Jash Engineering Reports FY 25-26 Revenue, FY 26-27 Projections, and Order Book Update

Jash Engineering Reports FY 25-26 Revenue, FY 26-27 Projections, and Order Book Update​

Jash Engineering Limited reported its unaudited revenue for the fiscal year 25-26 and provided projections for FY 26-27, alongside updates on its order book position as of April 1, 2026.

For FY 25-26, the company achieved consolidated unaudited revenue of approximately Rs. 736 Cr. This figure marks a notable difference from the revised revenue projection of Rs. 775-800 Cr. issued in January/February 2026. The reported dip in revenue was attributed to tariff issues in the USA and the ongoing war in the Middle East. These factors reportedly placed dispatches to the Middle East on hold and impacted global shipping and container availability, leading to shipment delays.

The Rs. 736 Cr. revenue figure shows no growth compared to the consolidated audited revenue of Rs. 735 Cr. recorded in FY 24-25. The revenue figure specifically excludes approximately Rs. 35 Cr. worth of orders that were dispatched and invoiced in March 2026 but were not recognized as revenue for FY 25-26 because they did not meet the Incoterms or the delivery cut-off date of March 31. This excluded Rs. 35 Cr. revenue is slated to be considered in the Q-1 revenue of FY 26-27.

Financial Projections and Order Intake​

For FY 26-27, Jash Engineering is projecting a consolidated Sales Revenue Target of Rs. 875 Cr. This represents an approximate growth of 19% over the FY 25-26 revenue. The company stated that this target considers global economic uncertainties, including the potential impact of the war in the Middle East and rising oil prices, which could slow down project execution worldwide.

In March 2026, the company received consolidated orders totaling Rs. 57 Cr. Of this total, Rs. 22 Cr. originated from the Indian market, while Rs. 35 Cr. came from markets outside India. Key contributors to the March 2026 order booking included Llyods Metals-Hedri, Khiladi Infra - Mumbai & Neercare India - New Delhi from India, and Napa floodwalls - USA & Woodland fish passage - USA from the international market.

Order Book and Negotiated Orders​

As of April 1, 2026, the total consolidated order book position stood at Rs. 827 Cr. This encompasses orders worth Rs. 255 Cr. for the Indian market and Rs. 572 Cr. for markets outside India. This figure includes the consolidated order booking of WesTechIndia, which was acquired in February 2026.

The international order book of Rs. 572 Cr. is broken down geographically as follows:


Furthermore, as on April 1, 2026, consolidated orders worth Rs. 40 Cr. were negotiated with clients, and formal purchase orders are awaited. This amount includes Rs. 10 Cr. for the Indian market and Rs. 30 Cr. for projects outside India. The company noted that receiving a formal Purchase Order after negotiation can take up to two months.

Operational Updates​

Regarding the current US tariff situation, following a US Supreme Court ruling, the applicable tariff for the company is approximately 15%, down from an earlier imposition of 50%. Steps have been initiated to claim a refund for the excess tariff charged, as instructed by the Supreme Court ruling.

Due to the current uncertain scenario resulting from the war in the Middle East and the sharp hike in project costs due to tariffs and the war, the company has decided to defer its investment plans for the manufacturing facility in the USA until the situation stabilizes. Similarly, the investment plans for the manufacturing facility in Saudi Arabia have been deferred pending stabilization of the Middle East situation.

JASH Stock Price Movement​

On Friday, Jash Engineering Limited shares edged higher to close at ₹402.65, marking a 2.45% gain for the day. The stock settled amid notable activity, recording a total volume of 87,889 shares.

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