JBM Auto Ltd
NSE: JBMA BSE: 532605Metal
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]
₹618
52W: ₹477 — ₹790
PE 94.7 · Book ₹51.4 · +1102% vs bookMarket Cap₹14,604 Cr
Stock P/E94.7Price to Earnings
ROCE15.2%Return on Capital
ROE13.3%Return on Equity
Div. Yield0.13%Face Value ₹1
Strengths
- +Company has been maintaining a healthy dividend payout of 19.2%
Weaknesses
- −Stock is trading at 11.9 times its book value
- −Company has a low return on equity of 10.5% over last 3 years.
Shareholding Pattern
Promoters67.53%
FIIs1.97%
DIIs0.1%
Public30.38%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 67.53% | 67.53% | 67.53% | 67.53% | 67.53% | 67.53% | 67.53% | 67.53% |
| FIIs | 3.3% | 3.26%▼0.0 | 3.28%▲0.0 | 2.75%▼0.5 | 2.3%▼0.5 | 1.9%▼0.4 | 1.92%▲0.0 | 1.97%▲0.1 |
| DIIs | 0.05% | 0.06%▲0.0 | 0.07%▲0.0 | 0.07% | 0.09%▲0.0 | 0.08%▼0.0 | 0.09%▲0.0 | 0.1%▲0.0 |
| Public | 29.12% | 29.14%▲0.0 | 29.12%▼0.0 | 29.64%▲0.5 | 30.07%▲0.4 | 30.47%▲0.4 | 30.45%▼0.0 | 30.38%▼0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,260 | 1,332 | 1,054 | 1,100 | 1,277 | 1,346 | 1,234 | 1,203 | 1,279 | 1,686 |
| Expenses | 1,172 | 1,266 | 957 | 1,013 | 1,175 | 1,235 | 1,135 | 1,092 | 1,175 | 1,576 |
| Operating Profit | 89 | 65 | 98 | 87 | 102 | 111 | 99 | 111 | 104 | 109 |
| OPM % | 7% | 5% | 9% | 8% | 8% | 8% | 8% | 9% | 8% | 6% |
| Net Profit | 21 | 10 | 34 | 30 | 30 | 39 | 32 | 45 | 40 | 31 |
| EPS ₹ | 0.88 | 0.43 | 1.43 | 1.29 | 1.28 | 1.66 | 1.36 | 1.91 | 1.67 | 1.33 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹5,402Cr, up 13.1% YoY. OPM at 8%.
Debt Position
Borrowings at ₹1,897Cr. Debt-to-equity ratio: 1.59x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹41Cr (4% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.1% (+0.08pp change). FIIs: 1.97% (+0.24pp change). Promoters hold 67.53%.
Margin & Efficiency
ROCE declining from 15% (Mar 2015) to 0% (Mar 2026). Working capital days: 0.
Valuation
PE 94.7x with 15.2% ROCE. Price is 1102% above book value of ₹51.4. Dividend yield: 0.13%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 12 May
- Announcement under Regulation 30 (LODR)-Dividend Updates 11 May - FY26 audited results approved; 85% final dividend, auditor reappointments, OEM division renamed EV Business.
- Financial Results For The Quarter And Year Ended 31St March 2026. 11 May
- Board Meeting Outcome for Board Meeting Outcome 11 May - Board approved FY26 audited results, 85% dividend, auditor reappointments, and renamed OEM division EV Business.
- 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.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse