Jay Bharat Maruti Ltd

Jay Bharat Maruti Ltd

₹ 88.5 7.85%
12 Dec - close price
About

Incorporated in 1987, Jay Bharat Maruti manufactures automobile components and assemblies[1]

Key Points

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

  • Market Cap 958 Cr.
  • Current Price 88.5
  • High / Low 112 / 55.3
  • Stock P/E 14.8
  • Book Value 55.3
  • Dividend Yield 0.79 %
  • ROCE 7.87 %
  • ROE 5.61 %
  • 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 6.34% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
581 536 673 533 613 548 598 533 555 591 611 557 583
537 496 622 496 568 507 555 496 521 555 553 491 521
Operating Profit 43 40 51 37 45 41 43 38 34 35 58 66 61
OPM % 7% 7% 8% 7% 7% 7% 7% 7% 6% 6% 9% 12% 11%
1 0 0 1 0 1 2 0 1 1 1 0 1
Interest 10 9 10 9 10 11 9 9 9 9 8 9 10
Depreciation 20 20 20 21 21 21 21 21 21 21 21 21 24
Profit before tax 14 11 22 7 14 10 15 8 5 6 29 36 28
Tax % 36% 37% 35% 33% 36% 35% 27% 34% 34% 34% 33% 35% 36%
9 7 14 5 9 6 11 5 3 4 20 23 18
EPS in Rs 0.82 0.61 1.30 0.47 0.80 0.60 1.03 0.50 0.28 0.36 1.81 2.13 1.67
Raw PDF

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 TTM
1,212 1,294 1,302 1,527 1,730 1,994 1,658 1,499 2,078 2,344 2,292 2,290 2,341
1,105 1,189 1,185 1,394 1,575 1,819 1,517 1,363 1,928 2,171 2,126 2,125 2,121
Operating Profit 106 105 117 133 156 175 141 136 150 173 167 165 220
OPM % 9% 8% 9% 9% 9% 9% 9% 9% 7% 7% 7% 7% 9%
-12 7 4 1 4 3 2 4 0 1 4 3 3
Interest 22 21 22 18 20 34 38 33 33 37 40 36 37
Depreciation 46 38 39 41 49 61 63 66 75 80 84 84 88
Profit before tax 27 53 60 75 90 82 42 42 42 58 46 47 99
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 65
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 5.97
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: 5%
Compounded Profit Growth
10 Years: -2%
5 Years: 2%
3 Years: 4%
TTM: 149%
Stock Price CAGR
10 Years: 12%
5 Years: 12%
3 Years: 10%
1 Year: -1%
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 Sep 2025
Equity Capital 11 11 11 11 11 11 11 11 22 22 22 22 22
Reserves 161 196 242 294 349 393 412 439 452 485 515 538 577
212 159 134 255 298 404 445 369 380 336 440 540 616
200 257 242 267 377 398 339 414 473 456 577 569 611
Total Liabilities 584 623 629 827 1,035 1,206 1,207 1,233 1,326 1,298 1,553 1,668 1,825
374 399 398 452 632 832 817 860 856 881 906 922 1,200
CWIP 23 1 8 64 93 51 143 83 62 23 162 308 64
Investments 2 2 8 12 15 17 21 24 26 26 32 34 40
185 221 214 300 295 305 226 266 382 368 453 404 522
Total Assets 584 623 629 827 1,035 1,206 1,207 1,233 1,326 1,298 1,553 1,668 1,825

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 -39 -30 -21 -20 -27 -29 -45 -54 -39 -28 -40 -38
ROCE % 16% 18% 21% 20% 18% 16% 10% 9% 9% 11% 9% 8%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35%
3.42% 3.40% 3.55% 3.71% 3.63% 2.61% 0.83% 0.83% 0.83% 0.86% 0.84% 0.98%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
37.19% 37.24% 37.07% 36.92% 36.99% 38.02% 39.80% 39.80% 39.81% 39.76% 39.79% 39.64%
No. of Shareholders 21,96521,46221,17821,62223,52833,02535,82838,27941,10740,53140,05438,317

* 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.

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