Fundamental Analysis of Jamna Auto Industries Ltd

About the Company - Jamna Auto Industries Ltd

Jamna Auto Industries Ltd. is a Public Limited Listed company incorporated on 30/09/1965 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L35911HR1965PLC004485 and registration number is 004485. Currently Company is involved in the business activities of Manufacture of diverse parts and accessories for motor vehecles sucs as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalysers, clutches, steering wheels, steering columns and steering boxes etc.. Company’s Total Operating Revenue is Rs. 1649.04 Cr. and Equity Capital is Rs. 39.85 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Auto Ancl - Susp. & Braking - Springs	Jai Springs Road, Industrial Area, Yamunanagar Haryana 135001	praveen@jaispring.com http://www.jaispring.com

Management
Name	Position Held
Mr. Randeep Singh Jauhar	Chairman & Executive Director
Mr. Pradeep Singh Jauhar	Managing Director & CEO
Mr. S P S Kohli	Executive Director
Ms. Rashmi Duggal	Independent Director
Mr. Uma Kant Singhal	Independent Director
Mr. Shashi Bhushan Bansal	Independent Director
Mr. Rakesh Kalra	Independent Director
Mr. Gautam Mukherjee	Independent Director

Basic Stock Data of Jamna Auto Industries Ltd

Last Updated: July 26, 2024, 10:29 pm

Market Cap	5,430 Cr.
Current Price	136
High / Low	144/102
Stock P/E	26.4
Book Value	22.6
Dividend Yield	1.40 %
ROCE	30.4 %
ROE	24.4 %
Face Value	1.00
PEG Ratio	0.83

Data Source: screener.in

Competitors of Jamna Auto Industries Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Auto Pins (India) Ltd	83.9 Cr.	147	215/65.0	81.5	14.5	0.00 %	22.0 %	13.3 %	10.0
Remsons Industries Ltd	660 Cr.	189	221/56.3	72.3	30.3	0.16 %	13.6 %	12.4 %	2.00
Jamna Auto Industries Ltd	5,430 Cr.	136	144/102	26.4	22.6	1.40 %	30.4 %	24.4 %	1.00
Industry Average	660.00 Cr	168.00		76.90	22.40	0.08%	17.80%	12.85%	6.00

Jamna Auto Industries Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	343	484	295	352	445	626	548	553	591	634	575	607	604
Expenses	292	412	260	307	385	539	488	497	525	554	502	528	518
Operating Profit	51	72	35	44	60	87	60	56	66	79	73	79	86
OPM %	15%	15%	12%	13%	13%	14%	11%	10%	11%	13%	13%	13%	14%
Other Income	1	3	0	2	1	1	2	7	1	2	1	1	1
Interest	1	2	1	1	0	1	1	1	1	1	0	1	1
Depreciation	10	10	8	9	9	11	10	10	10	11	11	11	12
Profit before tax	42	64	27	37	51	77	51	52	56	71	63	69	74
Tax %	28%	25%	27%	27%	27%	26%	26%	28%	27%	26%	27%	27%	26%
Net Profit	30	48	19	27	37	57	37	37	41	52	46	50	55
EPS in Rs	0.75	1.19	0.49	0.68	0.94	1.43	0.94	0.94	1.03	1.32	1.14	1.26	1.38

Last Updated: July 11, 2024, 8:47 am

Jamna Auto Industries Ltd Quarterly Chart

Jamna Auto Industries Ltd Profit & Loss

Last Updated: July 10, 2024, 6:33 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	1,120	980	833	1,095	1,256	1,292	1,738	2,135	1,129	1,079	1,718	2,325	2,408
Expenses	1,015	895	785	1,001	1,092	1,091	1,499	1,856	1,013	945	1,491	2,063	2,110
Operating Profit	104	86	49	95	164	201	239	279	116	134	227	262	297
OPM %	9%	9%	6%	9%	13%	16%	14%	13%	10%	12%	13%	11%	12%
Other Income	-2	2	18	2	7	6	9	11	15	10	5	12	6
Interest	19	27	24	18	20	14	20	28	18	7	4	3	3
Depreciation	32	29	26	31	45	48	41	46	41	36	37	41	43
Profit before tax	51	32	17	47	105	145	186	216	72	101	191	229	258
Tax %	18%	14%	17%	38%	32%	28%	33%	36%	33%	28%	26%	27%
Net Profit	42	28	14	29	72	105	125	137	48	73	141	168	189
EPS in Rs	1.07	0.70	0.35	0.74	1.80	2.63	3.14	3.45	1.20	1.83	3.53	4.22	4.75
Dividend Payout %	33%	28%	29%	30%	31%	27%	27%	28%	33%	41%	42%	45%

Jamna Auto Industries Ltd Profit & Loss Yearly Chart

Jamna Auto Industries Ltd Growth

Compounded Sales Growth
10 Years:	11%
5 Years:	3%
3 Years:	31%
TTM:	4%

Compounded Profit Growth
10 Years:	63%
5 Years:	8%
3 Years:	41%
TTM:	22%

Stock Price CAGR
10 Years:	27%
5 Years:	24%
3 Years:	15%
1 Year:	18%

Return on Equity
10 Years:	23%
5 Years:	19%
3 Years:	23%
Last Year:	24%

Last Updated: July 24, 2024, 5:35 pm

Jamna Auto Industries Ltd Balance Sheet

Last Updated: July 10, 2024, 6:33 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	39	40	40	40	40	40	40	40	40	40	40	40	40
Reserves	113	132	140	157	203	293	384	470	477	540	645	744	796
Preference Capital	4	4	2	0	0	0	0	0	0	0	0	0
Borrowings	183	166	125	64	16	73	63	4	152	125	191	30	69
Other Liabilities	297	264	234	234	225	155	303	554	121	292	317	246	302
Total Liabilities	632	601	539	495	484	561	789	1,067	790	998	1,193	1,060	1,207
Fixed Assets	185	265	259	242	211	281	301	373	369	351	436	434	460
CWIP	89	17	2	8	65	20	31	40	132	134	53	56	52
Investments	5	5	0	0	0	0	0	0	0	0	0	0	0
Other Assets	353	314	277	245	207	259	457	655	289	512	703	570	694
Total Assets	632	601	539	495	484	561	789	1,067	790	998	1,193	1,060	1,207

Jamna Auto Industries Ltd Reserves and Borrowings Chart

Jamna Auto Industries Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	87	45	98	138	81	126	281	-1	100	1	344	90
Cash from Investing Activity	-32	24	-22	-75	-83	-72	-130	-97	-18	-36	-88	-160
Cash from Financing Activity	-55	-66	-78	-66	6	-57	-139	80	-45	20	-228	92
Net Cash Flow	-1	3	-2	-3	4	-2	12	-19	37	-15	28	22

Jamna Auto Industries Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	42	40	47	19	11	10	40	52	26	58	61	12
Inventory Days	65	75	65	54	49	53	53	61	67	116	102	77
Days Payable	113	123	124	91	61	37	68	117	19	102	66	34
Cash Conversion Cycle	-6	-9	-11	-18	-0	26	25	-4	73	71	97	55
Working Capital Days	-8	-10	-8	-19	-18	11	23	7	46	61	76	35
ROCE %	24%	17%	8%	23%	49%	48%	46%	49%	15%	16%	25%	28%

Jamna Auto Industries Ltd Financial Efficiency Indicators Chart

Jamna Auto Industries Ltd Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	50.00%	50.00%	50.00%	49.98%	49.98%	49.98%	49.98%	49.96%	49.96%	49.96%	49.95%	49.94%
FIIs	7.37%	7.36%	6.70%	5.55%	6.63%	7.08%	6.47%	6.24%	3.29%	5.79%	5.70%	7.67%
DIIs	9.90%	11.56%	12.87%	13.55%	13.83%	13.38%	14.45%	15.13%	14.61%	12.28%	10.76%	7.14%
Public	32.73%	31.08%	30.43%	30.92%	29.56%	29.57%	29.10%	28.67%	32.15%	31.98%	33.58%	35.24%
No. of Shareholders	1,15,125	1,09,724	1,08,128	1,20,270	1,18,456	1,32,476	1,28,742	1,24,140	1,40,158	1,61,439	1,74,252	2,44,205

Jamna Auto Industries Ltd Shareholding Pattern Chart

No. of Jamna Auto Industries Ltd Shareholders

Jamna Auto Industries Ltd Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HSBC Small Cap Fund - Regular Plan	10,149,563	0.89	113.62	7,550,899	2024-07-24	34.42%
ICICI Prudential Smallcap Fund	7,550,899	1.28	84.53	7,550,899	2024-07-24	0%
Axis Small Cap Fund	5,893,109	0.37	65.97	7,550,899	2024-07-24	-21.95%
Invesco India Multicap Fund	2,637,809	1.02	29.53	7,550,899	2024-07-24	-65.07%
Edelweiss Small Cap Fund	2,463,529	0.98	27.58	7,550,899	2024-07-24	-67.37%
UTI Small Cap Fund	2,381,991	0.77	26.67	7,550,899	2024-07-24	-68.45%
Invesco India Smallcap Fund	2,092,860	0.72	23.43	7,550,899	2024-07-24	-72.28%
Tata Multicap Fund	2,000,000	0.85	22.39	7,550,899	2024-07-24	-73.51%
UTI ELSS Tax Saver Fund	1,920,236	0.65	21.5	7,550,899	2024-07-24	-74.57%
Bank of India Small Cap Fund	1,120,000	1.53	12.54	7,550,899	2024-07-24	-85.17%

Jamna Auto Industries Ltd ROCE Trend

Jamna Auto Industries Ltd EPS Trend

Jamna Auto Industries Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	5.15	4.23	3.53	1.83	1.20
Diluted EPS (Rs.)	5.14	4.21	3.52	1.83	1.20
Cash EPS (Rs.)	6.26	5.25	4.46	2.73	2.24
Book Value[Excl.RevalReserv]/Share (Rs.)	22.65	19.67	17.18	14.56	12.97
Book Value[Incl.RevalReserv]/Share (Rs.)	22.65	19.67	17.18	14.56	12.97
Revenue From Operations / Share (Rs.)	60.85	58.32	43.11	27.10	28.34
PBDIT / Share (Rs.)	8.31	6.85	5.79	3.58	3.28
PBIT / Share (Rs.)	7.20	5.82	4.87	2.69	2.24
PBT / Share (Rs.)	7.10	5.75	4.80	2.53	1.80
Net Profit / Share (Rs.)	5.15	4.22	3.53	1.83	1.20
NP After MI And SOA / Share (Rs.)	5.15	4.22	3.53	1.83	1.20
PBDIT Margin (%)	13.65	11.74	13.43	13.20	11.56
PBIT Margin (%)	11.82	9.98	11.29	9.91	7.90
PBT Margin (%)	11.67	9.86	11.13	9.34	6.34
Net Profit Margin (%)	8.46	7.24	8.19	6.75	4.24
NP After MI And SOA Margin (%)	8.46	7.24	8.19	6.75	4.24
Return on Networth / Equity (%)	22.74	21.46	20.56	12.57	9.26
Return on Capital Employeed (%)	30.58	28.14	26.64	17.16	14.69
Return On Assets (%)	15.21	15.87	11.80	8.26	6.05
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.00	0.09
Total Debt / Equity (X)	0.17	0.02	0.25	0.00	0.26
Asset Turnover Ratio (%)	2.01	2.00	1.62	1.26	1.15
Current Ratio (X)	1.59	2.11	1.44	1.40	1.33
Quick Ratio (X)	0.72	0.72	0.76	0.59	0.62
Inventory Turnover Ratio (X)	4.59	4.91	4.42	4.17	3.50
Dividend Payout Ratio (NP) (%)	0.00	42.60	28.28	13.64	70.71
Dividend Payout Ratio (CP) (%)	0.00	34.25	22.43	9.17	37.93
Earning Retention Ratio (%)	0.00	57.40	71.72	86.36	29.29
Cash Earning Retention Ratio (%)	0.00	65.75	77.57	90.83	62.07
Interest Coverage Ratio (X)	87.48	98.48	82.60	23.30	7.43
Interest Coverage Ratio (Post Tax) (X)	55.24	61.70	51.39	12.92	3.72
Enterprise Value (Cr.)	5358.21	3919.68	4114.02	2663.45	1081.25
EV / Net Operating Revenue (X)	2.21	1.69	2.39	2.47	0.95
EV / EBITDA (X)	16.17	14.35	17.82	18.68	8.28
MarketCap / Net Operating Revenue (X)	2.18	1.70	2.31	2.51	0.83
Retention Ratios (%)	0.00	57.39	71.71	86.35	29.28
Price / BV (X)	5.85	5.05	5.79	4.66	1.83
Price / Net Operating Revenue (X)	2.18	1.70	2.31	2.51	0.83
EarningsYield	0.03	0.04	0.03	0.02	0.05

Jamna Auto Industries Ltd Profitability Ratios (%)

Jamna Auto Industries Ltd Liquidity Ratios

Jamna Auto Industries Ltd Liquidity Ratios (%)

Jamna Auto Industries Ltd Interest Coverage Ratios (%)

Jamna Auto Industries Ltd Valuation Ratios

Fair Value

Fair Value: 147.62

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 8.54% compared to the current price 136

Intrinsic Value: 194.38

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 42.92% compared to the current price 136

Last 5 Year EPS CAGR: 31.67%

*Investments are subject to market risks

Strength and Weakness of Jamna Auto Industries Ltd Stock

Strength	Weakness
The stock has a high average ROCE of 29.00%, which is a positive sign. The stock has a low average Working Capital Days of 16.33, which is a positive sign. The company has higher reserves (420.67 cr) compared to borrowings (98.75 cr), indicating strong financial stability. The company has shown consistent growth in sales (140.54 cr) and profit (126.92 cr) over the years.	The stock has a high average Cash Conversion Cycle of 24.92, which may not be favorable.

FAQ

What is the latest fair value of Jamna Auto Industries Ltd?

The latest fair value of Jamna Auto Industries Ltd is ₹147.62.

What is the Market Cap of Jamna Auto Industries Ltd?

The Market Cap of Jamna Auto Industries Ltd is 5,430 Cr..

What is the current Stock Price of Jamna Auto Industries Ltd as on 26 July 2024?

The current stock price of Jamna Auto Industries Ltd as on 26 July 2024 is 136.

What is the High / Low of Jamna Auto Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Jamna Auto Industries Ltd stocks is 144/102.

What is the Stock P/E of Jamna Auto Industries Ltd?

The Stock P/E of Jamna Auto Industries Ltd is 26.4.

What is the Book Value of Jamna Auto Industries Ltd?

The Book Value of Jamna Auto Industries Ltd is 22.6.

What is the Dividend Yield of Jamna Auto Industries Ltd?

The Dividend Yield of Jamna Auto Industries Ltd is 1.40 %.

What is the ROCE of Jamna Auto Industries Ltd?

The ROCE of Jamna Auto Industries Ltd is 30.4 %.

What is the ROE of Jamna Auto Industries Ltd?

The ROE of Jamna Auto Industries Ltd is 24.4 %.

What is the Face Value of Jamna Auto Industries Ltd?

The Face Value of Jamna Auto Industries Ltd is 1.00.