# JTEKT India share price today (JTEKT India Ltd, NSE: JTEKTINDIA) > JTEKT India share price today: ₹117.17 at the NSE close on 3 November 2026, down 24.5% in a year. JTEKT India (NSE: JTEKTINDIA) is worth ₹3,240 crore, trades at a P/E of 42.3 and has closed between ₹108.80 and ₹161.14 over the past 52 weeks. > JTEKT India Ltd's P/E is near the low end of its own history, higher than only 27% of past readings, and its quarterly results are still getting worse. JTEKTINDIA · Auto Ancillaries - Gears · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/jtekt-india-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from fewer quarters than usual - Price: ₹117.17 (−24.5% in a year) - P/E: 42.3× (lower than 73% of the last 11 years) - Revenue (Jun 2026): ₹718 Cr (+26.8% on a year ago) - Profit (Jun 2026): ₹6.2 Cr (−42.5% on a year ago) - Operating margin: 5.3% (−0.1 points on a year ago) - ROCE: 10%, FY26 - Profit that came in as cash: 180%, last 3 years The main question: yearly earnings per share moved +2.2% while the share price moved −24.5%. ## What is the JTEKT India share price today? JTEKT India Ltd's share price was ₹117.17 at the close on 3 November 2026. It has been falling for 41 weeks. That is 9.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹109 and ₹161, and at that close it sat 16% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running. Over the last 11 years the share price moved +179% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at JTEKT India this quarter? Three changes stood out: revenue up on a year earlier for 17 quarters in a row, lowest operating margin in 24 quarters and profit fell in the June 2026 quarter. 1. Revenue up on a year earlier for 17 quarters in a row In the June 2026 quarter revenue was ₹718 crore, +26.8% on a year earlier. 2. Lowest operating margin in 24 quarters Operating margin was 5.3% in the June 2026 quarter, against 5.5% a year earlier. 3. Profit fell in the June 2026 quarter Profit was ₹6 crore, -42.5% on a year earlier (₹11 crore), after 2 quarters of growth. ## What are JTEKT India's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), JTEKT India reported revenue of ₹718 crore, up 26.8% from ₹566 crore a year earlier, and a profit of ₹6.22 crore, down 42.5% from ₹10.8 crore. ### JTEKT India results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹718 crore | ₹566 crore | +26.8% | | Profit | ₹6.22 crore | ₹10.8 crore | −42.5% | | Earnings per share | ₹0.22 | ₹0.39 | −43.6% | | Operating margin | 5.3% | 5.5% | −0.1 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 20 May 2026, about January to March 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the JTEKT India share price history? JTEKT India closed at ₹117.17 on 3 November 2026, down 24.5% from ₹155.25 a year earlier (31 October 2025) and up 19.1% over five years. Its highest weekly close since March 2016 was ₹214.67 on 5 July 2024. ### JTEKT India share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹108.80 | +7.7% | | 1 month ago · 1 Oct 2026 | ₹115.85 | +1.1% | | 6 months ago · 30 Apr 2026 | ₹136.12 | −13.9% | | 1 year ago · 31 Oct 2025 | ₹155.25 | −24.5% | | 3 years ago · 3 Nov 2023 | ₹131.97 | −11.2% | | 5 years ago · 4 Nov 2021 | ₹98.37 | +19.1% | | 10 years ago · 4 Nov 2016 | ₹58.94 | +98.8% | | Earliest weekly close in our records · 11 Mar 2016 | ₹41.97 | +179.2% | | Highest weekly close since March 2016 · 5 Jul 2024 | ₹214.67 | −45.4% | | Lowest weekly close since March 2016 · 3 Apr 2020 | ₹35.17 | +233.2% | | 52-week high (weekly close) · 7 Nov 2025 | ₹161.14 | −27.3% | | 52-week low (weekly close) · 23 Oct 2026 | ₹108.80 | +7.7% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on JTEKT India? 3 Nov 2026: JTEKT India closed at ₹117.17, up 7.7% on the week and up 1.1% on the month. 7 Aug 2026: ex-date for a dividend of ₹0.75 a share. ### Earlier - Results for April to June 2026: Revenue up 26.8% and profit down 42.5% on a year earlier. - 20 May 2026: JTEKT India held its results call for January to March 2026. Management guided: Honda SUV EV launch mid-FY27 (aiming for Dec 2026), 40,000 units worth ₹100 crore. ## What dividend does JTEKT India pay? JTEKT India paid ₹0.75 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.64% at the ₹117.17 close on 3 November 2026. The last was a dividend of ₹0.75 a share, ex-date 7 August 2026. ### JTEKT India dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 7 Aug 2026 | ₹0.75 | Dividend | same day | | 8 Aug 2025 | ₹0.70 | Dividend | 9 Aug 2025 | | 26 Jul 2024 | ₹0.60 | Dividend | n/a | | 28 Jul 2023 | ₹0.50 | Dividend | n/a | | 11 Aug 2022 | ₹0.40 | Dividend | n/a | | 2 Sep 2021 | ₹0.15 | Dividend | n/a | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. JTEKT India Ltd paid out 27% of its profit as dividends in FY26, and it paid a dividend in each of its last 15 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did JTEKT India management say on the latest results call? On the call for January to March 2026, held on 20 May 2026, JTEKT India's management guided: Honda SUV EV launch mid-FY27 (aiming for Dec 2026), 40,000 units worth ₹100 crore. > “We have exactly the same thinking. We have the capacity and need to utilize it; we expect full utilization within 18 months. Regarding ROCE, the capital work-in-progress of Rs 411 crore when removed improves ROCE to more than 11.0 percent, moving back toward historical 16.0-17.0 percent levels once fully deployed.” > Vikas Goyal, Chief Financial Officer, on the call for January to March 2026 ### What management guided - Maruti MPV EV Oct 2026 launch will drive CVJ utilization to 90.0 percent on two-line base. - CVJ revenue ₹250 plus crore at 90.0 percent capacity utilization post-MPV launch. - Brazil Stellantis: 70,000 units FY27 (first shipment May 2025), scaling 1.5 lakh FY28, 5.0 lakh long-term. - Brazil revenue ₹50-60 crore on 1.5 lakh units (FY28), ₹250 plus crore at 5.0 lakh (long-term) Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/2173/Conference Call/CC-May26.pdf). (From the call for January to March 2026, 20 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.) ## What to watch in JTEKT India's next results? When JTEKT India reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Maruti MPV EV Oct 2026 launch timing and CVJ uptake trajectory - critical inflection for 90.0 percent two-line CVJ utilization and ₹250 plus crore revenue; watch start-of-production delays (prior approximately 2.0 months), production ramp, JTEKT content attachment. - What to check (from the call) - Maruti MPV EV Oct 2026 launch timing and CVJ uptake trajectory - critical inflection for 90.0 percent two-line CVJ utilization and ₹250 plus crore revenue; watch start-of-production delays (prior approximately 2.0 months), production ramp, JTEKT content attachment. - Honda SUV EV launch Dec 2026 volume against 40,000 unit goal and ₹100 crore revenue potential; validates recovery narrative offsetting FY26 trough and mix improvement opportunity. - Brazil Stellantis first shipment execution (May 2025) and scaling to 1.5 lakh by FY28; watch customer satisfaction, tariff headwinds, repeat-order confidence validating ₹50-60 crore potential. - Capacity utilization movement: CVJ line 2 (27.0 percent to 90.0 percent), manual line 6 (21.0 percent to 80.0-90.0 percent), C-EPS line 3 (50.0 percent to 90.0 percent) validating ₹800 crore growth and 18-month deployment thesis; track fixed-asset turnover improvement toward 3.0x goal. ## Which stock lists is JTEKT India on? JTEKT India is on one of our India lists: 52 week high & low. [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) ## Is JTEKT India profitable? JTEKT India Ltd earned ₹6.2 Cr of net profit in the Jun 2026 quarter, −42.5% on the same quarter a year earlier. Full-year FY26 profit was ₹77.0 Cr. Over 10 years profit has grown 11.9% a year on average. That is 0.9% of the quarter's revenue. The same quarter a year earlier earned ₹10.8 Cr. For the full year, FY26 profit was ₹77.0 Cr (+2.7% on the year before). Why profit moved: revenue changed +26.8% on a year earlier and the margin moved −0.1 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −3.1% and revenue +16.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does JTEKT India make, and is it growing? JTEKT India Ltd reported ₹718 Cr of revenue in the Jun 2026 quarter, +26.8% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 9.5% a year on average. The last full year, FY26, came in at ₹2,666 Cr. The last four reported quarters add to ₹2,818 Cr. FY26 revenue was ₹2,666 Cr, +11.1% on the year before. Recent pace: the last four quarters grew +16.9% on average, against 9.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +16.8%, against +10.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +1.5%, against −16.3% a year (accelerating). ## How much of every ₹100 of sales does JTEKT India keep? JTEKT India Ltd's operating margin was 5.3% in the Jun 2026 quarter, 0.1 percentage points lower than the same quarter a year ago. Across 15 years it has been between 7.0% and 13.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −0.1 percentage points on the year while gross margin changed −0.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is JTEKT India's profit turning into cash? Over the last 3 years, 180% of JTEKT India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹99.0 Cr of operating cash against ₹77.0 Cr of profit. After ₹441 Cr of spending on assets, free cash was −₹342 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 180% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. What to look at next: the bigger use of cash is spending on new assets, at 3.9× depreciation over three years. The next section checks what that spending is building. ## Where does JTEKT India's cash go? JTEKT India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 37 days in FY26, down from 39 days in FY21. It spent ₹1,018 Cr on assets over the last 3 years. Customers take 52 days to pay, and stock sits for 43 days on average. At FY26 sales of ₹2,666 Cr, each day of that cycle ties up about ₹7.3 Cr, so roughly ₹270 Cr is tied up in the business at any time. FY26: customers took 52 days to pay and stock sat for 43 days, about 1.4 months of sales sitting as stock, for a full cycle of 37 days, shorter than FY21's 39. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 43 days. Customers pay about 52 days after that. Suppliers are paid at 58 days. Together that makes the 37-day cycle. Spending on assets: ₹1,018 Cr over the last 3 years, against ₹263 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹400 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is JTEKT India's P/E ratio, and how does it compare with its own history? JTEKT India Ltd's P/E is 42.3×, near the low end of its own history: it has been lower only 27% of the time. Its usual P/E (the middle reading) is 47.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹2.60. Why the multiple is where it is: over the past year earnings per share moved +2.2% while the price moved −24.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +3.6% a year; about +9.2% a year came from earnings growth and about −5.6 percentage points from the multiple (the market paying less); over 10 years the price moved +7.1% a year; about +11.5% a year came from earnings growth and about −4.4 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 17% on reported income across 21 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the JTEKT India business getting better or worse? JTEKT India Ltd's business is turning around. Profit growth has swung from −29.6% at its low to +1.5%, rising from a low 4 quarters ago, with ROCE falling at 10.0%. This is based on 12 quarters of 4 measures, with some gaps. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does JTEKT India earn on its capital? JTEKT India Ltd earned a ROCE of 10% in FY26. That is up from a low of 3% in FY21. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 2.9% net margin and 1.35× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 2.9% net margin × 1.35× asset turnover × 1.67× leverage (assets divided by equity) ≈ 6.5% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 17% on reported income across 21 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does JTEKT India have too much debt? JTEKT India Ltd had ₹340 Cr of borrowings against ₹1,186 Cr of equity in FY26, so its debt is 0.29× its equity. Its operating profit is 13 times its interest bill. Over 5 years borrowings went from ₹49.0 Cr to ₹340 Cr. Over the last 3 of those years it spent ₹1,018 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 17% on reported income across 21 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the JTEKT India shareholding pattern? Domestic institutions raised their stake in JTEKT India Ltd by 1.4 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 10.2% of the company. Promoters moved +0.0 points over the same period, to 75.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +1.4 points over 8 quarters, to 10.2%; Promoters: +0.0 points over 8 quarters, to 75.0%; Foreign institutions: +0.0 points over 8 quarters, to 0.4%. Why the owners changed: domestic institutions drove it (+1.4 points). They raised their stake step by step. ## How far is JTEKT India from balance-sheet trouble? For JTEKT India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does JTEKT India rank in its industry? 40.1 out of 100, rank 5 of 7 in Auto Ancillaries - Gears, with 78% of the evidence available. JTEKT India Ltd scores 40.1 out of 100 against the 7 companies it is compared with in Auto Ancillaries - Gears, ranking 5. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 16.8 + 10.6 + 12 + 0.7 = 40.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is JTEKT India compared with? JTEKT India ranks 5 of 7 Auto Ancillaries - Gears companies on the 4-Factor Sector Score, with 40.1 out of 100. 1. [Rane (Madras) Ltd](https://www.sectoralpha.in/stocks/rane-madrasltd) RML · leader · Evidence leans up · 71% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 16% · Profit 100% · Operating margin change 0 points · 83% evidence Capital efficiency 12.1/25 · ROCE 14% · Operating margin 8% · 76% evidence Valuation 11.5/20 · P/E 27.1× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 8.3% · Lead over NIFTY 500 29.3% · 1 year 45.3% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24.4 + 12.1 + 11.5 + 14 = 62 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [RACL Geartech Ltd](https://www.sectoralpha.in/stocks/racl-geartech-ltd) RACLGEAR · leader · Evidence leans up · 96% evidence 58.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.1/35 · Revenue 28.2% · Profit 78.1% · Operating margin change 5.4 points · 88% evidence Capital efficiency 19.7/25 · ROCE 16.9% · Operating margin 24.1% · 100% evidence Valuation 4.2/20 · P/E 32.4× · PEG 6.01 · 100% evidence Relative strength 4.4/20 · Lead over its industry -8.6% · Lead over NIFTY 500 10.2% · 1 year 18.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 30.1 + 19.7 + 4.2 + 4.4 = 58.4 · What this means: Earnings are strong; relative strength in its sector is -8.6% and the one-year return is 18.4%. 3. [Sar Auto Products Ltd](https://www.sectoralpha.in/stocks/sar-auto-products-ltd) Too little evidence to rank firmly · 56% evidence 43.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.7/43.75 · Revenue 39.9% · Profit 100% · Operating margin change -4.2 points · 83% evidence Capital efficiency 7.3/31.25 · ROCE 2.1% · Operating margin 12.6% · 95% evidence Valuation 10.6/25 · P/E 4220× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 25.7 + 7.3 + 10.6 = 43.6 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Z F Steering Gear (India) Ltd](https://www.sectoralpha.in/stocks/z-f-steering-gear-indialtd) ZFSTEERING · turning · Evidence leans down · 63% evidence 42.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.6/35 · Revenue 16.4% · Profit 66.7% · Operating margin change -5 points · 83% evidence Capital efficiency 6.4/25 · ROCE 6.5% · Operating margin 9% · 76% evidence Valuation 9.6/20 · P/E 32.5× · PEG n/a · 50% evidence Relative strength 10.2/20 · Lead over its industry n/a · Lead over NIFTY 500 2.9% · 1 year -27.5% · 25% evidence · 5 of 12 weeks ahead Exact sum: 16.6 + 6.4 + 9.6 + 10.2 = 42.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. JTEKT India Ltd this page JTEKTINDIA · basing · Evidence leans down · 78% evidence 40.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue 16.8% · Profit 1.5% · Operating margin change -0.1 points · 83% evidence Capital efficiency 10.6/25 · ROCE 9.8% · Operating margin 5.3% · 76% evidence Valuation 12.0/20 · P/E 39.7× · PEG n/a · 50% evidence Relative strength 0.7/20 · Lead over its industry -30.2% · Lead over NIFTY 500 -14% · 1 year -29.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.8 + 10.6 + 12 + 0.7 = 40.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Shanthi Gears Ltd](https://www.sectoralpha.in/stocks/shanthi-gears-ltd) SHANTIGEAR · breaking out · Evidence leans down · 85% evidence 36.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.2/35 · Revenue -14.4% · Profit -37.6% · Operating margin change -2 points · 100% evidence Capital efficiency 18.9/25 · ROCE 25.6% · Operating margin 18% · 100% evidence Valuation 1.1/20 · P/E 58.5× · PEG 3.18 · 100% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 3.4% · 1 year -4.4% · 25% evidence · 10 of 12 weeks ahead Exact sum: 5.2 + 18.9 + 1.1 + 10.9 = 36.1 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 7. [The Hi-Tech Gears Ltd](https://www.sectoralpha.in/stocks/the-hi-tech-gears-ltd) HITECHGEAR · basing · Most evidence points down · 74% evidence 31.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.3/35 · Revenue 5.5% · Profit -38.6% · Operating margin change -1.1 points · 88% evidence Capital efficiency 10.9/25 · ROCE 6.9% · Operating margin 11.1% · 100% evidence Valuation 4.5/20 · P/E 47.7× · PEG 3.3 · 65% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.7% · 1 year -37.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 8.3 + 10.9 + 4.5 + 7.5 = 31.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto Ancillaries - Gears](https://www.sectoralpha.in/sectors/auto-ancillaries-gears), all 7 compared on one page. ## Which companies are close to JTEKT India in size? JTEKT India is the 4th largest of 7 Auto Ancillaries - Gears companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Sar Auto Products, Shanthi Gears and Rane (Madras). Just below it: RACL Geartech, The Hi-Tech Gears and Z F Steering Gear (India). ### Auto Ancillaries - Gears companies close in size 1. [Sar Auto Products Ltd](https://www.sectoralpha.in/stocks/sar-auto-products-ltd) ₹3,883 crore 2. [Shanthi Gears Ltd](https://www.sectoralpha.in/stocks/shanthi-gears-ltd) ₹3,599 crore 3. [Rane (Madras) Ltd](https://www.sectoralpha.in/stocks/rane-madrasltd) ₹3,271 crore 4. JTEKT India Ltd ₹3,042 crore 5. [RACL Geartech Ltd](https://www.sectoralpha.in/stocks/racl-geartech-ltd) ₹1,612 crore 6. [The Hi-Tech Gears Ltd](https://www.sectoralpha.in/stocks/the-hi-tech-gears-ltd) ₹941 crore 7. [Z F Steering Gear (India) Ltd](https://www.sectoralpha.in/stocks/z-f-steering-gear-indialtd) ₹655 crore [All 7 Auto Ancillaries - Gears companies, largest first](https://www.sectoralpha.in/sectors/auto-ancillaries-gears#all-companies) ### Companies close in size in other industries 1. [Sangam (India) Ltd](https://www.sectoralpha.in/stocks/sangam-indialtd) ₹3,059 crore · Textiles - Spinning 2. [Jash Engineering Ltd](https://www.sectoralpha.in/stocks/jash-engineering-ltd) ₹3,053 crore · Water Treatment 3. JTEKT India Ltd ₹3,042 crore 4. [Pondy Oxides & Chemicals Ltd](https://www.sectoralpha.in/stocks/pondy-oxides-chemicals-ltd) ₹3,033 crore · Recycling 5. [Ratnaveer Precision Engineering Ltd](https://www.sectoralpha.in/stocks/ratnaveer-precision-engineering-ltd) ₹3,023 crore · Stainless Steel ## What else do people ask about JTEKT India? ### What is JTEKT India's share price today? JTEKT India Ltd's share price is ₹117.17, −24.5% over the past year. The whole company is worth ₹3,240 Cr on the market. In the last 52 weeks it traded between ₹109 to ₹161; today it is 16% of the way up from the low, 9.8% below its 200-day average (as of 3 November 2026). ### What were JTEKT India's latest quarterly results? JTEKT India Ltd reported revenue of ₹718 Cr and net profit of ₹6.2 Cr for the Jun 2026 quarter. Revenue rose 26.8% and profit fell 42.5% compared with a year earlier. Earnings per share were ₹0.22. The operating margin was 5.3%, 0.1 percentage points lower than a year earlier (as of 3 November 2026). ### What is JTEKT India's market cap? JTEKT India Ltd's market capitalisation is ₹3,240 Cr at a share price of ₹117.17. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is JTEKT India performing? JTEKT India Ltd's share price has been falling for 41 weeks. In its latest quarter, revenue rose 26.8% and profit fell 42.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 12 weeks running (as of 3 November 2026). ### Will JTEKT India's share price go up? This page does not forecast JTEKT India Ltd's share price. What it shows instead: the share price is ₹117.17, and it has been falling for 41 weeks. Its P/E of 42.3× is higher than 27% of its own last 11 years (as of 3 November 2026). ### Where is JTEKT India in its business cycle? JTEKT India Ltd's FY26 operating margin was 8.0%, against a 15-year range of 7.0% to 13.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 5.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the JTEKT India story? The main question: yearly earnings per share moved +2.2% while the share price moved −24.5%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is JTEKT India a stock worth studying right now? What the numbers show: JTEKT India Ltd's P/E is near the low end of its own history, higher than only 27% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a JTEKT India share price forecast for 2026? What management itself guided: Honda SUV EV launch mid-FY27 (aiming for Dec 2026), 40,000 units worth ₹100 crore. ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india This is research, not advice. We’re not SEBI-registered.