Jullundur Motor Agency (Delhi) Ltd
Incorporated in 1998, Jullundur Motor Agency (Delhi) Ltd is in the business of distribution of auto spare parts[1]
- Market Cap ₹ 204 Cr.
- Current Price ₹ 89.3
- High / Low ₹ 104 / 70.2
- Stock P/E 7.70
- Book Value ₹ 102
- Dividend Yield 2.24 %
- ROCE 14.4 %
- ROE 11.0 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is trading at 0.87 times its book value
- Company has been maintaining a healthy dividend payout of 24.1%
Cons
- The company has delivered a poor sales growth of 8.34% over past five years.
- Company has a low return on equity of 10.7% 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 381 | 385 | 380 | 321 | 327 | 304 | 323 | 361 | 409 | 423 | 432 | 481 | 500 | |
| 364 | 369 | 362 | 306 | 310 | 291 | 301 | 337 | 383 | 400 | 411 | 458 | 473 | |
| Operating Profit | 18 | 16 | 17 | 15 | 17 | 13 | 22 | 24 | 26 | 22 | 21 | 24 | 27 |
| OPM % | 4.7% | 4.2% | 4.6% | 4.7% | 5% | 4.2% | 7% | 7% | 6% | 5% | 4.8% | 4.9% | 5% |
| 5 | 4 | 4 | 4 | 5 | 5 | 6 | 5 | 6 | 6 | 7 | 9 | 9 | |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 21 | 19 | 20 | 18 | 21 | 17 | 27 | 28 | 30 | 28 | 27 | 32 | 35 |
| Tax % | 31% | 34% | 35% | 35% | 35% | 26% | 26% | 25% | 25% | 24% | 26% | 24% | |
| 15 | 12 | 13 | 12 | 13 | 13 | 20 | 21 | 23 | 21 | 20 | 25 | 26 | |
| EPS in Rs | 4.88 | 4.19 | 4.39 | 4.02 | 4.51 | 4.26 | 8.92 | 9.30 | 9.98 | 9.15 | 8.91 | 10.73 | 11.60 |
| Dividend Payout % | 16% | 19% | 18% | 20% | 18% | 23% | 22% | 22% | 20% | 22% | 22% | 28% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 8% |
| 3 Years: | 6% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 4% |
| 3 Years: | 3% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 8% |
| 3 Years: | 5% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 11% |
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 | 6 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 101 | 110 | 121 | 133 | 140 | 151 | 139 | 156 | 175 | 192 | 208 | 229 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 61 | 61 | 62 | 68 | 74 | 63 | 66 | 73 | 74 | 80 | 74 | 61 | |
| Total Liabilities | 167 | 177 | 189 | 207 | 220 | 220 | 210 | 234 | 253 | 277 | 287 | 294 |
| 10 | 12 | 11 | 11 | 10 | 12 | 11 | 11 | 14 | 14 | 14 | 14 | |
| CWIP | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 4 | 14 | 17 | 22 | 15 | 16 | 15 | 15 | 17 | 17 | 19 |
| 152 | 161 | 163 | 179 | 189 | 192 | 183 | 208 | 223 | 246 | 256 | 262 | |
| Total Assets | 167 | 177 | 189 | 207 | 220 | 220 | 210 | 234 | 253 | 277 | 287 | 294 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 7 | -5 | -5 | 7 | 7 | 20 | 11 | 3 | 12 | -2 | 10 | |
| 21 | 2 | 6 | 4 | -2 | -2 | 10 | -2 | 0 | -8 | -1 | -4 | |
| -13 | -3 | -3 | 0 | -6 | 0 | -35 | -5 | -5 | -5 | -5 | -5 | |
| Net Cash Flow | 14 | 6 | -2 | -1 | -1 | 5 | -4 | 4 | -1 | 0 | -7 | 2 |
| Free Cash Flow | 3 | 5 | -6 | -5 | 7 | 3 | 21 | 11 | -1 | 12 | -2 | 10 |
| CFO/OP | 74% | 84% | 9% | 7% | 85% | 104% | 126% | 72% | 38% | 89% | 25% | 76% |
Ratios
Standalone / 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 | 50 | 47 | 52 | 62 | 66 | 57 | 57 | 61 | 57 | 58 | 58 | 50 |
| Inventory Days | 54 | 58 | 55 | 69 | 74 | 79 | 70 | 67 | 72 | 75 | 81 | 69 |
| Days Payable | 54 | 53 | 56 | 79 | 85 | 76 | 80 | 77 | 69 | 74 | 67 | 47 |
| Cash Conversion Cycle | 50 | 51 | 51 | 53 | 55 | 59 | 48 | 51 | 60 | 59 | 72 | 72 |
| Working Capital Days | 45 | 47 | 55 | 73 | 76 | 103 | 114 | 104 | 98 | 125 | 136 | 99 |
| ROCE % | 19% | 17% | 17% | 14% | 14% | 11% | 18% | 18% | 18% | 15% | 13% | 14% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| JMA Marketing Limited share of consolidated revenue % |
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| Number of branches count |
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| Number of employees count |
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| Revenue per branch (standalone) INR Lakhs per branch |
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| Revenue per employee (standalone) INR Lakhs per employee |
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Extracted by Screener AI
Documents
Announcements
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Trading Window
- Trading window closes from 1 October 2026 until 48 hours after Q2 FY27 results.
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Copy of Newspaper Publication
- Published notice on special window till February 4, 2027 for transfer and demat requests of pre-April 1, 2019 physical securities.
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Shareholders meeting
- 77th AGM held on 25 Aug 2026; dividend, director reappointments, and Varoon Malik's appointment approved.
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Appointment
- 77th AGM on 25 Aug 2026 approved dividend, financials, and appointed Varoon Malik as Managing Director.
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Copy of Newspaper Publication
- Published unaudited standalone and consolidated Q1 results for June 30, 2026 in Financial Express and Jansatta.
Annual reports
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Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
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Annual Report 2022
from nse
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Annual Report 2021
from nse
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Annual Report 2020
from nse
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Annual Report 2019
from nse
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Annual Report 2018
from nse
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Annual Report 2017
from nse
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Annual Report 2016
from nse
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Annual Report 2015
from nse
Business Overview:
Jullundur Motor Agency (Delhi) Ltd is a pan-India distributor of replacement automobile parts and accessories, with roots in this business since 1927. Most suppliers are original-equipment manufacturers that also supply vehicle makers. JMA buys finished parts from manufacturers and distributes them through its branch network into the Indian automotive replacement market, serving commercial and passenger vehicles. It is a trading and distribution company.[1]