JTEKT India Limited (520057) Earnings Call Transcripts

JTEKT India Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY 2025-26, JTEKT India Limited reported a revenue increase of 11% year-over-year, outperforming the passenger vehicle market growth of 9%. The company achieved sales of 5.54 million units in the passenger vehicle segment, with notable contributions from Maruti Suzuki and Mahindra Mahindra. However, EBITDA margins declined slightly to 7.5% for the fiscal year, down 0.1% from the previous year. Management maintained a positive outlook, signaling potential for revenue growth driven by new model launches and increased export opportunities, particularly to Brazil and the U.S.

Reported metrics

Guidance from management

Management expects continued revenue growth driven by new model launches and improved export opportunities, with a target of achieving full capacity utilization within 1.5 years.

What management said

Good afternoon, ladies and gentlemen. Let me introduce the team here from JTEKT India site. We have with us Mr. Yosuke Fujiwara-san, he is our full-time director. We have Mr. Damin Rao. He's a technical adviser and part of the MT office. Mr. Ashis Singh is Divisional Head Strategy Division, he is responsible for sales and marketing as well. Vikas Goel, he is Chief Financial Officer of the company; and I'm Rajiv Chana...

Correct. That has not already commenced. The new facility in our understanding is that we began in the first half of '29, which will increase their capacity towards old-line vehicles per year. This is our understanding.

What analysts pressed on

Analysts expressed concerns regarding the declining EBITDA margins and the impact of product mix changes on profitability. There were also questions about the company's ability to maintain growth amidst market fluctuations, particularly with Honda's declining sales affecting overall performance.

Main topics on the call

• Revenue Growth — JTEKT India achieved an 11% sales growth for FY 2025-26, surpassing the passenger vehicle market growth of 9%. Management noted, "Our sales to Mahindra Mahindra and Tata also increased by 17%."
• EBITDA Margin Decline — Despite a strong second half, the overall EBITDA margin for FY 2025-26 declined to 7.5% from 7.6% the previous year. Management explained that "the full year margin declined from 7.60% last year to 7.5% in the calendar F...
• Impact of GST Reduction — The reduction in GST rates significantly boosted demand, particularly for smaller vehicles. Management noted, "This change improves vehicle affordability particularly for the small size segment in the second half of FY '...
• Export Growth Potential — Exports increased by 20% year-over-year, with management expressing optimism about future growth. They stated, "We expect U.S. exports to improve, we expect exposed to Brazil to improve."

Read the full JTEKT India Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 9 JTEKT India Limited earnings call transcripts on record, spanning June 24, 2020 to May 20, 2026. Based on this history, JTEKT India Limited reports annually. The most recent call on file is dated May 20, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

520057

Exchange

BSE

Country

IN

Sector

Consumer Discretionary

Industry

Automobile Components

Calls on record

9

First call

June 24, 2020

Most recent

May 20, 2026

Reporting cadence

annually