JTEKT India Limited (IN:JTEKTINDIA)
:JTEKTINDIA
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JTEKT India Limited
(JTEKTINDIA)
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Rating:61Neutral
Price Target:
₹124.00
▼(-21.96% Downside)
Action:ReiteratedDate:03/03/26
The score is primarily supported by a strong, low-leverage balance sheet and steady revenue growth, but is held back by margin compression and weak free-cash-flow trends. Technicals are neutral-to-weak (below major DMAs), and valuation is a key drag due to a high P/E and low dividend yield.
Positive Factors
Balance Sheet Strength
Conservative leverage and a high equity ratio underpin financial resilience, lowering refinancing and interest risk. This durable balance-sheet strength supports multi-year OEM supply commitments, capacity investment and weathering cyclical auto demand shocks without forcing distressed capital adjustments.
Negative Factors
Margin Compression
Declining profitability at the EBIT/EBITDA and net income levels suggests rising input costs, pricing pressure, or less efficient operations. If sustained, lower margins will reduce retained earnings and limit the firm's ability to fund capex, R&D or absorb OEM price pressures over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
Conservative leverage and a high equity ratio underpin financial resilience, lowering refinancing and interest risk. This durable balance-sheet strength supports multi-year OEM supply commitments, capacity investment and weathering cyclical auto demand shocks without forcing distressed capital adjustments.
Read all positive factors
JTEKT India Limited (JTEKTINDIA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹36.29B
Dividend Yield0.49%
Average Volume (3M)11.25K
Price to Earnings (P/E)48.2
Beta (1Y)1.14
Revenue Growth4.44%
EPS Growth-25.67%
CountryIN
Employees1,592
SectorIndustrials
Sector Strength72
IndustryAuto - Parts
Share Statistics
EPS (TTM)0.90
Shares Outstanding277,316,220
10 Day Avg. Volume7,909
30 Day Avg. Volume11,249
Financial Highlights & Ratios
PEG Ratio-1.39
Price to Book (P/B)3.50
Price to Sales (P/S)1.29
P/FCF Ratio-38.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)3.5
Revenue Forecast (FY)₹28.61B
JTEKT India Limited Business Overview & Revenue Model
Company Description
JTEKT India Limited manufactures and sells steering systems and other auto components for the passenger car and utility vehicle manufacturers in the automobile sector in India. The company offers steering gears, columns and RPS assemblies, axle as...
How the Company Makes Money
JTEKT India Limited makes money primarily by manufacturing and selling automotive components—most notably steering systems and associated parts—to original equipment manufacturers (OEMs). Revenue is generated through (1) OEM supply contracts where...
JTEKT India Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
83
Very Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.46B | 23.99B | 22.45B | 20.44B | 15.89B | 13.33B |
| Gross Profit | 6.66B | 6.59B | 6.26B | 5.98B | 4.06B | 3.53B |
| EBITDA | 1.90B | 1.85B | 2.33B | 1.91B | 1.31B | 1.08B |
| Net Income | 699.48M | 752.63M | 1.07B | 871.17M | 369.05M | 117.26M |
Balance Sheet | ||||||
| Total Assets | 17.71B | 14.63B | 12.75B | 10.74B | 10.00B | 9.33B |
| Cash, Cash Equivalents and Short-Term Investments | 2.03B | 163.08M | 753.64M | 572.83M | 789.12M | 728.84M |
| Total Debt | 2.64B | 1.56B | 1.15B | 617.64M | 709.92M | 485.16M |
| Total Liabilities | 6.33B | 5.83B | 4.53B | 3.41B | 3.39B | 3.09B |
| Stockholders Equity | 11.38B | 8.80B | 8.22B | 7.03B | 6.32B | 5.99B |
Cash Flow | ||||||
| Free Cash Flow | -1.43B | -805.75M | -229.80M | -21.36M | -140.67M | 541.61M |
| Operating Cash Flow | 230.62M | 1.94B | 1.72B | 952.00M | 1.08B | 912.58M |
| Investing Cash Flow | -1.66B | -2.72B | -1.72B | -844.43M | -1.26B | -401.99M |
| Financing Cash Flow | 3.28B | 180.24M | 279.91M | -279.73M | 143.89M | -444.61M |
JTEKT India Limited Technical Analysis
Neutral
158.90
Price Trends
134.65
Negative
141.29
Negative
144.03
Negative
Market Momentum
-2.41
Negative
54.14
Neutral
84.51
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JTEKTINDIA, the sentiment is Neutral. The current price of 158.9 is above the 20-day moving average (MA) of 127.71, above the 50-day MA of 134.65, and above the 200-day MA of 144.03, indicating a neutral trend. The MACD of -2.41 indicates Negative momentum. The RSI at 54.14 is Neutral, neither overbought nor oversold. The STOCH value of 84.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:JTEKTINDIA.
JTEKT India Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹24.54B | 22.79 | ― | 2.39% | 9.63% | -64.21% | |
68 Neutral | ₹25.62B | 18.33 | ― | 1.63% | -2.78% | 2.55% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | ₹8.82B | 157.48 | ― | 0.87% | -19.33% | -26.30% | |
61 Neutral | ₹36.29B | 48.24 | ― | 0.49% | 4.44% | -25.67% | |
58 Neutral | ₹24.48B | 14.57 | ― | 1.34% | 2.22% | 29.00% | |
55 Neutral | ₹10.58B | 47.85 | ― | 0.36% | 2.00% | -20.08% |
* Industrials Sector Average
IN:JTEKTINDIA
JTEKT India Limited
130.85
1.35
1.04%
IN:AUTOAXLES
Automotive Axles Limited
1,695.50
92.61
5.78%
IN:NRBBEARING
NRB Bearings Ltd.
253.15
56.19
28.53%
IN:ROTO
Roto Pumps Limited
56.16
-14.45
-20.46%
IN:STERTOOLS
Sterling Tools Limited
242.80
-49.60
-16.96%
IN:WHEELS
Wheels India Limited
1,001.80
393.61
64.72%
JTEKT India Limited Corporate Events
JTEKT India Closes Trading Window Ahead of FY 2026 Results
Mar 23, 2026
JTEKT India Limited has announced the closure of its trading window for designated persons from 1 April 2026 until 48 hours after the declaration of its audited financial results for the year ending 31 March 2026. The move, made under the company&...
JTEKT India Says Tax Assessment on Merged Unit Has No Financial Impact
Mar 22, 2026
JTEKT India Limited has disclosed that it received an assessment order from the Income Tax Authority concerning its merged subsidiary, JTEKT Fuji Kiko Automotive India Limited, for the financial year 2022-23. The tax department noted that since th...
JTEKT India receives GST show cause notice seeking interest demand
Mar 19, 2026
JTEKT India Limited has disclosed that it received a Show Cause Notice in Form GST DRC-01 from the Office of the Commissioner of CGST Audit, Gurugram, on March 18, 2026. The notice demands interest of Rs 2,00,33,663 on GST related to debit notes i...
JTEKT India Wins CGST Appeal; Major GST Demand and Penalty Set Aside
Jan 15, 2026
JTEKT India Limited has announced that it has received an order from the Commissioner (Appeals), CGST, Gurgaon, allowing the company’s appeal against a substantial GST demand and associated penalty imposed under Section 74 of the CGST Act. T...
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.