Jai Balaji Industries Limited (JAIBALAJI) - Net Assets
Based on the latest financial reports, Jai Balaji Industries Limited (JAIBALAJI) has net assets worth Rs22.22 Billion INR (≈ $240.29 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs39.44 Billion ≈ $426.58 Million USD) and total liabilities (Rs17.23 Billion ≈ $186.29 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Jai Balaji Industries Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs22.22 Billion |
| % of Total Assets | 56.33% |
| Annual Growth Rate | 20.17% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 118.46 |
Jai Balaji Industries Limited - Net Assets Trend (2006–2025)
This chart illustrates how Jai Balaji Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore JAIBALAJI asset base for the complete picture of this company's asset base.
Annual Net Assets for Jai Balaji Industries Limited (2006–2025)
The table below shows the annual net assets of Jai Balaji Industries Limited from 2006 to 2025. For live valuation and market cap data, see JAIBALAJI stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs21.25 Billion ≈ $229.79 Million |
+41.27% |
| 2024-03-31 | Rs15.04 Billion ≈ $162.66 Million |
+170.49% |
| 2023-03-31 | Rs5.56 Billion ≈ $60.14 Million |
+133.44% |
| 2022-03-31 | Rs-16.63 Billion ≈ $-179.83 Million |
+4.05% |
| 2021-03-31 | Rs-17.33 Billion ≈ $-187.43 Million |
-4.53% |
| 2020-03-31 | Rs-16.58 Billion ≈ $-179.30 Million |
-4.93% |
| 2019-03-31 | Rs-15.80 Billion ≈ $-170.87 Million |
-10.74% |
| 2018-03-31 | Rs-14.27 Billion ≈ $-154.29 Million |
-15.46% |
| 2017-03-31 | Rs-12.36 Billion ≈ $-133.63 Million |
-40.81% |
| 2016-03-31 | Rs-8.77 Billion ≈ $-94.90 Million |
-348.55% |
| 2015-03-31 | Rs-1.96 Billion ≈ $-21.16 Million |
-188.44% |
| 2014-03-31 | Rs2.21 Billion ≈ $23.92 Million |
-58.34% |
| 2013-03-31 | Rs5.31 Billion ≈ $57.42 Million |
-27.19% |
| 2012-03-31 | Rs7.29 Billion ≈ $78.87 Million |
-27.78% |
| 2011-03-31 | Rs10.10 Billion ≈ $109.21 Million |
+8.00% |
| 2010-03-31 | Rs9.35 Billion ≈ $101.12 Million |
+108.04% |
| 2009-03-31 | Rs4.49 Billion ≈ $48.61 Million |
+0.45% |
| 2008-03-31 | Rs4.47 Billion ≈ $48.39 Million |
+81.97% |
| 2007-03-31 | Rs2.46 Billion ≈ $26.59 Million |
+280.07% |
| 2006-03-31 | Rs646.97 Million ≈ $7.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jai Balaji Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 932000000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs1.82 Billion | 8.59% |
| Other Components | Rs28.74 Billion | 135.28% |
| Total Equity | Rs21.25 Billion | 100.00% |
Jai Balaji Industries Limited Competitors by Market Cap
The table below lists competitors of Jai Balaji Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gujarat Ambuja Exports Limited
NSE:GAEL
|
$772.57 Million |
|
FastPartner AB (publ)
ST:FPAR-A
|
$772.63 Million |
|
Auto Partner SA
WAR:APR
|
$772.89 Million |
|
Guangzhou Hexin Instrument Co Ltd
SHG:688622
|
$773.04 Million |
|
Mid Penn Bancorp
NASDAQ:MPB
|
$772.00 Million |
|
Ningbo Homelink Eco-iTech Co. Ltd.
SHE:301193
|
$772.00 Million |
|
EST Tools Co Ltd
SHE:300488
|
$771.81 Million |
|
Peakstone Realty Trust
NYSE:PKST
|
$771.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jai Balaji Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,041,163,000 to 21,248,400,000, a change of 6,207,237,000 (41.3%).
- Net income of 5,578,800,000 contributed positively to equity growth.
- Share repurchases of 634,500,000 reduced equity.
- New share issuances of 634,500,000 increased equity.
- Other comprehensive income decreased equity by 21,457,251,000.
- Other factors increased equity by 22,085,688,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs5.58 Billion | +26.26% |
| Share Repurchases | Rs634.50 Million | -2.99% |
| Share Issuances | Rs634.50 Million | +2.99% |
| Other Comprehensive Income | Rs-21.46 Billion | -100.98% |
| Other Changes | Rs22.09 Billion | +103.94% |
| Total Change | Rs- | 41.27% |
Book Value vs Market Value Analysis
This analysis compares Jai Balaji Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.36x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.19x to 3.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs5.15 | Rs78.29 | x |
| 2007-03-31 | Rs19.58 | Rs78.29 | x |
| 2008-03-31 | Rs18.34 | Rs78.29 | x |
| 2009-03-31 | Rs15.67 | Rs78.29 | x |
| 2010-03-31 | Rs31.35 | Rs78.29 | x |
| 2011-03-31 | Rs31.67 | Rs78.29 | x |
| 2012-03-31 | Rs14.12 | Rs78.29 | x |
| 2013-03-31 | Rs10.28 | Rs78.29 | x |
| 2014-03-31 | Rs6.70 | Rs78.29 | x |
| 2015-03-31 | Rs-5.38 | Rs78.29 | x |
| 2016-03-31 | Rs-23.78 | Rs78.29 | x |
| 2017-03-31 | Rs-29.55 | Rs78.29 | x |
| 2018-03-31 | Rs-30.55 | Rs78.29 | x |
| 2019-03-31 | Rs-32.78 | Rs78.29 | x |
| 2020-03-31 | Rs-32.10 | Rs78.29 | x |
| 2021-03-31 | Rs-31.38 | Rs78.29 | x |
| 2022-03-31 | Rs-30.11 | Rs78.29 | x |
| 2023-03-31 | Rs7.91 | Rs78.29 | x |
| 2024-03-31 | Rs17.16 | Rs78.29 | x |
| 2025-03-31 | Rs23.29 | Rs78.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jai Balaji Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.78%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 1.83x
- Recent ROE (26.26%) is above the historical average (-0.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 41.93% | 6.34% | 1.76x | 3.75x | Rs206.55 Million |
| 2007 | 25.17% | 5.87% | 0.95x | 4.51x | Rs373.05 Million |
| 2008 | 26.95% | 9.08% | 0.58x | 5.08x | Rs758.42 Million |
| 2009 | 0.41% | 0.11% | 0.64x | 5.97x | Rs-431.10 Million |
| 2010 | 3.79% | 1.84% | 0.63x | 3.25x | Rs-581.09 Million |
| 2011 | 7.68% | 3.53% | 0.60x | 3.63x | Rs-234.60 Million |
| 2013 | -56.13% | -14.47% | 0.50x | 7.76x | Rs-3.51 Billion |
| 2014 | -150.62% | -16.90% | 0.48x | 18.62x | Rs-3.55 Billion |
| 2015 | 0.00% | -26.97% | 0.37x | 0.00x | Rs-3.87 Billion |
| 2016 | 0.00% | -56.54% | 0.31x | 0.00x | Rs-6.02 Billion |
| 2017 | 0.00% | -15.02% | 0.48x | 0.00x | Rs-1.32 Billion |
| 2018 | 0.00% | -10.74% | 0.74x | 0.00x | Rs-1.14 Billion |
| 2019 | 0.00% | -5.07% | 0.95x | 0.00x | Rs43.14 Million |
| 2020 | 0.00% | -4.06% | 0.95x | 0.00x | Rs514.51 Million |
| 2021 | 0.00% | -2.72% | 0.93x | 0.00x | Rs974.86 Million |
| 2022 | 0.00% | 1.02% | 1.58x | 0.00x | Rs2.14 Billion |
| 2023 | 10.40% | 0.94% | 2.07x | 5.32x | Rs22.17 Million |
| 2024 | 58.48% | 13.71% | 1.91x | 2.23x | Rs7.29 Billion |
| 2025 | 26.26% | 8.78% | 1.63x | 1.83x | Rs3.45 Billion |
Industry Comparison
This section compares Jai Balaji Industries Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $56,981,137
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jai Balaji Industries Limited (JAIBALAJI) | Rs22.22 Billion | 41.93% | 0.78x | $772.38 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About Jai Balaji Industries Limited
Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. The company provides TMT bars, cement, sponge iron, pig iron, ductile iron pipe, ferro chrome, billet, coke, sinter, 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, a… Read more