NSE: JAMNAAUTO | BSE: 520051

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105.89 -1.42 (-1.32%)

54.43% Gain from 52W Low

421.8K NSE+BSE Volume

NSE 24 Sep, 2025 10:00 AM (IST)

4,224.8

Market Cap

Below 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 CD Equisearch and published by - Trendlyne research reports.
Item: Jamna Auto Industries Ltd.
Rating: 3
Author: CD Equisearch

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

Jamna Auto Industries Ltd.

30 Oct 2017

105.89

-1.32%

Jamna Auto Industries Ltd

Hold: Jamna Auto Industries Ltd.

CD Equisearch

Partly reflecting the tepidness in Indian CV industry in Q1(9.1%), particularly in M&HCV; segment (-31.8%), primarily CV industry reliant Jamna Auto posted 18.5% drop in income from operations, one of the weakest showings in several quarters. Poor revenue booking also stoked operating profits, which nosedived by 47% y-o-y. OPMs as a consequence declined to the lowest in eight quarters at 11.2% compared to 17.3% in the same quarter a year ago. Raw material to sales ratio rose 150 bps to 60.8% from 59.3% in the year ago period....

Jamna Auto Industries Ltd. has gained 33.90% in the last 6 Months

Jamna Auto Industries Ltd.

31 Aug 2017

105.89

-1.32%

Result Update Q1FY18 Jamna Auto Industries

Buy: Jamna Auto Industries Ltd.

Target

Religare

Jamna Auto reported dismal set of Q1FY18 result due to slowdown in MHCV segment on account of GST implementation. Total income and Net profit declined by 18.5% and 35.9% on YoY basis. However, we expect demand for MHCVs to revive in H2FY18, given bright outlook for the Indian economy and falling interest cost.

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

23 Aug 2017, 12:00AM

105.89

-1.32%

Jamna Auto Inds. Ltd - Result Update Q1FY18

Hold: Jamna Auto Industries Ltd.

Edelweiss

Jamna Auto Inds Ltd (JAI) is the largest manufacturer of leaf springs (both conventional and parabolic leaf springs) in domestic M&HCVs segment having around 70% market share. The...

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

22 Aug 2017

105.89

-1.32%

Jamna Auto (1QFY18): Play on the MHCV upcycle. Maintain BUY

Buy: Jamna Auto Industries Ltd.

HDFC Securities

Maintain BUY with a revised TP of Rs 303 based on 17x Jun-19E (earlier 15x). Jamna Autos (JMNA) 1QFY18 performance came in below estimates, owing to lower volumes (-19% YoY). Surprisingly however, gross margin was stable inspite of high raw material costs, owing to a richer product mix (parabolics share at 24% vs 22% in 1QFY17). JMNA has consistently outperformed the domestic CV industry. Also, with facilities located in close proximity to OEM plants, JMNA not only cuts down logistics costs, but also makes it tough for new entrants to garner business from these plants.

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

30 May 2017

105.89

-1.32%

Jamna Auto Inds Ltd - Result Update Q4FY17

Hold: Jamna Auto Industries Ltd.

Edelweiss

Jamna Auto Industries (JAI) had an encouraging Q4FY17, as its topline observed a y-o-y growth of around 5%. Despite 3% y-o-y drop in M&HCV production during Q4FY17.

Jamna Auto Industries Ltd. has gained 33.90% in the last 6 Months

Jamna Auto Industries Ltd.

26 May 2017

105.89

-1.32%

Result Update Q4FY17 Jamna Auto

Buy: Jamna Auto Industries Ltd.

Religare

Jamna Auto reported in line revenue growth, however earnings beat our estimates. Total income and Net profit surged by 5.1% and 26.7% on YoY basis. We remain positive on the company's business given bright outlook for the Indian CV industry, implementation of GST and its dominant market share in the leaf spring industry.

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

25 May 2017

105.89

-1.32%

Jamna Auto (4QFY17): Growth story intact. Maintain BUY

Buy: Jamna Auto Industries Ltd.

Target

HDFC Securities

Jamna Autos (JMNA) 4QFY17 EBITDA margin at 14.5% (-120 bps YoY) was above estimates, driven by strong operating leverage. Net revenue at Rs 3.9bn ( 5% YoY) was also above estimates, owing to 3% YoY volume growth and 2% YoY net ASP improvement.

Jamna Auto Industries Ltd. has gained 33.90% in the last 6 Months

Jamna Auto Industries Ltd.

13 Apr 2017

105.89

-1.32%

Jamna Auto Industries Ltd

Buy: Jamna Auto Industries Ltd.

Target

CD Equisearch

Swaying fortunes of Indian CV industry, most prominently M&HCV; sector, have decidedly bewildered manufacturers and investors alike for a couple of years of sturdy growth of M&HCV; industry - ~30% in FY16 and 16% in FY15- was followed by near naught growth last fiscal. After robustly growing (+14.5%) in Q1, M&HCV; industry went wayward in following...

Jamna Auto Industries Ltd. has gained 33.90% in the last 6 Months

Jamna Auto Industries Ltd.

28 Feb 2017

105.89

-1.32%

Result Update Q3FY17 Jamna Auto Industries

Buy: Jamna Auto Industries Ltd.

Religare

Jamna Auto reported good set of numbers, despite slowdown in Commercial vehicles volume, hit by demonetization. Total income and Net profit surged by 8.5% and 34.8% on YoY basis, led by 12% growth in leaf springs volumes.

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

17 Feb 2017

105.89

-1.32%

Jamna Auto (3QFY17): Positive potential. Maintain BUY

Buy: Jamna Auto Industries Ltd.

Target

HDFC Securities

Jamna Autos (JMNA) 3QFY17 EBITDA margins at 12.5% (-20 bps YoY) were above estimates, despite the effect of demonetisation during the quarter. Operating leverage gains and a richer mix (parabolic springs) aided the sharp margin expansion on. Gross margins contracted by 294bps YoY led by sharp rise in steel prices.

Jamna Auto Industries Ltd. has gained 33.90% in the last 6 Months

Is Jamna Auto Industries Ltd. worth buying?

693 Votes:

Buy 80.38%

Sell 9.96%

Hold 9.67%