Jash Engineering Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 3, 2026, 12:50 pm

Market Cap	2,517 Cr.
Current Price	400
Intrinsic Value	₹631.93
High / Low	699/351
Stock P/E	45.2
Book Value	70.3
Dividend Yield	0.50 %
ROCE	25.0 %
ROE	22.4 %
Face Value	2.00
PEG Ratio	4.34

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Jash Engineering Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Jash Engineering Ltd	2,517 Cr.	400	699/351	45.2	70.3	0.50 %	25.0 %	22.4 %	2.00
BGR Energy Systems Ltd	2,234 Cr.	310	491/69.0		268	0.00 %	25.0 %	%	10.0
Thejo Engineering Ltd	1,777 Cr.	1,638	2,486/1,446	35.2	298	0.31 %	22.1 %	18.2 %	10.0
Bondada Engineering Ltd	3,356 Cr.	301	510/295	17.2	51.8	0.03 %	39.5 %	36.2 %	2.00
Pitti Engineering Ltd	3,364 Cr.	893	1,122/675	32.1	243	0.17 %	15.7 %	15.9 %	5.00
Industry Average	3,729.72 Cr	450.87		36.82	118.78	0.33%	37.74%	16.87%	6.04

All Competitor Stocks of Jash Engineering Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	114	169	64	95	139	217	115	140	181	300	128	158	160
Expenses	94	133	65	81	107	164	111	115	140	242	132	137	144
Operating Profit	20	36	-0	14	32	53	3	25	41	59	-4	20	17
OPM %	18%	21%	-1%	15%	23%	24%	3%	18%	23%	20%	-3%	13%	11%
Other Income	4	5	1	1	2	2	2	4	1	3	5	2	4
Interest	3	3	2	3	3	3	2	3	4	4	3	3	3
Depreciation	3	3	3	3	3	3	3	3	4	7	4	5	5
Profit before tax	19	35	-4	10	28	49	-0	22	35	51	-6	14	13
Tax %	8%	6%	-12%	14%	20%	20%	-121%	28%	-0%	30%	-17%	22%	-1%
Net Profit	17	33	-3	9	23	39	0	16	35	36	-5	11	13
EPS in Rs	2.84	5.52	-0.56	1.42	3.76	6.29	0.08	2.56	5.60	5.76	-0.81	1.77	2.13

Last Updated: March 4, 2026, 7:46 am

Below is a detailed analysis of the quarterly data for Jash Engineering Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 160.00 Cr.. The value appears strong and on an upward trend. It has increased from 158.00 Cr. (Sep 2025) to 160.00 Cr., marking an increase of 2.00 Cr..
For Expenses, as of Dec 2025, the value is 144.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 137.00 Cr. (Sep 2025) to 144.00 Cr., marking an increase of 7.00 Cr..
For Operating Profit, as of Dec 2025, the value is 17.00 Cr.. The value appears to be declining and may need further review. It has decreased from 20.00 Cr. (Sep 2025) to 17.00 Cr., marking a decrease of 3.00 Cr..
For OPM %, as of Dec 2025, the value is 11.00%. The value appears to be declining and may need further review. It has decreased from 13.00% (Sep 2025) to 11.00%, marking a decrease of 2.00%.
For Other Income, as of Dec 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Sep 2025) to 4.00 Cr., marking an increase of 2.00 Cr..
For Interest, as of Dec 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 3.00 Cr..
For Depreciation, as of Dec 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 5.00 Cr..
For Profit before tax, as of Dec 2025, the value is 13.00 Cr.. The value appears to be declining and may need further review. It has decreased from 14.00 Cr. (Sep 2025) to 13.00 Cr., marking a decrease of 1.00 Cr..
For Tax %, as of Dec 2025, the value is -1.00%. The value appears to be improving (decreasing) as expected. It has decreased from 22.00% (Sep 2025) to -1.00%, marking a decrease of 23.00%.
For Net Profit, as of Dec 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 11.00 Cr. (Sep 2025) to 13.00 Cr., marking an increase of 2.00 Cr..
For EPS in Rs, as of Dec 2025, the value is 2.13. The value appears strong and on an upward trend. It has increased from 1.77 (Sep 2025) to 2.13, marking an increase of 0.36.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 3:46 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	113	119	120	158	175	248	278	299	368	402	516	735	746
Expenses	95	99	100	137	166	225	240	248	321	338	417	608	654
Operating Profit	18	20	20	21	9	23	38	52	47	64	99	127	92
OPM %	16%	17%	16%	13%	5%	9%	14%	17%	13%	16%	19%	17%	12%
Other Income	1	1	2	3	5	7	8	3	6	13	6	10	15
Interest	5	6	5	6	7	8	10	10	9	10	11	13	13
Depreciation	3	4	4	4	6	7	8	9	10	11	11	17	21
Profit before tax	10	11	12	15	1	14	28	36	35	56	83	108	72
Tax %	22%	31%	39%	32%	72%	44%	28%	16%	7%	8%	20%	19%
Net Profit	8	8	7	10	0	8	20	31	32	52	67	87	55
EPS in Rs	1.61	1.59	1.52	2.11	0.06	1.30	3.40	5.14	5.39	8.59	10.79	13.97	8.85
Dividend Payout %	17%	20%	26%	0%	348%	23%	14%	12%	13%	14%	13%	14%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	0.00%	-12.50%	42.86%	-100.00%	150.00%	55.00%	3.23%	62.50%	28.85%	29.85%
Change in YoY Net Profit Growth (%)	0.00%	-12.50%	55.36%	-142.86%	250.00%	-95.00%	-51.77%	59.27%	-33.65%	1.00%

Jash Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	20%
5 Years:	21%
3 Years:	26%
TTM:	32%

Compounded Profit Growth
10 Years:	28%
5 Years:	34%
3 Years:	40%
TTM:	16%

Stock Price CAGR
10 Years:	%
5 Years:	72%
3 Years:	52%
1 Year:	24%

Return on Equity
10 Years:	19%
5 Years:	22%
3 Years:	23%
Last Year:	22%

Last Updated: September 5, 2025, 8:05 am

Balance Sheet

Last Updated: December 10, 2025, 2:54 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	10	10	10	10	12	12	12	12	12	12	12	13	13
Reserves	57	60	66	74	94	98	114	144	175	227	339	420	430
Borrowings	21	39	44	52	64	74	84	72	82	82	80	99	112
Other Liabilities	32	47	40	54	61	85	75	88	100	128	173	215	217
Total Liabilities	120	156	160	190	231	269	285	316	369	449	604	747	772
Fixed Assets	57	69	66	86	88	90	101	98	112	116	127	170	200
CWIP	1	0	0	1	1	12	6	12	1	4	6	21	11
Investments	0	0	0	0	0	0	0	0	0	0	6	11	14
Other Assets	62	87	93	103	141	166	177	207	257	329	465	545	546
Total Assets	120	156	160	190	231	269	285	316	369	449	604	747	772

Below is a detailed analysis of the balance sheet data for Jash Engineering Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 13.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 13.00 Cr..
For Reserves, as of Sep 2025, the value is 430.00 Cr.. The value appears strong and on an upward trend. It has increased from 420.00 Cr. (Mar 2025) to 430.00 Cr., marking an increase of 10.00 Cr..
For Borrowings, as of Sep 2025, the value is 112.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 99.00 Cr. (Mar 2025) to 112.00 Cr., marking an increase of 13.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 217.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 215.00 Cr. (Mar 2025) to 217.00 Cr., marking an increase of 2.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 772.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 747.00 Cr. (Mar 2025) to 772.00 Cr., marking an increase of 25.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 200.00 Cr.. The value appears strong and on an upward trend. It has increased from 170.00 Cr. (Mar 2025) to 200.00 Cr., marking an increase of 30.00 Cr..
For CWIP, as of Sep 2025, the value is 11.00 Cr.. The value appears to be declining and may need further review. It has decreased from 21.00 Cr. (Mar 2025) to 11.00 Cr., marking a decrease of 10.00 Cr..
For Investments, as of Sep 2025, the value is 14.00 Cr.. The value appears strong and on an upward trend. It has increased from 11.00 Cr. (Mar 2025) to 14.00 Cr., marking an increase of 3.00 Cr..
For Other Assets, as of Sep 2025, the value is 546.00 Cr.. The value appears strong and on an upward trend. It has increased from 545.00 Cr. (Mar 2025) to 546.00 Cr., marking an increase of 1.00 Cr..
For Total Assets, as of Sep 2025, the value is 772.00 Cr.. The value appears strong and on an upward trend. It has increased from 747.00 Cr. (Mar 2025) to 772.00 Cr., marking an increase of 25.00 Cr..

Notably, the Reserves (430.00 Cr.) exceed the Borrowings (112.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	23	7	6	21	-8	18	18	35	14	34	58	55
Cash from Investing Activity +	-2	-18	-4	-19	-18	-14	-8	-12	-16	-16	-68	-72
Cash from Financing Activity +	-20	11	-1	0	25	-4	-9	-22	2	-13	32	-2
Net Cash Flow	0	0	1	2	-1	-1	1	1	-0	5	22	-18

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-3.00	-19.00	-24.00	-31.00	-55.00	-51.00	-46.00	-20.00	-35.00	-18.00	19.00	28.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	99	128	119	114	124	108	111	117	134	142	111	112
Inventory Days	145	207	246	172	209	189	178	201	157	238	279	209
Days Payable	135	169	147	175	201	181	117	128	121	125	120	92
Cash Conversion Cycle	109	167	218	110	132	116	172	190	170	255	270	229
Working Capital Days	33	20	139	25	58	15	28	64	63	83	76	71
ROCE %	17%	17%	15%	16%	4%	13%	19%	21%	17%	23%	25%	25%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	51.08%	51.01%	50.98%	50.98%	49.44%	43.65%	43.61%	43.52%	43.39%	43.39%	43.40%	43.43%
FIIs	1.21%	1.21%	1.21%	1.21%	1.18%	1.67%	1.58%	2.27%	1.96%	1.96%	2.06%	2.00%
DIIs	3.98%	4.29%	4.03%	3.95%	3.59%	3.53%	0.59%	0.78%	0.90%	1.04%	0.53%	0.49%
Public	43.73%	43.49%	43.78%	43.86%	45.79%	51.16%	54.22%	53.42%	53.75%	53.62%	54.01%	54.09%
No. of Shareholders	5,344	5,641	6,227	6,559	9,692	13,804	20,230	29,613	52,640	53,685	51,487	48,039

Shareholding Pattern Chart

No. of Shareholders

Jash Engineering Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Quant Small Cap Fund	412,817	0.59	56.3	412,817	2025-04-22 17:25:30	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	2.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	13.88	55.36	43.27	27.09	25.78
Diluted EPS (Rs.)	13.88	54.55	42.58	26.70	25.73
Cash EPS (Rs.)	16.58	62.75	51.83	35.06	33.01
Book Value[Excl.RevalReserv]/Share (Rs.)	69.00	283.77	198.44	156.32	132.08
Book Value[Incl.RevalReserv]/Share (Rs.)	69.00	283.77	198.44	156.32	132.08
Revenue From Operations / Share (Rs.)	117.15	416.65	334.15	307.81	252.97
PBDIT / Share (Rs.)	21.99	84.96	64.07	44.28	46.08
PBIT / Share (Rs.)	19.28	76.26	55.22	36.17	38.85
PBT / Share (Rs.)	17.19	67.34	46.96	28.96	30.56
Net Profit / Share (Rs.)	13.87	54.05	42.98	26.95	25.78
NP After MI And SOA / Share (Rs.)	13.97	53.95	42.98	26.95	25.78
PBDIT Margin (%)	18.77	20.39	19.17	14.38	18.21
PBIT Margin (%)	16.45	18.30	16.52	11.75	15.35
PBT Margin (%)	14.67	16.16	14.05	9.40	12.07
Net Profit Margin (%)	11.83	12.97	12.86	8.75	10.19
NP After MI And SOA Margin (%)	11.92	12.94	12.86	8.75	10.19
Return on Networth / Equity (%)	20.25	19.01	21.65	17.23	19.52
Return on Capital Employeed (%)	26.05	25.32	25.86	20.63	24.62
Return On Assets (%)	11.72	11.04	11.52	8.71	9.64
Long Term Debt / Equity (X)	0.01	0.03	0.03	0.06	0.15
Total Debt / Equity (X)	0.18	0.20	0.31	0.40	0.42
Asset Turnover Ratio (%)	1.09	0.97	0.98	0.74	0.72
Current Ratio (X)	1.91	1.90	1.65	1.56	1.57
Quick Ratio (X)	1.24	1.20	1.06	1.08	1.02
Inventory Turnover Ratio (X)	4.20	1.69	1.85	2.09	1.62
Dividend Payout Ratio (NP) (%)	15.98	10.81	8.31	11.80	3.49
Dividend Payout Ratio (CP) (%)	13.38	9.30	6.89	9.07	2.72
Earning Retention Ratio (%)	84.02	89.19	91.69	88.20	96.51
Cash Earning Retention Ratio (%)	86.62	90.70	93.11	90.93	97.28
Interest Coverage Ratio (X)	10.56	9.53	7.76	6.14	5.56
Interest Coverage Ratio (Post Tax) (X)	7.66	7.06	6.21	4.74	4.11
Enterprise Value (Cr.)	3625.91	2073.59	1052.06	658.31	401.12
EV / Net Operating Revenue (X)	4.93	4.02	2.62	1.79	1.34
EV / EBITDA (X)	26.28	19.72	13.65	12.45	7.35
MarketCap / Net Operating Revenue (X)	4.96	4.07	2.51	1.66	1.19
Retention Ratios (%)	84.01	89.18	91.68	88.19	96.50
Price / BV (X)	8.42	5.97	4.23	3.26	2.28
Price / Net Operating Revenue (X)	4.96	4.07	2.51	1.66	1.19
EarningsYield	0.02	0.03	0.05	0.05	0.08

After reviewing the key financial ratios for Jash Engineering Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. It has decreased from 10.00 (Mar 24) to 2.00, marking a decrease of 8.00.
For Basic EPS (Rs.), as of Mar 25, the value is 13.88. This value is within the healthy range. It has decreased from 55.36 (Mar 24) to 13.88, marking a decrease of 41.48.
For Diluted EPS (Rs.), as of Mar 25, the value is 13.88. This value is within the healthy range. It has decreased from 54.55 (Mar 24) to 13.88, marking a decrease of 40.67.
For Cash EPS (Rs.), as of Mar 25, the value is 16.58. This value is within the healthy range. It has decreased from 62.75 (Mar 24) to 16.58, marking a decrease of 46.17.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 69.00. It has decreased from 283.77 (Mar 24) to 69.00, marking a decrease of 214.77.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 69.00. It has decreased from 283.77 (Mar 24) to 69.00, marking a decrease of 214.77.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 117.15. It has decreased from 416.65 (Mar 24) to 117.15, marking a decrease of 299.50.
For PBDIT / Share (Rs.), as of Mar 25, the value is 21.99. This value is within the healthy range. It has decreased from 84.96 (Mar 24) to 21.99, marking a decrease of 62.97.
For PBIT / Share (Rs.), as of Mar 25, the value is 19.28. This value is within the healthy range. It has decreased from 76.26 (Mar 24) to 19.28, marking a decrease of 56.98.
For PBT / Share (Rs.), as of Mar 25, the value is 17.19. This value is within the healthy range. It has decreased from 67.34 (Mar 24) to 17.19, marking a decrease of 50.15.
For Net Profit / Share (Rs.), as of Mar 25, the value is 13.87. This value is within the healthy range. It has decreased from 54.05 (Mar 24) to 13.87, marking a decrease of 40.18.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 13.97. This value is within the healthy range. It has decreased from 53.95 (Mar 24) to 13.97, marking a decrease of 39.98.
For PBDIT Margin (%), as of Mar 25, the value is 18.77. This value is within the healthy range. It has decreased from 20.39 (Mar 24) to 18.77, marking a decrease of 1.62.
For PBIT Margin (%), as of Mar 25, the value is 16.45. This value is within the healthy range. It has decreased from 18.30 (Mar 24) to 16.45, marking a decrease of 1.85.
For PBT Margin (%), as of Mar 25, the value is 14.67. This value is within the healthy range. It has decreased from 16.16 (Mar 24) to 14.67, marking a decrease of 1.49.
For Net Profit Margin (%), as of Mar 25, the value is 11.83. This value exceeds the healthy maximum of 10. It has decreased from 12.97 (Mar 24) to 11.83, marking a decrease of 1.14.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 11.92. This value is within the healthy range. It has decreased from 12.94 (Mar 24) to 11.92, marking a decrease of 1.02.
For Return on Networth / Equity (%), as of Mar 25, the value is 20.25. This value is within the healthy range. It has increased from 19.01 (Mar 24) to 20.25, marking an increase of 1.24.
For Return on Capital Employeed (%), as of Mar 25, the value is 26.05. This value is within the healthy range. It has increased from 25.32 (Mar 24) to 26.05, marking an increase of 0.73.
For Return On Assets (%), as of Mar 25, the value is 11.72. This value is within the healthy range. It has increased from 11.04 (Mar 24) to 11.72, marking an increase of 0.68.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. It has decreased from 0.03 (Mar 24) to 0.01, marking a decrease of 0.02.
For Total Debt / Equity (X), as of Mar 25, the value is 0.18. This value is within the healthy range. It has decreased from 0.20 (Mar 24) to 0.18, marking a decrease of 0.02.
For Asset Turnover Ratio (%), as of Mar 25, the value is 1.09. It has increased from 0.97 (Mar 24) to 1.09, marking an increase of 0.12.
For Current Ratio (X), as of Mar 25, the value is 1.91. This value is within the healthy range. It has increased from 1.90 (Mar 24) to 1.91, marking an increase of 0.01.
For Quick Ratio (X), as of Mar 25, the value is 1.24. This value is within the healthy range. It has increased from 1.20 (Mar 24) to 1.24, marking an increase of 0.04.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.20. This value is within the healthy range. It has increased from 1.69 (Mar 24) to 4.20, marking an increase of 2.51.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 15.98. This value is below the healthy minimum of 20. It has increased from 10.81 (Mar 24) to 15.98, marking an increase of 5.17.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 13.38. This value is below the healthy minimum of 20. It has increased from 9.30 (Mar 24) to 13.38, marking an increase of 4.08.
For Earning Retention Ratio (%), as of Mar 25, the value is 84.02. This value exceeds the healthy maximum of 70. It has decreased from 89.19 (Mar 24) to 84.02, marking a decrease of 5.17.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 86.62. This value exceeds the healthy maximum of 70. It has decreased from 90.70 (Mar 24) to 86.62, marking a decrease of 4.08.
For Interest Coverage Ratio (X), as of Mar 25, the value is 10.56. This value is within the healthy range. It has increased from 9.53 (Mar 24) to 10.56, marking an increase of 1.03.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 7.66. This value is within the healthy range. It has increased from 7.06 (Mar 24) to 7.66, marking an increase of 0.60.
For Enterprise Value (Cr.), as of Mar 25, the value is 3,625.91. It has increased from 2,073.59 (Mar 24) to 3,625.91, marking an increase of 1,552.32.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.93. This value exceeds the healthy maximum of 3. It has increased from 4.02 (Mar 24) to 4.93, marking an increase of 0.91.
For EV / EBITDA (X), as of Mar 25, the value is 26.28. This value exceeds the healthy maximum of 15. It has increased from 19.72 (Mar 24) to 26.28, marking an increase of 6.56.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.96. This value exceeds the healthy maximum of 3. It has increased from 4.07 (Mar 24) to 4.96, marking an increase of 0.89.
For Retention Ratios (%), as of Mar 25, the value is 84.01. This value exceeds the healthy maximum of 70. It has decreased from 89.18 (Mar 24) to 84.01, marking a decrease of 5.17.
For Price / BV (X), as of Mar 25, the value is 8.42. This value exceeds the healthy maximum of 3. It has increased from 5.97 (Mar 24) to 8.42, marking an increase of 2.45.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.96. This value exceeds the healthy maximum of 3. It has increased from 4.07 (Mar 24) to 4.96, marking an increase of 0.89.
For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.02, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Jash Engineering Ltd as of March 5, 2026 is: ₹572.27

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 5, 2026, Jash Engineering Ltd is Undervalued by 43.07% compared to the current share price ₹400.00

Intrinsic Value of Jash Engineering Ltd as of March 5, 2026 is: ₹631.93

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 5, 2026, Jash Engineering Ltd is Undervalued by 57.98% compared to the current share price ₹400.00

Last 5 Year EPS CAGR: 10.43%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 17.67%, which is a positive sign. The company has higher reserves (176.77 cr) compared to borrowings (69.62 cr), indicating strong financial stability. The company has shown consistent growth in sales (329.00 cr) and profit (37.00 cr) over the years.	The stock has a high average Working Capital Days of 56.25, which may not be favorable. The stock has a high average Cash Conversion Cycle of 178.17, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Jash Engineering Ltd:
1. Net Profit Margin: 11.83%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 26.05% (Industry Average ROCE: 37.74%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 20.25% (Industry Average ROE: 16.87%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 7.66
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.24
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 45.2 (Industry average Stock P/E: 36.82)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.18
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Jash Engineering Ltd. is a Public Limited Listed company incorporated on 29/09/1973 and has its registered office in the State of Madhya Pradesh, India. Company's Corporate Identification Number(CIN) is L28910MP1973PLC001226 and registration number is 001226. Currently Company is involved in the business activities of Manufacture of other iron and steel casting and products thereof. Company's Total Operating Revenue is Rs. 474.74 Cr. and Equity Capital is Rs. 12.55 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Engineering - General	31, C-Sector, Industrial Area, Sanwer Road, Indore Madhya Pradesh 452015	Contact not found

Management
Name	Position Held
Mr. Pratik Patel	Chairman & Managing Director
Mr. Suresh Patel	Executive Director
Mr. Vishwapati Trivedi	Independent Director
Mr. Durgalal Tuljaram Manwani	Independent Director
Mr. Brij Mohan Maheshwari	Independent Director
Ms. Sunita Kishnani	Independent Director
Mr. Axel Schutte	Director
Mr. Rahul Patel	Director

FAQ

What is the intrinsic value of Jash Engineering Ltd?

Jash Engineering Ltd's intrinsic value (as of 05 March 2026) is ₹631.93 which is 57.98% higher the current market price of ₹400.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹2,517 Cr. market cap, FY2025-2026 high/low of ₹699/351, reserves of ₹430 Cr, and liabilities of ₹772 Cr.

What is the Market Cap of Jash Engineering Ltd?

The Market Cap of Jash Engineering Ltd is 2,517 Cr..

What is the current Stock Price of Jash Engineering Ltd as on 05 March 2026?

The current stock price of Jash Engineering Ltd as on 05 March 2026 is ₹400.

What is the High / Low of Jash Engineering Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Jash Engineering Ltd stocks is ₹699/351.

What is the Stock P/E of Jash Engineering Ltd?

The Stock P/E of Jash Engineering Ltd is 45.2.

What is the Book Value of Jash Engineering Ltd?

The Book Value of Jash Engineering Ltd is 70.3.

What is the Dividend Yield of Jash Engineering Ltd?

The Dividend Yield of Jash Engineering Ltd is 0.50 %.

What is the ROCE of Jash Engineering Ltd?

The ROCE of Jash Engineering Ltd is 25.0 %.

What is the ROE of Jash Engineering Ltd?

The ROE of Jash Engineering Ltd is 22.4 %.

What is the Face Value of Jash Engineering Ltd?

The Face Value of Jash Engineering Ltd is 2.00.