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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Mar. 31, 2025
Current Assets:    
Cash $ 11,454,016 $ 13,346,791
Accounts receivable, net 7,831,553 3,076,074
Inventories 26,030,818 27,704,829
Prepaid expenses and other current assets 3,360,827 3,648,321
Advances to suppliers, net 8,092,421 6,644,194
Total Current Assets 56,769,635 54,420,209
Restricted cash - non-current 1,701,752 1,717,248
Long-term deposits 604,511 464,934
Property, plant, and equipment, net 23,995,370 25,023,681
Goodwill 499,282 499,282
Operating lease right of use assets 644,380 850,172
Total Assets 84,214,930 82,975,526
Current Liabilities:    
Credit facilities 9,339,758 4,512,462
Accounts payable 3,587,871 6,507,308
Accrued expenses 3,963,303 4,342,436
Income tax payable - current 1,124,150 1,305,386
Uncertain tax provision 175,290
Other payables 1,888,950 2,149,185
Deferred revenue 294,616 487,004
Operating lease liabilities - current 180,040 339,699
Total Current Liabilities 20,378,688 19,818,770
Deferred tax liabilities, net 120 120
Operating lease liabilities - non-current 184,914 287,527
Total Liabilities 20,563,722 20,106,417
Commitments and Contingencies (Note 16)
Equity    
Preferred stock, $0.001 par value; 500,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value; 30,000,000 shares authorized; 12,939,418 shares issued; 12,699,940 shares outstanding as of December 31, 2025 and March 31, 2025, respectively 12,939 12,939
Additional paid-in capital 26,355,155 25,674,835
Treasury stock, 239,478 shares (1,169,046) (1,169,046)
Statutory reserve 413,821 413,821
Retained earnings 38,442,766 38,396,901
Accumulated other comprehensive loss (465,745) (513,122)
Total Jerash Holdings (US), Inc. Stockholders’ Equity 63,589,890 62,816,328
Noncontrolling interest 61,318 52,781
Total Equity 63,651,208 62,869,109
Total Liabilities and Equity $ 84,214,930 $ 82,975,526