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JTEKT India Ltd

(JTEKTINDIA)

₹170.070.27%

as on 04:01PM, 09 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

JTEKT India Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for JTEKT India Ltd. An average target of ₹180

Source: S&P Global Market Intelligence

JTEKT India Ltd Share analysis

JTEKT India Ltd price forecast by 1 analysts

Upside of6.12%

High

₹180

Target

₹180.00

Low

₹180

JTEKT India Ltd target price ₹180, a slight upside of 6.12% compared to current price of ₹170.07. According to 1 analysts rating.

Source: S&P Global Market Intelligence

JTEKT India Ltd Performance

  • Day's Low

    Day's High

    ₹168.99
    ₹170.93
  • 52 Week's Low

    52 Week's High

    ₹131.9
    ₹225.7
1 Month Return-0.78 %
3 Month Return+ 1.27 %
1 Year Return+ 28.02 %
Previous Close₹169.62
Open₹169.00
Volume1.08L
Upper Circuit-
Lower Circuit-
Market Cap₹4,313.11Cr

JTEKT India Ltd Key Statistics

P/E Ratio49.45
PEG Ratio91.58
Market Cap₹4,313.11 Cr
P/B Ratio5.45
EPS3.56
Dividend Yield0
SectorAuto Ancillaries
ROE13.74

JTEKT India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹4,313.11 Cr20.87%0.57₹87 Cr₹2,043 Cr
NA₹391.99 Cr82.89%0.57₹26 Cr₹255 Cr
NA₹1,175.11 Cr22.93%0.73NANA
HOLD₹6,925.01 Cr36.45%0.59₹167 Cr₹2,895 Cr
NA₹180.59 Cr14.2%0.59NANA

About JTEKT India Ltd

JTEKT India Ltd., formerly known as Sona Koya Steering Systems Ltd., is the largest manufacturer and supplier of Steering gears, Hydraulic Power Steering Systems, Manual Rack Pinion Steering Systems and Collapsible Tilt and Rigid Steering Columns for Passenger Vans and MUVs in India. JTEKT India hold a 20.47% Equity Stake of the company and its plants are located in Chengalpattu and Gurgaon Harayana. The company started its business in 1985 and had an annual capacity of 125000 Steering Gears and assemblies. Sona KoyaSteering Systems is the Market Leader in the Indian Steering systems category having over 50% share in volume terms and over 30% share in value terms. In 1988 it came out with a 23 crore public issue and in 199091 the Rear Axles Assemblies project was completed with a capacity to manufacture 50000 Nos. It became ISO9002 certified in 1991 and in 2003 it setup a new Division to develop a lighter weight collapsible steering column. JTEKT India acquired 21 stake in Fuji Autotech France in 2004 and a Joint Venture was formed with Fuji Kiko Co Ltd Japan, AAM International Holdings Inc. USA and Arjan Auto Private Limited India. In 200910 it commenced commercial operations with the manufacturing of Reduction Gear Assembly and later started mass production of Column Type Electric Power Steering System. It had set up two other plants at Uttarkhand and Singur for light axles under its JV with American Axle & Manufacturing Holdings Inc. In 2013, Sona Stampings Ltd. became a wholly owned subsidiary of the Company and in 2017, JTEKT acquired a 25.12% stake in the company. Official operations of JTEKT Sona Automotive India Ltd and Sona Fuji Kiko Automotive Ltd started in 200910 and in 2019 the Scheme of Amalgamation between JTEKT Sona Automotive India Ltd and JTEKT India Ltd was approved by the National Company Law Tribunal NCLT. With the completion of the Open Offer, JTEKT Corporation Japan's shareholding in the company increased to a level of 70.45%.

Share Price: ₹170.07 per share as on 09 Dec, 2024 04:01 PM
Market Capitalisation: ₹4,313.11Cr as of today
Revenue: ₹583.88Cr as on September 2023 (Q3 23)
Net Profit: ₹30.16Cr as on September 2023 (Q3 23)
Listing date: 03 Jan, 1995
Chairperson Name: Hitoshi Mogi
OrganisationJTEKT India Ltd
HeadquartersGurgaon
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for JTEKT India Ltd

  • JTEKT India Reports Mixed Financial Results for September 2024 - 21 Nov, 2024

    JTEKT India reported net sales of Rs 605.31 crore for September 2024, up 2.16% year-on-year. However, net profit fell 34.42% to Rs 19.48 crore, and EBITDA decreased by 16.88%. The EPS also declined from Rs 1.22 to Rs 0.77. Shares closed at Rs 160.00, with a -4.45% return over the last six months.

Insights on JTEKT India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 15.48% to 15.73% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 17.05 Cr → 27.02 Cr (in ₹), with an average increase of 36.9% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 488.48 Cr → 586.07 Cr (in ₹), with an average increase of 16.7% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.98% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 266.6% return, outperforming this stock by 184.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 75.8% return, outperforming this stock by 47.7%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.58% to 0.43% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.34% to 8.23% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, JTEKTINDIA stock has moved down by -2.0%

JTEKT India Ltd Financials

Value in ₹ crore
DetailsQ'3 22Q'4 22Q'1 23Q'2 23Q'3 23
Revenue₹570.99Cr (-)₹471.03Cr (↓17.51%)₹530.18Cr (↑12.56%)₹477.52Cr (↓9.93%)₹583.88Cr (↑22.27%)
Net Income₹30.09Cr (-)₹15.29Cr (↓49.19%)₹26.18Cr (↑71.22%)₹18.66Cr (↓28.72%)₹30.16Cr (↑61.63%)
Net Profit Margin5.27% (-)3.25% (↓38.33%)4.94% (↑52.00%)3.91% (↓20.85%)5.17% (↑32.23%)
Value in ₹ crore
Details2021202220232024
Total Assets₹887.16Cr (-)₹947.26Cr (↑6.77%)₹1,080.69Cr (↑14.09%)₹1,280.39Cr (↑18.48%)
Total Liabilities₹309.92Cr (-)₹340.57Cr (↑9.89%)₹346.97Cr (↑1.88%)₹458.71Cr (↑32.20%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹107.54Cr (-)₹83.28Cr (↓22.56%)₹95.77Cr (↑15.00%)₹95.20Cr (↓0.60%)₹172.48Cr (↑81.18%)

Index Inclusions

BSE Small-Cap

₹57,313.61

0.46 (262.9%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

JTEKT India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.98%
0.00
Foreign Institutions
0.43%
-25.13
Mutual Funds
8.23%
-1.32
Retail Investors
15.73%
1.65
Others
0.62%
-0.02

JTEKT India Ltd Key Indicators

Details20192020202120222023
Earning Per Share (₹)3.21.440.561.683.56
Details20202021202220232024
Return On Equity %4.82.146.281313.74
Details20192020202120222023
Return On Assets %73.61.323.97.53
Details20192020202120222023
Book Value Per Share (₹)24.2524.3624.4825.8428.75

JTEKT India Ltd Valuation

JTEKT India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-510.00x)

January 4, 2021

Today (49.45x)

December 6, 2024

Industry (52.81x)

December 6, 2024

Highest (241.67x)

May 26, 2021

LowHigh

JTEKT India Ltd Earnings and Dividends

  • JTEKT India Ltd Earnings Results

    JTEKT India Ltd’s net profit fell -2.7% since last year same period to ₹27.02Cr in the Q2 2023-2024. On a quarterly growth basis, JTEKT India Ltd has generated 58.48% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • JTEKT India Ltd Dividends May,2024

    In the quarter ending March 2024, JTEKT India Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.35%.

    Read More about Dividends

JTEKT India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

JTEKT India Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on JTEKT India Ltd

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JTEKT India Ltd (JTEKTINDIA) share price today is ₹170.07

JTEKT India Ltd is listed on NSE

JTEKT India Ltd is listed on BSE

  • Today’s highest price of JTEKT India Ltd is ₹170.93.
  • Today’s lowest price of JTEKT India Ltd is ₹168.99.

PE Ratio of JTEKT India Ltd is 49.45

PE ratio = JTEKT India Ltd Market price per share / JTEKT India Ltd Earnings per share

Today’s traded volume of JTEKT India Ltd(JTEKTINDIA) is 1.08L.

Today’s market capitalisation of JTEKT India Ltd(JTEKTINDIA) is ₹4313.11Cr.

JTEKT India Ltd(JTEKTINDIAPrice
52 Week High
₹225.7
52 Week Low
₹131.9

JTEKT India Ltd(JTEKTINDIA) share price is ₹170.07. It is down -24.65% from its 52 Week High price of ₹225.7

JTEKT India Ltd(JTEKTINDIA) share price is ₹170.07. It is up 28.94% from its 52 Week Low price of ₹131.9

JTEKT India Ltd(JTEKTINDIAReturns
1 Day Returns
0.45%
1 Month Returns
-0.78%
3 Month Returns
1.27%
1 Year Returns
28.02%