Jayaswal Neco Industries Ltd.

•

₹ 99.896.63%

2026-08-21

necoindia.comBSE: 522285NSE: JAYNECOIND

Market Cap₹ 8,856 Cr.

Current Price₹ 94

High / Low₹ 117 / 57

Stock P/E—

Book Value—

Price to Book—

Dividend Yield0.00 %

ROCE1.7 %

ROE-4.3 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2016 • Steel: 84.8% • Iron & Steel Casting: 13.6% • Other: 1.6%

PROS

Working capital cycle has improved - days down from -16 to -51
Institutional investors have been accumulating - FII+DII up 2.0pp

CONS

Company is loss-making at the operating / net level
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -33.26x)
Company has a low return on equity of -0.4% over last 3 years
Company has a low return on capital employed of 3.6%
Interest coverage is weak at 0.5x - earnings barely cover interest

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Capital GoodsIron & SteelSteel & Iron Products

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	JSWSTEEL	1281.30	12.64	313336.02	0.55	4696.00	112.58	47364.00	11.55	20.67	19.60
2.	TATASTEEL	184.00	20.82	229695.59	2.17	2385.24	18.82	60794.29	15.26	12.70	15.40
3.	SAIL	172.50	16.68	71251.56	1.36	1644.05	120.80	26245.67	1.25	6.39	15.92
4.	JSL	723.75	18.37	59667.37	0.55	768.66	7.56	11278.54	10.50	19.19	12.09
5.	APLAPOLLO	2115.90	47.80	58749.74	0.40	263.11	10.94	5606.71	12.07	22.90	7.34
6.	WELCORP	1974.70	22.56	52090.74	0.25	1047.88	200.11	4081.12	14.91	23.94	32.17
7.	SHYAMMETL	988.70	24.57	27597.77	0.46	350.73	20.66	5455.09	23.45	13.88	14.03
8.	SARDAEN	512.45	15.98	18057.78	0.39	478.13	9.50	1608.04	-1.07	15.84	41.59
9.	JINDALSAW	268.95	26.32	17199.57	0.74	90.79	-78.15	4452.31	9.00	10.38	8.79
10.	GPIL	246.30	20.55	16578.39	0.41	222.37	2.75	1750.47	32.29	23.51	19.36
11.	RATNAMANI	2295.95	37.17	16092.77	0.44	107.03	-15.82	971.63	-15.63	18.01	16.69
12.	JAYNECOIND	91.20	0.00	8855.50	0.00	193.92	108.47	2106.56	27.72	20.48	18.78

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016
	2,261	2,590	2,549	3,161	3,024	2,633
	1,905	2,257	2,231	2,769	2,667	2,403
Operating Profit	376	349	329	402	377	264
OPM %	17	13	13	13	12	10
Other Income	19	15	11	9	20	34
Interest	144	178	185	175	187	219
Depreciation	84	87	97	116	83	81
	148	84	48	111	16	-110
Tax %	34	37	42	44	98	15
Net Profit	98	53	28	62	0	-94
EPS	4	2	1	1	0	-1
Dividend Payout %	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0
Adjusted EPS	4	1	1	1	0	-1
Minority Interest	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0
Adjusted EPS	4	1	1	1	0	-1

Mar 2011

: 2,261
: 1,905
Operating Profit: 376
OPM %: 17
Other Income: 19
Interest: 144
Depreciation: 84
: 148
Tax %: 34
Net Profit: 98
EPS: 4
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4

Mar 2012

: 2,590
: 2,257
Operating Profit: 349
OPM %: 13
Other Income: 15
Interest: 178
Depreciation: 87
: 84
Tax %: 37
Net Profit: 53
EPS: 2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2013

: 2,549
: 2,231
Operating Profit: 329
OPM %: 13
Other Income: 11
Interest: 185
Depreciation: 97
: 48
Tax %: 42
Net Profit: 28
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2014

: 3,161
: 2,769
Operating Profit: 402
OPM %: 13
Other Income: 9
Interest: 175
Depreciation: 116
: 111
Tax %: 44
Net Profit: 62
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2015

: 3,024
: 2,667
Operating Profit: 377
OPM %: 12
Other Income: 20
Interest: 187
Depreciation: 83
: 16
Tax %: 98
Net Profit: 0
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2016

: 2,633
: 2,403
Operating Profit: 264
OPM %: 10
Other Income: 34
Interest: 219
Depreciation: 81
: -110
Tax %: 15
Net Profit: -94
EPS: -1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 3%
3 Years:: 1%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: 29%
5 Years:: 36%
3 Years:: 52%
1 Year:: 48%

RETURN ON EQUITY

10 Years:: —
5 Years:: 1%
3 Years:: 0%
Last Year:: -4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016
LIABILITIES	-	-	-	-	-	-
Equity Capital	251	360	497	599	639	639
	488	868	1,308	1,523	1,576	1,482
	688	569	955	1,193	1,069	1,061
Trade Payables	358	343	358	369	432	383
	1,022	1,468	1,810	2,896	3,512	3,532
Total Liabilities	2,807	3,608	4,929	6,580	7,228	7,098
ASSETS	-	-	-	-	-	-
	1,098	1,166	1,268	1,481	1,410	2,207
Capital Work in Progress	144	565	977	1,918	3,010	2,845
	0	0	1	1	1	1
	558	694	802	782	925	630
	0	0	0	0	0	0
Cash & Bank	73	123	152	255	60	48
	934	1,060	1,728	2,142	1,822	1,366
Total Assets	2,807	3,608	4,929	6,580	7,228	7,098
Total Debt	1,245	1,716	2,422	3,679	4,055	4,114
Net Working Capital	-189	130	-111	-144	-145	-409
Contingent Liabilities	286	686	897	839	478	321
Book Value per Share	29.46	34.13	36.31	35.44	34.67	33.21
Face Value	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	1,245	1,716	2,422	3,679	4,055	4,114
Net Working Capital	-189	130	-111	-144	-145	-409
Contingent Liabilities	286	686	897	839	478	321
Book Value per Share	29.46	34.13	36.31	35.44	34.67	33.21
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2011

Equity Capital: 251
: 488
: 688
Trade Payables: 358
: 1,022
Total Liabilities: 2,807
: 1,098
Capital Work in Progress: 144
: 0
: 558
: 0
Cash & Bank: 73
: 934
Total Assets: 2,807
Total Debt: 1,245
Net Working Capital: -189
Contingent Liabilities: 286
Book Value per Share: 29.46
Face Value: 10.00
Total Debt: 1,245
Net Working Capital: -189
Contingent Liabilities: 286
Book Value per Share: 29.46
Face Value: 10.00

Mar 2012

Equity Capital: 360
: 868
: 569
Trade Payables: 343
: 1,468
Total Liabilities: 3,608
: 1,166
Capital Work in Progress: 565
: 0
: 694
: 0
Cash & Bank: 123
: 1,060
Total Assets: 3,608
Total Debt: 1,716
Net Working Capital: 130
Contingent Liabilities: 686
Book Value per Share: 34.13
Face Value: 10.00
Total Debt: 1,716
Net Working Capital: 130
Contingent Liabilities: 686
Book Value per Share: 34.13
Face Value: 10.00

Mar 2013

Equity Capital: 497
: 1,308
: 955
Trade Payables: 358
: 1,810
Total Liabilities: 4,929
: 1,268
Capital Work in Progress: 977
: 1
: 802
: 0
Cash & Bank: 152
: 1,728
Total Assets: 4,929
Total Debt: 2,422
Net Working Capital: -111
Contingent Liabilities: 897
Book Value per Share: 36.31
Face Value: 10.00
Total Debt: 2,422
Net Working Capital: -111
Contingent Liabilities: 897
Book Value per Share: 36.31
Face Value: 10.00

Mar 2014

Equity Capital: 599
: 1,523
: 1,193
Trade Payables: 369
: 2,896
Total Liabilities: 6,580
: 1,481
Capital Work in Progress: 1,918
: 1
: 782
: 0
Cash & Bank: 255
: 2,142
Total Assets: 6,580
Total Debt: 3,679
Net Working Capital: -144
Contingent Liabilities: 839
Book Value per Share: 35.44
Face Value: 10.00
Total Debt: 3,679
Net Working Capital: -144
Contingent Liabilities: 839
Book Value per Share: 35.44
Face Value: 10.00

Mar 2015

Equity Capital: 639
: 1,576
: 1,069
Trade Payables: 432
: 3,512
Total Liabilities: 7,228
: 1,410
Capital Work in Progress: 3,010
: 1
: 925
: 0
Cash & Bank: 60
: 1,822
Total Assets: 7,228
Total Debt: 4,055
Net Working Capital: -145
Contingent Liabilities: 478
Book Value per Share: 34.67
Face Value: 10.00
Total Debt: 4,055
Net Working Capital: -145
Contingent Liabilities: 478
Book Value per Share: 34.67
Face Value: 10.00

Mar 2016

Equity Capital: 639
: 1,482
: 1,061
Trade Payables: 383
: 3,532
Total Liabilities: 7,098
: 2,207
Capital Work in Progress: 2,845
: 1
: 630
: 0
Cash & Bank: 48
: 1,366
Total Assets: 7,098
Total Debt: 4,114
Net Working Capital: -409
Contingent Liabilities: 321
Book Value per Share: 33.21
Face Value: 10.00
Total Debt: 4,114
Net Working Capital: -409
Contingent Liabilities: 321
Book Value per Share: 33.21
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016
	410	179	195	184	332	521
Cash from Investing	-554	-516	-1,114	-976	-515	-27
Cash from Financing	152	408	947	889	-9	-506
	8	70	28	96	-192	-13
Free Cash Flow	410	-393	-418	-1,142	-782	-130
OCF / Net Profit	4.18	3.34	7.00	2.95	1168.66	-5.56
Cumulative 5-Year FCF	0	0	0	0	0	-2,865
OCF / Net Profit	4.18	3.34	7.00	2.95	1168.66	-5.56
Cumulative 5-Year FCF	0	0	0	0	0	-2,865

Mar 2011

: 410
Cash from Investing: -554
Cash from Financing: 152
: 8
Free Cash Flow: 410
OCF / Net Profit: 4.18
Cumulative 5-Year FCF: 0
OCF / Net Profit: 4.18
Cumulative 5-Year FCF: 0

Mar 2012

: 179
Cash from Investing: -516
Cash from Financing: 408
: 70
Free Cash Flow: -393
OCF / Net Profit: 3.34
Cumulative 5-Year FCF: 0
OCF / Net Profit: 3.34
Cumulative 5-Year FCF: 0

Mar 2013

: 195
Cash from Investing: -1,114
Cash from Financing: 947
: 28
Free Cash Flow: -418
OCF / Net Profit: 7.00
Cumulative 5-Year FCF: 0
OCF / Net Profit: 7.00
Cumulative 5-Year FCF: 0

Mar 2014

: 184
Cash from Investing: -976
Cash from Financing: 889
: 96
Free Cash Flow: -1,142
OCF / Net Profit: 2.95
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.95
Cumulative 5-Year FCF: 0

Mar 2015

: 332
Cash from Investing: -515
Cash from Financing: -9
: -192
Free Cash Flow: -782
OCF / Net Profit: 1168.66
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1168.66
Cumulative 5-Year FCF: 0

Mar 2016

: 521
Cash from Investing: -27
Cash from Financing: -506
: -13
Free Cash Flow: -130
OCF / Net Profit: -5.56
Cumulative 5-Year FCF: -2,865
OCF / Net Profit: -5.56
Cumulative 5-Year FCF: -2,865

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016
PER SHARE	-	-	-	-	-	-
EPS (₹)	3.91	1.49	0.56	1.04	0.00	-1.47
Book Value (₹)	29.46	34.13	36.31	35.44	34.67	33.21
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	7.27	3.89	2.50	2.97	1.30	-0.20
PROFITABILITY	-	-	-	-	-	-
Operating Margin %	15.20%	12.22%	11.54%	11.37%	11.22%	8.94%
Net Margin %	3.97%	1.87%	0.97%	1.76%	0.01%	-3.17%
ROE %	14.74%	5.43%	1.83%	3.16%	0.01%	-4.32%
ROCE %	15.73%	10.66%	6.49%	5.71%	3.35%	1.73%
	4.11%	1.66%	0.65%	1.08%	0.00%	-1.31%
EFFICIENCY	-	-	-	-	-	-
Debtor Days	30	35	38	37	39	39
Inventory Days	67	80	96	82	93	96
Payable Days	54	79	82	66	76	86
	43	36	51	53	56	49
FINANCIAL HEALTH	-	-	-	-	-	-
Debt to Equity (x)	1.69x	1.40x	1.34x	1.73x	1.83x	1.94x
Interest Coverage (x)	2.03x	1.47x	1.26x	1.63x	1.08x	0.49x
	0.84x	1.12x	0.92x	0.92x	0.92x	0.77x
GROWTH	-	-	-	-	-	-
Revenue Growth %	26.52%	14.55%	-1.59%	24.00%	-4.33%	-12.95%
Operating Profit Growth %	16.68%	-7.11%	-5.65%	21.99%	-6.26%	-29.92%
Net Profit Growth %	40.48%	-45.59%	-47.92%	123.49%	-99.54%	0.00%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VALUATION	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x

Mar 2011

EPS (₹): 3.91
Book Value (₹): 29.46
Dividend per Share (₹): 0.00
Cash EPS (₹): 7.27
Operating Margin %: 15.20%
Net Margin %: 3.97%
ROE %: 14.74%
ROCE %: 15.73%
: 4.11%
Debtor Days: 30
Inventory Days: 67
Payable Days: 54
: 43
Debt to Equity (x): 1.69x
Interest Coverage (x): 2.03x
: 0.84x
Revenue Growth %: 26.52%
Operating Profit Growth %: 16.68%
Net Profit Growth %: 40.48%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2012

EPS (₹): 1.49
Book Value (₹): 34.13
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.89
Operating Margin %: 12.22%
Net Margin %: 1.87%
ROE %: 5.43%
ROCE %: 10.66%
: 1.66%
Debtor Days: 35
Inventory Days: 80
Payable Days: 79
: 36
Debt to Equity (x): 1.40x
Interest Coverage (x): 1.47x
: 1.12x
Revenue Growth %: 14.55%
Operating Profit Growth %: -7.11%
Net Profit Growth %: -45.59%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2013

EPS (₹): 0.56
Book Value (₹): 36.31
Dividend per Share (₹): 0.00
Cash EPS (₹): 2.50
Operating Margin %: 11.54%
Net Margin %: 0.97%
ROE %: 1.83%
ROCE %: 6.49%
: 0.65%
Debtor Days: 38
Inventory Days: 96
Payable Days: 82
: 51
Debt to Equity (x): 1.34x
Interest Coverage (x): 1.26x
: 0.92x
Revenue Growth %: -1.59%
Operating Profit Growth %: -5.65%
Net Profit Growth %: -47.92%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2014

EPS (₹): 1.04
Book Value (₹): 35.44
Dividend per Share (₹): 0.00
Cash EPS (₹): 2.97
Operating Margin %: 11.37%
Net Margin %: 1.76%
ROE %: 3.16%
ROCE %: 5.71%
: 1.08%
Debtor Days: 37
Inventory Days: 82
Payable Days: 66
: 53
Debt to Equity (x): 1.73x
Interest Coverage (x): 1.63x
: 0.92x
Revenue Growth %: 24.00%
Operating Profit Growth %: 21.99%
Net Profit Growth %: 123.49%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2015

EPS (₹): 0.00
Book Value (₹): 34.67
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.30
Operating Margin %: 11.22%
Net Margin %: 0.01%
ROE %: 0.01%
ROCE %: 3.35%
: 0.00%
Debtor Days: 39
Inventory Days: 93
Payable Days: 76
: 56
Debt to Equity (x): 1.83x
Interest Coverage (x): 1.08x
: 0.92x
Revenue Growth %: -4.33%
Operating Profit Growth %: -6.26%
Net Profit Growth %: -99.54%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2016

EPS (₹): -1.47
Book Value (₹): 33.21
Dividend per Share (₹): 0.00
Cash EPS (₹): -0.20
Operating Margin %: 8.94%
Net Margin %: -3.17%
ROE %: -4.32%
ROCE %: 1.73%
: -1.31%
Debtor Days: 39
Inventory Days: 96
Payable Days: 86
: 49
Debt to Equity (x): 1.94x
Interest Coverage (x): 0.49x
: 0.77x
Revenue Growth %: -12.95%
Operating Profit Growth %: -29.92%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	54.47	54.47	54.47	55.15	55.15	55.15	55.15	55.15	55.15
	0.01	0.01	0.02	0.02	0.04	1.07	1.29	0.90	1.32
	0.00	0.00	0.00	0.00	0.00	0.51	0.21	0.30	0.77
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	45.52	45.51	45.52	44.83	44.81	43.27	43.35	43.65	42.76

Jun 2024

: 54.47
: 0.01
: 0.00
Government: 0.00
: 45.52

Sep 2024

: 54.47
: 0.01
: 0.00
Government: 0.00
: 45.51

Dec 2024

: 54.47
: 0.02
: 0.00
Government: 0.00
: 45.52

Mar 2025

: 55.15
: 0.02
: 0.00
Government: 0.00
: 44.83

Jun 2025

: 55.15
: 0.04
: 0.00
Government: 0.00
: 44.81

Sep 2025

: 55.15
: 1.07
: 0.51
Government: 0.00
: 43.27

Dec 2025

: 55.15
: 1.29
: 0.21
Government: 0.00
: 43.35

Mar 2026

: 55.15
: 0.90
: 0.30
Government: 0.00
: 43.65

Jun 2026

: 55.15
: 1.32
: 0.77
Government: 0.00
: 42.76

Documents

Announcements

Updates
2026-08-20 - Jayaswal Neco Industries Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report'.
Shareholders meeting
2026-08-20 - Jayaswal Neco Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 12, 2026

Annual Reports

Nothing filed yet.

Credit Ratings

Nothing filed yet.

Concalls

Jul 2026
TranscriptPPTREC
Apr 2026
TranscriptPPTREC
Jan 2026
TranscriptPPTREC