| Revenue growth | Revenue +58% YoY Q2; +65% H1 |
|---|---|
| Margins | Q2 EBITDA margin 4.2% vs 7.6% YoY; up QoQ |
| Demand visibility | Copper demand strong; no quantified visibility |
| Management confidence | Confident in profitability improvement; no figures |
Growth
Copper volumes +74% YoY in Q2. H1 operating cash flow Rs 137 Cr; working capital days cut to 49 from 66.
Outlook
No numeric guidance. Antimony and plastic plants target Q3 FY27; copper cathode targeted Q4 FY27; Kuwait delayed.
Risks
H1 EBITDA margin down 273 bps YoY; copper VAP under-absorption; West Asia shipping disruption delays Kuwait project.
Last quarter's promises, checked
Partly delivered
- EBITDA margin ~4% Q1 → 4.2% Q2, up sequentially only (= PARTIAL)
- Antimony & plastic plants Q3 FY27 → still Q3 target, not yet due (= PARTIAL)
Missed
- Copper cathode Phase-1 Q2 FY27 (1,500 MT/mth) → now Q4 FY27 (= MISS)
- Kuwait contribution from Q3 FY27 → delayed, no new date (= MISS)
- FY27 copper margin improvement → Q2 EBITDA margin 4.2% vs 7.6% YoY (= MISS)
Investor Presentation filed with BSE, NSE: JAINREC. Summary written with AI assistance from the document.
Jain Resource Recycling Ltd: key numbers
- Share price
- ₹279.80
- Market cap
- ₹9,656 Cr
- Revenue (annual)
- ₹9,543 Cr
- Net profit (annual)
- ₹348.8 Cr
- P/E (TTM)
- 27.5×Sector 17.1×
- Promoter holding
- 73.59%+0.00% QoQ
- FII holding
- 0.79%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Jain Resource Recycling Ltd
All →Jain Resource Recycling Production Started
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- copper cathode production capacity
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Jain Resource Recycling Q2 FY27 Results: Net Profit ₹90.6 Cr, Down 8.1% YoY
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- Key figure
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- Value
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