Jtekt India Limited has informed the Exchange about Presentation
JTEKTINDIA · price
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JTEKT India reported FY26 revenue of Rs 26,656 million, an 11% increase that outperformed industry growth of 9%, driven by Start of Production (SOP) of new models where the company is a complete system supplier. EBITDA grew 10% to Rs 2,000 million, but EBITDA margin slipped by 10 basis points to 7.5% from 7.6% in FY25. Key margin pressures included US tariff impact (-0.24%), unfavourable product mix due to lower Honda (-33%) and Renault Nissan export sales (-16%), and one-time rights issue expenses. These were partially offset by improvement in export sales to US (+0.15%) and lower warranty costs (+0.17%). The company has 7 plants in India and is setting up a Gujarat facility. Q4 FY26 showed sequential recovery with EBITDA margin improving to 9.2% from 7.6% in Q3.
The stock may see mixed reaction as strong 11% revenue growth is offset by margin compression and reliance on new model launches for growth. The detailed margin analysis shows multiple headwinds from tariffs and customer mix shifts, though Q4 recovery signals near-term momentum.