Jain Resource Recycl Latest Updates

$JAINREC Q4 FY26 Revenue and Profit Jump: For the final quarter ended March 31, 2026, Jain Resource Recycling reported a massive 76% year-on-year growth in consolidated revenue from operations, reaching ₹3,104.98 crore compared to ₹1,760.03 crore in Q4 FY25. Quarterly consolidated profit after tax (PAT) rose 22.2% year-on-year to hit ₹66.04 crore. EBITDA Margin Compression: Core annual EBITDA increased 53% to ₹559 crore, tracking a full-year margin improvement to 5.9%. However, quarterly EBITDA margins for Q4 dipped to 3.5%. This sharp compression was driven by compressed scrap availability, volatile London Metal Exchange (LME) copper pricing formulas, and elevated geopolitical logistics/freight outlays. Plastic Recycling Plant Expansion Capital: To drive forward market capture in the circular economy, the Board approved a fresh capital expenditure of ₹15 crore to build a brand-new Plastic Recycling Facility. The infrastructure expansion is targeted to achieve complete commercial operational readiness by Q3 FY27. Forward Integration Pipelines and Targets: Beyond the new plastic vertical, the company is advancing value-added forward integration projects under its Jain Green Technologies division, mapping out a copper anode and cathode production capex pipeline of ₹115–120 crore for FY27. Management expects these forward integration assets to structurally improve future consolidated EBITDA margins by 2% to 4%. IPO Capital Utilization: The company confirmed that its recent Initial Public Offering (IPO) capital proceeds, which raised a total pool of ₹4,736.43 million (₹473.64 crore), were completely and successfully deployed across designated expansion lines by March 31, 2026, with zero regulatory deviations.