Jay Bee Laminations Ltd. – Company Report
1. Company Overview
Jay Bee Laminations Ltd., incorporated in 1988 and headquartered in Noida, Uttar Pradesh, is a leading Indian manufacturer specializing in CRGO (Cold-Rolled Grain-Oriented) silicon steel cores and laminations for the power and distribution transformer industry. The company operates three manufacturing units in Noida and Greater Noida, equipped with state-of-the-art technology across a total production area of over 156,000 square feet. Jay Bee's CRGO products are vital components in transformers, supporting India’s electrical infrastructure with high-efficiency, high-reliability solutions.
With over three decades of operational excellence, the company is ISO 9001:2015 certified and serves both major transformer OEMs and export clients. Jay Bee is known for consistent quality, timely delivery, and competitive pricing. The management team, led by Managing Director Mudit Aggarwal, brings deep engineering expertise and industry experience, supported by a workforce of 200–500 employees.
- Incorporated: 1988
- Headquarters: Noida, Uttar Pradesh, India
- Certifications: ISO 9001:2015
- Manufacturing Locations: Noida and Greater Noida
- Installed Capacity: Over 156,450 sq. ft. production area
- Major Segments: CRGO silicon steel cores and laminations for transformers
- Employee Strength: 201–500
- Customers: Transformer manufacturers, power equipment OEMs, export markets
- Listed: Public company
- Market Cap: ₹588 crore (July 2025)
2. Products and Services
Jay Bee Laminations Ltd. provides a wide range of high-precision CRGO-based products and services catering to the electrical and power equipment sectors:
CRGO Laminations and Steel Cores
- Cut-to-size laminations, slit coils, toroidal and rectangular transformer cores
- Assembled core solutions for power, distribution, current, and potential transformers
Production Capabilities
- In-house design, slitting, shearing, punching, annealing, deburring, and quality testing
- Processes conform to Indian (BIS) and international standards
- Strong focus on energy efficiency, precision engineering, and value-added delivery
Services
- Customization and prototyping based on client specs
- Collaborative R&D for high-performance transformer core designs
- Robust supply chain with timely delivery across domestic and export markets
Industry Applications
- Power generation, transmission, and distribution
- Electrical equipment and automation systems
- Renewable energy infrastructure
- Global transformer and power electronics markets
3. Recent News and Financial Performance
Business Developments:
- Commencement of commercial operations at the new third manufacturing unit (Unit-III) in FY2025, expanding capacity to meet rising transformer industry demand.
- Ongoing focus on technological upgrades, product range diversification, and compliance certifications.
- A reclassification filing with SEBI to move select promoter holdings into the public category signals rising institutional and public investor interest.
- The company’s board recently announced outcomes related to financial performance and regulatory filings, underscoring its strong governance and transparency standards.
4. Financial Performance (FY2025 and Previous Years)
| Metric | FY2025 | FY2024 |
|---|---|---|
| Net Sales | ₹368 crore | ₹303.5 crore |
| Net Profit | ₹25.39 crore | ₹19.36 crore |
| Operating Profit Margin | 12% | 11% |
| EPS | ₹11.25 | ₹10.75 |
| Return on Equity (ROE) | 24.1% | - |
| 3-Year Avg ROE | 30% | - |
| Dividend | None declared | None |