Jayaswal Neco Industries Limited — Quarter and year ended 31st March, 2026
| Office Type | Address / Contact Details |
|---|---|
| CORPORATE OFFICE | D-3/1, Central MIDC Road, Hingna MIDC Industrial Area, Nagpur-440016 (India). PHONE: 0712-2873300 |
| BRANCH OFFICES | “NECO HOUSE” D-307, Defence Colony, New Delhi – 110024 (India). PHONE: 011-32041695 FAX NO.: 011-24642190 |
| Unit No. 1804, 18th Floor, “One Lodha Place”, Senapati Bapat Marg, Lower Parel, Mumbai – 400013 (India). PHONE: 022-45164352 |
|
| TRUST HOUSE, 5th Floor, 32-A, Chittaranjan Avenue, Kolkata-700012 (India). PHONES: 033-22122368, 22120502 FAX: 033-22122560 |
| Particulars | Quarter Ended | Year Ended |
|---|---|---|
| 31.03.2026 | 31.12.2025 | |
| 1. Income | ||
| a) Revenue from Operations | 197,424 | 172,723 |
| b) Other Income | 461 | (9)# |
| Total Income | 197,885 | 172,714 |
| 2. Expenses | ||
| a) Cost of Materials Consumed | 67,436 | 63,318 |
| b) Purchase of Stock-in-Trade | 1,696 | 1,323 |
| c) Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade | 6,936 | (1,771) |
| d) Employee Benefits Expense | 9,527 | 9,404 |
| e) Finance Costs | 6,895 | 12,557 |
| f) Depreciation and Amortisation Expense | 7,479 | 7,582 |
| g) Other Expenses | 74,269 | 69,409 |
| Total Expenses | 174,238 | 161,822 |
| 3. Profit Before Exceptional Items and Tax (1-2) | 23,647 | 10,892 |
| 4. Exceptional Items (Refer Note No. 3) | – | (1,004) |
| 5. Profit Before Tax (3+4) | 23,647 | 9,888 |
| 6. Tax Expenses Including Deferred tax / (Credits) | ||
| – Deferred Tax | 4,560 | 2,479 |
| – Income Tax for Earlier years | – | – |
| 7. Profit for the period (5-6) | 19,087 | 7,409 |
| 8. Other Comprehensive Income (OCI) | ||
| (I) Item that will not be reclassified to profit or loss | ||
| (a) Remeasurement Gain / (Loss) on Defined Benefit Plans | 313 | 72 |
| (b) Tax Effect on above | (79) | (18) |
| (II) Item that will be reclassified to profit or loss | – | – |
| Total Other Comprehensive Income (Net of Tax) | 234 | 54 |
| 9. Total Comprehensive Income for the period (7+8) | 19,321 | 7,463 |
| 10. Paid-up Equity Share Capital (Face Value per share: Rs. 10/- each) | 97,099 | 97,099 |
| 11. Other Equity excluding Revaluation Reserve | ||
| 12. Earnings Per Share (of Rs. 10/- each) | ||
| a) Basic after Exceptional items | 1.97* | 0.76* |
| b) Basic before Exceptional items | 1.97* | 0.87* |
| c) Diluted after Exceptional items | 1.97* | 0.76* |
| d) Diluted before Exceptional items | 1.97* | 0.87* |
| PARTICULARS | QUARTER ENDED | YEAR ENDED | |||
|---|---|---|---|---|---|
| 31.03.2026 | 31.12.2025 | 31.03.2025 | 31.03.2026 | 31.03.2025 | |
| 1. Segment Revenue | |||||
| a) Steel | 185286 | 161470 | 154503 | 664301 | 547741 |
| b) Iron & Steel Castings | 13517 | 12019 | 14191 | 52043 | 55850 |
| c) Others | 43 | 10 | 1051 | 92 | |
| Turnover | 198803 | 173532 | 168704 | 717395 | 603683 |
| Less: Inter Segment Revenue | 1379 | 809 | 1177 | 4213 | 3710 |
| Revenue from Operations | 197424 | 172723 | 167527 | 713182 | 599973 |
| 2. Segment Results (Profit before tax) | |||||
| a) Steel | 30480 | 23937 | 27699 | 104262 | 67699 |
| b) Iron & Steel Castings | (185) | 39 | 300 | 1056 | 986 |
| c) Others | (19) | – | 8 | (5) | 81 |
| Total | 30276 | 23976 | 28007 | 105313 | 68766 |
| Less : | |||||
| i) Finance Cost | 6895 | 12557 | 13357 | 42622 | 56238 |
| ii) Other Un-allocable Expenditure | 49 | 662 | 1212 | 2132 | 2992 |
| Add: Unallocated Income | 315 | 135 | 226 | 790 | |
| Profit Before Exceptional Items and Tax | 23647 | 10892 | 13664 | 61349 | 10320 |
| Less : Exceptional Items | – | 1004 | – | 1004 | – |
| Profit Before Tax | 23647 | 9888 | 13664 | 60345 | 10320 |
| 3. Segment Assets | |||||
| a) Steel | 518508 | 508747 | 514109 | 518508 | 514109 |
| b) Iron & Steel Castings | 30400 | 29271 | 27872 | 30400 | 27872 |
| c) Others | 56 | 94 | 118 | 56 | 118 |
| d) Unallocated | 48050 | 40674 | 32047 | 48050 | 32047 |
| Total Segment Assets | 597014 | 578786 | 574146 | 597014 | 574146 |
| 4. Segment Liabilities | |||||
| a) Steel | 81233 | 72776 | 53552 | 81233 | 53552 |
| b) Iron & Steel Castings | 10048 | 8353 | 7552 | 10048 | 7552 |
| c) Others | – | – | – | – | – |
| d) Unallocated | 221597 | 232842 | 275485 | 221597 | 275485 |
| Total Segment Liabilities | 312878 | 313971 | 336589 | 312878 | 336589 |
| PARTICULARS | AS AT 31.03.2026 | AS AT 31.03.2025 |
|---|---|---|
| A. ASSETS | ||
| i. Non-Current Assets | ||
| (a) Property, Plant and Equipment | 316190 | 333778 |
| (b) Capital Work in Progress | 9387 | 10995 |
| (c) Investment Property | 38 | 39 |
| (d) Intangible Assets | 4221 | 4620 |
| (e) Intangible Assets under Development | 2305 | 1745 |
| (f) Financial Assets | ||
| (i) Investment | 192 | – |
| (ii) Other Financial Assets | 14522 | 1230 |
| (g) Non Current Tax Assets (Net) | 1434 | 1705 |
| (h) Deferred Tax Assets (Net) | 10822 | 9220 |
| (i) Other Non Current Assets | ||
| Total Non Current Assets | 359111 | 369338 |
| 2. Current Assets | ||
| (a) Inventories | 139517 | 121407 |
| (b) Financial Assets | ||
| (i) Investments | 48 | 1 |
| (ii) Trade Receivables | 46900 | 40064 |
| (iii) Cash and Cash Equivalents | 12608 | 15579 |
| (iv) Bank Balances other than (iii) above | 14130 | 3484 |
| (v) Loans | 39 | 27 |
| (vi) Other Financial Assets | 482 | 301 |
| (c) Current Tax Assets (Net) | 3540 | 1875 |
| (d) Other Current Assets | 20639 | 22070 |
| Total Current Assets | 237903 | 204808 |
| TOTAL ASSETS | 597014 | 574146 |
| B. EQUITY AND LIABILITIES | ||
| 1. EQUITY | ||
| (a) Equity Share Capital | 97099 | 97099 |
| (b) Other Equity | 187037 | 140458 |
| Total Equity | 284136 | 237557 |
| 2. LIABILITIES | ||
| Non Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 131180 | 240928 |
| (ia) Lease Liabilities | 966 | 1046 |
| (ii) Other Financial Liabilities | 9 | 39 |
| (b) Provisions | 43 | 39 |
| (c) Deferred Tax Liabilities (Net) | 8138 | |
| (d) Other Non Current Liabilities | 1453 | 1545 |
| Total Non Current Liabilities | 141789 | 243558 |
| 3. Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 78488 | 31362 |
| (ia) Lease Liabilities | 246 | 181 |
| (ii) Trade Payables | ||
| Total Outstanding due of Micro Enterprises and Small Enterprises | 4521 | 2786 |
| Total outstanding due of Creditors other than Micro Enterprises and Small Enterprises | 37903 | 20962 |
| (iii) Other Financial Liabilities | 25844 | 18173 |
| (b) Other Current Liabilities | 9984 | 7417 |
| (c) Provisions | 14103 | 12150 |
| Total Current Liabilities | 171089 | 93031 |
| TOTAL EQUITY AND LIABILITIES | 597014 | 574146 |
| PARTICULARS | Year ended 31st March, 2026 | Year ended 31st March, 2025 |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit before Tax as per the Statement of Profit and Loss | 60345 | 10320 |
| ADJUSTED FOR | ||
| Depreciation and Amortisation Expense | 30096 | 28674 |
| Exceptional Items | 1004 | – |
| Gain on Sale / Discard of Property, Plant and Equipment (Net) | (1) | – |
| Impairment provision of Capital Work-In-Progress | – | 294 |
| Loss on Financial Instruments measured at Fair Value through Profit or Loss (Net) | 0 | 1 |
| Account Written Back | (107) | – |
| Interest Income | (1051) | (1099) |
| Finance Costs | 42622 | 56238 |
| Unrealised Loss / (Gain) on Foreign Currency Transaction (Net) | 142 | (7) |
| Bad Debts / Advances written off | 12 | 42 |
| (Reversal) / Provision of Credit Impaired Trade Receivables / Advances (Net) | (10) | 117 |
| Provision for Expected Credit Loss on Trade Receivables | 69 | 25 |
| OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES | 133121 | 94605 |
| ADJUSTED FOR | ||
| Trade and Other Receivables | (6243) | 10431 |
| Inventories | (18110) | 28325 |
| Trade and Other Payables | 30303 | 6249 |
| CASH GENERATED FROM OPERATIONS BEFORE EXCEPTIONAL ITEMS | 139073 | 139610 |
| Exceptional Items | (1004) |