What is the Current Share Price of Jai Balaji Industries Ltd?
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Jai Balaji Industries Ltd share price is for NSE ₹ 57.81 & for BSE ₹ 57.83 as on Apr 07 2026 03:30 PM.
As of the latest trading session, JAI BALAJI INDUSTRIES LTD share price is currently at ₹57.81, which is up by ₹0.30 from its previous closing. Today, the stock has fluctuated between ₹56.79 and ₹59.22. Over the past year, JAI BALAJI INDUSTRIES LTD has achieved a return of -53.40%. In the last month alone, the return has been -6.21%.
| Particulars | DEC 2025 (Values in Cr) |
|---|---|
| Revenue | 1328.58 |
| Operating Expense | 1321.67 |
| Net Profit | 11.55 |
| Net Profit Margin (%) | 0.86 |
| Earnings Per Share (EPS) | 0.13 |
| EBITDA | 62.13 |
| Effective Tax Rate (%) | 21.26 |
| Company Name | Price | P/E | P/B | Market Cap | 52 Week Low | 52 Week High |
|---|---|---|---|---|---|---|
| KALYANI STEELS LIMITED | 657.25 | 10.57 | 1.45 | 2869.10 | 636.95 | 988.00 |
| MUKAND LTD. | 118.00 | 28.37 | 1.78 | 1705.05 | 84.64 | 160.85 |
| TATA STEEL LIMITED | 187.15 | 23.84 | 2.49 | 233629.21 | 124.20 | 216.50 |
| ZENITH STEEL PIP IND LTD | 5.26 | 12.23 | -0.29 | 74.84 | 4.39 | 10.27 |
| Company Name | Price | P/E | P/B | Market Cap | 52 Week Low | 52 Week High |
|---|---|---|---|---|---|---|
| KALYANI STEELS LIMITED | 657.25 | 10.69 | 1.45 | 2869.10 | 636.95 | 988.00 |
| MUKAND LTD. | 118.00 | 17.20 | 1.74 | 1705.05 | 84.64 | 160.85 |
| ORISSA SPONGE IRON & STEEL LTD | 219.40 | 0.00 | -3.58 | 653.59 | 0.00 | 0.00 |
| PRAKASH INDUSTRIES LTD. | 117.95 | 6.39 | 0.61 | 2112.27 | 110.00 | 191.00 |
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Jai Balaji Industries reported sales of ₹1,353 crore in Q2 FY25-26, lower than ₹1,557 crore in Q2 FY24-25. Expenses came in at ₹1,281 crore in Q2 FY25-26 versus ₹1,328 crore in Q2 FY24-25. Operating profit stood at ₹72 crore in Q2 FY25-26, down from ₹228 crore in Q2 FY24-25. Profit before tax was ₹40 crore in Q2 FY25-26 versus ₹213 crore in Q2 FY24-25, while net profit declined to ₹26 crore in Q2 FY25-26 from ₹153 crore in Q2 FY24-25. EPS stood at ₹0.29 in Q2 FY25-26 against ₹1.68 in Q2 FY24-25.
Sales were ₹6,351 crore in FY24-25 versus ₹6,414 crore in FY23-24. Expenses stood at ₹5,484 crore in FY24-25 against ₹5,485 crore in FY23-24. Operating profit was ₹867 crore in FY24-25 compared with ₹929 crore in FY23-24, and OPM was 14% in both years. Profit before tax stood at ₹778 crore in FY24-25 versus ₹963 crore in FY23-24. Net profit was ₹558 crore in FY24-25 compared with ₹880 crore in FY23-24.
No dividend has been declared for FY25.
Jai Balaji Industries Limited (JBIL) is the flagship company of the Jai Balaji Group and operates as an integrated steel manufacturer in eastern India. With operations concentrated in West Bengal and Chhattisgarh, the company produces iron and steel products, including sponge iron, pig iron, ductile iron pipes, ferrochrome, billets, TMT bars, coke, and sinter, supported by captive power plants. Its product range also extends to alloy and mild steel ingots, wire rods, and heavy rounds used across construction and industrial applications.
The company’s steel products are marketed under the Balaji Shakti brand, known in the domestic market for Thermex TMT bars used by civil contractors and real estate developers. JBIL’s supply portfolio includes participation in infrastructure projects commissioned by public sector entities such as the National Hydroelectric Power Corporation (NHPC) and the National Highways Authority of India (NHAI).
Incorporated in July 1999 as Jai Balaji Sponge Limited, the company initially focused on sponge iron production. By 2000, it had established its first sponge iron plant in West Bengal with a capacity of 50 tonnes per day. In October 2003, it launched an initial public offering of one crore equity shares, marking its entry into the capital markets.
In September 2005, the company commissioned a 12 MW power plant and a 30,000 MT per annum ferro alloy facility at Raniganj, West Bengal. The next phase of expansion came in FY2006–07, when JBIL enhanced its production capacity by 1,80,000 tonnes per annum for steel bars and rods and 58,806 tonnes per annum for billets and mild steel ingots. A 40 MW captive power plant was also commissioned that year. The merger of Shri Ramrupai Balaji Steels Ltd. in 2006 further strengthened its base, adding sponge iron, blast furnace, and billet production capacity.
By March 2007, JBIL commissioned a new blast furnace with an installed capacity of 28,750 MT per annum to produce pig iron. The company continued expanding its footprint through acquisitions—most notably the purchase of the steel division of HEG Ltd in FY2007–08, which added a 1,20,000 MT per annum sponge iron plant, a 1,00,000 MT steel melting shop, and a 12.8 MW captive power plant in Chhattisgarh. Later that year, it acquired Nilachal Iron & Power Ltd. in Jharkhand, adding another 1,00,000 MT per annum sponge iron capacity.
In 2008, JBIL formalised a Memorandum of Agreement with the Government of West Bengal for setting up an integrated steel plant with a capacity of 5 million tonnes per annum, a 3 million tonne cement plant, and a 1,215 MW captive power plant at Purulia, with an estimated investment of ₹16,000 crore.
During the same period, the company signed additional agreements with the Government of Chhattisgarh and the Chhattisgarh State Electricity Board for setting up integrated steel and thermal power projects. By 2008–09, JBIL’s sinter plant at Durgapur, with an installed capacity of 6.08 lakh MTPA, commenced production, followed by the commissioning of an electric arc furnace plant with 4.33 lakh MTPA capacity. Trial production at the ferro alloy plant (0.25 lakh MTPA) began in June 2009, and commercial operations started in August. The ductile iron pipe plant at Durgapur, with 2.40 lakh MTPA capacity, began operations in November 2010.
By 2010, the group structure evolved with three subsidiaries—Nilachal Iron & Power Ltd., Jai Balaji Steels (Purulia) Ltd., and Jai Balaji Energy (Purulia) Ltd.—expanding the company’s footprint in power generation and steelmaking. The DRI plant (60,000 MT) and coal washery at Nilachal Iron & Power Ltd. were commissioned in 2012, while a 3,50,000 MTPA coke oven plant with an 80 TPH waste heat recovery boiler was completed in 2012–13.
In recent years, JBIL diversified further. In 2023, it launched JBG Hexa Bond Cement – Hindustan ki Neev, marking its foray into the cement segment. It also incorporated a foreign subsidiary, Kesarisuta Industries Uganda Limited, in July 2023, reflecting an incremental move toward overseas manufacturing presence. The structural consolidation continued into 2024, with Jai Balaji Energy (Purulia) Ltd. and Jai Balaji Steels (Purulia) Ltd. merging into the parent company through a Scheme of Amalgamation.
Jai Balaji Industries Limited, the flagship company of Jai Balaji Group is one of the largest steel producers in the private sector in Eastern India. The Company is an integrated steel manufacturer. The Company is primarily engaged in production of Iron and Steel products including Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke and Sinter with captive power plant. Their products includes sponge iron, pig iron, reinforcement steel TMT bars, alloy and mild steel ingots & wire rod and carbon, alloy & mild steel heavy rounds. Company operates four integrated steel plants strategically located in West Bengal and Chhattisgarh.
The company also manufactures Thermex TMT Bars, under the brand name Balaji Shakti, which is a respected name among civil contractors and real estate developers for quality steel. In addition, they have supplied steel to various projects of National importance undertaken by National Hydro-Electric Power Corporation Ltd., National Highway Authorities of India, etc.
Jai Balaji Industries Limited was incorporated in July, 1999 as 'Jai Balaji Sponge Limited'. The Company changed the name to 'Jai Balaji Industries Limited' on April 26, 2007. Company set up their first Mini DRI Plant in West Bengal. In the year 2000, they established their first sponge iron plant with the initial capacity of 50 tonnes per day. In October 2003, the company made an initial public offer of one-crore equity shares having face value of Rs 10 each.
In September 2005, the company commissioned a power plant with installed capacity of 12 MW per annum and a ferro alloy plant with installed capacity of 30,000 MT per annum at Ranigunj in West Bengal.
During the year 2006-07, the company increased the capacity of steel bars/rods by 180,000 tonne per annum and billet/MS ingots by 58,806 tonne per annum. In addition, they commissioned a 40 MW captive power plant during the year. Shri Ramrupai Balaji Steels Ltd amalgamated with the company with effect from April 1, 2006, which had a sponge iron plant with the capacity 120,000 tonne per annum, blast furnace with the capacity 80,500 tonne per annum, steel bars/rods with the capacity 80,000 tonne per annum and billet/MS ingots with the capacity 176,418 tonne per annum.
In March 2007, the company commissioned the blast furnace with the installed capacity of 28,750 MT per annum to produce pig iron.
During the year 2007-08, the company acquired the steel division of HEG Ltd in Chhattisgarh having a sponge iron plant with the capacity of 120,000 MT per annum, steel-melting shop with the capacity of 100,000 MT per annum and a 12.8 MW captive power plant.
In October 2007, the company acquired 100% shareholding of Nilachal Iron & Power Ltd in Jharkhand having a sponge iron plant with the capacity of 100,000 MT per annum. The company signed a Memorandum of Agreement with the Government of West Bengal for setting up an integrated steel plant of 5 million tonnes per annum capacity, a cement plant of 3 million tonnes per annum capacity and a captive power plant of 1,215 MW capacity in Purulia, West Bengal at a total investment of Rs 16,000 crore.
During the year 2008-09, the company entered into a joint venture agreement with JSW Steel Ltd and Bhushan Power & Steel Ltd and formed a company namely Rohne Coal Company Pvt Ltd to acquire 6.90% stake in a coal block. In June 2, 2008, the company listed their equity shares on Bombay Stock Exchange Ltd.
In August 2008, the company signed an MoU with the Government of Chhattisgarh for setting up an integrated steel plant in Chhattisgarh and in September 2008, they signed another MoU with Government of Chhattisgarh and Chhattisgarh State Electricity Board for setting up a 600 MW thermal power project in Chhattisgarh.
In September 15, 2008, the sinter plant at Durgapur with the installed capacity of 6.08 lakh MTPA commenced its production and in March 18, 2008, the electric arc furnace plant at Durgapur with the installed capacity of 4.33 lakh MTPA commenced its production. The company commissioned ferro alloy plant with a capacity of 0.25 lakh MTPA and started trial production with effect June 02, 2009.
The Ferro Alloy plant at Durgapur with a capacity of 0.25 lacs MTPA commenced commercial production w.e.f. 17th August, 2009. The Ductile Iron Pipe Plant at Durgapur with a capacity of 2.40 lacs MTPA had commenced commercial production with effect from November 3, 2010.
The Company had three wholly owned subsidiaries namely, Nilachal Iron & Power Limited, Jai Balaji Steels (Purulia) Limited & Jai Balaji Energy (Purulia) Limited. Both Jai Balaji Steels (Purulia) Limited & Jai Balaji Energy (Purulia) Limited were incorporated on 1st November, 2010.
The DRI Plant of 60000 MT & coal washery in subsidiary company M/s Nilachal Iron & Power Limited was commissioned in 2012. The project for expansion of 350000 MTPA Coke Oven Plant along with Waste Heat Recovery Boiler of 80 TPH got completed in 2012-13.
The Hon'ble Supreme Court vide its Order pronounced on 24th September, 2014, has cancelled number of coal blocks allotted to various companies. These include two coal blocks viz. Andal East in West Bengal and Rohne in Jharkhand allocated to the Company jointly with other parties where no mining activity has commenced & Ardhagram in West Bengal jointly with other party where mining activity has commenced. Subsequently, the Government promulgated The Coal Mines (Special Provisions) Ordinance, 2014 which intends to take appropriate action to deal with the situation arising pursuant to the Hon'ble Supreme Court's decision.
The Company launched a product named JBG Hexa Bond Cement - Hindustan ki Neev' in 2023. Company incorporated a subsidiary Company named Kesarisuta Industries Uganda Limited'' in Uganda in July 2023.
In 2024, wholly owned subsidiary companies, Jai Balaji Energy (Purulia) Limited and Jai Balaji Steels (Purulia) Limited got merged with the Company by way of a Scheme of Amalgamation.
Jai Balaji Industries Ltd share price is for NSE ₹ 57.81 & for BSE ₹ 57.83 as on Apr 07 2026 03:30 PM.
The market cap of Jai Balaji Industries Ltd for NSE ₹ 0.00 & for BSE ₹ 0.00 as on Apr 07 2026 03:30 PM.
The 52 Week High and Low of Jai Balaji Industries Ltd for NSE is ₹ 149.45 and ₹ 58.28 and for BSE is ₹ 149.90 and ₹ 53.00.
The 1 year returns on the stock has been -53.40%.
As on Apr 07 2026 03:30 PM the price-to-earnings (PE) ratio for Jai Balaji Industries Ltd share is 31.13.
As on Apr 07 2026 03:30 PM, the price-to-book (PB) ratio for Jai Balaji Industries Ltd share is 24.35.
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