Jash Engineering Limited manufactures, trades in, and sells various engineering products for general engineering, water and waste water, power plant, and bulk solids handling industries in India. More Details
Solid track record with adequate balance sheet.
Share Price & News
How has Jash Engineering's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JASH is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: JASH's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: JASH exceeded the Indian Machinery industry which returned 14.7% over the past year.
Return vs Market: JASH exceeded the Indian Market which returned 13.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Jash Engineering's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIs Jash Engineering (NSE:JASH) A Risky Investment?
3 weeks ago | Simply Wall StWe're Watching These Trends At Jash Engineering (NSE:JASH)
1 month ago | Simply Wall StHow Does Jash Engineering Limited (NSE:JASH) Fare As A Dividend Stock?
Is Jash Engineering undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JASH (₹220.45) is trading above our estimate of fair value (₹15.03)
Significantly Below Fair Value: JASH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JASH is good value based on its PE Ratio (18.5x) compared to the IN Machinery industry average (22x).
PE vs Market: JASH is poor value based on its PE Ratio (18.5x) compared to the Indian market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JASH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JASH is overvalued based on its PB Ratio (2.1x) compared to the IN Machinery industry average (1.2x).
How is Jash Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jash Engineering has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Check out Jash Engineering's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Jash Engineering competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Jash Engineering performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JASH has high quality earnings.
Growing Profit Margin: JASH's current net profit margins (5.5%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: JASH's earnings have grown significantly by 21.6% per year over the past 5 years.
Accelerating Growth: JASH's earnings growth over the past year (32.2%) exceeds its 5-year average (21.6% per year).
Earnings vs Industry: JASH earnings growth over the past year (32.2%) exceeded the Machinery industry -13.2%.
Return on Equity
High ROE: JASH's Return on Equity (11.4%) is considered low.
How is Jash Engineering's financial position?
Financial Position Analysis
Short Term Liabilities: JASH's short term assets (₹1.8B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: JASH's short term assets (₹1.8B) exceed its long term liabilities (₹230.0M).
Debt to Equity History and Analysis
Debt Level: JASH's debt to equity ratio (56.4%) is considered high.
Reducing Debt: JASH's debt to equity ratio has reduced from 57.2% to 56.4% over the past 5 years.
Debt Coverage: JASH's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: JASH's interest payments on its debt are well covered by EBIT (3.3x coverage).
What is Jash Engineering current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JASH's dividend (0.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.5%).
High Dividend: JASH's dividend (0.82%) is low compared to the top 25% of dividend payers in the Indian market (2.02%).
Stability and Growth of Payments
Stable Dividend: JASH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JASH's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7.5%), JASH's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pratik Patel (56 yo)
Mr. Pratik Patel is Managing Director and Director at Jash Engineering Ltd. and served as its Director of Marketing. He is the Chairman of Jash Engineering Ltd since June 25, 2020. He is a Director of Shiv...
CEO Compensation Analysis
Compensation vs Market: Pratik's total compensation ($USD91.96K) is above average for companies of similar size in the Indian market ($USD48.77K).
Compensation vs Earnings: Pratik's compensation has increased by more than 20% in the past year.
|MD & Chairman||no data||₹6.78m||22.82% |
|Executive Director||0.83yr||₹415.61k||2.85% |
|Director||25.25yrs||no data||6.51% |
|Independent Non-Executive Director||3.33yrs||₹100.00k||no data|
|Independent Non-Executive Director||3.33yrs||₹50.00k||no data|
|Independent Director||2.33yrs||₹25.00k||no data|
|Independent Non-Executive Director||3.33yrs||₹75.00k||no data|
|Independent Non-Executive Director||3.33yrs||₹50.00k||no data|
Experienced Board: JASH's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Jash Engineering Limited's company bio, employee growth, exchange listings and data sources
- Name: Jash Engineering Limited
- Ticker: JASH
- Exchange: NSEI
- Founded: 1948
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹2.609b
- Shares outstanding: 11.84m
- Website: https://www.jashindia.com
Number of Employees
- Jash Engineering Limited
- 31, Sector-C
- Sanwer Road
- Madhya Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JASH||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 2017|
Jash Engineering Limited manufactures, trades in, and sells various engineering products for general engineering, water and waste water, power plant, and bulk solids handling industries in India. It offers...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/05 12:03|
|End of Day Share Price||2020/12/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.