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JTEKT India share price

JTEKT India Ltd.

NSE: JTEKTINDIA BSE: 520057 SECTOR: Auto Ancillary  59k   202   13

180.00
-0.55 (-0.30%)
NSE: 25 Apr 04:05 PM

Price Summary

Today's High

₹ 182

Today's Low

₹ 178.4

52 Week High

₹ 188

52 Week Low

₹ 103.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

4577.05 Cr.

Enterprise Value

4598.04 Cr.

No. of Shares

25.43 Cr.

P/E

49.35

P/B

6.24

Face Value

₹ 1

Div. Yield

0.28 %

Book Value (TTM)

₹  28.84

CASH

36.72 Cr.

DEBT

57.71 Cr.

Promoter Holding

74.98 %

EPS (TTM)

₹  3.65

Sales Growth

28.73%

ROE

12.44 %

ROCE

15.28%

Profit Growth

140.8 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of JTEKT India Ltd.

Koyo Toyoda

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year28.73%
3 Year10.64%
5 Year6.33%

Profit Growth

1 Year140.8%
3 Year42.62%
5 Year6.77%

ROE%

1 Year12.44%
3 Year6.73%
5 Year7.48%

ROCE %

1 Year15.28%
3 Year8.78%
5 Year9.7%

Debt/Equity

0.0854

Price to Cash Flow

55.36

Interest Cover Ratio

22.7874666327698

CFO/PAT (5 Yr. Avg.)

2.43551649833293

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 74.98 0
Dec 2023 73.98 0
Sep 2023 73.98 0
Jun 2023 73.98 0
Mar 2023 73.98 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 42.618627106585% for the Past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 22.7874666327698.
  • Company’s PEG ratio is 0.350517691148191.
  • The company has an efficient Cash Conversion Cycle of 22.9983355216682 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.43551649833293.
  • The company has a high promoter holding of 74.98%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.78692429138532.

 Limitations

  • The company has shown a poor revenue growth of 10.6368883997102% for the Past 3 years.
  • Company has a poor ROE of 6.72625651176431% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 471.03 537.17 485.36 592.5 552
Total Expenditure 432.7 491.02 456.72 542.44 501.01
Operating Profit 38.33 46.16 28.63 50.06 51
Other Income 1.79 1.67 3.37 8.13 1.46
Interest 1.07 1.22 1.3 1.2 1.47
Depreciation 19.09 17.75 17.54 18.03 19.89
Exceptional Items 0 0 7.39 0 0
Profit Before Tax 19.97 28.86 20.56 38.96 31.1
Tax 4.67 4.97 5.16 9.25 7.34
Profit After Tax 15.29 23.89 15.39 29.71 23.75
Adjusted EPS (Rs) 0.63 0.98 0.63 1.22 0.97

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1773.09 1530.9 1350.2 1610.5 2073.24
Total Expenditure 1572.25 1412.85 1257.71 1499.28 1907.34
Operating Profit 200.84 118.05 92.5 111.22 165.9
Other Income 12.57 10.99 7.78 10.34 12.55
Interest 15.52 9.89 4.66 3.67 4.72
Depreciation 90.6 86.51 77.93 65.91 67.62
Exceptional Items 0 0 0 -6.78 -3.26
Profit Before Tax 107.3 32.64 17.68 45.2 102.84
Tax 38.73 5.13 5.36 12.07 23.05
Net Profit 68.56 27.51 12.32 33.14 79.79
Adjusted EPS (Rs.) 2.8 1.13 0.5 1.36 3.26

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 24.45 24.45 24.45 24.45 24.45
Total Reserves 548.79 549.35 552.79 582.24 651.62
Borrowings 47.45 16.09 17.26 34.35 30.9
Other N/C liabilities 137.36 110.89 106.5 27.4 40.21
Current liabilities 463.46 233.23 285.57 307.13 321.86
Total Liabilities 1221.51 934.01 986.57 975.55 1069.04
Assets
Net Block 494.7 449.74 390.65 360.32 441.73
Capital WIP 8.77 1.51 5.92 93.35 23.8
Intangible WIP 0.55 0 0 0 0
Investments 5.1 5.1 5.1 5.1 5.1
Loans & Advances 129.12 110.11 113.09 31.41 50.69
Other N/C Assets 1.15 0.35 0.09 7.93 6.53
Current Assets 582.13 367.19 471.71 477.45 541.2
Total Assets 1221.51 934.01 986.57 975.55 1069.04
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 107.3 32.64 17.68 45.2 102.84
Adjustment 95.79 90.44 79.24 70.45 71.09
Changes in Assets & Liabilities 11.12 0.18 -6.07 -6.8 -64.84
Tax Paid -44.46 -15.72 -7.56 -13.09 -26.42
Operating Cash Flow 169.76 107.54 83.28 95.77 82.68
Investing Cash Flow 21.88 -25 -22.03 -114.18 -83.73
Financing Cash Flow -83.22 -149.18 -41.95 15.06 -23.74
Net Cash Flow 108.42 -66.64 19.3 -3.35 -24.8

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 73.98 73.98 73.98 73.98 74.98
jtekt column systems corp... - - - - 3.85
jtekt corporation 68.33 68.33 68.33 68.33 65.70
maruti suzuki india limit... 5.64 5.64 5.64 5.64 5.43
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 26.02 26.02 26.02 26.02 25.02
baroda bnp paribas mid ca... - - - - 2.11
investor education and pr... 1.85 - - 1.82 1.74
nippon life india trustee... 3.65 5.90 5.90 5.90 5.67
baroda bnp paribas india ... - - 1.43 2.22 -
mukul mahavir agrawal 1.64 1.64 1.61 1.30 -
investor education and pr... - 1.85 1.86 - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ2FY24 5 Nov 2023

Company News

JTEKT India informs about loss of share certificates3 Apr 2024, 10:53AM Jtekt India informs about disclosure 20 Mar 2024, 12:02PM JTEKT India informs about loss of share certificates18 Mar 2024, 11:56AM JTEKT India informs about loss of share certificates6 Mar 2024, 10:20AM JTEKT India informs about loss of share certificates28 Feb 2024, 3:26PM Jtekt India informs about disclosure27 Feb 2024, 4:20PM JTEKT India informs about disclosure 16 Feb 2024, 9:47AM JTEKT India - Quaterly Results14 Feb 2024, 1:34PM JTEKT India - Quaterly Results14 Feb 2024, 1:34PM JTEKT India - Quaterly Results14 Feb 2024, 1:34PM Jtekt India informs about updates on scheme of amalgamation21 Dec 2023, 2:36PM JTEKT India informs about disclosure 20 Dec 2023, 10:03AM JTEKT India informs about issuance of duplicate share certificate15 Dec 2023, 12:21PM JTEKT India bags new order from JTEKT Brasil11 Dec 2023, 5:32PM JTEKT India to expand capacity of MS-Gear Line6 Dec 2023, 5:40PM Jtekt India informs about newspaper publication3 Nov 2023, 4:17PM Jtekt India submits analyst meet intimation3 Nov 2023, 4:15PM JTEKT India informs about presentation for analyst3 Nov 2023, 11:53AM JTEKT India - Quaterly Results2 Nov 2023, 12:48PM JTEKT India - Quaterly Results2 Nov 2023, 12:48PM JTEKT India - Quaterly Results2 Nov 2023, 12:48PM JTEKT India - Quaterly Results10 Aug 2023, 1:03PM JTEKT India - Quaterly Results10 Aug 2023, 1:03PM JTEKT India - Quaterly Results10 Aug 2023, 1:03PM Jtekt India informs about newspaper publication19 Jul 2023, 4:21PM JTEKT India informs about audio recording of analyst call26 May 2023, 12:16PM Jtekt India informs about conference call 24 May 2023, 12:53PM JTEKT India informs about newspaper publication 23 May 2023, 2:34PM Jtekt India informs about outcome of board meeting23 May 2023, 10:03AM JTEKT India - Quaterly Results22 May 2023, 2:37PM JTEKT India - Quaterly Results22 May 2023, 2:37PM JTEKT India - Quaterly Results22 May 2023, 2:37PM Jtekt India informs about newspaper advertisements6 May 2023, 2:37PM Jtekt India informs about details of loss of certificate 27 Apr 2023, 2:57PM Jtekt India informs about disclosure22 Apr 2023, 3:56PM Jtekt India informs about loss of share certificates19 Apr 2023, 4:26PM Jtekt India informs about resignation of CS28 Mar 2023, 4:40PM Jtekt India informs about resignation of director16 Mar 2023, 4:56PM JTEKT India informs about newspaper publication 10 Feb 2023, 2:39PM JTEKT India - Quaterly Results9 Feb 2023, 1:22PM JTEKT India - Quaterly Results9 Feb 2023, 1:22PM JTEKT India - Quaterly Results9 Feb 2023, 1:22PM JTEKT India informs about loss of their share certificates31 Jan 2023, 3:04PM Jtekt India informs about trading window closure31 Dec 2022, 1:35PM Jtekt India informs about loss of share certificates13 Dec 2022, 5:16PM JTEKT India informs about loss of their share certificates8 Dec 2022, 10:01AM JTEKT India informs about loss of share certificate 2 Dec 2022, 9:31AM Jtekt India informs about loss of share certificate29 Nov 2022, 3:01PM JTEKT India informs about audio recording of analyst meet18 Nov 2022, 9:49AM JTEKT India informs about conference call 16 Nov 2022, 9:49AM

JTEKT India Stock Price Analysis and Quick Research Report. Is JTEKT India an attractive stock to invest in?

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The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how JTEKT India is performing and if it is the right time to buy the stock of JTEKT India with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, JTEKT India has reported outstanding sales growth of 28.7327196093626 % and in the latest quarter sales was Rs 552.004 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 13.1999016964055 times for JTEKT India . It is managing its inventory poorly .
     
  • JTEKT India reported Profit growth of 140.795004964254 % over the year, where the latest year profit is Rs 79.792 Cr compared to the previous year of Rs 33.1369 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of JTEKT India in the latest quarter is Rs 50.9970000000001 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • JTEKT India has a average ROE of 12.4407407442055 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. JTEKT India has a low Debt to Equity ratio of 0.0854.
     
  • JTEKT India pays a dividend of 0.5 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0.2762 %.
     
  • The share of promoter in JTEKT India is high at 74.98 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of JTEKT India is 49.3502220759993 compared to the 5 year average PE of 65.6688492156838 .
     
  • Share Price: - The current share price of JTEKT India is Rs 180. One can use valuation calculators of ticker to know if JTEKT India share price is undervalued or overvalued.
Last Updated on:
Brief about JTEKT India

JTEKT India Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Introduction

JTEKT India Ltd. is a leading automotive technology company engaged in the manufacturing and sale of automotive components, particularly drive line components and steering systems. The company is a subsidiary of JTEKT Corporation, Japan, one of the largest automotive technology suppliers in the world.

Business Overview

JTEKT India Ltd. operates through two major business segments: Automotive Components and Industrial Components. Under the Automotive Components segment, the company manufactures and supplies various components such as power steering systems, driveline components, and bearings. The Industrial Components segment focuses on producing machine tools, heavy machinery, and other industrial equipment.

Market Position

JTEKT India Ltd. holds a strong position in the automotive industry. The company's focus on innovation, quality, and customer-centric approach has enabled it to establish long-standing relationships with major automakers. With its state-of-the-art manufacturing facilities and technological expertise, JTEKT India Ltd. has become a trusted partner for the global automotive industry.

JTEKT India Ltd. - Share Price

The share price of JTEKT India Ltd. reflects the market's perception of the company's performance and future prospects. Our website provides a comprehensive analysis of the company's share price, including historical data, price movements, and trends. Using our pre-built screening tools, investors can track the performance of JTEKT India Ltd. shares and make informed investment decisions.

JTEKT India Ltd. - Balance Sheet

Analyzing the balance sheet of JTEKT India Ltd. helps investors understand the company's financial position and stability. Our website offers a detailed analysis of the company's balance sheet, highlighting key financial indicators and trends. Utilizing our premium features, such as DCF Analysis and BVPS Analysis, investors can calculate the fair value of JTEKT India Ltd. shares and determine their investment potential.

JTEKT India Ltd. - Annual Report

The annual report of JTEKT India Ltd. provides a comprehensive overview of the company's performance, strategies, and future outlook. Investors can download the company's annual reports from our website, enabling them to gain insights into JTEKT India Ltd.'s financials, business operations, and corporate governance practices.

JTEKT India Ltd. - Dividend

JTEKT India Ltd. understands the importance of shareholder returns and has a consistent dividend distribution policy. Our website provides information on the company's dividend history, payout ratios, and dividend yield. Long-term investors can utilize this information to evaluate the company's dividend track record and assess its attractiveness as an investment opportunity.

JTEKT India Ltd. - Quarterly Results

Tracking the quarterly results of JTEKT India Ltd. gives investors a deeper understanding of the company's performance and growth trajectory. The website offers quarterly result analysis, including revenue, EBITDA, net profit, and other relevant metrics. Our premium features, such as Earnings multiple approach and DuPont analysis, enable investors to evaluate JTEKT India Ltd.'s financial performance in a more comprehensive manner.

JTEKT India Ltd. - Stock Price

Monitoring JTEKT India Ltd.'s stock price is crucial for investors seeking to make informed decisions. Our website provides real-time stock price updates, charts, and historical price data. Investors can analyze the stock's performance, identify trends, and use technical indicators to assess the best entry or exit points.

JTEKT India Ltd. - Price Chart

The price chart of JTEKT India Ltd. visually presents the company's stock performance over a specified period. Our website offers interactive price charts that allow investors to customize their view and analyze the stock's price movements. Utilizing our pre-built screening tools, investors can identify patterns and signals that may guide their investment decisions.

JTEKT India Ltd. - News

Accessing the latest news and updates about JTEKT India Ltd. is crucial for investors. Our website provides a dedicated section where investors can find news articles, press releases, and important announcements related to the company. Staying up-to-date with the latest developments can help investors make informed decisions and stay ahead of market trends.

JTEKT India Ltd. - Conference Call Transcripts

Our website offers downloadable con-call transcripts of JTEKT India Ltd. This allows investors to gain insights into management discussions, strategic initiatives, and future plans. Examining con-call transcripts helps investors gather valuable information beyond traditional financial statements, enabling them to make informed investment decisions.

JTEKT India Ltd. - Investor Presentations

Investor presentations provide a comprehensive overview of JTEKT India Ltd.'s business strategies, financial performance, and future outlook. These presentations are downloadable on our website, allowing investors to access detailed information and analyze the company's investment potential.

JTEKT India Ltd. - Promoters

The promoters of JTEKT India Ltd. play a crucial role in the company's growth and long-term prospects. Our website provides information about the company's promoters, their background, and their contributions. Understanding the promoters' vision and commitment helps investors assess the company's stability and alignment with long-term goals.

JTEKT India Ltd. - Shareholders

Knowing the major shareholders of JTEKT India Ltd. provides insights into the company's ownership structure and potential shareholder value creation. Our website offers information on the company's major shareholders and their holdings. Investors can evaluate the presence of institutional investors and assess their confidence in JTEKT India Ltd.'s future prospects.

By providing comprehensive analysis, valuable resources, and premium features such as fair value calculation tools, our website aims to cater to long-term stock investors looking for in-depth stock analysis of JTEKT India Ltd.

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