StockWatch
·

JAYASWAL NECO INDUSTRIES LTD.

BSE: 522285

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
2.1K
+7.0%+28.1%
Expenditure
1.9K
+6.4%+21.2%
Net Profit
193.92
+1.6%+108.5%
OPM %
18.78%
-0.25pp-0.29pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
-292.51374.771.0K1.7K2.4KQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Jayaswal Neco Q1: standalone PAT doubles to ₹194 Cr as finance costs nearly halve

ResultsQ1 FY2717 Jul 20263 minMetals & Mining
Latest
Board Meeting17 Jul, 3:49 pm

Jayaswal Neco Q1: standalone PAT doubles to ₹194 Cr as finance costs nearly halve

Jayaswal Neco Industries reported a strong Q1 FY27 (quarter ended June 2026, standalone; the company does not prepare consolidated accounts), with net profit of ₹193.92 Cr, up 108.5% YoY from ₹93.02 Cr, on revenue of ₹2,106.56 Cr, up 27.7% YoY. The result is clean — no exceptional items on either side of the comparison — so the reported doubling is the true underlying picture rather than a base-effect artifact. The profit jump rests on two legs. Topline grew on the Steel segment, where revenue rose ~31% YoY to ₹1,992 Cr and segment PBT climbed ~41% to ₹340.85 Cr; the smaller Iron & Steel Castings segment stayed weak, with profit collapsing to ₹0.84 Cr from ₹7.75 Cr a year ago. The larger swing, though, was below the operating line: finance costs fell to ₹65.53 Cr from ₹119.38 Cr a year earlier — a ₹53.85 Cr (~45%) reduction that reflects deleveraging and flowed almost entirely to the bottom line. Net margin expanded to 9.2% from 5.6% YoY. Depreciation (₹76.85 Cr) and employee cost (₹118.53 Cr) rose broadly in line with scale. Sequentially the print is only modestly ahead — revenue +6.7% and PAT +1.6% versus Q4 FY26's ₹1,974 Cr / ₹190.87 Cr — and QoQ net margin edged down from 9.65% to 9.2%, so the story is firmly a year-on-year one. The company gives no formal guidance and no analyst consensus exists for this smallcap, so there is no external benchmark to score against. Two overhangs sit outside the numbers: the auditor's Emphasis of Matter on the ED's ₹307.58 Cr property attachment (tribunal set it aside; ED's appeal is pending in the Supreme Court), and a senior-management resignation flagged on July 9. Alongside results the board also called the 53rd AGM for September 12, 2026 and reappointed Chaturvedi & Shah as auditors for five years.

17 Jul 2026, 03:49 pm

Corporate Events

Board MeetingJAYNECOIND
2026
12Sep

Board Meeting

The 53rd Annual General Meeting ("AGM") of the Company is sc…

BSE Filing
Board MeetingJAYNECOIND
2026
17Jul

Board Meeting

The meeting of the Board of Directors is scheduled to consid…

BSE Filing
Board MeetingJAYNECOIND
2026
21May

Board Meeting

Senior Management Official of the Company will participate i…

BSE Filing
Board MeetingJAYNECOIND
2024
26Oct

Board Meeting

Inter-Alia, To Consider And Approve The Unaudited Financial …

BSE Filing
Board MeetingJAYNECOIND
2024
25Jan

Board Meeting

consider and approve the Unaudited Financial Results for the…

BSE Filing
Board MeetingJAYNECOIND
2023
14Aug

Board Meeting

consider and approve the Unaudited Financial Results of the …

BSE Filing