MarketFriction

Jayaswal Neco Industries Ltd

NSE JAYNECOIND · BSE 522285 · Iron & Steel Products
₹91.28 -1.63%
NSE close2026-10-01
52 week range64.40 - 117.00
Market cap₹8,997 Cr.
P/E15.7
Microcap 250 Price band 20% Delivery 43.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,5011,5561,4111,4381,2301,6571,6751,6491,7811,7271,9742,107
Expenses1,2061,2661,1791,2731,0611,3931,3341,3351,4541,4171,5991,711
Operating Profit296290233165170264342315327310376396
OPM %20%19%16%11%14%16%20%19%18%18%19%19%
Other Income210-15523354-10512
Interest1071151421441451401341191121266966
Depreciation676767677174747576767577
Profit before tax1241198-41-455313712514399236265
Tax %26%25%75%-23%-24%-46%26%26%26%25%19%27%
Net Profit92892-32-34771029310574191194
EPS in Rs0.940.910.02-0.33-0.350.791.050.961.080.761.972.00
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,6382,5093,4664,1993,6113,6765,9116,2975,8875,9547,0857,589
Expenses2,4072,2283,1583,6753,4103,0664,6105,5154,8595,0135,7566,180
Operating Profit2312813085242006101,3017821,0289411,3291,409
OPM %9%11%9%12%6%17%22%12%17%16%19%19%
Other Income-34293117-56061,730-29-013310
Interest225550659712868909459453470564427372
Depreciation82255273273276267261266266287301303
Profit before tax-109-495-592-444-1,504-5592,31134291103603743
Tax %-20%-7%-17%-0%0%-0%3%-565%28%-9%23%
Net Profit-87-459-491-444-1,504-5582,247227210113463564
EPS in Rs-1.36-7.19-7.69-6.95-23.56-8.7423.142.342.161.164.775.81
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%14%4%22%
Compounded Profit Growth37%23%20%141%
Stock Price CAGR30%32%38%38%
Return on Equity%18%11%18%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital639639639639639639639971971971971971
Reserves1,5791,45999951161-1,445-2,0018621,0871,2921,4051,870
Borrowings4,0314,2754,1894,0403,9423,9403,8293,8453,4143,2142,7352,109
Other Liabilities9577041,1391,5752,0742,6283,4346445826236311,020
Total Liabilities7,2077,0776,9656,7656,7165,7625,9016,3226,0546,1005,7415,970
Fixed Assets1,4012,2004,7854,8994,6414,2413,9923,7443,5363,3163,3843,204
CWIP3,1372,84745749449382829594219127117
Investments1511100000002
Other Assets2,6532,0291,7221,3721,5821,4391,8272,4832,4232,5652,2302,646
Total Assets7,2077,0776,9656,7656,7165,7625,9016,3226,0546,1005,7415,970
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3334982722603743134488607396811,3881,367
Cash from Investing Activity-515-273225-71-29-17-26-57-177-236-113
Cash from Financing Activity-10-484-292-225-372-284-150-943-792-486-1,086-1,284
Net Cash Flow-192-131259-700281-109-1101766-30
Free Cash Flow-1894322812543582824308306754991,1441,251
CFO/OP96%215%98%83%72%156%72%66%94%68%148%104%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days384360594236332827262524
Inventory Days175132188106142143182163139226170183
Days Payable823879555747363735443356
Cash Conversion Cycle131137169110128131178154132208161151
Working Capital Days-25-61-148-189-191-318-39659-117925721
ROCE %5%3%1%1%5%-2%12%26%10%14%13%21%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters49.48%54.46%54.46%54.46%54.46%54.46%55.15%55.15%55.15%55.15%55.15%55.15%
FIIs0.00%0.05%0.10%0.01%0.01%0.02%0.02%0.04%1.07%1.29%0.90%1.32%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.51%0.21%0.30%0.78%
Public50.53%45.48%45.43%45.52%45.52%45.52%44.83%44.81%43.27%43.35%43.65%42.75%
No. of Shareholders40,99441,68145,19745,57951,02650,91151,30951,6111,02,7681,02,76396,84498,451

Fundamentals

Market Cap₹ 8,997 Cr.
Current Price₹ 92.7
Stock P/E15.7
Book Value₹ 29.3
ROCE20.7 %
ROE18.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)22%
Compounded Profit Growth (TTM)141%
Standalone figures.
Valuation
Market capRs 8,863 Cr
Enterprise valueRs 10,705 Cr
P/E (TTM)15.71x
Price to book3.12x
Price to sales1.17x
EV / EBITDA7.55x
EV / EBIT9.60x
EV / sales1.41x
Price to cash flow6.48x
Earnings yield6.36%
P/E, 3-year average20.93x
P/B, 3-year average1.90x
P/E, 5-year average14.56x
P/B, 5-year average1.58x
Profitability
Operating margin (excl. other income)18.75%
Operating margin (incl. other income)18.80%
EBITDA margin18.69%
Pre-tax margin9.79%
Net profit margin7.43%
Net margin, latest quarter9.21%
ROE17.75%
ROCE20.49%
ROA7.91%
ROE, 3-year average10.78%
ROCE, 3-year average15.66%
ROA, 3-year average4.42%
ROE, 5-year average199.73%
ROCE, 5-year average24.75%
ROA, 5-year average10.74%
ROIC (approx.)18.28%
Tax rate23.26%
Other income / net worth0.11%
Growth
Sales growth (latest year)19.00%
Profit growth (latest year)311.00%
Sales CAGR, 3 years4.01%
Sales CAGR, 5 years14.02%
Profit CAGR, 3 years26.85%
Sales growth QoQ6.70%
Profit growth QoQ1.60%
Sales growth YoY (latest quarter)27.72%
Profit growth YoY (latest quarter)108.47%
Per share
EPS (TTM)Rs 5.81
EPS (latest year)Rs 4.77
EPS (latest quarter)Rs 2.00
EPS, 3-year averageRs 2.70
EPS, 5-year averageRs 6.71
Book value per shareRs 29.26
Sales per shareRs 78.16
Cash flow per shareRs 14.08
Free cash flow per shareRs 12.88
Efficiency
Asset turnover1.19x
Fixed asset turnover2.21x
Inventory turnover3.51x
Inventory days104 days
Debtor days24 days
Debtors turnover15.11x
Creditor days56 days
Cash conversion cycle151 days
Working capital days21 days
Leverage
Total debtRs 2,109 Cr
Cash and bankRs 267 Cr
Net debtRs 1,841 Cr
Debt to equity0.74x
Net debt / EBITDA1.30x
Interest coverage3.00x
Current ratio (filing 2026-03-31)1.39x
Quick ratio (filing 2026-03-31)0.58x
Trade payables (filing 2026-03-31)Rs 424 Cr
Owners' fund to total sources47.59%
Debt to assets35.32%
Cash flow
Cash from Operating Activity (latest year)Rs 1,367 Cr
Cash from Investing Activity (latest year)Rs -113 Cr
Cash from Financing Activity (latest year)Rs -1,284 Cr
Net Cash Flow (latest year)Rs -30 Cr
Free cash flow (latest year)Rs 1,251 Cr
FCFE (approx.: FCF + change in debt)Rs 625 Cr
Cash from ops / profit, 5 years1.54x
Sales to cash flow5.18x
Statement figures
Net sales (TTM)Rs 7,589 Cr
Net sales (latest year)Rs 7,085 Cr
Sales (latest quarter)Rs 2,107 Cr
Operating profit excl. other income (latest year)Rs 1,329 Cr
Operating profit (latest quarter)Rs 396 Cr
Other income (TTM)Rs 10 Cr
EBITDA (TTM)Rs 1,419 Cr
PBDT (TTM)Rs 1,046 Cr
Profit before tax (TTM)Rs 743 Cr
Tax (latest year)Rs 140 Cr
Net profit (TTM)Rs 564 Cr
Net profit (latest year)Rs 463 Cr
Net profit (latest quarter)Rs 194 Cr
Depreciation (TTM)Rs 303 Cr
Depreciation (latest quarter)Rs 77 Cr
Interest (TTM)Rs 372 Cr
Cost of goods sold (latest year)Rs 4,891 Cr
Total expenditure (latest year)Rs 5,756 Cr
Total income (latest year)Rs 7,088 Cr
Share capitalRs 971 Cr
ReservesRs 1,870 Cr
Shareholders' fundsRs 2,841 Cr
Total assetsRs 5,970 Cr
Net blockRs 3,204 Cr
Capital work in progressRs 117 Cr
InvestmentsRs 2 Cr
ReceivablesRs 469 Cr
InventoryRs 1,395 Cr
Other liabilitiesRs 1,020 Cr
Shares outstanding (crore)97.10
Ownership
Promoter holding55.15% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 15.7 is at the 32th percentile of its own 4.4-year range (median 18.9, low 0.9, high 305.3).
P/B 3.12 is at the 91th percentile (median 1.27).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodJAYNECOINDNifty 50Difference
1 week+2.0%-2.8% +4.7 pts
1 month-5.8%-6.8% +1.0 pts
3 months+0.3%-7.6% +7.9 pts
6 months+27.6%+0.4% +27.2 pts
1 year+27.3%-9.9% +37.2 pts
2 years+79.7%-13.6% +93.2 pts
3 years+159.0%+14.2% +144.8 pts
5 years+287.6%+27.9% +259.7 pts
8 mutual fund schemes hold about ₹11 Cr. Over three months 6 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal Nifty Microcap 250 Index Fund0.45%11 +8%
Groww Nifty Total Market Index Fund0.02%0 +11%
Angel One Nifty Total Market Index Fund0.02%0 +11%
Mirae Asset Nifty Total Market Index Fund0.02%0 +11%
Bandhan Nifty Total Market Index Fund0.02%0 +10%
Motilal Oswal BSE 1000 Index Fund0.02%0 +11%
Samco Multi Cap Fund0.00%0 -100%
Samco Small Cap Fund0.00%0 -100%

Red flags

F-score 8 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹2,107 Cr +27.8% vs Jun 2025. Net profit ₹194 Cr +108.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-18Annual General Meeting
2022-09-21Annual General Meeting
2021-12-22 Annual General Meeting
2020-12-16 Annual General Meeting
2019-09-18 Annual General Meeting
2018-09-18 Annual General Meeting
2017-09-18 Annual General Meeting
2016-09-20 Annual General Meeting
2015-09-21 Annual General Meeting
2014-09-11Annual General Meeting
2013-09-19Annual General Meeting
2012-09-20Annual General Meeting
2011-09-15Annual General Meeting
2010-09-23Annual General Meeting
2009-12-23Annual General Meeting
2008-09-18Annual General Meeting
2007-09-20Agm
2006-09-14Agm
DateTypeWhat it says
2026-10-01AppointmentAppointment of Rana Das as Senior Management Personnel of the company w.e.f. October 01, 2026.
2026-10-01General UpdatesGeneral Updates on earlier intimation dated 25th April, 2026
2026-10-01AllotmentAllotment of 22439134 warrants pursuant to Preferential Issue at its meeting held on October 01, 2026
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-07-08NCLTJayaswal Neco Industries Ltd vs Sanitech Engineers & Consultants Pvt Ltd Vs
2021-04-01NCLTM/s Jayaswal Neco Industries Ltd Vs M/s Globe Noble Engineering Pvt Ltd
2021-03-24NCLTJayaswal Neco Industries Ltd vs Sanitech Engineers & Consultants Pvt Ltd Vs
2021-03-08NCLTJayaswal Neco Industries Ltd vs Sanitech Engineers & Consultants Pvt Ltd Vs
2021-01-04NCLTJayaswal Neco Industries Ltd vs Sanitech Engineers & Consultants Pvt Ltd Vs
2021-01-04NCLTm/s Jayaswal Neco Industries Ltd Vs M/s Alpha Pecific Engineers Pvt Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
The Overall encumbered share in the scrip is more than 50 Percent.

Quick answers

What is the market cap of Jayaswal Neco Industries Ltd?

Jayaswal Neco Industries Ltd (JAYNECOIND) has a market capitalisation of Rs 8,997 Cr. at the 2026-10-01 close.

What is the P/E ratio of Jayaswal Neco Industries Ltd?

Jayaswal Neco Industries Ltd trades at a P/E of 15.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Jayaswal Neco Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Jayaswal Neco Industries Ltd sales was Rs 2,107 Cr (+27.8% vs Jun 2025) and net profit was Rs 194 Cr.

What is the 52-week high and low of Jayaswal Neco Industries Ltd?

The 52-week high is Rs 117.00 and the 52-week low is Rs 64.40.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03