JTEKT India Ltd.
•Add ratio to table
ABOUT
AI Sector View
AI GENERATEDAutomobile and Auto Components
Domestic auto demand remains strong across categories, with total vehicles registered up 27% YoY (2026-07), passenger vehicle sales up 14% YoY (2026-06), 2-wheelers up 23% YoY (2026-06), and tractor sales up 18% YoY (2026-07). Core demand is reinforced by vehicle sales of 395199 units (Jul/26) and car registrations of 457810 units (Jul/26), outweighing FPI outflows of INR -11826 crore over 3 months to 2026-08-31. The stance stays positive because fundamentals are stronger than positioning.
PROS
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.07x)
- Company comfortably covers its interest (25.1x coverage)
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
CONS
- Company has a low return on equity of 7.3% over last 3 years
- Company has a low return on capital employed of 9.7%
- Company has delivered a poor profit growth of 5.0% over past five years
- Recurring exceptional / one-off items are inflating headline profit
- Company has delivered a poor sales growth of 6.1% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| MOTHERSON | 164.00 | 39.52 | 173092.86 | 0.37 | 1075.66 | 77.48 | 35243.77 | 17.70 | 13.63 | 8.86 |
| BOSCHLTD | 48602.60 | 60.66 | 143358.71 | 0.56 | 706.10 | -36.74 | 5841.90 | 22.00 | 25.60 | 14.08 |
| UNOMINDA | 1223.50 | 58.77 | 70653.11 | 0.22 | 315.51 | 2.10 | 5556.85 | 23.79 | 20.74 | 11.14 |
| TIINDIA | 2650.00 | 84.58 | 51296.66 | 0.13 | 293.96 | -3.04 | 6215.33 | 20.20 | 27.33 | 8.81 |
| SONACOMS | 803.10 | 72.02 | 50123.75 | 0.42 | 178.51 | 46.67 | 1301.20 | 52.38 | 14.75 | 22.55 |
| ENDURANCE | 2716.60 | 39.40 | 38212.47 | 0.42 | 244.52 | 8.03 | 4314.89 | 30.01 | 18.33 | 12.42 |
| CRAFTSMAN | 11852.65 | 66.68 | 30999.93 | 0.09 | 150.55 | 116.31 | 2431.58 | 36.30 | 14.65 | 15.81 |
| ZFCVINDIA | 2528.05 | 57.63 | 28770.60 | 0.03 | 1044.78 | 753.75 | 10661.76 | 992.89 | 20.23 | 12.93 |
| SANSERA | 4107.40 | 73.56 | 25631.64 | 0.10 | 87.36 | 38.71 | 1021.26 | 33.27 | 14.29 | 19.18 |
| MSUMI | 36.32 | 38.39 | 24086.20 | 1.60 | 1453.20 | 915.51 | 34072.60 | 1273.43 | 43.72 | 7.58 |
| GABRIEL | 1340.50 | 79.82 | 23757.68 | 0.37 | 1081.26 | 925.35 | 14256.83 | 1055.00 | 26.37 | 11.71 |
| JTEKTINDIA | 120.00 | 39.85 | 3328.76 | 0.62 | 30.16 | 0.22 | 583.88 | 2.26 | 9.39 | 10.31 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|
| 413 | 470 | 472 | 571 | 471 | 530 | 478 | 584 | |
| 394 | 428 | 432 | 513 | 433 | 480 | 443 | 524 | |
| Operating Profit | 19 | 42 | 40 | 58 | 38 | 50 | 34 | 60 |
| OPM % | 4.62% | 8.95% | 8.48% | 10.17% | 8.14% | 9.51% | 7.18% | 10.30% |
| 2 | -3 | -1 | 2 | 2 | 2 | 11 | 2 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 17 | 17 | 17 | 18 | 19 | 19 | 19 | 20 |
| Profit before Tax | 21 | 21 | 21 | 41 | 20 | 32 | 25 | 42 |
| Tax % | 26.00% | 27.32% | 26.33% | 26.95% | 23.41% | 17.96% | 25.18% | 27.45% |
| Net Profit | 16 | 15 | 16 | 30 | 15 | 26 | 19 | 30 |
| 0.59 | 0.58 | 0.58 | 1.14 | 0.39 | 1.03 | 0.70 | 1.11 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,492 | 1,553 | 1,518 | 1,211 | 1,519 | 1,754 | 1,511 | 1,333 | 1,589 | 2,044 | 2,063 | |
| 1,314 | 1,337 | 1,324 | 1,066 | 1,306 | 1,532 | 1,374 | 1,230 | 1,461 | 1,857 | 1,879 | |
| Operating Profit | 179 | 216 | 194 | 146 | 213 | 222 | 137 | 103 | 127 | 187 | 183 |
| OPM % | 11.96% | 13.89% | 12.77% | 12.02% | 14.01% | 12.64% | 9.06% | 7.71% | 8.01% | 9.14% | 8.88% |
| 40 | 5 | 16 | 6 | 7 | 12 | 9 | 5 | 3 | 5 | 17 | |
| Interest | 39 | 31 | 32 | 25 | 21 | 16 | 10 | 5 | 4 | 5 | 5 |
| Depreciation | 68 | 104 | 99 | 79 | 96 | 96 | 93 | 83 | 71 | 73 | 77 |
| Profit before Tax | 111 | 86 | 79 | 56 | 104 | 122 | 43 | 21 | 56 | 114 | 118 |
| Tax % | 22.28% | 31.17% | 31.85% | 27.62% | 34.44% | 35.74% | 18.25% | 33.25% | 26.81% | 23.70% | 23.73% |
| Net Profit | 86 | 59 | 54 | 40 | 68 | 78 | 35 | 14 | 41 | 87 | 90 |
| EPS | 3.41 | 1.91 | 1.86 | 2.04 | 2.72 | 2.98 | 1.24 | 0.48 | 1.51 | 3.33 | — |
| Dividend Payout % | 23.47% | 34.09% | 26.82% | 26.88% | 15.59% | 26.89% | 28.28% | 31.28% | 26.50% | 15.02% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 3%
- 5 Years:
- 6%
- 3 Years:
- 11%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 8%
- 5 Years:
- 5%
- 3 Years:
- 39%
STOCK PRICE CAGR
- 10 Years:
- 8%
- 5 Years:
- 4%
- 3 Years:
- -4%
- 1 Year:
- -27%
RETURN ON EQUITY
- 10 Years:
- 13%
- 5 Years:
- 8%
- 3 Years:
- 7%
- Last Year:
- 13%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 24 | 24 | 24 | 24 | 24 |
| Minority Interest | 79 | 99 | 112 | 16 | 21 | 24 | 26 | 26 | 29 | 31 |
| 289 | 304 | 327 | 363 | 520 | 568 | 571 | 574 | 607 | 678 | |
| 308 | 289 | 301 | 250 | 233 | 188 | 78 | 48 | 71 | 62 | |
| Trade Payables | 195 | 193 | 194 | 167 | 182 | 208 | 144 | 204 | 198 | 220 |
| 194 | 186 | 155 | 122 | 220 | 262 | 148 | 162 | 108 | 116 | |
| Total Liabilities | 1,084 | 1,090 | 1,109 | 938 | 1,195 | 1,275 | 991 | 1,039 | 1,038 | 1,131 |
| 602 | 584 | 600 | 477 | 549 | 533 | 487 | 425 | 392 | 475 | |
| Capital Work in Progress | 63 | 49 | 22 | 15 | 21 | 9 | 2 | 10 | 97 | 25 |
| 1 | 1 | 1 | 103 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 94 | 100 | 99 | 84 | 101 | 112 | 115 | 130 | 145 | 188 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cash & Bank | 3 | 18 | 36 | 3 | 84 | 124 | 62 | 75 | 80 | 57 |
| 321 | 337 | 351 | 257 | 439 | 498 | 326 | 399 | 324 | 387 | |
| Total Assets | 1,084 | 1,090 | 1,109 | 938 | 1,195 | 1,275 | 991 | 1,039 | 1,038 | 1,131 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 190 | 225 | 160 | 186 | 223 | 233 | 145 | 100 | 124 | 126 | |
| Cash from Investing | -42 | -81 | -79 | -64 | -122 | 16 | -34 | -40 | -126 | -84 |
| Cash from Financing | -122 | -102 | -35 | -100 | -55 | -85 | -153 | -44 | 14 | -28 |
| -0 | 15 | 18 | -2 | 1 | 115 | -61 | 7 | -4 | -17 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-28 - Jtekt India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 26, 2026. Further, the company has informed the Exchange regarding voting results.
2026-08-26 - Jtekt India Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 26, 2026
2026-08-14 - Jtekt India Limited has informed the Exchange about Certificate pursuant to Industry Standards on "Minimum Information to be provided to the Audit Committee and Shareholders for Approval of Related Party Transactions"
2026-08-14 - Jtekt India Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-13 - Monitoring Agency Report for the quarter ended 30th June, 2026
2026-08-13 - Jtekt India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-04 - Jtekt India Limited has informed the Exchange about General Updates
2026-08-01 - Jtekt India Limited has informed the Exchange about Copy of Newspaper Publication
2026-07-31 - Jtekt India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for FY 2025-26'.
News
Recent coverage and analyst commentary for JTEKTINDIA
Loading news…
AI Stock Analyst
JTEKT India Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account