JAI BALAJI IND chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/A₹ (N/A)
Beta N/A
Market capitalization 5.27B
Operating cash flow 4.63B
ESG Scores unknown

Company description

Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. It provides sponge iron, pig iron, ductile iron pipe, ferro chrome, TMT, coke, and sinter, as well as ferro alloys, alloy and mild steel billets, reinforcement steel TMT bars, and wire rods. The company offers its TMT bars under the Balaji Shakti brand. Jai Balaji Industries Limited was incorporated in 1999 and is based in Kolkata, India.

Sector: Basic Materials - Industry: Steel

Financial Ratios
Quick Ratio0.13
Working Capital-0.02
Return On Equity-0.03
Debt To Equity-0.35
Fixed Asset Ratio-0
Fixed Interest Cover1.49

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 594.87M 427.16M 347.54M 418.28M
Total Cashflows From Investing Activities 74.21M -369.79M -395.27M -1.24B
Net Borrowings 1.36B -179.25M 208.7M -2.49B
Total Cash From Financing Activities -478.78M -2.5B -1B -3.51B
Change To Operating Activities -723.64M 1.41B 158.28M -487.54M
Issuance Of Stock 359.53M 359.53M
Net Income -1.54B -1.14B -758.22M 480.63M
Change In Cash -1.61M 39.28M 145.65M -124.27M
Effect Of Exchange Rate
Total Cash From Operating Activities 402.95M 2.91B 1.54B 4.63B
Depreciation 1.02B 966.98M 939.07M 913.25M
Change To Account Receivables 294.05M 1.4B 1.12B 936.69M
Other Cashflows From Financing Activities -1.83B -2.68B -1.21B -1.01B
Change To Netincome 833.55M 670.65M 935.65M 2.95B
Capital Expenditures -370.07M -370.07M -421.66M -1.27B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax -1.54B -1.14B -758.22M 480.63M
Net Income -1.54B -1.14B -758.22M 480.63M
Selling General Administrative 1.2B 1.15B 1.3B 1.09B
Gross Profit 6.58B 6.53B 6.96B 13.49B
Ebit -745.02M -607.02M 24.52M 1.47B
Operating Income -745.02M -607.02M 24.52M 1.47B
Interest Expense -1.1B -1.02B -874.76M -987.03M
Income Tax Expense
Total Revenue 30.77B 29.12B 27.85B 46.73B
Cost Of Revenue 24.19B 22.6B 20.89B 33.25B
Total Other Income ExpenseNet -791.78M -536.37M -782.74M -987.03M
Net Income From Continuing Ops -1.54B -1.14B -758.22M 480.63M
Net Income Applicable To Common Shares -1.54B -1.14B -758.22M 480.63M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 47.84B 46.37B 47.39B 46.32B
Total Stockholder Equity -15.8B -16.58B -17.33B -16.63B
Other Current Liabilities 1.14B 1.61B 2.44B 6.35B
Total Assets 32.04B 29.79B 30.06B 29.69B
Common Stock 963.83M 1.1B 1.1B 1.1B
Other Current Assets 2.72B 2.04B 1.81B 3.53B
Retained Earnings -22.86B -24B -24.75B
Treasury Stock 1.1B 1.1B 1.1B -17.73B
Cash 71.49M 110.77M 256.42M 221.11M
Total Current Liabilities 31.7B 39.75B 41.61B 40.45B
Other Stockholder Equity 1.1B 1.1B 1.1B -17.73B
Property, Plant, and Equipment 13.63B 12.96B 12.41B 12.17B
Total Current Assets 13.97B 12.44B 13.01B 12.92B
Net Tangible Assets -15.8B -16.58B -17.33B -16.63B
Net Receivables 6.22B 4.5B 3.95B 1.59B
Accounts Payable 6.7B 6.9B 7.5B 8.19B


Insider Transactions

Here are the insider transactions of stock shares related to JAI BALAJI IND:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Jajodia (Aditya)D2018-05-10Executive Chairman130k
Jajodia (Sanjiv)D2018-05-10Chief Financial Officer130k
Jajodia (Vedang)D2017-07-24Promoter5.55k
Jajodia (Vedang)D2017-07-14Promoter50k
Jajodia (Vedang)D2017-07-13Promoter50k
Keyal (Mahesh Kumar) HUFD2017-06-23UNREPORTED4.6M
Keyal (Mahesh Kumar) HUFD2017-05-30UNREPORTED1.9M
Shri Jaikapish Steel Pvt. Ltd.D2017-05-12Promoter6.25M
Shri Sankatmochan Steel Pvt. Ltd.D2017-05-12Promoter6.25M
Shri Sankatmochan Steel Pvt. Ltd.D2016-10-25Promoter2.1M
Jajodia (Preeti)D2016-07-04UNREPORTED49.8k
Jajodia (Preeti)D2016-07-01UNREPORTED99.5k
Jajodia (Preeti)D2016-06-30UNREPORTED201k
Jajodia (Preeti)I2016-06-30UNREPORTED
Hari Management LtdD2015-07-16Promoter1.6M
Jain Vanijya Udyog LtdD2015-06-12Promoter91k
Jajodia (Shashi)D2014-07-15Promoter3.75k
Jajodia (Shashi)D2014-07-14Promoter5k
Jajodia (Sangeeta)D2014-06-27Promoter11k
Jajodia (Shashi)D2014-06-27Promoter11.5k
Jajodia (Rina)D2014-06-26Promoter11k
Hari Management LtdD2013-08-05Promoter1.59M
Jajodia (Gaurav)D2012-12-21Director (Non-Executive)5k
Jajodia (Gaurav)D2012-12-18Director (Non-Executive)7k
Jajodia (Aditya)D2012-10-12Executive Chairman18.48k
Jajodia (Aditya)D2012-09-14Executive Chairman40.5k
Jajodia (Aditya)D2012-09-13Executive Chairman10k
Jajodia (Aditya)D2012-09-12Executive Chairman30k
Jajodia (Aditya)D2012-09-11Executive Chairman10k
Jajodia (Aditya)D2012-09-07Executive Chairman70k
Jajodia (Aditya)D2012-09-06Executive Chairman90k
Jajodia (Aditya)D2012-09-04Executive Chairman20k
Jajodia (Aditya)D2012-08-31Executive Chairman16.39k
Jajodia (Aditya)D2012-08-30Executive Chairman500
Jajodia (Aditya)D2012-08-28Executive Chairman15k
Jajodia (Aditya)D2012-08-27Executive Chairman10k
Jajodia (Aditya)D2012-08-24Executive Chairman15k
Jajodia (Aditya)D2012-08-23Executive Chairman5k
Jajodia (Aditya)D2012-08-22Executive Chairman6.1k
Jajodia (Aditya)D2012-08-21Executive Chairman21.85k
Jajodia (Aditya)D2012-08-17Executive Chairman15k
Jajodia (Aditya)D2012-08-16Executive Chairman41k
Jajodia (Aditya)D2012-08-14Executive Chairman12.76k
Jajodia (Aditya)D2012-08-10Executive Chairman26.78k
Jajodia (Aditya)D2012-08-09Executive Chairman6.37k
Jajodia (Aditya)D2012-08-08Executive Chairman7.29k
Jajodia (Aditya)D2012-08-06Executive Chairman8.36k
Jajodia (Aditya)D2012-08-03Executive Chairman35
Jajodia (Aditya)D2012-08-02Executive Chairman7.16k
Jajodia (Aditya)D2012-08-01Executive Chairman12.92k
Jajodia (Aditya)D2012-07-31Executive Chairman6.4k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to JAI BALAJI IND. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on JAI BALAJI IND

Here is the result of two systematic investment strategies applied to JAI BALAJI IND. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on JAI BALAJI IND

The following chart shows the equity curve of the two systematic investment strategies applied to JAI BALAJI IND:

JAI BALAJI IND automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 147.03% on the backtest period.

Performance at glance

Performance

147.03 %

Latent gain

3597.1 ₹

Invested capital

2446.5 ₹

Annualized return

34.84 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on JAI BALAJI IND

This is the result of two momentum investment strategies applied to JAI BALAJI IND. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on JAI BALAJI IND

The following chart shows all the entries opened by the momentum investment system on JAI BALAJI IND:

JAI BALAJI IND momentum entries
  • The first momentum investment strategy would give 141.25% of return on JAI BALAJI IND. That represents 7107.5₹ of latent gain with 5031.8₹ of employed capital.
  • The second momentum investment strategy would give 96.13% of return on JAI BALAJI IND. That represents 2808.95₹ of latent gain with 2922.05₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

141.25 %

Latent gain

7107.5 ₹

Invested capital

5031.8 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

96.13 %

Latent gain

2808.95 ₹

Invested capital

2922.05 ₹

Annualized return

25.7 %

Momentum equity curve on JAI BALAJI IND

The following chart shows the equity curve of the two momentum strategies applied to JAI BALAJI IND:

JAI BALAJI IND momentum equity

Note: the dividends potentially given by JAI BALAJI IND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on JAI BALAJI IND

The following chart shows the employed capital evolution of the two momentum strategies on JAI BALAJI IND since the beginning:

JAI BALAJI IND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on JAI BALAJI IND

Buy the dip entry openings on JAI BALAJI IND

JAI BALAJI IND

The performance achieved by the robo-advisor on JAI BALAJI IND is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows JAI BALAJI IND stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of JAI BALAJI IND, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to JAI BALAJI IND

The following chart shows the result of the investment strategy applied to JAI BALAJI IND:

JAI BALAJI IND

Note: the dividends potentially given by JAI BALAJI IND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on JAI BALAJI IND

The following chart shows the employed capital evolution since the beginning of the investment strategy on JAI BALAJI IND:

JAI BALAJI IND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on JAI BALAJI IND

In this section, I will compare the three previous investment strategies applied to JAI BALAJI IND.

Equity curve comparison on JAI BALAJI IND

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

JAI BALAJI IND investment strategy comparison

Employed capital comparison on JAI BALAJI IND

JAI BALAJI IND investment comparison

Performance comparison on JAI BALAJI IND

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 147.03% 3597.1₹ 2446.5₹ 34.84%
Momentum 1 quarter 141.25% 7107.5₹ 5031.8₹ 35.49%
Momentum 2 quarters 96.13% 2808.95₹ 2922.05₹ 25.7%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

34.84 %

Momentum 1Q

25.7 %

Momentum 2Q

25.7 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with JAI BALAJI IND:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between JAI BALAJI IND and the other stocks. There may be false positives or some missing correlated stocks. If the price of JAI BALAJI IND does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name JAI BALAJI IND
Country India
City Kolkata
Address 5, Bentinck Street
Phone 91 33 2248 9808
Website www.jaibalajigroup.com/jai_balaji_industries_limited.html
FullTime employees
Industry Steel
Sector Basic Materials
Exchange XNSE
Ticker JAIBALAJI.XNSE
Market

JAI BALAJI IND ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown