MarketFriction

Jay Bharat Maruti Ltd

NSE JAYBARMARU · BSE 520066 · Auto Components & Equipments
₹130.80 +1.88%
NSE close2026-10-01
52 week range74.15 - 207.00
Market cap₹1,351 Cr.
P/E9.94
Price band 5% Delivery 33.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales613548598533555591611557583645766627
Expenses568507555496521555553491521581675564
Operating Profit454143383435586661649163
OPM %7%7%7%7%6%6%9%12%11%10%12%10%
Other Income012011101110
Interest101199998910131211
Depreciation212121212121212124252524
Profit before tax141015856293628285528
Tax %36%35%27%34%34%34%33%35%36%36%-43%25%
Net Profit9611534202318187921
EPS in Rs0.800.601.030.500.280.361.812.131.671.657.281.96
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3021,5271,7301,9941,6581,4992,0782,3442,2922,2902,5512,621
Expenses1,1851,3941,5751,8191,5171,3631,9282,1712,1262,1252,2682,341
Operating Profit117133156175141136150173167165283280
OPM %9%9%9%9%9%9%7%7%7%7%11%11%
Other Income414324014333
Interest221820343833333740364445
Depreciation394149616366758084849598
Profit before tax60759082424242584647147140
Tax %33%28%35%36%34%37%35%35%32%33%6%
Net Profit40545952282627373132138136
EPS in Rs3.684.975.444.822.592.412.543.452.902.9412.7412.56
Dividend Payout %11%10%9%10%10%10%20%20%24%24%6%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth7%11%3%13%
Compounded Profit Growth14%39%55%175%
Stock Price CAGR12%8%4%21%
Return on Equity11%10%12%22%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111111111111112222222222
Reserves196242294349393412439452485515538669
Borrowings159134255298404445369380336440540531
Other Liabilities257242267377398339414473456577569604
Total Liabilities6236298271,0351,2061,2071,2331,3261,2981,5531,6681,826
Fixed Assets3993984526328328178608568819069221,173
CWIP18649351143836223162308110
Investments2812151721242626323436
Other Assets221214300295305226266382368453404507
Total Assets6236298271,0351,2061,2071,2331,3261,2981,5531,6681,826
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity889558209128154163106154188199197
Cash from Investing Activity-21-53-160-226-195-144-50-76-65-140-265-132
Cash from Financing Activity-67-421031766-10-113-29-87-5165-62
Net Cash Flow0100-11113-4-14
Free Cash Flow6742-103-17-6416112298844-6363
CFO/OP93%95%55%152%89%123%126%91%98%100%122%74%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days12103261411151613201417
Inventory Days454935564035494740555152
Days Payable575256504947666051686557
Cash Conversion Cycle-0711125-1-2327012
Working Capital Days-30-21-20-27-29-45-54-39-28-40-38-13
ROCE %18%21%20%18%16%10%9%9%11%9%8%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.35%59.35%59.35%59.35%59.35%59.35%59.35%59.35%59.35%59.35%59.35%59.35%
FIIs3.71%3.63%2.61%0.83%0.83%0.83%0.86%0.84%0.98%0.90%1.33%1.31%
DIIs0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%
Public36.92%36.99%38.02%39.80%39.80%39.81%39.76%39.79%39.64%39.71%39.31%39.33%
No. of Shareholders21,62223,52833,02535,82838,27941,10740,53140,05438,31737,34036,31838,131

Fundamentals

Market Cap₹ 1,351 Cr.
Current Price₹ 125
Stock P/E9.94
Book Value₹ 63.8
ROCE16.4 %
ROE22.1 %
Dividend Yield0.56 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)175%
Standalone figures.
Valuation
Market capRs 1,416 Cr
Enterprise valueRs 1,942 Cr
P/E (TTM)10.41x
Price to book2.05x
Price to sales0.54x
EV / EBITDA6.87x
EV / EBIT10.49x
EV / sales0.74x
Price to cash flow7.20x
Earnings yield9.60%
Dividend yield0.54%
P/E, 3-year average22.00x
P/B, 3-year average1.56x
P/E, 5-year average16.22x
P/B, 5-year average1.13x
Profitability
Operating margin (excl. other income)11.08%
Operating margin (incl. other income)11.19%
EBITDA margin10.79%
Pre-tax margin5.34%
Net profit margin5.19%
Net margin, latest quarter3.38%
ROE22.06%
ROCE16.44%
ROA7.89%
ROE, 3-year average11.29%
ROCE, 3-year average11.31%
ROA, 3-year average4.02%
ROE, 5-year average9.49%
ROCE, 5-year average10.80%
ROA, 5-year average3.41%
ROIC (approx.)14.25%
Tax rate6.32%
Other income / net worth0.42%
Growth
Sales growth (latest year)11.39%
Profit growth (latest year)333.52%
Sales CAGR, 3 years2.86%
Sales CAGR, 5 years11.22%
Profit CAGR, 3 years54.53%
Profit CAGR, 5 years39.54%
Sales growth QoQ-18.17%
Profit growth QoQ-73.12%
Sales growth YoY (latest quarter)12.56%
Profit growth YoY (latest quarter)-8.11%
Per share
EPS (TTM)Rs 12.56
EPS (latest year)Rs 12.74
EPS (latest quarter)Rs 1.96
EPS, 3-year averageRs 6.19
EPS, 5-year averageRs 6.71
Book value per shareRs 63.82
Sales per shareRs 242.12
Cash flow per shareRs 18.16
Free cash flow per shareRs 5.82
Dividend per share (latest year)Rs 0.70
Dividend per share, 3-year averageRs 0.70
Dividend per share, 5-year averageRs 1.02
Dividends
Dividend payout5.50%
Dividend payout, 3-year average17.84%
Dividend payout, 5-year average18.70%
Efficiency
Asset turnover1.40x
Fixed asset turnover2.18x
Inventory turnover7.53x
Inventory days48 days
Debtor days17 days
Debtors turnover21.82x
Creditor days57 days
Cash conversion cycle12 days
Working capital days-13 days
Leverage
Total debtRs 531 Cr
Cash and bankRs 5 Cr
Net debtRs 526 Cr
Debt to equity0.77x
Net debt / EBITDA1.86x
Interest coverage4.10x
Current ratio (filing 2026-03-31)0.85x
Quick ratio (filing 2026-03-31)0.39x
Trade payables (filing 2026-03-31)Rs 295 Cr
Owners' fund to total sources37.84%
Debt to assets29.09%
Cash flow
Cash from Operating Activity (latest year)Rs 197 Cr
Cash from Investing Activity (latest year)Rs -132 Cr
Cash from Financing Activity (latest year)Rs -62 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs 63 Cr
FCFE (approx.: FCF + change in debt)Rs 54 Cr
Cash from ops / profit, 5 years3.18x
Sales to cash flow12.98x
Statement figures
Net sales (TTM)Rs 2,621 Cr
Net sales (latest year)Rs 2,551 Cr
Sales (latest quarter)Rs 627 Cr
Operating profit excl. other income (latest year)Rs 283 Cr
Operating profit (latest quarter)Rs 63 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 283 Cr
PBDT (TTM)Rs 238 Cr
Profit before tax (TTM)Rs 140 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 136 Cr
Net profit (latest year)Rs 138 Cr
Net profit (latest quarter)Rs 21 Cr
Depreciation (TTM)Rs 98 Cr
Depreciation (latest quarter)Rs 24 Cr
Interest (TTM)Rs 45 Cr
Cost of goods sold (latest year)Rs 2,022 Cr
Total expenditure (latest year)Rs 2,268 Cr
Total income (latest year)Rs 2,554 Cr
Share capitalRs 22 Cr
ReservesRs 669 Cr
Shareholders' fundsRs 691 Cr
Total assetsRs 1,826 Cr
Net blockRs 1,173 Cr
Capital work in progressRs 110 Cr
InvestmentsRs 36 Cr
ReceivablesRs 117 Cr
InventoryRs 269 Cr
Other liabilitiesRs 604 Cr
Shares outstanding (crore)10.82
Ownership
Promoter holding59.35% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 10.4 is at the 18th percentile of its own 9.4-year range (median 22.4, low 4.2, high 41.1).
P/B 2.05 is at the 65th percentile (median 1.74).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodJAYBARMARUNifty 50Difference
1 week+7.3%-2.8% +10.1 pts
1 month+4.8%-6.8% +11.6 pts
3 months-23.8%-7.6% -16.1 pts
6 months+72.9%+0.4% +72.5 pts
1 year+23.7%-9.9% +33.6 pts
2 years+26.5%-13.6% +40.1 pts
3 years+18.8%+14.2% +4.6 pts
5 years+60.8%+27.9% +33.0 pts

Red flags

F-score 8 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹627 Cr +12.6% vs Jun 2025. Net profit ₹21 Cr -8.7%.
Against our estimate for Jun 2026: sales -4.0%, profit -10.9% in line. Our estimate for Sep 2026: sales Rs 694 Cr, profit Rs 22 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-19Dividend - Re 0.70 Per Share
2025-08-26Dividend - Rs 0.70 Per Share
2024-09-05Annual General Meeting/Dividend - Rs 0.70 Per Share
2023-10-26Face Value Split (Sub-Division) - From Rs 5/- Per Share To Rs 2/- Per Share0.4000
2023-09-08Annual General Meeting/Dividend - Rs 1.75 Per Share
2022-09-16Annual General Meeting/Dividend - Rs 1.25 Per Share
2021-09-17 Annual General Meeting/Dividend - Rs 1.25 Per Share
2021-06-07 Bonus 1:10.5000
2020-09-01 Annual General Meeting/Dividend - Rs 1.25 Per Share
2019-09-05 Dividend - Rs 2.50 Per Share
2018-08-27 Annual General Meeting/Dividend- Rs 2.50 Per Share
2017-08-10 Annual General Meeting/Dividend -Rs 2.50 Per Share
2016-08-25 Annual General Meeting / Dividend - Rs 2/- Per Share
2015-08-07Annual General Meeting/ Dividend - Rs 2/- Per Share
2014-08-04Annual General Meeting/Dividend Rs.1.25/- Per Share
2013-08-02Annual General Meeting / Dividend - Rs 1.5/- Per Share
2012-08-06Annual General Meeting And Dividend Rs.1.50 Per Share
2011-08-03Dividend-Rs.2/- Per Share
2010-07-29Annual General Meeting And Dividend Rs.1.50 Per Share
2009-08-06Agm/Div-Re.1/- Per Share
2008-08-18Agm/Dividend - 25%
2006-09-25Bonus 1:10.5000
2006-07-28Agm/Dividend-35%
DateTypeWhat it says
2026-09-20ResignationResignation of Director/KMP/SMP
2026-09-20ResignationResignation of Ms Shubha Singh as Company Secretary & Compliance Officer of the company w.e.f. September 19, 2026.
2026-09-20CessationCessation of Ms Shubha Singh as Company Secretary & Compliance Officer of the company w.e.f. September 19, 2026.
2026-09-07UpdatesIntimation of request received w.r.t. special window for transfer and Demat of Physical Shares during the period August 05, 2026 to September 04, 2026...
2026-08-27Shareholder meetingVoting results.
2026-08-26Shareholder meetingProceedings of 39th Annual General Meeting of the Company held on August 26, 2026
2026-08-07UpdatesIntimation of request received w.r.t. special window for transfer and Demat of Physical Shares during the period July 05, 2026 August 04, 2026.
2026-08-05Investor PresentationInvestor Presentation
2026-08-04UpdatesAnnual Report for Financial Year 2025-26.
2026-08-04UpdatesBusiness Responsibility and Sustainability Reporting (BRSR) for the Financial Year 2025-26
2026-08-04Shareholder meetingNotice of Annual General Meeting to be held on August 26, 2026
2026-08-04Board meeting outcomeReconstitution of the Committees of the Board of Directors of the Company w.e.f. 4th August, 2026
2026-08-04Board meeting outcomeJay Bharat Maruti Limited has submitted to the Exchange, the unaudited financial results (standalone & consolidated) for the first quarter ended Jun 3...
2026-07-31Director changeChange in Director(s) of the company.
2026-07-31Change in ManagementAppointment of Mr. Krishan Kumar Jalan as an Additional Director in the category of Non-Executive, Independent Director of the Company w.e.f. August 0...
2026-07-31AppointmentAppointment of Mr. Krishan Kumar Jalan as Non- Executive, Independent Director of the Company w.e.f. August 01, 2026.
2026-07-30General UpdatesThe 39th Annual General Meeting of the Company has been rescheduled and will now be held on Wednesday, August 26, 2026, through Video Conferencing ("V...
2026-07-30Record DateRevised Record date for the purpose of Dividend & Annual General Meeting is 19-Aug-2026.
2026-07-06UpdatesRegarding Intimation of request received w.r.t. Special Window for Transfer and Demat of Physical Shares during the period June 05, 2026 to July 04, 2...
2026-07-03General UpdatesGeneral Updates
2026-07-01General UpdatesThe Reminder Letter Sent To Shareholders For Claiming Dividend/ Informing Transfer Of Shares To Investor Education And Protection Fund (IEPF) Authorit...
2026-06-29Disclosure under SEBI TakeovJay Bharat Maruti Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Sub...
2026-06-06UpdatesIntimation of request received w.r.t. Special Window for Transfer and Demat of Physical Shares during the period May 05, 2026 to June 04, 2026.
2026-05-29Change in ManagementRe-appointment of Mr. Madhusudan Prasad as Non- Executive Independent Director of the Company w.e.f. Jun 01, 2026.
2026-05-29AppointmentRe-appointment of Mr. Madhusudan Prasad as Non- Executive Independent Director of the Company w.e.f. Jun 01, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 monthsHigh low price variation greater than 75perc in previous 3 months

Quick answers

What is the market cap of Jay Bharat Maruti Ltd?

Jay Bharat Maruti Ltd (JAYBARMARU) has a market capitalisation of Rs 1,351 Cr. at the 2026-10-01 close.

What is the P/E ratio of Jay Bharat Maruti Ltd?

Jay Bharat Maruti Ltd trades at a P/E of 9.94 on trailing twelve-month profit, at the 2026-10-01 close.

What were Jay Bharat Maruti Ltd's latest quarterly results?

In the Jun 2026 quarter, Jay Bharat Maruti Ltd sales was Rs 627 Cr (+12.6% vs Jun 2025) and net profit was Rs 21 Cr.

What is the 52-week high and low of Jay Bharat Maruti Ltd?

The 52-week high is Rs 207.00 and the 52-week low is Rs 74.15.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03