Jamna Auto Industries Ltd
About
Jamna Auto Industries (JAI) was established by Bhupinder Singh Jauhar in 1954 as a small shop in Yamuna Nagar, Haryana. Today, it produces suspension solutions for commercial vehicles and is one of the major producers of leaf and parabolic springs globally, with a production capacity of 300,000 metric tonnes per annum. Additionally, JAI produces lift axles and air suspensions for original equipment manufacturers (OEMs), the export market, and the replacement market. It supplies products for both light and heavy commercial vehicles, as well as buses and mining. JAI’s spare parts are distributed through a network of over 300 distributors, 11,500 stores, and 15,000 mechanics. JAI exports approximately 800 parts to 15 markets, including Germany, Nepal, the UAE, Russia, and the US. Within India, the company owns 10 manufacturing plants in areas like Jamshedpur, Malanpur, and Yamuna Nagar and has served clients like Ashok Leyland, Tata Motors, and Bharat Benz.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2469 4.0% | 2375 34.3% | 1768 56.3% | 1131 5.2% | 1076 -51.5% | 2216 27.0% | 1745 33.4% | 1308 3.5% | 1265 14.2% | 1107 31.9% | 839 -15.5% | 994 -12.1% | 1130 24.4% | 909 48.5% | 612 31.6% | 465 - |
| Net Operating Income (INR Cr) | 2427 4.36% | 2325 35.36% | 1718 59.14% | 1079 -4.38% | 1129 -47.12% | 2135 22.82% | 1738 34.48% | 1292 2.92% | 1256 14.68% | 1095 31.41% | 833 -14.98% | 980 -12.46% | 1120 23.96% | 903 47.34% | 613 33.48% | 459 -1.66% |
| Profit (INR Cr) | 205 22.0% | 168 19.6% | 141 93.0% | 73 52.4% | 48 -65.2% | 137 9.7% | 125 19.4% | 105 46.8% | 72 143.4% | 29 112.3% | 14 -50.1% | 28 -34.3% | 42 13.4% | 37 94.7% | 19 - | -13 - |
| Assets (INR Cr) | 1099 30.8% | 840 -7.5% | 909 22.9% | 740 5.9% | 699 28.9% | 542 5.7% | 513 19.5% | 429 62.1% | 265 -0.5% | 266 -14.5% | 311 -9.6% | 344 0.8% | 341 20.3% | 284 41.6% | 200 -13.7% | 232 - |
| Net Worth (INR Cr) | 903 15.2% | 784 14.6% | 685 18.1% | 580 12.3% | 517 1.4% | 510 20.2% | 424 27.4% | 333 37.2% | 243 23.5% | 196 9.2% | 180 5.2% | 171 12.1% | 153 16.6% | 131 67.7% | 78 15.6% | 68 0.7% |
| Employee Cost (INR Cr) | 169 16.2% | 145 16.5% | 125 11.5% | 112 -1.0% | 113 -28.5% | 158 23.9% | 128 18.5% | 108 14.4% | 94 36.0% | 69 15.6% | 60 -0.5% | 60 15.0% | 52 20.3% | 43 57.9% | 28 39.6% | 20 - |
| Interest Cost (INR Cr) | 5 | 3 | 4 | 7 | 18 | 28 | 20 | 14 | 20 | 18 | 24 | 27 | 19 | 22 | 26 | 36 |
| Cash & Bank Balance (INR Cr) | 80 | 57 | 27 | 41 | 4 | 25 | 12 | 15 | 8 | 11 | 14 | 15 | 15 | 12 | 17 | 14 |
| Total Debt (INR Cr) | 170 | 30 | 191 | 125 | 152 | 4 | 63 | 73 | 16 | 64 | 125 | 166 | 183 | 138 | 119 | 161 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 8.3% | 7.1% | 8.0% | 6.5% | 4.5% | 6.2% | 7.2% | 8.0% | 5.7% | 2.7% | 1.7% | 2.8% | 3.7% | 4.1% | 3.1% | - |
| Profit As % Of Assets | 18.7% | 20.0% | 15.5% | 9.9% | 6.9% | 25.4% | 24.4% | 24.5% | 27.0% | 11.0% | 4.5% | 8.1% | 12.4% | 13.1% | 9.5% | - |
| Profit As % Of Networth | 22.7% | 21.5% | 20.6% | 12.6% | 9.3% | 27.0% | 29.6% | 31.6% | 29.5% | 15.0% | 7.7% | 16.2% | 27.7% | 28.4% | 24.5% | - |
| Interest Cost to EBITDA % | 1.6% | 1.3% | 1.8% | 5.5% | 15.9% | 9.9% | 8.5% | 7.1% | 12.5% | 19.1% | 54.2% | 31.3% | 18.8% | 20.4% | 42.2% | 169.6% |
| Debt to Equity Ratio | 0.19 | 0.04 | 0.28 | 0.22 | 0.29 | 0.01 | 0.15 | 0.22 | 0.06 | 0.33 | 0.70 | 0.97 | 1.20 | 1.06 | 1.52 | 2.39 |
| RONW | 24.4% | 22.9% | 22.3% | 13.3% | 9.3% | 29.5% | 33.1% | 35.8% | 28.3% | 11.6% | 0.5% | 10.9% | 15.4% | 20.3% | 20.2% | - |
| ROCE | 29.7% | 26.6% | 23.7% | 15.1% | 14.5% | 46.1% | 43.9% | 45.3% | 41.9% | 18.5% | 6.2% | 13.7% | 16.8% | 24.8% | 24.1% | 0.0% |