Jtekt
146.70
+1.87(+1.29%)
Market Cap₹4,069.41 Cr
PE Ratio44.60
IndustryAutomobiles
Company Performance:
1D+1.29%
1M-0.99%
6M+16.46%
1Y+1.19%
5Y+66.25%
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More news about Jtekt
05Dec 25
JTEKT India Gears Up for Growth: Approves 50% Capacity Expansion in CVJ Line
JTEKT India Limited plans to increase its Constant Velocity Joint (CVJ) production capacity by 0.40 million units, bringing the total to 1.20 million units by August 2027. This represents a 50% capacity increase from the current 0.80 million units. The expansion aims to meet growing demand from Indian OEMs, with current utilization at 90%. The company will finance the project through internal accruals and borrowings. Recent financial data shows total assets at ₹1,462.70 crores, up 14.74% year-over-year, and shareholders' capital at ₹879.90 crores, up 7.08%.
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29Nov 25
JTEKT India Concludes Voluntary Retirement Scheme with Rs. 35.22 Million Financial Impact
JTEKT India Limited has completed its Voluntary Retirement/Separation Scheme (VRS) for eligible workmen, announced on November 12, 2025. The scheme resulted in a total financial impact of Rs. 35.22 million towards settlement costs. The VRS was completed on November 29, 2025, aimed at optimizing workforce and improving operational efficiency. This expense represents a small fraction of the company's total assets, which stood at Rs. 1,462.70 crore as of March 2025.
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20Nov 25
JTEKT India Reports 5.6% H1 Sales Growth, Expects Recovery in Margins
JTEKT India, an automotive component manufacturer, achieved 5.6% sales growth in H1, outpacing the passenger vehicle market's 1.6% growth. However, the company experienced margin pressures due to higher employee costs and delayed new product launches. EBITDA margins improved to 7.2% in Q2 from 5.3% in Q1, but overall H1 EBITDA margin of 6.3% was lower than the previous fiscal year's 7.6%. The company's product mix includes Column Power Steering (46%), Manual Steering Gear (27%), and other components. Maruti Suzuki is their largest customer at 56% of sales. JTEKT India is implementing strategies including capacity expansion, export growth, new product launches, cost reduction initiatives, and backward integration to improve performance and profitability.
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17Nov 25
JTEKT India Reports 4% Revenue Growth Amid Industry Challenges in H1 FY26
JTEKT India Limited, a leading steering systems manufacturer, achieved 4% revenue growth to Rs 12,051.00 million in H1 FY26, outpacing industry growth of 1.60%. However, EBITDA margin declined from 7.60% to 6.30%. Growth drivers included presence in better-performing vehicle models and new Drive Shaft products. Challenges impacting profitability were increased employee costs, higher manufacturing expenses, and adverse product mix. The company continues to expand production capacity and maintains a diverse product portfolio serving major vehicle manufacturers in India.
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12Nov 25
JTEKT India Reports Q2 Results, Updates on Rights Issue Fund Utilization
Jtekt India Limited released its Q2 FY2026 financial results, showing a 5.58% increase in revenue to INR 63,910.52 lakhs, but a 6.44% decrease in net profit to INR 1,822.77 lakhs. The company's half-yearly results indicate a 4.05% revenue growth but a 15.47% decline in net profit. Jtekt also reported on the utilization of its INR 249.89 crore rights issue funds, with no deviations from stated objectives. The funds are being used for construction of a production facility in Gujarat, capital expenditure, debt repayment, and general corporate purposes. Management changes include new appointments in Corporate Quality and Design & Development roles.
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12Nov 25
JTEKT India Reports Q2 FY26 Results: Revenue Up, Profit Down Amid Leadership Changes
Jtekt India Limited announced its Q2 FY2026 results, showing revenue growth but declining profitability. Q2 revenue increased to INR 85,010.58 lakhs from INR 80,055.93 lakhs in Q2 FY2025, while net profit decreased to INR 1,821.77 lakhs from INR 2,764.11 lakhs. The company appointed new leaders in Corporate Quality and Design Development. A Voluntary Retirement Scheme was introduced for eligible workmen. Cash and cash equivalents significantly improved to INR 20,192.18 lakhs, supported by a rights issue of INR 24,718.70 lakhs.
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02Nov 25
JTEKT India's Rs 24.70 Lakh GST Demand Dropped by Chennai Tax Authority
JTEKT India Limited successfully resolved a GST demand of Rs 24,70,944 raised by the Joint Commissioner (ST) office in Chennai. The demand, initially raised under section 73/74 of the CGST Act 2017, was dropped after the company submitted a reply explaining its position. JTEKT India stated that this resolution has no financial impact on the company. The company promptly informed stock exchanges about this development in compliance with SEBI regulations.
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26Sept 25
JTEKT India Faces Rs 3.63 Crore GST Demand on Expatriate Taxation
JTEKT India Limited has received a show cause notice from the Office of the Joint Commissioner of State Goods & Services Tax, Chennai, demanding ₹3.63 crore in IGST for its amalgamated subsidiary. The notice questions GST applicability on expatriates under the Reverse Charge Mechanism. JTEKT is reviewing the notice and preparing a response, stating no immediate impact on financials or operations. The company has also announced a trading window closure for designated persons from October 1 until 48 hours after Q2 results declaration.
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14Aug 25
JTEKT India Reports Mixed Q1 Results Amid Rights Issue Completion
JTEKT India, an automotive components manufacturer, reported Q1 FY2025-26 results with revenue up 2.37% to ₹566.02 crore, but net profit down 27.28% to ₹10.82 crore. EBITDA decreased 17.38% to ₹30.90 crore, with margin compression of 131 bps to 5.45%. The company successfully completed a rights issue, raising ₹249.89 crore by allotting 2,31,16,407 equity shares at ₹108.10 per share. This increased the paid-up equity share capital from ₹25,42,80,483 to ₹27,73,96,890.
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01Aug 25
JTEKT India Revises Remuneration Package for Wholetime Director Yosuke Fujiwara
JTEKT India Limited has announced a revision in the remuneration package for its Wholetime Director, Yosuke Fujiwara, effective July 1, 2025. The revised package includes new components such as a company car for family use, school fee reimbursement for dependent children, and shifting/relocation reimbursement upon return to his home country. Mr. Fujiwara's basic salary remains at Rs. 4,00,000 per month, with rent-free accommodation up to Rs. 4,50,000 per month. The revision requires shareholder approval at the upcoming AGM on August 28, 2025.
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29Jul 25
JTEKT India Completes Rights Issue Document Dispatch to Eligible Shareholders
JTEKT India Limited has completed the dispatch of crucial documents for its upcoming Rights Issue of Equity Shares to eligible shareholders as of July 29, 2025. The company received in-principle approvals from BSE and NSE on July 17, 2025. The Record Date for determining eligible shareholders was set as July 25, 2025. The Board of Directors approved the terms of the Rights Issue on July 21, 2025. JTEKT India emphasized compliance with SEBI regulations and directed shareholders to their website for detailed information.
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22Jul 25
JTEKT India Announces ₹249.89 Crore Rights Issue at 1:11 Ratio
JTEKT India Limited has approved a rights issue to raise up to ₹249.89 crore. The company will issue up to 2,31,16,407 fully paid-up equity shares at ₹108.10 per share. The rights entitlement ratio is 1:11, with the record date set for July 25, 2025. The issue will open on August 4, 2025, and close on August 12, 2025. Eligible shareholders will receive Rights Entitlements (REs) that can be traded on stock exchanges or transferred off-market. Post-issue, assuming full subscription, JTEKT India's outstanding equity shares will increase to 27,73,96,890.
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10Jul 25
JTEKT India to Consider Rights Issue in Upcoming Board Meeting
JTEKT India Limited's board of directors will meet on July 15 to discuss and potentially approve a rights issue for fundraising. This move aims to strengthen the company's financial position and support future growth. If approved, existing shareholders may have the opportunity to purchase additional shares, possibly at a discounted price. The market will be closely watching for details on the offering size, pricing, and intended use of funds.
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23May 25
JTEKT India Reports Q4 EBITDA Decline Amid Mixed Results
JTEKT India's Q4 financial results show a 2.85% increase in revenue to ₹6.50 billion, but a 28% decrease in net profit to ₹247.00 million. EBITDA declined by 18.79% to ₹566.00 million, with the EBITDA margin dropping from 11.03% to 8.72%. The company faces challenges in maintaining profit margins despite revenue growth.
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Jtekt
146.70
+1.87
(+1.29%)
1 Year Returns:+1.19%
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