Financial Performance Highlights

Jamna Auto Industries Limited reported record financial performance for FY 2025-26 with consolidated revenue growing 15% to ₹2,612 crore and profit after tax increasing 28% to ₹231 crore. The company achieved strong operational metrics with EBITDA margin of 15.1% (up from 13.5% in FY25) and ROCE of 36% (up from 29% in FY25). Standalone revenue stood at ₹2,539 crore with PAT of ₹249 crore. Basic EPS reached ₹5.79 for the consolidated entity.

Dividend Declaration and AGM Details

The Board declared a final dividend of ₹1.50 per share, following an interim dividend of ₹1.00 per share already paid, resulting in total dividend payout of ₹2.50 per share representing 43.3% of PAT. The 60th Annual General Meeting is scheduled for September 29, 2026 via video conference, with record date set for September 22, 2026 for dividend entitlement. Key agenda items include adoption of financial statements, dividend declaration, re-appointment of director Mr. S.P.S. Kohli, ratification of cost auditor remuneration, approval of material related party transactions with subsidiary Jai Suspension Systems up to ₹310 crore, and revision of executive director remuneration.

Operational and Strategic Developments

The company executed significant capacity expansion with ₹257 crore capital expenditure during FY26, commissioning new plants in Adityapur (Jharkhand) and Indore (Madhya Pradesh). Under the Lakshya RISE 5000 strategy, the company achieved 22% revenue contribution from new markets and 47% from new products. Export revenue reached ₹53 crore from 17 countries. The company received credit rating upgrades with CARE AA (Stable) reaffirmed and ICRA upgrade to [ICRA]AA (Stable).

Corporate Structure and Subsidiary Performance

Key subsidiaries include Jai Suspension Systems Private Limited, Jai Suspensions Limited, and Jai Automotive Components Limited. Jai Automotive Components reported cash losses of ₹2.56 crore for FY26. The company transitioned to a new factoring arrangement that eliminated borrowings, reducing from ₹12,741.67 lakhs to zero.

Regulatory and Compliance Matters

The company addressed a cybersecurity incident from July 5, 2024, which was contained with no material impact on operations. Significant contingent liabilities include GST matters of ₹12.39 crore, income tax cases of ₹12.70 crore, and entry tax disputes of ₹3.82 crore. The implementation of New Labour Codes resulted in an exceptional item of ₹11.14-11.88 lakhs for reassessment of employee benefit obligations.

ESG Initiatives and Corporate Governance

The company demonstrated progress on sustainability with CO2 intensity reduction from 0.42/MT to 0.37/MT, renewable energy share increase from 12% to 28% of total consumption, and net zero target set for FY 2040. CSR expenditure focused on environment, education, healthcare, and community development. Promoter holding remained stable at 49.84%, with ESOP schemes resulting in issuance of 806,750 new shares during the year.

Future Outlook and Projections

The company has approved new projects including a parabolic spring facility at Pithampur with ₹170 crore investment and 21,600 MT capacity, along with an integrated suspension system plant at Indore with in-house axle manufacturing. The company maintains strong liquidity position with cash equivalents of ₹102 crore and undrawn banking facilities of ₹198 crore.