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Josts Engineering Co. Ltd. Interim / Quarterly Report 2026
63766_rns_2026-05-19_efe1b02d-20f7-4866-9eeb-12f6ac54286a.pdf
Interim / Quarterly Report
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Jost's
Since 1907
Disease Technology Integrated Approach
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No -12, Thane -400604, India
+91-022-62674000
[email protected]
www.josts.com
To,
The Secretary,
BSE Ltd.,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400001
19th May, 2026
Dear Sir,
Scrip Code- 505750
Subject- Outcome of Board Meeting held on 19th May, 2026.
We wish to inform you that the Board of Directors of the Company, at its Meeting held today, i.e. Tuesday, 19th May, 2026, inter-alia, has approved and taken on record the following: -
-
Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026 alongwith the Statement of Cash Flows (Standalone and Consolidated) and Statement of Assets and Liabilities (Standalone and Consolidated) as at March 31, 2026, and Auditors’ Report (Standalone and Consolidated) thereon and Declaration in respect of Auditors Report (Standalone and Consolidated) with unmodified opinion pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed herewith.
-
The Board of Directors have approved a final dividend of Rs. 1.25 per Equity share on the face value of Rs. 1/- each (125%) and additionally a Special Dividend of Rs. 3.75 per Equity Share on face value of Rs. 1/- each (375%), for the financial year 2025-26, 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.
-
The Board upon recommendation of Audit Committee, considered and approved the appointment of M/s P C Ghadiali & Co. LLP, Chartered Accountants (FRN: 103132W/W100037), as Internal Auditor of the Company for the Financial Year 2026-27.
Requisite details under Regulation 30 readwith Schedule III of the SEBI Listing Regulations are as follows:
| S. No | Particulars | Description |
|---|---|---|
| 1. | Reason for change viz. appointment, resignation, removal, death or otherwise. | Appointment as Internal Auditor of the Company |
| 2. | Date of appointment & term of appointment | Date of appointment: 19th May, 2026. |
| Appointment of Internal Auditor of the Company for financial year 2026-27 to conduct the Internal Audit. |
Regd. Office: Great Social Building, 60 Sir Phirozeshah Mehta Road, Mumbai- 400001, India
+91-022-22694956
[email protected]
CIN: L28100MH1907PLC000252
Mumbai
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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
| 3. | Brief Profile | P C Ghadiali and Co LLP (PCGCO) specialize in providing high-end services in Tax, Regulatory and Audit Assurance domain. PCGCO has over the last 47 years been built on a strong foundation based on quality, ‘out-of-the-box’ thinking and an impressive work ethic. PCGCO team comprises of 3 partners, 3 CAs and 50+ committed professionals who deliver a vast and diverse spectrum of quality services to match the best. The Partners, have rich and varied experience which bring on board exceptional expertise in their respective Practice areas.
PCGCO offers in-depth proficiency in Advisory and Compliance services in Direct and Indirect Taxes, complemented by Transaction Support. The Audit & Assurance Practice provide certification services along with ground support to Corporates in a variety of key functions. The Business Advisory Service Assists Corporates in furthering their business goals. The Firm provides a seamless, comprehensive range of Tax and Regulatory services, covering Direct Tax, Indirect Tax, Corporate Law and regulations that deal with Cross border Investments. |
| --- | --- | --- |
| 4. | Disclosure of relationships between directors (in case of appointment of a director) | Not applicable |
- Considered and approved the development of Real Estate / IT-ITES Business Park on Thane Land by the Company directly.
The Board Meeting commenced at 12:00 Noon and concluded at 03:25 p.m.
Kindly take the above information on record.
Thanking You,
For Jost's Engineering Company Limited
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
O
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Shah Gupta & Co.
Chartered Accountants
38, Bombay Mutual Building,
2nd Floor, Dr. D N Road, Fort,
Mumbai – 400 001
Tel: +91(22) 2262 3000
+91(22) 4085 1000
Email: [email protected]
Web: www.shahgupta.com
Independent Auditors' Report on the quarterly and year to date audited standalone financial results of the company pursuant to Regulation 33 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
To,
The Board of Directors
Jost’s Engineering Company Limited,
Mumbai
Report on the audit of the Standalone Financial Results
Opinion
We have audited the accompanying Statement of quarterly and year to date Standalone Financial Results of Jost’s Engineering Company Limited (the “Company”), for the quarter and the year ended March 31, 2026 (the “Statement”), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”).
In our opinion and to best of our information and according to explanations give to us, the Statement:
i. is presented in accordance with requirements of the Listing Regulations in this regard; and
ii. gives a true and fair view in conformity with the applicable Indian Accounting Standards and other accounting principles generally accepted in India, of the net profit and other comprehensive loss and other financial information for the quarter ended March 31, 2026 and for the year ended March 31, 2026.
Basis of Opinion
We conducted our audit in accordance with the Standards on Auditing (“SAs”) specified under sub-section (10) of Section 143 of the Companies Act, 2013, as amended (“the Act”). Our responsibilities under those Standards are further described in the “Auditor’s Responsibilities for the Audit of the Standalone Financial Results” section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India “together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act, and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.
Responsibilities of the Management for the Standalone Financial Results
This Statement which includes the Standalone Financial Results is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance.
The statement has been prepared on the basis of the audited standalone annual financial statements.
The Company’s Board of Directors are responsible for the preparation and presentation of the statement that give a true and fair view of the net profit and other comprehensive income and other financial information of the company in accordance with the Indian accounting standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and fair to us; and the design, implementation and maintenance of adequate internal financial controls, that
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Shah Gupta & Co.
Chartered Accountants
were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the statement, the Management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
Those charged with governance are also responsible for overseeing the Company's financial reporting process.
Auditor's Responsibilities for the Audit of the Standalone Financial Results
Our objectives are to obtain reasonable assurance about whether the statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the statement.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal financial control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to standalone financial statements in place and the operating effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Management and Board of Directors.
-
Conclude on the appropriateness of Management and Board of Directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represent the underlying transactions and events in a manner that achieves fair presentation.
Materiality is the magnitude of misstatements in the Annual Standalone Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Annual Standalone Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Annual Standalone Financial Results.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal financial control that we identify during our audit.
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Shah Gupta & Co.
Chartered Accountants
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matter
The statement includes the results for the quarter ended March 31, 2026 being the balancing figures between the audited figures in respect of the full financial year ended March 31, 2026 and the published unaudited year-to-date figures up to December 31,2025 being the date of the end of the third quarter of the current financial year, which were subjected to a limited review by us, as required under the Listing Regulations.
For SHAH GUPTA & Co.
Chartered Accountants
Firm Registration No.: 109574W
Place: Mumbai
Date: May 19, 2026
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Jost's
Since 1907
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No. 12, Tinner - 400601, India
+91-022-62674800
www.josts.com
Statement of standalone assets and liabilities as at March 31, 2026
| Particulars | As at March, 2026 | As at March 31, 2025 |
|---|---|---|
| Audited | Audited | |
| Assets | ||
| (1) Non-current assets | ||
| (a) Property, plant and equipment | 422 | 426 |
| (b) Right of use assets | 33 | 76 |
| (c) Intangible assets | 8 | 10 |
| (d) Financial assets | ||
| (i) Non-current investments | 1,303 | 3,410 |
| (ii) Other non-current financial assets | 183 | 308 |
| (e) Deferred tax assets (net) | 140 | 159 |
| (f) Other non-current assets | 27 | 36 |
| Total non-current assets | 2,118 | 4,424 |
| (2) Current assets | ||
| (a) Inventories | 241 | 557 |
| (b) Financial assets | ||
| (i) Current investments | 7,369 | 17 |
| (ii) Trade receivables | 8,532 | 7,573 |
| (iii) Cash and cash equivalents | 69 | 202 |
| (iv) Bank balances other than cash and cash equivalents (N) above | 526 | 348 |
| (v) Loans | 368 | 211 |
| (vi) Other current financial assets | 889 | 171 |
| (c) Other current assets | 638 | 733 |
| Total current assets | 18,642 | 9,813 |
| Total assets | 20,758 | 14,236 |
| Equity and liabilities | ||
| (1) Equity | ||
| (a) Equity share capital | 118 | 100 |
| (b) Other equity | 10,840 | 8,009 |
| Total equity | 10,960 | 8,159 |
| Liabilities | ||
| (2) Non-current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 138 | 69 |
| (ii) Lease liabilities | 8 | 37 |
| (b) Non-current provisions | 136 | 120 |
| Total non-current liabilities | 282 | 228 |
| (3) Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 126 | 292 |
| (ii) Lease liabilities | 32 | 50 |
| (b) Trade payables | ||
| Total outstanding dues of micro enterprises and small | 22 | 114 |
| Total outstanding dues of creditors other than micro enterprises | 2,378 | 4,096 |
| (iv) Other current financial liabilities | 319 | 125 |
| (b) Other current liabilities | 1,040 | 857 |
| (c) Current provisions | 98 | 101 |
| (d) Income tax liabilities (net) | 501 | 216 |
| Total current liabilities | 4,516 | 5,851 |
| Total liabilities | 4,798 | 6,977 |
| Total equity and liabilities | 28,758 | 14,236 |
(Josts)
Name: 1907
Jost's Engineering Company Limited
7 Wagh Industrial Estate, Road No-12, Thane - 400604, India
+91-022-62674000
www.josts.com
Standalone financial results for the quarter and year ended March 31, 2026
| Sr. No. | Particulars | Quarter ended | Year ended | |||
|---|---|---|---|---|---|---|
| 31-03-2026 | 31-12-2026 | 31-03-2025 | 31-03-2026 | 31-03-2025 | ||
| Audited | Unaudited | Audited | Audited | Audited | ||
| 1 | Revenue from operations | 5,164 | 6,186 | 5,939 | 20,047 | 21,723 |
| 2 | Other income | 58 | 31 | 68 | 170 | 198 |
| 3 | Total Income [1+2] | 5,222 | 6,217 | 6,007 | 20,217 | 21,931 |
| 4 | Expenses | |||||
| (a) Cost of materials consumed | - | - | 1,605 | - | 5,664 | |
| (b) Purchases of stock-in-trade | 3,337 | 3,006 | 2,206 | 13,833 | 8,477 | |
| (c) Changes in inventories of finished and work-in-progress and stock-in-trade | 345 | 1,313 | 120 | 128 | 317 | |
| (d) Employee benefits expense | 548 | 495 | 472 | 2,070 | 2,192 | |
| (e) Finance costs | 56 | 66 | 51 | 343 | 187 | |
| (f) Depreciation and amortization expense | 43 | 43 | 42 | 180 | 165 | |
| (g) Other expenses | 1,131 | 833 | 939 | 3,354 | 2,739 | |
| Total expenses | 5,460 | 5,776 | 5,415 | 19,738 | 19,711 | |
| 5 | Profit before exceptional items and tax [3-4] | (238) | 441 | 572 | 479 | 2,220 |
| 6 | Exceptional items (refer note no.6) | 3,502 | (261) | - | 3,241 | 64 |
| 7 | Profit before tax after exceptional items [5-6] | 2,264 | 180 | 572 | 3,720 | 2,159 |
| 8 | Tax expenses | |||||
| (i) Current tax | 407 | 125 | 150 | 659 | 557 | |
| (ii) Deferred tax | 56 | (67) | (5) | 22 | (11) | |
| (iii) (Excess) / Short provision for tax relating to previous years# | (0) | (0) | - | (3) | 2 | |
| Total tax expenses | 523 | 58 | 145 | 678 | 548 | |
| 9 | Profit after tax [7-8] | 2,741 | 122 | 427 | 3,042 | 1,808 |
| 10 | Other comprehensive income / (loss) | |||||
| A) Items that will not be reclassified to profit or loss (net of tax) | ||||||
| (I) Remeasurement of employee benefits obligations # | (12) | (0) | (7) | (12) | (8) | |
| Total other comprehensive income / (loss) # | (12) | (0) | (7) | (12) | (8) | |
| Total comprehensive income | 2,729 | 122 | 420 | 3,030 | 1,803 | |
| 11 | Paid-up equity share capital (Face Value of ₹ 1/- each) | 118 | 118 | 100 | 118 | 100 |
| 12 | Other equity | - | - | - | 15,842 | 8,059 |
| 13 | Earnings per equity share | |||||
| (1) Basic (in ₹) | 24.62 | 1.10 | 4.14 | 27.33 | 15.59 | |
| (2) Diluted (in ₹) | 24.62 | 1.10 | 4.14 | 27.33 | 15.59 |
Figures are below rounding off norms adopted by the company
Jost's
Since 1907
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Ruud No 12, Thane - 400601, India
+91-022-62674000
www.josts.com
Segment wise revenue, results, assets and liabilities standalone for the quarter and year ended March 31, 2026
ANNEXURE-1
In Lakh
| Particulars | Quarter ended | Year ended | |||
|---|---|---|---|---|---|
| 31-03-2026 | 31-12-2025 | 31-03-2025 | 31-03-2026 | 31-03-2025 | |
| Audited | Unaudited | Audited | Audited | Audited | |
| 1 Segment Revenue | |||||
| (a) Material Handling | 1,686 | 1,242 | 2,834 | 6,607 | 10,751 |
| (b) Engineered Products | 3,479 | 4,944 | 3,105 | 13,440 | 10,982 |
| (c) Un-allocated | - | - | - | - | - |
| Net sales / Income from operations | 5,165 | 6,186 | 5,939 | 20,047 | 21,733 |
| 2 Segment Results | |||||
| Profit before tax and interest from each segment | |||||
| (a) Material Handling | (539) | 47 | 378 | (233) | 1,129 |
| (b) Engineered Products | 530 | 620 | 384 | 1,705 | 1,801 |
| Total | 11 | 667 | 782 | 1,472 | 2,930 |
| Less: i) Interest | 56 | 86 | 51 | 343 | 187 |
| ii) Other unallocated expenditure | 286 | 171 | 207 | 819 | 721 |
| iii) Exceptional Items | 3,502 | 261 | - | 3,241 | 64 |
| Add: iv) Un-allocated income | 93 | 31 | 68 | 170 | 198 |
| Total Profit before tax | 3,264 | 180 | 572 | 3,721 | 2,156 |
| 3 Segment Assets | |||||
| (a) Material Handling | 2,643 | 2,915 | 3,597 | 2,643 | 3,597 |
| (b) Engineered Products | 7,376 | 9,218 | 5,979 | 7,376 | 5,979 |
| (c) Un-allocated | 10,739 | 6,122 | 4,660 | 10,739 | 4,660 |
| Total Assets | 20,758 | 18,255 | 14,236 | 20,758 | 14,236 |
| 4 Segment Liabilities | |||||
| (a) Material Handling | 658 | 1,216 | 1,258 | 658 | 1,258 |
| (b) Engineered Products | 2,711 | 3,090 | 2,612 | 2,711 | 2,612 |
| (c) Un-allocated | 1,427 | 714 | 2,207 | 1,427 | 2,207 |
| Total Liabilities | 4,796 | 5,020 | 6,077 | 4,796 | 6,077 |
(Josts)
1907
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No-12, Thane-400604, India
+91-022-62674000
www.josts.com
Standalone Cash Flow Statement for the year ended March 31, 2026
| Particulars | Year ended | ||||
|---|---|---|---|---|---|
| March 31, 2026 | March 31, 2025 | ||||
| Audited | Audited | ||||
| A | Cash flow from operating activities | 3,720 | 2,156 | ||
| Profit before taxes | |||||
| Adjustments for: | |||||
| Depreciation and amortisation expense | 160 | 165 | |||
| Finance income on amortisation of deposits | (2) | (2) | |||
| Dividend income | (0) | (1) | |||
| Interest income | (50) | (114) | |||
| Finance costs | 343 | 187 | |||
| Provision for expected credit loss | 65 | 46 | |||
| Loss on sale of investment in associates | 1 | - | |||
| Exceptional Items | (3,241) | - | |||
| Bad debts written off | - | 42 | |||
| Unrealised foreign exchange (gain)/loss | - | - | |||
| Sundry balances written off/back | 6 | (35) | |||
| Provision for warranty claims | (23) | 50 | |||
| Provision for inventory | - | - | |||
| Inventory written off | - | - | |||
| (2,737) | 338 | ||||
| Operating profit before working capital changes | 983 | 2,494 | |||
| Adjustments for (increase) / decrease in: | |||||
| Trade receivables | (1,033) | (1,788) | |||
| Inventories | 316 | 594 | |||
| Other non-current financial assets | 127 | (57) | |||
| Other current financial assets | (718) | 20 | |||
| Other current asset | 95 | (105) | |||
| Other non-current assets | 8 | (10) | |||
| Current loans | (157) | 295 | |||
| Adjustments for increase/ (decrease) in: | |||||
| Trade payables | (1,810) | 1,066 | |||
| Other current financial liabilities | 193 | (11) | |||
| Other current liabilities | 181 | (194) | |||
| Change in non-current provisions | (245) | (22) | |||
| Change in current provisions | 9 | (3,034) | (133) | (343) | |
| Cash generated from operations | (2,080) | 2,151 | |||
| Net income tax paid (net of refunds) | (376) | (388) | |||
| Net cash generated from operating activities (A) | (2,420) | 1,703 | |||
| B | Cash flow from investing activities | ||||
| Purchase of property, plant and equipment and intangible assets | (191) | (87) | |||
| Risks of use of asset | 441 | (2) | |||
| Proceeds from sale of property, plant and equipment | 84 | 17 | |||
| Bank balances other than classified as cash and cash equivalents | (188) | (65) | |||
| Proceed/purchase of mutual funds investments (net) | (7,352) | 413 | |||
| Proceeds from sale of equity shares of subsidiary | 5,507 | - | |||
| Proceeds from assignment of brand | 100 | - | |||
| Proceeds from sale of equity shares of associate | 1 | - | |||
| Investment in equity shares of subsidiary | - | (1,607) | |||
| Interest received | 50 | 114 | |||
| Dividend received | 0 | 1 | |||
| Net cash generated from investing activities (B) | (1,993) | (1,216) | |||
| C | Cash flow from financing activities | ||||
| Proceeds from/ (repayment) of working capital loans | (173) | (686) | |||
| Proceeds from/ (repayment) of long term borrowings | 77 | 89 | |||
| Proceeds from issuance of equity shares | 4,319 | 382 | |||
| Dividend paid | (148) | (98) | |||
| Payment of lease liabilities | (48) | (42) | |||
| Finance costs | (343) | (187) | |||
| Net cash (used) in financing activities (C) | 4,284 | (462) | |||
| Net Increase/(decrease) in cash and cash equivalents (A+B+C) | (133) | 85 | |||
| Cash and cash equivalents at the beginning of the year | 202 | 117 | |||
| Cash and cash equivalents at the end of the year (refer note 12A) | 69 | 202 |
figures are below rounding off norms adopted by the company
Jost's
June 1907
Jost's Engineering Company Limited
671 Wagle Industrial Estate, Road No. 12, Tivern, HP9013, India
01-022 62674000
[email protected]
www.jost.co.in
Notes:
-
The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 19, 2026.
-
The above Standalone Financial results for the quarter and year ended March 31, 2026 are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.
-
The segment reporting of the Company has been prepared in accordance with Ind AS - 108 on "Operating Segment" (Refer - Annexure 1)
-
The Government of India has notified the Code on Social Security, 2020 ("Social Security Code"); the Occupational Safety, Health and Working Conditions Code, 2020; the Industrial Relations Code, 2020 and the Code on Wages, 2019 (collectively, the "Labour Codes") on November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to Labour Codes. In accordance with Ind AS 19 - Employee benefits, changes to employee benefits plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Standalone Statement of Profit and Lost. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. The implementation of the Labour Codes has resulted in an increase of Rs. 261 Lakhs in the provision for defined benefit obligations, which has been recognized as an expense in the current reporting period and disclosed as an Exceptional Item in the financial results for the year ended March 31, 2026. The Company continues to monitor the finalization of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes and will incorporate appropriate accounting treatment based on these developments as required.
-
The figures of quarter ended March 31, 2026, represent the derived figures between the audited figures in respect of full financial year ended March 31, 2026, and reviewed year to date figures up to December 31, 2025, being date of end of the third quarter of the current financial year.
-
Exceptional item includes Rs. 261 Lakhs the provision for defined benefit obligations, gain on sale of investment in the subsidiary Rs. 3402 Lakh and brand assignment income Rs. 100 Lakh.
-
The Company has sold its entire stake in JECL Engineering Limited ("JECL") on 5th February 2026 and accordingly JECL have ceased to be a Subsidiary of the Company w.e.f. 24th March 2026. Consequently, the Company has recognized a gain of Rs 3402 lakhs in the quarter ended March 2026.
-
The board in its meeting held on May 19, 2026 has recommended a dividend of ₹1.25 per share (final dividend) and of ₹ 3.75 per share (special dividend) on equity share of face value ₹ 1 each, i.e. 125% and 375% respectively to the members of the company. This amount is to be paid after approval from the members in the ensuing annual general meeting.
-
Previous period/year's figures have been regrouped/reclassified wherever necessary to confirm to current period's/year's figures.
For Jost's Engineering Company Limited
Place: Mumbai
Date: May 19, 2026
Jai Prakash Agarwal
DIN - 00242232
Chairman
Shah Gupta & Co. Chartered Accountants
38, Bombay Mutual Building, 2nd Floor, Dr. D N Road, Fort, Mumbai – 400 001
Bs +91(22) 2262 3000
+91(22) 4085 1000
Email: [email protected]
Web: www.shahgupta.com
Independent Auditors’ Report on the quarterly and year to date audited consolidated financial results of the company pursuant to Regulation 33 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
To,
The Board of Directors
Jost’s Engineering Company Limited
Report on the audit of the Consolidated Financial Results
Opinion
We have audited the accompanying Statement of quarterly and year to date Consolidated Financial Results of Jost’s Engineering Company Limited (the “Holding Company”) and its Subsidiaries, (Holding Company and its Subsidiaries together referred to as the “Group”), and its Associate, for the quarter and the year ended March 31, 2026 (the “Statement”), attached herewith, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”).
In our opinion and to best of our information and according to explanations give to us, the statement:
i. includes the results of the following entities;
a) MHE Rentals India Private Limited, Subsidiary Company
b) JECL Engineering Limited, Subsidiary Company (till 24th March 2026)
c) Jost’s Engineering Inc, Subsidiary Company
d) Jost’s Foundation, Subsidiary Company (till 30th June 2025)
e) Suryavayu Renewable & Energy Solutions Private Limited, Associate Company (till 31st December 2025)
ii. are presented in accordance with the requirements of the Regulation 33 of the Listing Regulations in this regard; and
iii. gives a true and fair view in conformity with the applicable accounting standards, and other accounting principle generally accepted in India, of the consolidated net profit and other comprehensive loss and other financial information of the Group its associates and jointly controlled entities for the quarter ended March 31, 2026 and for the year ended March 31, 2026.
Basis of Opinion
We conducted our audit in accordance with the Standards on Auditing (“SAs”) specified under sub-section (10) of Section 143 of the Companies Act, 2013, as amended (the “Act”). Our responsibilities under those Standards are further described in the “Auditor’s Responsibilities for the Audit of the Consolidated Financial Results” section of our report. We are independent of the Group and its associates in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and other auditor in terms of their reports referred to in “Other Matter” paragraph below, is sufficient and appropriate to provide a basis for our opinion.
Responsibilities of the Management for the Consolidated Financial Results
This statement which includes the Consolidated Financial Results is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Statement has been prepared from the Consolidated annual financial statements.
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Shah Gupta & Co.
Chartered Accountants
The Holding Company's Board of Directors are responsible for the preparation and presentation of the Statement that give a true and fair view of the net profit and other comprehensive income and other financial information of the Group in accordance with the applicable accounting standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Board of Directors of the Companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the respective companies and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the statement that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the statement by the Board of Directors of the Holding Company, as aforesaid.
In preparing the statement, the respective Board of Directors of the Companies included in the Group are responsible for assessing the ability of their respective Companies to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.
Those charged with governance are also responsible for overseeing the group's financial reporting process.
Auditor's Responsibilities for the Audit of the Consolidated Financial Results
Our objectives are to obtain reasonable assurance about whether the statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the annual financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of consolidated financial statements on whether the Holding company has adequate internal financial controls with reference to consolidated financial statements in place and the operating effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the annual consolidated financial results made by the Board of Directors.
-
Conclude on the appropriateness of Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the consolidated financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern.
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Shah Gupta & Co.
Chartered Accountants
-
Evaluate the overall presentation, structure and content of the consolidated financial results, including the disclosures, and whether the consolidated financial results represent the underlying transactions and events in a manner that achieves fair presentation.
-
Obtain sufficient appropriate audit evidence regarding the financial results/financial information of the entities within the Group to express an opinion on the consolidated financial results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the consolidated financial results of which we are the independent auditors. For the other entities included in the consolidated financial results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.
Materiality is the magnitude of misstatements in the Annual Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Annual Consolidated Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Annual Consolidated Financial Results.
We communicate with those charged with governance of the Holding Company and such other entities included in the Statement of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
We also performed procedures in accordance with the circular no. CIR/CFD/CMD1/44/2019 dated March 29, 2019 issued by the SEBI under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.
Other Matter
a. The Statement includes the audited financial results of three subsidiary companies whose financial results/ financial information reflect total assets of ₹ 1,885.53 Lakh as at March 31, 2026, total revenue of ₹ 380.06 Lakh and ₹ 1,611.98 Lakh and total net profit after tax of ₹ 33.49 Lakh and ₹ 1.87 Lakh, total comprehensive income of ₹ 38,57 Lakh and ₹ 6.95 Lakh for the quarter ended and for the year ended March 31, 2026 respectively, and net cash inflow ₹ 48.82 Lakh for the year ended March 31, 2026, as considered in the Statement, which have been audited by its independent auditors. The independent auditors’ reports on financial results of this subsidiary has been furnished to us and our opinion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based solely on the report of such auditors and the procedures performed by us are as stated in paragraph above.
b. The Consolidated financial results also includes the Group’s share of net loss after tax of ₹ Nil and ₹ 1.01 Lakh and total comprehensive loss of ₹ Nil and ₹ 1.01 Lakh for the quarter ended and for the year ended March 31, 2026 respectively, in respect of one associate, as considered in the consolidated audited financial results. These financial results have been audited by other auditor whose report has been furnished to us by the management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of associate is based solely on the report of the other auditor and the procedures performed by us as stated in paragraph above.
Our opinion on the Statement is not modified in respect of the above matter with respect to our reliance on the work done by and reports of the other auditors.
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Shah Gupta & Co.
Chartered Accountants
c. The statement includes the results for the quarter ended March 31, 2026 being the balancing figures between the audited figures in respect of the full financial year ended March 31, 2026 and the published unaudited year-to-date figures up to up to December 31, 2025 being the date of the end of the third quarter of the current financial year, which were subjected to a limited review by us, as required under the Listing Regulations.
For SHAH GUPTA & Co.,
Chartered Accountants
Firm Registration No.: 109574W
Place: Mumbai
Date: May 19, 2026
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Jost's
Since 1907
Post-1989
Just's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No-12, Thane - 100601, India
+91-022-62671000 [email protected] www.josts.com
Statement of consolidated assets and liabilities as at March 31, 2026
£ in Lakh
| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| Audited | Audited | |
| Assets | ||
| (1) Non-current assets | ||
| (a) Property, plant and equipment | 1,779 | 1,979 |
| (b) Capital work-in-progress | - | 1,934 |
| (c) Right of use assets | 33 | 78 |
| (d) Intangible assets | 8 | 15 |
| (e) Financial assets | ||
| (f) Non-current investments | 1 | 3 |
| (g) Other non-current financial assets | 187 | 325 |
| (h) Deferred tax assets (net) | 140 | 158 |
| (i) Other non-current assets | 27 | 35 |
| Total non-current assets | 2,166 | 4,528 |
| (2) Current assets | ||
| (a) Inventories | 241 | 1,309 |
| (b) Financial assets | ||
| (i) Current investments | 7,369 | 17 |
| (ii) Trade receivables | 8,809 | 8,087 |
| (iii) Unbilled revenue | ||
| (iv) Cash and cash equivalents | 225 | 311 |
| (v) Bank balances other than cash and cash equivalents (iii) above | 582 | 380 |
| (vi) Loans | 371 | 5 |
| (vii) Other current financial assets | 893 | 172 |
| (viii) Income tax assets | 23 | 24 |
| (ix) Other current assets | 647 | 1,370 |
| Total current assets | 19,160 | 11,675 |
| Total assets | 21,326 | 16,203 |
| Equity and liabilities | ||
| (1) Equity | ||
| (a) Equity share capital | 118 | 100 |
| (b) Other equity | 15,616 | 7,743 |
| Total equity | 15,738 | 7,843 |
| Liabilities | ||
| (2) Non-current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 226 | 298 |
| (ii) Lease liabilities | 8 | 37 |
| (b) Non-current provisions | 178 | 157 |
| (c) Deferred tax liabilities (net) | 31 | 60 |
| Total non-current liabilities | 443 | 552 |
| (3) Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 561 | 1,938 |
| (ii) Lease liabilities | 32 | 52 |
| (iii) Trade payables | ||
| Total outstanding dues of micro enterprises and small enterprises | 22 | 114 |
| Total outstanding dues of creditors other than micro enterprises and small | 2,401 | 4,205 |
| (iv) Other current financial liabilities | 458 | 222 |
| (b) Other current liabilities | 1,060 | 934 |
| (c) Current provisions | 112 | 113 |
| (d) Income tax liabilities (net) | 501 | 229 |
| Total current liabilities | 5,147 | 7,608 |
| Total liabilities | 5,590 | 8,360 |
| Total equity and liabilities | 21,326 | 16,203 |
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(Josts)
Since 1907
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No-12, Thane -100604, India
Tel: +91-022-62674000
[email protected]
www.josts.com
Consolidated financial results for the quarter and year ended March 31, 2020
[7 in Lakh, except EPB]
| S. no. | Particulars | Quarter ended | Year ended | |||
|---|---|---|---|---|---|---|
| 31-03-2018 | 31-12-2019* | 31-03-2020* | 31-03-2018 | 31-03-2020* | ||
| Budget | Unaudited | Budget | Budget | Audited | ||
| 1 | Penthol from operation | 5,031 | 7,821 | 6,751 | 34,884 | 33,932 |
| 2 | Other means | 21 | 20 | 21 | 196 | 119 |
| 3 | Total income [1+2] | 6,100 | 5,643 | 6,814 | 34,044 | 33,981 |
| 4 | Expenses | |||||
| 5 | (a) List of materials consumed | 1,345 | 799 | 1,005 | 2,849 | 2,684 |
| 6 | (a) Purchases of stock-in-trade | 3,076 | 3,116 | 3,441 | 17,201 | 8,910 |
| 7 | (a) Changes in inventories of finished and work-in-progress and stock-in-trade | (499) | 1,239 | 128 | (1,054) | 278 |
| 8 | (a) Employee benefits expense | 817 | 774 | 707 | 3,178 | 3,020 |
| 9 | (a) Finance costs | 82 | 118 | 77 | 490 | 395 |
| 10 | (a) Contributions and amortization expense | 152 | 187 | 67 | 620 | 364 |
| 11 | (a) Other expenses | 1,170 | 1,123 | 441 | 4,012 | 3,404 |
| 12 | Total expenses | 6,172 | 5,432 | 6,227 | 34,278 | 32,222 |
| 13 | Profit before exceptional items and tax [3-4] | (2) | 417 | 277 | 477 | 2,482 |
| 14 | Exceptional Items | 2,777 | (861) | - | 1,548 | 41 |
| 15 | Profit before tax from continuing operation [5-6] | 2,774 | 168 | 877 | 2,802 | 2,228 |
| 16 | Tax expenses | |||||
| 17 | (a) Current tax | 426 | 78 | 298 | 426 | 563 |
| 18 | (a) Deferred tax | 44 | (57) | (9) | 11 | 44 |
| 19 | (a) Charges of direct provision for tax relating to previous years | 44 | 0 | - | 10 | 1 |
| 20 | Total tax expenses | 442 | 61 | 442 | 444 | 812 |
| 21 | Profit after tax from continuing operation [7-8] | 2,441 | 128 | 422 | 2,256 | 2,222 |
| 22 | Share of (loss) of expenses # | - | (0) | (0) | 0 | (0) |
| 23 | Profit for the period/year from continuing operation [9-10] | 2,281 | 131 | 422 | 2,257 | 1,721 |
| 24 | Attributable to : | |||||
| 25 | (a) Owners of the company # | 3,181 | 128 | 422 | 2,257 | 1,721 |
| 26 | (a) Non-controlling interests | - | - | - | - | - |
| 27 | Profit/ (loss) before tax for the year from discontinued operation (refer note 6) | (180) | 2 | 32 | (144) | 28 |
| 28 | Tax expense of discontinued operations | (19) | 20 | 8 | (20) | 8 |
| 29 | Other comprehensive Income / (loss) | |||||
| 30 | (b) Items that will not be reclassified to profit or loss (net of tax) | |||||
| 31 | (c) Correspondence of employee benefits obligations # | (7) | (0) | 4 | (7) | 4 |
| 32 | Total other comprehensive Income / (loss) # | (7) | (0) | 4 | (7) | 4 |
| 33 | Total comprehensive income | 2,074 | 112 | 482 | 2,101 | 1,754 |
| 34 | Net profit attributable to : | |||||
| 35 | (a) Owners of the company | 7,081 | 118 | 458 | 3,125 | 1,754 |
| 36 | (b) Non-controlling interests | - | - | - | - | - |
| 37 | Profit for the year | 2,081 | 118 | 488 | 2,125 | 1,754 |
| 38 | Other comprehensive income attributable to: | |||||
| 39 | (a) Owners of the company # | (7) | (0) | 4 | (7) | 4 |
| 40 | (b) Non-controlling interests | - | - | - | - | - |
| 41 | Total comprehensive income attributable to : | |||||
| 42 | (a) Owners of the company | 2,075 | 117 | 462 | 2,107 | 1,750 |
| 43 | (b) Non-controlling interests | - | - | - | - | - |
| 44 | Paid up equity share capital (Fare Value of 9 U - each) | 118 | 118 | 100 | 118 | 100 |
| 45 | Other equity | - | - | - | 15,618 | 7,743 |
| 46 | Earnings per share from continuing operations | |||||
| 47 | (c) Sales (in F) | 20.47 | 1.31 | 4.15 | 28.08 | 18.05 |
| 48 | (c) Shares (in F) | 20.47 | 1.31 | 4.15 | 28.08 | 18.05 |
| 49 | Earnings (loss) per share from discontinued operations (refer note 5) | |||||
| 50 | (c) Sales (in F) | (1.00) | 0.52 | 0.21 | (1.70) | 0.38 |
| 51 | (c) Shares (in F) | (1.00) | 0.52 | 0.21 | (1.70) | 0.38 |
| 52 | Earnings (loss) per share from total operations | |||||
| 53 | (c) Sales (in F) | 27.91 | 1.33 | 4.50 | 28.27 | 17.57 |
| 54 | (c) Shares (in F) | 27.91 | 1.33 | 4.50 | 28.27 | 17.57 |
Figures are below rounding off forms adopted by the company
*Re-presented refer note 5
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(Josts)
S
S
1007
1
Jost's Engineering Company Limited
7 Wagle Industrial Estate, Road Bn-12, Thane - 400601, Josts
Tel: 91-022-62674000
www.josts.com
Segment wise revenue, results, assets and liabilities consolidated for the quarter and year ended March, 31 2026
ANNEXURE-1
(¥ in Lakh)
| Particulars | Quarter ended | Year ended | |||
|---|---|---|---|---|---|
| 31-03-2026 | 31-12-2025* | 31-03-2025* | 31-03-2026 | 31-03-2025* | |
| Audited | Unaudited | Audited | Audited | Audited | |
| 1 Segment Revenue | |||||
| (a) Material Handling | 2,301 | 2,568 | 3,178 | 9,834 | 11,160 |
| (b) Engineered Products | 3,498 | 4,930 | 3,224 | 13,451 | 11,322 |
| (c) MHE Rentals | 293 | 322 | 352 | 1,279 | 1,409 |
| Total | 6,092 | 7,020 | 6,754 | 24,664 | 23,891 |
| Net sales / Income from operations | 6,092 | 7,020 | 6,754 | 24,664 | 23,891 |
| 2 Segment Results | |||||
| Profit before tax and interest from each segment | |||||
| (a) Material Handling | (272) | 289 | 321 | 102 | 1,210 |
| (b) Engineered Products | 557 | 331 | 424 | 1,451 | 1,893 |
| (c) MHE Rentals | (30) | 20 | 49 | 9 | 190 |
| Total | 255 | 649 | 794 | 1,562 | 3,293 |
| Less: i) Interest | 67 | 118 | 76 | 480 | 265 |
| ii) Other unallocable expenditure | 267 | 123 | 203 | 797 | 716 |
| iii) Exceptional items | 3,777 | (261) | - | 3,516 | 64 |
| Add: iv) Un-allocable income | 77 | 28 | 62 | 191 | 129 |
| Total Profit before tax from continuing operations | 3,774 | 186 | 577 | 2,993 | 2,377 |
| Profit/(loss) before tax from discontinuing operations (refer note 5) | (189) | 2 | 32 | (190) | 29 |
| 3 Segment Assets | |||||
| (a) Material Handling | 2,625 | 6,772 | 7,129 | 2,625 | 7,129 |
| (b) Engineered Products | 7,376 | 9,334 | 6,175 | 7,376 | 6,175 |
| (c) MHE Rentals | 1,887 | 1,765 | 1,847 | 1,887 | 1,847 |
| (d) Un-allocated | 9,437 | 2,714 | 1,052 | 9,437 | 1,052 |
| Total Assets | 21,325 | 26,589 | 16,203 | 21,325 | 16,203 |
| 4 Segment Liabilities | |||||
| (a) Material Handling | 619 | 3,070 | 2,752 | 619 | 2,752 |
| (b) Engineered Products | 2,711 | 3,095 | 2,696 | 2,711 | 2,696 |
| (c) MHE Rentals | 833 | 833 | 911 | 833 | 911 |
| (d) Un-allocated | 1,428 | 715 | 2,001 | 1,428 | 2,001 |
| Total Liabilities | 5,591 | 7,713 | 8,380 | 5,591 | 8,380 |
*Re-presented refer note 5
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Josts
Since 1937
Social Technology, Inc.
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No-12, Thane - M0604, India
+91-022-62674000
www.josts.com
Consolidated Statement of Cash Flow for the year ended March 31, 2026
| Particulars | Year ended |
|---|---|
| March 31, 2026 | March 31, 2026 |
| Audited | Audited |
| A | Cash flow from operating activities |
| Profit for the year from continuing operations | |
| Profit (loss) for the year from discontinued operation (refer note 5) | |
| Adjustments for: | |
| Depreciation and amortization expense | 810 |
| Finance income on amortisation of deposits | (2) |
| Profit on sale of assets # | - |
| Dividend income | - |
| Interest income | (54) |
| Finance costs | 496 |
| Provision for expected credit loss | 68 |
| Loss on sale of investment in associates | 1 |
| Exceptional Items | (3,516) |
| Bad debts written off | - |
| Unrealized foreign exchange (gain)/loss | 14 |
| Sundry balances written off/back | (8) |
| Provision for warranty claims | - |
| Operating profit before working capital chances | |
| Adjustments for (Increase) / decrease in: | |
| Trade receivables | (1,681) |
| Inventories | (831) |
| Other non-current financial assets | 45 |
| Other current financial assets | (723) |
| Other current asset | (80) |
| Other non-current assets | 6 |
| Current loans | (366) |
| Adjustments for Increase/ (decrease) in: | |
| Trade payables | (220) |
| Other current financial liabilities | 235 |
| Other current liabilities | 1,731 |
| Change in non-current provisions | (54) |
| Change in current provisions | (8) |
| Cash generated from operations | |
| Net income tax paid (net of refunds) | |
| Net cash generated from operating activities (A) | |
| B | Cash flow from investing activities |
| Purchase of property, plant and equipment and intangible assets | (282) |
| Rent of use of asset | (27) |
| Proceeds from sale of property, plant and equipment | - |
| Proceeds from sale of capital work in progress | - |
| Bank balances other than classified as cash and cash equivalents | (440) |
| Proceed/surchase of mutual funds investments (net) | (7,352) |
| Investment in equity shares of Associates | - |
| Proceeds from sale of equity shares of subsidiary | 5,337 |
| Proceeds from assignment of brand | 100 |
| Interest received | 54 |
| C | Cash flow from financing activities |
| Proceeds from/(repayment) of working capital loans | (622) |
| Proceeds from/(repayment) of short term borrowings | - |
| Proceeds from/(repayment) of long term borrowings | (72) |
| Proceeds from issuance of equity shares | 4,919 |
| Dividend paid | (148) |
| Payment of lease liabilities | (50) |
| Finance costs | (490) |
| Net cash (used) in financing activities (C) | |
| Net Increase/(decrease) in cash and cash equivalents (A+B+C) | |
| C | Cash and cash equivalents at the beginning of the year |
| Cash and cash equivalents at the end of the year (refer note 12A) |
figures are below rounding off norms adopted by the company
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(Josts)
Since 1907
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No -12, Thane - 100604, India
+91-022-62674000 [email protected] www.josts.com
Notes :
-
The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 19, 2026.
-
The above Consolidated Financial results for the quarter and year ended March 31, 2026 are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules thereafter.
-
The segment reporting of the Company has been prepared in accordance with Ind AS - 108 on "Operating Segment" (Refer - Annexure 1)
-
The Government of India has notified the Code on Social Security, 2020 ("Social Security Code"); the Occupational Safety, Health and Working Conditions Code, 2020; the Industrial Relations Code, 2020 and the Code on Wages, 2019 (collectively, the "Labour Codes") on November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to Labour Codes. In accordance with Ind AS 19 - Employee benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Consolidated Statement of Profit and Loss. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. The implementation of the Labour Codes has resulted in an increase of Rs. 261 Lakhs in the provision for defined benefit obligations, which has been recognized as an expense in the current reporting period and disclosed as an Exceptional Item in the financial results for the year ended March 31, 2026. The Group continues to monitor the finalization of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes and will incorporate appropriate accounting treatment based on these developments as required.
-
The Company has sold its entire stake in JECL Engineering Limited ("JECL") and accordingly JECL has ceased to be a Subsidiary of the Company w.e.f. 24th March 2026. Consequently, the Company has recognized a gain of Rs 3516 lakhs in the quarter ended March 2026. The Profit/loss of JECL have been presented as "Discontinued Operations" within the Consolidated Financial Results. Further, the comparative consolidated results has been re-presented for quarter ended March 31, 2025, quarter ended December 2025 and year ended March 31, 2025 to show the discontinued operation separately, from continuing operations.
-
The board in its meeting held on May 19, 2026 has recommended a dividend of ₹ 1.25 per share (final dividend) and of ₹ 3.75 per share (special dividend) on equity share of face value ₹ 1 each, i.e. 125% and 375% respectively to the members of the company. This amount is to be paid after approval from the members in the ensuing annual general meeting.
-
Previous period/year's figures have been regrouped/reclassified wherever necessary to confirm to current period's/year's figures.
For Jost's Engineering Company Limited
Place: Mumbai
Date: May 19, 2026
Jai Prakash Agarwal
DIN - 00242232
Chairman
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(Josts)
Since 1907
Thanee Technology Integrated Approach
Jost's Engineering Company Limited
C-7 Wagle Industrial Estate, Road No -12, Thane -400604, India
+91-022-62674000 [email protected] www.josts.com
| B | Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement etc. | Not Applicable |
|---|---|---|
| C | Format for disclosing outstanding default on Loans and debt securities. | Not Applicable |
| D | Format for disclosure of Related Party Transactions (applicable only for half year filings i.e., 2^{nd} and 4^{th} quarter) | It will be filled with Integrated Financial Statement in XBRL mode. |
| E | Statement on Impact of Audit Qualifications (For Audit Report with Modified opinion) submitted alongwith Annual Audited Financial Results (Standalone and Consolidated separately) (applicable only for Annual Filing i.e., 4^{th} quarter) | Declaration on unmodified opinion of Statutory Auditor forms part of audited financial results. |
For Josts Engineering Company Limited
Jai Prakash Agarwal
Chairman and Whole Time Director
Regd. Office: Great Social Building, 60 Sir Phirozeshah Mehta Road, Mumbai- 400001, India
+91-022-22694956
[email protected]
CIN: L2B100MH1907PLC000252
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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 [email protected] www.josts.co.in
To,
The Secretary,
BSE Ltd.,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400001
19th May, 2026
Dear Sir,
Sub: Declaration pursuant to Regulation 33(3)(d) of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
I, K C Somani, Chief Financial Officer of Josts Engineering Company Limited (L28100MH1907PLC000252) having its Registered Office at Great Social Bldg. 60 Sir P M Road Fort, Mumbai, Maharashtra, India, 400001, hereby declared that, the Statutory Auditor of the Company M/S. Shah Gupta & Co, Chartered Accountants (Firm Registration Number: 109574W) has issued an Audit Report (Standalone & Consolidated) with unmodified opinion on Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and financial year ended 31st March, 2026.
This Declaration is given in compliance of Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.
Kindly take the same on record.
Yours faithfully,
For Josts Engineering Company Limited
K C Somani
Chief Financial Officer
Dated: 19th May, 2026
Place: Thane
Regd. Office: Great Social Building, 60 Sir Phirozeshah Mehta Road, Mumbai- 400001, India
+91-022-22694956 [email protected] CIN: L28100MH1907PLC000252
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