Declared Dividend • Jun 01
Dividend of ₹4.00 announced Dividend of ₹4.00 is the same as last year. Ex-date: 18th September 2026 Payment date: 30th October 2026 Dividend yield will be 0.5%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹45.99 (vs ₹31.72 in FY 2025) Full year 2026 results: EPS: ₹45.99 (up from ₹31.72 in FY 2025). Revenue: ₹9.83b (up 15% from FY 2025). Net income: ₹177.7m (up 45% from FY 2025). Profit margin: 1.8% (up from 1.4% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 07
Jay Ushin Limited to Report Q4, 2026 Results on May 29, 2026 Jay Ushin Limited announced that they will report Q4, 2026 results on May 29, 2026 Buy Or Sell Opportunity • Apr 08
Now 22% overvalued Over the last 90 days, the stock has fallen 8.6% to ₹827. The fair value is estimated to be ₹678, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹795, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 40% over the past three years. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ₹11.13 (vs ₹8.62 in 3Q 2025) Third quarter 2026 results: EPS: ₹11.13 (up from ₹8.62 in 3Q 2025). Revenue: ₹2.49b (up 14% from 3Q 2025). Net income: ₹43.0m (up 29% from 3Q 2025). Profit margin: 1.7% (up from 1.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 04
Jay Ushin Limited to Report Q3, 2026 Results on Feb 14, 2026 Jay Ushin Limited announced that they will report Q3, 2026 results at 9:15 AM, Indian Standard Time on Feb 14, 2026 Buy Or Sell Opportunity • Nov 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 68% to ₹1,134. The fair value is estimated to be ₹938, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years, while earnings per share has been flat. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: ₹9.03 (vs ₹8.78 in 2Q 2025) Second quarter 2026 results: EPS: ₹9.03 (up from ₹8.78 in 2Q 2025). Revenue: ₹2.42b (up 14% from 2Q 2025). Net income: ₹34.9m (up 2.8% from 2Q 2025). Profit margin: 1.4% (down from 1.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹1,312, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 33x in the Auto Components industry in India. Total returns to shareholders of 123% over the past three years. Announcement • Nov 04
Jay Ushin Limited to Report Q2, 2026 Results on Nov 12, 2025 Jay Ushin Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 12, 2025 Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹1,051, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 34x in the Auto Components industry in India. Total returns to shareholders of 102% over the past three years. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹914, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 34x in the Auto Components industry in India. Total returns to shareholders of 79% over the past three years. New Risk • Sep 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (₹2.93b market cap, or US$33.3m). Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹821, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 33x in the Auto Components industry in India. Total returns to shareholders of 65% over the past three years. Upcoming Dividend • Sep 12
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 19 September 2025. Payment date: 28 October 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.6%). Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹11.85 (vs ₹6.70 in 1Q 2025) First quarter 2026 results: EPS: ₹11.85 (up from ₹6.70 in 1Q 2025). Revenue: ₹2.18b (up 11% from 1Q 2025). Net income: ₹45.8m (up 77% from 1Q 2025). Profit margin: 2.1% (up from 1.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Jul 30
Jay Ushin Limited to Report Q1, 2026 Results on Aug 13, 2025 Jay Ushin Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • May 31
Full year 2025 earnings released: EPS: ₹31.72 (vs ₹36.98 in FY 2024) Full year 2025 results: EPS: ₹31.72 (down from ₹36.98 in FY 2024). Revenue: ₹8.69b (up 20% from FY 2024). Net income: ₹122.6m (down 14% from FY 2024). Profit margin: 1.4% (down from 2.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • May 30
Jay Ushin Limited announces Annual dividend, payable on October 29, 2025 Jay Ushin Limited announced Annual dividend of INR 4.0000 per share payable on October 29, 2025, ex-date on September 19, 2025 and record date on September 19, 2025. Announcement • May 29
Jay Ushin Limited, Annual General Meeting, Sep 29, 2025 Jay Ushin Limited, Annual General Meeting, Sep 29, 2025, at 11:00 Indian Standard Time. New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₹2.43b market cap, or US$28.4m). Announcement • May 10
Jay Ushin Limited to Report Q4, 2025 Results on May 29, 2025 Jay Ushin Limited announced that they will report Q4, 2025 results on May 29, 2025 Reported Earnings • Feb 18
Third quarter 2025 earnings released: EPS: ₹8.62 (vs ₹9.96 in 3Q 2024) Third quarter 2025 results: EPS: ₹8.62 (down from ₹9.96 in 3Q 2024). Revenue: ₹2.23b (up 26% from 3Q 2024). Net income: ₹33.3m (down 13% from 3Q 2024). Profit margin: 1.5% (down from 2.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Feb 01
Jay Ushin Limited to Report Q3, 2025 Results on Feb 14, 2025 Jay Ushin Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹8.78 (vs ₹11.05 in 2Q 2024) Second quarter 2025 results: EPS: ₹8.78 (down from ₹11.05 in 2Q 2024). Revenue: ₹2.15b (up 6.8% from 2Q 2024). Net income: ₹33.9m (down 21% from 2Q 2024). Profit margin: 1.6% (down from 2.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Nov 06
Jay Ushin Limited to Report Q2, 2025 Results on Nov 14, 2024 Jay Ushin Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Oct 28
Jay Ushin Limited Announces Resignation of Deepak Jain as an Independent Director Jay Ushin Limited announced that Mr. Deepak Jain has tendered his resignation as an Independent Director of the Company, with effect from October 20, 2024 and also confirmed that there are no other material reasons for his resignation other than those mentioned in his resignation letter. Upcoming Dividend • Sep 13
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 20 September 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 8.1% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.0%). In line with average of industry peers (0.5%). Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹6.70 (vs ₹7.00 in 1Q 2024) First quarter 2025 results: EPS: ₹6.70 (down from ₹7.00 in 1Q 2024). Revenue: ₹1.99b (up 23% from 1Q 2024). Net income: ₹25.9m (down 4.2% from 1Q 2024). Profit margin: 1.3% (down from 1.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Aug 14
Jay Ushin Limited Approves Reconstitution of Committees of the Board Jay Ushin Limited at its board of directors held on August 14, 2024, approved reconstitution of committees of the Board as under: Audit Committee (all are Non Executive - Independent Director): Mr. Deepak Jain – Chairman. Mr. Arvind Kumar Mittal – Member. Mr. Ciby Cyriac James – Member. Stakeholders' Relationship (all are Non Executive - Independent Director): Mr. Arvind Kumar Mittal – Chairman. Mr. Ciby Cyriac James – Member. Mr. Deepak Jain – Member. Nomination and Remuneration (all are Non Executive - Independent Director): Mr. Arvind Kumar Mittal – Chairman. Mr. Ciby Cyriac James – Member. Mr. Deepak Jain – Member. Announcement • Aug 02
Jay Ushin Limited to Report Q1, 2025 Results on Aug 14, 2024 Jay Ushin Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Announcement • Jul 26
Jay Ushin Limited Announces Resignation of Ravinder Kumar Malhotra as Independent Director Jay Ushin Limited announced that Mr. Ravinder Kumar Malhotra (DIN: 02024661) has tendered his resignation as an Independent Director of the Company due to personal reasons, with effect from July 26, 2024 and also confirmed that there are no other material reasons for his resignation other than those mentioned in his resignation letter. Announcement • May 31
Jay Ushin Limited, Annual General Meeting, Sep 28, 2024 Jay Ushin Limited, Annual General Meeting, Sep 28, 2024, at 11:00 Indian Standard Time. Declared Dividend • May 31
Dividend of ₹3.00 announced Dividend of ₹3.00 is the same as last year. Ex-date: 20th September 2024 Payment date: 28th October 2024 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 30
Jay Ushin Limited Recommends Dividend for the Financial Year 2023-24 Jay Ushin Limited announced Board has recommended dividend of INR 3.00 per equity shares of INR 10/- each for the financial year 2023-24 subject to the approval of the shareholder in the up coming Annual General Meeting and the joint Venture Partner, Ushin Ltd. in terms of Joint Venture Agreement. Record date is September 21, 2024. Accordingly, the dividend will be paid to those shareholders whose names appear in the records of the Company Depository (ies) as on the record date and the said dividend will be paid within 30 days from the date of declaration. Announcement • May 20
Jay Ushin Limited to Report Q4, 2024 Results on May 29, 2024 Jay Ushin Limited announced that they will report Q4, 2024 results on May 29, 2024 Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: ₹9.96 (vs ₹7.38 in 3Q 2023) Third quarter 2024 results: EPS: ₹9.96 (up from ₹7.38 in 3Q 2023). Revenue: ₹1.80b (up 5.8% from 3Q 2023). Net income: ₹38.5m (up 35% from 3Q 2023). Profit margin: 2.1% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
Jay Ushin Limited to Report Q3, 2024 Results on Feb 14, 2024 Jay Ushin Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹11.05 (vs ₹9.80 in 2Q 2023) Second quarter 2024 results: EPS: ₹11.05 (up from ₹9.80 in 2Q 2023). Revenue: ₹2.05b (flat on 2Q 2023). Net income: ₹42.7m (up 13% from 2Q 2023). Profit margin: 2.1% (up from 1.9% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Nov 01
Jay Ushin Limited to Report Q2, 2024 Results on Nov 09, 2023 Jay Ushin Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Announcement • Oct 01
Jay Ushin Limited Approves Dividend for the Financial Year 2022-23 Jay Ushin Limited approved dividend of INR 3.00 per equity share for the financial year 2022-23 at the Annual General Meeting held on September 29, 2023. Announcement • Sep 21
Jay Ushin Limited Announces Demise of Jaideo Prasad Minda, Founder, Promoter, Non Executive Director and Chairman Jay Ushin Limited announced demise of Mr. Jaideo Prasad Minda, Founder, Promoter, Non Executive Director and Chairman of the Company. Mr. Jaideo Prasad Minda left for the heavenly abode on September 20, 2023. Upcoming Dividend • Sep 15
Upcoming dividend of ₹3.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 29 October 2023. Payout ratio is a comfortable 8.7% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.8%). Reported Earnings • Aug 14
First quarter 2024 earnings released: EPS: ₹7.00 (vs ₹9.77 in 1Q 2023) First quarter 2024 results: EPS: ₹7.00 (down from ₹9.77 in 1Q 2023). Revenue: ₹1.62b (down 13% from 1Q 2023). Net income: ₹27.1m (down 28% from 1Q 2023). Profit margin: 1.7% (down from 2.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Aug 12
Jay Ushin Limited Approves Recommendation of Dividend for the year ended March 31, 2023 Jay Ushin Limited at the board meeting, the board has approved September 22, 2023 fixed as record date for the purpose of payment of dividend of INR 3.00 per share for the Financial Year 2022-23 as recommended by the board of director in its meeting held on May 29, 2023 subject to the approval of shareholders in the upcoming annual general meeting. Accordingly, the dividend will be paid to those shareholders whose names appear in the records of the Company IDepository (ies) as on the record date and the said dividend will be paid within 30 days from the date of declaration. Announcement • Aug 11
Jay Ushin Limited, Annual General Meeting, Sep 29, 2023 Jay Ushin Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Announcement • Aug 03
Jay Ushin Limited to Report Q1, 2024 Results on Aug 11, 2023 Jay Ushin Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹706, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 25x in the Auto Components industry in India. Total returns to shareholders of 20% over the past three years. Announcement • May 31
Jay Ushin Limited Recommends Dividend for the Financial Year 2022-23 The Board of directors of Jay Ushin Limited recommended dividend of INR 3.00 per equity shares of INR 10.00 each for the financial year 2022-23 subject to the approval of the shareholder in the upcoming Annual General Meeting and the joint Venture Partner, Ushin Ltd. in terms of Joint Venture Agreement dated 30th May, 1986, at its board meeting held on May 29, 2023. Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹34.42 (vs ₹30.89 in FY 2022) Full year 2023 results: EPS: ₹34.42 (up from ₹30.89 in FY 2022). Revenue: ₹7.49b (up 14% from FY 2022). Net income: ₹133.0m (up 11% from FY 2022). Profit margin: 1.8% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • May 21
Jay Ushin Limited to Report Q4, 2023 Results on May 29, 2023 Jay Ushin Limited announced that they will report Q4, 2023 results on May 29, 2023 Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹651, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 73% over the past three years. Reported Earnings • Feb 19
Third quarter 2023 earnings released: EPS: ₹7.38 (vs ₹8.68 in 3Q 2022) Third quarter 2023 results: EPS: ₹7.38 (down from ₹8.68 in 3Q 2022). Revenue: ₹1.70b (up 6.9% from 3Q 2022). Net income: ₹28.5m (down 15% from 3Q 2022). Profit margin: 1.7% (down from 2.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
Jay Ushin Limited to Report Q3, 2023 Results on Feb 14, 2023 Jay Ushin Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 17% share price gain to ₹798, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 25x in the Auto Components industry in India. Total returns to shareholders of 165% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 19% share price gain to ₹637, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 122% over the past three years. Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: ₹9.80 (vs ₹8.25 in 2Q 2022) Second quarter 2023 results: EPS: ₹9.80 (up from ₹8.25 in 2Q 2022). Revenue: ₹2.07b (up 18% from 2Q 2022). Net income: ₹37.9m (up 19% from 2Q 2022). Profit margin: 1.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Arvind Mittal was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 06
Jay Ushin Limited to Report Q2, 2023 Results on Nov 14, 2022 Jay Ushin Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Sep 30
Jay Ushin Limited Approves to Declare Dividend for the Financial Year 2021-22 Jay Ushin Limited at Annual General Meeting on September 29, 2022 approved to declare a dividend of INR 3.00 per equity share for the Financial Year 2021-22. Upcoming Dividend • Sep 14
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 29 October 2022. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.6%). Announcement • Sep 04
Jay Ushin Limited, Annual General Meeting, Sep 29, 2022 Jay Ushin Limited, Annual General Meeting, Sep 29, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the standalone Audited Financial Statements of the Company for the financial year ended March 31, 2022 together with the reports of the Board of Directors and the Auditors thereon; to declare a dividend of INR 3.00 per equity share for the Financial Year 2021-22; to appoint a director in place of Vandana Minda (DIN: 03582322), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers herself for re-appointment; and to consider other matters. Announcement • Aug 10
Jay Ushin Limited Announces Dividend for the Financial Year 2021-22, Payable Within 30 Days from the Date of Declaration Jay Ushin Limited announced dividend for the financial year 2021-22 of INR 3.00 per share, payable within 30 days from the date of declaration. The company fixed September 22, 2022 as the record date for the purpose of payment of dividend as recommended by the board of director in its meeting held on May 30, 2022 subject to the approval of shareholders in the upcoming Annual General Meeting. Accordingly, the dividend will be paid to those shareholders whose names appear in the records of the Company/Depository (ies) as on the record date. Announcement • Jul 28
Jay Ushin Limited to Report Q1, 2023 Results on Aug 09, 2022 Jay Ushin Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Announcement • May 31
Jay Ushin Limited Recommends Dividend for the Financial Year of 2021-2022 Jay Ushin Limited recommended dividend of INR 3.00 per equity shares of INR 10/- each for the financial year 2021-22 subject to the approval of Shareholders in the ensuing Annual General Meeting. Announcement • May 20
Jay Ushin Limited to Report Q4, 2022 Results on May 30, 2022 Jay Ushin Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Arvind Mittal was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹8.68 (down from ₹19.37 in 3Q 2021). Revenue: ₹1.59b (down 15% from 3Q 2021). Net income: ₹33.5m (down 55% from 3Q 2021). Profit margin: 2.1% (down from 4.0% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Feb 03
Jay Ushin Limited to Report Q3, 2022 Results on Feb 10, 2022 Jay Ushin Limited announced that they will report Q3, 2022 results on Feb 10, 2022 Reported Earnings • Nov 16
Second quarter 2022 earnings released: EPS ₹8.25 (vs ₹8.19 in 2Q 2021) The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2022 results: Revenue: ₹1.79b (up 10% from 2Q 2021). Net income: ₹31.9m (flat on 2Q 2021). Profit margin: 1.8% (down from 2.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 17% share price gain to ₹556, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 22% over the past three years. Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS ₹3.89 (vs ₹57.31 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.36b (up 389% from 1Q 2021). Net income: ₹15.0m (up ₹236.5m from 1Q 2021). Profit margin: 1.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 04
Full year 2021 earnings released: ₹10.36 loss per share (vs ₹6.82 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹5.89b (down 11% from FY 2020). Net loss: ₹40.0m (down 252% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Executive Departure • Mar 03
Chief Financial Officer has left the company On the 1st of March, Lalit Choudhary's tenure as Chief Financial Officer ended after 2.8 years in the role. As of December 2020, Lalit personally held only 1.00 share (₹446 worth at the time). Lalit is the only executive to leave the company over the last 12 months. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹19.37 (vs ₹3.27 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.87b (up 19% from 3Q 2020). Net income: ₹74.9m (up 493% from 3Q 2020). Profit margin: 4.0% (up from 0.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 15
New 90-day high: ₹525 The company is up 15% from its price of ₹458 on 17 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 33% over the same period. Announcement • Feb 14
Jay Ushin Limited Announces Resignation of Lalit Choudhary as Chief Financial Officer of the Company Effective March 1, 2021 The Board of Directors of Jay Ushin Limited in its Meeting held on February 13, 2021 has approved the resignation of Mr. Lalit Choudhary as Chief Financial Officer of the Company effective March 1, 2021 due to personal reason. Announcement • Jan 29
Jay Ushin Limited to Report Q3, 2021 Results on Feb 13, 2021 Jay Ushin Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 19
New 90-day high: ₹480 The company is up 7.0% from its price of ₹450 on 21 October 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 30% over the same period. Reported Earnings • Nov 14
Second quarter 2021 earnings released: EPS ₹8.19 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹1.66b (down 2.1% from 2Q 2020). Net income: ₹31.6m (up 21% from 2Q 2020). Profit margin: 1.9% (up from 1.5% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Nov 05
Jay Ushin Limited to Report Q2, 2021 Results on Nov 11, 2020 Jay Ushin Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Is New 90 Day High Low • Oct 15
New 90-day low: ₹416 The company is down 31% from its price of ₹602 on 17 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 8.0% over the same period. Announcement • Sep 12
Jay Ushin Limited to Report Q1, 2021 Results on Sep 15, 2020 Jay Ushin Limited announced that they will report Q1, 2021 results on Sep 15, 2020 
