Jerash Holdings (US), Inc.
Financial highlights
| Metric | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 | FY 03/31/22 | FY 03/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $145.8M | $117.2M | $138.1M | $143.4M | $90.2M |
| Cost of revenue | $123.5M | $100.3M | $116.3M | $116.0M | $74.2M |
| Gross profit | $22.3M | $16.9M | $21.8M | $27.3M | $16.0M |
| Selling, general & administrative | $19.1M | $16.6M | $17.0M | $15.9M | $10.5M |
| Operating expenses | $20.9M | $17.6M | $17.4M | $16.8M | $10.6M |
| Operating income | $1.4M | -$664,955 | $4.4M | $10.5M | $5.4M |
| Interest expense | $1.7M | $1.2M | $768,131 | $210,576 | — |
| Pretax income | $151,191 | -$1.4M | $4.1M | $10.4M | $5.5M |
| Income tax expense | $991,120 | $672,495 | $1.7M | $2.5M | $1.3M |
| Net income | -$848,369 | -$2.0M | $2.4M | $7.9M | $4.1M |
| Balance Sheet | |||||
| Cash and equivalents | $13.3M | $12.4M | $17.8M | $25.2M | $21.1M |
| Current assets | $54.4M | $50.9M | $57.3M | $69.9M | $64.7M |
| Total assets | $83.0M | $80.2M | $83.7M | $85.3M | $73.2M |
| Current liabilities | $19.8M | $14.8M | $14.4M | $14.1M | $14.8M |
| Total liabilities | $20.1M | $15.8M | $15.5M | $16.0M | $16.9M |
| Stockholders' equity | $62.8M | $64.4M | $68.2M | $69.3M | $56.4M |
| Cash Flow Statement | |||||
| Cash from operations | $1.4M | $2.5M | $10.8M | $9.0M | -$1.5M |
| Depreciation and amortization | $2.7M | $2.5M | $2.4M | $2.1M | $1.6M |
| Stock-based compensation | $1.8M | $986,048 | $413,900 | $947,079 | $66,251 |
| Capital expenditure | $951,112 | $1.2M | $722,770 | $3.0M | $890,462 |
| Free cash flow | $413,516 | $1.2M | $10.1M | $6.0M | -$2.4M |
| Dividends paid | $2.5M | $2.5M | $2.5M | $2.4M | $2.3M |
| Share repurchases | — | — | $1.2M | — | — |
Shares outstanding 12.7M · Free float 34.4%
Annual filing data through FY ended March 31, 2025; float as of July 15, 2026.