Manufactures engineered products and provides engineering, procurement and construction (EPC) services from India, after exiting its Material Handling business through the sale of subsidiary JECL Engineering Limited in February-March 2026. FY26 consolidated revenue was Rs 246.64 crore; on a standalone basis reported revenue declined to Rs 20,047 lakh but profit was inflated by a Rs 3,402 lakh exceptional gain from the JECL sale. The remaining operating divisions are the Engineered Products Division (EPD) and EPC; at Q1 FY27 the order book stood at Rs 8,190 lakhs in EPD and Rs 7,041 lakhs in EPC. A small MHE Rentals stream that contributed roughly Rs 3 crore per quarter was wound down as part of the JECL divestment. The board has also approved development of a 6,921 sqm land parcel in Thane into a Real Estate/IT-ITES Business Park and declared a total FY26 dividend of Rs 5 per share. Incorporated in 1907 and listed on BSE, the company carries Rs 1.85 crore in outstanding borrowings and reported near-zero capex in FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Engineered Products Division (EPD), EPC (Engineering, Procurement and Construction), Material Handling, MHE Rentals. Small, transitioning industrial manufacturer that has divested its material handling operations and is concentrating on engineered products and EPC, with an adjacent foray into commercial real estate.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 124 | 172 | 187 | 239 | 247 |
| EBITDA (ex other income) | 11 | 14 | 18 | 29 | 49 |
| margin % | 8.6 | 8.3 | 9.5 | 12.0 | 19.9 |
| Owners' profit | 0 | 7 | 10 | 0 | 31 |
| EPS, as reported (₹) | 24.17 | 39.00 | 20.00 | 17.58 | 28.28 |
| ROE % · ROCE % | 12.7 · 18.7 | 18.5 · 26.8 | 17.1 · 23.9 | 22.4 · 31.5 | 19.8 · 27.7 |
| Debt / equity (x) | 0.23 | 0.14 | 0.27 | 0.29 | 0.05 |
| Cash from operations | 6 | 11 | 2 | 5 | (10) |
| Capex | (3) | (1) | (5) | (2) | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56 | 63 | 52 | 68 | 56 | 54 | 78 | 61 |
| Profit before tax | 5 | 7 | 6 | 6 | 1 | 2 | 2 | 38 |
| Net profit | 4 | 5 | 4 | 5 | 0 | 1 | 1 | 31 |
| EPS (₹) | 7.45 | 10.49 | 4.17 | 4.59 | 0.32 | 1.17 | 0.98 | 27.81 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| (a) Material Handling | 49 | 19.5 |
| (b) Engineered Products | 60 | 24.1 |
| (c) MHE Rentals | 6 | 2.5 |
| Material Handling | 53 | 21.2 |
| Engineered Products | 75 | 30.1 |
| MHE Rentals | 6 | 2.6 |
| Total, before eliminations | 248 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 27 Aug 2026 · 119th AGM and e-voting details published; Rs 5 per share dividend proposed | compliance | minimal | — | — |
| 26 Aug 2026 · Josts Engineering FY26 Annual Report: PAT Nearly Doubles, Total Dividend Rs 5 per Share | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Josts Engineering incorporates wholly owned subsidiary Josts Techno Solutions | strategic transactions | low | — | — |
| 20 Aug 2026 · Notice of 119th Annual General Meeting on September 18, 2026 | compliance | minimal | — | — |
| 31 Jul 2026 · Josts Q1 FY26-27 results: Standalone revenue up 26%, PAT jumps 4x | results | medium | — | — |
| 31 Jul 2026 · Josts Engineering Q1 FY27 results: Revenue and profit up year on year | compliance | minimal | — | — |
| 30 Jul 2026 · Board approves Q1 results, reappoints Chairman and MD/CEO for five years | management changes | high | — | — |
| 30 Jul 2026 · Q1 results, leadership re-appointed, AGM set for Sept 18, 2026 | management changes | medium | — | — |
| 30 Jul 2026 · Record date fixed 11 Sep 2026 for AGM and FY26 dividend eligibility | corporate actions | medium | — | — |
| 30 Jul 2026 · Josts Engineering Q1 FY27 results: PAT up over 4x to Rs 252 lakh | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| ADITYA INFOTECH LIMITED |
| 45,150 |
| 93.8 |
| 24.06 |
| 77.9 |
| 19.6 |
| 24.5 |
| — |
| 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.5 | 26.9 | 17 of 138 | 88% |
| P/B | 1.7 | 3.5 | 32 of 111 | 72% |
| ROCE | 24.7 | 11.3 | 18 of 144 | 88% |
| ROE | 19.8 | 9.5 | 12 of 117 | 91% |
| Debt / Equity | 0.1 | 0.2 | 39 of 117 | 67% |
| EBITDA margin | 65.8 | 12.4 | 2 of 110 | 99% |
| Revenue growth | (10.2) | 20.6 | 92 of 114 | 20% |
| Profit growth | 572.9 | 17.1 | 6 of 109 | 95% |
| Market cap | 269 | 356 | 74 of 140 | 48% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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