JTEKT India

Which are the latest news on JTEKT India?

Why is JTEKT India Ltd falling/rising?

As of 05-Sep, JTEKT India Ltd's stock price is Rs 121.10, down 0.53%, with significant underperformance over the past month and year compared to the Sensex. The stock shows a bearish trend, declining investor interest, and concerns over financial performance, including a 42.5% drop in profit after tax.

As of 05-Sep, JTEKT India Ltd's stock price is falling, currently at Rs 121.10, reflecting a decrease of Rs 0.65 or 0.53%. The stock has underperformed significantly over various time frames, with a decline of 14.08% over the past month and 15.61% over the past year. This consistent underperformance is evident as the stock has generated negative returns compared to the benchmark Sensex, which has only declined by 2.44% over the same month and 5.21% over the year.<BR><BR>Today's performance indicates that JTEKT India is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 45.72% compared to the 5-day average, indicating waning interest from investors.<BR><BR>The company's financial performance has also raised concerns, as evidenced by a significant drop in profit after tax (PAT) of 42.5% in the latest quarter, alongside a high proportion of non-operating income contributing to profit before tax. Furthermore, institutional investors have reduced their stakes by 0.78% in the last quarter, reflecting a lack of confidence in the stock's future prospects. Overall, these factors contribute to the stock's decline, highlighting poor long-term growth and consistent underperformance against benchmarks.

Should I buy, sell or hold JTEKT India Ltd?

Who are in the management team of JTEKT India?

The management team of JTEKT India includes Hitoshi Mogi (Chairman & Managing Director), Rajiv Chanana (Director & CFO), Satoshi Komeda (Director), and several non-executive and independent directors, bringing diverse expertise to the company.

The management team of JTEKT India includes the following individuals:<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, there are several non-executive and independent directors on the board:<BR><BR>- **Hidehito Araki** - Non-Executive & Independent Director<BR>- **Hiroko Nose** - Non-Executive & Independent Director<BR>- **Praveen Bakshi** - Non-Executive & Independent Director<BR>- **Inder Mohan Singh** - Non-Executive & Independent Director<BR>- **Masahiko Morimoto** - Independent Director<BR>- **Takumi Matsumoto** - Director<BR>- **Taku Sumino** - Nominee<BR>- **Hiroshi Daikoku** - Independent Director<BR><BR>This diverse team brings a range of expertise to the company.

What does JTEKT India do?

JTEKT India Ltd is the largest manufacturer of steering gears in India, classified as a Small Cap company with a market cap of INR 3,481 Cr. As of June 2026, it reported net sales of 718 Cr and a net profit of 6 Cr.

Overview: <BR>JTEKT India Ltd is the largest manufacturer of steering gears in India, operating within the Auto Components & Equipments industry and classified 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 June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 718 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 6 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 3,481 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 44.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 0.59% <BR>Debt-Equity: 0.23 <BR>Return on Equity: 6.47% <BR>Price to Book: 2.95<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

Who are the peers of the JTEKT India?

JTEKT India's peers include NRB Bearings, Uniparts India, Sandhar Tech, Wheels India, Divgi Torq, and others. In terms of management risk, JTEKT India is rated as good, while its 1-year return is -8.18%, significantly lower than Uniparts India's 126.09%.

Peers: The peers of JTEKT India are NRB Bearings, Uniparts India, Sandhar Tech, Wheels India, Divgi Torq, Federal-Mogul Go, Carraro India, Rane (Madras), MM Forgings, and Sundaram Clayton.<BR><BR>Quality Snapshot: Excellent management risk is observed at NRB Bearings, Wheels India, and Carraro India, while Average management risk is found at Uniparts India, Sandhar Tech, Divgi Torq, Federal-Mogul Go, Rane (Madras), MM Forgings, and Sundaram Clayton. Good management risk is attributed to JTEKT India. Below Average management risk is noted for no peers. Growth is rated as Excellent for Rane (Madras), Average for Sandhar Tech, Divgi Torq, and the rest, while Below Average growth is seen at NRB Bearings, Uniparts India, JTEKT India, Federal-Mogul Go, MM Forgings, and Sundaram Clayton. Capital Structure is Excellent for NRB Bearings, Uniparts India, Divgi Torq, Federal-Mogul Go, and JTEKT India, while Average is noted for Sandhar Tech and MM Forgings, and Below Average for Wheels India and Rane (Madras).<BR><BR>Return Snapshot: The peer with the highest 1-year return is Uniparts India at 126.09%, while JTEKT India has a 1-year return of -8.18%, indicating a significantly lower performance compared to its peers. The peer with the lowest 1-year return is Sundaram Clayton at -21.39%. Additionally, no peers have a negative six-month return.

How big is JTEKT India?

As of 31st August, JTEKT India Ltd has a market capitalization of 3,481.00 Cr, with net sales of 2,062.61 Cr and a net profit of 83.53 Cr reported in the latest four quarters. The balance sheet for March 2023 shows shareholder's funds of 702.77 Cr and total assets of 1,062.03 Cr.

As of 31st August, JTEKT India Ltd has a market capitalization of 3,481.00 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, showing shareholder's funds of 702.77 Cr and total assets of 1,062.03 Cr.

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.