NSE: JAMNAAUTO | BSE: 520051

Mid-range Performer

Download real time

91.73 -1.59 (-1.70%)

38.71% Fall from 52W High

499.8K NSE+BSE Volume

NSE 31 Jul, 2025 3:40 PM (IST)

3,659.8

Market Cap

Above industry Median

1.2

Beta 1Year

Very High Volatility

Jamna Auto Industries Ltd. share price target and research reports

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

Jamna Auto Industries Ltd.

13 Jul 2018

91.73

-1.70%

Initiating Coverage of Jamna Auto Industries

Buy: Jamna Auto Industries Ltd.

IDBI Capital

Jamna Auto Industries (JAI), a manufacturer of tapered leaf springs and parabolic springs for CV's is a structural story on demand for higher tonnage trucks and CV cycle upswing. We expect a Revenue/EBITDA/PAT CAGR of 19%/25%/30% for JAI over FY1820E, as we envisage multiple triggers: i) demand for parabolic spring to raise due to higher tonnage trucks; ii) content per vehicle to increase 3x and iii) aftermarket opportunity iv) CV cycle is in upswing. We initiate coverage on JAI, with a BUY rating...

Jamna Auto Industries Ltd.'s price crossed below 50Day SMA today

Jamna Auto Industries Ltd.

11 Jun 2018

91.73

-1.70%

Jamna Auto - Extrapolating MHCV growth

Buy: Jamna Auto Industries Ltd.

LKP Securities

Proxy to the MHCV cycle, Jamna to participate in the up move MHCV cycle has turned positive since Q2 FY18 and has grown at 19% for Q4 FY18, which has driven sales for Jamna. Also the higher tonnage industry has grown at 26%, higher than the overall MHCV industry. Jamna having a 72% OEM market share and being a significant vendor...

Jamna Auto Industrie.. has an average target of 170.00 from 1 broker.

Jamna Auto Industries Ltd.

31 May 2018, 12:00AM

91.73

-1.70%

Jamna Auto Industries Ltd | Q4FY18 Result Update

Buy: Jamna Auto Industries Ltd.

Target

Edelweiss

Jamna Auto Industries (JAI) is the market leader in domestic leaf spring market with a share of ~65%. During Q4FY18, JAI observed an impressive 56% yoy growth in topline.

Jamna Auto Industries Ltd. has lost -34.07% in the last 1 Year

Jamna Auto Industries Ltd.

30 May 2018, 11:48PM

91.73

-1.70%

Jamna Auto (4QFY18): Strength to strength. Maintain BUY

Buy: Jamna Auto Industries Ltd.

Target

HDFC Securities

We value the stock at Rs 107 (20xFY20E) and recommend a BUY. Jamna Auto (JAMNA) posted strong numbers for 4Q. Revenue came at Rs 5.96bn (+56% YoY), driven by robust demand for high tonnage trucks along with increased volume in Lift Axle and Parabolic Spring. EBIDTA jumped 50% YoY to Rs 894mn with improved margin at 15% (+192bps QoQ) benefited from richer product mix and higher oplev. APAT stood at Rs 467mn (+34% YoY).

Jamna Auto Industrie.. has an average target of 170.00 from 1 broker.

Jamna Auto Industries Ltd.

20 Feb 2018

91.73

-1.70%

Jamna Auto Industries Ltd. - Result Update Q3FY18

Buy: Jamna Auto Industries Ltd.

Target

Edelweiss

Jamna Auto Industries (JAI) observed an impressive 55% yoy growth in topline during Q3FY18. For 9 month period (i.e. Apr Dec 2017) JAI's topline has grown by ~24% yoy. Healthy recovery i.e....

Jamna Auto Industries Ltd.'s price crossed below 50Day SMA today

Jamna Auto Industries Ltd.

19 Feb 2018

91.73

-1.70%

Jamna Auto (3QFY18): Continues on growth trajectory. Maintain BUY

Buy: Jamna Auto Industries Ltd.

Target

HDFC Securities

Maintain BUY with TP of Rs90 (based on 20xFY20E) Jamna Auto(JMNA) posted strong numbers for 3Q. Revenue stood at Rs 4.7bn (+55% YoY), led by traction in higher tonnage vehicles along with increased volume in Lift Axle and Parabolic Spring. EBIDTA came in at Rs615mn (+47% YoY) and EBIDTA margin stood at 13%(-65bps YoY, below estimate), impacted by lower replacement/sales ratio and product development expenditure. APAT stood at Rs317mn (+50% YoY).

Jamna Auto Industrie.. has an average target of 170.00 from 1 broker.

Jamna Auto Industries Ltd.

16 Feb 2018

91.73

-1.70%

Jamna Auto Industries - Q3FY18 Result Update - CV demand revival helps Q3

Buy: Jamna Auto Industries Ltd.

Target

Religare

Jamna Auto reported robust revenue growth in Q3FY18 led by strong demand for commercial vehicles (volumes up 28% yoy). Net revenue and Net profit increased by 54.9% and 50.1% yoy respectively. We expect demand for Commercial vehicles to remain healthy in FY19E, given bright outlook for the Indian economy and rising infrastructure spending.

Jamna Auto Industrie.. has an average target of 170.00 from 1 broker.

Jamna Auto Industries Ltd.

28 Nov 2017

91.73

-1.70%

Jamna Auto (2QFY18): Growth on track. Maintain BUY

Buy: Jamna Auto Industries Ltd.

HDFC Securities

Given superior return ratios, ROE (~30%) and phenomenal growth, JMNA will continue to trade at a premium vs its historical multiple (15x). We increase FY18/19E EPS by 2/5%, and increase TP to Rs 81 (based on 20xSept-19) vs Rs 70 earlier Jamna Autos (JMNA) 2Q revenue stood at Rs 3.8bn (+41% YoY), led by traction in higher tonnage vehicles. EBIDTA came in at Rs 503mn (+27% YoY, 9% above estimates), and EBIDTA margin at 13% (-144bps YoY, below estimates, dragged down by lower replacement sales). APAT stood at Rs 295mn (+36% YoY).

Jamna Auto Industries Ltd. is trading below its 30 day SMA of 94.0

Jamna Auto Industries Ltd.

17 Nov 2017

91.73

-1.70%

Jamna Auto - Result Update Q2FY18

Buy: Jamna Auto Industries Ltd.

Edelweiss

Jamna Auto Industries (JAI) observed an impressive 41% yoy growth in topline during Q2FY18. The significance of this growth becomes larger following sharp slump of 19% witnessed in topline in Q1FY18.

Jamna Auto Industries Ltd. is trading above its 150 day SMA of 86.7

Jamna Auto Industries Ltd.

16 Nov 2017

91.73

-1.70%

Result Update Q2FY18 Jamna Auto Industries

Buy: Jamna Auto Industries Ltd.

Religare

Jamna Auto reported better than estimated Q2FY18 result led by strong growth in CV volumes, after slowdown seen in Q1FY18 due to change in emission norms. Total income and Net profit increased by 40.8% and 36.1% respectively on yoy basis. We expect demand for MHCVs to remain healthy in H2FY18, given bright outlook for the Indian economy and rising infrastructure spending.

Jamna Auto Industries Ltd. is trading below its 30 day SMA of 94.0

Is Jamna Auto Industries Ltd. worth buying?

685 Votes:

Buy 80.15%

Sell 10.07%

Hold 9.78%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf