JBM Auto Limited Board Approves Financial Results and Recommends Dividend for FY 2026

JBM Auto Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company has recommended a final dividend of 85%, equivalent to Rs. 0.85 per equity share. Additionally, the company is rebranding its OEM division to ‘EV Business’ and has confirmed the re-appointment of its internal and cost auditors for the upcoming financial year to ensure continued operational efficiency and compliance.

Financial Performance Highlights

For the year ended March 31, 2026, JBM Auto Limited reported strong performance across its business segments. The standalone net profit for the year stood at Rs. 133.98 crore, while the consolidated net profit reached Rs. 238.07 crore. Driven by consistent growth, the Board of Directors has recommended a final dividend of Rs. 0.85 per share (on a face value of Re. 1/- per share), underscoring the company’s commitment to delivering value to its shareholders.

Strategic Rebranding: The ‘EV Business’

As part of its strategic growth roadmap, the company has officially renamed its OEM Division to ‘EV Business’. This transition reflects the organization’s increasing focus on electric vehicle technology and sustainable mobility solutions, aligning its operational identity with its core future-growth objectives.

Operational Appointments

To support its governance and operational frameworks for the 2026-27 financial year, the company has confirmed key appointments. Mr. Amol Modak has been re-appointed as the Internal Auditor, bringing over 21 years of experience in risk assessment and audit processes. Furthermore, M/s. Jitender Navneet & Co. has been re-appointed as the Cost Auditor, leveraging their 30 years of expertise in cost and management accounting to optimize the company’s fiscal efficiency.

Robust Financial Position

The company maintains a healthy capital structure with consolidated assets reaching Rs. 7,369.56 crore as of March 31, 2026. Despite the challenges of the evolving regulatory environment, including the implementation of End-of-Life Vehicles Rules, 2025, the company remains resilient, focusing on operational excellence and long-term value creation in the automotive and EV sectors.

Source: BSE

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