Results     22-Aug-25
Analysis
Josts Engineering Company
Sales down 1%, net down 91%
Consolidated net sales (including other operating income) of Josts Engineering Company for the quarter ended Jun 2025 has declined 1.47% to Rs 55.61 crore.  Sales of MATERIAL HANDLING segment has gone up 18.31% to Rs 26.94 crore (accounting for 48.44% of total sales).  Sales of ENGINEERED PRODUCCTS segment has gone down 15.64% to Rs 25.40 crore (accounting for 45.68% of total sales).  Sales of MHE SUBSIDIARY segment fell 8.15% to Rs 3.27 crore (accounting for 5.88% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has slumped 40.86% to Rs 4.01 crore.  PBIT of MATERIAL HANDLING reported loss of Rs 0.43 crore compared to profit of Rs 1.39 crore.  PBIT of ENGINEERED PRODUCCTS segment fell 17.98% to Rs 4.15 crore (accounting for 103.49% of total PBIT).  PBIT of MHE SUBSIDIARY segment fell 12.12% to Rs 0.29 crore (accounting for 7.23% of total PBIT).  

PBIT margin of MATERIAL HANDLING segment fell from 6.10% to 1.60%.  PBIT margin of ENGINEERED PRODUCCTS segment fell from 16.81% to 16.34%.  PBIT margin of MHE SUBSIDIARY segment fell from 9.27% to 8.87%.  Overall PBIT margin fell from 12.01% to 7.21%.  

Operating profit margin has declined from 10.21% to 6.10%, leading to 41.15% decline in operating profit to Rs 3.39 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 16.99% to 13.43%.   Purchase of finished goods cost rose from 46.38% to 54.73%.   Employee cost increased from 13.07% to 13.31%.   Other expenses fell from 13.56% to 12.86%.   

Other income rose 16.22% to Rs 0.43 crore.  PBIDT fell 37.68% to Rs 3.82 crore.  Provision for interest rose 353.85% to Rs 1.77 crore.  

PBDT fell 64.29% to Rs 2.05 crore.  Provision for depreciation rose 63.74% to Rs 1.49 crore.  

Profit before tax down 88.41% to Rs 0.56 crore.  Share of profit/loss were nil in both the periods.  Provision for tax was expense of Rs 0.23 crore, compared to Rs 1.19 crore.  Effective tax rate was 41.82% compared to 24.64%.

Minority interest was nil in both the periods.  Net profit attributable to owners of the company decreased 91.21% to Rs 0.32 crore.  

Promoters’ stake was 48.26% as of 30 June 2025 ,compared to 47.20% as of 30 June 2024 .  

 



Josts Engineering Company : Consolidated Results
 Quarter endedYear ended
Particulars202506202406Var.(%)202503202403Var.(%)
Net Sales (including other operating income)55.6156.44-1.47238.91187.4427.46
OPM (%)6.1010.21-411 bps12.299.45284 bps
OP3.395.76-41.1529.3717.7265.74
Other Inc.0.430.3716.221.290.7767.53
PBIDT3.826.13-37.6830.6618.4965.82
Interest1.770.39353.852.651.6560.61
PBDT2.055.74-64.2928.0116.8466.33
Depreciation1.490.9163.743.63.1414.65
PBT0.564.83-88.4124.4113.778.18
Share of Profit/(Loss) from Associates-0.010-00-
PBT before EO0.554.83-88.6124.4113.778.18
EO Income00--0.640-
PBT after EO0.554.83-88.6123.7713.773.50
Taxation0.231.19-80.676.233.863.95
PAT0.323.64-91.2117.549.977.17
Minority Interest (MI)00-00-
Net profit0.323.64-91.2117.549.977.17
P/(L) from discontinued operations net of tax00-00-
Net profit after discontinued operations0.323.64-91.2117.549.977.17
EPS (Rs)*0.273.08-91.2115.238.3781.92
* EPS is on current equity of Rs 1.18 crore, Face value of Rs 1, Excluding extraordinary items.
# EPS is not annualised
bps : Basis points
EO : Extraordinary items
Figures in Rs crore
Source: Capitaline Corporate Database


Josts Engineering Company : Consolidated Segment Results
 Quarter endedYear ended
% of (Total)202506202406Var.(%)% of (Total)202503202403Var.(%)
Sales
MATERIAL HANDLING48.4426.9422.7718.3146.71111.60103.887.43
ENGINEERED PRODUCCTS45.6825.4030.11-15.6447.39113.2270.4760.66
MHE SUBSIDIARY5.883.273.56-8.155.9014.0913.097.64
JECL Engineering0.000.000.00-
JECL Engineering INC0.000.000.00-
Total Reported Sales100.0055.6156.44-1.47100.00238.91187.4427.46
Less: Inter segment revenues 0.000.00- 0.000.00-
Net Sales100.0055.6156.44-1.47100.00238.91187.4427.46
PBIT
MATERIAL HANDLING-10.72-0.431.39PL36.7412.108.9834.74
ENGINEERED PRODUCCTS103.494.155.06-17.9857.4918.939.8791.79
MHE SUBSIDIARY7.230.290.33-12.125.771.901.5522.58
JECL Engineering0.000.000.00-
JECL Engineering INC0.000.000.00-
Total PBIT100.004.016.78-40.86100.0032.9320.4061.42
Less : Interest1.770.39353.852.651.6560.61
Add: Other un-allcoable-1.68-1.56-7.69-6.51-5.05-28.91
PBIT Margin(%)
MATERIAL HANDLING -1.606.10-770.07 10.848.64219.77
ENGINEERED PRODUCCTS 16.3416.81-46.65 16.7214.01271.37
MHE SUBSIDIARY 8.879.27-40.12 13.4811.84164.36
JECL Engineering 0.000.000.00
JECL Engineering INC 0.000.000.00
PBT100.000.564.83-88.41100.0023.7713.7073.50
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