JBM Auto Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported robust performance, leading the Board of Directors to recommend a final dividend of 85%, equivalent to Rs. 0.85 per equity share. Additionally, the company is rebranding its OEM Division to ‘EV Business’ to better reflect its strategic focus, while confirming key auditor re-appointments for the upcoming financial year.
Annual Financial Performance
For the financial year ended March 31, 2026, JBM Auto Limited achieved significant financial milestones. The company posted consolidated revenue from operations of Rs. 6,088.37 crore. The net profit after tax for the year stood at Rs. 238.07 crore, reflecting the company’s resilience and operational efficiency throughout the period. The Board has rewarded shareholders with a final dividend recommendation of Rs. 0.85 per share of Re. 1/- face value.
Strategic Rebranding and Operational Updates
In a significant strategic move, the Board of Directors has approved the renaming of the company’s OEM Division to ‘EV Business’. This change signifies the organization’s commitment to the electric vehicle sector and aligns its corporate identity with its long-term growth objectives. The company continues to monitor regulatory developments regarding End-of-Life Vehicles and the associated Extended Producer Responsibility (EPR) obligations as it scales its operations.
Leadership and Audit Appointments
To ensure continued operational excellence, the Board has re-appointed Mr. Amol Modak as the Internal Auditor for the 2026-27 financial year. Furthermore, the firm M/s. Jitender Navneet & Co. has been re-appointed as the Cost Auditor for the same period, underscoring the company’s focus on robust governance and cost management practices.
Consolidated Segment Highlights
The company’s consolidated operations are driven by three core segments: Component Division, Tool Room Division, and the now-renamed EV Business. The EV Business remains a cornerstone of the company’s future growth, contributing significantly to the consolidated revenue profile and capital employed. The management remains focused on leveraging these divisions to maximize value for stakeholders in the coming fiscal year.
Source: BSE