Jayaswal Neco Metallics Private Limited

Jayaswal Neco Metallics Private Limited - metals and minerals in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U27310MH1993PTC435398 Incorporated 24 March 1993 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company metals and minerals
Revenue · FY 2022
₹3.57 Lakh
▲ 108% YoY
Net profit · FY 2022
₹12.89 Cr
Latest filing
EBITDA · FY 2022
₹11,220
EBITDA margin 3.1%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹39.25 Cr
Issued & subscribed
Open charges
₹3,200 Cr
Satisfied ₹7,959.44 Cr
Company age
33 yrs
Est. 1993
Directors on board
2
As per MCA filings

About Jayaswal Neco Metallics Private Limited

Data last updated:

Jayaswal Neco Metallics Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 24 March 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH1993PTC435398.

The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹39.25 Cr. It was formerly known as Nilhat Commodities Pvt Ltd. It is led by directors Arvindkumar Jayaswal and Ramesh Jayaswal.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nagpur, Maharashtra.

As per the financials filed for FY 2022, the company reported a revenue of ₹3.57 Lakh, a growth of 108% compared to the previous year. For the same year it recorded a net profit of ₹12.89 Cr and EBITDA of ₹11,220 (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.

As per MCA filings, the company has open charges of ₹3,200 Cr and satisfied charges of ₹7,959.44 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website necoindia.com.

Company details

CIN U27310MH1993PTC435398
Registration Number 435398
Incorporation Date 24 March 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

CIN history

Jayaswal Neco Metallics has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27310MH1993PTC435398, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27310MH1993PTC435398Current
U51109WB1993PTC058237Previous
U27310WB1993PTC058237Previous

Contact details

Jayaswal Neco Metallics Private Limited's registered office is in Nagpur, Maharashtra.

  • Registered Address
    F – 8 MIDC Industrial Area, Hingna Road, Nagpur, Maharashtra, India – 440016
  • Industry
    Metals and Minerals, Metal Retail & Distribution
Comprehensive company report
Jayaswal Neco Metallics Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Jayaswal Neco Metallics Private Limited

FY 2025 filings available

Jayaswal Neco Metallics Private Limited reported revenue of ₹3.57 Lakh (up 108% YoY) for FY 2022.

Revenue · FY 2022
₹3.57 Lakh ▲ 108%
Net profit · FY 2022
₹12.89 Cr
EBITDA · FY 2022
₹11,220 margin 3.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 108%
3 years · compounded
▼ 13%
5 years · compounded
▼ 2%
EBITDA CAGR growth
3 years · compounded
▼ 12%
5 years · compounded
▼ 4%

Revenue rose 108% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.57 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹11,220
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.89 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin3.1%
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Jayaswal Neco Metallics Private Limited, buy the company report.

Board of directors of Jayaswal Neco Metallics Private Limited

Jayaswal Neco Metallics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arvindkumar JayaswalDirector01 Oct 200818 Years 1 MonthsCurrent
Ramesh JayaswalDirector01 Oct 200818 Years 1 MonthsCurrent

Charges & borrowings

Open charges
₹3,200 Cr
Satisfied charges
₹7,959.44 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹4,525.86 Cr
Others₹3,290.00 Cr
Sbicap Trustee Company Limited₹143.58 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Dec 2023100832251Others₹3,200 CrSatisfied
18 May 2022100578720Idbi Trusteeship Services Limited₹4,525.86 CrSatisfied
30 Dec 2016100073533Others₹90 CrSatisfied
16 Jan 201510548373Sbicap Trustee Company Limited₹143.58 CrSatisfied

To see the full charge records of Jayaswal Neco Metallics Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Jayaswal Neco Metallics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Jayaswal Neco Metallics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Jayaswal Neco Metallics Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Basant Lal Shaw ceased to be Director on 15 Dec 2014.

Charges
A charge registered on 16 Dec 2023 via Charge ID 100832251 with Others was fully satisfied on 15 Dec 2025.
AGM
Jayaswal Neco Metallics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 3,200.00 Cr registered on 16 Dec 2023 with Charge ID 100832251 was modified on 30 Sep 2025.
Filing
Jayaswal Neco Metallics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 16 Jan 2015 via Charge ID 10548373 with Sbicap Trustee Company Limited was fully satisfied on 17 Oct 2024.
Charges
A charge with Others amounted to Rs. 3,200.00 Cr with Charge ID 100832251 was registered on 16 Dec 2023.
Charges
A charge registered on 18 May 2022 via Charge ID 100578720 with Idbi Trusteeship Services Limited was fully satisfied on 14 Dec 2023.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 143.58 Cr registered on 16 Jan 2015 with Charge ID 10548373 was modified on 07 Jul 2022.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 4,525.86 Cr registered on 18 May 2022 with Charge ID 100578720 was modified on 28 Jun 2022.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 4,525.86 Cr with Charge ID 100578720 was registered on 18 May 2022.
Charges
A charge registered on 30 Dec 2016 via Charge ID 100073533 with Others was fully satisfied on 23 Dec 2021.
Charges
A charge with Others amounted to Rs. 90.00 Cr with Charge ID 100073533 was registered on 30 Dec 2016.

8 earlier events are in the company report.

Frequently asked questions

Jayaswal Neco Metallics is an active private limited company based in Nagpur, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 24 March 1993 (33+ years old) and is registered under CIN U27310MH1993PTC435398.

Jayaswal Neco Metallics has 2 current directors:

The latest financial statements of Jayaswal Neco Metallics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Jayaswal Neco Metallics is U27310MH1993PTC435398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jayaswal Neco Metallics was incorporated on 24 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.

Basant Lal Shaw ceased to be Director on 15 Dec 2014. Hari Gopal Girdhar Lal Joshi ceased to be Director on 17 May 2013. Ashok Krishna Prasad ceased to be Director on 15 Apr 2009. Jayaswal Neco Metallics has 6 board changes on record in total.

Jayaswal Neco Metallics can be reached through the website necoindia.com. Its registered office is in Nagpur, Maharashtra, India.

The registered office of Jayaswal Neco Metallics is at F – 8 MIDC Industrial Area, Hingna Road, Nagpur, Maharashtra, India – 440016.

Jayaswal Neco Metallics operates in the metals and minerals industry, in the metal retail and distribution segment.

Jayaswal Neco Metallics has open charges of ₹3,200 Cr and satisfied charges of ₹7,959.44 Cr as per latest MCA filings.