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 ₹ 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.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Part of BSE 500 Nifty 500 BSE SmallCap Nifty Smallcap 100 BSE Allcap
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 May - JBM Auto officials to meet investors on 19-20 May 2025 at Motilal Oswal Singapore Corporate Day.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 May
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
6 May - JBM Auto Q4 net profit up 20.21%; Rs. 5,500 cr electric bus order under PM e-bus Seva Scheme.
-
Financial Results For The Quarter And Year Ended 31St March 2025
6 May - JBM Auto reports FY25 audited results; recommends Rs 0.85/share final dividend; auditor unmodified opinion.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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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]