Date: 25th August 2026 (Annual Report), 11th May 2026 (Related Party Transactions)
Financial Performance Highlights
Consolidated Results (FY 2025-26 vs FY 2024-25):
- Revenue from operations: ₹6,088.37 Crores (vs ₹5,472.33 Crores) - increased by 11.25%
- EBITDA: ₹843.83 Crores (vs ₹730.39 Crores) - increased by 15.53%
- Profit After Tax: ₹238.07 Crores (vs ₹214.63 Crores)
- EPS: ₹9.25 (vs ₹8.54)
- Other Equity: ₹1,514.62 Crores (vs ₹1,326.98 Crores) - increased by 14.1%
Standalone Performance:
- Revenue from operations: ₹5,401.82 Crores (increased by 13.07%)
- Profit After Tax: ₹148.07 Crores
- Basic and diluted EPS: ₹6.26
Segment-wise Performance:
Revenue Contribution:
- Component Division: ₹3,442.58 Crores (56.5% of total)
- OEM Division: ₹2,307.37 Crores (37.9% of total)
- Tool Room Division: ₹338.42 Crores (5.6% of total)
Dividend Declaration & Capital Raising
- Recommended final dividend of 85% i.e. ₹0.85 per equity share
- Record date: 9th September, 2026
- Total dividend amount: ₹2,010.20 lakhs (subject to shareholder approval)
- Approval sought for raising up to ₹1,500 Crores through various securities instruments including equity shares, GDRs, ADRs, FCCBs, preference shares, and debentures
Board & Management Changes
30th AGM Agenda (16th September 2026):
- Re-appointment of Mr. Nishant Arya as Managing Director (designated as Vice-Chairman and Managing Director) for 3 years w.e.f. 18th May, 2027 with remuneration including:
- Basic Salary: ₹65,00,000 per month
- Perquisites & Allowances: Up to 200% of basic salary
- Commission: Up to 5% of Net Profit
- Approval for continuation of Mr. Praveen Kumar Tripathi as Independent Director after attaining age 75 years until expiry of current term on 10th July, 2029
- Ratification of Cost Auditors remuneration
Current Board Composition:
Six-member board with three independent directors including one woman director
Related Party Transactions Disclosure
Inter-Corporate Loans:
- Total loans given during year: ₹8,866.54 lakhs to subsidiaries and joint ventures
- Significant loans to JBM Ecolife Mobility Private Limited: ₹6,537.54 lakhs
- Loan conversion to preference shares: ₹31,394.73 lakhs
Investments:
- Investment in preference shares of JBM Ecolife Mobility Private Limited: ₹36,916.30 lakhs
Remuneration to Key Management Personnel:
- Total KMP remuneration: ₹3,663.22 lakhs (FY 2024-25: ₹3,218.16 lakhs)
- Mr. Nishant Arya: ₹3,293.08 lakhs
- Mr. Dhiraj Mohan: ₹173.12 lakhs
- Mr. Vivek Gupta: ₹137.97 lakhs
- Mr. Sanjeev Kumar: ₹59.05 lakhs
Guarantees Outstanding:
- Bank guarantees: ₹5,846.63 lakhs
- Corporate guarantees: ₹14,594.00 lakhs
- Surety bonds: ₹2,912.24 lakhs
Subsidiary & Joint Venture Updates
Material Subsidiaries:
- JBM Electric Vehicles Private Limited (85% shareholding, PAT: ₹13,495.28 lakhs)
- JBM Green Energy Systems Private Limited
- JBM Ogihara Automotive India Limited
Strategic Development:
- JBM Ecolife Mobility Private Limited secured strategic investment of ₹750 Crore from Motilal Oswal Alternates for deployment of approximately 2,000 energy-efficient e-buses
- Electric bus division captured 24% market share
- Established JBM Electric Vehicles Europe B.V. (incorporated 22nd July, 2025)
Corporate Governance & Compliance
Auditors' Reports:
- Statutory Auditors (R N Marwah & Co LLP): Unmodified opinion on financial statements
- Secretarial Auditors: No qualification, reservation, adverse remarks or disclaimer
- Limited assurance obtained on BRSR Core indicators as per SEBI requirements
Compliance Status:
- No material orders passed by regulators or courts impacting going concern status
- No defaults in payment of dues to banks, financial institutions, or debenture holders
- No frauds reported by auditors
- CRISIL Ratings: Long Term A/Stable, Short Term A1 (Reaffirmed)
CSR Expenditure:
- CSR Obligation: ₹2.82 Crores
- CSR Amount spent: ₹2.83 Crores
- Focus area: Vocational Skills through Skill Development Centres
Operational Metrics
Employee Statistics:
- Permanent Employees: 2,437 (Male: 2,376, Female: 61)
- Other than Permanent Workers: 9,008 (Male: 8,607, Female: 401)
Research & Development:
- Expenditure incurred: ₹86.73 Crores (vs ₹22.43 Crores previous year)
- Key focus areas: Electric vehicle technology, advanced safety systems, battery technology, lightweight materials
Market Capitalization:
- ₹15,582.61 Crores (as on 30th July, 2026)
Financial Ratios:
- Current Ratio: 1.10 Times
- Debt-Equity Ratio: 1.98 Times
- Return on Equity: 15.13%
- Inventory Turnover Ratio: 10.79 Times
Investor Information
AGM Details:
- Date: 16th September, 2026
- Time: 11:30 AM IST
- Mode: Video Conferencing/Other Audio Visual Means
- Cut-off date for e-voting: 9th September, 2026
- Remote e-voting period: 13th September, 2026 (9:00 AM) to 15th September, 2026 (5:00 PM)