NSE: JBMA · BSE: 532605 · ISIN INE927D01051
JBM Auto Limited stock analysis
JBM Auto Limited ranks #3883 in the TickerSutra evidence-ranked universe with a score of 37/100 and 95% data confidence. The latest captured fundamentals show ROCE of 15.1%, quarterly sales growth of 15.0% and quarterly profit growth of 14.7%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- 16.4% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹3,193cr | ₹333cr | ₹156cr | 10.0% |
| 2023 | ₹3,857cr | ₹398cr | ₹125cr | 10.0% |
| 2024 | ₹5,009cr | ₹584cr | ₹194cr | 12.0% |
| 2025 | ₹5,472cr | ₹642cr | ₹215cr | 12.0% |
| 2026 | ₹6,088cr | ₹676cr | ₹238cr | 11.0% |
| TTM | ₹6,277cr | ₹708cr | ₹243cr | 11.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
JBM Auto Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 16, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineJBM Auto Ltd - 532605 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 18 Sept 2026Voting Results along with Scrutinizer Report for 30th Annual General Meeting held on 16th September, 2026
MANAGEMENT COMMENTARY
Signals from filed documents
Diversified Growth Portfolio • Balanced contributions from: Core manufacturing (Component) High-growth OEM Specialized Tool Room Reduces dependency risk 5. Margin Resilience • Profit growth outpaced revenue across key segments margin improvement trend. Electric Vehicles (EV) & E-Mobility Segment JBM Electric Vehicles strengthened its portfolio in FY 2025-26 with diverse electric bus models, advanced safety
This highlights its strong growth potential and sustained investor confidence. Backed by rising domestic demand, several automakers have increased investments across industry segments to expand capacity and strengthen market presence. This investment momentum is also expected to accelerate the growth of India's electric vehicle (EV) sector, which is projected to reach `20,00,000 Crores (US$ 234 Bn) and create nearly
Profitability Expansion • Total segment results grew 20.6%, significantly ahead of revenue growth. • Indicates operating leverage and improved efficiency. Leadership in Core Business • Component Division maintained a dominant share (56.5%), reinforcing core business strength.
Auto Components & Systems JBM Auto’s Auto Components division is a key pillar of the group, demonstrating strong progress during FY 2025–26 through sustained growth in orders, expanded global OEM relationships, and increased localisation driven by the “Make in India” push; the business continued to strengthen its position as a high-quality, technology-focused supplier by enhancing manufacturing scale, automation, and
Through its focus on green innovation, JBM continues to strengthen its market position while supporting a cleaner, more sustainable future. - Positive 3 Business Ethics and Compliance Risk Unethical business conduct and regulatory non-compliance, such as corruption, bribery, money laundering, or failure to uphold environmental and social standards, can significantly damage JBM’s reputation. These actions may lead to
Generally adequate notice is given to all directors to schedule the Board Meetings, agenda and detailed notes on agenda were generally sent in advance or on a shorter notice and a system exists for seeking and obtaining further information 45 Statutory Reports Board’s ReportCGR BRSR MD&ABR and clarifications on the agenda items before the meeting and for meaningful participation at the meeting. As per minutes maintai
Members please note that KFin Technologies Limited (“KFintech”) has been engaged to facilitate the participation of the Members in the AGM and to provide e-voting facility (remote e-voting prior to AGM and e-voting during the AGM) for casting the votes electronically on all resolutions set forth in this Notice in terms of the provisions of Section 108 of the Act and rules made thereunder, Regulation 44 of the SEBI Li
Further, the Company is conscious about improvement in productivity and continually undertakes measures to improve its productivity and profitability. The Management is confident of achieving sustained revenue growth in the future years. Disclosures: The Complete information and disclosures of the remuneration package including commissions and other benefits to all managerial personnel of the Company have been mentio
Nature of Industry: The Company is engaged in the automotive business that manufactures and sells sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of buses. Date of commencement of commercial production: 05.11.1996 3. In case of new companies expected date of commencement of activities as per project approved by financial institutions appearing i
2.12 Inventories Inventories are valued at the lower of cost or net realizable value. Cost is determined on the following basis: Raw Material is recorded at cost on a weighted average cost formula Stores & spares are recorded at cost on a weighted average cost formula Finished goods and Work in progress are valued at raw material cost plus cost of conversion and attributable proportion of manufacturing overhead incur
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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