Jayaswal Neco Industries Limited JAYNECOIND NSEINFRA
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. The company 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 also provides automotive castings, such as differential and clutch housings, axles, cylinder heads, and gear box housing products used by cars, trucks, ractors,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 prts, and supplies iron castings to the automotive sector; and engineering castings comprising ductile iron castings, carrier housing, and axle end cap and backing rings. Additionally, the company offers centricast products, including sanitary, hub less pipes, 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. Further, it produces various grades of iron ores and limestones to feed the integrated iron and steel plants and engages n PVC pipes trading. The company 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. Jayaswal Neco Industries Limited was formerly known as Jayaswals Neco Ltd. and changed its name to Jayaswal Neco Industries Limited in November 2007. The company was incorporated in 1972 and is headquartered in Nagpur, India.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Healthy ROCE of 24.2%.
- Profit CAGR of 26.9% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | JAYNECOIND Jayaswal Neco Industries Limited NSEINFRA | 102.34 | 21.45 | ₹9,937.20 Cr | - | 24.17% | 17.75% | 4.04% | 26.85% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 11,482.00 | 41.32 | ₹3.38 L Cr | 0.67% | 11.90% | 10.59% | 12.40% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,278.00 | 14.01 | ₹3.12 L Cr | 0.56% | 19.15% | 27.26% | 3.61% | 75.28% |
| 4 | HINDZINC Hindustan Zinc Limited NSEINFRA | 632.95 | 19.34 | ₹2.67 L Cr | 3.32% | 62.35% | 76.94% | 5.61% | 9.58% |
| 5 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 208.02 | 28.34 | ₹2.59 L Cr | 1.92% | 11.32% | 11.16% | -1.59% | 7.21% |
| 6 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 1,126.70 | 18.73 | ₹2.52 L Cr | 0.44% | 9.50% | 10.29% | 7.40% | 9.87% |
| 7 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 3,122.40 | 42.74 | ₹2.12 L Cr | 0.32% | 4.00% | 6.29% | 14.63% | -10.06% |
| 8 | SOLARINDS Solar Industries India Limited NSEINFRA | 18,247.00 | 98.04 | ₹1.65 L Cr | 0.06% | 29.51% | 31.33% | 13.27% | 30.36% |
| 9 | PIDILITIND Pidilite Industries Limited NSEINFRA | 1,482.80 | 61.73 | ₹1.51 L Cr | 0.67% | 28.48% | 23.52% | 7.50% | 24.36% |
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 1,656.84 Cr | 1,675.27 Cr | 1,649.35 Cr | 1,727.23 Cr | 1,974.24 Cr |
| Cost of Revenue | 733.13 Cr | 613.76 Cr | 646.49 Cr | 628.70 Cr | 760.68 Cr |
| Gross Profit | 923.71 Cr | 1,061.51 Cr | 1,002.86 Cr | 1,098.53 Cr | 1,213.56 Cr |
| Operating Expenses | 734.35 Cr | 793.96 Cr | 762.94 Cr | 863.95 Cr | 912.75 Cr |
| Operating Income | 189.36 Cr | 267.55 Cr | 239.92 Cr | 234.58 Cr | 300.81 Cr |
| EBITDA | 267.04 Cr | 344.17 Cr | 319.44 Cr | 300.27 Cr | 380.21 Cr |
| Interest Expense | 140.03 Cr | 133.57 Cr | 119.38 Cr | 125.57 Cr | 68.95 Cr |
| Pretax Income | 52.57 Cr | 136.64 Cr | 125.39 Cr | 98.88 Cr | 236.47 Cr |
| Tax Provision | -24.36 Cr | 35.00 Cr | 32.37 Cr | 24.79 Cr | 45.60 Cr |
| Net Income | 76.93 Cr | 101.64 Cr | 93.02 Cr | 74.09 Cr | 190.87 Cr |
| Diluted EPS | 0.79 | 1.05 | 0.96 | 0.76 | 1.97 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 6,331.99 Cr | 5,926.07 Cr | 5,999.73 Cr | 7,131.82 Cr |
| Cost of Revenue | - | 4,953.64 Cr | 4,258.89 Cr | 2,608.94 Cr | 2,789.34 Cr |
| Gross Profit | - | 1,378.35 Cr | 1,667.18 Cr | 3,390.79 Cr | 4,342.48 Cr |
| Operating Expenses | - | 823.67 Cr | 898.54 Cr | 2,737.84 Cr | 3,315.90 Cr |
| Operating Income | - | 554.68 Cr | 768.64 Cr | 652.95 Cr | 1,026.58 Cr |
| EBITDA | - | 750.50 Cr | 1,022.41 Cr | 952.32 Cr | 1,330.63 Cr |
| Interest Expense | - | 450.69 Cr | 465.44 Cr | 562.38 Cr | 426.22 Cr |
| Pretax Income | - | 34.10 Cr | 291.04 Cr | 103.20 Cr | 603.45 Cr |
| Tax Provision | - | -192.77 Cr | 81.06 Cr | -9.48 Cr | 140.34 Cr |
| Net Income | - | 226.87 Cr | 209.98 Cr | 112.68 Cr | 463.11 Cr |
| Diluted EPS | 23.57 | 2.34 | 2.16 | 1.16 | - |
Compounded Sales Growth
| 5 Years: | 4.04% |
| 1 Year: | 17.80% |
Compounded Profit Growth
| 5 Years: | 26.85% |
| 1 Year: | 87.70% |
Stock Price Performance
| 1 Year: | +156.94% |
| 6 Months: | +45.47% |
| 3 Months: | +31.95% |
| 1 Month: | -7.63% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 6,053.51 Cr | 6,100.48 Cr | 5,741.46 Cr | 5,970.14 Cr |
| Current Assets | - | 2,235.47 Cr | 2,365.97 Cr | 2,048.08 Cr | 2,379.03 Cr |
| Cash & Equivalents | - | 72.01 Cr | 89.46 Cr | 155.79 Cr | 126.08 Cr |
| Inventory | - | 1,283.60 Cr | 1,494.56 Cr | 1,214.07 Cr | 1,395.17 Cr |
| Receivables | - | 468.58 Cr | 418.95 Cr | 400.64 Cr | 469.00 Cr |
| Total Liabilities | - | 3,995.69 Cr | 3,837.19 Cr | 3,365.89 Cr | 3,128.78 Cr |
| Current Liabilities | - | 3,964.95 Cr | 746.48 Cr | 930.31 Cr | 1,710.89 Cr |
| Long Term Debt | - | 25.79 Cr | 3,054.99 Cr | 2,424.73 Cr | 1,311.80 Cr |
| Total Debt | - | 3,413.98 Cr | 3,234.78 Cr | 2,753.26 Cr | 2,108.80 Cr |
| Total Equity | - | 2,057.82 Cr | 2,263.29 Cr | 2,375.57 Cr | 2,841.36 Cr |
| Shares Outstanding | - | 97.10 Cr | 97.10 Cr | 97.10 Cr | 97.10 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 738.96 Cr | 681.12 Cr | 1,388.49 Cr | 1,367.44 Cr |
| Investing Cash Flow | - | -56.63 Cr | -177.37 Cr | -236.18 Cr | -112.86 Cr |
| Financing Cash Flow | - | -792.19 Cr | -486.30 Cr | -1,085.98 Cr | -1,284.29 Cr |
| Capital Expenditure | - | -66.10 Cr | -190.47 Cr | -244.11 Cr | -116.15 Cr |
| Free Cash Flow | - | 672.86 Cr | 490.65 Cr | 1,144.38 Cr | 1,251.29 Cr |
| Net Change in Cash | - | -109.86 Cr | 17.45 Cr | 66.33 Cr | -29.71 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 21.8% | 28.1% | 56.5% | 60.9% |
| Operating Margin % | - | 8.8% | 13.0% | 10.9% | 14.4% |
| Net Margin % | - | 3.6% | 3.5% | 1.9% | 6.5% |
| ROE % | - | 11.0% | 9.3% | 4.7% | 16.3% |
| ROCE % | - | 26.6% | 14.4% | 13.6% | 24.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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