JAINREC share price, P/E, ROE & financials

As of 6 Nov 2026, Jain Resource Recycling trades at 27.8× trailing earnings, above the industry P/E of 11.5×, and the shares are 52% below their 52-week high. It earns ROCE of 35% and ROE of 31%, and sales and net profit grew 45% and 57% a year over 3 years. Debt is 0.82× equity. It is a small-cap company with a market cap of ₹9,887 Cr, ranked 5th of 22 Other Industrial Metals & Mining companies by market cap; the shares fell 26% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹280.25
Day high: ₹289.45
Day low: ₹275.00
Prev. close: ₹280.25
Volume: 7.6 L

Health check

2 good · 2 fair · 2 to check

ReturnsIn line
−25.7% over a year, better than 3 of 7 peers.
Price tagPricier
P/E 27.8 vs industry 11.5.
GrowthStrong
Sales +45.4%, profit +56.5% a year over 3 years.
ProfitabilityStrong
ROCE 35.5% vs peer median 20.7%.
Balance sheetFair
Debt 0.82× equity, interest covered 6.0×, Piotroski 4 of 9.
Red flags2 to check
P/E of 27.8 against an industry P/E of 11.5.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Other Industrial Metals & Mining

21 listed peers. Screen the industry

Small cap

₹9,887 Cr, #5 of 22 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹10,718 Cr · profit ₹339 Cr

Market cap: ₹9,887 Cr; Small cap
P/E: 27.8; Industry 11.5
Price to book: 6.33; Peers 2.21
Dividend yield: 0.00%
ROE: 30.8%; Peers 27.8%
ROCE: 35.5%; Peers 20.7%
Debt to equity: 0.82; Debt ₹1,276 Cr
EPS (TTM): ₹10.32; Face value ₹2
OPM (TTM): 4.5%; Net margin 3.1%
Sales growth: +57.9%; Latest quarter vs a year ago
Profit growth: −8.3%; Latest quarter vs a year ago
Price to sales: 0.92; EV/EBITDA 17.9

Strengths

Return on equity of 30.8%.
Return on capital employed of 35.5%.
Quarterly sales up 57.9% on a year ago.

Risks to check

P/E of 27.8 against an industry P/E of 11.5.
52% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Jain Resource Recycling

Jain Resource Recycling Limited engages in the recycling scraps of non-ferrous metals, and non-metallic materials in India and internationally. The company offers lead and lead alloy ingots, copper and copper alloys and ingots, and aluminum and aluminum alloys. It also engages in the non-ferrous metals and other commodities; processing of precious metals, such as gold and silver; and manufactures zinc products. In addition, the company offers copper…

Headquarters: Chennai
Employees: 1,793
Sector: Basic Materials
ISIN: INE0YD401026
Website: jainmetalgroup.com

Price range

52 weeks

₹264.30₹593.95

Today

₹275.00₹289.45

Avg volume (3M): 12.3 L
1-year return: minus 25.7%
From 52-week high: minus 51.8%

Peers · Other Industrial Metals & Mining

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
HINDZINCHindustan Zinc	568.10	minus 0.46%	2,40,040	11.5	10.6	62.0%	53.4%	0.22	5.6%	plus 20.6%
VEDLVedanta	261.75	minus 0.78%	1,02,208	9.2	4.0	21.3%	28.7%	1.34	−19.2%	minus 48.1%
CMPDICentral Mine Planning & Design Institute	177.28	minus 3.82%	12,653	18.8	14.4	34.6%	34.2%	0.00	18.7%	plus 15.1%
VOGLVedanta Oil and Gas	30.74	minus 2.26%	12,001	18.0	–	4.1%	7.3%	0.15	161.8%	minus 14.8%
JAINRECJain Resource Recycling	286.50	plus 2.23%	9,887	27.8	19.4	35.5%	4.5%	0.82	45.4%	minus 25.7%
IMFAIndian Metals & Ferro Alloys	1,106.50	minus 2.22%	5,970	10.4	10.2	18.5%	23.8%	0.35	1.9%	minus 8.0%
MOILMOIL	215.71	minus 1.41%	4,389	14.9	8.7	–	20.0%	–	3.2%	minus 39.9%
ASHAPURMINAshapura Minechem	416.30	minus 3.90%	3,977	9.8	9.1	20.1%	7.6%	0.88	42.4%	minus 34.9%
Median of 7 peers	–	−2.22%	12,001	11.5	9.7	20.7%	23.8%	0.29	5.6%	−14.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
2,114	2,775	3,105	2,724	3,337
1,957	2,580	2,999	2,619	3,204
157	195	106	105	133
7.4%	7.0%	3.4%	3.9%	4.0%
5.9	5.1	9.4	7.9	12.8
27.5	25.8	26.2	18.9	20.8
–	–	–	–	−2.3
135	174	88.7	94.1	123
26.6%	25.8%	25.6%	26.0%	26.1%
99.3	128	66	69.5	91
2.88	3.66	1.91	2.02	2.63

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +45.4%
Profit CAGR 3Y: +56.5%
ROE: 30.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
3,060	4,414	6,369	9,412
–	+44.2%	+44.3%	+47.8%
2,933	4,183	5,996	8,847
127	231	373	565
4.2%	5.2%	5.9%	6.0%
39.8	39.8	26.4	18.2
30.4	53.3	74	95.7
13.5	15.7	15.7	14.5
0.4	12.7	−6.4	2.7
124	215	303	476
25.7%	23.7%	26.8%	26.0%
91.8	164	222	352
–	+78.4%	+35.4%	+58.8%
–	–	6.43	10.39

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
40	41	64.7	69
159	328	661	1,492
739	914	928	1,276
178	245	182	545
1,116	1,529	1,836	3,382
80.1	82	108	186
5.9	2.7	19.3	72.2
0.1	2.1	7.1	2.9
5.5	95.7	33.8	214
1,024	1,346	1,668	2,907
1,116	1,529	1,836	3,382

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10.9	33.4	3.8	−591
−8.7	−93.4	−26.2	−79.3
3.2	136	−35.4	716
5.4	75.9	−57.8	46.1
−22.1	−29.1	−39	−103
−11.2	4.2	−35.1	−694

Shareholding pattern

Source: NSE filings

73.6%

promoters

Promoters73.59%
Public26.41%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	73.59%	26.41%	0.00
30 Jun 2026	73.59%	26.41%	0.00
31 Mar 2026	73.59%	26.41%	0.00
31 Dec 2025	73.59%	26.41%	0.00
30 Sep 2025	73.59%	26.41%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you