NSE: JAMNAAUTO | BSE: 520051

Turnaround Potential

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105.20 -2.11 (-1.97%)

53.42% Gain from 52W Low

893.2K NSE+BSE Volume

NSE 24 Sep, 2025 1:51 PM (IST)

4,197.3

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 Edelweiss and published by - Trendlyne research reports.
Item: Jamna Auto Industries Ltd.
Rating: 5
Author: Edelweiss

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

Jamna Auto Industries Ltd.

15 Feb 2017

105.20

-1.97%

Jamna Auto Industries Ltd - Result Update Q3FY17

Buy: Jamna Auto Industries Ltd.

Edelweiss

We initiate coverage on Jamna Auto Inds. Ltd. as a part of our ?CUB??series. Under the ?CUB??series banner, we are covering small-cap companies with robust long-term growth potential.

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

01 Dec 2016

105.20

-1.97%

Jamna Auto Industries Ltd

Buy: Jamna Auto Industries Ltd.

Edelweiss

Topline growth lower than expectations; Revenue estimates revised downwards

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

27 Sep 2016

105.20

-1.97%

Jamna Auto Industries Ltd

Buy: Jamna Auto Industries Ltd.

CD Equisearch

After two dull quarters when sales grew by just over 7%- sales rejuvenated in Q1 - grew by 15.5% to Rs 335.13 crs ($50.2m) compared to Rs 290.07 crs ($43.m) in the same quarter a year ago. Stoked by lower raw material and fuel & power costs, OPMs expanded by some 600 bps to 15.8%...

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

09 Sep 2016

105.20

-1.97%

Jamna Auto Industries Ltd

Jamna Auto Industries Ltd.

Edelweiss

A market leader with over 70% market in axles and leafsprings for M&HC vehicles, Jamna Auto is equally dominant in after-markets. Company is well positioned to ride on auto sector growth.

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

02 Sep 2016

105.20

-1.97%

Result Update Jamna Auto Q1FY17

Buy: Jamna Auto Industries Ltd.

Religare

Net sales was up by 16% to Rs. 330.6Cr against Rs. 285Cr in the same quarter last fiscal led by 21% volume growth in leaf springs and 27% growth in lift axle business. Operational margin improved substantially from 9.7% to 15.8% on yearly basis.

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

08 Feb 2016

105.20

-1.97%

Jamna Auto (3QFY16): Margins spring a positive surprise. Maintain BUY

Buy: Jamna Auto Industries Ltd.

Target

HDFC Securities

Jamna Autos (JAI) 3QFY16 APAT at Rs 155mn ( 183% YoY) beat our estimates by 7%. Net sales were below expectations because of poor volume growth and pass through of lower commodity prices. The management clarified that a higher mix of parabolic spring sales (~20-25% lighter compared to conventional springs) led to an adverse impact on volumes.

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

01 Feb 2016

105.20

-1.97%

Jamna Auto (Initiating Coverage): Spring in its step. BUY

Buy: Jamna Auto Industries Ltd.

HDFC Securities

Jamna Auto Industries (JAI) is the largest leaf spring manufacturer in India and the third largest globally (in terms of installed capacity). The company is an ideal play on the ongoing upturn in CV demand given its 66% share in domestic OEMs markets.

Jamna Auto Industries Ltd. is trading above all available SMAs

Jamna Auto Industries Ltd.

23 Nov 2015, 12:00AM

105.20

-1.97%

Jamna Auto Industries Ltd- Research Report

Accumulate: Jamna Auto Industries Ltd.

Angel Broking

Jamna Auto Industries (JAI) is engaged in the manufacturing of suspension products for commercial vehicles viz leaf springs and lift axles. It is the market leader in the MHCV OEM springs commanding market share of about 60%, while it has a 15% share in the aftermarket springs segment. Recovery in OEM segment coupled with aftermarket focus to drive growth The MHCV industry is clearly in an upcycle and is poised to grow at 16% CAGR over the FY2015-2018 period. This would be on account of economic pick-up leading to uptick in freight, huge pent up demand due to low base (industry had halved over FY2013-2014 period), and improving profitability of the fleet operators on account of firm freight rates and decline in diesel prices. The industry is likely to reach pre-slowdown levels by FY2018. Apart from growth in the springs segment, JAI is witnessing robust demand for lift axles used in multi axle vehicles (JAI commenced supplies to market leader Ashok Leyland). JAI is also in negotiation with high-end bus manufacturers for supplies of air suspension systems. We expect the share of new products to inch up from 4% of revenues in FY2015 to 7% by FY2018. We expect JAI...

Jamna Auto Industries Ltd. has gained 33.03% in the last 6 Months

Is Jamna Auto Industries Ltd. worth buying?

693 Votes:

Buy 80.38%

Sell 9.96%

Hold 9.67%