Manufactures automotive components and electric buses through three divisions. The Component Division is the largest at 56.6% of segment revenue (Rs 3,447.38 cr in FY26) and supplies parts to vehicle makers. The OEM Division contributes 37.9% (Rs 2,307.37 cr) and, via subsidiary JBM Electric Vehicles, builds electric buses for fleet operators and state transport undertakings. The Tool Room Division is the smallest at 5.6% (Rs 338.91 cr), providing tooling, dies and moulds. The e-bus business has deployed over 3,300 buses across 17 states, holds an order book of 10,000+ buses and runs an annual production capacity of 20,000 buses at its Delhi-NCR facility. The company holds about 25% electric bus market share as of Q1 FY27. Materials are the largest input cost at 66.5% of revenue, followed by other opex at 11.0% and employee cost at 9.6%; depreciation is 2.9% and capex 5.0% of revenue. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Component Division (57%), OEM Division (38%), Tool Room Division (6%). Capital-intensive auto components and electric bus manufacturing with cyclical exposure to the auto sector and a growth tilt to EV mobility
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3,193 | 3,857 | 5,009 | 5,472 | 6,088 |
| EBITDA (ex other income) | 343 | 398 | 584 | 677 | 695 |
| margin % | 10.7 | 10.3 | 11.7 | 12.4 | 11.4 |
| Owners' profit | 156 | 124 | 179 | 202 | 219 |
| EPS, as reported (₹) | 13.22 | 10.58 | 15.12 | 8.54 | 9.25 |
| ROE % · ROCE % | 17.4 · 18.1 | 12.1 · 16.4 | 16.3 · 21.2 | 15.5 · 20.2 | 15.0 · 23.6 |
| Debt / equity (x) | 1.53 | 1.63 | 1.76 | 1.88 | 1.89 |
| Cash from operations | (142) | 484 | 205 | 394 | (60) |
| Capex | (270) | (627) | (228) | (122) | (302) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,286 | 1,396 | 1,646 | 1,254 | 1,368 | 1,614 | 1,852 | 1,442 |
| Profit before tax | 72 | 80 | 102 | 70 | 80 | 77 | 115 | 68 |
| Net profit | 53 | 56 | 72 | 39 | 55 | 60 | 84 | 44 |
| EPS (₹) | 4.19 | 4.45 | 2.81 | 1.56 | 5.67 | 2.33 | 3.14 | 1.78 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Component Division | 2,616 | 42.9 |
| Tool Room Division | 252 | 4.1 |
| OEM Division | 1,857 | 30.5 |
| Component | 832 | 13.6 |
| Tool Room | 87 | 1.4 |
| OEM | 450 | 7.4 |
| Total, before eliminations | 6,094 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 26 Aug 2026 · 30th AGM notice and FY26 annual report dispatched electronically | compliance | minimal | — | — |
| 25 Aug 2026 · JBM Auto fixes 9 Sep 2026 as record date for final dividend of 85 paise per share | corporate actions | medium | — | — |
| 25 Aug 2026 · JBM Auto submits BRSR Report for FY 2025-26 | compliance | low | — | — |
| 25 Aug 2026 · JBM Auto files FY26 annual report and AGM notice with 1500 Cr fundraise plan | compliance | medium | — | — |
| 25 Aug 2026 · JBM Auto 30th AGM notice on Sept 16, 2026; includes Rs 1500 Cr fundraise | board shareholder meetings | low | — | — |
| 24 Aug 2026 · JBM Auto clarifies volume surge is market-driven, no undisclosed info | compliance | minimal | — | — |
| 24 Aug 2026 · Exchange seeks clarification from JBM Auto on unusual volume movement | regulatory legal | medium | — | — |
| 24 Aug 2026 · 30th AGM notice published; final dividend of Rs 0.85 per share recommended | compliance | minimal | — | — |
| 21 Aug 2026 · JBM Auto clarifies on news about Bain Capital's $300 mn EV investment plan | strategic transactions | high | — | — |
| 21 Aug 2026 · NSE seeks clarification on Bain Capital EV business news report | regulatory legal | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| SAMVRDHNA MTHRSN INTL LTD |
| 1,73,567 |
| 39.6 |
| 3.98 |
| 15.4 |
| 9.4 |
| 8.2 |
| 17.1 |
| 9.0 |
| BOSCH LIMITED | 1,42,736 | 60.4 | 9.61 | 35.1 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 61,739 | 49.3 | 10.04 | — | 10.4 | 14.1 | — | 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| SONA BLW PRECISION FRGS L | 49,016 | 70.4 | 7.99 | 42.6 | 10.3 | 12.9 | — | 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 | 39.1 | 5.55 | 18.6 | 13.9 | 15.6 | 17.4 | 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 47.8 | 26.7 | 97 of 123 | 21% |
| P/B | 9.2 | 3.5 | 103 of 116 | 11% |
| ROCE | 12.2 | 12.6 | 67 of 125 | 47% |
| ROE | 15.0 | 11.6 | 37 of 119 | 70% |
| Debt / Equity | 1.9 | 0.3 | 118 of 119 | 1% |
| EBITDA margin | 13.5 | 12.2 | 47 of 118 | 61% |
| Revenue growth | 15.0 | 20.2 | 78 of 113 | 31% |
| Profit growth | 13.4 | 24.4 | 68 of 115 | 41% |
| Market cap | 14616 | 1542 | 22 of 125 | 83% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
