Jash Engineering Limited
Jash Engineering Limited manufactures, trades in, and sells various engineering products for general engineering, water and wastewater, power plant, and bulk solids handling industries in India and internationally. The company offers water control gates, such as slide/penstock, open channel, weir, and flap gates, as well as stop logs; heavy fabricated gates, including bulkhead, rollers, crest, bu… Read more
Jash Engineering Limited (JASH) - Net Assets
Latest net assets as of September 2025: ₹4.46 Billion INR
Based on the latest financial reports, Jash Engineering Limited (JASH) has net assets worth ₹4.46 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹7.72 Billion) and total liabilities (₹3.27 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹4.46 Billion |
| % of Total Assets | 57.71% |
| Annual Growth Rate | 18.19% |
| 5-Year Change | 179.09% |
| 10-Year Change | 480.25% |
| Growth Volatility | 11.62 |
Jash Engineering Limited - Net Assets Trend (2013–2025)
This chart illustrates how Jash Engineering Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jash Engineering Limited (2013–2025)
The table below shows the annual net assets of Jash Engineering Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹4.36 Billion | +24.23% |
| 2024-03-31 | ₹3.51 Billion | +47.12% |
| 2023-03-31 | ₹2.39 Billion | +27.89% |
| 2022-03-31 | ₹1.87 Billion | +19.40% |
| 2021-03-31 | ₹1.56 Billion | +24.60% |
| 2020-03-31 | ₹1.25 Billion | +11.35% |
| 2019-03-31 | ₹1.13 Billion | +6.29% |
| 2018-03-31 | ₹1.06 Billion | +26.62% |
| 2017-03-31 | ₹837.26 Million | +11.34% |
| 2016-03-31 | ₹751.95 Million | +7.46% |
| 2015-03-31 | ₹699.78 Million | +5.31% |
| 2014-03-31 | ₹664.50 Million | +13.16% |
| 2013-03-31 | ₹587.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jash Engineering Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1748.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.77 Billion | 64.07% |
| Common Stock | ₹125.51 Million | 2.90% |
| Other Components | ₹1.43 Billion | 33.03% |
| Total Equity | ₹4.33 Billion | 100.00% |
Jash Engineering Limited Competitors by Market Cap
The table below lists competitors of Jash Engineering Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEISEN HLDG LTD
F:U8V
|
$142.46 Million |
|
Feedback Technology
TWO:8091
|
$142.49 Million |
|
Oriola Oyj Series B
LSE:0NES
|
$142.50 Million |
|
GRAPHENE MANUFACT.GROUP
F:0GF
|
$142.50 Million |
|
Hong Kong Television Network Ltd
PINK:HKTVY
|
$142.40 Million |
|
Pitti Engineering Limited
NSE:PITTIENG
|
$142.30 Million |
|
STP&I Public Company Limited
BK:STPI
|
$142.29 Million |
|
Greystone Housing Impact Investors LP
NYSE:GHI
|
$142.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jash Engineering Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,512,106,000 to 4,330,140,000, a change of 818,034,000 (23.3%).
- Net income of 876,952,000 contributed positively to equity growth.
- Dividend payments of 140,141,000 reduced retained earnings.
- Share repurchases of 65,221,000 reduced equity.
- New share issuances of 65,221,000 increased equity.
- Other comprehensive income decreased equity by 318,218,000.
- Other factors increased equity by 399,441,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹876.95 Million | +20.25% |
| Dividends Paid | ₹140.14 Million | -3.24% |
| Share Repurchases | ₹65.22 Million | -1.51% |
| Share Issuances | ₹65.22 Million | +1.51% |
| Other Comprehensive Income | ₹-318.22 Million | -7.35% |
| Other Changes | ₹399.44 Million | +9.22% |
| Total Change | ₹- | 23.29% |
Book Value vs Market Value Analysis
This analysis compares Jash Engineering Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.46x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.49x to 5.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹49.61 | ₹371.75 | x |
| 2014-03-31 | ₹56.14 | ₹371.75 | x |
| 2015-03-31 | ₹59.11 | ₹371.75 | x |
| 2016-03-31 | ₹63.53 | ₹371.75 | x |
| 2017-03-31 | ₹70.73 | ₹371.75 | x |
| 2018-03-31 | ₹99.69 | ₹371.75 | x |
| 2019-03-31 | ₹95.20 | ₹371.75 | x |
| 2020-03-31 | ₹106.00 | ₹371.75 | x |
| 2021-03-31 | ₹26.36 | ₹371.75 | x |
| 2022-03-31 | ₹30.98 | ₹371.75 | x |
| 2023-03-31 | ₹39.32 | ₹371.75 | x |
| 2024-03-31 | ₹57.39 | ₹371.75 | x |
| 2025-03-31 | ₹68.04 | ₹371.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jash Engineering Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.93%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.73x
- Recent ROE (20.25%) is above the historical average (12.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.54% | 1.82% | 0.64x | 2.18x | ₹-43.82 Million |
| 2014 | 11.63% | 6.82% | 0.95x | 1.80x | ₹10.81 Million |
| 2015 | 10.89% | 6.42% | 0.76x | 2.23x | ₹6.26 Million |
| 2016 | 9.67% | 6.05% | 0.75x | 2.12x | ₹-2.45 Million |
| 2017 | 12.05% | 6.41% | 0.83x | 2.27x | ₹17.14 Million |
| 2018 | 0.32% | 0.20% | 0.74x | 2.19x | ₹-102.65 Million |
| 2019 | 6.83% | 3.15% | 0.91x | 2.38x | ₹-35.72 Million |
| 2020 | 16.02% | 7.60% | 0.93x | 2.27x | ₹75.50 Million |
| 2021 | 19.52% | 10.19% | 0.95x | 2.02x | ₹148.85 Million |
| 2022 | 17.24% | 8.81% | 0.99x | 1.98x | ₹135.11 Million |
| 2023 | 21.66% | 12.86% | 0.90x | 1.88x | ₹278.29 Million |
| 2024 | 19.01% | 12.95% | 0.85x | 1.72x | ₹316.48 Million |
| 2025 | 20.25% | 11.93% | 0.98x | 1.73x | ₹443.94 Million |
Industry Comparison
This section compares Jash Engineering Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $13,652,920,800
- Average return on equity (ROE) among peers: 9.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jash Engineering Limited (JASH) | ₹4.46 Billion | 2.54% | 0.73x | $142.41 Million |
| Aaron Industries Limited (AARON) | $158.89 Million | 23.34% | 0.87x | $9.17 Million |
| Ador Welding Limited (ADORWELD) | $2.35 Billion | 7.84% | 0.61x | $74.72 Million |
| Affordable Robotic & Automation Limited (AFFORDABLE) | $1.13 Billion | 5.71% | 1.11x | $15.98K |
| AIA Engineering Limited (AIAENG) | $10.59 Billion | 17.34% | 0.50x | $1.30 Billion |
| The Anup Engineering Limited (ANUP) | $3.93 Billion | 15.77% | 0.34x | $185.19 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $43.62 Million | 14.95% | 2.96x | $3.43 Million |
| Azad Engineering Limited (AZAD) | $13.93 Billion | 6.27% | 0.34x | $468.30 Million |
| Bharat Heavy Electricals Limited (BHEL) | $52.96 Billion | 12.43% | 1.30x | $4.21 Billion |
| Cummins India Limited (CUMMINSIND) | $42.83 Billion | 17.34% | 0.41x | $7.17 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $8.61 Billion | -21.42% | 2.62x | $116.63 Million |