Integrated Filing — IndAS

General information about company
Scrip Code	522285
NSE Symbol	JAYNECOIND
MSEI Symbol	NA
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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	25-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	17-Apr-2025
Description of presentation currency	INR (in Actuals)
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	25-Apr-2025   12:30:00
End date and time of board meeting	25-Apr-2025   15:30:00
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	2025-01-23
Indicate Company website link for updated RPT policy of the Company	https://www.necoindia.com/pdf/investor/corporate-governance/1.%20Policy%20on%20Related%20Party%20Transactions%20(Last%20Updated%20on%2023.01.2025).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?	No
No. of times funds raised during the quarter
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 31.03.2025

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	16752700000	59997300000
	Other income	26600000	126300000
	Total income	16779300000	60123600000
2	Expenses
(a)	Cost of materials consumed	5763100000	21947200000
(b)	Purchases of stock-in-trade	285100000	1114000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	89400000	3028200000
(d)	Employee benefit expense	851800000	3278300000
(e)	Finance costs	1335700000	5623800000
(f)	Depreciation, depletion and amortisation expense	739600000	2867400000
(f)	Other Expenses
1	Other Expenses	6348200000	21232700000
	Total other expenses	6348200000	21232700000
	Total expenses	15412900000	59091600000
3	Total profit before exceptional items and tax	1366400000	1032000000
4	Exceptional items	0	0
5	Total profit before tax	1366400000	1032000000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	350000000	-94800000
9	Total tax expenses	350000000	-94800000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1016400000	1126800000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	1016400000	1126800000
17	Other comprehensive income net of taxes	29800000	-4000000
18	Total Comprehensive Income for the period	1046200000	1122800000
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	9709900000	9709900000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		14043600000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	1.05	1.16
	Diluted earnings (loss) per share from continuing operations	1.05	1.16
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	1.05	1.16
	Diluted earnings (loss) per share from continuing and discontinued operations	1.05	1.16
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		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).

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	33377800000
	Capital work-in-progress	1099500000
	Investment property	3900000
	Goodwill	0
	Other intangible assets	462000000
	Intangible assets under development	174500000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	123000000
	Total non-current financial assets	123000000
	Deferred tax assets (net)	771100000
	Other non-current assets	922000000
	Total non-current assets	36933800000
2	Current assets
	Inventories	12140700000
	Current financial asset
	Current investments	100000
	Trade receivables, current	4006400000
	Cash and cash equivalents	1557900000
	Bank balance other than cash and cash equivalents	348400000
	Loans, current	2700000
	Other current financial assets	30100000
	Total current financial assets	5945600000
	Current tax assets (net)	187500000
	Other current assets	2207000000
	Total current assets	20480800000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	57414600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	9709900000
	Other equity	14045800000
	Total equity attributable to owners of parent	23755700000
	Non controlling interest
	Total equity	23755700000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	24092800000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	104600000
	Total non-current financial liabilities	24197400000
	Provisions, non-current	3900000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	154500000
	Total non-current liabilities	24355800000
	Current liabilities
	Current financial liabilities
	Borrowings, current	3136200000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	278600000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2096200000
	Total Trade payable	2374800000
	Other current financial liabilities	1835400000
	Total current financial liabilities	7346400000
	Other current liabilities	741700000
	Provisions, current	1215000000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	9303100000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	33658900000
	Total equity and liabilites	57414600000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts 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	15450300000	54774100000
2	Iron and Steel Castings	1419100000	5585000000
3	Others	1000000	9200000
	Total Segment Revenue	16870400000	60368300000
	Less: Inter segment revenue	117700000	117700000
	Revenue from operations	16752700000	59997300000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Steel	2769900000	6769900000
2	Iron and Steel Castings	30000000	98600000
3	Others	800000	8100000
	Total Profit before tax	2800700000	6876600000
	i. Finance cost	1335700000	1335700000
	ii. Other Unallocable Expenditure net off Unallocable income	98600000	98600000
	Profit before tax	1366400000	1032000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Steel	51410900000	51410900000
2	Iron and Steel Castings	2787200000	2787200000
3	Others	11800000	11800000
	Total Segment Asset	54209900000	54209900000
	Un-allocable Assets	3204700000	3204700000
	Net Segment Asset	57414600000	57414600000
4	Segment Liabilities
	Segment Liabilities
1	Steel	5355200000	5355200000
2	Iron and Steel Castings	755200000	755200000
3	Others	0	0
	Total Segment Liabilities	6110400000	6110400000
	Un-allocable Liabilities	27548500000	27548500000
	Net Segment Liabilities	33658900000	33658900000
	Disclosure of notes on segments	Textual Information(2)

Text Block

Textual Information(2)

Notes to Segment Information for the Quarter and Year Ended 31st March, 2025 : n1. As per Indian Accounting Standard 108 'Operating Segments', the chief operating decision maker of the Company has identified following reportable segments of its business: na. Steel Segment is engaged in manufacture and sale of Pellets, Pig Iron, Sponge Iron, Billets, Rolled Products and includes its captive power plants at its units located at Siltara, Raipur and Mining activities in the state of Chhattisgarh and Maharashtra. nb. 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. nc. Other Segment comprises of trading of PVC pipes. n n2. The Company has operations in India. There is no identified Geographical Segment.

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
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	39800000	-5400000
	Total Amount of items that will not be reclassified to profit and loss	39800000	-5400000
2	Income tax relating to items that will not be reclassified to profit or loss	10000000	-1400000
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	29800000	-4000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1032000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			5623800000
	Adjustments for decrease (increase) in inventories			2832500000
	Adjustments for decrease (increase) in trade receivables, current			1043100000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			4200000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			624900000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			2867400000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			29400000
	Adjustments for provisions, current			14200000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-700000
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			100000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			13038900000
	Net cash flows from (used in) operations			14070900000
	Dividends received			0
	Interest paid			0
	Interest received			-109900000
	Income taxes paid (refund)			76100000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			13884900000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			2441100000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			79300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-2361800000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			4899100000
	Payments of lease liabilities			22900000
	Dividends paid			0
	Interest paid			6122800000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			185000000
	Net cash flows from (used in) financing activities			-10859800000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			663300000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			663300000
	Cash and cash equivalents cash flow statement at beginning of period			894600000
	Cash and cash equivalents cash flow statement at end of period			1557900000