Jayaswal Neco Industries Ltd

BSE: JAYNECOIND522285ISIN INE854B01010

Industrials
Iron & Steel Products
BSE 1000

Share price

₹91.72+2.18 (+2.43%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹117.10
52W low: ₹64.50
Off 52W high: -21.67%
1M return: +0.77%
3M return: -0.13%
6M return: -18.62%
1Y return: +21.19%
20D avg volume: 2,01,952
50 DMA: ₹92.97
200 DMA: ₹88.99

Key ratios Standalone

Market cap: ₹8,906 Cr
Current price: ₹91.72
52W high / low: ₹117.10 / ₹64.50
Face value: ₹10.00
P/E: 12.94
P/B: 4.06
EPS (TTM): ₹7.09
Book value / share: ₹22.59
ROE: 31.37%
ROCE: 24.20%
Operating margin: 20.35%
Net margin: 10.47%
Debt / equity: 0.74
Net debt: ₹1,971 Cr
Interest cover: 2.42
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 73.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	2,194	2,107	1,974	1,727	1,781	1,649	1,675	1,657	1,230	1,438	1,411	1,556
	6.48	11.74	4.61	0.09	3.76	4.85	2.66	3.24	2.06	4.67	2.92	9.84
	2,201	2,118	1,979	1,727	1,785	1,654	1,678	1,660	1,232	1,442	1,414	1,566
	1,893	1,853	1,742	1,618	1,642	1,529	1,541	1,608	1,277	1,483	1,388	1,447
	863.92	722.39	674.36	633.18	685.11	657.74	576.31	641.25	566.36	410.80	711.74	673.80
	13.81	10.73	16.96	13.23	15.30	23.33	28.51	27.18	31.31	24.40	31.49	11.63
	108.55	118.53	95.27	94.04	108.75	89.31	85.18	83.55	68.10	91.00	80.01	96.41
	61.57	65.53	68.95	125.57	112.32	119.38	133.57	140.03	145.28	143.50	142.29	114.95
	77.57	76.85	74.79	75.82	75.68	74.67	73.96	74.44	71.43	66.91	66.88	66.70
	759.48	832.87	742.69	694.09	591.83	598.96	634.82	576.36	464.68	447.41	527.51	563.10
	307.45	264.97	236.47	108.92	142.71	125.39	136.64	52.57	-45.10	-40.91	26.28	118.64
	0.00	0.00	0.00	-10.04	0.00	0.00	0.00	—	—	—	-18.25	—
	307.45	264.97	236.47	98.88	142.71	125.39	136.64	52.57	-45.10	-40.91	8.03	118.64
	77.64	71.05	45.60	24.79	37.58	32.37	35.00	24.36	10.89	9.23	6.00	29.88
	229.81	193.92	190.87	74.09	105.13	93.02	101.64	76.93	-34.21	-31.68	2.03	88.76
	2.37	2.00	1.97	0.76	1.08	0.96	1.05	0.79	-0.35	-0.33	0.02	0.91
Key metrics
	446.59	407.35	380.21	300.27	330.71	319.44	344.17	267.04	171.61	169.50	217.20	300.29
	20.40%	19.30%	19.30%	17.40%	18.60%	19.40%	20.50%	16.10%	14.00%	11.80%	15.40%	19.30%
	10.50%	9.20%	9.70%	4.30%	5.90%	5.60%	6.10%	4.60%	-2.80%	-2.20%	0.10%	5.70%
	8.60%	—	7.20%	—	9.70%	—	5.60%	—	—	—	—	—
	23.20%	27.70%	17.80%	4.20%	44.80%	14.70%	18.70%	6.50%	—	—	—	—
	118.60%	108.50%	87.80%	-3.70%	407.30%	393.60%	4,906.90%	-13.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	8,002	7,132	6,000	5,934	6,343	5,959
	22.92	13.13	12.63	18.45	22.07	6.28
	8,025	7,145	6,012	5,952	6,365	5,965
	7,107	6,531	5,909	5,642	6,280	5,378
	2,894	2,650	2,195	2,690	3,255	2,645
	54.73	68.82	111.40	92.41	143.39	140.98
	416.39	387.37	327.83	327.99	276.73	254.49
	321.62	426.22	562.38	469.41	453.02	458.63
	305.03	300.96	286.74	265.92	265.71	260.99
	3,029	2,628	2,123	2,161	1,913	1,695
	917.81	613.49	103.20	309.90	85.29	586.35
	-10.04	-10.04	0.00	-18.86	-51.19	1,724
	907.77	603.45	103.20	291.04	34.10	2,311
	219.08	140.34	-9.48	81.06	192.77	63.57
	688.69	463.11	112.68	209.98	226.87	2,247
	7.10	4.77	1.16	2.16	2.34	28.40
Key metrics
	1,534	1,331	952.32	1,026	752.83	3,030
	19.17%	18.70%	15.90%	17.30%	11.90%	50.90%
	8.61%	6.50%	1.90%	3.50%	3.60%	37.70%
	—	24.20%	13.80%	—	—	—
	18.34%	18.90%	1.10%	-6.50%	6.40%	—
	82.81%	311.00%	-46.30%	-7.40%	-89.90%	—
	—	1,251	1,144	—	—	—
	—	2.95	12.32	—	—	—
	—	0.74	1.15	—	—	—
	—	1,971	2,567	—	—	—
	—	73.7	83.9	—	—	—
Balance sheet
	—	5,970	5,741	—	—	—
	—	2,379	2,048	—	—	—
	—	126.08	155.79	—	—	—
	—	469.00	400.64	—	—	—
	—	1,395	1,214	—	—	—
	—	206.39	220.70	—	—	—
	—	3,162	3,338	—	—	—
	—	424.24	237.48	—	—	—
	—	1,711	930.31	—	—	—
	—	2,097	2,723	—	—	—
	—	784.88	313.62	—	—	—
	—	1,312	2,409	—	—	—
	—	2,841	2,376	—	—	—
Cash flow
	—	1,367	1,388	—	—	—
	—	-112.86	-236.18	—	—	—
	—	-1,284	-1,086	—	—	—
	—	116.15	244.11	—	—	—

Compounded growth

Sales CAGR 3Y: +3.99%
Sales CAGR 5Y: —
Profit CAGR 3Y: +26.85%
Profit CAGR 5Y: —
Sales YoY (TTM): +18.34%
Profit YoY (TTM): +82.81%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 55.15%

Quarter	September 2026	June 2026
Promoter %	55.15%	55.15%

Holder	Type	Holding	Previous	Change
JAYASWAL HOLDINGS PVT LTD	Promoter Group	5.75%	5.75%	0.00%
NINE STAR PLASTIC PACKAGING SERVICES PRIVATE LIMITED	Promoter Group	5.21%	5.21%	0.00%
KARAMVEER IMPEX PRIVATE LIMITED	Promoter Group	5.14%	5.14%	0.00%
JAYASWAL NECO METALLICS PRIVATE LIMITED	Promoter Group	4.90%	4.90%	0.00%
JAYASWAL NECO ENERGY PRIVATE LIMITED	Promoter Group	4.85%	4.85%	0.00%
JAYASWAL NECO INFRASTRUCTURES PRIVATE LIMITED	Promoter Group	4.32%	4.32%	0.00%
AVON SALES AND SERVICES PRIVATE LIMITED	Promoter Group	4.30%	4.30%	0.00%
ANURAG SALES AND SERVICES PVT LTD	Promoter Group	4.29%	4.29%	0.00%
APEX SPINNING MILLS PVT LTD	Promoter Group	4.20%	4.20%	0.00%
JAYASWAL NECO POWER PRIVATE LIMITED	Promoter Group	4.13%	4.13%	0.00%
EFFICIENT STRUCTURES PRIVATE LIMITED	Public	2.95%	2.95%	0.00%
RAJVARDHAN TRADEZONE PRIVATE LIMITED	Public	2.71%	2.71%	0.00%
COSTAL MULTITRADING PRIVATE LIMITED	Public	2.65%	2.65%	0.00%
JAYASWAL NECO STEEL AND MINING LIMITED	Promoter Group	2.27%	2.27%	0.00%
SALMON DEVELOPERS PRIVATE LIMITED	Public	1.91%	1.91%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—

Filings & corporate actions

Recent announcements

Newspaper Clipping - Special Window for Transfer and Dematerialisation (''Demat'') of Physical Shares pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) ....28 Oct 2026 · Company Update / Press Release / Media Release
Newspaper Publication- Financial Results17 Oct 2026 · Company Update / Newspaper Publication
Financial Results for the quarter and half year ended 30th September, 202617 Oct 2026 · Result / Financial Results
Press Release_Financial Results for the quarter and half year ended 30th September 202616 Oct 2026 · Company Update / Press Release / Media Release
Outcome of Board Meeting16 Oct 2026 · Board Meeting / Outcome of Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Jayaswal Neco Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/10/2026 ,inter alia, to consider and approve the Unaudited financial ....8 Oct 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vibrant Enterprises & Others6 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Announcement under Regulation 30_Appointment as Senior Management Personnel1 Oct 2026 · Company Update / Change in Management
Announcement under Regulation 30_Update on earlier intimation dated 25th April, 20261 Oct 2026 · Company Update / General
Outcome of Committee of Directors Meeting : Allotment of 22439134 Warrants.1 Oct 2026 · Company Update / Allotment of Equity Shares
Intimation of closure of trading window.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinizer Report along with Voting Results12 Sep 2026 · AGM/EGM / AGM
Outcome and Proceedings of Annual General Meeting12 Sep 2026 · AGM/EGM / AGM
Announcement under Regulation 305 Sep 2026 · Company Update / General
Press Release on "Clarification regarding Media Reports concerning DATASEL S.R.L., Italy.4 Sep 2026 · Company Update / Press Release / Media Release
Newspaper Publication - Notice of Annual General Meeting21 Aug 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainibility Report (BRSR) For the financial year 2025-26.20 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of Convening the 53rd AGM of the Company on Saturday, 12 September 2026.20 Aug 2026 · AGM/EGM / AGM
Annual Report for the Financial Year ended 31st March 2026.20 Aug 2026 · Others / Reg. 34 (1) Annual Report
Newspaper Clipping-Special Window for Transfer and Dematerialisation (''Demat'') of Physical Shares pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, ....1 Aug 2026 · Company Update / Newspaper Publication
Newspaper Clipping- Disclosure under Regulation 30 and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201518 Jul 2026 · Company Update / Newspaper Publication
Approved the reappointment of M/s Chaturvedi & Shah LLP, Chartered Accountants, Mumbai as the Statutory Auditors of the Company for a period of 5 years till the conclusion of the AGM of ....17 Jul 2026 · Company Update / Appointment of Statutory Auditor/s
Annual General Meeting to be held on Saturday, 12th September, 2026.17 Jul 2026 · AGM/EGM / AGM
Press Release on the unaudited financial results of the company for the quarter ended 30th June 202617 Jul 2026 · Company Update / Press Release / Media Release
Unaudited Financial Results for the quarter ended 30th June 2026.17 Jul 2026 · Result / Financial Results
Register of Members and Share Transfer Register shall remain closed from Sunday 6th September 2026 to Saturday 12th September 2026 (Both days inclusive).17 Jul 2026 · Corp. Action / Book Closure
Outcome of Board Meeting dated 17.07.202617 Jul 2026 · Board Meeting / Outcome of Board Meeting
Jayaswal Neco Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/07/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....9 Jul 2026 · Board Meeting / Board Meeting
Announcement under Reg. 30_Change in Management_Senior Management Personnel9 Jul 2026 · Company Update / Change in Management
Compliances - Certificate under Reg. 74(5) of the SEBI (DP) Reg. 20187 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Voting Results and Scrutinizer Report EGM dated 21.05.202621 May 2026 · AGM/EGM / EGM
Outcome and Proceedings of Extra-Ordinary General Meeting21 May 2026 · AGM/EGM / EGM
Annual Secretarial Compliance Report for the year ended 31st March, 2026 pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.19 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Intimation under Regulation 30_Participation in the Investor Conference "India Manthan 2026"18 May 2026 · Company Update / General
Newspaper Clipping- Disclosure under Regulation 30 and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.30 Apr 2026 · Company Update / Newspaper Publication
Submission of Notice Convening the Extra-Ordinary General Meeting on 21st May, 2026.29 Apr 2026 · AGM/EGM / EGM
Announcement under regulation 30_Proposed equity investment in solar power generation SPV(s) under group captive multiple consumers structure.25 Apr 2026 · Company Update / General
Announcement under regulation 30_Setting up of New 1.50 MnTPA Pellet Plant and other associated facilities25 Apr 2026 · Company Update / General

Board meetings

16 Oct 2026 Board Meeting - Financial Results
17 Jul 2026 Board Meeting - Financial Results