Jai Balaji Inds. (JAIBALAJI)
CyclicalFairStock Score: 41/100 — MIXED
Score breakdown: P/E: 1/3 · ROCE: 2/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹70.6 |
| Market Cap | ₹6,440.5 Cr |
| P/E Ratio | 44.68 |
| ROCE | 36.08% |
| ROE | 5.93% |
| Dividend Yield | 0% |
| Profit Growth | 20.81% |
| Debt/Equity | 0.18 |
| Sales Growth | 22.78% |
| Promoter Holding | 64.84% |
| 52-Week Range | ₹53.65 — ₹96.89 |
| Sector | Ferrous Metals |
| Book Value | ₹24.3 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
Let me begin with a confession: steel is not my favourite business. The product is a commodity, prices swing with the economy, and today’s margin can vanish tomorrow. Jai Balaji’s numbers show exactly that. Sales fell 13.06% and profit collapsed 82.71%. In the latest quarter, it earned only ₹26 Cr on ₹1,353 Cr of sales—a net margin of about 1.9%. At ₹71.47, the market cap is ₹6,288 Cr, or 21.46 times trailing earnings. With profits falling that steeply, a P/E multiple can mislead. Book value is ₹21.02, so I am paying 3.40 times book. That is not the deep discount Graham taught me to seek. There is also no dividend, so I receive no income while waiting for a turnaround.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer