Jain Resource Recycling Limited
₹270.00-₹4.80 (-1.7%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹14,273 Cr
- P/E
- 56.3x
- EV / EBITDA
- 54.8x
- Revenue
- ₹6,143 Cr
- Net margin
- 3.8%
- ROCE
- 18.7%
Price chart
Technical chartScreen technicals →-32.0% 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
- -7.7%
- 3M
- -21.3%
- 6M
- -41.2%
- 1Y
- -32.0%
- 5Y
- -11.5%
52-week range
Day change -₹4.80 (-1.7%) from ₹275 to ₹270 · Last close Oct 30, 2026
AI Summary
Indian StockStrengths1
- Healthy return on equity of 43.8%
Concerns1
- High leverage — debt-to-equity of 2.32
Rule-based from financial data. Not advice.
About the company
Jain Resource Recycling Limited engages in the manufacture and export of non-ferrous metal products by way of recycling of non-ferrous metal scrap. The company offers lead and lead alloy ingots, copper and copper ingots, and aluminum and aluminum alloys.
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Jain Resource Recycling Limited engages in the manufacture and export of non-ferrous metal products by way of recycling of non-ferrous metal scrap. The company offers lead and lead alloy ingots, copper and copper ingots, and aluminum and aluminum alloys. It also engages in the non-ferrous recycling of copper, lead, and aluminum; trading of non-ferrous scrap that include nickel cathode, silicon metal, tin ingots, and zinc ingots and other products. In addition, the company offers copper products that include refined copper billet and finished copper scrap; lead products that include refined lead ingots, antimony lead ingots, and remelted lead ingots; and aluminum products that include aluminum alloy ingots and molten aluminum alloys. Jain Resource Recycling Limited was founded in 1950 and is based in Chennai, India.
- Sector
- Materials
- Shares outstanding
- 34.5 Cr shares
- ISIN
- INE0YD401026
- BSE code
- 544537
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹14,273 Cr
- P/E
- 56.3x
- EV / EBITDA
- 54.8x
- EV / Sales
- 3.6x
- P/S
- 3.4x
- Earnings yield
- 1.8%
- 52-week high
- ₹571.55
- 52-week low
- ₹270.00
Profitability
- Operating margin
- 5.4%
- Net margin
- 3.8%
- EBITDA margin
- 6.5%
- ROE
- 43.8%
- ROCE
- 18.7%
- ROA
- 11.0%
- Dividend payout
- 0.0%
- Tax rate
- 24.0%
- Other income, % of PBT
- 21.4%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹6,143 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.
- 47.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹271 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.
- 144.1%
- 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.
- 31.9%
- 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.
- ₹81.0 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.
- 55.8%
- 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.
- ₹75.0 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.
- 150.3%
Solvency and efficiency
- Current ratio
- 5.83
- Debt / Equity
- 2.32
- Debt / Assets
- 0.58
- Debt / EBITDA
- 3.12
- Interest coverage
- 4.35
- Financial leverage
- 3.97
- CFO / Net profit
- 0.51
- Cash / Market cap
- 9.6%
- Cash per share
- ₹39.65
- Asset turnover
- 2.87
- Fixed asset turnover
- 74.23
- Capital intensity
- 0.01
- Debtor days
- 15 days
- Inventory turnover
- 7.60
- Cash conversion cycle
- 61 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹3 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹5,798 Cr |
| Sales | Operating profit | ₹345 Cr |
| Operating profit | Interest | ₹86 Cr |
| Operating profit | Depreciation | ₹11 Cr |
| Operating profit | Profit before tax | ₹248 Cr |
| Other income | Profit before tax | ₹40 Cr |
| Profit before tax | Tax and other | ₹78 Cr |
| Profit before tax | Net profit | ₹211 Cr |
Revenue and net profit
Revenue grew 47.8% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2022 | ₹236 Cr | ₹28 Cr |
| FY2023 | ₹1,880 Cr | ₹61 Cr |
| FY2024 | ₹4,157 Cr | ₹160 Cr |
| FY2025 | ₹6,143 Cr | ₹211 Cr |
Cash flows
FY2025: ₹28.0 Cr from operations, ₹18.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2022 | -₹324 Cr | -₹351 Cr |
| FY2023 | ₹52 Cr | ₹49 Cr |
| FY2024 | ₹81 Cr | -₹32 Cr |
| FY2025 | ₹28 Cr | ₹18 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹6,143 Cr+47.8%1Y
- Net profit
- ₹211 Cr+31.9%1Y
- Cash from operations
- ₹28 Cr
- Free cash flow
- ₹18 Cr
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹6,143 Cr | ₹345 Cr | — | ₹211 Cr | ₹28 Cr | ₹18 Cr | 29.8% | +47.8% | +31.9% |
Monthly returns
Month-by-month returns of JAINREC 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 | ₹1,702 Cr |
| Equity capital | ₹65 Cr |
| Reserves | ₹644 Cr |
| Borrowings | ₹817 Cr |
| Other liabilities | ₹176 Cr |
| Assets | ₹1,702 Cr |
| Fixed assets | ₹65 Cr |
| Capital work in progress | ₹3 Cr |
| Investments | ₹45 Cr |
| Other assets | ₹1,588 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
JAINREC trades at 56.3x earnings against a peer median of 35.5x (a 59% premium).
Not shown (no positive earnings and no EV / Sales): India Cements Ltd.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Jain Resource Recycling LimitedJAINRECthis companyP/E ↑ premium | ₹14,273 Cr | 56.3x | — | 43.8% | 54.8x |
| BASF India LtdBASF | ₹15,644 Cr | 40.7x | 4.1x | 17.5% | 15.0x |
| Deepak Fertilizers &PetrochemicalsDEEPAKFERT | ₹15,469 Cr | 40.9x | 4.5x | 9.9% | 29.3x |
| Paradeep Phosphates LimitedPARADEEP | ₹15,412 Cr | 15.8x | 1.9x | 2.8% | 25.5x |
| Ratnamani Metals & Tubes LtdRATNAMANI | ₹15,320 Cr | 24.6x | 4.0x | 18.9% | 16.2x |
| Anupam Rasayan India LimitedANURAS | ₹15,243 Cr | 119.0x | 4.8x | 4.3% | 47.6x |
| India Cements Ltd.INDIACEM | ₹14,502 Cr | — | 1.5x | -3.8% | 80.0x |
| Aarti Industries LtdAARTIIND | ₹13,175 Cr | 49.0x | 2.3x | 7.9% | 16.4x |
| Aether Industries LimitedAETHER | ₹13,146 Cr | 74.9x | 5.7x | 4.3% | 80.8x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
JAINREC since 1 January, against earlier years.
Historical volatility
JAINREC'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 |
|---|---|
| FY2022 | 15.0% |
| FY2023 | 5.0% |
| FY2024 | 5.0% |
| FY2025 | 6.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹6,143 Cr |
| Costs | |
| Interest | ₹86 Cr |
| Expenses | ₹5,798 Cr |
| Operating profitOperating Profit | ₹345 Cr |
| Other income and charges | |
| Profit before tax | ₹289 Cr |
| Tax | |
| Net profitNet Profit | ₹211 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,702 Cr |
| Equity capitalEquity Capital | ₹65 Cr |
| Reserves | ₹644 Cr |
| Borrowings | ₹817 Cr |
| Other liabilitiesOther Liabilities | ₹176 Cr |
| AssetsTotal Assets | ₹1,702 Cr |
| Fixed assetsFixed Assets | ₹65 Cr |
| Capital work in progressCWIP | ₹3 Cr |
| Investments | ₹45 Cr |
| Other assetsOther Assets | ₹1,588 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹28 Cr |
| Investing cash flowCash from Investing Activity | -₹10 Cr |
| Financing cash flowCash from Financing Activity | -₹77 Cr |
| Change in cashNet Cash Flow | -₹59 Cr |
Learn while you research
Academy chapters picked for Jain Resource Recycling 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 Valuation Multiples ExplainedThis stock trades at a P/E of 56.3, learn when high multiples are justified.6 min read
- 04 Growth Investing48% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Leverage RatiosDebt/Equity of 2.32 is elevated, understand what that means for solvency.6 min read
- 06 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read