AGM ppt:
Very good conversation of Pratik Patel Sir.
4 Likes
Really Great Interview.
Lot of doubts were cleared in this interview.
1 Like
You stopped updating this sheet ??
Great to see that Mr Damani has entered at around current valuation. This has given conviction to me for holding this stock for long time.
Water is becoming scarce day by day and hence the business has a decade long run way. Management is confident and experienced.
Infinite opportunities in this sector provided they execute well.
Just read the articles accross water treatment and processing sector and you can visualise billion dollar opportunities spread over decades to come.
Disclosure: Invested recently with a very very long term view and holding is 5% of my portfolio.
8 Likes
https://nsearchives.nseindia.com/corporate/JASH_31012024124154_CAJASH30012024.pdf
Subject : Clarification in respect to false rumors about JASH Engineering Limited raising Rs. 500 crores
1 Like
https://nsearchives.nseindia.com/corporate/JASH_02022024153356_JASHBMOUTCOME.pdf
Q3 results are out and the numbers are promising. Revenues have increased
Q3 CONCAL
2 Likes
Order Book has increased from 603 cr at the end of FY22-23 to 784 cr in FY23-24. Great Numbers. Lets hope this continues in this year.
8 Likes
Who are the competitors to Jash Engineering? Specially the Water Control Gates wich contributes ~50% of its revenues.
Read the FAQ document on their website
1 Like
3 Likes
Absolutely fantastic document. Superbly informative about sector, pitfalls, problem spots and future.
More informative than most reports, concalls.
Just putting out at 15% NPM and 1000 Crores turnover for FY29 which they say is achievable, then fy-29 forward PE will work out to almost 20x which is unreasonably high.
Disclosure: Not Invested, Interested.
3 Likes
Any insights on why Jash Engineering promoter holding dropped from 49.44% to 43.65%?Any info would be helpful.
1 Like
It is due to reclassification of certain promoters as Public shareholders. NOT due to any stake sale.
4 Likes
this is due to equity dilution… not promoter selling.
2 Likes