JASH Engineering records ₹80 crore orders in December; order book hits ₹924 crore
JASH Engineering Limited secured new orders worth ₹80 crore in December 2024, with international markets contributing ₹56 crore and domestic orders accounting for ₹24 crore, the company announced today.
The shares of JASH Engineering Limited were trading at ₹589.25 up by ₹7.90 or 1.36 per cent on the NSE today at 11.30 am.
The engineering firm’s consolidated order book position reached ₹924 crore as of January 1, 2025. Of this, orders from markets outside India comprise ₹604 crore, with the US market representing ₹375 crore. The Indian market accounts for ₹320 crore of the total order book.
Key domestic contributors to December’s order intake include GVPR Engineers from Hyderabad, Aryan Agro Business and Welspun Michigan from Mumbai. International orders were driven by projects including Bianchard Hydroelectric Project, Little Manistee, and Lander Street from the USA.
The company’s UK subsidiary, Waterfront-UK, in which JASH holds an 80 per cent stake, has secured orders worth ₹28 crore. Additionally, JASH has orders worth ₹34 crore under negotiation, split between ₹15 crore for the Indian market and ₹19 crore for international projects. The company typically receives formal purchase orders within two months of negotiations.