JAMNAAUTO

Jamna Auto Industries’ stock fell over 11% today after reporting weaker Q2 FY26 results,

Jamna Auto Industries’ stock fell over 11% today after reporting weaker Q2 FY26 results, with revenue down 7.4% QoQ and PAT slipping 13.1%. At the same time, the company announced a ₹47 crore investment in a new leaf spring plant in Jharkhand to expand capacity by 1,500 MT per month, targeted for completion by December 2027. 📊 Jamna Auto Industries – Latest Updates (10 Aug 2026) 🔹 Q2 FY26 Results (Quarter ended Sep 2025) Total Revenue: ₹530.88 crore (-7.40% QoQ) Operating Profit: ₹55.76 crore (-11.67% QoQ) Profit After Tax (PAT): ₹39.74 crore (-13.13% QoQ) Operating Margin: 10.50% EPS: ₹1.00 (vs ₹1.14 last quarter) Stock Reaction: BSE: ₹128.45 (-11.29%) NSE: ₹128.44 (-11.24%) Day Range: ₹121.45 – ₹137.55 52-Week Range: ₹87.72 – ₹152.50 🔹 Expansion Announcement Investment: ₹47 crore Project: New leaf spring manufacturing facility Location: Adityapur, Jharkhand Subsidiary: Jai Suspensions Limited Capacity Addition: 1,500 MT per month Funding: Internal accruals Completion Target: December 2027 Strategic Goal: Serve growing demand from OEMs and aftermarket in East India, improve operational efficiency 📌 Key Takeaways for Investors Short-term outlook: Bearish due to margin pressure and weaker Q2 results. Stock dropped sharply (-11% today), signaling investor concern. Long-term outlook: Positive if expansion project is executed on time and demand from OEMs continues. Risks: Capex overruns or delays in Jharkhand plant could impact profitability. Peers: Competing with Minda Corporation, ZF Steering Gear India, and Balkrishna Industries in auto component space