1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Jayaswal Neco Industries Limited

Jayaswal Neco Industries Limited

88.95
INR
-2.36
(-2.58%)
5.69EPS
14.91P/E
82.34BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
59.6
48.31
40.06
39.4
55.2
66.05
56.7
57.66
75.25
65.21
61.03
61.64
73.25
76.83
Basic EPS, GAAP
1.17
- -
-1.32
-7.19
-7.69
-6.95
-23.56
-8.74
28.4
2.34
2.16
1.16
4.77
5.69
Free Cash Flow per Basic Share
-15.06
-3.03
5.6
3.59
3.97
5.61
4.36
6.73
10.49
6.93
5.05
11.79
12.89
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
35.44
34.67
33.21
25.64
18.01
10.96
-12.63
-21.34
18.88
21.19
23.31
24.47
29.26
- -
Tangible Book Value per Share
32.04
31.3
32.85
25.34
17.95
10.91
-13.15
-21.93
18.38
20.9
23.03
24.23
28.99
- -
Basic Weighted Avg Shares
530
626
660
639
639
639
639
639
791
971
971
971
971
971
Sales/Revenue/Turnover
31,611
30,243
26,422
25,162
35,253
42,184
36,208
36,825
59,550
63,320
59,261
59,850
71,128
74,574
Operating Margin (%)
8.81
9.23
6.53
1.17
1.35
6.41
-1.94
10.16
17.97
8.76
12.97
11.05
14.61
14.67
Depreciation Expense
1,157
828
807
2,551
2,730
2,727
2,763
2,668
2,610
2,657
2,659
2,867
3,010
3,021
Net Income, GAAP
621
3
-871
-4,593
-4,914
-4,439
-15,045
-5,583
22,473
2,269
2,100
1,127
4,631
5,519
Effective Tax Rate (%)
44.02
98.18
- -
- -
- -
- -
- -
- -
2.75
- -
27.85
- -
23.26
23.95
Profit Margin (%)
1.97
0.01
-3.29
-18.25
-13.94
-10.52
-41.55
-15.16
37.74
3.58
3.54
1.88
6.51
7.4
Working Capital
-1,436
-1,450
-4,088
-9,576
-16,765
-21,028
-30,344
-36,203
14,396
-17,295
16,195
11,178
6,681
- -
LT Debt
24,797
29,825
30,459
28,075
26,025
23,672
21,332
18,847
34,409
304
30,629
24,352
13,343
- -
Total Equity
21,218
22,144
21,208
16,375
11,499
6,998
-8,064
-13,626
18,334
20,578
22,633
23,756
28,414
- -
Return on Invested Capital (%)
1.29
- -
- -
- -
- -
- -
- -
- -
66.55
- -
9.93
- -
15.69
- -
Return on Capital (%)
3.13
0.06
- -
- -
- -
- -
- -
- -
66.09
- -
9.95
- -
15.12
- -
Return on Common Equity (%)
3.16
0.01
-4.02
-24.44
-35.26
-47.99
- -
- -
- -
11.66
9.72
4.86
17.75
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,900
- -
LT Borrowings
- -
13,246
- -
LT Finance Leases
- -
97
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
971
971
971
Market Capitalization
85,254
69,708
82,341

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
23,790
- -
Cash, Cash Equivalents & STI
- -
1,266
- -
Accounts Receivable, Net
- -
4,690
- -
Inventories
- -
13,952
- -
Total Current Liabilities
- -
17,109
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,900
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-42.57%
-37.55%
19.61%
Free Cash Flow
23.56%
37.92%
9.34%
Net Income, GAAP
26.57%
-67.05%
311%
Sales/Revenue/Turnover
12.4%
16.29%
18.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
14,376
12,301
16,568
16,753
59,850
2026
16,494
- -
17,272
19,742
71,128
2027
21,066
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.33
-0.35
0.79
1.05
1.16
2026
0.96
- -
0.76
1.97
4.77
2027
2
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ramesh Basant Lall Jayaswal
Full Time Employees
10,015
Sector
Non-energy minerals
Industry
Steel
Address
D-3/1, Central MIDC Road Nagpur MA India 440016
IPO Date
Dec 5, 1994
Website
necoindia.com
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Business
Jayaswal Neco Industries Limited is a prominent Indian manufacturer and global supplier of diverse metallic products and castings. The company strategically segments its operations across steel production, iron and steel castings, and other related activities. Its extensive product portfolio includes pig iron, sponge iron, steel billets, and a variety of rolled steel items such as alloy steel bars and wire rods, along with pellets. Furthermore, it is a key producer of iron and steel castings for construction, automotive, and general engineering applications, providing items like pipes, fittings, and manhole covers. The company’s integrated business model encompasses captive mining operations for iron ore and coal, supported by its own power generation facilities. It also engages in trading coal, coke, and PVC pipes. Jayaswal Neco serves a broad spectrum of industries including the automotive sector, power generation, railway systems, oil and gas, defense, heavy engineering, and infrastructure projects, reaching both domestic and international markets. The company recently reported a substantial surge in its Q4 financial results for FY2025, demonstrating significant profit and revenue growth. In a move reflecting improved financial health, it exercised an early repayment option for substantial non-convertible debentures, following a successful debt refinancing effort. Jayaswal Neco Industries, founded in 1972 and based in Nagpur, India, has successfully navigated a remarkable financial turnaround, evolving into a robust and integrated steel and mining enterprise.