Jayaswal Neco Industries Limited

NSE JAYNECOIND.NS

Jayaswal Neco Industries Limited Debt to Equity Ratio for the year ending March 31, 2024: 1.43

Jayaswal Neco Industries Limited Debt to Equity Ratio is 1.43 for the year ending March 31, 2024, a -13.85% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Jayaswal Neco Industries Limited Debt to Equity Ratio for the year ending March 31, 2023 was 1.66, a -20.89% change year over year.
  • Jayaswal Neco Industries Limited Debt to Equity Ratio for the year ending March 31, 2022 was 2.10, a 174.80% change year over year.
  • Jayaswal Neco Industries Limited Debt to Equity Ratio for the year ending March 31, 2021 was -2.80, a 42.51% change year over year.
  • Jayaswal Neco Industries Limited Debt to Equity Ratio for the year ending March 31, 2020 was -4.88, a -186.73% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NSE: JAYNECOIND.NS

Jayaswal Neco Industries Limited

CEO Mr. Ramesh Kumar Jayaswal
IPO Date July 1, 2002
Location India
Headquarters F-8, MIDC Industrial Area
Employees 4,261
Sector Materials
Industries
Description

Jayaswal Neco Industries Limited manufactures and sells steel products, and iron and steel castings in India and internationally. It operates through Steel, Iron and Steel Castings, and Other segments. The company offers pig iron, billets, rolled products, sponge iron, and pellets; and carbon, alloy, spring, leaf, free cutting, cold heading quality and ball bearing steels, and stabilizer bars and coils. It also engages in the mining activities; and provides construction castings products, including cast iron pipes and fittings, and cast iron and ductile iron manhole covers for soil, waste, ventilation, and rainwater use in building drainage systems. In addition, the company offers automotive and engineering castings products. Further, it trades in coal, coke, and PVC pipes. The company serves automotive, power, railways, bearings, structural and fasteners, heavy engineering, refineries, power plants, chemical plants and pipelines, material handling equipment manufacturers, crane manufacturers, sugar crushing mills, and other industries. Jayaswal Neco Industries Limited was founded in 1902 and is based in Nagpur, India.

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StockViz Staff

January 15, 2025

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