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Jullundur Motor Agency (Delhi) Ltd (IN:JMA)
:JMA
India Market
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Jullundur Motor Agency (Delhi) Ltd (JMA) AI Stock Analysis

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IN:JMA

Jullundur Motor Agency (Delhi) Ltd

(JMA)

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Outperform 78 (OpenAI - 5.2)
Rating:78Outperform
Price Target:
₹100.00
▲(25.39% Upside)
Action:Reiterated
Date:05/30/26
The score is driven primarily by strong financial health (especially the debt-free balance sheet and consistent growth) and an attractive valuation (low P/E with a reasonable dividend). Technicals are supportive with price above key moving averages, but margin compression and cash-flow volatility temper the overall rating.
Positive Factors
Debt-free balance sheet
Zero reported debt materially reduces financial risk and preserves flexibility to fund capex, dividends or opportunistic M&A from internal resources. This conservatism strengthens resilience through cycles and supports strategic choices without reliance on external financing.
Negative Factors
Margin compression
A drop in gross margin from ~14–15% to ~8% significantly lowers profitability and operating cash generation. If persistent, margin compression constrains reinvestment capacity, erodes returns on capital and indicates structural pricing pressure or rising input costs that must be addressed.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt materially reduces financial risk and preserves flexibility to fund capex, dividends or opportunistic M&A from internal resources. This conservatism strengthens resilience through cycles and supports strategic choices without reliance on external financing.
Read all positive factors

Jullundur Motor Agency (Delhi) Ltd (JMA) vs. iShares MSCI India ETF (INDA)

Jullundur Motor Agency (Delhi) Ltd Business Overview & Revenue Model

Company Description
Jullundur Motor Agency (Delhi) Limited trades and distributes automobile parts, accessories, and petroleum products primarily in India. The company offers brake equipment and friction range products, including air and hydraulic brake parts, brake ...
How the Company Makes Money
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Jullundur Motor Agency (Delhi) Ltd Financial Statement Overview

Summary
Strong overall fundamentals supported by consistent revenue growth, steady profitability, and a very conservative balance sheet with zero debt. Offsetting factors are notable gross/operating margin compression and uneven cash-flow conversion despite improved recent free cash flow.
Income Statement
74
Positive
Balance Sheet
88
Very Positive
Cash Flow
63
Positive
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue6.22B5.56B5.34B5.03B4.36B
Gross Profit500.52M450.55M736.00M723.93M628.24M
EBITDA326.96M366.55M359.36M376.60M292.11M
Net Income297.06M257.47M255.97M270.12M242.38M
Balance Sheet
Total Assets3.53B3.45B3.26B2.94B2.70B
Cash, Cash Equivalents and Short-Term Investments228.94M119.59M195.48M766.72M828.90M
Total Debt0.000.000.000.000.00
Total Liabilities749.82M930.95M964.56M869.75M864.61M
Stockholders Equity2.75B2.49B2.28B2.05B1.82B
Cash Flow
Free Cash Flow186.53M59.18M110.18M-22.03M108.56M
Operating Cash Flow193.28M62.63M119.37M25.53M115.78M
Investing Cash Flow-115.39M-98.04M-66.77M3.63M-23.01M
Financing Cash Flow-46.83M-46.25M-46.25M-46.98M-46.91M

Jullundur Motor Agency (Delhi) Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
₹2.00B6.442.59%13.70%22.11%
69
Neutral
₹4.27B10.312.76%31.75%55.55%
65
Neutral
₹1.57B10.4324.00%125.67%
56
Neutral
₹3.94B8.280.87%10.74%899.82%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
₹3.40B93.420.22%-4.69%13.74%
52
Neutral
₹2.90B-1.44-5.88%-656.47%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:JMA
Jullundur Motor Agency (Delhi) Ltd
90.28
1.32
1.48%
IN:BHARATGEAR
Bharat Gears Limited
102.00
6.33
6.62%
IN:ELGIRUBCO
Elgi Rubber Company Limited
57.05
-1.45
-2.48%
IN:OMAXAUTO
Omax Autos Limited
195.10
43.19
28.43%
IN:PPAP
PPAP Automotive Limited
274.90
28.17
11.42%
IN:SUNDRMBRAK
Sundaram Brake Linings Limited
908.00
108.64
13.59%

Jullundur Motor Agency (Delhi) Ltd Corporate Events

Jullundur Motor Agency Closes Trading Window Ahead of Q1 Results
Jun 29, 2026
Jullundur Motor Agency (Delhi) Ltd. has announced the closure of its trading window for dealings in the company’s securities from July 1, 2026, until 48 hours after the announcement of its unaudited financial results for the first quarter en...
Exchange Seeks Clarification on Jullundur Motor Agency’s March 2026 Results
Jun 24, 2026
The stock exchange has requested clarification from Jullundur Motor Agency (Delhi) Ltd regarding its financial results for the quarter ended 31 March 2026 under Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements. The company...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 30, 2026