What we do Jayaswal Neco Industries Ltd manufactures alloy steels including wire rods, bars, billets, pig iron, sponge iron, pellets, and iron & steel castings with production facilities in India. |
Founded in 1,972 |
Market share Prominent integrated steel manufacturer with strong presence in alloy steel and castings, serving diverse industrial sectors in India. |
Problem solved Provides high-quality steel products addressing infrastructure, automotive, railway, and industrial casting needs, supporting India's manufacturing sector. |
Top clients or who we serve B2B focus, serving automotive, infrastructure, railway, municipal works, and engineering industries across India. |
Key management - |
Our journey and innovations Started in 1972 with cast iron products, expanded into integrated steel production via mergers and capacity upgrades; began captive mining and technological upgradations recently. |
Where we operate Operations primarily in Chhattisgarh and Maharashtra with expanding footprint in India’s steel market. |
Top products or what we offer Steel wire rods, bars, billets, pig iron, sponge iron, pellets, and specialty iron & steel castings. |
Top brands - |
Raw materials needed Iron ore, coal, and other steelmaking inputs. |
Raw materials supplier Supplied through captive mining and third-party vendors. |
Recurring vs cyclical contribution Revenue largely cyclical aligned with steel demand cycles but backed by recurring industrial needs. |
Our industry position Medium-large steel producer with integrated facilities and diversified product mix in the Indian steel industry. |
Financial highlights FY 2024-25 revenue Rs 5,999.73 crore; profit after tax Rs 112.68 crore; focused on cost control and capacity enhancement. |
Geographical revenue split Primarily domestic Indian market. |
Order book - |
Whats driving growth Capacity expansions, technology upgrades, and captive mining supporting volume increases and operational efficiency. |
Our future plans Complete capital repairs of blast furnace, expand pellet manufacturing, and enhance captive mining output. |
Our green promise Commits to environmental sustainability through resource-efficient operations and CSR activities. |
Our people and values Emphasizes safety, inclusivity, employee welfare, and adherence to corporate governance standards. |
Key challenges ahead Industry cyclicality, steel price volatility, and raw material cost pressures. |
Interesting facts Operates one of India's 12 Lacs TPA pelletisation plants and a captive iron ore mine at Chhotedongar. |
Risks and strategy Manages financial leverage and operational risks via debt refinancing and technological modernization. |
