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NSE:JAYNECOIND

JAYASWAL NECO INDUSTR LTD

Capital Goods › Industrial Products·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹89.35
at close · 28 Oct 2026
▼ 1.45 (-1.60%)
ThemesDefence· growing

Latest filings

  1. Special window opens for transferring and dematerialising physical shares · Compliance
  2. Newspaper Publication of Q2 and H1 FY27 Financial Results · Compliance
  3. Strong Q2 results, profit more than doubles year-on-year · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes steel and iron castings through an integrated route, with steel as the dominant business. In FY26, the Steel segment generated Rs 6,643.01 crore (92.6% of segment revenue) with EBIT of Rs 1,042.62 crore, while Iron and Steel Castings contributed Rs 520.43 crore (7.3% of segment revenue) with EBIT of Rs 10.56 crore. Q1 FY27 revenue from operations rose 27.7% YoY to Rs 2,107 crore, with PAT doubling to Rs 194 crore from Rs 93 crore; EBITDA was Rs 407 crore, up 27.5%. Blast furnace capacity was enhanced to 1.00 MnTPA in Q1 FY27. The cost structure is led by materials at 37.2% of revenue and other operating expenses at 36.8%, with depreciation at 4.2% and employees at 5.4%. Secured debt fell to Rs 1,884 crore in Q1 FY27 (with a Rs 160 crore cash sweep), and finance costs dropped 45.1% YoY to Rs 66 crore.

Revenue mix · reported segments
Steel92.6%
Iron and Steel Castings7.3%
Others0.1%
Operating scale
Blast furnace capacity
1.00 MnTPAQ1 FY27
FY26 Steel segment revenue
Rs 6,643.01 croreFY26
FY26 Iron & Steel Castings segment revenue
Rs 520.43 croreFY26
Q1 FY27 revenue from operations
Rs 2,107 croreQ1 FY27
Q1 FY27 EBITDA
Rs 407 croreQ1 FY27
Secured debt
Rs 1,884 croreQ1 FY27
Who pays it
Industrial buyers of steel and castings (end-use not specified in facts).
Biggest cost
Raw materials at 37.2% of FY26 revenue.
Kind of business
Cyclical, asset-heavy integrated steelmaker with a smaller castings business.
Where it sits
Listed integrated steel producer in the Iron & Steel Products industry, classified under Capital Goods.
Market Cap
₹8,676 Cr
P / E (TTM)
15.4×
EV / EBITDA
7.5×
Div Yield
—
Growth
14.0%▲
Revenue 5y CAGR
PAT — · EBITDA +16.6%
Quality
23.3%▲
ROCE (5y median)
ROE 11.0% (5y median) · margin 18.7%
Leverage
0.74·
Debt / Equity · moderate
Net debt ₹1,971 Cr
Revenue FY21→FY26
1.9×▲
Margin +21.6 pts
₹3,705 Cr → ₹7,132 Cr
Cash conversion
1.54×▲
Operating cash ÷ profit · 5 yrs
₹5,036 Cr on ₹3,260 Cr
Moves on a normal day
1.89%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 123 Iron & Steel Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#53/105
P/B#76/101
ROCE#31/115
ROE#15/103
Debt / Equity#87/101
EBITDA margin#27/100
Revenue growth#28/97
Profit growth#27/105

Scorecard

Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY26 — not investment advice

Strengths
Revenue compounding 14% a year over 5 years
Returns on capital 23.3% (5-year median)
#31 of 115 in Iron & Steel Products on the latest reported figures · down from 66.9% in FY21
Over 5 years it reported ₹3,260 Cr of profit and ₹5,036 Cr of operating cash — 1.54×
Profit is converting into cash
Concerns
Erratic profits — up in only 2 of the last 5 years
Carries more debt than its peers — 0.74× equity
higher than 86% of its 101 Iron & Steel Products peers

Charts

How has the market priced it — with filings on the timeline?

JAYNECOIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from JAYASWAL NECO INDUSTR LTD's filed financials and exchange disclosures

What does JAYASWAL NECO INDUSTR LTD do?

JAYASWAL NECO INDUSTR LTD is a Industrial Products company listed on NSE and BSE, trading under the symbol JAYNECOIND.

Is JAYASWAL NECO INDUSTR LTD profitable?

Yes. Over the trailing twelve months JAYASWAL NECO INDUSTR LTD reported a net profit of ₹564 Cr on revenue of ₹7,589 Cr.

Does JAYASWAL NECO INDUSTR LTD pay a dividend?

Not in the latest reported year — JAYASWAL NECO INDUSTR LTD's dividend payout for FY26 was nil.

Is JAYASWAL NECO INDUSTR LTD debt-free?

No. It reported borrowings of ₹2,097 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,971 Cr after cash. Debt stands at 0.74× equity. That is higher than 86% of its 101 Iron & Steel Products peers.

Is JAYASWAL NECO INDUSTR LTD expensive compared with its peers?

On trailing P/E, JAYASWAL NECO INDUSTR LTD ranks 53 of 105 in Iron & Steel Products — cheaper than 50% of them, against an industry median of 15.4×. This is a position, not a valuation judgement.

How much does the JAYASWAL NECO INDUSTR LTD share price move in a day?

On a typical session JAYASWAL NECO INDUSTR LTD moves 1.89% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track JAYASWAL NECO INDUSTR LTD's announcements?

Every NSE and BSE filing by JAYASWAL NECO INDUSTR LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.