JTEKT India Ltd
NSE: JTEKTINDIA BSE: 520057
₹136.02
(1.64%)
Thu, 12 Mar 2026, 06:43 am
Market Cap37.04B
PE Ratio48.96
Dividend0.52
Consumer Durables
Automotive Aftermarket
24.5KCompany History
1985
- The Company entered into technical agreement with Koyo Seiko Co Ltd. to provide knowhow, technical information, specification of machine tools, auxiliary equipment, and continued technical support.
1987
- Commercial production commenced from 1st October 1987.
1989
- Govt. approval was received for increasing the capacity of steering gear assembly from 1.25 lakh nos to 3.50 lakh nos.
- The Company also undertaken expansion of steering gear project at an estimated cost of 4 crores.
- The Company entered technical collaboration agreement with M/S Koyo Seiko Co Ltd for knowhow of collapsible column assemblies.
1995
- Finalised joint ventures worth Rs. 100 crore with four multi national companies
- Ferodo UK based auto component giant has tied up with Sona Steering to manufacture asbestos free brake liners for automobiles and railways in India.
1996
- The company has signed a memorandum of understanding with Oberland Mangold of Germany to make metallic convertors.
1997
- Sona Steering System Ltd and Mitsubishi Materials Corporation entered into an agreement to produce level gears and synchroniser rings.
- Sona group has been awarded the Global Growth Company award by World Link the magazine of the World Economic Forum.
1998
- Got orders from Maruti Udyog Ltd and Hindustan Motors for supplying 100 per cent requirement of power steerings for their luxury cars.
1999
- Initiated a debt restructuring exercise aimed at reducing the company's debt-equity ratio from 0.83:1 at present to 0.45:1 within the next three years
- The company has allotted 10,00,000 - 10 per cent cumulative redeemable preference shares of Rs.100 each to Koya Seiko Co. Ltd. on preferential basis to cash at Par redeemable upon the expiry of 7 years from the date of its allottment.
2003
- Obtained an order worth Rs 40 crore from its joint venture partner Koyo Seiko of Japan
- Board Approves the delisting of the equity shares of the company from Delhi, Bangalore, Ahmedabad, Ludhiana and Calcutta Stock Exchanges.
- The Surinder Kapur-controlled, Rs 365-crore Sona Group, has bagged export orders totalling over Rs 275 crore from its five group companies, which include four joint ventures
2004
- Sona Koyo Steering Systems opens 100 per cent EoU on October 29,2004
2006
- Sona Koyo Steering Systems has given the Bonus in the Ratio of 1:1
2007
- Sona Koyo Steering Systems Ltd has appointed Mr. Noriyuki Fujita as Director of the Company with effect from January 18, 2008.
2008
- The Company has splits its face value from Rs2/- to Rs1/-.
2010
- The Board has recommended a dividend at the rate of 30% on Equity Shares of Rs. 1/- each.
- Mr. Hiroyuki Miyazaki was appointed as Director of the Company.
2011
- Board has recommended a final dividend of Re. 0.65 per equity share of Re. 1/- each.
- The Board have appointed Ms. Ramni Nirula as an additional Director of the Company.
2012
- The Board has recommended the final dividend for the year ended March 31, 2012 at the rate of 65%.
2013
- The Board of Directors of the Company has recommended the dividend for the year ended March 31, 2013 at the rate of 65% on 19,87,41,832 nos. of Equity Shares of Re. 1/- each.
2014
- The Board of Directors of the Company has recommended the dividend for the year ended March 31, 2014 at the rate of 80% on 19,87,41,832 nos. of Equity Shares of Re. 1/- each.
- Mr. Prasan Abhaykumar Firodia has been appointed as an Additional Director of the Company with effect from August 01, 2014.
2018
- Company name has changed to JTEKT India Ltd. from Sona Koyo Steering Systems Ltd.
2022
- Company commenced the commercial production of a new product in the Driveline Segment viz. Constant Velocity Joint.
2023
- JTEKT India Limited Amalgamated with JTEKT Fuji Kiko Automotive India Limited.
2024
- JTEKT exhibits at Hydrogen Technology Expo Europe 2024.
- Jtekt India Limited Establishes New Production Base.
- JTEKT Corporation has received certification from SBT for its Scope 1, 2, and 3 greenhouse gas emission reduction targets set by the JTEKT Group.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800