Jamna Auto Industries Limited, incorporated in 1965, is an India-based company engaged in the manufacture of diverse parts and accessories for motor vehicles. The Company is a leader in the business of manufacturing automotive suspension, which includes parabolic and tapered leaf springs, lift axles, and air suspension systems. It is India's largest manufacturer of parabolic springs and tapered leaf springs for commercial vehicles and was incorporated in 1954 with its headquarters in New Delhi.
The company operates through multiple manufacturing facilities strategically located across India, including Malanpur, Chennai, Yamuna Nagar, Jamshedpur, Hosur, Pillaipakkam, and Pune. This wide geographical presence allows the company to serve customers efficiently across the country and maintain strong relationships with major automotive manufacturers.
Jamna Auto Industries has established a strong market position with a significant market share of 62-65% in the commercial vehicle (CV) Original Equipment Manufacturers (OEMs) domestic market. This dominant position reflects the company's expertise in manufacturing quality automotive suspension components and its long-standing relationships with major commercial vehicle manufacturers.
The Company's extensive product offerings include:
- Conventional Leaf Spring
- Parabolic Leaf Spring
- Z-Spring
- Stabilizer Bar
- Bus Air Suspension
- Trailer Air Suspension
- Lift Axle
- Trailer Mechanical and Air Suspension with Lift Axle
- Trailer Mechanical Suspension
The company has also expanded its product range to include aftermarket products such as:
- Lift Axle Allied Components
- Trailer Allied Components
- Spring Allied Components
- Break Lining
- Trailer Axle
- Water Pump
- Clutch
- Bearing
- Jack rod
Jamna Auto Industries Ltd. has been focused on technological advancement and innovation. The company has tied up with US-based company Ridewell Corporation to introduce the latest technology in air suspension systems, ensuring world-class ride comfort for buses. This partnership demonstrates the company's commitment to incorporating advanced technologies and improving product quality to meet evolving customer demands.
As of recent market data, the market capitalization of Jamna Auto Industries Ltd is ₹3,597.60 Cr. The company is listed on both major Indian stock exchanges:
- Bombay Stock Exchange (BSE): 520051
- National Stock Exchange (NSE): JAMNAAUTO
Full Year FY2025 (Ended March 2025):
- Net Profit: ₹180.32 crore (declined 12.21% from ₹205.41 crore in FY2024)
- Sales: ₹2270.14 crore (declined 6.45% from ₹2426.77 crore in FY2024)
Quarter Ended March 2025 (Q4 FY2025):
- Net Profit: ₹50.32 crore (declined 8.12% from ₹54.77 crore in Q4 FY2024)
- Sales: ₹637.71 crore (declined 0.38% from ₹640.15 crore in Q4 FY2024)
- Revenue for FY2025: ₹2,270.14 crore
- Net Profit for FY2025: ₹180.32 crore
- Q4 FY2025 Revenue: ₹637.71 crore
- Q4 FY2025 Net Profit: ₹50.32 crore
- Market Capitalization: ₹3,597.60 crore (as per latest data)
The Board of Directors recommended an interim dividend of ₹1 per equity share (100%), subject to shareholder approval. The record date for this dividend for FY 2024-25 was 28 November 2024. The current dividend yield is 2.35%.
The company's stock has faced challenges over the past year:
- Last Six Months: Negative returns of -12.55%
- Past Year: Negative returns of -23.63%
The 52-week low for Jamna Auto Industries share price was ₹68.57, and the 52-week high was ₹149.66.
The company operates in the Consumer Discretionary sector, specifically within Automobile and Auto Components, under the Auto Components & Equipments category. It is part of several indices, including:
- BSE SmallCap
- BSE Allcap
- BSE Consumer Discretionary
- Nifty Microcap 250
- Nifty Total Market
The company's top management includes:
- Mr Randeep Singh Jauhar
- Mr Rakesh Kalra
- Mr Pradeep Singh Jauhar
- Ms Rashmi Duggal
- Ms Shashi Bhushan Bansal
- Mr S P S Kohli
- Ms Uma Kant Singhal
The auditors for the company are S R Batliboi & Co. LLP.
CARE Ratings has assigned the rating CARE AA-; Stable to the company's long-term bank facilities (₹90 crore), reflecting its stable financial position and creditworthiness.
Jamna Auto Industries has been taking steps to strengthen its operational capabilities. The company allotted 22,500 equity shares under ESOP on January 14, 2025, demonstrating a commitment to employee retention and motivation.
Despite recent challenges in financial performance, the company maintains its leadership position in the automotive suspension components market. With its extensive manufacturing network, strong market share, and focus on technological advancement through strategic partnerships, Jamna Auto Industries continues to be a significant player in India's automotive components industry.
