Jayaswal Neco

Why is Jayaswal Neco Industries Ltd falling/rising?

As of 08-Aug, Jayaswal Neco Industries Ltd's stock price is declining to 92.32, influenced by decreased investor participation and a potential trend reversal after prior gains. The company's weak debt servicing ability and high pledged promoter shares further contribute to the cautious market sentiment.

As of 08-Aug, Jayaswal Neco Industries Ltd is experiencing a slight decline in its stock price, currently at 92.32, reflecting a change of -0.34 (-0.37%). This decrease can be attributed to several factors. Despite the stock having shown strong performance in the past, with a 75.25% return over the last year and consistent positive results over the last six quarters, it has underperformed its sector by -0.36% today. <BR><BR>Additionally, the stock has fallen after two consecutive days of gains, indicating a potential trend reversal. Investor participation has also decreased, as evidenced by a 26.25% drop in delivery volume compared to the five-day average, which may signal waning interest among investors. <BR><BR>While the stock is trading above its moving averages, the overall market sentiment appears to be cautious, particularly given the company's weak ability to service its debt, highlighted by a poor EBIT to Interest ratio of 1.90. Furthermore, the high percentage of pledged promoter shares (99.87%) could exert additional downward pressure on the stock in a falling market. These factors collectively contribute to the current decline in the stock price of Jayaswal Neco Industries Ltd.

Which are the latest news on Jayaswal Neco?

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.

How big is Jayaswal Neco?

As of 10th June, Jayaswal Neco Industries Ltd has a market capitalization of 8,647.00 Cr, with recent net sales of 7,131.82 Cr and a net profit of 463.11 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Jayaswal Neco Industries Ltd has a market capitalization of 8,647.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 7,131.82 Cr, while the sum of Net Profit for the same period is 463.11 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2016. Shareholder's Funds are valued at 2,120.78 Cr, and Total Assets amount to 7,097.51 Cr.

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, COO Megh Pal Singh, and Additional Director Sangram K. Swain, along with several Independent Non-Executive and Non-Executive Directors. Ashish Srivastava serves as the Company Secretary and Compliance Officer.

The management team of Jayaswal Neco includes the following key members:<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 includes several Independent Non-Executive Directors:<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 brings a range of expertise to the company’s operations and governance.

Who are the peers of the Jayaswal Neco?

Jayaswal Neco's peers include Godawari Power, Ratnamani Metals, Gallantt Ispat L, Usha Martin, Jindal Saw, Mah. Seamless, Aeroflex, Technocraf.Inds., Surya Roshni, and Bansal Wire Inds. Jayaswal Neco has the highest 1-year return at 119.79%, significantly outperforming its peers.

Peers: The peers of Jayaswal Neco are Godawari Power, Ratnamani Metals, Gallantt Ispat L, Usha Martin, Jindal Saw, Mah. Seamless, Aeroflex, Technocraf.Inds., Surya Roshni, and Bansal Wire Inds.<BR><BR>Quality Snapshot: Excellent management risk is observed at Godawari Power, Ratnamani Metals, Usha Martin, and Technocraf.Inds., while Average management risk is found at Gallantt Ispat L, Jindal Saw, Jayaswal Neco, Mah. Seamless, Aeroflex, Surya Roshni, and Bansal Wire Inds. Good growth is noted at Gallantt Ispat L, Jindal Saw, and Jayaswal Neco, while Below Average growth is seen at Godawari Power, Ratnamani Metals, Usha Martin, Mah. Seamless, Aeroflex, Technocraf.Inds., Surya Roshni, and Bansal Wire Inds. Excellent capital structure is present at Godawari Power, Ratnamani Metals, Usha Martin, Mah. Seamless, Aeroflex, and Surya Roshni, while Average capital structure is found at Jindal Saw, and Below Average capital structure is noted for Jayaswal Neco.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jayaswal Neco at 119.79%, while the lowest is Mah. Seamless at -16.60%. Jayaswal Neco's return significantly exceeds all its peers. Additionally, the six-month return is negative for Surya Roshni and Mah. Seamless.

What does Jayaswal Neco do?

Jayaswal Neco Industries Ltd is a small-cap manufacturer of iron and steel products, with net sales of ₹1,974 Cr and a net profit of ₹191 Cr as of March 2026. The company has a market cap of ₹8,647 Cr and key metrics include a P/E ratio of 18.00 and a debt-equity ratio of 0.65.

Overview:<BR>Jayaswal Neco Industries Ltd is a manufacturer of iron and steel products and operates within the small-cap market segment.<BR><BR>History:<BR>The company was incorporated on November 28, 1972, and changed its name from Jayaswals Neco Limited to Jayaswal Neco Industries Limited on September 7, 2007. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,974 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 191 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 8,647 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 18.00<BR>- Industry P/E: 26<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.65<BR>- Return on Equity: 16.56%<BR>- Price to Book: 3.09<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

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