Josts Engineering Co. Ltd. — Earnings Release 2025

Jan 28, 2025

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To, The Secretary, BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

28[th] January, 2025

Scrip Code- 505750

Subject- Press release on financial results of the Company for the quarter and nine months ended 31[st] December, 2024

Dear Sir,

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are forwarding herewith a copy of press release on financial results of the Company for quarter ended 31[st] December, 2024.

The same is also available on the Company’s website at www.josts.com in compliance with Regulation 46 of the SEBI Listing Regulations.

Thanking You,

For Jost’s Engineering Company Limited

Digitally signed BABITA by BABITA KUMARI KUMARI Date: 2025.01.28 16:47:42 +05'30' Babita Kumari Company Secretary M. No.: A40774

Encl: As above

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Press Release

Jost’s Engineering Company Limited (the ‘Company’) announces impressive results of Q3 and 9 months ended 31[st] December 2024.

Mumbai, 28[th] January 2025 : The company is proud to announce its financial results for Q3 and nine months ended 31[st] December 2024 showing a growth of 37% in revenue and 95% in PAT.

Summary of Standalone Financial Highlights

• Standalone Financial Highlights – 9 mos FY25 v/s 9 mos FY24

Revenue increased by 37% from Rs. 11,527 lacs to Rs. 15,794 lacs EBIDTA increased by 75% from Rs. 1,054 lacs to Rs. 1,844 lacs PBT increased by 80% from Rs. 882 lacs to Rs. 1,585 lacs PAT increased by 95% from Rs. 607 lacs to Rs. 1,183 lacs

• Standalone Financial Highlights – Q3 FY25 v/s Q3 FY24

Revenue increased by 10% from Rs. 4,251 lacs to Rs. 4,696 lacs EBIDTA increased by 18% from Rs. 535 lacs to Rs. 631 lacs PBT increased by 18% from Rs. 454 lacs to Rs. 537 lacs PAT increased by 37% from Rs. 302 lacs to Rs. 413 lacs

• Consolidated Financial Highlights – 9mos FY25 v/s 9mos FY24

Revenue increased by 36 % from Rs. 12,560 lacs to Rs. 17,106 lacs EBIDTA increased by 73 % from Rs. 1,287 lacs to Rs. 2,223 lacs PBT increased by 87 % from Rs. 945 lacs to Rs. 1,768 lacs PAT increased by 93% from Rs. 671 lacs to Rs. 1,296 lacs

• Consolidated Financial Highlights – Q3 FY25 v/s Q3 FY24

Revenue increased by 12% from Rs. 4,640 lacs to Rs. 5,205 lacs EBIDTA increased by 18% from Rs. 624 lacs to Rs. 737 lacs PBT increased by 15% from Rs. 483 lacs to Rs. 555 lacs PAT increased by 26% from Rs. 332 lacs to Rs. 417 lacs

• The Order in hand as on 31-12-2024 is Rs 21,827 lacs.

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• Josts has received an order of Rs 2,500 Lakhs (without Taxes) from Haryana Vidyut Prasaran Nigam Limited for Procurement of 2 sets of Emergency Restoration System (ERS) on 15[th] January 2025. This order is to be executed within 8 months from the date of issue of Purchase Order or approval of drawing/technical data whichever is later, in Haryana.

• Technical Services & Spares sales

The Company is committed to provide solutions and support on its products to customers by way of Erection, Installation, Commissioning, Testing, Training, Calibration, Annual Maintenance Contract, supply of spares parts and other services.

The company presently have 10 branch offices across India with 2 NABL Accredited laboratories and one technical support centre with dedicated team.

The company’s service revenues has increased from Rs. 1,608 Lakhs to Rs 2,369 Lakhs with an impressive increase of 47 % on Y-o-Y basis.

Commenting on the result, Mr Jai Prakash Agarwal, Chairman

“ We are pleased to deliver strong financial results for Q3 and 9 months for FY25, reflecting our focus on technological innovation, operational excellence and customer satisfaction. Our ongoing capital expenditure plan shall further enhance our capabilities and position us to capture growth opportunities in India and global markets. We remain committed to delivering long-term value to our customers and shareholders ”

Growth Prospects

The company is focused on expanding its market share in different sectors in which it operates. Q4 is normally better in the capex and engineering sector. Considering the companies strong order book we aim to do better going forward.

About Josts Engineering

Incorporated in the year 1907, Josts Engineering Company Limited (also referred to as ‘Josts’ or ‘The Company’ across the report) is headquartered in Mumbai with a pan-India presence. Through its strategically located factory, sales offices, and service centre, that cater to strategic markets.

The Company’s primary business areas are manufacturing and trading of material handling and engineering products and provide technical services support to its customers. Josts maintains a strong presence in Infrastructure, Defense, Automotive, Logistics, FMCG, Pharma, Aerospace, Power and Railway sector.

Disclaimer

Certain statements that are made in the Press Release may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially from those expressed or implied. Josts Engineering Company

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Limited will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

For Further Information, please contact:

Ms. Babita Kumari Company Secretary cs@josts.in

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