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Fundamentals for Jai Balaji Industries Limited
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Fundamentals for Jai Balaji Industries Limited
Business Operations:
Sector: Basic MaterialsIndustry: Steel
Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. The company provides TMT bars, cement, DRI, sponge iron, pig iron, ferro chrome, silico and ferro manganese, ductile iron pipes, and alloy carbon and mild steel billets and rounds. It also offers steel bars/rods, ferro alloys, MS ingots, and coke/coke fines/nut coke, and sinter; and generates power. It offers its TMT bars under the Balaji Shakti brand. The company also exports its products. Jai Balaji Industries Limited was incorporated in 1999 and is based in Kolkata, India.
Revenue projections:
JAIBALAJI is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 1.24700 |
|---|---|
| forwardPE | 0.00000 |
| debtToEquity | 18.45500 |
| earningsGrowth | -0.71500 |
| revenueGrowth | 0.09800 |
| grossMargins | 0.28554 |
| operatingMargins | 0.03452 |
| trailingEps | 1.42000 |
| forwardEps | 0.00000 |
JAIBALAJI's current ratio of 1.247 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as JAIBALAJI can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
JAIBALAJI's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making JAIBALAJI a stable and conservative investment.
JAIBALAJI's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
JAIBALAJI's negative gross and operating margins indicate that the company is currently unprofitable at both the production and operational levels. This suggests significant challenges in managing costs and generating revenue, which could impact its overall financial health.
Price projections:
Jai Balaji Industries Limited's price projections have gradually decreased, indicating a more conservative outlook from analysts. The repeated downward revisions suggest waning confidence in the company's ability to achieve its previous targets.
Recommendation changes over time:
Jai Balaji Industries Limited has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as Jai Balaji Industries Limited is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
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