JTEKT India Ltd
About
JTEKT India Limited, originally called Sona Koyo Steering Systems, operates under JTEKT Group India, a part of the Japanese JTEKT Corporation. The company is associated with the production, distribution, and sale of steering systems, including steering gears, hydraulic and electric power steerings, axle assemblies, columns, and RPS assemblies, along with other auto ancillaries. JTEKT India’s manufacturing activities are strategically situated in Bawal, Dharuhera, Gurgaon, Sanand, and Sriperumbudur to allow access to significant auto clusters and customers across the country. Its primary clients include prominent Indian vehicle manufacturers like Tata Motors, Maruti Suzuki, Honda, Toyota, and Mahindra & Mahindra, among others. With the help of its international partners and other JTEKT group companies, JTEKT India is able to export its products to the US, Europe, and Japan as well.
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) | 2273 10.4% | 2058 28.1% | 1606 19.4% | 1346 -11.3% | 1517 -14.1% | 1764 15.6% | 1526 24.0% | 1230 -19.9% | 1536 -1.6% | 1560 1.2% | 1541 4.4% | 1476 4.0% | 1420 15.7% | 1227 42.1% | 864 23.7% | 698 - |
| Net Operating Income (INR Cr) | 2245 9.86% | 2044 28.65% | 1589 19.19% | 1333 -11.76% | 1511 -13.88% | 1754 15.45% | 1519 25.41% | 1211 -20.21% | 1518 -2.23% | 1553 4.06% | 1492 2.21% | 1460 2.73% | 1421 17.77% | 1207 41.51% | 853 23.24% | 692 1.22% |
| Profit (INR Cr) | 107 31.3% | 81 120.5% | 37 214.7% | 12 -61.2% | 30 -58.4% | 73 14.1% | 64 72.5% | 37 -0.2% | 37 -2.2% | 38 -44.1% | 68 77.9% | 38 -21.8% | 49 9.1% | 45 163.4% | 17 - | -32 - |
| Assets (INR Cr) | 946 17.6% | 805 8.4% | 743 8.8% | 683 -3.7% | 709 -12.9% | 815 1.0% | 807 23.1% | 655 -15.3% | 774 7.3% | 721 -1.9% | 735 -0.5% | 739 13.3% | 652 10.1% | 592 10.8% | 535 12.4% | 476 - |
| Net Worth (INR Cr) | 822 12.0% | 703 11.2% | 632 5.6% | 599 0.5% | 596 0.5% | 593 8.9% | 544 42.2% | 383 10.3% | 347 7.4% | 323 4.7% | 309 17.8% | 262 9.6% | 239 16.3% | 206 16.8% | 176 5.6% | 167 -8.2% |
| Employee Cost (INR Cr) | 226 4.6% | 216 6.2% | 204 4.6% | 195 -8.8% | 214 10.2% | 194 9.2% | 178 22.4% | 145 -13.0% | 167 14.3% | 146 8.6% | 134 6.6% | 126 11.7% | 113 27.1% | 89 50.3% | 59 7.2% | 55 - |
| Interest Cost (INR Cr) | 6 | 5 | 4 | 5 | 10 | 16 | 21 | 25 | 32 | 31 | 39 | 41 | 46 | 44 | 36 | 32 |
| Cash & Bank Balance (INR Cr) | 75 | 57 | 80 | 75 | 62 | 124 | 84 | 3 | 36 | 18 | 3 | 3 | 12 | 12 | 6 | 4 |
| Total Debt (INR Cr) | 115 | 62 | 71 | 49 | 78 | 188 | 232 | 249 | 307 | 292 | 341 | 410 | 358 | 344 | 325 | 274 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 4.7% | 4.0% | 2.3% | 0.9% | 2.0% | 4.1% | 4.2% | 3.0% | 2.4% | 2.4% | 4.4% | 2.6% | 3.4% | 3.6% | 2.0% | - |
| Profit As % Of Assets | 11.3% | 10.1% | 5.0% | 1.7% | 4.3% | 8.9% | 7.9% | 5.6% | 4.8% | 5.3% | 9.2% | 5.2% | 7.5% | 7.5% | 3.2% | - |
| Profit As % Of Networth | 13.0% | 11.6% | 5.8% | 2.0% | 5.1% | 12.3% | 11.7% | 9.7% | 10.7% | 11.7% | 21.9% | 14.5% | 20.4% | 21.7% | 9.6% | - |
| Interest Cost to EBITDA % | 2.8% | 2.6% | 3.1% | 4.6% | 7.3% | 7.0% | 10.1% | 17.3% | 16.4% | 14.4% | 22.0% | 25.0% | 26.3% | 29.9% | 44.0% | 501.7% |
| Debt to Equity Ratio | 0.14 | 0.09 | 0.11 | 0.08 | 0.13 | 0.32 | 0.43 | 0.65 | 0.88 | 0.90 | 1.11 | 1.56 | 1.49 | 1.67 | 1.85 | 1.64 |
| RONW | 13.7% | 13.1% | 7.4% | 2.3% | 5.9% | 13.8% | 14.8% | 11.1% | 14.4% | 18.7% | 19.3% | 15.7% | 22.6% | 21.7% | 7.7% | - |
| ROCE | 17.4% | 16.0% | 9.7% | 3.8% | 7.2% | 17.4% | 17.7% | 12.5% | 15.8% | 18.3% | 16.5% | 16.6% | 21.2% | 20.8% | 12.2% | 0.0% |