Jai Balaji Industries share price today

Jai Balaji Industries Ltd's share price was ₹69.70 at the close on 3 November 2026. It has been falling for 94 weeks. That is 3.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹56 and ₹89, and at that close it sat 41% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Jai Balaji Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 5 weeks in a row.

Over the last 11 years the share price moved +4,609% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: profit grew again in the June 2026 quarter and foreign funds (FIIs) cut their stake for 3 quarters in a row.

1. Profit grew again in the June 2026 quarter

   Profit was ₹85 crore, +19.7% on a year earlier (₹71 crore), after 7 quarters of decline.

   Why: Profit rose because the company got better prices for its special ferroalloys and sold more higher-margin products. It also ran its plants more efficiently.

   From the earnings call on 14 Aug 2026.

2. Foreign funds (FIIs) cut their stake for 3 quarters in a row

   From 3.7% to 2.8% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Jai Balaji Industries reported revenue of ₹1,683 crore, up 24.0% from ₹1,357 crore a year earlier, and a profit of ₹85.0 crore, up 19.7% from ₹71.0 crore.

Jai Balaji Industries results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Jai Balaji Industries' management discussed these results on a call held on 14 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Jai Balaji Industries closed at ₹69.70 on 3 November 2026, down 26.2% from ₹94.50 a year earlier (31 October 2025) and up 517.9% over five years. Its highest weekly close since March 2016 was ₹248.11 on 2 March 2024.

Jai Balaji Industries share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 3 November 2026.

3 Nov 2026: Jai Balaji Industries closed at ₹69.70, up 9.4% on the week and up 13.3% on the month. 14 Aug 2026: Jai Balaji Industries held its results call for April to June 2026. Management guided: DI pipe capacity to 5.5 lakh tons, specialized ferroalloys to 1.9 lakh metric tons, blast furnace to 7.5 lakh tons and sinter to 12.1 lakh tons by October to December 2026.

Earlier

• Results for April to June 2026: Revenue up 24.0% and profit up 19.7% on a year earlier.
• 17 Jan 2025: Share split: face value cut from ₹10 to ₹2 a share (ex-date).

Jai Balaji Industries has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Jai Balaji Industries Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 4 November 2026.

On the call for April to June 2026, held on 14 August 2026, Jai Balaji Industries' management guided: DI pipe capacity to 5.5 lakh tons, specialized ferroalloys to 1.9 lakh metric tons, blast furnace to 7.5 lakh tons and sinter to 12.1 lakh tons by October to December 2026.

“What we can predict at the moment is that it cannot get worse.Rajkumar Sharma, on the call for April to June 2026

What management guided

• ₹1,112 crore revised outlay versus ₹1,000 crore, with ₹35-40 crore balance by December 2026.
• DI dispatches and payments to improve post-monsoon/from Q3; initial utilization 50-60%, pipe margin up to 14% if prices improve, receivables recouped in 2-4 months.
• FY26-27 turnover ₹7,000-7,500 crore under a normal market after capacity completion.
• New ferroalloy module to begin at 80-90% utilization when commissioned in December-January.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 14 August 2026.

When Jai Balaji Industries reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: DI pipe dispatches, payments and utilization to improve after the monsoon - check whether government-funded execution translates into higher output.

Jai Balaji Industries is on one of our India lists: Penny stocks.

Jai Balaji Industries Ltd earned ₹85.0 Cr of net profit in the Jun 2026 quarter, +19.7% on the same quarter a year earlier. Full-year FY26 profit was ₹130 Cr. That is 5.1% of the quarter's revenue. The same quarter a year earlier earned ₹71.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹130 Cr (−76.7% on the year before).

Why profit moved: revenue changed +24.0% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −56.3% and revenue +2.5%. Profit is growing slower than sales: rising costs are taking part of the growth.

Jai Balaji Industries Ltd reported ₹1,683 Cr of revenue in the Jun 2026 quarter, +24.0% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 16.9% a year on average. The last full year, FY26, came in at ₹5,784 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹6,110 Cr.

FY26 revenue was ₹5,784 Cr, −8.9% on the year before.

Recent pace: the last four quarters grew +2.5% on average, against 16.9% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +2.0%, against −4.1% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −65.6%, against −60.4% a year (rolling over).

Jai Balaji Industries Ltd's operating margin was 9.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between −13.0% and 14.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed −0.4 percentage points on the year while gross margin changed −3.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 96% of Jai Balaji Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹358 Cr of operating cash against ₹130 Cr of profit. After ₹249 Cr of spending on assets, ₹109 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 96% of profit came in as cash: the cash cycle got 51 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 3.2× depreciation over three years. The next section checks what that spending is building.

Jai Balaji Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 74 days in FY26, up from 23 days in FY21. It spent ₹971 Cr on assets over the last 3 years. Customers take 21 days to pay, and stock sits for 125 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹5,784 Cr, each day of that cycle ties up about ₹15.8 Cr, so roughly ₹1,173 Cr is tied up in the business at any time.

FY26: customers took 21 days to pay and stock sat for 125 days, about 4.1 months of sales sitting as stock, for a full cycle of 74 days, longer than FY21's 23.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 125 days. Customers pay about 21 days after that. Suppliers are paid at 73 days. Together that makes the 74-day cycle.

Spending on assets: ₹971 Cr over the last 3 years, against ₹305 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹294 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Jai Balaji Industries Ltd's P/E is 43.5×, near the high end of its own history: higher than 95% of past readings. Its usual P/E (the middle reading) is 17.2×, over 5.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹1.58.