Josts FY26 Net Profit Rises 78% to ₹3,115 Lakh
Josts Engineering Company reported its audited financial results for the year ended March 31, 2026, showing a consolidated net profit of ₹3,115 lakh, up from ₹1,754 lakh in the previous year. Standalone net profit increased to ₹3,042 lakh from ₹1,608 lakh, with total consolidated income rising to ₹34,855 lakh. The board recommended a total dividend of ₹5 per share, comprising a final dividend of ₹1.25 and a special dividend of ₹3.75, and approved the development of a Real Estate / IT-ITES Business Park on its Thane land.
*this image is generated using AI for illustrative purposes only.
Josts Engineering Company reported its audited financial results for the quarter and financial year ended March 31, 2026. The board approved the standalone and consolidated results along with the recommendation of a dividend. The company also approved the development of a Real Estate / IT-ITES Business Park on its Thane land.
Financial Performance
For the financial year ended March 31, 2026, the company reported a consolidated net profit of ₹3,115 lakh, an increase from ₹1,754 lakh in the previous year. On a standalone basis, the net profit for the year stood at ₹3,042 lakh, compared to ₹1,608 lakh in FY25. The total consolidated income for the year rose to ₹34,855 lakh from ₹23,581 lakh in the prior year.
The exceptional items for the year included a gain on the sale of investment in a subsidiary and brand assignment income. The company also recognized an expense related to the implementation of the Labour Codes, which increased the provision for defined benefit obligations by ₹261 lakh.
Dividend Declaration
The Board of Directors recommended a final dividend of ₹1.25 per equity share (125%) and a special dividend of ₹3.75 per equity share (375%) for the financial year 2025-26. The total dividend payout is ₹5 per share on a face value of ₹1 each. These dividends are subject to the approval of shareholders at the ensuing Annual General Meeting and will be paid within 30 days from the date of the meeting.
Segment Results
The company operates primarily in the Material Handling and Engineered Products segments. For the year ended March 31, 2026, the Engineered Products segment reported a revenue of ₹13,451 lakh, while the Material Handling segment reported revenue of ₹9,934 lakh. The MHE Rentals segment contributed ₹1,279 lakh to the total revenue.
Key Financial Metrics
The following table summarizes the standalone financial results for the year ended March 31, 2026:
| Particulars | Year ended March 31, 2026 (₹ in Lakhs) | Year ended March 31, 2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from operations | 20,047 | 21,733 |
| Total Income | 20,217 | 21,931 |
| Total Expenses | 19,738 | 19,711 |
| Profit before tax | 3,720 | 2,156 |
| Net Profit | 3,042 | 1,608 |
| Basic EPS (₹) | 27.33 | 15.59 |
The board also appointed M/s P C Ghadiali & Co. LLP as the Internal Auditor for the financial year 2026-27.
Historical Stock Returns for Josts Engineering Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.19% | -6.24% | -10.73% | -23.90% | -51.70% | +105.48% |
How will the development of the Real Estate/IT-ITES Business Park on Thane land impact Josts Engineering's revenue mix and long-term profitability beyond its core Material Handling and Engineered Products segments?
Given that standalone revenue from operations declined from ₹21,733 lakh to ₹20,047 lakh while net profit nearly doubled, how sustainable is this profit growth trajectory if operational revenues continue to shrink?
With the exceptional gains from subsidiary investment sale and brand assignment income significantly boosting FY26 profits, what organic growth strategies is the company pursuing to maintain earnings momentum in FY27?
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