Jayaswal Neco Industries Limited
Jayaswal Neco Industries Limited operates in Iron & Steel Products, part of the Capital Goods sector. It booked ₹2,194 cr of revenue in its latest quarter (Q2 FY27) and kept 10.5% of sales as profit. It is the 9th largest of 9 Iron & Steel Products companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Steel | 3,346 | 5,503 | 5,799 | 5,432 | 5,477 | 6,643 | 90% → 93% |
| Iron and Steel Castings | 390 | 510 | 597 | 559 | 559 | 520 | 10% → 7% |
| Others | 0 | 0 | 0 | 0 | 1 | 11 | 0% → 0% |
| Total | 3,735 | 6,013 | 6,395 | 5,991 | 6,037 | 7,174 |
From the company's standalone segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“We are a leading player in India's alloy steel and castings industry with integrated operations. The unparalleled quality of our products coupled with the ability to deliver tailored solutions enable us to become the trusted partner for our diverse customers.”
“is to be a globally admired organisation, focused on responsible growth and long-term value creation for all stakeholders.”
Healthier than 63% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 20–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 46
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in JAYNECOIND?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 14%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,194 cr |
| Other Income | ₹6 cr |
| Total Income | ₹2,201 cr |
| Cost of Materials | ₹864 cr |
| Purchases of Stock-in-Trade | ₹14 cr |
| Inventory Change (±) | ₹9 cr |
| Employee Benefit Expense | ₹109 cr |
| Finance Costs | ₹62 cr |
| Depreciation & Amortisation | ₹78 cr |
| Other Expenses | ₹759 cr |
| Total Expenses | ₹1,893 cr |
| Profit before Tax | ₹307 cr |
| Tax Expense | ₹78 cr |
| Net Profit | ₹230 cr |
| Net margin on total income | 10.4% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 1,974 cr | 2,107 cr | 2,194 cr |
| Total income | 1,979 cr | 2,118 cr | 2,201 cr |
| Expenses | 1,742 cr | 1,853 cr | 1,893 cr |
| Profit before tax | 236 cr | 265 cr | 307 cr |
| Tax | 46 cr | 71 cr | 78 cr |
| Net profit (owners' share) | 191 cr | 194 cr | 230 cr |
| Net margin (owners' share, on revenue) | 9.7% | 9.2% | 10.5% |
| EPS (₹) | 1.97 | 2.00 | 2.37 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Welspun Corp Limited | ₹2,316 | ₹61,083 cr | 30.6 | 18.8% | 10.7% | — |
| APL Apollo Tubes Limited | ₹2,153 | ₹59,783 cr | 39.5 | 26.6% | 5.5% | — |
| Shyam Metalics and Energy Limited | ₹1,220 | ₹33,885 cr | 16.6 | 16.6% | 8.6% | — |
| Ratnamani Metals & Tubes Limited | ₹2,380 | ₹16,682 cr | 50.8 | 8.0% | 8.5% | — |
| Jindal Saw Limited | ₹247 | ₹15,794 cr | 83.4 | 1.5% | 1.1% | — |
| Usha Martin Limited | ₹461 | ₹14,057 cr | 24.7 | 17.2% | 13.7% | — |
| Gallantt Ispat Limited | ₹526 | ₹12,693 cr | 52.4 | 6.9% | 5.3% | — |
| Godawari Power And Ispat limited | ₹193 | ₹11,889 cr | 13.4 | 15.3% | 12.7% | — |
| Jayaswal Neco Industries Limitedthis company | ₹90 | ₹8,704 cr | 9.5 | 27.7% | 10.5% | — |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Mar 2026, the company says it has spent 100% of what it set aside.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing