Jayaswal Neco Industries (JAYNECOIND)₹89.74−1.94%Iron & Steel Products
In the Jun 2026 quarter (standalone), Jayaswal Neco Industries reported sales of ₹2,109 Cr, up 27.7% from Jun 2025, and net profit of ₹194 Cr, up 108.5% year on year. For the year to Mar 2026, sales were ₹7,136 Cr and net profit ₹465 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,502 | 1,558 | 1,414 | 1,440 | 1,231 | 1,660 | 1,678 | 1,651 | 1,783 | 1,730 | 1,975 | 2,109 |
| Expenses | 1,204 | 1,264 | 1,176 | 1,271 | 1,060 | 1,391 | 1,332 | 1,333 | 1,452 | 1,414 | 1,597 | 1,709 |
| Operating Profit | 297 | 290 | 234 | 165 | 170 | 265 | 343 | 316 | 328 | 310 | 376 | 396 |
| OPM % | 19.9% | 18.9% | 16.0% | 11.0% | 14.0% | 15.9% | 20.0% | 18.9% | 17.9% | 18.0% | 19.0% | 19.0% |
| Other Income | 2.01 | 10.04 | −15.05 | 5.02 | 2.01 | 3.01 | 3.01 | 5.02 | 4.01 | −10.04 | 5.02 | 12.04 |
| Interest | 107 | 115 | 142 | 144 | 145 | 140 | 134 | 119 | 112 | 126 | 68.96 | 65.94 |
| Depreciation | 66.95 | 66.97 | 66.87 | 66.88 | 70.93 | 73.89 | 73.97 | 74.89 | 75.92 | 75.88 | 74.93 | 76.91 |
| Profit before tax | 124 | 119 | 7.97 | −40.84 | −44.86 | 52.80 | 137 | 125 | 142 | 98.69 | 235 | 264 |
| Tax % | 26.0% | 25.0% | 75.0% | −23.0% | −24.0% | −46.0% | 26.0% | 26.0% | 26.0% | 25.0% | 19.1% | 27.0% |
| Exceptional items | 0.00 | 0.00 | −11.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −7.99 | 0.00 | 0.00 |
| Net Profit | 92.25 | 89.25 | 2.01 | −32.08 | −34.07 | 77.25 | 102 | 93.30 | 105 | 74.26 | 192 | 194 |
| EPS (Rs) | 0.95 | 0.92 | 0.03 | −0.34 | −0.36 | 0.78 | 1.04 | 0.97 | 1.07 | 0.77 | 1.98 | 2.01 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,641 | 2,514 | 3,470 | 4,205 | 3,614 | 3,681 | 5,916 | 6,302 | 5,899 | 5,964 | 7,136 | 7,597 |
| Expenses | 2,402 | 2,224 | 3,150 | 3,669 | 3,405 | 3,058 | 4,603 | 5,502 | 4,849 | 5,006 | 5,797 | 6,172 |
| Operating Profit | 231 | 281 | 308 | 525 | 200 | 611 | 1,302 | 784 | 1,030 | 943 | 1,329 | 1,411 |
| OPM % | 9.0% | 10.9% | 9.0% | 12.0% | 6.0% | 17.0% | 22.0% | 12.0% | 17.0% | 16.0% | 19.0% | 18.6% |
| Other Income | −34.13 | 29.09 | 31.13 | 17.06 | −562 | 6.02 | 1,735 | −29.12 | 0.00 | 13.05 | 3.01 | 11.03 |
| Interest | 225 | 550 | 659 | 712 | 868 | 908 | 458 | 452 | 469 | 564 | 426 | 373 |
| Depreciation | 81.95 | 255 | 273 | 272 | 276 | 267 | 261 | 266 | 265 | 287 | 301 | 304 |
| Profit before tax | −109 | −493 | −589 | −443 | −1,500 | −557 | 2,304 | 33.89 | 290 | 103 | 601 | 740 |
| Tax % | −20.0% | −7.0% | −17.0% | 0.0% | 0.0% | 0.0% | 3.0% | −565.0% | 28.0% | −9.0% | 23.1% | — |
| Exceptional items | −64.94 | 0.00 | 6.99 | 0.00 | −565 | 0.00 | 1,674 | −45.93 | −7.99 | 0.00 | −7.99 | −7.99 |
| Net Profit | −87.26 | −460 | −492 | −446 | −1,509 | −559 | 2,254 | 228 | 211 | 113 | 465 | 566 |
| EPS (Rs) | −1.37 | −7.20 | −7.68 | −6.96 | −23.57 | −8.73 | 23.16 | 2.33 | 2.17 | 1.15 | 4.78 | 5.83 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 638 | 638 | 638 | 639 | 638 | 638 | 638 | 970 | 971 | 970 | 971 | 970 |
| Reserves | 1,585 | 1,463 | 1,003 | 513 | 61.19 | −1,448 | −2,006 | 865 | 1,091 | 1,297 | 1,409 | 1,876 |
| Borrowings | 4,038 | 4,278 | 4,194 | 4,045 | 3,946 | 3,946 | 3,833 | 3,850 | 3,420 | 3,217 | 2,738 | 2,111 |
| Other Liabilities | 956 | 707 | 1,141 | 1,583 | 2,084 | 2,635 | 3,444 | 647 | 583 | 623 | 634 | 1,020 |
| Total Liabilities | 7,217 | 7,087 | 6,974 | 6,779 | 6,729 | 5,770 | 5,909 | 6,332 | 6,064 | 6,108 | 5,752 | 5,977 |
| Fixed Assets | 1,404 | 2,203 | 4,793 | 4,911 | 4,651 | 4,248 | 3,998 | 3,750 | 3,544 | 3,321 | 3,392 | 3,233 |
| CWIP | 3,143 | 2,852 | 457 | 495 | 494 | 82.07 | 82.16 | 95.15 | 94.11 | 219 | 127 | 94.13 |
| Investments | 15.02 | 1.01 | 1.01 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 |
| Other Assets | 2,654 | 2,031 | 1,723 | 1,374 | 1,584 | 1,441 | 1,829 | 2,486 | 2,425 | 2,567 | 2,233 | 2,647 |
| Inventories | 929 | 633 | 684 | 545 | 837 | 857 | 903 | 1,213 | 1,290 | 1,502 | 1,219 | 1,400 |
| Trade receivables | 314 | 313 | 411 | 562 | 487 | 352 | 328 | 458 | 470 | 419 | 402 | 469 |
| Cash & equivalents | 60.07 | 42.07 | 58.07 | 113 | 99.17 | 116 | 369 | 486 | 283 | 140 | 191 | 267 |
| Total Assets | 7,217 | 7,087 | 6,974 | 6,779 | 6,729 | 5,770 | 5,909 | 6,332 | 6,064 | 6,108 | 5,752 | 5,977 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 333 | 498 | 272 | 260 | 374 | 313 | 448 | 861 | 739 | 681 | 1,389 | 1,368 |
| Cash from investing activity | −513 | −26.94 | 31.89 | 24.94 | −70.85 | −28.94 | −16.96 | −25.93 | −56.84 | −177 | −235 | −113 |
| Cash from financing activity | −10.04 | −486 | −293 | −226 | −373 | −285 | −151 | −946 | −794 | −488 | −1,089 | −1,289 |
| Net cash flow | −193 | −13.06 | 12.05 | 59.23 | −70.22 | 0.00 | 282 | −109 | −110 | 17.05 | 66.30 | −30.09 |
| Capex | 523 | 151 | 42.01 | 6.01 | 16.02 | 34.03 | 17.99 | 30.02 | 66.01 | 190 | 244 | 116 |
| Free cash flow | −189 | 432 | 281 | 254 | 358 | 282 | 430 | 830 | 675 | 499 | 1,144 | 1,252 |
| CFO / OP % | 96.0% | 215.1% | 98.0% | 83.1% | 72.1% | 156.0% | 72.1% | 66.1% | 94.0% | 68.0% | 148.1% | 104.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 38 | 43 | 60 | 59 | 42 | 36 | 33 | 28 | 27 | 26 | 25 | 24 |
| Inventory days | 176 | 133 | 189 | 107 | 143 | 144 | 183 | 164 | 140 | 227 | 171 | 184 |
| Days payable | 82 | 38 | 79 | 55 | 57 | 47 | 36 | 37 | 35 | 44 | 33 | 56 |
| Cash conversion cycle | 130 | 136 | 168 | 109 | 127 | 130 | 177 | 153 | 131 | 207 | 160 | 150 |
| Working capital days | −24 | −60 | −147 | −188 | −190 | −317 | −395 | 60 | −116 | 93 | 58 | 22 |
| ROCE % | 5.0% | 3.0% | 1.0% | 1.0% | 5.0% | −2.0% | 12.0% | 26.1% | 10.1% | 14.1% | 13.1% | 21.1% |
For the Jun 2026 quarter, Jayaswal Neco Industries reported sales of ₹2,109 Cr, up 27.7% year on year and net profit of ₹194 Cr, up 108.5% year on year. The operating margin was 19.0%.
Jayaswal Neco Industries' sales for the year to Mar 2026 were ₹7,136 Cr; over the last twelve months they were ₹7,597 Cr.
Net profit for the year to Mar 2026 was ₹465 Cr, and ₹566 Cr over the last twelve months. Earnings per share over the same trailing period were ₹5.83.
Jayaswal Neco Industries reported borrowings of ₹2,111 Cr at Mar 2026, against cash and equivalents of ₹267 Cr.
Cash from operations was ₹1,368 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1,252 Cr.