Aditya Birla Capital has identified a promising investment opportunity in Jash Engineering, a small-cap multibagger stock that has already delivered an extraordinary 2,650% return over the past five years. Despite this impressive rally, analysts at Aditya Birla Capital believe the stock has a strong runway for growth, projecting a 30% upside with a target price of ₹715.
Jash Engineering, specializing in water and wastewater management solutions, has demonstrated consistent revenue growth and operational efficiency. The company plans to expand its manufacturing capabilities by commissioning three new plants between FY25 and FY27, targeting revenue of ₹1,000 crore by FY27. Additionally, its recent entry into the UK market is expected to boost international revenue, which currently accounts for 60% of its total earnings.
The global water and wastewater market, valued at $617 billion by 2032, presents significant growth opportunities for Jash Engineering. With a dominant market share in India’s water control gate segment and a robust international presence, the company is well-positioned to capitalize on increasing demand for sustainable water treatment solutions.
Aditya Birla Capital’s bullish outlook is supported by Jash Engineering’s strong financial metrics, including improved return on equity (ROE) and return on capital employed (ROCE). The company’s strategic acquisitions and efficient fund allocation have further strengthened its financial performance.
As Jash Engineering continues to expand its operations and diversify its product portfolio, investors are optimistic about its long-term growth potential. With a solid foundation and ambitious plans, the stock remains an attractive option for those seeking high returns in the water management sector.
