JTEKTINDIAConsumer Discretionary

Jtekt India Limited

Auto Components & Equipments · ISIN INE643A01035 · BSE 520057 · NSE EQ · FV ₹1
Last price
₹119
+1.49%today
What this company does

Jtekt India Limited operates in Auto Components & Equipments, part of the Consumer Discretionary sector. It booked ₹584 cr of revenue in its latest quarter (Q2 FY24) and kept 4.6% of sales as profit.

The Company is engaged in the business of manufacturing steering systems Judgements & other auto components for passenger car and utility vehicle  Lease classification – Note 41 manufacturers in the automobile sector.
The Company is primarily engaged in the manufacturing of auto components of Deferred tax assets and deferred tax liabilities are offset if a four wheeler industry.
In the report:
67out of 100
Equitytale Health Score
Solid

Healthier than 67% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
33

At close. Not part of the score.

Profitability & returns70

How much profit it earns on the money it employs

Balance sheet74

How much it owes, and whether earnings cover the interest

Cash quality49

Whether reported profit actually arrives as cash

Growth & consistency82

Whether sales and profit have grown, and how steadily

Valuation32

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 75%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 4.6% net margin

What if I invest in JTEKTINDIA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹119 +1.49%
latest close · 2026-09-17
1-year return
+17.6%
52-wk low ₹6652-wk high ₹145
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio26.8Average
LowAverageHigh
P/B ratio3.96High
Below bookModerateHigh
EV / EBITDA11.7Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.7%Fair
WeakFairStrong ▸15%
Return on capital21.3%Strong
WeakFairStrong
Net margin4.6%Thin
ThinDecentStrong
EBITDA margin10.7%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover35.4×Strong
RiskyOkayStrong ▸5×
Current ratio1.59Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,906 cr
Book value
₹30
EPS
₹1.11
latest quarter
Net debt
₹15 cr
owes more than its cash
Enterprise value
₹2,922 cr
EBITDA
₹249 cr
annualised
EBIT
₹171 cr
annualised
Operating margin
7.3%
Return on assets
9.2%
Earnings yield
3.74%
P/S
1.24
Sales / share
₹95.5
Tax rate
27.5%
Face value
₹1
Shares
24.4 cr
Working capital
₹221 cr
Current assets
₹597 cr
Current liabilities
₹376 cr
Delivery %
52.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹23₹44, midpoint ₹33

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY24 (consolidated)
Revenue from Operations₹584 cr
Other Income₹2 cr
Total Income₹586 cr
Cost of Materials₹421 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹56 cr
Finance Costs₹1 cr
Depreciation & Amortisation₹20 cr
Other Expenses₹51 cr
Total Expenses₹545 cr
Profit before Tax₹42 cr
Tax Expense₹11 cr
Net Profit₹30 cr
Net margin on total income5.1%
Where the money goes · Q2 FY24
% of total income
Materials + stock-in-trade₹416 cr71.0%
Employee benefit expense₹56 cr9.6%
Finance costs₹1 cr0.2%
Depreciation & amortisation₹20 cr3.3%
Other expenses₹51 cr8.8%
Tax expense₹11 cr1.9%
Profit for the period₹30 cr5.1%
Total income ₹586 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY23Q1 FY24Q2 FY24
Revenue530 cr478 cr584 cr
Total income532 cr481 cr586 cr
Expenses500 cr464 cr545 cr
Profit before tax32 cr25 cr42 cr
Tax6 cr6 cr11 cr
Net profit (owners' share)25 cr17 cr27 cr
Net margin (owners' share, on revenue)4.7%3.6%4.6%
EPS (₹)1.030.701.11
YoY (latest quarter): total income +2.3% · net profit -2.7%
Balance sheet & cash flow · as of Sep 2023
Low debt
Total assets
₹1,177 cr
Shareholder equity
₹734 cr
parent shareholders
Total debt
₹64 cr
Cash
₹49 cr
Cash flow · H1 FY24
Operating
₹77 cr
Investing
₹-60 cr
Financing
₹-15 cr
Peer comparison
Auto Components & Equipments · by market value
CompanyPriceMarket capP/E
Samvardhana Motherson International Limited₹162₹1.71 L cr41.3
Bosch Limited₹47,735₹1.41 L cr49.8
Bharat Forge Limited₹1,919₹91,740 cr
UNO Minda Limited₹1,205₹69,583 cr58.8
Schaeffler India Limited₹3,991₹62,379 cr48.0
Tube Investments of India Limited₹2,599₹50,313 cr74.6
Sona BLW Precision Forgings Limited₹778₹48,388 cr67.1
Endurance Technologies Limited₹2,691₹37,849 cr38.7
Exide Industries Limited₹419₹35,581 cr25.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.63%
trailing 12 months
Dividend / share (TTM)
₹0.75
Last dividend
₹0.75
ex 7 Aug 2026
ActionDetailEx-date
Dividend₹0.75 / share7 Aug 2026
Dividend₹0.7 / share8 Aug 2025
Rights issue11:125 Jul 2025
Dividend₹0.6 / share26 Jul 2024
Dividend₹0.5 / share28 Jul 2023
Dividend₹0.4 / share11 Aug 2022
Who owns it · 2026-06-30
No pledge
Promoter
75.0%
FII / Foreign
0.6%
DII / Domestic
10.2%
Retail / others
14.2%
Promoter stake up 1.0% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtJTEKT Bearings India Private Limited · Promoter Group10,000 · ₹14.2 L16 Jun 25
SoldJTEKT CORPORATION · Promoters13.00 L · ₹10.0 cr28 Jun 22
SoldJTEKT CORPORATION · Promoters12.00 L · ₹8.9 cr28 Jun 22
Bulk / block deals
SoldGRAVITON RESEARCH CAPITAL LLP · NSE15.46 L @ ₹142.6628 Aug 25
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE15.46 L @ ₹142.528 Aug 25
BoughtNIPPON INDIA MUTUAL FUND A/C NIPPON INDIA SMALL CAP FUND · NSE19.99 L @ ₹138.8425 Jun 25
Stake changes
BoughtJTEKT Column Systems Corporation · promoter→ 3.85% · 98.00 L3 Jan 24
BoughtNippon Life India Asset Management Limited→ 5.90% · 55.12 L26 May 23
BoughtJTEKT Corporation · promoter→ 69.36% · 4.57 cr16 Mar 19
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Aug 2026
See the official result
1
Adoption Audited Financial Statements for the financial year ended 31st March, 2026, including audited Balance Sheet as at 31st March, 2026, the Statements of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.91 cr votes for, 22,050 against · 0% of mutual funds and other big investors said no
2
Declaration of Dividend on equity shares for the year ended 31st March, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
2.91 cr votes for, 22,050 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. Yosuke Fujiwara (DIN : 09167191) who retires by rotation and being eligible,offers himself for re-appointment.
Backed by 98% of shareholders other than promotersneeded 50%
2.86 cr votes for, 5.16 L against · 2% of mutual funds and other big investors said no
4
Re-appointment of Mr. Minoru Sugisawa (DIN: 10119891) as Chairman & Managing Director of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
2.91 cr votes for, 22,084 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 75.0% between them · as of 2026-06-30
JTEKT Corporation66.02%
Maruti Suzuki India Limited5.43%
JTEKT Column Systems Corporation3.53%
JTEKT Bearings India Private Limitedno shares
JTEKT Micromatic Machinery India Private Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.