Jtekt India Limited (JTEKTINDIA) - Net Assets
Based on the latest financial reports, Jtekt India Limited (JTEKTINDIA) has net assets worth Rs11.86 Billion INR (≈ $128.24 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs19.71 Billion ≈ $213.18 Million USD) and total liabilities (Rs7.85 Billion ≈ $84.94 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Jtekt India Limited (JTEKTINDIA) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs11.86 Billion |
| % of Total Assets | 60.16% |
| Annual Growth Rate | 14.14% |
| 5-Year Change | 79.32% |
| 10-Year Change | 133.25% |
| Growth Volatility | 17.28 |
Jtekt India Limited - Net Assets Trend (2006–2026)
This chart illustrates how Jtekt India Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Jtekt India Limited market cap and net worth.
Annual Net Assets for Jtekt India Limited (2006–2026)
The table below shows the annual net assets of Jtekt India Limited from 2006 to 2026. Also explore JTEKTINDIA net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs11.86 Billion ≈ $128.24 Million |
+34.77% |
| 2025-03-31 | Rs8.80 Billion ≈ $95.16 Million |
+7.08% |
| 2024-03-31 | Rs8.22 Billion ≈ $88.86 Million |
+11.99% |
| 2023-03-31 | Rs7.34 Billion ≈ $79.35 Million |
+10.96% |
| 2022-03-31 | Rs6.61 Billion ≈ $71.51 Million |
+5.92% |
| 2021-03-31 | Rs6.24 Billion ≈ $67.52 Million |
+0.40% |
| 2020-03-31 | Rs6.22 Billion ≈ $67.25 Million |
+0.74% |
| 2019-03-31 | Rs6.17 Billion ≈ $66.75 Million |
+40.82% |
| 2018-03-31 | Rs4.38 Billion ≈ $47.40 Million |
-13.78% |
| 2017-03-31 | Rs5.08 Billion ≈ $54.98 Million |
+10.78% |
| 2016-03-31 | Rs4.59 Billion ≈ $49.63 Million |
+8.74% |
| 2015-03-31 | Rs4.22 Billion ≈ $45.64 Million |
+8.93% |
| 2014-03-31 | Rs3.87 Billion ≈ $41.90 Million |
+19.97% |
| 2013-03-31 | Rs3.23 Billion ≈ $34.92 Million |
+11.33% |
| 2012-03-31 | Rs2.90 Billion ≈ $31.37 Million |
+18.96% |
| 2011-03-31 | Rs2.44 Billion ≈ $26.37 Million |
+16.22% |
| 2010-03-31 | Rs2.10 Billion ≈ $22.69 Million |
+4.02% |
| 2009-03-31 | Rs2.02 Billion ≈ $21.82 Million |
+1.54% |
| 2008-03-31 | Rs1.99 Billion ≈ $21.48 Million |
+48.90% |
| 2007-03-31 | Rs1.33 Billion ≈ $14.43 Million |
+58.56% |
| 2006-03-31 | Rs841.38 Million ≈ $9.10 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jtekt India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 722319100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.22 Billion | 60.91% |
| Common Stock | Rs277.40 Million | 2.34% |
| Other Comprehensive Income | Rs1.10 Billion | 9.29% |
| Other Components | Rs3.26 Billion | 27.46% |
| Total Equity | Rs11.86 Billion | 100.00% |
Jtekt India Limited Competitors by Market Cap
The table below lists competitors of Jtekt India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dine Brands Global Inc
NYSE:DIN
|
$353.32 Million |
|
Acco Brands Corporation
NYSE:ACCO
|
$353.35 Million |
|
GABIA Inc
KQ:079940
|
$353.35 Million |
|
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas
SA:AGRO3
|
$353.40 Million |
|
Fenix Outdoor International AG
ST:FOI-B
|
$353.29 Million |
|
Plasson Indus
TA:PLSN
|
$353.25 Million |
|
Aclaris Therapeutics Inc
NASDAQ:ACRS
|
$353.21 Million |
|
Five Point Holdings LLC
NYSE:FPH
|
$353.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jtekt India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 8,798,783,000 to 11,858,111,000, a change of 3,059,328,000 (34.8%).
- Net income of 768,908,000 contributed positively to equity growth.
- Dividend payments of 179,787,000 reduced retained earnings.
- New share issuances of 2,471,870,000 increased equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs768.91 Million | +6.48% |
| Dividends Paid | Rs179.79 Million | -1.52% |
| Share Issuances | Rs2.47 Billion | +20.85% |
| Other Changes | Rs-1.66 Million | -0.01% |
| Total Change | Rs- | 34.77% |
Book Value vs Market Value Analysis
This analysis compares Jtekt India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 24.62x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs4.78 | Rs117.77 | x |
| 2007-03-31 | Rs7.47 | Rs117.77 | x |
| 2008-03-31 | Rs9.36 | Rs117.77 | x |
| 2009-03-31 | Rs8.41 | Rs117.77 | x |
| 2010-03-31 | Rs8.86 | Rs117.77 | x |
| 2011-03-31 | Rs10.35 | Rs117.77 | x |
| 2012-03-31 | Rs12.04 | Rs117.77 | x |
| 2013-03-31 | Rs13.19 | Rs117.77 | x |
| 2014-03-31 | Rs15.54 | Rs117.77 | x |
| 2015-03-31 | Rs16.27 | Rs117.77 | x |
| 2016-03-31 | Rs17.48 | Rs117.77 | x |
| 2017-03-31 | Rs19.31 | Rs117.77 | x |
| 2018-03-31 | Rs17.84 | Rs117.77 | x |
| 2019-03-31 | Rs24.25 | Rs117.77 | x |
| 2020-03-31 | Rs24.36 | Rs117.77 | x |
| 2021-03-31 | Rs24.48 | Rs117.77 | x |
| 2022-03-31 | Rs25.84 | Rs117.77 | x |
| 2023-03-31 | Rs28.75 | Rs117.77 | x |
| 2024-03-31 | Rs32.31 | Rs117.77 | x |
| 2025-03-31 | Rs34.60 | Rs117.77 | x |
| 2026-03-31 | Rs43.80 | Rs117.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jtekt India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.88%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.66x
- Recent ROE (6.48%) is below the historical average (11.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.32% | 4.78% | 1.30x | 3.12x | Rs78.45 Million |
| 2007 | 20.77% | 4.77% | 1.60x | 2.73x | Rs143.71 Million |
| 2008 | 13.72% | 3.64% | 1.28x | 2.94x | Rs67.51 Million |
| 2009 | -18.87% | -4.55% | 1.04x | 3.99x | Rs-481.38 Million |
| 2010 | 9.63% | 1.99% | 1.20x | 4.05x | Rs-6.54 Million |
| 2011 | 21.70% | 3.71% | 1.39x | 4.20x | Rs240.69 Million |
| 2012 | 20.36% | 3.43% | 1.49x | 3.98x | Rs247.87 Million |
| 2013 | 14.53% | 2.61% | 1.39x | 4.00x | Rs118.67 Million |
| 2014 | 21.93% | 4.54% | 1.44x | 3.36x | Rs368.65 Million |
| 2015 | 11.72% | 2.44% | 1.53x | 3.13x | Rs55.56 Million |
| 2016 | 10.67% | 2.44% | 1.44x | 3.03x | Rs23.16 Million |
| 2017 | 9.51% | 2.30% | 1.53x | 2.70x | Rs-18.93 Million |
| 2018 | 11.56% | 3.76% | 1.48x | 2.08x | Rs65.33 Million |
| 2019 | 12.27% | 4.18% | 1.61x | 1.83x | Rs134.51 Million |
| 2020 | 5.08% | 2.02% | 1.68x | 1.49x | Rs-293.04 Million |
| 2021 | 1.96% | 0.88% | 1.43x | 1.56x | Rs-481.27 Million |
| 2022 | 5.84% | 2.32% | 1.59x | 1.58x | Rs-262.78 Million |
| 2023 | 12.40% | 4.26% | 1.90x | 1.53x | Rs168.40 Million |
| 2024 | 13.01% | 4.76% | 1.76x | 1.55x | Rs246.96 Million |
| 2025 | 8.55% | 3.14% | 1.64x | 1.66x | Rs-127.25 Million |
| 2026 | 6.48% | 2.88% | 1.35x | 1.66x | Rs-416.90 Million |
Industry Comparison
This section compares Jtekt India Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,851,567,129
- Average return on equity (ROE) among peers: 13.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jtekt India Limited (JTEKTINDIA) | Rs11.86 Billion | 19.32% | 0.66x | $353.30 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $14.24 Billion | 9.35% | 1.65x | $2.65 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $1.40 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $11.10 Billion | 23.93% | 2.01x | $4.74 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $3.52 Billion | 18.62% | 0.78x | $934.32 Million |
| Bharat Gears Limited (BHARATGEAR) | $758.48 Million | 0.78% | 2.84x | $16.69 Million |
| Bosch Limited (BOSCHLTD) | $55.73 Billion | 17.19% | 0.42x | $14.99 Billion |
| CEAT Limited (CEATLTD) | $20.97 Billion | 20.87% | 0.97x | $1.51 Billion |
| CIE Automotive India Limited (CIEINDIA) | $8.72 Billion | 5.87% | 1.33x | $1.59 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $11.36 Billion | 14.36% | 1.36x | $3.15 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.80 Billion | 6.85% | 0.11x | $373.81 Million |
About Jtekt India Limited
JTEKT India Limited engages in the manufacture and sale of steering systems and auto components for the passenger car and utility vehicle manufacturers in the automobile sector in India. It offers steering systems, including column and gear; driveline, such as driveshaft and HUB unit; bearing solutions, including SBB (single ball bearings) and TRB (tapered roller bearings); and machine tools, suc… Read more