Jtekt India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 28, 2025
JTEKTINDIA · price
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Jtekt India has informed the exchanges that its 41st Annual General Meeting (AGM) will be held on Thursday, August 28, 2025 at 11:30 a.m. via video conferencing. The AGM notice and annual report for FY 2024-25 have been emailed to all members, with e-voting facility available. The cut-off date for e-voting eligibility is August 21, 2025, and remote e-voting will run from August 25 (9:00 a.m.) to August 27 (5:00 p.m.). The accompanying annual report shows total revenue grew to ₹23,993 Mn (from ₹22,455 Mn), but profit after tax fell sharply to ₹752 Mn (from ₹1,069 Mn) and EBITDA margins declined to 7.6% (from 9.5%), with EPS dropping to ₹2.96 from ₹4.20. The company also announced a new manufacturing plant in Gujarat to localize production and reduce logistics costs.
The AGM notice itself is a routine corporate filing, but the embedded annual report reveals significant margin compression and a ~30% drop in profits despite revenue growth, which could weigh on short-term investor sentiment. Higher capex of ₹3,742 Mn and rising debt (D/E ratio up from 0.14 to 0.18) signal investment mode but may pressure near-term returns.