Jayaswal Neco Industries Ltd (JAYNECOIND) — shareholding pattern, promoter holding, financials and share price
About Jayaswal Neco Industries Ltd (JAYNECOIND)
Jayaswal Neco Industries Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as JAYNECOIND and on the BSE under scrip code 522285. Its ISIN is INE854B01010.
Jayaswal Neco Industries Limited (JNIL) is the flagship company of NECO Group of Industries. Started in 1976 as a small-scale Iron Foundry unit, Jayaswal Neco Industries Limited (Foundry Division) is now a producer of Iron & steel castings. The Company is engaged in the manufacturing and supply of billets, rolled products, pig iron & skull, sponge iron, pellet, steel, and Iron & steel castings. [1]
Jayaswal Neco Industries Limited (JNIL) is one of India's largest alloy steel manufacturers, primarily engaged in producing steel billets, rolled products, pig iron, sponge iron, pellets, sinter, coke oven, and engineering castings.
JNIL's fully integrated operations, including captive iron ore mines and power plants, ensure cost efficiency and supply stability. This integration positions JNIL for long-term competitiveness in the steel industry.
Listed peers in Iron & Steel Products: Maharashtra Seamless Ltd, Sunflag Iron & Steel Company Ltd, Technocraft Industries (India) Ltd, Surya Roshni Ltd, Aeroflex Industries Ltd, Goodluck India Ltd.
Valuation & Returns
10 Jul 2026At ₹91.72 a share on 10 Jul 2026, Jayaswal Neco Industries Ltd (JAYNECOIND) was valued at a price-to-earnings ratio of 19.23x against an industry P/E of 37x and a price-to-book of 3.75x on a book value of ₹24.47 per share as of Mar 2025. Solomo computes return on equity of 19.49% and return on capital employed of 20.15% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 19.23x
- Industry P/E
- 37x
- P/B
- 3.75x
- EPS (TTM)
- ₹4.77
- Book value / share
- ₹24.47
- ROE
- 19.49%
- ROCE
- 20.15%
- ROA
- 8.07%
- Debt / equity
- 1.15x
- Dividend yield
- 0%
- EBITDA margin
- 18.66%
- 52-week range
- ₹34.91 – ₹117.1
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2016In the year ended Mar 2016, Jayaswal Neco Industries Ltd (JAYNECOIND) reported revenue of ₹2,624 crore, net profit of ₹-94 crore and earnings per share of ₹-1.47. That compares with revenue of ₹3,020 crore in Mar 2015. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,974 crore and net profit ₹191 crore (standalone).
| Metric | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,588 | 2,545 | 3,157 | 3,020 | 2,624 |
| Net profit (₹ cr) | 54 | 28 | 62 | 0 | -94 |
| EPS (₹) | 1.49 | 0.56 | 1.04 | 0 | -1.47 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 8.20% | 10.56% | 0.23% | -12.95% |
| Profit growth | - | - | -63.13% | - |
| Stock price CAGR | 28% | 30% | 52% | 80% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 55.15% of Jayaswal Neco Industries Ltd (JAYNECOIND) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.32% and domestic institutional investors (DII) hold 0.77%. Promoters have pledged 99.9% of their holding. Market capitalisation was ₹8,906 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: EFFICIENT STRUCTURES PRIVATE LIMITED . 2.95%, RAJVARDHAN TRADEZONE PRIVATE LIMITED 2.71%, COSTAL MULTITRADING PRIVATE LIMITED 2.65%, SALMON DEVELOPERS PRIVATE LIMITED 1.91%, DARSHAN GEMS PRIVATE LIMITED 1.78%, HUF 1.59%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 55.15% | 99.9% | 1.32% | 0.77% | 44.85% |
| Mar 2026 | 55.15% | 99.9% | 0.9% | 0.3% | 44.85% |
| Dec 2025 | 55.15% | - | 1.29% | 0.21% | 44.85% |
| Sep 2025 | 55.15% | 99.9% | 1.07% | 0.51% | 44.85% |
| Jun 2025 | 55.15% | 99.9% | 0.04% | 0% | 44.85% |
| Mar 2025 | 55.15% | 96.7% | 0.02% | 0% | 44.85% |
| Dec 2024 | 54.47% | 97.3% | 0.02% | 0% | 45.53% |
| Sep 2024 | 54.47% | 97.3% | 0.02% | 0% | 45.53% |