Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Jainam Ferro Alloys (I) Ltd. (JAINAM)
SME CapMetals stocks · SME cap · NSE
Jainam Ferro Alloys (I) Ltd. operates in Ferro Alloys, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals17 Oct 2026 · screener
Latest result25 May, 12:36 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
44NeutralSMA20 -13.4% / mo · MACD +
Stock trend: 45
Sector RS: 44
Sector 3M: -5.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
JAINAMD candles · FIT view-10.3%Latest close ₹199.00 on 2026-10-21
Bar
+3.6%
RSI
40
MACD hist
0.41
52W pos
21%
2026-10-21O ₹192.00H ₹199.00L ₹191.10C ₹199.00Vol 1,500 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
JAINAMNifty MetalNifty 500
- JAINAM
- -15.3%
- Nifty 500
- -5.0%
- Nifty Metal
- -4.9%
- Vs Nifty 500
- -10.3 pp
Chart stats
21 Oct 2026- From 52W high
- -38.4%
- 52W range position
- 19%
- ATR (14)
- 3.7%
- Volume vs 20D
- 0.74x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹191.1 - ₹226.8
₹322.9
₹169 - ₹322.9
₹7.5
Latest completed session
20-session average
61.9% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED25
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad12
Revenue +7.7% · PAT NDF YoY
Technical
Neutral44
Price trend and sector-relative-strength timing.
Valuation
Legacy model-2.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence58
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Bad · 12/100margin compression · Rev +8% YoY
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹98 Cr | +7.7% | -9.3% |
| EBITDA | ₹1 Cr | NDF | -85.7% |
| Operating margin | 1.4% | NDF | -560 bps |
| PAT | ₹1 Cr | NDF | -80.0% |
| PAT margin | 1.0% | NDF | -361 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 37.90
- P/B
- 1.62
- EV/EBITDA
- 19.92
- Market Cap
- 237.00Cr
Profitability
- ROE
- 4.47%
- ROCE
- 6.75%
- ROA
- 3.47%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 24.00%
- EPS 5Y
- 24.00%
- Revenue 3Y
- 15.00%
- EPS 3Y
- 15.00%
Balance Sheet
- Debt/Equity
- 0.15
- Interest Coverage
- 4.50×
- Altman Z
- 4.95
- Book Value
- 125.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- 30.00 Cr
- EPS TTM
- 5.57
Shareholding
- Promoter Hold
- 66.25%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 23%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 98.0-9.3% vs prev
Net Profit
₹ CrLatest: 1.0-80.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term trend unclear. RSI 40.
- SMA20 falling (~15.5% over last month) — short-term momentum negative.
- RSI(14) at 40 — sideways, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 36% off 52W high · 18% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
18
RS percentile
Stage 4 Downtrend
1M return
-11.5%
3M return
-30.2%
6M return
-28.9%
1Y return
-
RS 1D
+3
RS 20D
-29
Sector rank
#6
Industry rank
#19
Stage evidence
- Price is 17.4% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -3.7%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
unavailable
Sector
neutral
Industry
leading
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
126 observations
21 Oct 2026Value 80.94-0.07%
RS vs Nifty 50081
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth11/25
Quality0/20
Balance Sheet9/15
Cash Flow1/10
Piotroski
7/9 (+5)
Penalties
-3
Raw sum
25
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
25/100 · legacy band OVERVALUED
Positive drivers
- Piotroski is strong at 7/9.
- Balance sheet contributes 9/15 to the score.
- Growth contributes 11/25 to the score.
Main drags
- Penalty bucket subtracts 3 points.
- Fair-value margin of safety is negative at -2.7%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
37.9
PB
1.6
EV/EBITDA
19.9
ROE
4.5%
ROCE
6.8%
FCF Yield
—
Debt/Equity
0.1
MoS
-2.7%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
25
Previous: 25
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-2.7%
Previous: -3.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
24
24
24
25
25
25
25
25
25
25
25
25
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹125.16
-59.0% MoS
Growth-justified P/E
34.8
Growth-justified Value
₹193.84
-2.7% MoS
PEG
1.86
Comparable companies
Peers
Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
IMFA
Micro
Indian Metals & Ferro Alloys Limited
Metals
match 66
69
12.2
16.8%
+67%
UNDERVALUED
OWAIS
SME
Owais Metal and Mineral Processing Ltd.
Metals
match 61
18
81.8
1.5%
-17249%
OVERVALUED
CUBEXTUB
Small
Cubex Tubings Limited
Metals
match 59
32
31.5
9.4%
-27%
WATCHLIST
CENTEXT
Small
Century Extrusions Limited
Metals
match 56
55
15.6
14.0%
+54%
FAIR VALUE
GEEKAYWIRE
Small
Geekay Wires Limited
Metals
match 53
69
10.6
19.0%
+70%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Jainam Ferro Alloys (I) Ltd. operates in Ferro Alloys, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
58Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 22nd percentile of the scored universe and 23rd percentile within Metals. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 1 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
22nd percentile
overall median 67 · Metals: 23rd pctile, median 70 · SME: 24th pctile, median 64
Evidence depth
Financial-only
2 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
68
acceptable · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
48
watch · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 66.3%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Promoter holding fell 7.2%.
- ▸Only 0 years of positive FCF.
- ▸ROCE is low at 6.9%.
- ▸ROE is low at 4.7%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Jainam Ferro Alloys (I) Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.