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 ₹ 3,828 Cr.
- Current Price ₹ 610
- High / Low ₹ 699 / 371
- Stock P/E 52.7
- Book Value ₹ 58.7
- Dividend Yield 0.24 %
- ROCE 19.3 %
- ROE 17.6 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 23.9% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.6%
Cons
- Stock is trading at 10.4 times its book value
- Promoter holding has decreased over last 3 years: -9.36%
* 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
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
76 | 105 | 111 | 111 | 145 | 151 | 202 | 206 | 217 | 257 | 272 | 345 | 438 | |
65 | 87 | 91 | 91 | 124 | 135 | 172 | 171 | 172 | 222 | 218 | 276 | 340 | |
Operating Profit | 11 | 18 | 19 | 20 | 21 | 16 | 30 | 35 | 44 | 35 | 54 | 70 | 97 |
OPM % | 15% | 17% | 18% | 18% | 15% | 11% | 15% | 17% | 20% | 14% | 20% | 20% | 22% |
1 | 1 | 1 | 2 | 2 | 3 | 3 | 8 | 3 | 8 | 9 | 7 | 8 | |
Interest | 5 | 5 | 6 | 5 | 5 | 6 | 8 | 10 | 9 | 8 | 10 | 10 | 10 |
Depreciation | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 5 | 6 | 6 | 7 | 7 | 7 |
Profit before tax | 4 | 10 | 11 | 13 | 14 | 9 | 21 | 28 | 32 | 28 | 47 | 60 | 88 |
Tax % | 33% | 19% | 29% | 32% | 28% | 21% | 17% | 23% | 14% | 11% | 13% | 17% | |
2 | 8 | 8 | 9 | 10 | 7 | 17 | 22 | 28 | 25 | 41 | 50 | 73 | |
EPS in Rs | 0.52 | 1.68 | 1.63 | 1.83 | 2.16 | 1.24 | 2.90 | 3.69 | 4.66 | 4.15 | 6.78 | 8.10 | 11.65 |
Dividend Payout % | 27% | 17% | 20% | 22% | 0% | 16% | 10% | 13% | 14% | 17% | 18% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 11% |
3 Years: | 17% |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 24% |
3 Years: | 22% |
TTM: | 57% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 98% |
3 Years: | 67% |
1 Year: | 65% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 17% |
3 Years: | 17% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 |
Reserves | 50 | 58 | 64 | 71 | 80 | 105 | 119 | 137 | 164 | 187 | 225 | 319 | 355 |
36 | 21 | 38 | 43 | 43 | 47 | 62 | 77 | 71 | 83 | 80 | 77 | 79 | |
32 | 30 | 45 | 37 | 51 | 59 | 71 | 67 | 64 | 87 | 99 | 119 | 130 | |
Total Liabilities | 128 | 119 | 157 | 161 | 182 | 223 | 264 | 292 | 311 | 369 | 416 | 528 | 576 |
53 | 52 | 51 | 48 | 50 | 55 | 56 | 65 | 64 | 79 | 77 | 87 | 84 | |
CWIP | 1 | 1 | 0 | 0 | 1 | 1 | 12 | 7 | 13 | 1 | 2 | 1 | 6 |
Investments | 7 | 7 | 22 | 25 | 32 | 33 | 37 | 37 | 56 | 75 | 75 | 81 | 105 |
68 | 60 | 84 | 87 | 100 | 133 | 159 | 183 | 179 | 214 | 262 | 359 | 381 | |
Total Assets | 128 | 119 | 157 | 161 | 182 | 223 | 264 | 292 | 311 | 369 | 416 | 528 | 576 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-5 | 21 | 5 | 7 | 16 | -8 | 14 | 4 | 48 | 30 | 25 | 28 | |
-12 | -1 | -16 | -6 | -8 | -12 | -17 | -3 | -32 | -31 | -7 | -57 | |
18 | -20 | 11 | -1 | -8 | 19 | 3 | -1 | -16 | 1 | -15 | 32 | |
Net Cash Flow | -0 | 0 | -0 | -0 | 0 | -0 | -0 | 0 | -0 | 0 | 3 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 143 | 105 | 142 | 128 | 127 | 168 | 164 | 203 | 177 | 185 | 175 | 132 |
Inventory Days | 301 | 155 | 207 | 261 | 185 | 222 | 187 | 193 | 207 | 157 | 279 | 313 |
Days Payable | 226 | 139 | 174 | 149 | 177 | 223 | 190 | 139 | 135 | 150 | 153 | 123 |
Cash Conversion Cycle | 218 | 121 | 176 | 239 | 135 | 167 | 161 | 258 | 249 | 192 | 301 | 323 |
Working Capital Days | 167 | 79 | 100 | 146 | 111 | 150 | 131 | 179 | 172 | 153 | 178 | 161 |
ROCE % | 11% | 16% | 17% | 15% | 15% | 10% | 16% | 18% | 18% | 14% | 19% | 19% |
Documents
Announcements
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Board Meeting Intimation
22 April 2025 - JASH ENGINEERING LIMITED has informed about Board Meeting to be held on 05-May-2025 to consider and approve the Yearly Audited Financial results of the Company …
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
19 April 2025 - Demat confirmation certificate under SEBI Regulation 74(5) for quarter ending March 31, 2025
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Updates
10 April 2025 - Reports FY24‑25 revenue Rs735Cr, projects Rs860Cr for FY25‑26; details US tariff impact, expansions, orders
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General Updates
1 April 2025 - JASH Engineering posts FY24-25 revenue Rs710Cr (+37% YoY); plans Rs1,000Cr by FY26-27
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Trading Window-XBRL
31 March 2025 - JASH ENGINEERING LIMITED has informed about Closure of Trading Window
Annual reports
Concalls
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Feb 2025Transcript PPT REC
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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.