J

Jai Balaji Industries Limited

JAIBALAJINSE
Market snapshot · 2026-08-11 02:36 UTC

68.54

+₹2.93 (+4.47%)

MARKET CAP

₹6.25K Cr

STOCK P/E

46.3x

52W HIGH

₹109.72

52W LOW

₹53.65

BOOK VALUE

₹24.30

EPS

₹1.48

ROE

5.93%

SECTOR

Materials

DEBT/EQUITY

18.46

VOLUME

10.83L

P/B RATIO

2.82x

PEG RATIO

Sector

Materials

Themes

Iron & Steel
₹103.26₹91.49₹79.72₹67.95₹56.18VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Jai Balaji Industries is an Indian iron and steel manufacturer. Its revenue spans TMT bars under Balaji Shakti, sponge and pig iron, billets, ferro alloys, ductile iron pipes, coke, sinter, and power generation. It also exports these products, but no major recent development provides a clear operating catalyst. Revenue declined 8.9% year-on-year, while profit fell 76.7%, indicating broad earnings pressure across its steel chain. ROE is only 5.9%, while declining margins and debt-to-equity of 18.45 suggest severe leverage impact on shareholder returns. The company’s integrated products, including billets, coke, sinter, and power, may support cost control, but current results show limited conversion into profitability. At 46.2 times earnings, the stock appears rich relative to weak growth and falling profits. The key open question is whether deleveraging and margin recovery can justify the premium valuation.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for JAIBALAJI.

1.00 analysts

Price Forecast

Current
₹68.54
High Target
₹133.00
▲ +94.0%
Median Target
₹133.00
▲ +94.0%
Low Target
₹133.00
▲ +94.0%
Now₹68.54High ₹133.00Median ₹133.00Low ₹133.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
1 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹51.92 - ₹97.8580%
6M₹47.35 - ₹116.0380%
12M₹42.52 - ₹151.0880%
Realized vol: +49.5% · Drift: +27.9%

Revenue Forecast

₹ Cr
Mar '26Current₹1,745.0
Sep 2026 ETrend estimate range
High₹1,393.4Base₹1,290.2Low₹1,187.0
Jun '25: ₹1,357.0 · Sep '25: ₹1,353.0 · Dec '25: ₹1,329.0 · Mar '26: ₹1,745.0 · Sep '26: ₹1,290.2 · Dec '26: ₹1,267.3
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E1,357.01,353.01,329.01,745.01,290.21,267.3
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹0.23
Sep 2026 ETrend estimate range
High₹0.23Base₹0.20Low₹0.18
Jun '25: ₹0.77 · Sep '25: ₹0.29 · Dec '25: ₹0.13 · Mar '26: ₹0.23 · Sep '26: ₹0.20 · Dec '26: ₹0.09
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E0.770.290.130.230.200.09
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
50%
Analyst Consensus
Unavailable

From 1 analysts

Mean upside+94.0%

Fundamentals

Weakening

Fundamentals institutional score is 18 using EVA spread proxy -6.1%; growth durability 21.5.

Valuation

Attractive relative to peers

Valuation institutional score is 75 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 100 using mean target upside 94.0%; dispersion penalty 0; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 15 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Unavailable

This data source has not been supplied for the decision payload.

Signal Summary

Market intelligence remains Mixed. valuation and analyst consensus provide support, while fundamentals and technical structure remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Attractive relative to peersAnalyst Consensus PositiveTechnical Structure Weak Structure

Key Data Points

Mean Target Price133 target
Mean Upside+94.0%
Technical Score15%
Fundamental Score18%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 42.0% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.11). Confidence: 58%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Strongly Undervalued

5Y Average

56.29

Current

46.31

Overvalued

123.19

Undervalued

49.17

EV/EBITDA
Undervalued

5Y Average

23.38

Current

19.24

Overvalued

37.05

Undervalued

3.05

P/B
Strongly Undervalued

5Y Average

3.53

Current

2.82

Overvalued

4.43

Undervalued

2.78

Peers & Comparison

Sector: Materials · Theme: Iron & Steel

Iron & Steel Peers8 peers
Avg P/E: 238.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
BANSAL WIRE INDUSTRIES L
BANSALWIREIron & Steel
+24.4%3.2%
35.6x
Undervalued
-85% vs avg
-9.1%
LLOYDS ENTERPRISES LTD
LLOYDSENTIron & Steel
+47.1%16.1%
46.4x
Undervalued
-81% vs avg
+16.4%
AEROFLEX INDUSTRIES LTD
AEROFLEXIron & Steel
+72.4%13.4%
81.5x
Undervalued
-66% vs avg
+132.5%
JAYASWAL NECO INDUSTR LTD
JAYNECOINDIron & Steel
+27.7%7.4%
15.7x
Undervalued
-93% vs avg
+70.9%
GODAWARI POW & ISP LTD
GPILIron & Steel
+34.8%13.9%
18.9x
Undervalued
-92% vs avg
+22.4%
GALLANTT ISPAT LIMITED
GALLANTTIron & Steel
11.1%
29.5x
Undervalued
-88% vs avg
-21.9%
KIOCL LIMITED
KIOCLIron & Steel
-10.6%2.7%
1455.9x
Premium
+511% vs avg
+14.4%
NMDC STEEL LIMITED
NSLNISPIron & Steel
+36.7%0.4%
223.3x
Fair
-6% vs avg
+21.5%
WHY THESE PEERS

JAI BALAJI INDUSTRIES LTD trades at a discount (48.3x vs peer avg 238.3x), suggesting potential undervaluation relative to the Iron & Steel cohort. Peers include BANSAL WIRE INDUSTRIES L, LLOYDS ENTERPRISES LTD, AEROFLEX INDUSTRIES LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.75K CrMar 2026

Latest net profit

₹21 CrMar 2026

Latest EPS

₹0.23Mar 2026

Net margin

5.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%3.0%6.0%9.0%12.0%0.00 Cr450 Cr900 Cr1.35K Cr1.80K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr450 Cr900 Cr1.35K Cr1.80K Cr₹0₹0₹1₹1₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr450 Cr900 Cr1.35K Cr1.80K Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.50K Cr0.00 Cr1.50K Cr3.00K Cr4.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +1,7241,4831,5471,5391,8461,7181,5571,4861,5901,3571,3531,3291,745
Expenses +1,6611,2771,3331,2921,6051,4031,3281,2961,4571,2301,2811,2741,653
Operating Profit63205213247241316228190133127725492
OPM %3.7%14%14%16%13%18%15%13%8%9%5%4.1%5%
Other Income +21828231561022181916138-0
Interest26211915181615151718151618
Depreciation25212121232222232631313232
Profit before tax3417020223535728721317010895401542
Tax %138%0%0%0%23%27%28%29%30%25%33%21%50%
Net Profit +-131702022352732091531207571261221
EPS in Rs-0.182.192.512.923.342.351.681.320.830.770.290.130.23
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +64.84%64.84%64.84%64.84%64.84%
FIIs +3.63%3.48%3.70%3.00%2.78%
DIIs +0.11%0.12%0.12%0.11%0.10%
Public +31.41%31.56%31.34%32.04%32.27%
Others0.01%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Board Meeting Intimation for To Consider, Approve And Take On Record Un-Audited Financial Results Of The Company For The First Quarter Ended 30Th June, 2026 And Other Business Matters.

Aug 08, 2026PDFCompany Reports Open

Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015

Jul 01, 2026PDFCompany Reports Open

Closure of Trading Window

Jun 22, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Jun 16, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jun 13, 2026PDFCompany Reports Open