Jai Balaji Industries Limited share price

NSE: JAIBALAJI · ISIN INE091G01026

Key numbers

Market cap
₹ 5,926 Cr
Current price
₹ 64.96
52-week high / low
₹ 102 / 54
Stock P/E
41.1
Book value
₹ 24.3
Dividend yield
0.00%
ROCE
9.2%
ROE
5.9%
Debt to equity
0.18
Sales growth (3 yrs)
-1.8%
Profit growth (3 yrs)
31.0%
1-year return
-33.1%

About Jai Balaji Industries Limited

Jai Balaji Industries Limited manufactures and markets iron and steel products in India. The company provides TMT bars, cement, sponge iron, pig iron, ductile iron pipe, ferro chrome, billet, coke, sinter, ductile iron pipes, and alloy carbon and mild steel billets and rounds. It also offers steel bars/rods, ferro alloys, MS ingots, and coke/coke fines/nut coke, as well as generates power. The company offers its TMT bars under the Balaji Shakti brand name. It also exports its products. Jai Balaji Industries Limited was incorporated in 1999 and is based in Kolkata, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,3571,3531,3291,7451,683
Operating profit127725492151
Net profit7126122185
EPS (₹)0.770.290.130.230.93

Concall summary (2026-08-17)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • We have also continued to make strong progress on deleveraging with our net term debt reducing significantly from INR3,408 crores in FY21 to INR188 crores in Q1 FY27.
  • The balance of around INR35 crores to INR40 crores is expected to be completed by the end of this current year 2026.

Growth & demand

  • Our DI pipe capacity has increased from 5 lakh tons to 5.5 lakh tons per annum, positioning us well to ramp up utilization as the demand revives and market conditions improve.
  • Specialized ferroallo ys continued to be a key driver of growth, contributing around 27% of revenues in Q1 '27, supported by our specialized product portfolio and long-term customer relationships and premium realizations.

Margins & costs

  • Operational EBITDA stood at 9% and the PAT margins stood at 5% respectively.
  • One is 6% to 8% commodity business EBITDA margin, other is 12%, 13% plus, and ferroalloy 16%, The margin is upwards of 17%.

Capex & expansion

  • In parallel, our specialized ferroalloy capacity is also being enhanced to 1.9 lakh metric tons per annum from 1.66 lakh tons, and our blast furnace capacity will increase to 7.5 lakh tons per annum from 6.3 lakh tons capacity, and sinter capacity to 12.08 lakh tons from 9.08 lakh tons.
  • And with our DI pipe capacity now at 5.5 lakh tons per annum, expanding specialized ferroalloy capacity, increasing contribution from value -added products, and continued focus on financial discipline, JBIL is very well positioned to capitalize on the next phase of the industry recovery.

Balance sheet & cash

  • Our net term debt to debt-equity ratio stands at a healthy 0.07 in FY26 end, providing us with a strong financial foundation and ample headroom to support future growth.
  • Sir, the repayable term debt stands at INR188 crores.

Peers in Steel

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