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Jayaswal Neco

  • Market Cap: Small Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE854B01010
  • NSEID: JAYNECOIND
  • BSEID: 522285
INR
30.90
0.5 (1.64%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.34 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.34 lacs (50.82%) Volume

Shareholding (Dec 2024)

FII

0.02%

Held by 3 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

53.02%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Low ability to service debt as the company has a high Debt to EBITDA ratio of 11.18 times

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 11.18 times
  • The company has been able to generate a Return on Equity (avg) of 9.28% signifying low profitability per unit of shareholders funds
2

The company has declared Negative results for the last 3 consecutive quarters

3

Stock is technically in a Bearish range

4

100% of Promoter Shares are Pledged

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 3,000 Cr (Small Cap)

stock-summary
P/E

167.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

1.35

stock-summary
Return on Equity

0.81%

stock-summary
Price to Book

1.34

Revenue and Profits (1 Year):
Net Sales:
1,657 Cr
(Quarterly Results - Dec 2024)
Net Profit:
77 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-34.8%
0%
-34.8%
1 Year
-41.09%
0%
-41.09%
2 Years
42.4%
0%
42.4%
3 Years
28.75%
0%
28.75%
4 Years
117.76%
0%
117.76%
5 Years
1371.43%
0%
1371.43%

Jayaswal Neco for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
8.60%
EBIT Growth (5y)
123.33%
EBIT to Interest (avg)
2.56
Debt to EBITDA (avg)
9.14
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.40
Tax Ratio
100.00%
Dividend Payout Ratio
0
Pledged Shares
100.00%
Institutional Holding
0.02%
ROCE (avg)
15.31%
ROE (avg)
9.28%
Valuation key factors
Factor
Value
P/E Ratio
167
Industry P/E
29
Price to Book Value
1.34
EV to EBIT
10.74
EV to EBITDA
7.13
EV to Capital Employed
1.15
EV to Sales
1.03
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
11.34%
ROE (Latest)
0.81%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

100

Mutual Funds

Held by 4 Schemes (0.0%)

FIIs

Held by 3 FIIs (0.02%)

Promoter with highest holding

Jayaswal Holdings Pvt Ltd (5.75%)

Highest Public shareholder

Assets Care And Reconstruction Enterprise Ltd (26.45%)

Individual Investors Holdings

7.02%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 6.47% vs -7.68% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -13.33% vs 53.88% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,656.84",
          "val2": "1,556.19",
          "chgp": "6.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "263.80",
          "val2": "290.45",
          "chgp": "-9.18%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "140.03",
          "val2": "114.95",
          "chgp": "21.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "76.93",
          "val2": "88.76",
          "chgp": "-13.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.92%",
          "val2": "18.66%",
          "chgp": "-2.74%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -10.06% vs -6.97% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -155.28% vs -27.32% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,667.62",
          "val2": "2,965.93",
          "chgp": "-10.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "334.38",
          "val2": "503.80",
          "chgp": "-33.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "288.78",
          "val2": "212.17",
          "chgp": "36.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.61",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-65.89",
          "val2": "119.19",
          "chgp": "-155.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.53%",
          "val2": "16.99%",
          "chgp": "-4.46%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -4.37% vs -7.21% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -94.69% vs -6.19% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,324.46",
          "val2": "4,522.12",
          "chgp": "-4.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "598.18",
          "val2": "794.25",
          "chgp": "-24.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "428.81",
          "val2": "327.12",
          "chgp": "31.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.61",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "11.04",
          "val2": "207.95",
          "chgp": "-94.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.83%",
          "val2": "17.56%",
          "chgp": "-3.73%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -6.45% vs 6.45% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -7.44% vs -89.90% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,933.55",
          "val2": "6,342.86",
          "chgp": "-6.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,026.78",
          "val2": "781.95",
          "chgp": "31.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "469.41",
          "val2": "453.02",
          "chgp": "3.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-18.86",
          "val2": "-51.19",
          "chgp": "63.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "209.98",
          "val2": "226.87",
          "chgp": "-7.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.30%",
          "val2": "12.33%",
          "chgp": "4.97%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,656.84
1,556.19
6.47%
Operating Profit (PBDIT) excl Other Income
263.80
290.45
-9.18%
Interest
140.03
114.95
21.82%
Exceptional Items
0.00
0.00
Standalone Net Profit
76.93
88.76
-13.33%
Operating Profit Margin (Excl OI)
15.92%
18.66%
-2.74%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 6.47% vs -7.68% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -13.33% vs 53.88% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,667.62
2,965.93
-10.06%
Operating Profit (PBDIT) excl Other Income
334.38
503.80
-33.63%
Interest
288.78
212.17
36.11%
Exceptional Items
0.00
-0.61
100.00%
Standalone Net Profit
-65.89
119.19
-155.28%
Operating Profit Margin (Excl OI)
12.53%
16.99%
-4.46%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -10.06% vs -6.97% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -155.28% vs -27.32% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
4,324.46
4,522.12
-4.37%
Operating Profit (PBDIT) excl Other Income
598.18
794.25
-24.69%
Interest
428.81
327.12
31.09%
Exceptional Items
0.00
-0.61
100.00%
Standalone Net Profit
11.04
207.95
-94.69%
Operating Profit Margin (Excl OI)
13.83%
17.56%
-3.73%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -4.37% vs -7.21% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -94.69% vs -6.19% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
5,933.55
6,342.86
-6.45%
Operating Profit (PBDIT) excl Other Income
1,026.78
781.95
31.31%
Interest
469.41
453.02
3.62%
Exceptional Items
-18.86
-51.19
63.16%
Standalone Net Profit
209.98
226.87
-7.44%
Operating Profit Margin (Excl OI)
17.30%
12.33%
4.97%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -6.45% vs 6.45% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -7.44% vs -89.90% in Mar 2023

stock-summaryCompany CV
About Jayaswal Neco Industries Ltd stock-summary
stock-summary
Jayaswal Neco Industries Ltd
Small Cap
Steel/Sponge Iron/Pig Iron
Jayaswal Neco Industries Limited (Formerly Jayaswals Neco Limited) was incorporated on November 28, 1972. The Company name was changed to Jayaswal Neco Industries Limited from Jayaswals Neco Limited on September 7, 2007. Nagpur Engineering Company (NECO), the flagship of the NECO Group is one of the largest manufacturers of iron and steel castings, pipes and fittings. Company is presently promoted by Nisha Jayaswal, Rita Jayaswal, Basant Lall Shaw and Arvind Kumar Jayaswal.
Company Coordinates stock-summary
Company Details
F/8 MIDC Industrial Area, Hingna Road Nagpur Maharashtra : 440016
stock-summary
Tel: 91-07104-237276/237471/237472
stock-summary
contact@necoindia.com
Registrar Details
Sharex Dynamic (India) Pvt Ltd , Unit -1, Luthra Ind. Premises , Safed Pool, Andheri-Kurla Road, Andheri (E), Mumbai