Jay Bharat Maruti Ltd
Incorporated in 1987, Jay Bharat Maruti manufactures automobile components and assemblies[1]
- Market Cap ₹ 853 Cr.
- Current Price ₹ 78.8
- High / Low ₹ 125 / 55.3
- Stock P/E 26.8
- Book Value ₹ 51.7
- Dividend Yield 0.89 %
- ROCE 8.03 %
- ROE 5.81 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 22.8%
Cons
- The company has delivered a poor sales growth of 6.68% over past five years.
- Company has a low return on equity of 6.41% over last 3 years.
- Company might be capitalizing the interest cost
* 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.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,212 | 1,294 | 1,302 | 1,527 | 1,730 | 1,994 | 1,658 | 1,499 | 2,078 | 2,344 | 2,292 | 2,290 | |
1,105 | 1,189 | 1,185 | 1,394 | 1,575 | 1,819 | 1,517 | 1,363 | 1,928 | 2,171 | 2,126 | 2,125 | |
Operating Profit | 106 | 105 | 117 | 133 | 156 | 175 | 141 | 136 | 150 | 173 | 167 | 165 |
OPM % | 9% | 8% | 9% | 9% | 9% | 9% | 9% | 9% | 7% | 7% | 7% | 7% |
-12 | 7 | 4 | 1 | 4 | 3 | 2 | 4 | 0 | 1 | 4 | 3 | |
Interest | 22 | 21 | 22 | 18 | 20 | 34 | 38 | 33 | 33 | 37 | 40 | 36 |
Depreciation | 46 | 38 | 39 | 41 | 49 | 61 | 63 | 66 | 75 | 80 | 84 | 84 |
Profit before tax | 27 | 53 | 60 | 75 | 90 | 82 | 42 | 42 | 42 | 58 | 46 | 47 |
Tax % | 40% | 25% | 33% | 28% | 35% | 36% | 34% | 37% | 35% | 35% | 32% | 33% |
17 | 40 | 40 | 54 | 59 | 52 | 28 | 26 | 27 | 37 | 31 | 32 | |
EPS in Rs | 1.53 | 3.70 | 3.68 | 4.97 | 5.44 | 4.82 | 2.59 | 2.41 | 2.54 | 3.45 | 2.90 | 2.94 |
Dividend Payout % | 16% | 11% | 11% | 10% | 9% | 10% | 10% | 10% | 20% | 20% | 24% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 3% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | -1% |
5 Years: | 3% |
3 Years: | 5% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 24% |
3 Years: | 14% |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 22 | 22 | 22 | 22 |
Reserves | 161 | 196 | 242 | 294 | 349 | 393 | 412 | 439 | 452 | 485 | 515 | 538 |
212 | 159 | 134 | 255 | 298 | 404 | 445 | 369 | 380 | 336 | 440 | 540 | |
200 | 257 | 242 | 267 | 377 | 398 | 339 | 414 | 473 | 456 | 577 | 569 | |
Total Liabilities | 584 | 623 | 629 | 827 | 1,035 | 1,206 | 1,207 | 1,233 | 1,326 | 1,298 | 1,553 | 1,668 |
374 | 399 | 398 | 452 | 632 | 832 | 817 | 860 | 856 | 881 | 906 | 922 | |
CWIP | 23 | 1 | 8 | 64 | 93 | 51 | 143 | 83 | 62 | 23 | 162 | 308 |
Investments | 2 | 2 | 8 | 12 | 15 | 17 | 21 | 24 | 26 | 26 | 32 | 34 |
185 | 221 | 214 | 300 | 295 | 305 | 226 | 266 | 382 | 368 | 453 | 404 | |
Total Assets | 584 | 623 | 629 | 827 | 1,035 | 1,206 | 1,207 | 1,233 | 1,326 | 1,298 | 1,553 | 1,668 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
107 | 88 | 95 | 58 | 209 | 128 | 154 | 163 | 106 | 154 | 188 | 199 | |
-76 | -21 | -53 | -160 | -226 | -195 | -144 | -50 | -76 | -65 | -140 | -265 | |
-32 | -67 | -42 | 103 | 17 | 66 | -10 | -113 | -29 | -87 | -51 | 65 | |
Net Cash Flow | -2 | 0 | 1 | 0 | 0 | -1 | 1 | 1 | 1 | 3 | -4 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 9 | 12 | 10 | 32 | 6 | 14 | 11 | 15 | 16 | 13 | 20 | 14 |
Inventory Days | 38 | 45 | 49 | 35 | 56 | 40 | 35 | 49 | 47 | 40 | 55 | 51 |
Days Payable | 49 | 57 | 52 | 56 | 50 | 49 | 47 | 66 | 60 | 51 | 68 | 65 |
Cash Conversion Cycle | -2 | -0 | 7 | 11 | 12 | 5 | -1 | -2 | 3 | 2 | 7 | 0 |
Working Capital Days | -27 | -20 | -10 | 8 | -16 | -15 | -20 | -21 | -9 | 1 | -4 | -9 |
ROCE % | 16% | 18% | 21% | 20% | 18% | 16% | 10% | 9% | 9% | 11% | 9% | 8% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
22h - Jay Bharat Maruti Ltd announces audited Q4 and FY25 results and 35% dividend declaration.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
1d - Audited FY25 results approved; final dividend 35%; lease with Maruti Suzuki for 15 years; JV stake increased to 49%.
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - Appointment of M/s Sahni Natarajan and Bahl as internal auditor for FY 2025-26.
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - Appointment of Ms. Sunita Mathur as Secretarial Auditor for five years from FY 2025-26.
- Corporate Action-Board approves Dividend 1d
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
Jan 2022TranscriptNotesPPT
Business Overview:[1][2]
JBML was formed as a JV between Arya Family and Maruti Suzuki India Ltd. It is a key supplier of sheet metal-based body-in-white (BIW) components, rear axle assemblies and fuel necks & assemblies, to Maruti Suzuki India Limited, for its entire model range. It also does designing and developing dies and moulds, automotive machines and equipment