JAYNECOIND - Jayaswal Neco Industries Ltd Share Price

Industrial Products

₹40.79-0.30(-0.73%)

Market Closed as of May 2, 2025, 15:30 IST

What does Jayaswal Neco Industries Ltd do?

Iron & Steel Products•Capital Goods•Small Cap

Jayaswal Neco Industries Limited engages in the manufacture and sale of steel products, and iron and steel castings in India. It operates through Steel, Iron and Steel Castings, and Other segments. It offers steel products, including pellets, sponge and pig iron, billets, alloy steel bars and wire rods, and blooms and slabs used in carbon and alloy steels, springs, cold heading quality steels, leaf springs, connecting rods, shock absorber and crank shafts, gears, ball bearings, and stabilizer bars and coils, as well as supplies steel in cast, rolled, annealed, and bright bar forms. It provides automotive castings, such as differential and clutch housings, axles, cylinder heads, and gear box housing products used by cars, trucks, tractors, and agricultural equipment manufacturers, as well as hubs, suspension and engineering items, differential case and covers, railway inserts, base plates for metro rail, insulators and electrical parts, and supplies iron castings to the automotive sector; and engineering castings comprising ductile iron castings, carrier housing, and axle end cap and backing rings. It also offers centricast products, including sanitary, centrifugally cast hub less pipes and fittings, ductile and cast iron manhole covers, and frames and gratings; and construction castings comprising manhole covers, ingot moulds, stool plates, and slag pots under NECO brand. It produces various grades of iron ores and limestones to feed the integrated iron and steel plants; and engages in PVC pipes trading. It serves its products in automotive, defense, infrastructure, oil and gas, power, railways, engineering, generator sets, petrochemicals and refineries, agricultural machinery, steel, service lines, irrigation, sugar crushers, crane and material handling equipment manufacturers, bearings, structural and fasteners, and other industries. It exports its products to 7 countries. The company was incorporated in 1972 and is headquartered in Nagpur, India.

Industry Group:Industrial Products

Employees:4,261

Website:www.necoindia.com

Income Statement for Jayaswal Neco Industries

Standalone figures (in Rs. Crores)

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	34.7%	1,657	1,230	1,438	1,411	1,556	1,501
Other Income	111.3%	3.24	2.06	4.67	2.92	9.84	1.56
Total Income	34.8%	1,660	1,232	1,442	1,414	1,566	1,503
Cost of Materials	13.3%	641	566	411	712	674	638
Purchases of stock-in-trade	-13.3%	27	31	24	31	12	16
Employee Expense	23.9%	84	68	91	80	96	73
Finance costs	-3.5%	140	145	144	142	115	107
Depreciation and Amortization	4.3%	74	71	67	67	67	67
Other expenses	23.9%	576	465	447	528	563	553
Total Expenses	25.9%	1,608	1,277	1,483	1,388	1,447	1,379
Profit Before exceptional items and Tax	212.8%	53	-45.1	-40.91	26	119	124
Exceptional items before tax	-	0	0	0	-18.25	0	0
Total profit before tax	212.8%	53	-45.1	-40.91	8.03	119	124
Current tax	-	0	0	0.01	0	0	0
Deferred tax	-113.3%	-24.36	-10.89	-9.24	6	30	32
Total tax	-113.3%	-24.36	-10.89	-9.23	6	30	32
Total profit (loss) for period	315.8%	77	-34.21	-31.68	2.03	89	92
Other comp. income net of taxes	-0.5%	-1.13	-1.12	-1.13	-2.66	-0.61	-0.62
Total Comprehensive Income	306.4%	76	-35.33	-32.81	-0.63	88	91
Earnings Per Share, Basic	84.4%	0.79	-0.35	-0.33	0.02	0.91	0.94
Earnings Per Share, Diluted	84.4%	0.79	-0.35	-0.33	0.21	0.91	0.94

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-	-	-	-	-	-	-
Revenue From Operations	-6.4%	5,934	6,343	5,959	3,705	3,632	4,227
Other Income	-19%	18	22	6.28	6.38	8.52	17
Other Income	-	-	-	-	-	-	-
Total Income	-6.5%	5,952	6,365	5,965	3,711	3,641	4,244
Total Income	-	-	-	-	-	-	-
Cost of Materials	-	-	-	-	-	-	-
Cost of Materials	-17.4%	2,690	3,255	2,645	1,663	2,062	2,363
Purchases of stock-in-trade	-	-	-	-	-	-	-
Purchases of stock-in-trade	-35.9%	92	143	141	85	11	13
Employee Expense	18.5%	328	277	254	220	226	219
Employee Expense	-	-	-	-	-	-	-
Finance costs	3.5%	469	453	459	909	867	711
Finance costs	-	-	-	-	-	-	-
Depreciation and Amortization	-	-	-	-	-	-	-
Depreciation and Amortization	0%	266	266	261	267	276	273
Other expenses	13%	2,161	1,913	1,695	1,071	1,021	1,339
Other expenses	-	-	-	-	-	-	-
Total Expenses	-10.2%	5,642	6,280	5,378	4,270	4,576	4,688
Total Expenses	-	-	-	-	-	-	-
Profit Before exceptional items and Tax	267.9%	310	85	586	-558.93	-935.72	-444.03
Profit Before exceptional items and Tax	-	-	-	-	-	-	-
Exceptional items before tax	61.9%	-18.86	-51.19	1,724	0	-568.17	0
Total profit before tax	-	-	-	-	-	-	-
Total profit before tax	778.8%	291	34	2,311	-558.93	-1,503.89	-444.03
Current tax	5.7%	0	-0.06	-0.01	0.04	0	0.11
Deferred tax	-	-	-	-	-	-	-
Deferred tax	141.3%	81	-192.71	64	-0.69	0.58	-0.27
Total tax	141.3%	81	-192.77	64	-0.65	0.58	-0.16
Total tax	-	-	-	-	-	-	-
Total profit (loss) for period	-7.5%	210	227	2,247	-558.28	-1,504.47	-443.87
Total profit (loss) for period	-	-	-	-	-	-	-
Other comp. income net of taxes	-59.4%	-4.5	-2.45	0.48	2.06	-1.72	0.5
Other comp. income net of taxes	-	-	-	-	-	-	-
Total Comprehensive Income	-8.5%	205	224	2,248	-556.22	-1,506.19	-443.37
Total Comprehensive Income	-	-	-	-	-	-	-
Earnings Per Share, Basic	-13.4%	2.16	2.34	28.4	-8.74	-23.56	-6.95
Earnings Per Share, Basic	-	-	-	-	-	-	-
Earnings Per Share, Diluted	-	-	-	-	-	-	-
Earnings Per Share, Diluted	1.5%	2.36	2.34	23.57	-8.74	-23.56	-6.95

Pros

Insider Trading: There's significant insider buying recently.

Momentum: Stock price has a strong positive momentum. Stock is up 13.9% in last 30 days.

Balance Sheet: Reasonably good balance sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Cons

Growth: Poor revenue growth. Revenue grew at a disappointing -4.3% on a trailing 12-month basis.

Dividend: Stock hasn't been paying any dividend.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: JAYNECOIND vs Industrial Products

Comprehensive comparison against sector averages

Comparative Metrics

JAYNECOIND metrics compared to Industrial

Category	JAYNECOIND	Industrial
PE	305.27	21.65
PS	0.69	1.47
Growth	-4.3 %	-1.5 %

Performance Comparison

JAYNECOIND vs Industrial (2021 - 2025)

Key Insights

1. JAYNECOIND is NOT among the Top 10 largest companies in Iron & Steel Products.
2. The company holds a market share of 3.6% in Iron & Steel Products.
3. In last one year, the company has had a below average growth that other Iron & Steel Products companies.

Share Holdings

Understand Jayaswal Neco Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
ASSETS CARE AND RECONSTRUCTION ENTERPRISE LTD	26.45%
JAYASWAL HOLDINGS PVT LTD	5.75%
NINE STAR PLASTIC PACKAGING SERVICES PRIVATE LIMITED	5.21%
KARAMVEER IMPEX PRIVATE LIMITED	5.14%
JAYASWAL NECO METALLICS PRIVATE LIMITED	4.88%
JAYASWAL NECO ENERGY PRIVATE LIMITED	4.85%
JAYASWAL NECO INFRASTRUCTURES PRIVATE LIMITED	4.32%
AVON SALES AND SERVICES PRIVATE LIMITED	4.3%
ANURAG SALES AND SERVICES PVT LTD	4.29%
APEX SPINNING MILLS PVT LTD	4.2%
JAYASWAL NECO POWER PRIVATE LIMITED	4.13%
EFFICIENT STRUCTURES PRIVATE LIMITED .	2.95%
RAJVARDHAN TRADEZONE PRIVATE LIMITED	2.71%
COSTAL MULTITRADING PRIVATE LIMITED	2.65%
JAYASWAL NECO STEEL AND MINING LIMITED	2.27%
SALMON DEVELOPERS PRIVATE LIMITED	1.91%
DARSHAN GEMS PRIVATE LIMITED	1.78%
BASANT LALL SHAW	1.34%
ARVIND JAYASWAL	0.52%
RAMESH JAYASWAL	0.52%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Cash Flow for Jayaswal Neco Industries

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	3.5%	469	453	459
Change in inventories	-175.3%	-210.96	-76	-307.84
Depreciation	0%	266	266	261
Unrealised forex losses/gains	7.2%	-0.03	-0.11	0.14
Adjustments for interest income	-26.6%	5.57	7.23	3.82
Net Cashflows from Operations	-5.4%	699	739	864
Income taxes paid (refund)	1750.5%	18	-0.03	3.51
Net Cashflows From Operating Activities	-7.9%	681	739	860
Proceeds from sales of PPE	341.4%	7.93	2.57	0.24
Purchase of property, plant and equipment	190.8%	190	66	30
Interest received	-29.3%	5.17	6.9	4.13
Net Cashflows From Investing Activities	-209.5%	-177.37	-56.63	-25.93
Proceeds from issuing debt	-	3,200	0	0
Repayments of borrowings	354.9%	3,358	739	662
Payments of lease liabilities	-614.3%	0	0.86	0.22
Interest paid	235%	480	144	70
Other inflows (outflows) of cash	67%	153	92	-211.03
Net Cashflows from Financing Activities	38.6%	-486.3	-792.18	-943.28
Net change in cash and cash eq.	114.4%	17	-109.86	-108.88

Balance Sheet for Jayaswal Neco Industries

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	56.8%	139	89	69	72	130	182
Current investments	1%	0.02	0.01	0.01	0.01	0.01	0
Loans, current	11.1%	0.28	0.19	0	0	0	0
Total current financial assets	6.6%	599	562	705	754	1,114	945
Inventories	-14.3%	1,282	1,495	1,354	1,284	1,059	1,208
Current tax assets	166%	11	4.76	4.76	4.15	4.74	4.68
Total current assets	-8.9%	2,155	2,366	2,287	2,235	2,363	2,421
Property, plant and equipment	3.6%	3,404	3,287	3,378	3,503	3,619	3,732
Capital work-in-progress	-32.8%	134	199	107	74	55	54
Total non-current financial assets	-14.3%	13	15	7.84	8.17	9.03	7.34
Total non-current assets	1.9%	3,806	3,735	3,713	3,818	3,922	3,899
Total assets	-2.3%	5,961	6,100	6,001	6,054	6,285	6,322
Borrowings, non-current	-6.1%	2,858	3,045	22	30	3,548	3,441
Total non-current financial liabilities	-7%	2,858	3,072	22	30	3,553	3,441
Provisions, non-current	3.1%	0.37	0.35	0.33	0.32	0.3	0.29
Total non-current liabilities	-7%	2,875	3,091	22	31	3,553	3,505
Borrowings, current	60.7%	271	169	3,232	3,384	224	404
Total current financial liabilities	12.2%	683	609	3,662	3,836	606	844
Provisions, current	6.5%	116	109	98	93	86	83
Total current liabilities	19.5%	891	746	3,803	3,965	734	984
Total liabilities	-1.9%	3,765	3,837	3,825	3,996	4,287	4,489
Equity share capital	0%	971	971	971	971	971	971
Total equity	-3%	2,195	2,263	2,176	2,058	1,998	1,833
Total equity and liabilities	-2.3%	5,961	6,100	6,001	6,054	6,285	6,322

Investor Care
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	0.32

Financial Health
Current Ratio	2.42
Debt/Equity	1.43
Debt/Cashflow	0.22

Valuation
Market Cap	3.96 kCr
Price/Earnings (Trailing)	303.04
Price/Sales (Trailing)	0.69
EV/EBITDA	4.8
Price/Free Cashflow	8.09
MarketCap/EBT	-155.87

Fundamentals
Revenue (TTM)	5.75 kCr
Rev. Growth (Yr)	6.01%
Rev. Growth (Qtr)	34.73%
Earnings (TTM)	13.07 Cr
Earnings Growth (Yr)	-13.33%
Earnings Growth (Qtr)	324.88%

Profitability
Operating Margin	-0.12%
EBT Margin	-0.44%
Return on Equity	0.60%
Return on Assets	0.22%
Free Cashflow Yield	12.36%

JAYNECOIND - Jayaswal Neco Industries Ltd Share Price

What does Jayaswal Neco Industries Ltd do?

Income Statement for Jayaswal Neco Industries

Sector Comparison: JAYNECOIND vs Industrial Products

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Cash Flow for Jayaswal Neco Industries

Balance Sheet for Jayaswal Neco Industries

Investor Care

Financial Health

Valuation

Fundamentals

Profitability

Revenue Breakdown

Is Jayaswal Neco Industries Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
ELECTCAST	Electrosteel CastingsIron & Steel Products	5.85 kCr	7.74 kCr	-5.13%	-50.83%	7.61	0.76	+3.88%	+27.56%
SUNFLAG	Sunflag Iron & Steel Co.Iron & Steel	4.23 kCr	3.59 kCr	-4.73%	+7.37%	26.15	1.18	+7.36%	+15.32%