JBM Auto Limited

JBM Auto Limited

JBMA.BO
JBM Auto LimitedIN flagBombay Stock Exchange
676.50
INR
-15.25
- -
160.15BMarket Cap
JBM Auto Limited
JBMA.BO
(Bombay Stock Exchange)

Recent

price

676.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
35.88
41.41
50.53
59.95
67.78
74.41
67.76
73.03
84.85
76.46
77.95
124.58
149.22
199.72
231.46
257.42
236.11
Revenue per Share
1.03
1.25
1.58
2.44
3.65
2.48
3.2
3.45
4.15
2.93
2.08
6.6
5.26
7.56
8.54
9.25
8.69
Basic EPS, GAAP
-4.09
-0.09
0.93
3.37
-6.51
1.35
2.6
0.71
-1.01
10.3
-5.63
-17.43
-6.03
-0.96
11.5
-15.3
- -
Free Cash Flow per Basic Share
0.09
0.14
0.21
0.12
0.32
0.75
0.43
0.48
0.42
0.47
0.35
0.3
0.5
0.65
0.81
0.91
- -
Dividend per Share
0.75
4.55
5.75
7.75
11.01
13.03
15.69
18.66
23.94
26.32
28.04
34.07
39.44
45.38
53.14
1
- -
Book Value per Share
7.26
8.89
10.61
14.27
15.85
14.07
16.44
19.54
22.72
23.9
25.58
30.67
34.32
39.44
48.53
55.22
- -
Tangible Book Value per Share
204
204
204
204
204
204
204
204
236
236
236
236
236
236
236
237
236
Basic Weighted Avg Shares
7,318
8,447
10,307
12,228
13,826
15,178
13,822
14,897
20,067
18,083
18,435
29,462
35,289
47,232
54,723
60,884
55,808
Sales/Revenue/Turnover
7.9
9.88
9.71
9.42
11.24
9.05
8.94
10.22
9.88
8.96
7.54
9.12
7.78
8.78
9.17
8.72
8.97
Operating Margin (%)
227
303
331
402
398
590
500
556
748
739
757
914
1,303
1,715
1,747
1,739
1,760
Depreciation Expense
215
259
326
502
764
524
654
705
981
692
493
1,562
1,244
1,788
2,019
2,188
2,053
Net Income, GAAP
33.58
33.12
36.59
32.17
24.29
25.82
26.14
34.51
34.71
35.7
36.84
16.39
26.19
21.28
21.44
23.27
21.02
Effective Tax Rate (%)
2.94
3.06
3.16
4.11
5.53
3.45
4.73
4.73
4.89
3.83
2.67
5.3
3.52
3.79
3.69
3.59
3.68
Profit Margin (%)
-916
-271
-1,025
-1,583
-961
-1,280
-756
292
-174
-379
-2,499
-270
-1,685
-1,930
2,135
4,751
- -
Working Capital
1,225
1,740
1,490
805
1,860
1,758
1,800
2,253
2,368
1,967
2,282
4,938
6,546
6,949
12,174
9,546
- -
LT Debt
1,506
1,839
2,182
2,985
3,768
3,553
4,193
4,907
6,454
7,035
7,456
8,965
10,308
11,921
13,863
15,917
- -
Total Equity
12.59
13.88
11.32
13.04
15.93
11.66
10
9.91
10.38
7.56
6
11.55
8.03
10.75
10.71
9.24
- -
Return on Invested Capital (%)
14.3
13.69
10.6
12.66
13.5
9.89
11.13
9.43
11.51
8.42
5.99
11.66
8.81
10.44
10.72
12.42
17.45
Return on Capital (%)
138.52
47.02
30.59
36.12
38.91
20.63
22.32
20.12
20.72
11.65
7.67
21.27
14.31
17.83
17.33
34.19
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
14,129
- -
LT Borrowings
- -
11,986
- -
LT Finance Leases
- -
188
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
236
- -
Market Capitalization
180,893
139,435
152,090

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
33,082
- -
Cash, Cash Equivalents & STI
- -
1,124
- -
Accounts Receivable, Net
- -
10,071
- -
Inventories
- -
6,101
- -
Total Current Liabilities
- -
30,947
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
14,129
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.35%
16.39%
14.82%
Free Cash Flow
-298.47%
-293%
-233.16%
Net Income, GAAP
27.51%
52.3%
8.36%
Sales/Revenue/Turnover
16.62%
28.11%
11.26%
Total Cash Common Dividend
8.4%
23.92%
12.34%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,462
12,310
13,462
11,998
47,232
2025
11,445
12,851
13,962
16,457
54,723
2026
12,539
16,140
18,523
- -
60,884

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.28
1.87
2.06
- -
7.56
2025
1.41
2.09
2.23
2.81
8.54
2026
1.56
2.33
3.14
- -
9.25

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.65
2025
- -
- -
- -
- -
0.81
2026
- -
- -
- -
- -
0.91
Business
JBM Auto Limited is an Indian automotive company primarily engaged in the manufacturing and supply of auto components and electric vehicles. Its core products include automotive components such as chassis and body assemblies, suspension systems including axles, twist beams, lower control arms, exhaust systems, air and fuel tanks, pedal boxes, tooling, dies and moulds, and special purpose vehicles. The company also designs, develops, manufactures, assembles, and sells CNG, diesel, and electric buses along with related parts, accessories, and maintenance services. JBM Auto targets original equipment manufacturers (OEMs) in the automotive sector and serves markets in India, Europe, the Middle East, and Africa. JBM Auto operates through divisions including Sheet Metal, Tool Room, and Special Purpose Vehicles and holds partnerships with global companies like Otokar, ABB, Microvast, and Scania. Founded in 1990 and headquartered in Gurgaon, India, the company has scaled its production capacity to around 20,000 electric buses annually and maintains one of India’s largest dedicated integrated EV ecosystems with manufacturing facilities for electric buses and electronics. JBM Auto's client base includes major auto manufacturers such as Tata Motors, Ashok Leyland, Mahindra & Mahindra, and Honda. Recently, JBM Auto has undergone a strategic pivot toward electrification and sustainability, exemplified by its subsidiary JBM Ecolife Mobility securing a $100 million investment from IFC to fund deployment of over 1,400 electric buses in India. The company has partnered with Al Habtoor Motors in the UAE and Chinese battery technology firm Microvast to expand its electric mobility footprint. It is gearing up to participate in government initiatives under the PM E-Drive scheme to deploy 10,000 electric buses across multiple states through public-private partnerships. JBM Auto also has an order book exceeding 11,000 electric buses, confirming its leadership in electric mobility in India and overseas. Additionally, the company is planning capacity expansions and has ambitions to enter lithium-ion battery cell manufacturing and international manufacturing bases. Overall, JBM Auto Limited combines its legacy automotive components business with significant expansion in electric buses and EV technologies, leveraging strategic alliances and capital infusion to fuel growth in sustainable transportation solutions across India and select global markets.