Jai Balaji Industries
68.89
+0.14(+0.20%)
Market Cap₹6,284.54 Cr
PE Ratio22.52
Company Performance:
1D+0.20%
1M-27.23%
6M-33.96%
1Y-61.90%
5Y+1,517.14%
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More news about Jai Balaji Industries
08Aug 25
Jai Balaji Industries Reports 66% Drop in Q1 Net Profit, Revenue Declines
Jai Balaji Industries Limited experienced a significant decline in financial performance for Q1 ended June 30. Net profit fell 66% to ₹70.55 crore, while revenue from operations decreased 21% to ₹1,357.17 crore compared to the same period last year. EBITDA declined to ₹127.00 crore, with the EBITDA margin contracting to 9.36%. The company also announced several corporate governance changes, including new appointments and re-appointments of directors, and alterations to its Articles of Association.
29Jul 25
Jai Balaji Industries' Credit Ratings Upgraded by CRISIL for Rs. 995 Crore Bank Facilities
CRISIL has upgraded Jai Balaji Industries Limited's (JBIL) credit ratings for bank loan facilities totaling Rs. 995 crores. The long-term rating has been upgraded from CRISIL BBB/Stable to CRISIL BBB+/Stable, while the short-term rating has improved from CRISIL A3+ to CRISIL A2. This upgrade affects the company's total bank loan facilities worth Rs. 995.00 crores, indicating an improvement in JBIL's credit profile and financial strength. The company has officially informed the National Stock Exchange of India Limited and BSE Limited about this credit rating upgrade in compliance with regulatory requirements.
29Jul 25
CRISIL Upgrades Jai Balaji Industries' Credit Ratings, Reflecting Improved Financial Health
CRISIL has upgraded Jai Balaji Industries Limited's credit ratings for bank loan facilities totaling Rs. 995.00 crores. The long-term rating has been upgraded from CRISIL BBB/Stable to CRISIL BBB+/Stable, while the short-term rating has been raised from CRISIL A3+ to CRISIL A2. This upgrade suggests improved financial health, better creditworthiness, and may increase market confidence in the company. Jai Balaji Industries has officially informed the National Stock Exchange of India Limited and BSE Limited about this development.
11Jul 25
Jai Balaji Industries to Shutter Inactive Ugandan Subsidiary
Jai Balaji Industries Limited has announced the closure of its wholly-owned subsidiary, M/s. Kesarisuta Industries Uganda Limited. The Board of Directors approved this decision on April 16, 2025, with a notice of cessation published in the Uganda Gazette on June 27, 2025. The subsidiary had not commenced any operations since incorporation and was not classified as material. The closure is expected to have minimal impact on Jai Balaji Industries' overall business, with no effect on revenue or operations. The deregistration process is anticipated to be completed within six months.
13May 25
Jai Balaji Industries Reports Q4 Profit Decline and Announces Diversification Plans
Jai Balaji Industries' Q4 net profit fell 72.34% year-over-year to ₹755.00 crore, with revenue declining 13.87% to ₹1,590.00 crore. The company plans to diversify into OPVC pipes, tubes, and fittings production, potentially opening new revenue streams amid challenges in its core steel business.
12May 25
Jai Balaji Industries Diversifies Portfolio with Entry into OPVC Pipe Business
Jai Balaji Industries has announced its entry into the manufacturing of OPVC (Oriented Polyvinyl Chloride) pipes, tubes, and fittings. This strategic diversification move aims to tap into the growing demand for durable piping solutions in infrastructure, water management, and industrial sectors. The expansion is expected to open new revenue streams for the company and strengthen its position in India's evolving industrial landscape.
12May 25
Jai Balaji Industries Reports Decline in Q4 Financial Performance
Jai Balaji Industries' Q4 results show a substantial downturn. Revenue decreased by 13.87% to ₹15.90 billion, while net profit plummeted 72.34% to ₹755.00 million compared to the previous year. EBITDA fell 46.06% to ₹1.30 billion, with EBITDA margin contracting to 8.30% from 13.05%. The company also experienced a sequential decline in net profit from the previous quarter.
Jai Balaji Industries
68.89
+0.14
(+0.20%)
1 Year Returns:-61.90%
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