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Jai Balaji Industries Ltd

JAIBALAJI

Jai Balaji Industries Ltd

JAIBALAJI
MaterialsIron & Steel
SmallcapWith a market cap of ₹19,076 cr, stock is ranked 352
High RiskStock is 3.31x as volatile as Nifty
1,045.552.69% (-28.85)
1,045.552.69% (-28.85)

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MaterialsIron & Steel
SmallcapWith a market cap of ₹19,076 cr, stock is ranked 352
High RiskStock is 3.31x as volatile as Nifty
Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

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MaterialsIron & Steel
SmallcapWith a market cap of ₹19,076 cr, stock is ranked 352
High RiskStock is 3.31x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
20.7812.68
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
30.763.471.33%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Jai Balaji Industries Limited is a steel producing company.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 16.29%, vs industry avg of 9.87%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.59% to 0.84%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,236.251,723.062,407.263,117.432,967.652,796.014,722.376,160.566,628.876,866.29
Raw Materialssubtract1,070.251,496.801,883.052,360.942,267.642,102.673,340.124,350.034,182.575,632.65
Power & Fuel Costsubtract66.0365.06128.00163.45162.68142.78177.33279.12272.69
Employee Costsubtract53.8558.6468.9181.8189.9988.70108.86128.78150.52
Selling & Administrative Expensessubtract51.2758.0870.1182.8872.1084.24179.80245.26280.53
Operating & Other expensessubtract137.76136.13372.58368.84290.01271.40678.07865.64621.20
Depreciation/Amortizationsubtract122.22117.56107.36101.6196.7993.9991.3297.9385.6286.46
Interest & Other Itemssubtract424.6846.4933.91111.59102.7888.0498.8088.8872.5267.11
Taxes & Other Itemssubtract0.000.000.000.000.000.000.0047.1083.65162.12
EPS-91.03-31.17-28.10-15.95-11.06-6.864.354.5256.9156.09
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Jai Balaji Industries Ltd21.6912.68
JSW Steel Ltd27.593.050.92%
Tata Steel Ltd-41.511.992.44%
Jindal Steel And Power Ltd15.812.100.21%

Price Comparison

Compare JAIBALAJI with any stock or ETF
Compare JAIBALAJI with any stock or ETF
JAIBALAJI
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Shareholdings

Promoter Holdings Trend

Increased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has increased by 4.04%

High Pledged Promoter Holding

Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding64.84%0.09%0.00%3.01%32.06%

Apr 2024

Jun 2024

Jul 2024

Sep 2024

Shareholding History

Dec '23MarAprJunJulSep2.57%3.05%2.90%2.92%2.87%3.01%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Jai Balaji Industries Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan

Growth
0.0658%0.80%0.80%274/309 (+6)
Motilal Oswal Quant Fund - Growth - Direct Plan

Growth
0.0084%1.08%-0.14%47/138 (+17)
Motilal Oswal Nifty 500 Index Fund - Growth - Direct Plan

Growth
0.0014%0.01%-0.01%527/532 (-27)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

JAIBALAJI has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 15, 2011

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Sep 15, 2011

Cash Dividend

Ex DateEx DateSep 16, 2010

Final
Final | Div/Share: ₹0.40

Dividend/Share

0.40

Ex DateEx Date

Sep 16, 2010

News & Opinions
Corporate
Jai Balaji Industries announces board meeting date

Jai Balaji Industries will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

1 day agoCapital Market - Live
Corporate
Jai Balaji Industries receives affirmation in credit rating

Jai Balaji Industries has received affirmation in credit rating from CRISIL as under: Total bank facilities rated - Rs 995 crore Long term rating - CRISIL BBB/ Stable Short term rating - CRISIL A3+ Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Jai Balaji Industries receives upgrade in credit ratings from CRISIL

Jai Balaji Industries announced that CRISIL has upgraded the credit ratings on bank facilities (Rs 865 crore) of the company to CRISIL BBB; Stable/ CRISIL A3+ from CRISIL BBB-; Stable / CRISIL A3. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Jai Balaji Industries to hold AGM

Jai Balaji Industries announced that the Annual General Meeting (AGM) of the company will be held on 13 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Jai Balaji Industries consolidated net profit rises 22.53% in the June 2024 quarter

3 months agoBusiness Standard
Earnings
Jai Balaji Industries consolidated net profit rises 22.53% in the June 2024 quarter

Net profit of Jai Balaji Industries rose 22.53% to Rs 208.82 crore in the quarter ended June 2024 as against Rs 170.43 crore during the previous quarter ended June 2023. Sales rose 15.90% to Rs 1718.31 crore in the quarter ended June 2024 as against Rs 1482.56 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1718.311482.56 16 OPM %18.3813.84 - PBDT309.52191.82 61 PBT287.29170.43 69 NP208.82170.43 23 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Jai Balaji Industries to discuss results

Jai Balaji Industries will hold a meeting of the Board of Directors of the Company on 29 July 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Jai Balaji aims 25% growth in sales, to turn debt-free in 15 months

3 months agoEconomic Times

Jai Balaji Industries allots 50 lakh equity shares on conversion of warrants

4 months agoBusiness Standard

Jai Balaji Industries Shares Jumped 13 Times This Year — Multibagger Stock

10 months agoBloomberg Quint