Jash Engineering Limited — Investor Meet, 20-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Jash Engineering reported marginal Q3 FY26 revenue growth with lower margins due to US tariffs. Management forecasts FY26 PAT at 9-10% on Rs. 775-800 Cr revenue, expecting a return to 20-24% operating margins next year as US trade uncertainty eases. The company is actively diversifying through Westech acquisition, a nearing Penstock UK deal (~Rs. 5-6 Cr), and a new Saudi Arabian plant. The robust order book stands at Rs. 923 Cr, including ~Rs. 344 Cr from the US. New production capacity at Pithampur and product developments support future expansion, with FY27 revenue targeting Rs. 950 Cr+. Confident outlook despite short-term headwinds.