Jash Engineering Ltd. (JASH) AI Stock Analysis

• Market Cap: ₹31.65B
• Dividend Yield: 0.4%
• Average Volume (3M): 5.86K
• Price to Earnings (P/E): 38.5
• Beta (1Y): 0.84
• Revenue Growth: 32.20%
• EPS Growth: 11.82%
• Country: IN
• Employees: 565
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): -0.80
• Shares Outstanding: 62,755,123
• 10 Day Avg. Volume: 5,290
• 30 Day Avg. Volume: 5,856
• PEG Ratio: 1.63
• Price to Book (P/B): 8.39
• Price to Sales (P/S): 4.94
• P/FCF Ratio: 1.04K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹627.00
• Price Target Upside: 24.31% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ₹627.00 ▲(24.31% Upside)

Jash Engineering Ltd.'s overall stock score reflects its strong financial performance and solid balance sheet. However, the stock's valuation appears high and cash management requires attention. Technical indicators suggest a neutral trend, which moderates the score.

Jash Engineering Ltd. Business Overview & Revenue Model

Company Description

Jash Engineering Ltd. (JASH) is a leading engineering firm specializing in providing innovative solutions for the water and wastewater treatment sectors. The company designs, manufactures, and supplies a range of high-quality products and services, including flow control equipment, screening systems, and advanced treatment technologies. With a strong focus on sustainability and efficiency, JASH serves municipal and industrial clients globally, enhancing their operational capabilities and environmental compliance.

How the Company Makes Money

Jash Engineering Ltd. generates revenue through the sale of its engineering products and systems, including flow control and treatment equipment tailored for water and wastewater management. The company's revenue model primarily consists of direct sales to municipalities and industries, as well as ongoing service contracts for maintenance and support. Key revenue streams include project-based contracts for large infrastructure installations, recurring revenue from service agreements, and partnerships with other engineering firms and environmental agencies that enhance their market reach. Additionally, JASH benefits from government contracts and grants aimed at improving water infrastructure, contributing to its earnings.

Jash Engineering Ltd. Financial Statement Overview

Summary

Jash Engineering Ltd. demonstrates strong financial health with significant revenue growth and profitability. The balance sheet is solid with manageable debt levels and good equity utilization. However, declining free cash flow highlights a need for better cash management strategies.

Income Statement

Jash Engineering Ltd. shows a robust financial performance with significant revenue growth of 42.6% from 2024 to 2025 and consistent net profit margins over 10%. The EBIT margin improved to 15%, indicating strong operational efficiency. However, the gross profit margin has decreased slightly, pointing to potential cost management issues. Overall, the income statement reflects strong growth and profitability.

Balance Sheet

The company's balance sheet indicates a healthy financial position with a low debt-to-equity ratio of 0.23 and a solid equity ratio of 57.9%. Return on equity (ROE) has improved to 20.2%, demonstrating effective use of equity to generate profits. Despite these strengths, the company should monitor liabilities as they have grown alongside assets.

Cash Flow

Cash flow analysis reveals that Jash Engineering Ltd. has faced declining free cash flow, though it remains positive. The operating cash flow to net income ratio stands at 0.54, suggesting room for improvement in cash generation relative to profit. Free cash flow growth has been negative, indicating potential challenges in capital management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.48B	7.35B	5.16B	4.02B	3.65B	2.99B
Gross Profit	3.67B	2.63B	1.53B	1.96B	808.07M	1.41B
EBITDA	1.34B	1.38B	1.02B	768.45M	528.36M	544.59M
Net Income	821.13M	876.95M	667.69M	517.01M	321.78M	305.19M
Balance Sheet
Total Assets	0.00	7.48B	6.04B	4.49B	3.69B	3.16B
Cash, Cash Equivalents and Short-Term Investments	1.14B	1.14B	1.01B	312.85M	118.28M	38.63M
Total Debt	0.00	990.46M	800.75M	818.84M	819.80M	719.88M
Total Liabilities	-4.36B	3.12B	2.53B	2.10B	1.82B	1.60B
Stockholders Equity	4.36B	4.33B	3.51B	2.39B	1.87B	1.56B
Cash Flow
Free Cash Flow	0.00	34.96M	339.69M	178.39M	15.27M	259.54M
Operating Cash Flow	0.00	473.48M	583.29M	339.57M	144.78M	354.21M
Investing Cash Flow	0.00	-762.79M	-682.79M	-158.46M	-163.73M	-121.07M
Financing Cash Flow	0.00	102.03M	319.12M	-132.81M	17.06M	-224.81M

Jash Engineering Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 504.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JASH, the sentiment is Neutral. The current price of 504.4 is above the 20-day moving average (MA) of 488.93, below the 50-day MA of 506.52, and below the 200-day MA of 557.03, indicating a neutral trend. The MACD of -6.99 indicates Negative momentum. The RSI at 56.15 is Neutral, neither overbought nor oversold. The STOCH value of 88.27 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:JASH.

Jash Engineering Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BBL	73 Outperform	₹34.91B	23.74	―	1.13%	16.36%	21.58%
PRECWIRE	72 Outperform	₹36.02B	37.66	―	0.57%	20.80%	20.82%
JASH	71 Outperform	₹31.65B	38.48	―	0.40%	32.20%	11.82%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SALZERELEC	61 Neutral	₹14.82B	21.31	―	0.29%	21.71%	35.01%
HPL	60 Neutral	₹28.52B	29.97	―	0.23%	10.26%	77.36%

Jash Engineering Ltd. Corporate Events

Jash Engineering Ltd. Commissions New Manufacturing Plant to Boost Market Position

Jash Engineering Ltd. has announced the commissioning of its new Shivpad Manufacturing plant near Chennai, which is expected to bolster its position in the municipal treatment process equipment industry. The new facility, with a built-up area of 58,500 square feet, will enhance delivery timelines and enable the company to undertake larger projects, including those outside India. The commercial production is set to begin in August 2025, and an investor visit is planned to showcase the facility and discuss potential growth plans and acquisitions.