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Jai Balaji IndustriesBOM:532976 +0.08%63 Days Payable is 59.83 as of Mar. 2026, which is 30% below its 10-year median of 85.01. GuruFocus rates BOM:532976 with a GF Score™ of 63/100 and a GF Value™ of ₹119.81 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 598 Steel companies, Jai Balaji Industries ranks better than 68.56% on this metric.
Jai Balaji Industries Days Payable Historical Data
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The historical data trend for Jai Balaji Industries's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BOM:532976 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Jai Balaji Industries's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jai Balaji Industries Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Jai Balaji Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Jai Balaji Industries's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Jai Balaji Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Jai Balaji Industries (BOM:532976) has a Days Payable of 59.83 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Jai Balaji Industries and its competitors. This is 30% below median its historical median of 85.01. Over the past decade, Jai Balaji Industries' Days Payable has ranged from 63.61 to 164.68. According to the industry distribution chart, Jai Balaji Industries ranks #188 out of 598 companies in the Steel industry, placing it in the top 31.4%.
Is Jai Balaji Industries' Days Payable too high?
Jai Balaji Industries' current Days Payable of 59.83 is 30% below median its 10-year median of 85.01. Over the past 10 years, this metric has ranged from a low of 63.61 to a high of 164.68. The Steel industry median Days Payable is 41.37. Jai Balaji Industries' value of 59.83 is 44.6% above this industry median. Based on the distribution chart, Jai Balaji Industries ranks #188 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Jai Balaji Industries has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jai Balaji Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Jai Balaji Industries ranks #188 out of 598 companies for Days Payable. This puts Jai Balaji Industries in the upper half of its industry. The industry median Days Payable is 41.37. Jai Balaji Industries' value of 59.83 is 44.6% above this benchmark. Historically, Jai Balaji Industries' own Days Payable has ranged from 63.61 to 164.68 over the past decade. While the company's 10-year median is 85.01 vs. the industry median of 41.37, Jai Balaji Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jai Balaji Industries's current Days Payable of 59.83 is 44.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Jai Balaji Industries and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jai Balaji Industries's current Days Payable is 59.83, which is 30% below median its own 10-year median of 85.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jai Balaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Jai Balaji Industries (BOM:532976) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹119.81, compared to a current price of ₹65.87 — trading 45% below its estimated fair value. The current Days Payable is 59.83, which is 30% below median its 10-year median of 85.01 and 44.6% above the Steel industry median of 41.37. Jai Balaji Industries' overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Jai Balaji Industries (BOM:532976), the current Days Payable is 59.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jai Balaji Industries (BOM:532976) Overvalued in 2026?
Based on GuruFocus' analysis, Jai Balaji Industries stock appears to be undervalued.
The current stock price of ₹65.87 is trading 45% below its estimated GF Value™ of ₹119.81.
GuruFocus considers Jai Balaji Industries to be Significantly Undervalued.
Key valuation signals for BOM:532976:
Days Payable: 59.83 (30% below median its 10-year median of 85.01)
GF Value™: ₹119.81 vs. price of ₹65.87 (45% below fair value)
Industry Position: 44.6% above the Steel median (#188 of 598)
No single metric tells the full story. See the BOM:532976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jai Balaji Industries Ltd is an India-based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.
63GF Score
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