Jayaswal Neco Industries Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Jayaswal Neco Industries Ltd?

Jayaswal Neco Industries Ltd is trading at 115.00 as of 10 May 2026, with a FY2026-2027 high of 116 and low of 34.8. The stock is currently near its 52-week high. Market cap stands at 11,191 Cr..

Q: Is Jayaswal Neco Industries Ltd financially healthy?

Key indicators: ROCE of 20.7 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is Jayaswal Neco Industries Ltd profitable and how is the profit trend?

Jayaswal Neco Industries Ltd reported a net profit of 113 Cr in Mar 2025 on revenue of 5,954 Cr. Compared to 2,247 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹102.43Overvalued by 10.93%vs CMP ₹115.00

P/E (23.8) × ROE (18.0%) × BV (₹29.30) × DY (2.00%)

₹49.05Overvalued by 57.35%vs CMP ₹115.00

MoS: -134.5% (Negative)Confidence: 65/100 (Moderate)Models: All 8: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹71.55	26%	Over (-37.8%)
Graham Number	Earnings	₹50.38	18%	Over (-56.2%)
DCF	Cash Flow	₹16.23	15%	Over (-85.9%)
Net Asset Value	Assets	₹29.19	8%	Over (-74.6%)
EV/EBITDA	Enterprise	₹79.28	10%	Over (-31.1%)
Earnings Yield	Earnings	₹38.50	8%	Over (-66.5%)
ROCE Capital	Returns	₹43.79	8%	Over (-61.9%)
Revenue Multiple	Revenue	₹30.59	6%	Over (-73.4%)
Consensus (8 models)		₹49.05	100%	Overvalued

Key Drivers: EPS CAGR -30.1% drags value — could be higher if earnings stabilize. | Wide model spread (₹16–₹79) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -30.1%

*Investments are subject to market risks

Analyst Summary

Jayaswal Neco Industries Ltd operates in the Castings/Foundry segment, current market price is ₹115.00, market cap is 11,191 Cr.. At a glance, stock P/E is 23.8, ROE is 18.0 %, ROCE is 20.7 %, book value is 29.3, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹49.05, around 57.3% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹5,954 Cr versus the prior period change of 1.1%, while latest net profit is about ₹113 Cr with a prior-period change of -46.2%. The 52-week range shown on this page is 116/34.8, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisJayaswal Neco Industries Ltd. is a Public Limited Listed company incorporated on 28/11/1972 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(…

This summary is generated from the stock page data available for Jayaswal Neco Industries Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Jayaswal Neco Industries Ltd scores 61/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health59/100 · Moderate

ROCE 20.7% ExcellentROE 18.0% GoodD/E 1.28 High debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent

Smart Money70/100 · Strong

FII holding up 1.27% (6mo) AccumulatingPromoter holding at 55.2% Stable

Earnings Quality60/100 · Moderate

OPM stable around 17% SteadyWorking capital: 57 days (improving) Efficient

Quarterly Momentum80/100 · Strong

Revenue (4Q): +19% YoY GrowingProfit (4Q): +2,777% YoY Strong

Industry Rank35/100 · Weak

P/E 23.8 vs industry 26.4 In-lineROCE 20.7% vs industry 60.3% Below peers3Y sales CAGR: 0% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 12:27 am

Market Cap	11,191 Cr.
Current Price	115
Intrinsic Value	₹49.05
High / Low	116/34.8
Stock P/E	23.8
Book Value	29.3
Dividend Yield	0.00 %
ROCE	20.7 %
ROE	18.0 %
Face Value	10.0
PEG Ratio	-0.79

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Jayaswal Neco Industries Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Jayaswal Neco Industries Ltd	11,191 Cr.	115	116/34.8	23.8	29.3	0.00 %	20.7 %	18.0 %	10.0
Electrosteel Castings Ltd	5,477 Cr.	88.6	139/60.1	15.6	95.3	1.58 %	13.4 %	13.2 %	1.00
Kirloskar Industries Ltd	3,465 Cr.	3,280	4,726/2,456	21.5	6,545	0.40 %	6.72 %	2.60 %	10.0
Nelcast Ltd	1,287 Cr.	148	181/80.6	27.6	65.0	0.34 %	9.55 %	6.48 %	2.00
Alicon Castalloy Ltd	1,173 Cr.	712	1,025/580	30.8	377	0.77 %	11.6 %	8.02 %	5.00
Industry Average	6,702.89 Cr	911.10		26.41	814.74	0.92%	60.29%	19.18%	7.00

All Competitor Stocks of Jayaswal Neco Industries Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	1,686	1,469	1,465	1,501	1,556	1,411	1,438	1,230	1,657	1,675	1,649	1,781	1,727
Expenses	1,410	1,281	1,256	1,206	1,266	1,179	1,273	1,061	1,393	1,334	1,335	1,454	1,417
Operating Profit	276	188	208	296	290	233	165	170	264	342	315	327	310
OPM %	16%	13%	14%	20%	19%	16%	11%	14%	16%	20%	19%	18%	18%
Other Income	-46	2	4	2	10	-15	5	2	3	3	5	4	-10
Interest	114	111	105	107	115	142	144	145	140	134	119	112	126
Depreciation	66	68	66	67	67	67	67	71	74	74	75	76	76
Profit before tax	50	12	40	124	119	8	-41	-45	53	137	125	143	99
Tax %	-16%	55%	32%	26%	25%	75%	-23%	-24%	-46%	26%	26%	26%	25%
Net Profit	58	5	28	92	89	2	-32	-34	77	102	93	105	74
EPS in Rs	0.59	0.05	0.28	0.94	0.91	0.02	-0.33	-0.35	0.79	1.05	0.96	1.08	0.76

Last Updated: February 5, 2026, 10:38 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 3:46 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	3,157	3,020	2,638	2,509	3,466	4,199	3,611	3,676	5,911	6,297	5,887	5,954	6,833
Expenses	2,764	2,659	2,407	2,228	3,158	3,675	3,410	3,066	4,610	5,515	4,859	5,013	5,539
Operating Profit	393	360	231	281	308	524	200	610	1,301	782	1,028	941	1,293
OPM %	12%	12%	9%	11%	9%	12%	6%	17%	22%	12%	17%	16%	19%
Other Income	10	-74	-34	29	31	17	-560	6	1,730	-29	-0	13	1
Interest	175	186	225	550	659	712	868	909	459	453	470	564	491
Depreciation	116	83	82	255	273	273	276	267	261	266	266	287	300
Profit before tax	112	17	-109	-495	-592	-444	-1,504	-559	2,311	34	291	103	504
Tax %	44%	89%	-20%	-7%	-17%	-0%	0%	-0%	3%	-565%	28%	-9%
Net Profit	63	2	-87	-459	-491	-444	-1,504	-558	2,247	227	210	113	374
EPS in Rs	1.06	0.03	-1.36	-7.19	-7.69	-6.95	-23.56	-8.74	23.14	2.34	2.16	1.16	3.85
Dividend Payout %	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-96.83%	-4450.00%	-427.59%	-6.97%	9.57%	-238.74%	62.90%	502.69%	-89.90%	-7.49%	-46.19%
Change in YoY Net Profit Growth (%)	0.00%	-4353.17%	4022.41%	420.61%	16.54%	-248.31%	301.64%	439.79%	-592.59%	82.41%	-38.70%

Jayaswal Neco Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	11%
3 Years:	0%
TTM:	5%

Compounded Profit Growth
10 Years:	4%
5 Years:	16%
3 Years:	-42%
TTM:	46%

Stock Price CAGR
10 Years:	24%
5 Years:	75%
3 Years:	34%
1 Year:	20%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	9%
Last Year:	5%

Last Updated: September 5, 2025, 8:10 am

Balance Sheet

Last Updated: April 29, 2026, 5:00 am

Month	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	639	639	639	639	639	639	639	971	971	971	971	971
Reserves	1,579	1,459	999	511	61	-1,445	-2,001	862	1,087	1,292	1,405	1,870
Borrowings	4,031	4,275	4,189	4,040	3,942	3,940	3,829	3,845	3,414	3,214	2,735	2,109
Other Liabilities	957	704	1,139	1,575	2,074	2,628	3,434	644	582	623	631	1,020
Total Liabilities	7,207	7,077	6,965	6,765	6,716	5,762	5,901	6,322	6,054	6,100	5,741	5,970
Fixed Assets	1,401	2,200	4,785	4,899	4,641	4,241	3,992	3,744	3,536	3,316	3,384	3,228
CWIP	3,137	2,847	457	494	493	82	82	95	94	219	127	94
Investments	15	1	1	1	0	0	0	0	0	0	0	2
Other Assets	2,653	2,029	1,722	1,372	1,582	1,439	1,827	2,483	2,423	2,565	2,230	2,646
Total Assets	7,207	7,077	6,965	6,765	6,716	5,762	5,901	6,322	6,054	6,100	5,741	5,970

Reserves and Borrowings Chart

Cash Flow

Month	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	860	739	681	1,388	1,367
Cash from Investing Activity +	-515	-27	32	25	-71	-29	-17	-26	-57	-177	-236	-113
Cash from Financing Activity +	-10	-484	-292	-225	-372	-284	-150	-943	-792	-486	-1,086	-1,284
Net Cash Flow	-192	-13	12	59	-70	0	281	-109	-110	17	66	-30
Free Cash Flow	-189	432	281	254	358	282	430	830	675	499	1,144	1,251
CFO/OP	96%	215%	98%	83%	72%	156%	72%	66%	94%	68%	148%	104%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	393.00	356.00	227.00	277.00	304.00	521.00	197.00	607.00	-2.00	779.00	-2.00	939.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	47	38	43	60	59	42	36	33	28	27	26	25
Inventory Days	141	175	132	188	106	142	143	182	163	139	226	170
Days Payable	67	82	38	79	55	57	47	36	37	35	44	33
Cash Conversion Cycle	122	131	137	169	110	128	131	178	154	132	208	161
Working Capital Days	-46	-25	-61	-148	-189	-191	-318	-396	59	-117	92	57
ROCE %	6%	5%	3%	1%	1%	5%	-2%	12%	26%	10%	14%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	49.48%	49.48%	49.48%	54.46%	54.46%	54.46%	54.46%	54.46%	55.15%	55.15%	55.15%	55.15%
FIIs	0.00%	0.00%	0.00%	0.05%	0.10%	0.01%	0.01%	0.02%	0.02%	0.04%	1.07%	1.29%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.51%	0.21%
Public	50.53%	50.51%	50.53%	45.48%	45.43%	45.52%	45.52%	45.52%	44.83%	44.81%	43.27%	43.35%
No. of Shareholders	39,366	38,987	40,994	41,681	45,197	45,579	51,026	50,911	51,309	51,611	1,02,768	1,02,763

Shareholding Pattern Chart

No. of Shareholders

Jayaswal Neco Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 16	Mar 15	Mar 14	Mar 13	Mar 12
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-1.47	0.00	1.17	0.71	1.95
Diluted EPS (Rs.)	-1.47	0.00	1.15	0.64	1.95
Cash EPS (Rs.)	-0.20	1.30	2.97	2.50	3.90
Book Value[Excl.RevalReserv]/Share (Rs.)	33.20	34.67	35.44	36.31	34.13
Book Value[Incl.RevalReserv]/Share (Rs.)	33.21	34.67	35.44	36.32	34.13
Revenue From Operations / Share (Rs.)	41.22	47.35	52.81	51.27	72.02
PBDIT / Share (Rs.)	4.11	5.87	6.68	6.54	9.66
PBIT / Share (Rs.)	2.85	4.57	4.75	4.60	7.25
PBT / Share (Rs.)	-1.73	0.24	1.85	0.96	2.34
Net Profit / Share (Rs.)	-1.47	0.00	1.04	0.55	1.49
NP After MI And SOA / Share (Rs.)	-1.47	0.00	1.04	0.55	1.49
PBDIT Margin (%)	9.98	12.39	12.65	12.76	13.41
PBIT Margin (%)	6.91	9.65	8.99	8.96	10.07
PBT Margin (%)	-4.19	0.51	3.51	1.88	3.25
Net Profit Margin (%)	-3.55	0.00	1.96	1.09	2.07
NP After MI And SOA Margin (%)	-3.55	0.00	1.96	1.09	2.07
Return on Networth / Equity (%)	-4.41	0.01	2.92	1.54	4.37
Return on Capital Employeed (%)	3.40	5.37	5.88	6.61	10.33
Return On Assets (%)	-1.31	0.00	0.94	0.56	1.48
Long Term Debt / Equity (X)	1.44	1.35	1.17	0.81	0.93
Total Debt / Equity (X)	1.86	1.73	1.64	1.24	1.28
Asset Turnover Ratio (%)	0.36	0.43	0.55	0.59	0.81
Current Ratio (X)	0.76	0.91	0.91	0.92	1.13
Quick Ratio (X)	0.40	0.40	0.47	0.37	0.48
Inventory Turnover Ratio (X)	2.02	1.95	2.37	2.08	2.62
Interest Coverage Ratio (X)	1.21	2.03	2.31	1.80	1.97
Interest Coverage Ratio (Post Tax) (X)	0.91	1.50	1.36	1.15	1.30
Enterprise Value (Cr.)	4331.16	4281.89	3732.03	2546.50	2027.98
EV / Net Operating Revenue (X)	1.65	1.42	1.18	0.99	0.78
EV / EBITDA (X)	16.48	11.42	9.33	7.83	5.84
MarketCap / Net Operating Revenue (X)	0.16	0.17	0.16	0.17	0.22
Price / BV (X)	0.20	0.23	0.23	0.25	0.47
Price / Net Operating Revenue (X)	0.16	0.17	0.16	0.17	0.22
EarningsYield	-0.21	0.00	0.12	0.06	0.09

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Jayaswal Neco Industries Ltd. is a Public Limited Listed company incorporated on 28/11/1972 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L28920MH1972PLC016154 and registration number is 016154. Currently Company is involved in the business activities of Manufacture of basic iron and steel. Company's Total Operating Revenue is Rs. 7131.82 Cr. and Equity Capital is Rs. 970.99 Cr. for the Year ended 31/03/2026.

INDUSTRY	ADDRESS	CONTACT
Castings/Foundry	F-8, MIDC Industrial Area, Hingna Road, Nagpur Maharashtra 440016	Contact not found

Management
Name	Position Held
Mr. Arvind Jayaswal	Chairman
Mr. Ramesh Jayaswal	Managing Director
Mr. Sangram Keshari Swain	Executive Director
Mr. Vinod Kumar Kathuria	Independent Director
Mr. Ashwini Kumar	Independent Director
Mr. Rajendraprasad Mohanka	Independent Director
Mrs. Kumkum Rathi	Independent Director
Mr. Manoj Shah	Independent Director

FAQ

What is the intrinsic value of Jayaswal Neco Industries Ltd and is it undervalued?

As of 10 May 2026, Jayaswal Neco Industries Ltd's intrinsic value is ₹49.05, which is 57.35% lower than the current market price of ₹115.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (18.0 %), book value (₹29.3), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Jayaswal Neco Industries Ltd?

Jayaswal Neco Industries Ltd is trading at ₹115.00 as of 10 May 2026, with a FY2026-2027 high of ₹116 and low of ₹34.8. The stock is currently near its 52-week high. Market cap stands at ₹11,191 Cr..

How does Jayaswal Neco Industries Ltd's P/E ratio compare to its industry?

Jayaswal Neco Industries Ltd has a P/E ratio of 23.8, which is below the industry average of 26.41. This is broadly in line with or below the industry average.

Is Jayaswal Neco Industries Ltd financially healthy?

Key indicators for Jayaswal Neco Industries Ltd: ROCE of 20.7 % indicates efficient capital utilization; ROE of 18.0 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Jayaswal Neco Industries Ltd profitable and how is the profit trend?

Jayaswal Neco Industries Ltd reported a net profit of ₹113 Cr in Mar 2025 on revenue of ₹5,954 Cr. Compared to ₹2,247 Cr in Mar 2022, the net profit shows a declining trend.

Does Jayaswal Neco Industries Ltd pay dividends?

Jayaswal Neco Industries Ltd has a dividend yield of 0.00 % at the current price of ₹115.00. The company is currently not paying meaningful dividends.