JMT Auto Ltd

Key Stats

Day's Price Range
52-Week Price Range
1 Year Return-48.22 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 436
Rank 377
Rank 455
Dividend Yield
Rank 184
Rank 1083
Price To Book Ratio
Debt To Asset
Rank 178

Company Information

On 1 Mar.89 JMT Auto Ltd. formerly knwon as Jamshedpur Metal Treat JMTL was incorporated as a private limited company to take over the running business of Metal Treat Company an ancillary of TELCO engaged in pickling jobs. It was converted into a public limited company on 21 Apr.92. It is having manufacturing facilities in Jamshedpur Jharkhand and Dharwad Karnataka.As the company was able to meet TELCOs quality standards it was awarded a few more jobs by TELCO. After being assured by TELCO of orders for secondspeed gears thirdspeed gears fourthspeed gears oil pump gears spring pins water pumps shafts selector shafts rocher arm shafts ball pins etc the management decided to go in for a second expansion and was sanctioned a term loan of Rs 89 lac by the Bihar State Credit Investment Corporation. The installed capacity in terms of quantity is not ascertainable as the company manufactures various components for TELCO according to its requirements. The basic raw material for gears and shafts are forgings and bright bars respectively which are supplied by TELCO since the unit does jobwork only.JMTL came out with a public issue in Oct.94 for an expansion which enabled it to supply gears in finished form to TELCO. Due to space shortage in plant I the second phase of expansion was delayed and has been completed successfully. The company has bagged orders from Eicher Motors.During 199697 the company manufactured AGB gear boxes and it has increased the capacity of its equipments and it also modernise its existing facilities.In 199798 the Company has been registered under QS9000 covering the operational areas in Machining Broaching and Gear cutting of components for the automotive industry and meets the requirements of QS9000 code of practice.
OrganisationJMT Auto Ltd
HeadquartersNew Delhi
IndustryAuto Ancillaries