Jai Balaji Industries Limited (IN:JAIBALAJI)
:JAIBALAJI
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Jai Balaji Industries Limited
(JAIBALAJI)
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Rating:53Neutral
Price Target:
₹58.00
▼(-20.11% Downside)
Action:ReiteratedDate:03/12/26
The score is held back most by weak technicals (downtrend signals across MACD/RSI and key moving averages) and an expensive valuation (very high P/E with no dividend yield provided). Financial performance is moderate, supported by revenue growth and improving leverage, but pressured by declining net income and weaker free cash flow.
Positive Factors
Vertical integration
Jai Balaji's presence across the steel value chain (raw inputs to finished bars/rods) creates durable operational flexibility and internal sourcing advantages. Over months this reduces margin volatility from spot input swings, supports higher capacity utilisation, and helps capture value at multiple stages.
Negative Factors
Revenue contraction
Reported negative revenue growth signals weakening demand or lost volumes, which can depress capacity utilisation and fixed-cost absorption. If the decline persists over multiple quarters, it will strain margins and limit the company's ability to restore prior profit levels without structural demand recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Vertical integration
Jai Balaji's presence across the steel value chain (raw inputs to finished bars/rods) creates durable operational flexibility and internal sourcing advantages. Over months this reduces margin volatility from spot input swings, supports higher capacity utilisation, and helps capture value at multiple stages.
Read all positive factors
Jai Balaji Industries Limited (JAIBALAJI) vs. iShares MSCI India ETF (INDA)
Market Cap
₹52.76B
Dividend YieldN/A
Average Volume (3M)102.42K
Price to Earnings (P/E)139.0
Beta (1Y)1.26
Revenue Growth-13.11%
EPS Growth-69.18%
CountryIN
Employees4,431
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)0.13
Shares Outstanding912,251,400
10 Day Avg. Volume57,959
30 Day Avg. Volume102,420
Financial Highlights & Ratios
PEG Ratio-0.52
Price to Book (P/B)6.01
Price to Sales (P/S)2.01
P/FCF Ratio-274.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)10.6
Revenue Forecast (FY)₹92.40B
Jai Balaji Industries Limited Business Overview & Revenue Model
Company Description
Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. It provides sponge iron, pig iron, ductile iron pipe, ferro chrome, TMT, coke, and sinter, as well as ferro alloys, alloy and mild steel billets, re...
How the Company Makes Money
JAIBALAJI primarily makes money by manufacturing and selling iron and steel products to industrial and construction customers. Its key revenue streams typically include: (1) finished steel sales—products such as TMT bars, structural steel, and wir...
Jai Balaji Industries Limited Financial Statement Overview
Summary
Income Statement
70
Positive
Balance Sheet
65
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 57.86B | 63.51B | 64.14B | 61.25B | 46.93B | 27.85B |
| Gross Profit | 18.48B | 22.85B | 22.37B | 13.37B | 9.74B | 4.66B |
| EBITDA | 5.87B | 9.34B | 11.21B | 2.92B | 2.38B | 1.06B |
| Net Income | 2.93B | 5.58B | 8.80B | 578.24M | 480.65M | -758.22M |
Balance Sheet | ||||||
| Total Assets | 39.44B | 38.91B | 33.54B | 29.60B | 29.69B | 30.06B |
| Cash, Cash Equivalents and Short-Term Investments | 820.80M | 1.44B | 536.16M | 344.85M | 163.54M | 256.42M |
| Total Debt | 4.59B | 5.59B | 4.73B | 8.60B | 31.69B | 34.34B |
| Total Liabilities | 17.23B | 17.66B | 18.50B | 24.04B | 46.32B | 47.39B |
| Stockholders Equity | 22.22B | 21.25B | 15.04B | 5.56B | -16.63B | -17.33B |
Cash Flow | ||||||
| Free Cash Flow | 311.80M | -465.10M | 4.57B | 2.28B | 3.35B | 1.01B |
| Operating Cash Flow | 1.35B | 3.11B | 8.39B | 3.21B | 4.63B | 1.43B |
| Investing Cash Flow | -938.40M | -3.52B | -3.98B | -1.19B | -1.24B | -395.27M |
| Financing Cash Flow | -1.26B | 880.00M | -4.16B | -1.92B | -3.51B | -893.66M |
Jai Balaji Industries Limited Technical Analysis
Negative
72.60
Price Trends
65.31
Negative
67.58
Negative
86.81
Negative
Market Momentum
-2.37
Positive
43.10
Neutral
34.35
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JAIBALAJI, the sentiment is Negative. The current price of 72.6 is above the 20-day moving average (MA) of 60.67, above the 50-day MA of 65.31, and below the 200-day MA of 86.81, indicating a bearish trend. The MACD of -2.37 indicates Positive momentum. The RSI at 43.10 is Neutral, neither overbought nor oversold. The STOCH value of 34.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JAIBALAJI.
Jai Balaji Industries Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹122.05B | 10.37 | ― | 1.18% | -13.69% | -30.57% | |
68 Neutral | ₹80.92B | 7.74 | ― | 1.82% | 0.81% | -7.11% | |
67 Neutral | ₹27.62B | 13.58 | ― | 1.36% | -0.46% | 4.85% | |
62 Neutral | ₹41.88B | 20.39 | ― | 0.28% | 6.44% | 36.54% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | ₹122.98B | 46.09 | ― | 1.93% | -7.12% | -48.28% | |
53 Neutral | ₹52.76B | 139.02 | ― | ― | -13.11% | -69.18% |
* Basic Materials Sector Average
IN:JAIBALAJI
Jai Balaji Industries Limited
57.83
-68.67
-54.28%
IN:GRAPHITE
Graphite India Limited
629.45
176.11
38.85%
IN:JINDALSAW
Jindal Saw Limited
190.85
-52.39
-21.54%
IN:KSL
Kalyani Steels Ltd
632.75
-75.30
-10.63%
IN:MAHSEAMLES
Maharashtra Seamless Limited
603.95
-46.53
-7.15%
IN:SUNFLAG
Sunflag Iron & Steel Co. Ltd.
232.40
5.35
2.36%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.