
Jash Engineering Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Jash Engineering share price Rs 561.15 (9 October 2026). Base target Rs 593, bull Rs 721, downside risk Rs 453. PE 41.73. 52W range Rs 327.10 to Rs 619.40.
Updated: 9 Oct 2026 • 5:45 pm
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Quick Answer
The Jash Engineering share price target for 2027 is Rs 593, about 5.7% above the current price of Rs 561.15. The bull case is Rs 721, and the downside risk level, which is not a target, is Rs 453. The base case assumes earnings per share grow 4.7% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 41.73. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Jash Engineering target price for 2027 should start with where the stock sits today. At Rs 561.15 on 9 October 2026, it is 9.4% below its 52-week high of Rs 619.40 and 71.6% above its 52-week low of Rs 327.10. That range spans 89% from low to high, so the entry point matters as much as the Jash Engineering price forecast itself.
This article builds the Jash Engineering share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 593 base case and the Rs 721 bull case were reached, along with a downside risk level of Rs 453.
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Jash Engineering Stock Analysis: Company Overview and Key Stats
Jash Engineering (NSE: JASH) has a market capitalisation of Rs 3,578 crore. In FY26 it reported revenue of Rs 756.68 crore and net profit of Rs 75.52 crore. The table collects the figures the Jash Engineering share price target is built on.
| Metric | Value |
|---|---|
| Company | Jash Engineering |
| NSE Ticker | JASH |
| CMP (9 October 2026) | Rs 561.15 |
| 52-Week High | Rs 619.40 |
| 52-Week Low | Rs 327.10 |
| Market Cap | Rs 3,578 crore |
| PE Ratio (TTM) | 41.73 |
| Industry PE | 47.18 |
| Price to Book | 6.89 |
| Return on Equity | 14.68% |
| Debt to Equity | 0.20 |
| EPS (TTM) | Rs 13.57 |
| Dividend Yield | 0.28% |
| 12-Month Base Target | Rs 593 |
| Bull Case | Rs 721 |
| Downside Risk Level (not a target) | Rs 453 |
Why Is Jash Engineering Share Price Target Set at Rs 593 for 2027?
The base-case Jash Engineering stock target of Rs 593 applies a PE multiple of 41.73 to a forward EPS estimate of Rs 14.21. That EPS assumes 4.7% yearly growth, the pace from FY24 to FY26, and puts the target 5.7% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Jash Engineering Target Price: Five Years of Results
Jash Engineering grew revenue from Rs 373.62 crore in FY22 to Rs 756.68 crore in FY26, a compound annual growth rate of 19.3%. Net profit grew faster, from Rs 32.18 crore to Rs 75.52 crore (23.8% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 373.62 | 32.18 | 26.70 | 3.60 |
| FY23 | 415.21 | 51.70 | 42.58 | 6.00 |
| FY24 | 521.97 | 66.77 | 10.91 | 7.20 |
| FY25 | 745.56 | 86.77 | 13.78 | 2.00 |
| FY26 | 756.68 | 75.52 | 11.97 | 1.60 |
FY26 revenue growth was 1.5%, slower than the four-year average of 19.3%, and net profit moved down 13.0%. EPS rose from Rs 10.91 in FY24 to Rs 11.97 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Jash Engineering converted 10.0% of FY26 revenue into net profit, against 11.6% in FY25, within a five-year range of 8.6% to 12.8%. EBITDA margin was 16.2% in FY26 versus 18.5% in FY25.
Balance Sheet and Cash Flow
Debt to equity stands at 0.20, and shareholders' equity grew from Rs 186.67 crore in FY22 to Rs 524.90 crore in FY26. Operating cash flow in FY26 was Rs 56.08 crore against capital expenditure of Rs 37.15 crore, leaving free cash flow of Rs 18.93 crore, or 0.5% of the current market capitalisation. In FY25 free cash flow was Rs 10.28 crore.
Valuation Check for the Jash Engineering Stock Target: PE, Price to Book and ROE
At a PE of 41.73 against an industry PE of 47.18, Jash Engineering trades at a discount to its industry. Price to book is 6.89 on a book value of Rs 82.15 per share, and return on equity is 14.68%. A PE of 41.73 equals an earnings yield of 2.4%, and the FY26 dividend of Rs 1.60 per share gives a yield of 0.28%.
Shareholding Pattern and Institutional Holding
Promoters held 43.24% of Jash Engineering in June 2026, and promoter holding has stayed near 43.24% since June 2025. Foreign institutional investors (FII) held 1.54% and domestic institutions (DII) held 0.32%, which puts total institutional holding at 1.86%. FII holding fell from 1.96% in June 2025 to 1.54% in June 2026. Public shareholders own the remaining 54.91%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.
Jash Engineering Share Price Targets for the Short Term and 12 Months
Short Term Jash Engineering Stock Target Levels: Technical Setup
At Rs 561.15 on 9 October 2026, Jash Engineering trades above its 50-day simple moving average of Rs 517.74 and above its 200-day exponential moving average of Rs 482.85. The 14-day RSI reads 59.1, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 619.40 (52-week high) and the nearest support is Rs 517.74 (50-day simple moving average). A sustained move above Rs 619.40 would improve the short-term setup, while a close below Rs 517.74 would shift attention to the next support.
12 Month Jash Engineering Target Price for 2027
The 12-month target for Jash Engineering is Rs 593: forward EPS of Rs 14.21 at a PE of 41.73. That is 5.7% above Rs 561.15. It would still leave the stock 4.3% below its 52-week high of Rs 619.40.
How EPS Growth and PE Multiple Change the Jash Engineering Target Price
| EPS Growth | PE 33.38 | PE 41.73 | PE 47.99 |
|---|---|---|---|
| 0.0% (EPS Rs 13.57) | Rs 453 | Rs 566 | Rs 651 |
| 4.7% (EPS Rs 14.21) | Rs 474 | Rs 593 | Rs 682 |
| 10.7% (EPS Rs 15.03) | Rs 502 | Rs 627 | Rs 721 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Jash Engineering price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Jash Engineering Stock Target in 2027
Bull Case Rs 721
The bull case Jash Engineering price target needs EPS growth of 10.7%, which lifts forward EPS to Rs 15.03, and a PE multiple that rises 15% to 47.99. That gives Rs 721, 28.5% above the current price and above the 52-week high of Rs 619.40, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 453
The downside risk level is not a target. It assumes EPS stays flat at Rs 13.57 and the PE falls 20% to 33.38. That gives Rs 453, 19.3% below the current price and above the 52-week low of Rs 327.10.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 10.7% | 47.99 | Rs 721 | +28.5% |
| Base Case | 4.7% | 41.73 | Rs 593 | +5.7% |
| Downside Risk | 0.0% | 33.38 | Rs 453 | -19.3% |
Key Risks to the Jash Engineering Target Price for 2027
Growth Slowdown Risk for the Jash Engineering Price Target
FY26 revenue growth was 1.5% and net profit moved down 13.0%. If growth slows from here, the base case EPS estimate will need revising.
Liquidity and Size Risk
Jash Engineering has a market capitalisation of Rs 3,578 crore. Institutional holding is 1.86%, and promoters hold 43.24%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 10.0% in FY26, so a small slip in costs moves profit noticeably. At a PE of 41.73 versus an industry PE of 47.18, a de-rating toward the downside-risk PE of 33.38 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 9.4% below its 52-week high, with an RSI of 59.1 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in Jash Engineering
Start with the live price and volume. Any Jash Engineering share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 561.15 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Jash Engineering's PE, ROE, debt and shareholding in one place.
Check Jash Engineering fundamentals on the Univest Screener
Then compare the three Jash Engineering target price scenarios with your own view. If you expect EPS growth below 4.7%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Jash Engineering live price and get daily stock recommendations.
Conclusion
The Jash Engineering share price target for 2027 is Rs 593 in the base case, with Rs 721 as the bull case. The support for that view is arithmetic you can check: EPS grew 4.7% a year over FY24 to FY26, and the stock trades at a PE of 41.73. The risks are equally concrete, including institutional holding of only 1.86% and a downside scenario that cuts the price 19% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Jash Engineering Share Price Target 2027
What is the Jash Engineering share price target for 2027?
Ans. The base-case Jash Engineering share price target for 2027 is Rs 593, with Rs 721 as the bull case. The downside risk level, which is not a target, is Rs 453. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the Jash Engineering share price today?
Ans. As of 9 October 2026, 3:29 PM IST, Jash Engineering trades at Rs 561.15, down 0.83% on the day. The 52-week range is Rs 327.10 to Rs 619.40.
Is Jash Engineering a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 4.7% a year over FY24 to FY26, but institutional holding is only 1.86%. Whether Jash Engineering fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for Jash Engineering shares?
Ans. The bull case target is Rs 721, which assumes 10.7% EPS growth and a PE of 47.99. The downside risk level is Rs 453, which assumes flat EPS and a PE of 33.38. It marks a risk, not a target.
What are the main risks to the Jash Engineering price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 3,578 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 1.86%, which can make price moves sharper.
What is the PE ratio of Jash Engineering and how does it compare with the industry?
Ans. The PE ratio of Jash Engineering is 41.73 against an industry PE of 47.18. Price to book is 6.89 and return on equity is 14.68%. The base case in the Jash Engineering price target holds this PE constant.
Who owns Jash Engineering, and what is the promoter holding?
Ans. Promoters held 43.24% of Jash Engineering in June 2026. FII held 1.54%, DII held 0.32% and the public held 54.91%.
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