JBIL Q1 FY27 earnings call transcript filed with BSE

JBIL posted Q1 FY27 revenue of INR1,683 crores (up 24% YoY), adjusted EBITDA INR154 crores (up 46% YoY), and PAT INR85 crores (up 21% YoY). DI pipe capacity utilization was around 30% as government ordering stayed weak. Net term debt fell sharply to INR188 crores from INR3,408 crores in FY21. Management expects DI pipe demand to revive post-monsoon as Jal Jeevan Mission 2.0 funds (INR8.69 lakh crore outlay) are released. Ferroalloy segment is strong with margins guided at 15-20%. Capex revised to INR1,112 crores, mostly complete. Management declined to give volume guidance or FY28/30 turnover targets.