---
title: "Jullundur Motor Agency (Delhi) Ltd (JMA) — Share Price, Financials & Analysis"
symbol: "JMA"
company: "Jullundur Motor Agency (Delhi) Ltd"
canonical: "https://tapetide.com/stocks/JMA"
isin: "INE412C01023"
nse_symbol: "JMA"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 214.71
generated_at: "2026-09-13T19:36:24.961Z"
---

# Jullundur Motor Agency (Delhi) Ltd (JMA)

Canonical page: https://tapetide.com/stocks/JMA

## Company

- **NSE Symbol:** JMA
- **ISIN:** INE412C01023
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2015-03-16
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** jmaindia.com

## About

Incorporated in 1998, Jullundur Motor Agency (Delhi) Ltd is in the business of distribution of auto spare parts[1]

## Latest Price

- **Price:** ₹93.22
- **Change:** -2.29 (-2.4%)
- **Open:** ₹95.99
- **Day High:** ₹95.99
- **Day Low:** ₹91.35
- **Previous Close:** ₹95.51
- **Volume:** 14169
- **As Of:** 2026-09-11T09:58:26+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:58.536531Z.

- **Market Cap:** ₹214.71 Cr
- **Classification:** Microcap
- **P/E (reported):** 6.7
- **P/E (TTM):** 6.64
- **EPS (TTM):** ₹14.03
- **EPS (reported):** ₹11.35
- **Book Value:** ₹120.26
- **Price to Book:** 0.79
- **Dividend Yield:** 3.14%
- **ROE:** 10.42%
- **ROCE:** 14.08%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹621.9 Cr
- **Net Income:** ₹30.19 Cr
- **EBITDA:** ₹32.7 Cr
- **52-Week High:** ₹103.7
- **52-Week Low:** ₹70.25
- **RSI (14):** 59.82

## Tapetide Score

- **Score:** 67 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 98.2 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 77.84 | 9% |
| growth | 61.76 | 9% |
| momentum | 76.54 | 12% |
| ownership | 50 | 24% |
| quality | 68.3 | 22% |
| valuation | 78.98 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.78 times its book value
- Company has been maintaining a healthy dividend payout of 19.6%

### Weaknesses

- The company has delivered a poor sales growth of 9.93% over past five years.
- Company has a low return on equity of 11.3% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -116.83% | -178.82% | -108.26% |
| ebitda margin growth | -16.15% | -20.15% | -22.07% | -31.71% |
| net income growth | -17.53% | 15.23% | 3% | 6% |
| revenue growth | -6.93% | 10.34% | 7% | 10% |
| roce | -16.06% | -6.63% | -20.14% | 16.72% |
| roe | -17.77% | -7.87% | 11.65% | -26.1% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 127.2 | 135.93 | 152.61 | 128.93 | 126.74 | 141.05 | 159.01 | 139.04 | 141.65 | 168.59 | 172.63 | 160.47 |
| Expenses | 121.07 | 128.93 | 141.55 | 123.54 | 122.36 | 133.5 | 147.55 | 133.65 | 135.33 | 158.45 | 161.78 | 151.72 |
| Operating Profit | 6.13 | 7 | 11.06 | 5.39 | 4.38 | 7.55 | 11.46 | 5.39 | 6.32 | 10.14 | 10.85 | 8.75 |
| OPM % | 4.82 | 5.15 | 7.25 | 4.18 | 3.46 | 5.35 | 7.21 | 3.88 | 4.46 | 6.01 | 6.29 | 5.45 |
| Other Income | 1.6 | 1.66 | 1.82 | 1.81 | 1.91 | 1.92 | 2.24 | 2.45 | 2.05 | 2.09 | 2.11 | 2.13 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.28 | 0.28 | 0.29 | 0.25 | 0.26 | 0.28 | 0.26 | 0.23 | 0.25 | 0.26 | 0.26 | 0.22 |
| Profit before tax | 7.45 | 8.38 | 12.59 | 6.95 | 6.03 | 9.19 | 13.44 | 7.61 | 8.12 | 11.97 | 12.7 | 10.66 |
| Tax % | 26.98 | 25.06 | 24.54 | 26.19 | 29.85 | 25.9 | 25.37 | 26.15 | 26.35 | 25.4 | 23.78 | 25.33 |
| Net Profit | 5.44 | 6.28 | 9.51 | 5.13 | 4.24 | 6.81 | 10.03 | 5.61 | 5.98 | 8.93 | 9.69 | 7.96 |
| EPS in Rs | 2.34 | 2.71 | 4.1 | 2.21 | 1.82 | 2.93 | 4.31 | 2.41 | 2.57 | 3.84 | 4.19 | 3.43 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 327 | 355 | 362 | 387 | 437 | 503 | 534 | 556 | 622 | 643 |
| Expenses | 311 | 337 | 347 | 362 | 409 | 471 | 505 | 527 | 589 | 607 |
| Operating Profit | 15 | 19 | 15 | 26 | 29 | 32 | 29 | 29 | 33 | 36 |
| OPM % | 4.7 | 5 | 4.2 | 7 | 7 | 6 | 5 | 5 | 5 | 6 |
| Other Income | 5 | 6 | 6 | 7 | 5 | 6 | 7 | 8 | 9 | 8 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 19 | 24 | 19 | 31 | 33 | 37 | 35 | 36 | 40 | 43 |
| Tax % | 34 | 32 | 27 | 26 | 26 | 26 | 25 | 26 | 25 | — |
| Net Profit | 13 | 16 | 14 | 23 | 25 | 27 | 26 | 26 | 30 | 33 |
| EPS in Rs | 4.28 | 5.43 | 4.7 | 10 | 10.61 | 11.83 | 11.21 | 11.27 | 13.01 | 14.03 |
| Dividend Payout % | 19 | 15 | 21 | 20 | 19 | 17 | 18 | 18 | 23 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 132 | 144 | 154 | 167 | 158 | 178 | 200 | 223 | 244 | 270 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 64 | 70 | 87 | 73 | 80 | 88 | 89 | 99 | 96 | 78 |
| Total Liabilities | 202 | 220 | 247 | 246 | 242 | 270 | 294 | 326 | 345 | 353 |
| Fixed Assets | 11 | 11 | 13 | 15 | 14 | 13 | 17 | 17 | 16 | 16 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 24 | 28 | 13 | 3 | 3 | 2 | 3 | 4 | 4 | 6 |
| Other Assets | 167 | 182 | 221 | 228 | 225 | 254 | 274 | 305 | 324 | 331 |
| Total Assets | 202 | 220 | 247 | 246 | 242 | 270 | 294 | 326 | 345 | 353 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -5 | -5 | 9 | 8 | 24 | 12 | 3 | 12 | -2 | 11 |
| Cash from Investing Activity | 6 | 4 | -2 | 0 | 4 | -2 | 0 | -7 | -2 | -4 |
| Cash from Financing Activity | -3 | 0 | -6 | 0 | -35 | -5 | -5 | -5 | -5 | -5 |
| Net Cash Flow | -2 | -1 | 1 | 7 | -6 | 5 | -2 | 1 | -8 | 3 |
| Free Cash Flow | -6 | -5 | 9 | 4 | 25 | 12 | -2 | 11 | -2 | 11 |
| CFO/OP | 8 | 9 | 87 | 100 | 126 | 69 | 35 | 73 | 25 | 67 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 52 | 62 | 74 | 59 | 60 | 64 | 60 | 62 | 64 | 55 |
| Inventory Days | 55 | 69 | 81 | 78 | 70 | 66 | 69 | 73 | 79 | 68 |
| Days Payable | 56 | 79 | 88 | 72 | 78 | 75 | 65 | 70 | 65 | 45 |
| Cash Conversion Cycle | 50 | 52 | 66 | 65 | 52 | 55 | 64 | 65 | 77 | 78 |
| Working Capital Days | 55 | 73 | 83 | 103 | 119 | 109 | 104 | 126 | 136 | 107 |
| ROCE % | 16 | 13 | 15 | 12 | 18 | 19 | 19 | 16 | 15 | 15 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.05% | 0.05% | 0.05% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 41.05% | 41.1% | 40.96% | 40.21% | 40.43% | 40.54% | 40.61% | 40.55% | 40.58% | 40.63% | 40.1% | 39.97% |
| Others | 7.94% | 7.89% | 8.04% | 8.78% | 8.56% | 8.46% | 8.38% | 8.44% | 8.42% | 8.32% | 8.85% | 8.98% |
| No. of Shareholders | 10769 | 10960 | 13109 | 12339 | 12116 | 11957 | 11964 | 12296 | 12309 | 12096 | 11613 | 11374 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 7 / 0

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 92.24 | Buy |
| EMA (10) | 92.65 | Buy |
| SMA (20) | 91.43 | Buy |
| EMA (20) | 91.65 | Buy |
| SMA (50) | 89.71 | Buy |
| EMA (50) | 90.35 | Buy |
| SMA (100) | 89.67 | Buy |
| EMA (100) | 89.1 | Buy |
| SMA (200) | 85.47 | Buy |
| EMA (200) | 87.84 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.34 | Neutral |
| MACD (12,26,9) | 1.15 | Buy |
| Stochastic (14,3,3) | 50.28 | Neutral |
| ADX (14) | 21.65 | Neutral |
| Williams %R (14) | -63.9 | Neutral |
| ATR (14) | 4.47 | High Volatility |
| ROC (12) | 2.7 | Buy |
| Stoch RSI (14) | 39.58 | Neutral |
| UO (7,14,28) | 45.68 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-25 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/JMA_25082026175333_JMA_Reg30_OutcomeOf77thAGM.pdf) |
| 2026-08-25 | [Appointment](https://nsearchives.nseindia.com/corporate/JMA_25082026175344_JMA_Reg30_OutcomeOf77thAGM.pdf) |
| 2026-08-25 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/JMA_25082026175250_JMA_ProceedingsOf77thAGM.pdf) |
| 2026-08-14 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/JMA_14082026142402_NewspaperCuttingsOfPublishedUnAuditedFinancialResults_30062026.pdf) |
| 2026-07-31 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/JMA_31072026144514_JMA_NewspaperCuttingofPublishedNoticeOfAGM.pdf) |
| 2026-07-31 | [Record Date](https://nsearchives.nseindia.com/corporate/JMA_31072026141840_JMAIntimationOfRecordDate.pdf) |
| 2026-07-31 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/JMA_31072026141416_JMAIntimationOf77thAGM.pdf) |
| 2026-07-08 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/JMA_08072026160330_JMANewspaperCuttingOfPublishedNoticeToShareholders_08072026.pdf) |
| 2026-07-08 | [Reply to Clarification- Financial results](https://nsearchives.nseindia.com/corporate/JMA_25062026135800_JMA_ClarificationOnAFR_25062026.pdf) |
| 2026-07-07 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/JMA_07072026151225_DisclosureUnderReg74_5_30062026.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/JMA_13082026144952_OutcomeOfBoardMeeting_13082026.pdf) |
| 2026-05-28 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/JMA_28052026173308_JMA_IntimationUnderReg30_28052026.pdf) |
| 2026-05-28 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/JMA_28052026172611_JMA_OutcomeOfBM_28052026.pdf) |
| 2026-02-12 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/JMA_12022026163404_JMA_OutcomeOfBoardMeeting_12022026.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/JMA_13112025161710_OutcomeOfBoardMeeting_13112025.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 24 June 2026 - Exchange has sought clarification from Jullundur Motor Agency (Delhi) Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, … | [Clarification - Financial Results 24 June 2026 - Exchange has sought clarification from Jullundur Motor Agency (Delhi) Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, …](https://www.nseindia.com/get-quotes/equity?symbol=JMA) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_30093_JMA_2025_2026_A_3324796_31072026143958.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_27224_JMA_2024_2025_A_01082025170739.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_24773_JMA_2023_2024_0208202413489.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_22593_JMA_2022_2023_01082023161043.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20552_JMA_2021_2022_01082022174205.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_18568_JMA_2020_2021_31072021172855_03082021194648.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/AR_17363_JMA_2019_2020_05092020141204_05092020150008.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/AR_15492_JMA_2018_2019_30082019164439_30082019170009.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/AR_13759_JMA_2017_2018_28092018195603.zip) |
| from nse | [Annual Report 2017 from nse](https://archives.nseindia.com/annual_reports/AR_11735_JMA_2016_2017_28092017165350.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:36:24.961Z.