Jash Engineering has confirmed that its promoters and promoter group did not encumber any shares, directly or indirectly, during the financial year ended March 31, 2026. This disclosure, submitted to the National Stock Exchange of India Limited and BSE Limited, ensures compliance with Regulation 31(4) of the SEBI (Substantial Acquisitions of Shares & Takeovers) Regulations, 2011.

The filing was made by Suresh Patel, a member of the promoter group, on behalf of all promoters and the promoter group. The declaration affirms that no shares were pledged or otherwise encumbered throughout FY26. The company’s Board, through its Company Secretary Tushar Kharpade, facilitated the submission of these disclosures to the exchanges.

Promoter and Promoter Group Details

The disclosure provides a comprehensive list of the individuals and entities that constitute the promoter and promoter group as of March 31, 2026. The list includes 26 names, categorized as either promoters or members of the promoter group.

The absence of encumbrances indicates that the promoter holding remains free from pledges, which is a key metric for assessing the financial stability and governance risk within the company. The disclosures were formally recorded by the exchanges on April 10, 2026.

Jash Engineering has outlined a comprehensive global growth strategy targeting a consolidated revenue of over ₹1500 crore by FY31. The plan, detailed in its Quarterly Newsletter for the quarter ended June 30, 2026, includes establishing manufacturing facilities in Saudi Arabia and Houston by FY28 to bolster international presence and production capacity.

Financial Performance and Outlook

For FY26, the company reported a flat topline of ₹736 crore compared to ₹735 crore in FY25. Profit after tax declined to ₹76 crore from ₹86 crore in the previous year, attributed to external headwinds including US tariff changes and Middle East conflicts. Despite the flat overall revenue, domestic sales grew over 18%, compensating for a drop in export revenue. Looking ahead, the company targets a 19% growth in FY27 to achieve a consolidated revenue of ₹875 crore, supported by a robust order book of over ₹899 crore as of June 27.

Global Expansion Strategy

The company is executing a multi-phased expansion program. Recent acquisitions include WesTech Process Equipment (India) Pvt. Ltd. and Penstocks (UK) Ltd. in early 2026. To support the FY31 revenue goal, Jash Engineering plans to commission new manufacturing plants in Saudi Arabia and Houston by the end of FY28. Additionally, capacity expansion initiatives in FY26, including a greenfield plant in Chennai and a facility in SEZ-Pithampur, are expected to enable a production capability of ₹1200 crore once stabilized.

Operational Highlights

The newsletter highlighted several key operational milestones. The company successfully installed Hyperclassic Mixers at a 50 MLD STP in Jaipur. Its UK subsidiary, Waterfront, supplied Cast Iron Gates for the Mersey Estuary Pollution Alleviation Scheme in Liverpool. Jash Engineering also secured NSF/ANSI/CAN 61 certification for its Butterfly Gates, expanding its certified product portfolio for drinking water systems. Other significant projects include the supply of equipment for the 800 MLD Sea Water Intake Pump House in Mundra and the New Sea Water Intake-3 of Reliance Industries Ltd. in Jamnagar.