Shares of this small-cap company, specializing in manufacturing a diverse range of equipment for water systems, gained attention after the management projected revenue potential exceeding Rs.675 crores for FY25. The company also outlined further expansion plans and ambitious growth targets, signaling strong confidence in its future performance.
Price Action
In Thursday’s trading session, Jash Engineering Ltd‘s shares reached an intra-day high of Rs.593.80 per share, rising over 3.4 percent, from its previous close of Rs.574.20 per share. Over the past five years, the shares have delivered over 2,150 percent returns.
Management Guidance
Jash Engineering Ltd. appears optimistic about achieving robust growth over the next few years. With guidance for Rs.675 crores in revenue for the current year (FY25), the company anticipates reaching around Rs.1000 crores by FY26 or FY27, assuming a compound annual growth rate (CAGR) of approximately 20 percent.
In terms of capacity, the company seems confident in executing additional orders of Rs.200 crores or more within its current setup. This suggests that its existing infrastructure and operational scale are sufficient to handle the projected growth, barring any significant changes in operational requirements or unexpected constraints.
Jash Engineering’s current manufacturing facilities can generate a total turnover exceeding Rs.800 crores.
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International Footprint
Headquartered in Indore, India, Jash Engineering operates six advanced manufacturing facilities—four in India and one each in the USA and UK. With a global presence across India, the USA, Austria, Hong Kong, and the UK, Jash is committed to serving clients worldwide and contributing to the creation of a sustainable environment for the future.
Product Portfolio
Jash Engineering specializes in water and wastewater management products, including water control gates, valves (such as butterfly and knife gate valves), and screening equipment for debris removal. They also manufacture hydropower equipment, including screw generators and pumps, as well as treatment process equipment for efficient water purification.
Financial Performance
In its recent financial update for the quarter ending September 2024, Jash Engineering Ltd reported revenue from operations of Rs.140 crore, reflecting a 47 percent incline from Rs.95 crore in Q2 FY24. Moreover, net profits increased significantly by 78 percent to Rs.16 crore from profits of Rs.9 crore in the same period.
Company Overview
Jash Engineering Ltd., established in 1973, is a prominent manufacturer specializing in equipment for water and wastewater management, including water control gates, valves, and screening systems. The company caters to diverse industries such as power, steel, cement, and petrochemicals.
Written by – Siddesh S Raskar
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