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 ₹ 237 Cr.
- Current Price ₹ 105
- High / Low ₹ 300 / 70.0
- Stock P/E 16.2
- Book Value ₹ 67.0
- Dividend Yield 0.00 %
- ROCE 32.1 %
- ROE 24.2 %
- 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 30.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 73.3 days to 115 days
* 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
Part of Nifty SME Emerge
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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 187 | 132 | 75 | 141 | 246 | 303 | 367 | 433 | |
| 180 | 127 | 73 | 129 | 223 | 271 | 324 | 403 | |
| Operating Profit | 8 | 5 | 2 | 12 | 23 | 32 | 43 | 30 |
| OPM % | 4% | 4% | 3% | 9% | 10% | 10% | 12% | 7% |
| 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | |
| Interest | 6 | 4 | 3 | 4 | 5 | 6 | 7 | 7 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 4 |
| Profit before tax | 1 | 0 | -1 | 7 | 18 | 25 | 34 | 20 |
| Tax % | 30% | 33% | 2% | 20% | 25% | 22% | 26% | |
| 1 | 0 | -1 | 6 | 14 | 19 | 25 | 15 | |
| EPS in Rs | 34.00 | 2.00 | -42.67 | 198.33 | 453.33 | 10.76 | 11.25 | 6.50 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 38% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 248% |
| 3 Years: | 61% |
| TTM: | -39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -60% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 18 | 23 | 23 |
| Reserves | 23 | 23 | 22 | 27 | 40 | 45 | 125 | 129 |
| 27 | 21 | 27 | 27 | 31 | 24 | 24 | 43 | |
| 31 | 25 | 4 | 38 | 34 | 50 | 57 | 30 | |
| Total Liabilities | 84 | 73 | 56 | 95 | 109 | 137 | 229 | 225 |
| 7 | 10 | 10 | 5 | 6 | 5 | 24 | 27 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | 3 | 1 | -0 |
| Investments | -0 | -0 | -0 | 4 | 4 | 4 | 7 | 7 |
| 77 | 62 | 46 | 86 | 100 | 125 | 196 | 190 | |
| Total Assets | 84 | 73 | 56 | 95 | 109 | 137 | 229 | 225 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 11 | -1 | 8 | 5 | 15 | -35 | ||
| -5 | -3 | -0 | -1 | -5 | -18 | ||
| -9 | 4 | -4 | -1 | -13 | 52 | ||
| Net Cash Flow | -2 | -0 | 3 | 4 | -3 | -0 | |
| Free Cash Flow | 7 | -2 | 8 | 4 | 10 | -53 | |
| CFO/OP | 237% | -50% | 78% | 41% | 63% | -59% |
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 | 64 | 93 |
| Days Payable | 62 | 75 | 12 | 114 | 52 | 58 | 55 |
| Cash Conversion Cycle | 70 | 82 | 201 | 114 | 85 | 72 | 116 |
| Working Capital Days | 44 | 53 | 109 | 55 | 48 | 57 | 115 |
| ROCE % | 9% | 3% | 22% | 35% | 38% | 32% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Actual Production Volume (CRGO Products) MT |
|
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| Installed Capacity (CRGO Processing) MTPA |
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| Rejection Rate % |
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| Installed Capacity (Transformers) MVA |
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| Number of Manufacturing Units Numbers |
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Extracted by Screener AI
Documents
Announcements
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Updates
10 April 2026 - Jay Bee Laminations confirms it is not a Large Corporate under SEBI debt disclosure rules.
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Updates
9 April 2026 - Company says no pending material information; share price movement is market-driven.
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Price movement
8 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Updates
8 April 2026 - Jay Bee Laminations says Annual Secretarial Compliance Report not applicable for FY ended March 31, 2026.
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Structural Digital Database
8 April 2026 - Submitted SDD Compliance Certificate for FY ended March 31, 2026.
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Sep 2024TranscriptAI SummaryPPT
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.