Jai Balaji Industries Limited share price

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.Read more

Website NSE हिंदी में BSE

Metals & MiningSteelNifty Microcap 250NSE: JAIBALAJIISIN INE091G01026

16 Oct 2026, 3:30 PM IST₹72.33▼ 2.58 (3.44%)

Market Cap₹ 6,598 Cr.
Current Price₹ 72.33
High / Low₹ 98 / 54
Stock P/E45.8
Book Value₹ 24
Dividend Yield0.00 %
ROCE10.2 %
ROE5.90 %
Face Value₹ 2.0

More figures (10)

EPS (TTM)₹ 1.58
Price / Book2.98
OPM3.9 %
Debt / Equity0.18
Sales growth (5Y)15.7 %
Profit growth (5Y)—
Promoter holding79.6 %
EV / EBITDA18.3
Beta0.38
All-time high₹ 263

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
JAIBALAJI	+12.93%	+10.83%	+5.22%	+0.06%	-24.36%	-15.07%	+45.59%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Jai Balaji Industries Limited is in the Steel industry (Basic Materials), with a market value of ₹6,598 crore.
It trades at 45.8 times its last 12 months' earnings and 3.0 times book value.
Revenue grew 15.7% a year over the last 5 years.
Return on equity was 5.9% and return on capital employed 10.2% in the latest year.
Debt was 0.18 times shareholders' equity.
The share price is 26.3% below its 52-week high and down 24.4% over one year.
Promoters and insiders hold about 79.6%; institutions about 1.5%.

Pros

Strong return on equity: 40.7% on average over the last 3 years.
Sales have grown 15.7% a year over the last 5 years.
Profit has grown 31.0% a year over the last 3 years.
Latest quarter (Jun 2026): sales up 24% and profit up 21% from a year ago.
Promoters have raised their holding by 4.82 points over 3 years, to 64.84%.

Cons

Trades at 45.8 times earnings, above its 3-year median of 21.7.
The company has not paid a dividend recently.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Jai Balaji Industries Limited

Employees: 4,220
Head office: Kolkata
NSE industry: Metals & Mining

Basic MaterialsMetals & MiningSteel

Part ofNifty Microcap 250

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Jai Balaji Industries	72.33	45.8	6,598	0.00	85	20.81	1,683	23.98	10.2	5.9	2.98	3.9	0.18	79.56	5,784	15.7
2.	JSW Steel	1,216.30	12.1	2,96,896	0.59	4,696	112.58	47,364	9.77	18.7	24.9	2.97	12.8	1.19	63.60	1,85,470	3.6
3.	Tata Steel	175.50	19.8	2,18,924	2.27	2,318	11.58	60,412	14.54	11.3	11.2	2.14	9.7	0.90	35.40	2,30,293	-1.6
4.	Jindal Steel	1,045.20	39.1	1,06,348	0.19	845	—	15,553	16.99	7.5	6.9	2.09	13.8	0.44	63.86	43,561	-13.1
5.	Lloyds Metals and Energy	1,851.70	21.3	1,04,208	0.06	1,727	164.87	7,289	206.63	19.4	36.2	7.51	33.8	1.49	77.69	16,822	71.4
6.	Steel Authority of India	170.95	16.5	70,611	1.38	1,644	120.80	26,246	1.25	7.2	5.7	1.17	6.1	0.53	65.10	1,10,811	2.0
7.	Welspun Corp	2,571.50	29.4	67,811	0.20	1,046	49.86	4,081	3.98	19.5	19.4	7.41	12.3	0.26	49.85	16,209	19.5
8.	NMDC	71.69	8.4	63,029	2.82	1,976	0.44	6,795	0.84	28.4	23.4	1.85	27.4	0.19	60.80	32,071	22.0
9.	Jindal Stainless	736.55	18.7	60,688	0.55	769	7.73	11,279	10.50	17.8	17.5	3.07	10.4	0.38	64.66	42,839	6.4
10.	APL Apollo Tubes	2,152.70	48.1	59,772	0.40	263	-10.24	5,438	2.14	28.0	25.3	11.29	7.1	0.09	36.91	22,385	12.6
	Median: 49 Co.	890.88	24.8	6,491	0.06	1,345	20.81	9,284	10.14	18.3	11.6	2.58	8.9	0.41	63.73	37,455	4.1

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Standalone figures in ₹ crore

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	1,483	1,547	1,539	1,846	1,718	1,557	1,486	1,590	1,357	1,353	1,329	1,745	1,683
YOY Sales Growth %	-0.81%	12.94%	0.13%	7.05%	15.90%	0.64%	-3.42%	-13.87%	-21.02%	-13.06%	-10.62%	9.79%	23.98%
	1,277	1,333	1,292	1,605	1,403	1,328	1,296	1,457	1,230	1,281	1,274	1,653	1,531
Material Cost %	66%	65%	63%	64%	61%	63%	64%	68%	68%	72%	73%	72%	71%
Employee Cost %	2%	3%	3%	2%	2%	3%	3%	3%	3%	3%	3%	3%	3%
Other Expenses %	18%	19%	18%	21%	18%	19%	20%	21%	19%	19%	20%	20%	17%
Operating Profit	205	213	247	241	316	228	190	133	127	72	54	92	151
OPM %	14%	14%	16%	13%	18%	15%	13%	8%	9%	5%	4%	5%	9%
	8	28	23	156	10	22	18	19	16	13	8	3	3
Exceptional items												-3
Interest	21	19	15	18	16	15	15	17	18	15	16	18	14
Depreciation	21	21	21	23	22	22	23	26	31	31	32	32	32
Profit before tax	170	202	235	357	287	213	170	108	95	40	15	42	109
				23%	27%	28%	29%	30%	25%	33%	21%	50%	22%
Current tax													3
Deferred tax				84	78	60	49	33	24	13	3	21	21
	170	202	235	273	209	153	120	75	71	26	12	21	85
YOY Profit Growth %	681.17%	851.59%	740.46%		22.52%	-24.01%	-48.67%	-72.35%	-66.21%	-82.71%	-90.41%	-71.69%	20.81%
EPS in Rs	2.27	2.56	2.94	3.39	2.42	1.68	1.32	0.83	0.77	0.29	0.13	0.23	0.93
Raw filing

Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Standalone figures in ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	2,425	2,425	3,077	2,912	2,785	4,644	6,125	6,414	6,351	5,784	6,110
YOY Sales Growth %			26.90%	-5.37%	-4.36%	66.72%	31.91%	4.71%	-0.98%	-8.92%
	2,519	2,519	3,058	2,877	2,690	4,435	5,869	5,508	5,484	5,435	5,740
Material Cost %	79%	79%	78%	77%	74%	72%	70%	65%	64%	71%	72%
Employee Cost %	3%	3%	3%	3%	3%	2%	2%	2%	3%	3%	3%
Other Expenses %	22%	22%	19%	19%	19%	22%	23%	19%	20%	20%	19%
Operating Profit	-94	-94	20	36	95	208	256	906	867	350	370
OPM %	-4%	-4%	1%	1%	3%	4%	4%	14%	14%	6%	6%
	18	18	40	55	11	30	35	215	68	36	28
Exceptional items	-40	-40		-6						-3	-3
Interest	34	34	112	103	88	99	89	73	63	66	62
Depreciation	107	107	102	97	94	91	98	86	94	125	126
Profit before tax	-257	-257	-154	-114	-76	48	105	963	778	192	206
							45%	9%	28%	32%	30%
Current tax							47
Deferred tax								84	220	62
	-257	-257	-154	-114	-76	48	58	880	558	130	145
YOY Profit Growth %							20.33%	1,420.79%	-36.57%	-76.71%
EPS in Rs	-5.50	-5.50	-3.19	-2.21	-1.37	0.87	0.90	11.16	6.25	1.42	1.58

Compounded Sales Growth

5 Years:: 16%
3 Years:: -2%
TTM:: 2%

Compounded Profit Growth

3 Years:: 31%
TTM:: -66%

Stock Price CAGR

5 Years:: 46%
3 Years:: -15%
1 Year:: -24%

Return on Equity

4 Years:: 33%
Last Year:: 6%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	145	164	182	182
Reserves	411	1,340	1,942	2,075
	860	473	559	417
Long term borrowings	626	303	148	41
Short term borrowings	234	169	410	366
	1,543	1,378	1,207	1,403
Trade payables	899	873	718	827
Current liabilities	1,737	1,502	1,559	1,648
Total Liabilities	2,960	3,354	3,891	4,077
	1,200	1,528	1,781	1,917
Gross block	2,618	2,953	3,300	3,560
Accumulated depreciation	1,418	1,425		1,643
Goodwill & intangibles	0	0	2	4
CWIP	69	146	127	347
	1,691	1,681	1,983	1,814
Inventories	821	950	1,248	1,419
Trade receivables	229	242	430	330
Cash & equivalents	23	48	95	2
Current assets	1,372	1,513	1,973	2,055
Total Assets	2,960	3,354	3,891	4,077

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	321	839	311	358
Profit for the year	58	880	558	130
Working capital changes	-264	-105	-564	58
Direct taxes paid	-5	2	-4	0
	-119	-398	-352	-242
Fixed assets purchased	-92	-381	-358	-248
Fixed assets sold	0	2	4	6
Investments purchased	-31	-45	-33	-41
Investments sold		20	25	35
	-192	-416	88	-209
Proceeds from borrowings		590	267	81
Repayment of borrowings	-333	-982	-181	-232
Interest paid	-85	-94	-61	-57
Net Cash Flow	10	24	47	-93
Free Cash Flow	228	457	-47	110

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	10.4%	85.4%	30.7%	5.9%
ROCE	—	15.7%	55.8%	35.9%	10.2%
Operating margin	—	5.8%	17.8%	12.7%	3.9%
Net margin	—	1.0%	14.0%	9.1%	2.3%
Debt / equity	—	1.55	0.31	0.26	0.18
Current ratio	—	0.79	1.01	1.27	1.25
Debtor days	—	14	14	26	21
Inventory days	—	64	75	101	114
Days payable	—	70	69	58	67
Cash conversion cycle	—	8	20	69	68
Working capital days	—	-22	1	25	26

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 64.84%
FIIs 2.77%
DIIs 0.11%
Public 32.28%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	60.02%	60.80%	63.85%	64.84%	64.84%	64.84%	64.84%	64.84%	64.84%	64.84%	64.84%	64.84%
	2.57%	3.05%	2.92%	3.01%	3.23%	3.56%	3.63%	3.48%	3.70%	3.00%	2.78%	2.77%
Foreign portfolio investors (Cat. I)	2.51%	2.98%	2.85%	2.92%	3.15%	3.45%	3.55%	3.39%	3.51%	2.99%	2.78%	2.71%
Foreign portfolio investors (Cat. II)	0.06%	0.07%	0.07%	0.08%	0.08%	0.11%	0.08%	0.09%	0.19%	0.01%		0.05%
		0.07%	0.08%	0.09%	0.10%	0.11%	0.11%	0.12%	0.12%	0.11%	0.10%	0.11%
Mutual funds		0.07%	0.08%	0.09%	0.08%	0.09%	0.09%	0.10%	0.10%	0.09%	0.08%	0.08%
	37.41%	36.07%	33.14%	32.06%	31.83%	31.49%	31.41%	31.56%	31.33%	32.05%	32.27%	32.28%
Retail (up to ₹2 lakh)	2.51%	2.33%	2.25%	1.96%	1.93%	1.97%	2.32%	3.43%	3.80%	4.11%	4.06%	4.19%
HNIs (above ₹2 lakh)	8.32%	8.07%	7.22%	6.74%	6.50%	6.37%	6.68%	6.64%	6.65%	6.52%	6.27%	6.10%
NRIs	0.03%	0.07%	0.06%	0.06%	0.06%	0.06%	0.07%	0.08%	0.10%	0.22%	0.28%	0.28%
Bodies corporate	21.24%	20.42%	18.26%	18.21%	18.31%	17.89%	17.30%	16.23%	15.44%	15.65%	16.07%	16.10%
IEPF	0.06%	0.06%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.04%	0.04%	0.04%
No. of Shareholders	18,189	21,499	27,412	25,117	25,114	30,207	37,114	44,686	47,026	48,105	47,451	46,490

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Jai Balaji Industries

No single fund or institution holds more than 1%.

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 0.08% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 15 Sep 2011
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

Jai Balaji Industries (JAIBALAJI.NS) Eases to ₹61.12 as Stock Hovers Near Key Support Zone - Dark Pool Printshttps://www.siam.in/ · 5 Oct 2026

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Jai Balaji Industries Limited

What is the share price of Jai Balaji Industries Limited today?

Jai Balaji Industries Limited (JAIBALAJI) last traded at ₹72.33 on NSE (16 Oct 2026, 3:30 PM IST). Prices may be delayed.

What is the market cap of Jai Balaji Industries Limited?

About ₹6,598 crore at the latest price.

What is the P/E ratio of Jai Balaji Industries Limited?

About 45.8 times its earnings over the last 12 months.

Is Jai Balaji Industries Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Jai Balaji Industries Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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