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GOLD 24K (10g)₹75,420+0.38%
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Jayaswal Neco Industries Limited

Jayaswal Neco Industries Limited

NSE: JAYNECOIND
SteelBasic MaterialsMID CAPMCap ₹9.77k Cr
₹100.62₹4.27 (+4.43%)

Market Closed • NSE

Market cap₹9.77k Cr
Enterprise value₹11.20k Cr
P/E TTM17.32
P/B3.44
EPS TTM₹5.81
ROCE2.93%
D/E0.75
Dividend yield0.00%
Face value₹10.00
52W high₹117.00
52W low₹64.40
Price chart(1Y)
1Y Return:+10.74% (+₹9.76)
H: ₹105.17L: ₹82.52
1W+7.29%
1M+13.13%
3M+14.17%
6M+3.49%
1Y+48.14%
Today at a glance

Day range

₹96.25₹103.90

52 week range

₹64.40₹117.00
Volume17.29M4.51x 20D avg
Free float50.00%+351.50% volume

Jayaswal Neco Industries Limited closed at INR100.62 (+4.43%) on volume 4.51x its 20-day average, trading 14% below its 52-week high.

Technical analysis
RSI (14)63.5Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹4.00High
SMA 20₹92.72BULLISH
SMA 50₹93.23BULLISH
SMA 100₹91.52BULLISH
SMA 200₹89.05BULLISH
CPR bottom₹98.27
Pivot₹97.63
CPR top₹96.99
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +157.6% QoQ

2024-09-20

AGM Announced

Annual General Meeting

2023-09-18

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹2.11k Cr₹9.77k Cr21.58%≤ 33%PASS
Non-halal income ratio–₹7.13k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹5.84k Cr₹5.97k Cr97.89%≥ 20%PASS
Receivables ratio–₹5.97k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E17.3221.90
Forward P/E——
P/B3.442.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield5.804.60
Growth & profitability
RevenuePAT
FY15PAT margin 0.00%
FY16PAT margin -3.60%
FY23PAT margin 3.60%
FY24PAT margin 3.50%
FY25PAT margin 1.90%
FY26PAT margin 6.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+4.00%
Revenue CAGR 5Y+18.80%
PAT CAGR 3Y+26.90%
PAT CAGR 5Y—
Operating margin15.13%
Net margin7.43%
Financial health & cash flow
Net debt₹1.98k CrModerate
Interest coverage2.40xEBIT / interest
CFO / PAT4.37x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.37k Cr
Capital expenditure–
Free cash flow₹1.25k Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall58/100
Valuation60/100
Profitability50/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 4.37x over last 3 years

Attractive Valuation: P/E of 17.3x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
1.20%Institutional holding
43.65%Public holding
5Periods available
0.00%Promoter pledged
96.84KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—20 Sept 2024
—Annual General MeetingAnnual General Meeting—18 Sept 2023
—Annual General MeetingAnnual General Meeting—21 Sept 2022
—Annual General MeetingAnnual General Meeting—22 Dec 2021
—Annual General MeetingAnnual General Meeting—16 Dec 2020
—Annual General MeetingAnnual General Meeting—18 Sept 2019
—Annual General MeetingAnnual General Meeting—18 Sept 2018
—Annual General MeetingAnnual General Meeting—18 Sept 2017
—Annual General MeetingAnnual General Meeting—20 Sept 2016
—Annual General MeetingAnnual General Meeting—21 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)44.70%-20.22% latest vs average
Highest delivery58.56%on 23 Sept
Average volume (20D)3.83MTrading-session average
Conviction trendWeakening-20.22% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Jayaswal Neco Industries Limited
Jayaswal Neco Industries Limited

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]

IndiaBasic Materials

Questions investors ask
Is Jayaswal Neco Industries Limited Shariah compliant?

Jayaswal Neco Industries Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (21.58%) complies with AAOIFI threshold (≤ 33%).

What is Jayaswal Neco Industries Limited's current valuation relative to peers?

Jayaswal Neco Industries Limited trades at a P/E of 17.3x compared to the sector median of 21.9x, and a Price-to-Book of 3.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.75x. Interest coverage is 2.4x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 18.8% while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.