JBM Auto Ltd
Incorporated in 1983, JBM Auto Ltd is in automotive business that manufactures and sells sheet metal components, tools, dies & moulds, and buses including sale of spare parts, accessories and maintenance contract for Buses[1]
- Market Cap ₹ 14,903 Cr.
- Current Price ₹ 630
- High / Low ₹ 790 / 477
- Stock P/E 92.0
- Book Value ₹ 51.4
- Dividend Yield 0.13 %
- ROCE 14.3 %
- ROE 12.1 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 18.9%
Cons
- Stock is trading at 12.2 times its book value
- Company has a low return on equity of 10.2% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 566 | 600 | 567 | 698 | 766 | 2,207 | 1,947 | 1,966 | 3,168 | 3,749 | 4,244 | 4,778 | 5,062 | |
| 502 | 534 | 504 | 622 | 677 | 1,949 | 1,717 | 1,764 | 2,844 | 3,411 | 3,945 | 4,379 | 4,638 | |
| Operating Profit | 63 | 66 | 63 | 76 | 89 | 258 | 230 | 202 | 324 | 338 | 299 | 398 | 425 |
| OPM % | 11% | 11% | 11% | 11% | 12% | 12% | 12% | 10% | 10% | 9% | 7% | 8% | 8% |
| 6 | 10 | 11 | 26 | 11 | 25 | 15 | 13 | 24 | 38 | 27 | 60 | 62 | |
| Interest | 22 | 21 | 28 | 30 | 27 | 59 | 64 | 57 | 75 | 109 | 134 | 163 | 169 |
| Depreciation | 14 | 16 | 21 | 23 | 25 | 75 | 74 | 76 | 85 | 100 | 109 | 115 | 114 |
| Profit before tax | 34 | 39 | 25 | 49 | 47 | 148 | 107 | 82 | 188 | 166 | 82 | 180 | 204 |
| Tax % | 28% | 14% | 1% | 19% | 32% | 35% | 35% | 36% | 16% | 27% | 26% | 26% | |
| 24 | 34 | 25 | 40 | 32 | 97 | 69 | 53 | 157 | 122 | 61 | 134 | 156 | |
| EPS in Rs | 1.19 | 1.65 | 1.21 | 1.95 | 1.57 | 4.74 | 2.94 | 2.24 | 6.64 | 5.14 | 2.57 | 5.67 | 6.60 |
| Dividend Payout % | 13% | 30% | 29% | 21% | 25% | 10% | 12% | 13% | 8% | 13% | 29% | 15% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 20% |
| 3 Years: | 15% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 14% |
| 3 Years: | -5% |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 50% |
| 3 Years: | 17% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 10% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 20 | 20 | 20 | 20 | 20 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 151 | 162 | 177 | 169 | 191 | 619 | 674 | 718 | 867 | 977 | 1,021 | 1,136 | 1,193 |
| 194 | 264 | 253 | 297 | 355 | 781 | 627 | 842 | 1,090 | 1,290 | 1,256 | 1,312 | 1,897 | |
| 228 | 176 | 268 | 230 | 223 | 580 | 678 | 866 | 921 | 766 | 983 | 981 | 906 | |
| Total Liabilities | 583 | 623 | 719 | 717 | 789 | 2,000 | 2,003 | 2,450 | 2,901 | 3,056 | 3,284 | 3,453 | 4,020 |
| 197 | 287 | 286 | 279 | 265 | 834 | 861 | 871 | 925 | 979 | 959 | 967 | 949 | |
| CWIP | 54 | 6 | 24 | 34 | 63 | 70 | 90 | 108 | 50 | 10 | 72 | 12 | 41 |
| Investments | 71 | 71 | 71 | 71 | 76 | 41 | 48 | 76 | 152 | 229 | 300 | 300 | 299 |
| 260 | 258 | 338 | 333 | 385 | 1,055 | 1,004 | 1,395 | 1,775 | 1,838 | 1,954 | 2,174 | 2,730 | |
| Total Assets | 583 | 623 | 719 | 717 | 789 | 2,000 | 2,003 | 2,450 | 2,901 | 3,056 | 3,284 | 3,453 | 4,020 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 91 | 19 | 83 | 54 | 31 | 152 | 370 | 14 | 32 | 62 | 489 | 329 | |
| -88 | -62 | -34 | -33 | -51 | -190 | -123 | -159 | -186 | -141 | -311 | -146 | |
| -3 | 45 | -50 | -23 | 20 | 46 | -236 | 138 | 166 | 68 | -184 | -126 | |
| Net Cash Flow | 1 | 1 | -2 | -2 | 0 | 9 | 11 | -7 | 12 | -11 | -5 | 57 |
| Free Cash Flow | -0 | -47 | 44 | 21 | -13 | -20 | 249 | -70 | -61 | -39 | 343 | 250 |
| CFO/OP | 155% | 40% | 141% | 82% | 48% | 74% | 170% | 14% | 16% | 33% | 177% | 92% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 93 | 75 | 78 | 82 | 90 | 101 | 93 | 132 | 71 | 79 | 63 | 75 |
| Inventory Days | 66 | 78 | 154 | 93 | 100 | 68 | 80 | 94 | 64 | 54 | 72 | 55 |
| Days Payable | 101 | 90 | 202 | 135 | 107 | 97 | 108 | 148 | 88 | 57 | 73 | 58 |
| Cash Conversion Cycle | 58 | 63 | 31 | 41 | 84 | 73 | 65 | 78 | 48 | 76 | 62 | 72 |
| Working Capital Days | -60 | -36 | -58 | -31 | -16 | -5 | -11 | -13 | -4 | 5 | -17 | 2 |
| ROCE % | 17% | 15% | 12% | 15% | 14% | 21% | 12% | 10% | 15% | 13% | 9% | 14% |
Insights
In beta| Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Manufacturing Plants Plants |
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| Annual Electric Bus Manufacturing Capacity Buses |
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| Operational Electric Bus Fleet (Cumulative) Buses |
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| Annual Tooling Capacity (Dies) Dies |
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| Electric Bus Fleet Operational Uptime % |
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| Electric Bus Order Book Buses |
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| Market Share - Airport Tarmac Segment % |
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| Market Share - Overall E-Bus Market (India) % |
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| EV Battery Manufacturing Capacity GWh |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Rescheduled The Date Of Board Meeting I.E. May 11, 2026
28 Apr - Board meeting rescheduled to 11 May 2026 to approve FY26 audited results and consider dividend.
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Board Meeting Intimation for To Consider And Approve Financial Results For The Period Ended 31St March 2026 And To Consider And Recommend The Dividend, If Any For The Financial Year Ended 31St March 2026
25 Apr - Board to meet on 30 April 2026 for FY26 audited results, financial statements, and dividend consideration.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Apr - Compliance Certifcate under Regulation 74(5) of the SEBI(DP) Regulations for the Quarter ended 31.03.2026
- Closure of Trading Window 24 Mar
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Clarification
19 Mar - 19 Mar 2026: JBM Auto clarifies volume spike; no undisclosed price-sensitive information; volumes market-driven.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
Market Position
The company is a market leader in e-buses, with a 30%-35% market share. [1] It has set up the world’s largest dedicated integrated EV ecosystem and electric bus manufacturing facility (excluding China) with integrated electronics manufacturing facilities. [2]