505750
Josts Engg. financials
- Market cap
- ₹269 Cr
- Sector
- Capital Goods
What Josts Engg. Co. does
Josts Engineering Company (JECL), incorporated in 1907 and headquartered in Mumbai with a pan-India presence, runs two core businesses: an Engineered Products Division (EPD) that represents over 40 international technology principals across sound & vibration, environmental simulation, components, electrical test & measuring instruments, nano-technology, analytical and heat & combustion equipment, and also takes up EPC/O&M work in the power sector; and a Material Handling (MHD) business selling, servicing and renting material handling equipment through a 38-dealer, 9-service-centre pan-India network. The company shut its own Thane manufacturing plant in January 2025 and now channels material handling equipment through its wholly owned subsidiary JECL Engineering Limited, which manufactures at a new Murbad plant, and through an exclusive India distribution agreement with Zowell for reach trucks and articulated forklifts.
Segments
- Engineered Products Division (EPD)
- Material Handling (MHD)
- MHE Rentals
- Technical Services
- Service centres
- 9 (pan-India)
- Dealers
- 38 (across India)
- International principals represented
- 40+
- Subsidiary (JECL) manufacturing capacity
- ~2,100 units/year (Murbad plant)
- Own manufacturing plants
- 0 (Thane factory closed 31-Jan-2025)
- NABL-accredited calibration labs
- 1 (Josts NABL Labs)
Quarterly results
Q1 FY27: revenue up 23.6%, net profit up 320.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 59 | 47 | 59 | 40 | 47 −19% | 62 +32% | 52 −13% | 49 +24% |
| EBITDA | 6 | 6 | 6 | 2 | 3 −60% | 5 −16% | -2 −133% | 3 +50% |
| Net profit | 4 | 4 | 4 | 1 | 1 −70% | 1 −70% | 27 +542% | 3 +320% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −33.3% 1Y
1Y: ₹341.15 on 10 Sept 2025 → ₹227.65. High ₹374.7 (18 Sept 2025), low ₹193 (30 Mar 2026).
Financials, as filed
Revenue grew 5.1% a year over 3 years, FY23 to FY26. Operating margin narrowed to 4.1%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹173 Cr | ₹174 Cr | ₹217 Cr | ₹200 Cr |
| Operating profit | ₹14 Cr | ₹15 Cr | ₹24 Cr | ₹8 Cr |
| Operating margin | 8.1% | 8.4% | 10.9% | 4.1% |
| Interest | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹3 Cr |
| Depreciation | ₹3 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹7 Cr | ₹10 Cr | ₹16 Cr | ₹30 Cr |
| Net margin | 4.3% | 5.6% | 7.4% | 15.2% |
| Cash from operations | ₹7 Cr | ₹-5 Cr | ₹18 Cr | ₹-24 Cr |
| Free cash flow | ₹6 Cr | ₹-8 Cr | ₹17 Cr | ₹-25 Cr |
| ROCE | 26.0% | 25.0% | 30.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Reserves | ₹30 Cr | ₹34 Cr | ₹40 Cr | ₹62 Cr | ₹128 Cr | ₹158 Cr |
| Borrowings | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹10 Cr | ₹24 Cr | ₹3 Cr |
| Other liabilities | ₹28 Cr | ₹32 Cr | ₹46 Cr | ₹47 Cr | ₹61 Cr | ₹45 Cr |
| Total liabilities | ₹61 Cr | ₹69 Cr | ₹90 Cr | ₹120 Cr | ₹214 Cr | ₹208 Cr |
| Fixed assets | ₹3 Cr | ₹4 Cr | ₹5 Cr | ₹6 Cr | ₹39 Cr | ₹5 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹6 Cr | ₹7 Cr | ₹13 Cr | ₹22 Cr | ₹25 Cr | ₹87 Cr |
| Other assets | ₹51 Cr | ₹57 Cr | ₹72 Cr | ₹92 Cr | ₹150 Cr | ₹116 Cr |
| Total assets | ₹61 Cr | ₹69 Cr | ₹90 Cr | ₹120 Cr | ₹214 Cr | ₹208 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.12 pp while promoters trimmed −0.11 pp. The shareholder count shrank 8% to 11,352.
- Promoters
- 48.1%
- DIIs
- 0.1%
- Public
- 51.8%
Since Jun 2025
- Public +0.12 pp
- Promoters −0.11 pp
- DIIs −0.01 pp
How it drifted, 12 quarters
Over this window the public went from 50.5% to 51.8% — +1.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 49.5%, DIIs 0.1%, Public 50.5%.Dec '23: Promoters 49.5%, DIIs 0.1%, Public 50.5%.Mar '24: Promoters 47.2%, DIIs 0.1%, Public 52.7%.Jun '24: Promoters 47.2%, DIIs 0.1%, Public 52.7%.Sep '24: Promoters 47.2%, DIIs 0.1%, Public 52.7%.Dec '24: Promoters 47.2%, DIIs 0.1%, Public 52.7%.Mar '25: Promoters 48.3%, DIIs 0.1%, Public 51.7%.Jun '25: Promoters 48.3%, DIIs 0.1%, Public 51.7%.Sep '25: Promoters 48.1%, DIIs 0.1%, Public 51.9%.Dec '25: Promoters 48.1%, DIIs 0.1%, Public 51.9%.Mar '26: Promoters 48.1%, DIIs 0.1%, Public 51.9%.Jun '26: Promoters 48.1%, DIIs 0.1%, Public 51.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Rajesh Kumar Agrawal newly disclosed 1.07% held
- Jai Prakash Agarwal +0.09 pp 14.50% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Josts Engg. Co. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jai Prakash Agarwal | 14.50% | +0.09 pp |
| Vishal Jain | 12.36% | unchanged |
| Shikha Jain | 11.86% | unchanged |
| Sharad Kanayalal Shah | 4.44% | unchanged |
| Jaikaay Tradeventure Private Limited | 3.04% | unchanged |
| Krishna Agarwal | 2.43% | unchanged |
| Anita Agarwal | 1.96% | unchanged |
| Rajendra Kumar Agarwal | 1.96% | unchanged |
| Priya Singh Aggarwal | 1.94% | unchanged |
| Amit Khemka | 1.34% | unchanged |
| Rajesh Kumar Agrawal | 1.07% | newly disclosed |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.03% | −0.14 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Josts Engg. Co.
Guides on how to read this kind of business and the numbers that matter.