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JTEKT India

  • Market Cap: Small Cap
  • Industry: Auto Ancillary
  • ISIN: INE643A01035
  • NSEID: JTEKTINDIA
  • BSEID: 520057
INR
134.35
1.6 (1.21%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.95 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.95 lacs (124.53%) Volume

Shareholding (Dec 2024)

FII

0.43%

Held by 29 FIIs

DII

9.32%

Held by 11 DIIs

Promoter

74.98%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 7.74% and Operating profit at 12.09% over the last 5 years

 
2

Negative results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 3,416 Cr (Small Cap)

stock-summary
P/E

43.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.45%

stock-summary
Debt Equity

0.03

stock-summary
Return on Equity

10.62%

stock-summary
Price to Book

4.60

Revenue and Profits (1 Year):
Net Sales:
592 Cr
(Quarterly Results - Dec 2024)
Net Profit:
16 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.45%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-23.45%
0%
-23.45%
1 Year
-22.12%
0.35%
-21.77%
2 Years
31.78%
0.88%
32.66%
3 Years
65.15%
2.20%
67.35%
4 Years
56.77%
1.93%
58.7%
5 Years
193.34%
4.12%
197.46%

Latest dividend: 0.6 per share ex-dividend date: Jul-26-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.74%
EBIT Growth (5y)
12.09%
EBIT to Interest (avg)
13.82
Debt to EBITDA (avg)
0.50
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.45
Tax Ratio
23.73%
Dividend Payout Ratio
14.28%
Pledged Shares
0
Institutional Holding
9.75%
ROCE (avg)
9.02%
ROE (avg)
8.25%
Valuation key factors
Factor
Value
P/E Ratio
43
Industry P/E
28
Price to Book Value
4.60
EV to EBIT
31.95
EV to EBITDA
18.54
EV to Capital Employed
4.50
EV to Sales
1.65
PEG Ratio
NA
Dividend Yield
0.45%
ROCE (Latest)
14.08%
ROE (Latest)
10.62%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 9 Schemes (8.7%)

FIIs

Held by 29 FIIs (0.43%)

Promoter with highest holding

Jtekt Corporation (65.7%)

Highest Public shareholder

Nippon Life India Trustee Ltd-a/c Nippon India Sma (5.67%)

Individual Investors Holdings

11.51%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 7.23% vs 15.63% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -31.54% vs 77.24% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "591.93",
          "val2": "552.00",
          "chgp": "7.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "43.58",
          "val2": "51.00",
          "chgp": "-14.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.72",
          "val2": "1.47",
          "chgp": "85.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "16.26",
          "val2": "23.75",
          "chgp": "-31.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.36%",
          "val2": "9.24%",
          "chgp": "-1.88%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 9.12% vs 0.26% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -29.60% vs 14.85% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,158.22",
          "val2": "1,061.40",
          "chgp": "9.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "84.64",
          "val2": "94.44",
          "chgp": "-10.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.33",
          "val2": "2.51",
          "chgp": "72.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.74",
          "val2": "7.39",
          "chgp": "-89.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "34.36",
          "val2": "48.81",
          "chgp": "-29.60%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.31%",
          "val2": "8.90%",
          "chgp": "-1.59%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 8.48% vs 5.03% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -30.24% vs 29.80% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,750.15",
          "val2": "1,613.40",
          "chgp": "8.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "128.22",
          "val2": "145.44",
          "chgp": "-11.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "7.05",
          "val2": "3.98",
          "chgp": "77.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.74",
          "val2": "7.39",
          "chgp": "-89.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "50.62",
          "val2": "72.56",
          "chgp": "-30.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.33%",
          "val2": "9.01%",
          "chgp": "-1.68%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 9.86% vs 26.91% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 22.66% vs 162.88% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,245.49",
          "val2": "2,043.93",
          "chgp": "9.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "215.13",
          "val2": "186.81",
          "chgp": "15.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.12",
          "val2": "4.74",
          "chgp": "29.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "7.39",
          "val2": "-3.26",
          "chgp": "326.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "106.86",
          "val2": "87.12",
          "chgp": "22.66%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.58%",
          "val2": "9.14%",
          "chgp": "0.44%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
591.93
552.00
7.23%
Operating Profit (PBDIT) excl Other Income
43.58
51.00
-14.55%
Interest
2.72
1.47
85.03%
Exceptional Items
0.00
0.00
Standalone Net Profit
16.26
23.75
-31.54%
Operating Profit Margin (Excl OI)
7.36%
9.24%
-1.88%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 7.23% vs 15.63% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -31.54% vs 77.24% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,158.22
1,061.40
9.12%
Operating Profit (PBDIT) excl Other Income
84.64
94.44
-10.38%
Interest
4.33
2.51
72.51%
Exceptional Items
0.74
7.39
-89.99%
Standalone Net Profit
34.36
48.81
-29.60%
Operating Profit Margin (Excl OI)
7.31%
8.90%
-1.59%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 9.12% vs 0.26% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -29.60% vs 14.85% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,750.15
1,613.40
8.48%
Operating Profit (PBDIT) excl Other Income
128.22
145.44
-11.84%
Interest
7.05
3.98
77.14%
Exceptional Items
0.74
7.39
-89.99%
Standalone Net Profit
50.62
72.56
-30.24%
Operating Profit Margin (Excl OI)
7.33%
9.01%
-1.68%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 8.48% vs 5.03% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -30.24% vs 29.80% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,245.49
2,043.93
9.86%
Operating Profit (PBDIT) excl Other Income
215.13
186.81
15.16%
Interest
6.12
4.74
29.11%
Exceptional Items
7.39
-3.26
326.69%
Standalone Net Profit
106.86
87.12
22.66%
Operating Profit Margin (Excl OI)
9.58%
9.14%
0.44%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 9.86% vs 26.91% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 22.66% vs 162.88% in Mar 2023

stock-summaryCompany CV
About JTEKT India Ltd stock-summary
stock-summary
JTEKT India Ltd
Small Cap
Auto Ancillary
JTEKT India Limited was formerly incorporated as 'Sona Koya Steering Systems Limited' in June, 1984, which later on, was changed from `Sona Koyo Steering Systems Limited' to `JTEKT India Limited' effective from 7th April, 2018. Company is the largest manufacturer of Steering gears in India and a leading supplier of Hydraulic Power Steering Systems, Manual Rack & Pinion Steering Systems, Collapsible, Tilt and Rigid Steering Columns for Passenger Vans and MUVs.
Company Coordinates stock-summary
Company Details
UGF-6 Indraprakash, 21 Barakhamba Road New Delhi New Delhi : 110001
stock-summary
Tel: 91-11-23311924
stock-summary
investorgrievance@sonagroup.com
Registrar Details
Karvy Computershare Pvt Ltd, 305 New Delhi House, 27 Barakhamba Road, New Delhi