JAYNECOIND
Jayaswal Neco Industries share price & financials
- Price
- ₹90.28
- Market cap
- ₹8.7k Cr
- Sector
- Capital Goods
What Jayaswal Neco Industries Limited does
Jayaswal Neco Industries operates a fully integrated 1 MnTPA alloy steel plant at Siltara, Raipur, converting captive iron ore into pellets, sinter, sponge iron, pig iron, coke and finally alloy steel billets, bars, wire rods and bright bars sold mainly to auto-component and engineering customers. It also runs four foundry divisions in and around Nagpur making iron and steel castings (Centricast, Construction, Engineering and Automotive Castings) for construction, infrastructure, automotive and engineering OEMs. The business is backward-integrated into its own iron ore mines and titaniferous iron ore/limestone mines, and forward-integrated through in-house captive power generation, giving it control over raw material and energy costs across the value chain.
Segments
- Steel Plant Division (SPD)
- Castings Division
- Integrated steel plant (Blast Furnace) capacity
- 1.00 MnTPA, Siltara, Raipur (Chhattisgarh)
- Captive iron ore mining capacity
- 7.0 MnTPA combined (Metabodeli 1.0 MnTPA + Chhotedongar 6.0 MnTPA)
- Ferrous castings capacity
- 0.075 MnTPA across 4 foundry divisions (Centricast, Automotive, Engineering, Construction Castings)
- Captive power plants
- 62 MW combined (WHRB, AFBC, Blast Furnace gas and Coke Oven WHRB units)
- Manufacturing units
- 5, incl. 3 foundries in and around Nagpur plus the integrated steel plant at Raipur
- Employees
- 4,197 (FY2024-25)
Quarterly results
Q1 FY27: revenue up 27.8%, net profit up 108.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,230 | 1,657 | 1,675 | 1,649 | 1,781 +45% | 1,727 +4% | 1,974 +18% | 2,107 +28% |
| EBITDA | 170 | 264 | 342 | 315 | 327 +92% | 310 +17% | 376 +10% | 396 +26% |
| Net profit | -34 | 77 | 102 | 93 | 105 +409% | 74 −4% | 191 +87% | 194 +109% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +42.5% 1Y
1Y: ₹63.14 on 10 Sept 2025 → ₹89.97. High ₹115.24 (4 May 2026), low ₹63.14 (10 Sept 2025).
Financials, as filed
Revenue grew 4.0% a year over 3 years, FY23 to FY26. Operating margin widened to 18.6%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹6.3k Cr | ₹5.9k Cr | ₹6.0k Cr | ₹7.1k Cr |
| Operating profit | ₹782 Cr | ₹1.0k Cr | ₹941 Cr | ₹1.3k Cr |
| Operating margin | 12.3% | 17.3% | 15.7% | 18.6% |
| Interest | ₹452 Cr | ₹469 Cr | ₹563 Cr | ₹426 Cr |
| Depreciation | ₹265 Cr | ₹267 Cr | ₹286 Cr | ₹302 Cr |
| Net profit | ₹227 Cr | ₹211 Cr | ₹113 Cr | ₹463 Cr |
| Net margin | 3.6% | 3.6% | 1.9% | 6.5% |
| Cash from operations | ₹739 Cr | ₹681 Cr | ₹1.4k Cr | ₹1.4k Cr |
| Free cash flow | ₹675 Cr | ₹499 Cr | ₹1.1k Cr | ₹1.3k Cr |
| ROCE | 10.0% | 14.0% | 13.0% | 21.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹639 Cr | ₹971 Cr | ₹971 Cr | ₹971 Cr | ₹971 Cr | ₹971 Cr |
| Reserves | ₹-2.0k Cr | ₹862 Cr | ₹1.1k Cr | ₹1.3k Cr | ₹1.6k Cr | ₹1.9k Cr |
| Borrowings | ₹3.8k Cr | ₹3.8k Cr | ₹3.4k Cr | ₹3.2k Cr | ₹2.3k Cr | ₹2.1k Cr |
| Other liabilities | ₹3.4k Cr | ₹644 Cr | ₹582 Cr | ₹623 Cr | ₹739 Cr | ₹1.0k Cr |
| Total liabilities | ₹5.9k Cr | ₹6.3k Cr | ₹6.1k Cr | ₹6.1k Cr | ₹5.6k Cr | ₹6.0k Cr |
| Fixed assets | ₹4.0k Cr | ₹3.7k Cr | ₹3.5k Cr | ₹3.3k Cr | ₹3.3k Cr | ₹3.2k Cr |
| Capital work in progress | ₹82 Cr | ₹95 Cr | ₹94 Cr | ₹219 Cr | ₹155 Cr | ₹117 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹2 Cr |
| Other assets | ₹1.8k Cr | ₹2.5k Cr | ₹2.4k Cr | ₹2.6k Cr | ₹2.2k Cr | ₹2.6k Cr |
| Total assets | ₹5.9k Cr | ₹6.3k Cr | ₹6.1k Cr | ₹6.1k Cr | ₹5.6k Cr | ₹6.0k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −2.06 pp while FIIs added +1.28 pp. The shareholder count grew 91% to 98,451.
- Promoters
- 55.1%
- FIIs
- 1.3%
- DIIs
- 0.8%
- Public
- 42.8%
Since Jun 2025
- Public −2.06 pp
- FIIs +1.28 pp
- DIIs +0.78 pp
How it drifted, 12 quarters
Over this window the public fell from 50.5% to 42.8% — −7.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 49.5%, Public 50.5%.Dec '23: Promoters 54.5%, FIIs 0.1%, Public 45.5%.Mar '24: Promoters 54.5%, FIIs 0.1%, Public 45.4%.Jun '24: Promoters 54.5%, FIIs 0.0%, Public 45.5%.Sep '24: Promoters 54.5%, FIIs 0.0%, Public 45.5%.Dec '24: Promoters 54.5%, FIIs 0.0%, Public 45.5%.Mar '25: Promoters 55.1%, FIIs 0.0%, Public 44.8%.Jun '25: Promoters 55.1%, FIIs 0.0%, Public 44.8%.Sep '25: Promoters 55.1%, FIIs 1.1%, DIIs 0.5%, Public 43.3%.Dec '25: Promoters 55.1%, FIIs 1.3%, DIIs 0.2%, Public 43.4%.Mar '26: Promoters 55.1%, FIIs 0.9%, DIIs 0.3%, Public 43.6%.Jun '26: Promoters 55.1%, FIIs 1.3%, DIIs 0.8%, Public 42.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Jayaswal Neco Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jayaswal Holdings Pvt Ltd | 5.75% | unchanged |
| Nine Star Plastic Packaging Services Private Limited | 5.21% | unchanged |
| Karamveer Impex Private Limited | 5.14% | unchanged |
| Jayaswal Neco Metallics Private Limited | 4.90% | unchanged |
| Jayaswal Neco Energy Private Limited | 4.85% | unchanged |
| Jayaswal Neco Infrastructures Private Limited | 4.32% | unchanged |
| Avon Sales And Services Private Limited | 4.30% | unchanged |
| Anurag Sales And Services Pvt Ltd | 4.29% | unchanged |
| Apex Spinning Mills Pvt Ltd | 4.20% | unchanged |
| Jayaswal Neco Power Private Limited | 4.13% | unchanged |
| Efficient Structures Private Limited . | 2.95% | unchanged |
| Rajvardhan Tradezone Private Limited | 2.71% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Jayaswal Neco Industries Limited
Guides on how to read this kind of business and the numbers that matter.