Integrated Filing — IndAS



General information about company

Scrip Code 544537
NSE Symbol JAINREC
MSEI Symbol NOTLISTED
ISIN INE0YD401026
Name of company JAIN RESOURCE RECYCLING LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 18-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 13-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 18-05-2026   11:30:00
End date and time of board meeting 18-05-2026   14:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,10,498.30 9,54,311.30
Other income 967.80 2,837.10
Total income 3,11,466.10 9,57,148.40
2 Expenses
(a) Cost of materials consumed 2,89,409.80 9,22,320.00
(b) Purchases of stock-in-trade 711.90 7,387.20
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 5,758.00 (57,293.20)
(d) Employee benefit expense 1,235.30 4,262.70
(e) Finance costs 2,623.00 9,572.20
(f) Depreciation, depletion and amortisation expense 441.50 1,454.60
(f) Other Expenses
1 Other Expenses 2,388.00 21,741.40
Total other expenses 2,388.00 21,741.40
Total expenses 3,02,567.50 9,09,444.90
3 Total profit before exceptional items and tax 8,898.60 47,703.50
4 Exceptional items 0.00 0.00
5 Total profit before tax 8,898.60 47,703.50
6 Tax expense
7 Current tax 803.70 8,369.80
8 Deferred tax 1,465.90 4,017.50
9 Total tax expenses 2,269.60 12,387.30
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 6,629.00 35,316.20
12 Profit (loss) from discontinued operations before tax (1.00) (481.80)
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax (1.00) (481.80)
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (25.00) (94.70)
16 Total profit (loss) for period 6,603.00 34,739.70
17 Other comprehensive income net of taxes (92.10) (139.30)
18 Total Comprehensive Income for the period 6,510.90 34,600.40
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 6,604.00 35,221.50
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 6,402.80 34,779.60
Total comprehensive income for the period attributable to owners of parent non-controlling interests 108.10 179.20
21 Details of equity share capital
Paid-up equity share capital 6,901.70 6,901.70
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 1,49,223.20
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.91 10.39
Diluted earnings (loss) per share from continuing operations 1.91 10.39
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 -0.14
Diluted earnings (loss) per share from discontinued operations 0 -0.14
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.91 10.25
Diluted earnings (loss) per share from continuing and discontinued operations 1.91 10.25
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1) The above audited consolidated financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 18, 2026 and has been subjected to audit by the Statutory Auditors of the Company. These consolidated standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) notified under the Section 133 of the Companies Act, 2013 (“the Act”), Companies (Indian Accounting Standards) Rules, 2015, along with relevant amendment rules issued thereafter and other relevant provisions of the Act, as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI) under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended. 2) 'The unaudited consolidated financial results for the corresponding quarter ended March 31, 2025 have neither been reviewed nor audited by the statutory auditors of the Company or other auditors. However, the management has exercised necessary care and diligence to ensure the consolidated financial results for such period is fairly stated. 3) The figures of the quarter ended March 31, 2026 is the balancing figure between the audited figures in respect of the financial year ended March 31, 2026 and the unaudited published year-to-date figures up to December 31, 2025 being the date of the end of third quarter of the financial year which was subjected to limited review. 4) The audited consolidated financial results of the group includes the financial results of the subsidiary companies and share of profit/(loss) from associate & joint venture as applicable for the quarter ended March 31 2026, December 31 2025, March 31 2025 & year ended March 31 2026, March 31 2025. 5) The figures for the year ended March 31, 2025 , have been extracted from the general purpose consolidated financial statements of the Group for the year ended March 31, 2025, which were audited by the Statutory auditors of the Company. 6) a) During the Year ended March 31,2026 Jain Ikon Global Ventures FZC has discontinued its operations on refining of precious metals. b) Pursuant to the definitive agreement entered during the Year ended March 31,2026, the Company has received the full repayment of the loan and interest from Sun Minerals Mannar Private Limited during the Year ended March 31, 2026. The proposed sale of the Company’s 28.88% equity interest remains pending as at the board meeting date. 7) The above audited consolidated financial results are available on the Company's website viz. www.jainmetalgroup.com and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com).



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 9,257.90
Capital work-in-progress 4,503.90
Investment property
Goodwill 41.40
Other intangible assets 2,139.30
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 526.50
Trade receivables, non-current
Loans, non-current 1.90
Other non-current financial assets
1 Other non-current financial assets 434.60
Total of other non-current financial assets 434.60
Total non-current financial assets 963.00
Deferred tax assets (net)
Other non-current assets
1 Other non-current assets 2,850.50
Total of other non-current assets 2,850.50
Total non-current assets 19,756.00
2 Current assets
Inventories 1,47,671.80
Current financial asset
Current investments 12,592.80
Trade receivables, current 47,595.20
Cash and cash equivalents 6,967.60
Bank balance other than cash and cash equivalents 16,964.50
Loans, current 0.00
Other current financial assets
Total of other current financial assets 22,788.30
Total current financial assets 1,06,908.40
Current tax assets (net)
Other current assets
1 Other current assets 59,004.20
Total of other current assets 59,004.20
Total current assets 3,13,584.40
3 Non-current assets classified as held for sale 4,880.70
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3,38,221.10
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6,901.70
Other equity 1,49,223.20
Total equity attributable to owners of parent 1,56,124.90
Non controlling interest (313.60)
Total equity 1,55,811.30
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 73.70
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease Liabilities 307.80
Total of other non-current financial liabilities 307.80
Total non-current financial liabilities 381.50
Provisions, non-current 551.80
Deferred tax liabilities (net) 4,409.50
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 5,342.80
Current liabilities
Current financial liabilities
Borrowings, current 1,27,075.40
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 634.90
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 33,345.80
Total Trade payable 33,980.70
Other current financial liabilities
1 Lease Liabilities 131.70
2 Other current financial liabilities 10,819.60
Total of other current financial liabilities 10,951.30
Total current financial liabilities 1,72,007.40
Other current liabilities 3,695.20
1 Other current liabilities 3,695.20
Total of other current liabilities 3,695.20
Provisions, current 118.80
Current tax liabilities (Net) 916.40
Deferred government grants, Current
Total current liabilities 1,76,737.80
3 Liabilities directly associated with assets in disposal group classified as held for sale 329.20
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,82,409.80
Total equity and liabilites 3,38,221.10
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Alluminium & Alluminium Alloys 10,843.80 37,101.20
2 Lead & Lead Alloy Ingots 1,04,579.60 3,81,833.60
3 Copper & Copper Ingots 1,94,450.90 5,26,151.00
4 Others 0.00624 9,225.50
Total Segment Revenue 3,10,498.30 9,54,311.30
Less: Inter segment revenue
Revenue from operations 3,10,498.30 9,54,311.30
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Alluminium & Alluminium Alloys 1,124.40 2,626.10
2 Lead & Lead Alloy Ingots 7,829.30 34,049.70
3 Copper & Copper Ingots 2,246.30 19,372.80
4 Others (77.20) (27.90)
Total Profit before tax 11,122.80 56,020.70
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 11,122.80 56,020.70
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Alluminium & Alluminium Alloys 0.00 0.00
2 Lead & Lead Alloy Ingots 0.00 0.00
3 Copper & Copper Ingots 0.00 0.00
4 Others 0.00 0.00
Total Segment Asset 0.00 0.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 0.00 0.00
4 Segment Liabilities
Segment Liabilities
1 Alluminium & Alluminium Alloys 0.00 0.00
2 Lead & Lead Alloy Ingots 0.00 0.00
3 Copper & Copper Ingots 0.00 0.00
4 Others 0.00 0.00
Total Segment Liabilities 0.00 0.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 0.00 0.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) The Segment Assets and Liabilities are reviewed by the CODM at a Consolidated Level and not at the Segmental Level as assets and liabilities are not allocated across business segments.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (0.90) 23.90
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 93.00 115.40
5 Total Other comprehensive income (92.10) (139.30)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 47,703.50
Adjustments for reconcile profit (loss)
Adjustments for finance costs 9,572.20
Adjustments for decrease (increase) in inventories (64,803.20)
Adjustments for decrease (increase) in trade receivables, current (34,941.20)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (14,310.80)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 23,849.10
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 6,800.50
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,454.60
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 235.80
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 2,283.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (24,255.70)
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (98,681.70)
Net cash flows from (used in) operations (50,978.20)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 9,206.80
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (60,185.00)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 260.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 10,288.20
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 2,204.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,489.30)
Net cash flows from (used in) investing activities (9,833.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 1,25,000.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 33,614.60
Repayments of borrowings 31.50
Payments of lease liabilities 123.50
Dividends paid 0.00
Interest paid 8,772.10
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (75,660.70)
Net cash flows from (used in) financing activities 74,026.80
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 4,008.80
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 600.50
Net increase (decrease) in cash and cash equivalents 4,609.30
Cash and cash equivalents cash flow statement at beginning of period 2,358.80
Cash and cash equivalents cash flow statement at end of period 6,968.10





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 MSKC & Associates LLP Yes 30-09-2026