Sona Koyo Steering Systems

Gurugram, India Founded: 1987 • Age: 39 yrs Listed
Manufacturer supplier of steering systems to OEMs

About Sona Koyo Steering Systems

Sona Koyo Steering Systems is a publicly listed company based in Gurugram (India) founded in 1987. Manufacturer supplier of steering systems to OEMs. The company has 1,315 employees. Its Indian entity Jtekt India Limited reported revenue of β‚Ή2,690 Cr. Its focus areas include Auto, Auto Components, Chassis Control System and Steering System. Its competitors include Roop Automotives and Omega Bright Steel.

Company details

Sona Koyo Steering Systems Ltd. was established in 1987 as a collaboration between Indias Sona group and Japans JTEKT Corporation. Steering systems for passenger cars and utility vehicles are produced at four facilities in India, located in Gurgaon, Chennai, Dharuhera, and Sanand. Products are exported to the US, Europe, and Japan. Sales reached INR 391.6 crore in March 2014.

  • Headquarters Gurugram, India
  • Employees 1,315
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Website sonagroup.com
  • Social LinkedIn
  • Legal Name Sona Stampings Limited
  • Date of Incorporation 14 Jun, 1984
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Market Cap
    ₹3,019 Cr

    JTEKTINDIA · NSE

  • Share Price
    ₹109.59

    +0.68% today

  • Revenue
    ₹2,044 Cr

    FY 2022-23 · +28.7% YoY

  • EBITDA
    ₹184 Cr

    Margin 9.0%

  • Net Profit
    ₹83.01 Cr

    FY 2022-23 · +102.1% YoY

  • P/E (TTM)
    53.1x

    P/B 4.2x

  • ROE
    13.1%

    ROCE 16.0%

  • Debt / Equity
    0.10

    Interest cover 4.3x

  • Employee Count
    1,315

Board of directors of Jtekt India Limited (Sona Koyo Steering Systems)

Jtekt India Limited is the primary company behind Sona Koyo Steering Systems. The boards of the 2 registered companies of Sona Koyo Steering Systems currently have 12 directors; the longest-serving is Dhanunjaya Rao Atmakuri, appointed in 2007. 56 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Dhanunjaya Rao Atmakuri
DIN 01910999
Director17 Dec 200718 yrs 10 moSona Stampings Limited
Rajat Batra
DIN 00386559
Person Incharge12 May 200818 yrs 5 moSona Stampings Limited
Ramesh Bahadur Singh
DIN 02100484
Person Incharge15 Apr 201115 yrs 6 moSona Stampings Limited
Atul Mittal
DIN 05295839
Director22 Jun 201214 yrs 4 moSona Stampings Limited
Hiroko Nose
DIN 06389168
Director11 Aug 20188 yrs 2 moJtekt India Limited
Masahiko Morimoto
DIN 06933969
Director11 Nov 20214 yrs 11 moJtekt India Limited
Rajiv Chanana
DIN 02630192
Whole-time director01 Jun 20224 yrs 4 moJtekt India Limited, Sona Stampings Limited
Hiroshi Daikoku
DIN 10006725
Director11 Aug 20233 yrs 2 moJtekt India Limited
Minoru Sugisawa
DIN 10119891
Managing Director11 Aug 20233 yrs 2 moJtekt India Limited
Deepika Gera
DIN 00145602
Director15 May 20242 yrs 5 moJtekt India Limited
Deepak Thukral
DIN 10742586
Director01 Sep 20242 yrs 1 moJtekt India Limited
Yosuke Fujiwara
DIN 09167191
Whole-time director01 Feb 20251 yr 8 moJtekt India Limited

IPO & Listings of Sona Koyo Steering Systems

Sona Koyo Steering Systems is a publicly listed company on the NSE with ticker symbol JTEKTINDIA in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date12 Jan 2004
  • Listed onNSE: JTEKTINDIA
  • Listed entityJTEKT India Limited
  • Exchange sectorConsumer durables

Financials of Sona Koyo Steering Systems

Exchange-reported figures of Jtekt India Limited, the listed company behind Sona Koyo Steering Systems (NSE: JTEKTINDIA).

Financial Highlights

FY 2022-23 Β· Consolidated
Revenue
₹2,044 Cr
+28.6% YoY
EBITDA
₹184 Cr
+52.2% YoY
Profit After Tax
₹83.01 Cr
+102.1% YoY
Net Worth
₹703 Cr
+11.2% YoY
Total Assets
₹805 Cr
+8.4% YoY
Total Debt
₹61.76 Cr
-13.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Income statement
Revenue2,0441,5891,3331,5111,7541,5191,211
Revenue growth+28.7%+19.2%-11.8%-13.9%+15.5%+25.4%-
EBITDA184121103137222213146
EBITDA margin+9.0%+7.6%+7.7%+9.1%+12.6%+14.0%+12.0%
Profit before tax11456.1920.5242.9612210455.92
Net profit83.0141.0711.6730.3472.6063.3438.58
Net profit margin+4.1%+2.6%+0.9%+2.0%+4.1%+4.2%+3.2%
EPS (β‚Ή)3.331.510.481.242.983.211.86
Balance sheet
Total assets805743683709815807655
Net worth703632599596593544383
Total debt61.7670.9948.5178.13188232249
Cash & bank56.6080.3974.7762.2112484.152.61
Net working capital27622822920927223466.46
Cash flow
Cash from operations95.2010891.26125184178162
Cash from investing(84.44)(126)(40.20)(33.58)16.40(118)(63.73)
Cash from financing(27.97)14.39(44.46)(153)(85.42)(54.65)(100)
ParticularsSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022Dec 2021
Revenue584478530471571472470413
Revenue growth (YoY)+2.3%+1.2%+12.8%+14.1%+48.3%---
Other income2.1910.971.951.792.112.712.372.36
EBITDA60.1634.2750.4138.3458.0836.7336.8237.13
EBITDA margin+10.3%+7.2%+9.5%+8.1%+10.2%+7.8%+7.8%+9.0%
Depreciation19.5819.0019.2419.0917.7617.1216.6817.26
Interest1.211.301.221.061.241.211.200.83
Profit before tax41.5624.9431.9019.9841.1921.1121.3121.40
Tax11.416.285.734.6711.105.565.825.57
Net profit30.1518.6626.1715.3130.0915.5515.4915.83
EPS (β‚Ή)1.110.701.030.591.140.580.580.59
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,6662,3992,2452,0731,6101,3501,531
Revenue growth+11.1%+6.9%+8.3%+28.7%+19.3%-11.8%-
EBITDA19518521516310492.47118
EBITDA margin+7.3%+7.7%+9.6%+7.8%+6.5%+6.9%+7.7%
Profit before tax10510214610345.2217.6632.64
Net profit80.6372.7410181.5737.2012.2127.57
Net profit margin+3.0%+3.0%+4.5%+3.9%+2.3%+0.9%+1.8%
EPS (β‚Ή)2.772.964.203.261.360.501.13
Balance sheet
Total assets1,5361,046946747688635661
Net worth1,186880822676607577574
Total debt34015611561.7670.9948.5178.13
Cash & bank71.8716.3175.3636.7261.5264.8746.86
Net working capital268131297246203214192
Cash flow
Cash from operations99.3019417282.6895.7783.28108
Cash from investing(470)(272)(172)(83.73)(114)(22.03)(25.00)
Cash from financing39218.0227.99(23.74)15.06(41.95)(149)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue718780680639566649592605
Revenue growth (YoY)+26.9%+20.2%+14.9%+5.6%+2.4%---
Other income3.933.978.453.618.872.211.591.85
Total expenses680712631593535593548558
EBITDA38.1968.6548.7346.2730.8656.6143.5847.26
EBITDA margin+5.3%+8.8%+7.2%+7.2%+5.5%+8.7%+7.4%+7.8%
Depreciation28.3129.4925.8923.0020.9921.8020.2420.65
Interest5.204.674.171.904.203.262.722.13
Profit before tax8.6138.4627.1224.9814.5433.7622.2126.33
Tax2.4010.966.776.763.739.115.956.84

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022Dec 2021
Revenue584478530471571472470413
Revenue growth (YoY)+2.3%+1.2%+12.8%+14.1%+48.3%---
Other income2.1910.971.951.792.112.712.372.36
EBITDA60.1634.2750.4138.3458.0836.7336.8237.13
EBITDA margin+10.3%+7.2%+9.5%+8.1%+10.2%+7.8%+7.8%+9.0%
Depreciation19.5819.0019.2419.0917.7617.1216.6817.26
Interest1.211.301.221.061.241.211.200.83
Profit before tax41.5624.9431.9019.9841.1921.1121.3121.40
Tax11.416.285.734.6711.105.565.825.57
Net profit30.1518.6626.1715.3130.0915.5515.4915.83
EPS (β‚Ή)1.110.701.030.591.140.580.580.59
ParticularsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Revenue2,0441,5891,3331,5111,7541,5191,211
Revenue growth+28.7%+19.2%-11.8%-13.9%+15.5%+25.4%-
Other income8.5610.235.468.8111.648.9714.39
Total expenses1,8601,4681,2301,3741,5321,3061,066
Employee cost216204195214194178145
EBITDA184121103137222213146
EBITDA margin+9.0%+7.6%+7.7%+9.1%+12.6%+14.0%+12.0%
Depreciation73.2070.8882.9592.7895.9596.0578.83
Interest4.743.734.729.9315.5521.4525.22
Profit before tax11456.1920.5242.9612210455.92
Tax27.0615.066.817.8443.5235.9415.44
Net profit83.0141.0711.6730.3472.6063.3438.58
Net profit margin+4.1%+2.6%+0.9%+2.0%+4.1%+4.2%+3.2%
EPS (β‚Ή)3.331.510.481.242.983.211.86
ParticularsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Equity & liabilities
Share capital24.4524.4524.4524.4524.4519.8719.87
Reserves & surplus678607574571568520363
Shareholders' funds (net worth)703632599596593544383
Minority interest30.9529.4425.7626.1924.3420.5816.36
Secured loans0.016.1918.0052.51188232249
Unsecured loans61.7564.8030.5125.620.000.000.00
Total debt61.7670.9948.5178.13188232249
Total liabilities805743683709815807655
Assets
Gross block1,003880846865821748555
Net block481399425487533549477
Capital work in progress25.1296.6310.322.719.9325.0922.60
Investments0.000.000.000.000.000.00103
Inventories19314613111511210483.83
Sundry debtors281242256194268258155
Cash & bank balances56.6080.3974.7762.2112484.152.61
Loans & advances19.8917.5516.4916.4225.5017.9029.02
Total current assets551486479388530464270
Total current liabilities274257250179258230204
Net working capital27622822920927223466.46
Total assets805743683709815807655
ParticularsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Opening cash63.8167.5260.921227.352.614.57
Net cash from operating activities95.2010891.26125184178162
Net cash from investing activities(84.44)(126)(40.20)(33.58)16.40(118)(63.73)
Net cash from financing activities(27.97)14.39(44.46)(153)(85.42)(54.65)(100)
Net change in cash(17.22)(3.71)6.60(61.20)1154.74(1.97)
Closing cash56.6080.3974.7762.2112484.152.61
ParticularsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Growth
Sales growth+28.7%+19.2%-11.8%-13.9%+15.5%+25.4%-
EBITDA growth+52.2%+17.4%-24.9%-38.3%+4.1%+46.2%-
PBT growth+103.2%+173.8%-52.2%-64.7%+16.7%+86.6%-29.6%
Net income growth+102.1%+251.9%-61.5%-58.2%+14.6%+64.2%-
Revenue CAGR (3Y)+10.6%-3.2%-4.3%+7.6%+4.9%-0.7%-6.7%
EBITDA CAGR (3Y)+10.3%-18.4%-21.6%-2.0%+4.6%-0.4%-6.6%
Profitability & leverage
Net income margin+4.3%+2.6%+1.0%+2.3%+4.5%+4.5%+3.3%
Return on capital employed+16.0%+9.7%+3.8%+7.2%+17.4%+17.7%+12.5%
Return on net worth+13.1%+7.4%+2.3%+5.9%+13.8%+14.8%+11.1%
Debt / equity0.100.100.110.220.370.520.76
Long-term debt / equity0.050.050.030.060.130.240.38
Interest cover4.307.5123.8622.5312.3718.3637.78
Efficiency & per share
Fixed asset turnover2.171.841.561.792.242.401.61
Inventory turnover12.0411.4610.8313.2816.2316.6415.10
Debtors turnover7.836.385.926.536.677.567.47
EPS (β‚Ή)3.331.510.481.242.983.211.86
Dividend per share (β‚Ή)0.500.400.150.350.800.500.50
Book value per share (β‚Ή)28.7525.8424.4824.3624.2527.1619.27
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue718780680639566649592605
Revenue growth (YoY)+26.9%+20.2%+14.9%+5.6%+2.4%---
Other income3.933.978.453.618.872.211.591.85
Total expenses680712631593535593548558
EBITDA38.1968.6548.7346.2730.8656.6143.5847.26
EBITDA margin+5.3%+8.8%+7.2%+7.2%+5.5%+8.7%+7.4%+7.8%
Depreciation28.3129.4925.8923.0020.9921.8020.2420.65
Interest5.204.674.171.904.203.262.722.13
Profit before tax8.6138.4627.1224.9814.5433.7622.2126.33
Tax2.4010.966.776.763.739.115.956.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,6662,3992,2452,0731,6101,3501,531
Revenue growth+11.1%+6.9%+8.3%+28.7%+19.3%-11.8%-
Other income24.9010.4118.8912.5510.347.7810.99
Total expenses2,4712,2152,0301,9111,5061,2581,413
Employee cost272247226201190181202
EBITDA19518521516310492.47118
EBITDA margin+7.3%+7.7%+9.6%+7.8%+6.5%+6.9%+7.7%
Depreciation99.3682.5881.4467.6265.9177.9386.51
Interest14.9410.326.124.723.674.669.89
Profit before tax10510214610345.2217.6632.64
Tax28.2227.0939.5823.0512.075.375.13
Net profit80.6372.7410181.5737.2012.2127.57
Net profit margin+3.0%+3.0%+4.5%+3.9%+2.3%+0.9%+1.8%
EPS (β‚Ή)2.772.964.203.261.360.501.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital27.7425.4325.4324.4524.4524.4524.45
Reserves & surplus1,158854796652582553549
Shareholders' funds (net worth)1,186880822676607577574
Secured loans25.0025.008.580.0112.3818.0052.51
Unsecured loans31513110761.7558.6130.5125.62
Total debt34015611561.7670.9948.5178.13
Total liabilities1,5361,046946747688635661
Assets
Gross block1,5461,2211,093994819788808
Net block826581503447367391450
Capital work in progress40030393.0623.8093.355.921.51
Investments0.000.000.005.105.105.105.10
Inventories227194206183138125108
Sundry debtors378323330284245259196
Cash & bank balances71.8716.3175.3636.7261.5264.8746.86
Loans & advances32.4918.6618.0918.7317.0215.9216.10
Total current assets709552629522462465368
Total current liabilities441421333275259252175
Net working capital268131297246203214192
Total assets1,5361,046946747688635661
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash16.3175.3646.6061.5264.8745.57112
Net cash from operating activities99.3019417282.6895.7783.28108
Net cash from investing activities(470)(272)(172)(83.73)(114)(22.03)(25.00)
Net cash from financing activities39218.0227.99(23.74)15.06(41.95)(149)
Net change in cash21.56(59.06)28.77(24.80)(3.35)19.30(66.64)
Closing cash71.8716.3175.3636.7261.5264.8746.86
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.1%+6.9%+8.3%+28.7%+19.3%-11.8%-
EBITDA growth+5.3%-14.1%+32.3%+55.7%+13.0%-21.7%-
PBT growth+2.7%-30.1%+42.4%+127.4%+156.1%-45.9%-69.6%
Net income growth+10.9%-27.7%+23.4%+119.3%+204.7%-55.7%-
Revenue CAGR (3Y)+8.7%+14.2%+18.5%+10.6%-3.2%-4.0%+9.5%
EBITDA CAGR (3Y)+6.2%+21.0%+32.5%+11.3%-19.6%-22.0%-2.7%
Profitability & leverage
Net income margin+2.9%+3.1%+4.8%+3.9%+2.1%+0.9%+1.8%
Return on capital employed+9.3%+11.3%+18.0%+15.0%+8.4%+3.5%+5.9%
Return on net worth+7.4%+8.9%+14.3%+12.4%+6.3%+2.1%+4.8%
Debt / equity0.240.160.120.100.100.110.23
Long-term debt / equity0.140.080.070.060.050.040.06
Interest cover15.7010.094.584.979.5232.0531.36
Efficiency & per share
Fixed asset turnover1.932.072.152.292.001.691.94
Inventory turnover12.6612.0011.5712.9112.2211.5714.36
Debtors turnover7.617.357.317.846.395.936.55
EPS (β‚Ή)2.772.964.203.261.360.501.13
Dividend per share (β‚Ή)0.750.700.600.500.400.150.35
Book value per share (β‚Ή)42.7534.6032.3127.6524.8223.6123.47

Competitors of Sona Koyo Steering Systems

Sona Koyo Steering Systems has 2 listed competitors in our database. They include Roop Automotives and Omega Bright Steel.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
roopauto.com1992Gurugram, India457
Manufacturer and supplier of major auto components for OEMs, tier 1 and aftermarket
omegabrightsteel.com1971Delhi, India441
Steel bars and related components are designed and manufactured.
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Web traffic of Sona Koyo Steering Systems

Websites that share an audience with Sona Koyo Steering Systems (sonagroup.com).

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Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
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1994Mumbai, Maharashtra, IndiaUSD 137.89 MUSD 17.06 B33,980
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2006Gurugram, Haryana, IndiaUSD 34.18 M177
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Related news about Sona Koyo Steering Systems

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Exchange Update β€’ 4 days ago
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Frequently Asked Questions about Sona Koyo Steering Systems

Sona Koyo Steering Systems was founded in 1987.

Sona Koyo Steering Systems is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Sona Koyo Steering Systems has 1,315 employees.

The primary company behind Sona Koyo Steering Systems, Jtekt India Limited, reported revenue of β‚Ή2,690 Cr for FY 2026, up 11% year on year.

Sona Koyo Steering Systems Ltd. was established in 1987 as a collaboration between Indias Sona group and Japans JTEKT Corporation. Steering systems for passenger cars and utility vehicles are produced at four facilities in India, located in Gurgaon, Chennai, Dharuhera, and Sanand. Products are exported to the US, Europe, and Japan. Sales reached INR 391.6 crore in March 2014.

Sona Koyo Steering Systems's top competitors include Roop Automotives and Omega Bright Steel.

Yes, Sona Koyo Steering Systems is publicly traded on NSE under the ticker symbol JTEKTINDIA.

Sona Koyo Steering Systems is associated with 2 legal entities: Jtekt India Limited, Sona Stampings Limited.

The legal entities of Sona Koyo Steering Systems currently have 14 directors, including Hiroko Nose, Masahiko Morimoto, Rajiv Chanana and others.

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