AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 1 Oct - JBM Auto led India electric bus market with 33% share in September 2026, registering 274 buses.
Source: Bse
JBM Auto Limited (JBMA)
Small CapAuto stocks · Small cap · NSE
JBM Auto Limited operates in Auto Components, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals16 Oct 2026 · screener
Latest result30 Jul, 09:00 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
34Bearishfull bear SMA stack · SMA20 -11.0% / mo · MACD +
Stock trend: 25
Sector RS: 49
Sector 3M: -6.3% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
JBMAD candles · FIT view-13.6%Latest close ₹529.20 on 2026-10-19
Bar
-1.8%
RSI
32
MACD hist
0.64
52W pos
20%
2026-10-19O ₹539.10H ₹543.95L ₹527.50C ₹529.20Vol 1.1L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
JBMANifty AutoNifty 500
- JBMA
- -21.1%
- Nifty 500
- -5.6%
- Nifty Auto
- -5.4%
- Vs Nifty 500
- -15.5 pp
Chart stats
19 Oct 2026- From 52W high
- -28.3%
- 52W range position
- 20%
- ATR (14)
- 2.9%
- Volume vs 20D
- 0.51x
- Avg traded value
- ₹12 Cr
- 20D price channel
- ₹523.3 - ₹610.4
₹738.5
₹477 - ₹738.5
₹15.6
Latest completed session
20-session average
24.1% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST34
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good55
Revenue +15.0% · PAT +12.8% YoY
Technical
Bearish34
Price trend and sector-relative-strength timing.
Valuation
Legacy model-44.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence69
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 55/100Rev +15% YoY · PAT +13% YoY · margin expansion
Filed 30 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,442 Cr | +15.0% | -22.1% |
| EBITDA | ₹155 Cr | +29.2% | -32.3% |
| Operating margin | 11.0% | +100 bps | -100 bps |
| PAT | ₹44 Cr | +12.8% | -47.6% |
| PAT margin | 3.0% | -6 bps | -149 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 55.40
- P/B
- 8.29
- EV/EBITDA
- 17.88
- Market Cap
- 12742.00Cr
Profitability
- ROE
- 15.70%
- ROCE
- 15.10%
- ROA
- 3.30%
- Dividend Y
- 0.16%
Growth (CAGR)
- Revenue 5Y
- 25.00%
- EPS 5Y
- 36.00%
- Revenue 3Y
- 16.00%
- EPS 3Y
- 22.00%
Balance Sheet
- Debt/Equity
- 1.97
- Interest Coverage
- 2.11×
- Altman Z
- 2.84
- Book Value
- 65.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 4/5
- OCF
- -60.00 Cr
- EPS TTM
- 9.48
Shareholding
- Promoter Hold
- 67.53%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 24%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 1,442-22.1% vs prev
Net Profit
₹ CrLatest: 44.0-47.6% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 32.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- Recent death cross (SMA50 crossed below SMA200).
- SMA20 falling (~12.3% over last month) — short-term momentum negative.
- RSI(14) at 32 — sideways, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 28% off 52W high · 11% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
25
RS percentile
Stage 1 Base / Transition
1M return
-11.7%
3M return
-21.1%
6M return
-15.9%
1Y return
-19.5%
RS 1D
-1
RS 20D
-3
Sector rank
#10
Industry rank
#14
Stage evidence
- Price is 15.9% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed +0.5% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 79.49-0.82%
RS vs Nifty 50079
Valuation & peers
U-Score 34 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 34 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth16/25
Quality12/20
Balance Sheet2/15
Cash Flow3/10
Piotroski
4/9 (+1)
Penalties
0
Raw sum
34
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
34/100 · legacy band WATCHLIST
Positive drivers
- Growth contributes 16/25 to the score.
- Quality contributes 12/20 to the score.
- Cash flow contributes 3/10 to the score.
Main drags
- Fair-value margin of safety is negative at -44.8%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Balance sheet is weaker at 2/15; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
55.4
PB
8.3
EV/EBITDA
17.9
ROE
15.7%
ROCE
15.1%
FCF Yield
—
Debt/Equity
2.0
MoS
-44.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
34
Previous: 34
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-44.8%
Previous: -44.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
34
34
34
34
34
34
34
34
34
34
34
34
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹117.75
-349.4% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹365.45
-44.8% MoS
PEG
1.82
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SSWL
Small
Steel Strips Wheels Limited
Auto Components
match 167
38
30.4
11.0%
+21%
WATCHLIST
RKFORGE
Large
Ramkrishna Forgings Limited
Auto Components
match 165
29
112.0
2.5%
-202%
OVERVALUED
WHEELS
Small
Wheels India Limited
Auto Components
match 165
50
36.3
15.8%
+5%
FAIR VALUE
VSTTILLERS
Small
V.S.T Tillers Tractors Limited
Auto Components
match 165
31
33.6
10.0%
-70%
OVERVALUED
MMFL
Small
MM Forgings Limited
Auto Components
match 163
46
23.7
10.5%
+62%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
JBM Auto Limited operates in Auto Components, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
69Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 59th percentile of the scored universe and 41st percentile within Auto. Main check: cash conversion is weak at 52/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 20 Oct 2026
management-trust-v1
9 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
59th percentile
overall median 67 · Auto: 41st pctile, median 74 · Small: 63rd pctile, median 66
Evidence depth
Financial-only
9 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
53
watch · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 67.5%.
- ▸Promoter pledge is zero.
- ▸4 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Operating cash flow is negative at ₹-60 Cr.
- ▸Debt/equity is 1.97.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching JBM Auto Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 6 Aug - Crisil reaffirmed JBM Auto’s ratings at A/Stable and A1 for ₹2,020 crore bank facilities.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 13 Jul - JBM EV signs MoU with Drivn to supply 500 electric luxury buses over the next year.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 10 Jul - JBM EV launched ‘GALAXY’ electric luxury coach at Prawaas 5.0, Gandhinagar, unveiled by Nitin Gadkari.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 Jul - Q1FY27 PAT rose 15.96% to Rs 42.43 crore; JBM Ecolife secured Rs 750 crore investment.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 18 Jun - JBM Ecolife secures INR 750 crore from Motilal Oswal to deploy 2,000 e-buses across India.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Jun - Submission of newspaper publications with respect to completion of dispatch of postal ballot notice
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 May
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Dividend Updates 11 May - FY26 audited results approved; 85% final dividend, auditor reappointments, OEM division renamed EV Business.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.