Jayaswal Neco Industries Ltd

Jayaswal Neco Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Jayaswal Neco Industries Ltd

₹ 41.1 -6.83%
30 Apr - close price
necoindia.com BSE: 522285 NSE: JAYNECOIND
About

Jayaswal Neco Industries Limited (JNIL) is the flagship company of NECO Group of Industries. Started in 1976 as a small-scale Iron Foundry unit, Jayaswal Neco Industries Limited (Foundry Division) is now a producer of Iron & steel castings. The Company is engaged in the manufacturing and supply of billets, rolled products, pig iron & skull, sponge iron, pellet, steel, and Iron & steel castings.[1]

Key Points

Product Categories
Steel Plant Products, Automotive Components, Construction Components, Engineering Components, Fabrication Products, NSSL Valves & Services, Refractory Products, Defense Equipments. [1]

Website BSE NSE
  • Market Cap ₹ 3,989 Cr.
  • Current Price ₹ 41.1
  • High / Low ₹ 55.5 / 26.1
  • Stock P/E 35.4
  • Book Value ₹ 24.5
  • Dividend Yield 0.00 %
  • ROCE 12.6 %
  • ROE 4.86 %
  • Face Value ₹ 10.0
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Pros

  • Promoter holding has increased by 2.12% over last quarter.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.7% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 9.39% over last 3 years.
  • Promoters have pledged 96.7% of their holding.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Steel Industry: Steel - Large

Part of BSE Allcap BSE Industrials BSE SmallCap

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,592 1,527 1,661 1,686 1,469 1,465 1,501 1,556 1,411 1,438 1,230 1,657 1,675
1,302 1,319 1,550 1,410 1,281 1,256 1,206 1,266 1,179 1,273 1,061 1,393 1,334
Operating Profit 290 208 110 276 188 208 296 290 233 165 170 264 342
OPM % 18% 14% 7% 16% 13% 14% 20% 19% 16% 11% 14% 16% 20%
1,714 4 11 -46 2 4 2 10 -15 5 2 3 3
Interest -273 113 114 114 111 105 107 115 142 144 145 140 134
Depreciation 60 65 66 66 68 66 67 67 67 67 71 74 74
Profit before tax 2,217 32 -59 50 12 40 124 119 8 -41 -45 53 137
Tax % 3% 28% -337% -16% 55% 32% 26% 25% 75% -23% -24% -46% 26%
2,153 23 141 58 5 28 92 89 2 -32 -34 77 102
EPS in Rs 22.17 0.24 1.45 0.59 0.05 0.28 0.94 0.91 0.02 -0.33 -0.35 0.79 1.05
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
3,157 3,020 2,638 2,509 3,466 4,199 3,611 3,676 5,911 6,297 5,887 6,000
2,764 2,659 2,407 2,228 3,158 3,675 3,410 3,066 4,610 5,515 4,859 5,060
Operating Profit 393 360 231 281 308 524 200 610 1,301 782 1,028 940
OPM % 12% 12% 9% 11% 9% 12% 6% 17% 22% 12% 17% 16%
10 -74 -34 29 31 17 -560 6 1,730 -29 -0 13
Interest 175 186 225 550 659 712 868 909 459 453 470 562
Depreciation 116 83 82 255 273 273 276 267 261 266 266 287
Profit before tax 112 17 -109 -495 -592 -444 -1,504 -559 2,311 34 291 103
Tax % 44% 89% -20% -7% -17% -0% 0% -0% 3% -565% 28% -9%
63 2 -87 -459 -491 -444 -1,504 -558 2,247 227 210 113
EPS in Rs 1.06 0.03 -1.36 -7.19 -7.69 -6.95 -23.56 -8.74 23.14 2.34 2.16 1.16
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 11%
3 Years: 1%
TTM: 2%
Compounded Profit Growth
10 Years: 4%
5 Years: 16%
3 Years: -42%
TTM: -48%
Stock Price CAGR
10 Years: 17%
5 Years: 67%
3 Years: 24%
1 Year: -26%
Return on Equity
10 Years: %
5 Years: %
3 Years: 9%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 599 639 639 639 639 639 639 639 971 971 971 971
Reserves 1,525 1,579 1,459 999 511 61 -1,445 -2,001 862 1,087 1,292 1,405
3,655 4,031 4,275 4,189 4,040 3,942 3,940 3,829 3,845 3,414 3,214 2,735
779 957 704 1,139 1,575 2,074 2,628 3,434 644 582 623 631
Total Liabilities 6,557 7,207 7,077 6,965 6,765 6,716 5,762 5,901 6,322 6,054 6,100 5,741
1,473 1,401 2,200 4,785 4,899 4,641 4,241 3,992 3,744 3,536 3,316 3,402
CWIP 2,032 3,137 2,847 457 494 493 82 82 95 94 219 110
Investments 14 15 1 1 1 0 0 0 0 0 0 0
3,038 2,653 2,029 1,722 1,372 1,582 1,439 1,827 2,483 2,423 2,565 2,230
Total Assets 6,557 7,207 7,077 6,965 6,765 6,716 5,762 5,901 6,322 6,054 6,100 5,741

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
184 333 498 272 260 374 313 448 860 739 681 1,388
-977 -515 -27 32 25 -71 -29 -17 -26 -57 -177 -236
889 -10 -484 -292 -225 -372 -284 -150 -943 -792 -486 -1,086
Net Cash Flow 97 -192 -13 12 59 -70 0 281 -109 -110 17 66

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 47 38 43 60 59 42 36 33 28 27 26 24
Inventory Days 141 175 132 188 106 142 143 182 163 139 226 170
Days Payable 67 82 38 79 55 57 47 36 37 35 44 33
Cash Conversion Cycle 122 131 137 169 110 128 131 178 154 132 208 161
Working Capital Days 70 77 90 4 -92 -116 -231 -203 84 80 102 76
ROCE % 6% 5% 3% 1% 1% 5% -2% 12% 26% 10% 14% 13%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
48.03% 48.03% 48.03% 48.03% 48.03% 48.03% 53.02% 53.02% 53.02% 53.02% 53.02% 55.14%
0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.05% 0.10% 0.01% 0.01% 0.02% 0.02%
51.97% 51.95% 51.97% 51.97% 51.96% 51.97% 46.92% 46.88% 46.96% 46.96% 46.97% 44.85%
No. of Shareholders 40,62039,05139,54039,36638,98740,99441,68145,19745,57951,02650,91151,310

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

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Credit ratings