On 6 Nov 2026, Jamna Auto Industries was priced at ₹136.94, or 23.4× trailing earnings, against an industry P/E of 25.6×, and the shares are 11% below their 52-week high. Its ROCE of 28% is the highest among the 7 largest Auto Parts peers, and sales and net profit grew 4.1% and 11% a year over 3 years. Its dividend yield is 1.8%, and debt is 0.13× equity. It is a small-cap company with a market cap of ₹5,479 Cr, ranked 39th of 140 Auto Parts companies by market cap; the shares rose 45% over the past year.
- ₹132.10
- ₹137.50
- ₹132.10
- ₹135.29
- 21 L
Health check
- ReturnsAhead
+45.1% over a year, better than 5 of 7 peers.
- Price tagIn line
P/E 23.4 vs industry 25.6.
- GrowthSlow
Sales +4.1%, profit +11.1% a year over 3 years.
- ProfitabilityStrong
ROCE 28.0% vs peer median 15.6%.
- Balance sheetSolid
Debt 0.13× equity, interest covered 25.3×, Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹5,479 Cr
- Small cap
- P/E
- 23.4
- Industry 25.6
- Price to book
- 4.76
- Peers 8.75
- Dividend yield
- 1.83%
- ROE
- 21.6%
- Peers 12.3%
- ROCE
- 28.0%
- Peers 15.6%
- Debt to equity
- 0.13
- Debt ₹150 Cr
- EPS (TTM)
- ₹5.85
- Face value ₹1
- OPM (TTM)
- 15.3%
- Net margin 8.8%
- Sales growth
- +6.7%
- Latest quarter vs a year ago
- Profit growth
- +6.1%
- Latest quarter vs a year ago
- Price to sales
- 2.07
- EV/EBITDA 13.7
Strengths and risks
Strengths
- Return on equity of 21.6%.
- Return on capital employed of 28.0%.
- Positive operating cash flow in each of the last 4 years.
About Jamna Auto Industries
Jamna Auto Industries Limited engages in manufacturing and selling of tapered leaf, parabolic springs, and lift axles in India and internationally. It offers parabolic and conventional leaf springs for commercial vehicles. The company also provides spring allied components, including U bolts, bolts with nuts, spring pins, bushes, and hanger shackles; lift axle allied components comprising air springs, steer dampers, bushes, wear washers, male elbows,…
- Headquarters
- Faridabad
- Employees
- 1,107
- Sector
- Consumer Cyclical
- ISIN
- INE039C01032
- Website
- jaispring.com
Price range
- Avg volume (3M)
- 24.8 L
- 1-year return
- plus 45.1%
- From 52-week high
- minus 11.1%
Peers · Auto Parts
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTHERSONSamvardhana Motherson International | 158.55 | minus 5.62% | 1,68,549 | 35.4 | 3.70 | 11.5% | 10.2% | 9.6% | 17.1% | 37.2% | 0.32% | plus 60.8% |
| BOSCHLTDBosch | 50,700.00 | minus 3.38% | 1,49,545 | 54.2 | 19.50 | 24.2% | 19.4% | 13.4% | 10.3% | 24.8% | 0.53% | plus 38.6% |
| UNOMINDAUNO Minda | 1,326.00 | minus 0.67% | 76,572 | 58.1 | 11.21 | 20.5% | 19.1% | 11.0% | 20.5% | 22.3% | 0.22% | plus 6.6% |
| SONACOMSSona BLW Precision Forgings | 900.00 | minus 1.67% | 56,266 | 75.0 | 8.75 | 13.2% | 11.9% | 23.2% | 18.8% | 17.4% | 0.40% | plus 89.2% |
| SCHAEFFLERSchaeffler India | 3,519.70 | minus 1.17% | 55,014 | 41.9 | 8.97 | 25.7% | 20.2% | 17.9% | 12.3% | 9.4% | 0.99% | minus 13.9% |
| MRFMRF | 1,25,295.00 | minus 0.50% | 53,139 | 22.0 | 2.53 | 15.6% | 12.3% | 15.1% | 10.6% | 46.7% | 0.19% | minus 20.3% |
| BALKRISINDBalkrishna Industries | 2,410.00 | plus 0.34% | 46,589 | 32.7 | 4.25 | 13.8% | 11.6% | 21.1% | 3.6% | 5.5% | 0.71% | plus 1.6% |
| JAMNAAUTOJamna Auto Industries | 136.94 | plus 1.22% | 5,479 | 23.4 | 4.76 | 28.0% | 21.6% | 15.3% | 4.1% | 11.1% | 1.83% | plus 45.1% |
| Median of 7 peers | – | −1.17% | 56,266 | 41.9 | 8.75 | 15.6% | 12.3% | 15.1% | 12.3% | 22.3% | 0.40% | 6.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 573 | 531 | 668 | 840 | 611 | |
| 497 | 462 | 554 | 703 | 526 | |
| 76.3 | 68.9 | 114 | 137 | 85.1 | |
| 13.3% | 13.0% | 17.1% | 16.3% | 13.9% | |
| 2 | 3 | 3.1 | 1.3 | 2.8 | |
| 0.7 | 2.5 | 4.6 | 5.4 | 4 | |
| 13.1 | 13.2 | 17.4 | 16.9 | 18.2 | |
| – | – | −11.9 | – | – | |
| 64.5 | 56.3 | 83.1 | 116 | 65.7 | |
| 29.1% | 29.4% | 29.9% | 24.7% | 26.2% | |
| 45.7 | 39.7 | 58.2 | 87.3 | 48.5 | |
| 1.14 | 1.00 | 1.46 | 2.18 | 1.21 |
Profit & loss
- Sales CAGR 3Y
- +4.1%
- Profit CAGR 3Y
- +11.1%
- EPS CAGR 3Y
- +11.1%
- ROE
- 21.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,272 | 2,372 | 2,224 | 2,564 | |
| – | +4.4% | minus 6.2% | +15.3% | |
| 1,999 | 2,039 | 1,913 | 2,159 | |
| 273 | 333 | 311 | 405 | |
| 12.0% | 14.0% | 14.0% | 15.8% | |
| 0.6 | 1.1 | 0.7 | 0.9 | |
| 2.8 | 4.6 | 4.6 | 13.2 | |
| 41 | 44.2 | 47.9 | 61.1 | |
| −0.4 | −1.5 | −3.2 | −11.4 | |
| 229 | 283 | 256 | 320 | |
| 26.6% | 27.5% | 29.5% | 27.8% | |
| 168 | 205 | 180 | 231 | |
| – | +22.0% | minus 12.2% | +28.1% | |
| 4.21 | 5.14 | 4.51 | 5.77 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 39.9 | 39.9 | 39.9 | 40 | |
| 744 | 863 | 953 | 1,107 | |
| 30.2 | 170 | 140 | 11.9 | |
| 226 | 277 | 391 | 489 | |
| 1,040 | 1,350 | 1,525 | 1,648 | |
| 541 | 670 | 819 | 1,011 | |
| 108 | 203 | 316 | 166 | |
| 0 | 2 | 5 | 0 | |
| 51 | 73.4 | 140 | 105 | |
| 341 | 402 | 244 | 366 | |
| 1,040 | 1,350 | 1,525 | 1,648 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 374 | 90 | 289 | 510 | |
| −88.1 | −160 | −189 | −245 | |
| −257 | 92.4 | −33.9 | −302 | |
| 28.5 | 22.4 | 66.3 | −37.4 | |
| −88.5 | −163 | −196 | −257 | |
| 285 | −73.5 | 92.6 | 254 | |
| −71.7 | −87.7 | −91.7 | −83.8 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 8.3% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.