Jayaswal Neco

Why is Jayaswal Neco Industries Ltd falling/rising?

As of 01-Sep, Jayaswal Neco Industries Ltd's stock price is at Rs 96.87, down 1.47%, continuing a four-day decline totaling 5.27%. Despite strong financial results, investor interest has waned, and the stock faces risks due to high pledged shares and weak debt servicing capability.

As of 01-Sep, Jayaswal Neco Industries Ltd's stock price is falling, currently at Rs 96.87, reflecting a decrease of Rs 1.45 or 1.47%. This decline is part of a broader trend, as the stock has been losing value for the last four consecutive days, resulting in a total drop of 5.27% during this period. Additionally, the stock has underperformed its sector by 1.77% today.<BR><BR>Investor participation has also decreased, with delivery volume falling by 53.3% compared to the five-day average, indicating reduced interest among investors. The stock touched an intraday low of Rs 95.75, which is a 2.61% decline from its previous price. Although the stock is trading above its longer-term moving averages (20-day, 50-day, 100-day, and 200-day), it is below the 5-day moving average, suggesting short-term weakness.<BR><BR>Despite positive financial results, including a 108.47% growth in net profit and consistent returns over the past three years, the stock faces significant risks. The company's ability to service its debt is weak, as indicated by a poor EBIT to Interest ratio of 1.90, and a concerning 99.87% of promoter shares are pledged. This high level of pledged shares can exert additional downward pressure on the stock price, particularly in a falling market.

Which are the latest news on Jayaswal Neco?

Who are in the management team of Jayaswal Neco?

The management team of Jayaswal Neco includes Chairman Emeritus Basant Lall Shaw, Executive Chairman Arbind Jayaswal, Managing Director Ramesh Jayaswal, and Executive Director & COO Megh Pal Singh, along with several Independent Non-Executive Directors and Non-Executive Directors. Ashish Srivastava serves as the Company Secretary and Compliance Officer.

The management team of Jayaswal Neco includes the following key individuals:<BR><BR>1. **Basant Lall Shaw** - Chairman Emeritus<BR>2. **Arbind Jayaswal** - Executive Chairman<BR>3. **Ramesh Jayaswal** - Managing Director<BR>4. **Megh Pal Singh** - Executive Director & COO<BR>5. **Sangram K. Swain** - Additional Director & Executive Director<BR><BR>Additionally, the board features several Independent Non-Executive Directors, including:<BR>- **BK Agrawal**<BR>- **Ashwini Kumar**<BR>- **Manoj B Shah**<BR>- **Kumkum Rathi**<BR>- **Vinod Kumar Kathuria**<BR>- **R P Mohanka**<BR><BR>There are also Non-Executive Directors:<BR>- **Davinder Chugh**<BR>- **Atul Gupta**<BR><BR>Lastly, **Ashish Srivastava** serves as the Company Secretary and Compliance Officer. This diverse team plays a crucial role in guiding the company's strategic direction and operations.

What does Jayaswal Neco do?

Jayaswal Neco Industries Ltd manufactures alloy steels and iron & steel products and is categorized as a Small Cap company. As of June 2026, it reported net sales of ₹2,107 Cr and a net profit of ₹194 Cr, with a market cap of ₹9,445 Cr.

Overview: <BR>Jayaswal Neco Industries Ltd is engaged in the manufacturing of alloy steels and iron & steel products, operating within the Small Cap category of the Iron & Steel Products industry.<BR><BR>History: <BR>The company was initially incorporated as 'Jayaswals Neco Limited' in 1972 and changed its name to Jayaswal Neco Industries Ltd on September 7, 2007. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 2,107 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 194 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 9,445 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.65 <BR>Return on Equity: 20.11% <BR>Price to Book: 3.38 <BR><BR>Contact Details: <BR>Address: F/8 MIDC Industrial Area, Hingna Road Nagpur Maharashtra : 440016 <BR>Tel: 91-07104-237276/237471/237472 <BR>Email: contact@necoindia.com <BR>Website: http://www.necoindia.com

Who are the peers of the Jayaswal Neco?

Jayaswal Neco's peers include Jindal Saw, Ratnamani Metals, Godawari Power, Usha Martin, and others. Management risk varies from excellent to below average among peers, with Aeroflex showing the highest 1-year return at 208.41%, while Jayaswal Neco has a 1-year return of 70.22%.

Peers: The peers of Jayaswal Neco are Jindal Saw, Ratnamani Metals, Godawari Power, Usha Martin, Gallantt Ispat L, Mah. Seamless, Technocraf.Inds., Aeroflex, Shivalik Bimetal, and Man Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ratnamani Metals, Godawari Power, Usha Martin, and Shivalik Bimetal, while Good management risk is found at Technocraf.Inds. Average management risk is noted at Jindal Saw, Gallantt Ispat L, Mah. Seamless, Aeroflex, and Jayaswal Neco, and the rest. Below Average management risk is present at Man Industries. Growth ratings show that Excellent growth is only found at Gallantt Ispat L, while Below Average growth is observed at Jindal Saw, Ratnamani Metals, Godawari Power, Usha Martin, Mah. Seamless, Jayaswal Neco, and the rest. Good growth is noted at Technocraf.Inds. Capital Structure ratings indicate Excellent capital structure at Ratnamani Metals, Godawari Power, Usha Martin, Gallantt Ispat L, and Aeroflex, while Average capital structure is found at Jindal Saw and the rest, and Below Average at Jayaswal Neco.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Aeroflex at 208.41%, while Gallantt Ispat L has the lowest at -1.62%. Jayaswal Neco's 1-year return of 70.22% is significantly higher than Gallantt Ispat L's but lower than Aeroflex's. Additionally, Godawari Power and Gallantt Ispat L have negative six-month returns.

How big is Jayaswal Neco?

As of 31st August, Jayaswal Neco Industries Ltd has a market capitalization of 9,445.00 Cr, with recent net sales of 7,589.03 Cr and a net profit of 564.01 Cr.

As of 31st August, Jayaswal Neco Industries Ltd has a market capitalization of 9,445.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 7,589.03 Cr and a Net Profit of 564.01 Cr.<BR><BR>The latest annual period for the balance sheet is March 2016, with Shareholder's Funds amounting to 2,120.78 Cr and Total Assets valued at 7,097.51 Cr.

Are Jayaswal Neco Industries Ltd latest results good or bad?

Jayaswal Neco Industries Ltd's latest results are strong, with a net profit of ₹193.92 crores, up 108.45% year-on-year, and revenue growth of 27.72% to ₹2,106.56 crores. Despite a slight decline in operating margin, the company shows solid profitability and effective cost management, indicating a positive growth trajectory.

The latest results for Jayaswal Neco Industries Ltd are quite strong, indicating a positive performance. In Q1 FY27, the company reported a net profit of ₹193.92 crores, which is an impressive 108.45% increase year-on-year. Additionally, revenue grew by 27.72% compared to the same quarter last year, reaching ₹2,106.56 crores. This reflects the company's ability to capitalize on favorable market conditions and operational efficiencies.<BR><BR>While there was a slight decline in the operating margin to 18.78% from the previous quarter's 19.03%, this still represents a significant improvement from earlier periods. The company’s return on equity (ROE) stands at 16.56%, showcasing strong capital efficiency.<BR><BR>Overall, the results suggest that Jayaswal Neco is on a solid growth trajectory, with strong profitability metrics and effective cost management. The management's focus on operational discipline appears to be yielding positive results, making these results favorable for the company.

Should I buy, sell or hold Jayaswal Neco Industries Ltd?

When is the next results date for Jayaswal Neco Industries Ltd?

The next results date for Jayaswal Neco Industries Ltd is July 17, 2026.

The next results date for Jayaswal Neco Industries Ltd is scheduled for July 17, 2026.

Is Jayaswal Neco technically bullish or bearish?

As of November 24, 2025, the trend is mildly bullish based on daily moving averages, but caution is warranted due to mixed signals from weekly indicators and a bearish monthly RSI.

As of 24 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages indicating a positive trend. However, the weekly MACD and KST are mildly bearish, which introduces some caution. The monthly MACD remains bullish, suggesting potential strength in the longer term. The RSI on the monthly timeframe is bearish, indicating weakness. Overall, while there are mixed signals, the daily indicators provide a more optimistic outlook, albeit with some underlying bearish pressures in the weekly timeframe.

How has been the historical performance of Jayaswal Neco?

Jayaswal Neco's historical performance from 2010 to 2016 showed significant fluctuations, with net sales peaking at 3,160.79 crore in 2014 before declining to 2,632.50 crore in 2016, while profitability turned negative in 2016 with a profit after tax of -93.59 crore. Despite increased total assets and liabilities, the company faced volatility in profitability and cash flow during this period.

Answer:<BR>The historical performance of Jayaswal Neco has shown significant fluctuations over the years, particularly from 2010 to 2016.<BR><BR>Breakdown:<BR>From March 2010 to March 2016, Jayaswal Neco's net sales increased from 1,787.41 crore to 2,632.50 crore in 2016, peaking at 3,160.79 crore in 2014 before declining in subsequent years. Other operating income has remained minimal, contributing slightly to total operating income, which reached a high of 3,161.05 crore in 2014 but fell to 2,632.62 crore by 2016. The company's total expenditure, excluding depreciation, rose from 1,497.20 crore in 2010 to 2,404.17 crore in 2016, reflecting increased operational costs. Operating profit (PBDIT) peaked at 400.09 crore in 2014 but dropped to 262.77 crore in 2016, while profit before tax turned negative in 2016 at -110.45 crore, following a profit of 15.65 crore in 2015. Consequently, profit after tax also fell sharply to -93.59 crore in 2016, down from a slight profit of 0.29 crore in 2015. The company's total assets increased from 2,807.46 crore in 2011 to 7,097.51 crore in 2016, with total liabilities also rising from 2,807.46 crore to 7,227.88 crore in the same period. Cash flow from operating activities improved to 520.82 crore in 2016, despite a net cash outflow of -12.52 crore, indicating challenges in financing activities. Overall, Jayaswal Neco's performance has been marked by volatility, particularly in profitability and cash flow, alongside a steady increase in assets and liabilities.

Is Jayaswal Neco overvalued or undervalued?

As of November 10, 2025, Jayaswal Neco is considered very expensive and overvalued with a PE ratio of 18.74, despite a strong year-to-date return of 86.38%, indicating that investors may be paying a premium not justified by its fundamentals compared to peers like JSW Steel and Tata Steel.

As of 10 November 2025, the valuation grade for Jayaswal Neco has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key financial ratios include a PE ratio of 18.74, an EV to EBITDA of 7.70, and a ROE of 15.86%. <BR><BR>When compared to peers, Jayaswal Neco's valuation appears starkly higher; for instance, JSW Steel has a PE ratio of 47.11 and Tata Steel stands at 46.66, both categorized as expensive, while Jayaswal Neco remains at a much lower valuation yet is still classified as very expensive. Additionally, despite a strong year-to-date return of 86.38%, which outpaces the Sensex's 6.91%, the current valuation metrics suggest that investors may be paying a premium for the stock that is not justified by its fundamentals.

Who are the top shareholders of the Jayaswal Neco?

The top shareholders of Jayaswal Neco include Jayaswal Holdings Pvt Ltd with 5.75%, and Assets Care And Reconstruction Enterprise Ltd as the largest public shareholder at 26.45%. Individual investors hold 5.37%, while mutual funds and foreign institutional investors have negligible stakes.

The top shareholders of Jayaswal Neco primarily consist of promoters, with a significant portion of their holdings pledged. The promoter with the highest stake is Jayaswal Holdings Pvt Ltd, which holds 5.75% of the company. Additionally, the highest public shareholder is Assets Care And Reconstruction Enterprise Ltd, owning 26.45%. Individual investors collectively hold 5.37%, while mutual funds and foreign institutional investors have minimal holdings, with mutual funds holding 0% and FIIs holding 0.02%.

Has Jayaswal Neco declared dividend?

No Dividend History Available