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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Jamna Auto Industries Limited is engaged in the manufacturing of diverse parts and accessories for motor vehicles. The Company is in the business of manufacturing automotive suspension, which includes parabolic and tapered leaf spring, lift axle and air suspension, stabilizer…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
An exceptional, steadily growing business, fairly priced.
Jamna Auto Industries is scored on the general / industrial framework. It keeps a slim 8.8% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.21× reported profit. Free cash flow is worth about 4.8% of its market value.
Over the last 3 years revenue compounded at 4%/yr and profit at 11%/yr. Book value has grown 14%/yr. Return on equity is an elite 20.1%. In the latest quarter profit fell 44% versus the prior quarter.
At 24× earnings, the stock sits at the 47th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~11%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 23.47 | 37.55 | better |
| P/B | 4.78 | 4.15 | worse |
| EV/EBITDA | 13.53 | 17.82 | better |
| ROE | 20.14 | 13.31 | better |
| ROCE | 28.53 | 11.95 | better |
| ROA | 14.18 | 5.72 | better |
| Quick Ratio | 0.6 | 3.56 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Samvardhana Motherson Intl | 34.3 | 3.6 | 10.4% |
| Bosch | 63.4 | 10.1 | 15.8% |
| Uno Minda | 54.4 | 10.3 | 17.7% |
4% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Profit is growing faster than revenue (11% vs 4%) — margin expansion is at work.
Operating margin has expanded from 10% to 12% — the business is keeping more of each rupee earned.
ROE at 20% — the business earns well above its cost of equity. Low variance across years — a predictable business that earns steadily on its equity base.
11% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.2× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 27% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (37% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 21% above earlier ones.
Profit fell 44% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 44.8% — dispersed ownership; institutional flows drive the stock. Promoters reduced 5.1pp over 4 quarters — watch whether this is planned divestment or pledge invocations. FII stake up 5.8pp over 4 quarters — growing foreign interest. MF stake down 2.2pp — domestic funds are booking profits or rebalancing out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.