Rs 844 crore order book: Multibagger engineering stock in focus on major updates; Scrip trades at high ROE & high ROCE

On Friday, shares of Jash Engineering gained 0.8 per cent to an intraday high of Rs 587 per share from its previous closing of Rs 582.45. The stock’s 52-week high is Rs 633.85 per share and its 52-week low is Rs 527.05 per share.  

Jash Engineering is poised for significant growth with the announcement of its new Shivpad Manufacturing plant and office at SIPCOT Vallam Vadagal, near Chennai. This expansive 58,500 square feet facility, set to commence commercial production in August 2025, marks a pivotal step in strengthening Jash Engineering's footprint in the municipal treatment process equipment sector. The new plant is expected to dramatically improve delivery timelines and enable the company to undertake larger, more complex projects, including those internationally. To offer stakeholders a comprehensive overview of these advancements, Jash Engineering is hosting an investor visit on Friday, August 8th, from 12:15 PM to 5:00 PM. The event will feature a detailed plant tour, an introduction to WesTech Management, and provide further insights into the potential acquisition of WesTech Process Equipment India Private Limited. Additionally, the company will outline its strategic growth plans, underscoring its commitment to expanding its market presence and capabilities.

The company's robust financial performance in June 2025 further underscores its upward trajectory. Jash Engineering secured consolidated orders worth Rs 69 crore during the month, with significant contributions from both domestic and international markets. Notably, Rs 20 crore worth of orders were from India, including key projects with Welspun - Michigan Engineer - Mumbai, Vishvaraj Environmental - Nagpur, and L&T Constructions - Chennai. International orders accounted for a substantial Rs 49 crore, with major contributions from Flow Control Limited - Hong Kong and CTCI - Taiwan. As of July 1st, 2025, the company's consolidated order book stands at an impressive Rs 844 crore, comprising Rs 294 crore from Indian projects and Rs 550 crore from international ventures. The international order book highlights a strong presence in the USA market with Rs 331 crore, followed by orders from Waterfront-UK (Rs 8 crore), Mahr – Austria (Rs 22 crore), and the remaining Rs 189 crore from other global regions. Furthermore, Jash Engineering has Rs 25 crore in orders currently under negotiation, signalling continued growth prospects in the coming months.

Jash Engineering manufactures equipment for water, wastewater, desalination, stormwater, hydropower, power, steel, cement, paper, petrochemicals, chemicals, fertilisers and other process plants.  According to the financials, Jash Engineering has a market cap of over Rs 3,600 crore. The shares of the company have an ROE of 22 per cent and an ROCE of 25 per cent. The stock gave multibagger returns of over 350 per cent in 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.