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Jai Balaji Industries Ltd

(JAIBALAJI)

₹1060.61.7%

as on 04:01PM, 12 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹1,040
    ₹1,099.9
  • 52 Week's Low

    52 Week's High

    ₹316
    ₹1,314
1 Month Return+ 16.68 %
3 Month Return+ 17.65 %
1 Year Return+ 230.7 %
Previous Close₹1,078.90
Open₹1,078.90
Volume48.73K
Upper Circuit-
Lower Circuit-
Market Cap₹19,145.94Cr

Key Statistics

P/E Ratio19.08
PEG Ratio0.45
Market Cap₹19,145.94 Cr
P/B Ratio10.21
EPS53.75
Dividend Yield0
SectorSteel
ROE28.73

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹19,145.94 Cr1133.9%0.63₹879 Cr₹6,413 Cr
NA₹223.72 Cr-9.41%0.64NANA
NA₹1,492.95 Cr93.57%0.54₹274 Cr₹500 Cr
NA₹1,050.28 Cr128.93%0.58NANA
NA₹2,285.53 Cr125.95%0.55NANA

Company Information

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: ₹1060.60 per share as on 12 Sep, 2024 04:01 PM
Market Capitalisation: ₹19,145.94Cr as of today
Revenue: ₹1,718.31Cr as on June 2024 (Q2 24)
Net Profit: ₹208.82Cr as on June 2024 (Q2 24)
Listing date: 10 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 Strong Growth and Volume Surge - 03 Sep, 2024

    Jai Balaji Industries Ltd reported impressive earnings growth of 344.7% and a strong financial position. The stock experienced a significant volume surge, increasing by 4.68%.

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

    Best in 3 Years

    img

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

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 63.85% to 64.84% in Jul 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

    Price Rise

    img

    In the last 1 year, JAIBALAJI stock has moved up by 230.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 33.14% to 32.20% in Jul 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.92% to 2.87% in Jul 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 2.00K Cr → 1.72K Cr (in ₹), with an average decrease of 13.7% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 272.98 Cr → 208.82 Cr (in ₹), with an average decrease of 23.5% per quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,482.56Cr (-)₹1,546.63Cr (↑4.32%)₹1,538.99Cr (↓0.49%)₹1,845.60Cr (↑19.92%)₹1,718.31Cr (↓6.90%)
Net Income₹170.43Cr (-)₹201.55Cr (↑18.26%)₹234.60Cr (↑16.40%)₹272.98Cr (↑16.36%)₹208.82Cr (↓23.50%)
Net Profit Margin11.50% (-)13.03% (↑13.30%)15.24% (↑16.96%)14.79% (↓2.95%)12.15% (↓17.85%)
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 Commodities

₹7,698.21

1.85 (140.05%)

Nifty Smallcap 250

₹18,381.70

0.78 (142.9%)

S&P BSE 250 SmallCap

₹7,448.36

0.78 (57.48%)

Nifty MidSmallcap 400

₹20,779.55

1.01 (208.4%)

Nifty 500

₹23,907.35

1.6 (376.1%)

S&P BSE AllCap

₹11,035.48

1.51 (164.66%)

S&P BSE 400 MidSmallCap

₹12,844.26

1.05 (133.58%)

BSE Small-Cap

₹56,589.93

0.79 (442.31%)

BSE 500

₹37,720.89

1.56 (580.71%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
64.84%
1.55
Foreign Institutions
2.87%
-1.70
Mutual Funds
0.08%
-0.99
Retail Investors
32.2%
-2.84
Others
0%
-2.94

Key Indicators

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

Jai Balaji Industries Ltd Valuation

Jai Balaji Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-8.38x)

May 3, 2021

Today (19.08x)

September 11, 2024

Industry (25.36x)

September 11, 2024

Highest (34.09x)

February 29, 2024

LowHigh

Earnings and Dividends

  • Jai Balaji Industries Ltd Earnings Results

    Jai Balaji Industries Ltd’s net profit jumped 22.53% since last year same period to ₹208.82Cr in the Q1 2024-2025. On a quarterly growth basis, Jai Balaji Industries Ltd has generated -23.5% fall in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

Frequently Asked Questions

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Jai Balaji Industries Ltd (JAIBALAJI) share price today is ₹1060.6

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 ₹1099.9.
  • Today’s lowest price of Jai Balaji Industries Ltd is ₹1040.

PE Ratio of Jai Balaji Industries Ltd is 19.08

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 48.73K.

Today’s market capitalisation of Jai Balaji Industries Ltd(JAIBALAJI) is ₹19145.94Cr.

Jai Balaji Industries Ltd(JAIBALAJIPrice
52 Week High
₹1314
52 Week Low
₹316

Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹1060.6. It is down -19.28% from its 52 Week High price of ₹1314

Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹1060.6. It is up 235.63% from its 52 Week Low price of ₹316

Jai Balaji Industries Ltd(JAIBALAJIReturns
1 Day Returns
-18.3%
1 Month Returns
16.68%
3 Month Returns
17.65%
1 Year Returns
230.7%