JAINREC / guidance tracker

Keep management guidance in view.

Jain Resource Recycling · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

Revenue growth of 20-25% sustainable

Management expects the historical 20-25% revenue growth to continue, supported by capacity expansions and new projects.

growth

Copper cathode plant to start in Q1 FY27

Phase 1 copper cathode plant (9,000 MT) at 70% construction completion, operations expected in Q1 FY27.

expansion

Copper segment EBITDA margin to rise 3-6%

Value-added copper products (cathode, wire rod, busbar) expected to add 0.75-5% margin per stage, lifting segment margin by 3-6%.

margins

Finance cost savings of ₹20-22 crore annually

IPO proceeds of ₹375 crore used to repay debt will reduce finance cost by ₹20-22 crore per year.

other

Sustain 40-50% historical growth rate

Management expects to maintain historical growth of 40-50% YoY, driven by four new verticals coming online in FY27.

growth

Copper anode commissioning in Feb 2026

Copper anode phase of value-added products project to commence in February 2026 with 800 tons/month capacity.

expansion

Copper cathode commissioning in March 2026

Copper cathode phase to be commissioned in March 2026 with 750 tons/month capacity.

expansion

Working capital days to normalize to 60-65 days

Management expects inventory to reduce and working capital cycle to fall from 82 days to around 60-65 days by March 2026.

other