Neueon Corporation Ltd
- Market cap
- ₹ 664 Cr.
- P/E
- 18.4x
- P/B
- 3.08x
- 52-week range
- 5.76 – 27.4
- ROE
- −44%
- ROCE
- −40%
- Dividend yield
- 0%
- Debt / equity
- 0.19
- Sector
- Electrical Equipment
- Industry
- Heavy Electrical Equipment
- Listed on
- NSE, BSE
About
Neueon Corporation Limited, formerly Neueon Towers Limited, is an India-based manufacturer of galvanized steel towers for the telecom and transmission industry. The Company has an installed capacity of 1,20,000 tons to manufacture structural steel which is primarily used to manufacture galvanized tower parts. The installed capacity to manufacture galvanized steel towers is 6,00,000 tons per annum, which caters to the requirements of towers for the telecom industry and towers for power transmission. It executes projects on a turnkey / partial turnkey basis, which includes survey, engineering and design, civil works, electrical works, equipment installation and commissioning. It also executes projects on a turnkey / partial turnkey basis which includes, survey, engineering and design, permissions, laying of duct/cable, jointing, testing and commissioning, both fiber and copper. It also supplies customized LT Switch gears, HT & LT panels, terminations, installation and commissioning.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Heavy Electrical Equipment: 51 companies →Neueon Corporation Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)18.4 against a typical 30.6: cheaper than most peers (1st = cheapest).13th of 50
- Sales growth−98.7% against a typical +23.8% from a year earlier.41st of 41
- Share price, 3 months−31.8% against a typical −8.7%.44th of 45
- Size₹ 664.4 Cr. market value against a typical ₹ 5,357.9 Cr. (1st = largest).35th of 47
Latest announcements
Exchange filings and their impact on the company.
- Sold idle Khanapur land for Rs 90.7 cr cash, a large deleveraging boost with no sales loss.
Neueon Corporation executed a sale deed on 26 Oct 2026 for part of its Unit V land at Turkala Khanapur, Sangareddy, Telangana. It sold about 36.35 acres plus 32 guntas to Aparna Enterprises Limited, a non-promoter buyer, for Rs 90.73 crore. The company said the property contributed no turnover last year and the sale had board and shareholder approvals, providing a large one-time cash inflow to support its stressed balance sheet.
- Board approved sale of idle Sangareddy plant to Aparna Enterprises with no revenue impact and price still to be disclosed.
Neueon Corporation's board on October 22, 2026 approved selling its whole undertaking at Thurkala Khanapur village in Sangareddy, Telangana to Aparna Enterprises, a non-promoter buyer. The company said the unit contributed nil revenue and net worth last year and the sale will have no adverse impact. Price and completion date were not disclosed and will be updated after the sale process.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | — | 29 Jan 2026 |
Every agency has withdrawn its rating.
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 29 Jan 2026 | Withdrawn | — | — | CARE | — | |
| 13 Jan 2026 | Reaffirmed | CARE D | — | CARE | ₹ 1,620.26 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 22 Oct 2026 | Other business matters | With regards to approval of shareholder in 18th Annual General Meeting held on 19th August 2025, to consider and to sell or otherwise dispose of the whole of the undertaking of the company situated at Thurkala Khanapur Village, Hatnoora Mandal, Sangareddy District (Erstwhile Medak District), PIN 502296 Telangana. |
| 23 Sep 2026 | Fund Raising/Other business matters | 1. To consider and recommend the raising of funds by way of issuance of equity shares or any other eligible securities through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required and the approval of shareholders of the Company through postal ballot. 2. To consider and recommend the amendments in Article of Associations. 3. To conduct Postal Ballot by way of remote e-voting facility only, to obtain approval of the shareholder of the Company.4. To consider the appointment of the scrutinizer for the postal ballot remote e-voting. |
| 31 Jul 2026 | Financial Results/Fund Raising/Other business matters | In terms of regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations (LODR), 2015, we wish to inform that the Meeting of the Board of Directors of the Company is scheduled to be held on Friday, July 31st, 2026, inter-alia, to transact the following item(s) of business:1. To consider, approve and take on record the un-audited standalone and consolidated financial Results of the Company for the quarter ended June 30th, 2026,2. To consider and take note of the limited review report of the statutory auditors of the Company for the quarter ended June 30th, 2026,3. To consider and approve the Board s Report together with annexures for the FY 2025-26,4. To consider and approve the Notice of the 19th Annual General Meeting of the Company and to fix the date, time, venue and mode of the said meeting,5. To consider the appointment of the scrutinizer for the 19th Annual General Meeting of the Company, and6. To consider and approve the proposal for fund raising by way of issue of equity shares through Rights Issue. |
| 1 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 12 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 3 Jan 2026 | Other business matters | To consider other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 4 | 4 | 1 | 6 | 0 |
| Expenses | 0 | 0 | 0 | 0 | 0 | 2 | 7 | 5 | 71 | −64 | 200 | 1 |
| Operating Profit | −0 | −0 | −0 | −0 | −0 | −2 | −1 | −0 | −67 | 66 | −193 | −1 |
| OPM % | −2,100% | −3,800% | −3,800% | −875% | — | −16,800% | −26% | −11% | −1,622.8% | 5,383.6% | −3,135.7% | −1,050% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | −58 | −13 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 24 | 24 | 24 | 23 | 24 | 24 | 42 | 22 | 22 | 17 | 0 | 0 |
| Profit before tax | −23 | −24 | −24 | −24 | −24 | −25 | −43 | −22 | −89 | −9 | −206 | −1 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −23 | −24 | −24 | −24 | −24 | −25 | −43 | −22 | −89 | −9 | −206 | −1 |
| EPS in Rs | −4.15 | −4.18 | −4.18 | −4.2 | −4.24 | −4.48 | −7.61 | −3.9 | −15.72 | −0.16 | −3.65 | −0.02 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −36%
- 5 Years
- —
- 3 Years
- —
- TTM
- 18%
- 10 Years
- −13%
- 5 Years
- —
- 3 Years
- —
- TTM
- −105%
- 10 Years
- 5%
- 5 Years
- 42%
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Peers
Listed companies in the same business.
| Neueon Corporation Ltd | ₹ 10.65 | ₹ 664 Cr. | 18.4x | 3.1x | −44% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Vemulapalli Naveen Naveen Babu
- Chief Financial Officer
- Subrat Sahoo
- Compliance Officer, General Manager, Company Secretary
- Sudheer Rayachoti
- Managing Director
- Rayachoto Suudheer
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.