Jamna Auto Industries has announced the record date for its final dividend payment. The company has set Thursday, September 18, as the record date for determining shareholder eligibility for the proposed dividend of ₹1.10 per equity share.

Dividend Details

Key Points

• The Board of Directors recommended the final dividend at their meeting held on Friday, May 30.
• The dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for Thursday, September 25.
• If approved, the dividend will be paid within 30 days from the date of declaration at the AGM.

Eligibility Criteria

Shareholders eligible for the dividend include:

1. Members whose names appear in the register of members of the company as of September 18.
2. Beneficial owners whose names appear in the list furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as of the record date.

Company Information

Jamna Auto Industries, a leading player in the auto components sector, has its corporate office in Faridabad, Haryana. The company is known for its presence in multiple locations across India, including Yamuna Nagar, Malanpur, Chennai, Jamshedpur, Pantnagar, Hosur, and Pune.

Investors and shareholders are advised to take note of the record date and ensure their details are up to date with their respective depository participants or the company's registrar and transfer agent to facilitate smooth processing of the dividend payment, if approved at the AGM.

Jamna Auto Industries , a leading manufacturer in the automotive component sector, has released its fourth quarter financial results, showcasing a mixed performance with stable revenue but a slight dip in profitability.

Revenue Remains Steady

The company reported a revenue of ₹563.50 crore for Q4, maintaining stability compared to the same period last year when it posted ₹605.00 crore. This represents a marginal decrease of 6.86% year-over-year, indicating resilience in the face of market challenges.

Profitability Metrics

EBITDA and Margin

Jamna Auto's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for Q4 stood at ₹78.10 crore, down from ₹87.30 crore in the corresponding quarter of the previous year, marking a 10.54% decrease. Consequently, the EBITDA margin contracted to 13.10% from 13.90% year-over-year.

Net Profit

The consolidated net profit for Q4 was reported at ₹43.80 crore, compared to ₹54.90 crore in the same quarter of the previous fiscal year, reflecting a 20.22% decline.

Operational Performance

The company's operating profit for the quarter came in at ₹77.10 crore, down from ₹86.30 crore in the previous year's Q4, representing a 10.66% decrease. The operating profit margin (OPM) stood at 13.72%, showing resilience despite the challenging environment.

Financial Highlights

Yearly Performance

For the full fiscal year, Jamna Auto Industries reported improved figures compared to the previous year:

• Annual revenue increased to ₹2,431.60 crore, up 4.04% from ₹2,337.10 crore in the previous year.
• The company's EBITDA rose significantly to ₹332.10 crore, a 21.56% increase from ₹273.20 crore in the previous year.
• Net profit stood at ₹205.40 crore, showing a robust growth of 21.97% compared to ₹168.40 crore in the previous year.

Despite the challenges faced in the fourth quarter, Jamna Auto Industries has demonstrated overall growth and resilience throughout the fiscal year. The company's ability to maintain stable revenue in a dynamic market environment, coupled with improved annual performance, reflects its strong market position and operational efficiency.

Investors and stakeholders will be keenly watching how Jamna Auto Industries navigates the coming quarters, especially in light of the evolving automotive sector landscape and economic conditions.