Jamna Auto Industries Ltd

Jamna Auto Industries Ltd

₹ 101 0.63%
05 Jun 4:01 p.m.
About

Jamna Auto Industries Ltd is India's market leader in automotive suspension solutions. The company is involved in manufacturing and selling of Tapered leaf, parabolic springs and lift axles.[1]

Key Points

Product Portfolio
The company's product portfolio includes leaf springs, parabolic springs, life axles, air suspension, trailer suspension, stabilizer bar, Z-springs, spring allied components, lift allied components, etc.[1]
The company derives most of its revenues from a single product category i.e. leaf springs that are commoditised in nature.[2]

  • Market Cap 4,027 Cr.
  • Current Price 101
  • High / Low 136 / 94.2
  • Stock P/E 25.5
  • Book Value 19.4
  • Dividend Yield 1.46 %
  • ROCE 25.7 %
  • ROE 21.7 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 37.5%
  • Company's working capital requirements have reduced from 57.0 days to 32.4 days

Cons

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
211 63 184 333 472 290 328 437 594 535 531 560 605
186 70 168 285 402 258 288 382 515 480 478 504 530
Operating Profit 25 -7 16 48 70 33 40 55 79 55 52 57 75
OPM % 12% -11% 9% 14% 15% 11% 12% 12% 13% 10% 10% 10% 12%
5 1 5 3 5 2 2 0 1 2 7 1 3
Interest 3 2 1 1 1 1 0 0 1 0 0 0 -0
Depreciation 9 7 8 9 9 8 9 8 10 10 10 9 10
Profit before tax 18 -15 13 41 64 26 33 46 69 47 49 48 69
Tax % 39% 22% 27% 25% 25% 25% 26% 26% 25% 26% 26% 26% 26%
Net Profit 11 -12 9 31 49 19 25 34 52 35 36 36 51
EPS in Rs 0.28 -0.30 0.24 0.77 1.22 0.49 0.62 0.86 1.31 0.87 0.91 0.89 1.28
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
967 840 716 979 1,092 1,082 1,609 2,046 1,059 1,053 1,649 2,232
893 782 707 918 981 934 1,417 1,811 958 924 1,442 1,992
Operating Profit 74 59 9 62 110 148 192 234 101 129 207 239
OPM % 8% 7% 1% 6% 10% 14% 12% 11% 10% 12% 13% 11%
25 25 50 24 41 42 41 38 22 15 6 12
Interest 16 22 21 17 14 13 18 25 15 7 4 -0
Depreciation 32 28 25 29 44 46 39 44 39 34 35 38
Profit before tax 52 34 13 40 93 131 175 203 69 103 175 213
Tax % 17% 13% -8% 26% 23% 21% 28% 31% 30% 25% 25% 26%
Net Profit 43 29 14 29 72 104 125 140 48 77 130 158
EPS in Rs 1.09 0.74 0.36 0.74 1.82 2.61 3.15 3.51 1.20 1.93 3.27 3.96
Dividend Payout % 32% 27% 28% 30% 30% 27% 27% 27% 33% 39% 46% 28%
Compounded Sales Growth
10 Years: 10%
5 Years: 7%
3 Years: 28%
TTM: 35%
Compounded Profit Growth
10 Years: 18%
5 Years: 5%
3 Years: 49%
TTM: 21%
Stock Price CAGR
10 Years: 27%
5 Years: 3%
3 Years: 47%
1 Year: -11%
Return on Equity
10 Years: 21%
5 Years: 19%
3 Years: 19%
Last Year: 22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
43 43 41 40 40 40 40 40 40 40 40 40
Reserves 114 134 143 159 206 295 387 475 482 549 643 732
156 133 106 64 15 71 60 2 139 122 174 24
262 238 213 210 207 127 247 443 116 278 295 238
Total Liabilities 571 544 501 473 468 533 734 959 777 989 1,152 1,034
178 257 251 234 203 267 272 335 323 306 379 360
CWIP 83 9 1 7 56 8 31 39 127 128 38 42
Investments 22 22 21 21 15 26 13 19 38 49 75 78
288 256 229 211 194 232 418 565 288 506 660 554
Total Assets 571 544 501 473 468 533 734 959 777 989 1,152 1,034

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
49 50 31 54 89 42 82 261 5 87 5
-53 -5 24 1 -25 -43 -20 -115 -96 -19 -30
2 -46 -52 -59 -65 4 -60 -134 72 -34 9
Net Cash Flow -2 -1 3 -4 0 3 1 12 -18 35 -15

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 40 42 53 26 20 16 40 41 27 66 60 12
Inventory Days 58 70 56 44 42 49 52 54 67 109 100 75
Days Payable 115 129 134 92 62 36 55 91 20 99 64 33
Cash Conversion Cycle -17 -16 -25 -22 -1 30 36 5 74 77 96 54
Working Capital Days -15 -17 -18 -21 -16 18 31 10 47 62 76 32
ROCE % 25% 18% 6% 21% 41% 43% 43% 45% 14% 16% 23% 26%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
49.37 50.00 50.00 50.00 50.00 50.00 50.00 49.98 49.98 49.98 49.98 49.96
6.77 6.34 6.53 6.74 7.37 7.36 6.70 5.55 6.63 7.08 6.47 6.24
5.30 5.68 7.86 8.77 9.90 11.56 12.87 13.55 13.83 13.38 14.45 15.13
38.56 37.97 35.61 34.49 32.73 31.08 30.43 30.92 29.56 29.57 29.10 28.67

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls