New Risk • May 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Apr 29
JBM Auto Limited to Report Q4, 2026 Results on May 11, 2026 JBM Auto Limited announced that they will report Q4, 2026 results on May 11, 2026 Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹575, the stock trades at a trailing P/E ratio of 64.5x. Average trailing P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 83% over the past three years. New Risk • Mar 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: ₹2.33 (vs ₹2.23 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.33 (up from ₹2.23 in 3Q 2025). Revenue: ₹16.1b (up 16% from 3Q 2025). Net income: ₹551.1m (up 4.7% from 3Q 2025). Profit margin: 3.4% (down from 3.8% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 23
JBM Auto Limited to Report Q3, 2026 Results on Jan 30, 2026 JBM Auto Limited announced that they will report Q3, 2026 results on Jan 30, 2026 Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹640, the stock trades at a trailing P/E ratio of 72.7x. Average trailing P/E is 33x in the Auto Components industry in India. Total returns to shareholders of 146% over the past three years. Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Whole Time Director Dhiraj Mohan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: ₹2.23 (vs ₹2.10 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.23 (up from ₹2.10 in 2Q 2025). Revenue: ₹14.1b (up 9.4% from 2Q 2025). Net income: ₹526.3m (up 6.3% from 2Q 2025). Profit margin: 3.7% (down from 3.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 24
JBM Auto Limited to Report Q2, 2026 Results on Oct 30, 2025 JBM Auto Limited announced that they will report Q2, 2026 results on Oct 30, 2025 Declared Dividend • Aug 10
Dividend of ₹0.85 announced Shareholders will receive a dividend of ₹0.85. Ex-date: 26th August 2025 Payment date: 3rd October 2025 Dividend yield will be 0.1%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 51% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 09
JBM Auto Limited announces Annual dividend, payable on October 03, 2025 JBM Auto Limited announced Annual dividend of INR 0.8500 per share payable on October 03, 2025, ex-date on August 26, 2025 and record date on August 27, 2025. Announcement • Jul 31
JBM Auto Limited, Annual General Meeting, Sep 03, 2025 JBM Auto Limited, Annual General Meeting, Sep 03, 2025, at 11:15 Indian Standard Time. Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: ₹1.56 (vs ₹1.41 in 1Q 2025) First quarter 2026 results: EPS: ₹1.56 (up from ₹1.41 in 1Q 2025). Revenue: ₹12.5b (up 9.6% from 1Q 2025). Net income: ₹368.0m (up 10% from 1Q 2025). Profit margin: 2.9% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 25
JBM Auto Limited to Report Q1, 2026 Results on Jul 30, 2025 JBM Auto Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 10
Full year 2025 earnings released: EPS: ₹8.54 (vs ₹7.56 in FY 2024) Full year 2025 results: EPS: ₹8.54 (up from ₹7.56 in FY 2024). Revenue: ₹55.3b (up 10% from FY 2024). Net income: ₹2.02b (up 13% from FY 2024). Profit margin: 3.7% (up from 3.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 01
JBM Auto Limited to Report Q4, 2025 Results on May 06, 2025 JBM Auto Limited announced that they will report Q4, 2025 results on May 06, 2025 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹641, the stock trades at a trailing P/E ratio of 79.2x. Average trailing P/E is 28x in the Auto Components industry in India. Total returns to shareholders of 192% over the past three years. New Risk • Mar 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). New Risk • Feb 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: ₹2.23 (vs ₹2.06 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.23 (up from ₹2.06 in 3Q 2024). Revenue: ₹14.0b (up 3.7% from 3Q 2024). Net income: ₹526.4m (up 8.2% from 3Q 2024). Profit margin: 3.8% (up from 3.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 21
JBM Auto Limited to Report Q3, 2025 Results on Jan 29, 2025 JBM Auto Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 29, 2025 Reported Earnings • Oct 29
Second quarter 2025 earnings released: EPS: ₹4.19 (vs ₹3.74 in 2Q 2024) Second quarter 2025 results: EPS: ₹4.19 (up from ₹3.74 in 2Q 2024). Revenue: ₹13.0b (up 5.3% from 2Q 2024). Net income: ₹495.3m (up 12% from 2Q 2024). Profit margin: 3.8% (up from 3.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 19
JBM Auto Limited to Report Q2, 2025 Results on Oct 28, 2024 JBM Auto Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Declared Dividend • Aug 24
Dividend increased to ₹1.50 Dividend of ₹1.50 is 15% higher than last year. Ex-date: 5th September 2024 Payment date: 12th October 2024 Dividend yield will be 0.08%, which is lower than the industry average of 0.6%. Announcement • Aug 02
JBM Auto Limited announced that it expects to receive INR 10 billion in funding JBM Auto Limited announced a private placement that it will issue any securities for the aggregate gross proceeds of INR 10,000,000,000 on July 31, 2024. The transaction has been approved by the board of directors of the company. Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: ₹2.82 (vs ₹2.56 in 1Q 2024) First quarter 2025 results: EPS: ₹2.82 (up from ₹2.56 in 1Q 2024). Revenue: ₹11.4b (up 21% from 1Q 2024). Net income: ₹334.0m (up 11% from 1Q 2024). Profit margin: 2.9% (down from 3.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 31
JBM Auto Limited, Annual General Meeting, Sep 12, 2024 JBM Auto Limited, Annual General Meeting, Sep 12, 2024, at 11:00 Indian Standard Time. Announcement • Jul 23
JBM Auto Limited to Report Q1, 2025 Results on Jul 31, 2024 JBM Auto Limited announced that they will report Q1, 2025 results on Jul 31, 2024 New Risk • May 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Announcement • May 03
JBM Auto Limited Approves to Recommend Final Dividend for the Year Ended 31 March 2024 JBM Auto Limited at its board meeting held on May 2, 2024, approved that the Board of Directors recommended Final Dividend @75% i.e. INR 1.50 per Equity share (on fully paid up equity share of INR 2/- each) for the year ended 31 March 2024. Reported Earnings • May 03
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹15.12 (up from ₹10.52 in FY 2023). Revenue: ₹50.3b (up 30% from FY 2023). Net income: ₹1.79b (up 44% from FY 2023). Profit margin: 3.6% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 47%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 130% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 26
JBM Auto Limited to Report Q4, 2024 Results on May 02, 2024 JBM Auto Limited announced that they will report Q4, 2024 results on May 02, 2024 Announcement • Apr 04
JBM Auto Limited Announces Retirement of Mahesh Kumar Aggarwal as Independent Director JBM Auto Limited announced that Mr. Mahesh Kumar Aggarwal has retired from the position of the Independent Director on completion of his second term of Office as an Independent Director of the Company effecting from the closing of business hours on 31 March 2024 and the consequences thereof ceased to be an Independent Director of the Company. New Risk • Feb 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Reported Earnings • Jan 31
Third quarter 2024 earnings released: EPS: ₹4.12 (vs ₹2.92 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.12 (up from ₹2.92 in 3Q 2023). Revenue: ₹13.5b (up 42% from 3Q 2023). Net income: ₹486.6m (up 42% from 3Q 2023). Profit margin: 3.6% (in line with 3Q 2023). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 22
JBM Auto Limited to Report Q3, 2024 Results on Jan 30, 2024 JBM Auto Limited announced that they will report Q3, 2024 results on Jan 30, 2024 Price Target Changed • Dec 21
Price target increased by 53% to ₹985 Up from ₹643, the current price target is provided by 1 analyst. New target price is 30% below last closing price of ₹1,407. Stock is up 185% over the past year. The company is forecast to post earnings per share of ₹28.60 for next year compared to ₹10.52 last year. Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: ₹3.74 (vs ₹3.06 in 2Q 2023) Second quarter 2024 results: EPS: ₹3.74 (up from ₹3.06 in 2Q 2023). Revenue: ₹12.4b (up 20% from 2Q 2023). Net income: ₹442.4m (up 22% from 2Q 2023). Profit margin: 3.6% (in line with 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 133% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 19
JBM Auto Limited to Report Q2, 2024 Results on Oct 28, 2023 JBM Auto Limited announced that they will report Q2, 2024 results on Oct 28, 2023 Announcement • Sep 21
Jbm Auto Limited Approves Dividend for the Year Ended March 31,2023 JBM Auto Limited approved Dividend on Equity Shares@65% i.e INR 1.30 per equity share. for the year ended March 31, 2023. Upcoming Dividend • Sep 01
Upcoming dividend of ₹1.30 per share at 0.1% yield Eligible shareholders must have bought the stock before 08 September 2023. Payment date: 16 October 2023. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.8%). Announcement • Aug 03
JBM Auto Limited, Annual General Meeting, Sep 16, 2023 JBM Auto Limited, Annual General Meeting, Sep 16, 2023, at 11:00 Indian Standard Time. Reported Earnings • Aug 02
First quarter 2024 earnings released: EPS: ₹2.56 (vs ₹2.18 in 1Q 2023) First quarter 2024 results: EPS: ₹2.56 (up from ₹2.18 in 1Q 2023). Revenue: ₹9.46b (up 9.4% from 1Q 2023). Net income: ₹301.8m (up 17% from 1Q 2023). Profit margin: 3.2% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 142% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 15
JBM Auto Limited (BSE:532605) acquired remaining 0.49% stake in Ecolife Green One Mobility Private Limited. JBM Auto Limited (BSE:532605) acquired remaining 0.49% stake in Ecolife Green One Mobility Private Limited on July 13, 2023.
JBM Auto Limited (BSE:532605) completed the acquisition of remaining 0.49% stake in Ecolife Green One Mobility Private Limited on July 13, 2023. New Risk • Jun 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Announcement • Jun 17
JBM Auto Top Contender for Controlling Stake in SML Isuzu JBM Auto Limited (BSE:532605)is the leading contender to acquire a controlling stake in automaker SML Isuzu Limited (BSE:505192), CNBC-TV18 reported on June 16, 2023, citing sources. Japan's Sumitomo Corporation (TSE:8053), which holds 43% of India-based SML, is looking to exit its operations in India and talks are at an advanced stage, the sources said. JBM, SML and Sumitomo did not immediately respond to Reuters' requests for comment. The report did not mention any other bidders for the stake. JBM is mulling various options to acquire the shareholding, including cash as well as a share swap deal, the report added. The sources said that JBM has started a due diligence process, and the deal is likely to value SML at a premium to its current share price. shares of SML Isuzu jumped as much as 7.7% after the report but trimmed some gains to close 3.1% higher at INR 1,154.50. Reported Earnings • May 11
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: ₹10.58 (down from ₹13.21 in FY 2022). Revenue: ₹38.8b (up 22% from FY 2022). Net income: ₹1.24b (down 20% from FY 2022). Profit margin: 3.2% (down from 4.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) also missed analyst estimates by 8.8%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 125% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹730, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 1,202% over the past three years. Announcement • Feb 13
JBM Auto Limited (BSE:532605) acquired 99.52% stake in Ecolife Green One Mobility Private Limited. JBM Auto Limited (BSE:532605) acquired 99.52% stake in Ecolife Green One Mobility Private Limited on December 12, 2022.JBM Auto Limited (BSE:532605) completed the acquisition of 99.52% stake in Ecolife Green One Mobility Private Limited on December 12, 2022. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹2.92 (vs ₹2.80 in 3Q 2022) Third quarter 2023 results: EPS: ₹2.92 (up from ₹2.80 in 3Q 2022). Revenue: ₹9.53b (up 16% from 3Q 2022). Net income: ₹343.3m (up 3.8% from 3Q 2022). Profit margin: 3.6% (down from 4.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 03
JBM Auto Limited to Report Q3, 2023 Results on Feb 11, 2023 JBM Auto Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 11, 2023 Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improved over the past week After last week's 17% share price gain to ₹478, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 336% over the past three years. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Praveen Tripathi was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 08
JBM Auto Limited Announces the Resignation of Sandip Sanyal as Whole-Time Director The Board of Directors of JBM Auto Limited in its meeting held on November 5, 2022, has accepted the resignation of Mr. Sandip Sanyal from the post of the Whole-Time Director of the company with effect from 5 November, 2022. Reason for Change: Due to Personal health problems and advancing age. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: ₹3.06 (vs ₹2.14 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.06 (up from ₹2.14 in 2Q 2022). Revenue: ₹10.4b (up 38% from 2Q 2022). Net income: ₹361.8m (up 43% from 2Q 2022). Profit margin: 3.5% (up from 3.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 05
JBM Auto Limited Announces Resignation of Jagdish Saksena Deepak from the Post of Independent Director JBM Auto Limited informed that Mr. Jagdish Saksena Deepak (DIN: 02194470), vide his letter dated 3rd November, 2022 has tendered his resignation from the post of Independent Director of the Company, w.e.f. 4th November, 2022. Announcement • Sep 27
JBM Auto Limited Approves the Dividend JBM Auto Limited at its annual general meeting held on 26 September, 2022, approved the dividend on equity shares dividend at the rate of 50% i.e. INR 1 per equity share. Upcoming Dividend • Sep 09
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 16 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 7.0% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.6%). Announcement • Sep 04
JBM Auto Limited, Annual General Meeting, Sep 26, 2022 JBM Auto Limited, Annual General Meeting, Sep 26, 2022, at 15:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited IND AS Financial Statements (Standalone & Consolidated) of the Company for the financial year ended 31st March, 2022;to consider and declare Dividend on Equity Shares ;and to consider other matters. Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: ₹2.18 (vs ₹1.03 in 1Q 2022) First quarter 2023 results: EPS: ₹2.18 (up from ₹1.03 in 1Q 2022). Revenue: ₹8.65b (up 58% from 1Q 2022). Net income: ₹258.1m (up 112% from 1Q 2022). Profit margin: 3.0% (up from 2.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 18% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 03
JBM Auto Limited to Report Q1, 2023 Results on Aug 09, 2022 JBM Auto Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 09, 2022 Board Change • Aug 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Non Executive Director Jagdish Deepak was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 03
JBM Auto Limited Recommends Dividend for the Year Ended March 31, 2022 JBM Auto Limited announced that at its board meeting held on May 02, 2022 has recommended final dividend @50% i.e. INR 1 per equity share (on fully paid up equity share of INR 2 each) for the year ended March 31, 2022 subject to the approval of AGM. Reported Earnings • May 03
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₹13.23 (up from ₹4.17 in FY 2021). Revenue: ₹32.1b (up 62% from FY 2021). Net income: ₹1.56b (up 217% from FY 2021). Profit margin: 4.9% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 32%, compared to a 18% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 27
Price target increased to ₹772 Up from ₹477, the current price target is provided by 1 analyst. New target price is 43% above last closing price of ₹539. Stock is up 256% over the past year. The company is forecast to post earnings per share of ₹10.28 for next year compared to ₹4.17 last year. Announcement • Apr 23
JBM Auto Limited (BSE:532605) signed an agreement to acquire 20.1% stake in Jbm Solaris Electric Vehicle Private Limited for INR 8.45 million. JBM Auto Limited (BSE:532605) signed an agreement to acquire 20.1% stake in Jbm Solaris Electric Vehicle Private Limited for INR 8.45 million on April 21, 2022.JBM Auto Limited will acquire 20.1% stake by acquiring 3.015343 million shares. Post completion JBM Solaris Electric Vehicles Private Limited will be wholly owned subsidiary of JBM Auto Limited. JBM Solaris Electric Vehicles Private Limited reported turnover of 7..66 million for the financial year ended on March 31, 2021. The transaction is expected to close on April 30, 2022. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₹523, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 401% over the past three years. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹431, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 300% over the past three years. Reported Earnings • Feb 10
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: ₹6.99 (up from ₹4.64 in 3Q 2021). Revenue: ₹8.21b (up 39% from 3Q 2021). Net income: ₹330.7m (up 51% from 3Q 2021). Profit margin: 4.0% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 39%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 76% per year, which means it is well ahead of earnings. Major Estimate Revision • Feb 10
Consensus EPS estimates increase by 14% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹29.5b to ₹31.4b. EPS estimate increased from ₹22.60 to ₹25.70 per share. Net income forecast to grow 88% next year vs 22% growth forecast for Auto Components industry in India. Consensus price target up from ₹1,192 to ₹1,931. Share price fell 9.5% to ₹1,380 over the past week. Announcement • Jan 31
JBM Auto Limited to Report Q3, 2022 Results on Feb 08, 2022 JBM Auto Limited announced that they will report Q3, 2022 results on Feb 08, 2022 Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 18% share price gain to ₹1,237, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 28x in the Auto Components industry in India. Total returns to shareholders of 321% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 33% share price gain to ₹1,153, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 323% over the past three years. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS ₹5.35 (vs ₹4.33 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹7.57b (up 46% from 2Q 2021). Net income: ₹253.1m (up 24% from 2Q 2021). Profit margin: 3.3% (down from 4.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 17% share price gain to ₹612, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Auto Components industry in India. Total returns to shareholders of 111% over the past three years. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improved over the past week After last week's 18% share price gain to ₹528, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 91% over the past three years. Upcoming Dividend • Sep 15
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 22 September 2021. Payment date: 30 October 2021. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.6%). Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improved over the past week After last week's 15% share price gain to ₹502, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Auto Components industry in India. Total returns to shareholders of 69% over the past three years. Announcement • May 19
JBM Auto Limited Recommends Dividend for the Year Ended March 31, 2021 The Board of Directors of JBM Auto Limited at its board meeting held on May 18, 2021, recommended equity dividend at the rate of 30% that is INR 1.50 per share (on fully paid up equity share of INR 5 each) for the year ended 31 March, 2021. Reported Earnings • May 19
Full year 2021 earnings released: EPS ₹10.42 (vs ₹14.64 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹19.9b (up 2.4% from FY 2020). Net income: ₹493.0m (down 29% from FY 2020). Profit margin: 2.5% (down from 3.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 23
New 90-day high: ₹424 The company is up 65% from its price of ₹258 on 25 November 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 23% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS ₹4.64 (vs ₹3.82 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ₹5.94b (up 55% from 3Q 2020). Net income: ₹219.6m (up 41% from 3Q 2020). Profit margin: 3.7% (down from 4.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 10
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 26%, compared to a 20% growth forecast for the Auto Components industry in India. Announcement • Feb 03
JBM Auto Limited to Report Q3, 2021 Results on Feb 09, 2021 JBM Auto Limited announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Feb 02
New 90-day high: ₹404 The company is up 69% from its price of ₹239 on 04 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 33% over the same period. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 21% share price gain to ₹383, the stock is trading at a trailing P/E ratio of 67.8x, up from the previous P/E ratio of 56.1x. This compares to an average P/E of 35x in the Auto Components industry in India. Total return to shareholders over the past three years is a loss of 22%. Announcement • Jan 17
JBM Auto Limited Receives Order from Delhi Transport Corporation JBM Auto Limited has received orders for supply of 700 (seven hundred) numbers of JBM 'CITYLIFE' fully air conditioned BS-VI CNG Low-Floor Buses from Delhi Transport Corporation. Is New 90 Day High Low • Jan 06
New 90-day high: ₹312 The company is up 35% from its price of ₹232 on 08 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: ₹291 The company is up 26% from its price of ₹231 on 04 September 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 20% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: ₹260 The company is up 15% from its price of ₹226 on 20 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 6.0% over the same period. Reported Earnings • Nov 18
Second quarter 2021 earnings released: EPS ₹4.33 The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ₹5.17b (up 33% from 2Q 2020). Net income: ₹204.9m (up 26% from 2Q 2020). Profit margin: 4.0% (down from 4.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 21% per year. Analyst Estimate Surprise Post Earnings • Nov 18
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 37%. Earnings per share (EPS) also surpassed analyst estimates by 117%. Over the next year, revenue is forecast to grow 27%, compared to a 17% growth forecast for the Auto Components industry in India. Announcement • Nov 07
JBM Auto Limited to Report First Half, 2021 Results on Nov 12, 2020 JBM Auto Limited announced that they will report first half, 2021 results on Nov 12, 2020 Major Estimate Revision • Sep 23
Analysts lower EPS estimates to ₹7.70 The 2021 consensus revenue estimate was lowered from ₹19.1b to ₹18.0b. Earning per share (EPS) estimate was also lowered from ₹14.60 to ₹7.70 for the same period. Net income is expected to grow by 86% next year compared to 59% growth forecast for the Auto Components industry in India. The consensus price target increased from ₹309 to ₹373. Share price is down by 9.7% to ₹216 over the past week. Announcement • Sep 06
JBM Auto Limited to Report Q1, 2021 Results on Sep 12, 2020 JBM Auto Limited announced that they will report Q1, 2021 results on Sep 12, 2020 
