Jain Resource Recycling Limited — Q2FY27 earnings call summary

Filed 12 November 2026 · Official transcript

FY27 revenue growth guidance ~30-40%; focus on volume ramp-up, operational efficiency, and cash flow
Q2 FY27 consolidated revenue 3,337 Cr (+58% y-y, +22% q-q); H1 revenue 6,061 Cr (+55% y-y)
Copper anode plant capacity 1,600 MT/month commissioned; cathode plant commissioning imminent
EBITDA Q2 138 Cr (+27% q-q), margin 4.2% (Q1: 4.0%); PAT Q2 90 Cr (+30% q-q), margin 2.7%
Multiple analyst queries on copper value-addition stages; management expects 2-3% EBITDA uplift from anode to busbar conversion
Copper volumes +74% y-y in Q2; value-added copper contributed 8% of revenue
Working capital days improved to 49 from 66; net debt/equity 0.5x vs 0.7x