Jtekt India Limited — Investor Meet, 02-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

JTEKT India’s sales grew 7% in FY24-25, outperforming the passenger vehicle market’s 3.7% rise, but EBITDA margin dropped to 7.6% from 9.5% due to export declines, recalls, and cost pressures. Fixed costs stayed controlled. A Rs. 287 Cr CAPEX is underway, focusing on CPS, manual gear, and CVJ lines near full capacity. A new Rs. 650 Cr Gujarat plant will boost Western presence and future growth. Management aims to improve margins through efficiency, cost control, and higher-margin CVJ and export ramp-up. EV export supplies for Maruti start July. Management is confident about industry growth and full capacity use by FY27.