Jayaswal Neco Industries Limited

Manufacturer of iron and steel products for various industries, with multiple foundries and power plants.

1972 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Jayaswal Neco Industries Profile

Key Indicators

  • Authorised Capital ₹ 2,500.00 Cr
  • Paid Up Capital ₹ 971.00 Cr
  • Company Age 52 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,350.93 Cr
  • Satisfied Charges ₹ 17,277.26 Cr
  • Revenue Growth 6.71%
  • Profit Growth -89.90%
  • Ebitda -39.84%
  • Net Worth 12.24%
  • Total Assets -4.25%

About Jayaswal Neco Industries

Jayaswal Neco Industries Limited (JNIL) was founded in India on 28 November 1972 and has a glorious history of 52 years and two months. Its registered office is in Nagpur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522285 and on the National Stock Exchange(NSE) under JAYNECOIND.

The Corporate was formerly known as Nagpur Engineering Co. Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2,500.00 Cr and a paid-up capital of Rs 971.00 Cr.

The company currently has active open charges totaling ₹3,350.93 Cr. The company has closed loans amounting to ₹17,277.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jayaswal Neco Industries Limited India are Kapil Shroff as CFO and Ashish Srivastava as Company Secretary. Manoj Shah, Rajendraprasad Mohanka, Arvindkumar Jayaswal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    necoindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L28920MH1972PLC016154

  • Company No.

    016154

  • Stock Symbol

    BSE : 522285 NSE : JAYNECOIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 1972

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Metals and Minerals

What products or services does Jayaswal Neco Industries Limited offer?

Jayaswal Neco Industries Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Tube Fittings, Sewerage and Drainage Products, Manhole Covers, Die Casting & Investment Castings, Investment Castings, Wash Basins, Sanitaryware & Fittings, Plumbing Traps, Aluminum, Brass, Bronze Pipes, Iron Pipe.

Who are the key members and board of directors at Jayaswal Neco Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Ramesh Jayaswal Country flag representing In Managing Director05-Mar-1983Current
Kapil Shroff CFO25-Feb-2023Current
Ashish Srivastava Country flag representing In Company Secretary15-Apr-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Manoj Shah Country flag representing In Director 21-Oct-2021Current
Rajendraprasad Mohanka Country flag representing In Director 27-Jul-2018Current
Arvindkumar Jayaswal Country flag representing In Whole-Time Director 28-Nov-1972Current
Kumkum Rathi Country flag representing In Director 21-Oct-2021Current
Vinod Kathuria Country flag representing In Director 11-Nov-2021Current
Ashwini Kumar Country flag representing In Director 14-Aug-2021Current

Financial Performance of Jayaswal Neco Industries.

Jayaswal Neco Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.71% increase. The company also saw a substantial fall in profitability, with a 89.9% decrease in profit. The company's net worth Soared by an impressive increase of 12.24%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.71%
Revenue from Operations
6.45%
Total Assets
-4.25%
Profit or Loss
-89.90%
Net Worth
12.24%
EBITDA
-39.84%

What is the Ownership and Shareholding Structure of Jayaswal Neco Industries?

In 2022, Jayaswal Neco Industries had a promoter holding of 48.03% and a public holding of 51.97%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,350.93 Cr

Satisfied Charges

₹17,277.26 Cr

Charges Breakdown by Lending Institutions

  • Others : 3200.00 Cr
  • Global Trust Bank Ltd : 30.60 Cr
  • Idbi : 29.48 Cr
  • Industrial Development Bank Ot India : 27.00 Cr
  • Industrial Development Bank Of India Ltd : 16.53 Cr
  • Others : 47.32 Cr

Latest Charge Details

DateLenderAmountStatus
07 Dec 2023Others₹3,200.00 CrOpen
17 Nov 2005Industrial Development Bank Of India Ltd₹16.53 CrOpen
17 Nov 2005Industrial Investment Bank Of India Ltd.₹1.42 CrOpen
17 Nov 2005Bank Of Punjab Ltd.₹1.50 CrOpen
17 Nov 2005United Insia Insurance Companyltd.₹1.60 MOpen

How Many Employees Work at Jayaswal Neco Industries?

Jayaswal Neco Industries has a workforce of 4031 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jayaswal Neco Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Jayaswal Neco Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Jayaswal Neco Industries

Recent activity within the organization

  • Annual General Meeting

    Jayaswal Neco Industries Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge registered on 08 Nov 1996 via Charge ID 90186400 with Export Inport Bank Of India was fully satisfied on 12 Jul 2024.

    12 Jul 2024

  • Balance Sheet

    Jayaswal Neco Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 3,200.00 Cr registered on 07 Dec 2023 with Charge ID 100842943 was modified on 19 Dec 2023.

    19 Dec 2023

  • Charges

    A charge registered on 18 May 2022 via Charge ID 100577939 with Others was fully satisfied on 14 Dec 2023.

    14 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 3,200.00 Cr with Charge ID 100842943 was registered on 07 Dec 2023.

    07 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Jayaswal Neco Industries Limited was incorporated on 28 Nov 1972.

  • The authorized share capital of Jayaswal Neco Industries Limited is ₹ 2,500.00 Cr and paid-up capital is ₹ 971.00 Cr.

  • Currently 10 directors are associated with Jayaswal Neco Industries Limited.

    • Manoj Balkrishna Shah
    • Rajendraprasad Shriniwas Mohanka
    • Arvindkumar Jayaswal
    • Ramesh Jayaswal
    • Kumkum Rathi
    • Vinod Kumar Kathuria
    • Ashwini Kumar
    • Sangram Keshari Swain
    • Kapil Sharad Shroff
    • Ashish Srivastava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jayaswal Neco Industries Limited is F-8M I D C Industrial Area Hingna Road India, Nagpur, Maharashtra, 440016.

  • The corporate identification number (CIN) of Jayaswal Neco Industries Limited is L28920MH1972PLC016154 and the company number is 016154 as per Ministry of Corporate Affairs (MCA).

  • Yes, Jayaswal Neco Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): JAYNECOIND.

  • The Official website of Jayaswal Neco Industries Limited is https://www.necoindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jayaswal Neco Industries Limited has risen by 6.71%.

  • As Per 2023 financial reports, 4031 employees are currently employed by Jayaswal Neco Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jayaswal Neco Industries Limited has experienced an upsurge of 12.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jayaswal Neco Industries Limited amount to ₹ 3,350.93 Cr.

  • The most recent Balance Sheet for Jayaswal Neco Industries Limited was filed with the ROC on 31 Mar 2024.

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