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Earnings Call

Jain Resource Recycling Earnings Call: Key Takeaways

Jain Resource Recycling delivered landmark FY26 results with 48% revenue growth and 56% PAT growth. Management is aggressively expanding copper value-add capacity to improve long-term margins.

Why this was an Alfa AlertNot a filter event. Performance was strong but management did not explicitly state it beat prior guidance by >10%.
Highlights
Revenue growth48% YoY in FY26.
MarginsEBITDA margin improved to 5.9% in FY26; Q4 transient compression.
Demand visibilityStrong domestic demand and global sustainability trends.
Management confidenceHigh on structural recycling demand and forward integration.

Growth

FY26 Revenue: ₹9,543cr (+48% YoY). EBITDA: ₹559cr (+53%). PAT: ₹347cr (+56%). Volume growth: 26.5%.

Outlook

Capex of ₹115-120cr for FY27. Copper growth guided at >15%; Lead growth at 10-15%. Target EBITDA ₹30k-32k/ton.

Risks

Q4 margins impacted by LME copper price volatility, Iran-Israel conflict shipping disruptions, and higher fuel costs.

Source

Earnings Call filed with NSE, NSE: JAINREC. Summary written with AI assistance from the document.

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Jain Resource Recycling Ltd: key numbers

Share price
₹286.85
Market cap
₹9,899 Cr
Revenue (annual)
₹9,543 Cr
Net profit (annual)
₹348.8 Cr
P/E (TTM)
27.5×Sector 19.0×
Promoter holding
73.59%+0.00% QoQ
FII holding
1.23%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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