Jay Ushin Limited

Jay Ushin Limited

JAYUSH.BO
Jay Ushin LimitedIN flagBombay Stock Exchange
883.80
INR
-1.10
- -
3.42BMarket Cap
Jay Ushin Limited
JAYUSH.BO
(Bombay Stock Exchange)

Recent

price

883.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,171.24
1,187.92
1,336.54
1,501.02
1,682.52
1,779.62
2,034.65
2,221.82
2,207.42
1,712.73
1,489.46
1,695.27
1,893.35
1,872.93
2,212.96
- -
2,507.69
Revenue per Share
26.37
6.05
12.05
17.16
9.48
16
10.5
27.63
29.87
6.82
-10.36
30.89
34.42
36.98
31.72
- -
45.99
Basic EPS, GAAP
-53.19
-18.38
21.07
3.27
-0.83
-147.15
-116.04
-67.52
101.14
44.08
3.28
71.71
58.02
-41.87
51.07
- -
- -
Free Cash Flow per Basic Share
3.17
3
- -
2
2.5
2
2.5
2
3
3
- -
- -
3
3
3
- -
- -
Dividend per Share
10
10
81.03
93.55
10
114.94
121.18
147.01
173.6
176.85
167.73
199.55
226.85
260.83
289.55
- -
10
Book Value per Share
79.81
85.51
94.81
106.94
100.58
110.81
117.63
147.88
173.54
173.33
168.89
205.7
230.25
266.76
298.66
- -
343.82
Tangible Book Value per Share
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
- -
4
Basic Weighted Avg Shares
4,526
4,591
5,165
5,801
6,502
6,877
7,863
8,586
8,531
6,619
5,756
6,551
7,317
7,238
8,552
9,691
9,691
Sales/Revenue/Turnover
4.96
0.84
0.52
1.23
0.63
0.33
-0.03
0.67
2.44
1.84
0.39
2.59
2.48
2.08
2.36
1.99
1.99
Operating Margin (%)
89
100
104
115
134
151
150
155
159
194
192
152
149
105
170
161
161
Depreciation Expense
102
23
47
66
37
62
41
107
115
26
-40
119
133
143
123
178
178
Net Income, GAAP
25.2
- -
4.19
17.25
29.06
26.09
31.57
- -
8.9
- -
819.67
26.24
26.77
12.31
29.2
8.26
8.26
Effective Tax Rate (%)
2.25
0.51
0.9
1.14
0.56
0.9
0.52
1.24
1.35
0.4
-0.7
1.82
1.82
1.97
1.43
1.83
1.83
Profit Margin (%)
-285
-484
-644
-825
-826
-689
-606
-238
-408
-546
-452
-455
-302
-213
-138
281
281
Working Capital
246
267
235
151
255
333
410
704
573
627
598
428
460
494
433
648
648
LT Debt
309
332
370
425
452
521
550
650
748
760
725
855
964
1,093
1,201
1,362
1,362
Total Equity
26.95
- -
2.34
5.63
2.98
1.45
-0.11
- -
8.39
- -
-7.38
5.9
6.36
5.67
5.49
6.55
6.55
Return on Invested Capital (%)
41.79
- -
5
12.33
10.62
12.03
5.98
- -
11.88
- -
-48.25
10.14
10.51
10.89
9.56
15.38
15.38
Return on Capital (%)
263.72
60.48
26.48
19.66
18.31
25.61
8.89
20.61
18.63
3.89
-6.01
16.82
16.14
15.17
11.53
30.71
30.71
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
736
- -
766
LT Borrowings
235
- -
517
LT Finance Leases
135
- -
132
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
- -
4
Market Capitalization
3,006
3,707
2,634

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,408
- -
2,465
Cash, Cash Equivalents & STI
98
- -
102
Accounts Receivable, Net
1,071
- -
1,235
Inventories
973
- -
962
Total Current Liabilities
2,524
- -
2,185
Payables & Accruals
- -
- -
- -
ST Debt
736
- -
766
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.32%
13.47%
13.47%
Free Cash Flow
117.07%
326.48%
-41.97%
Net Income, GAAP
-54.07%
-69.72%
44.99%
Sales/Revenue/Turnover
4.33%
11.18%
13.32%
Total Cash Common Dividend
- -
- -
33.33%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,623
2,012
1,770
1,834
7,238
2025
1,958
2,120
2,185
2,289
8,552
2026
2,141
2,423
2,451
2,676
9,691

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7
11.05
9.96
- -
36.98
2025
6.7
8.78
8.62
7.61
31.72
2026
11.85
9.03
11.13
13.98
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
- -
Business
Jay Ushin Limited manufactures automotive security systems, switches, body parts and related components in India. The company produces lock and key sets, door latches and handles, defogger switches, heater control panels, remote locking systems, fuel units and HVAC components; these products serve four-wheeler passenger vehicles, two-wheelers and commercial vehicles from original equipment manufacturers including Maruti Suzuki India Ltd, Honda Cars India Ltd, Hyundai Motor India Ltd, Tata Motors Ltd, Toyota Kirloskar Motor Pvt Ltd and others. A joint venture with U-Shin Ltd of Japan since 1986 and subsidiary of JP Minda Group, Jay Ushin Limited operates five manufacturing facilities in Gurgaon, Manesar, Chennai and Kolar in India, with headquarters in Delhi. Founded in 1986 and formerly known as Jay Yuhshin Ltd, the company maintains technical collaboration with U-Shin Ltd for product development and employs around 1600 people focused on research, innovation and cost efficiency. In 2024, Jay Ushin Limited re-appointed Ashwani Minda as Chairman and Managing Director for three years effective October 2024, appointed Deepak Jain as independent director, approved a dividend of Rs 3 per share for fiscal 2023-24 and authorized material related party transactions worth Rs 178 crore for fiscal 2024-25 with entities including JNS Instruments Ltd and U-Shin Ltd.