Jay Bee Laminations Limited — Investor Meet, 05-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Jay Bee Laminations saw H1 FY26 revenue surge 40-45% and volumes rise 12%. Profits dipped due to consuming high-cost inventory, but management says the worst is over, with inventory now lean (49 days) and margins set to recover. They target 12% long-term EBITDA post market stabilization.

New growth engines include transformer manufacturing (INTELLICORE) and EPC power sector projects. EPC has secured a ~INR220-225 Cr order book (ex-GST) with 8-10% EBITDA outlook. CRGO capacity expands to 24,000 MTPA by December. The company's vision is to be an integrated power sector player, with strong demand seen for 2-3 years. Debt stands at INR43 Cr. Management is confident in long-term strategy despite short-term raw material headwinds.