Kamlesh Jain of Jain Resource Recycling Forecasts 40-50% Growth in FY27, Driven by New Facilities
Loading more articles...
Jain Resource Recycling Targets 40-50% Growth in FY27 with New Facilities
C
CNBC TV18•11-02-2026, 14:52
Jain Resource Recycling Targets 40-50% Growth in FY27 with New Facilities
•Jain Resource Recycling expects to maintain 40-50% annual growth in FY27, driven by four new facilities.
•The company has consistently grown at 40-50% year-on-year for the past decade.
•Q3FY26 revenue surged 56% YoY to ₹2,775 crore; EBITDA rose to ₹198.51 crore with margins improving to 7.2%.
•New facilities include a recycling plant, a copper cathode plant, and additional copper capacity.
•Value-added products are expected to boost EBITDA margins by approximately 2% from next year, with copper profitability improving significantly in Q1FY27.
