Jay Ushin Ltd
Incorporated in 1986, Jay Ushin Ltd manufactures, purchases and sells automobiles components[1]
- Market Cap ₹ 260 Cr.
- Current Price ₹ 674
- High / Low ₹ 1,602 / 663
- Stock P/E 14.4
- Book Value ₹ 353
- Dividend Yield 0.59 %
- ROCE 12.0 %
- ROE 12.7 %
- Face Value ₹ 10.0
Pros
Cons
- The company has delivered a poor sales growth of 10.9% over past five years.
- Tax rate seems low
- Company has a low return on equity of 12.1% over last 3 years.
- Earnings include an other income of Rs.14.7 Cr.
- Dividend payout has been low at 9.80% of profits over last 3 years
- Debtor days have increased from 36.8 to 46.5 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 647 | 688 | 788 | 860 | 855 | 663 | 577 | 657 | 734 | 726 | 855 | 969 | 1,032 | |
| 630 | 673 | 773 | 840 | 820 | 635 | 556 | 625 | 702 | 701 | 818 | 934 | 997 | |
| Operating Profit | 17 | 15 | 15 | 20 | 35 | 28 | 20 | 31 | 32 | 26 | 37 | 35 | 35 |
| OPM % | 2.7% | 2.2% | 1.9% | 2.4% | 4.1% | 4.3% | 3.5% | 4.8% | 4.4% | 3.5% | 4.3% | 3.6% | 3.4% |
| 8 | 19 | 16 | 14 | 10 | 10 | 13 | 15 | 15 | 15 | 14 | 14 | 15 | |
| Interest | 7 | 10 | 10 | 11 | 16 | 17 | 13 | 15 | 14 | 14 | 16 | 14 | 13 |
| Depreciation | 13 | 15 | 15 | 16 | 16 | 19 | 19 | 15 | 15 | 11 | 17 | 16 | 16 |
| Profit before tax | 5 | 8 | 6 | 8 | 13 | 2 | 1 | 16 | 18 | 16 | 17 | 19 | 20 |
| Tax % | 29% | 26% | 32% | -31% | 9% | -53% | 829% | 26% | 27% | 12% | 29% | 8% | |
| 4 | 6 | 4 | 11 | 12 | 3 | -4 | 12 | 13 | 14 | 12 | 18 | 18 | |
| EPS in Rs | 9.47 | 15.99 | 10.51 | 27.64 | 29.86 | 6.83 | -10.35 | 30.90 | 34.42 | 36.98 | 31.72 | 45.98 | 46.73 |
| Dividend Payout % | 21% | 16% | 19% | 11% | 10% | 0% | 0% | 10% | 9% | 8% | 13% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 11% |
| 3 Years: | 10% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 54% |
| 3 Years: | 9% |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 5% |
| 3 Years: | -4% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 13% |
| 3 Years: | 12% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 41 | 46 | 51 | 61 | 71 | 72 | 69 | 82 | 93 | 105 | 116 | 132 |
| 62 | 86 | 121 | 154 | 157 | 127 | 135 | 123 | 112 | 148 | 140 | 141 | |
| 170 | 189 | 169 | 165 | 143 | 181 | 143 | 134 | 151 | 106 | 141 | 151 | |
| Total Liabilities | 277 | 326 | 345 | 384 | 375 | 384 | 350 | 343 | 359 | 364 | 401 | 429 |
| 142 | 156 | 150 | 152 | 168 | 180 | 171 | 173 | 175 | 180 | 167 | 162 | |
| CWIP | 13 | 2 | 6 | 1 | 3 | 10 | 8 | 3 | 0 | 2 | 7 | 6 |
| Investments | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 122 | 167 | 188 | 230 | 204 | 195 | 170 | 167 | 184 | 181 | 227 | 259 | |
| Total Assets | 277 | 326 | 345 | 384 | 375 | 384 | 350 | 343 | 359 | 364 | 401 | 429 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 42 | -12 | -30 | -27 | 43 | 66 | 14 | 28 | 22 | -16 | 20 | 11 | |
| -26 | -0 | 2 | 4 | -24 | -29 | 3 | 2 | 3 | -5 | 5 | 2 | |
| -18 | 16 | 24 | 23 | -18 | -40 | -16 | -30 | -26 | 21 | -25 | -14 | |
| Net Cash Flow | -1 | 4 | -4 | -0 | 1 | -2 | 0 | -0 | -0 | -0 | 0 | 0 |
| Free Cash Flow | 12 | -19 | -43 | -37 | 10 | 30 | 5 | 17 | 10 | -13 | 12 | 2 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 252% | -69% | -196% | -109% | 136% | 234% | 82% | 92% | 81% | -57% | 61% | 52% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30 | 44 | 49 | 54 | 28 | 29 | 38 | 30 | 32 | 28 | 36 | 47 |
| Inventory Days | 32 | 38 | 33 | 36 | 47 | 64 | 55 | 56 | 56 | 50 | 53 | 46 |
| Days Payable | 87 | 91 | 68 | 62 | 53 | 76 | 61 | 59 | 62 | 41 | 52 | 50 |
| Cash Conversion Cycle | -24 | -9 | 13 | 28 | 22 | 17 | 32 | 26 | 26 | 37 | 37 | 42 |
| Working Capital Days | -48 | -40 | -29 | -12 | -19 | -31 | -29 | -26 | -15 | -11 | -5 | 12 |
| ROCE % | 14% | 11% | 10% | 9% | 12% | 8% | 7% | 14% | 15% | 13% | 13% | 12% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of manufacturing plants count |
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| Capex (PPE and intangible assets additions) INR crore |
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| Number of customers with >10% revenue share count |
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| Door latches and components revenue share % of revenue |
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| Lock sets and components revenue share % of revenue |
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| Switches revenue share % of revenue |
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| Top 5 customer concentration % of sales |
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| Order book INR crore |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) dematerialization certificate for quarter ended September 30, 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Shareholder Meeting / Postal Ballot-Outcome of AGM
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Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 and half-year results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication dated September 6, 2026 with regards to the Publication of Notice of 40th Annual General Meeting published in the "Financial Expres" (English Newspaper) …
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Business Overview:[1]
JUL is a joint venture between JPM group and Ushin Limited (Japan) to carry business of auto components manufacturing. Ushin Limited provides technical assistance to the JV while JUL pays royalty and fees for technical know-how. Company is a Tier-1 supplier to major 4-wheeler and 2-wheeler OEMs