Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹8863 Cr.
Stock P/E
19.1
P/B
—
Current Price
₹91.3
Book Value
₹ 0
Face Value
10
52W High
₹117.1
52W Low
₹ 64.5
Dividend Yield
0%

Jayaswal Neco Inds Overview

Business

Jayaswal Neco Industries Ltd. is an Indian company primarily engaged in the manufacturing and selling of steel and iron products. Its core business model revolves around sourcing raw materials (like iron ore, coal, etc.), processing them through various stages to produce value-added steel and iron products, and distributing these to a diverse customer base. The company makes money through the sales of its manufactured products, catering to sectors such as infrastructure, construction, automotive, and general engineering.

Revenue Mix

Based on the provided information, Jayaswal Neco Industries Ltd. operates predominantly within the "Steel & Iron Products" sector. Specific breakdowns of major business segments (e.g., billets, bars, structurals, pipes, castings) or their precise revenue contributions are not provided in the input, suggesting its revenue is largely consolidated under this primary industry classification.

Industry

The company operates in the Indian steel and iron industry, which is a large, capital-intensive, and cyclical sector. The industry is characterized by significant demand from infrastructure development, construction, and manufacturing growth, but also by volatility in raw material prices and intense competition. While specific market share or ranking is not provided, Jayaswal Neco Industries Ltd. would compete with both large integrated steel players and other mid-sized regional manufacturers, positioning itself based on its product range, quality, and operational footprint within the diverse Indian market.

MOAT

In the commodity-driven steel sector, achieving a durable competitive advantage (moat) is challenging. Jayaswal Neco Industries Ltd.'s potential moats could include:

Scale and Cost Efficiency: Significant production capacity or vertically integrated operations could offer cost advantages in sourcing raw materials or manufacturing.

Established Distribution Network: A robust sales and distribution network across India could provide market reach and customer stickiness.

Product Diversification/Niche: Specialization in certain value-added products or catering to specific industrial needs might offer some differentiation.

Without specific details, it is difficult to definitively ascertain strong, lasting moats, as steel generally remains a price-sensitive commodity.

Growth Drivers

Key factors that can drive growth for Jayaswal Neco Industries Ltd. over the next 3-5 years include:

Infrastructure Spending: Government focus on capital expenditure in infrastructure (roads, railways, housing, urban development) will directly boost steel demand.

Urbanization & Construction: Continued growth in real estate, housing, and commercial construction activities across India.

Manufacturing Sector Growth: Revival and expansion in sectors like automotive, capital goods, and consumer durables, which are significant steel consumers.

Capacity Expansion & Modernization: Any strategic investments by the company to expand production capacity, improve efficiency, or diversify its product portfolio.

Rural Demand: Improving rural incomes and infrastructure development can also contribute to demand for steel products.

Risks

Key business risks for Jayaswal Neco Industries Ltd. include:

Commodity Price Volatility: Fluctuations in prices of raw materials (iron ore, coking coal) and finished steel products can significantly impact profitability.

Economic Cyclicality: The steel industry is highly sensitive to overall economic growth and industrial activity, making it susceptible to economic downturns.

Intense Competition: Competition from both domestic and international players, leading to pricing pressures and potential market share erosion.

High Capital Expenditure: Steel manufacturing is capital-intensive, requiring continuous investment for maintenance, modernization, and expansion, which can lead to high debt levels.

Regulatory & Environmental Compliance: Stringent environmental norms, mining policies, and trade protectionist measures (tariffs, anti-dumping duties) can impact operations and costs.

Management & Ownership

Jayaswal Neco Industries Ltd. is part of the Jayaswal Neco Group. As a publicly listed company (JAYNECOIND), its ownership typically comprises promoter holdings (the founding family/group), institutional investors, and retail shareholders. Information regarding the specific promoter holding percentage or detailed assessment of management quality (e.g., track record, governance practices) is not provided in the prompt.

Outlook

Jayaswal Neco Industries Ltd. operates in a sector poised to benefit from India's long-term growth story, particularly driven by infrastructure development and urbanization. The underlying demand for steel products is likely to remain robust. However, the company's performance will be significantly influenced by the inherent cyclicality of the steel industry, commodity price fluctuations, and intense competition. Its ability to manage raw material costs, maintain operational efficiency, and adapt to market dynamics will be crucial. While the demand tailwinds present an opportunity, the capital-intensive nature and exposure to commodity price volatility mean the company's profitability and financial health will depend on prudent management and favorable market conditions.

Jayaswal Neco Inds Share Price

Live · BSE / NSE · Inception: 1972
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Jayaswal Neco Inds Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Jayaswal Neco Inds Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 TTM
Net Sales 2261 2590 2549 3161 3024 2633
Other Income 19 15 11 9 20 34
Total Income 2281 2606 2560 3170 3044 2667
Total Expenditure 1905 2257 2231 2769 2667 2403
Operating Profit 376 349 329 402 377 264
Interest 144 178 185 175 187 219
Depreciation 84 87 97 116 83 81
Exceptional Income / Expenses 0 0 0 0 -92 -75
Profit Before Tax 148 84 48 111 16 -110
Provision for Tax 50 31 20 49 15 -17
Profit After Tax 98 53 28 62 0 -94
Adjustments 0 0 0 0 0 0
Profit After Adjustments 98 54 28 62 0 -94
Adjusted Earnings Per Share 3.9 1.5 0.6 1 0 -1.5

Jayaswal Neco Inds Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Shareholder's Funds 739 1228 1806 2122 2214 2121
Minority's Interest 0 0 0 0 0 0
Borrowings 555 1145 1465 2480 2982 3046
Other Non-Current Liabilities 347 151 188 231 241 187
Total Current Liabilities 1166 1084 1471 1748 1790 1744
Total Liabilities 2807 3608 4929 6580 7228 7098
Fixed Assets 1098 1166 1268 1481 1410 2207
Other Non-Current Assets 732 1228 2300 3494 4173 3556
Total Current Assets 977 1215 1360 1604 1645 1335
Total Assets 2807 3608 4929 6580 7228 7098

Jayaswal Neco Inds Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Opening Cash & Cash Equivalents 11 19 89 116 213 21
Cash Flow from Operating Activities 410 179 195 184 332 521
Cash Flow from Investing Activities -554 -516 -1114 -976 -515 -27
Cash Flow from Financing Activities 152 408 947 889 -9 -506
Net Cash Inflow / Outflow 8 70 28 96 -192 -13
Closing Cash & Cash Equivalent 19 89 116 213 21 9

Jayaswal Neco Inds Ratios

# Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Earnings Per Share (Rs) 3.91 1.49 0.56 1.04 0 -1.47
CEPS(Rs) 7.27 3.89 2.5 2.97 1.3 -0.2
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 29.46 34.13 36.31 35.44 34.67 33.21
Core EBITDA Margin(%) 14.42 11.68 11.15 11.1 10.64 7.78
EBIT Margin(%) 11.79 9.19 8.15 8.1 6.03 3.67
Pre Tax Margin(%) 5.99 2.95 1.68 3.14 0.47 -3.74
PAT Margin (%) 3.97 1.87 0.97 1.76 0.01 -3.17
Cash Profit Margin (%) 7.38 4.9 4.36 5.03 2.48 -0.44
ROA(%) 4.11 1.66 0.65 1.08 0 -1.31
ROE(%) 14.74 5.43 1.83 3.16 0.01 -4.32
ROCE(%) 15.73 10.66 6.49 5.71 3.35 1.73
Receivable days 30.4 34.99 37.89 36.79 39.43 38.8
Inventory Days 66.76 79.96 95.63 81.77 92.78 96.14
Payable days 54.42 79.21 82.27 65.62 75.72 85.79
PER(x) 5.99 10.74 16.43 8.16 1791.11 0
Price/Book(x) 0.8 0.47 0.25 0.24 0.23 0.21
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0.78 0.84 1.07 1.24 1.49 1.71
EV/Core EBITDA(x) 4.68 6.22 8.28 9.78 11.97 17.06
Net Sales Growth(%) 26.52 14.55 -1.59 24 -4.33 -12.95
EBIT Growth(%) 19.85 -9.95 -11.36 22.94 -29.32 -46.48
PAT Growth(%) 40.48 -45.59 -47.92 123.49 -99.54 0
EPS Growth(%) 32.55 -61.79 -62.59 85.62 -99.57 0
Debt/Equity(x) 1.69 1.4 1.34 1.73 1.83 1.94
Current Ratio(x) 0.84 1.12 0.92 0.92 0.92 0.77
Quick Ratio(x) 0.36 0.49 0.38 0.47 0.4 0.4
Interest Cover(x) 2.03 1.47 1.26 1.63 1.08 0.5
Total Debt/Mcap(x) 2.12 2.97 5.3 7.26 7.88 9.4

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -13% +1% +3% —
Operating Profit CAGR -30% -7% -7% —
PAT CAGR — 0% 0% —
Share Price CAGR +32% +36% +31% +29%
ROE Average -4% 0% +1% +3%
ROCE Average +2% +4% +6% +7%

Jayaswal Neco Inds Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 55.15 %
FII 1.32 %
DII (MF + Insurance) 0.77 %
Public (retail) 42.76 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 54.4754.4754.4754.4755.1555.1555.1555.1555.1555.15
FII 0.10.010.020.020.020.041.071.290.91.32
DII 0000000.510.210.30.77
Public 45.4345.5245.5145.5244.8344.8143.2743.3543.6542.76
Others 0000000000
Total 100100100100100100100100100100

Jayaswal Neco Inds Peer Comparison

Steel & Iron Products Edit Columns

Jayaswal Neco Inds Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Jayaswal Neco Inds Pros & Cons

Pros

Cons

  • Company has a low return on equity of -0% over the last 3 years.
  • Debtor days have increased from 75.72 to 85.79days.
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