Jayaswal Neco Industries Limited (JAYNECOIND) AI Stock Analysis

• Market Cap: ₹85.59B
• Dividend Yield: N/A
• Average Volume (3M): 1.82M
• Price to Earnings (P/E): 22.1
• Beta (1Y): 1.53
• Revenue Growth: 20.00%
• EPS Growth: 1413.14%
• Country: IN
• Employees: 4,261
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 1.08
• Shares Outstanding: 970,998,200
• 10 Day Avg. Volume: 950,295
• 30 Day Avg. Volume: 1,816,100
• PEG Ratio: -0.60
• Price to Book (P/B): 1.32
• Price to Sales (P/S): 0.52
• P/FCF Ratio: 2.73
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: ₹97.00 ▲(4.98% Upside)

The score is driven primarily by moderate financial performance: strong cash generation and improving operating efficiency are offset by high leverage and inconsistent profitability. Technically, the trend is positive but overbought signals raise near-term risk. Valuation is middling with no dividend yield support.

Positive Factors

Revenue Growth

The company's moderate revenue growth indicates a steady demand for its products, which is crucial for sustaining its market position and expanding its operations in the competitive steel industry.

Cash Generation

Strong cash generation enhances the company's ability to reinvest in its business, pay down debt, and weather economic downturns, supporting long-term financial health.

Operational Efficiency

Enhanced operational efficiency through better EBIT and EBITDA margins suggests the company is effectively managing costs, which can lead to improved profitability over time.

Negative Factors

High Leverage

High leverage can increase financial risk, limiting the company's ability to invest in growth opportunities and potentially impacting its long-term stability.

Inconsistent Profitability

Inconsistent profitability margins suggest challenges in maintaining cost control and pricing power, which could affect long-term earnings stability.

Financial Risk

Increased financial risk due to high debt levels can strain cash flow and reduce the company's ability to invest in strategic initiatives, impacting future growth.

Jayaswal Neco Industries Limited Business Overview & Revenue Model

Company Description

Jayaswal Neco Industries Limited manufactures and sells steel products, and iron and steel castings in India and internationally. It operates through Steel, Iron and Steel Castings, and Other segments. The company offers pig iron, billets, rolled products, sponge iron, and pellets; and carbon, alloy, spring, leaf, free cutting, cold heading quality and ball bearing steels, and stabilizer bars and coils. It also engages in the mining activities; and provides construction castings products, including cast iron pipes and fittings, and cast iron and ductile iron manhole covers for soil, waste, ventilation, and rainwater use in building drainage systems. In addition, the company offers automotive and engineering castings products. Further, it trades in coal, coke, and PVC pipes. The company serves automotive, power, railways, bearings, structural and fasteners, heavy engineering, refineries, power plants, chemical plants and pipelines, material handling equipment manufacturers, crane manufacturers, sugar crushing mills, and other industries. Jayaswal Neco Industries Limited was founded in 1902 and is based in Nagpur, India.

How the Company Makes Money

Jayaswal Neco Industries Limited generates revenue through multiple channels primarily centered around its manufacturing operations. The company produces and sells a variety of steel products, including billets and structural steel, which are essential for construction and infrastructure projects. Additionally, JAYNECOIND earns revenue from the production of ferro alloys used in steelmaking and other industrial applications. The company may also engage in trading activities, enhancing its revenue streams. Key partnerships with construction firms and infrastructure developers further bolster its sales, alongside its ability to export products to international markets, thereby diversifying its income sources.

Jayaswal Neco Industries Limited Financial Statement Overview

Summary

Jayaswal Neco Industries Limited shows moderate financial health with revenue growth and improved operational efficiency. However, inconsistent profitability margins and high leverage pose risks. Strong cash flow performance suggests robust cash management.

Income Statement

The company has shown moderate revenue growth with a slight increase in Total Revenue from 2024 to 2025. However, the Gross Profit Margin and Net Profit Margin are inconsistent, indicating challenges in cost management. The EBIT Margin and EBITDA Margin have improved significantly, signaling better operational efficiency.

Balance Sheet

The company has a high Debt-to-Equity Ratio, indicating significant leverage, which is a potential risk factor. However, the Return on Equity (ROE) has improved, suggesting better returns on shareholder investments. The Equity Ratio is relatively stable, reflecting a balanced asset structure despite high liabilities.

Cash Flow

Strong Free Cash Flow Growth over the years suggests improved cash generation capabilities. The Operating Cash Flow to Net Income Ratio indicates efficient cash conversion, while a healthy Free Cash Flow to Net Income Ratio supports the company's ability to cover its net earnings with available cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	62.12B	60.00B	59.26B	63.43B	59.55B	36.82B
Gross Profit	35.51B	33.91B	10.57B	29.71B	18.56B	10.63B
EBITDA	10.97B	9.40B	10.22B	7.53B	30.31B	6.13B
Net Income	2.37B	1.13B	2.10B	2.27B	22.47B	-5.58B
Balance Sheet
Total Assets	0.00	57.41B	61.00B	60.54B	63.22B	59.01B
Cash, Cash Equivalents and Short-Term Investments	1.91B	1.91B	894.67M	720.15M	1.83B	3.49B
Total Debt	0.00	27.51B	32.35B	34.14B	38.45B	38.21B
Total Liabilities	-23.76B	33.66B	38.37B	39.96B	44.89B	72.63B
Stockholders Equity	23.76B	23.76B	22.63B	20.58B	18.33B	-13.63B
Cash Flow
Free Cash Flow	0.00	11.44B	4.91B	6.73B	8.30B	4.30B
Operating Cash Flow	0.00	13.88B	6.81B	7.39B	8.60B	4.48B
Investing Cash Flow	0.00	-2.36B	-1.77B	-566.30M	-259.27M	-169.90M
Financing Cash Flow	0.00	-10.86B	-4.86B	-7.92B	-9.43B	-1.50B

Jayaswal Neco Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 92.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JAYNECOIND, the sentiment is Positive. The current price of 92.4 is above the 20-day moving average (MA) of 83.49, above the 50-day MA of 76.93, and above the 200-day MA of 56.92, indicating a bullish trend. The MACD of 3.60 indicates Positive momentum. The RSI at 55.20 is Neutral, neither overbought nor oversold. The STOCH value of 31.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:JAYNECOIND.

Jayaswal Neco Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KSL	76 Outperform	₹30.24B	11.65	―	1.36%	-0.46%	4.85%
POKARNA	71 Outperform	₹24.09B	16.72	―	0.07%	0.69%	25.55%
IMFA	68 Neutral	₹66.49B	20.03	―	1.05%	-6.18%	-23.70%
SUNFLAG	62 Neutral	₹45.18B	22.97	―	0.28%	6.44%	36.54%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JAYNECOIND	59 Neutral	₹85.59B	22.10	―	―	20.00%	1413.14%
NEOGEN	54 Neutral	₹32.18B	131.93	―	0.09%	8.44%	-35.59%

Jayaswal Neco Industries Limited Corporate Events

Jayaswal Neco Industries Approves INR 1,800 Crore NCD Issuance

Jayaswal Neco Industries Limited has announced the approval for issuing up to 180,000 unlisted, unrated, secured, redeemable, fully paid-up non-convertible debentures (NCDs) with a face value of INR 100,000 each, totaling INR 1,800 crore. This strategic move is aimed at enhancing the company’s financial structure and supporting its operational and growth objectives. The issuance is secured by a first-ranking charge over the company’s assets and a personal guarantee from its promoters, highlighting the company’s commitment to strengthening its financial position and ensuring stakeholder confidence.