Jash Engineering Ltd
Jash Engineering Limited is manufacturing a wide range of equipment for Water Intake Systems, Water and Waste Water Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Power, Steel, Cement, Paper & Pulp, Petrochemicals, Chemical, Fertilizers, and other process plants. [1]
Jash offers a single-stop solution under one roof including Design, Casting, Fabrication, Assembly & Testing, and provides the most varied range of these products in the largest possible sizes.
Jash is today an industry leader in India for most of these products and also exports these products to over 45 countries worldwide.
- Market Cap ₹ 3,100 Cr.
- Current Price ₹ 490
- High / Low ₹ 573 / 321
- Stock P/E 40.3
- Book Value ₹ 75.0
- Dividend Yield 0.12 %
- ROCE 19.2 %
- ROE 15.7 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 19.7% CAGR over last 5 years
Cons
- Promoter holding has decreased over last 3 years: -7.77%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 111 | 111 | 145 | 151 | 202 | 206 | 217 | 257 | 272 | 345 | 475 | 494 | 505 | |
| 91 | 91 | 124 | 135 | 172 | 171 | 172 | 222 | 218 | 276 | 381 | 403 | 404 | |
| Operating Profit | 19 | 20 | 21 | 16 | 30 | 35 | 44 | 35 | 54 | 70 | 94 | 92 | 101 |
| OPM % | 18% | 18% | 15% | 11% | 15% | 17% | 20% | 14% | 20% | 20% | 20% | 19% | 20% |
| 1 | 2 | 2 | 3 | 3 | 8 | 3 | 8 | 9 | 7 | 9 | 15 | 15 | |
| Interest | 6 | 5 | 5 | 6 | 8 | 10 | 9 | 8 | 10 | 10 | 10 | 10 | 10 |
| Depreciation | 4 | 4 | 4 | 4 | 5 | 5 | 6 | 6 | 7 | 7 | 8 | 9 | 9 |
| Profit before tax | 11 | 13 | 14 | 9 | 21 | 28 | 32 | 28 | 47 | 60 | 85 | 87 | 98 |
| Tax % | 29% | 32% | 28% | 21% | 17% | 23% | 14% | 11% | 13% | 17% | 19% | 22% | |
| 8 | 9 | 10 | 7 | 17 | 22 | 28 | 25 | 41 | 50 | 69 | 68 | 77 | |
| EPS in Rs | 1.63 | 1.83 | 2.16 | 1.24 | 2.90 | 3.69 | 4.66 | 4.15 | 6.78 | 8.10 | 11.01 | 10.77 | 12.19 |
| Dividend Payout % | 20% | 22% | 0% | 16% | 10% | 13% | 14% | 17% | 18% | 18% | 18% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 18% |
| 3 Years: | 22% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 20% |
| 3 Years: | 19% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 18% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 17% |
| 3 Years: | 17% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 | 13 |
| Reserves | 64 | 71 | 80 | 105 | 119 | 137 | 164 | 187 | 225 | 319 | 379 | 461 |
| 38 | 43 | 43 | 47 | 62 | 77 | 71 | 83 | 80 | 77 | 67 | 80 | |
| 45 | 37 | 51 | 59 | 71 | 67 | 64 | 87 | 99 | 119 | 131 | 183 | |
| Total Liabilities | 157 | 161 | 182 | 223 | 264 | 292 | 311 | 369 | 416 | 528 | 590 | 737 |
| 51 | 48 | 50 | 55 | 56 | 65 | 64 | 79 | 77 | 87 | 87 | 123 | |
| CWIP | 0 | 0 | 1 | 1 | 12 | 7 | 13 | 1 | 2 | 1 | 5 | 22 |
| Investments | 22 | 25 | 32 | 33 | 37 | 37 | 56 | 75 | 75 | 81 | 137 | 163 |
| 84 | 87 | 100 | 133 | 159 | 183 | 179 | 214 | 262 | 359 | 361 | 430 | |
| Total Assets | 157 | 161 | 182 | 223 | 264 | 292 | 311 | 369 | 416 | 528 | 590 | 737 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 7 | 16 | -8 | 14 | 4 | 48 | 30 | 25 | 28 | 63 | 72 | |
| -16 | -6 | -8 | -12 | -17 | -3 | -32 | -31 | -7 | -57 | -37 | -67 | |
| 11 | -1 | -8 | 19 | 3 | -1 | -16 | 1 | -15 | 32 | -28 | -7 | |
| Net Cash Flow | -0 | -0 | 0 | -0 | -0 | 0 | -0 | 0 | 3 | 2 | -3 | -2 |
| Free Cash Flow | 3 | 5 | 11 | -18 | 1 | 1 | 35 | 21 | 19 | 13 | 51 | 36 |
| CFO/OP | 36% | 54% | 96% | -32% | 59% | 25% | 128% | 98% | 56% | 59% | 80% | 96% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 142 | 128 | 127 | 168 | 164 | 203 | 177 | 185 | 175 | 132 | 113 | 149 |
| Inventory Days | 207 | 261 | 185 | 222 | 187 | 193 | 207 | 157 | 279 | 313 | 243 | 248 |
| Days Payable | 174 | 149 | 177 | 223 | 190 | 139 | 135 | 150 | 153 | 123 | 80 | 113 |
| Cash Conversion Cycle | 176 | 239 | 135 | 167 | 161 | 258 | 249 | 192 | 301 | 323 | 276 | 284 |
| Working Capital Days | 27 | 53 | 37 | 71 | 42 | 79 | 93 | 62 | 88 | 97 | 90 | 119 |
| ROCE % | 17% | 15% | 15% | 10% | 16% | 18% | 18% | 14% | 19% | 19% | 22% | 19% |
Insights
In beta| Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Consolidated Order Book INR Crore |
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| Export (Outside India) - Share of Revenue % of consolidated revenue |
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| Rodney Hunt (USA) Revenue USD Million |
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| Water Control Gates - Share of Revenue % of consolidated revenue |
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| Total Turnover Potential from Existing Facilities INR Crore |
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Extracted by Screener AI
Documents
Announcements
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''Financial Results For The Period Ended 30-Jun-2026 In Machine Readable Form / Legible Copy''
- Q1 FY27 results approved on 11 Aug 2026; consolidated profit rose to Rs 508.92 lakh, Penstocks UK acquired.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Announcement under Regulation 30 (LODR)-Newspaper Publication
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of Q1FY27 earnings conference call published on company website.
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Investor Faqs
- Jash disclosed 2026-29 expansion plans: Chennai/SEZ plants, Pearland USA, Saudi Arabia facility, with ₹200 crore investment.
Annual reports
Concalls
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Aug 2026Transcript PPT REC
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Business & Market Position:[1]
Jash designs and manufactures water-control gates, screening equipment, valves, process equipment, aeration and mixing systems, hydropower equipment and desalination intake systems for municipal and industrial water infrastructure.[2]
It is a market leader in India across most core products
and is among the top five globally in water-control gates.[3]