Jerash Holdings Posts $1.7M Q4 Profit, Plans Up to 25% Capacity Boost
JRSH•Jerash Holdings reported Q4 fiscal 2026 net income of $1.7 million ($0.12 per share) versus a $144,000 loss year-ago on revenue of $42.9 million. The company plans a 15% capacity increase by end-2026 and a further 20–25% expansion by end-2027, with 80% facility bookings confirmed.
1. Q4 Financial Results
Jerash posted net income of $1.7 million ($0.12 per diluted share) in Q4 fiscal 2026, reversing a $144,000 loss in the prior year, on revenue of $42.9 million. Gross margin exceeded consensus but was slightly down year-over-year due to product mix shifts and prior-quarter shipping delays.
2. Production Capacity Expansion
The company expects to boost production capacity by 15% by end-2026 and an additional 20–25% by end-2027 through new facility openings and workforce increases, targeting to double output over the next few years.
3. Order Book and Outlook
Management reports facilities are fully booked through December 2026 with 80% of orders confirmed and 20% pending customer forecasts. First quarter fiscal 2027 revenue is guided to grow 20%–22%, supported by follow-up orders such as Hansoll’s 1.3 million-unit season order.
