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 25.9
- Book Value ₹ 52.0
- Dividend Yield 0.89 %
- ROCE 8.16 %
- ROE 5.98 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 22.2%
Cons
- The company has delivered a poor sales growth of 6.68% over past five years.
- Company has a low return on equity of 6.55% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
1,994 | 1,658 | 1,499 | 2,078 | 2,344 | 2,292 | 2,290 | |
1,820 | 1,517 | 1,363 | 1,928 | 2,171 | 2,126 | 2,125 | |
Operating Profit | 174 | 141 | 136 | 150 | 173 | 167 | 165 |
OPM % | 9% | 9% | 9% | 7% | 7% | 7% | 7% |
3 | 2 | 5 | 1 | 2 | 5 | 4 | |
Interest | 34 | 38 | 33 | 33 | 37 | 40 | 36 |
Depreciation | 61 | 63 | 66 | 75 | 80 | 84 | 84 |
Profit before tax | 82 | 42 | 42 | 43 | 58 | 48 | 49 |
Tax % | 36% | 33% | 37% | 35% | 35% | 32% | 33% |
52 | 28 | 26 | 28 | 38 | 32 | 33 | |
EPS in Rs | 4.81 | 2.61 | 2.42 | 2.60 | 3.50 | 2.98 | 3.04 |
Dividend Payout % | 10% | 10% | 10% | 19% | 20% | 24% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 3% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 5% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 24% |
3 Years: | 14% |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 22 | 22 | 22 | 22 |
Reserves | 393 | 412 | 439 | 453 | 486 | 517 | 541 |
404 | 445 | 369 | 380 | 336 | 440 | 540 | |
398 | 339 | 414 | 473 | 456 | 577 | 569 | |
Total Liabilities | 1,205 | 1,207 | 1,233 | 1,327 | 1,299 | 1,556 | 1,672 |
832 | 817 | 860 | 856 | 881 | 906 | 922 | |
CWIP | 51 | 143 | 83 | 62 | 23 | 162 | 308 |
Investments | 17 | 21 | 24 | 26 | 27 | 34 | 38 |
305 | 226 | 266 | 382 | 368 | 453 | 404 | |
Total Assets | 1,205 | 1,207 | 1,233 | 1,327 | 1,299 | 1,556 | 1,672 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
128 | 154 | 163 | 106 | 154 | 188 | 199 | |
-195 | -144 | -50 | -76 | -65 | -140 | -265 | |
66 | -10 | -113 | -29 | -87 | -51 | 65 | |
Net Cash Flow | -1 | 1 | 1 | 1 | 3 | -4 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 14 | 11 | 15 | 16 | 13 | 20 | 14 |
Inventory Days | 40 | 35 | 49 | 47 | 40 | 55 | 51 |
Days Payable | 49 | 47 | 66 | 60 | 51 | 68 | 65 |
Cash Conversion Cycle | 5 | -1 | -2 | 3 | 2 | 7 | 0 |
Working Capital Days | -15 | -20 | -21 | -9 | 1 | -4 | -9 |
ROCE % | 10% | 9% | 9% | 11% | 10% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Jay Bharat Maruti Ltd announces audited Q4 and FY25 results and 35% dividend declaration.
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Announcement under Regulation 30 (LODR)-Dividend Updates
2d - Audited FY25 results approved; final dividend 35%; lease with Maruti Suzuki for 15 years; JV stake increased to 49%.
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Announcement under Regulation 30 (LODR)-Change in Management
2d - Appointment of M/s Sahni Natarajan and Bahl as internal auditor for FY 2025-26.
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Announcement under Regulation 30 (LODR)-Change in Management
2d - Appointment of Ms. Sunita Mathur as Secretarial Auditor for five years from FY 2025-26.
- Corporate Action-Board approves Dividend 2d
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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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