Jash Engineering's 9M FY26 consolidated revenue grew 3% to ₹457.1 Cr, driven by strong domestic performance despite a decline in US exports due to tariff uncertainty.
Profit after tax (PAT), however, saw a 63% drop to ₹18.9 Cr.
Management anticipates a 9-10% PAT margin by year-end.
Strategically, Jash is diversifying globally.
It completed the Westech acquisition in India and expects to finalize Penstock UK by March.
A new subsidiary, Rodney Hunt Mahr Industries, was incorporated in Saudi Arabia, aiming for ₹100+ Cr revenue by 2030 from local manufacturing starting Sept 2027. The company also inaugurated a 65,000 sq. ft.
SEZ facility in Pithampur to enhance export capabilities.
A new US-India trade deal is expected to stabilize US business in FY27 by reducing tariffs.
The order book remains healthy at ₹923 Cr, and the FY26 sales outlook is revised upwards to ₹860 Cr.
Jash is actively expanding its global presence and product offerings, including new FRP gates and surge vessels.
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