Jash Engineering Limited

NSE: JASHIndustrial Products

Share price

₹565.85

-3.46% close of 8 Oct 2026

Market cap ₹3,678 CrP/E 42.8

Business score

How strong the business is, in one number. The parts behind it are in Pro.

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,678 Cr

P/E ratio

42.8

P/B ratio

6.9

ROCE

17.7%

ROE

16.0%

Dividend yield

0.3%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹598.4052-week low ₹339.70

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 1.4% over the past year, and 19.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 9.1% to 13.1% over the last four years.

Whether it grew faster than its sector

It grew 19.0% a year against a sector median of 10.6% — 8.4 percentage points faster.

Room to re-rate, or risk of de-rating

At 42.8× earnings it costs 1.8× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 87.4×, across 5 companies. It is against its own five-year median of 36.3×, the 78th percentile of its own range.

Whether growth justifies the valuation

Priced at 3.1 times its growth rate, on earnings growth of 14%.

	Profit growth	Price per ₹1 profit	Per 1% growth
Jash Engineering Limited — this one	14%/yr	42.8×	₹3.1
INDOMIM	8%/yr	101.1×	₹12.6
Aditya Infotech Limited	48%/yr	99.9×	₹2.1
Syrma SGS Technology Limited	39%/yr	87.4×	₹2.2
Honeywell Automation India Limited	7%/yr	52.9×	₹7.6
Jyoti CNC Automation Limited	157%/yr	70.3×	—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Industrial Products), it ranks 22 of 75 on returns, 23 of 75 on growth, 35 of 75 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 17.7% on capital, ahead of 71% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹217 crore of cash from the business, spent ₹133 crore on plant and equipment, and returned ₹2 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 79 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 63 days for its cash to waiting 103 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue up 17% and back in profit, but the full-year sales target was cut to ₹875 crore

Announced 11 Aug 2026 · Consolidated · Unaudited

Revenue

₹150 Cr

Revenue vs last year

+17.1%

Revenue vs last quarter

-48.5%

Net profit

₹5 Cr

Profit vs last quarter

-91.1%

Net margin

3.4%

EPS

₹0.81

Earnings call transcript · 12 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap: ₹3,678 Cr
Prev close: ₹565.85
52w High: ₹619
52w Low: ₹327
Enterprise value: ₹3,674 Cr
Beta: 1.2
Price CAGR 1y: 26.0%
Price CAGR 3y: 27.0%
Price CAGR 5y: 44.0%
Price CAGR 10y: —

Ratios

Return on assets: 8.6%
PEG ratio: 3.0
P/E ratio: 42.8
P/B ratio: 6.9
EV / EBITDA: 32.2
Industry P/E: 36.9
ROCE: 17.7%
ROCE 5y average: 21.6%
ROE: 16.0%
Debt / Equity: 0.2
Interest coverage: 7.9
Dividend yield: 0.3%
ROE 3y average: 20.0%
ROE last year: 16.0%

Annual P&L

Annual revenue: ₹736 Cr
Annual profit: ₹76 Cr
Operating margin: 14.0%
Net profit margin: 10.3%
EBITDA margin: 13.9%
Sales growth 3y: 22.3%
Sales growth 5y: 19.7%
Profit growth 3y: 14.0%
Profit growth 5y: 20.0%
EPS: ₹12.1
Sales growth TTM: 1.0%
Profit growth TTM: 5.0%
Dividend payout: 13.0%

Quarter P&L

Sales latest quarter: ₹150 Cr
Profit latest quarter: ₹5 Cr
YoY quarterly sales growth: 17.5%
YoY quarterly profit growth: —
OPM latest quarter: 5.4%

Balance Sheet

Book Value: ₹79.8
Face Value: ₹2.0
Total debt: ₹103 Cr
Total cash: ₹94 Cr
Borrowings: ₹103 Cr
Reserves / Equity: 38.9

Cash Flow

Operating cash flow: ₹56 Cr
Free cash flow: ₹19 Cr
FCF yield: 0.2%
Net cash flow: ₹29 Cr

Shareholding

Promoter holding: 43.2%
FII holding: 1.5%
DII holding: 0.3%
Public holding: 54.9%

Peer comparison

Company	Price ₹	P/E	Mkt cap ₹ Cr	Div yield %	Profit qtr ₹ Cr	Profit var %	Sales qtr ₹ Cr	Sales var %	ROCE %
Indo-MIM	1,359.90	104.2	67,244	0.00	240.1	31.6	1,218.7	9.4	25.0
Aditya Infotech	4,064.90	104.4	49,847	0.04	142.2	332.5	1,402.4	89.5	28.6
Syrma SGS Tech.	1,746.70	90.7	33,682	0.09	105.7	101.2	1,588.6	68.3	16.8
Honeywell Auto	33,345.00	52.7	29,477	0.33	150.7	20.9	1,204.4	1.8	16.9
Jyoti CNC Auto.	1,071.00	75.7	24,357	0.00	57.1	-20.0	508.5	24.0	21.3
Kaynes Tech	3,365.00	65.1	22,620	0.00	56.4	-24.4	946.0	40.5	12.7
LMW	16,819.00	98.4	17,968	0.21	55.5	369.2	860.7	24.0	5.6
Jash Engineering	586.15	43.0	3,704	0.27	5.1	195.5	149.9	17.4	17.7
Median	347.48	36.0	671	0.00	5.7	31.6	75.0	23.6	16.1

Competes with: Aditya Infotech Limited, Honeywell Automation India Limited, INDOMIM, Jyoti CNC Automation Limited, Kaynes Technology India Limited, LLOYDS ENGINEERING WORKS LIMITED, LMW Limited, Syrma SGS Technology Limited, Tega Industries Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026

Line item	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	64	95	139	217	115	140	181	300	128	158	161	291	150
Expenses	65	81	107	164	111	115	140	242	132	137	144	222	142
Material Cost								125	66	82	75	105	59
Change in Inventories								29	-0.99	-15	-3.41	15	3.48
Purchases of Stock-in-Trade								0	0	0	0	0	0
Employee Cost								35	37	38	38	34	42
Other Expenses								54	29	32	33	67	37
Operating Profit	-0.33	14	32	53	3.41	25	41	59	-4.10	20	17	69	8.08
OPM %	-0.51	15	23	24	2.98	18	23	20	-3.21	13	11	24	5.39
Other Income	1.23	1.37	2.13	1.56	1.77	4.22	1.34	3.04	5.33	2.11	4.08	9.05	6.13
Exceptional items (within Other Income)								-0.11	0	0.06	-0.00	0.01	0
Interest	1.98	2.99	3.06	3	2.50	2.95	3.68	3.95	2.97	3.38	3.05	3.38	2.06
Depreciation	2.72	2.66	2.60	2.78	3.06	3.40	3.61	6.95	4.50	4.88	5.08	5.25	5.61
Profit before tax	-3.80	9.98	28	49	-0.38	22	35	51	-6.24	14	13	69	6.54
Tax %	-12	14	20	20	-121	28	-0.23	30	-17	22	-1.24	18	22
Net Profit	-3.37	8.54	23	39	0.08	16	35	36	-5.17	11	13	57	5.09
EPS in Rs	-0.56	1.42	3.76	6.29	0.08	2.56	5.60	5.76	-0.81	1.77	2.13	8.97	0.77
Diluted EPS in Rs								5.68	-0.82	1.73	2.07	8.98	0.80

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	119	120	158	175	248	278	299	368	402	516	735	736	758
Expenses	99	100	137	166	225	240	248	321	338	417	608	634	644
Material Cost											338	329
Change in Inventories											-8.16	-4.19
Purchases of Stock-in-Trade											0	0
Employee Cost											124	148
Other Expenses											153	161
Operating Profit	20	20	21	9	23	38	52	47	64	99	127	102	114
OPM %	17	16	13	5	9	14	17	13	16	19	17	14	15
Other Income	1	2	3	5	7	8	3	6	13	6	10	20	21
Exceptional items (within Other Income)											-0.26	-0.11
Interest	6	5	6	7	8	10	10	9	10	11	13	13	12
Depreciation	4	4	4	6	7	8	9	10	11	11	17	20	21
Profit before tax	11	12	15	1	14	28	36	35	56	83	108	90	103
Tax %	31	39	32	72	44	28	16	7	8	20	19	16
Net Profit	8	7	10	0	8	20	31	32	52	67	87	76	86
EPS in Rs	1.59	1.52	2.11	0.06	1.30	3.40	5.14	5.39	8.59	11	14	12	14
Diluted EPS in Rs											14	12
Dividend Payout %	20	26	0	348	23	14	12	13	14	13	14	13

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years: 20%
5 years: 20%
3 years: 22%
TTM: 1%

Compounded profit growth

10 years: 26%
5 years: 20%
3 years: 14%
TTM: 5%

Stock price CAGR

10 years: —
5 years: 44%
3 years: 27%
1 year: 26%

Return on equity

10 years: 18%
5 years: 20%
3 years: 20%
Last year: 16%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	10	10	10	12	12	12	12	12	12	12	13	13
Reserves	60	66	74	94	98	114	144	175	227	339	420	506
Borrowings	39	44	52	64	74	84	72	82	82	80	99	103
Other Liabilities	47	40	54	61	85	75	88	100	128	173	215	257
Minority Interest											3.31	5.84
Total Liabilities	156	160	190	231	269	285	316	369	449	604	747	879
Fixed Assets	69	66	86	88	90	101	98	112	116	127	170	212
CWIP	0	0	1	1	12	6	12	1	4	6	21	23
Investments	0	0	0	0	0	0	0	0	0	6	11	13
Other Assets	87	93	103	141	166	177	207	257	329	465	545	631
Total Assets	156	160	190	231	269	285	316	369	449	604	748	881

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	7	6	21	-8	18	18	35	14	34	58	55	56
Cash from Investing Activity	-18	-4	-19	-18	-14	-8	-12	-16	-16	-68	-72	-9
Cash from Financing Activity	11	-1	0	25	-4	-9	-22	2	-13	32	-2	-17
Net Cash Flow	0	1	2	-1	-1	1	1	-0	5	22	-18	29
Free Cash Flow	5	4	-3	-25	1	14	26	2	18	34	11	19

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	128	119	114	124	108	111	117	134	142	111	112	149
Inventory Days	207	246	172	209	189	178	201	157	238	279	209	219
Days Payable	169	147	175	201	181	117	128	121	125	120	92	117
Cash Conversion Cycle	167	218	110	132	116	172	190	170	255	270	229	251
Working Capital Days	20	139	25	58	15	28	64	63	83	76	71	103
ROCE %	17	15	16	4	13	19	21	17	23	25	25	18

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026

Line item	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	51	51	49	44	44	44	43	43	43	43	43	43
FIIs	1.21	1.21	1.18	1.67	1.58	2.27	1.96	1.96	2.06	2	1.79	1.54
DIIs	4.03	3.95	3.59	3.53	0.59	0.78	0.90	1.04	0.53	0.49	0.39	0.32
Public	44	44	46	51	54	53	54	54	54	54	54	55
Others	0	0	0	0	0	0	0	0	0	0	0.46	0
No. of Shareholders	6,227	6,559	9,692	13,804	20,230	29,613	52,640	53,685	51,487	48,039	45,073	47,080

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +21.1% (₹467.45 → ₹565.85)Brick size ₹23.59 (fixed)Bricks 23

Price moved up one brickPrice moved down one brickLast close ₹565.85 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

exports as % of revenue

63.40

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-4.21inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,11,17,825inr

2026-03-31

News

News and filings about Jash Engineering Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

aluminium
carbon steel plates
cast iron and ductile iron
cast stainless steel and cast steel
stainless steel plates

Depends on the price of

steel

Sells to

Astra Engineering · gates, valves and screens (channel/EPC)
Cartersville WPCP Expansion · water/wastewater treatment plant equipment (US municipal)
Enviro Infra Engineers Limited · water/wastewater treatment gates, valves and screens
Franklin WTP Expansion, NC · water treatment plant equipment (US municipal)
Fullink · gates, valves and screens (channel)
Larsen & Toubro · water/wastewater & industrial process gates, valves, screens
REC Engineering · gates, valves and screens (channel/EPC)
Reliance Industries · bulk-solids handling valves & gates for petrochemical process plants
VA Tech Wabag Limited · water/wastewater treatment gates, valves and screens
Vindhya Telelinks Limited · water/wastewater & infra process equipment

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector: Capital Goods
Industry: Industrial Products
Classification: Capital Goods › Industrial Products
ISIN: INE039O01029

Business segments

Outside India · 56%
Within India · 45%

Plants

Rodney Hunt manufacturing facility · Orange, Massachusetts
Shivpad / Chennai manufacturing facility · Chennai, Tamil Nadu
Unit-1 Cast Iron Products Plant · Indore, Madhya Pradesh
Unit-2 Fabricated Products Plant · Indore, Madhya Pradesh
Unit-3 SEZ Export Plant · Pithampur, Madhya Pradesh
Unit-4 Rodney Hunt Plant · Pithampur, Madhya Pradesh
Waterfront Fluid Controls · Glasgow, Scotland

News impact

Big market events that reach Jash Engineering Limited, and how the effect spreads.

30 Sept, 22:31 IST · Market event · medium impact

India extends RoDTEP scheme for exporters till Dec

India extended exporter duty refunds till December, so textile and engineering exporters keep a small margin cushion for one more quarter, with no clear loser.

TextilesCapital Goods

Who it hits first

The government extended the RoDTEP duty-refund scheme for exporters till December 31, 2026, keeping refund rates unchanged.
Textile and engineering exporters — from Jindal Worldwide's denim to TD Power Systems' generators — keep a margin cushion for one more quarter.
The gain is modest and short-dated: three extra months of refunds, not a new incentive.

Who may gain

Jindal Worldwide (denim exporter, 90% export revenue) — refunds protect thin export margins
TD Power Systems (generator exporter, 93% export revenue) — refunds on nearly all sales
Commercial Syn Bags (bulk-bag exporter) — steadier export pricing
Kitex Garments (infantwear exporter) — targeted relief, though losses limit the benefit
Jash Engineering (water-equipment exporter) — lower export costs on foreign orders

Along the supply chain

Downstream

The end buyers are foreign importers of Indian garments and machinery, who may see steadier prices as exporters pass less cost through.

Upstream

Yarn and fibre makers such as Indo Rama Synthetics, which supply garment exporters, could see steadier pull if refunds keep exporter order books healthy.

Where demand moves

Business

Exporters do not gain new orders from this move; they keep a cost refund that protects margins on existing foreign sales for one more quarter.

Capital

Investors may nibble at high-export stocks like TD Power and Jindal Worldwide, but a three-month extension rarely triggers big buying.

How it spreads across sectors

Capital Goods

Mildly positive for engineering exporters; domestic-heavy names feel nothing.

Textiles

Positive but small: garment and fabric exporters keep refunds till December, cushioning margins in a weak global demand patch.

When it plays out

Immediate

Exporter stocks edge up over 1-7 days on relief that refunds continue without a gap.

Medium term

Over 1-6 months, focus shifts to whether the scheme survives past December; a lapse would reverse the benefit.

Short term

Over 1-4 weeks, exporters factor refunds into October-December pricing and shipment plans.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

16 Sep 2026	unspecified	₹1
10 Apr 2026	interim	₹0.6
8 Sep 2025	unspecified	₹1.2
10 Mar 2025	interim	₹0.8
30 Oct 2024	split	₹0
19 Sep 2024	unspecified	₹7.2
22 Sep 2023	unspecified	₹4
22 Sep 2023	special	₹2

Splits, bonuses & buybacks

daily-prices repair: 18 rows from NSE's archive (replace 12, delete 0, insert 6), 2018-11-15..2026-02-01 (docs/flat_day_repair.md)1× · 15 Nov 2018

Bulk & block deals

Date	Who	Bought / sold	Shares	Price
21 Sep 2026	MICROCURVES TRADING PRIVATE LIMITED	BUY	6,18,491	₹581.71
21 Sep 2026	MICROCURVES TRADING PRIVATE LIMITED	SELL	6,18,491	₹582.17
21 Sep 2026	JUNOMONETA FINSOL PRIVATE LIMITED	SELL	5,38,203	₹581.47
21 Sep 2026	JUNOMONETA FINSOL PRIVATE LIMITED	BUY	5,37,198	₹580.91
21 Sep 2026	QE SECURITIES LLP	BUY	4,69,501	₹581.56
21 Sep 2026	QE SECURITIES LLP	SELL	4,62,164	₹577.79
21 Sep 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	SELL	3,90,466	₹583.11
21 Sep 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	BUY	3,90,466	₹582.80
21 Sep 2026	ALPHAGREP SECURITIES PRIVATE LIMITED	BUY	3,45,714	₹577.70
21 Sep 2026	ALPHAGREP SECURITIES PRIVATE LIMITED	SELL	3,45,714	₹577.99

Insider trades

Disclosed	Who	Type	Shares	Value ₹ Cr
9 Sep 2026	Pratik Patel · Promoter and Director	BUY	10,000	0.51
9 Sep 2026	Rohan Patel · Promoter Group	SELL	10,000	0.50

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.