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Jash Engineering Ltd. secures orders worth ₹44 crores in September 2023

Oct 10, 2023

By: BlinkX Research Team

Jash Engineering Ltd. has reported robust order inflows for the month of September 2023, further strengthening its position in both domestic and international markets.

September Order Highlights:

Consolidated orders worth Rs. 44 crores were received during the month.

Of this total, Rs. 19 crores worth of orders were secured in the Indian market, while Rs. 25 crores worth of orders were obtained from international markets.

Key contributors to this month's order book include Suez India (Gurugram), Vishvaraj Environment (Mumbai), and Larsen & Toubro Ltd. (Chennai) from India, as well as North Field East Technip (USA), BSA Adder (USA), and MSD Floodwall (USA) from the international market.

Current Order Book:

As of October 1, 2023, Jash Engineering's consolidated order book stands at an impressive Rs. 837 crores.

Of this total, Rs. 240 crores worth of orders are from the Indian market, and Rs. 597 crores worth of orders are from international markets.

Notably, the company has secured orders worth Rs. 378 crores for the USA market, with the remaining Rs. 219 crores constituting orders for the rest of the world.

Future Orders in Negotiation:

Jash Engineering is in advanced negotiations with clients for orders worth Rs. 29 Cr.

Out of this, Rs. 16 Cr pertains to the Indian market, while Rs. 13 Cr is for projects outside India.

It's important to note that once these negotiations conclude and formal purchase orders are received, the company will update its order book accordingly.

The company's ability to secure substantial orders in diverse markets underscores its strong market presence and continued growth prospects. These developments align with Jash Engineering's commitment to providing high-quality engineering solutions.