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Jai Balaji Industries Ltd

(JAIBALAJI)

₹928.90.78%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Jai Balaji Industries Ltd Performance

  • Day's Low

    Day's High

    ₹891.05
    ₹934.4
  • 52 Week's Low

    52 Week's High

    ₹575
    ₹1,314
1 Month Return-16.63 %
3 Month Return+ 0.23 %
1 Year Return+ 52.49 %
Previous Close₹921.75
Open₹921.75
Volume73.63K
Upper Circuit-
Lower Circuit-
Market Cap₹16,818.06Cr

Jai Balaji Industries Ltd Key Statistics

P/E Ratio17.66
PEG Ratio0.65
Market Cap₹16,818.06 Cr
P/B Ratio10.21
EPS53.75
Dividend Yield0
SectorSteel
ROE28.73

Jai Balaji Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹16,818.06 Cr839.44%0.63₹879 Cr₹6,413 Cr
NA₹472.43 Cr310.44%0.78₹11 Cr₹739 Cr
NA₹332.85 Cr88.23%0.66NANA
NA₹3,351.34 Cr52.4%0.63₹248 Cr₹1,959 Cr
NA₹32.67 Cr795.87%0.50NANA

About Jai Balaji Industries Ltd

Jai Balaji Industries Ltd is one of the largest steel producers in private sector Eastern India. They have five manufacturing facilities located in West Bengal and Chhattisgarh, and produce products like sponge iron, pig iron, TMT bars, and mild steel among others. The company was established in the year 1999 and went public in October 2003. Since then, the company has gradually increased their capacity by increasing investments in their existing infrastructure. They have signed MoUs with the Government of West Bengal and Chhattisgarh for setting up integrated steel plants and a 600MW thermal power project in Chhattisgarh. Furthermore, they have three wholly owned subsidiaries - Nilachal Iron and Power Limited, Jai Balaji Steels Purulia Limited and Jai Balaji Energy Purulia Limited. Their combined annual capacity is 12 lakh Metric Tonne, 35 lakh Metric Tonne and 2.4 lakh Metric Tonne respectively.

Share Price: ₹928.90 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹16,818.06Cr as of today
Revenue: ₹1,556.57Cr as on September 2024 (Q3 24)
Net Profit: ₹153.16Cr as on September 2024 (Q3 24)
Listing date: 09 Dec, 2003
Chairperson Name: Aditya Jajodia
OrganisationJai Balaji Industries Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Jai Balaji Industries Ltd

  • Jai Balaji Industries Reports Mixed Financial Results - 13 Nov, 2024

    Jai Balaji Industries reported net sales of Rs 1,556.57 crore for September 2024, up 0.64% YoY. However, net profit fell 24.01% to Rs 153.16 crore, and EPS decreased to Rs 8.42. The stock has shown strong returns of 15.52% over six months and 79.61% over twelve months.

  • Jai Balaji Industries Reports Profit Dip, Announces Stock Split - 12 Nov, 2024

    Jai Balaji Industries reported a 24% decline in Q2 FY25 net profit due to a deferred tax provision. The company announced a 5:1 stock split to enhance liquidity and attract retail investors, despite a slight revenue increase.

  • Jai Balaji Industries Plans Stock Split and Growth Targets - 07 Nov, 2024

    Jai Balaji Industries Ltd will hold a board meeting on November 12, 2024, to discuss un-audited financial results and a potential stock split. The company aims for a 25-30% revenue increase and 17-18% EBITDA margins for FY25, supported by strong profit growth over the past five years.

Insights on Jai Balaji Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.08% to 0.09% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 2.87% to 3.01% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, JAIBALAJI has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, JAIBALAJI has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 64.84% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 32.20% to 32.06% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, JAIBALAJI stock has moved down by -16.6%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 272.98 Cr → 153.16 Cr (in ₹), with an average decrease of 25.1% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 2.00K Cr → 1.57K Cr (in ₹), with an average decrease of 11.2% per quarter

Jai Balaji Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,546.63Cr (-)₹1,538.99Cr (↓0.49%)₹1,845.60Cr (↑19.92%)₹1,718.31Cr (↓6.90%)₹1,556.57Cr (↓9.41%)
Net Income₹201.55Cr (-)₹234.60Cr (↑16.40%)₹272.98Cr (↑16.36%)₹208.82Cr (↓23.50%)₹153.16Cr (↓26.65%)
Net Profit Margin13.03% (-)15.24% (↑16.96%)14.79% (↓2.95%)12.15% (↓17.85%)9.84% (↓19.01%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,544.70Cr (-)₹3,488.36Cr (↓1.59%)₹3,487.67Cr (↓0.02%)₹3,483.89Cr (↓0.11%)
Total Liabilities₹5,277.70Cr (-)₹5,151.11Cr (↓2.40%)₹2,931.59Cr (↓43.09%)₹1,979.77Cr (↓32.47%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹290.57Cr (-)₹143.46Cr (↓50.63%)₹462.74Cr (↑222.56%)₹320.91Cr (↓30.65%)₹838.72Cr (↑161.36%)

Index Inclusions

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

Jai Balaji Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
64.84%
0.00
Foreign Institutions
3.01%
4.79
Mutual Funds
0.09%
10.46
Retail Investors
32.06%
-0.44
Others
0%
-100.00

Jai Balaji Industries Ltd Key Indicators

Details202220232024
Return On Equity %-11.096.7528.73
Details20202021202220232024
Return On Assets %-3.25-2.141.381.6625.25
Details20202021202220232024
Book Value Per Share (₹)-150.1-156.91-150.5535.1990.62
Details20202021202220232024
Earning Per Share (₹)-10.35-6.864.353.9853.75

Jai Balaji Industries Ltd Valuation

Jai Balaji Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-8.38x)

May 3, 2021

Today (17.66x)

November 19, 2024

Industry (23.70x)

November 19, 2024

Highest (34.09x)

February 29, 2024

LowHigh

Jai Balaji Industries Ltd Earnings and Dividends

  • Jai Balaji Industries Ltd Earnings Results

    Jai Balaji Industries Ltd’s net profit fell -24.01% since last year same period to ₹153.16Cr in the Q2 2024-2025. On a quarterly growth basis, Jai Balaji Industries Ltd has generated -26.65% fall in its net profits since last 3-months.

    Read More about Earnings Results

Jai Balaji Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Jai Balaji Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Jai Balaji Industries Ltd

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Jai Balaji Industries Ltd (JAIBALAJI) share price today is ₹928.9

Jai Balaji Industries Ltd is listed on NSE

Jai Balaji Industries Ltd is listed on BSE

  • Today’s highest price of Jai Balaji Industries Ltd is ₹934.4.
  • Today’s lowest price of Jai Balaji Industries Ltd is ₹891.05.

PE Ratio of Jai Balaji Industries Ltd is 17.66

PE ratio = Jai Balaji Industries Ltd Market price per share / Jai Balaji Industries Ltd Earnings per share

Today’s traded volume of Jai Balaji Industries Ltd(JAIBALAJI) is 73.63K.

Today’s market capitalisation of Jai Balaji Industries Ltd(JAIBALAJI) is ₹16818.06Cr.

Jai Balaji Industries Ltd(JAIBALAJIPrice
52 Week High
₹1314
52 Week Low
₹575

Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹928.9. It is down -29.31% from its 52 Week High price of ₹1314

Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹928.9. It is up 61.55% from its 52 Week Low price of ₹575

Jai Balaji Industries Ltd(JAIBALAJIReturns
1 Day Returns
7.15%
1 Month Returns
-16.63%
3 Month Returns
0.23%
1 Year Returns
52.49%