Jay Bharat Maruti Ltd

Jay Bharat Maruti Ltd

₹ 128 1.08%
05 Jun - 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 1,385 Cr.
  • Current Price 128
  • High / Low 133 / 70.9
  • Stock P/E 10.0
  • Book Value 63.8
  • Dividend Yield 0.55 %
  • ROCE 16.4 %
  • ROE 22.1 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 39.4% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 17.8%

Cons

  • The company has delivered a poor sales growth of 11.2% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 11.8% over last 3 years.

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
673 533 613 548 598 533 555 591 611 557 583 645 766
622 496 568 507 555 496 521 555 553 491 521 581 675
Operating Profit 51 37 45 41 43 38 34 35 58 66 61 64 91
OPM % 8% 7% 7% 7% 7% 7% 6% 6% 9% 12% 11% 10% 12%
0 1 0 1 2 0 1 1 1 0 1 1 1
Interest 10 9 10 11 9 9 9 9 8 9 10 13 12
Depreciation 20 21 21 21 21 21 21 21 21 21 24 25 25
Profit before tax 22 7 14 10 15 8 5 6 29 36 28 28 55
Tax % 35% 33% 36% 35% 27% 34% 34% 34% 33% 35% 36% 36% -43%
14 5 9 6 11 5 3 4 20 23 18 18 79
EPS in Rs 1.30 0.47 0.80 0.60 1.03 0.50 0.28 0.36 1.81 2.13 1.67 1.65 7.28
Raw PDF

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
1,294 1,302 1,527 1,730 1,994 1,658 1,499 2,078 2,344 2,292 2,290 2,551
1,189 1,185 1,394 1,575 1,819 1,517 1,363 1,928 2,171 2,126 2,125 2,268
Operating Profit 105 117 133 156 175 141 136 150 173 167 165 283
OPM % 8% 9% 9% 9% 9% 9% 9% 7% 7% 7% 7% 11%
7 4 1 4 3 2 4 0 1 4 3 3
Interest 21 22 18 20 34 38 33 33 37 40 36 44
Depreciation 38 39 41 49 61 63 66 75 80 84 84 95
Profit before tax 53 60 75 90 82 42 42 42 58 46 47 147
Tax % 25% 33% 28% 35% 36% 34% 37% 35% 35% 32% 33% 6%
40 40 54 59 52 28 26 27 37 31 32 138
EPS in Rs 3.70 3.68 4.97 5.44 4.82 2.59 2.41 2.54 3.45 2.90 2.94 12.74
Dividend Payout % 11% 11% 10% 9% 10% 10% 10% 20% 20% 24% 24% 6%
Compounded Sales Growth
10 Years: 7%
5 Years: 11%
3 Years: 3%
TTM: 11%
Compounded Profit Growth
10 Years: 14%
5 Years: 39%
3 Years: 55%
TTM: 349%
Stock Price CAGR
10 Years: 16%
5 Years: 7%
3 Years: 19%
1 Year: 64%
Return on Equity
10 Years: 11%
5 Years: 10%
3 Years: 12%
Last Year: 22%

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 11 11 11 11 11 11 11 22 22 22 22 22
Reserves 196 242 294 349 393 412 439 452 485 515 538 669
159 134 255 298 404 445 369 380 336 440 540 531
257 242 267 377 398 339 414 473 456 577 569 604
Total Liabilities 623 629 827 1,035 1,206 1,207 1,233 1,326 1,298 1,553 1,668 1,826
399 398 452 632 832 817 860 856 881 906 922 1,173
CWIP 1 8 64 93 51 143 83 62 23 162 308 110
Investments 2 8 12 15 17 21 24 26 26 32 34 36
221 214 300 295 305 226 266 382 368 453 404 507
Total Assets 623 629 827 1,035 1,206 1,207 1,233 1,326 1,298 1,553 1,668 1,826

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
88 95 58 209 128 154 163 106 154 188 199 197
-21 -53 -160 -226 -195 -144 -50 -76 -65 -140 -265 -132
-67 -42 103 17 66 -10 -113 -29 -87 -51 65 -62
Net Cash Flow 0 1 0 0 -1 1 1 1 3 -4 -1 4
Free Cash Flow 67 42 -103 -17 -64 16 112 29 88 44 -63 63
CFO/OP 93% 95% 55% 152% 89% 123% 126% 91% 98% 100% 122% 74%

Ratios

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
Debtor Days 12 10 32 6 14 11 15 16 13 20 14 17
Inventory Days 45 49 35 56 40 35 49 47 40 55 51 52
Days Payable 57 52 56 50 49 47 66 60 51 68 65 57
Cash Conversion Cycle -0 7 11 12 5 -1 -2 3 2 7 0 12
Working Capital Days -30 -21 -20 -27 -29 -45 -54 -39 -28 -40 -38 -13
ROCE % 18% 21% 20% 18% 16% 10% 9% 9% 11% 9% 8% 16%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Depreciation on Fixed Assets (Capacity Proxy)
INR Lacs

Log in to view insights

Please log in to see hidden values.

Login
Gross Block (Property, Plant and Equipment)
INR Lacs
Capital Work-in-Progress
INR Lakhs
Number of Operational Plants
Number
Revenue Mix - Domestic OEM Supplies
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

14 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35% 59.35%
3.55% 3.71% 3.63% 2.61% 0.83% 0.83% 0.83% 0.86% 0.84% 0.98% 0.90% 1.33%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
37.07% 36.92% 36.99% 38.02% 39.80% 39.80% 39.81% 39.76% 39.79% 39.64% 39.71% 39.31%
No. of Shareholders 21,17821,62223,52833,02535,82838,27941,10740,53140,05438,31737,34036,318

* 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