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    Jullundur Motor Agency (Delhi) Limited

    Pan-India distributor/trader of automotive aftermarket spare parts, operating through a branch and dealer network spanning around 58 Indian cities.

    Automobile and Auto Components
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹202 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 Capital65555555
    Reserves167158178200223244252270
    Borrowings00000000
    Other Liabilities7380888999967478
    Total Liabilities246242270294326345330353
    AssetsFixed Assets1514131717161616
    CWIP00000000
    Investments33234456
    Other Assets228225254274305324308331
    Total Assets246242270294326345330353

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating982412312-211
    Cash from Investing-204-20-7-2-4
    Cash from Financing-60-35-5-5-5-5-5
    SummaryCapital Expenditure
    Free Cash Flow942512-211-211
    FCF Margin

    Valuation

    Assumptions

    Current — JMA
    Price
    ₹93
    EPS (TTM)
    ₹13.01
    PE (TTM)
    7.2
    Profit growth
    3.3%

    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 (7.4×) and current (7.2×) 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
    ₹93
    vs
    Fair value · 15% return
    ₹45
    52%Overvalued

    At 3.3% growth and a 7× exit, ₹93 only delivers your return if you pay ₹45. The price is currently baking in 18% growth.

    EPS grows 3.3%/yr for 5 years, then fades to 6% over 2, exits at 7×.

    YearGrowthEPS (₹)
    FY273.3%13.44
    FY283.3%13.88
    FY293.3%14.34
    FY303.3%14.81
    FY313.3%15.30
    FY324.7% ·fade16.01
    FY336.0% ·fade16.98

    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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