Buy Or Sell Opportunity • Jun 08
Now 25% undervalued Over the last 90 days, the stock has risen 22% to ₹89.00. The fair value is estimated to be ₹119, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 27%. Valuation Update With 7 Day Price Move • May 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹111, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 379% over the past three years. Reported Earnings • Apr 25
Full year 2026 earnings released: EPS: ₹4.77 (vs ₹1.16 in FY 2025) Full year 2026 results: EPS: ₹4.77 (up from ₹1.16 in FY 2025). Revenue: ₹71.4b (up 19% from FY 2025). Net income: ₹4.63b (up 311% from FY 2025). Profit margin: 6.5% (up from 1.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹98.70, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 335% over the past three years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹71.56, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 219% over the past three years. Reported Earnings • Jan 18
Third quarter 2026 earnings released: EPS: ₹0.76 (vs ₹0.79 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.76 (down from ₹0.79 in 3Q 2025). Revenue: ₹17.3b (up 4.2% from 3Q 2025). Net income: ₹740.9m (down 3.7% from 3Q 2025). Profit margin: 4.3% (down from 4.6% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. 공시 • Jan 09
Jayaswal Neco Industries Limited to Report Q3, 2026 Results on Jan 17, 2026 Jayaswal Neco Industries Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 17, 2026 Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹92.55, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 260% over the past three years. New Risk • Dec 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹78.75, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 227% over the past three years. Reported Earnings • Oct 19
Second quarter 2026 earnings released: EPS: ₹1.08 (vs ₹0.35 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹1.08 (up from ₹0.35 loss in 2Q 2025). Revenue: ₹17.8b (up 45% from 2Q 2025). Net income: ₹1.05b (up ₹1.39b from 2Q 2025). Profit margin: 5.9% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 141 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹48.95, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 107% over the past three years. Reported Earnings • Jul 19
First quarter 2026 earnings released: EPS: ₹0.96 (vs ₹0.33 loss in 1Q 2025) First quarter 2026 results: EPS: ₹0.96 (up from ₹0.33 loss in 1Q 2025). Revenue: ₹16.5b (up 15% from 1Q 2025). Net income: ₹930.2m (up ₹1.25b from 1Q 2025). Profit margin: 5.6% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. 공시 • Jul 18
Jayaswal Neco Industries Limited, Annual General Meeting, Sep 10, 2025 Jayaswal Neco Industries Limited, Annual General Meeting, Sep 10, 2025. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹48.50, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 84% over the past three years. 공시 • Jul 10
Jayaswal Neco Industries Limited to Report Q1, 2026 Results on Jul 18, 2025 Jayaswal Neco Industries Limited announced that they will report Q1, 2026 results on Jul 18, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹45.34, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹40.79, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 75% over the past three years. Reported Earnings • Apr 26
Full year 2025 earnings released: EPS: ₹1.16 (vs ₹2.16 in FY 2024) Full year 2025 results: EPS: ₹1.16 (down from ₹2.16 in FY 2024). Revenue: ₹60.1b (up 1.3% from FY 2024). Net income: ₹1.13b (down 46% from FY 2024). Profit margin: 1.9% (down from 3.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. 공시 • Apr 17
Jayaswal Neco Industries Limited to Report Q4, 2025 Results on Apr 25, 2025 Jayaswal Neco Industries Limited announced that they will report Q4, 2025 results on Apr 25, 2025 New Risk • Mar 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). 공시 • Mar 18
Jayaswal Neco Industries Limited Announces Resignation of Shri Rajkamal Srivastava as President (Material Management) Jayaswal Neco Industries Limited informed that Shri Rajkamal Srivastava, President (Material Management), Senior Management Personnel of the Company, has submitted his resignation with effect from 17 March, 2025. Resignation due to unavoidable domestic circumstances. Reported Earnings • Jan 24
Third quarter 2025 earnings released: EPS: ₹0.79 (vs ₹0.91 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.79 (down from ₹0.91 in 3Q 2024). Revenue: ₹16.6b (up 6.5% from 3Q 2024). Net income: ₹769.3m (down 13% from 3Q 2024). Profit margin: 4.6% (down from 5.7% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. 공시 • Jan 15
Jayaswal Neco Industries Limited to Report Q3, 2025 Results on Jan 23, 2025 Jayaswal Neco Industries Limited announced that they will report Q3, 2025 results on Jan 23, 2025 공시 • Nov 13
Jayaswal Neco Industries Limited Announces Resignation of Brijendra Kumar Tiwari, President (Works) Jayaswal Neco Industries Limited announced the resignation of Brijendra Kumar Tiwari, President (Works), Senior Management Personnel of the Company, with effect from 7th November, 2024. Reported Earnings • Oct 29
Second quarter 2025 earnings released: ₹0.35 loss per share (vs ₹0.94 profit in 2Q 2024) Second quarter 2025 results: ₹0.35 loss per share (down from ₹0.94 profit in 2Q 2024). Revenue: ₹12.3b (down 18% from 2Q 2024). Net loss: ₹342.1m (down 137% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. 공시 • Oct 17
Jayaswal Neco Industries Limited to Report Q2, 2025 Results on Oct 26, 2024 Jayaswal Neco Industries Limited announced that they will report Q2, 2025 results on Oct 26, 2024 공시 • Aug 16
Jayaswal Neco Industries Limited, Annual General Meeting, Sep 28, 2024 Jayaswal Neco Industries Limited, Annual General Meeting, Sep 28, 2024. Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹0.33 loss per share (vs ₹0.28 profit in 1Q 2024) First quarter 2025 results: ₹0.33 loss per share (down from ₹0.28 profit in 1Q 2024). Revenue: ₹14.4b (down 1.5% from 1Q 2024). Net loss: ₹316.8m (down 215% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. 공시 • Aug 14
Jayaswal Neco Industries Limited Appoints Sanjay Agrawal as Associate Director & Chief Marketing Officer Jayaswal Neco Industries Limited at its board meeting held on August 14, 2024, approved the appointment of Shri Sanjay Agrawal as an Associate Director & Chief Marketing Officer, designated as Senior Management Personnel of the Company w.e.f. 14 August, 2024. Shri Sanjay Agrawal, aged 60 years, has over 37 years of sales and marketing experience across all segments of the Steel Industry. He has done his B.Tech. in Metallurgy from IIT Kanpur. He has prior experience of working with M/s JSW Steel Limited as EVP & Business Head -- Long Products M/s Jindal Steel & Power Ltd. and Mis Steel Authority of India Ltd. Board Change • Aug 10
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Chairman Emeritus Basant Shaw was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 공시 • Aug 07
Jayaswal Neco Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Jayaswal Neco Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • May 01
Full year 2024 earnings released: EPS: ₹2.16 (vs ₹2.34 in FY 2023) Full year 2024 results: EPS: ₹2.16 (down from ₹2.34 in FY 2023). Revenue: ₹59.5b (down 6.2% from FY 2023). Net income: ₹2.10b (down 7.4% from FY 2023). Profit margin: 3.5% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Apr 22
Jayaswal Neco Industries Limited to Report Q4, 2024 Results on Apr 30, 2024 Jayaswal Neco Industries Limited announced that they will report Q4, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹55.05, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 311% over the past three years. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹53.45, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 454% over the past three years. Buy Or Sell Opportunity • Feb 26
Now 22% undervalued Over the last 90 days, the stock has risen 23% to ₹57.55. The fair value is estimated to be ₹73.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 12
Now 22% undervalued Over the last 90 days, the stock has risen 45% to ₹59.35. The fair value is estimated to be ₹75.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹56.70, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 980% over the past three years. Reported Earnings • Jan 27
Third quarter 2024 earnings released: EPS: ₹0.91 (vs ₹0.59 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.91 (up from ₹0.59 in 3Q 2023). Revenue: ₹15.7b (down 7.1% from 3Q 2023). Net income: ₹887.6m (up 54% from 3Q 2023). Profit margin: 5.7% (up from 3.4% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Jan 18
Jayaswal Neco Industries Limited to Report Q3, 2024 Results on Jan 25, 2024 Jayaswal Neco Industries Limited announced that they will report Q3, 2024 results on Jan 25, 2024 공시 • Dec 21
Jayaswal Neco Industries Limited Announces Board Changes Jayaswal Neco Industries Limited announced that the Extra-ordinary General Meeting of the Company was held on 21 December, 2023 announced the re-designation of Shri Arvind Jayaswal as Whole-time Director designated as 'Executive Chairman' of the Board. Approves the re-designation of Shri Ramesh Jayaswal as 'Managing Director' of the Company. To approve the appointment of Shri Sangram K. Swain as a Director of the Company. Date of appointment/cessation and term of appointment With effect from 13 November, 2023. Shri Arvind Jayaswal Re-designated w.e.f. 25 November, 2023 on the same terms and condition as approved by the Shareholders of the Company on 24 March, 2023 through postal ballot where he was re- appointed as Managing Director for a period of 3 years i.e. from 01.01.2023 upto 31.12.2025. Re-designated w.e.f. 25 November, 2023 on the same terms and condition as approved by the Shareholders of the Company on 24 March, 2023 through postal ballot where he was re- appointed as Managing Director for a period of 3 years i.e. from 01.01.2023 upto 31.12.2025. Shri Ramesh Jayaswal Re-designated w.e.f. 25 November, 2023 on the same terms and condition as approved by the Shareholders of the Company on 24 March, 2023 through postal ballot where he was re- appointed as Joint Managing Director for a period of 3 years i.e. from 01.01.2023 upto 31.12.2025. Shri Ramesh Jayaswal is associated as a Director of the Company since 1983. He is a Commerce graduate and has been associated with the Iron & Steel Business for over 34 years and looks after the implementation of new projects and other allied matters. Shri Sangram K. Swain Mr. Sangram Keshari Swain has done graduation in Engineering (Metallurgy) from Government Engineering College, Raipur in the year 1991 and has more than 30 years of experience in the Steel Industry. He started his professional career in 1992 with Bhilai Wires Limited as Quality Control Engineer. Before joining Jayaswal Neco Industries Limited (JNIL) in 1995 he also worked in Midwest Iron & Steel Ltd. In JNIL he joined as Sr. Engineer (Operation)- Blast Furnace and achieved the level of Associate Director (Works & Mines). During his association with JNIL, Steel Plant achieved higher Hot Metal Production in Blast Furnace, successful operation of Open-Cast & Underground Coal Mines. He exhibited strong Leadership Quality in making non-operative Iron Ore Mines located in politically disrupted area operative with a higher level of efficiency. 공시 • Nov 25
Jayaswal Neco Industries Limited Announces Board Changes Jayaswal Neco Industries Limited announced that at the board meeting held on November 24, 2023, the company approved the Shri. Basant Lall Shaw stepped down from the position of Chairman & Non-Executive Director of the Company with effect from 24 November, 2023 (close of business hours) and the Board noted the same. Approved the appointment of Shri. Basant Lall Shaw to the honorary position of 'Chairman Emeritus' with effect from 25" November, 2023. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹45.20, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 1,156% over the past three years. Reported Earnings • Nov 05
Second quarter 2024 earnings released: EPS: ₹0.94 (vs ₹1.45 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.94 (down from ₹1.45 in 2Q 2023). Revenue: ₹15.0b (down 9.6% from 2Q 2023). Net income: ₹916.0m (down 35% from 2Q 2023). Profit margin: 6.1% (down from 8.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has increased by 126% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Oct 28
Jayaswal Neco Industries Limited to Report Q2, 2024 Results on Nov 03, 2023 Jayaswal Neco Industries Limited announced that they will report Q2, 2024 results on Nov 03, 2023 Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹39.50, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 968% over the past three years. 공시 • Aug 15
Jayaswal Neco Industries Limited, Annual General Meeting, Sep 26, 2023 Jayaswal Neco Industries Limited, Annual General Meeting, Sep 26, 2023. Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹0.28 (vs ₹0.24 in 1Q 2023) First quarter 2024 results: EPS: ₹0.28 (up from ₹0.24 in 1Q 2023). Revenue: ₹14.7b (down 3.8% from 1Q 2023). Net income: ₹275.9m (up 19% from 1Q 2023). Profit margin: 1.9% (up from 1.5% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has increased by 111% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Aug 03
Jayaswal Neco Industries Limited to Report Q1, 2024 Results on Aug 14, 2023 Jayaswal Neco Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023 New Risk • Jul 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹26.30, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 651% over the past three years. Buying Opportunity • Jul 13
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ₹27.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable. 공시 • Jul 06
Abhiruchi Vision Private Limited Files Petition Against Jayaswal Neco Industries Limited JAYASWAL NECO INDUSTRIES LIMITED announced that In furtherance to the above referred disclosures submitted by the Company, regarding the filing of Petition by Abhiruchi Vision Private Limited (AVPL) against the Company, under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC), before the Hon'ble NCLT, Mumbai and dismissal thereof by the Hon'ble NCLT and subsequent filing of Appeal by AVPL under Section 61 of the IBC before the Hon'ble NCLAT, New Delhi, company updates that the Hon'ble NCLAT, New Delhi, by its Order dated 4" July, 2023 held that there is no merit in the Appeal filed by AVPL and hence the Appeal is dismissed. Buying Opportunity • Jun 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.3%. The fair value is estimated to be ₹28.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 24
Full year 2023 earnings released: EPS: ₹2.34 (vs ₹28.40 in FY 2022) Full year 2023 results: EPS: ₹2.34 (down from ₹28.40 in FY 2022). Revenue: ₹63.6b (up 6.8% from FY 2022). Net income: ₹2.27b (down 90% from FY 2022). Profit margin: 3.6% (down from 38% in FY 2022). Over the last 3 years on average, earnings per share has increased by 108% per year whereas the company’s share price has increased by 104% per year. Buying Opportunity • May 24
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 2.6%. The fair value is estimated to be ₹28.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.59 (vs ₹1.75 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.59 (up from ₹1.75 loss in 3Q 2022). Revenue: ₹16.9b (up 23% from 3Q 2022). Net income: ₹576.8m (up ₹2.11b from 3Q 2022). Profit margin: 3.4% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 86% per year, which means it is significantly lagging earnings growth. 공시 • Feb 04
Jayaswal Neco Industries Limited to Report Q3, 2023 Results on Feb 11, 2023 Jayaswal Neco Industries Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹1.45 (vs ₹1.77 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.45. Revenue: ₹16.6b (up 4.0% from 2Q 2022). Net income: ₹1.41b (up 25% from 2Q 2022). Profit margin: 8.5% (up from 7.1% in 2Q 2022). Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: ₹0.24 (vs ₹2.10 in 1Q 2022) First quarter 2023 results: EPS: ₹0.24 (down from ₹2.10 in 1Q 2022). Revenue: ₹15.3b (up 9.8% from 1Q 2022). Net income: ₹232.4m (down 83% from 1Q 2022). Profit margin: 1.5% (down from 9.6% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 80% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 31
Full year 2022 earnings released: EPS: ₹28.40 (vs ₹8.74 loss in FY 2021) Full year 2022 results: EPS: ₹28.40 (up from ₹8.74 loss in FY 2021). Revenue: ₹59.6b (up 61% from FY 2021). Net income: ₹22.5b (up ₹28.1b from FY 2021). Profit margin: 38% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₹24.30, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 354% over the past three years.