Jai Balaji Industries Limited
₹61.82-₹2.03 (-3.2%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹6,004 Cr
- P/E
- 20.5x
- EV / EBITDA
- 5.4x
- Revenue
- ₹6,351 Cr
- Net margin
- 13.7%
- ROCE
- 47.0%
Price chart
Technical chartScreen technicals →-34.8% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -1.0%
- 3M
- +3.4%
- 6M
- -21.1%
- 1Y
- -34.8%
- 5Y
- +447.1%
52-week range
Day change -₹2.03 (-3.2%) from ₹64 to ₹62 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in JAIBALAJI, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 17.1%
Concerns1
- Negative free cash flow (₹41 Cr)
Rule-based from financial data. Not advice.
About the company
Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. The company provides TMT bars, cement, sponge iron, pig iron, ductile iron pipe, ferro chrome, billet, coke, sinter, manganese, 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, and sinter, as well as generates power. The company offers its TMT bars under the Balaji Shakti brand name. It also exports its products. The company was incorporated in 1999 and is based in Kolkata, India.
- Sector
- Materials
- Shares outstanding
- 91.4 Cr shares
- ISIN
- INE091G01026
- BSE code
- 532976
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹6,004 Cr
- P/E
- 20.5x
- P/B
- 2.7x
- EV / EBITDA
- 5.4x
- EV / Sales
- 1.0x
- P/S
- 0.9x
- Earnings yield
- 4.9%
- 52-week high
- ₹96.55
- 52-week low
- ₹54.14
Profitability
- Operating margin
- 14.5%
- Net margin
- 13.7%
- EBITDA margin
- 17.5%
- ROE
- 58.5%
- ROCE
- 47.0%
- ROA
- 26.2%
- Dividend payout
- 0.0%
- Tax rate
- 9.0%
- Other income, % of PBT
- 20.0%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹6,351 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -1.0%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.1%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,122 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 284.2%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -36.6%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹839 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 161.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹47.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 13.3%
Solvency and efficiency
- Current ratio
- 1.35
- Debt / Equity
- 0.31
- Debt / Assets
- 0.14
- Debt / EBITDA
- 0.42
- Interest coverage
- 12.73
- Financial leverage
- 2.23
- CFO / Net profit
- 0.95
- Cash / Market cap
- 30.9%
- Cash per share
- ₹20.31
- Asset turnover
- 1.91
- Fixed asset turnover
- 4.64
- Capital intensity
- 0.22
- Debtor days
- 14 days
- Inventory turnover
- 4.35
- Cash conversion cycle
- 21 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹9 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹5,484 Cr |
| Sales | Operating profit | ₹867 Cr |
| Operating profit | Interest | ₹63 Cr |
| Operating profit | Depreciation | ₹94 Cr |
| Operating profit | Profit before tax | ₹710 Cr |
| Other income | Profit before tax | ₹68 Cr |
| Profit before tax | Tax and other | ₹220 Cr |
| Profit before tax | Net profit | ₹558 Cr |
Revenue and net profit
Revenue fell 1.0% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹2,785 Cr | -₹76 Cr |
| FY2022 | ₹4,692 Cr | ₹48 Cr |
| FY2023 | ₹6,125 Cr | ₹58 Cr |
| FY2024 | ₹6,414 Cr | ₹880 Cr |
| FY2025 | ₹6,351 Cr | ₹558 Cr |
Cash flows
FY2025: ₹311 Cr from operations, -₹41.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹143 Cr | ₹103 Cr |
| FY2022 | ₹463 Cr | ₹339 Cr |
| FY2023 | ₹321 Cr | ₹202 Cr |
| FY2024 | ₹839 Cr | ₹441 Cr |
| FY2025 | ₹311 Cr | -₹41 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹6,351 Cr-1.0%1Y
- Net profit
- ₹558 Cr-36.6%1Y
- Cash from operations
- ₹311 Cr
- Free cash flow
- -₹41 Cr-109.3%1Y
- Revenue CAGR, 5Y
- 17.1%
- EBITDA CAGR, 5Y
- 67.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹6,351 Cr | ₹867 Cr | — | ₹558 Cr | ₹311 Cr | -₹41 Cr | 26.3% | -1.0% | -36.6% |
Monthly returns
Month-by-month returns of JAIBALAJI across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,891 Cr |
| Equity capital | ₹182 Cr |
| Reserves | ₹1,942 Cr |
| Borrowings | ₹559 Cr |
| Other liabilities | ₹1,207 Cr |
| Assets | ₹3,891 Cr |
| Fixed assets | ₹1,614 Cr |
| Capital work in progress | ₹129 Cr |
| Investments | ₹1 Cr |
| Other assets | ₹2,147 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
JAIBALAJI trades at 20.5x earnings against a peer median of 35.5x (a 42% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Jai Balaji Industries LimitedJAIBALAJIthis companyP/E ↓ discount | ₹6,004 Cr | 20.5x | 2.7x | 58.5% | 5.4x |
| Galaxy Surfactants LimitedGALAXYSURF | ₹6,641 Cr | 41.1x | 4.4x | 14.2% | 19.2x |
| Indian Metals & Ferro Alloys LimitedIMFA | ₹6,603 Cr | 20.0x | 2.6x | 17.5% | 10.1x |
| PRISM JOHNSON LIMITED.PRSMJOHNSN | ₹6,484 Cr | 68.1x | 4.3x | 13.7% | 10.9x |
| India Glycols LtdINDIAGLYCO | ₹6,455 Cr | 32.1x | 3.0x | 8.9% | 17.5x |
| Archean Chemical Industries LimitedACI | ₹6,326 Cr | 30.9x | 3.3x | 18.9% | 12.2x |
| JK Paper Ltd.JKPAPER | ₹5,949 Cr | 22.5x | 1.2x | 19.8% | 5.3x |
| Indigo Paints LimitedINDIGOPNTS | ₹5,829 Cr | 40.1x | 5.4x | 16.3% | 23.4x |
| Midwest LimitedMIDWESTLTD | ₹5,618 Cr | 61.1x | — | 18.0% | 48.6x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
JAIBALAJI since 1 January, against earlier years.
Historical volatility
JAIBALAJI's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 3.0% |
| FY2022 | 4.0% |
| FY2023 | 5.0% |
| FY2024 | 14.0% |
| FY2025 | 14.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹6,351 Cr |
| Costs | |
| Interest | ₹63 Cr |
| Expenses | ₹5,484 Cr |
| Operating profitOperating Profit | ₹867 Cr |
| Other income and charges | |
| Profit before tax | ₹778 Cr |
| Tax | |
| Net profitNet Profit | ₹558 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,891 Cr |
| Equity capitalEquity Capital | ₹182 Cr |
| Reserves | ₹1,942 Cr |
| Borrowings | ₹559 Cr |
| Other liabilitiesOther Liabilities | ₹1,207 Cr |
| AssetsTotal Assets | ₹3,891 Cr |
| Fixed assetsFixed Assets | ₹1,614 Cr |
| Capital work in progressCWIP | ₹129 Cr |
| Investments | ₹1 Cr |
| Other assetsOther Assets | ₹2,147 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹311 Cr |
| Investing cash flowCash from Investing Activity | -₹352 Cr |
| Financing cash flowCash from Financing Activity | ₹88 Cr |
| Change in cashNet Cash Flow | ₹47 Cr |
Learn while you research
Academy chapters picked for Jai Balaji Industries Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read