JTEKTINDIA · Jtekt India Ltd · Auto & Truck Parts
JTEKTINDIA · Jtekt India Ltd · Auto & Truck Parts
As of 05 Nov close
52-week range
29.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹718 Cr
Revenue YoY
PAT YoY
-42.5%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.8
P/S (TTM)
1.2
Sector P/E
27
Dividend yield
+0.6%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| JTEKTINDIA (this stock) | 52.1 | 2.8 | +2.6% | +6.1% | 0.29 | +0.6% |
| Samvardhana Motherson International | 35.1 | 3.7 | +3.2% | +10.2% | 31.28 | +0.4% |
| Cummins India | 66.3 | 16.2 | +18.7% | +27.9% | 0 | +1.3% |
| Bosch | 49.9 | 9.4 | +11.2% | +15.9% | 0.01 | +0.6% |
Promoter
stable
FII
rising 1q
MF
10.24% (-0.84pp)
falling 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: During the earnings conference call held on May 20, 2026, JTEKT India Limited reported a sales growth of 11% for FY '25-'26, outperforming the passenger vehicle market growth of 9%. The management attributed this growth to increased demand following a reduction in GST rates, particularly benefiting smaller vehicles. The passenger vehicle segment achieved sales of 5.54 million units, a 9% increase from the previous year. However, the EBITDA margin for the full year declined slightly to 7.5%. Management noted strict control over fixed costs, with a reduction in employee and administrative costs. They highlighted a successful rights issue, with strong participation from both promoters and public shareholders. The call also addressed challenges such as declining gross margins and the impact of product mix changes. Management expressed optimism about future growth driven by new model launches and increased exports, particularly to Brazil.
The management highlighted both achievements and challenges during the earnings call.
Sourced from an exchange-filed transcript, dated 25 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for JTEKT India Limited reported an 11% revenue growth for FY 2025-26, surpassing the industry growth of 9%. Management noted that this growth was attributed to the start of production (SOP) of new models where JTEKT serves as a complete system supplier. However, the EBITDA margin slightly decreased to 7.5% from 7.6% in the previous year. The presentation included an analysis of factors impacting EBITDA margins, highlighting improvements in export sales and other business conditions, but also noted losses due to a change in product mix and increased material costs. The company reported a profit after tax of Rs 765 million, a 4% increase from the previous year. JTEKT India continues to manufacture steering systems and has operations across multiple plants in India, with plans for a new facility in Gujarat.
The presentation provided a balanced view of growth and challenges faced by the company.
Sourced from an exchange-filed presentation, dated 19 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedJTEKT India Limited's FY2024-25 annual report highlights its strategic focus on expanding production capacities, enhancing technological innovation, and strengthening its position as a system supplier in the automotive industry. The company has merged with JTEKT Fuji Kiko Automotive India Limited and continues to supply products to major automakers like Maruti Suzuki, Toyota, and Tata Motors. Despite a challenging global economic environment marked by geopolitical tensions and inflationary pressures, JTEKT India has maintained operational efficiency and is investing in future development. The report also notes ongoing tax disputes and contingent liabilities related to excise duty, service tax, income tax, and GST, which are pending resolution. The company has not defaulted on loans or interest payments and has not been declared a wilful defaulter by any financial institution.
- JTEKT India merged with JTEKT Fuji Kiko Automotive India Limited, enhancing its production and technological capabilities.
- The company supplies products to major automakers including Maruti Suzuki, Toyota, and Tata Motors.
- Ongoing tax disputes and contingent liabilities related to excise duty, service tax, income tax, and GST are pending resolution.
- No defaults on loans or interest payments, and no wilful defaulter status from financial institutions.
Key takeaway: JTEKT India Limited is expanding its automotive manufacturing capabilities and maintaining strong relationships with major automakers, but faces ongoing tax disputes and contingent liabilities that require resolution.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (2 items); Default / Covenant Breach (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceEarlier (1-3 years ago)
The auditor's report on internal financial controls is qualified in respect of the company's internal controls related to trade receivables.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company has pending cases before Appellate authorities in various tax matters (excise duty, service tax, income tax, GST, custom duty) and has received show cause notices in some of these matters.
Earlier (1-3 years ago)
The company is involved in various disputes, lawsuits, claims, and regulatory inspections, including VAT, excise duty, service tax, income tax, and customs duty matters. These include pending cases before appellate authorities and show cause notices received.
Default / Covenant Breach
3 occurrencesRecent (last 12 months)
The company has undisputed statutory dues in arrears for periods exceeding six months, including Goods and Service Tax, Excise Duty, and Custom Duty, with disputes pending before authorities such as CESTAT and Commissioner of Appeals.
Earlier (1-3 years ago)
The company had a slight delay in depositing Goods and Service Tax during the year, but no undisputed amounts were in arrears as of 31 March 2025 for more than six months.
The company has undisputed statutory dues in arrears for periods exceeding six months, including Goods and Service Tax, Excise Duty, and others, with disputes pending before authorities like Commissioner of Appeals and CESTAT.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The auditor of JTEKT India Limited has issued a qualified opinion on the internal financial controls, noting the presence of material weaknesses that affect the achievement of the control objectives as of 31 March 2024.
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has unsecured loans from MUFG Bank and Sumitomo Mitsui Banking Corporation, guaranteed by its parent company JTEKT Corporation, Japan, with repayment schedules and interest rates specified.
Earlier (1-3 years ago)
The company has unsecured Indian rupee loans from banks, including MUFG Bank and Sumitomo Mitsui Banking Corporation, with specific repayment terms and interest rates, secured by corporate guarantees from the parent company JTEKT Corporation, Japan.
The company has unsecured loans from MUFG Bank -1, Sumitomo Mitsui Banking Corporation -1(a), and Sumitomo Mitsui Banking Corporation -1(b), each backed by a corporate guarantee from JTEKT Corporation, Japan. The repayment terms and amounts are detailed for each loan.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company is seeking approval for a Material Related Party Transaction with Maruti Suzuki India Limited.
Earlier (1-3 years ago)
The company is seeking shareholder approval for a Material Related Party Transaction with Maruti Suzuki India Limited.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.36% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).