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Last Updated: April 2, 2026, 3:10 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 520057 | NSE: JTEKTINDIA

JTEKT India Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹121.53Fairly Valued by 2.78%vs CMP ₹125.00

P/E (44.3) × ROE (12.4%) × BV (₹27.50) × DY (0.56%)

₹72.14Overvalued by 42.29%vs CMP ₹125.00
MoS: -73.3% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹148.9923%Under (+19.2%)
Graham NumberEarnings₹44.0117%Over (-64.8%)
Earnings PowerEarnings₹10.7511%Over (-91.4%)
DCFCash Flow₹76.9011%Over (-38.5%)
Net Asset ValueAssets₹26.397%Over (-78.9%)
EV/EBITDAEnterprise₹90.999%Over (-27.2%)
Earnings YieldEarnings₹31.307%Over (-75%)
ROCE CapitalReturns₹48.239%Over (-61.4%)
Revenue MultipleRevenue₹73.486%Over (-41.2%)
Consensus (9 models)₹72.14100%Overvalued
Key Drivers: Wide model spread (₹11–₹149) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 22.6%

*Investments are subject to market risks

Investment Snapshot

64
JTEKT India Ltd scores 64/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health77/100 · Strong
ROCE 15.9% GoodROE 12.4% GoodD/E 0.22 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money75/100 · Strong
FII holding up 0.01% (6mo) Slight increaseDII holding up 1.82% MF buyingPromoter holding at 75.0% Stable
Earnings Quality50/100 · Moderate
OPM stable around 9% Steady
Quarterly Momentum68/100 · Strong
Revenue (4Q): +7% YoY GrowingProfit (4Q): +17% YoY Positive
Industry Rank50/100 · Moderate
P/E 44.3 vs industry 42.3 In-lineROCE 15.9% vs industry 25.4% Average3Y sales CAGR: 11% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

JTEKT India Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
20/100
Low
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 44.3 vs Ind 42.3 | ROCE 15.9% | ROE 12.4% | CFO/NP N/A
Balance Sheet Stress
0/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 0.22x | IntCov 0.0x | Current 1.33x | Borrow/Reserve 0.10x
Cash Flow Reliability
14/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹87 Cr | CFO/NP N/A
Ownership Accumulation
-50
Distribution
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII -0.10 pp | DII -0.11 pp | Prom 0.00 pp
Business Momentum
+100
Stable
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales +22.2% | Q NP +57.9% | Q OPM +3.0 pp
Derived FieldValueHow it is derived
Valuation Gap %-42.3%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.10xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII Change-0.10 ppLatest FII% minus previous FII%
DII Change-0.11 ppLatest DII% minus previous DII%
Promoter Change0.00 ppLatest promoter% minus previous promoter%
Shareholder Count Change-1,348Latest shareholder count minus previous count
Quarterly Sales Change+22.2%Latest quarter sales vs previous quarter sales
Quarterly Profit Change+57.9%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change+3.0 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:10 am

Market Cap 3,477 Cr.
Current Price 125
Intrinsic Value₹72.14
High / Low 189/107
Stock P/E44.3
Book Value 27.5
Dividend Yield0.56 %
ROCE15.9 %
ROE12.4 %
Face Value 1.00
PEG Ratio1.96

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for JTEKT India Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
JTEKT India Ltd 3,477 Cr. 125 189/10744.3 27.50.56 %15.9 %12.4 % 1.00
Shanthi Gears Ltd 3,375 Cr. 440 621/38640.2 56.31.14 %34.9 %25.6 % 1.00
Industry Average3,426.00 Cr282.5042.2541.900.85%25.40%19.00%1.00

All Competitor Stocks of JTEKT India Ltd

Quarterly Result

MetricSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales 355432470321385413470472571471530478584
Expenses 321388414303355376428432513433480443524
Operating Profit 34445618303742405838503460
OPM % 9%10%12%6%8%9%9%8%10%8%10%7%10%
Other Income 111132-3-1222112
Interest 1111111111111
Depreciation 22212019181717171819191920
Profit before tax 122336-1142121214120322542
Tax % 27%28%26%-6%26%26%27%26%27%23%18%25%27%
Net Profit 91727-1111615163015261930
EPS in Rs 0.300.590.95-0.050.360.540.530.531.040.540.940.641.01

Last Updated: August 1, 2025, 6:45 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 15, 2025, 5:02 am

MetricMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales 1,4211,4601,4921,5531,5181,2111,5191,7541,5111,3331,5892,0442,063
Expenses 1,2461,2951,3131,3371,3241,0631,3061,5321,3741,2301,4611,8571,879
Operating Profit 175165179216194148213222137103127187183
OPM % 12%11%12%14%13%12%14%13%9%8%8%9%9%
Other Income 393951612912953517
Interest 4641393132252116105455
Depreciation 465868104997996969383717377
Profit before tax 8674111867956104122432156114118
Tax % 30%35%22%31%32%28%34%36%18%33%27%24%
Net Profit 60488658544068783514418790
EPS in Rs 2.251.763.131.751.711.712.942.731.130.441.383.053.13
Dividend Payout % 27%34%23%34%27%27%16%27%28%31%26%15%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-20.00%79.17%-32.56%-6.90%-25.93%70.00%14.71%-55.13%-60.00%192.86%112.20%
Change in YoY Net Profit Growth (%)0.00%99.17%-111.72%25.66%-19.03%95.93%-55.29%-69.83%-4.87%252.86%-80.66%

JTEKT India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:3%
5 Years:6%
3 Years:11%
TTM:7%
Compounded Profit Growth
10 Years:8%
5 Years:6%
3 Years:40%
TTM:4%
Stock Price CAGR
10 Years:10%
5 Years:14%
3 Years:15%
1 Year:-14%
Return on Equity
10 Years:10%
5 Years:8%
3 Years:7%
Last Year:12%

Last Updated: September 5, 2025, 8:30 am

Balance Sheet

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital 20202020202020242424242424
Reserves 219242289304327363525568571574607678710
Borrowings 3584103412923072492321887849716269
Other Liabilities 357376389398397248274302217286297315374
Total Liabilities 9531,0481,0391,0131,0528801,0511,0838909331,0001,0801,177
Fixed Assets 546609602584600477549533487425399481499
CWIP 4632756340232510310972542
Investments 30301111030000000
Other Assets 331377361365411278476541401498505574636
Total Assets 9531,0481,0391,0131,0528801,0511,0838909331,0001,0801,177

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity + 181991631991311621781841259110895
Cash from Investing Activity + -139-96-42-81-79-64-11816-34-40-126-84
Cash from Financing Activity + -42-13-122-102-35-100-55-85-153-4414-28
Net Cash Flow -0-10-01518-25115-617-4-17
Free Cash Flow 4235811742951271168655-131
CFO/OP 117%69%106%104%82%126%105%105%105%98%97%68%

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-183.00-245.00-162.00-76.00-113.00-101.00-19.0034.0059.0054.0056.00125.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days 455751445247625647705650
Inventory Days 222933353639393641524849
Days Payable 746969687177686652816556
Cash Conversion Cycle -7171512178332637413843
Working Capital Days -16-17-19-8-8-205221352735
ROCE %21%17%16%16%14%12%17%17%7%4%9%16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 73.97%73.97%73.97%73.97%74.98%74.98%74.98%74.98%74.98%74.98%74.98%74.98%
FIIs 3.84%0.32%0.41%0.52%0.48%0.57%0.43%0.43%0.45%0.46%0.56%0.46%
DIIs 4.55%7.68%8.50%9.24%8.92%8.96%8.85%9.32%9.30%10.70%11.23%11.12%
Public 17.63%18.04%17.12%16.27%15.62%15.47%15.74%15.27%15.27%13.85%13.21%13.43%
No. of Shareholders 43,80141,94441,98341,80846,84046,12650,09249,20548,85848,88647,64446,296

Shareholding Pattern Chart

No. of Shareholders

JTEKT India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Small Cap Fund 21,133,584 0.44 289.1714,429,1322025-12-08 04:59:5446.46%
Baroda BNP Paribas Small Cap Fund 2,100,377 2.46 28.74N/AN/AN/A
ICICI Prudential Smallcap Fund 1,637,303 0.28 22.41,750,0002025-12-15 00:32:09-6.44%
Baroda BNP Paribas Mid Cap Fund 1,550,000 0.93 21.21N/AN/AN/A
Baroda BNP Paribas Value Fund 1,260,000 1.53 17.241,267,4222026-02-23 00:05:14-0.59%
Baroda BNP Paribas Manufacturing Fund 990,000 1.5 13.55992,2712026-02-23 00:05:14-0.23%
Baroda BNP Paribas Aggressive Hybrid Fund 810,000 0.89 11.08834,4402025-12-15 00:32:09-2.93%
Baroda BNP Paribas Innovation Fund 807,136 1.28 11.04N/AN/AN/A
Baroda BNP Paribas Business Cycle Fund 441,000 1.07 6.03447,4402025-12-15 00:32:09-1.44%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 3.331.510.481.242.98
Diluted EPS (Rs.) 3.331.510.481.242.98
Cash EPS (Rs.) 6.564.583.955.237.13
Book Value[Excl.RevalReserv]/Share (Rs.) 30.0127.0525.5425.4325.25
Book Value[Incl.RevalReserv]/Share (Rs.) 30.0127.0525.5425.4325.25
Revenue From Operations / Share (Rs.) 83.6064.9954.5261.7971.74
PBDIT / Share (Rs.) 7.995.634.425.969.54
PBIT / Share (Rs.) 5.002.731.032.165.62
PBT / Share (Rs.) 4.672.300.831.764.98
Net Profit / Share (Rs.) 3.561.680.551.443.20
NP After MI And SOA / Share (Rs.) 3.331.510.471.242.98
PBDIT Margin (%) 9.558.658.119.6413.30
PBIT Margin (%) 5.974.191.893.507.83
PBT Margin (%) 5.583.531.532.846.94
Net Profit Margin (%) 4.262.581.022.324.46
NP After MI And SOA Margin (%) 3.982.320.872.004.14
Return on Networth / Equity (%) 11.575.841.955.0812.26
Return on Capital Employeed (%) 15.689.373.848.0920.05
Return On Assets (%) 7.573.691.253.396.71
Long Term Debt / Equity (X) 0.040.050.020.020.08
Total Debt / Equity (X) 0.080.100.050.080.22
Asset Turnover Ratio (%) 2.061.711.521.601.70
Current Ratio (X) 1.841.681.731.641.33
Quick Ratio (X) 1.211.181.261.151.05
Inventory Turnover Ratio (X) 9.358.618.049.5411.48
Dividend Payout Ratio (NP) (%) 12.019.9372.9764.6325.58
Dividend Payout Ratio (CP) (%) 6.323.409.0315.8911.03
Earning Retention Ratio (%) 87.9990.0727.0335.3774.42
Cash Earning Retention Ratio (%) 93.6896.6090.9784.1188.97
Interest Coverage Ratio (X) 41.2436.8922.9014.6615.00
Interest Coverage Ratio (Post Tax) (X) 20.0813.843.904.546.03
Enterprise Value (Cr.) 2557.541830.072044.73995.252720.15
EV / Net Operating Revenue (X) 1.251.151.530.651.55
EV / EBITDA (X) 13.0913.3018.906.8311.66
MarketCap / Net Operating Revenue (X) 1.241.141.540.641.53
Retention Ratios (%) 87.9890.0627.0235.3674.41
Price / BV (X) 3.592.873.441.654.53
Price / Net Operating Revenue (X) 1.241.141.540.641.53
EarningsYield 0.030.020.010.030.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

JTEKT India Ltd. is a Public Limited Listed company incorporated on 14/06/1984 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L29113DL1984PLC018415 and registration number is 018415. 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. 2399.34 Cr. and Equity Capital is Rs. 25.43 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Auto Ancl - Gears & DriveUGF-6, Indra Prakash, New Delhi Delhi 110001Contact not found
Management
NamePosition Held
Mr. Minoru SugisawaChairman & Managing Director
Mr. Yosuke FujiwaraWhole Time Director
Mr. Rajiv ChananaDirector & CFO
Mr. Masahiko MorimotoIndependent Director
Mr. Hiroshi DaikokuIndependent Director
Mrs. Deepika GeraIndependent Director
Mrs. Hiroko NoseIndependent Director
Mr. Deepak ThukralNominee Director

FAQ

What is the intrinsic value of JTEKT India Ltd and is it undervalued?

As of 05 April 2026, JTEKT India Ltd's intrinsic value is ₹72.14, which is 42.29% lower than the current market price of ₹125.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (12.4 %), book value (₹27.5), dividend yield (0.56 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of JTEKT India Ltd?

JTEKT India Ltd is trading at ₹125.00 as of 05 April 2026, with a FY2026-2027 high of ₹189 and low of ₹107. The stock is currently near its 52-week low. Market cap stands at ₹3,477 Cr..

How does JTEKT India Ltd's P/E ratio compare to its industry?

JTEKT India Ltd has a P/E ratio of 44.3, which is above the industry average of 42.25. The premium over industry average may reflect growth expectations or speculative interest.

Is JTEKT India Ltd financially healthy?

Key indicators for JTEKT India Ltd: ROCE of 15.9 % indicates efficient capital utilization. Dividend yield is 0.56 %.

Is JTEKT India Ltd profitable and how is the profit trend?

JTEKT India Ltd reported a net profit of ₹87 Cr in Mar 2023 on revenue of ₹2,044 Cr. Compared to ₹35 Cr in Mar 2020, the net profit shows an improving trend.

Does JTEKT India Ltd pay dividends?

JTEKT India Ltd has a dividend yield of 0.56 % at the current price of ₹125.00. The company pays dividends, though the yield is modest.

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 JTEKT India 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
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