Jain Resource Recycling Makes Q3FY26 Earnings Call Recording Available Online
Jain Resource Recycling Limited reported exceptional Q3FY26 performance with revenue growth of 55.24% to ₹2,676.21 crore and net profit surge of 204.15% to ₹126.90 crore. The company has made its February 11, 2026 earnings call recording available online under SEBI compliance, while advancing strategic initiatives including a US$ 3.00 million Kuwait acquisition and copper facility expansion with 72,000 MT annual processing capacity.

*this image is generated using AI for illustrative purposes only.
Jain Resource Recycling Limited has delivered outstanding unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, demonstrating exceptional growth across all key performance metrics. The company's investor presentation revealed comprehensive strategic initiatives including international expansion plans, copper facility development, and enhanced production capabilities across multiple segments.
Outstanding Q3FY26 Financial Performance
The company achieved remarkable financial results for the third quarter, showcasing substantial growth in both revenue and profitability metrics compared to the corresponding period of the previous year.
| Financial Metrics: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹2,676.21 crore | ₹1,724.18 crore | +55.24% |
| Net Profit: | ₹126.90 crore | ₹41.73 crore | +204.15% |
| Basic EPS: | ₹3.68 | ₹1.33 | +176.69% |
| Total Income: | ₹2,684.81 crore | ₹1,732.42 crore | +54.98% |
| EBITDA: | ₹192.00 crore | ₹87.40 crore | +119.63% |
| EBITDA Margin: | 7.20% | 5.00% | +220 bps |
Nine Months Performance Overview
For the nine months ended December 31, 2025, the company maintained its robust growth trajectory with consolidated revenue reaching ₹6,438.13 crore compared to ₹4,669.36 crore in the corresponding period of the previous year.
| Nine Months Metrics: | 9MFY26 | 9MFY25 | Growth (%) |
|---|---|---|---|
| Consolidated Revenue: | ₹6,438.13 crore | ₹4,669.36 crore | +37.88% |
| Consolidated Net Profit: | ₹281.40 crore | ₹171.00 crore | +64.56% |
| EBITDA: | ₹449.00 crore | ₹272.00 crore | +65.07% |
| EBITDA Margin: | 7.00% | 5.80% | +120 bps |
| PAT Margin: | 4.40% | 3.70% | +70 bps |
Segment-wise Performance Analysis
The consolidated segment results revealed strong performance across all three primary business verticals, with Lead & Lead Alloy Ingots and Copper & Copper Ingots showing particularly robust growth during the quarter.
| Business Segment: | Q3FY26 Revenue | Q3FY25 Revenue | Q3FY26 Volumes (MT) | Q3FY25 Volumes (MT) |
|---|---|---|---|---|
| Copper & Copper Ingots: | ₹1,619.20 crore | ₹909.70 crore | 18,882 | 11,700 |
| Lead & Lead Alloy Ingots: | ₹1,032.50 crore | ₹798.20 crore | 59,726 | 43,969 |
| Aluminium & Aluminium Alloys: | ₹108.10 crore | ₹70.70 crore | 4,257 | 2,351 |
| Others: | ₹15.43 crore | ₹2.13 crore | - | - |
Strategic International Expansion and Acquisitions
The company announced significant strategic initiatives aimed at strengthening its market position and expanding operations internationally. The board approved the acquisition of a 25% stake in M/s. Abraj Al Khaleej, Kuwait Company, for up to US$ 3.00 million. This acquisition will provide the company with a strategic platform to expand its presence in the Middle East market, leveraging the investee company's established operations, local market knowledge and customer base.
| Strategic Initiative: | Details |
|---|---|
| Kuwait Acquisition: | 25% stake in Abraj Al Khaleej for up to US$ 3.00 million |
| Business Focus: | Recycling of non-ferrous metals and battery recycling |
| Expected Benefits: | Q3FY27 materialization with priority access to recycled materials |
| Completion Timeline: | 3 months for acquisition completion |
Copper Facility Expansion and Joint Venture
Jain Resource Recycling Limited entered a Joint Venture with C&Y Group Investments Inc. and incorporated M/s. Jain CY Circular Solutions Private Limited to set up a copper scrap recycling facility in Ahmedabad. The company has already taken a 4-acre premise on lease and commenced machine ordering.
| Copper Facility Details: | Specifications |
|---|---|
| Annual Processing Capacity: | 72,000 MT across multiple scrap types |
| Motor/Alternator/Starter Scrap: | 36,000 MT |
| Cable Scrap: | 24,000 MT |
| Other Copper Scrap: | 12,000 MT |
| Expected Output: | ~25,000 MT per annum of processed copper |
| Operational Timeline: | June 2026 |
Enhanced Production Capabilities and Value-Added Products
The company is progressing well on the Value-Added Copper Products project at Jain Green Technologies – Unit 3, which will significantly expand capabilities across copper anodes, cathodes, wire rods, busbars and coated products. The tin division continues to scale up steadily with enhanced production capacity from 125 MTPA to 500 MTPA through installation of an additional Vacuum Distillation Furnace.
| Product Development: | Capacity | Timeline |
|---|---|---|
| Copper Anode Phase 1: | 800 MT/month | Q4FY26 |
| Copper Anode Phase 2: | +800 MT/month | Q1FY27 |
| Copper Cathode Phase 1: | 750 MT/month | Q1FY27 |
| Copper Wire Rod: | 600 MT/month | Q1FY27 |
| Tin Production Capacity: | 500 MTPA | Current |
Earnings Call Recording Made Available
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Jain Resource Recycling Limited has made the audio recording of the earnings call held on February 11, 2026 available on the company's website. The earnings call discussed the unaudited financial results for the quarter and nine months ended December 31, 2025.
| Communication Details: | Information |
|---|---|
| Earnings Call Date: | February 11, 2026 |
| Website Access: | jainmetalgroup.com/results-announcements.php |
| Compliance Officer: | Bibhu Kalyan Rauta |
| Stock Exchanges Notified: | NSE (JAINREC) and BSE (544537) |
IPO Fund Utilisation and Compliance
Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company confirmed that there were no deviations or variations in the utilisation of IPO proceeds during the quarter ended December 31, 2025. The statement was duly reviewed by the Audit Committee and Board of Directors at their meeting held on February 09, 2026.
| IPO Fund Utilisation: | Amount (₹ crore) |
|---|---|
| Total Amount Raised: | 1,250.00 |
| Fresh Issue: | 500.00 |
| Pre-payment of Borrowings: | 375.00 |
| General Corporate Purposes: | 98.64 |
| Total Funds Utilised: | 473.64 |
| Monitoring Agency: | CRISIL Limited |

































