JBM Auto Q2 Earnings: Profit at ₹53 Crore, EBITDA Margin Slips to 11.3%

JBM Auto reported its second-quarter earnings for FY2026, showing moderate growth in profit despite a slight decline in operational margins. The company recorded a net profit of ₹52.6 crore, marking a 6.2% year-on-year increase compared to ₹49.5 crore in the same period last year.

Revenue Growth with Margin Pressure

The company’s revenue for the quarter stood at ₹1,368 crore, up 6.5% from ₹1,285 crore in the previous year’s corresponding quarter. However, the EBITDA declined 5.6% to ₹155.3 crore from ₹164.5 crore. 

The EBITDA margin contracted to 11.3% from 12.9% last year, indicating higher input and operational costs. While revenue growth remained steady, the pressure on margins highlights the challenges within the auto components and electric vehicle segments.

Defence Sector Order Strengthens Business Outlook

In a key development, the Indian Army signed a contract worth ₹130.58 crore with the company to procure 113 electric buses and 43 fast chargers. Signed on 17 October 2025, this marks the Army’s first large-scale induction of electric buses under the PM E-Drive programme aimed at sustainable and clean mobility.

The deal is categorised under the Buy (Indian–IDDM) initiative — Indigenously Designed, Developed, and Manufactured — reflecting support for local defence manufacturing and the Aatmanirbhar Bharat mission. 

Stock Performance and Key Financial Metrics

As of October 30, 2025, JBM Auto share price closed at ₹681, up 0.49% from the previous session. The stock has traded between ₹489 and ₹899 over the past year, indicating steady investor interest.

The company’s market capitalisation stands at ₹16,117 crore with a price-to-earnings (P/E) ratio of 78.5. Its book value is ₹57.1 per share, with a return on equity (ROE) of 16.1% and a return on capital employed (ROCE) of 14.2%. The stock carries a face value of ₹1 and a dividend yield of 0.12%.

Read More:Indian Army Signs ₹130.58 Crore Contract with JBM Auto to Procure 113 Electric Buses and 43 Fast Chargers

Conclusion

JBM Auto’s Q2 results indicate consistent revenue growth alongside margin moderation. The recent defence contract and its focus on electric mobility could help strengthen future business opportunities, supporting the broader shift towards sustainable transportation in India.

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