JTEKT India Ltd.

Financial

	JTEKT India	Rane Madras	ZF Steering Gear (I)
Operational Metrics
Auto Ancillary Sector
Capacity Utilization - Auto Ancillary	61.0 %	n/a	n/a
Capacity Utilization- Steering	61.0 %	n/a	n/a
Capacity Utilization- Driveline	45.0 %	n/a	n/a
Unclassified
R&D as a % of Total Sales	0.03 %	1.13 %	0.39 %
Financials
5 yr Average ROE	7.35 %	-1.95 %	9.21 %
5yr average Equity Multiplier	1.76	5.01	1.33
5yr Average Asset Turnover Ratio	1.5	1.54	0.89
5yr Avg Net Profit Margin	2.67 %	-0.34 %	7.55 %
Price to Book	3.75	3.33	2.09
P/E	46.38	92.62	76.73
5yr Avg Cash Conversion Cycle	23.57 Days	12.05 Days	82.7 Days
Inventory Days	28.88 Days	39.15 Days	40.73 Days
Days Receivable	46.63 Days	55.18 Days	76.99 Days
Days Payable	62.56 Days	97.71 Days	45.2 Days
5yr Average Interest Coverage Ratio	12.13	1.03	31.39
5yr Avg ROCE	10.31 %	9.05 %	12.17 %
5yr Avg Operating Profit Margin	9.31 %	5.89 %	14.4 %
5 yr average Debt to Equity	0.14	2.33	0.16
5yr CAGR Net Profit	2.27 %	n/a	-19.17 %
5yr Average Return on Assets	4.13 %	-0.17 %	6.84 %
Shareholdings
Promoter Holding	74.98 %	70.45 %	66.93 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	1.0 %	-2.2 %	-0.5 %
Change in Mutual Fund Holding (3 Yrs)	6.87 %	0.07 %	0.0

Business

	JTEKT India	Rane Madras	ZF Steering Gear (I)
Product Wise Break-Up	Product Wise Break-Up CEPS 49.1 RPSM 24.7 Colomn 7.2 HPS 6.7 Axle 0 Brake Linings/Disc/Clutch 0 Valves, Guides & Tappets 0 Diecasting 0 Other Automotive Parts 0 Light Metal Casting Products 0 Hydraulic Products 0 Suspension and Linkage Products 0 Steering Gear Products 0 Renewable energy 0 Steering Gear 0 Mechanical Steering 0 Power Steering 0 Others 12.3	Product Wise Break-Up Renewable energy 0 HPS 0 Valves, Guides & Tappets 16.19 Diecasting 7.06 Mechanical Steering 0 Power Steering 0 Steering Gear Products 53.37 Axle 0 Brake Linings/Disc/Clutch 21.11 CEPS 0 Other Automotive Parts 0 RPSM 0 Light Metal Casting Products 0 Suspension and Linkage Products 0 Colomn 0 Hydraulic Products 0 Steering Gear 0 Others 2.27	Product Wise Break-Up Renewable energy 1.76 HPS 0 Valves, Guides & Tappets 0 Diecasting 0 Mechanical Steering 0 Power Steering 0 Steering Gear Products 0 Axle 0 Brake Linings/Disc/Clutch 0 CEPS 0 Other Automotive Parts 0 RPSM 0 Light Metal Casting Products 0 Suspension and Linkage Products 0 Colomn 0 Hydraulic Products 0 Steering Gear 92.69 Others 5.55
Segment Break-Up	Segment Break-Up Steering Gear Products 96.0 Driveline 4.0 Renewable Energy 0 Auto components 0	-	Segment Break-Up Auto components 97.04 Renewable Energy 1.73 Steering Gear Products 0 Driveline 0 Others 1.23
Location Wise Break-Up	Location Wise Break-Up Domestic 97.4 USA 2.5 International 0 India 0 Others 0.1	Location Wise Break-Up India 0 Domestic 76.0 International 24.0 USA 0	Location Wise Break-Up India 97.54 Domestic 0 International 2.46 USA 0
OEM vs Aftermarket	OEM vs Aftermarket OEM 90.0 After market 10.0 OEM & OES 0	OEM vs Aftermarket After market 0 OEM 0 OEM 81.0 Others 19.0	-
Customer Wise Break-Up	Customer Wise Break-Up Maruti Suzuki 65.13 Toyota Kirloskar Motor 15.53 Others 19.34	-	-
Asset Break-Up	Asset Break-Up India 100.0 USA 0 Rest of the world 0	Asset Break-Up India 95.57 Rest of the world 0 USA 0 Others 4.43	Asset Break-Up India 0 Rest of the world 0 USA 0 Others 100

JTEKT India Ltd.

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