Jay Ushin Ltd. – Company Report
1. Company Overview
Jay Ushin Limited (JUL), established on August 14, 1989, is a manufacturer of automotive components in India and operates as a joint venture with U-Shin Ltd. of Japan, giving it access to global automotive technology. Headquartered in Delhi, it has major manufacturing units in Gurgaon, Manesar, Chennai, and Kolar. The company serves leading auto manufacturers including Maruti Suzuki, Honda, Hyundai, Mahindra, Bajaj, and Hero. It is part of the JPM Group and employs approximately 1,600 people.
Key Highlights:
- Incorporated: 1989
- Headquarters: Delhi, India
- Key Executives: Chairman – Jaideo Prasad Minda; Managing Director & CEO – Ashwani Minda
- Manufacturing Facilities: 5 (Gurgaon, Manesar, Chennai, Kolar)
- Employees: ~1,600
- Listed: BSE
- Group: JPM Group (Founded 1959), in technical partnership with U-Shin Ltd. (Japan), which holds a 26% stake
2. Products and Services
Jay Ushin Ltd. offers a diverse range of safety, security, and comfort-focused components for two-wheelers and four-wheelers:
Automotive Security Systems and Locks:
- Lock and key sets
- Remote locking systems
- Keyless entry systems
Switches & Control Devices:
- Combination switches
- Heater control panels (HVAC)
- Defogger switches
- Ignition and lighting switches
Body and Comfort Components:
- Door handles, latches, switches
- Door lock and latching switches
- Fuel units
Other Offerings:
- High pressure die casting
- CNG cylinders
- Custom-engineered parts for car and bike OEMs
Its products are used in models such as WagonR, Swift, Ertiga, Alto, Dezire, Amaze, Mobilio, and Honda City. The company emphasizes R&D, customization, and OE partnerships.
3. Recent News and Financial Performance
Business Developments:
- Continued focus on R&D and innovation
- Investments in automation and operational efficiency
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹869 crore |
| Net Profit | ₹12.3 crore |
| Earnings Per Share (EPS) | ₹31.72 |
| Operating Profit Margin | 3.95% |
| Net Profit Margin | 1.43% |
| Dividend | No major payout reported |