Jay Bharat Maruti Limited submitted an investor presentation on Q1 FY26-27 financial results pursuant to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Q1 FY27 vs Q1 FY26 Standalone Performance (All figures in INR Crores)

  • Total Income: ₹626.97 (Q1 FY27) vs ₹556.89 (Q1 FY26) - Increase of 12.58%
  • EBIDTA: ₹63.10 vs ₹65.86 - Decrease of 4.18%
  • EBIT: ₹38.94 vs ₹44.60 - Decrease of 21%
  • PBT: ₹28.37 vs ₹35.58 - Decrease of 20.2%
  • PAT: ₹21.20 vs ₹23.07 - Decrease of 8.1%
  • Net Cash Accruals: ₹48.95 vs ₹51.40 - Decrease of 4.76%

Key Financial Ratios (% of Total Income) Q1 FY27 vs Q1 FY26

  • Material Cost: 72.53% vs 75.61% - Improvement of 3.08%
  • Employee Cost: 9.83% vs 6.70% - Increase of 3.13%
  • Other Expenses: 7.57% vs 5.71% - Increase of 1.87%
  • EBIDTA Margin: 10.06% vs 11.98% - Decrease of 1.92%
  • Interest Expense: 1.69% vs 1.53% - Increase of 0.16%
  • Depreciation: 3.85% vs 3.24% - Increase of 0.61%
  • PBT Margin: 4.52% vs 7.21% - Decrease of 2.69%
  • PAT Margin: 3.38% vs 10.28% - Decrease of 6.90%

Positive Factors for Margin Movement (YoY)

  • Higher Maruti Suzuki India Limited (MSIL) volumes leading to improved capacity utilization and operating performance
  • Improved realization due to product mix
  • Lower tax rate in Q1 on adoption of new tax regime
  • Stable finance cost despite expansion of new plants
  • Steps taken for renewable energy to minimize energy cost
  • Sheet Metal Turnover increased by 25% compared to Q1 previous year

Negative Factors for Margin Movement (YoY)

  • Adverse commodity prices in context of West Asia Conflict
  • Employee cost increase due to hike of Haryana Minimum Wages
  • High maintenance expenses (one-time impact - non-recurring)
  • Lower incentive: Q1 CY ₹34.26 Cr vs Q1 PY ₹53.20 Cr

Q1 FY27 vs Q4 FY26 Standalone Performance (All figures in INR Crores)

  • Total Income: ₹626.97 (Q1 FY27) vs ₹766.98 (Q4 FY26) - Decrease of 18.25%
  • EBIDTA: ₹63.10 vs ₹91.90 - Decrease of 31.33%
  • EBIT: ₹38.94 vs ₹67.05 - Decrease of 41.92%
  • PBT: ₹28.37 vs ₹55.32 - Decrease of 48.72%
  • PAT: ₹21.20 vs ₹78.86 - Decrease of 72.99%
  • Net Cash Accruals: ₹48.95 vs ₹73.65 - Decrease of 33.53%

Note: Q4 FY26 PAT was higher due to reversal of Deferred Tax Liability (DTL) of ₹36.79 Cr due to adoption of new tax regime, changing from 34.94% to concessional tax rate of 25.17%

Key Financial Ratios (% of Total Income) Q1 FY27 vs Q4 FY26

All ratios show sequential deterioration from Q4 FY26 to Q1 FY27

Positive Factors for Sequential Performance

  • Better capacity utilization considering customer volume
  • Stable finance cost despite expansion of new plants
  • Steps taken for renewable energy to minimize energy cost

Negative Factors for Sequential Performance

  • Adverse commodity prices in context of West Asia Conflict
  • Employee cost increase due to impact of Haryana Minimum Wages increase
  • Lower tooling sale in Q1 compared to Q4 previous year
  • High maintenance expenses (one-time impact - non-recurring)
  • Depreciation increased due to expansion of new plants

Additional Notes

  • All figures in the presentation are in INR Crores, except ratios
  • Ratios may be approximate due to rounding
  • The presentation contains forward-looking statements subject to risks and uncertainties