JTEKT India Ltd
JTEKTINDIAJTEKT India Ltd
JTEKTINDIA
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 44.49 | 5.00 | 0.37% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 38.75 | 6.75 | 0.73% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
JTEKT India Ltd is primarily engaged in the manufacture of steering systems and other auto components for the passenger car and utility vehicle manufacturers
Investor Presentation
View olderPeers
Compare with peersSamvardhana Motherson International Ltd
Bosch Ltd
UNO Minda Ltd
Schaeffler India Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,093.37 | 1,171.07 | 1,532.17 | 1,785.66 | 1,541.89 | 1,357.98 | 1,620.84 | 2,085.79 | 2,264.38 | 2,354.65 | ||||||||||
Raw Materials | 717.63 | 776.23 | 1,015.61 | 1,212.90 | 1,071.87 | 973.78 | 1,174.03 | 1,525.23 | 1,604.69 | 2,136.98 | ||||||||||
| Power & Fuel Cost | 21.24 | 21.29 | 24.19 | 25.27 | 19.76 | 17.15 | 19.52 | 23.05 | 25.06 | |||||||||||
| Employee Cost | 130.33 | 136.07 | 168.07 | 183.56 | 201.81 | 180.58 | 189.54 | 201.06 | 226.02 | |||||||||||
| Selling & Administrative Expenses | 52.60 | 43.71 | 53.85 | 76.93 | 54.55 | 42.69 | 57.08 | 78.03 | 85.61 | |||||||||||
| Operating & Other expenses | 39.21 | 59.15 | 68.54 | 73.60 | 64.86 | 43.51 | 65.88 | 83.23 | 88.97 | |||||||||||
EBITDA | 132.36 | 134.62 | 201.91 | 213.40 | 129.04 | 100.27 | 114.79 | 175.19 | 234.03 | 217.67 | ||||||||||
| Depreciation/Amortization | 71.90 | 74.77 | 91.95 | 90.60 | 86.51 | 77.93 | 65.91 | 67.62 | 81.44 | 83.41 | ||||||||||
| PBIT | 60.46 | 59.85 | 109.96 | 122.80 | 42.53 | 22.34 | 48.88 | 107.57 | 152.59 | 134.26 | ||||||||||
| Interest & Other Items | 28.23 | 24.26 | 21.33 | 15.52 | 9.89 | 4.66 | 3.67 | 4.72 | 6.12 | 7.94 | ||||||||||
| PBT | 32.23 | 35.59 | 88.63 | 107.28 | 32.64 | 17.68 | 45.21 | 102.85 | 146.47 | 126.32 | ||||||||||
| Taxes & Other Items | 7.25 | 10.50 | 31.14 | 38.74 | 5.13 | 5.37 | 12.07 | 23.05 | 39.58 | 33.93 | ||||||||||
| Net Income | 24.98 | 25.09 | 57.49 | 68.54 | 27.51 | 12.31 | 33.14 | 79.80 | 106.89 | 92.39 | ||||||||||
| EPS | 1.26 | 1.26 | 2.89 | 3.09 | 1.13 | 0.50 | 1.36 | 3.26 | 4.29 | 3.63 | ||||||||||
| DPS | 0.50 | 0.50 | 0.50 | 0.80 | 0.35 | 0.15 | 0.40 | 0.50 | 0.60 | 0.60 | ||||||||||
| Payout ratio | 0.40 | 0.40 | 0.17 | 0.26 | 0.31 | 0.30 | 0.30 | 0.15 | 0.14 | 0.17 |
Company Updates
Investor Presentation
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| JTEKT India Ltd | 38.45 | 5.00 | 0.37% |
| Samvardhana Motherson International Ltd | 40.52 | 3.90 | 0.49% |
| Bosch Ltd | 40.48 | 8.36 | 1.10% |
| UNO Minda Ltd | 68.03 | 11.37 | 0.19% |
Price Comparison
Compare JTEKTINDIA with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Jan 2024
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding JTEKT India Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 6.0726% | Percentage of the fund’s portfolio invested in the stock 0.40% | Change in the portfolio weight of the stock over the last 3 months 0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 64/234 (-25) |
Baroda BNP Paribas Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8404% | Percentage of the fund’s portfolio invested in the stock 2.30% | Change in the portfolio weight of the stock over the last 3 months 0.17% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 9/74 (0) |
Baroda BNP Paribas Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5471% | Percentage of the fund’s portfolio invested in the stock 1.05% | Change in the portfolio weight of the stock over the last 3 months 0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 56/78 (+4) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.37%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.71 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 26, 2024
Dividend/Share
₹0.60
Ex DateEx Date
Jul 26, 2024
Cash Dividend
Ex DateEx DateJul 28, 2023
Dividend/Share
₹0.50
Ex DateEx Date
Jul 28, 2023
Cash Dividend
Ex DateEx DateAug 11, 2022
Dividend/Share
₹0.40
Ex DateEx Date
Aug 11, 2022
Cash Dividend
Ex DateEx DateSep 2, 2021
Dividend/Share
₹0.15
Ex DateEx Date
Sep 2, 2021
Cash Dividend
Ex DateEx DateSep 15, 2020
Dividend/Share
₹0.35
Ex DateEx Date
Sep 15, 2020
Net profit of JTEKT India declined 35.41% to Rs 19.48 crore in the quarter ended September 2024 as against Rs 30.16 crore during the previous quarter ended September 2023. Sales rose 3.67% to Rs 605.31 crore in the quarter ended September 2024 as against Rs 583.88 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales605.31583.88 4 OPM %7.8110.31 - PBDT46.2361.15 -24 PBT25.5841.57 -38 NP19.4830.16 -35 Powered by Capital Market - Live
JTEKT India will hold a meeting of the Board of Directors of the Company on 14 November 2024.Powered by Capital Market - Live
JTEKT India announced that S. Senthil Kumar has resigned from the position of Vice President of the Company with effect from 31 August 2024. Powered by Capital Market - Live
JTEKT India standalone net profit declines 20.26% in the June 2024 quarter
Net profit of JTEKT India declined 20.26% to Rs 14.88 crore in the quarter ended June 2024 as against Rs 18.66 crore during the previous quarter ended June 2023. Sales rose 15.79% to Rs 552.91 crore in the quarter ended June 2024 as against Rs 477.52 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales552.91477.52 16 OPM %6.767.18 - PBDT39.9536.55 9 PBT20.0617.55 14 NP14.8818.66 -20 Powered by Capital Market - Live
JTEKT India will hold a meeting of the Board of Directors of the Company on 1 August 2024.Powered by Capital Market - Live
JTEKT India Consolidated June 2023 Net Sales at Rs 477.52 crore, up 1.23% Y-o-Y
JTEKT India Consolidated December 2022 Net Sales at Rs 471.03 crore, up 14.14% Y-o-Y
JTEKT India consolidated net profit rises 192.01% in the September 2022 quarter
JTEKT India stock rallies nearly 3% after it starts production of new automotive component
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 4.86%, vs industry avg of 8.46%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.81% to 0.7%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 9.29%, vs industry avg of 10.9%