Jai Balaji Industries share price
NSE: JAIBALAJIBSE: 532976Ferrous MetalsSmall Cap
Formerly Jai Balaji Sponge Limtied
Last close ₹63.45down ₹4.10 (6.07%)BSE ₹63.74
Share price at the NSE close on 23 Oct 2026. Previous close ₹67.55.
52-week range of traded prices to 23 Oct 2026
₹53.65Low, 30 Mar 2026₹98.20High, 23 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹5,788 Cr706th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 14 Aug 2026
- 40.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 2.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- 6.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 9.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 15,36,92241.2% delivered
Results
Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 14 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,683 Crdown 3.59%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹85 Crup 298.83%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 5.1%
Revenue by year
Peak revenue ₹6,414 Cr, year to Mar 2024
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 5 of the 10 years shown
| ₹ crore | Sep 2024Filed 12 Nov | Dec 2024Filed 11 Feb | Mar 2025Filed 10 Jun | Jun 2025Filed 8 Aug | Sep 2025Filed 14 Nov | Dec 2025Filed 12 Feb | Mar 2026Filed 30 May | Jun 2026Filed 14 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,557 | 1,486 | 1,590 | 1,357 | 1,353 | 1,329 | 1,745 | 1,683 |
| Net profit | 153 | 120 | 75 | 71 | 26 | 12 | 21 | 85 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 9.8% | 8.1% | 4.7% | 5.2% | 2.0% | 0.9% | 1.2% | 5.1% |
Standalone. The last eight quarters. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, IRON & STEEL, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 90% of 1,240 trading days over the last 5 years.
LowestHighest
Its median19.1Industry median14.9
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 7% of 601 trading days over the last 3 years.
LowestHighest
Its median4.5Industry median2.0
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.16.6
At or below today's level on 56% of 601 trading days over the last 3 years.
LowestHighest
Its median15.1Industry median8.1
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −60.7% | −76.7% | +68.5% | 0.0% |
| 3 years | +81.1% | +21.4% | +49.1% | 0.0% |
| 5 years | +49.2% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual funds holding it
7 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 6 of the 6 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.
- AddedAdded. Funds that held more shares than at the end of the month before.
- 1
- CutCut. Funds that held fewer shares than at the end of the month before.
- 5
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 1
| Fund | |||
|---|---|---|---|
 Motilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund | 7,07,304 | 0.18% | ₹4.40 Cr |
 Groww Nifty Total Market Index FundGroww Mutual Fund | 4,623 | 0.01% | ₹0.03 Cr |
| Motilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund | 941 | 0.01% | ₹59,000 |
 Angel One Nifty Total Market Index FundAngel One Mutual Fund | 770 | 0.01% | ₹47,920 |
 Mirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund | 635 | 0.01% | ₹40,000 |
 Bandhan Nifty Total Market Index FundBandhan Mutual Fund | 550 | 0.01% | ₹34,000 |
| Angel One Nifty Total Market ETFAngel One Mutual Fund | 538 | 0.01% | ₹33,490 |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Iron & Steel, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Jai Balaji Industries in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Sarda Energy & MineralsSARDAEN | 15,644 | 13.8 | 2.1 | 9.5 | +5.9% | +20.8% | 16.5% | 14.6% | 0.45% |
 NMDC SteelNSLNISP | 11,007 | 131.6 | 0.8 | 9.8 | +41.6% | – | 0.6% | 2.7% | 0.00% |
 Vedanta Iron and SteelVISL | 10,253 | – | – | – | – | – | – | – | 0.00% |
 Sandur Manganese & Iron OresSANDUMA | 7,611 | 10.6 | 2.3 | 6.8 | +45.2% | +45.7% | 24.5% | 24.4% | 0.32% |
 Prakash IndustriesPRAKASH | 1,999 | 6.4 | 0.6 | 4.4 | −10.6% | −12.2% | 9.1% | 8.6% | 1.61% |
 Manaksia SteelsMANAKSTEEL | 674 | 12.0 | 2.1 | 8.2 | +80.8% | +283.9% | 18.2% | 18.4% | 0.00% |
 Scan SteelsSCANSTL | 279 | 11.3 | 0.6 | 6.5 | +9.7% | +41.0% | 5.7% | 7.2% | 0.00% |
 KIC MetaliksKAJARIR | 105 | 32.4 | 0.6 | 6.8 | +24.5% | – | 1.8% | 5.0% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
| Ex-date | Type | Per share |
|---|---|---|
| 15 Sep 2011 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.40 |
| 16 Sep 2010 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.40 |
| 3 Sep 2009 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.40 |
| 11 Sep 2008 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | 10% of face value (₹1.00 a share) |
| 21 Sep 2007 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | 8.5% of face value (₹0.85 a share) |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
Sep 2026
24 Sep · Analysts
23 Sep · Rating
21 Sep · Rating
Jai Balaji Industries share price by year
Each calendar year to 2025.Jai Balaji Industries share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 72.29 | −59.8% | 181.40 | 60.48 |
| 2024 | 179.65 | +17.9% | 256.51 | 152.03 |
| 2023 | 152.37 | +1,292.8% | 155.61 | 8.74 |
| 2022 | 10.94 | −4.5% | 12.33 | 7.67 |
| 2021 | 11.46 | +188.7% | 13.73 | 3.85 |
| 2020 | 3.97 | −25.1% | 5.79 | 2.96 |
| 2019 | 5.30 | +48.9% | 7.57 | 2.46 |
| 2018 | 3.56 | −32.4% | 5.16 | 1.51 |
| 2017 | 5.27 | +130.1% | 5.27 | 2.06 |
| 2016 | 2.29 | +53.7% | 3.17 | 1.09 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 68.99 | 68.99 | 61.60 | 63.45 | 63.34 | 15,36,922 | 41.2% |
| 22 Oct 2026 | 68.00 | 69.03 | 65.47 | 67.55 | 67.42 | 2,71,927 | 48.4% |
| 21 Oct 2026 | 70.00 | 71.00 | 66.14 | 68.11 | 67.99 | 5,56,565 | 48.5% |
| 19 Oct 2026 | 72.33 | 72.50 | 69.50 | 69.97 | 70.77 | 3,16,588 | 53.8% |
| 16 Oct 2026 | 74.92 | 75.99 | 72.00 | 72.33 | 73.10 | 11,07,033 | 53.8% |
| 15 Oct 2026 | 69.89 | 76.30 | 69.31 | 74.91 | 74.58 | 60,19,636 | 45.9% |
| 14 Oct 2026 | 65.94 | 70.89 | 65.08 | 69.37 | 69.25 | 15,98,569 | 49.0% |
| 13 Oct 2026 | 64.86 | 66.09 | 64.00 | 65.52 | 65.09 | 2,91,659 | 44.5% |
| 12 Oct 2026 | 66.70 | 67.50 | 65.20 | 65.56 | 66.16 | 12,83,838 | 60.9% |
| 9 Oct 2026 | 68.80 | 69.50 | 66.02 | 68.40 | 68.16 | 9,92,053 | 56.4% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 17 Jan 2025 | Split | 0.2000 | Each share became 5. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- Legal name
- Jai Balaji Industries Limited
- NSE symbol
- JAIBALAJI
- BSE code
- 532976
- ISIN
- INE091G01026
- Industry
- Ferrous Metals
- Listed
- Dec 2003 on NSE, Jun 2008 on BSE
- Face value
- ₹2
- Former symbols
- BALASPONGE
- CIN
- L27102WB1999PLC089755
- Corporate identity number, the registrar of companies' code for it