| Scrip Code | 522285 |
|---|---|
| NSE Symbol | JAYNECOIND |
| MSEI Symbol | NOTLISTED |
| ISIN | INE854B01010 |
| Name of company | JAYASWAL NECO INDUSTRIES LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 24-04-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 16-04-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 24-04-2026 12:30:00 |
| End date and time of board meeting | 24-04-2026 16:10:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes |
| Latest Date on which RPT policy is updated | 23-01-2025 |
| Indicate Company website link for updated RPT policy of the Company | https://www.necoindia.com/wp-content/uploads/2025/02/g.-Policy-on-Related-Party-Transactions-Last-Updated-on-23.01.2025.pdf |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| The Company is not in default on loans and debt securities as on 31.03.2026. | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 1,97,424.00 | 7,13,182.00 | |
| Other income | 461.00 | 1,313.00 | |
| Total income | 1,97,885.00 | 7,14,495.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 67,436.00 | 2,65,039.00 |
| (b) | Purchases of stock-in-trade | 1,696.00 | 6,882.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 6,936.00 | 7,013.00 |
| (d) | Employee benefit expense | 9,527.00 | 38,737.00 |
| (e) | Finance costs | 6,895.00 | 42,622.00 |
| (f) | Depreciation, depletion and amortisation expense | 7,479.00 | 30,096.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 74,269.00 | 2,62,757.00 |
| Total other expenses | 74,269.00 | 2,62,757.00 | |
| Total expenses | 1,74,238.00 | 6,53,146.00 | |
| 3 | Total profit before exceptional items and tax | 23,647.00 | 61,349.00 |
| 4 | Exceptional items | 0.00 | (1,004.00) |
| 5 | Total profit before tax | 23,647.00 | 60,345.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | 4,560.00 | 14,034.00 |
| 9 | Total tax expenses | 4,560.00 | 14,034.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 19,087.00 | 46,311.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 19,087.00 | 46,311.00 |
| 17 | Other comprehensive income net of taxes | 234.00 | 268.00 |
| 18 | Total Comprehensive Income for the period | 19,321.00 | 46,579.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 97,099.00 | 97,099.00 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 1,87,015.00 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 1.97 | 4.77 | |
| Diluted earnings (loss) per share from continuing operations | 1.97 | 4.77 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 1.97 | 4.77 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 1.97 | 4.77 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes: 1. In the earlier years, the Directorate of Enforcement (ED) by way of two separate orders had provisionally attached certain properties, plant and machinery at Dagori and Siltara for Rs. 30758 Lakhs for alleged misuse of coal of Gare Palma IV/4 coal block which got stayed by the PMLA Appellate Tribunal (AT). The Court of Special Judge, New Delhi (CBI Court), vide its order dated 19th March 2024, had discharged the Company, Mr Arvind Jayaswal and Mr Ramesh Jayaswal U/S 3 and 4 of the Prevention of Money Laundering Act 2002 (PMLA), holding that there was no offence of money laundering in the absence of any charge of cheating in securing the allocation of coal block. The Company had also filed a separate application for release of the attached properties before the CBI Court. The AT by its order dated 28th November 2024 allowed the Company’s appeals and set aside the Provisional Attachment orders. The ED had challenged the CBI Court order in the Honourable Supreme Court (SC) by filing a Special Leave Petition (SLP). While hearing the ED SLP, the SC had given oral directions to the Company not to press the application filed with CBI Court for release of the attached properties. Consequently, the Company gave an oral undertaking that it would not press for its early adjudication. 2. On 12th August, 2025 the Company had exercised Early Repayment Option Notice, for early redemption of the outstanding 320000 (Nos.) (Three Lakh Twenty Thousand) Non-Convertible Debentures (‘Earlier NCDs’). Accordingly, on 12th December 2025, the Company redeemed the Earlier NCDs aggregating to Rs. 227101 Lakhs from its internal accruals and out of the proceeds of fresh allotment of 12.50% p.a, 180000 (Nos.) (One Lakh Eighty Thousand) Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures having face value of Rs. 100000 each, aggregating to Rs. 180000 Lakhs (‘New NCDs’), on a private placement basis. The New NCDs are redeemable in 72 monthly instalments starting from 23rd December 2025. During the previous quarter, the Company had also availed Fund Based Working Capital Facilities amounting to Rs. 50000 Lakhs from a scheduled Bank which augmented the liquidity of the Company. As on 31st March, 2026 the Company has utilized the entire issue proceeds for the purpose for which it was raised. 3. Effective from 21st November 2025, the Government of India has consolidated 29 existing labour legislations into a united framework comprising four Labour Codes. On the basis of best available information, the Company had assessed one-time incremental impact of Rs. 1004 Lakhs and disclosed as exceptional items during the previous quarter. The Company continues to monitor the finalisation of Central/State Government Rules and clarifications as gets available from the Government on the other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. 4. The Company jointly holds the equity share capital of “Maa Usha Urja Private Limited”, an associate company without having any beneficiary interest in those shares. Accordingly, the company is not required to prepare the Consolidated Financial Statements. 5.The figures for the corresponding previous period have been rearranged/regrouped wherever necessary, to make them comparable. The figures for the quarter ended 31st March 2026 and 31st March 2025 are the balancing figures between the audited figures of the full financial year and the limited reviewed year to date figures up to the third quarter of the respective financial year. 6.The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 24th April 2026. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| Date of start of reporting period | 01-04-2025 | |
| Date of end of reporting period | 31-03-2026 | |
| Whether results are audited or unaudited | Audited | |
| Nature of report standalone or consolidated | Standalone | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 3,16,190.00 | |
| Capital work-in-progress | 9,387.00 | |
| Investment property | 38.00 | |
| Goodwill | 0.00 | |
| Other intangible assets | 4,221.00 | |
| Intangible assets under development | 2,305.00 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 0.00 | |
| Non-current financial assets | ||
| Non-current investments | 192.00 | |
| Trade receivables, non-current | 0.00 | |
| Loans, non-current | 0.00 | |
| Other non-current financial assets | ||
| 1 | Other non-current financial assets | 26,778.00 |
| Total of other non-current financial assets | 26,778.00 | |
| Total non-current financial assets | 26,970.00 | |
| Deferred tax assets (net) | ||
| Other non-current assets | ||
| Total of other non-current assets | ||
| Total non-current assets | 3,59,111.00 | |
| 2 | Current assets | |
| Inventories | 1,39,517.00 | |
| Current financial asset | ||
| Current investments | 48.00 | |
| Trade receivables, current | 46,900.00 | |
| Cash and cash equivalents | 12,608.00 | |
| Bank balance other than cash and cash equivalents | 14,130.00 | |
| Loans, current | 39.00 | |
| Other current financial assets | ||
| Total of other current financial assets | 482.00 | |
| Total current financial assets | 74,207.00 | |
| Current tax assets (net) | 3,540.00 | |
| Other current assets | ||
| 1 | Other current assets | 20,639.00 |
| Total of other current assets | 20,639.00 | |
| Total current assets | 2,37,903.00 | |
| 3 | Non-current assets classified as held for sale | |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | |
| Total assets | 5,97,014.00 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 97,099.00 | |
| Other equity | 1,87,037.00 | |
| Total equity attributable to owners of parent | 2,84,136.00 | |
| Non controlling interest | ||
| Total equity | 2,84,136.00 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 1,31,180.00 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | |
| Total Trade payable | 0.00 | |
| Other non-current financial liabilities | ||
| 1 | Other non-current financial liabilities | 975.00 |
| Total of other non-current financial liabilities | 975.00 | |
| Total non-current financial liabilities | 1,32,155.00 | |
| Provisions, non-current | 43.00 | |
| Deferred tax liabilities (net) | 8,138.00 | |
| Deferred government grants, Non-current | 0.00 | |
| Other non-current liabilities | ||
| 1 | Other non-current liabilities | 1,453.00 |
| Total of other non-current liabilities | 1,453.00 | |
| Total non-current liabilities | 1,41,789.00 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 78,488.00 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 4,521.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 37,903.00 | |
| Total Trade payable | 42,424.00 | |
| Other current financial liabilities | ||
| 1 | Other current financial liabilities | 26,090.00 |
| Total of other current financial liabilities | 26,090.00 | |
| Total current financial liabilities | 1,47,002.00 | |
| Other current liabilities | 9,984.00 | |
| 1 | Other current liabilities | 9,984.00 |
| Total of other current liabilities | 9,984.00 | |
| Provisions, current | 14,103.00 | |
| Current tax liabilities (Net) | 0.00 | |
| Deferred government grants, Current | 0.00 | |
| Total current liabilities | 1,71,089.00 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0.00 |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 |
| Total liabilities | 3,12,878.00 | |
| Total equity and liabilites | 5,97,014.00 | |
| Disclosure of notes on assets and liabilities | ||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | |||||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Steel | 1,85,286.00 | 6,64,301.00 | ||||
| 2 | Iron and Steel Castings | 13,517.00 | 52,043.00 | ||||
| 3 | Others | 0.00 | 1,051.00 | ||||
| Total Segment Revenue | 1,98,803.00 | 7,17,395.00 | |||||
| Less: Inter segment revenue | 1,379.00 | 4,213.00 | |||||
| Revenue from operations | 1,97,424.00 | 7,13,182.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Steel | 30,480.00 | 1,04,262.00 | ||||
| 2 | Iron and Steel Castings | (185.00) | 1,056.00 | ||||
| 3 | Others | (19.00) | (5.00) | ||||
| Total Profit before tax | 30,276.00 | 1,05,313.00 | |||||
| i. Finance cost | 6,895.00 | 42,622.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (266.00) | 1,342.00 | |||||
| Profit before tax | 23,647.00 | 61,349.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Steel | 5,18,508.00 | 5,18,508.00 | ||||
| 2 | Iron and Steel Castings | 30,400.00 | 30,400.00 | ||||
| 3 | Others | 56.00 | 56.00 | ||||
| Total Segment Asset | 5,48,964.00 | 5,48,964.00 | |||||
| Un-allocable Assets | 48,050.00 | 48,050.00 | |||||
| Net Segment Asset | 5,97,014.00 | 5,97,014.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Steel | 81,233.00 | 81,233.00 | ||||
| 2 | Iron and Steel Castings | 10,048.00 | 10,048.00 | ||||
| 3 | Others | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 91,281.00 | 91,281.00 | |||||
| Un-allocable Liabilities | 2,21,597.00 | 2,21,597.00 | |||||
| Net Segment Liabilities | 3,12,878.00 | 3,12,878.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | Notes to Segment Information for the Quarter and Year Ended 31st March, 2026 : 1. As per Indian Accounting Standard 108 'Operating Segments', the chief operating decision maker of the Company has identified following reportable segments of its business: a. Steel Segment is engaged in manufacture and sale of Pellets, Pig Iron, Sponge Iron, Billets, Rolled Products and includes its captive powerplants at its units located at Siltara, Raipur and Mining activities in the state of Chhattisgarh and Maharashtra. b. Iron and Steel Castings Segment is engaged in manufacture and sale of Engineering, Construction and Automotive Castings with production facilities at Nagpur in Maharashtra and Anjora in Chhattisgarh. c. Other Segment comprises of trading of Coal & PVC pipes. d. Unallocated comprises of income, expenses, assets and liabilities which can not be directly identified to any of the above segments. 2. The Company has operations in India. There is no identified Geographical Segment. |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement Gain / (Loss) on Defined Benefit Plans | 313.00 | 358.00 |
| Total Amount of items that will not be reclassified to profit and loss | 313.00 | 358.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 79.00 | 90.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | 234.00 | 268.00 |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 31-03-2026 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Standalone | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 60,345.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 42,622.00 | |||||
| Adjustments for decrease (increase) in inventories | (18,110.00) | |||||
| Adjustments for decrease (increase) in trade receivables, current | (6,241.00) | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | 0.00 | |||||
| Adjustments for decrease (increase) in other non-current assets | (1.00) | |||||
| Adjustments for other financial assets, non-current | 0.00 | |||||
| Adjustments for other financial assets, current | 0.00 | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | 30,303.00 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 0.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 30,096.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | 59.00 | |||||
| Adjustments for provisions, non-current | 0.00 | |||||
| Adjustments for other financial liabilities, current | 0.00 | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | 142.00 | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 0.00 | |||||
| Adjustments for share-based payments | 0.00 | |||||
| Adjustments for fair value losses (gains) | 0.00 | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |||||
| Other adjustments to reconcile profit (loss) | (95.00) | |||||
| Other adjustments for non-cash items | 0.00 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 78,775.00 | |||||
| Net cash flows from (used in) operations | 1,39,120.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | (1,051.00) | |||||
| Income taxes paid (refund) | 1,325.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 1,36,744.00 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 13.00 | |||||
| Purchase of property, plant and equipment | 11,615.00 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 240.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 556.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) investing activities | (11,286.00) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 0.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 1,80,000.00 | |||||
| Proceeds from borrowings | 47,929.00 | |||||
| Repayments of borrowings | 2,88,977.00 | |||||
| Payments of lease liabilities | 150.00 | |||||
| Dividends paid | 0.00 | |||||
| Interest paid | 43,294.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (23,937.00) | |||||
| Net cash flows from (used in) financing activities | (1,28,429.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (2,971.00) | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |||||
| Net increase (decrease) in cash and cash equivalents | (2,971.00) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 15,579.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 12,608.00 | |||||
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Chaturvedi & Shah LLP | Yes | 30-06-2026 | ||
|---|---|---|---|---|---|
| Mode of Fund Raising | Others |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 12-12-2025 |
| Amount Raised | 1,80,000.00 |
| Report filed for Quarter ended | 31-03-2026 |
| Monitoring Agency | Not Applicable |
| Monitoring Agency Name, if applicable | |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | false |
| Comments of the Audit Committee after review | Nil |
| Comments of the auditors, if any | Nil |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | The subscription proceeds of the NCDs shall be utilised for (a) repayment of the current outstanding debts (Non-Convertible Debentures); (b) payment of costs, fees and expenses incurred in connection with the issue of the NCDs and (c) for other corporate purposes | Not Applicable | 1,80,000.00 | 0.00 | 1,80,000.00 | 0.00 | No deviation. The funds raised for INR 1800 Crores have been used for:- (i) INR 1771,01,39,227.00 towards repayment of current outstanding amounts payable towards NCDs, (ii) Payment of Finance Costs related to NCDs INR 23,34,58,637.48, (iii) Payment of Legal Costs related to NCDs INR 3,89,72,846.00, (iv) Payment of Administrative Expenses, Certification Costs, Statutory Payments & Logistics Costs related to NCDs INR 45,15,832.00 (v) Other Corporate Purpose & retaining minimum balance in the designated account INR 1,29,13,457.52. |
| Name of signatory | Kapil Shroff |
| Designation of person | Chief Financial Officer |
| Place | Nagpur |
| Date | 24-04-2026 |
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity/subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | Jayaswal Neco Industries Limited | Maa Usha Urja Private Limited | Associate Company | Any other transaction | NCD | Nil | 0.00 | (2,808.77) | (2,808.77) | ||||||||||||||||
| 2 | Jayaswal Neco Industries Limited | The Jayaswal Basant Lal Shaw family trust | Other Related Party | Any other transaction | Security Deposit | 27.95 | Nil | 2.80 | 27.95 | 30.75 | |||||||||||||||
| 3 | Jayaswal Neco Industries Limited | Mrs. Nisha Jayaswal | Relative of Key Management Personnel | Any other transaction | Security Deposit | 27.34 | Nil | 0.00 | 27.34 | 27.34 | |||||||||||||||
| 4 | Jayaswal Neco Industries Limited | Mrs. Rita Jayaswal | Relative of Key Management Personnel | Any other transaction | Security Deposit | 27.34 | Nil | 0.00 | 27.34 | 27.34 | |||||||||||||||
| 5 | Jayaswal Neco Industries Limited | Shri Arvind Jayaswal | Key Management Personnel | Any other transaction | Rent/ Lease Rent | Nil | 0.00 | (0.64) | 0.00 | ||||||||||||||||
| 6 | Jayaswal Neco Industries Limited | Shri Ramesh Jayaswal | Key Management Personnel | Any other transaction | Rent/ Lease Rent | Nil | 0.00 | (0.64) | 0.00 | ||||||||||||||||
| 7 | Jayaswal Neco Industries Limited | Neco Heavy Engineering and Castings Private Limited | Other Related Party | Purchase of goods or services | 4,500.00 | Nil | 1,286.67 | 44.52 | (151.09) | Textual Information(1) | |||||||||||||||
| 8 | Jayaswal Neco Industries Limited | Neco Heavy Engineering and Castings Private Limited | Other Related Party | Purchase of goods or services | 4,500.00 | Nil | 5.46 | 0.00 | 0.00 | Textual Information(2) | |||||||||||||||
| 9 | Jayaswal Neco Industries Limited | Neco Heavy Engineering and Castings Private Limited | Other Related Party | Sale of goods or services | 3,300.00 | Nil | 584.78 | 0.00 | 0.00 | Textual Information(3) | |||||||||||||||
| 10 | Jayaswal Neco Industries Limited | Neco Heavy Engineering and Castings Private Limited | Other Related Party | Any other transaction | Machining Charges | 4,500.00 | Nil | 4.29 | 0.00 | 0.00 | Textual Information(4) | ||||||||||||||
| 11 | Jayaswal Neco Industries Limited | Neco Mining Company Private Limited | Other Related Party | Any other transaction | Mining Contract | 30,000.00 | Nil | 16,350.28 | 0.00 | (1,928.38) | Textual Information(5) | ||||||||||||||
| 12 | Jayaswal Neco Industries Limited | Neco Mining Company Private Limited | Other Related Party | Any other transaction | Reimbursement of Exp.to the company | Nil | 5.85 | 0.00 | 0.00 | Textual Information(6) | |||||||||||||||
| 13 | Jayaswal Neco Industries Limited | Maa Usha Urja Private Limited | Associate Company | Any other transaction | Rent/Lease Rent | 321.00 | Nil | 321.00 | (76.66) | (76.96) | Textual Information(7) | ||||||||||||||
| 14 | Jayaswal Neco Industries Limited | Maa Usha Urja Private Limited | Associate Company | Any other transaction | Power & Fuel | 200.00 | Nil | 85.36 | 0.00 | 0.00 | Textual Information(8) | ||||||||||||||
| 15 | Jayaswal Neco Industries Limited | The Jayaswal Basant Lal Shaw family trust | Other Related Party | Any other transaction | Rent/Lease Rent | 59.42 | Nil | 59.42 | 0.00 | 0.00 | |||||||||||||||
| 16 | Jayaswal Neco Industries Limited | Mrs. Rita Jayaswal | Relative of Key Management Personnel | Any other transaction | Rent/Lease Rent | 28.70 | Nil | 28.70 | 0.00 | 0.00 | |||||||||||||||
| 17 | Jayaswal Neco Industries Limited | Mrs. Nisha Jayaswal | Relative of Key Management Personnel | Any other transaction | Rent/Lease Rent | 28.70 | Nil | 28.70 | 0.00 | 0.00 | |||||||||||||||
| 18 | Jayaswal Neco Industries Limited | NSSL Private Limited | Other Related Party | Purchase of goods or services | 23,500.00 | Nil | 1,830.99 | (17.97) | (67.76) | Textual Information(9) | |||||||||||||||
| 19 | Jayaswal Neco Industries Limited | NSSL Private Limited | Other Related Party | Sale of goods or services | 21,000.00 | Nil | 1,461.60 | 0.00 | 0.00 | Textual Information(10) | |||||||||||||||
| 20 | Jayaswal Neco Industries Limited | NSSL Private Limited | Other Related Party | Any other transaction | Machining Charges | 23,500.00 | Nil | 19.88 | 0.00 | 0.00 | Textual Information(11) | ||||||||||||||
| 21 | Jayaswal Neco Industries Limited | NSSL Private Limited | Other Related Party | Purchase of goods or services | 23,500.00 | Nil | 16.08 | 0.00 | 0.00 | Textual Information(12) | |||||||||||||||
| 22 | Jayaswal Neco Industries Limited | Neco Defence Systems Private Limited | Other Related Party | Any other transaction | Other transaction | Nil | 5.34 | (0.70) | 1.34 | Textual Information(13) | |||||||||||||||
| 23 | Jayaswal Neco Industries Limited | Neco Defence Systems Private Limited | Other Related Party | Purchase of goods or services | 2,580.00 | Nil | 1.76 | 0.00 | 0.00 | Textual Information(14) | |||||||||||||||
| 24 | Jayaswal Neco Industries Limited | Shri Avneesh Jayaswal | Key Management Personnel | Any other transaction | Employee Benefit expense (Training Expense) | 0.00 | Nil | 46.20 | 0.00 | 0.00 | |||||||||||||||
| 25 | Jayaswal Neco Industries Limited | Shri Avneesh Jayaswal | Key Management Personnel | Remuneration | Nil | 77.55 | 0.00 | 0.00 | |||||||||||||||||
| 26 | Jayaswal Neco Industries Limited | Shri Arvind Jayaswal | Key Management Personnel | Remuneration | Nil | 174.06 | (4.26) | (4.10) | |||||||||||||||||
| 27 | Jayaswal Neco Industries Limited | Shri Ramesh Jayaswal | Key Management Personnel | Remuneration | Nil | 174.06 | (4.26) | (4.10) | |||||||||||||||||
| 28 | Jayaswal Neco Industries Limited | Neco Ceramics Limited | Other Related Party | Purchase of goods or services | 225.00 | Nil | 12.04 | 0.00 | (18.13) | Textual Information(15) | |||||||||||||||
| 29 | Jayaswal Neco Industries Limited | Neco Ceramics Limited | Other Related Party | Any other transaction | Other transaction | Nil | 11.60 | 0.00 | 0.00 | Textual Information(16) | |||||||||||||||
| Total value of transaction during the reporting period | 22,594.47 | ||||||||||||||||||||||||
| Textual Information(1) | 1. Note for the Value of RPT as approved by Audit Committee at column no. K. The amount is combined for Sr. No. 7, 8 & 10. The limit of Rs. 4500 Lakhs is total aggregate limit for transactions specified in Sr. No. 7, 8 & 10. 2. Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 7, 8, 9 & 10 and shown in row no. 7 only. |
| Textual Information(2) | 1. Note for the Value of RPT as approved by Audit Committee at column no. K. The amount is combined for Sr. No. 7, 8 & 10. The limit of Rs. 4500 Lakhs is total aggregate limit for transactions specified in Sr. No. 7, 8 & 10. 2. Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 7, 8, 9 & 10 and shown in row no. 7 only. |
| Textual Information(3) | 1. Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 7, 8, 9 & 10 and shown in row no. 7 only. |
| Textual Information(4) | 1. Note for the Value of RPT as approved by Audit Committee at column no. K. The amount is combined for Sr. No. 7, 8 & 10. The limit of Rs. 4500 Lakhs is total aggregate limit for transactions specified in Sr. No. 7, 8 & 10. 2. Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 7, 8, 9 & 10 and shown in row no. 7 only. |
| Textual Information(5) | Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 11 & 12 and shown in row no. 11 only. |
| Textual Information(6) | Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 11 & 12 and shown in row no. 11 only. |
| Textual Information(7) | Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 13 & 14 and shown in row no. 13 only. |
| Textual Information(8) | Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 13 & 14 and shown in row no. 13 only. |
| Textual Information(9) | 1. Note for the Value of RPT as approved by Audit Committee at column no. K. The amount is combined for Sr. No. 18, 20 & 21. The limit of Rs. 23500 Lakhs is total aggregate limit for transactions specified in Sr. No. 18, 20 & 21. 2. Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 18, 19, 20 & 21 and shown in row no. 18 only. |
| Textual Information(10) | Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 18, 19, 20 & 21 and shown in row no. 18 only. |
| Textual Information(11) | 1. Note for the Value of RPT as approved by Audit Committee at column no. K. The amount is combined for Sr. No. 18, 20 & 21. The limit of Rs. 23500 Lakhs is total aggregate limit for transactions specified in Sr. No. 18, 20 & 21. 2. Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 18, 19, 20 & 21 and shown in row no. 18 only. |
| Textual Information(12) | 1. Note for the Value of RPT as approved by Audit Committee at column no. K. The amount is combined for Sr. No. 18, 20 & 21. The limit of Rs. 23500 Lakhs is total aggregate limit for transactions specified in Sr. No. 18, 20 & 21. 2. Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 18, 19, 20 & 21 and shown in row no. 18 only. |
| Textual Information(13) | Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 22 & 23 and shown in row no. 22 only. |
| Textual Information(14) | Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 22 & 23 and shown in row no. 22 only. |
| Textual Information(15) | Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 28 & 29 and shown in row no. 28 only. |
| Textual Information(16) | Note for the opening and closing balance at column no. P & Q. The amount is combined for Sr. No. 28 & 29 and shown in row no. 28 only. |