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JTEKT India Overview

JTEKT India Ltd is an primarily India-based corporation that is normally engaged within the enterprise of producing and assembling of automobile additives. The Company is a manufacturer of rack and pinion steering systems, hydraulic power steering (HPS) structures and drive line products. It additionally manufactures column-type electric powered steering (CEPS) and manual steerage gear (MS). The Company’s products are there in various fields, such as wind power generation, railway, aeronautics, metal and semiconductor manufacturing facil...Read More

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JTEKT India Key Financials

Market Cap ₹3578 Cr.

Stock P/E 47.5

P/B 3.1

Current Price ₹129

Book Value ₹ 41.7

Face Value 1

52W High ₹189

Dividend Yield 0.53%

52W Low ₹ 117

JTEKT India Share Price

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Volume
Price

JTEKT India Quarterly Price

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JTEKT India Peer Comparison

JTEKT India Quarterly Results

#(Fig in Cr.) Mar 2018 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 426 552 632 553 605 592 649 566 639 680
Other Income 2 1 4 5 1 2 2 9 4 8
Total Income 428 553 636 558 606 594 651 575 643 689
Total Expenditure 365 501 562 516 558 548 593 535 593 628
Operating Profit 64 52 74 42 48 45 59 40 50 61
Interest 4 1 2 2 2 3 3 4 2 4
Depreciation 23 20 23 20 21 20 22 21 23 26
Exceptional Income / Expenses 0 0 0 0 1 0 0 0 0 -4
Profit Before Tax 37 31 49 20 26 22 34 15 25 27
Provision for Tax 13 7 15 5 7 6 9 4 7 7
Profit After Tax 23 24 34 15 19 16 25 11 18 20
Adjustments -23 0 0 0 0 -0 0 0 0 0
Profit After Adjustments 0 24 34 15 19 16 25 11 18 20
Adjusted Earnings Per Share 1.1 1 1.3 0.6 0.7 0.6 0.9 0.4 0.7 0.7

JTEKT India Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1079 1077 1165 1525 1773 1531 1350 1610 2044 2245 2399 2534
Other Income 4 16 6 7 13 11 8 10 9 11 10 23
Total Income 1083 1093 1171 1532 1786 1542 1358 1621 2052 2257 2409 2558
Total Expenditure 956 961 1036 1330 1572 1413 1258 1499 1857 2030 2215 2349
Operating Profit 127 132 135 202 213 129 100 122 195 227 195 210
Interest 25 28 24 21 16 10 5 4 5 6 10 13
Depreciation 78 72 75 92 91 87 78 66 73 81 83 92
Exceptional Income / Expenses 0 0 0 0 0 0 0 -7 -3 7 1 -4
Profit Before Tax 24 32 36 89 107 33 18 45 114 146 102 101
Provision for Tax 6 7 10 31 39 5 5 12 27 40 27 27
Profit After Tax 18 25 25 58 69 28 12 33 87 107 75 74
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 18 25 25 58 69 28 12 33 87 107 75 74
Adjusted Earnings Per Share 0.9 1.2 1.2 2.8 2.7 1.1 0.5 1.3 3.5 4.1 2.9 2.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 7% 14% 9% 8%
Operating Profit CAGR -14% 17% 9% 4%
PAT CAGR -30% 31% 22% 15%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -5% 9% 10% 11%
ROE Average 9% 12% 9% 9%
ROCE Average 11% 15% 11% 12%

JTEKT India Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 262 275 299 529 573 574 577 607 734 822 880
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 145 143 120 99 47 16 17 34 31 60 77
Other Non-Current Liabilities 71 29 77 97 137 111 107 27 46 76 73
Total Current Liabilities 295 364 322 428 463 233 286 307 321 416 556
Total Liabilities 773 811 818 1152 1222 934 987 976 1131 1373 1585
Fixed Assets 406 438 443 516 495 450 391 360 475 498 581
Other Non-Current Assets 141 86 116 117 145 117 124 138 86 212 395
Total Current Assets 227 288 259 519 582 367 472 477 570 662 609
Total Assets 773 811 818 1152 1222 934 987 976 1131 1373 1585

JTEKT India Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 5 3 4 112 46 65 64 47 75
Cash Flow from Operating Activities 129 89 150 164 170 108 83 96 95 172 194
Cash Flow from Investing Activities -63 -65 -61 -117 22 -25 -22 -114 -84 -172 -272
Cash Flow from Financing Activities -66 -23 -91 -50 -83 -149 -42 15 -28 28 18
Net Cash Inflow / Outflow -0 2 -2 -3 108 -67 19 -3 -17 29 -59
Closing Cash & Cash Equivalent 1 3 3 4 112 46 65 62 47 75 16

JTEKT India Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.88 1.23 1.24 2.83 2.74 1.1 0.49 1.33 3.49 4.11 2.9
CEPS(Rs) 4.72 4.77 4.92 7.36 6.37 4.56 3.61 3.96 6.42 7.25 6.07
DPS(Rs) 0.64 0.49 0.49 0.49 0.78 0.34 0.15 0.39 0.49 0.59 0.69
Book NAV/Share(Rs) 12.91 13.55 14.7 25.8 22.94 22.96 23.1 24.28 29.32 31.61 33.85
Core EBITDA Margin(%) 9.97 9.47 9.68 12.46 11.33 7.71 6.85 6.91 9.14 9.58 7.7
EBIT Margin(%) 3.96 4.92 4.52 7.03 6.93 2.78 1.65 3.03 5.82 6.79 4.7
Pre Tax Margin(%) 1.93 2.62 2.69 5.66 6.05 2.13 1.31 2.81 5.59 6.52 4.27
PAT Margin (%) 1.46 2.03 1.9 3.67 3.87 1.8 0.91 2.06 4.26 4.76 3.14
Cash Profit Margin (%) 7.81 7.88 7.55 9.55 8.98 7.45 6.68 6.15 7.84 8.39 6.58
ROA(%) 2.28 3.15 3.08 5.84 5.78 2.55 1.28 3.38 8.27 8.54 5.09
ROE(%) 6.8 9.3 8.75 13.98 12.5 4.8 2.14 5.6 13.01 13.75 8.85
ROCE(%) 9.18 11.27 10.89 16.85 16.13 6.04 3.52 7.55 16.23 17.71 11.47
Receivable days 37.98 37.86 39.7 47.93 54.81 55.71 61.58 57.15 46.94 49.65 49.69
Inventory Days 21.19 21.24 20.62 20 20.37 25.31 31.37 29.64 29.01 31.6 29.68
Payable days 75.13 76.01 74.88 62.39 59.49 60.51 66.64 64.18 53.33 55.71 56.13
PER(x) 55.72 36.97 64.71 34.04 39.13 35.69 167.13 54.74 28.99 41.87 41.86
Price/Book(x) 3.82 3.36 5.44 3.74 4.68 1.71 3.57 2.99 3.45 5.45 3.58
Dividend Yield(%) 1.29 1.08 0.61 0.51 0.73 0.87 0.18 0.54 0.48 0.34 0.57
EV/Net Sales(x) 1.16 1.11 1.6 1.38 1.56 0.66 1.51 1.13 1.24 2.01 1.37
EV/Core EBITDA(x) 9.91 9.06 13.87 10.45 12.92 7.82 20.33 14.97 12.93 19.89 16.9
Net Sales Growth(%) 3.42 -0.12 8.09 30.98 16.24 -13.66 -11.8 19.28 26.91 9.86 6.85
EBIT Growth(%) -46.01 24.18 -1.03 83.74 11.69 -65.37 -47.47 118.75 143.31 28.3 -26.16
PAT Growth(%) -65.2 39.05 0.37 129.18 19.24 -59.88 -55.22 169.03 162.9 22.67 -29.57
EPS Growth(%) -65.2 39.06 0.37 129.17 -3.07 -59.88 -55.22 169.04 162.9 17.94 -29.57
Debt/Equity(x) 0.98 1.02 0.82 0.44 0.33 0.13 0.08 0.11 0.08 0.13 0.17
Current Ratio(x) 0.77 0.79 0.8 1.21 1.26 1.57 1.65 1.55 1.78 1.59 1.1
Quick Ratio(x) 0.53 0.59 0.56 1 1.03 1.11 1.22 1.11 1.19 1.11 0.76
Interest Cover(x) 1.95 2.14 2.47 5.16 7.91 4.3 4.79 13.32 25.1 24.93 10.92
Total Debt/Mcap(x) 0.26 0.3 0.15 0.12 0.07 0.08 0.02 0.04 0.02 0.02 0.05

JTEKT India Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 73.98 74.98 74.98 74.98 74.98 74.98 74.98 74.98 74.98 74.98
FII 0.52 0.48 0.58 0.43 0.43 0.45 0.46 0.56 0.46 0.47
DII 9.24 8.92 8.97 8.86 9.32 9.3 10.69 11.23 11.12 11.14
Public 16.26 15.62 15.48 15.73 15.27 15.27 13.86 13.23 13.44 13.4
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

JTEKT India News

JTEKT India Pros & Cons

Pros

  • Company has delivered good profit growth of 21% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 12% over the last 3 years.
  • Debtor days have increased from 55.71 to 56.13days.
  • Stock is trading at 3.1 times its book value.
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