JTEKT India

Why is JTEKT India Ltd falling/rising?

As of 15-Jun, JTEKT India Ltd's stock price is rising to Rs 131.75, up 5.02%, driven by strong sector performance and positive financial indicators, including a low Debt to Equity ratio and impressive quarterly results. Despite a year-to-date decline, the stock's recent gains and market sentiment suggest a favorable outlook.

As of 15-Jun, JTEKT India Ltd's stock price is rising, currently at Rs 131.75, reflecting a change of 6.3 (5.02%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.96% today and has been on a consecutive gain streak for the last two days, accumulating an impressive 8.56% return during this period. Additionally, the stock reached an intraday high of Rs 133.25, indicating strong buying interest.<BR><BR>Moreover, the broader market context shows that the Auto Ancillary sector has gained by 2.69%, which likely contributes to the positive sentiment surrounding JTEKT India Ltd. The company's financial health is also a factor; it has a low Debt to Equity ratio of 0.09 times and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 47.32%. Positive quarterly results further bolster this outlook, with net sales reaching a record Rs 780.33 crore and a notable operating profit margin.<BR><BR>Despite some negative trends in the longer term, such as a year-to-date decline of 6.46%, the stock's current performance and the positive indicators from its recent financial results suggest a favorable environment for its price increase.

Which are the latest news on JTEKT India?

How big is JTEKT India?

As of 10th June, JTEKT India Ltd has a market capitalization of 3,476.00 Cr, with recent net sales of 2,062.61 Cr and a net profit of 83.53 Cr. Shareholder's funds are 702.77 Cr, and total assets amount to 1,062.03 Cr as of March 2023.

As of 10th June, JTEKT India Ltd has a market capitalization of 3,476.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, JTEKT India reported Net Sales of 2,062.61 Cr and a Net Profit of 83.53 Cr.<BR><BR>The latest annual period for the balance sheet is March 2023, with Shareholder's Funds amounting to 702.77 Cr and Total Assets of 1,062.03 Cr.

Who are in the management team of JTEKT India?

The management team of JTEKT India includes Chairman & Managing Director Hitoshi Mogi, Director & CFO Rajiv Chanana, and several other directors and officers, along with non-executive and independent directors such as Hidehito Araki and Hiroko Nose, bringing diverse expertise to the company.

The management team of JTEKT India includes the following members:<BR><BR>1. **Hitoshi Mogi** - Chairman & Managing Director<BR>2. **Rajiv Chanana** - Director & CFO<BR>3. **Satoshi Komeda** - Director (Operation)<BR>4. **Minoru Sugisawa** - Whole-time Director<BR>5. **Saurabh Agarwal** - Company Secretary & Compliance Officer<BR><BR>Additionally, the board features several non-executive and independent directors, including:<BR><BR>- **Hidehito Araki**<BR>- **Hiroko Nose**<BR>- **Praveen Bakshi**<BR>- **Inder Mohan Singh**<BR>- **Masahiko Morimoto**<BR>- **Hiroshi Daikoku**<BR><BR>There is also **Takumi Matsumoto**, who serves as a Director, and **Taku Sumino**, who is a Nominee. This diverse team brings a range of expertise to the company.

Who are the peers of the JTEKT India?

JTEKT India's peers include Sandhar Tech, NRB Bearings, Wheels India, Rolex Rings, Steel Str. Wheel, Uniparts India, Carraro India, Sundaram Clayton, and Automotive Axles. In terms of management risk, growth, and capital structure, JTEKT India shows good performance, but its 1-year return of -15.07% is lower than most peers, with Wheels India leading at 114.33%.

Peers: The peers of JTEKT India are Sandhar Tech, NRB Bearings, Wheels India, Rolex Rings, Steel Str. Wheel, Uniparts India, Carraro India, Sundaram Clayton, and Automotive Axles.<BR><BR>Quality Snapshot: Excellent management risk is observed at NRB Bearings, Wheels India, Rolex Rings, Steel Str. Wheel, Carraro India, Automotive Axles, and JTEKT India, while Average management risk is found at Sandhar Tech and Uniparts India. Below Average management risk is noted at Sundaram Clayton. Growth is Excellent at Wheels India and Carraro India, Good at JTEKT India, while Average growth is seen at Sandhar Tech and Uniparts India, and Below Average growth is noted at NRB Bearings, Rolex Rings, Steel Str. Wheel, and Sundaram Clayton. Excellent capital structure is present at NRB Bearings, Wheels India, Rolex Rings, JTEKT India, Uniparts India, and Automotive Axles, while Average capital structure is found at Steel Str. Wheel, and Below Average at Sandhar Tech and Sundaram Clayton.<BR><BR>Return Snapshot: Wheels India has the highest 1-year return at 114.33%, while Rolex Rings has the lowest at -14.58%. JTEKT India's 1-year return of -15.07% is lower than both. Additionally, Sundaram Clayton and Automotive Axles have negative six-month returns.

What does JTEKT India do?

JTEKT India Ltd is the largest manufacturer of steering gears in India, operating in the Auto Components & Equipments industry. As of March 2026, it reported net sales of ₹780 Cr and a net profit of ₹27 Cr, with a market cap of ₹3,476 Cr.

Overview:<BR>JTEKT India Ltd is the largest manufacturer of steering gears in India and operates in the Auto Components & Equipments industry, categorized as a Small Cap company.<BR><BR>History:<BR>JTEKT India Limited was incorporated in June 1984 as 'Sona Koya Steering Systems Limited' and was renamed to 'JTEKT India Limited' on April 7, 2018. The most recent quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 780 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 27 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 3,476 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 44.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.58% <BR>Debt-Equity: 0.23 <BR>Return on Equity: 6.86% <BR>Price to Book: 2.84 <BR><BR>Contact Details:<BR>Address: UGF-6 Indraprakash, 21 Barakhamba Road New Delhi New Delhi : 110001 <BR>Tel: 91-11-23311924 <BR>Email: investorgrievance@sonagroup.com <BR>Website: http://www.sonakoyosteering.com

Should I buy, sell or hold JTEKT India Ltd?

Are JTEKT India Ltd latest results good or bad?

JTEKT India Ltd's latest results show strong revenue growth with net sales up 16.47% to ₹680.12 crores and net profit rising 41.50% to ₹23.00 crores. However, declining operating margins and return on capital employed raise concerns about profitability and operational efficiency.

JTEKT India Ltd's latest results present a mixed picture. On one hand, the company achieved a significant increase in net sales, reaching ₹680.12 crores in Q3 FY26, which is a 16.47% growth quarter-on-quarter. This reflects strong demand, particularly from the utility vehicle and multi-purpose vehicle segments. Additionally, net profit rose to ₹23.00 crores, marking a 41.50% increase from the previous quarter.<BR><BR>However, despite this topline growth, profitability metrics are concerning. The operating margin has decreased to 8.84%, down from 10.31% in the previous quarter, and the return on capital employed (ROCE) has fallen to 7.67%, the lowest in recent years. This indicates challenges in operational efficiency and capital utilization. Furthermore, the profit after tax (PAT) margin is compressed, currently at around 3.38%, which is below historical averages.<BR><BR>Overall, while JTEKT India shows strong revenue growth, the decline in profitability and capital efficiency raises questions about its operational health and competitive positioning in the auto components sector. Investors may need to weigh these factors carefully when assessing the company's performance.

Is JTEKT India technically bullish or bearish?

As of December 3, 2025, the market trend is neutral with mixed indicators, showing a shift from mildly bullish to sideways, as the weekly MACD is bearish, monthly MACD is bullish, and Bollinger Bands indicate downward pressure.

As of 3 December 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed indicators influencing this view. The weekly MACD is mildly bearish, while the monthly MACD remains bullish, indicating conflicting signals. The Bollinger Bands are bearish on both weekly and monthly time frames, suggesting downward pressure. Daily moving averages show a mildly bullish trend, but overall, the lack of clear signals from the RSI, KST, and Dow Theory points to a sideways movement without a definitive bullish or bearish bias.

How has been the historical performance of JTEKT India?

JTEKT India has demonstrated strong historical performance, with net sales rising from 1,332.97 Cr in March 2021 to 2,043.93 Cr in March 2023, and profit after tax increasing from 13.69 Cr to 87.12 Cr during the same period, despite challenges from rising raw material costs and cash flow management. Total assets and liabilities also grew, reflecting overall financial stability.

Answer:<BR>The historical performance of JTEKT India shows a positive trend in net sales and profitability over the years, particularly in the most recent fiscal year ending March 2023.<BR><BR>Breakdown:<BR>JTEKT India's net sales have increased from 1,332.97 Cr in March 2021 to 2,043.93 Cr in March 2023, reflecting a significant growth trajectory. The total operating income followed a similar trend, rising from 1,510.55 Cr in March 2020 to 2,043.93 Cr in March 2023. Despite the increase in raw material costs, which rose from 923.62 Cr in March 2021 to 1,451.38 Cr in March 2023, the operating profit (PBDIT) also improved from 102.73 Cr in March 2021 to 195.37 Cr in March 2023. Profit before tax surged from 20.51 Cr in March 2021 to 114.18 Cr in March 2023, leading to a profit after tax of 87.12 Cr in March 2023, up from 13.69 Cr in March 2021. The company's total assets increased from 929.02 Cr in March 2021 to 1,062.03 Cr in March 2023, while total liabilities also rose from 929.02 Cr to 1,062.03 Cr during the same period. Cash flow from operating activities was 95.00 Cr in March 2023, although the net cash outflow was -17.00 Cr, indicating challenges in cash management. Overall, JTEKT India has shown a robust performance with increasing sales and profits, despite facing rising costs and cash flow challenges.

Is JTEKT India overvalued or undervalued?

As of November 13, 2025, JTEKT India is considered overvalued with a high PE ratio of 62.73 and low ROE of 6.15%, underperforming the Sensex and its peers, indicating a shift from fair to expensive valuation.

As of 13 November 2025, JTEKT India has moved from a fair to an expensive valuation grade. The company is currently overvalued based on its high price-to-earnings (PE) ratio of 62.73, price-to-book value of 3.86, and an EV to EBITDA ratio of 25.10. These ratios significantly exceed those of its peers, such as Samvardhana Motherson, which has a PE of 33.73 and an EV to EBITDA of 12.32, indicating a more attractive valuation.<BR><BR>In comparison to other industry players, JTEKT India's return on equity (ROE) stands at 6.15%, which is relatively low against peers like Uno Minda, which, despite having a higher PE ratio of 68.84, demonstrates a more favorable growth outlook. Furthermore, JTEKT India's recent stock performance has lagged behind the Sensex, particularly over the past year, where it recorded a return of -3.18% compared to the Sensex's 8.74%. This underperformance, combined with its high valuation ratios, reinforces the conclusion that JTEKT India is currently overvalued.

When is the next results date for JTEKT India?

JTEKT India will announce its results on 12 November 2025.

JTEKT India will declare its results on 12 November 2025.

Who are the top shareholders of the JTEKT India?

The top shareholders of JTEKT India include Jtekt Corporation with 65.7%, Nippon Life India Trustee Ltd at 7.22%, individual investors holding 10.46%, and mutual funds with a total of 10.68%. There are no foreign institutional investors in the company.

The top shareholders of JTEKT India are primarily its promoters, with Jtekt Corporation holding the largest stake at 65.7%. Additionally, Nippon Life India Trustee Ltd, through its account Nippon India SMA, is the highest public shareholder, owning 7.22%. Individual investors collectively hold 10.46% of the shares, while mutual funds are represented by six schemes with a total of 10.68%. There is currently no foreign institutional investor (FII) holding in the company.

What is the bonus history of the JTEKT India?

JTEKT India has a bonus history that includes a 1:1 bonus issue announced on September 14, 2006, with a record date of September 15, 2006, allowing shareholders to receive one additional share for each share held.

JTEKT India has a bonus history that includes a significant event where the company announced a 1:1 bonus issue. This bonus was declared with an ex-date of September 14, 2006, and the record date was September 15, 2006. This means that shareholders on record as of the record date were entitled to receive one additional share for each share they held.

Has JTEKT India declared dividend?

Yes, JTEKT India Ltd has declared a 60% dividend, amounting to ₹0.6 per share, with an ex-date of July 26, 2024. The dividend yield is 0.42%, and total returns have varied significantly over different periods, with strong long-term performance despite recent declines.

JTEKT India Ltd has declared a 60% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 60%<BR>- Amount per share: 0.6<BR>- Ex-date: Jul-26-2024<BR><BR>Dividend Yield: 0.42%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, JTEKT India experienced a price return of -16.12%, with no dividend return, resulting in a total return of -16.12%.<BR><BR>Over the past year, the price return was -14.79%, with a dividend return of 0.34%, leading to a total return of -14.45%.<BR><BR>In the two-year period, the price return was 2.92%, with a dividend return of 0.78%, resulting in a total return of 3.7%.<BR><BR>For the three-year period, the company saw a price return of 94.15%, with a dividend return of 1.99%, culminating in a total return of 96.14%.<BR><BR>Over the last four years, the price return was 31.85%, with a dividend return of 1.54%, leading to a total return of 33.39%.<BR><BR>In the five-year period, JTEKT India achieved a price return of 168.55%, with a dividend return of 2.97%, resulting in a total return of 171.52%.<BR><BR>Overall, JTEKT India has declared a dividend, which contributes to a modest dividend yield. However, the total returns over various periods show significant variability, with strong performance in the longer term compared to recent periods.