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Josts Engineering Co. Ltd. — Earnings Release 2026
May 20, 2026
63766_rns_2026-05-20_b932741b-0ce8-43c2-8a87-00f68423a2d2.pdf
Earnings Release
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Jost's
Since 1907
Diverse Technology Integrated Approach
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No -12, Thane -400604, India
+91-022-62674000
www.josts.com
To,
20th May, 2026
The Secretary,
BSE Ltd,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400001
Scrip Code- 505750
Subject- Press release on Financial Results of the Fourth Quarter and Financial Year ended 31st March, 2026.
Dear Sir,
We are pleased to enclose herewith the Press Release on Results of the Fourth Quarter and Financial Year ended on 31st March, 2026, approved by the Board at its Meeting held on 19th May, 2026.
The same will also be made available on the website of the Company viz. www.josts.com.
This is for your information and record.
Thanking You,
For Jost's Engineering Company Limited
BABITA
KUMARI
Digitally signed by BABITA KUMARI
Date: 2026.05.20 11:32:24 +05'30'
Babita Kumari
Company Secretary
M. No.: A40774
Encl: As above
Regd. Office: Great Social Building, 60 Sir Phirozeshah Mehta Road, Mumbai- 400001, India
+91-022-22694956
CIN: L28100MH1907PLC000252
Josts
Since 1907
Diverse Technology Integrated Approach
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No -12, Thane -400604, India
+91-022-62674000
www.josts.com
Press Release
Jost's Engineering Company Limited (the 'Company') announces financial performance of Q4 and Financial Year ended 31st March 2026.
Mumbai, 19th May, 2026: Jost's Engineering Company Limited ("Josts" or "the Company"), announced its audited financial results for Q4 and financial year ended 31st March 2026.
Summary of Standalone Financial Highlights
Standalone Financial Highlights – FY26 v/s FY25
- Revenue for the current Year is Rs. 20,217 lakhs against previous year of Rs. 21,931 lakhs.
- Profit before Exceptional items and tax for the current year is Rs.479 lakhs against previous year of Rs. 2,220 Lakhs.
- Exceptional Gain (net) during the current year is of Rs. 3,241 lakhs against the previous year of Rs. 64 Lakhs.
- Profit after Tax during the current year is of Rs. 3042 lakhs against the previous year of Rs. 1608 lakhs. (Includes Exceptional Gain)
Consolidated Financial Highlights – FY26 v/s FY25
- Revenue for the current Year is Rs. 24,855 lakhs against previous year of Rs. 23,981 lakhs.
- Profit before Exceptional items and tax for the current year is Rs. 477 lakhs against previous year of Rs. 2,402 Lakhs.
- Exceptional Gain (net) during the current year is of Rs. 3,516 lakhs against the previous year of Rs. 64 Lakhs
- Profit after Tax during the current year is of Rs. 3,338 lakhs against the previous year of Rs. 1,721 lakhs. (Includes Exceptional Gain)
Dividend
The Board of Directors has recommended a final dividend of 125% i.e. Rs 1.25 per equity share of face value Re. 1 each, to the members of the Company.
Further, the Board of Directors has also recommended a Special dividend of 375% i.e. Rs 3.75 per equity share of face value Re. 1 each, to the members of the Company.
The total Dividend (Final and Special) recommended is 500% i.e. Rs. 5.00 per share of face value of Rs. 1 each subject to the approval of the Shareholders at the ensuing Annual General Meeting (AGM) of the Company. The Final and Special Dividend will be paid/dispatched within 30 days from the date of Annual General Meeting.
Regd. Office: Great Social Building, 60 Sir Phirozeshah Mehta Road, Mumbai- 400001, India
+91-022-22694956
CIN: L28100MH1907PLC000252
Jost's
Since 1907
Diverse Technology Integrated Approach
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No -12, Thane -400604, India
+91-022-62674000
www.josts.com
JECL Engineering Limited ('JECL')
JECL ceased to be a subsidiary of the Company with effect from the end of the day on 24th March, 2026, and accordingly, its financials have been consolidated up to 24th March, 2026.
Strategic Business Restructuring
During the year, the Company completed the sale of its wholly owned subsidiary namely JECL Engineering Limited pursuant to its strategic business re-alignment plans and includes Material Handling Division (MHD) which was restricted to only non-manufacturing activities. The Turnover of MHD (including JECL) was Rs.9,934 Lakhs and PBIT was of Rs.102 Lakhs in the Financial Year ended March 31st, 2026.
The transaction is expected to strengthen the Company's Balance sheet, improve capital allocation efficiency enable sharper focus on its core engineering Business, Services and Monetisation of Thane Land.
Monetisation of Thane Land
The Board of Directors had constituted a Land Monetisation Committee ("Committee") for monetisation of the Company's land situated at Thane. In its meeting held on 19th May 2026, the Committee and the Board has approved the proposal to develop the Real Estate by construction of IT-ITES Business Park on the said land parcel.
- Total land area: 6921 Square Meters
- Estimated Gross Development Value (GDV): Rs.700 Crores Appx. (includes the construction Cost which is under compilation)
- The project is under various approval stage.
The proposed development is expected to unlock significant long-term value for the shareholders.
Engineering Product Division (EPD) - Technical Services
The Company is committed to provide solutions and support in its EPD Division the customers by way of Erection, Installation, Commissioning, Testing, Training, Calibration, Annual Maintenance Contract, supply of spares parts and other services. The Company presently have 9 branch offices across India.
Further the Company have NABL Accredited laboratories at Mumbai and Kolkata and one technical support centre at Bangalore with dedicated team. The company's service revenues is of Rs. 1219 Lakhs during the year against the previous year Rs.1184 Lakhs. The Company proposes to open two more service centres during the year.
The company is targeting to grow service revenue about 15-20% in FY 26-27.
The Order in hand in Engineering Product Division (EPD) as on 31-03-2026 is of Rs 15,415 lakhs.
Regd. Office: Great Social Building, 60 Sir Phirozeshah Mehta Road, Mumbai- 400001, India
+91-022-22694956
CIN: L28100MH1907PLC000252
Jost's
Since 1907
Diverse Technology Integrated Approach
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No -12, Thane -400604, India
+91-022-62674000
www.josts.com
Commenting on the performance, Jai Prakash Agarwal, Chairman, said:
"The financial year 2025-26 has been a significant year for Strategic Business Restructuring marked by improved cash flow position and strategic initiatives aimed at long-term value creation.
We remain optimistic about growth opportunities across infrastructure, defence, logistics, power, railways and industrial sectors."
The divestment of the subsidiary and progress on monetisation of the Thane land are important strategic steps towards unlocking value and focus on EPD Business.
About Josts Engineering Company Limited
Incorporated in 1907, Jost's Engineering Company Limited is headquartered in Mumbai with a strong pan-India presence through strategically located sales offices and service centres.
The Company is engaged in the business of engineering products and technical support services catering to diverse sectors including Infrastructure, Defence, Automotive, Logistics, FMCG, Pharma, Aerospace, Power and Railways.
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 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
Regd. Office: Great Social Building, 60 Sir Phirozeshah Mehta Road, Mumbai- 400001, India
+91-022-22694956
CIN: L28100MH1907PLC000252