Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: 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:

Revenue projections for JAIBALAJI
Revenue projections for JAIBALAJI

With JAIBALAJI's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 1.27300
forwardPE 0.00000
debtToEquity 20.64200
earningsGrowth -0.82800
revenueGrowth -0.13100
grossMargins 0.31135
operatingMargins 0.03016
trailingEps 3.16000
forwardEps 0.00000

Jai Balaji Industries Limited's current ratio is 1.273, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as Jai Balaji Industries Limited should not face any issues meeting its short-term liabilities with available resources.
JAIBALAJI's low Debt-to-Equity ratio indicates the company is not over-leveraged. By limiting its dependence on debt, JAIBALAJI reduces its financial risk and demonstrates a strong capital structure, making it a more stable investment option for those wary of excessive borrowing.
JAIBALAJI's low growth in both earnings and revenue indicates the company's profits may decrease. This trend could signal a downturn in financial performance, suggesting that JAIBALAJI might struggle to maintain its current profit levels.
JAIBALAJI's negative gross and operating margins indicate that the company is unable to generate profit from its core business activities. This suggests financial strain and could be a sign of deeper cost management issues.

Price projections:

Price projections for JAIBALAJI
Price projections for JAIBALAJI



Recommendation changes over time:

Recommendations trend for JAIBALAJI
Recommendations trend for JAIBALAJI


Analysts have maintained a buy bias for JAIBALAJI, which could prompt investors to consider the stock as a viable investment. With this positive outlook, JAIBALAJI is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.