Jash Engineering Ltd

JASH

Watchlist

AI Mode

‌

Market Cap

₹ 2,788 Cr

P/E

36.09

‌

Investment Checklist

How to read checklist?

Performance

UNDER PERFORMER

Valuation

REASONABLE

Growth

STABLE

Profitability

MODERATE MARGIN

Technicals

Bearish

Risk

MODERATE RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Jash Engineering Limited specializes in manufacturing water control gates, valves, screens, and process equipment for various industries, including water and waste treatment, power, and chemicals.

Despite a challenging global environment, such as US tariffs, Jash Engineering reported a 12% revenue growth in H1 FY26. Though margins declined due to reduced exports and rising employee costs, the company forecasts an improvement in profitability for H2 FY26 with a target revenue of over ₹530 crore.

The company is focused on strategic acquisitions, including WesTech Process Equipment and Penstocks (UK), aiming to enhance its process equipment business and expand its presence in the UK water market.

Jash Engineering is committing to significant capacity expansion in India and the USA to ensure future growth. The company is also developing new high-efficiency products, like knife gate valves, for specialized industrial applications.

Despite temporary trade challenges, Jash Engineering sets its sights on diverse market penetration, emphasizing strengthening its footprint in multiple international markets beyond its traditional reliance on the US.

Sector

Capital Goods-Non Electrical Equipment

Industry

Engineering - Light - General - Medium / Small

Market Cap

2,788 Cr

Volatility

Low Risk

P/E Ratio

36.1

Industry P/E

34.2

PEG Ratio

1.0

P/B Ratio

6.3

52W High

647.45

52W Low

429.30

Sales CAGR

42.57%

22.75%

18.15%

10Y

—

Profit CAGR

29.95%

40.77%

25.92%

10Y

—

ROE

TTM

17.46%

16.67%

15.91%

10Y

15.25%

ROCE

TTM

19.31%

21.87%

20.75%

10Y

20.03%

Technicals

‌

Forecasts

No. of Analysts

7

1Y Price Target

676.26 ▲ 56.90%

Q3 EPS Estimate

Q3 Revenue Estimate

Unlock Premium Features

Price, EPS and Revenue Projections

Strong SellSellHoldBuyStrong Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

updated on

Dec 03, 2025

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
KRN	761.60	4,736 Cr	80.21	8.96	0.00	11.17	15.81	8.10
JASH	441.35	2,788 Cr	36.09	6.30	0.45	17.46	19.31	9.89
JAYKAY	200.50	2,608 Cr	86.67	5.46	0.00	6.31	7.40	4.57
KPGEL	429.00	2,144 Cr	28.96	6.62	0.09	27.28	27.51	9.04
NIBE	1189.10	1,724 Cr	545.46	7.40	0.10	1.36	3.79	0.48
MAMATA	419.60	1,034 Cr	24.01	5.85	0.12	24.38	32.80	15.82
MACPOWER	1011.65	1,012 Cr	36.73	6.52	0.15	17.39	23.68	10.67

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	64	95	139	217	115	140	181	300	128	158
Expenses	65	81	107	164	111	115	140	242	132	137
Operating Profit	-0.34	14	32	53	3.46	25	41	59	-3.92	20
OPM %	-0.53	14.99	22.81	24.49	3.02	17.60	22.54	19.60	-3.07	12.85
Other Income	1.23	1.37	2.13	1.44	1.72	4.17	1.29	2.93	5.16	2.11
Interest	1.98	2.99	3.06	3.00	2.50	2.95	3.68	3.95	2.97	3.38
Depreciation	2.72	2.66	2.60	2.78	3.06	3.40	3.61	6.95	4.50	4.88
Profit Before Tax	-3.81	9.98	28	49	-0.38	22	35	51	-6.24	14
Tax %	11.55	14.43	19.74	20.25	118.42	27.87	-0.23	29.78	17.15	22.14
Net Profit	-3.37	8.54	23	39	0.08	16	35	36	-5.17	11
EPS in Rs	-0.54	1.34	3.54	6.26	0.08	0.51	5.47	5.67	-0.82	1.73

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	166	176	248	278	299	368	402	516	735	748
Expenses	137	166	225	240	248	321	338	417	608	628
Operating Profit	29	10	23	38	52	47	64	99	128	120
OPM %	17.32	5.79	9.12	13.68	17.26	12.74	15.88	19.17	17.36	16.07
Other Income	3.17	5.04	6.95	7.90	2.86	6.06	13	6.17	10	14
Interest	5.52	6.81	8.50	10	9.82	8.61	9.93	11	13	14
Depreciation	3.87	5.74	7.25	7.82	8.55	9.69	11	11	17	18
Profit Before Tax	15	1.22	14	28	36	35	56	83	108	102
Tax %	31.89	72.48	44.27	27.56	15.62	6.94	8.48	19.77	19.39	19.91
Net Profit	10	0.34	7.70	20	31	32	52	67	87	82
EPS in Rs	—	—	1.98	3.16	4.85	5.05	8.13	10.61	11.73	12.05
Dividend Payout %	0.00	312.50	23.08	14.13	12.44	13.48	14.09	13.20	14.51	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2015	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	9.58	9.58	12	12	12	12	12	12	12	13
Reserves	59	74	94	98	114	145	175	227	339	420
Borrowings	34	49	52	60	73	72	82	82	80	99
Other Liabilities	53	57	74	98	86	88	101	128	173	216
Total Liabilities	156	190	232	269	285	316	369	449	604	748
Fixed Assets	69	86	88	90	101	98	112	116	127	169
CWIP	0.35	0.61	1.25	12	6.14	12	0.88	3.54	5.54	21
Investments	0.00	0.01	0.01	0.01	0.00	0.00	0.01	0.01	6.40	12
Other Assets	87	103	143	166	177	207	257	329	465	546
Total Assets	156	190	232	269	285	316	369	449	604	748

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2015	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	9.82	21	-8.20	18	18	35	14	34	58	55
Cash from Investing Activity	-21	-19	-18	-15	-8.19	-12	-16	-16	-68	-72
Cash from Financing Activity	11	0.20	25	-4.24	-9.19	-22	1.71	-13	32	-1.55
Net Cash Flow	0.26	1.78	-0.80	-1.21	1.09	0.83	-0.19	4.83	22	-19

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	52.21%	51.08%	51.01%	50.98%	50.98%	49.44%	43.65%	43.61%	43.52%	43.39%	43.39%	43.40%
FIIs	1.03%	1.20%	1.21%	1.21%	1.21%	1.18%	1.67%	1.58%	2.27%	1.96%	1.96%	2.06%
DIIs	3.99%	3.99%	4.29%	4.03%	3.95%	3.59%	3.53%	0.59%	0.78%	0.90%	1.04%	0.53%
Public	42.78%	43.73%	43.49%	43.78%	43.86%	45.79%	51.16%	54.22%	53.42%	53.75%	53.62%	54.01%
Total Shareholders	5,544	5,344	5,641	6,226	6,559	9,692	13,804	20,230	29,613	52,640	53,685	51,487

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Sep 09, 2025	Bhairavi patel	Insider - Promoter	Disposal	516.30	4.20 Cr	81,387	0.12
Sep 08, 2025	Patamin investments private l...	Insider - Promoter Group	Acquisition	518.45	4.20 Cr	80,920	0.12
Sep 04, 2025	Bhairavi patel	Insider - Promoter	Disposal	515.73	0.31 Cr	6,000	0.00
Sep 04, 2025	Patamin investments private l...	Insider - Promoter Group	Acquisition	517.86	0.31 Cr	6,010	0.00
Jun 30, 2025	Tushar kharpade	Insider - KMP	Disposal	547.43	0.22 Cr	4,000	0.008
Jun 30, 2025	Tushar kharpade	Insider - KMP	Disposal	561.00	0.06 Cr	1,000	—
May 26, 2025	Pratik patel	Insider - Promoter & Director	Acquisition	—	—	4,64,200	0.73
May 26, 2025	Harsh patel	Insider - Promoter	Disposal	—	—	4,64,200	0.73
Dec 16, 2024	Axel schutte	Bulk	Sell	576.06	27.36 Cr	4,75,000	0.75
Sep 11, 2024	Bellwether capital private li...	Bulk	Buy	2,012.27	12.77 Cr	63,475	0.10

Projection

Unlock Premium Features

Get In-depth insights on EPS and Revenue forecasts

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Corporate Action

3 days ago

Acquisition of WesTech Process Equipment

Execution of Share Purchase Agreement for the acquisition of WesTech Process Equipment India Pvt Ltd. for Rs. 31.36 Crore.

Corporate Announcement

6 days ago

Monthly Order Update from JASH Engineering

In November 2025, JASH Engineering secured Rs. 43 Cr in consolidated orders and reported a total order book position of Rs. 928 Cr as of December 1, 2025.

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q2 FY26

Investor Presentation

Q1 FY26

Investor Presentation

Q4 FY25

Investor Presentation

Q3 FY25

Investor Presentation

Q2 FY25

Investor Presentation

Q1 FY25

Investor Presentation

Q1 FY25

Investor Presentation

Q4 FY24

Showing 1 - 8 of 28

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Overview

Detailed Summary

Jash Engineering Limited specializes in manufacturing water control gates, valves, screens, and process equipment for various industries, including water and waste treatment, power, and chemicals.

Sector

Capital Goods-Non Electrical Equipment

Industry

Engineering - Light - General - Medium / Small

Market Cap

2,788 Cr

Volatility

Low Risk

P/E Ratio

36.1

Industry P/E

34.2

PEG Ratio

1.0

P/B Ratio

6.3

52W High

647.45

52W Low

429.30

Sales CAGR

42.57%

22.75%

18.15%

10Y

—

Profit CAGR

29.95%

40.77%

25.92%

10Y

—

ROE

TTM

17.46%

16.67%

15.91%

10Y

15.25%

ROCE

TTM

19.31%

21.87%

20.75%

10Y

20.03%