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Jai Balaji Industries Ltd
NSE:JAIBALAJI

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Jai Balaji Industries Ltd Logo
Jai Balaji Industries Ltd
NSE:JAIBALAJI
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Price: 57.89 INR -0.99% Market Closed
Market Cap: ₹52.8B

Jai Balaji Industries Ltd
Investor Relations

Jai Balaji Industries Ltd. weaves a fascinating narrative within the tapestry of India's robust infrastructure sector. Emerging from the heart of Kolkata, it has established itself as a pivotal player in the production of steel and iron products, essential commodities for the nation's burgeoning construction and manufacturing industries. The company's operations are spread across several manufacturing units, which boast an impressive portfolio of products, such as pig iron, sponge iron, ferro alloys, and a variety of rolling products like billets, TMT bars, and wire rods. These facilities ensure a comprehensive production cycle, from raw material processing to the final output, allowing Jai Balaji to maintain a strong grip on quality control and cost efficiency. This vertical integration serves as a cornerstone of its business model, enabling it to deliver consistent value to clients across the infrastructure continuum.

At the heart of Jai Balaji's financial blueprint is its strategic alignment with India's infrastructure boom, which fuels the demand for its steel products. Capitalizing on the country's accelerated urbanization and ambitious projects like highway expansions and residential developments, the company navigates the market with a keen focus on scalability and operational excellence. Jai Balaji generates revenue by supplying its diverse product line to a wide array of sectors, including real estate, infrastructure, and industrial machinery. It leverages long-term contracts and an extensive distribution network to solidify its presence across India and tap into burgeoning international markets. By continuously enhancing its production capabilities and adhering to stringent quality standards, Jai Balaji Industries not only sustains its competitive edge but also remains a crucial cog in the wheel of India's industrial growth narrative.

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JAIBALAJI
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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
May 14, 2025
AI Summary
Q4 2025

Revenue Guidance: Management is guiding for revenue growth of 25% to 30% in FY '26 after a muted FY '25.

EBITDA Margin Target: EBITDA margin is expected to improve to 16%–17% in FY '26, up from 14% in FY '25.

DI Pipes Production: DI Pipe production is targeted to exceed 400,000 tonnes in FY '26, up from 282,000 tonnes last year.

CapEx & Debt: CapEx for FY '26 is guided at INR 175 crores, mostly funded from internal accruals, with net term debt down to INR 221 crores.

Demand Recovery: Management expects government order flow and funding to pick up post-budget, supporting improved realizations and margins.

Product Diversification: Board has approved entry into OPVC and other pipe segments, but investment remains small and focused on synergies.

Ferro Alloys Expansion: Ferro Alloys capacity expansion delayed to Q1 FY '27 due to equipment supply issues but now back on track.

Key Financials
EBITDA Margin
14%
Gross Profit Margin
36%
Return on Equity
26%
Net Term Debt
INR 221 crores
Net Debt to EBITDA Ratio
0.25
DI Pipe Production
282,000 tonnes (FY '25)
Ferro Alloy Production Increase
8%
DI Pipes Production Increase
17%
Ferro Alloys Sales Increase
1%
DI Pipes Sales Increase
8%
CapEx
INR 1,000 crores (total plan), INR 822 crores already deployed
EBITDA per tonne (DI Pipes)
INR 19,000
EBITDA per tonne (Pig Iron)
INR 4,000
EBITDA per tonne (Ferro Alloy)
INR 20,000
EBITDA per tonne (Billets MS ingot)
INR 2,000
EBITDA per tonne (TMT Bar)
INR 4,000
DI Pipe Capacity Utilization
90% (weighted average for FY '25); 80% current
Order Book (DI Pipes)
145,000 tonnes
Depreciation
INR 63 crores (FY '25), expected to go up to INR 105–110 crores once all plants are commissioned
Other Earnings Calls

Management

Mr. Aditya Jajodia
Promoter Executive Chairman & MD
No Bio Available
Mr. Sanjiv Jajodia
Joint CFO & Whole Time Promoter Executive Director
No Bio Available
Mr. Gaurav Jajodia
Whole-Time Promoter Executive Director
No Bio Available
Mr. Bimal Kumar Choudhary
Non Promoter Executive Director
No Bio Available
Mr. Raj Kumar Sharma
Joint Chief Financial Officer
No Bio Available
Chaturmukha Pattnaik
Executive Director of Projects and Technology
No Bio Available
Mr. Ajay Kumar Tantia
Compliance Officer & Company Secretary
No Bio Available
Sujoy Kanti Bagchi
President of Sales & Marketing
No Bio Available
Babu Swadesh Sharma
Senior President - Plant Head (Unit ?III)
No Bio Available

Contacts

Address
WEST BENGAL
Kolkata
5, Bentinck Street
Contacts
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