What we do Jay Bee Laminations Ltd manufactures and supplies specialized electrical laminations and steel cores for transformers, UPS, and inverters used in the power industry. |
Founded in 1,988 |
Market share Recognized Star Export House with limited global competition in CRGO steel laminations for transformer cores. |
Problem solved Reduces no-load loss in transformers by supplying highly technical grain-oriented electrical steel laminations, enhancing energy efficiency in power transmission. |
Top clients or who we serve Serves transformer manufacturers and power sector companies (B2B) demanding high-quality electrical steel products. |
Key management Chiefly led by Mr. Munish Kumar Aggarwal (Chairman and Whole-Time Director) and Mr. Mudit Aggarwal (Managing Director). |
Our journey and innovations Incorporated in 1988, expanded multiple production units, obtained BIS certification and ISO 9001; entered public listing in 2024; forward integration with Unit-III in 2025. |
Where we operate Primarily operates in India with export recognition; supplies to national and international transformer manufacturers. |
Top products or what we offer CRGO and CRNGO steel laminations, slit coils, and assembled cores for transformers and electrical machinery. |
Top brands - |
Raw materials needed Cold Rolled Grain Oriented Silicon steel and Cold Rolled Non-Grain-Oriented steel. |
Raw materials supplier Sourced from limited global and domestic specialized steel mills producing CRGO and CRNGO steel. |
Recurring vs cyclical contribution Revenue largely recurring with steady demand from transformer manufacturing sector. |
Our industry position A leading domestic producer of CRGO laminations with star export house status and niche market presence. |
Financial highlights FY25 revenue at ₹367.45 crore, net profit ₹25.39 crore with 21% revenue growth and 31% profit increase year-on-year. |
Geographical revenue split Revenue mostly from Indian operations with exports contributing under the recognized star export house scheme. |
Order book - |
Whats driving growth Expansion of production capacity, support from IPO proceeds, and increased demand in power and transformer industries. |
Our future plans Commissioning Unit-III for core-coil assemblies and EPC entry, increasing capacity to 18,060 MTPA in FY25. |
Our green promise - |
Our people and values Balanced board with executive and independent directors overseeing governance; emphasis on compliance and internal controls. |
Key challenges ahead Managing raw material sourcing, maintaining product quality, and navigating regulatory and market risks. |
Interesting facts One of few companies producing technically complex CRGO steel laminations essential for energy-efficient transformers. |
Risks and strategy Risks include raw material availability and operational challenges; mitigated by forward integration and internal accrual-funded expansion. |
