Jayaswal Neco Industries Limited
JNet IncomeL, incorporated in 1972, began operations with foundry uNet Incomets at Nagpur and subsequently it integrated backward by setting up a pig iron (with Current Assetsptive power) manufacturing uNet Incomet at Raipur, Chhattisgarh, in 1995. A...
Key Metrics
EPS
2.16
Current ratio
3.17
Debt/Equity
1.55
Debt/EBITDA
3.40
Interest coverage ratio
1.62
Operaing Current Assetsshflow to total debt
0.19
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Company has delivered good profit growth of 20.0% Current AssetsGR over last 5 years
Cons
Though the company is reporting repeated profits, it is not paying out dividend
Company has low interest coverage ratio.
Promoters have pledged 100% of their holding.
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About Jayaswal Neco Industries Limited bond.
This comprehensive profile covers key factual information about Jayaswal Neco Industries Limited. JNet IncomeL, incorporated in 1972, began operations with foundry uNet Incomets at Nagpur and subsequently it integrated backward by setting up a pig iron (with Current Assetsptive power) manufacturing uNet Incomet at Raipur, Chhattisgarh, in 1995. At present, JNet IncomeL operates a 0.75 Mtpa blast furnace, 0.20 Mtpa coke oven plant, 0.80 Mtpa sinter plant, 0.25 Mtpa sponge iron uNet Incomet, 1.50 Mtpa pelletisation uNet Incomet, 1.0 Mtpa steel melting shop and rolling mills, 54.5 MW Current Assetsptive power plants and has two Current Assetsptive iron ore mines in Chhattisgarh. It has got iron and steel Current Assetsstings operating Current Assetspacity of 0.075 Mtpa, with its facilities loCurrent Assetsted in Maharashtra and Chhattisgarh. JNet IncomeL is primarily engaged in the manufacturing of alloy steels – wire rods, bars, bright bars along with steel billets, pig iron/DRI, sponge iron, pellets and iron & steel Current Assetsstings. The products manufactured by the company find appliCurrent Assetstions in automotive and auto components, engineering, power, railways, and construction sectors in the domestic market. EPS in Mar-2024 was 2.16. Current ratio in Mar-2024 was 3.17. Debt/Equity in Mar-2024 was 1.55. Debt/EBITDA in Mar-2024 was 3.40. Interest coverage ratio in Mar-2024 was 1.62. Operaing Current Assetsshflow to total debt in Mar-2024 was 0.19. Total revenue for Mar-2025(E) was ₹7,277.67. Net income for Mar-2025(E) stood at ₹602.05. Total assets as of Mar-2024 were ₹6,100.49. Operating cash flow for Mar-2024 was ₹681.12. Peers and comparison entities consist of Jayaswal Neco Industries Limited, JSW Steel Limited, Tata Steel Limited, Jindal Steel And Power Limited. As of Dec 2024, promoters hold 53.02% while others hold N/A% of equity. Key strengths include: Company has delivered good profit growth of 20.0% Current AssetsGR over last 5 years ; ; . Key risks include: Though the company is reporting repeated profits, it is not paying out dividend; Company has low interest coverage ratio.; Promoters have pledged 100% of their holding.. Leadership team details include Arvind Jayaswal (The chairman and managing director of the foundry division), Ramesh Jayaswal (The joint managing director and CEO of the steel plant division), Sangram Keshari Swain (The executive director), AshwiNet Income Kumar (An independent director), Kumkum Rathi (An independent director), Kapil Shroff (The chief financial officer), Ashish Srivastava (The company secretary and compliance officer), P. K. Bhardwaj (An executive director and CFO), M. P. Singh (An executive director and COO of the steel plant division), Vikash Kumar Agarwal (The company secretary and compliance officer). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.