178
- Stock P/E 22.2
- Book Value ₹ 65.4
- Dividend Yield 0.00 %
- ROCE 32.1 %
- ROE 24.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 248% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 187 | 132 | 75 | 141 | 246 | 303 | 367 | |
| 180 | 127 | 73 | 129 | 223 | 270 | 324 | |
| Operating Profit | 8 | 5 | 2 | 13 | 23 | 33 | 43 |
| OPM % | 4% | 4% | 3% | 9% | 10% | 11% | 12% |
| 1 | 1 | 0 | 0 | 1 | 1 | 1 | |
| Interest | 6 | 4 | 3 | 4 | 5 | 6 | 7 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 1 | 0 | -1 | 8 | 18 | 26 | 34 |
| Tax % | 30% | 33% | 2% | 23% | 25% | 26% | 26% |
| 1 | 0 | -1 | 6 | 14 | 19 | 25 | |
| EPS in Rs | 34.00 | 2.00 | -42.67 | 193.00 | 453.33 | 10.75 | 11.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 38% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 248% |
| 3 Years: | 63% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 30% |
| Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 18 | 23 |
| Reserves | 23 | 23 | 22 | 28 | 40 | 45 | 125 |
| 27 | 21 | 27 | 27 | 31 | 24 | 24 | |
| 31 | 25 | 4 | 39 | 34 | 44 | 57 | |
| Total Liabilities | 84 | 73 | 56 | 97 | 109 | 131 | 229 |
| 7 | 10 | 10 | 9 | 6 | 5 | 24 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 3 | 0 |
| Investments | 0 | 0 | 0 | 0 | 4 | 4 | 7 |
| 77 | 62 | 46 | 88 | 100 | 119 | 196 | |
| Total Assets | 84 | 73 | 56 | 97 | 109 | 131 | 229 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 11 | -1 | 3 | 5 | 16 | -35 | ||
| -5 | -3 | 0 | -1 | -5 | -18 | ||
| -9 | 4 | -3 | -1 | -13 | 52 | ||
| Net Cash Flow | -2 | -0 | -0 | 4 | -3 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 86 | 92 | 115 | 71 | 77 | 65 | 78 |
| Inventory Days | 47 | 65 | 99 | 157 | 61 | 65 | 93 |
| Days Payable | 62 | 75 | 12 | 114 | 52 | 58 | 55 |
| Cash Conversion Cycle | 70 | 82 | 201 | 114 | 85 | 72 | 116 |
| Working Capital Days | 83 | 101 | 203 | 124 | 85 | 82 | 131 |
| ROCE % | 9% | 3% | 22% | 35% | 40% | 32% |
Documents
Announcements
-
Copy of Newspaper Publication
12 July 2025 - Submission of newspaper clippings for postal ballot notice and remote e-voting process on July 12, 2025.
-
General Updates
12 July 2025 - Jay Bee Laminations starts commercial operations at new Unit-III facility with BIS certification from July 12, 2025.
-
Notice Of Shareholders Meetings-XBRL
11 July 2025 - JAY BEE LAMINATIONS LIMITED has informed about Notice of Shareholders Meeting for Postal Ballot
-
Shareholders meeting
11 July 2025 - Postal ballot for amending and re-numbering MOA object clauses to expand business scope.
-
Outcome of Board Meeting
11 July 2025 - Board approved MOA amendment, postal ballot notice, cut-off date, and appointed scrutinizer and e-voting provider.
Annual reports
Concalls
-
May 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Sep 2024TranscriptNotesPPT
Business Overview:[1]
JBLL is a manufacturer specializing in cold-rolled grain-oriented (CRGO) silicon steel cores, producing cut laminations, slit coils, and assembled cores. These components are primarily for the power and distribution transformer industry, currently catering to transformers up to 220 kV. It aims to expand into the high-voltage segment, targeting power transformers in the 400 kV and 765 kV range by the second half of FY2025.