Jamna Auto Industries Ltd.
Snapshot View

85.65 -0.55 ▼-0.6%

23 July 2021, 04:00:00 P.M.
Volume: 60,965

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.jaispring.com
Financial Indicators
Market Cap 3,412.84 Cr.
Earnings per share (EPS) 1.83 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 46.78 Trailing Twelve Months Ending 2021-03
Industry PE 91.09 Trailing Twelve Months Ending 2021-03
Book Value / Share 14.56 Trailing Twelve Months Ending 2021-03
Price to Book Value 5.88 Calculated using Price: 85.65
Dividend Yield 0.88 Period Ending 2020-03
No. of Shares Subscribed 39.85 Cr. 398,463,885 Shares
FaceValue 1
Company Profile

The company was promoted by Mr Bhupinder Singh Jauhar. He started the Tapered Leaf Spring business in 1954 in a small shop in Yamuna Nagar which was converted in the company form in the year 1965. The Company is public company domiciled in India and is incorporated under the provisions of the Companies Act. Its shares are listed on two recognized stock exchanges in India.

Jamna Auto Industries is India's largest, and amongst world's third largest, manufacturer of tapered leaf springs and parabolic springs for automobiles. The company was first to introduce parabolic springs in India.

The company has indigenous R&D Centre capable to design Multi, Parabolic Leaf Springs, Lift Axles and Air Suspension for all automobile applications. The R&D Centre has facility of in-house validation and testing of products using Servo Actuator to simulate actual vehicle conditions. The Company's engineering & design strength and developmental capabilities makes it a partner of choice with most of customers. The company's R&D team work closely with customers in design modification and value engineering in Tapered Leaf and Parabolic Springs which enhance the vehicles' load bearing capacity and overall efficiency.

Business area of the company

Jamna Auto Industries is engaged in manufacturing and selling of Tapered Leaf, Parabolic Springs and Lift Axles.

Products

  • Rear Air Suspension - ‘Cow Horn Style’
  • Lift Axle - Steerable / Non Steerable
  • Bogie Suspension - Tandem Axle
  • Multileaf Springs
  • Parabolic Springs

Milestone & Awards

2009 

  • Started Assembly unit at Uttarakhand (under subsidiary)
  • In house R&D centre set up at Malanpur

2010

  • Tata Motors Ltd converted its two high selling models into parabolic springs
  • Entered into technical assistance agreement with Ridewell Corporation USA for Air Suspension and Lift Axle 
  • Received the Best Vendor Gold Award from Ashok Leyland Ltd for 2009-2010
  • Received an award from Tata Motors Ltd in recognition of JAI’s long and enduring relationship
  • Purchased land in Chennai for setting up facility for air suspension and lift axle

2011

  • Promoters and Clearwater Capital Partners infused fresh equity, prepayment of term loans brought down debt
  • Shares of the Company listed in NSE
  • Started paying Dividend
  • Jamshedpur plant commenced manufacturing operations
  • Started Assembly unit at Lucknow
  • Filed patent application in India for Air Suspension
  • Supplies to UD Trucks Corporation, Japan (Volvo subsidiary), Mahindra Navistar Automotives Ltd and Ashok Leyland Nissan Vehicles Ltd started
  • Acquired land in Hosur for setting up facility for manufacturing of springs

2012

  • Agreement to supply Lift Axle signed with Ashok Leyland Ltd.
  • Started developing springs for Bharat Benz
  • Purchased land in Pune for setting up facility for manufacturing of springs and additional land in Malanpur and Yamuna Nagar for expansion

2013

  • Lift Axle and Air Suspension products launched
  • Received Silver Award from Ashok Leyland Ltd. for best in class performance in RAMP UP in development and supply of Lift Axles
  • Received Certificate of excellence award from TATA Motors Ltd. for supply of quality product and approach towards continual improvement in quality
  • Supplies to Bharat Benz and Renault Nisan commenced
  • Certificate of Appreciation - Best in Class Performance in Quality from Ashok Leyland Ltd. for the year 2012-13
  • Production commenced at Hosur plant
  • Capacity expansion at Malanpur completed

2014

  • OEM market share increased to 64% from 57%
  • Expansion at Hosur Plant started

2017

  • The company’s Malanpur and Yamuna Nagar plants were awarded the TPM Excellence Category ‘A’ award by Japan Institute of Plant Maintenance

2018

  • Jamshedpur plant was awarded the TPM Excellence Category ‘A’ award
  • The Company was also awarded as ‘Star SME’ in the Business Standard annual awards 2018

2019

  • Best Overall Excellence in Operations by Auto Components India (Magazine) 2019
  • The Company has incorporated a wholly owned subsidiary company, viz., Jai Automotive Components Limited. The subsidiary has acquired land on lease at Indore from Madhya Pradesh State Industrial Development Corporation.

2020

  • Assembly unit of Jai Suspension Systems LLP at Lucknow (U.P.) was closed in FY 2019-20

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.64%
1 Week
-1.15%
1 Month
+0.71%
3 Month
+29.77%
6 Month
+39.84%
1 Year
+186.93%
2 Year
+89.70%
5 Year
+149.64%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 29.93 17.22 7.89 15.63 32.64 36.54 33.12 29.45 9.33
Return on Capital Employed (%) 22.97 17.37 12.60 23.05 48.34 48.11 46.29 48.62 15.33
Return on Assets (%) 7.31 4.50 2.43 5.69 14.62 20.20 18.73 14.93 5.19

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 156 175 182 196 243 333 424 510 517
Non Curr. Liab. 82 61 85 47 17 28 44 24 88
Curr. Liab. 394 366 273 252 224 195 315 525 183
Minority Int.
Equity & Liab. 632 601 539 495 484 556 782 1,059 787
Non Curr. Assets 320 323 294 290 317 360 366 467 544
Curr. Assets 310 279 245 205 167 195 416 592 244
Misc. Exp. not W/O 2 0 0 0
Total Assets 632 601 539 495 484 556 782 1,059 787

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,120 980 833 1,095 1,256 1,292 1,738 2,135 1,129
Other Income 4 2 2 2 8 6 9 11 17
Total Income 1,124 982 835 1,097 1,264 1,299 1,747 2,146 1,146
Total Expenditure -1,022 -895 -786 -1,001 -1,094 -1,091 -1,499 -1,856 -1,014
PBIDT 102 88 49 97 171 207 248 289 131
Interest -19 -27 -24 -18 -20 -14 -20 -28 -18
Depreciation -32 -29 -26 -31 -45 -48 -41 -46 -41
Taxation -9 -4 -3 -18 -33 -40 -61 -78 -24
Exceptional Items 18
PAT 42 28 14 29 72 105 125 137 48

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 71 87 45 98 138 81 126 281 4
Cash Fr. Inv. -86 -32 24 -22 -75 -83 -72 -130 -102
Cash Fr. Finan. 13 -55 -66 -78 -66 6 -57 -139 80
Net Change -1 -1 3 -2 -3 4 -2 12 -19
Cash & Cash Eqvt 8 9 11 9 6 9 7 19 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 47.88 47.88 48.59 48.91 49.37 50.00 50.00 50.00 50.00
Public 52.12 52.12 51.41 51.09 50.63 50.00 50.00 50.00 50.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 2.05 3.57 4.80 4.54 2.72 2.72

Announcements View Details

Fri, 16 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
In compliance with Regulation 39(3) of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 the Company has received the attached request for issuance of duplicate share certificate in lieu of loss of the original share certificate. The duplicate share certificate will be issued to the shareholder after complying with the requisite formalities.
Wed, 14 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0101
Name of the Signatory :- PRAVEEN LAKHERA
Designation :- Company Secretary and Compliance Officer
Wed, 14 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
In accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 we are
enclosing herewith the certificate received from Skyline Financial Services Private Limited Registrar and
Share Transfer Agent of the Company for the quarter ended on June 30 2021.
Kindly take the above information on records.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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