Jain Resource Recycling Makes Q3FY26 Earnings Call Recording Available Online

5 min read     Updated on 04 Feb 2026, 08:39 PM
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Overview

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.

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*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
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Jain Resource Recycling Limited Announces Successful Postal Ballot Results with Two Key Resolutions Passed

2 min read     Updated on 20 Jan 2026, 06:14 PM
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Reviewed by
Jubin VScanX News Team
Overview

Jain Resource Recycling Limited successfully completed its postal ballot on January 18, 2026, with both resolutions receiving strong shareholder approval. The appointment of VAK & Associates as secretarial auditor was approved with 97.81% votes, while Mr. Sanchit Jain's appointment as Executive Director received 98.64% support. The e-voting process covered 65,942 shareholders and was conducted through KFIN Technologies under scrutinizer supervision.

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*this image is generated using AI for illustrative purposes only.

Jain Resource Recycling Limited has announced the successful completion of its postal ballot voting process, with shareholders approving two critical corporate resolutions on January 18, 2026. The company, listed on NSE with symbol JAINREC and BSE scrip code 544537, conducted the voting through electronic means under the supervision of scrutinizer Rangarajan Dorairajan from BP & Associates.

Postal Ballot Overview

The postal ballot process covered a comprehensive shareholder base, with detailed participation metrics highlighting strong corporate governance practices.

Parameter Details
Record Date December 12, 2025
Total Shareholders 65,942
Voting Period December 20, 2025 to January 18, 2026
Resolutions Considered 2
Scrutinizer Rangarajan Dorairajan (CS, Membership No. 63099)
Service Provider KFIN Technologies Limited

Resolution 1: Appointment of Secretarial Auditor

The first ordinary resolution sought approval for appointing VAK & Associates, Practicing Company Secretaries (Firm Registration No. P2025TN322600), as the company's secretarial auditor. This resolution received overwhelming support across all shareholder categories.

Shareholder Category Votes in Favor Votes Against Approval Rate (%)
Promoter and Promoter Group 253,939,460 0 100.00
Public Institutions 16,955,810 6,530,330 72.20
Public Non-Institutions 21,255,566 314 99.99
Total 292,150,836 6,530,644 97.81

The resolution was successfully passed with 97.81% votes in favor, demonstrating strong shareholder confidence in the proposed secretarial audit arrangements.

Resolution 2: Executive Director Appointment

The second special resolution approved the appointment of Mr. Sanchit Jain (DIN: 08751991) as Executive Director of the company. This resolution required higher approval thresholds as a special resolution and involved promoter group interests.

Shareholder Category Votes in Favor Votes Against Approval Rate (%)
Promoter and Promoter Group 0 0 -
Public Institutions 22,877,526 608,614 97.41
Public Non-Institutions 21,255,649 231 99.99
Total 44,133,175 608,845 98.64

The resolution achieved 98.64% approval from voting shareholders, successfully meeting the special resolution requirements despite promoter group abstention due to their interest in the agenda.

Voting Process and Compliance

The postal ballot was conducted in full compliance with regulatory requirements under the Companies Act, 2013, and SEBI regulations. Key process highlights include:

  • E-voting Platform: KFIN Technologies Limited provided the electronic voting infrastructure
  • Regulatory Compliance: Process adhered to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Scrutinizer Oversight: BP & Associates ensured transparent and accurate vote counting
  • Digital Distribution: Postal ballot notices were distributed electronically to shareholders with registered email addresses

Invalid Votes Analysis

The voting process recorded minimal invalid votes across categories, indicating effective shareholder communication and platform usability.

Resolution Promoter Group Invalid Public Institutions Invalid Public Non-Institutions Invalid
Resolution 1 0 109,088 390
Resolution 2 253,939,460 109,088 390

The company has made the complete voting results and scrutinizer's report available on its website at jainmetalgroup.com and on KFIN Technologies' e-voting portal, ensuring transparency and regulatory compliance. Both resolutions' successful passage strengthens the company's operational framework and governance structure moving forward.

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