About
Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. The company provides TMT bars, cement, sponge iron, pig iron, ductile iron pipe, ferro chrome, billet, coke, sinter, manganese, ductile iron pipes, and alloy carbon and mild steel billets and rounds. It also offers steel bars/rods, ferro alloys, MS ingots, and coke/coke fines/nut coke, and sinter, as well as generates power. The company offers its TMT bars under the Balaji Shakti brand name. It also exports its products. The company was incorporated in 1999 and is based in Kolkata, India.
Key Metrics
as of Sep 2026Market Cap6,354 Cr
P/E21.70
Div Yield0.00 %
Book Value₹24.40
52w High₹108.00
52w Low₹53.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,683.00 | 1,745.00 | 1,329.00 | 1,353.00 | 1,357.00 | 1,590.00 | 1,486.00 | 1,557.00 | 1,718.00 | 1,846.00 | 1,539.00 | 1,547.00 | 1,483.00 |
| Expenses | 1,531.00 | 1,653.00 | 1,274.00 | 1,281.00 | 1,230.00 | 1,457.00 | 1,296.00 | 1,328.00 | 1,403.00 | 1,605.00 | 1,292.00 | 1,333.00 | 1,277.00 |
| Operating Profit | 151.00 | 92.00 | 54.00 | 72.00 | 127.00 | 133.00 | 190.00 | 228.00 | 316.00 | 241.00 | 247.00 | 213.00 | 205.00 |
| OPM % | 9.00 | 5.00 | 4.10 | 5.00 | 9.00 | 8.00 | 13.00 | 15.00 | 18.00 | 13.00 | 16.00 | 14.00 | 14.00 |
| Other Income | 3.00 | 0.00 | 8.00 | 13.00 | 16.00 | 19.00 | 18.00 | 22.00 | 10.00 | 156.00 | 23.00 | 28.00 | 8.00 |
| Depreciation | 32.00 | 32.00 | 32.00 | 31.00 | 31.00 | 26.00 | 23.00 | 22.00 | 22.00 | 23.00 | 21.00 | 21.00 | 21.00 |
| Interest | 14.00 | 18.00 | 16.00 | 15.00 | 18.00 | 17.00 | 15.00 | 15.00 | 16.00 | 18.00 | 15.00 | 19.00 | 21.00 |
| Profit before tax | 109.00 | 42.00 | 15.00 | 40.00 | 95.00 | 108.00 | 170.00 | 213.00 | 287.00 | 357.00 | 235.00 | 202.00 | 170.00 |
| Tax % | 22.00 | 50.00 | 21.00 | 33.00 | 25.00 | 30.00 | 29.00 | 28.00 | 27.00 | 23.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 85.00 | 21.00 | 12.00 | 26.00 | 71.00 | 75.00 | 120.00 | 153.00 | 209.00 | 273.00 | 235.00 | 202.00 | 170.00 |
| EPS in Rs | 0.93 | 0.23 | 0.13 | 0.29 | 0.77 | 0.83 | 1.32 | 1.68 | 2.35 | 3.34 | 2.92 | 2.51 | 2.19 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,784.00 | 6,351.00 | 6,414.00 | 6,125.00 | 4,644.00 | 2,785.00 | 2,912.00 | 3,077.00 | 2,389.00 | 1,564.00 | 1,213.00 | 1,478.00 |
| Expenses | 5,435.00 | 5,484.00 | 5,485.00 | 5,795.00 | 4,435.00 | 2,689.00 | 2,876.00 | 3,054.00 | 2,482.00 | 1,664.00 | 1,365.00 | 1,498.00 |
| Operating Profit | 350.00 | 867.00 | 929.00 | 330.00 | 209.00 | 96.00 | 36.00 | 24.00 | -93.00 | -100.00 | -152.00 | -20.00 |
| OPM % | 6.00 | 14.00 | 14.00 | 5.00 | 4.50 | 3.50 | 1.20 | 0.80 | -3.90 | -6.00 | -13.00 | -1.40 |
| Other Income | 33.00 | 68.00 | 193.00 | -38.00 | 29.00 | 10.00 | 49.00 | 36.00 | -22.00 | 21.00 | 16.00 | 31.00 |
| Interest | 66.00 | 63.00 | 73.00 | 89.00 | 99.00 | 88.00 | 103.00 | 112.00 | 34.00 | 45.00 | 414.00 | 375.00 |
| Depreciation | 125.00 | 94.00 | 86.00 | 98.00 | 91.00 | 94.00 | 97.00 | 102.00 | 107.00 | 112.00 | 116.00 | 126.00 |
| Profit before tax | 192.00 | 778.00 | 963.00 | 105.00 | 48.00 | -76.00 | -114.00 | -154.00 | -257.00 | -236.00 | -666.00 | -490.00 |
| Tax % | 32.00 | 28.00 | 9.00 | 45.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -21.00 |
| Net Profit | 130.00 | 558.00 | 880.00 | 58.00 | 48.00 | -76.00 | -114.00 | -154.00 | -257.00 | -236.00 | -666.00 | -386.00 |
| EPS in Rs | 1.42 | 6.12 | 10.75 | 0.79 | 0.87 | -1.37 | -2.07 | -3.19 | -5.33 | -5.47 | -17.13 | -10.47 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 182.00 | 182.00 | 164.00 | 145.00 | 110.00 | 110.00 | 110.00 | 96.00 | 96.00 | 86.00 | 78.00 | 74.00 |
| Reserves | 2,075.00 | 1,942.00 | 1,340.00 | 411.00 | -1,773.00 | -1,843.00 | -1,768.00 | -1,676.00 | -1,523.00 | -1,268.00 | -916.00 | -255.00 |
| Borrowings | 417.00 | 559.00 | 473.00 | 860.00 | 3,169.00 | 3,434.00 | 3,464.00 | 3,638.00 | 3,510.00 | 3,492.00 | 3,415.00 | 2,981.00 |
| Other Liabilities | 1,403.00 | 1,207.00 | 1,378.00 | 1,543.00 | 1,463.00 | 1,306.00 | 1,173.00 | 1,145.00 | 1,154.00 | 1,097.00 | 1,229.00 | 1,175.00 |
| Total Liabilities | 4,077.00 | 3,891.00 | 3,354.00 | 2,960.00 | 2,969.00 | 3,006.00 | 2,979.00 | 3,204.00 | 3,238.00 | 3,407.00 | 3,805.00 | 3,974.00 |
| Fixed Assets | 1,573.00 | 1,614.00 | 1,382.00 | 1,132.00 | 1,165.00 | 1,181.00 | 1,238.00 | 1,324.00 | 1,409.00 | 1,486.00 | 1,588.00 | 1,700.00 |
| CWIP | 294.00 | 129.00 | 116.00 | 69.00 | 52.00 | 102.00 | 98.00 | 79.00 | 119.00 | 121.00 | 115.00 | 112.00 |
| Investments | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 79.00 | 81.00 | 81.00 |
| Other Assets | 2,209.00 | 2,147.00 | 1,856.00 | 1,758.00 | 1,751.00 | 1,722.00 | 1,642.00 | 1,800.00 | 1,709.00 | 1,722.00 | 2,020.00 | 2,081.00 |
| Total Assets | 4,077.00 | 3,891.00 | 3,354.00 | 2,960.00 | 2,969.00 | 3,006.00 | 2,979.00 | 3,204.00 | 3,238.00 | 3,407.00 | 3,805.00 | 3,974.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 358.00 | 311.00 | 839.00 | 321.00 | 463.00 | 143.00 | 291.00 | 40.00 | 66.00 | -104.00 | -172.00 | -62.00 |
| Cash from Investing Activity | -242.00 | -352.00 | -398.00 | -119.00 | -124.00 | -40.00 | -37.00 | 7.00 | -12.00 | 25.00 | 4.00 | 32.00 |
| Cash from Financing Activity | -209.00 | 88.00 | -416.00 | -192.00 | -351.00 | -89.00 | -250.00 | -48.00 | -48.00 | 76.00 | 157.00 | 43.00 |
| Net Cash Flow | -93.00 | 47.00 | 24.00 | 10.00 | -12.00 | 15.00 | 4.00 | 0.00 | 5.00 | -2.00 | -11.00 | 13.00 |
| Free Cash Flow | 115.00 | -43.00 | 459.00 | 229.00 | 336.00 | 102.00 | 254.00 | 48.00 | 34.00 | -101.00 | -186.00 | -68.00 |
| CFO/OP % | 102.00 | 36.00 | 90.00 | 99.00 | 223.00 | 149.00 | 816.00 | 174.00 | -69.00 | 103.00 | 114.00 | 309.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21.00 | 25.00 | 14.00 | 14.00 | 12.00 | 32.00 | 36.00 | 47.00 | 61.00 | 114.00 | 220.00 | 188.00 |
| Inventory Days | 125.00 | 112.00 | 84.00 | 70.00 | 83.00 | 123.00 | 94.00 | 75.00 | 94.00 | 120.00 | 167.00 | 154.00 |
| Days Payable | 73.00 | 64.00 | 77.00 | 76.00 | 90.00 | 132.00 | 112.00 | 102.00 | 123.00 | 161.00 | 269.00 | 276.00 |
| Cash Conversion Cycle | 74.00 | 73.00 | 21.00 | 7.00 | 6.00 | 23.00 | 17.00 | 20.00 | 32.00 | 72.00 | 118.00 | 66.00 |
| Working Capital Days | 22.00 | 17.00 | -5.00 | -25.00 | -218.00 | -378.00 | -345.00 | -211.00 | -503.00 | -750.00 | -240.00 | -136.00 |
| ROCE % | 10.00 | 36.00 | 62.00 | 18.00 | 9.00 | 1.00 | 0.00 | -2.00 | -8.00 | -8.00 | -9.00 | -4.00 |
Corporate Actions
23 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Split | 17 Jan 2025 | 17 Jan 2025 | 10:2 | — | |
| Other | 06 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 14 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 21 Oct 2020 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 06 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 09 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 18 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 05 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 11 Dec 2012 | — | — | — | Annual General Meeting |
| Dividend | 15 Sep 2011 | — | — | 0.40 | |
| Dividend | 16 Sep 2010 | — | — | 0.40 | |
| Dividend | 03 Sep 2009 | — | — | 0.40 | |
| Dividend | 11 Sep 2008 | — | — | 1.00 | NSE/BSE dividend mismatch: NSE=0.2; BSE=1.0 |
| Dividend | 11 Sep 2008 | — | — | 0.20 | NSE/BSE dividend mismatch: NSE=0.2; BSE=1.0 |
| Dividend | 21 Sep 2007 | — | — | 0.17 | |
| Other | 19 Sep 2006 | — | — | — | Agm |
| Dividend | 25 May 2006 | 26 May 2006 | — | 0.25 | |
| Dividend | 22 Sep 2005 | — | — | 1.20 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update12 Jan from crisil
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Rating update31 Jul 2025 from crisil
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Rating update25 Oct 2024 from crisil
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Rating update30 Sep 2024 from crisil
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Rating update16 Feb 2024 from crisil
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Rating update31 Jan 2024 from crisil