Is Jain Resource Recycling the Best Stock in Its Sector? A Look at the Numbers

Jain Resource Recycling CMP Rs 284 (29 Sep 2026). Market cap Rs 9,725 Cr. ROE 22.25%. P/E 26.99x versus Industry P/E 13.47x.

Is Jain Resource Recycling the best stock in its sector? The stock trades on the NSE at Rs 284 as of 29 September 2026, within its 52-week range of Rs 247.57 to Rs 593.95. Jain Resource Recycling Ltd recycles lead and other non-ferrous metals primarily for the battery industry.

Jain Resource Recycling sits in the Non-Ferrous Metals sector, and its 22.25% ROE and 26.99x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.

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About Jain Resource Recycling

Jain Resource Recycling Ltd recycles lead and other non-ferrous metals primarily for the battery industry. The stock is trading near its 52-week low, having roughly halved from its high. At a market capitalisation of Rs 9,725 Cr, it is tracked as part of the Non-Ferrous Metals sector on Univest.

Is Jain Resource Recycling the Best Stock in Its Sector?

Jain Resource Recycling makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 22.25% ROE with a 26.99x P/E against the sector’s 13.47x Industry P/E. Jain Resource Recycling’s 26.99x P/E is above the 13.47x Industry P/E, a premium built on its 22.25% ROE well ahead of Gravita India’s in this comparison, though the stock has roughly halved from its 52-week high.

Metric	Jain Resource Recycling
CMP (NSE)	Rs 284.10
52-Week High / Low	Rs 593.95 / Rs 247.57
Market Cap	Rs 9,725 Cr
P/E (TTM) vs Industry P/E	26.99x vs 13.47x
P/B	6.23
ROE	22.25%
EPS (TTM)	Rs 10.44
Dividend Yield	0.00%
Debt to Equity	0.82

Compare Jain Resource Recycling Against Other Non-Ferrous Metals Sector Stocks

How Jain Resource Recycling Compares Against Its Non-Ferrous Metals Sector Peers

The table below sets Jain Resource Recycling against 2 other Non-Ferrous Metals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Jain Resource Recycling	9,725	26.99	22.25%	0.82
Gravita India	11,193	28.58	15.45%	0.30
Century Extrusions	208	16.70	13.23%	0.75
Peer average (2 companies)	–	22.64	14.34%	0.53

Against this peer set, Jain Resource Recycling’s 22.25% ROE is above the 14.34% peer average, and its P/E of 26.99x runs above the peer average of 22.64x. Jain Resource Recycling’s 26.99x P/E is above the 13.47x Industry P/E, a premium built on its 22.25% ROE well ahead of Gravita India’s in this comparison, though the stock has roughly halved from its 52-week high.

What Makes Jain Resource Recycling Worth Watching in Non-Ferrous Metals

• Strong ROE: A 22.25% ROE is well above the other non-ferrous metals names covered in this series.
• Lead recycling scale: Recycling lead and other non-ferrous metals for the battery industry gives Jain Resource Recycling a growing, essential-services niche.
• Above Industry P/E: A 26.99x P/E against a 13.47x Industry P/E reflects a premium for its scale and 22.25% ROE relative to the broader Non-Ferrous Metals sector.

Jain Resource Recycling Valuation: Is It Justified?

Jain Resource Recycling’s 26.99x P/E is above the 13.47x Industry P/E, a premium built on its 22.25% ROE well ahead of Gravita India’s in this comparison, though the stock has roughly halved from its 52-week high. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is INOX India the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Jain Resource Recycling and other Non-Ferrous Metals sector stocks.

How to Track Jain Resource Recycling Before You Invest

Before deciding whether Jain Resource Recycling deserves its label as the best stock in its sector for your own portfolio, compare it directly against Non-Ferrous Metals sector peers using the steps below.

1. Open the Univest Screener and search for Jain Resource Recycling to view live price, valuation ratios, and peer comparisons within the Non-Ferrous Metals sector.
2. Compare its P/E, P/B, and ROE against other Non-Ferrous Metals sector stocks before deciding if the current valuation fits your strategy.
3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Jain Resource Recycling earns a place in the best stock in its sector conversation on the strength of a 22.25% ROE and a P/E of 26.99x against a 13.47x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Is Jain Resource Recycling the best stock in its sector?

Ans. Jain Resource Recycling has a 22.25% ROE and trades at 26.99x P/E against a 13.47x Industry P/E, and compares above the peer average ROE of 14.34% in this article’s named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Jain Resource Recycling?

Ans. Jain Resource Recycling was trading at Rs 284.10 on the NSE as of 29 September 2026, within its 52-week range of Rs 247.57 to Rs 593.95.

What sector does Jain Resource Recycling belong to?

Ans. Jain Resource Recycling is classified under the Non-Ferrous Metals sector on Univest.

How does Jain Resource Recycling compare to its sector peers on P/E?

Ans. Jain Resource Recycling’s P/E of 26.99x is above the 22.64x average of the 2 named peers compared in this article.

What is Jain Resource Recycling’s return on equity?

Ans. Jain Resource Recycling reported a return on equity of 22.25%, which is above the 14.34% average of its named peers in this comparison.

Should I invest in Jain Resource Recycling based on its sector position?

Ans. Jain Resource Recycling’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.

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