Jamna Auto FY26 profit rises 28%, declares dividend

Jamna Auto Industries reported a consolidated net profit of ₹23,097.91 lakh for the financial year ended March 31, 2026, marking an increase from ₹18,031.96 lakh in the previous year. Revenue from operations for the period stood at ₹261,158.73 lakh, compared to ₹227,013.73 lakh in FY25. The company's Board of Directors approved the audited financial results for both consolidated and standalone accounts during a meeting held on May 29, 2026.

Consolidated Financial Performance

For the quarter ended March 31, 2026, the company recorded a profit after tax of ₹8,726.56 lakh. Total income for the quarter reached ₹83,960.05 lakh. The statutory auditors, Price Waterhouse Chartered Accountants LLP, issued an unmodified opinion on the consolidated financial results.

The Board recommended a final dividend of ₹1.50 per equity share of ₹1 each. This includes an interim dividend of ₹1 per share declared earlier, bringing the total dividend for FY26 to ₹2.50 per share. The payout is subject to shareholder approval at the ensuing Annual General Meeting.

Operational Highlights and Exceptional Items

The financial results include an exceptional item regarding the impact of new labour codes, which amounted to ₹1,187.74 lakh for the year. The company recorded this expense in consultation with external experts following the notification of New Labour Codes in November 2025. Additionally, the group entered into a new factoring arrangement without recourse for trade receivables, resulting in related costs of ₹923.68 lakh for the year presented under finance costs.

Standalone Results

On a standalone basis, the company reported a net profit of ₹24,924.96 lakh for FY26, up from ₹21,113.02 lakh in the previous year. Revenue from operations for the year was ₹253,852.64 lakh. The standalone financial results were also audited and received an unmodified opinion from the statutory auditors.

Capital Allocation

During the year ended March 31, 2026, the company issued and allotted 806,750 equity shares under the Employee Stock Option Scheme, 2017. Consequently, the paid-up equity share capital increased to ₹3,996.48 lakh as of March 31, 2026.

Metric	FY26 (₹ in Lakhs)	FY25 (₹ in Lakhs)
Consolidated Revenue from Operations	261,158.73	227,013.73
Consolidated Net Profit	23,097.91	18,031.96
Standalone Revenue from Operations	253,852.64	221,185.27
Standalone Net Profit	24,924.96	21,113.02
Basic EPS (Consolidated)	5.79	4.52
Basic EPS (Standalone)	6.25	5.29

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.32%	+9.72%	+1.70%	+9.96%	+36.27%	+50.96%

Jamna Auto Industries delivered its strongest-ever quarterly and full-year performance in FY26, achieving record revenue and profit before tax (PBT) driven by a broad-based recovery across the commercial vehicle segments. The company reported a 15% year-on-year increase in net sales to ₹2612 crore for the financial year ended March 31, 2026, while profit after tax (PAT) rose 28% to ₹231 crore. This performance underscores the effectiveness of the company's disciplined cost execution and strategic expansion into new products and markets.

Financial Performance

For the fourth quarter of FY26, Jamna Auto Industries reported net sales of ₹840 crore, a 32% increase compared to ₹638 crore in the same period last year. Profit before tax for the quarter surged 61% to ₹116 crore, while PAT grew 74% to ₹87.3 crore. EBITDA for the quarter stood at ₹138 crore, representing a margin of 16.5%, compared to 13.1% in the same period last year. Cash accruals, defined as PAT plus depreciation, were recorded at ₹104 crore for the quarter.

Consolidated Financial Results (₹ Crore)

Particulars:	Q4 FY 25-26	Q4 FY 24-25	YoY	12 Months FY 25-26	12 Months FY 24-25	YoY
Net Sales:	840	638	32%	2612	2270	15%
EBITDA:	138	85	62%	394	307	28%
EBITDA Margin:	16.5%	13.1%	—	—	—	—
PBT:	116	72	61%	320	256	25%
PAT:	87.30	50.30	74%	231	180	28%

Operational Highlights

The company attributed its record performance to a recovery in the M&HCV (medium and heavy commercial vehicle) and LCV (light commercial vehicle) segments, supported by strong aftermarket momentum. During the year, Jamna Auto Industries commissioned new capacities in Adityapur for parabolic springs and in Indore for leaf springs and U bolts. The company also commenced exports to global players like Stellantis and expanded its customer base for existing products such as stabilizer bars, which are now supplied to Mahindra & Mahindra Ltd in addition to Tata Motors Ltd.

Strategic Roadmap

Jamna Auto Industries outlined its "Lakshya RISE 5000" blueprint, targeting ₹5000 crore in revenue with a focus on new markets contributing 40% of total sales. The strategy aims to deliver a return on capital employed (ROCE) of 40% and a dividend payout of 50%. The company is deepening its focus on the Indian aftermarket and exports to ensure steady performance across macroeconomic cycles.