Jai Balaji FY26 net profit falls 76.7% to ₹129.95 crore

1 min read     Updated on 30 May 2026, 05:51 PM
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Jai Balaji Industries Limited reported a 76.7% decline in net profit to ₹129.95 crore for FY26, with revenue falling to ₹5,784.27 crore. Q4FY26 net profit stood at ₹21.37 crore. The board approved the re-appointment of Shri Sanjiv Jajodia as Whole Time Director and appointed M/s. Agrawal Tondon & Co. as Internal Auditor. The company also disclosed the cessation of a subsidiary and joint ventures.

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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.

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 Q4FY26 was ₹1,745.17 crore. 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.

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.

Financial Performance Summary

Metric FY26 (₹ in crores) FY25 (₹ in crores) Change
Revenue from Operations 5,784.27 6,350.80 Decrease
Net Profit 129.95 557.88 -76.7%
Total Expenses 5,625.70 5,640.47 Decrease
Earnings Per Share (Basic) 1.42 6.25 Decrease

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.

Historical Stock Returns for Jai Balaji Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%-3.55%-7.41%+5.59%-32.28%+685.78%

What strategic initiatives will Jai Balaji Industries implement to reverse the 76.7% decline in net profit and revenue contraction in FY27?

How will the termination of joint ventures with Rohne Coal and Andal East Coal impact the company's future raw material security and cost structure?

Will the cessation of Kesarisuta Industries Uganda lead to a restructuring of the company's global footprint and capital allocation?

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Jai Balaji Industries Opens Special Window for Physical Share Transfer and Dematerialization

2 min read     Updated on 14 Apr 2026, 05:38 PM
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Jai Balaji Industries Limited has opened a special window from February 05, 2026 to February 04, 2027 for transfer and dematerialization of physical shares sold or purchased before April 01, 2019. The one-year facility, announced in compliance with SEBI circular dated January 30, 2026, also covers previously rejected transfer requests. Eligible shareholders can submit applications to RTA Maheshwari Datamatics Private Limited, with transferred securities subject to mandatory demat mode and one-year lock-in period.

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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.

Parameter: Details
Window Period: February 05, 2026 to February 04, 2027
Duration: One year
Eligible Shares: Sold or purchased before April 01, 2019
SEBI Circular Reference: HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026

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.

Contact Method: Details
Email (RTA): contact@mdpncorporate.com / compliance@mdpncorporate.com
Phone (RTA): 033 22482248, 22435029
Company Address: 5, Bentinck Street, Kolkata-700001
Company Phone: 22489808 / 22435029
Company Email: jaibalaji@jaibalajigroup.com

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.

Historical Stock Returns for Jai Balaji Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%-3.55%-7.41%+5.59%-32.28%+685.78%

Will SEBI extend similar special windows to other listed companies facing physical share transfer backlogs?

How might the one-year lock-in period affect Jai Balaji Industries' trading liquidity and share price volatility?

What percentage of Jai Balaji's total shareholding remains in physical form and could potentially be dematerialized through this window?

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1 Year Returns:-32.28%