Jamna Auto Industries Ltd. is India’s largest manufacturer of parabolic springs and tapered leaf springs for commercial vehicles. It was incorporated in 1954 with its headquarters in New Delhi. The company’s total income for the quarter ended June 2022 was Rs 549.19 crore, down 12.43% from the previous quarter ended March 2022. On 19 August 2022, the company’s market capitalisation stood at Rs 4,633 crore.
The company is listed on the Bombay Stock Exchange with the code 520051 and on the National Stock Exchange with the code JAMNAAUTO.
Jamna Auto Industries Ltd. has tied up with US-based company Ridewell Corporation to introduce the latest technology in air suspension systems and ensure world-class ride comfort for buses. Its product portfolio comprises different types of springs, such as multi-leaf springs, parabolic springs, and tapered leaf springs. The company is India’s largest automotive springs manufacturer and the fifth largest in the world.
During FY 2021-2022, the company’s total revenue was Rs 1,722.39 crore, up 58.08% from the previous financial year, 2020-2021. The annual revenue growth of 58.08% outperformed its three-year CAGR of -7.0%. The profit after tax for FY 2021-2022 was Rs 140.80 crore.
On 30 June 2022, the company’s shareholding pattern highlighted a promoter stake of 49.98%, a foreign institutional investor stake of 6.63%, a domestic institutional investor stake of 13.82%, and a public stake of 29.56%. The promoter’s pledge was 3.8%. In the June 2022 quarter, the company’s mutual fund holdings increased from 13.39% to 13.57%, and its number of mutual fund schemes remained unchanged at 16.
The company’s top management comprises Mr Randeep Singh Jauhar, Mr Rakesh Kalra, Mr Pradeep Singh Jauhar, Ms Rashmi Duggal, Ms Shashi Bhushan Bansal, Mr S P S Kohli, and Ms Uma Kant Singhal. The auditors are S R Batliboi & Co. LLP. As on 30 June 2022, the company disclosed a total of 39.86 crore shares outstanding.
On 19 August 2022, Jamna Auto Industries Ltd.’s share price closed at Rs 116.10 on BSE, and on NSE, it closed at Rs 116.25. The company’s 52-week high share price was Rs 135.50, and the 52-week low share price was Rs 78.60. Jamna Auto Industries Ltd.’s one-year return to the investors was 39.96%.
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Jamna Auto Industries share price as on 13 Sep 2024 is Rs. 127.64. Over the past 6 months, the Jamna Auto Industries share price has increased by 2.85% and in the last one year, it has increased by 4.84%. The 52-week low for Jamna Auto Industries share price was Rs. 102.35 and 52-week high was Rs. 149.66.
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