About JB Rolling Mills Limited
Data last updated:
JB Rolling Mills Limited is a public limited company based in New Delhi, Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U26102DL1996PLC079453. Its GSTIN is 02AACCG2489A3Z3 (Himachal Pradesh). The company holds 9 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹25.84 Cr. It was formerly known as Shri Ganpati Concast (India) Limited and Jb Rolling Mill Limited. It is led by directors including Sanjay Jain (Managing Director) and Rishabh Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Room No. S – 3 D – 16 City Chambers Central Market Prashant Vihar, New Delhi, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,822.55 Cr. For the same year it recorded a net profit of ₹18.18 Cr (net margin 1%) and EBITDA of ₹56 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 22% over five years.
The company has about 97 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jai Bharat Steel. As per MCA filings, the company has open charges of ₹239.68 Cr and satisfied charges of ₹301.15 Cr on record. Court records list 252 cases involving the company, including 234 filed by the company and 19 filed against it; 84 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹26.59 Cr; the latest was in January 2017. Its 10 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Bihar Foundry & Castings Limited with revenue of ₹1,917.18 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jaibharatsteel.com.
Company details
Name history
JB Rolling Mills has undergone 2 name changes throughout its history. The company was previously known as Shri Ganpati Concast (India) Limited, and Jb Rolling Mill Limited. The current legal name is Jb Rolling Mills Limited.
| Company Name | Status |
|---|---|
| JB Rolling Mills Limited | Current |
| Shri Ganpati Concast (India) Limited | Previous |
| Jb Rolling Mill Limited | Previous |
Contact details
JB Rolling Mills Limited's registered office is in New Delhi, Delhi. Its website is jaibharatsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRoom No. S – 3 D – 16 City Chambers Central Market Prashant Vihar, New Delhi, Delhi, India – 110085
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of JB Rolling Mills Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
JB Rolling Mills operates one associated brand: Jai Bharat Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing and distribution of TMT bars, angles, and structural products in India. | jaibharatsteel.com |
Business activity
The main business activity of JB Rolling Mills is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of JB Rolling Mills Limited, buy the company report.
Financials of JB Rolling Mills Limited
FY 2024 filings availableJB Rolling Mills Limited reported revenue of ₹1,822.55 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years. EBITDA rose 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.18 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of JB Rolling Mills Limited, buy the company report.
Board of directors and KMP of JB Rolling Mills Limited
JB Rolling Mills Limited currently reports 5 directors and 1 key managerial person. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Jain Also directs: Kreshiv Alloys Private Limited | Whole-Time Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Bijender Jain Also directs: Padmavati Steels Limited, J.D Metalloys Limited, JB Alloy & Steel Private Limited and 1 more | Cfo | 01 Jun 2019 | 7 Years 4 Months | Current |
| Satish Kumar | Additional Director | 10 Nov 2025 | 0 Years 11 Months | Current |
| Sanjay Jain | Managing Director | 25 Mar 2006 | 20 Years 7 Months | Current |
| Raksha | Director | 01 May 2024 | 2 Years 5 Months | Current |
| Sumit Jain | Director | 01 May 2024 | 2 Years 5 Months | Current |
Peer comparison
JB Rolling Mills Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bihar Foundry & Castings Limited | ₹1,917.18 Cr (FY 2025) | 12.0% | Ranchi, Jharkhand, India | |||
| Laxcon Steels Limited | ₹1,915.93 Cr (FY 2025) | 7.0% | Ahmedabad, Gujarat, India | |||
| Nalwa Steel and Power Limited | ₹1,887.43 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India | |||
| Maithan Steel and Power Limited | ₹1,876.96 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Arora Iron and Steel Rolling Mills Private Limited | ₹1,836.77 Cr (FY 2025) | 2.0% | Ludhiana, Punjab, India | |||
| JB Rolling Mills Limitedthis company | ₹1,822.55 Cr (FY 2025) | ₹18.18 Cr | 1% | 97 | New Delhi, Delhi, India | |
| JSW Steel (Salav) Limited | ₹1,820.21 Cr (FY 2019) | 27.0% | Anjar, Gujarat, India | |||
| Hyundai Steel Anantapur Private Limited | ₹1,807.17 Cr (FY 2025) | -6.0% | Andhra Pradesh, India | |||
| Vardhman Special Steels Limited | ₹1,793.52 Cr (FY 2025) | 6.0% | Ludhiana, Punjab, India | |||
| Maa Kudargarhi Steels Private Limited | ₹1,761.86 Cr (FY 2025) | 19.0% | Raipur, Chhattisgarh, India | |||
| A P I Ispat and Powertech Private Limited | ₹1,759.95 Cr (FY 2024) | -3.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of JB Rolling Mills Limited, buy the company report.
Auditor
JB Rolling Mills Limited is audited by MALHOTRAA SINGH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALHOTRAA SINGH & ASSOCIATES | FY 2023 | 0021756N |
Shareholding
The shareholding of JB Rolling Mills Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JB Rolling Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2025 | 101133440 | Hdfc Bank Limited | ₹10.9 Cr | Open | |
| 19 Jun 2025 | 101120917 | Others | ₹29 Lakh | Open | |
| 30 Mar 2025 | 101075659 | Others | ₹31 Lakh | Open | |
| 30 Mar 2025 | 101075655 | Others | ₹30.69 Cr | Open | |
| 08 Jan 2025 | 101035900 | Hdfc Bank Limited | ₹33.09 Lakh | Open |
To see the full charge records of JB Rolling Mills Limited, buy the company report.
Total charge records: 44 View all charges
Deals & funding
JB Rolling Mills Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹26.59 Cr; the latest was in January 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round | ₹2.9 Cr | Investors: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2010 | Funding round | ₹21.41 Cr | Investors: 4 individuals |
| Nov 2007 | Funding round | ₹2.29 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JB Rolling Mills Limited has 252 court cases on record: 234 filed by JB Rolling Mills, 19 filed against it. 84 cases are pending and 168 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 232 | 11 | 78 |
| District courts | 19 | 7 | 6 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 252)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Himachal Pradesh | Writ petition | Filed by the company against Himachal Pradesh State Electricity Board Ltd. and 1 other | Pending |
| High Court, HARYANA | Writ petition | Filed against the company by M/S JB Rolling Mills Limited and 1 other | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Ms Kaiser Industries Ltd and 1 other | Disposed |
| District court, Sirmaur, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Pending |
| High Court of Himachal Pradesh | Interim or miscellaneous application | Filed by the company against The State of HP and Another | Pending |
To see the full case history of JB Rolling Mills Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
JB Rolling Mills Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Nikum Energy Control India Limited | |||
| an individual supplier | |||
| Top Enterprises Private Limited |
To see the full MSME payment records of JB Rolling Mills Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
JB Rolling Mills Limited has a workforce of 97 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
JB Rolling Mills has 9 GST registrations: 3 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AACCG2489A3Z3 | Himachal Pradesh | Active | 01 Jul 2017 |
| 06AACCG2489A2ZW | Haryana | Active | 30 Oct 2023 |
| 02AACCG2489A1DE | Himachal Pradesh | Active | 06 Nov 2024 |
To see the full GST registrations and return filing status of JB Rolling Mills Limited, buy the company report.
Recent activity
JB Rolling Mills Limited has 30 board changes on record since 2003: 18 appointments and 12 cessations. The latest: Satish Kumar was appointed as Additional Director on 10 Nov 2025.
107 earlier events are in the company report.
Frequently asked questions
JB Rolling Mills is an active public limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 June 1996 (30+ years old) and is registered under CIN U26102DL1996PLC079453.
JB Rolling Mills has 6 current directors and KMP:
- Sanjay Jain - Managing Director
- Rishabh Jain - Whole-Time Director
- Satish Kumar - Additional Director
- Raksha - Director
- Sumit Jain - Director
- Bijender Jain - Cfo
The latest financial statements of JB Rolling Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of JB Rolling Mills is 02AACCG2489A3Z3, registered in Himachal Pradesh. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 06AACCG2489A2ZW (Haryana), 02AACCG2489A1DE (Himachal Pradesh).
The CIN (Corporate Identification Number) of JB Rolling Mills is U26102DL1996PLC079453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JB Rolling Mills has 252 court cases on record: 234 filed by the company and 19 filed against it. 84 are pending. Most are in the high courts.
JB Rolling Mills was incorporated on 06 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
JB Rolling Mills has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹26.59 Cr; the latest was in January 2017.
The peers of JB Rolling Mills by revenue are Bihar Foundry & Castings Limited, Laxcon Steels Limited, Nalwa Steel and Power Limited, Maithan Steel and Power Limited, Arora Iron and Steel Rolling Mills Private Limited and 5 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Satish Kumar was appointed as Additional Director on 10 Nov 2025. Yashika ceased to be Director on 15 Oct 2025. Surinder Kumar Jain ceased to be Managing Director on 25 Feb 2025. JB Rolling Mills has 30 board changes on record in total.
JB Rolling Mills has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 4 micro and small suppliers. The latest return was filed on 31 Dec 2020.
JB Rolling Mills can be reached through the website jaibharatsteel.com. Its registered office is in New Delhi, Delhi, India.