Jash Engineering Limited recorded consolidated orders worth Rs40.72cr in April 2021. From the total, R10.48cr are for the Indian market and orders worth Rs30.24cr are from the international market.
As per the company's regulatory filing, the significant contributors to the monthly order booking of April 2021 from India are Shapoorji Pallonji & Co.- Mumbai, Indian Hume Pipe-Mumbai & SFC Environmental TechMumbai from India and from abroad are UES Holdings Pte Ltd-Singapore, Oakwood Beach WRRF Reconstruction of Secondary Bypass-USA & REC Engineering Co. Ltd- Hong Kong.
Further, the consolidated pending order position of the company as of 1st May is Rs413cr out of which orders worth Rs149cr are for the India market and orders worth Rs264cr are for markets outside India. Out of the consolidated orders worth Rs264cr for markets outside India, Rs110cr worth orders are for the US market and the remaining Rs154cr worth orders are for the Rest of the World.
As of May 01, 2021, consolidated orders worth Rs24cr have been negotiated with clients & formal Purchase Orders are awaited. Out of this, Rs10cr worth of orders are for the India market and Rs14cr worth of orders are for markets outside India.
Jash Engineering said that after negotiating an order, it may take up to 2 months to receive a formal Purchase Order from the client. Once a Purchase Order is received, we remove its value from the list of "negotiated orders" and move it to the list of order received in a given month and add it to the total outstanding consolidated order book position of the Company.
Moreover, Jash Engineering progressed further on the Disc Filter Project. The first demo machine has been installed at our company's sewage treatment plant for trials & for getting operative experience as well as for giving a demonstration to our clients.
On NSE, Jash Engineering closed at Rs400.15 per piece down 0.6%.