JBM Auto Ltd

JBM Auto Ltd

₹ 711 -1.47%
22 May - close price
About

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]

Key Points

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]

  • Market Cap 16,810 Cr.
  • Current Price 711
  • High / Low 1,169 / 489
  • Stock P/E 125
  • Book Value 49.0
  • Dividend Yield 0.11 %
  • ROCE 14.4 %
  • ROE 12.2 %
  • Face Value 1.00

Pros

  • Company has been maintaining a healthy dividend payout of 18.9%

Cons

  • Stock is trading at 14.5 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,055 849 1,010 927 964 844 808 1,260 1,332 1,054 1,100 1,277 1,346
946 772 919 838 882 765 741 1,172 1,266 957 1,013 1,175 1,235
Operating Profit 109 76 91 88 82 79 66 89 65 98 87 102 111
OPM % 10% 9% 9% 10% 8% 9% 8% 7% 5% 9% 8% 8% 8%
6 5 11 10 12 8 8 3 8 9 19 16 16
Interest 19 21 26 32 31 33 33 36 32 33 38 48 44
Depreciation 22 24 25 25 26 27 27 27 28 28 29 29 29
Profit before tax 74 37 52 41 37 26 14 29 13 45 39 42 54
Tax % -15% 26% 26% 28% 27% 25% 27% 28% 22% 25% 22% 27% 28%
85 27 38 29 27 19 11 21 10 34 30 30 39
EPS in Rs 3.59 1.15 1.62 1.25 1.13 0.82 0.45 0.88 0.43 1.43 1.29 1.28 1.66
Raw PDF

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
566 600 567 698 766 2,207 1,947 1,966 3,168 3,749 4,244 4,778
502 534 504 622 677 1,949 1,717 1,764 2,844 3,411 3,945 4,379
Operating Profit 63 66 63 76 89 258 230 202 324 338 299 398
OPM % 11% 11% 11% 11% 12% 12% 12% 10% 10% 9% 7% 8%
6 10 11 26 11 25 15 13 24 38 27 60
Interest 22 21 28 30 27 59 64 57 75 109 134 163
Depreciation 14 16 21 23 25 75 74 76 85 100 109 115
Profit before tax 34 39 25 49 47 148 107 82 188 166 82 180
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
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
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: 13%
Compounded Profit Growth
10 Years: 15%
5 Years: 14%
3 Years: -5%
TTM: 136%
Stock Price CAGR
10 Years: 32%
5 Years: 87%
3 Years: 45%
1 Year: -26%
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
Equity Capital 10 20 20 20 20 20 24 24 24 24 24 24
Reserves 151 162 177 169 191 619 674 718 867 977 1,021 1,136
194 264 253 297 355 781 627 842 1,090 1,290 1,256 1,312
228 176 268 230 223 580 678 866 921 766 983 981
Total Liabilities 583 623 719 717 789 2,000 2,003 2,450 2,901 3,056 3,284 3,453
197 287 286 279 265 834 861 871 925 979 959 970
CWIP 54 6 24 34 63 70 90 108 50 10 72 9
Investments 71 71 71 71 76 41 48 76 152 229 300 300
260 258 338 333 385 1,055 1,004 1,395 1,775 1,838 1,954 2,174
Total Assets 583 623 719 717 789 2,000 2,003 2,450 2,901 3,056 3,284 3,453

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

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 14 44 26 38 58 66 54 101 96 104 72 68
ROCE % 17% 15% 12% 15% 14% 21% 12% 10% 15% 13% 9% 14%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
67.53% 67.53% 67.53% 67.53% 67.53% 67.53% 67.53% 67.53% 67.53% 67.53% 67.53% 67.53%
1.31% 1.24% 1.37% 1.66% 1.73% 2.52% 2.82% 3.34% 3.30% 3.26% 3.28% 2.75%
0.00% 0.00% 0.02% 0.05% 0.02% 0.03% 0.04% 0.06% 0.05% 0.06% 0.07% 0.07%
31.16% 31.23% 31.08% 30.76% 30.72% 29.91% 29.62% 29.09% 29.12% 29.14% 29.12% 29.64%
No. of Shareholders 53,46256,41351,76048,20154,66790,38989,4781,11,9021,29,2441,30,7651,34,9741,68,469

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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