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Employees: 1,220
Size Jash Engineering (JASH.NS) is an India Industrials company (Industrial Machinery) with a market value of $362M, the 978th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹540.80 on 6 Nov 2026.
Performance Over six months the shares gained 28.5%, against -22.4% for the median peer and 0.0% for the India market (cap-weighted) — highest of 20 in its peer set.
Growth Revenue grew 1.4% over the last twelve months (peer median +4.0%); the operating margin is 12.3% (peer median 5.5%).
Valuation It trades at 31.3× forward earnings against a peer median of 25.7× (3rd most expensive of 8).
Price implies For today's price to make sense, revenue must grow about 29% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 3.0 points above its cost of capital (10.6% WACC).
Next results Next results expected around 5 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹7.58B | ₹7.36B | ₹7.35B | ₹5.16B | ₹4.02B |
| Revenue growth | — | 0% | +43% | +28% | — |
| Gross profit | ₹2.63B | ₹1.88B | ₹2.04B | ₹1.53B | ₹1.07B |
| EBITDA | ₹1.14B | ₹1.07B | ₹1.30B | ₹1.01B | ₹645M |
| Net income | ₹861M | ₹762M | ₹877M | ₹668M | ₹517M |
| Free cash flow | n/a | ₹100M | ₹35.0M | ₹259M | ₹98.1M |
| Capital expenditure | n/a | ₹371M | ₹439M | ₹244M | ₹161M |
| Total debt | n/a | ₹1.03B | ₹990M | ₹801M | ₹819M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | JASH.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.7% | -9.1% | 9th highest of 21 |
| 6-month return | +28.5% | -22.4% | highest of 20 |
| Distance from 52-week high | -12.7% | -35.1% | 3rd highest of 21 |
| Revenue growth (TTM) | +1.4% | +4.0% | 9th lowest of 21 |
| Operating margin | 12.3% | 5.5% | 5th highest of 21 |
| Forward P/E | 31.3× | 25.7× | 3rd most expensive of 8 |
| Growth the price implies (Req g, 7 yrs) | 28.8% | -0.8% | 2nd most demanding of 9 |
| Growth delivered (Del g) | +19.8% | +8.0% | highest of 9 |
| Hurdle (Req g minus delivered) | +9.0 pp | -9.7 pp | 3rd most demanding of 9 |
| ROIC minus cost of capital | +3.0 pp | -3.6 pp | 8th highest of 21 |
| EV / EBITDA | 29.9× | 12.0× | 3rd most expensive of 13 |
| Net debt / EBITDA | -0.0× | 0.1× | 7th least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jash Engineering JASH.NS | India | $362M | +29% | +1% | 12% | 31.3× | 28.8% | +19.8% |
| Pitti Engineering PITTIENG.NS | India | $361M | -9% | +15% | 11% | 25.7× | n/a | n/a |
| Sunpower 5GD.SI | Singapore | $360M | +11% | 0% | 22% | n/a | -12.8% | +17.8% |
| Sichuan Kexin Mechanical & Electrical Equipment 300092.SZ | China | $363M | -38% | -1% | 6% | 28.3× | n/a | n/a |
| Tsubakimoto Kogyo 8052.T | Japan | $359M | +6% | -1% | 5% | n/a | n/a | n/a |
| Prince Pipes And Fittings PRINCEPIPE.NS | India | $359M | +15% | +5% | 5% | 22.8× | 22.6% | +4.6% |
| Guangzhou Tech-Long Packaging Machinery 002209.SZ | China | $359M | -22% | +8% | 8% | n/a | 1.0% | +14.7% |
| Energy Recovery ERII | United States | $365M | -22% | -15% | 16% | n/a | 1.5% | +2.6% |
| HLB innoVation 024850.KS | South Korea | $366M | -38% | +21% | -106% | n/a | n/a | n/a |
| Bystronic BYS.SW | Switzerland | $366M | -23% | -2% | -6% | n/a | n/a | n/a |
| Shanghai Automobile Air-Conditioner Accessories 603107.SS | China | $357M | -18% | +3% | 6% | n/a | -4.6% | +13.5% |
| Lanpec Technologies 601798.SS | China | $370M | -24% | +33% | 4% | n/a | 43.1% | -3.3% |
| Heidelberger Druckmaschinen HDD.DE | Germany | $370M | -23% | -5% | 2% | 34.2× | n/a | n/a |
| Robostar 090360.KS | South Korea | $371M | -29% | +26% | -2% | n/a | n/a | n/a |
| Rieter RIEN.SW | Switzerland | $371M | -31% | +20% | -4% | n/a | n/a | n/a |
| NORMA NOEJ.DE | Germany | $353M | -23% | -21% | -4% | 45.3× | -8.6% | -2.9% |
| Junhe Pumps 603617.SS | China | $352M | -21% | +9% | 5% | n/a | n/a | n/a |
| Zhejiang Tongxing Technology 301252.SZ | China | $372M | -17% | +34% | 7% | n/a | n/a | n/a |
| Symphony SYMPHONY.NS | India | $373M | -37% | +2% | 12% | 24.0× | n/a | n/a |
| Mimaki Engineering 6638.T | Japan | $351M | +25% | +1% | 12% | 7.2× | -2.7% | +11.4% |
| ReTech Environmental Solutions 7934.TWO | Taiwan | $350M | n/a | +13% | 16% | n/a | n/a | n/a |