Jai Balaji Industries Limited has been assigned an ESG rating of 52 for FY25 by ESG Risk Assessments and Insights Limited. The rating reflects the company's performance on environmental, social, and governance parameters as assessed by the agency.

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted on June 2, 2026.

Jai Balaji Industries clarified that it did not engage ESG Risk Assessments and Insights Limited for the rating or any associated report. The assessment was independently prepared by the agency using information available in the public domain.

The following table details the key disclosure:

Jai Balaji Industries Limited reported a 76.7% decline in net profit to ₹129.95 crore for the financial year ended March 31, 2026, compared to ₹557.88 crore in the previous year. Revenue from operations for FY26 stood at ₹5,784.27 crore, down from ₹6,350.80 crore in FY25. The board approved the audited financial results for the fourth quarter and financial year ended March 31, 2026, at a meeting held on May 30, 2026.

Q4 Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹21.37 crore, a significant decrease from ₹75.48 crore in the corresponding period of the previous year. Revenue from operations for Q4 was ₹1,745.17 crore, compared to ₹1,590 crore in the same period last year. EBITDA for the quarter stood at 927M rupees, down from 1.3B rupees in the year-ago period, with the EBITDA margin contracting to 5.32% from 8.3% year-on-year. The financial results include an exceptional item of ₹3.31 crore related to the statutory impact of new Labour Codes, recognized as past service cost for employee benefits.

The following table summarises key quarterly and annual financial metrics:

Annual Financial Performance

The full-year results reflect broad-based pressure on profitability, with total expenses for FY26 at ₹5,625.70 crore, marginally lower than ₹5,640.47 crore in FY25. Basic earnings per share declined to ₹1.42 from ₹6.25 in the prior year. The table below presents the key annual financial metrics:

Audit and Governance

M/s. Das & Prasad, Chartered Accountants, the Statutory Auditors, issued an audit report with an unmodified opinion on the audited financial results. The board also approved the appointment of M/s. Agrawal Tondon & Co., Chartered Accountants, as the Internal Auditor for the financial year 2026-27. In a key governance decision, the board approved the re-appointment of Shri Sanjiv Jajodia as the Whole Time Director of the company for a further period of three years, commencing from June 30, 2026, subject to shareholder approval. Shri Jajodia is the brother of Shri Rajiv Jajodia, another Whole-time Director of the company.

Subsidiary and Joint Venture Updates

The company noted that its overseas subsidiary, Kesarisuta Industries Uganda Limited, ceased to be a subsidiary during the year following the publication of a notice of cessation of business in the Uganda Gazette. Additionally, joint venture agreements with Rohne Coal Company Private Limited and Andal East Coal Company Private Limited were terminated or are no longer in force, resulting in the non-submission of consolidated financial results.