About Jayaswal Neco Industries Limited
Data last updated:
Jayaswal Neco Industries Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 28 November 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN L28920MH1972PLC016154. Its GSTIN is 27AAACJ3174F1ZQ (Maharashtra). The company holds 31 GST registrations, of which 22 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 522285 and NSE: JAYNECOIND.
The company has an authorised share capital of ₹2,500 Cr and a paid-up capital of ₹971 Cr. It was formerly known as Nagpur Engineering Co. Private Limited and Nagpur Engineering Company Limited. It is led by directors including Ramesh Jayaswal (Managing Director) and Arvind Jayaswal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at F – 8M I D C Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹7,131.82 Cr, a growth of 18.9% compared to the previous year. For the same year it recorded a net profit of ₹470.81 Cr (net margin 6.6%) and EBITDA of ₹1,318.64 Cr (EBITDA margin 18.5%). The net worth stands at ₹2,841.36 Cr (up 19.6% YoY). Total assets are valued at ₹4,965.21 Cr (down 3.1% YoY).
The company has about 4,031 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neco India. As per MCA filings, the company has open charges of ₹2,450.93 Cr and satisfied charges of ₹20,477 Cr on record. Court records list 364 cases involving the company, including 254 filed by the company and 110 filed against it; 68 cases are pending. The company has 68 deals on record (57 market trades, 8 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5,635.78 Cr; the latest was in September 2025. Its 8 peer companies in the Metals and Minerals industry (Die Casting, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Kirloskar Ferrous Industries Ltd with revenue of ₹6,616.81 Cr. The company has 139 MSME Form 1 returns on record between 2005 and 2024, listing 10,084 overdue payments to 559 micro and small suppliers.
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
Name history
Jayaswal Neco Industries has undergone 3 name changes throughout its history. The company was previously known as Nagpur Engineering Co. Private Limited, Nagpur Engineering Company Limited, and Jayaswals Neco Limited. The current legal name is Jayaswal Neco Industries Limited.
| Company Name | Status |
|---|---|
| Jayaswal Neco Industries Limited | Current |
| Nagpur Engineering Co. Private Limited | Previous |
| Nagpur Engineering Company Limited | Previous |
| Jayaswals Neco Limited | Previous |
Contact details
Jayaswal Neco Industries Limited's registered office is in Nagpur, Maharashtra. Its website is necoindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 8M I D C Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Jayaswal Neco Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Jayaswal Neco Industries operates one associated brand: Neco India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Iron and steel castings are manufactured for diverse industries. | necoindia.com |
Business activity
The main business activity of Jayaswal Neco Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Jayaswal Neco Industries Limited, buy the company report.
Financials of Jayaswal Neco Industries Limited
FY 2025-26 filings availableJayaswal Neco Industries Limited reported revenue of ₹7,131.82 Cr (up 18.9% YoY) for FY 2025-26.
Financial Highlights
FY 2015-16 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 2,633 | 3,024 | 3,161 | 2,549 |
| Revenue growth | -13.0% | -4.3% | +24.0% | - |
| EBITDA | 155 | 269 | 392 | 318 |
| EBITDA margin | +5.9% | +8.9% | +12.4% | +12.5% |
| Profit before tax | (110) | 15.64 | 111 | 47.99 |
| Net profit | (18.80) | (19.63) | 62.13 | 27.74 |
| Net profit margin | -0.7% | -0.7% | +2.0% | +1.1% |
| EPS (₹) | 0.00 | 0.00 | 1.04 | 0.56 |
| Balance sheet | ||||
| Total assets | 6,235 | 6,297 | 5,828 | 4,255 |
| Net worth | 2,121 | 2,214 | 2,122 | 1,806 |
| Total debt | 4,114 | 4,055 | 3,679 | 2,422 |
| Cash & bank | 48.10 | 60.28 | 255 | 152 |
| Net working capital | 658 | 927 | 1,055 | 846 |
| Cash flow | ||||
| Cash from operations | 521 | 332 | 184 | 195 |
| Cash from investing | (26.91) | (515) | (976) | (1,114) |
| Cash from financing | (506) | (8.91) | 889 | 947 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 7,132 | 6,000 | 5,934 | 6,343 | 5,959 | 3,705 | 3,632 |
| Revenue growth | +18.9% | +1.1% | -6.5% | +6.5% | +60.8% | +2.0% | - |
| EBITDA | 1,319 | 941 | 1,009 | 731 | 1,300 | 610 | (368) |
| EBITDA margin | +18.5% | +15.7% | +17.0% | +11.5% | +21.8% | +16.5% | -10.1% |
| Profit before tax | 603 | 103 | 291 | 34.10 | 2,311 | (559) | (1,504) |
| Net profit | 471 | 113 | 218 | 273 | 571 | (558) | (940) |
| Net profit margin | +6.6% | +1.9% | +3.7% | +4.3% | +9.6% | -15.1% | -25.9% |
| EPS (₹) | 4.77 | 1.16 | 2.16 | 2.34 | 23.14 | (8.74) | (23.56) |
| Balance sheet | |||||||
| Total assets | 4,965 | 5,127 | 5,523 | 5,472 | 5,679 | 2,467 | 3,135 |
| Net worth | 2,841 | 2,376 | 2,263 | 2,058 | 1,833 | (1,363) | (806) |
| Total debt | 2,109 | 2,735 | 3,214 | 3,414 | 3,845 | 3,829 | 3,940 |
| Cash & bank | 267 | 191 | 140 | 283 | 485 | 369 | 116 |
| Net working capital | 1,455 | 1,433 | 1,789 | 1,654 | 1,844 | (1,676) | (1,227) |
| Cash flow | |||||||
| Cash from operations | 1,367 | 1,388 | 681 | 739 | 860 | 448 | 313 |
| Cash from investing | (113) | (236) | (177) | (56.62) | (25.93) | (16.99) | (28.60) |
| Cash from financing | (1,284) | (1,086) | (486) | (792) | (943) | (150) | (284) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,194 | 2,107 | 1,974 | 1,727 | 1,781 | 1,649 | 1,675 | 1,657 |
| Revenue growth (YoY) | +23.2% | +27.7% | +17.9% | +4.3% | +44.8% | +14.7% | - | - |
| Other income | 6.48 | 11.74 | 4.61 | (0.09) | 3.76 | 4.85 | 2.66 | 3.24 |
| Total expenses | 1,754 | 1,711 | 1,599 | 1,427 | 1,454 | 1,335 | 1,334 | 1,393 |
| EBITDA | 440 | 396 | 376 | 300 | 327 | 315 | 342 | 264 |
| EBITDA margin | +20.1% | +18.8% | +19.0% | +17.4% | +18.4% | +19.1% | +20.4% | +15.9% |
| Depreciation | 77.57 | 76.85 | 74.79 | 75.82 | 75.68 | 74.67 | 73.96 | 74.44 |
| Interest | 61.57 | 65.53 | 68.95 | 126 | 112 | 119 | 134 | 140 |
| Profit before tax | 307 | 265 | 236 | 98.88 | 143 | 125 | 137 | 52.57 |
| Tax | 77.64 | 71.05 | 45.60 | 24.79 | 37.58 | 32.37 | 35.00 | (24.36) |
Financial Statements
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Revenue | 2,633 | 3,024 | 3,161 | 2,549 |
| Revenue growth | -13.0% | -4.3% | +24.0% | - |
| Other income | 34.33 | 16.49 | 9.41 | 11.08 |
| Total expenses | 2,478 | 2,756 | 2,769 | 2,231 |
| Employee cost | 132 | 158 | 149 | 127 |
| EBITDA | 155 | 269 | 392 | 318 |
| EBITDA margin | +5.9% | +8.9% | +12.4% | +12.5% |
| Depreciation | 80.71 | 82.84 | 116 | 96.68 |
| Interest | 219 | 187 | 175 | 185 |
| Profit before tax | (110) | 15.64 | 111 | 47.99 |
| Tax | (16.86) | 15.37 | 48.85 | 20.18 |
| Net profit | (18.80) | (19.63) | 62.13 | 27.74 |
| Net profit margin | -0.7% | -0.7% | +2.0% | +1.1% |
| EPS (₹) | 0.00 | 0.00 | 1.04 | 0.56 |
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 639 | 639 | 599 | 497 |
| Reserves & surplus | 1,482 | 1,576 | 1,523 | 1,308 |
| Shareholders' funds (net worth) | 2,121 | 2,214 | 2,122 | 1,806 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 3,867 | 3,809 | 3,129 | 2,043 |
| Unsecured loans | 247 | 246 | 550 | 379 |
| Total debt | 4,114 | 4,055 | 3,679 | 2,422 |
| Total liabilities | 6,235 | 6,297 | 5,828 | 4,255 |
| Assets | ||||
| Gross block | 3,178 | 2,362 | 2,339 | 1,955 |
| Net block | 2,207 | 1,410 | 1,481 | 1,268 |
| Capital work in progress | 2,852 | 3,163 | 2,058 | 1,062 |
| Investments | 0.94 | 1.26 | 0.76 | 0.65 |
| Inventories | 630 | 925 | 782 | 802 |
| Sundry debtors | 313 | 314 | 411 | 302 |
| Cash & bank balances | 48.10 | 60.28 | 255 | 152 |
| Loans & advances | 342 | 344 | 156 | 103 |
| Total current assets | 1,334 | 1,644 | 1,603 | 1,359 |
| Total current liabilities | 676 | 717 | 549 | 513 |
| Net working capital | 658 | 927 | 1,055 | 846 |
| Total assets | 6,235 | 6,297 | 5,828 | 4,255 |
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Opening cash | 21.39 | 213 | 116 | 88.81 |
| Net cash from operating activities | 521 | 332 | 184 | 195 |
| Net cash from investing activities | (26.91) | (515) | (976) | (1,114) |
| Net cash from financing activities | (506) | (8.91) | 889 | 947 |
| Net change in cash | (12.52) | (192) | 96.50 | 27.63 |
| Closing cash | 48.10 | 60.28 | 255 | 152 |
| Particulars | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | -13.0% | -4.3% | +24.0% | - |
| EBITDA growth | -42.4% | -31.6% | +23.3% | - |
| PBT growth | - | -85.9% | +131.3% | +9997.0% |
| Net income growth | +4.2% | -131.6% | +124.0% | - |
| Revenue CAGR (3Y) | +1.1% | - | - | - |
| EBITDA CAGR (3Y) | -21.4% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | -3.6% | +0.0% | +2.0% | +1.1% |
| Return on capital employed | +2.9% | +4.9% | +5.7% | +6.5% |
| Return on net worth | -0.9% | -0.9% | +3.2% | +1.8% |
| Debt / equity | 1.88 | 1.78 | 1.55 | 1.36 |
| Long-term debt / equity | 1.38 | 1.25 | 1.00 | 0.86 |
| Interest cover | 295.81 | 100.46 | 63.30 | 83.35 |
| Efficiency & per share | ||||
| Fixed asset turnover | 1.07 | 1.43 | 1.65 | 1.54 |
| Inventory turnover | 3.80 | 3.93 | 4.46 | 3.82 |
| Debtors turnover | 9.41 | 9.26 | 9.92 | 9.63 |
| EPS (₹) | 0.00 | 0.00 | 1.04 | 0.56 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 33.21 | 34.67 | 35.44 | 36.31 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,194 | 2,107 | 1,974 | 1,727 | 1,781 | 1,649 | 1,675 | 1,657 |
| Revenue growth (YoY) | +23.2% | +27.7% | +17.9% | +4.3% | +44.8% | +14.7% | - | - |
| Other income | 6.48 | 11.74 | 4.61 | (0.09) | 3.76 | 4.85 | 2.66 | 3.24 |
| Total expenses | 1,754 | 1,711 | 1,599 | 1,427 | 1,454 | 1,335 | 1,334 | 1,393 |
| EBITDA | 440 | 396 | 376 | 300 | 327 | 315 | 342 | 264 |
| EBITDA margin | +20.1% | +18.8% | +19.0% | +17.4% | +18.4% | +19.1% | +20.4% | +15.9% |
| Depreciation | 77.57 | 76.85 | 74.79 | 75.82 | 75.68 | 74.67 | 73.96 | 74.44 |
| Interest | 61.57 | 65.53 | 68.95 | 126 | 112 | 119 | 134 | 140 |
| Profit before tax | 307 | 265 | 236 | 98.88 | 143 | 125 | 137 | 52.57 |
| Tax | 77.64 | 71.05 | 45.60 | 24.79 | 37.58 | 32.37 | 35.00 | (24.36) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,132 | 6,000 | 5,934 | 6,343 | 5,959 | 3,705 | 3,632 |
| Revenue growth | +18.9% | +1.1% | -6.5% | +6.5% | +60.8% | +2.0% | - |
| Other income | 13.13 | 12.63 | 18.45 | 22.07 | 1,731 | 6.38 | 8.52 |
| Total expenses | 5,813 | 5,059 | 4,925 | 5,612 | 4,659 | 3,095 | 4,000 |
| Employee cost | 387 | 328 | 328 | 277 | 254 | 220 | 226 |
| EBITDA | 1,319 | 941 | 1,009 | 731 | 1,300 | 610 | (368) |
| EBITDA margin | +18.5% | +15.7% | +17.0% | +11.5% | +21.8% | +16.5% | -10.1% |
| Depreciation | 301 | 287 | 266 | 266 | 261 | 267 | 276 |
| Interest | 427 | 564 | 470 | 453 | 459 | 909 | 868 |
| Profit before tax | 603 | 103 | 291 | 34.10 | 2,311 | (559) | (1,504) |
| Tax | 140 | (9.48) | 81.06 | (193) | 63.57 | (0.65) | 0.58 |
| Net profit | 471 | 113 | 218 | 273 | 571 | (558) | (940) |
| Net profit margin | +6.6% | +1.9% | +3.7% | +4.3% | +9.6% | -15.1% | -25.9% |
| EPS (₹) | 4.77 | 1.16 | 2.16 | 2.34 | 23.14 | (8.74) | (23.56) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 971 | 971 | 971 | 971 | 971 | 639 | 639 |
| Reserves & surplus | 1,864 | 1,398 | 1,286 | 1,081 | 856 | (2,016) | (1,460) |
| Shareholders' funds (net worth) | 2,841 | 2,376 | 2,263 | 2,058 | 1,833 | (1,363) | (806) |
| Secured loans | 2,077 | 2,697 | 3,170 | 0.00 | 3,774 | 3,638 | 3,611 |
| Unsecured loans | 31.75 | 37.89 | 43.91 | 3,414 | 71.13 | 191 | 330 |
| Total debt | 2,109 | 2,735 | 3,214 | 3,414 | 3,845 | 3,829 | 3,940 |
| Total liabilities | 4,965 | 5,127 | 5,523 | 5,472 | 5,679 | 2,467 | 3,135 |
| Assets | |||||||
| Gross block | 6,046 | 5,925 | 5,664 | 5,618 | 5,561 | 5,551 | 5,533 |
| Net block | 3,204 | 3,384 | 3,316 | 3,536 | 3,744 | 3,992 | 4,241 |
| Capital work in progress | 117 | 127 | 219 | 94.06 | 94.88 | 81.62 | 82.39 |
| Investments | 2.41 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Inventories | 1,395 | 1,214 | 1,495 | 1,284 | 1,208 | 899 | 854 |
| Sundry debtors | 469 | 401 | 419 | 469 | 457 | 328 | 351 |
| Cash & bank balances | 267 | 191 | 140 | 283 | 485 | 369 | 116 |
| Loans & advances | 247 | 243 | 312 | 201 | 273 | 163 | 78.86 |
| Total current assets | 2,379 | 2,048 | 2,366 | 2,235 | 2,424 | 1,758 | 1,400 |
| Total current liabilities | 924 | 615 | 577 | 581 | 580 | 3,434 | 2,628 |
| Net working capital | 1,455 | 1,433 | 1,789 | 1,654 | 1,844 | (1,676) | (1,227) |
| Total assets | 4,965 | 5,127 | 5,523 | 5,472 | 5,679 | 2,467 | 3,135 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 156 | 89.46 | 72.01 | 182 | 291 | 10.03 | 9.80 |
| Net cash from operating activities | 1,367 | 1,388 | 681 | 739 | 860 | 448 | 313 |
| Net cash from investing activities | (113) | (236) | (177) | (56.62) | (25.93) | (16.99) | (28.60) |
| Net cash from financing activities | (1,284) | (1,086) | (486) | (792) | (943) | (150) | (284) |
| Net change in cash | (29.71) | 66.33 | 17.44 | (110) | (109) | 281 | 0.23 |
| Closing cash | 267 | 191 | 140 | 283 | 485 | 369 | 116 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +18.9% | +1.1% | -6.5% | +6.5% | +60.8% | +2.0% | - |
| EBITDA growth | +40.2% | -6.8% | +38.0% | -43.8% | +113.0% | +266.0% | - |
| PBT growth | +484.7% | -64.5% | +753.5% | -98.5% | +9998.0% | +62.8% | -238.7% |
| Net income growth | +317.8% | -48.3% | -20.0% | -52.3% | +202.3% | +40.6% | - |
| Revenue CAGR (3Y) | +4.0% | +0.2% | +17.0% | +20.4% | +12.1% | +2.1% | +13.0% |
| EBITDA CAGR (3Y) | +21.7% | -10.2% | +18.2% | - | +35.4% | +25.6% | - |
| Profitability & leverage | |||||||
| Net income margin | +6.5% | +1.9% | +3.5% | +3.6% | +37.7% | -15.1% | -41.4% |
| Return on capital employed | +19.5% | +11.4% | +12.3% | +8.2% | +22.8% | 0.0% | 0.0% |
| Return on net worth | +16.2% | +3.9% | +7.3% | +9.5% | +75.9% | 0.0% | 0.0% |
| Debt / equity | 0.93 | 1.28 | 1.53 | 1.87 | 16.31 | 0.00 | 0.00 |
| Long-term debt / equity | 0.72 | 1.18 | 0.71 | 0.89 | 11.32 | 0.00 | 0.00 |
| Interest cover | 41.99 | 86.15 | 63.31 | 97.41 | 44.17 | 264.56 | -134.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.19 | 1.04 | 1.05 | 1.13 | 1.07 | 0.67 | 0.66 |
| Inventory turnover | 5.47 | 4.43 | 4.27 | 5.09 | 5.66 | 4.23 | 4.30 |
| Debtors turnover | 16.40 | 14.64 | 13.37 | 13.70 | 15.18 | 10.92 | 8.68 |
| EPS (₹) | 4.77 | 1.16 | 2.16 | 2.34 | 23.14 | (8.74) | (23.56) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 29.20 | 24.40 | 23.24 | 21.13 | 18.82 | (21.58) | (12.87) |
To see the full year-wise statements and ratios of Jayaswal Neco Industries Limited, buy the company report.
Board of directors of Jayaswal Neco Industries Limited
Jayaswal Neco Industries has 10 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendraprasad Shriniwas Mohanka Also directs: MPM Private Limited, Bios Innovative Healthcare Solutions Private Limited, Liveract Transplant Private Limited and 1 more | Director | 27 Jul 2018 | 8 Years 2 Months | Current |
| Arvind Jayaswal Also directs: Parivar Food Industries Pvt Ltd, Nine Star Plastic Packaging Services P Ltd, Jayaswal Neco Steel and Mining Limited and 5 more | Whole-Time Director | 28 Nov 1972 | 53 Years 10 Months | Current |
| Ramesh Jayaswal | Managing Director | 05 Mar 1983 | 43 Years 7 Months | Current |
| Ashwini Kumar | Director | 14 Aug 2021 | 5 Years 2 Months | Current |
| Kumkum Rathi Also directs: Shree Radhey Marcon LLP, Kumuk Corporate Consultants LLP | Director | 21 Oct 2021 | 5 Years 0 Months | Current |
| Manoj Balkrishna Shah Also directs: Artefact Inframining LLP | Director | 21 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Jayaswal Neco Industries Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Die Casting, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jayaswal Neco Industries Limitedthis company | ₹7,131.82 Cr (FY 2026) | ₹470.81 Cr | 6.6% | 18.9% | 4,031 | Nagpur, Maharashtra, India |
| Kirloskar Ferrous Industries Ltd | ₹6,616.81 Cr (FY 2025) | 7.0% | Pune, Maharashtra, India | |||
| Jai Balaji Industries Limited | ₹6,418.46 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Asian Colour Coated Ispat Limited | ₹6,334.07 Cr (FY 2022) | 62.0% | Mumbai, Maharashtra, India | |||
| JSW Ispat Special Products Limited | ₹6,084.32 Cr (FY 2022) | 45.0% | Mumbai, Maharashtra, India | |||
| Neelachal Ispat Nigam Ltd | ₹5,780.54 Cr (FY 2025) | 4.0% | Bhubaneswar, Odisha, India | |||
| Godawari Power and Ispat Limited | ₹5,471.71 Cr (FY 2025) | -1.0% | Raipur, Chhattisgarh, India | |||
| Shri Bajrang Power and Ispat Limited | ₹5,243.25 Cr (FY 2025) | 2.0% | Raipur, Chhattisgarh, India | |||
| Rimjhim Ispat Limited | ₹5,222.68 Cr (FY 2025) | 0.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Jayaswal Neco Industries Limited, buy the company report.
Auditor
Jayaswal Neco Industries Limited is audited by CHATURVEDI & SHAH LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH LLP | FY 2023 | 101720W/W100355 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 55.20%, foreign institutional investors hold 1.30%, domestic institutional investors hold 0.80% and retail and other public shareholders hold 42.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 55.20% | 55.20% | 55.20% | 55.20% |
| Public | 44.80% | 44.80% | 44.80% | 44.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2025 | 101226964 | Others | ₹1,800 Cr | Open | |
| 01 Dec 2025 | 101195234 | Others | ₹500 Cr | Open | |
| 17 Nov 2005 | 80031674 | Industrial Development Bank of India Ltd | ₹16.53 Cr | Open | |
| 17 Nov 2005 | 90241649 | Industrial Investment Bank of India Ltd. | ₹1.42 Cr | Open | |
| 17 Nov 2005 | 90241749 | Bank of Punjab Ltd. | ₹1.5 Cr | Open |
To see the full charge records of Jayaswal Neco Industries Limited, buy the company report.
Total charge records: 192 View all charges
Deals & funding
Jayaswal Neco Industries Limited has 68 deals on record (57 market trades, 8 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5,635.78 Cr; the latest was in September 2025.
Deals on record (5 of 68)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Market trade | ₹30.67 Cr | Buyer: Ramdoot Realtors Private Limited Seller: Ramdoot Realtors Private Limited |
| Aug 2025 | Market trade | ₹38.46 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Aug 2025 | Market trade | ₹125.28 Cr | Buyer: Hrti Private Limited , Qe Securities LLP , Aakraya Research LLP Seller: Hrti Private Limited , Qe Securities LLP , Aakraya Research LLP |
| Aug 2025 | Market trade | ₹55.77 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Aug 2025 | Market trade | ₹62.43 Cr | Buyer: Hrti Private Limited , Crony Vyapar Private Limited Seller: Hrti Private Limited , Crony Vyapar Private Limited |
To see the full deal history of Jayaswal Neco Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jayaswal Neco Industries Limited has 364 court cases on record: 254 filed by Jayaswal Neco Industries, 110 filed against it. 68 cases are pending and 296 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 205 | 57 | 26 |
| District courts | 123 | 36 | 36 |
| Supreme Court | 27 | 13 | 6 |
| NCLT | 7 | 2 | 0 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 364)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APL) | Filed against the company by GR Tech Services Pvt Ltd | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Abhiruchi Vision Private Limited Through Authorised Signatory Eknath Narayan Mandavkar | Pending |
| High Court of Chhattisgarh | Arbitration matter | Filed by the company against Skill Precision Balls Pvt. Ltd. | Pending |
| High Court of Delhi | Appeal | Filed against the company by Steel Authority of India Limited | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Jena Buildcon Pvt Ltd and 2 others | Pending |
To see the full case history of Jayaswal Neco Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Jayaswal Neco Industries Limited was last rated by Icra on 17 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 May 2022 |
To see the full credit ratings and regulatory alerts of Jayaswal Neco Industries Limited, buy the company report.
MSME payment delays
Jayaswal Neco Industries Limited has 139 MSME Form 1 returns on record between 2005 and 2024, listing 10,084 overdue payments to 559 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 559)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Quality Metal Products | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Jayaswal Neco Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Jayaswal Neco Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Jayaswal Neco Industries Limited has a workforce of 4,031 employees on its EPFO records as of Apr 06, 2024, across 5 active EPFO establishments.
GST
Jayaswal Neco Industries has 31 GST registrations: 22 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ3174F1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 27AAACJ3174F2ZP | Maharashtra | Active | 21 Jul 2017 |
| 27AAACJ3174F3ZO | Maharashtra | Active | 01 Dec 2022 |
| 27AAACJ3174F1DZ | Maharashtra | Active | 06 Nov 2024 |
To see the full GST registrations and return filing status of Jayaswal Neco Industries Limited, buy the company report.
Recent activity
Jayaswal Neco Industries Limited has 64 board changes on record since 1972: 37 appointments and 27 cessations. The latest: Anand Jayaswal was appointed as Director on 01 Jan 2026.
513 earlier events are in the company report.
News
Frequently asked questions
Jayaswal Neco Industries is an active public limited company based in Nagpur, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 28 November 1972 (54+ years old) and is registered under CIN L28920MH1972PLC016154. Listed on BSE: 522285 and NSE: JAYNECOIND.
Jayaswal Neco Industries reported revenue of ₹7,131.82 Cr for FY 2025-26 (up 18.9% YoY) based on standalone financials.
Jayaswal Neco Industries has 10 current directors:
- Ramesh Jayaswal - Managing Director
- Arvind Jayaswal - Whole-Time Director
- Sangram Keshari Swain - Whole-Time Director
- Avneesh Jayaswal - Whole-Time Director
- Rajendraprasad Shriniwas Mohanka - Director
- Ashwini Kumar - Director
- Kumkum Rathi - Director
- Manoj Balkrishna Shah - Director
- Vinod Kumar Kathuria - Director
- Anand Jayaswal - Director
The latest financial statements of Jayaswal Neco Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jayaswal Neco Industries is 27AAACJ3174F1ZQ, registered in Maharashtra. The company has 31 GST registrations in all, of which 22 are active and 9 are cancelled or inactive. Other active GSTINs include 27AAACJ3174F2ZP (Maharashtra), 27AAACJ3174F3ZO (Maharashtra), 27AAACJ3174F1DZ (Maharashtra).
The CIN (Corporate Identification Number) of Jayaswal Neco Industries is L28920MH1972PLC016154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Jayaswal Neco Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 522285) and NSE (symbol: JAYNECOIND).
Jayaswal Neco Industries has 364 court cases on record: 254 filed by the company and 110 filed against it. 68 are pending. Most are in the high courts.
Jayaswal Neco Industries was incorporated on 28 November 1972, making it 54+ years old. It is registered with the Registrar of Companies, Nagpur.
Jayaswal Neco Industries has 68 deals on record (57 market trades, 8 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5,635.78 Cr; the latest was in September 2025.
The peers of Jayaswal Neco Industries by revenue are Kirloskar Ferrous Industries Ltd, Jai Balaji Industries Limited, Asian Colour Coated Ispat Limited, JSW Ispat Special Products Limited, Neelachal Ispat Nigam Ltd and 3 more, all in the Metals and Minerals industry (Die Casting, Steel), with the same principal business activity (metal and metal products).
Anand Jayaswal was appointed as Director on 01 Jan 2026. Avneesh Jayaswal was appointed as Whole-Time Director on 01 Jan 2026. Brajkishore Hargovind Agrawal ceased to be Director on 21 Sep 2024. Jayaswal Neco Industries has 64 board changes on record in total.