Jain Resource Recycling Limited · NSE:JAINREC
Jain Resource Recycling — H1 FY26 Earnings Presentation
37 slides from Jain Resource Recycling's earnings presentation, Oct 22, 2025
Slide 1: Exchange filing cover letter for investor presentation
October 22, 2025 BSE Limited The National Stock Exchange of India Ltd Dept. of Corporate Services (Listing) Listing Department, 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor, Rotunda Building, P J Towers Plot No.C/1, G Block, Dalal Street, Mumbai – 400 001, Bandra Kurla Complex, Bandra (Eas
Slide 2: Jain Resource Recycling Limited Investor Presentation Q2 & H1 FY26
Jain Resource Recycling Limited Investor Presentation Q2 & H1 FY26
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jain Resource Recycling Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 4: H1 & Q2 FY26 performance highlights
H1 & Q2 FY26 performance highlights
Slide 5: H1 FY26 performance highlights
H1 FY26 performance highlights Commenting on the performance, Mr. Kamlesh Jain – Chairman & Managing Director said: “I would like to extend my sincere gratitude to all our investors for the overwhelming response and the trust they have placed in Jain Resource Recycling Limited. The successful listin
Slide 6: H1 FY26 financial highlights
H1 FY26 financial highlights Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) +26.8% +37.3% +38.2% 3,663.0 250.1 155.1 2,888.6 182.1 112.2 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 EBITDA Margin (%) PAT Margin (%) +52 bps +35 bps 6.8% 4.2% 6.3% 3.9% H1FY25 H1FY26 H1FY25 H1FY26 5
Slide 7: H1 FY26 financial highlights (segmental)
H1 FY26 financial highlights Segmental Revenue (Rs. Crores) Copper & Copper Ingots Lead & Lead Alloy Ingots Aluminium & Aluminium Alloys +13.9% +46.8% +115.0% 1,697.8 1,740.1 154.5 1,491.1 1,185.1 71.9 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 Segmental EBITDA (Rs. Crores) & EBITDA Per Tonne (Rs.) C
Slide 8: Q2 & H1 FY26 profit and loss account statement
Q2 & H1 FY26 profit and loss account statement Notes - Loss before tax from discontinued Particulars (INR Crs) Q2FY26 Q2FY25 Y-o-Y (%) Q1FY26 Q-o-Q (%) H1FY26 H1FY25 Y-o-Y (%) operation Revenue from Operations 2,113.7 1,392.1 52% 1,549.3 36% 3,663.0 2,888.6 27% Cost of Goods Sold 1,879.3 1,255.5 1,3
Slide 9: Balance sheet statement – September 2025
Balance sheet statement – September 2025 Particulars (INR Crs) Sep-25 Mar-25 Particulars (INR Crs) Sep-25 Mar-25 Property, Plant & Equipments 71.2 71.6 Share Capital 69.0 64.7 Capital Work-in-progress 5.9 3.2 Other Equity 1,297.6 661.4 Right-of-use Assets 21.6 16.8 Non Controlling Interest -2.8 -1.3
Slide 10: Cashflow statement – September 2025
Cashflow statement – September 2025 Particulars (INR Crs) Sep-25 Mar-25 Sep-24 Net Profit Before Tax 211.4 304.6 152.5 Adjustments for: Non - Cash Items / Other Investment or Financial Items -32.3 58.4 6.3 Cash generated from operations before working capital changes 179.0 363.0 158.8 Changes in wor
Slide 11: Company overview
recycle today. greener tomorrow METAL GROUP Company overview
Slide 12: Company at a glance
Company at a glance One of India’s largest and fastest-growing non-ferrous metal recycling companies, with a Product Portfolio legacy spanning over seven decades Lead & Lead Alloy Ingots 1953 2013 +1 lakh LME Constituted as a partnership Commenced of operations MPTA of combined actual Among the only
Slide 13: Journey so far
Journey so far 1953 2013 2022 2025 • Our Company was originally • Commencement of • Conversion of Jain Metal Rolling Mills • The company successfully constituted as a partnership operations by setting up from a partnership firm to a private raised Rs. 1,250 Crores (Rs. firm in the year 1953 under a
Slide 14: Awards and certifications
Awards and certifications Awards MSME Chamber of Industry outlook MSME Chamber of MCX awards Times business awards DGEMS 2024 Indian institute of commerce & industry Top 10 metal commerce & industry of India Leading hedger – north 2025 Forbes D Globalist metals of India recycling companies Fastest g
Slide 15: Strong management team
Strong management team Hemant Shantilal Jain Sanchit Jain Kamlesh Jain Mayank Pareek Executive Director & Additional Director Chairman & Managing Director Joint Managing Director Chief Financial Officer (Executive) • Experience of 30+ years in the metal industry • Experience of 10+ years in the meta
Slide 16: Our core competencies
Our core competencies 01 Strategically located Recycling Facilities having Multi product processing capability 02 Diversified product portfolio Strong customer base in 20+ countries & supplier 03 base in 120+ countries with global footprint 04 Deep sourcing capabilities 05 In house tech and quality
Slide 17: 1. Strategically located recycling facilities
1. Strategically located recycling facilities …having multi product processing capabilities End-to-end 4* 40 Cross-facility recycling processes Recycling Facilities Acres of land utilization of our by products Raw material Authorised production quantity Map of Chennai District Copper Products 20,400
Slide 18: 2. Diversified product capabilities
2. Diversified product capabilities Lead & Lead Alloy Ingots Copper & Copper Ingots Aluminum & Aluminium Ingots Plastics Aluminium Alloy Ingot Plastic scrap from lead batteries is recycled into PP/PVC granules, used in Various grades of primary alloys- XSB, LM6, manufacturing pipes, cables, and appa
Slide 19: 3. Strong customer base with global footprint
3. Strong customer base with global footprint… Export revenue Revenue split (%) Country wise revenue Split (%) 6% 4% 21% 37% H1FY26 H1FY26 37% 63% 32% Export Domestic India China Others Singapore South Korea Total revenue from top customers (%)* Company has exported End use sectors includes electric
Slide 20: …with long standing relationship with marquee customers
…with long standing relationship with marquee customers Lead Copper - Jintain Aluminium 3.5 And many more…… Note: The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only 19
Slide 21: 4. Deep sourcing capabilities
4. Deep sourcing capabilities Deep sourcing network across the globe RM sourcing split (%)* RM sourcing – import split (%)* 28% 39% 43% H1FY26 H1FY26 61% 15% 6% 5% 3% Imports Domestic United States Brazil Domincan Republic Kuwait Malaysia Others Company has imported Cost of RM from top suppliers (%)
Slide 22: 5. In-house technology & quality testing
5. In-house technology & quality testing Facilities Equipped with Modern Machinery and Equipment…. Metal scrap is passed through a magnetic roller with conveyor belt. The magnet Magnetic Separation installed segregates iron from other metals and impurities. Under this method copper granules are sepa
Slide 23: 6. Hedging mechanism for commodity price risk protection
6. Hedging mechanism for commodity price risk protection for products Our business operations are directly impacted Price increase or decrease in these metals by fluctuations in the prices of base metals can significantly affect our profitability traded on the London Metal Exchange Safeguarding fina
Slide 24: Growth drivers
recycle today. greener tomorrow. JAIN METAL GROUP Growth drivers
Slide 25: Industry advantages and growth prospects
Industry advantages and growth prospects Advantages Supportive provisions on metal recycling Aluminium recycling process consumes up to 95% less energy than producing National Critical Mineral Mission Policy (2025) aluminium from virgin raw material Extended Producer Responsibility (EPR) framework f
Slide 26: Medium term growth strategies - forward integration into copper cathode
Medium term growth strategies - forward integration into copper cathode Expand our horizon into copper cathode, wire rod and copper busbar manufacturing, using finished products from our recycling facilities as feedstock, with electrolytic refining producing high-quality copper cathodes and wire rod
Slide 27: Long-term growth strategies
Long-term growth strategies Our growth strategy emphasizes expanding manufacturing capacity and diversifying our operations through strategic entry into niche recycling verticals Joint venture Acquiring scrap yards Exploring New Recycle domains Joint venture with a reputed scrapyard company To ensur
Slide 28: Continuing focus on sustainability and ESG principles
Continuing focus on sustainability and ESG principles Continue to invest in technologies and systems Contribute to the broader Recycling of non-ferrous that optimize our recycling societal goal of promoting metal scrap shall be processes and minimize equity and long-term eligible for EPR points wast
Slide 29: Beyond business: our responsibility towards society
Beyond business: our responsibility towards society At Jain Metal Group, we are deeply committed to empowering communities by enabling access to opportunities that can shape brighter futures. Supporting education by transforming 15 government schools in Empowering underprivileged women through the S
Slide 30: Historical financials
q JAIN METAL GROUP Historical financials
Slide 31: Financial performance (1/2)
Financial performance (1/2) Revenue (Rs. Crores) EBITDA (Rs. Crores) Profit after Tax (Rs. Crores) 7,126 369 224 +52% +56% +72% 164 4,428 227 3,064 92 124 FY23 FY24 FY25* FY23 FY24 FY25* FY23 FY24 FY25* Revenue Mix (%) EBITDA Margin (%) PAT Margin (%) Domestic Export 5.1% 5.2% 3.7% 3.0% 3.1% 4.1% 40
Slide 32: Financial performance (2/2)
Financial performance (2/2) Return on Capital Employed (%) Fixed Asset Turnover Ratio (x) Working Capital (No. of Days) 67 days 55 days 38 days 52 days 24.2% 83.4 20.8% 19.1% 63.7 57.8 47.9 12.3% 66 FY23 FY24 FY25* H1FY26^ FY23 FY24 FY25* H1FY26 44 40 Return on Equity (%) Net Debt to Equity Ratio (x
Slide 33: Consolidated profit and loss account statement
Consolidated profit and loss account statement Particulars (INR Crs) H1FY26 FY25* FY24 FY23 Revenue from Operations 3,663.0 7,125.8 4,428.4 3,064.1 Cost of Goods Sold 3,272.4 6,531.1 4,009.5 2,787.9 Gross Profit 390.5 594.6 418.9 276.1 Gross Profit Margin 10.7% 8.3% 9.5% 9.0% Employee Cost 17.6 30.7
Slide 34: Consolidated balance sheet statement
Consolidated balance sheet statement Particulars (INR Crs) Sep-25 Mar-25 Mar-24 Mar-23 Particulars (INR Crs) Sep-25 Mar-25 Mar-24 Mar-23 Property, Plant & Equipments 71.2 71.6 64.7 58.4 Share Capital 69.0 64.7 41.0 40.0 Capital Work-in-progress 5.9 3.2 0.0 0.0 Other Equity 1,297.6 661.4 328.1 159.1
Slide 35: Consolidated cash flow statement
Consolidated cash flow statement Particulars (INR Crs) Sep-25 Mar-25 Mar-24 Mar-23 Net Profit Before Tax 211.4 304.6 214.6 123.6 Adjustments for: Non - Cash Items / Other Investment or Financial Items -32.3 58.4 34.0 14.4 Cash generated from operations before working capital changes 179.0 363.0 248.
Slide 36: IPO listing
IPO listing October 2025 ● Listing date: 01st October 2025 ● Total IPO size Rs. 1,250 Crores of which Fresh issue was Rs. 500 Crs. ● Utilisation of IPO proceeds: ● Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company ● General Corporate Purpose Li
Slide 37: Contact Information
Contact Information Company : Jain Resource Recycling Limited CIN: U27320TN2022PLC150206 Mr. Bibhu Kalyan Rauta cs@jainmetalgroup.com E: cs@jainmetalgroup.com T: +91 44 4340 9494 www.jainmetalgroup.com www.jainmetalgroup.com Investor Relations Advisor : Strategic Growth Advisors Pvt. Ltd. CIN: U7414
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