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 ₹ 3,406 Cr.
- Current Price ₹ 543
- High / Low ₹ 699 / 398
- Stock P/E 41.5
- Book Value ₹ 69.0
- Dividend Yield 0.15 %
- ROCE 25.0 %
- ROE 22.4 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 34.2% CAGR over last 5 years
Cons
- Stock is trading at 7.87 times its book value
- Promoter holding has decreased over last 3 years: -9.18%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
113 | 119 | 120 | 158 | 175 | 248 | 278 | 299 | 368 | 402 | 516 | 735 | 748 | |
95 | 99 | 100 | 137 | 166 | 225 | 240 | 248 | 321 | 338 | 417 | 608 | 628 | |
Operating Profit | 18 | 20 | 20 | 21 | 9 | 23 | 38 | 52 | 47 | 64 | 99 | 127 | 120 |
OPM % | 16% | 17% | 16% | 13% | 5% | 9% | 14% | 17% | 13% | 16% | 19% | 17% | 16% |
1 | 1 | 2 | 3 | 5 | 7 | 8 | 3 | 6 | 13 | 6 | 10 | 14 | |
Interest | 5 | 6 | 5 | 6 | 7 | 8 | 10 | 10 | 9 | 10 | 11 | 13 | 14 |
Depreciation | 3 | 4 | 4 | 4 | 6 | 7 | 8 | 9 | 10 | 11 | 11 | 17 | 18 |
Profit before tax | 10 | 11 | 12 | 15 | 1 | 14 | 28 | 36 | 35 | 56 | 83 | 108 | 102 |
Tax % | 22% | 31% | 39% | 32% | 72% | 44% | 28% | 16% | 7% | 8% | 20% | 19% | |
8 | 8 | 7 | 10 | 0 | 8 | 20 | 31 | 32 | 52 | 67 | 87 | 82 | |
EPS in Rs | 1.61 | 1.59 | 1.52 | 2.11 | 0.06 | 1.30 | 3.40 | 5.14 | 5.39 | 8.59 | 10.79 | 13.97 | 13.11 |
Dividend Payout % | 17% | 20% | 26% | 0% | 348% | 23% | 14% | 12% | 13% | 14% | 13% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 21% |
3 Years: | 26% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | 28% |
5 Years: | 34% |
3 Years: | 40% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 75% |
3 Years: | 56% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 22% |
3 Years: | 23% |
Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 |
Reserves | 57 | 60 | 66 | 74 | 94 | 98 | 114 | 144 | 175 | 227 | 339 | 420 |
21 | 39 | 44 | 52 | 64 | 74 | 84 | 72 | 82 | 82 | 80 | 99 | |
32 | 47 | 40 | 54 | 61 | 85 | 75 | 88 | 100 | 128 | 173 | 216 | |
Total Liabilities | 120 | 156 | 160 | 190 | 231 | 269 | 285 | 316 | 369 | 449 | 604 | 748 |
57 | 69 | 66 | 86 | 88 | 90 | 101 | 98 | 112 | 116 | 127 | 171 | |
CWIP | 1 | 0 | 0 | 1 | 1 | 12 | 6 | 12 | 1 | 4 | 6 | 20 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 11 |
62 | 87 | 93 | 103 | 141 | 166 | 177 | 207 | 257 | 329 | 465 | 546 | |
Total Assets | 120 | 156 | 160 | 190 | 231 | 269 | 285 | 316 | 369 | 449 | 604 | 748 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 7 | 6 | 21 | -8 | 18 | 18 | 35 | 14 | 34 | 58 | 55 | |
-2 | -18 | -4 | -19 | -18 | -14 | -8 | -12 | -16 | -16 | -68 | -72 | |
-20 | 11 | -1 | 0 | 25 | -4 | -9 | -22 | 2 | -13 | 32 | -2 | |
Net Cash Flow | 0 | 0 | 1 | 2 | -1 | -1 | 1 | 1 | -0 | 5 | 22 | -19 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 99 | 128 | 119 | 114 | 124 | 108 | 111 | 117 | 134 | 142 | 111 | 112 |
Inventory Days | 145 | 207 | 246 | 172 | 209 | 189 | 178 | 201 | 157 | 238 | 279 | 209 |
Days Payable | 135 | 169 | 147 | 175 | 201 | 181 | 117 | 128 | 121 | 125 | 120 | 92 |
Cash Conversion Cycle | 109 | 167 | 218 | 110 | 132 | 116 | 172 | 190 | 170 | 255 | 270 | 229 |
Working Capital Days | 33 | 20 | 139 | 25 | 58 | 15 | 28 | 64 | 63 | 83 | 76 | 76 |
ROCE % | 17% | 17% | 15% | 16% | 4% | 13% | 19% | 21% | 17% | 23% | 25% | 25% |
Documents
Announcements
- Copy Of Newspaper Publication 22h
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For The Purpose Of Final Dividend
1d - 51st AGM on 16 Sep 2025 (VC); record date 9 Sep; e-voting 12–15 Sep.
- Reg. 34 (1) Annual Report. 1d
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Business Responsibility and Sustainability Reporting (BRSR)
1d - Submitted Business Responsibility & Sustainability Report for FY2024-25; part of Annual Report; available on company website.
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Annual General Meeting To Be Held On September 16, 2025
1d - 51st AGM Sept 16, 2025; final dividend Rs1.20/share; Rs500 Crore borrowing/investment limit; MD remuneration revision.
Annual reports
Concalls
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Aug 2025Transcript PPT
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Nov 2020TranscriptNotesPPT
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Sep 2020Transcript PPT
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Jul 2020TranscriptNotesPPT
Business Profile[1]
Jash Engineering Ltd. is a leading provider of water control solutions and process equipment, catering to industries such as water and wastewater management, desalination, power, steel, cement, and petrochemicals.
Product Portfolio [2] [3]
1. Water Control Gates & Valves
- Sluice Gates (Penstocks) – Used in water treatment plants and pumping stations.
- Flap Gates – Designed for flood control and drainage applications.
- Weir Gates – Used for flow regulation in water treatment facilities.
- Stop Logs – Modular flow control barriers for temporary isolation.
- Butterfly Valves & Knife Gate Valves – Flow control solutions for industrial and municipal applications.
2. Screening Solutions for Wastewater Treatment
- Bar Screens – Used for coarse and fine screening in wastewater plants.
- Mechanical Rake Screens – Automated screening for debris removal.
- Drum Screens & Step Screens – High-efficiency filtration solutions.
3. Bulk Solids Handling Valves
- Diverter Valves & Slide Gates – Used in cement, steel, and petrochemical plants.
- Rotary & Knife Gate Valves – For handling powders and granular materials.
4. Aeration & Mixing Equipment
- Fine Bubble & Coarse Bubble Diffusers – Used in biological treatment processes.
- Mixers & Agitators – Designed for wastewater treatment and industrial mixing applications.