Company Analysis

Jerash Holdings (US), Inc. (JRSH)

Nasdaq: JRSH · Apparel & Other Finishd Prods of Fabrics & Similar Matl · Rochester, NY · filing with the SEC since 2017
Grade4.7
◀ Past 4.2● Present 4.1▶ Future 6.0
1 est.

The grade of Jerash Holdings (US), Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.7/10
◀ Past4.230% of the headline
● Present4.140% of the headline
▶ Future6.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.2/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.6/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2025-03-27.

weight 33% of this tense · 16th percentile among 19 sector filers · read for itself

From the record

Jerash Holdings (US), Inc.'s filings since 2017 show 2 warning events: an auditor change (8-K item 4.01, 2 times, the latest 2025-03-27) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.0/10

What has it actually done, year after year?

+11.6% a year over 9 filed years; profitable in 7 of 9.

weight 45% of this tense · 50th percentile among 19 sector filers · read for its customers

From the record

Jerash Holdings (US), Inc.'s 9 filed years say what it did: revenue went from $69 million in fiscal 2018 to $166 million in fiscal 2026, up 11.6% a year; it rose in 5 of 8 years; the deepest fall was 18% from fiscal 2022 to fiscal 2024; net income was positive in 7 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span11.6%top 24% of its family
  • the share of years revenue rosebottom 34% of its family
  • the share of filed years with a profitbottom 39% of its family
  • the deepest fall from a revenue peak18.3%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.3/10

How has it treated the people who own it?

Share count grew 1.3% a year. 100% of cash flow returned. Insiders: 1 sales, 0 purchases.

weight 22% of this tense · 63rd percentile among 17 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-03-31, Jerash Holdings (US), Inc.'s diluted share count grew about 1.3% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 34% of its family
  • cash returned against operating cash flowtop 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.1/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.0/10

Is it financially healthy right now?

ROE 5%: 5¢ of profit per shareholder dollar. Leverage 28%: owes 28¢ per asset dollar.

weight 45% of this tense · 40th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, Jerash Holdings (US), Inc. earned about 5 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 30 cents per dollar of everything the company owns. Leverage: it owed about 28 cents per dollar of assets, and net share issuance: its share count grew 7.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 8% of its family
  • return on equitybottom 42% of its family
  • gross profit against assetsbottom 18% of its family
  • the share count against the year beforebottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.1/10

How strong is its position in its industry?

bottom 41% of 19 in its family; net margin 2.1%.

weight 33% of this tense · 41st percentile among 19 sector filers · read for its customers

From the record

Jerash Holdings (US), Inc.'s standing among 19 graded names in its industry family: revenue of $166 million in fiscal 2026 ranks in the bottom 18% by size; a net margin of 2.1% ranks in the bottom 39%; revenue growth of 6.4% a year over the last 3 filed years ranks in the top 34% (its annual reports).

What it rests on

  • revenue against the family$166Mbottom 18% of its family
  • net margin2.1%bottom 39% of its family
  • three-year revenue growth6.4%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.4/10

What are the people in charge doing?

SI estimate 4.4/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 10 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title, so the desk assumes the typical reading of its industry family, the median of 10 members with one.
What the record cannot read
Fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title.
How it was reasoned
family median, 10 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Jerash Holdings (US), Inc.'s leadership is put at 4.4 of 10 with a confidence of 20 of 100, because fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title, so the desk assumes the typical reading of its industry family, the median of 10 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

6.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.3/10

How much room does it have to grow?

bottom 32% of 19 in its family for room to expand.

weight 45% of this tense · 32nd percentile among 19 sector filers · read for itself

From the record

Jerash Holdings (US), Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $11 million against debt of $3 million leaves 8.8% of its assets as net cash, top 45% of its family; cash from operations less capital spending is -1.6% of revenue (bottom 34%); a gross margin of 16.1% (bottom 8%) (its annual report).

What it rests on

  • cash less debt against assets8.8%top 45% of its family
  • cash from operations less capital spending against revenue-1.6%bottom 34% of its family
  • gross margin16.1%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.6/10

What could actually drive growth from here?

top 24% of 19 in its family for growth drivers.

weight 33% of this tense · 76th percentile among 19 sector filers · read for its customers

From the record

Jerash Holdings (US), Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 6.4% a year over the last three filed years against 11.6% over all 9, slowing (top 45% of its family); the newest year grew 14% (top 13%); capital spending grew 92.1% a year (top 15%) (its annual reports). Jerash Holdings (US), Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-5.2 points a yeartop 45% of its family
  • the newest year's revenue growth14.0%top 13% of its family
  • three-year growth of capital spending92.1%top 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
9.1/10

Did its newest year beat what its own record pointed to?

top 9% of 17 in its family for expectations against reality.

weight 22% of this tense · 91st percentile among 17 sector filers · read for its shareholders

From the record

Jerash Holdings (US), Inc.'s newest year against its own record: revenue of $166 million in fiscal 2026 came in 11% above the $150 million its prior three years' pace pointed to (top 3% of its family); net income of $4 million against a prior three-year average of $145 thousand (top 3%); a net margin of 2.1% against -0.2% before (top 21%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace11.0%top 3% of its family
  • net income against the prior three years' averagefive times its prior average or moretop 3% of its family
  • net margin against its prior average+2.3 pointstop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton JRSH · research, not advice