JTEKT India Financial Statements

JTEKT India Nine Monthly Results

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2021 Mar-2020 Mar-2018 Mar-2017
Growth matrix (%)        
Revenue growth (12) 20.40 3.56 (20)
Op profit growth (25) (14) 8.92 (25)
EBIT growth (52) (46) 19.70 (27)
Net profit growth (61) (37) 30.60 (0.20)
Profitability ratios (%)        
OPM 7.71 9.06 12.60 12
EBIT margin 1.89 3.50 7.74 6.70
Net profit margin 0.88 2 3.85 3.05
RoCE 3.65 6.94 13 11
RoNW 0.49 1.33 2.60 2.53
RoA 0.42 0.99 1.62 1.25
Per share ratios ()        
EPS 0.56 1.44 3.44 2.04
Dividend per share 0.15 0.35 0.50 0.50
Cash EPS (2.90) (2.60) (1.50) (2.10)
Book value per share 24.50 24.40 27.40 19.30
Valuation ratios        
P/E 150 27.90 28.60 40
P/CEPS (29) (16) (68) (39)
P/B 3.44 1.65 3.60 4.24
EV/EBIDTA 18.80 6.85 12.10 11.70
Payout (%)        
Dividend payout -- -- 20.60 26.90
Tax payout (33) (18) (31) (28)
Liquidity ratios        
Debtor days 61.30 54.60 60 55.70
Inventory days 33.70 26.40 27.30 27.60
Creditor days (52) (44) (61) (63)
Leverage ratios        
Interest coverage (5.30) (5.30) (4.70) (3.20)
Net debt / equity -- 0.03 0.27 0.64
Net debt / op. profit (0.30) 0.12 0.93 1.69
Cost breakup ()        
Material costs (69) (67) (65) (65)
Employee costs (15) (14) (12) (12)
Other costs (8.90) (9.60) (10) (11)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2021 Mar-2020 Mar-2018 Mar-2017
Revenue 1,333 1,511 1,255 1,211
yoy growth (%) (12) 20.40 3.56 (20)
Raw materials (917) (1,015) (811) (787)
As % of sales 68.80 67.20 64.70 65
Employee costs (195) (214) (156) (145)
As % of sales 14.60 14.10 12.40 12
Other costs (119) (145) (129) (134)
As % of sales 8.89 9.62 10.30 11
Operating profit 103 137 159 146
OPM 7.71 9.06 12.60 12
Depreciation (83) (93) (77) (79)
Interest expense (4.70) (9.90) (21) (25)
Other income 5.46 8.81 15.70 14.40
Profit before tax 20.50 43 76.20 55.90
Taxes (6.80) (7.80) (23) (15)
Tax rate (33) (18) (31) (28)
Minorities and other (2) (4.90) (4.60) (3.50)
Adj. profit 11.70 30.30 48.30 37
Exceptional items -- -- -- --
Net profit 11.70 30.30 48.30 37
yoy growth (%) (61) (37) 30.60 (0.20)
NPM 0.88 2 3.85 3.05
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2021 Mar-2020 Mar-2018 Mar-2017
Profit before tax 20.50 43 76.20 55.90
Depreciation (83) (93) (77) (79)
Tax paid (6.80) (7.80) (23) (15)
Working capital 146 165 128 (32)
Other operating items -- -- -- --
Operating cashflow 76.90 107 104 (71)
Capital expenditure 182 84.10 (155) (405)
Free cash flow 259 191 (51) (476)
Equity raised 753 765 728 625
Investments (30) (30) (30) 102
Debt financing/disposal (75) (76) (5) 13.50
Dividends paid -- -- 9.94 9.94
Other items -- -- -- --
Net in cash 907 851 653 274
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2021 Mar-2020 Mar-2019 Mar-2018
Equity capital 24.50 24.50 24.50 24.40
Preference capital -- -- -- --
Reserves 574 571 568 520
Net worth 599 596 593 544
Minority interest
Debt 48.50 78.10 188 232
Deferred tax liabilities (net) 2.97 6.17 16.10 20.10
Total liabilities 676 706 822 817
Fixed assets 435 490 543 574
Intangible assets
Investments -- -- -- --
Deferred tax asset (net) 6 4.09 4.93 6.13
Net working capital 160 150 150 153
Inventories 131 115 113 104
Inventory Days 35.90 27.80 -- 30.20
Sundry debtors 254 194 268 258
Debtor days 69.50 46.90 -- 75.10
Other current assets 34.90 29.70 36.20 30.50
Sundry creditors (204) (144) (216) (191)
Creditor days 55.90 34.70 -- 55.50
Other current liabilities (56) (45) (50) (49)
Cash 74.80 62.20 124 84.20
Total assets 676 706 822 817
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Dec-2020 Dec-2019 Dec-2018 Dec-2016 Dec-2015
Gross Sales 862 1,145 1,279 1,121 1,111
Excise Duty -- -- -- -- --
Net Sales 862 1,145 1,279 1,121 1,111
Other Operating Income -- -- -- 10.20 5.93
Other Income 4.46 7.21 8.78 5.08 4.53
Total Income 867 1,152 1,287 1,136 1,122
Total Expenditure ** 816 1,092 1,126 990 983
PBIDT 51 60.50 161 146 139
Interest 3.70 8.32 11.40 22.40 23.30
PBDT 47.30 52.20 150 124 115
Depreciation 62.90 20.90 71.80 76.10 73.20
Minority Interest Before NP -- -- -- -- --
Tax 2.13 13.10 31.20 25.60 22.60
Deferred Tax (4.70) (6.30) (4.40) (8.10) (7.40)
Reported Profit After Tax (13) 24.50 51 30.20 27
Minority Interest After NP 0.60 3.29 3.83 9.89 11.60
Net Profit after Minority Interest (14) 21.20 47.10 20.30 15.30
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item (14) 21.20 47.10 20.30 15.30
EPS (Unit Curr.) (0.60) 0.87 1.93 1.02 0.77
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 24.50 24.50 24.50 19.90 19.90
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 5.92 5.29 12.60 13 12.50
PBDTM(%) 5.49 4.56 11.70 11 10.40
PATM(%) (1.50) 2.14 3.99 2.69 2.43
Open ZERO Brokerage Demat Account