JASH
Jash Engineering share price & financials
- Price
- ₹500.05
- Market cap
- ₹3.0k Cr
- Sector
- Capital Goods
- Calls analysed
- 8
Jash Engineering Limited Q1 FY27
What went well
- Revenue grew by 17% YoY to ₹156 crores.
- PAT turned positive to ₹5 crores from a loss of ₹5 crores in the prior year.
- Foundry and gate/valve manufacturing capacity expanded by 30% with new commissions.
What to watch
- Orders worth approximately ₹15 crores could not be shipped to Qatar (due to Gulf crisis) and Singapore (due to payment issues).
- Geopolitical instability in Saudi Arabia (Iran embargo) and US (Trump's tariff positions) creates market uncertainty.
What Jash Engineering Limited does
Jash Engineering Limited designs and manufactures engineered equipment for water intake, water and wastewater pumping stations, treatment and desalination plants, storm-water pumping stations and water transmission lines, as well as equipment for power, steel, cement, paper, petrochemical and fertilizer plants. It earns revenue by supplying these custom-engineered gates, screens, valves and allied equipment to municipal authorities and industrial clients in India and abroad, and holds a large executable order book across domestic and export markets. The group operates through wholly owned subsidiaries and a joint venture spanning India, the USA, the UK, Austria and Hong Kong, giving it a multi-continent manufacturing and sales footprint.
Segments
- Water Control Gates
- Screening Equipment
- Valves
- Hydropower & Pumping, Process Equipment and others
- Manufacturing units
- 7 (5 in India, 1 in USA, 1 in UK)
- Employees
- 1,088
- Countries served (exports)
- 45+
- Wholly owned subsidiaries
- 5
- Joint ventures
- 1
- Geographic footprint
- India, USA, UK, Austria and Hong Kong
Guidance record · Q1 FY27
what the last two calls moved 24 tracked 4 delivered 7 missed 13 open- FY25 Consolidated Revenue delivered said Q2 FY25 Promised: Rs.675 crore Q1 FY27: Historical target already achieved.
- FY26 Consolidated Revenue missed said Q4 FY25 Promised: ₹860 crore Q1 FY27: Historical target already missed.
- Consolidated Revenue Milestone revised up said Q2 FY25 Promised: Rs.1000 crore by FY28 Q1 FY27: Management provided a new, higher target for FY28 of ₹1,025 crore, exceeding the original ₹1,000 crore goal.
All 24 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 17.5%, net profit up 198.5% 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 | 140 | 181 | 300 | 128 | 158 +13% | 161 −11% | 291 −3% | 150 +17% |
| EBITDA | 25 | 41 | 59 | -4 | 20 −17% | 17 −58% | 69 +17% | 8 +297% |
| Net profit | 16 | 35 | 36 | -5 | 11 −32% | 13 −62% | 57 +58% | 5 +198% |
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 −1.9% 1Y
1Y: ₹524.05 on 10 Sept 2025 → ₹514.05. High ₹559.8 (23 Jun 2026), low ₹339.7 (27 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- −3.2%
- 12 Aug
- Q4 FY26
- +6.6%
- 27 May
- Q3 FY26
- +0.2%
- 20 Feb
- Q2 FY26
- +1.0%
- 14 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 22.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to 13.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹401 Cr | ₹516 Cr | ₹735 Cr | ₹736 Cr |
| Operating profit | ₹63 Cr | ₹99 Cr | ₹127 Cr | ₹102 Cr |
| Operating margin | 15.8% | 19.1% | 17.3% | 13.9% |
| Interest | ₹10 Cr | ₹11 Cr | ₹13 Cr | ₹13 Cr |
| Depreciation | ₹11 Cr | ₹11 Cr | ₹17 Cr | ₹20 Cr |
| Net profit | ₹52 Cr | ₹67 Cr | ₹87 Cr | ₹76 Cr |
| Net margin | 12.9% | 12.9% | 11.8% | 10.3% |
| Cash from operations | ₹34 Cr | ₹58 Cr | ₹55 Cr | ₹56 Cr |
| Free cash flow | ₹18 Cr | ₹34 Cr | ₹10 Cr | ₹19 Cr |
| ROCE | 23.0% | 25.0% | 25.0% | 18.0% |
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 | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹13 Cr | ₹13 Cr |
| Reserves | ₹144 Cr | ₹175 Cr | ₹227 Cr | ₹339 Cr | ₹430 Cr | ₹506 Cr |
| Borrowings | ₹72 Cr | ₹82 Cr | ₹82 Cr | ₹80 Cr | ₹112 Cr | ₹103 Cr |
| Other liabilities | ₹88 Cr | ₹100 Cr | ₹128 Cr | ₹173 Cr | ₹217 Cr | ₹259 Cr |
| Total liabilities | ₹316 Cr | ₹369 Cr | ₹449 Cr | ₹604 Cr | ₹772 Cr | ₹881 Cr |
| Fixed assets | ₹98 Cr | ₹112 Cr | ₹116 Cr | ₹127 Cr | ₹200 Cr | ₹213 Cr |
| Capital work in progress | ₹12 Cr | ₹1 Cr | ₹4 Cr | ₹6 Cr | ₹11 Cr | ₹22 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹6 Cr | ₹14 Cr | ₹13 Cr |
| Other assets | ₹207 Cr | ₹257 Cr | ₹329 Cr | ₹465 Cr | ₹546 Cr | ₹633 Cr |
| Total assets | ₹316 Cr | ₹369 Cr | ₹449 Cr | ₹604 Cr | ₹772 Cr | ₹881 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 +1.28 pp while DIIs trimmed −0.72 pp. The shareholder count shrank 12% to 47,080.
- Promoters
- 43.2%
- FIIs
- 1.5%
- DIIs
- 0.3%
- Public
- 54.9%
Since Jun 2025
- Public +1.28 pp
- DIIs −0.72 pp
- FIIs −0.42 pp
How it drifted, 12 quarters
Over this window the public went from 43.8% to 54.9% — +11.1 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 51.0%, FIIs 1.2%, DIIs 4.0%, Public 43.8%.Dec '23: Promoters 51.0%, FIIs 1.2%, DIIs 4.0%, Public 43.9%.Mar '24: Promoters 49.4%, FIIs 1.2%, DIIs 3.6%, Public 45.8%.Jun '24: Promoters 43.6%, FIIs 1.7%, DIIs 3.5%, Public 51.2%.Sep '24: Promoters 43.6%, FIIs 1.6%, DIIs 0.6%, Public 54.2%.Dec '24: Promoters 43.5%, FIIs 2.3%, DIIs 0.8%, Public 53.4%.Mar '25: Promoters 43.4%, FIIs 2.0%, DIIs 0.9%, Public 53.8%.Jun '25: Promoters 43.4%, FIIs 2.0%, DIIs 1.0%, Public 53.6%.Sep '25: Promoters 43.4%, FIIs 2.1%, DIIs 0.5%, Public 54.0%.Dec '25: Promoters 43.4%, FIIs 2.0%, DIIs 0.5%, Public 54.1%.Mar '26: Promoters 43.2%, FIIs 1.8%, DIIs 0.4%, Public 54.1%, Others 0.5%.Jun '26: Promoters 43.2%, FIIs 1.5%, DIIs 0.3%, Public 54.9%.
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.
- Miten Mehta newly disclosed 1.30% held
- Mahesh Rajesh Agrawal newly disclosed 1.26% held
- Pratik N Patel Huf . newly disclosed 0.45% held
The same filing shows 1 holder trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Jash Engineering Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Pratik Patel | 11.99% | unchanged |
| Bhairavi Patel | 5.76% | unchanged |
| Patamin Investments Private Limited | 4.24% | unchanged |
| Axel Schutte | 3.94% | unchanged |
| Pallavi U Patel | 3.33% | unchanged |
| Suresh Patel | 3.29% | unchanged |
| Girish Patel | 3.14% | unchanged |
| Harsh Patel | 2.54% | unchanged |
| Utpal Patel | 2.00% | unchanged |
| Chintan Patel | 1.75% | unchanged |
| Miten Mehta | 1.30% | newly disclosed |
| Meenakshi Mercantiles Ltd | 1.26% | unchanged |
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.
All earnings calls (8)
Read the Q1 FY27 call →Learn to analyse Jash Engineering Limited
Guides on how to read this kind of business and the numbers that matter.