Comparison · NSE · data 2026-11-01
Jayaswal Neco Industries Limited vs NMDC Steel Limited
In plain words
Size: NMDC Steel Limited is about 1.3 times the market value of Jayaswal Neco Industries Limited.
Valuation (P/E): NMDC Steel Limited 131.9 vs Jayaswal Neco Industries Limited 12.3.
Return on equity: Jayaswal Neco Industries Limited 17.8% vs NMDC Steel Limited 0.4%.
Debt to equity: Jayaswal Neco Industries Limited 0.74 vs NMDC Steel Limited 0.35.
Differences in the numbers, not a recommendation of either stock.
Side by side
| JAYNECOIND | NSLNISP | |
|---|---|---|
| Price | ₹87.07 | ₹37.66 |
| Market cap | ₹8,460 cr | ₹11,043 cr |
| P/E | 12.3 | 131.9 |
| P/B | 2.6 | — |
| ROE | 17.8% | 0.4% |
| ROCE | 23.0% | 3.2% |
| Debt / equity | 0.74 | 0.35 |
| Operating margin | 15.2% | 3.5% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 4.0% | — |
| Profit growth, 3 years (yearly) | 26.9% | — |
| 1-year return | 10.9% | -15.6% |
| Revenue, last 12 months | ₹8,002 cr | ₹13,938 cr |
| Net profit, last 12 months | ₹689 cr | ₹84 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹230 cr | ₹51 cr |
| Quarter profit vs a year earlier | +118.6% | +97.6% |
| Promoter holding | 55.15% | 60.79% |
| Health check | Strong (7.8/10) | Average (4.1/10) |
Common questions
Which has a higher P/E, Jayaswal Neco Industries Limited or NMDC Steel Limited?
NMDC Steel Limited trades at the higher P/E (131.9 against 12.3). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Jayaswal Neco Industries Limited (17.8% against 0.4%).
Which carries more debt?
Jayaswal Neco Industries Limited has the higher debt-to-equity ratio (0.74 against 0.35).