JASH ENGINEERING LIMITED

Designs and manufactures water-control and process equipment such as gates, penstocks, valves and related engineered products used in water and wastewater infrastructure. Revenue in FY26 was Rs 736.19 cr, split between sales outside India at Rs 408.89 cr (55.5% of segment revenue) and within India at Rs 327.30 cr (44.5%). The business runs a US subsidiary, Rodney Hunt Inc, and has expanded through acquisitions including WesTech Process Equipment India (renamed Jash Process Equipment, January 2026) and Penstocks (UK) Limited (April 2026). Key clients cited include Laxmi Civil, VA Tech Wabag and Al Raida Qatar. The cost base is dominated by materials at 44.7% of revenue, followed by employees at 20.1% and other operating expenses at 21.9%. The consolidated order book stood at Rs 912 cr as of 1 July 2026, of which Rs 628 cr came from international markets including Rs 377 cr from the USA, Rs 36 cr from the UK and Rs 18 cr from Austria. Capacity expansion is underway at the Chennai plant and SEZ Pithampur, with new plants planned in Saudi Arabia and Houston by FY28.