About
JTEKT India Limited engages in the manufacture and sale of steering systems and auto components for the passenger car and utility vehicle manufacturers in the automobile sector in India. It offers steering systems, including column and gear; driveline, such as driveshaft and HUB unit; bearing solutions, including SBB (single ball bearings) and TRB (tapered roller bearings); and machine tools, such as grinders, machining centers, and mechatronics. The company exports its precision products to West Asia, Africa, the United States, Europe, and Japan. It serves original equipment manufacturers. JTEKT India Limited was formerly known as Sona Koyo Steering Systems Limited and changed its name to JTEKT India Limited in April 2018. The company was incorporated in 1984 and is headquartered in Gurugram, India. JTEKT India Limited is a subsidiary of JTEKT Corporation.
Key Metrics
as of Sep 2026Market Cap3,366 Cr
P/E42.90
Div Yield0.62 %
Book Value₹27.50
52w High₹189.00
52w Low₹117.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 584.00 | 478.00 | 530.00 | 471.00 | 571.00 | 472.00 | 470.00 | 413.00 | 385.00 | 321.00 | 470.00 | 432.00 | 355.00 |
| Expenses | 524.00 | 443.00 | 480.00 | 433.00 | 513.00 | 432.00 | 428.00 | 376.00 | 355.00 | 303.00 | 414.00 | 388.00 | 321.00 |
| Operating Profit | 60.00 | 34.00 | 50.00 | 38.00 | 58.00 | 40.00 | 42.00 | 37.00 | 30.00 | 18.00 | 56.00 | 44.00 | 34.00 |
| OPM % | 10.00 | 7.00 | 10.00 | 8.00 | 10.00 | 8.00 | 9.00 | 9.00 | 8.00 | 6.00 | 12.00 | 10.00 | 9.00 |
| Other Income | 2.00 | 11.00 | 2.00 | 2.00 | 2.00 | -1.00 | -3.00 | 2.00 | 3.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Depreciation | 20.00 | 19.00 | 19.00 | 19.00 | 18.00 | 17.00 | 17.00 | 17.00 | 18.00 | 19.00 | 20.00 | 21.00 | 22.00 |
| Interest | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 42.00 | 25.00 | 32.00 | 20.00 | 41.00 | 21.00 | 21.00 | 21.00 | 14.00 | -1.00 | 36.00 | 23.00 | 12.00 |
| Tax % | 27.00 | 25.00 | 18.00 | 23.00 | 27.00 | 26.00 | 27.00 | 26.00 | 26.00 | -6.00 | 26.00 | 28.00 | 27.00 |
| Net Profit | 30.00 | 19.00 | 26.00 | 15.00 | 30.00 | 16.00 | 15.00 | 16.00 | 11.00 | -1.00 | 27.00 | 17.00 | 9.00 |
| EPS in Rs | 1.01 | 0.64 | 0.94 | 0.54 | 1.04 | 0.53 | 0.53 | 0.54 | 0.36 | -0.05 | 0.95 | 0.59 | 0.30 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,044.00 | 1,589.00 | 1,333.00 | 1,511.00 | 1,754.00 | 1,519.00 | 1,211.00 | 1,518.00 | 1,553.00 | 1,492.00 | 1,460.00 | 1,421.00 |
| Expenses | 1,857.00 | 1,461.00 | 1,230.00 | 1,374.00 | 1,532.00 | 1,306.00 | 1,063.00 | 1,324.00 | 1,337.00 | 1,313.00 | 1,295.00 | 1,246.00 |
| Operating Profit | 187.00 | 127.00 | 103.00 | 137.00 | 222.00 | 213.00 | 148.00 | 194.00 | 216.00 | 179.00 | 165.00 | 175.00 |
| OPM % | 9.00 | 8.00 | 8.00 | 9.00 | 13.00 | 14.00 | 12.00 | 13.00 | 14.00 | 12.00 | 11.00 | 12.00 |
| Other Income | 5.00 | 3.00 | 5.00 | 9.00 | 12.00 | 9.00 | 12.00 | 16.00 | 5.00 | 39.00 | 9.00 | 3.00 |
| Interest | 5.00 | 4.00 | 5.00 | 10.00 | 16.00 | 21.00 | 25.00 | 32.00 | 31.00 | 39.00 | 41.00 | 46.00 |
| Depreciation | 73.00 | 71.00 | 83.00 | 93.00 | 96.00 | 96.00 | 79.00 | 99.00 | 104.00 | 68.00 | 58.00 | 46.00 |
| Profit before tax | 114.00 | 56.00 | 21.00 | 43.00 | 122.00 | 104.00 | 56.00 | 79.00 | 86.00 | 111.00 | 74.00 | 86.00 |
| Tax % | 24.00 | 27.00 | 33.00 | 18.00 | 36.00 | 34.00 | 28.00 | 32.00 | 31.00 | 22.00 | 35.00 | 30.00 |
| Net Profit | 87.00 | 41.00 | 14.00 | 35.00 | 78.00 | 68.00 | 40.00 | 54.00 | 58.00 | 86.00 | 48.00 | 60.00 |
| EPS in Rs | 3.05 | 1.38 | 0.44 | 1.13 | 2.73 | 2.94 | 1.71 | 1.71 | 1.75 | 3.13 | 1.76 | 2.25 |
| Dividend Payout % | 15.00 | 26.00 | 31.00 | 28.00 | 27.00 | 16.00 | 27.00 | 27.00 | 34.00 | 23.00 | 34.00 | 27.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 |
| Reserves | 710.00 | 678.00 | 607.00 | 574.00 | 571.00 | 568.00 | 525.00 | 363.00 | 327.00 | 304.00 | 289.00 | 242.00 | 219.00 |
| Borrowings | 69.00 | 62.00 | 71.00 | 49.00 | 78.00 | 188.00 | 232.00 | 249.00 | 307.00 | 292.00 | 341.00 | 410.00 | 358.00 |
| Other Liabilities | 374.00 | 315.00 | 297.00 | 286.00 | 217.00 | 302.00 | 274.00 | 248.00 | 397.00 | 398.00 | 389.00 | 376.00 | 357.00 |
| Total Liabilities | 1,177.00 | 1,080.00 | 1,000.00 | 933.00 | 890.00 | 1,083.00 | 1,051.00 | 880.00 | 1,052.00 | 1,013.00 | 1,039.00 | 1,048.00 | 953.00 |
| Fixed Assets | 499.00 | 481.00 | 399.00 | 425.00 | 487.00 | 533.00 | 549.00 | 477.00 | 600.00 | 584.00 | 602.00 | 609.00 | 546.00 |
| CWIP | 42.00 | 25.00 | 97.00 | 10.00 | 3.00 | 10.00 | 25.00 | 23.00 | 40.00 | 63.00 | 75.00 | 32.00 | 46.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 103.00 | 1.00 | 1.00 | 1.00 | 30.00 | 30.00 |
| Other Assets | 636.00 | 574.00 | 505.00 | 498.00 | 401.00 | 541.00 | 476.00 | 278.00 | 411.00 | 365.00 | 361.00 | 377.00 | 331.00 |
| Total Assets | 1,177.00 | 1,080.00 | 1,000.00 | 933.00 | 890.00 | 1,083.00 | 1,051.00 | 880.00 | 1,052.00 | 1,013.00 | 1,039.00 | 1,048.00 | 953.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 95.00 | 108.00 | 91.00 | 125.00 | 184.00 | 178.00 | 162.00 | 131.00 | 199.00 | 163.00 | 99.00 | 181.00 |
| Cash from Investing Activity | -84.00 | -126.00 | -40.00 | -34.00 | 16.00 | -118.00 | -64.00 | -79.00 | -81.00 | -42.00 | -96.00 | -139.00 |
| Cash from Financing Activity | -28.00 | 14.00 | -44.00 | -153.00 | -85.00 | -55.00 | -100.00 | -35.00 | -102.00 | -122.00 | -13.00 | -42.00 |
| Net Cash Flow | -17.00 | -4.00 | 7.00 | -61.00 | 115.00 | 5.00 | -2.00 | 18.00 | 15.00 | 0.00 | -10.00 | 0.00 |
| Free Cash Flow | 1.00 | -13.00 | 55.00 | 86.00 | 116.00 | 127.00 | 95.00 | 42.00 | 117.00 | 58.00 | 3.00 | 42.00 |
| CFO/OP % | 68.00 | 97.00 | 98.00 | 105.00 | 105.00 | 105.00 | 126.00 | 82.00 | 104.00 | 106.00 | 69.00 | 117.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50.00 | 56.00 | 70.00 | 47.00 | 56.00 | 62.00 | 47.00 | 52.00 | 44.00 | 51.00 | 57.00 | 45.00 |
| Inventory Days | 49.00 | 48.00 | 52.00 | 41.00 | 36.00 | 39.00 | 39.00 | 36.00 | 35.00 | 33.00 | 29.00 | 22.00 |
| Days Payable | 56.00 | 65.00 | 81.00 | 52.00 | 66.00 | 68.00 | 77.00 | 71.00 | 68.00 | 69.00 | 69.00 | 74.00 |
| Cash Conversion Cycle | 43.00 | 38.00 | 41.00 | 37.00 | 26.00 | 33.00 | 8.00 | 17.00 | 12.00 | 15.00 | 17.00 | -7.00 |
| Working Capital Days | 35.00 | 27.00 | 35.00 | 21.00 | 2.00 | 5.00 | -20.00 | -8.00 | -8.00 | -19.00 | -17.00 | -16.00 |
| ROCE % | 16.00 | 9.00 | 4.00 | 7.00 | 17.00 | 17.00 | 12.00 | 14.00 | 16.00 | 16.00 | 17.00 | 21.00 |
Corporate Actions
28 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 07 Aug 2026 | 07 Aug 2026 | — | 0.75 | |
| Dividend | 08 Aug 2025 | 09 Aug 2025 | — | 0.70 | |
| Rights | 25 Jul 2025 | 25 Jul 2025 | 1:11 | — | |
| Other | 25 Jul 2025 | 25 Jul 2025 | — | — | Right Issue of Equity Shares |
| Dividend | 26 Jul 2024 | — | — | 0.60 | |
| Dividend | 28 Jul 2023 | — | — | 0.50 | |
| Dividend | 11 Aug 2022 | — | — | 0.40 | |
| Dividend | 02 Sep 2021 | — | — | 0.15 | |
| Dividend | 15 Sep 2020 | — | — | 0.35 | |
| Dividend | 01 Aug 2019 | — | — | 0.80 | |
| Dividend | 02 Aug 2018 | — | — | 0.50 | |
| Dividend | 14 Aug 2017 | — | — | 0.50 | |
| Dividend | 28 Jul 2016 | — | — | 0.50 | |
| Dividend | 04 Sep 2015 | — | — | 0.65 | |
| Dividend | 16 Sep 2014 | — | — | 0.80 | |
| Dividend | 30 Jul 2013 | — | — | 0.65 | |
| Dividend | 23 Jul 2012 | — | — | 0.65 | |
| Dividend | 22 Jul 2011 | — | — | 0.65 | |
| Dividend | 16 Jul 2010 | — | — | 0.30 | |
| Other | 17 Jul 2009 | — | — | — | Annual General Meeting |
| Split | 02 Sep 2008 | 10 Sep 2008 | 2:1 | — | |
| Dividend | 27 Jun 2008 | — | — | 0.70 | NSE/BSE dividend mismatch: NSE=0.35; BSE=0.7 |
| Dividend | 27 Jun 2008 | — | — | 0.35 | NSE/BSE dividend mismatch: NSE=0.35; BSE=0.7 |
| Dividend | 28 Jun 2007 | — | — | 0.35 | |
| Bonus | 14 Sep 2006 | 15 Sep 2006 | 1:1 | — | |
| Dividend | 29 Jun 2006 | — | — | 0.50 | |
| Dividend | 29 Jun 2005 | — | — | 0.50 | |
| Dividend | 12 Jul 2001 | — | — | 2.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update8 Jul from icra
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Rating update4 Jul 2025 from icra
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Rating update7 May 2024 from icra
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Rating update19 Apr 2023 from icra
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Rating update22 Apr 2022 from icra
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Rating update15 Apr 2021 from icra