JTEKT India Ltd
JTEKT India Ltd is primarily engaged in the business of manufacturing steering systems & other auto components for the passenger car and utility vehicle manufacturers in the automobile sector.[1]
- Market Cap ₹ 4,387 Cr.
- Current Price ₹ 173
- High / Low ₹ 226 / 126
- Stock P/E 42.6
- Book Value ₹ 32.3
- Dividend Yield 0.35 %
- ROCE 16.6 %
- ROE 12.9 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 19.3%
Cons
- Stock is trading at 5.34 times its book value
- Company has a low return on equity of 11.1% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,119 | 1,043 | 1,079 | 1,077 | 1,165 | 1,525 | 1,773 | 1,531 | 1,350 | 1,610 | 2,044 | 2,245 | 2,321 | |
1,001 | 944 | 956 | 961 | 1,034 | 1,330 | 1,572 | 1,413 | 1,258 | 1,499 | 1,857 | 2,030 | 2,103 | |
Operating Profit | 118 | 99 | 123 | 116 | 130 | 195 | 201 | 118 | 92 | 111 | 187 | 215 | 218 |
OPM % | 11% | 10% | 11% | 11% | 11% | 13% | 11% | 8% | 7% | 7% | 9% | 10% | 9% |
6 | 40 | 4 | 16 | 4 | 7 | 13 | 11 | 8 | 4 | 5 | 19 | 13 | |
Interest | 34 | 32 | 25 | 28 | 24 | 21 | 16 | 10 | 5 | 4 | 5 | 6 | 7 |
Depreciation | 43 | 49 | 78 | 72 | 75 | 92 | 91 | 87 | 78 | 66 | 73 | 81 | 82 |
Profit before tax | 47 | 58 | 24 | 32 | 36 | 89 | 107 | 33 | 18 | 45 | 114 | 146 | 142 |
Tax % | 35% | 11% | 24% | 22% | 30% | 35% | 36% | 16% | 30% | 27% | 24% | 27% | |
31 | 52 | 18 | 25 | 25 | 58 | 69 | 28 | 12 | 33 | 87 | 107 | 103 | |
EPS in Rs | 1.54 | 2.60 | 0.90 | 1.26 | 1.26 | 2.89 | 2.80 | 1.13 | 0.50 | 1.36 | 3.56 | 4.20 | 4.14 |
Dividend Payout % | 42% | 31% | 72% | 40% | 40% | 17% | 29% | 31% | 30% | 30% | 14% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 5% |
3 Years: | 18% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 8% |
3 Years: | 102% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 18% |
3 Years: | 18% |
1 Year: | 29% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 11% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 24 | 24 | 24 | 24 | 24 | 25 |
Reserves | 223 | 247 | 242 | 255 | 279 | 509 | 549 | 549 | 553 | 582 | 709 | 796 |
308 | 276 | 257 | 279 | 245 | 232 | 188 | 78 | 49 | 71 | 62 | 115 | |
237 | 238 | 218 | 219 | 221 | 252 | 272 | 185 | 261 | 269 | 284 | 342 | |
Total Liabilities | 787 | 780 | 737 | 773 | 765 | 1,013 | 1,034 | 837 | 887 | 947 | 1,080 | 1,279 |
421 | 421 | 406 | 438 | 443 | 516 | 495 | 450 | 391 | 367 | 481 | 503 | |
CWIP | 31 | 67 | 62 | 38 | 21 | 23 | 9 | 2 | 6 | 93 | 25 | 93 |
Investments | 69 | 35 | 35 | 35 | 34 | 5 | 5 | 5 | 5 | 5 | 0 | 0 |
266 | 256 | 233 | 262 | 266 | 469 | 525 | 381 | 485 | 481 | 574 | 683 | |
Total Assets | 787 | 780 | 737 | 773 | 765 | 1,013 | 1,034 | 837 | 887 | 947 | 1,080 | 1,279 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
57 | 96 | 129 | 89 | 150 | 164 | 170 | 108 | 83 | 96 | 83 | 172 | |
-77 | -15 | -63 | -65 | -61 | -113 | 22 | -25 | -22 | -114 | -84 | -172 | |
20 | -81 | -66 | -23 | -91 | -50 | -83 | -149 | -42 | 15 | -24 | 28 | |
Net Cash Flow | -0 | 0 | -0 | 2 | -2 | 1 | 108 | -67 | 19 | -3 | -25 | 29 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 51 | 49 | 39 | 47 | 47 | 63 | 56 | 47 | 70 | 56 | 50 | 54 |
Inventory Days | 25 | 36 | 36 | 37 | 37 | 35 | 32 | 37 | 47 | 43 | 49 | 47 |
Days Payable | 68 | 77 | 73 | 79 | 77 | 66 | 64 | 49 | 78 | 63 | 56 | 61 |
Cash Conversion Cycle | 8 | 7 | 3 | 5 | 7 | 31 | 24 | 34 | 39 | 36 | 43 | 40 |
Working Capital Days | 1 | -5 | -11 | -6 | -2 | 21 | 19 | 29 | 40 | 32 | 40 | 37 |
ROCE % | 16% | 10% | 9% | 9% | 11% | 17% | 16% | 6% | 3% | 8% | 16% | 17% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 2d
- Shareholder Meeting / Postal Ballot-Outcome of AGM 13 Aug
- Resignation Of Senior Management Personnel 12 Aug
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 2 Aug
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 2 Aug
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
Concalls
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Jun 2024Transcript PPT
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Nov 2023Transcript PPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
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Feb 2016TranscriptNotesPPT
Product Portfolio
1) Steering & Columns (~96%): The co. manufactures high-performance rack and pinion manual steering gear, hydraulic power steering System, recirculating ball screw assembly, column type electric power steering for passenger vehicle, tilt & telescopic steering column, intermediate shaft, advanced columns, etc. [1] [2]