The Board of Directors in their Meeting held on 11th May, 2026 has considered and recommended final dividend for the FY 2025-26 subject to the approval of Shareholders
JBMA · price
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On the reaction day the stock moved 0.2 pts more than Nifty Smallcap 250 and 0.1 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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JBM Auto's Board meeting on May 11, 2026 approved audited standalone revenue of Rs. 4,778 crore and consolidated revenue of Rs. 6,088 crore for FY2026. Standalone net profit came in at Rs. 148 crore while consolidated net profit attributable to owners was Rs. 287 crore. The Board recommended a final dividend of Rs. 0.85 per equity share (85% on face value of Re. 1), subject to shareholder approval at the AGM. The company also renamed its OEM Division to 'EV Business' reflecting a strategic shift toward electric vehicles. Statutory auditors issued an unmodified opinion on the financial statements.
The dividend and strong results demonstrate healthy cash generation. The rebranding of OEM to EV Business signals JBM Auto's pivot toward electric vehicle manufacturing, which could be positive for long-term prospects. However, no significant immediate signal for traders.