NSEI:JASH

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Executive Summary

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


Snowflake Analysis

Solid track record with adequate balance sheet.


Similar Companies

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.9%

JASH

2.4%

IN Machinery

-0.2%

IN Market


1 Year Return

75.6%

JASH

-4.1%

IN Machinery

0.2%

IN Market

Return vs Industry: JASH exceeded the Indian Machinery industry which returned -4.1% over the past year.

Return vs Market: JASH exceeded the Indian Market which returned 0.2% over the past year.


Shareholder returns

JASHIndustryMarket
7 Day-0.9%2.4%-0.2%
30 Day12.6%2.2%4.8%
90 Day44.8%12.1%6.9%
1 Year78.7%75.6%-2.4%-4.1%2.0%0.2%
3 Year6.6%1.9%-21.9%-25.3%-2.4%-7.2%
5 Yearn/a6.5%-0.5%39.9%29.3%

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

Valuation

Is Jash Engineering undervalued compared to its fair value and its price relative to the market?

15.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JASH (₹202.2) is trading above our estimate of fair value (₹13.82)

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 (15.8x) compared to the IN Machinery industry average (18.7x).

PE vs Market: JASH is good value based on its PE Ratio (15.8x) compared to the Indian market (16.4x).


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 (1.9x) compared to the IN Machinery industry average (1.1x).


Next Steps

Future Growth

How is Jash Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.9%

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.


Next Steps

Past Performance

How has Jash Engineering performed over the past 5 years?

22.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JASH has high quality earnings.

Growing Profit Margin: JASH's current net profit margins (6.1%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: JASH's earnings have grown significantly by 22.9% per year over the past 5 years.

Accelerating Growth: JASH's earnings growth over the past year (108.7%) exceeds its 5-year average (22.9% per year).

Earnings vs Industry: JASH earnings growth over the past year (108.7%) exceeded the Machinery industry -18.1%.


Return on Equity

High ROE: JASH's Return on Equity (12.3%) is considered low.


Next Steps

Financial Health

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 (₹230.1M).


Debt to Equity History and Analysis

Debt Level: JASH's debt to equity ratio (61.3%) is considered high.

Reducing Debt: JASH's debt to equity ratio has increased from 56.5% to 61.3% over the past 5 years.

Debt Coverage: JASH's debt is well covered by operating cash flow (24%).

Interest Coverage: JASH's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Jash Engineering current dividend yield, its reliability and sustainability?

0.89%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JASH's dividend (0.89%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: JASH's dividend (0.89%) is low compared to the top 25% of dividend payers in the Indian market (2.29%).


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 2 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.7%), JASH's dividend payments are well 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average board tenure


CEO

Pratik Patel (56 yo)

no data

Tenure

₹6,784,021

Compensation

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 ($USD92.11K) is above average for companies of similar size in the Indian market ($USD54.82K).

Compensation vs Earnings: Pratik's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Pratik Patel
MD & Chairmanno data₹6.78m22.82%
₹ 553.6m
Suresh Patel
Executive Director0.67yr₹415.61kno data
Axel Schutte
Director25.08yrsno data6.51%
₹ 157.8m
Brij Maheshwari
Independent Non-Executive Director3.17yrs₹100.00kno data
Sunita Kishnani
Independent Non-Executive Director3.17yrs₹50.00kno data
Vishwapati Trivedi
Independent Director2.17yrs₹25.00kno data
Durgalal Manwani
Independent Non-Executive Director3.17yrs₹75.00kno data
Sunil Choksi
Independent Non-Executive Director3.17yrs₹50.00kno data

3.2yrs

Average Tenure

66yo

Average Age

Experienced Board: JASH's board of directors are considered experienced (3.2 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Jash Engineering Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jash Engineering Limited
  • Ticker: JASH
  • Exchange: NSEI
  • Founded: 1948
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹2.426b
  • Shares outstanding: 11.84m
  • Website: https://www.jashindia.com

Number of Employees


Location

  • Jash Engineering Limited
  • 31, Sector-C
  • Sanwer Road
  • Indore
  • Madhya Pradesh
  • 452015
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JASHNSEI (National Stock Exchange of India)YesEquity SharesININROct 2017

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 12:42
End of Day Share Price2020/10/28 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.