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Jai Balaji Inds.

  • Market Cap: Mid Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE091G01026
  • NSEID: JAIBALAJI
  • BSEID: 532976
INR
131.30
4.55 (3.59%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 3.81 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

3.81 lacs (44.46%) Volume

Shareholding (Dec 2024)

FII

3.23%

Held by 84 FIIs

DII

0.10%

Held by 1 DIIs

Promoter

64.84%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Negative results in Dec 24

  • PBT LESS OI(Q) At Rs 152.11 cr has Fallen at -27.96%
  • PAT(Q) At Rs 120.42 cr has Fallen at -48.7%
  • DEBTORS TURNOVER RATIO(HY) Lowest at 22.14 times
2

Stock is technically in a Bearish range

3

26.02% of Promoter Shares are Pledged

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 11,978 Cr (Mid Cap)

stock-summary
P/E

15.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.18

stock-summary
Return on Equity

45.09%

stock-summary
Price to Book

6.00

Revenue and Profits (1 Year):
Net Sales:
1,486 Cr
(Quarterly Results - Dec 2024)
Net Profit:
120 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-42.47%
0%
-42.47%
1 Year
-38.42%
0%
-38.42%
2 Years
1243.36%
0%
1243.36%
3 Years
1064.01%
0%
1064.01%
4 Years
1650.67%
0%
1650.67%
5 Years
2884.09%
0%
2884.09%

Latest dividend: 0.4 per share ex-dividend date: Sep-15-2011

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
17.20%
EBIT Growth (5y)
84.66%
EBIT to Interest (avg)
4.85
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.78
Tax Ratio
26.40%
Dividend Payout Ratio
0
Pledged Shares
26.02%
Institutional Holding
3.33%
ROCE (avg)
14.04%
ROE (avg)
28.10%
Valuation key factors
Factor
Value
P/E Ratio
15
Industry P/E
29
Price to Book Value
6.00
EV to EBIT
13.47
EV to EBITDA
12.22
EV to Capital Employed
5.24
EV to Sales
1.80
PEG Ratio
1.28
Dividend Yield
NA
ROCE (Latest)
41.47%
ROE (Latest)
45.09%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

26.0196

Mutual Funds

Held by 4 Schemes (0.08%)

FIIs

Held by 84 FIIs (3.23%)

Promoter with highest holding

Hariaksh Industries Private Limited (17.54%)

Highest Public shareholder

Mahananda Securities Limited (5.1%)

Individual Investors Holdings

8.43%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -3.42% vs 0.13% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -48.67% vs 740.56% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,486.39",
          "val2": "1,538.99",
          "chgp": "-3.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "189.90",
          "val2": "246.80",
          "chgp": "-23.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "14.86",
          "val2": "15.00",
          "chgp": "-0.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "120.42",
          "val2": "234.60",
          "chgp": "-48.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.78%",
          "val2": "16.04%",
          "chgp": "-3.26%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 8.11% vs 5.76% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -2.69% vs 765.27% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,274.88",
          "val2": "3,029.19",
          "chgp": "8.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "543.98",
          "val2": "418.66",
          "chgp": "29.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "30.72",
          "val2": "39.91",
          "chgp": "-23.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "361.98",
          "val2": "371.98",
          "chgp": "-2.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.61%",
          "val2": "13.82%",
          "chgp": "2.79%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 4.23% vs 3.80% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -20.47% vs 755.54% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,761.27",
          "val2": "4,568.18",
          "chgp": "4.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "733.88",
          "val2": "665.46",
          "chgp": "10.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "45.58",
          "val2": "54.91",
          "chgp": "-16.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "482.40",
          "val2": "606.58",
          "chgp": "-20.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.41%",
          "val2": "14.57%",
          "chgp": "0.84%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 4.71% vs 31.91% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 1,420.94% vs 20.33% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "6,413.78",
          "val2": "6,125.07",
          "chgp": "4.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "906.26",
          "val2": "256.25",
          "chgp": "253.66%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "72.52",
          "val2": "88.88",
          "chgp": "-18.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "879.56",
          "val2": "57.83",
          "chgp": "1,420.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.13%",
          "val2": "4.18%",
          "chgp": "9.95%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,486.39
1,538.99
-3.42%
Operating Profit (PBDIT) excl Other Income
189.90
246.80
-23.06%
Interest
14.86
15.00
-0.93%
Exceptional Items
0.00
0.00
Consolidate Net Profit
120.42
234.60
-48.67%
Operating Profit Margin (Excl OI)
12.78%
16.04%
-3.26%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -3.42% vs 0.13% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -48.67% vs 740.56% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
3,274.88
3,029.19
8.11%
Operating Profit (PBDIT) excl Other Income
543.98
418.66
29.93%
Interest
30.72
39.91
-23.03%
Exceptional Items
0.00
0.00
Consolidate Net Profit
361.98
371.98
-2.69%
Operating Profit Margin (Excl OI)
16.61%
13.82%
2.79%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 8.11% vs 5.76% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -2.69% vs 765.27% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
4,761.27
4,568.18
4.23%
Operating Profit (PBDIT) excl Other Income
733.88
665.46
10.28%
Interest
45.58
54.91
-16.99%
Exceptional Items
0.00
0.00
Consolidate Net Profit
482.40
606.58
-20.47%
Operating Profit Margin (Excl OI)
15.41%
14.57%
0.84%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 4.23% vs 3.80% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -20.47% vs 755.54% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
6,413.78
6,125.07
4.71%
Operating Profit (PBDIT) excl Other Income
906.26
256.25
253.66%
Interest
72.52
88.88
-18.41%
Exceptional Items
0.00
0.00
Consolidate Net Profit
879.56
57.83
1,420.94%
Operating Profit Margin (Excl OI)
14.13%
4.18%
9.95%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 4.71% vs 31.91% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 1,420.94% vs 20.33% in Mar 2023

stock-summaryCompany CV
About Jai Balaji Industries Ltd stock-summary
stock-summary
Jai Balaji Industries Ltd
Mid Cap
Steel/Sponge Iron/Pig Iron
Jai Balaji Industries Limited, the flagship company of Jai Balaji Group is one of the largest steel producers in the private sector in Eastern India. The Company is an integrated steel manufacturer. The Company is primarily engaged in business of manufacturing of Iron and Steel products including Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke and Sinter with captive power plant.
Company Coordinates stock-summary
Company Details
5 Bentinck Street, 1st Floor Kolkata West Bengal : 700001
stock-summary
Tel: 91-33-22489808
stock-summary
jaibalaji@jaibalajigroup.com
Registrar Details
Maheshwari Datamatics Pvt Ltd , 6 Mangoe Lane , 2nd Floor, Calcutta