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Jai Balaji Industries Ltd share price logo

Jai Balaji Industries Ltd Share Price

(JAIBALAJI)

₹167.2▲0.88%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Jai Balaji Industries Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Jai Balaji Industries Ltd. An average target of ₹1270

Source: S&P Global Market Intelligence

Jai Balaji Industries Ltd Share analysis

Jai Balaji Industries Ltd price forecast by 1 analysts

Upside of659.57%

High

₹1270

Target

₹1270.00

Low

₹1270

Jai Balaji Industries Ltd target price ₹1270, a slight upside of 659.57% compared to current price of ₹167.2. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Jai Balaji Industries Ltd Performance

  • Day's Low

    Day's High

    ₹156.05
    Day's Price Range
    ₹174.3

  • 52 Week's Low

    52 Week's High

    ₹156.05
    52-Week Price Range
    ₹262.8
1 Month Return-10.48 %
3 Month Return-23.46 %
1 Year Return-17.73 %
Previous Close₹165.74
Open₹163.00
Volume3.31L
Upper Circuit-
Lower Circuit-
Market Cap₹15,120.29Cr

Jai Balaji Industries Ltd Key Statistics

P/E Ratio15.88
PEG Ratio2.91
Market Cap₹15,120.29 Cr
P/B Ratio10.21
EPS10.75
Dividend Yield0
SectorSteel
ROE28.73

Jai Balaji Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
Jai Balaji Industries Ltd
Jai Balaji Industries Ltd
BUY₹15,120.29 Cr619.39%0.63₹879 Cr₹6,413 Cr
MSP Steel & Power Ltd
MSP Steel & Power Ltd
NA₹1,863.46 Cr95.36%0.79₹14 Cr₹2,873 Cr
JSW Ispat Special Products Ltd(Merged)
JSW Ispat Special Products Ltd(Merged)
NA₹0.00 Cr31.62%0.83NANA
Sat Industries Ltd
Sat Industries Ltd
NA₹1,216.46 Cr62.73%0.54₹274 Cr₹500 Cr
Rajasthan Tube Manufacturing Co Ltd
Rajasthan Tube Manufacturing Co Ltd
NA₹47.86 Cr152.33%0.76NANA
See all

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: ₹167.20 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹15,120.29Cr 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 Announces Stock Split Record Date - 16 Jan, 2025

    Jai Balaji Industries has set January 17, 2025, as the record date for its 1:5 stock split. This marks the company's first stock split, following a year of negative returns, with shares down 15.8% over the past year.

  • Jai Balaji Industries Announces Stock Split and Growth Plans - 26 Dec, 2024

    Jai Balaji Industries Ltd. will split its shares from Rs 10 to Rs 2, effective January 17, 2025. The company aims for a 25-30% revenue increase and 17-18% EBITDA margins for FY25, focusing on expanding DI Pipe production and enhancing value-added product contributions.

  • Jai Balaji Industries Announces Stock Split Details - 23 Dec, 2024

    Jai Balaji Industries has announced a stock split, converting each ₹10 share into five ₹2 shares, with a record date of January 17, 2025. This move aims to enhance market participation and shareholder value.

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

    Price Rise

    img

    In the last 3 years, JAIBALAJI stock has moved up by 1285.8%

  • 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

  • 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

    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%)

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

Details20202021202220232024
Return On Assets %-3.25-2.141.381.6625.25
Details20202021202220232024
Book Value Per Share (₹)-30.02-31.38-30.117.0418.12
Details20202021202220232024
Earning Per Share (₹)-2.07-1.370.870.810.75
Details202220232024
Return On Equity %-11.096.7528.73

Jai Balaji Industries Ltd Valuation

Jai Balaji Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-8.38x)

May 3, 2021

Today (15.88x)

January 16, 2025

Industry (22.58x)

January 16, 2025

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.

More on Technical Analysis

FAQs on Jai Balaji Industries Ltd

Jai Balaji Industries Ltd share price today stands at ₹167.2, Open. ₹163 ; Previous Close. ₹165.74 ; High. ₹174.3 ; Low. ₹156.05 ; 52 Week High. ₹262.8 ; 52 Week Low: ₹156.05.

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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 ₹174.3.
  • Today’s lowest price of Jai Balaji Industries Ltd is ₹156.05.

PE Ratio of Jai Balaji Industries Ltd is 15.88

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 3.31L.

Today’s market capitalisation of Jai Balaji Industries Ltd(JAIBALAJI) is ₹15120.29Cr.

Jai Balaji Industries Ltd(JAIBALAJIPrice
52 Week High
₹262.8
52 Week Low
₹156.05

Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹167.2. It is down -36.38% from its 52 Week High price of ₹262.8

Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹167.2. It is up 7.15% from its 52 Week Low price of ₹156.05

Jai Balaji Industries Ltd(JAIBALAJIReturns
1 Day Returns
1.46%
1 Month Returns
-10.48%
3 Month Returns
-23.46%
1 Year Returns
-17.73%