Jash Engineering Limited has informed the Exchange about Transcript
JASH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jash Engineering reported strong FY25 results with consolidated revenue up 43% YoY, EBITDA up 31%, and PAT up 30%. The company has set an order book of Rs.838 crore (Rs.546 cr international, Rs.292 cr domestic), with an additional Rs.59 crore in negotiated orders and Rs.78 crore under negotiation. Management guided FY26 revenue of Rs.860 crore, with EBITDA margin target of 21-24% and PAT margin of 12-14%. Near-term margin pressure was attributed to three loss-making/lower-margin orders: a Rs.50 crore Tata Nuclear project, Rs.15 crore Suez project, and Rodney Hunt's Kansas project (people shortage impacted execution). The company is investing in US capacity expansion (Houston plant, USD 4-4.5 million) to comply with the BABA Act and mitigate US tariff impact of Rs.8-10 crore. Management also disclosed plans for two new acquisitions (one UK, one India) and is exploring entry into Saudi Arabia.
Positive near-term on order book visibility and revenue growth outlook. Near-term margins may remain under pressure in Q1-Q2 FY26 due to remaining execution of stressed orders, but should improve once those complete. Watch US tariff developments and execution of Houston plant for medium-term margin trajectory.