Financials JTEKT India Limited

Equities

JTEKTINDIA

INE643A01035

Auto, Truck & Motorcycle Parts

Market Closed - Bombay S.E. Other stock markets 11:00:49 02/05/2024 BST			5-day change	1st Jan Change
171.7 ^INR	-1.32%		-5.14%	+8.16%

04-26	JTEKT India Limited Receives Show Cause Notice from the Office of the Regional Provident Fund Commissioner of Employees? Provident Fund Organisation, Gurugram	CI
03-28	JTEKT India Limited Receives Order from the Office of the Principal Commissioner of Customs	CI

Valuation

Fiscal Period: Maart	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	21,812	9,816	20,585	18,140	25,255	43,660	-	-
Enterprise Value (EV) ¹	21,812	9,816	20,585	18,140	25,255	43,660	43,660	43,660
P/E ratio	-	-	-	49.1 x	31 x	49.1 x	34.3 x	29.1 x
Yield	-	-	-	0.54%	0.48%	0.58%	0.7%	0.82%
Capitalization / Revenue	1.24 x	0.65 x	1.54 x	1.14 x	1.24 x	1.94 x	1.7 x	1.58 x
EV / Revenue	1.24 x	0.65 x	1.54 x	1.14 x	1.24 x	1.94 x	1.7 x	1.58 x
EV / EBITDA	-	-	-	14.2 x	13.5 x	22.3 x	17.9 x	15.9 x
EV / FCF	-	-	-	-100 x	255 x	122 x	254 x	37.1 x
FCF Yield	-	-	-	-1%	0.39%	0.82%	0.39%	2.7%
Price to Book	-	-	-	2.87 x	3.59 x	5.17 x	4.36 x	3.68 x
Nbr of stocks (in thousands)	198,742	244,480	244,480	244,480	244,480	254,280	-	-
Reference price ²	109.8	40.15	84.20	74.20	103.3	171.7	171.7	171.7
Announcement Date	17/05/19	22/06/20	26/05/21	20/05/22	22/05/23	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	17,540	15,105	13,330	15,888	20,439	22,535	25,630	27,680
EBITDA ¹	-	-	-	1,273	1,868	1,961	2,435	2,740
EBIT ¹	-	-	-	666.8	1,222	1,246	1,710	1,988
Operating Margin	-	-	-	4.2%	5.98%	5.53%	6.67%	7.18%
Earnings before Tax (EBT) ¹	-	-	-	561.8	1,142	1,246	1,710	1,988
Net income ¹	-	-	-	369.1	871.2	849	1,231	1,432
Net margin	-	-	-	2.32%	4.26%	3.77%	4.8%	5.17%
EPS ²	-	-	-	1.510	3.330	3.500	5.000	5.900
Free Cash Flow ¹	-	-	-	-181	99.22	359	172	1,178
FCF margin	-	-	-	-1.14%	0.49%	1.59%	0.67%	4.26%
FCF Conversion (EBITDA)	-	-	-	-	5.31%	18.31%	7.06%	42.99%
FCF Conversion (Net income)	-	-	-	-	11.39%	42.29%	13.97%	82.26%
Dividend per Share ²	-	-	-	0.4000	0.5000	1.000	1.200	1.400
Announcement Date	17/05/19	22/06/20	26/05/21	20/05/22	22/05/23	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maart	2022 Q1	2023 Q1	2023 Q2	2023 Q3	2024 Q1	2024 Q2
Net sales ¹	3,210	4,717	5,710	4,710	4,775	5,710
EBITDA	-	-	-	-	-	-
EBIT	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-
Net income	-	-	-	-	-	-
Net margin	-	-	-	-	-	-
EPS	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-
Announcement Date	12/08/21	08/08/22	14/11/22	09/02/23	10/08/23	-

¹INR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: Maart	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-	-	-181	99.2	359	172	1,178
ROE (net income / shareholders' equity)	-	-	-	6.81%	13.1%	11.2%	13.9%	13.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	-	-	25.80	28.70	33.20	39.40	46.70
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	-	-	-	1,206	853	1,000	1,000	900
Capex / Sales	-	-	-	7.59%	4.17%	4.44%	3.9%	3.25%
Announcement Date	17/05/19	22/06/20	26/05/21	20/05/22	22/05/23	-	-	-

¹INR in Million²INR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for JTEKT India Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

171.7 INR

Average target price

192 INR

Spread / Average Target

+11.82%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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