Added to YB: 2025-10-28
Pitch date: 2025-10-24
JAYNECOIND.NS [neutral]
Jayaswal Neco Industries Limited
-5.64%
current return
Author Info
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Company Info
Jayaswal Neco Industries Limited engages in the manufacture and sale of steel products and iron and steel castings in India.
Market Cap
INR 76.5B
Pitch Price
INR 79.44
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.87
P/E
20.33
EV/Sales
1.45
Sector
Metals and Mining
Category
turnaround
Jayaswal NECO: A Deep Dive!
JAYNECOIND.NS (deep dive): Integrated steel producer w/ captive iron ore & power recovering from debt crisis. FY25 Q1 profit ₹93cr vs ₹32cr loss prior year. Debt reduced ₹670cr to ₹2,557cr, planning ₹3,200cr NCD refinancing at lower rates. 100% ore self-sufficiency provides cost advantage. ACRE fully exited 31% stake. Risk: cyclical steel demand.
Read full article (16 min)