JTEKT India (BOM:520057) Gross Margin %: 27.04% (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:520057 JTEKT India Ltd BOM:520057
76 GF Score
Price ₹140.95
GF Value ₹171.60
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is JTEKT India Gross Margin %?

JTEKT India BOM:520057 -0.46% 76 Gross Margin % is 27.04% as of Mar. 2026, which is 3% above its 10-year median of 26.30. GuruFocus rates BOM:520057 with a GF Score™ of 76/100 and a GF Value™ of ₹171.60 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,309 Vehicles & Parts companies, JTEKT India ranks better than 68.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. JTEKT India's Gross Profit for the three months ended in Mar. 2026 was ₹2,110 Mil. JTEKT India's Revenue for the three months ended in Mar. 2026 was ₹7,803 Mil. Therefore, JTEKT India's Gross Margin % for the quarter that ended in Mar. 2026 was 27.04%.

Warning Sign:

JTEKT India Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.8%.


The historical rank and industry rank for JTEKT India's Gross Margin % or its related term are showing as below:

BOM:520057' s Gross Margin % Range Over the Past 10 Years
Min: 22.24   Med: 26.3   Max: 39.76
Current: 27.28


During the past 13 years, the highest Gross Margin % of JTEKT India was 39.76%. The lowest was 22.24%. And the median was 26.30%.

BOM:520057's Gross Margin % is ranked better than
68.3% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 19.77 vs BOM:520057: 27.28

JTEKT India had a gross margin of 27.04% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for JTEKT India was -3.80% per year.


JTEKT India  (BOM:520057) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

JTEKT India had a gross margin of 27.04% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


JTEKT India Gross Margin % Related Terms


JTEKT India Gross Margin % Historical Data

* Premium members only.

The historical data trend for JTEKT India's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JTEKT India Gross Margin % Chart

JTEKT India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.78 24.64 24.18 22.52 22.24

JTEKT India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.62 27.03 27.58 27.50 27.04

BOM:520057 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, JTEKT India's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JTEKT India Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JTEKT India's Gross Margin % falls into.


BOM:520057
76GF Score
JTEKT India Ltd BOM:520057
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTEKT India Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

JTEKT India's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=5882.5 / 26451.624
=(Revenue - Cost of Goods Sold) / Revenue
=(26451.624 - 20569.113) / 26451.624
=22.24 %

JTEKT India's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2109.7 / 7803.281
=(Revenue - Cost of Goods Sold) / Revenue
=(7803.281 - 5693.601) / 7803.281
=27.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 27.04% mean?
JTEKT India (BOM:520057) has a Gross Margin % of 27.04% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JTEKT India and its competitors. This is near median its historical median of 26.30. Over the past decade, JTEKT India's Gross Margin % has ranged from 22.24 to 39.76. According to the industry distribution chart, JTEKT India ranks #415 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 31.7%.
Is JTEKT India's Gross Margin % too high?
JTEKT India's current Gross Margin % of 27.04% is near median its 10-year median of 26.30. Over the past 10 years, this metric has ranged from a low of 22.24 to a high of 39.76. The Vehicles & Parts industry median Gross Margin % is 19.77. JTEKT India's value of 27.04% is 36.8% above this industry median. Based on the distribution chart, JTEKT India ranks #415 out of 1309 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, JTEKT India has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JTEKT India's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, JTEKT India ranks #415 out of 1309 companies for Gross Margin %. This puts JTEKT India in the upper half of its industry. The industry median Gross Margin % is 19.77. JTEKT India's value of 27.04% is 36.8% above this benchmark. Historically, JTEKT India's own Gross Margin % has ranged from 22.24 to 39.76 over the past decade. While the company's 10-year median is 26.30 vs. the industry median of 19.77, JTEKT India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.77, based on 1,309 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JTEKT India's current Gross Margin % of 27.04% is 36.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on JTEKT India and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTEKT India's current Gross Margin % is 27.04%, which is near median its own 10-year median of 26.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTEKT India stock overvalued right now?
Based on GuruFocus' analysis, JTEKT India (BOM:520057) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹171.60, compared to a current price of ₹140.95 — trading 17.9% below its estimated fair value. The current Gross Margin % is 27.04%, which is near median its 10-year median of 26.30 and 36.8% above the Vehicles & Parts industry median of 19.77. JTEKT India's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For JTEKT India (BOM:520057), the current Gross Margin % is 27.04% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JTEKT India (BOM:520057) Overvalued in 2026?

Based on GuruFocus' analysis, JTEKT India stock appears to be undervalued. The current stock price of ₹140.95 is trading 17.9% below its estimated GF Value™ of ₹171.60. GuruFocus considers JTEKT India to be Modestly Undervalued.

Key valuation signals for BOM:520057:

  • Gross Margin %: 27.04% (near median its 10-year median of 26.30)
  • GF Value™: ₹171.60 vs. price of ₹140.95 (17.9% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 36.8% above the Vehicles & Parts median (#415 of 1309)

No single metric tells the full story. See the BOM:520057 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTEKT India Business Description

Other Exchanges JTEKTINDIA:India
Address 38/6, NH-48, Delhi-Jaipur Road, Gurugram, HR, IND, 122001
JTEKT India Ltd is engaged in the manufacture of steering systems for the passenger car and utility vehicle markets in India. Its customers include vehicle manufacturers in India such as Maruti Suzuki, Toyota, Hyundai, Tata Motors, Mahindra and Mahindra, General Motors, and Mahindra-Renault. Its product offerings comprise steering, bearing, and machine tools. Along with India, the group exports its products to the markets of the United States, France, Brazil, Indonesia, and Japan.
76GF Score

Get the complete analysis for BOM:520057

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹140.95
Price
₹171.60
GF Value