AnnouncementSep 2026
Sep 2026 · Corporate Announcement 9 Oct - September 2026 orders were Rs. 102 Cr; order book stood at Rs. 944 Cr as of 1 October 2026.
Source: Bse
Jash Engineering Limited (JASH)
Small CapIndustrials stocks · Small cap · NSE
Jash Engineering Limited operates in Water Control Products, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹508.6
-26.55 · -4.96%
Market cap ₹3,444 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals17 Oct 2026 · screener
Latest result25 Aug, 12:21 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
54NeutralSMA20 +14.9% / mo · MACD −
Stock trend: 59
Sector RS: 46
Sector 3M: -7.1% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
JASHD candles · FIT view+20.0%Latest close ₹508.60 on 2026-10-21
Bar
-5.0%
RSI
38
MACD hist
-9.97
52W pos
62%
2026-10-21O ₹535.60H ₹543.20L ₹504.15C ₹508.60Vol 2.0L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
JASHNifty India ManufacturingNifty 500
- JASH
- -2.0%
- Nifty 500
- -6.5%
- Nifty India Manufacturing
- -7.7%
- Vs Nifty 500
- +4.5 pp
Chart stats
21 Oct 2026- From 52W high
- -17.9%
- 52W range position
- 62%
- ATR (14)
- 4.7%
- Volume vs 20D
- 0.18x
- Avg traded value
- ₹22.5 Cr
- 20D price channel
- ₹504.2 - ₹619.4
₹619.4
₹327.1 - ₹619.4
₹23.9
Latest completed session
20-session average
37.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST43
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average45
Revenue +17.4% · PAT NDF YoY
Technical
Neutral54
Price trend and sector-relative-strength timing.
Valuation
Legacy model+5.1%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence67
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Average · 45/100Rev +17% YoY · margin expansion
Filed 24 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹149.9 Cr | +17.4% | -48.4% |
| EBITDA | ₹8.1 Cr | +297.1% | -88.3% |
| Operating margin | 5.4% | +860 bps | -1833 bps |
| PAT | ₹5.1 Cr | NDF | -91.0% |
| PAT margin | 3.4% | +745 bps | -1610 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 40.00
- P/B
- 6.64
- EV/EBITDA
- 26.27
- Market Cap
- 3444.00Cr
Profitability
- ROE
- 16.00%
- ROCE
- 17.70%
- ROA
- 9.78%
- Dividend Y
- 0.29%
Growth (CAGR)
- Revenue 5Y
- 20.00%
- EPS 5Y
- 20.00%
- Revenue 3Y
- 22.00%
- EPS 3Y
- 14.00%
Balance Sheet
- Debt/Equity
- 0.20
- Interest Coverage
- 9.50×
- Altman Z
- 8.05
- Book Value
- 82.10
Cash Flow
- FCF Yield
- 1.36%
- FCF Positive Y
- 7/5
- OCF
- 56.00 Cr
- EPS TTM
- 13.64
Shareholding
- Promoter Hold
- 43.24%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 75%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 150-48.4% vs prev
Net Profit
₹ CrLatest: 5.1-91.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 38. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~12.9% over last month) — short-term momentum positive.
- RSI(14) at 38 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 18% off 52W high · 55% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
75
RS percentile
Stage 2 UptrendEstablished S2
1M return
-11.7%
3M return
-2.0%
6M return
+20.3%
1Y return
+6.4%
RS 1D
-2
RS 20D
-4
Sector rank
#2
Industry rank
#22
Stage evidence
- Price is 7.8% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +5.6%.
50-DMA
price below
200-DMA
price above
S2 entered
30 Jun 2026
S2 age
79 trading sessions
Sector
leading
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 109.76-4.07%
RS vs Nifty 500110
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation2/30
Growth12/25
Quality11/20
Balance Sheet8/15
Cash Flow5/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
43
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
43/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Quality contributes 11/20 to the score.
- Balance sheet contributes 8/15 to the score.
Main drags
- Valuation is weaker at 2/30; verify the latest quarterly trend.
- Growth is weaker at 12/25; verify the latest quarterly trend.
- Cash flow is weaker at 5/10; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
40.0
PB
6.6
EV/EBITDA
26.3
ROE
16.0%
ROCE
17.7%
FCF Yield
1.4%
Debt/Equity
0.2
MoS
+5.1%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
43
Previous: 43
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+5.1%
Previous: +0.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
41
41
41
41
41
41
43
41
41
41
43
43
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹158.73
-220.4% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹536.05
+5.1% MoS
PEG
2.27
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
WINDMACHIN
Small
Windsor Machines Limited
Industrial Machinery
match 62
11
994.0
0.4%
-16342%
OVERVALUED
MACPOWER
Small
Macpower CNC Machines Limited
Industrial Machinery
match 61
53
55.2
21.3%
-19%
FAIR VALUE
HARSHA
Small
Harsha Engineers International Limited
Industrial Machinery
match 60
41
27.3
10.5%
+34%
WATCHLIST
MENONBE
Small
Menon Bearings Limited
Industrial Machinery
match 59
57
36.5
22.3%
+12%
FAIR VALUE
HLEGLAS
Small
HLE Glascoat Limited
Industrial Machinery
match 59
29
75.1
10.6%
-860%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Jash Engineering Limited operates in Water Control Products, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
67Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 52nd percentile of the scored universe and 50th percentile within Industrials. Main check: results consistency is weak at 17/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
73 docs text-extracted · 30 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
52nd percentile
overall median 67 · Industrials: 50th pctile, median 68 · Small: 56th pctile, median 66
Evidence depth
Financial-only
73 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
58
watch · capital discipline
Results
17
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.1%.
- ▸7 years of positive FCF.
Trust risks
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE trend is -5%.
- ▸1/4 latest quarters had positive YoY PAT growth.
- ▸OPM spread across recent quarters is 26.9%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Jash Engineering Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Investor presentation
AGM Presentation 24 Sep - Jash Engineering’s 52nd AGM presentation covers FY26 results, acquisitions, capacity expansion and order book.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Sep
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
AnnouncementAug 2026
Aug 2026 · Corporate Announcement 10 Sep - August 2026 orders of Rs. 66 Cr; order book at Rs. 937 Cr as of 1 September 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Aug
Source: Bse
Investor presentation
Announcement under Regulation 30 (LODR)-Investor Presentation 11 Aug
Source: Bse
Investor presentationJun 2026
Jun 2026 · PPT
Source: Bse
Concall transcriptJun 2026
Jun 2026 · Transcript
Source: Bse
AnnouncementJun 2026
Jun 2026 · JASH : Jash Engineering Limited Has informed Regarding ''Corporate Announcement''. 9 Jul - June 2026 orders were Rs 91 Cr; order book stood at Rs 912 Cr; first USD 540,785 tariff refund claimed.
Source: Bse
Investor presentationJun 2026
Jun 2026 · PPT
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.