What we do Jay Ushin Ltd manufactures automotive lock and key sets, switches, clusters, heater control panels, and door latches mainly for two-wheeler and automobile manufacturers. |
Founded in 1,986 |
Market share Established supplier to major Indian two-wheeler manufacturers; holds a significant presence in automotive components in India. |
Problem solved Provides reliable, integrated automotive locking and control solutions enhancing vehicle security and user interface. |
Top clients or who we serve Bajaj Auto, Kinetic Honda Motors, Maruti Udyog among others; B2B automotive OEM supplier. |
Key management - |
Our journey and innovations Founded in 1986 in JV with U-Shin Japan; expanded technical collaborations with Japanese and Korean firms; commenced instrument cluster production in 1997. |
Where we operate Primarily India with minor overseas revenue; subsidiary in Singapore for global outreach. |
Top products or what we offer Automotive lock sets, ignition switches, combination switches, instrument clusters, heater control panels, door latches. |
Top brands Jay Ushin lock sets and switches are key revenue drivers with pan-India reach and strong OEM relationships. |
Raw materials needed Metals, plastics, electronic components for automotive parts manufacturing. |
Raw materials supplier Not specified, likely domestic and imported suppliers from Japan and Korea technology partners. |
Recurring vs cyclical contribution Majority revenue is recurring through ongoing supply contracts with OEMs. |
Our industry position Reputed supplier in Indian automotive components market with steady growth and technical ties internationally. |
Financial highlights FY 2023-24 revenue 726.25 crore INR; net profit 14.29 crore INR; stable earnings with 7.45% profit growth. |
Geographical revenue split Domestic revenue contributes over 99%, overseas less than 1% as of FY 2019. |
Order book - |
Whats driving growth Strong OEM relationships, product innovation, and expanding capacity support steady growth. |
Our future plans Focus on capacity expansion, technology upgrades, and increase export footprint via Singapore subsidiary. |
Our green promise - |
Our people and values Not detailed; emphasizes ethical governance and compliance. |
Key challenges ahead Global automotive market risks and technology shifts require agility and risk management. |
Interesting facts Company evolved from joint venture with U-Shin Japan; over 60 years of promoter group presence in Indian automotive sector. |
Risks and strategy Robust risk management framework; diversification and technological collaborations mitigate market risks. |
