Jtekt India Limited has informed the Exchange about Transcript of Analysts' & Investors' Call
JTEKTINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JTEKT India reported 11% sales growth in FY2025-26, outperforming the passenger vehicle market growth of 9%. Revenue increased from INR2,300 crores to INR2,600 crores. Full-year EBITDA margin slightly declined to 7.5% from 7.6% last year, though H2 margin improved to 8.48% vs 7.71% in H2 FY2024-25. Management attributed margin pressure to temporary factors including product mix shift (INR88 million impact), U.S. reciprocal tariffs (INR63 million), and forex charges (INR62 million). Sales to Maruti Suzuki grew from 56% to 60% of revenue, while Honda declined by 33%. New products e Vitara and Victoris contributed INR200 crores. CVJ capacity utilization is at 65% with a target to reach 90% when Maruti's MPV EV launches in October 2026. Export to Brazil has started with potential to reach 5 lakh units annually.
Management expects capacity utilization to reach 100% within 1-1.5 years, which should drive revenue growth of INR400-500 crores annually and improve ROCE from current 10% back toward historic 16-17% levels. CVJ margins are reported to be better than manual gear products.