NSE: JAMNAAUTO | BSE: 520051

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107.86 0.16 (0.15%)

57.30% Gain from 52W Low

1.3M NSE+BSE Volume

NSE 19 Sep, 2025 3:31 PM (IST)

4,303.4

Market Cap

Above industry Median

1.1

Beta 1Year

High Volatility

Jamna Auto Industries Ltd. share price target and research reports

Name: Latest research reports of Jamna Auto Industries Ltd. authored by Dolat Capital and published by - Trendlyne research reports.
Item: Jamna Auto Industries Ltd.
Rating: 5
Author: Dolat Capital

Latest analyst research reports with target prices and PDF download for JAMNAAUTO, BSE:520051 Jamna Auto Industries Ltd.

Jamna Auto Industries Ltd.

19 Aug 2019

107.86

0.15%

Jamna Auto

Buy: Jamna Auto Industries Ltd.

Target

Dolat Capital

Jamna Auto reported weak set of numbers in Q1FY20. The revenue was ` 4.2bn (-25% YoY on a high base), due to slowdown in CV sales along with weaker product mix (affected by a shift in demand towards lower tonnage vehicles, a lower revenue from parabolic springs & lift axle and muted aftermarket sale). However, the company is maintaining its dominance in the domestic OEM segment with 71% market share in leaf springs and focused on widening its distribution network (through tie-ups with retailers and garage personnel in aftermarket segment). The management has also...

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

25 Jun 2019

107.86

0.15%

Jamna Auto Industries Ltd

Buy: Jamna Auto Industries Ltd.

Target

CD Equisearch

Strangled by no imperceptible slowdown in Indian CV industry, most prominently the stalwart M&HCV; - stark change in volumes not invisible as MHCV dispatches tumbled not indiscernibly by 5.5% (yoy) in the second half of last fiscal compared to 48.1% growth in the first half Jamna's revenue from operations slid 3.4% in the second half of last fiscal. The condition got no better in Q4 as Jamna reported 9% drop in revenues...

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

24 May 2019

107.86

0.15%

Jamna Auto

Buy: Jamna Auto Industries Ltd.

Dolat Capital

Jamna Auto's (JAMNA) Q4FY19 EBIDTA declined 23% YoY to ` 690mn with an operating margin of 12.7% (-49bps QoQ, below our estimate 13.2%), due to an adverse product mix (lower proportion of aftermarket). Given the superior return ratios, ROE/ROCE of 30%, strong market share in leaf springs (70%), and compelling valuation of 12x for FY20, we maintain our...

Jamna Auto Industries Ltd. has gained 20.80% in the last 3 Months

Jamna Auto Industries Ltd.

06 Feb 2019

107.86

0.15%

Jamna Auto (3QFY19): Standing strong in tough times. Maintain BUY

Buy: Jamna Auto Industries Ltd.

Target

HDFC Securities

Our Target Price is revised to Rs 75(16x Dec-20E EPS) Jamna Autos (JAMNA) 3Q Revenue and EBITDA numbers were largely in line estimates, However APAT (at Rs, 286mn, -10% YoY) was suppressed due to higher depreciation (+17% QoQ) and interest charges (38% QoQ) as well as higher tax rate (38% of PBT). Revenue stood at Rs 4.86bn (+3.4% YoY, 2% below est), impacted by product mix due to shift in demand towards lower tonnage vehicles and lower revenue from parabolic springs and lift axle. EBIDTA rose 3% YoY to Rs 636mn, with operating margin at 13.1% %(+66bps QoQ, in line with est).

Jamna Auto Industries Ltd. has gained 38.99% in the last 6 Months

Jamna Auto Industries Ltd.

15 Nov 2018

107.86

0.15%

Jamna Auto Industries Ltd. - Q2FY19 Result Update - Topline growth strong; margins disappoint

Buy: Jamna Auto Industries Ltd.

Religare

Jamna Auto Industries (JAI) reported mixed set of numbers in Q2FY19. While revenue growth was strong 42.4% YoY, contraction in operating margin and higher interest cost restricted net profit growth to 20.6% YoY during the quarter. The strong revenue growth was on account of 35.8% YoY increase total CV production and 100bps market share gains. However, operating margins contracted 66bps mainly due to higher raw material cost.

Jamna Auto Industries Ltd. has gained 20.80% in the last 3 Months

Jamna Auto Industries Ltd.

21 Sep 2018, 12:00AM

107.86

0.15%

Jamna Auto Industries Ltd

Buy: Jamna Auto Industries Ltd.

Recommendation Target

CD Equisearch

Fostered by increased OEM demand, Jamna's sales more than doubled in Q1to Rs 562.19 crs ($83.9m) compared to Rs 271.37 crs ($42.1m) in the same period a year ago. OPMs expanded too (though down sharply from 15% in Q4FY18) from 11.2% to 13.4% helped by disproportionate growth in other expenses (+80.9%). Post tax earnings climbed by a...

Jamna Auto Industries Ltd. has gained 38.99% in the last 6 Months

Jamna Auto Industries Ltd.

13 Aug 2018

107.86

0.15%

Jamna Auto Industries Ltd. - Q1FY19 Result Update - Stellar performance

Jamna Auto Industries Ltd.

Religare

Jamna Auto Industries (JAI) reported strong set of numbers in Q1FY19, which were higher than our estimates. Its consolidated net revenue and PAT grew by 107.2% and 129.8% yoy respectively. JAI was one of the key beneficiaries of strong volume growth witnessed in CV production in Q1FY19 due to its commanding market share of 69% in parabolic springs.

Jamna Auto Industries Ltd. has gained 20.80% in the last 3 Months

Jamna Auto Industries Ltd.

11 Aug 2018

107.86

0.15%

Jamna Auto (1QFY19): A steady quarter. Maintain BUY

Buy: Jamna Auto Industries Ltd.

Target

HDFC Securities

We value the stock at Rs 100 (20xFY20E) vs 107 earlier. Maintain BUY. Jamna Auto (JAMNA) posted strong numbers for 1Q. Revenue jumped 107% YoY to Rs 5.6bn driven by strong growth in M&HCV; truck segment (led by favorable base effect due to GST issue last year), increased volume in Lift Axle and price hike (~Rs 4K/per ton). EBIDTA jumped 146% YoY to Rs 753mn with 13.4% margin (+214bps YoY/-160bps QoQ, below est) impacted by muted aftermarket revenue. APAT stood at Rs 400mn (+130% YoY).

Jamna Auto Industries Ltd. has gained 20.80% in the last 3 Months

Jamna Auto Industries Ltd.

11 Aug 2018

107.86

0.15%

Result Review of Jamna Auto Industries

Buy: Jamna Auto Industries Ltd.

IDBI Capital

Consolidated net Revenue grew by +107% YoY / -6% QoQ to Rs5.6bn, above our estimates. Top line performance was driven by volume growth of M&HCV; goods segment led by favorable base effect of GST last year. Production volume of M&HCV; goods segment increased +146%YoY to 95,847 units. Gross margin for the quarter declined -90 bps QoQ due to higher RM cost. RM cost for the quarter increased +117% YoY / -7% QoQ to Rs3.5 bn. EBITDA margin improved +220 bps YoY/ -160 bps...

Jamna Auto Industries Ltd. has gained 20.80% in the last 3 Months

Jamna Auto Industries Ltd.

19 Jul 2018, 12:51PM

107.86

0.15%

Jamna Auto Industries - Trigger in place - Company Update

Buy: Jamna Auto Industries Ltd.

Target

Religare

Jamna Auto Industries (JAI) is India's largest and world's second largest manufacturer of leaf spring and parabolic springs for commercial vehicles. JAI enjoys a commanding market share of 72% amongst Indian OEM's and produces ~500 parts for OEMs and ~2,000 parts for after market.

Jamna Auto Industries Ltd. has gained 38.99% in the last 6 Months

Is Jamna Auto Industries Ltd. worth buying?

693 Votes:

Buy 80.38%

Sell 9.96%

Hold 9.67%