Jash Engineering Limited

Pratik Patel

CHAIRMAN AND MANAGING DIRECTOR

Dharmendra Jain

CHIEF FINANCIAL OFFICER

Axel Schuette

DIRECTOR

42%

it gives you an idea of what we have done in the H1 2023. Water Control Gates business is around 42% in H1 as compared to FY22 when it was 50%. 50% was for the full year whereas this year half yearl

50%

n the H1 2023. Water Control Gates business is around 42% in H1 as compared to FY22 when it was 50%. 50% was for the full year whereas this year half yearly as of today is 42%. Screening Equipment

25%

r half yearly as of today is 42%. Screening Equipment has substantially increased, earlier it was 25% it has gone to 34%. Valves is nearly the same last year was 14% as of now it is 13% and other e

34%

oday is 42%. Screening Equipment has substantially increased, earlier it was 25% it has gone to 34%. Valves is nearly the same last year was 14% as of now it is 13% and other equipment which is com

14%

ntially increased, earlier it was 25% it has gone to 34%. Valves is nearly the same last year was 14% as of now it is 13% and other equipment which is comprising of Process equipment, Hydropower and

13%

arlier it was 25% it has gone to 34%. Valves is nearly the same last year was 14% as of now it is 13% and other equipment which is comprising of Process equipment, Hydropower and pumping items thes

10%

equipment which is comprising of Process equipment, Hydropower and pumping items these is around 10% now and it was last year around 11%. So, this shows that we are still maintaining our products sp

11%

ocess equipment, Hydropower and pumping items these is around 10% now and it was last year around 11%. So, this shows that we are still maintaining our products spread. At the same time Water Control

Rs.48.5 crore

d Far & Southeast Asia. The export market is growing for us gradually and we have achieved around Rs.48.5 crores revenue from exports in the first half year. Coming to the financial performance, we move to t

Rs.80.6 crore

ncial performance, we move to the standalone performance on Jash first. We have had a growth from Rs.80.6 crores to Rs.105 crores which is a significant growth, in percentage terms it is close to 30%. We have

Rs.105 crore

we move to the standalone performance on Jash first. We have had a growth from Rs.80.6 crores to Rs.105 crores which is a significant growth, in percentage terms it is close to 30%. We have significant imp

30%

Rs.80.6 crores to Rs.105 crores which is a significant growth, in percentage terms it is close to 30%. We have significant improvement in PAT in the standalone, the reason for that is the raw materia

“I would like to say that generally we have revenue of Rs.123 crores and our projection for the year is Rs.430 crores.”

“So we expect further improvement in our EBITDA and margins as well as in profitability because more than 2.5 times of our first half revenue will come in the second half and that should improve financial situation significantly because of overhead remaining constant, raw material now being low and orders with profitability increasing.”

“Our order pipeline is also quite strong, infact in the coming few months most of the big projects which were awarded in India are going in finalization and we expect that in the next 4-5 months, we would have significantly higher order booking than what we had over the last few months.”

“However, by the end of December we will be in a position to give a better projection on the combined revenue for the year but we still maintain between Rs.420-440 crores should be our revenue for the year.”

“So, Rodney Hunt is becoming stronger and stronger and we hope to become number two by next year in American market.”

“We have already shortlisted land in Houston and this land in Houston we would like to set up a new plant in America and hopefully this plant will be completed by 24-25 further enhancing our capability in America.”

“Houston has significantly improved and now we have got a good team in place to meet next year revenue target of $26 million.”

“The product will be manufactured by Jash Engineering Limited and marketed by the joint venture Company.”

“However, this will be accounted for in Q3 and we expect that should significantly improve the performance of the subsidiary company as well as the consolidated results of the main Company.”

“Overall I would like to say that we expect very strong demand for our products worldwide.”

Pratik Patel

46

Siddesh Chawan

15

Jiten Parmar

14

Navin

7

Devam Modi

7

Sanjay Shah

6

Niteen Dharmawat

5

Zaki Nasser

5

Alisha

5

Faizal

5

Pratik Patel

Good evening, everybody. Thanks for sparing your time and attending this call on the first half yearly/second quarter results of Jash Engineering Limited. I am pleased to present to you financials of the quarter. I will directly go to the financials because the standard presentation format also has details about the product and about the Company. So, rather than going through the same I will go from the products and the market share of the products. I will start from this slide so that it gives you an idea of what we have done in the H1 2023. Water Control Gates business is around 42% in H1 as compared to FY22 when it was 50%. 50% was for the full year whereas this year half yearly as of today is 42%. Screening Equipment has substantially increased, earlier it was 25% it has gone to 34%. Valves is nearly the same last year was 14% as of now it is 13% and other equipment which is comprising of Process equipment, Hydropower and pumping items these is around 10% now and it was last year a

Siddesh Chawan

Thank you Sir. We will now begin the question-and-answer session. A gentle reminder to all the participants to ask question please select the raise hand option. The first question is from Niteen Dharmawat, please go ahead.

Niteen Dharmawat

Thank you for the opportunity. Sir, we have announced, this new investment in the USA so what kind of Capex we have planning for this. Jash Engineering Limited

Niteen Dharmawat

Okay. And this will be in which financially year, next financial year entire amount or will it be spread over multiple years?

Pratik Patel

It will spread over 2 years. In US it's not possible to build up things so fast as we do it in India. So, this investment would be spread over two years.

Pratik Patel

We are working on to two options. One option is, that someone makes the plant for us and gives to us on a long-term lease of 10 years that option has also been investigated and the other option is we go for long term financing.