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Jayaswal Neco Industries Limited (JAYNECOIND) AI Stock Analysis
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Jayaswal Neco Industries Limited
(NSE:JAYNECOIND)
The score is driven primarily by improving financial performance—better FY2026 revenue/operating profit and consistently positive free cash flow alongside meaningful debt reduction—tempered by historically volatile profitability and still-elevated leverage for a cyclical steel company. Technical indicators are mixed with negative MACD limiting momentum, while valuation appears reasonable at ~14.8x earnings but lacks dividend-yield support due to missing data.
Jayaswal Neco Industries Limited (JAYNECOIND) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 86.19B
- Dividend Yield
- ―
- Average Volume (3M)
- 253.51K
- Price to Earnings (P/E)
- 12.3
- Beta (1Y)
- 1.66
- Revenue Growth
- 18.34%
- EPS Growth
- 82.81%
- Country
- India
- Employees
- 4,261
- Sector
- General
- Sector Strength
- 55
- Industry
- Steel
Jayaswal Neco Industries Limited Business Overview & Revenue Model
Company Description
Jayaswal Neco Industries Limited, founded in 1902 and headquartered in Nagpur, India, is a long-standing producer and distributor of steel goods, alongside iron and steel castings. The company conducts its operations through dedicated Steel, Iron and...
How the Company Makes Money
Jayaswal Neco Industries Limited primarily makes money by manufacturing and selling metal products. Its core revenue stream is the sale of steel and related products produced from its steelmaking operations, where revenue is typically driven by sales...
Jayaswal Neco Industries Limited Financial Statement Overview
Summary
Fundamentals are improving but remain mid-quality for a cyclical steel business. Revenue re-accelerated in FY2026 (~5.5% growth) and operating profit improved, while free cash flow is consistently positive and rebounded strongly in FY2026 (~35.2%). Offsetting these positives are volatile profitability across years (including FY2021 loss and FY2022 spike) and still-meaningful leverage despite clear debt reduction (~38.4B to ~21.1B by FY2026).
Income Statement
62PositiveBalance Sheet
55NeutralCash Flow
66Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 75.89B | 71.32B | 60.00B | 59.26B | 63.43B | 59.55B |
| Gross Profit | 38.03B | 36.54B | 33.91B | 10.57B | 29.71B | 18.56B |
| EBITDA | 14.19B | 13.31B | 9.40B | 10.22B | 7.50B | 30.31B |
| Net Income | 5.64B | 4.63B | 1.13B | 2.10B | 2.27B | 22.47B |
Balance Sheet | ||||||
| Total Assets | 0 | 59.70B | 57.41B | 61.00B | 60.54B | 63.22B |
| Cash, Cash Equivalents and Short-Term Investments | 2.68B | 2.73B | 1.91B | 894.67M | 720.15M | 1.83B |
| Total Debt | 0 | 21.09B | 27.51B | 32.35B | 34.14B | 38.45B |
| Total Liabilities | -28.41B | 31.29B | 33.66B | 38.37B | 39.96B | 44.89B |
| Stockholders Equity | 28.41B | 28.41B | 23.76B | 22.63B | 20.58B | 18.33B |
Cash Flow | ||||||
| Free Cash Flow | 6.09B | 12.51B | 11.44B | 4.91B | 6.73B | 8.30B |
| Operating Cash Flow | 6.70B | 13.67B | 13.88B | 6.81B | 7.39B | 8.60B |
| Investing Cash Flow | -576.20M | -1.13B | -2.36B | -1.77B | -566.30M | -259.27M |
| Financing Cash Flow | -6.30B | -12.84B | -10.86B | -4.86B | -7.92B | -9.43B |
Jayaswal Neco Industries Limited Peers Comparison
Overall Rating
IN:MAHSEAMLES74Outperform
IN:RATNAMANI71Outperform
IN:APLAPOLLO70Outperform
IN:SURYAROSNI69Neutral
IN:JINDALSAW61Neutral
IN:JAYNECOIND59Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 74Outperform | INR 72.17B | 9.78 | ― | 1.86% | -12.21% | -16.07% | |
| 71Outperform | INR 162.60B | 37.55 | ― | 0.43% | -16.30% | -24.14% | |
| 70Outperform | INR 600.02B | 46.05 | ― | 0.39% | 15.83% | 24.85% | |
| 69Neutral | INR 44.23B | 14.23 | ― | 2.47% | 11.69% | 8.23% | |
| 61Neutral | INR 146.03B | 26.52 | ― | 0.88% | -0.73% | -60.06% | |
| 59Neutral | INR 84.60B | 12.26 | ― | ― | 18.34% | 82.81% | |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:JAYNECOIND | Jayaswal Neco Industries Limited | 87.13 | 9.04 | 11.58% | |
| IN:APLAPOLLO | APL Apollo Tubes Limited | 2161.00 | 370.34 | 20.68% | |
| IN:JINDALSAW | Jindal Saw Limited | 228.35 | 55.59 | 32.18% | |
| IN:MAHSEAMLES | Maharashtra Seamless Limited | 538.60 | -33.19 | -5.81% | |
| IN:RATNAMANI | Ratnamani Metals & Tubes Ltd. | 2319.85 | -150.56 | -6.09% | |
| IN:SURYAROSNI | Surya Roshni Limited | 203.25 | -95.47 | -31.96% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 06, 2026