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Jai Balaji Industries Ltd (JAIBALAJI)

₹1005.052.15%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Jai Balaji Industries Ltd share Performance

  • ₹994
    ₹1069
    ₹1005.05
    downward going graph

    1.10%

    Low

    Day's Volatility:7.46%

    High

    6.36%

    downward going graph
  • ₹58
    ₹1314
    ₹1005.05
    downward going graph

    94.23%

    Low

    52 Weeks Volatility:124.97%

    High

    30.74%

    downward going graph
1 Month Return12.95 %
3 Month Return-4.24 %
1 Year Return1586.62 %
Previous Close₹1,027.15
Open₹1,027.15
Volume94.57K
Upper Circuit-
Lower Circuit-
Market Cap₹16,810.13Cr

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: ₹1005.05 per share as on 02 May, 2024 04:01 PM
Market Capitalisation: ₹16,810.13Cr as of today
Revenue: ₹1,845.60Cr as on March 2024 (Q1 24)
Net Profit: ₹272.98Cr as on March 2024 (Q1 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 Q4 Results Show Increase in Profit - 28 Apr, 2024

    Jai Balaji Industries reports an increase in profit for Q4 with revenue growth of 7.05% YoY and 19.92% QoQ. The EPS also saw a significant increase of 1653.62% YoY.

  • Jai Balaji Industries Reports Strong Financial Results for FY24 - 26 Apr, 2024

    Jai Balaji Industries reported a profit growth of 1,421% at Rs 879.57 crore for the year ended March 31, 2024, with its highest-ever gross sales of Rs 6,413.78 crore in FY24. The company's shares jumped from Rs 53.03 on April 25, 2023, to Rs 1086.95 on April 25, 2024, giving returns of 88.80% over the last six months and 1,998.94% over the last twelve months. Jai Balaji Industries is aiming to become net debt-free within the next fifteen months.

  • Jai Balaji Industries Posts Net Profit of Rs 273 Crore in Q4 FY24 - 25 Apr, 2024

    Jai Balaji Industries reported a standalone net profit of Rs 273 crore for Q4 FY24, compared to a loss of Rs 13 crore in the same period last year. Total income grew by 15% YoY to Rs 2002 crore, and EBIDTA stood at Rs 397 crore with a margin of 20%. The company's PAT for FY23-24 was Rs 880 crore, an increase of 1421% YoY jump over FY23.

  • Jai Balaji Industries ROE and Net Income Growth Impressive - 21 Apr, 2024

    Jai Balaji Industries' significantly high return on equity (ROE) and net income growth over the past five years could have a positive impact on its share price. The company's reinvestment of profits into the business at a high rate of return has led to impressive earnings growth.

  • Jai Balaji Industries Q3FY24 Net Profit Increases by 739% - 11 Apr, 2024

    Jai Balaji Industries' Q3FY24 net profit increased by 739% to Rs 235 crore, while revenue increased slightly from Rs 1,537 crore to Rs 1,539 crore.

Fundamentals of Jai Balaji Industries Ltd

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

    Profit Spike

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    Netprofit is up for the last 5 quarters, -13.08 Cr → 272.98 Cr (in ₹), with an average increase of 37.8% per 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 1586.6%

  • 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

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    Promoters have increased holdings from 60.80% to 62.80% in Apr 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

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    Revenue is up for the last 2 quarters, 1.56K Cr → 2.00K Cr (in ₹), with an average increase of 22.0% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

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    Foreign Institutions have decreased holdings from 3.05% to 2.90% in Apr 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

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    Retail Investor have decreased holdings from 36.07% to 34.23% in Apr 2024 quarter

Jai Balaji Industries Ltd Valuation

Jai Balaji Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-8.38x)

May 3, 2021

Today (18.41x)

April 30, 2024

Industry (26.15x)

April 30, 2024

Highest (34.09x)

February 29, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.37%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.37%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Smallcap 250 Index Fund Direct Growth0.37%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct GrowthICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth0.37%
HDFC Nifty Smallcap 250 Index Fund Direct GrowthHDFC Nifty Smallcap 250 Index Fund Direct Growth0.37%

Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
62.8%
3.29
Foreign Institutions
2.9%
-5.10
Mutual Funds
0.07%
-5.13
Retail Investors
34.23%
-5.10
Others
0%
0.00

Technicals of Jai Balaji Industries Ltd share

News & Events of Jai Balaji Industries Ltd

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Jai Balaji Industries Ltd (JAIBALAJI) share price today is ₹1005.05

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 ₹1069.
  • Today’s lowest price of Jai Balaji Industries Ltd is ₹994.

PE Ratio of Jai Balaji Industries Ltd is 18.41

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 94.57K.

Today’s market capitalisation of Jai Balaji Industries Ltd(JAIBALAJI) is ₹16810.13Cr.

Jai Balaji Industries Ltd(JAIBALAJIPrice
52 Week High
₹1314
52 Week Low
₹58

Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹1005.05. It is down -23.51% from its 52 Week High price of ₹1314

Jai Balaji Industries Ltd(JAIBALAJI) share price is ₹1005.05. It is up 1632.84% from its 52 Week Low price of ₹58

Jai Balaji Industries Ltd(JAIBALAJIReturns
1 Day Returns
-22.1%
1 Month Returns
12.95%
3 Month Returns
-4.24%
1 Year Returns
1586.62%