JAIBALAJI · Jai Balaji Industries Ltd · Iron & Steel
JAIBALAJI · Jai Balaji Industries Ltd · Iron & Steel
As of 06 Nov close
52-week range
30.4% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹1,683 Cr
Revenue YoY
PAT YoY
+20.8%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.5
P/S (TTM)
1
Sector P/E
17.3
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| JAIBALAJI (this stock) | 42.7 | 2.5 | +2.4% | +6.4% | 0.18 | 0.0% |
| JSW Steel | 12.1 | 3.1 | +13.1% | +24.8% | 1.19 | +0.6% |
| Lloyds Metals And Energy | 27.8 | 7.6 | +22.4% | +36.2% | 101.71 | +0.1% |
| Jindal Steel | 39.9 | 2.3 | +4.8% | +5.3% | 0.44 | +0.2% |
Promoter
stable
FII
falling 2q
MF
0.08% (-0.01pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- unknowneconomictimes.indiatimes.com· 19 Aug 2026, 02:41 pmBehari Lal Engineering shares rally 14% after stellar debut. What are brokerages saying?
- loweconomictimes.indiatimes.com· 17 Aug 2026, 08:56 amBehari Lal Engineering allotment likely today; GMP at 30%. Here’s how to check status
- unknowneconomictimes.indiatimes.com· 07 Aug 2026, 01:07 pmBehari Lal Engineering IPO price band set at Rs 271-285, issue opens on August 12
Concalls & investor presentations
AI-generatedKey takeaway: Jai Balaji Industries Limited reported a resilient performance in Q1 FY27, with revenue increasing by 24% year-on-year to INR 1,683 crores. Management highlighted a 46% rise in adjusted EBITDA and a 21% increase in PAT, attributed to price normalization and operational efficiencies. The ductile iron pipes market remains subdued due to slow government orders, but management noted strong underlying demand driven by government-led projects, particularly the Jal Jeevan Mission 2.0. The company has expanded its DI pipe capacity and specialized ferroalloy capacity, with plans for further enhancements. Management reported a significant reduction in net term debt, now at INR 188 crores, and emphasized ongoing efforts to strengthen the balance sheet. The production of key products remained healthy, with value-added products accounting for 42% of total sales. Management expressed optimism about future demand recovery and the potential for improved margins as market conditions stabilize.
Management expressed optimism about future demand recovery and ongoing operational improvements.
Sourced from an exchange-filed transcript, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Jai Balaji Industries Limited reported a strong start to FY27, with revenue, adjusted EBITDA, and PAT increasing by 24%, 46%, and 21% year-over-year, respectively. Management attributed this performance to operational efficiencies and price normalization. The company noted a subdued market for DI Pipes due to slower government order flows but highlighted potential demand from government initiatives like Jal Jeevan Mission 2.0 and AMRUT 2.0. JBIL expanded its DI Pipes capacity to 5.5 lakh TPA and plans to increase Ferro Alloys capacity to 1.9 lakh TPA. The presentation emphasized a strong balance sheet and ongoing focus on net term debt reduction, with a capex plan of Rs. 1,112 Cr, primarily funded through internal accruals. Management expressed confidence in the company's positioning for future growth, supported by enhanced capacities and a diversified product portfolio.
Management highlighted strong financial performance and growth opportunities.
Sourced from an exchange-filed presentation, dated 14 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedJai Balaji Industries Limited's FY2025-26 annual report highlights strategic focus on strengthening its manufacturing base, expanding technical capabilities, and enhancing financial flexibility. The company emphasized its commitment to corporate social responsibility (CSR), talent development, and robust corporate governance. It outlined plans to align talent priorities with business expansion and value-added products, while maintaining a zero-harm workplace. The report also noted the company's participation in India's infrastructure growth, particularly in steel and water sectors, and its efforts to improve internal controls and governance practices.
- Strengthening manufacturing base through integrated value chain investments
- Enhancing technical capabilities and workforce productivity through specialized training and career development
- Commitment to CSR initiatives in healthcare, education, and community welfare
- Robust corporate governance with independent audit committees and performance evaluations
- Focus on financial flexibility and debt-equity improvement to support strategic priorities
Key takeaway: Jai Balaji Industries is positioning itself to capitalize on India's infrastructure and steel industry growth through integrated manufacturing, talent development, and strong governance practices.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceEarlier (1-3 years ago)
The auditor of Kesarisuta Industries Uganda Limited issued a modified opinion due to uncertainty over the subsidiary's ability to continue as a going concern, as it had no operations during the year.
Regulatory Action
1 occurrenceEarlier (1-3 years ago)
The company was fined Rs. 92,000 plus 18% GST by NSE and BSE for a delay in intimation regarding the resignation of a Senior Management Personnel, though the fine has been paid.
Routine disclosures
Contingent Liability
2 occurrencesEarlier (1-3 years ago)
The company has contingent liabilities arising from claims and assertions by various parties in the ordinary course of business, which are being monitored with external legal counsel.
The company has contingent liabilities arising from claims and assertions by various parties in the ordinary course of business, which are being monitored with external legal counsel. The company records a liability for claims where a potential loss is probable and can be estimated, and discloses such matters in its financial statements if material.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The company has disclosed related party transactions with entities owned or significantly influenced by key managerial personnel, including sales, purchases, rent, and other financial dealings.
Statutory dues in dispute
2 occurrencesEarlier (1-3 years ago)
The company has outstanding statutory dues of Rs. H crores in Central Excise, with pre-deposit and net amount specified, pending before a forum.
The company has undisputed statutory dues, including Provident Fund, Employees State Insurance, Income Tax, Duty of Customs, Goods and Services Tax, Cess and other statutory dues, which have been regularly deposited during the year. However, there are disputes regarding some statutory dues, with details provided for the Central Excise Act, 1944 (Excise Duty) and the Goods and Service Act, 2017 (GST), including the period, forum, and amounts involved.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
28.97% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).