Jtekt India Ltd

Jtekt India Ltd has announced the closure of its trading window for dealing in the company's securities. This restriction will be in effect from Thursday, October 1, 2026, and will remain closed until 48 hours after the declaration of the un-audited financial results for the quarter ending September 30, 2026. The specific date for the Board Meeting to consider these financial results will be communicated later. The company's code of conduct, in compliance with SEBI regulations, mandates this closure to prevent insider trading.

Jtekt India Ltd has submitted its fourth Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Brickwork Ratings India Private Limited, details the utilization of funds raised through a Rights Issue of equity shares. The total funds raised via the Rights Issue amounted to ₹249.89 Crore. According to the report, there have been no deviations from the stated objects for which the funds were raised. The company has also confirmed that this information will be available on its website.

Jtekt India Ltd announced its Un-audited Financial Results for the first quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 13, 2026. The company has submitted the results along with the Limited Review Report from its statutory auditors, B S R & Co. LLP. The financial information will also be available on the company's website.

Jtekt India's standalone Q1 FY27 (quarter ended 30 June 2026) results show a sharp profitability squeeze even as the topline grew: revenue from operations rose 26.9% YoY to ₹717.98 Cr (from ₹566.02 Cr in Q1 FY26), but net profit fell 42.5% YoY to ₹6.22 Cr (from ₹10.82 Cr), with EPS down to ₹0.22 from ₹0.42. Sequentially the decline is sharper still — PAT is down 77.4% QoQ from ₹27.49 Cr, even though revenue slipped a more modest 8.0% QoQ from ₹780.33 Cr, underlining this is a margin story rather than a demand story. No exceptional items hit either the current or year-ago quarter, so the decline is entirely operational rather than a one-off distortion. The margin bridge points to costs running ahead of revenue: net profit margin compressed to ~0.87% of total income from 1.88% YoY and 3.51% QoQ, while EBIT margin (profit before exceptional items and tax, over revenue) fell to 1.20% from 2.57% YoY and 5.24% QoQ. Employee benefit expense rose 21.0% YoY and 18.3% QoQ to ₹80.93 Cr — the single largest swing factor, moving opposite to the revenue trend in both comparisons. Materials cost also crept up to 72.8% of revenue versus 71.0-72.0% in the comparison quarters, a modest mix drag. Depreciation (+34.9% YoY to ₹28.31 Cr) and finance costs (+23.8% YoY to ₹5.20 Cr) both rose faster than revenue, consistent with new production lines the company has been commissioning using rights-issue proceeds. Against management's own May 2026 guidance — continued revenue growth toward ~₹800 Cr of annual additions, full utilisation of new lines within 1-1.5 years improving ROCE, and near-term margin pressure from product mix/accounting issues expected to normalise — this quarter is mixed: revenue growth of 26.9% YoY is broadly on the pace management flagged, but the margin pressure has not normalised — it has worsened both YoY and QoQ, so the quarter reads as a miss on the margin leg of that guidance. No specific street consensus estimates for this quarter were found (a Univest preview flagged raw-material cost volatility as a key margin risk without giving a PAT figure), so vs-street is unknown. The 2 July exchange clarification on 'volume surge, market driven factors' aligns with the strong YoY revenue print but does not explain the cost side. Separately, the board has set 7 August as record date and 26 August as AGM date for the ₹0.75/share FY26 final dividend already approved in May; the company also received a ₹622.39 demand notice for MEIS scrips on 4 August, a tax matter not reflected as an exceptional item in this statement. No standalone management press release beyond the exchange filing was available to cross-check management's own framing of the quarter.

Jtekt India Ltd has received a Show Cause Notice from the Office of the Additional Director General of Foreign Trade, CLA Delhi. The notice concerns a demand for recovery of MEIS duty credit scrips amounting to ₹622.39. This demand arises from the alleged excess sanction of MEIS benefits due to incorrect adoption of foreign exchange rates for converting FOB value into Indian Rupees, contrary to the Foreign Trade Policy 2015-20. The company states there is no impact on its financial or operational activities. The alleged contravention falls under the Foreign Trade (Regulation) Rules, 1993, and the Foreign Trade (Development & Regulation) Act, 1992.

Jtekt India Ltd has announced that Friday, August 7, 2026, has been fixed as the Record Date for determining the entitlement of members to the final dividend for the financial year ended March 31, 2026. The 42nd Annual General Meeting (AGM) will be held on Wednesday, August 26, 2026, via Video Conferencing. Shareholders registered as of the Record Date will be eligible for the dividend, if declared by shareholders at the AGM. The dividend, subject to tax deduction, will be paid within 30 days of the AGM. The company also provided details for remote e-voting, which will commence on August 23, 2026, and conclude on August 25, 2026. The Annual Report for FY 2025-26 and the AGM Notice have been dispatched to members.

Jtekt India Ltd has submitted its Business Responsibility and Sustainability Reporting (BRSR) for the Financial Year 2025-26, as required by SEBI regulations. The report, which is part of the Annual Report, details the company's corporate identity, business activities, operations, and employee data. Key disclosures include its CIN, incorporation year, registered and corporate addresses, contact information for queries, and stock exchange listings. The company's primary business activity is the manufacturing and assembling of automotive components, accounting for 99.19% of its turnover. Jtekt India serves 14 states nationally and 4 countries internationally, with exports contributing 2.58% to its total turnover. The report also provides detailed employee statistics, including a breakdown by gender and permanent/non-permanent status, and notes the absence of differently-abled employees during the reporting period. Turnover rates for permanent employees and workers over the past three fiscal years are also presented.

Jtekt India Ltd has announced details for its 42nd Annual General Meeting (AGM) scheduled for August 26, 2026, to be held via Video Conferencing. The company has also fixed August 7, 2026, as the record date for determining shareholders entitled to the final dividend for the financial year ended March 31, 2026. The Annual Report for FY 2025-26, along with the AGM notice, is being dispatched to members. Shareholders can participate through remote e-voting, which commences on August 23, 2026, and ends on August 25, 2026. The final dividend, if declared, will be paid within 30 days of the AGM.

Jtekt India Ltd has announced its 42nd Annual General Meeting (AGM) to be held on August 26, 2026, via Video Conferencing. The company will also distribute its Annual Report for the Financial Year 2025-26 to its members. Shareholders registered as of August 19, 2026, will be eligible to vote on resolutions, with remote e-voting available from August 23 to August 25, 2026. Additionally, August 7, 2026, has been fixed as the Record Date for determining entitlement to the final dividend for the financial year ended March 31, 2026, subject to declaration at the AGM. The dividend, if declared, will be paid within 30 days.

Jtekt India Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item for this meeting is to consider and approve the un-audited financial results for the first quarter ended June 30, 2026. The company also confirmed that the trading window for its securities will remain closed until August 15, 2026, following a previous intimation on June 25, 2026. This information will be disseminated on the company's official website.