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.

Jai Balaji Industries Limited has announced the opening of a special window for transfer and dematerialization of physical shares, providing shareholders with an opportunity to regularize their holdings in compliance with SEBI regulations.

Special Window Details

In accordance with SEBI circular no. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, the company has opened another special window for a period of one year. The window operates from February 05, 2026 to February 04, 2027, specifically for transfer and dematerialization of physical shares which were sold or purchased prior to April 01, 2019.

Scope of Coverage

The special window extends beyond new applications to include previously submitted transfer requests that faced processing issues. The facility covers transfer requests which were submitted earlier and were rejected, returned, or not attended to due to deficiency in the documents, process, or otherwise.

Submission Process and Contact Details

Eligible shareholders may submit their requests along with requisite documents to the company's Registrar and Share Transfer Agent (RTA). The designated RTA is Maheshwari Datamatics Private Limited, Unit: Jai Balaji Industries Limited, located at 23, R.N. Mukherjee Road, Kolkata, West Bengal-700001.

Transfer Conditions and Lock-in Requirements

During this period, securities transferred will be mandatorily credited to the transferee only in demat mode, once all documents are found to be in order by the RTA. The transferred securities will be subject to a lock-in period of one year from the date of registration of transfer. During the lock-in period, such securities cannot be transferred, lien-marked, or pledged.

Regulatory Compliance

The company has made newspaper publications in "Financial Express" (English) and "Ekdin" (Vernacular) as part of its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Ajay Kumar Tantia, Company Secretary, and communicated to both NSE and BSE on April 14, 2026.

Shareholders are advised to lodge or re-lodge their duly executed transfer deeds along with all requisite documents, complete in all respects, with the company's RTA within the stipulated timeframe to avail of this special facility.