Jayaswal Neco Industries Limited

Jayaswal Neco Industries Limited (JAYNECOIND) is a small-cap Capital Goods company valued at ₹9,759 crore operating in Iron & Steel Products on the NSE and BSE.

Recent price move

Jayaswal Neco Industries Limited last traded at ₹100.4, up 4.20% on the day.

Recent developments

On 2026-06-30, promoter shares pledged reached 99.87% of promoter holding, indicating significant leverage. Foreign institutional holding increased by 0.42 percentage points to 1.32%, while domestic institutional holding rose by 0.47 percentage points to 0.77%.

Financial performance

The company's annual revenue rose 19.8% to ₹7,132 crore, while annual net profit surged 309.8% to ₹463 crore. The latest quarter saw revenue increase 27.7% to ₹2,107 crore and net profit jump 108.5% to ₹194 crore, with net profit margin expanding 4.6 percentage points to 6.5%.

Valuation multiples

The stock trades at 21.1 times earnings, 3.13 times book value.

Things to watch

The company is not paying out dividends despite repeated profits. Promoter shares pledged account for 99.87% of promoter holding, and the stock is 22.0% below its 52-week high. The promoter holding is 55.15%, with a large portion pledged.

Where it stands

The company's business has improved significantly, with revenue and net profit growing rapidly. The latest quarter showed strong growth, but promoter shares pledged at 99.87% of holding and a stock price 22.0% below its 52-week high are key factors. The stock is 22.0% below its 52-week high.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.