A breakout is evident in a small-cap investment made by an experienced investment banker Mukul Aggarwal. In this way, the stock of a small-cap firm that is owned by Mukul Aggarwal has reached an all-time high in 52 weeks.
Mukul Aggarwal has a 1.61 percent share in the small-cap firm JETKT India Limited (NSE: JTEKTINDIA). Mukul Aggarwal has 39.45 lakh shares in the JTEKT India Limited Company.
JTEKT India is a company which is owned by Mukul Aggarwal and whose shares have yielded a 16 percent return to investors over the past five days and a return of 25 percent in the last month.
JTEKT shares have returned an average of 22 percent in the past six months. In the Corona crisis, the stocks of JTEKT India Limited had gone down to the price of Rs 36.
The shares of JTEKT India Limited rose by more than 8.5 percent on Tuesday and hit a peak of 173. Investors received a profit in the range of 400.
Shares of JTEKT India Limited, which was operating at Rs 11 on the 16th of January in 2004, have provided an impressive yield of 1431 percent for investors.
Shares of JTEKT that are owned by a veteran investor in the stock market Mukul Agrawal, dropped to a minimum of 168, in December 2022.
The 52-week peak of shares in JTEKT India Limited, with an estimated market capitalization of 4170 crore and a market cap of Rs 170, the 52-week low is at Rs 95.
JTEKT India Limited, established in 1984, produces control systems designed for use in passenger vehicles and utilitarian vehicles.
The company is present in India through a technical partnership and technical collaboration with JTEKT Corporation of Japan.
The customers of JTEKT include companies such as Maruti Suzuki, Toyota, Tata Motors, Mahindra & Mahindra, Isuzu Motors, Honda along Renault Nishan.
About JTEKT India Ltd
JTEKT India Limited, formerly called Sona Koyo Steering Systems is an integral part of JTEKT Corporation Japan and operates as a member of JTEKT Group India.
It is mostly involved in the production of steering systems that are used in the automobile and utility vehicle segments. It includes bearings, steering, and machine tools in India.
The main customers are large automotive makers in India including Maruti Suzuki, Toyota, Honda, Tata Motors, Mahindra & Mahindra, and numerous others.
In India, there are seven strategically placed plants spread in Gurgaon, Bawal, Dharuhera, Sanand, and Sriperumbudur, and export top-quality precision products to countries like the USA, Europe, and Japan.
It is planning to bring into India its proprietary technology to meet the ever-changing demands and changing customer needs.
The company will broaden its efforts to be a leading manufacturing and distribution center in India. It is determined to establish India as a central point of operation in South Asia.
Fundamental Analysis of JTEKT India Ltd
| Market Cap | ₹ 4,391 Cr. |
| Current Price | ₹ 180 |
| 52-wk High | ₹ 182 |
| 52-wk Low | ₹ 95.2 |
| Stock P/E | 56.0 |
| Book Value | ₹ 30.0 |
| Dividend | 0.27 % |
| ROCE | 15.9 % |
| ROE | 12.4 % |
| Face Value | ₹ 1.00 |
| P/B Value | 5.98 |
| OPM | 8.88 % |
| EPS | ₹ 3.42 |
| Debt | ₹ 69.0 Cr. |
| Debt to Equity | 0.09 |
JTEKT India Ltd Shareholding Pattern
| Promoters Holding | |
| Sept 2022 | 73.97% |
| Dec 2022 | 73.97% |
| Mar 2023 | 73.97% |
| June 2023 | 73.97% |
| Sept 2023 | 73.97% |
| FII Holding | |
| Sept 2022 | 3.99% |
| Dec 2022 | 3.95% |
| Mar 2023 | 3.84% |
| June 2023 | 0.32% |
| Sept 2023 | 0.41% |
| DII Holding | |
| Sept 2022 | 4.48% |
| Dec 2022 | 4.45% |
| Mar 2023 | 4.55% |
| June 2023 | 7.68% |
| Sept 2023 | 8.50% |
| Public Holding | |
| Sept 2022 | 17.55% |
| Dec 2022 | 17.62% |
| Mar 2023 | 17.63% |
| June 2023 | 18.04% |
| Sept 2023 | 17.12% |
JTEKT India Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 1,754 Cr |
| 2020 | ₹ 1,511 Cr |
| 2021 | ₹ 1,333 Cr |
| 2022 | ₹ 1,589 Cr |
| 2023 | ₹ 2,063 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 78 Cr |
| 2020 | ₹ 35 Cr |
| 2021 | ₹ 14 Cr |
| 2022 | ₹ 41 Cr |
| 2023 | ₹ 90 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.23 |
| 2020 | 0.08 |
| 2021 | 0.06 |
| 2022 | 0.11 |
| 2023 | 0.08 |
Last 10 Years’ Profit Growth:
| 10 Years: | 8% |
| 5 Years: | 6% |
| 3 Years: | 40% |
| Current Year: | 4% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 10% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| Last Year: | 12% |
Sales Growth Over 10 Years:
| 10 Years: | 3% |
| 5 Years: | 6% |
| 3 Years: | 11% |
| Current Year: | 7% |
Company’s Positive Signs:
- This company has no debt.
- This company kept an impressive payout of 24.3 percent.
Company’s Negative Signs:
- The company price of the stock is 5.96 times the book value.
- Over the past 5 years, the company has had the lowest growth in sales at 6.11 percent.
- The company has had a very low yield on equity 7.19 percent in the last three years.
Conclusion
This article is a complete guide about JTEKT India Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential. Hopefully, these informations will help you in your further investment.
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