Jayaswal Neco Industries Ltd

About [ edit ]

Jayaswal Neco Industries is engaged in manufacture and supply of pig iron, sponge iron, pellet, steel and Iron & steel casting.

  • Market Cap 1,188 Cr.
  • Current Price 18.6
  • High / Low 20.0 / 2.50
  • Stock P/E
  • Book Value -21.8
  • Dividend Yield 0.00 %
  • ROCE -1.82 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Debtor days have improved from 45.59 to 35.51 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.64% over past five years.
  • Company's cost of borrowing seems high
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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
1,036 1,010 1,166 1,086 964 1,109 842 882 799 312 906 1,146
928 869 1,012 963 860 1,017 809 845 761 419 810 896
Operating Profit 108 141 155 123 104 92 33 36 38 -107 95 250
OPM % 10% 14% 13% 11% 11% 8% 4% 4% 5% -34% 11% 22%
Other Income 1 2 7 1 8 3 0 1 -564 2 1 3
Interest 183 173 179 179 179 227 208 214 219 216 224 228
Depreciation 77 68 69 69 67 68 69 72 68 66 67 67
Profit before tax -150 -99 -87 -124 -134 -199 -244 -248 -813 -389 -195 -43
Tax % 1% 0% 1% 0% -1% 0% 0% 0% -0% -0% -0% -0%
Net Profit -148 -98 -86 -124 -136 -199 -244 -248 -814 -389 -195 -43
EPS in Rs -2.32 -1.54 -1.35 -1.94 -2.12 -3.12 -3.82 -3.88 -12.74 -6.09 -3.06 -0.68

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
1,617 1,781 2,259 2,588 2,545 3,157 3,020 2,638 2,509 3,466 4,199 3,611 3,163
1,423 1,491 1,902 2,254 2,227 2,764 2,659 2,410 2,228 3,158 3,675 3,413 2,887
Operating Profit 194 290 357 334 318 393 360 228 281 308 524 197 276
OPM % 12% 16% 16% 13% 13% 12% 12% 9% 11% 9% 12% 5% 9%
Other Income 13 32 19 16 12 10 -74 -30 29 32 17 -557 -559
Interest 113 138 144 178 185 175 186 225 550 659 712 868 888
Depreciation 65 79 84 87 97 116 83 82 255 273 273 276 269
Profit before tax 29 105 148 85 49 112 17 -109 -495 -592 -444 -1,504 -1,440
Tax % 5% 34% 34% 36% 41% 44% 89% 20% 7% 17% 0% -0%
Net Profit 27 69 98 54 29 63 2 -87 -459 -491 -444 -1,504 -1,441
EPS in Rs 2.92 3.91 1.50 0.58 1.06 0.03 -1.36 -7.19 -7.69 -6.95 -23.56 -22.57
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years:7%
5 Years:4%
3 Years:13%
TTM:-17%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-6%
Stock Price CAGR
10 Years:-2%
5 Years:20%
3 Years:39%
1 Year:602%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
286 237 251 360 497 599 639 639 639 639 639 639 639
Reserves 302 356 488 868 1,309 1,525 1,579 1,459 984 496 46 -1,460 -2,030
Borrowings 1,007 1,131 1,213 1,669 2,399 3,655 4,031 4,275 4,189 4,040 3,942 3,940 2,826
511 240 822 648 700 779 957 704 1,154 1,591 2,089 2,643 4,021
Total Liabilities 1,933 1,964 2,775 3,545 4,905 6,557 7,207 7,077 6,965 6,765 6,716 5,762 5,457
1,041 1,128 1,092 1,158 1,260 1,473 1,401 2,200 4,785 4,899 4,641 4,241 4,152
CWIP 150 35 193 620 1,037 2,032 3,137 2,847 457 494 493 82 45
Investments 0 0 0 14 14 14 15 1 1 1 0 0 0
741 801 1,490 1,753 2,594 3,038 2,653 2,029 1,722 1,372 1,582 1,439 1,260
Total Assets 1,933 1,964 2,775 3,545 4,905 6,557 7,207 7,077 6,965 6,765 6,716 5,762 5,457

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
181 71 410 164 209 184 333 498 272 260 374 313
-151 25 -523 -505 -1,147 -977 -515 -27 32 25 -71 -29
-61 -92 122 397 981 889 -10 -484 -292 -225 -372 -284
Net Cash Flow -31 3 8 55 43 97 -192 -13 12 59 -70 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 13% 15% 16% 11% 7% 6% 5% 3% 1% 1% 5% -2%
Debtor Days 33 32 42 41 43 47 38 43 60 59 42 36
Inventory Turnover 4.23 3.64 3.24 2.72 2.20 2.68 2.35 2.33 2.29 3.38 3.49 2.84

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
68.79 68.79 68.79 68.79 68.79 68.79 68.79 68.79 68.79 68.79 68.79 68.79
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00
0.00 0.07 0.00 0.00 0.00 0.00 0.02 0.00 0.01 0.01 0.01 0.01
31.20 31.13 31.20 31.20 31.20 31.20 31.18 31.20 31.21 31.21 31.21 31.21

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