Jasch Gauging holds Rs 91.8504 crore cash against Rs 25.35 lakh debt

Jasch Gauging Technologies Limited reported Rs 91.8504 crore in cash and bank balances as at September 30, 2026, against total borrowings of Rs 25.35 lakh. The unaudited standalone half-year balance sheet showed cash and bank balances rose by Rs 4.3233 crore from March 31, 2026, despite Rs 4.5319 crore of dividend payments during the period.

How much cash did Jasch Gauging hold at September 30, 2026?

Jasch Gauging held Rs 91.8504 crore in cash and bank balances at September 30, 2026. The balance comprised Rs 10.9526 crore of cash and cash equivalents and Rs 80.8978 crore of bank balances other than cash equivalents. These two current-asset categories represented the company’s reported cash and bank position within total assets of Rs 116.9934 crore.

The larger component was bank balances other than cash equivalents, at Rs 80.8978 crore, compared with Rs 10.9526 crore in cash and cash equivalents. The September 30, 2026 filing does not disclose the maturity profile, restrictions, or individual composition of the other-bank-balances category. It therefore establishes the reported aggregate balance but does not specify how much of that category was immediately deployable.

Jasch Gauging’s cash and bank balances increased by Rs 4.3233 crore from Rs 87.5271 crore at March 31, 2026. Cash and cash equivalents rose by Rs 1.5702 crore, while other bank balances increased by Rs 2.7531 crore. Both dates are standalone balance-sheet reporting dates, with September 30, 2026 representing the half-year position and March 31, 2026 the preceding year-end position.

How much did Jasch Gauging borrow and were there defaults?

Jasch Gauging reported Rs 25.35 lakh of borrowings at September 30, 2026, split between Rs 22.66 lakh of non-current borrowings and Rs 2.69 lakh of current borrowings. This was Rs 2.57 lakh lower than the Rs 27.92 lakh reported at March 31, 2026, when non-current borrowings were Rs 22.66 lakh and current borrowings were Rs 5.26 lakh.

Jasch Gauging’s separate disclosure on outstanding defaults recorded Rs 25.35 lakh outstanding under loans or revolving facilities from banks or financial institutions and Rs 0 of defaults. The amount agrees with the balance sheet’s combined current and non-current borrowing lines. In the same disclosure, the line for total financial indebtedness, including short-term and long-term debt, was shown as Rs 0, despite the separately stated outstanding loan amount.

The cash-flow statement recorded a Rs 2.58 lakh net repayment of long-term borrowings in the six months ended September 30, 2026. It showed no proceeds from either long-term or short-term borrowings during the half year. Finance cost in the financial-results statement was Rs 5.56 lakh for the half year, compared with Rs 9.23 lakh for the year ended March 31, 2026.

What changed in Jasch Gauging’s working capital and equity?

Jasch Gauging’s trade receivables rose to Rs 7.3176 crore at September 30, 2026 from Rs 5.3805 crore at March 31, 2026, an increase of Rs 1.9371 crore. The cash-flow statement reported the receivables movement as a Rs 1.9371 crore use of cash in operating activities. Inventories moved in the opposite direction, falling by Rs 1.0956 crore to Rs 6.8426 crore from Rs 7.9382 crore.

Other current assets increased to Rs 1.9154 crore at September 30, 2026 from Rs 1.6461 crore at March 31, 2026. Trade payables to micro and small enterprises increased to Rs 24.33 lakh from Rs 23.09 lakh, while payables to creditors other than micro and small enterprises rose to Rs 1.1836 crore from Rs 1.1011 crore. The operating cash-flow reconciliation also showed a Rs 79.22 lakh increase in other financial liabilities, other liabilities and provisions.

Jasch Gauging’s other equity increased by Rs 3.7088 crore to Rs 98.4017 crore at September 30, 2026 from Rs 94.6929 crore at March 31, 2026. Paid-up equity share capital was unchanged at Rs 4.532 crore. The company reported profit after tax of Rs 8.2408 crore for the six months ended September 30, 2026, while its financing cash flow included Rs 4.5319 crore of dividends paid.

What did Jasch Gauging’s half-year cash flow show?

Jasch Gauging generated Rs 3.3807 crore of net cash from operating activities after exceptional items in the six months ended September 30, 2026. Profit before tax was Rs 11.122 crore, while operating profit before working-capital changes was Rs 8.777 crore. The reconciliation included Rs 44.84 lakh of depreciation and amortisation, Rs 5.58 lakh of finance cost and Rs 2.8492 crore of interest, dividend and other income.

Operating cash generation reflected offsetting working-capital movements during the half year. The Rs 1.0956 crore inventory reduction and Rs 79.22 lakh increase in other liabilities and provisions partly offset a Rs 1.9371 crore increase in receivables and a Rs 3.0224 crore increase in other financial assets and other assets. Income taxes paid were Rs 2.4177 crore in the September 2026 half year.

Jasch Gauging generated Rs 2.803 crore from investing activities, as Rs 2.8492 crore of interest and other income exceeded Rs 4.62 lakh spent on property, plant and equipment. Financing activities used Rs 4.6135 crore, including the Rs 4.5319 crore dividend, Rs 5.58 lakh interest payment and Rs 2.58 lakh long-term borrowing repayment. As a result, cash and cash equivalents increased by Rs 1.5701 crore from Rs 9.3824 crore at the beginning of the period to Rs 10.9526 crore at the end.

The reported Rs 3.3807 crore operating inflow for the September 2026 half year compares with Rs 78.91 lakh for the year ended March 31, 2026. The two figures cover different durations, so they are not directly comparable as like-for-like half-year measures. The filing nevertheless shows that the September 2026 half-year operating inflow was supported by inventory reduction, while receivables and other assets absorbed cash.

Conclusion

Jasch Gauging reported Rs 91.8504 crore of cash and bank balances against Rs 25.35 lakh of borrowings at September 30, 2026. Cash and bank balances increased by Rs 4.3233 crore from March 31, 2026, while the half-year cash-flow statement showed operating and investing inflows that exceeded the Rs 4.6135 crore financing outflow, including dividend payments.

The next reporting period will show whether the Rs 1.9371 crore increase in trade receivables converts into operating cash and whether the Rs 25.35 lakh borrowing balance changes. The September 2026 filing also leaves the composition and availability of the Rs 80.8978 crore other-bank-balances category undisclosed, making further balance-sheet detail relevant in later filings.