Jay Ushin Ltd
Incorporated in 1986, Jay Ushin Ltd manufactures, purchases and sells automobiles components[1]
- Market Cap ₹ 487 Cr.
- Current Price ₹ 1,261
- High / Low ₹ 1,261 / 530
- Stock P/E 34.2
- Book Value ₹ 311
- Dividend Yield 0.32 %
- ROCE 12.8 %
- ROE 10.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.06 times its book value
- The company has delivered a poor sales growth of 5.22% over past five years.
- Company has a low return on equity of 12.5% over last 3 years.
- Earnings include an other income of Rs.13.8 Cr.
* 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 578 | 647 | 688 | 788 | 860 | 855 | 663 | 577 | 657 | 734 | 726 | 855 | 874 | |
| 560 | 630 | 673 | 773 | 840 | 820 | 635 | 556 | 625 | 702 | 701 | 818 | 836 | |
| Operating Profit | 18 | 17 | 15 | 15 | 20 | 35 | 28 | 20 | 31 | 32 | 26 | 37 | 38 | 
| OPM % | 3% | 3% | 2% | 2% | 2% | 4% | 4% | 4% | 5% | 4% | 4% | 4% | 4% | 
| 9 | 8 | 19 | 16 | 14 | 10 | 10 | 13 | 15 | 15 | 15 | 14 | 14 | |
| Interest | 8 | 7 | 10 | 10 | 11 | 16 | 17 | 13 | 15 | 14 | 14 | 16 | 16 | 
| Depreciation | 12 | 13 | 15 | 15 | 16 | 16 | 19 | 19 | 15 | 15 | 11 | 17 | 17 | 
| Profit before tax | 8 | 5 | 8 | 6 | 8 | 13 | 2 | 1 | 16 | 18 | 16 | 17 | 19 | 
| Tax % | 17% | 29% | 26% | 32% | -31% | 9% | -53% | 829% | 26% | 27% | 12% | 29% | |
| 7 | 4 | 6 | 4 | 11 | 12 | 3 | -4 | 12 | 13 | 14 | 12 | 14 | |
| EPS in Rs | 17.16 | 9.47 | 15.99 | 10.51 | 27.64 | 29.86 | 6.83 | -10.35 | 30.90 | 34.42 | 36.98 | 31.72 | 36.85 | 
| Dividend Payout % | 15% | 21% | 16% | 19% | 11% | 10% | 0% | 0% | 10% | 9% | 8% | 13% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% | 
| 5 Years: | 5% | 
| 3 Years: | 9% | 
| TTM: | 15% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% | 
| 5 Years: | 46% | 
| 3 Years: | 2% | 
| TTM: | 0% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% | 
| 5 Years: | 24% | 
| 3 Years: | 34% | 
| 1 Year: | 82% | 
| Return on Equity | |
|---|---|
| 10 Years: | 10% | 
| 5 Years: | 10% | 
| 3 Years: | 12% | 
| Last Year: | 10% | 
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 
| Reserves | 39 | 41 | 46 | 51 | 61 | 71 | 72 | 69 | 82 | 93 | 105 | 116 | 
| 72 | 62 | 86 | 121 | 154 | 157 | 127 | 135 | 123 | 112 | 148 | 140 | |
| 152 | 170 | 189 | 169 | 165 | 143 | 181 | 143 | 134 | 151 | 106 | 141 | |
| Total Liabilities | 266 | 277 | 326 | 345 | 384 | 375 | 384 | 350 | 343 | 359 | 364 | 401 | 
| 116 | 142 | 156 | 150 | 152 | 168 | 180 | 171 | 173 | 175 | 180 | 167 | |
| CWIP | 15 | 13 | 2 | 6 | 1 | 3 | 10 | 8 | 3 | 0 | 2 | 7 | 
| Investments | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 
| 136 | 122 | 167 | 188 | 230 | 204 | 195 | 170 | 167 | 184 | 181 | 227 | |
| Total Assets | 266 | 277 | 326 | 345 | 384 | 375 | 384 | 350 | 343 | 359 | 364 | 401 | 
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 40 | 42 | -12 | -30 | -27 | 43 | 66 | 14 | 28 | 22 | -16 | 20 | |
| -20 | -26 | -0 | 2 | 4 | -24 | -29 | 3 | 2 | 3 | -5 | 5 | |
| -23 | -18 | 16 | 24 | 23 | -18 | -40 | -16 | -30 | -26 | 21 | -25 | |
| Net Cash Flow | -3 | -1 | 4 | -4 | -0 | 1 | -2 | 0 | -0 | -0 | -0 | 0 | 
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 | 32 | 30 | 44 | 49 | 54 | 28 | 29 | 38 | 30 | 32 | 28 | 36 | 
| Inventory Days | 37 | 32 | 38 | 33 | 36 | 47 | 64 | 55 | 56 | 56 | 50 | 53 | 
| Days Payable | 87 | 87 | 91 | 68 | 62 | 53 | 76 | 61 | 59 | 62 | 41 | 52 | 
| Cash Conversion Cycle | -18 | -24 | -9 | 13 | 28 | 22 | 17 | 32 | 26 | 26 | 37 | 37 | 
| Working Capital Days | -54 | -48 | -40 | -29 | -12 | -19 | -31 | -29 | -26 | -15 | -11 | -5 | 
| ROCE % | 15% | 14% | 11% | 10% | 9% | 12% | 8% | 7% | 14% | 15% | 13% | 13% | 
Documents
Announcements
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          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            18 Oct - Certificate under Regulation 74(5) for quarter ended 30 Sep 2025.
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          Clarification Sought By Exchange Mail Dated  October 10, 2025 - Price Movement As Reflected On BSE Portal
          
            13 Oct - Oct 13, 2025: Jay Ushin informs BSE price movement market-driven; no undisclosed price-sensitive events.
- 
        
          Clarification sought from Jay Ushin Ltd
          
            10 Oct - Exchange has sought clarification from Jay Ushin Ltd on October 10, 2025 with reference to significant movement in price, in order to ensure that investors …
- 
        
          Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
          
            29 Sep - AGM (29 Sep 2025): Rs.4 dividend, 7 resolutions passed incl. independent director.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 29 Sep
Annual reports
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      Financial Year 2025
      from bse
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      Financial Year 2024
      from bse
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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
      from bse
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      Financial Year 2014
      from bse
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      Financial Year 2013
      from bse
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      Financial Year 2012
      from bse
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      Financial Year 2011
      from bse
Business Overview:[1]
JUL is a joint venture between JPM group and Ushin Limited (Japan) to carry business of auto components manufacturing. Ushin Limited provides technical assistance to the JV while JUL pays royalty and fees for technical know-how. Company is a Tier-1 supplier to major 4-wheeler and 2-wheeler OEMs