Neueon Corporation Ltd
NSE: NEUEON · Heavy Electrical Equipment · sector
₹11.24NSE close 2026-10-26
Key numbers
Market cap₹288 cr
Price₹11.24
52w high / low₹27 / ₹6
P/E–Sector median 27.8x
P/B1.3xSector median 5.4x
Book value₹8.6
Dividend yield–Sector median 0.19%
ROE-52.3%Sector median 18.8%
ROCE-116.3%Sector median 21.4%
OPM-2,299.7%Sector median 15.1%
Debt / equity0.19xSector median 0.09x
EV/EBITDA–Sector median 21.4x
Interest cover-41,216.3x
Current ratio4.03x
Sales growth 3y–Sector median +22.1%
Profit growth 3y–Sector median +27.5%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 43 companies in Heavy Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹42 cr (FY26): borrowings are higher by ₹41 cr.
- Operating profit covered interest -41,216.3x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 53.69 percentage points in a year, to 90.00% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 3 years (FY25).
- Net loss in 8 of the last 8 quarters.
- Debtor days went from 13,93,025 (FY24) to 3,862 (FY26).
- No dividend in the last 4 financial years.
- Price ₹11.24 on 2026-10-26: -59.0% from the 52-week high, +95.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹26.10 · low ₹5.76
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 5 | 4 | 4 | 1 | 6 | 0 |
| EBITDA | -0 | -2 | -1 | -0 | -67 | 8 | -206 | -1 |
| OPM % | – | -16,800.0% | -26.0% | -11.0% | -1,634.2% | 668.0% | -3,346.2% | -1,050.0% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | -24 | -25 | -43 | -22 | -89 | -9 | -206 | -1 |
| EPS (₹) | -4.24 | -4.48 | -7.61 | -3.91 | -15.72 | -0.16 | -36.50 | -0.02 |
| Revenue YoY | – | +12,100.0% | +15.3% | -98.7% | ||||
| Profit YoY | – | – | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY21 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 5 | 16 | 12 |
| EBITDA | -2 | -1 | -2 | -266 | -266 |
| Net profit | -65 | -94 | -91 | -326 | -305 |
| EPS (₹) | -11.43 | -16.57 | -16.05 | -5.77 | -52.40 |
| Revenue growth | – | +5,900.0% | +195.7% | +17.9% | |
| Profit growth | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +18.0% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | -1,447 | 947 | 220 |
| Borrowings | 1,310 | 53 | 42 |
| Cash & equivalents | 2 | 3 | 1 |
| Total assets | 1,260 | 1,184 | 266 |
| Fixed assets | 908 | 820 | 80 |
| Capital work in progress | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Receivables | 333 | 334 | 169 |
| Inventory | 5 | 5 | 0 |
| Payables | 10 | 15 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | -21 | -1,227 | -38 |
| Cash from investing | 21 | 5 | 589 |
| Cash from financing | 0 | 1,223 | -570 |
| Capex | 0 | 0 | 0 |
| Free cash flow | -21 | -1,227 | -38 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 6.5% | -9.6% | -148.1% |
| ROCE % | 68.7% | -9.1% | -124.4% |
| Debtor days | 13,93,025 | 22,611 | 3,862 |
| Inventory days | 20,803 | 392 | 0 |
| Payable days | 40,224 | 1,175 | 6 |
| Cash conversion cycle (days) | 13,73,604 | 21,828 | 3,856 |
| Working capital days | -85,77,857 | 19,384 | 3,189 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 90.00% |
| DIIs | 0.18% |
| Public (non-institutions) | 9.82% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Nov 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 36.31% | 36.31% | 36.31% | 93.63% | 93.63% | 93.63% | 90.00% | 90.00% |
| Promoter group | % |
|---|---|
| Neueon Consol Private Limited (Formerly Preca Structures Private Limited) | 90.00% |
| Public holders above 1% | % |
|---|---|
| Sujana Holdings Limited | 1.79% |
18,160 shareholders. Pledged: 0.00% of promoter shares.
Peers in Heavy Electrical Equipment
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| BHEL | ₹1,37,384 cr | 47.7x | 5.1x | 11.2% | 13.5% | 10.1% | +13.1% | 0.12% |
| ABB | ₹1,34,715 cr | 45.1x | 14.4x | 36.1% | 22.4% | 14.0% | – | – |
| CGPOWER | ₹1,31,237 cr | 104.9x | 16.5x | 16.5% | 21.3% | 12.5% | +30.7% | 0.16% |
| POWERINDIA | ₹1,19,751 cr | 104.0x | 23.1x | 24.5% | 29.9% | 14.9% | +22.2% | 0.02% |
| SIEMENS | ₹1,16,725 cr | 35.6x | 8.4x | 25.0% | 14.2% | 10.0% | +41.0% | 0.37% |
| ENRIN | ₹98,074 cr | 65.9x | 20.4x | 34.3% | 42.0% | 20.9% | – | 0.14% |
| GVT&D | ₹97,043 cr | 74.3x | 36.1x | 58.5% | 65.5% | 25.2% | +30.8% | 0.13% |
| SUZLON | ₹51,051 cr | 16.3x | 5.4x | 40.4% | 29.2% | 17.7% | +41.0% | – |
| THERMAX | ₹35,902 cr | 60.5x | 6.5x | 11.3% | 12.5% | 8.6% | +9.8% | 0.44% |
| NEUEON | ₹288 cr | – | 1.3x | -52.3% | -116.3% | -2,299.7% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-12-24 | Other | Annual General Meeting |
| 2021-09-27 | Other | Annual General Meeting |
| 2020-12-23 | Other | Annual General Meeting |
| 2019-12-05 | Other | Annual General Meeting |
| 2018-09-25 | Other | Annual General Meeting |
| 2017-09-26 | Other | Annual General Meeting |
| 2016-09-27 | Other | Annual General Meeting |
| 2015-09-24 | Other | Annual General Meeting |
| 2014-09-23 | Other | Annual General Meeting |
| 2013-09-24 | Other | Annual General Meeting |
| Other | Capital Reduction |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY21
- Annual report FY20
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Heavy Electrical Equipment |
| Sub-industry | Heavy Electrical Equipment |
| Symbol | NEUEON |
| BSE code | 532887 |
| ISIN | INE333I01044 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.