Loading...

Jamna Auto Industries

BSE:520051
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
520051
BSE
₹21B
Market Cap
Add to portfolio
  1. Home
    2. ›
  2. IN
    3. ›
  3. Automobiles
Last updated 2019/06/26 12:38
Company description

Jamna Auto Industries Limited manufactures and sells tapered leafs and parabolic springs in India and internationally. The last earnings update was 36 days ago. More info.

Find similar companies

Add to Portfolio Compare Print
520051 Share Price and Events
7 Day Returns
0.7%
BSE:520051
0.3%
IN Auto Components
1%
IN Market
1 Year Returns
-34.8%
BSE:520051
-22.3%
IN Auto Components
1%
IN Market
520051 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jamna Auto Industries (520051) 0.7% -10.8% -9.8% -34.8% 55.3% 349.8%
IN Auto Components 0.3% -4.9% -10.5% -22.3% 12.1% 53.4%
IN Market 1% -2.1% -0.7% 1% 30.4% 35.1%
1 Year Return vs Industry and Market
  • 520051 underperformed the Auto Components industry which returned -22.3% over the past year.
  • 520051 underperformed the Market in India which returned 1% over the past year.
Price Volatility
520051
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Jamna Auto Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Jamna Auto Industries to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Jamna Auto Industries.

BSE:520051 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 17.3%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:520051
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.2
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.205 (1 + (1- 35%) (0.17%)) 		1.138
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 1.14
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.138 * 8.6%) 		17.34%

Discounted Cash Flow Calculation for BSE:520051 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Jamna Auto Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:520051 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 17.34%)
2019 817.00 Analyst x1 696.29
2020 595.50 Analyst x2 432.53
2021 1,452.00 Analyst x1 898.80
2022 1,812.39 Est @ 24.82% 956.13
2023 2,168.33 Est @ 19.64% 974.89
2024 2,515.53 Est @ 16.01% 963.88
2025 2,854.46 Est @ 13.47% 932.15
2026 3,188.34 Est @ 11.7% 887.34
2027 3,521.60 Est @ 10.45% 835.28
2028 3,859.04 Est @ 9.58% 780.08
Present value of next 10 years cash flows ₹8,357.37
BSE:520051 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹3,859.04 × (1 + 7.55%) ÷ (17.34% – 7.55%) 		₹42,408.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹42,408.23 ÷ (1 + 17.34%)10 		₹8,572.53
BSE:520051 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹8,357.37 + ₹8,572.53 		₹16,929.90
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹16,929.90 / 398.46 		₹42.49
BSE:520051 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹42.49
Current discount Discount to share price of ₹53.50
= -1 x (₹53.50 - ₹42.49) / ₹42.49 		-25.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Jamna Auto Industries is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Jamna Auto Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jamna Auto Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:520051 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹3.45
BSE:520051 Share Price ** BSE (2019-06-26) in INR ₹53.5
India Auto Components Industry PE Ratio Median Figure of 102 Publicly-Listed Auto Components Companies 14.97x
India Market PE Ratio Median Figure of 2,825 Publicly-Listed Companies 15.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Jamna Auto Industries.

BSE:520051 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:520051 Share Price ÷ EPS (both in INR)

= 53.5 ÷ 3.45

 15.51x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jamna Auto Industries is overvalued based on earnings compared to the IN Auto Components industry average.
  • Jamna Auto Industries is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Jamna Auto Industries's expected growth come at a high price?
Raw Data
BSE:520051 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts		 12.1%per year
India Auto Components Industry PEG Ratio Median Figure of 32 Publicly-Listed Auto Components Companies 1.24x
India Market PEG Ratio Median Figure of 523 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

BSE:520051 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.51x ÷ 12.1%

 1.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jamna Auto Industries is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Jamna Auto Industries's assets?
Raw Data
BSE:520051 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹12.83
BSE:520051 Share Price * BSE (2019-06-26) in INR ₹53.5
India Auto Components Industry PB Ratio Median Figure of 112 Publicly-Listed Auto Components Companies 1.63x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 0.96x
BSE:520051 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:520051 Share Price ÷ Book Value per Share (both in INR)

= 53.5 ÷ 12.83

 4.17x

* Primary Listing of Jamna Auto Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jamna Auto Industries is overvalued based on assets compared to the IN Auto Components industry average.
X
Value checks
We assess Jamna Auto Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
    5. Jamna Auto Industries has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Jamna Auto Industries expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jamna Auto Industries expected to grow at an attractive rate?
  • Jamna Auto Industries's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Jamna Auto Industries's earnings growth is positive but not above the India market average.
  • Jamna Auto Industries's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:520051 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:520051 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 12.1%
BSE:520051 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 8.4%
India Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 13.9%
India Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 9.2%
India Market Earnings Growth Rate Market Cap Weighted Average 16.7%
India Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:520051 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:520051 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 25,345 2,372 1,771 4
2020-03-31 23,829 1,881 1,653 4
BSE:520051 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 21,348 1,375
2018-12-31 22,084 1,508
2018-09-30 21,845 1,540
2018-06-30 20,289 1,479
2018-03-31 17,382 1,262 1,253
2017-12-31 15,160 1,134
2017-09-30 13,494 1,028
2017-06-30 12,378 950
2017-03-31 12,925 808 1,050
2016-12-31 12,826 972
2016-09-30 12,598 918
2016-06-30 13,014 861

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jamna Auto Industries's earnings are expected to grow by 12.1% yearly, however this is not considered high growth (20% yearly).
  • Jamna Auto Industries's revenue is expected to grow by 8.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:520051 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Jamna Auto Industries Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:520051 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 4.44 4.65 3.90 4.00
2020-03-31 4.15 4.50 3.90 4.00
BSE:520051 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 3.45
2018-12-31 3.82
2018-09-30 3.86
2018-06-30 3.72
2018-03-31 3.15
2017-12-31 2.83
2017-09-30 2.61
2017-06-30 2.39
2017-03-31 2.64
2016-12-31 2.44
2016-09-30 2.31
2016-06-30 2.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Jamna Auto Industries is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Jamna Auto Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Jamna Auto Industries has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Jamna Auto Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Jamna Auto Industries's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Jamna Auto Industries has delivered over 20% year on year earnings growth in the past 5 years.
  • Jamna Auto Industries's 1-year earnings growth is less than its 5-year average (9.7% vs 39.4%)
  • Jamna Auto Industries's earnings growth has exceeded the IN Auto Components industry average in the past year (9.7% vs 5.5%).
Earnings and Revenue History
Jamna Auto Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Jamna Auto Industries Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:520051 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 21,348.12 1,374.51 1,580.35
2018-12-31 22,083.79 1,508.05 1,765.68
2018-09-30 21,845.27 1,539.73 1,651.85
2018-06-30 20,289.37 1,479.03 1,411.13
2018-03-31 17,382.07 1,253.06 1,425.07
2017-12-31 15,160.07 1,133.68 1,227.09
2017-09-30 13,493.55 1,027.80 1,186.36
2017-06-30 12,377.62 949.74 1,143.92
2017-03-31 12,925.41 1,049.58 1,154.08
2016-12-31 12,826.05 971.84 1,168.20
2016-09-30 12,597.78 917.88 1,151.46
2016-06-30 13,013.72 860.86 1,024.44
2016-03-31 12,560.77 715.04 1,029.67
2015-12-31 12,333.01 587.88 1,371.42
2015-09-30 12,131.26 487.34 1,290.03
2015-06-30 11,289.26 367.42 725.34
2015-03-31 10,952.51 292.52 772.43
2014-12-31 9,960.82 166.23 1,090.97
2014-09-30 9,017.96 29.16 1,074.95
2014-06-30 8,372.36 -0.54 1,057.95
2014-03-31 8,343.87 134.56 1,083.86
2013-12-31 8,295.88 155.95 1,114.23
2013-09-30 8,929.68 269.55 1,117.63
2013-06-30 9,646.00 365.80 613.90
2013-03-31 9,816.78 272.14 1,104.28
2012-12-31 10,952.02 297.70 1,187.85
2012-09-30 11,140.92 339.50 1,173.25
2012-06-30 11,236.92 388.40 1,133.55

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Jamna Auto Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Jamna Auto Industries used its assets more efficiently than the IN Auto Components industry average last year based on Return on Assets.
  • Jamna Auto Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Show me more strong past performing companies in the Auto Components industry
X
Past performance checks
We assess Jamna Auto Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Jamna Auto Industries has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Jamna Auto Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Jamna Auto Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jamna Auto Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jamna Auto Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jamna Auto Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 164.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Jamna Auto Industries Company Filings, last reported 2 months ago.

BSE:520051 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 5,095.51 35.96 402.77
2018-12-31 4,731.00 2,557.03 275.20
2018-09-30 4,731.00 2,557.03 275.20
2018-06-30 4,238.88 472.15 335.11
2018-03-31 4,238.88 605.52 71.94
2017-12-31 3,601.34 2,350.54 254.22
2017-09-30 3,601.34 2,350.54 254.22
2017-06-30 3,330.52 730.94 145.38
2017-03-31 3,326.92 709.85 92.95
2016-12-31 2,910.25 1,657.36 126.88
2016-09-30 2,910.25 1,657.36 126.88
2016-06-30 2,425.49 98.24 80.23
2016-03-31 2,425.46 157.61 80.23
2015-12-31 2,251.00 537.07 142.96
2015-09-30 2,251.00 537.07 142.96
2015-06-30 1,964.28 263.25 107.28
2015-03-31 1,964.27 642.75 107.28
2014-12-31 1,874.94 680.50 124.70
2014-09-30 1,874.94 680.50 124.70
2014-06-30 1,816.09 1,252.82 137.10
2014-03-31 1,816.09 1,252.82 137.10
2013-12-31 1,937.02 1,951.50 146.30
2013-09-30 1,937.02 1,951.50 146.30
2013-06-30 1,745.02 1,224.70 200.60
2013-03-31 1,745.03 1,661.93 200.61
2012-12-31 1,758.21 1,695.90 112.60
2012-09-30 1,758.21 1,695.90 112.60
2012-06-30 1,560.94 1,827.32 95.33
  • Jamna Auto Industries's level of debt (0.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (69% vs 0.7% today).
  • Debt is well covered by operating cash flow (3509.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9x coverage).
Show me more healthy companies in the Auto Components industry
X
Financial health checks
We assess Jamna Auto Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Jamna Auto Industries has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Jamna Auto Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.78%
Current annual income from Jamna Auto Industries dividends. Estimated to be 2.43% next year.
If you bought ₹2,000 of Jamna Auto Industries shares you are expected to receive ₹36 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Jamna Auto Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.55%).
  • Jamna Auto Industries's dividend is below the markets top 25% of dividend payers in India (2.08%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:520051 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
India Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 81 Stocks 1%
India Market Average Dividend Yield Market Cap Weighted Average of 1447 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:520051 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 1.35 2.00
2020-03-31 1.25 2.00
BSE:520051 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-21 0.950 1.709
2018-11-12 1.050 1.770
2018-09-03 0.850 1.144
2017-05-22 0.800 1.184
2017-02-13 0.600 1.365
2016-11-09 0.600 1.672
2016-08-19 0.550 1.252
2015-05-19 0.220 0.864
2014-05-30 0.100 0.670
2013-06-03 0.200 3.112
2012-06-07 0.350 3.521
2012-01-31 0.200 1.721
2011-08-01 0.200 1.842
2011-02-03 0.200 1.515
2010-11-11 0.200 1.406

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jamna Auto Industries has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Jamna Auto Industries only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Jamna Auto Industries's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
X
Income/ dividend checks
We assess Jamna Auto Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Jamna Auto Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Jamna Auto Industries has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Jamna Auto Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pradeep Jauhar
COMPENSATION ₹94,964,467
AGE 54
TENURE AS CEO 3.1 years
CEO Bio

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 served as the Chief Operating Officer of Jamna Auto Industries Limited. Mr. Jauhar is a commerce graduate and has over 25 years of experience in the spring industry.

CEO Compensation
  • Pradeep's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Pradeep's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure of the Jamna Auto Industries management team in years:

2.3
Average Tenure
  • The tenure for the Jamna Auto Industries management team is about average.
Management Team

Pradeep Jauhar

TITLE
MD, CEO & Executive Director
COMPENSATION
₹95M
AGE
54
TENURE
3.1 yrs

Randeep Jauhar

TITLE
Vice Chairman
COMPENSATION
₹95M
AGE
57

Surinder Pal Kohli

TITLE
Executive Director
COMPENSATION
₹2M
TENURE
1.3 yrs

Pankaj Gupta

TITLE
Chief Financial Officer
TENURE
2.3 yrs

Praveen Lakhera

TITLE
Head of Legal
COMPENSATION
₹4M

Jatinder Pushkarna

TITLE
Head of After Market Exports & HR
TENURE
1.4 yrs

Sunil Laroiya

TITLE
President of International Business and Head R&D

Ashok Goyal

TITLE
Unit Head of Malanpur Plant

Sudheer Chandele

TITLE
Head of Manufacturing - Jamshedpur Plant

Sudhanshu Kulshrestha

TITLE
Head Marketing of OEM-India & Strategic Sourcing
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Jamna Auto Industries board of directors in years:

7.4
Average Tenure
72.5
Average Age
  • The tenure for the Jamna Auto Industries board of directors is about average.
Board of Directors

Bhupinder Jauhar

TITLE
Chairman
AGE
85
TENURE
11.3 yrs

Pradeep Jauhar

TITLE
MD, CEO & Executive Director
COMPENSATION
₹95M
AGE
54
TENURE
11.3 yrs

Randeep Jauhar

TITLE
Vice Chairman
COMPENSATION
₹95M
AGE
57
TENURE
3.1 yrs

Surinder Pal Kohli

TITLE
Executive Director
COMPENSATION
₹2M
TENURE
1.3 yrs

Uma Singhal

TITLE
Independent Director
COMPENSATION
₹170K
AGE
76
TENURE
13.4 yrs

Shashi Bansal

TITLE
Independent Director
COMPENSATION
₹140K
AGE
72
TENURE
10.9 yrs

Jainender Jain

TITLE
Independent Director
COMPENSATION
₹90K
AGE
73
TENURE
7.4 yrs

Rakesh Kalra

TITLE
Independent Director
COMPENSATION
₹20K
TENURE
4.3 yrs

Payal Chawla

TITLE
Independent Woman Director
COMPENSATION
₹40K
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Jamna Auto Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Jamna Auto Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

How Do Analysts See Jamna Auto Industries Limited's (BOM:520051) Margin Performing In The Next Few Years?

Jamna Auto Industries Limited (BOM:520051) to … earnings growth of 23.06% … it's necessary to take a moment

Simply Wall St - –

Best Growth Stocks To Buy Now

BSE:520051 Future Profit Apr 25th 18 Delta Corp Limited (BSE:532848) Delta Corp Limited operates in the gaming and entertainment, and hospitality businesses in India, Kenya, and internationally. … 532848’s projected future profit growth is a robust 31.93%, with an underlying 83.62% growth from its revenues expected over the upcoming years. … BSE:540376 Future Profit Apr 25th 18 For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.

Simply Wall St - –

Company Info

Description

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.

Details
Name: Jamna Auto Industries Limited
520051
Exchange: BSE
Founded: 1954
₹21,397,510,624
398,463,885
Website: http://www.jaispring.com
Address: Jamna Auto Industries Limited
2, Park Lane,
Kishangarh,
New Delhi,
Delhi, 110070,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 520051 Equity Shares Mumbai Stock Exchange IN INR 02. Jan 2002
NSEI JAMNAAUTO Equity Shares National Stock Exchange of India IN INR 02. Jan 2002
Number of employees
Current staff
Staff numbers
0
Jamna Auto Industries employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 12:38
End of day share price update: 2019/06/26 00:00
Last estimates confirmation: 2019/06/25
Last earnings filing: 2019/05/21
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

Related Companies

© 2019 Simply Wall Street Pty Ltd, Community Design 2845206, US Design Patent #29/544/281, European Design Registration #2845206, Standard & Poor’s Financial Services LLC. All rights reserved.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Copyright © 2019, Standard & Poor’s Financial Services LLC. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. (2019)