Jayaswal Neco Industries Limited (JAYNECOIND) - Net Assets

Latest as of March 2026: Rs28.41 Billion INR ≈ $307.28 Million USD

Based on the latest financial reports, Jayaswal Neco Industries Limited (JAYNECOIND) has net assets worth Rs28.41 Billion INR (≈ $307.28 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs59.70 Billion ≈ $645.65 Million USD) and total liabilities (Rs31.29 Billion ≈ $338.37 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Jayaswal Neco Industries Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs28.41 Billion
% of Total Assets	47.59%
Annual Growth Rate	17.95%
5-Year Change	54.98%
10-Year Change	73.52%
Growth Volatility	75.77

Jayaswal Neco Industries Limited - Net Assets Trend (2006–2026)

This chart illustrates how Jayaswal Neco Industries Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Jayaswal Neco Industries Limited worth.

Annual Net Assets for Jayaswal Neco Industries Limited (2006–2026)

The table below shows the annual net assets of Jayaswal Neco Industries Limited from 2006 to 2026. Also explore Jayaswal Neco Industries Limited net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs28.41 Billion ≈ $307.28 Million	+19.61%
2025-03-31	Rs23.76 Billion ≈ $256.91 Million	+4.96%
2024-03-31	Rs22.63 Billion ≈ $244.77 Million	+9.98%
2023-03-31	Rs20.58 Billion ≈ $222.55 Million	+12.24%
2022-03-31	Rs18.33 Billion ≈ $198.27 Million	+234.55%
2021-03-31	Rs-13.63 Billion ≈ $-147.36 Million	-68.98%
2020-03-31	Rs-8.06 Billion ≈ $-87.21 Million	-215.23%
2019-03-31	Rs7.00 Billion ≈ $75.68 Million	-39.14%
2018-03-31	Rs11.50 Billion ≈ $124.36 Million	-29.78%
2017-03-31	Rs16.37 Billion ≈ $177.09 Million	-22.79%
2016-03-31	Rs21.21 Billion ≈ $229.35 Million	-4.23%
2015-03-31	Rs22.14 Billion ≈ $239.48 Million	+4.36%
2014-03-31	Rs21.22 Billion ≈ $229.46 Million	+17.51%
2013-03-31	Rs18.06 Billion ≈ $195.27 Million	+47.06%
2012-03-31	Rs12.28 Billion ≈ $132.78 Million	+66.11%
2011-03-31	Rs7.39 Billion ≈ $79.93 Million	+24.69%
2010-03-31	Rs5.93 Billion ≈ $64.10 Million	+0.73%
2009-03-31	Rs5.88 Billion ≈ $63.64 Million	+184.34%
2008-03-31	Rs2.07 Billion ≈ $22.38 Million	-9.09%
2007-03-31	Rs2.28 Billion ≈ $24.62 Million	+117.44%
2006-03-31	Rs1.05 Billion ≈ $11.32 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Jayaswal Neco Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs9.71 Billion	34.17%
Other Components	Rs18.70 Billion	65.83%
Total Equity	Rs28.41 Billion	100.00%

Jayaswal Neco Industries Limited Competitors by Market Cap

The table below lists competitors of Jayaswal Neco Industries Limited ranked by their market capitalization.

Company	Market Cap
Shanghai AJ Group Co Ltd SHG:600643	$930.19 Million
NH SPAC 8 KQ:218410	$930.97 Million
Eastman Kodak Co NYSE:KODK	$931.03 Million
Guangdong Senssun Weighing Apparatus Group Ltd SHE:002870	$931.55 Million
Kumho HT Inc KO:214330	$929.79 Million
Sino Medical Sciences Technology In SHG:688108	$929.62 Million
Hunan New Wellful Co Ltd SHG:600975	$928.95 Million
Svenska Handelsbanken AB (publ) ST:SHB-B	$928.67 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jayaswal Neco Industries Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 23,755,700,000 to 28,413,600,000, a change of 4,657,900,000 (19.6%).
Net income of 4,631,100,000 contributed positively to equity growth.
Other comprehensive income decreased equity by 3,016,144,000.
Other factors increased equity by 3,042,944,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs4.63 Billion	+16.3%
Other Comprehensive Income	Rs-3.02 Billion	-10.62%
Other Changes	Rs3.04 Billion	+10.71%
Total Change	Rs-	19.61%

Book Value vs Market Value Analysis

This analysis compares Jayaswal Neco Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3.03x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 9.34x to 3.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-03-31	Rs9.48	Rs88.55	x
2007-03-31	Rs20.62	Rs88.55	x
2008-03-31	Rs18.33	Rs88.55	x
2009-03-31	Rs24.86	Rs88.55	x
2010-03-31	Rs25.05	Rs88.55	x
2011-03-31	Rs29.68	Rs88.55	x
2012-03-31	Rs44.55	Rs88.55	x
2013-03-31	Rs41.67	Rs88.55	x
2014-03-31	Rs39.35	Rs88.55	x
2015-03-31	Rs35.37	Rs88.55	x
2016-03-31	Rs32.16	Rs88.55	x
2017-03-31	Rs25.64	Rs88.55	x
2018-03-31	Rs18.01	Rs88.55	x
2019-03-31	Rs10.96	Rs88.55	x
2020-03-31	Rs-12.63	Rs88.55	x
2021-03-31	Rs-21.34	Rs88.55	x
2022-03-31	Rs18.88	Rs88.55	x
2023-03-31	Rs21.19	Rs88.55	x
2024-03-31	Rs23.31	Rs88.55	x
2025-03-31	Rs24.46	Rs88.55	x
2026-03-31	Rs29.27	Rs88.55	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jayaswal Neco Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 16.30%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.49%
• Asset Turnover: 1.19x
• Equity Multiplier: 2.10x
Recent ROE (16.30%) is above the historical average (3.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	-33.08%	-3.95%	0.97x	8.65x	Rs-451.08 Million
2007	11.12%	2.04%	1.21x	4.51x	Rs25.58 Million
2008	41.65%	5.85%	1.55x	4.59x	Rs655.01 Million
2009	4.62%	1.69%	0.83x	3.28x	Rs-316.77 Million
2010	11.78%	3.91%	0.91x	3.31x	Rs105.73 Million
2011	13.28%	4.34%	0.80x	3.83x	Rs242.09 Million
2012	4.38%	2.08%	0.72x	2.94x	Rs-690.18 Million
2013	1.54%	1.09%	0.52x	2.73x	Rs-1.53 Billion
2014	2.93%	1.97%	0.48x	3.10x	Rs-1.50 Billion
2015	0.01%	0.01%	0.42x	3.26x	Rs-2.21 Billion
2016	-4.41%	-3.56%	0.37x	3.35x	Rs-3.06 Billion
2017	-28.05%	-18.25%	0.36x	4.25x	Rs-6.23 Billion
2018	-42.73%	-13.94%	0.52x	5.88x	Rs-6.06 Billion
2019	-63.43%	-10.50%	0.63x	9.60x	Rs-5.14 Billion
2020	0.00%	-41.55%	0.63x	0.00x	Rs-14.24 Billion
2021	0.00%	-15.16%	0.62x	0.00x	Rs-4.22 Billion
2022	122.58%	37.74%	0.94x	3.45x	Rs20.64 Billion
2023	11.02%	3.58%	1.05x	2.94x	Rs210.88 Million
2024	9.28%	3.54%	0.97x	2.70x	Rs-163.46 Million
2025	4.74%	1.88%	1.04x	2.42x	Rs-1.25 Billion
2026	16.30%	6.49%	1.19x	2.10x	Rs1.79 Billion

Industry Comparison

This section compares Jayaswal Neco Industries Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $5,243,687,174
Average return on equity (ROE) among peers: 9.88%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jayaswal Neco Industries Limited (JAYNECOIND)	Rs28.41 Billion	-33.08%	1.10x	$929.86 Million
Ankit Metal & Power Limited (ANKITMETAL)	$-8.83 Billion	0.00%	0.00x	$2.87 Million
APL Apollo Tubes Limited (APLAPOLLO)	$52.97 Billion	22.71%	0.67x	$6.65 Billion
Bansal Wire Industries Ltd (BANSALWIRE)	$2.23 Billion	25.69%	2.12x	$544.16 Million
Bedmutha Industries Limited (BEDMUTHA)	$-209.12 Million	0.00%	0.00x	$38.63 Million
Bharat Wire Ropes Limited (BHARATWIRE)	$1.38 Billion	0.97%	2.02x	$122.43 Million
Electrotherm (India) Limited (ELECTHERM)	$-7.81 Billion	0.00%	0.00x	$120.36 Million
Grand Foundry Limited (GFSTEELS)	$-34.32 Million	0.00%	0.00x	$10.68 Million
Goodluck India Limited (GOODLUCK)	$1.46 Billion	12.13%	2.60x	$188.95 Million
Godawari Power And Ispat limited (GPIL)	$10.27 Billion	5.63%	2.42x	$1.61 Billion
Hariom Pipe Industries Limited (HARIOMPIPE)	$1.01 Billion	31.64%	1.14x	$115.39 Million

About Jayaswal Neco Industries Limited

NSE:JAYNECOIND India Steel

Market Cap

$929.86 Million

Rs85.98 Billion INR

Market Cap Rank

#9278 Global

#455 in India

Share Price

Rs88.55

Change (1 day)

-1.09%

52-Week Range

Rs66.28 - Rs115.24

All Time High

Rs115.24