Jamna Auto Industries
Market Cap
₹9.6b
Last Updated
2020/03/31 12:45 UTC
Data Sources
Company Financials +
Executive Summary
Jamna Auto Industries Limited manufactures and sells tapered leafs and parabolic springs in India and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Jamna Auto Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 520051's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-0.6%
520051
5.4%
IN Auto Components
9.3%
IN Market
1 Year Return
-61.3%
520051
-46.0%
IN Auto Components
-29.6%
IN Market
Return vs Industry: 520051 underperformed the Indian Auto Components industry which returned -44.6% over the past year.
Return vs Market: 520051 underperformed the Indian Market which returned -30.6% over the past year.
Shareholder returns
| 520051 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 5.4% | 9.3% |
| 30 Day | -30.6% | -32.3% | -23.3% |
| 90 Day | -49.1% | -39.8% | -28.0% |
| 1 Year | -60.4%-61.3% | -45.0%-46.0% | -28.2%-29.6% |
| 3 Year | -41.7%-44.5% | -44.4%-46.1% | -15.8%-20.5% |
| 5 Year | 7.1%-1.4% | -34.8%-37.6% | -4.7%-9.6% |
Price Volatility Vs. Market
How volatile is Jamna Auto Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Endurance Technologies And Other Great Growth Stocks1 year ago | Simply Wall St
Endurance Technologies And Other Great Growth Stocks1 year ago | Simply Wall St
Endurance Technologies And Other Great Growth StocksValuation
Is Jamna Auto Industries undervalued compared to its fair value and its price relative to the market?
13.44x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 520051 (₹23.8) is trading above our estimate of fair value (₹14.62)
Significantly Below Fair Value: 520051 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 520051 is poor value based on its PE Ratio (13.4x) compared to the Auto Components industry average (10.1x).
PE vs Market: 520051 is poor value based on its PE Ratio (13.4x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: 520051 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 520051 is overvalued based on its PB Ratio (1.8x) compared to the IN Auto Components industry average (0.9x).
Next Steps
Future Growth
How is Jamna Auto Industries forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
25.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 520051's forecast earnings growth (25.9% per year) is above the savings rate (6.5%).
Earnings vs Market: 520051's earnings (25.9% per year) are forecast to grow faster than the Indian market (19.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 520051's revenue (4.3% per year) is forecast to grow slower than the Indian market (8.9% per year).
High Growth Revenue: 520051's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 520051's Return on Equity is forecast to be low in 3 years time (15.6%).
Next Steps
Past Performance
How has Jamna Auto Industries performed over the past 5 years?
20.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 520051 has high quality earnings.
Growing Profit Margin: 520051's current net profit margins (4.9%) are lower than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: 520051's earnings have grown significantly by 20.7% per year over the past 5 years.
Accelerating Growth: 520051's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 520051 had negative earnings growth (-53.4%) over the past year, making it difficult to compare to the Auto Components industry average (-20%).
Return on Equity
High ROE: 520051's Return on Equity (13.6%) is considered low.
Next Steps
Financial Health
How is Jamna Auto Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 520051's short term assets (₹3.9B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 520051's short term assets (₹3.9B) exceed its long term liabilities (₹906.3M).
Debt to Equity History and Analysis
Debt Level: 520051's debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 520051's debt to equity ratio has reduced from 36.3% to 36.1% over the past 5 years.
Debt Coverage: 520051's debt is well covered by operating cash flow (143.7%).
Interest Coverage: 520051's interest payments on its debt are well covered by EBIT (6.3x coverage).
Balance Sheet
Inventory Level: 520051 has a high level of physical assets or inventory.
Debt Coverage by Assets: 520051's debt is covered by short term assets (assets are 2.1x debt).
Next Steps
Dividend
What is Jamna Auto Industries's current dividend yield, its reliability and sustainability?
3.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 520051's dividend (3.57%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: 520051's dividend (3.57%) is low compared to the top 25% of dividend payers in the Indian market (4.16%).
Stability and Growth of Payments
Stable Dividend: 520051 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 520051's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48%), 520051's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 520051's dividends in 3 years are forecast to be well covered by earnings (29.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Pradeep Jauhar (55yo)
3.83s
Tenure
₹109,335,330
Compensation
Mr. Pradeep Singh Jauhar has been Managing Director and Chief Executive Officer at Jamna Auto Industries Limited since May 20, 2016 and has been its Executive Director since March 11, 2008. Mr. Jauhar serv ...
CEO Compensation Analysis
Compensation vs Market: Pradeep's total compensation ($USD1.45M) is above average for companies of similar size in the Indian market ($USD48.16K).
Compensation vs Earnings: Pradeep's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 3.83yrs | ₹109.34m | 5.4% ₹516.5m | |
| Vice Chairman | 3.83yrs | ₹108.02m | 5.21% ₹498.0m | |
| Executive Director | 2yrs | ₹3.90m | no data | |
| Chief Financial Officer | no data | no data | no data | |
| Head of Legal | no data | ₹4.19m | no data | |
| Head of After Market Exports & HR | 2.17yrs | no data | no data | |
| President of International Business and Head R&D | no data | no data | no data | |
| Unit Head of Malanpur & Hosur Plant | no data | no data | no data | |
| Head of Manufacturing - Jamshedpur Plant | no data | no data | no data | |
| Head Marketing of OEM-India & Strategic Sourcing | 3yrs | no data | no data |
2.6yrs
Average Tenure
Experienced Management: 520051's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 3.83yrs | ₹109.34m | 5.4% ₹516.5m | |
| Vice Chairman | 3.83yrs | ₹108.02m | 5.21% ₹498.0m | |
| Executive Director | 2yrs | ₹3.90m | no data | |
| Chairman | 12yrs | no data | 1.78% ₹170.5m | |
| Independent Director | 8.17yrs | no data | no data | |
| Independent Director | 14.17yrs | no data | no data | |
| Independent Director | 11.67yrs | no data | no data | |
| Independent Director | 5yrs | no data | 0.00025% ₹23.9k | |
| Women Independent Director | 0.17yr | no data | no data |
8.2yrs
Average Tenure
73.5yo
Average Age
Experienced Board: 520051's board of directors are considered experienced (8.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Jamna Auto Industries Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Jamna Auto Industries Limited
- Ticker: 520051
- Exchange: BSE
- Founded: 1954
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹9.563b
- Shares outstanding: 398.46m
- Website: https://www.jaispring.com
Location
- Jamna Auto Industries Limited
- 2, Park Lane
- Kishangarh
- New Delhi
- Delhi
- 110070
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 520051 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 2002 |
| JAMNAAUTO | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 2002 |
Biography
Jamna Auto Industries Limited manufactures and sells tapered leafs and parabolic springs in India and internationally. It offers tapered multileaf springs that are used in commercial vehicles and special application vehicles. The company also provides rear air suspensions used in city and intercity buses; steerable/non steerable lift axles; and bogie suspensions that are used in on-off highway applications. Jamna Auto Industries Limited was founded in 1954 and is based in New Delhi, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 12:45 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.