Jain Resource Recycling

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA- by CRISIL.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 76% and profit rose 21% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 74% of the company, about the same as in Sep 2025.
• ValuationCheap vs its pastThe share trades at 26.6 times its yearly earnings (P/E), cheaper than 97% of the time in the last 1 years. Its usual P/E is about 42.

Jain Resource Recycling against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)26.6 against a typical 20.9: pricier than most peers (1st = cheapest).5th of 6
• Sales growth+75.9% against a typical +56.2% from a year earlier.2nd of 5
• Profit growth+21.1% against a typical +28.6% from a year earlier.4th of 5
• Share price, 3 months−16.5% against a typical −16.4%.4th of 5
• Size₹ 10,012.7 Cr. market value against a typical ₹ 2,251.4 Cr. (1st = largest).2nd of 6

Exchange filings and their impact on the company.

• 16 Oct 2026Giving guarantees/indemnity/ becoming a surety for third partyLow impactNeutralPrice −1.4% on 19 Oct
  Company guaranteed Rs 150 crore of loans for its wholly-owned subsidiary.

  On October 16, 2026, Jain Resource Recycling said it gave corporate guarantees totalling Rs 150 crore for its wholly owned subsidiary Jain Green Technologies Private Limited to secure the subsidiary's bank credit facilities. The guarantees were approved by the Borrowing and Investment Committee on October 13, 2026. It supports the subsidiary's borrowing capacity but creates a contingent liability for the parent if the subsidiary defaults.

  Full analysisFiling
• 15 Oct 2026Outcome of Board MeetingLow impactPositivePrice +2% that day
  Board approved widening MoA to allow vending-machine and broad trading businesses, subject to shareholder vote.

  On October 15, 2026, Jain Resource Recycling's board approved altering its Memorandum of Association to add vending-machine manufacturing, IoT and payment solutions, and broad trading in commodities, metals, electronics and consumer goods. The change needs shareholder approval via postal ballot through remote e-voting. It enables diversification beyond metal recycling but carries no announced investment or revenue target, so near-term impact is limited to initial setup.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Kamlesh Jain

Executive Chairman of the Board, Managing Director

Hemant Shantilal Jain

Chief Financial Officer, Executive Director

Aravindkumar V.

Compliance Officer, Company Secretary

Mayank Pareek

Joint Managing Director, Executive Director

Sanchit Jain

Additional Executive Director