BSE: JAYBHARATM CMP: Rs 171.38 P/E: 13.49x ROCE: 16.44% 6M Ret: +88.93% Div Yld: 0.41% ATH: Rs 178.89
Key Performance Indicators
Jay Bharat Maru. trades at Rs 171.38 on BSE (JAYBHARATM), with a market capitalisation of Rs 1859.65 crore. The price-to-earnings ratio is 13.49x. Return on capital employed stands at 16.44%. The six-month return is +88.93%. Quarterly net profit is Rs 78.86 crore (+302.35% year-on-year change). Quarterly sales stand at Rs 766.01 crore (+25.44% year-on-year). The dividend yield is 0.41%. The all-time high is Rs 178.89, 4.4% above the current price.
Highlights
Jay Bharat Maru. has delivered a six-month return of 88.93%, with a market capitalisation of Rs 1859.65 crore at the current price of Rs 171.38. The all-time high of Rs 178.89 sits 4.4% above the current price, indicating the stock has corrected from its historical peak and offers headroom for appreciation toward that level. The company's ROCE of 16.44% — above the 15% quality threshold, indicating the business generates meaningful returns above the cost of capital — is a key distinguishing fundamental metric.
The P/E of 13.49x is at or below the Indian market average — an attractive entry multiple if the ROCE and earnings growth profile is sustainable. The dividend yield of 0.41% provides a meaningful income component — a signal of cash generation capability and management's willingness to return capital. The industrials sector tailwinds — industrial PLI schemes, infrastructure investment, and manufacturing growth — provide structural support for sustained revenue and earnings growth.
Business Overview
Jay Bharat Maruti Limited is a major supplier of sheet metal components, exhaust systems, and pressed metal assemblies to Maruti Suzuki — India's largest passenger car manufacturer — through a long-standing strategic supply relationship. The company operates as a dedicated Tier-1 supplier in the Maruti Suzuki ecosystem, manufacturing critical body parts, structural components, and exhaust assemblies at its facilities in the Gurugram-Manesar automotive belt of Haryana.
The quarterly profit of Rs 78.86 crore growing 302.35% on revenue of Rs 766.01 crore growing 25.44% reflects strong operational performance, with profit growing more than three times faster than revenue — indicating significant margin improvement alongside volume growth. The P/E of 13.49 times — among the lowest in this entire dataset — combined with a dividend yield of 0.41% and ROCE of 16.44% creates a compelling value-quality combination. The six-month return of 88.93% and the all-time high of Rs 178.89 — just Rs 7.51 above the current price of Rs 171.38 — indicate the stock is near its historical ceiling.
Financial Analysis
Jay Bharat Maru.'s most recent quarterly financial results show revenue of Rs 766.01 crore (+25.44% year-on-year) and net profit of Rs 78.86 crore (302.35% year-on-year variation). The triple-digit profit growth rate substantially outpaces revenue growth — a pattern that signals meaningful margin expansion, operating leverage taking effect, or non-recurring income contribution that should be verified through the quarterly results commentary.
The ROCE of 16.44% is the primary quality indicator for this business. At 16.44%, the business crosses the threshold that Warren Buffett famously cited as a hallmark of exceptional businesses — generating returns on capital substantially above typical cost of capital levels, creating economic value with each rupee reinvested.
At Rs 1859.65 crore — a small-cap company — Jay Bharat Maru. may have limited institutional research coverage, making self-directed analysis of BSE exchange filings, quarterly results, and annual reports especially important for investors forming an investment view.
Investor Highlights
The investment case for Jay Bharat Maru. rests on the combination of a 16.44% ROCE — indicating a capital-efficient business with sustainable competitive advantages — and a demonstrated revenue and earnings growth trajectory that supports the current P/E of 13.49x. The combination of solid ROCE with consistent earnings growth creates a compounding engine where both business scale and per-share earnings grow simultaneously, supporting share price appreciation over a full investment cycle.
With the current price 4.4% below the all-time high of Rs 178.89, there is established headroom toward the historical peak. If fundamental performance continues to deliver quarterly profit growth and improving ROCE, the stock has a reference target for re-rating toward the all-time high level.
The dividend yield of 0.41% provides a foundational income return that is independent of capital appreciation — a meaningful characteristic for investors who value income alongside growth. A dividend-paying company with a positive ROCE above 15% is distributing cash it does not need for reinvestment at attractive rates, implying the business generates more cash than its optimal reinvestment requirements. Investors should access the company's latest annual report and quarterly results on the BSE/NSE portal for current financial data and management commentary on the growth outlook.
Frequently Asked Questions
Q: What does Jay Bharat Maru. do and why has it delivered a 88.93% six-month return?
A: Jay Bharat Maru. operates in India's industrials sector. The 88.93% six-month return reflects a combination of sector-level tailwinds, improving quarterly financial performance — quarterly profit growing 302.35% and revenue growing 25.44% year-on-year — and market re-rating of the company's growth and quality profile. Specific business details and catalysts are documented in BSE/NSE exchange filings.
Q: What does the ROCE of 16.44% indicate about Jay Bharat Maru.'s business quality?
A: Jay Bharat Maru.'s ROCE of 16.44% measures pre-tax profit generated per rupee of total capital employed. At 16.44%, the business consistently generates returns above the typical cost of capital for Indian companies — a hallmark of businesses with durable competitive advantages, whether from technology, relationships, scale, or regulatory positioning. Tracking ROCE over multiple quarters provides a leading indicator of business quality improvement or deterioration.
Q: How does the P/E of 13.49x compare to fundamentals for Jay Bharat Maru.?
A: The P/E of 13.49x should be assessed in conjunction with the earnings growth rate and ROCE. At 13.49x — below or at the Indian market average — the stock is conservatively priced for a business generating 16.44% ROCE, potentially representing a value opportunity if the earnings growth profile is sustained.
Q: What is Jay Bharat Maru.'s all-time high and how far is the current price from it?
A: Jay Bharat Maru.'s all-time high is Rs 178.89. The current price of Rs 171.38 is 4.4% below the all-time high, offering potential headroom for appreciation if fundamental performance supports continued market re-rating. The all-time high provides a reference ceiling that informs sentiment and potential price target discussion, though fundamental value — determined by earnings, ROCE, and growth — is the primary determinant of sustainable price levels.
Q: Where can investors access Jay Bharat Maru.'s official financial data and disclosures?
A: Jay Bharat Maru.'s quarterly results, annual reports, investor presentations, shareholding patterns, and all material corporate announcements are filed with BSE and are freely accessible through the exchange filing portals at nseindia.com and bseindia.com. SEBI listing regulations mandate timely disclosure of all financial results and material developments. These filings are the primary source of verified financial and operational data for investment analysis.