Jash Engineering Ltd.

Jash Engineering Ltd.

515.95
INR
+7.35
(+1.45%)
13.63EPS
37.29P/E
32.06BMarket Cap
Nov 04Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
19.11
19.95
20.24
32.87
32.2
41.35
44.66
49.69
60.06
66.11
84.3
115.99
115.68
121.34
Basic EPS, GAAP
1.31
1.29
1.23
2.11
0.06
1.3
3.4
5.16
5.42
8.65
11.07
14.03
12.12
13.61
Free Cash Flow per Basic Share
3.35
0.82
0.73
-0.54
-6.47
0.24
2.4
4.39
0.26
2.99
5.63
1.76
3.01
- -
Dividend per Share
- -
0.27
0.31
0.48
0.43
0.24
0.72
0.18
0.64
0.72
1.2
2.24
1.8
- -
Book Value per Share
11.23
11.82
12.71
14.15
17.61
18.59
21.2
26.42
31.26
39.69
58.39
69
82.52
- -
Tangible Book Value per Share
10.31
8.73
9.64
8.96
12.47
13.63
16.23
21.18
26.18
34.7
53.65
61.2
72.7
- -
Basic Weighted Avg Shares
59
59
59
48
53
59
59
59
59
60
60
63
63
63
Sales/Revenue/Turnover
1,131
1,181
1,198
1,573
1,712
2,447
2,643
2,941
3,568
3,950
5,084
7,252
7,271
7,585
Operating Margin (%)
13.78
14.21
13.75
6.45
1.93
7.43
12.37
14.94
10.83
13.99
17.55
15.83
11.76
12.31
Depreciation Expense
33
39
41
39
57
72
78
86
97
106
108
170
197
208
Net Income, GAAP
77
76
73
101
3
77
201
305
322
517
668
877
762
850
Effective Tax Rate (%)
22.1
31.23
38.93
31.89
72.48
44.27
27.56
15.62
6.94
8.48
19.77
19.39
16.18
16.62
Profit Margin (%)
6.83
6.46
6.07
6.41
0.2
3.15
7.6
10.38
9.02
13.09
13.13
12.09
10.48
11.21
Working Capital
150
148
253
199
354
220
391
745
899
1,244
2,087
2,572
3,156
- -
LT Debt
48
114
130
198
233
112
169
243
168
137
184
213
413
- -
Total Equity
665
700
752
837
1,042
1,100
1,255
1,563
1,867
2,387
3,512
4,363
5,249
- -
Return on Invested Capital (%)
8.44
7.75
6.38
7.94
0.84
4.87
11.18
16.94
14.3
18.28
19.36
18.96
12.51
- -
Return on Capital (%)
12.17
10.97
8.73
10.2
1.2
6.44
13.26
17.71
15.37
19.75
19.55
19.88
14.59
- -
Return on Common Equity (%)
12.34
11.18
10.02
12.69
0.36
7.18
17.07
21.66
18.76
24.31
22.64
22.36
16
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
614
- -
LT Borrowings
- -
258
- -
LT Finance Leases
- -
155
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
63
63
63
Market Capitalization
27,675
21,693
32,058

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
6,176
- -
Cash, Cash Equivalents & STI
- -
517
- -
Accounts Receivable, Net
- -
3,008
- -
Inventories
- -
1,949
- -
Total Current Liabilities
- -
3,020
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
614
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.9%
27.79%
20.3%
Free Cash Flow
303.29%
213.73%
71.64%
Net Income, GAAP
245.76%
22.69%
-13.13%
Sales/Revenue/Turnover
20.6%
20.73%
0.25%
Total Cash Common Dividend
- -
82.52%
-19.21%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,145
1,396
1,807
3,004
7,252
2026
1,276
1,575
1,605
2,905
7,271
2027
1,499
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.08
2.58
5.54
5.72
14.03
2026
-0.82
1.75
2.08
9.01
12.12
2027
0.81
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2.24
2026
- -
- -
- -
- -
1.8
2027
- -
- -
- -
- -
- -

Company Description

CEO
Pratik Patel
Full Time Employees
1,220
Sector
Producer manufacturing
Industry
Industrial machinery
Address
31, Sector-C Indore MP India 452015
IPO Date
Oct 11, 2017
Business
Jash Engineering Limited manufactures and supplies a wide range of equipment primarily for water and wastewater management, including water and seawater intake systems, water and wastewater pumping stations, treatment plants, desalination plants, stormwater pumping stations, and water transmission lines. Its product portfolio includes water control gates such as sluice gates (penstocks), flap gates, weir gates, stop logs, butterfly valves, and knife gate valves designed for industrial and municipal applications. The company also offers screening solutions like bar screens, mechanical rake screens, drum screens, and step screens for wastewater treatment, as well as bulk solids handling valves including diverter valves and slide gates used in industries like cement, steel, petrochemicals, and pulp and paper. Additionally, Jash provides process equipment for hydropower generation and serves sectors including power, steel, cement, petrochemicals, chemical, fertilizers, and other process plants globally. The company was founded in 1973 and is headquartered in Mumbai, India. Recent major developments include the commissioning in June 2025 of a new 75,000 sq. feet manufacturing facility in Chennai for its Shivpad Process Equipment division, expanding its capacity in municipal and industrial water process equipment. Jash Engineering is in the process of acquiring an 80% stake in WesTech Process Equipment India Private Limited, expanding its presence into the fast-growing industrial process equipment segment, including mining, metal, and paper industries where it previously had limited footprint. This acquisition complements its Shivpad division and leverages the new manufacturing facility in Chennai to improve capacity utilization. The company also acquired an 80% stake in Waterfront Fluid Controls Ltd in the UK, enhancing its export capabilities. Jash developed new high-pressure Knife Gate Valves suitable for oil sands applications and highly corrosive acidic environments. The company aims to achieve a revenue target of ₹1,000 crore by fiscal year 2027 and was recognized by Forbes Asia as one of the best 200 companies in the Asia-Pacific region under their Best Under a Billion 2025 category. Jash Engineering operates mainly in India with international operations through subsidiaries and strategic acquisitions, supplying to municipal water utilities, industrial sectors including mining, metals, paper, petrochemicals, and power generation. The company continues to advance its product offerings and manufacturing capabilities to service water treatment and process equipment markets globally while focusing on sustainable solutions and capacity expansion initiatives. This comprehensive portfolio and recent strategic expansions position Jash Engineering Limited as a significant player in water and wastewater solutions and industrial process equipment.