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JTEKT India Stock Fundamental Analysis - Financial Results & Equity Research | Invest Yadnya Stock-o-Meter

JTEKT India

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Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Cash Flows ( Figures in Rs. Crores.)

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Historical Growths

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Major Shareholders

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Shareholders more than 1%

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Fund houses invested in the stock (Figures in % Equity Capital )

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Documents

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Overview

JTEKT India Limited was formerly known as Sona Koyo Steering Systems and operates as part of JTEKT Group India as a  part of JTEKT Corporation Japan. It is involved in manufacturing / production, supply and sale of steering systems, steering gears, axle assemblies, columns and RPS assemblies and other auto ancillaries to most of the Indian car and utility vehicle manufacturers. JTKET’s major customers include large vehicle manufacturer companies in India such as Maruti Suzuki, Toyota, Honda, Tata Motors and Mahindra & Mahindra etc.

JTEKT India Limited exports high quality products to countries like the USA, Europe and Japan.

Services 

JTEKT Group India is trading across four major product technologies: Bearings, Driveline components, Steering systems and Machine tools. 

  • Manufactures Rack and Pinion Steering systems for manual, Hydraulic Power Steering, Driveline products & Others
  • Manufactures Column type Electric Power Steering which is a next generation technology for Automobiles.
  • Manufactures Jacket Assembly for CEPS and Manual Columns.
  • Manufactures Hub, Tapered Roller Bearings and Single Ball Bearings.
  • Provides Sales and Service for machine tools.

Mergers and acquisitions 

It’s a joint venture of JTEKT Sona Automotive India (JSAI), Sona FUJI KIKO Automotive, Arjan Stampings,  AAM Sona Axle and group companies  Sona Okegawa Precision Forgings, Sona BLW Präzisionsschmiede, Sona Somic Lemförder Components, Mahindra Sona, Sona Mobility Services (Sixt India)  and Sona e–Design and Technologies

JTEKT has a 69% share in the Company and the other major shareholder is Maruti Suzuki India with 5%.

Milestones & Awards 

  •  Acquired a position in Fuji Autotech France, SAS, the 4th largest steering system supplier in Europe.
  • In 2003 – Deming Application Prize
  • In 2004 – Technology Innovation Award by ACMA and Manufacturing Excellence Award by Frost & Sullivan
  • In 2005 – Best Tier – II Vendor Upgradation Award by MUL. 
  • In 2006 – Award for 'Best Efforts for Cost Optimisation' & 'Quick Response to Customer's Requirements' by Toyota.
  • In 2007 – TERI Environment Excellence Award,  National Training Award by ISTD, Golden Peacock National Training Award by Institute of Directors, TERI CSR Commendation for Strong Commitments.
  • In 2008  Corporate Gold Award, Qimpro Convention Award, Employer Branding Award for 'Best HR Strategy In Line With Business', Employer Branding Award for 'Innovation Retention Strategy'.
  • In 2012, two awards by Institute of Economic Studies (IES), one of India's premier research institutes.
  • In 2013 ACMA trophy for excellence in innovation
  • Largest producer of passenger vehicles' steering systems in the world.

 

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Brands Of JTEKT India

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