JTEKT India Ltd
NSE:JTEKTINDIA
Income Statement
Earnings Waterfall
JTEKT India Ltd
Revenue
|
21.4B
INR
|
Cost of Revenue
|
-15.2B
INR
|
Gross Profit
|
6.2B
INR
|
Operating Expenses
|
-5B
INR
|
Operating Income
|
1.2B
INR
|
Other Expenses
|
-221.1m
INR
|
Net Income
|
960.3m
INR
|
Income Statement
JTEKT India Ltd
Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
14 888
N/A
|
14 600
-2%
|
14 123
-3%
|
14 685
+4%
|
15 013
+2%
|
14 923
-1%
|
15 285
+2%
|
15 460
+1%
|
15 249
-1%
|
15 530
+2%
|
15 704
+1%
|
15 560
-1%
|
15 367
-1%
|
15 183
-1%
|
14 919
-2%
|
14 901
0%
|
15 321
+3%
|
13 814
-10%
|
4 160
-70%
|
8 814
+112%
|
12 785
+45%
|
17 540
+37%
|
17 284
-1%
|
16 542
-4%
|
16 206
-2%
|
15 105
-7%
|
11 961
-21%
|
11 595
-3%
|
12 279
+6%
|
13 330
+9%
|
15 780
+18%
|
16 085
+2%
|
15 893
-1%
|
15 888
0%
|
17 396
+9%
|
19 254
+11%
|
19 838
+3%
|
20 439
+3%
|
20 497
+0%
|
20 626
+1%
|
21 436
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(10 567)
|
(10 246)
|
(9 801)
|
(10 112)
|
(10 348)
|
(10 985)
|
(10 491)
|
(10 556)
|
(10 288)
|
(11 101)
|
(10 422)
|
(10 294)
|
(10 142)
|
(10 761)
|
(9 729)
|
(9 710)
|
(9 950)
|
(10 174)
|
(2 737)
|
(5 818)
|
(8 443)
|
(12 518)
|
(11 467)
|
(11 023)
|
(10 834)
|
(10 941)
|
(8 005)
|
(7 775)
|
(8 335)
|
(9 829)
|
(10 880)
|
(11 143)
|
(10 988)
|
(11 888)
|
(12 183)
|
(13 590)
|
(14 097)
|
(14 461)
|
(14 558)
|
(14 641)
|
(15 226)
|
|
Gross Profit |
4 321
N/A
|
4 354
+1%
|
4 322
-1%
|
4 573
+6%
|
4 665
+2%
|
3 938
-16%
|
4 795
+22%
|
4 904
+2%
|
4 962
+1%
|
4 429
-11%
|
5 282
+19%
|
5 266
0%
|
5 226
-1%
|
4 422
-15%
|
5 190
+17%
|
5 191
+0%
|
5 371
+3%
|
3 640
-32%
|
1 423
-61%
|
2 997
+111%
|
4 342
+45%
|
5 022
+16%
|
5 817
+16%
|
5 519
-5%
|
5 372
-3%
|
4 164
-22%
|
3 956
-5%
|
3 821
-3%
|
3 944
+3%
|
3 500
-11%
|
4 899
+40%
|
4 941
+1%
|
4 905
-1%
|
4 000
-18%
|
5 213
+30%
|
5 664
+9%
|
5 741
+1%
|
5 978
+4%
|
5 939
-1%
|
5 985
+1%
|
6 210
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 163)
|
(3 294)
|
(3 371)
|
(3 458)
|
(3 509)
|
(2 769)
|
(3 657)
|
(3 831)
|
(3 972)
|
(3 269)
|
(4 135)
|
(4 175)
|
(4 178)
|
(3 439)
|
(4 259)
|
(4 277)
|
(4 379)
|
(2 934)
|
(1 198)
|
(2 459)
|
(3 588)
|
(3 764)
|
(4 728)
|
(4 592)
|
(4 595)
|
(3 704)
|
(4 137)
|
(4 034)
|
(3 990)
|
(3 302)
|
(4 192)
|
(4 235)
|
(4 233)
|
(3 434)
|
(4 414)
|
(4 579)
|
(4 663)
|
(4 828)
|
(4 879)
|
(4 922)
|
(5 029)
|
|
Selling, General & Administrative |
(1 189)
|
(1 259)
|
(1 300)
|
(1 328)
|
(1 349)
|
(2 029)
|
(1 340)
|
(1 381)
|
(1 416)
|
(2 181)
|
(1 522)
|
(1 555)
|
(1 613)
|
(2 398)
|
(1 692)
|
(1 724)
|
(1 754)
|
(2 081)
|
(492)
|
(975)
|
(1 451)
|
(2 737)
|
(1 979)
|
(2 020)
|
(2 075)
|
(2 738)
|
(2 068)
|
(2 031)
|
(2 017)
|
(2 455)
|
(1 984)
|
(2 011)
|
(2 014)
|
(2 712)
|
(2 081)
|
(2 129)
|
(2 146)
|
(2 162)
|
(2 176)
|
(2 177)
|
(2 215)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(552)
|
(585)
|
(611)
|
(626)
|
(631)
|
(679)
|
(802)
|
(909)
|
(1 003)
|
(1 037)
|
(1 001)
|
(986)
|
(970)
|
(988)
|
(995)
|
(998)
|
(1 016)
|
(788)
|
(239)
|
(479)
|
(719)
|
(959)
|
(957)
|
(953)
|
(950)
|
(928)
|
(897)
|
(878)
|
(848)
|
(830)
|
(809)
|
(776)
|
(742)
|
(709)
|
(694)
|
(688)
|
(706)
|
(732)
|
(751)
|
(769)
|
(777)
|
|
Other Operating Expenses |
(1 422)
|
(1 450)
|
(1 461)
|
(1 504)
|
(1 529)
|
(31)
|
(1 515)
|
(1 540)
|
(1 553)
|
(28)
|
(1 612)
|
(1 634)
|
(1 595)
|
(27)
|
(1 572)
|
(1 555)
|
(1 609)
|
(65)
|
(467)
|
(1 005)
|
(1 419)
|
(67)
|
(1 792)
|
(1 620)
|
(1 571)
|
(37)
|
(1 172)
|
(1 125)
|
(1 125)
|
(18)
|
(1 399)
|
(1 448)
|
(1 476)
|
(14)
|
(1 639)
|
(1 763)
|
(1 810)
|
(1 935)
|
(1 952)
|
(1 976)
|
(2 036)
|
|
Operating Income |
1 157
N/A
|
1 060
-8%
|
951
-10%
|
1 115
+17%
|
1 156
+4%
|
1 169
+1%
|
1 138
-3%
|
1 073
-6%
|
989
-8%
|
1 160
+17%
|
1 147
-1%
|
1 091
-5%
|
1 048
-4%
|
983
-6%
|
931
-5%
|
915
-2%
|
992
+8%
|
706
-29%
|
225
-68%
|
538
+139%
|
754
+40%
|
1 258
+67%
|
1 089
-13%
|
927
-15%
|
777
-16%
|
461
-41%
|
(182)
N/A
|
(213)
-17%
|
(47)
+78%
|
199
N/A
|
707
+256%
|
706
0%
|
672
-5%
|
566
-16%
|
799
+41%
|
1 085
+36%
|
1 078
-1%
|
1 150
+7%
|
1 060
-8%
|
1 063
+0%
|
1 181
+11%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(428)
|
(411)
|
(410)
|
(431)
|
(64)
|
(64)
|
(8)
|
21
|
(315)
|
(316)
|
(309)
|
(306)
|
(311)
|
(201)
|
(323)
|
(321)
|
(309)
|
(160)
|
(12)
|
(30)
|
(64)
|
(71)
|
(126)
|
(135)
|
(125)
|
(65)
|
(79)
|
(66)
|
(53)
|
(11)
|
(43)
|
(39)
|
(36)
|
34
|
(41)
|
(45)
|
(47)
|
(61)
|
(48)
|
(48)
|
(52)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(15)
|
(15)
|
(15)
|
(68)
|
(85)
|
(85)
|
(85)
|
(33)
|
74
|
74
|
74
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
|
Total Other Income |
80
|
94
|
97
|
53
|
59
|
9
|
38
|
38
|
36
|
13
|
57
|
57
|
64
|
13
|
162
|
166
|
165
|
15
|
23
|
56
|
88
|
29
|
120
|
107
|
101
|
33
|
79
|
73
|
61
|
16
|
58
|
78
|
89
|
27
|
108
|
96
|
90
|
76
|
94
|
95
|
92
|
|
Pre-Tax Income |
809
N/A
|
743
-8%
|
638
-14%
|
736
+15%
|
1 152
+56%
|
1 110
-4%
|
1 167
+5%
|
1 131
-3%
|
710
-37%
|
857
+21%
|
895
+4%
|
842
-6%
|
801
-5%
|
795
-1%
|
770
-3%
|
759
-1%
|
849
+12%
|
559
-34%
|
235
-58%
|
564
+140%
|
778
+38%
|
1 218
+57%
|
1 083
-11%
|
899
-17%
|
753
-16%
|
430
-43%
|
(182)
N/A
|
(206)
-13%
|
(39)
+81%
|
205
N/A
|
708
+245%
|
730
+3%
|
710
-3%
|
562
-21%
|
781
+39%
|
1 050
+34%
|
1 036
-1%
|
1 142
+10%
|
1 180
+3%
|
1 184
+0%
|
1 295
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(267)
|
(264)
|
(228)
|
(256)
|
(313)
|
(247)
|
(264)
|
(256)
|
(200)
|
(267)
|
(287)
|
(274)
|
(265)
|
(253)
|
(238)
|
(239)
|
(275)
|
(154)
|
(82)
|
(197)
|
(268)
|
(435)
|
(389)
|
(302)
|
(235)
|
(78)
|
82
|
77
|
15
|
(68)
|
(192)
|
(197)
|
(187)
|
(151)
|
(207)
|
(280)
|
(272)
|
(271)
|
(278)
|
(281)
|
(308)
|
|
Income from Continuing Operations |
542
|
480
|
410
|
481
|
838
|
863
|
904
|
875
|
511
|
590
|
608
|
568
|
537
|
542
|
532
|
520
|
574
|
405
|
153
|
367
|
510
|
783
|
694
|
598
|
518
|
351
|
(100)
|
(129)
|
(24)
|
137
|
515
|
533
|
523
|
411
|
575
|
770
|
764
|
871
|
902
|
903
|
987
|
|
Income to Minority Interest |
(105)
|
(99)
|
(121)
|
(134)
|
(164)
|
(178)
|
(173)
|
(182)
|
(166)
|
(204)
|
(218)
|
(200)
|
(196)
|
(170)
|
(150)
|
(143)
|
(153)
|
(35)
|
(13)
|
(30)
|
(38)
|
(55)
|
(53)
|
(49)
|
(50)
|
(49)
|
(26)
|
(20)
|
(22)
|
(20)
|
(35)
|
(39)
|
(42)
|
(42)
|
(52)
|
(65)
|
(60)
|
(57)
|
(59)
|
(68)
|
0
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
(8)
|
(10)
|
(12)
|
(13)
|
(6)
|
(5)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
437
N/A
|
381
-13%
|
289
-24%
|
346
+20%
|
674
+95%
|
678
+1%
|
722
+6%
|
682
-6%
|
331
-51%
|
379
+14%
|
385
+1%
|
365
-5%
|
339
-7%
|
370
+9%
|
381
+3%
|
376
-1%
|
420
+12%
|
370
-12%
|
140
-62%
|
337
+141%
|
471
+40%
|
727
+54%
|
641
-12%
|
548
-14%
|
468
-15%
|
303
-35%
|
(126)
N/A
|
(149)
-19%
|
(45)
+70%
|
117
N/A
|
480
+309%
|
494
+3%
|
481
-3%
|
369
-23%
|
523
+42%
|
705
+35%
|
704
0%
|
871
+24%
|
843
-3%
|
867
+3%
|
960
+11%
|
|
EPS (Diluted) |
2.2
N/A
|
1.91
-13%
|
1.45
-24%
|
1.74
+20%
|
3.39
+95%
|
3.41
+1%
|
3.64
+7%
|
3.43
-6%
|
1.67
-51%
|
1.91
+14%
|
1.94
+2%
|
1.85
-5%
|
1.65
-11%
|
1.86
+13%
|
1.92
+3%
|
1.89
-2%
|
2.12
+12%
|
1.86
-12%
|
0.57
-69%
|
1.38
+142%
|
1.93
+40%
|
2.98
+54%
|
2.63
-12%
|
2.25
-14%
|
1.92
-15%
|
1.24
-35%
|
-0.51
N/A
|
-0.61
-20%
|
-0.19
+69%
|
0.48
N/A
|
1.98
+313%
|
2.02
+2%
|
1.94
-4%
|
1.51
-22%
|
2.14
+42%
|
2.89
+35%
|
2.89
N/A
|
3.56
+23%
|
3.46
-3%
|
3.55
+3%
|
3.93
+11%
|