JAI BALAJI INDUSTRIES LTD.

Jai Balaji Industries Ltd announced key management changes following a Board Meeting on August 14, 2026. The company approved the appointment of Shri Babu Swadesh Sharma as an Additional Director and Whole Time Director for three years, effective September 15, 2026, subject to shareholder approval. Additionally, Shri Pradip Kumar Tibdewal and Shri Parthasarathi Mukhopadhyay were re-appointed as Non-Executive Independent Directors for a second term of five years, commencing April 16, 2027, and August 8, 2027, respectively, also pending shareholder consent. The board also approved the appointment of M/s. Mondal & Associates as the Cost Auditor for FY 2026-27. Concurrently, Shri Bimal Kumar Choudhary will cease to be a Whole-time Director and Director effective September 14, 2026, upon completion of his tenure.

Jai Balaji Industries Ltd announced its unaudited financial results for the first quarter ended June 30, 2026, following a Board Meeting held on August 14, 2026. The results were reviewed by the Audit Committee and approved by the Board. Additionally, the Board approved the appointment of Shri Babu Swadesh Sharma as an Additional Director and Whole Time Director, subject to shareholder approval. Re-appointments of Shri Pradip Kumar Tibdewal and Shri Parthasarathi Mukhopadhyay as Non-Executive Independent Directors were also approved. The company also appointed M/s. Mondal & Associates as Cost Auditor for FY 2026-27. Shri Bimal Kumar Choudhary will cease to be a Whole-time Director and Director effective September 14, 2026.

Jai Balaji Industries posted standalone revenue of ₹1,682.59 Cr, up 24.0% YoY from ₹1,357.17 Cr, and standalone PAT of ₹85.23 Cr, up 20.8% YoY from ₹70.55 Cr; EPS rose to ₹0.93 from ₹0.77. The company carries no subsidiary, associate or joint venture as of 30 June 2026, so standalone is definitionally the only basis it reports — there is no consolidated figure to reconcile against. No exceptional items hit this quarter's P&L. Profitability trailed the topline: operating margin (revenue less material, employee and other operating costs) came in at 9.00%, down from 9.36% a year ago, and net margin was roughly flat at 5.06% versus 5.14%, a mild ~36bps OPM compression that explains why PAT grew slower than revenue (21% vs 24%). Sequentially, PAT looks like it jumped 298.8% on a 3.6% revenue decline, but that swing is a base effect, not an inflection: Q4 FY26 (₹21.37 Cr PAT) absorbed a ₹3.31 Cr one-off Labour Code exceptional charge and posted the weakest OPM of the four quarters shown, at 5.28%, versus this quarter's clean, exceptional-item-free 9.00%. Management gives no formal guidance or prior outlook on record for this print, and no analyst consensus estimate for Q1 FY27 PAT could be confirmed via search — one analyst note flagged a ₹90 consensus target price (bull ₹110/bear ₹60) but no quarterly profit estimate — so both vsGuidance and vsStreet are genuinely unknown rather than assumed. Alongside the results, the company disclosed a ₹12.9 Cr tax demand order received on 1 July 2026 (a separate, subsequent matter from this quarter's ₹24.05 Cr tax provision), the appointment of Babu Swadesh Sharma — a 40-year steel-industry veteran with a turnaround and cost-leadership track record — as incoming Whole-time Director effective 15 September 2026, and the exit of Bimal Kumar Choudhary as Whole-time Director on completion of tenure effective 14 September 2026. The quarter sets up two things to watch: whether the OPM compression is a one-quarter dip or the start of a trend, and whether the incoming Whole-time Director's stated cost-optimisation background shows up in commentary or numbers from Q2 FY27 onward.

Jai Balaji Industries Ltd has announced a Board of Directors meeting scheduled for August 14, 2026. The primary agenda is to consider and approve the un-audited financial results for the first quarter ended June 30, 2026. Additionally, the company has closed its trading window from July 15, 2026, until 48 hours after the announcement of these financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Jai Balaji Industries Ltd has received an assessment order from the Income Tax Authority determining a tax liability of ₹12,89,53,937. The order, issued under section 158BC of the Income-tax Act, 1961, pertains to a block period from April 1, 2018, to November 30, 2024. The company is currently evaluating the order and plans to file an appeal with the appropriate authority. Jai Balaji Industries stated that it does not foresee any material impact on its financials, operations, or other activities at this time.

Jai Balaji Industries Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut for all designated persons and their immediate relatives starting from July 1, 2026. It will remain closed until 48 hours after the declaration of the company's un-audited financial results for the first quarter ending June 30, 2026. The specific date for the board meeting to consider these results will be communicated later.

Jai Balaji Industries Ltd has received an ESG rating of 52 for FY 2025 from ESG Risk Assessments and Insights Limited. The rating agency independently prepared the report based on publicly available information, and the company clarifies it did not engage the agency for this rating. This disclosure is made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

Jai Balaji Industries Ltd. has appointed M/s Agrawal Tondon & Co. as the Internal Auditor for the Financial Year 2026-27. Additionally, Shri Sanjiv Jajodia has been re-appointed as the Whole Time Director for a further period of 3 years, subject to shareholder approval. These decisions were made during a board meeting held on May 30, 2026, where the audited financial results for Q4 and the year ended March 31, 2026, were also approved.

Jai Balaji Industries Ltd's Board of Directors approved the audited financial results for the fourth quarter and year ended March 31, 2026, during its meeting on May 30, 2026. The board also approved the appointment of M/s Agrawal Tondon & Co. as the Internal Auditor for FY 2026-27 and the re-appointment of Shri Sanjiv Jajodia as the Whole Time Director for a further period of three years, subject to shareholder approval.

Jai Balaji Industries Ltd's Board of Directors approved the audited financial results for the fourth quarter and year ended March 31, 2026. The board also approved the appointment of M/s Agrawal Tondon & Co. as the Internal Auditor for FY 2026-27 and the re-appointment of Shri Sanjiv Jajodia as the Whole Time Director for a further period of 3 years, subject to shareholder approval.