Jain Resource Recycling Limited has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 18, 2026. The company reported a significant increase in annual revenue and profit for the fiscal year, driven by strong operational performance across its business segments. On a quarterly basis, the company also delivered notable year-on-year growth across key financial metrics. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has made the audio recording of its earnings call, held on May 18, 2026, available on its website at jainmetalgroup.com .
Annual Financial Performance
For the financial year ended March 31, 2026, the company reported standalone revenue from operations of ₹92,311.09 million, compared to ₹61,432.51 million in the previous year. Standalone profit for the year stood at ₹3,466.80 million, marking a substantial increase from ₹2,111.35 million in the prior year. On a consolidated basis, revenue from operations reached ₹95,431.13 million, with a consolidated profit of ₹3,473.97 million for the year. The basic earnings per share (EPS) on a standalone basis was recorded at ₹10.37, compared to ₹6.77 in the previous year. On a consolidated basis, basic EPS from continuing and discontinued operations stood at ₹10.25, versus ₹7.16 in the prior year.
| Metric |
FY26 (₹ Million) |
FY25 (₹ Million) |
| Standalone Revenue from Operations |
92,311.09 |
61,432.51 |
| Standalone Total Income |
92,679.59 |
61,836.91 |
| Standalone Profit for the Year |
3,466.80 |
2,111.35 |
| Standalone Total Comprehensive Income |
3,464.67 |
2,104.41 |
| Consolidated Revenue from Operations |
95,431.13 |
64,293.80 |
| Consolidated Profit for the Year |
3,473.97 |
2,232.87 |
| Standalone Basic EPS (₹) |
10.37 |
6.77 |
| Consolidated Basic EPS (Cont. & Disc.) (₹) |
10.25 |
7.16 |
Q4 Financial Highlights
The company's quarterly performance reflected continued momentum. On a standalone basis, Q4 revenue from operations stood at ₹30,302.98 million compared to ₹16,392.05 million in the same period of the previous year. On a consolidated basis, Q4 revenue from operations was ₹31,049.83 million versus ₹17,600.23 million year-on-year. Consolidated profit after tax from continuing operations for Q4 came in at ₹660.40 million versus ₹542.29 million year-on-year. Standalone profit for Q4 stood at ₹619.93 million compared to ₹563.36 million in the prior-year period.
| Metric |
Q4 FY26 (₹ Million) |
Q4 FY25 (₹ Million) |
| Standalone Revenue from Operations |
30,302.98 |
16,392.05 |
| Consolidated Revenue from Operations |
31,049.83 |
17,600.23 |
| Standalone Profit for the Period |
619.93 |
563.36 |
| Consolidated PAT (Continuing Operations) |
660.40 |
542.29 |
Segment Performance
The group operates across three primary business segments: Aluminium & Aluminium Alloys, Lead & Lead Alloy Ingots, and Copper & Copper Ingots. For the full year ended March 31, 2026, the Copper & Copper Ingots segment was the largest revenue contributor, followed by Lead & Lead Alloy Ingots and Aluminium & Aluminium Alloys. The following table presents consolidated segment-wise revenue for the year.
| Segment |
FY26 Revenue (₹ Million) |
FY25 Revenue (₹ Million) |
| Aluminium & Aluminium Alloys |
3,710.12 |
2,731.98 |
| Lead & Lead Alloy Ingots |
38,183.36 |
28,119.15 |
| Copper & Copper Ingots |
52,615.10 |
31,938.83 |
| Others |
922.55 |
1,503.84 |
| Total Revenue from Operations |
95,431.13 |
64,293.80 |
Capital Expenditure and Expansion Plans
The Board approved a capital expenditure of ₹15 crores to set up a new Plastic Recycling Facility, expected to be operational by Q3 FY27. This investment underscores the company's commitment to expanding its recycling infrastructure and capacity.
| Parameter |
Details |
| Investment |
₹15 crores |
| Facility Type |
Plastic Recycling Facility |
| Expected Operational Date |
Q3 FY27 |
IPO Proceeds Utilisation
The company completed its Initial Public Offering comprising 53,879,309 equity shares of face value ₹2 each at an issue price of ₹232 per share. The IPO included a fresh issue of 21,551,724 equity shares and an offer for sale of 32,327,585 equity shares by selling shareholders. The equity shares were listed on the National Stock Exchange of India Limited and BSE Limited on October 1, 2025. As at March 31, 2026, the entire net proceeds of ₹4,736.43 million have been fully utilised, with ₹3,750.00 million deployed towards pre-payment or scheduled repayment of outstanding borrowings and ₹986.43 million towards general corporate purposes. This includes ₹540 million used towards repayment of an unsecured loan to the promoter, ratified by shareholders via postal ballot resolution dated April 28, 2026.
| Object of Issue |
Revised Amount (₹ Million) |
Utilised as at March 31, 2026 (₹ Million) |
| Repayment of Outstanding Borrowings |
3,750.00 |
3,750.00 |
| General Corporate Purposes |
986.43 |
986.43 |
| Total |
4,736.43 |
4,736.43 |
Board Decisions and Appointments
During the meeting, the Board approved several key appointments. M/s. SKK & Co., Chartered Accountants (Firm Registration No. 006092S), and M/s. RKVT and Co., Chartered Accountants (Firm Registration No. 0007863S), were appointed as Joint Internal Auditors for the financial year 2026-27. Mr. B. Venkateswar, Practicing Cost Accountant (Firm Registration No. 100753, Membership No. 27622), was appointed as Cost Auditor for FY27. The company also informed the exchanges about the resignation of Mr. Bibhu Kalyan Rauta, Company Secretary and Compliance Officer, effective June 20, 2026, due to personal commitments. The statutory auditors, M/s. MSKC & Associates LLP (ICAI Firm Registration No. 001595S/S000168), issued an unmodified opinion on the audited standalone and consolidated financial results for the year ended March 31, 2026.