Jai Balaji Industries Share Price Target 2025, 2026 to 2030

Jai Balaji Industries Ltd., a prominent entity in the Indian Iron and Steel sector, is a key player under the Jai Balaji Group, established in 1999 and headquartered in Kolkata, West Bengal. Renowned for its diverse portfolio, the company specializes in high-quality products such as TMT bars, pig iron, ferroalloys, ductile iron (DI) pipes, and reinforcement steel bars. Its extensive manufacturing footprint spans eight integrated steel plants across strategic locations in West Bengal, Chhattisgarh, Orissa, and Jharkhand, boasting an impressive combined production capacity exceeding 27,40,000 tonnes annually. Jai Balaji Industries stands out as one of the largest private-sector manufacturers of DI pipes in Eastern India and produces a range of ferroalloys, including high-carbon and low-carbon ferro chrome, catering to industrial and construction demands. The company’s commitment to excellence and innovation has solidified its reputation as a leading supplier in the Indian steel market.

Shareholdings Patterns of Jai Balaji Industries

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters +60.02%60.02%60.80%63.85%64.84%
FIIs +0.67%2.57%3.05%2.92%3.00%
DIIs +0.00%0.00%0.07%0.08%0.09%
Public +39.30%37.40%36.07%33.15%32.05%
No. of Shareholders16,80018,18921,49927,41225,117

The shareholding pattern of Jai Balaji Industries has shown notable shifts between September 2023 and September 2024. Promoters have consistently increased their stake, rising from 60.02% in September 2023 to 64.84% by September 2024, reflecting strong confidence in the company’s prospects. FIIs (Foreign Institutional Investors) have also demonstrated interest, with their holdings growing from 0.67% to 3.00% over the same period. DIIs (Domestic Institutional Investors) have maintained a steady, albeit minor, presence, slightly increasing their share from 0.00% to 0.09%. Conversely, the public shareholding has declined from 39.30% to 32.05%, indicating a gradual consolidation among major stakeholders. The number of shareholders saw fluctuations, peaking at 27,412 in June 2024 before settling at 25,117 in September 2024, signaling evolving investor dynamics in Jai Balaji Industries.

Latest News on Jai Balaji Industries

Jai Balaji Industries Ltd. has announced a significant development with a 1:5 stock split, set to take effect on January 17, 2025. This move entails that shareholders on record as of this date will receive 5 equity shares of ₹2 each for every equity share of ₹10 currently held. The stock split aims to enhance liquidity, make the shares more affordable to a broader investor base, and potentially increase market participation. This strategic decision reflects the company’s commitment to improving shareholder value and accessibility in the stock market.

How to purchase Jai Balaji Industries shares?

Below are the trading platforms that you can use to purchase Jai Balaji Industries shares:

  • Zerodha
  • Upstox
  • Groww
  • AngelOne
  • ICICIDirect

Jai Balaji Industries Share Price Prediction: 2025, 2026 to 2030

Jai Balaji Industries Share Price Target 2025

WhenMaximum PriceMinimum Price
January 2025180.39138.76
February 2025182.21140.16
March 2025186.04143.11
April 2025184.20141.69
May 2025178.83137.56
June 2025186.88143.75
July 2025183.21140.93
August 2025188.88145.29
September 2025191.15147.04
October 2025196.12150.86
November 2025201.02154.63
December 2025210.07161.59

In 2025, Jai Balaji Industries is expected to exhibit promising stock price trends. In January, the maximum price is projected to reach ₹180.39, with a minimum of ₹138.76. Moving through the months, the prices are anticipated to rise steadily, culminating in December, where the maximum price is expected to reach ₹210.07, and the minimum price may stand at ₹161.59. This reflects a positive trajectory for Jai Balaji Industries throughout the year.

Jai Balaji Industries Share Price Prediction 2026

WhenMaximum PriceMinimum Price
January 2026216.37166.44
February 2026210.96162.28
March 2026215.18165.52
April 2026219.57168.90
May 2026217.39167.23
June 2026222.83171.41
July 2026218.46168.05
August 2026225.22173.24
September 2026229.72176.71
October 2026235.69181.30
November 2026241.59185.84
December 2026247.63190.48

As we go ahead into 2026, Jai Balaji Industries is expected to maintain a strong upward trajectory in its stock prices. In January, the maximum price is projected to reach ₹216.37, with a minimum of ₹166.44. By December, the stock is anticipated to rise further, with the maximum price expected to touch ₹247.63 and the minimum price projected at ₹190.48.

Jai Balaji Industries Share Price Target 2027

WhenMaximum PriceMinimum Price
January 2027250.10192.39
February 2027256.52197.32
March 2027266.52205.01
April 2027261.29200.99
May 2027253.68195.14
June 2027265.10203.92
July 2027259.90199.92
August 2027267.94206.11
September 2027277.32213.32
October 2027284.53218.87
November 2027291.64224.34
December 2027298.93229.95

Jai Balaji Industries Share Price Prediction 2028

WhenMaximum PriceMinimum Price
January 2028304.91234.55
February 2028312.73240.56
March 2028324.92249.94
April 2028318.55245.04
May 2028309.27237.90
June 2028323.19248.61
July 2028316.86243.73
August 2028326.65251.27
September 2028338.09260.07
October 2028346.88266.83
November 2028355.55273.50
December 2028364.44280.34

Jai Balaji Industries Share Price Target 2029

WhenMaximum PriceMinimum Price
January 2029371.73285.94
February 2029381.26293.28
March 2029396.13304.71
April 2029388.36298.74
May 2029377.05290.04
June 2029394.02303.09
July 2029386.29297.15
August 2029398.24306.34
September 2029412.18317.06
October 2029422.89325.30
November 2029433.47333.43
December 2029444.30341.77

Jai Balaji Industries Share Price Prediction 2030

WhenMaximum PriceMinimum Price
January 2030453.19348.61
February 2030464.81357.54
March 2030482.94371.49
April 2030473.47364.20
May 2030459.68353.60
June 2030480.36369.51
July 2030470.94362.26
August 2030485.51373.47
September 2030502.50386.54
October 2030515.57396.59
November 2030528.45406.50
December 2030541.67416.67

As we move through 2030, Jai Balaji Industries is expected to demonstrate remarkable growth in its stock performance. In January, the maximum price is projected to reach ₹453.19, with a minimum of ₹348.61. By December, the stock price is anticipated to climb further, with the maximum expected to touch ₹541.67 and the minimum projected at ₹416.67.

Financial Condition of Jai Balaji Industries

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales +2,9122,7854,6926,1256,4146,659
Expenses +2,8762,6894,4845,7955,4855,628
Operating Profit36962093309291,032
OPM %1%3%4%5%14%15%
Other Income +491029-38193211
Interest1038899897363
Depreciation979491988688
Profit before tax-114-76481059631,091
Tax %0%0%0%45%9%
Net Profit +-114-764858880870
EPS in Rs-2.07-1.370.870.7910.7510.29
Dividend Payout %0%0%0%0%0%

The company’s sales have grown steadily, from ₹2,912 crore in March 2020 to an impressive ₹6,659 crore in TTM 2024. Correspondingly, operating profits surged dramatically, rising from ₹36 crore in 2020 to ₹1,032 crore in TTM 2024, with the Operating Profit Margin (OPM) improving from 1% to 15%. These gains highlight Jai Balaji Industries enhanced operational efficiency.

Other income, which showed volatility over the years, contributed positively in TTM 2024 with ₹211 crore. Interest and depreciation expenses have declined, showcasing improved cost management. Profit before tax (PBT) has surged from a loss of ₹114 crore in 2020 to ₹1,091 crore in TTM 2024. Net profit followed a similar trajectory, climbing from a loss of ₹114 crore in 2020 to ₹870 crore in TTM 2024, reflecting strong financial recovery.

The Earnings Per Share (EPS) also improved significantly, increasing from a negative ₹2.07 in 2020 to ₹10.29 in TTM 2024. Despite the financial gains, the company has maintained a dividend payout of 0%, likely focusing on reinvestment and growth

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FAQS

What is the current share price of Jai Balaji Industries?

As of January 17th, 2025, the share price of Jai Balaji Industries is around INR ₹168.

What is Jai Balaji Industries share price target for 2025?

As per our analysis, Jai Balaji Industries in 2025 is expected to trade between ₹137.56 to ₹210.07.

What is Jai Balaji Industries share price target for 2030?

As per our analysis, Jai Balaji Industries share price target for 2030 would be somewhere between ₹348.61 and ₹541.67.

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Conclusion

Jai Balaji Industries Ltd. has demonstrated remarkable financial growth and strategic progress, positioning itself as a key player in the Indian iron and steel sector. With a robust increase in sales from ₹2,912 crore in 2020 to ₹6,659 crore in TTM 2024 and a significant improvement in operating profit margins from 1% to 15%, the company reflects strong operational efficiency and financial resilience. Net profit has surged to ₹870 crore in TTM 2024, accompanied by an EPS growth to ₹10.29, underscoring solid shareholder value creation. The recently announced 1:5 stock split, effective January 17, 2025, aims to enhance liquidity and attract broader market participation, further solidifying its market presence. These positive developments, combined with an upward trajectory in share price predictions, highlight Jai Balaji Industries’ potential for sustained growth and continued leadership in the steel industry.

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Author: Ashnoor

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