1. India Stocks

  2. •

    Consumer durables

  3. •

    Automotive aftermarket
JTEKT India Limited

JTEKT India Limited

108.90
INR
-3.95
(-3.50%)
2.61EPS
52.35P/E
37.92BMarket Cap
Nov 04Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
73.46
76.45
74.74
67.42
64.74
69.6
59.98
52.76
63.01
77.92
85.73
91.59
97.61
101.77
Basic EPS, GAAP
3.34
1.87
1.82
1.82
2.66
2.91
1.21
0.47
1.48
3.35
4.11
2.9
2.84
2.61
Free Cash Flow per Basic Share
2.84
5.72
6.47
7.65
7.03
4.45
3.4
2.17
-0.56
-0.08
-0.88
-3.27
-12.72
- -
Dividend per Share
0.64
0.78
0.64
0.61
0.53
1.04
0.9
0.45
0.19
0.55
0.7
0.6
0.66
- -
Book Value per Share
15.21
15.92
17.72
18.85
26.8
23.73
23.84
23.95
25.28
28.12
31.61
33.85
42.75
- -
Tangible Book Value per Share
13.12
13.39
15.32
16.58
24.05
21.29
21.73
22.49
24.35
27.18
30.88
33.21
42.17
- -
Basic Weighted Avg Shares
203
203
203
203
239
250
250
250
250
260
260
260
271
277
Sales/Revenue/Turnover
14,923
15,530
15,183
13,696
15,497
17,391
14,989
13,183
15,745
20,251
22,281
23,807
26,452
28,175
Operating Margin (%)
9.78
7.47
6.47
5.28
7.56
7.23
3.08
1.5
3.59
5.61
6.37
4.3
4.07
3.59
Depreciation Expense
679
1,037
988
788
961
959
928
830
709
732
814
826
994
1,067
Net Income, GAAP
678
379
370
370
638
727
303
117
369
871
1,069
753
769
723
Effective Tax Rate (%)
22.28
31.17
31.85
27.62
34.44
35.74
18.25
33.25
26.81
23.7
27.03
26.46
26.84
27.11
Profit Margin (%)
4.54
2.44
2.44
2.7
4.11
4.18
2.02
0.89
2.34
4.3
4.8
3.16
2.91
2.57
Working Capital
-730
-181
-668
-618
1,001
1,316
1,505
2,015
1,958
2,493
2,463
535
1,296
- -
LT Debt
1,696
1,675
1,462
1,203
986
474
198
211
384
350
651
790
2,009
- -
Total Equity
3,874
4,220
3,732
3,994
5,650
6,173
6,218
6,243
6,613
7,337
8,217
8,799
11,858
- -
Return on Invested Capital (%)
18.07
12.73
10.19
7.6
10.64
10.06
5
1.94
5.19
11.1
11.93
7.72
5.82
- -
Return on Capital (%)
12.69
6.11
6.27
7.69
10.06
9.61
4.43
1.84
5
11.1
12.83
8.39
6.85
- -
Return on Common Equity (%)
23.73
11.99
10.84
9.95
13.75
12.79
5.09
1.96
6
13.06
14.02
8.85
7.44
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,389
- -
LT Borrowings
- -
1,991
- -
LT Finance Leases
- -
18
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
277
277
277
Market Capitalization
39,071
32,691
37,920

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
7,034
- -
Cash, Cash Equivalents & STI
- -
721
- -
Accounts Receivable, Net
- -
3,779
- -
Inventories
- -
2,211
- -
Total Current Liabilities
- -
5,738
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,389
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.96%
14.14%
34.77%
Free Cash Flow
127.34%
268.13%
305.71%
Net Income, GAAP
31.27%
69.21%
2.16%
Sales/Revenue/Turnover
6.58%
15.21%
11.11%
Total Cash Common Dividend
21.42%
35.05%
16.06%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5,529
6,053
5,919
6,492
23,807
2026
5,660
6,391
6,801
7,803
26,452
2027
7,180
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.58
0.77
0.63
0.95
2.9
2026
0.42
0.68
0.73
0.99
2.84
2027
0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.6
2026
- -
- -
- -
- -
0.66
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Minoru Sugisawa
Full Time Employees
3,666
Sector
Consumer durables
Industry
Automotive aftermarket
Address
38/6, NH-8 Gurugram HR India 122001
IPO Date
Jan 3, 1995
Website
jtekt.co.in
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Business
JTEKT India Limited manufactures and supplies steering systems and driveline components primarily for passenger cars, utility vehicles, and light commercial vehicles in India. The company produces rack and pinion steering systems including manual steering gear and recirculating ball screw assemblies; hydraulic power steering gears; column-type electric power steering; constant velocity joints; driveshafts; and other auto components such as tilt and telescopic steering columns and intermediate shafts. A subsidiary of JTEKT Corporation Japan, which holds a majority stake of approximately 66%, JTEKT India Limited operates eight manufacturing facilities across Gurugram, Dharuhera, Bawal, and Chennai in India; exports to the USA, Europe, and Japan; and serves major original equipment manufacturers including Maruti Suzuki India, Toyota Kirloskar Motor, Tata Motors, Mahindra & Mahindra, Honda Cars India, Renault India, and Nissan Motor India. Founded in 1985 through technical collaboration with Koyo Seiko (now JTEKT) and headquartered in Gurugram, Haryana, the company changed its name from Sona Koyo Steering Systems Limited to JTEKT India Limited in April 2018 following JTEKT's increased ownership. Recent developments include a rights issue in August 2025 raising INR 247.19 crores to fund growth and capital expenditures; significant capex of approximately INR 166 crores in the first half of fiscal 2026 for capacity expansion; senior management appointments in corporate quality and design & development; and the establishment of a new Gujarat factory in 2024 with INR 2,500 million investment, planned to commence production of column-type electric power steering, manual steering gear, constant velocity joints, and hub unit bearings in 2027.