āagman

Not investment advice. Data and computed figures, for information only.

Jai Balaji Industries Ltd

NSE: JAIBALAJI
₹74.91
+₹5.54 (+7.99%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2025
Market Cap
₹6,240 Cr
CMP
₹74.91
52-wk High / Low
₹98 / 54
P/E
21.3
P/B
2.8
Book Value
₹24.4
Div Yield
0.00%
ROCE
36.0%
ROE
30.7%
Face Value
₹2
D/E
0.26

Price−38.1% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
2
/ 9
2 of 9 F-score tests passed
Graham Number
₹58
√(22.5 × EPS × book value per share)
ROIC
1.7%
vs 10.6% sector median
Cash flow to profit
11.96
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−932
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
30.7%
ROE × earnings retention ratio
ROE stability
20.0
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.22DII −0.01
Latest quarter vs the previous one
Cash-accrual divergence
−21.1%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 87.0% since FY2016 (3528 to 459)
+Price trades above its 200-day moving average (1.0x)
+Promoter holding rose by 8.9pp over the last year
+FII holding rose by 2.8pp over the last year
Watch-outs
−Annualised volatility of 53.8% is in the high band (≥45%)
−Piotroski F-Score of 2/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Sep 2025
Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales1,3691,5371,7241,4831,5471,5391,8461,7181,5571,4861,5901,3571,353
Expenses1,3071,4671,6611,2771,3331,2921,6051,4031,3281,2961,4571,2301,281
Operating Profit63706320521324724131622819013312772
OPM %4.6%4.6%3.7%13.8%13.8%16.0%13.1%18.4%14.6%12.8%8.4%9.4%5.3%
Other Income522182823156102218191613
Interest22202621191518161515171815
Depreciation25252521212123222223263131
Profit before tax2128341702022353572872131701089540
Net Profit2128−13170202235273209153120757126
EPS (₹)0.330.38−0.182.192.512.923.342.351.681.320.830.770.29

Profit & Loss

As of 30 Sep 2025
Consolidated · ₹ Cr · 13 years + TTM
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025TTM
Sales1,9721,5061,2201,7022,3893,0772,9122,7854,6446,1256,4146,351—5,786
Expenses1,9461,5371,3791,8152,4823,0542,8762,6894,4355,7955,4855,484—5,265
Operating Profit26−31−159−113−93243696209330929867—522
OPM %1.3%−2.1%−13.0%−6.6%−3.9%0.8%1.2%3.4%4.5%5.4%14.5%13.7%—9.0%
Other Income23321621−2236491029−3819368—66
Interest34538442546341121038899897363—64
Depreciation143134122118107102979491988694—111
Profit before tax−440−518−690−256−257−154−114−7648105963778—412
Net Profit−333−406−690−256−257−154−114−764858880558—293
EPS (₹)−9.90−11.01−17.74−5.93−5.33−3.19−2.07−1.370.870.7910.756.12—3.21

Balance Sheet

As of 30 Sep 2025
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025Sep 2025
Equity Capital677478869696110110110145164182182—
Reserves154−269−955−1,322−1,523−1,676−1,768−1,844−1,7734111,3401,9422,039—
Borrowings2,6783,0763,5283,6023,5103,6383,4643,4343,169860473559459—
Other Liabilities1,2201,2121,2831,1621,1541,1451,1731,3061,4631,5431,3781,2071,264—
Total Liabilities4,1204,0933,9333,5283,2383,2042,9793,0062,9692,9603,3543,8913,944—
Fixed Assets1,9531,8091,6911,5831,4091,3241,2381,1811,1651,1321,3821,6141,591—
CWIP12912713013411979981025269116129191—
Investments2222111111111—
Other Assets2,0362,1552,1101,8091,7091,8001,6421,7221,7511,7581,8562,1472,162—
Total Assets4,1204,0933,9333,5283,2383,2042,9793,0062,9692,9603,3543,8913,944—

Cash Flows

As of 31 Mar 2025
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity−33−61−174−1046640291154463321839311
Cash from Investing Activity1932426−127−37−40−124−119−398−352
Cash from Financing Activity74315878−48−48−250−100−351−192−41688
Net Cash Flow−814−11050415−12102447

Ratios

As of 31 Mar 2025
12 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
ROCE %−3.0−5.0−10.0−8.0−8.0−2.00.01.09.018.062.036.0
ROE %———————————30.7
EPS (₹)−9.90−11.01−17.74−5.93−5.33−3.19−2.07−1.370.870.7910.756.12
Book Value (₹)———————————24.4
Face Value (₹)———————————2
P/E———————————21.3
Div Yield %———————————0.00
NPM %−16.7−26.4−55.8−14.9−10.9−4.9−3.9−2.71.01.013.38.7
OPM %1.3−2.1−13.0−7.0−3.90.81.23.54.55.014.014.0
D/E12.12————————1.550.310.26
P/B———————————2.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+15.0%
5 years+17.0%
3 years+11.0%
TTM−13.0%
Compounded profit growth
10 years+13.0%
5 years+48.0%
3 years+126.0%
TTM−66.0%
Stock price CAGR
10 years+40.0%
5 years+44.0%
3 years−14.0%
Last year−30.0%
Return on equity
Last year31.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters65.13%65.13%58.41%58.41%50.98%50.98%50.98%55.90%60.80%64.84%64.84%64.84%
FIIs3.61%3.61%3.16%3.16%2.75%2.75%3.47%0.00%3.05%3.56%3.00%2.78%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.07%0.11%0.11%0.10%
Government————————————
Public31.25%31.25%38.43%38.43%46.27%46.27%45.56%44.09%36.07%31.50%32.04%32.27%
No. of shareholders9,2089,2088,8447,7577,2137,10712,05513,58821,49930,20748,10547,451
Change since Jun 2023 (pp)
Promoters −0.29FIIs −0.83DIIs +0.10Public +1.02

Documents

As of 11 Oct 2026
Announcements
Disclosure Of ESG Rating Under Regulation 30 Of SEBI (LODR) Regulations, 2015Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportClosure of Trading WindowShareholder Meeting / Postal Ballot-Outcome of AGMAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2025TranscriptMay 2025PPTMar 2025PPTNov 2024TranscriptNov 2024PPTAug 2024TranscriptAug 2024PPT

Corporate actions

As of 17 Jan 2025
17 Jan 2025SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share10 : 2
15 Sep 2011DIVIDENDAnnual General Meeting And Dividend Re.0.40 Per Share—
16 Sep 2010DIVIDENDAnnual General Meeting And Dividend Re.0.40 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman