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  1. Home
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  5. Iron & Steel Products
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  7. Jayaswal Neco Industries Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

Jayaswal Neco Industries Ltd Stock Price Today (NSE: JAYNECOIND)

Jayaswal Neco Industries Ltd

JAYNECOINDIron & Steel Products
₹96.76+₹0.53 (+0.55%)↑
As on 20 Apr 2026, 08:33 am ISTMarket Open

Fundamental Score

...

Jayaswal Neco Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Jayaswal Neco Industries Ltd share price today is ₹96.76, up +0.55% on NSE/BSE as of 20 April 2026. Jayaswal Neco Industries Ltd (JAYNECOIND) is a Mid-cap company in the Iron & Steel Products sector with a market capitalisation of ₹6.85K (Cr). The 52-week high for JAYNECOIND share price is ₹94.30 and the 52-week low is ₹32.89. At a P/E ratio of 18.18x, JAYNECOIND is currently trading below its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 4.86% and a debt-to-equity ratio of 0.90.

Jayaswal Neco Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
+0.55%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹96.76— Analysis below may reference an earlier price snapshot.

Financial Analysis of Jayaswal Neco Share Price

The Iron & Steel Products sector is currently navigating a complex landscape, marked by fluctuating raw material costs and evolving global demand. This analysis examines the financial stability of Jayaswal Neco Industries Ltd., focusing on the current Jayaswal Neco share price of ₹75.959999 and key financial metrics to assess its performance within this dynamic environment. This is a preliminary assessment of the stock's financial health.

With a Price-to-Earnings (PE) ratio of 18.18, Jayaswal Neco Industries appears reasonably valued compared to some broader market averages. However, a more detailed comparison with its sector peers is crucial. For instance, assessing how Jayaswal Neco share price valuation metrics compare against Azad India would require a deeper dive into factors like management quality and perceived future growth potential. Differentials in valuation could be linked to how investors perceive the effectiveness of leadership across these firms.

A critical metric for evaluating a company’s efficiency is its Return on Capital Employed (ROCE). Jayaswal Neco's ROCE stands at 12.59%. A higher ROCE generally indicates a stronger ability to generate profits from invested capital. The strength of the company's moat—its competitive advantage—can be impacted by this ROCE. A consistently high ROCE allows the company to reinvest earnings at attractive rates, reinforcing its market position and potentially leading to a virtuous cycle of growth and profitability. How sustainable this ROCE is, given prevailing economic conditions, is a key consideration.

This analysis of the Jayaswal Neco share price and associated metrics is part of a comprehensive 80-parameter fundamental audit. This detailed assessment, verified by Sweta Mishra, incorporates a wide range of qualitative and quantitative factors to provide a holistic view of the company's financial health. It is important to remember that this analysis is purely observational and does not constitute investment advice. Any investment decisions should be based on thorough individual research and consultation with a qualified financial advisor.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Jayaswal Neco Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
2 Apr 26₹72.50₹79.95₹72.50₹78.9968.79L (Cr)
1 Apr 26₹73.70₹76.50₹73.10₹75.0137.46L (Cr)
30 Mar 26₹72.80₹73.50₹71.10₹71.5541.95L (Cr)
27 Mar 26₹73.75₹75.29₹71.32₹74.1172.61L (Cr)
25 Mar 26₹72.94₹75.10₹72.80₹74.2514.41L (Cr)
24 Mar 26₹71.50₹72.90₹69.30₹72.0543.19L (Cr)
23 Mar 26₹71.80₹73.49₹68.40₹68.9054.16L (Cr)
20 Mar 26₹71.45₹77.16₹71.10₹74.2467.43L (Cr)
19 Mar 26₹71.02₹74.59₹69.80₹70.1534.06L (Cr)
18 Mar 26₹72.30₹74.20₹72.30₹73.6821.38L (Cr)

Jayaswal Neco Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
Apr 2026₹73.70₹79.95₹72.50₹78.99+7.18%
Mar 2026₹73.10₹77.26₹68.40₹71.55-2.12%
Feb 2026₹70.45₹84.17₹69.11₹76.80+9.01%
Jan 2026₹87.82₹94.30₹70.20₹73.26-16.58%
Dec 2025₹71.60₹93.45₹64.40₹87.82+22.65%
Nov 2025₹77.86₹78.90₹69.74₹71.60-8.04%
Oct 2025₹67.60₹81.20₹66.75₹77.69+14.93%
Sept 2025₹58.20₹75.57₹57.12₹67.30+15.64%
Aug 2025₹52.92₹65.50₹48.03₹57.77+9.16%
Jul 2025₹38.30₹54.64₹34.90₹52.61+37.36%
Jun 2025₹40.47₹43.20₹37.80₹37.95-6.23%
May 2025₹40.00₹46.49₹36.25₹40.55+1.37%

AI Research Briefing

Powered by Gemini · 2026-04-13

JAYNECOIND is a debt-laden turnaround story teetering on a legal tightrope, where success hinges on dodging the ED bullet and maintaining operational momentum.

Research Confidence
6.0/10Moderate
DEBT TRAP TURNAROUNDConsolidation - Recent pullback after a strong 6M run.Fair - P/E of 18.18x vs. Industry P/E of 22.05x.

⚡WHAT'S HAPPENING NOW (last 2-4 weeks):

Jayaswal Neco Industries Ltd's (JAYNECOIND) technical momentum has shifted to a more confident bullish trend. On April 9, 2026, the stock closed at ₹80.67, a 2.57% increase from the previous close. Markets Mojo upgraded the stock to a 'Buy' grade with a score of 71.0 as of April 8, 2026. On April 10, 2026, the stock price fell by -0.693% to ₹81.64.

�� CORE STORY (THE REAL GAME):

JAYNECOIND is being priced as a debt restructuring turnaround play, leveraging improved operational efficiencies and favorable sector conditions to transform from near bankruptcy to a financially stronger steel and mining entity.

�� WHAT IS DRIVING THE STOCK:

Improved Technical Momentum: Upgraded to a bullish trend, signaling renewed investor interest.

Strong Historical Returns: The stock has significantly outperformed the Sensex across multiple timeframes, with a one-year surge of 156.18% compared to Sensex's 4.49% gain.

Positive Analyst Sentiment: Markets Mojo upgraded the stock to a 'Buy' grade, indicating enhanced confidence.

⚖️ BULL vs BEAR:

Bull:Debt restructuring complete, capacity expansion to 300 million tonnes by 2030, and government infrastructure spending drive steel demand.

Bear:High promoter pledging at 99.9%, dependence on imported coking coal, regulatory delays, and ongoing legal conflict with the ED related to a coal block allocation.

�� WHAT MARKET IS PRICING:

The market is pricing in continued debt restructuring success and operational improvements. A negative Supreme Court ruling regarding the ED case or a slowdown in infrastructure spending could trigger a sell-off.

�� BOTTOM LINE:

JAYNECOIND is a high-risk, high-reward turnaround play with significant upside potential if it successfully navigates its legal and financial challenges.

Why Now
  • Technical momentum shift to bullish
  • Analyst upgrade to 'Buy'
  • Strong historical outperformance vs. Sensex
Potential Catalysts
  • Resolution of ED case in Supreme Court
  • Significant new order wins
  • Faster-than-expected debt reduction
Key Risks
  • Micro/SME cap - liquidity risk
  • 99.9% promoter pledging
  • Ongoing ED case with potential ₹300 Cr liability
Institutional Activity

FII and DII increased their holdings, but promoter pledging remains a concern.

Macro Context

Indian steel industry is growing, but faces challenges from fluctuating raw material costs and geopolitical crises.

Order Book / Expansion

On January 22, 2026, JAYNECOIND signed a Memorandum of Understanding with the Government of Maharashtra for setting up a Two Million Tonnes Per Annum World Class Integrated Steel Plant at Gadchiroli District, Maharashtra. The Proposed Project Investment is for INR 22,620 million with Projected Direct Employment of 2600 staff/workers.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹3578.66 Cr.

3–6 Month Outlook

If JAYNECOIND resolves the ED issue and continues to deleverage, it could re-rate significantly. However, failure on either front could lead to a sharp correction.

Primary Thesis Risk

An adverse ruling in the ED case could trigger a collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

ROE

4.86%
Poor

ROCE

12.59%
Excellent

OPM (5Y)

16.82%

Div Yield

0.00%

Jayaswal Neco Industries Ltd Valuation Check

Good

P/E Ratio

18.18x
Poor

Industry P/E

22.05x
Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Market Cap

6.85K (Cr)

Shareholding Pattern

Excellent

Promoter

55.15%
Poor

FII

1.07%
Poor

DII

0.51%
Poor

Pledged

99.90%

Growth Engine

Excellent

Profit Growth (Q)

407.31%
Excellent

Sales Growth (Q)

44.79%
Average

Sales Growth (5Y)

10.52%
Excellent

EPS Growth (5Y)

15.76%
Excellent

Profit Growth (5Y)

16.22%

Balance Sheet Health

Poor

Debt to Equity

0.90x
Poor

Int. Coverage

1.91x

Free Cash Flow (5Y)

3.58K (Cr)

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Jayaswal Neco Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of JAYNECOIND across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Strong Operating Margins (16.82%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (407.31%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (44.79%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Excellent EPS Growth (15.76% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (16.22% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Cash Generation (₹3578.66 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (55.15%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

5 factors identified

Below-Average Return on Equity (4.86%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Weak Interest Coverage (1.91x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Limited Institutional Interest (FII+DII: 1.58%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

High Share Pledging Risk (99.90%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Peer Comparison - Iron & Steel Products

Compare Jayaswal Neco Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Overall score
Valuation
Price metrics
Profitability
Return metrics
Financial Health
Debt management
Growth
5Y performance
Dividend
Yield %
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
Jayaswal Neco Industries LtdJayaswal Neco I...Selected✓
JAYNECOIND • 522285
38.5/100
₹96.76₹97
₹6850.49₹6850.49
18.18Average
18.2
Average
4.86%Poor
4.86%
Poor
12.59%Average
12.59%
Average
0.90Good
0.9
Good
16.22%Excellent
16.22%
Excellent
10.52%Good
10.52%
Good
0.00%
Apl Apollo Tubes LtdApl Apollo Tube...
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₹2112.10₹2112
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45.90Average
45.9
Average
18.95%Good
18.95%
Good
0.00%Poor
0.00%
Poor
0.16Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Shyam Metalics and Energy LtdShyam Metalics ...
SHYAMMETL • 543299
68/100
₹864.30₹864
₹22904.25₹22904.25
23.60Average
23.6
Average
8.99%Poor
8.99%
Poor
0.00%Poor
0.00%
Poor
0.10Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Welspun Corp LtdWelspun Corp Lt...
WELCORP • 532144
68.3/100
₹1091.95₹1092
₹22738.84₹22738.84
12.82Average
12.8
Average
18.59%Good
18.59%
Good
0.00%Poor
0.00%
Poor
0.19Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Ratnamani Metals & Tubes LtdRatnamani Metal...
RATNAMANI • 520111
68/100
₹2479.90₹2480
₹16673.81₹16673.81
27.49Average
27.5
Average
16.01%Good
16.01%
Good
0.00%Poor
0.00%
Poor
0.06Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Godawari Power & Ispat LtdGodawari Power ...
GPIL • 532734
58.9/100
₹302.50₹303
₹16393.58₹16393.58
22.05Average
22.1
Average
17.23%Good
17.23%
Good
0.00%Poor
0.00%
Poor
0.04Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Gallantt Ispat LtdGallantt Ispat ...
GALLANTT • 532726
61.5/100
₹872.20₹872
₹14229.55₹14229.55
28.88Average
28.9
Average
15.11%Good
15.11%
Good
0.00%Poor
0.00%
Poor
0.21Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Usha Martin LtdUsha Martin Ltd...
USHAMART • 517146
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₹448.80₹449
₹12879.99₹12879.99
30.52Average
30.5
Average
15.83%Good
15.83%
Good
0.00%Poor
0.00%
Poor
0.09Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Jindal Saw LtdJindal Saw Ltd...
JINDALSAW • 500378
42.5/100
₹240.56₹241
₹10658.72₹10658.72
7.76Average
7.8
Average
16.31%Good
16.31%
Good
0.00%Poor
0.00%
Poor
0.43Excellent
0.4
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Maharashtra Seamless LtdMaharashtra Sea...
MAHSEAMLES • 500265
62/100
₹641.85₹642
₹7894.79₹7894.79
10.07Average
10.1
Average
12.90%Average
12.90%
Average
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Surya Roshni LtdSurya Roshni Lt...
SURYAROSNI • 500336
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₹240.00₹240
₹5747.74₹5747.74
17.54Average
17.5
Average
14.88%Average
14.88%
Average
0.00%Poor
0.00%
Poor
0.05Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%

Jayaswal Neco Industries Ltd Financial Statements

Comprehensive financial data for Jayaswal Neco Industries Ltd including income statement, balance sheet and cash flow

About JAYNECOIND (Jayaswal Neco Industries Ltd)

Jayaswal Neco Industries Ltd is a prominent Indian manufacturer deeply rooted in the iron and steel sector. They are a vertically integrated organization transforming raw materials... into a diverse portfolio of high-quality steel products. They produce essential materials like pellets, sponge iron, and pig iron which are foundational in steel production. These raw materials feed their own advanced processes creating steel billets, blooms, and slabs. With their production lines they offer a comprehensive range of steel products catering to diverse industrial demands. They produce a broad range of steel goods serving as vital inputs for a vast spectrum of industries, from construction and infrastructure to automotive and engineering. The company extends its capabilities beyond basic steel production into specialized areas with precision engineering. Jayaswal Neco Industries stands out for its expertise in crafting alloy steel bars and wire rods which are known for their strength and durability. These materials are vital components in a wide array of applications where high performance is critical. They are used in manufacturing processes to create springs, fasteners, and automotive components. The company’s metallurgical expertise allows it to tailor steel properties to meet specific customer needs. Their commitment to innovation and quality positions Jayaswal Neco Industries as a reliable partner for businesses seeking superior steel solutions. Their steel and iron castings, exemplify their advanced capabilities and their integrated approach allows them to maintain stringent quality control. With a focus on continuous improvement and customer satisfaction, Jayaswal Neco Industries contributes significantly to the growth and development of the Indian manufacturing landscape, providing crucial materials for infrastructure, construction, and other key sectors. Their commitment to quality and precision ensures they remain a trusted name in the industry.

Company Details

Symbol:JAYNECOIND
Industry:Iron & Steel Products
Sector:Iron & Steel Products
Website:https://www.necoindia.com

Key Leadership

Mr. Arvind Kumar Jayaswal
Whole-Time Executive Chairman
Mr. Ramesh Kumar Jayaswal
MD, CEO of Steel Plant Division & Director
Mr. Kapil Shroff
Chief Financial Officer

Latest News

Jayaswal Neco Industries Limited (NSE:JAYNECOIND) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected - simplywall.st
simplywall.st• 7/17/2025
Jayaswal Neco Industries Ltd (JAYNECOIND) Stock Analysis | Price, Returns, Financials & Key Metrics - Markets Mojo
Markets Mojo• 6/12/2025
Optimistic Investors Push Jayaswal Neco Industries Limited (NSE:JAYNECOIND) Shares Up 29% But Growth Is Lacking - simplywall.st
simplywall.st• 12/31/2025

JAYNECOIND Share Price: Frequently Asked Questions

What is the current share price of Jayaswal Neco Industries Ltd?

As of 20 Apr 2026, 08:33 am IST, Jayaswal Neco Industries Ltd share price is ₹96.76. The Jayaswal Neco Industries Ltd stock has a market capitalisation of ₹6.85K (Cr) on NSE/BSE.

Is Jayaswal Neco Industries Ltd share price Overvalued or Undervalued?

Jayaswal Neco Industries Ltd share price is currently trading at a P/E ratio of 18.18x, compared to the industry average of 22.05x. Based on this relative valuation, the Jayaswal Neco Industries Ltd stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of Jayaswal Neco Industries Ltd share price?

The 52-week high of Jayaswal Neco Industries Ltd share price is ₹94.30 and the 52-week low is ₹32.89. These values are updated daily from NSE/BSE price data.

What factors affect the Jayaswal Neco Industries Ltd share price?

Key factors influencing Jayaswal Neco Industries Ltd share price include quarterly earnings growth (Sales Growth: 44.79%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is Jayaswal Neco Industries Ltd a good stock for long-term investment?

Jayaswal Neco Industries Ltd shows a 5-year Profit Growth of 16.22% and an ROE of 4.86%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.90 before investing in Jayaswal Neco Industries Ltd shares.

How does Jayaswal Neco Industries Ltd compare with its industry peers?

Jayaswal Neco Industries Ltd competes with major peers in the Iron & Steel Products. Investors should compare Jayaswal Neco Industries Ltd share price P/E of 18.18x and ROE of 4.86% against the industry averages to determine competitive standing.

What is the P/E ratio of Jayaswal Neco Industries Ltd and what does it mean?

Jayaswal Neco Industries Ltd share price has a P/E ratio of 18.18x compared to the industry average of 22.05x. Investors pay ₹18 for every ₹1 of annual earnings.

How is Jayaswal Neco Industries Ltd performing according to Bull Run's analysis?

Jayaswal Neco Industries Ltd has a Bull Run fundamental score of 38.5/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does Jayaswal Neco Industries Ltd belong to?

Jayaswal Neco Industries Ltd operates in the Iron & Steel Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Jayaswal Neco Industries Ltd share price.

What is Return on Equity (ROE) and why is it important for JAYNECOIND?

JAYNECOIND has an ROE of 4.86%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Jayaswal Neco Industries Ltd generates profits from shareholders capital.

How is JAYNECOIND debt-to-equity ratio and what does it indicate?

JAYNECOIND has a debt-to-equity ratio of 0.90, which indicates moderate leverage that should be monitored.

What is JAYNECOIND dividend yield and is it a good dividend stock?

JAYNECOIND offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Jayaswal Neco Industries Ltd shares.

How has JAYNECOIND share price grown over the past 5 years?

JAYNECOIND has achieved 5-year growth rates of: Sales Growth 10.52%, Profit Growth 16.22%, and EPS Growth 15.76%.

What is the promoter holding in JAYNECOIND and why does it matter?

Promoters hold 55.15% of JAYNECOIND shares, with 99.90% pledged. High promoter holding often indicates strong management confidence in Jayaswal Neco Industries Ltd.

What is JAYNECOIND market capitalisation category?

JAYNECOIND has a market capitalisation of ₹6850 crores, placing it in the Mid-cap category.

How volatile is JAYNECOIND stock?

JAYNECOIND has a beta of N/A. A beta > 1 suggests the Jayaswal Neco Industries Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is JAYNECOIND operating profit margin trend?

JAYNECOIND has a 5-year average Operating Profit Margin (OPM) of 16.82%, indicating the company's operational efficiency.

How is JAYNECOIND quarterly performance?

Recent quarterly performance shows Jayaswal Neco Industries Ltd YoY Sales Growth of 44.79% and YoY Profit Growth of 407.31%.

What is the institutional holding pattern in JAYNECOIND?

JAYNECOIND has FII holding of 1.07% and DII holding of 0.51%. Significant institutional holding often suggests professional confidence in the Jayaswal Neco Industries Ltd stock.

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