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    Jay Ushin

    Delhi-NCR auto-components manufacturer operating as a joint venture with U-Shin Ltd, Japan, supplying components into India's automotive OEM supply chain.

    Automobile and Auto Components
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹331 Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital44444444
    Reserves72698293105116124132
    Borrowings127135123112148140111141
    Other Liabilities181143134151106141183147
    Total Liabilities384350343359364401422425
    AssetsFixed Assets180171173175180167134131
    CWIP108302766
    Investments0000003231
    Other Assets195170167184181227250256
    Total Assets384350343359364401422425

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating4366142822-162011
    Cash from Investing-24-29323-552
    Cash from Financing-18-40-16-30-2621-25-14
    SummaryCapital Expenditure
    Free Cash Flow103051710-13242
    FCF Margin

    Valuation

    Assumptions

    Current — 513252
    Price
    ₹862
    EPS (TTM)
    ₹45.98
    PE (TTM)
    18.8
    Profit growth
    10.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (20.1×) and current (18.8×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹862
    vs
    Fair value · 15% return
    ₹609
    29%Overvalued

    At 10.1% growth and a 19× exit, ₹862 only delivers your return if you pay ₹609. The price is currently baking in 17% growth.

    EPS grows 10.1%/yr for 5 years, then fades to 6% over 2, exits at 19×.

    YearGrowthEPS (₹)
    FY2710.1%50.62
    FY2810.1%55.74
    FY2910.1%61.37
    FY3010.1%67.56
    FY3110.1%74.39
    FY328.0% ·fade80.38
    FY336.0% ·fade85.20

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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