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Last Updated on: 24 February, 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

Jamna Auto Industries Ltd. Share Price Update

Share PriceValue
Today₹123.00
Previous Day₹124.25

Basic Stock Data of Jamna Auto Industries Ltd

Market Cap 4,605 Cr.
Current Price 115
High / Low135/94.2
Stock P/E22.7
Book Value 21.0
Dividend Yield1.64 %
ROCE27.5 %
ROE22.9 %
Face Value 1.00

Data Source: screener.in

Competitors of Jamna Auto Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Remsons Industries Ltd 536 Cr. 939969/18257.1 77.90.16 %15.4 %20.7 % 10.0
Industry Average536 Cr93957.177.90.16%15.4%20.7%10

Jamna Auto Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales187343484295352445626548553591634575607
Expenses170292412260307385539488497525554502528
Operating Profit17517235446087605666797379
OPM %9%15%15%12%13%13%14%11%10%11%13%13%13%
Other Income5130211271211
Interest1121101111101
Depreciation8101089911101010111111
Profit before tax12426427375177515256716369
Tax %32%28%25%27%27%27%26%26%28%27%26%27%27%
Net Profit8304819273757373741524650
EPS in Rs0.200.751.190.490.680.941.430.940.941.031.321.141.26

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:9%
5 Years:6%
3 Years:27%
TTM:4%
Compounded Profit Growth
10 Years:20%
5 Years:6%
3 Years:51%
TTM:18%
Stock Price CAGR
10 Years:36%
5 Years:16%
3 Years:20%
1 Year:13%
Return on Equity
10 Years:22%
5 Years:20%
3 Years:20%
Last Year:23%

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

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters50.00%50.00%50.00%50.00%49.98%49.98%49.98%49.98%49.96%49.96%49.96%49.95%
FIIs6.74%7.37%7.36%6.70%5.55%6.63%7.08%6.47%6.24%3.29%5.79%5.70%
DIIs8.77%9.90%11.56%12.87%13.55%13.83%13.38%14.45%15.13%14.61%12.28%10.76%
Public34.49%32.73%31.08%30.43%30.92%29.56%29.57%29.10%28.67%32.15%31.98%33.58%
No. of Shareholders1,09,4361,15,1251,09,7241,08,1281,20,2701,18,4561,32,4761,28,7421,24,1401,40,1581,61,4391,74,252

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)
HSBC Small Cap Fund - Regular Plan101495630.89113.62
ICICI Prudential Smallcap Fund75508991.2884.53
Axis Small Cap Fund58931090.3765.97
Invesco India Multicap Fund26378091.0229.53
Edelweiss Small Cap Fund24635290.9827.58
UTI Small Cap Fund23819910.7726.67
Invesco India Smallcap Fund20928600.7223.43
Tata Multicap Fund20000000.8522.39
UTI ELSS Tax Saver Fund19202360.6521.5
Bank of India Small Cap Fund11200001.5312.54

Jamna Auto Industries Ltd ROCE Trend

Jamna Auto Industries Ltd EPS Trend

Jamna Auto Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)4.233.531.831.203.45
Diluted EPS (Rs.)4.213.521.831.203.45
Cash EPS (Rs.)5.254.462.732.244.62
Book Value[Excl.RevalReserv]/Share (Rs.)19.6717.1814.5612.9712.79
Book Value[Incl.RevalReserv]/Share (Rs.)19.6717.1814.5612.9712.79
Revenue From Operations / Share (Rs.)58.3243.1127.1028.3453.60
PBDIT / Share (Rs.)6.855.793.583.287.22
PBIT / Share (Rs.)5.824.872.692.246.06
PBT / Share (Rs.)5.754.802.531.805.41
Net Profit / Share (Rs.)4.223.531.831.203.45
NP After MI And SOA / Share (Rs.)4.223.531.831.203.45
PBDIT Margin (%)11.7413.4313.2011.5613.47
PBIT Margin (%)9.9811.299.917.9011.29
PBT Margin (%)9.8611.139.346.3410.09
Net Profit Margin (%)7.248.196.754.246.43
NP After MI And SOA Margin (%)7.248.196.754.246.43
Return on Networth / Equity (%)21.4620.5612.579.2626.97
Return on Capital Employeed (%)28.1426.6417.1614.6944.47
Return On Assets (%)15.8711.808.266.0512.87
Long Term Debt / Equity (X)0.000.000.000.090.01
Total Debt / Equity (X)0.020.250.000.260.01
Asset Turnover Ratio (%)2.001.621.261.152.34
Current Ratio (X)2.111.441.401.331.13
Quick Ratio (X)0.720.760.590.620.69
Inventory Turnover Ratio (X)4.914.424.173.507.79
Dividend Payout Ratio (NP) (%)42.6028.2813.6470.7130.42
Dividend Payout Ratio (CP) (%)34.2522.439.1737.9322.74
Earning Retention Ratio (%)57.4071.7286.3629.2969.58
Cash Earning Retention Ratio (%)65.7577.5790.8362.0777.26
Interest Coverage Ratio (X)98.4882.6023.307.4311.19
Interest Coverage Ratio (Post Tax) (X)61.7051.3912.923.726.34
Enterprise Value (Cr.)3919.684114.022663.451081.252478.45
EV / Net Operating Revenue (X)1.692.392.470.951.16
EV / EBITDA (X)14.3517.8218.688.288.62
MarketCap / Net Operating Revenue (X)1.702.312.510.831.17
Retention Ratios (%)57.3971.7186.3529.2869.57
Price / BV (X)5.055.794.661.834.91
Price / Net Operating Revenue (X)1.702.312.510.831.17
EarningsYield0.040.030.020.050.05

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 of Jamna Auto Industries Ltd Stock

Fair Value: ₹110.95

The stock is overvalued by 3.52% compared to the current price ₹115

*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 is trading at a high valuation with an average P/B ratio of 4.34 and average Dividend Yield of 10.07%.
  2. The stock has a high average Cash Conversion Cycle of 24.92, which may not be favorable.

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