Multibagger stock: If you are looking for a better stock for investment, then you can monitor Jash Engineering shares. This stock has given strong returns to its investors in a short time. The company’s shares saw a decline of 4.23 per cent on 3 February today and this stock has closed at Rs 547 on BSE. The company’s market cap is Rs 3,422.18 crore. Its 52-whee high is Rs 665 and 52-wheel is Rs 312.82.
Jash Engineering Business
Jash Engineering is a small-cap stock that works to create a variety of equipment for water and wastewater management, including pumping stations, treatment plants and water desalination systems. The company is actively working in global markets, and exports to more than 45 countries, contributing to stable environmental solution. The company has a market share of 65-70% in Water Control Gates. The company is at 5th position in the US. The company has an order book of ₹ 873 crore till 1 November 2024.
What is Jash Engineering Plan
The purpose of Jash Engineering is to increase its revenue from ₹ 522 crore to fy28 to ₹ 1,000 crore in FY24. For this, the company will establish two new manufacturing facilities by FY26, one in Chennai and the other in Pithapur SEZ, which will increase production capacity.
Extension is being focused on the Middle East and Southeast Asia, especially stronger possibilities in Vietnam and growth in future Cambodia and Indonesia. The company has partnered with Germany’s Invent, giving the company an opportunity to provide secondary treatment equipment in India, and is expected to have an additional revenue ₹ 25-50 crore through it.
In addition, Singapore is aimed at availing the sea level security projects, which are scheduled to start from 2026–27. To expand the US operations, the company is planning to set up a new plant, so that the needs of the Build America, Buy America (BABA) Act can be met by 2029.
Jash Engineering Financial
The revenue of Jash Engineering increased from ₹ 95 crore to ₹ 140 crore in Q2Fy24, which is 47.37% annually. At the same time, the company’s net profit increased from ₹ 9 crore to ₹ 16 crore in Q2Fy25, which is an increase of 77.78 percent. The company’s revenue and net profit has registered an increase of 15.78% and 52.57% according to CAGR in the last 5 years.
Money increased by 27 times in about 5 years
On 27 March 2020, a share of Jash Engineering was just Rs 20.06, which has increased to Rs 547 in today’s time. This means that investors have received a strong return of 2626 percent during this period. During this time, investors’ money has increased by about 27 times. This means that if you had put one lakh rupees in this stock about 5 years ago, today your amount would have increased to about 27 lakh rupees.
Disclaimer: Here information provided is given on the basis of share performance. It is necessary to state that the investment in the market is subject to market risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.