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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

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.
INDUSTRYADDRESSCONTACT
Auto Ancl - Susp. & Braking - SpringsJai Springs Road, Industrial Area, Yamunanagar Haryana 135001praveen@jaispring.com
http://www.jaispring.com
Management
NamePosition Held
Mr. Randeep Singh JauharChairman & Executive Director
Mr. Pradeep Singh JauharManaging Director & CEO
Mr. S P S KohliExecutive Director
Ms. Rashmi DuggalIndependent Director
Mr. Uma Kant SinghalIndependent Director
Mr. Shashi Bhushan BansalIndependent Director
Mr. Rakesh KalraIndependent Director
Mr. Gautam MukherjeeIndependent Director

Basic Stock Data of Jamna Auto Industries Ltd

Last Updated: June 17, 2024, 8:29 pm

Market Cap 5,124 Cr.
Current Price 128
High / Low144/95.9
Stock P/E25.0
Book Value 22.6
Dividend Yield1.48 %
ROCE30.4 %
ROE24.4 %
Face Value 1.00
PEG Ratio0.79

Competitors of Jamna Auto Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Auto Pins (India) Ltd 110 Cr. 192215/61.2107 14.50.00 %22.0 %13.3 % 10.0
Remsons Industries Ltd 724 Cr. 1,0271,105/21979.3 1510.15 %13.6 %12.4 % 10.0
Industry Average417.00 Cr609.5093.1582.750.08%17.80%12.85%10.00

Jamna Auto Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales343484295352445626548553591634575607604
Expenses292412260307385539488497525554502528518
Operating Profit51723544608760566679737986
OPM %15%15%12%13%13%14%11%10%11%13%13%13%14%
Other Income1302112712111
Interest1211011111011
Depreciation10108991110101011111112
Profit before tax42642737517751525671636974
Tax %28%25%27%27%27%26%26%28%27%26%27%27%26%
Net Profit30481927375737374152465055
EPS in Rs0.751.190.490.680.941.430.940.941.031.321.141.261.38

Last Updated: June 7, 2024, 8:59 am

Jamna Auto Industries Ltd Quarterly Chart

Jamna Auto Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,1209808331,0951,2561,2921,7382,1351,1291,0791,7182,3252,408
Expenses1,0158957851,0011,0921,0911,4991,8561,0139451,4912,0632,110
Operating Profit104864995164201239279116134227262297
OPM %9%9%6%9%13%16%14%13%10%12%13%11%12%
Other Income-221827691115105126
Interest1927241820142028187433
Depreciation32292631454841464136374143
Profit before tax5132174710514518621672101191229258
Tax %18%14%17%38%32%28%33%36%33%28%26%27%
Net Profit42281429721051251374873141168189
EPS in Rs1.070.700.350.741.802.633.143.451.201.833.534.224.75
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:19%
3 Years:15%
1 Year:25%
Return on Equity
10 Years:23%
5 Years:19%
3 Years:23%
Last Year:24%

Last Updated: June 18, 2024, 10:31 am

Jamna Auto Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital39404040404040404040404040
Reserves113132140157203293384470477540645744796
Preference Capital442000000000
Borrowings1831661256416736341521251913069
Other Liabilities297264234234225155303554121292317246302
Total Liabilities6326015394954845617891,0677909981,1931,0601,207
Fixed Assets185265259242211281301373369351436434460
CWIP89172865203140132134535652
Investments5500000000000
Other Assets353314277245207259457655289512703570694
Total Assets6326015394954845617891,0677909981,1931,0601,207

Jamna Auto Industries Ltd Reserves and Borrowings Chart

Jamna Auto Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 7187459813881126281-11001344
Cash from Investing Activity -86-3224-22-75-83-72-130-97-18-36-88
Cash from Financing Activity 13-55-66-78-666-57-13980-4520-228
Net Cash Flow-1-13-2-34-212-1937-1528

Jamna Auto Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days424047191110405226586112
Inventory Days65756554495353616711610277
Days Payable11312312491613768117191026634
Cash Conversion Cycle-6-9-11-18-02625-473719755
Working Capital Days-8-10-8-19-181123746617635
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

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters50.00%50.00%50.00%49.98%49.98%49.98%49.98%49.96%49.96%49.96%49.95%49.94%
FIIs7.37%7.36%6.70%5.55%6.63%7.08%6.47%6.24%3.29%5.79%5.70%7.67%
DIIs9.90%11.56%12.87%13.55%13.83%13.38%14.45%15.13%14.61%12.28%10.76%7.14%
Public32.73%31.08%30.43%30.92%29.56%29.57%29.10%28.67%32.15%31.98%33.58%35.24%
No. of Shareholders1,15,1251,09,7241,08,1281,20,2701,18,4561,32,4761,28,7421,24,1401,40,1581,61,4391,74,2522,44,205

Jamna Auto Industries Ltd Shareholding Pattern Chart

No. of Jamna Auto Industries Ltd Shareholders

Jamna Auto Industries Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HSBC Small Cap Fund - Regular Plan10,149,5630.89113.6210,149,5632024-06-240%
ICICI Prudential Smallcap Fund7,550,8991.2884.5310,149,5632024-06-24-25.6%
Axis Small Cap Fund5,893,1090.3765.9710,149,5632024-06-24-41.94%
Invesco India Multicap Fund2,637,8091.0229.5310,149,5632024-06-24-74.01%
Edelweiss Small Cap Fund2,463,5290.9827.5810,149,5632024-06-24-75.73%
UTI Small Cap Fund2,381,9910.7726.6710,149,5632024-06-24-76.53%
Invesco India Smallcap Fund2,092,8600.7223.4310,149,5632024-06-24-79.38%
Tata Multicap Fund2,000,0000.8522.3910,149,5632024-06-24-80.29%
UTI ELSS Tax Saver Fund1,920,2360.6521.510,149,5632024-06-24-81.08%
Bank of India Small Cap Fund1,120,0001.5312.5410,149,5632024-06-24-88.97%

Jamna Auto Industries Ltd ROCE Trend

Jamna Auto Industries Ltd EPS Trend

Jamna Auto Industries Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)5.154.233.531.831.20
Diluted EPS (Rs.)5.144.213.521.831.20
Cash EPS (Rs.)6.265.254.462.732.24
Book Value[Excl.RevalReserv]/Share (Rs.)22.6519.6717.1814.5612.97
Book Value[Incl.RevalReserv]/Share (Rs.)22.6519.6717.1814.5612.97
Revenue From Operations / Share (Rs.)60.8558.3243.1127.1028.34
PBDIT / Share (Rs.)8.316.855.793.583.28
PBIT / Share (Rs.)7.205.824.872.692.24
PBT / Share (Rs.)7.105.754.802.531.80
Net Profit / Share (Rs.)5.154.223.531.831.20
NP After MI And SOA / Share (Rs.)5.154.223.531.831.20
PBDIT Margin (%)13.6511.7413.4313.2011.56
PBIT Margin (%)11.829.9811.299.917.90
PBT Margin (%)11.679.8611.139.346.34
Net Profit Margin (%)8.467.248.196.754.24
NP After MI And SOA Margin (%)8.467.248.196.754.24
Return on Networth / Equity (%)22.7421.4620.5612.579.26
Return on Capital Employeed (%)30.5828.1426.6417.1614.69
Return On Assets (%)15.2115.8711.808.266.05
Long Term Debt / Equity (X)0.000.000.000.000.09
Total Debt / Equity (X)0.170.020.250.000.26
Asset Turnover Ratio (%)2.012.001.621.261.15
Current Ratio (X)1.592.111.441.401.33
Quick Ratio (X)0.720.720.760.590.62
Inventory Turnover Ratio (X)4.594.914.424.173.50
Dividend Payout Ratio (NP) (%)0.0042.6028.2813.6470.71
Dividend Payout Ratio (CP) (%)0.0034.2522.439.1737.93
Earning Retention Ratio (%)0.0057.4071.7286.3629.29
Cash Earning Retention Ratio (%)0.0065.7577.5790.8362.07
Interest Coverage Ratio (X)87.4898.4882.6023.307.43
Interest Coverage Ratio (Post Tax) (X)55.2461.7051.3912.923.72
Enterprise Value (Cr.)5358.213919.684114.022663.451081.25
EV / Net Operating Revenue (X)2.211.692.392.470.95
EV / EBITDA (X)16.1714.3517.8218.688.28
MarketCap / Net Operating Revenue (X)2.181.702.312.510.83
Retention Ratios (%)0.0057.3971.7186.3529.28
Price / BV (X)5.855.055.794.661.83
Price / Net Operating Revenue (X)2.181.702.312.510.83
EarningsYield0.030.040.030.020.05

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: 139.90

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: 9.30% compared to the current price 128

Intrinsic Value: 184.21

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: 43.92% compared to the current price ₹128

Last 5 Year EPS CAGR: 31.67%

*Investments are subject to market risks

Strength and Weakness of Jamna Auto Industries Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 29.00%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 16.33, which is a positive sign.
  3. The company has higher reserves (391.85 cr) compared to borrowings (0.77 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (140.54 cr) and profit (126.92 cr) over the years.
  1. 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 ₹139.90.

What is the Market Cap of Jamna Auto Industries Ltd?

The Market Cap of Jamna Auto Industries Ltd is 5,124 Cr..

What is the current Stock Price of Jamna Auto Industries Ltd as on 22 June 2024?

The current stock price of Jamna Auto Industries Ltd as on 22 June 2024 is ₹128.

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 144/95.9.

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

The Stock P/E of Jamna Auto Industries Ltd is 25.0.

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 1.48 %.

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.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Jamna Auto Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE