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NSE:JAINREC

JAIN RESOURCE RECYCLING L

Metals & Mining › Diversified Metals·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹283.65
at close · 27 Oct 2026
▲ 2.25 (+0.80%)

Latest filings

  1. Postal Ballot Notice - Director Appointments and MoA Amendment · Compliance
  2. Corporate guarantee of Rs.150 crore given for wholly owned subsidiary · Credit & Debt
  3. Postal Ballot: 2 Director Appointments and Objects Clause Change · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Recycles non-ferrous metals — copper, lead, and aluminium — into ingots and downstream products. Copper and copper ingots contributed 55.1% of FY26 segment revenue, lead and lead alloy ingots 40.0%, aluminium and aluminium alloys 3.9%, and others 1.0%. Operations centre on the Gummidipoondi industrial complex in Tamil Nadu, where a copper anode line of 800 MT/month reached full commercial production in July 2026, with cathode, wire rod and bus bar lines scheduled to commission through Q2-Q3 FY27. Lead is currently running at about 97% capacity utilisation while copper operates at 65%. The cost structure is dominated by raw material (scrap) inputs at 96.6% of revenue, leaving a 5.9% FY26 EBITDA margin. Exports account for 62% of FY26 sales and domestic 38%, with FY26 revenue of ₹9,543 crore and FY27 capex guided at ₹115-120 crore.

Revenue mix · reported segments
Copper & Copper Ingots55.1%
Lead & Lead Alloy Ingots40.0%
Aluminium & Aluminium Alloys3.9%
Others1.0%
Operating scale
Copper anode capacity
800 MT/month (phase 1 operational), +800 MT/month phase 2 by Q1 FY27FY26-FY27
Copper cathode planned capacity
1,500 MT/monthQ2-Q3 FY27
Copper wire rod planned capacity
600 MT/monthAug 2026
Copper bus bar planned capacity
1,500 MT/monthSep 2026
Lead capacity utilisation
~97%FY26
Copper capacity utilisation
65%FY26
Who pays it
Industrial buyers of recycled non-ferrous metals; 62% of FY26 sales were exports and 38% domestic
Biggest cost
Raw material (scrap metal) purchases at 96.6% of FY26 revenue
Kind of business
Non-ferrous metals recycling with a raw-material-dominated cost structure
Where it sits
India-based non-ferrous metals recycler operating from Gummidipoondi, Tamil Nadu, with copper and lead value chains
Market Cap
₹9,788 Cr
P / E (TTM)
26.6×
EV / EBITDA
18.1×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
35.5%▲
ROCE (FY26)
ROE 22.3% · margin 6.2%
Leverage
0.82·
Debt / Equity · moderate
Net debt ₹1,202 Cr
Moves on a normal day
1.66%·
Median daily move
Last 262 sessions · the yardstick for filing-day moves
Where it sits among 77 Metals & Mining peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#48/67
P/B#57/70
ROCE#5/77
ROE#12/70
Debt / Equity#57/70
EBITDA margin#54/70
Revenue growth#12/72
Profit growth#41/72

Scorecard

Measured from the filed financials, judged against its Metals & Mining peers · as of FY26 — not investment advice

Strengths
Returns on capital 35.5%
#5 of 77 in Metals & Mining on the latest reported figures
Concerns
Carries more debt than its peers — 0.82× equity
higher than 81% of its 70 Metals & Mining peers

Charts

How has the market priced it — with filings on the timeline?

JAINREC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from JAIN RESOURCE RECYCLING L's filed financials and exchange disclosures

What does JAIN RESOURCE RECYCLING L do?

JAIN RESOURCE RECYCLING L is a Diversified Metals company listed on NSE and BSE, trading under the symbol JAINREC.

Is JAIN RESOURCE RECYCLING L profitable?

Yes. Over the trailing twelve months JAIN RESOURCE RECYCLING L reported a net profit of ₹360 Cr on revenue of ₹10,718 Cr.

Does JAIN RESOURCE RECYCLING L pay a dividend?

Not in the latest reported year — JAIN RESOURCE RECYCLING L's dividend payout for FY26 was nil.

Is JAIN RESOURCE RECYCLING L debt-free?

No. It reported borrowings of ₹1,271 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,202 Cr after cash. Debt stands at 0.82× equity. That is higher than 81% of its 70 Metals & Mining peers.

Is JAIN RESOURCE RECYCLING L expensive compared with its peers?

On trailing P/E, JAIN RESOURCE RECYCLING L ranks 48 of 67 in Metals & Mining — cheaper than 29% of them, against an industry median of 16.6×. This is a position, not a valuation judgement.

How much does the JAIN RESOURCE RECYCLING L share price move in a day?

On a typical session JAIN RESOURCE RECYCLING L moves 1.66% — that is the median absolute close-to-close move across its last 262 trading days. MarketPing measures each filing's price reaction against it.

Where can I track JAIN RESOURCE RECYCLING L's announcements?

Every NSE and BSE filing by JAIN RESOURCE RECYCLING L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.