Jamna auto industries has announced that CARE Ratings Limited has assigned credit ratings to the company's bank facilities worth Rs 550 crore. The rating agency communicated its decision on March 12, 2026, with the company subsequently informing stock exchanges on March 13, 2026, in compliance with SEBI regulations.

Credit Rating Details

CARE Ratings reviewed and assigned ratings to two categories of bank facilities operated by Jamna Auto Industries. The rating actions demonstrate the agency's assessment of the company's creditworthiness and financial stability.

Rating Significance

The CARE AA; Stable rating indicates high degree of safety regarding timely servicing of financial obligations. The stable outlook suggests that the rating is unlikely to change in the near term. For the combined long-term and short-term facilities, CARE assigned both CARE AA; Stable for the long-term component and CARE A1+ for the short-term component, reflecting strong credit quality.

Regulatory Compliance

The company disclosed this information pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Company Secretary & Head-Legal Praveen Lakhera signed the communication to both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with disclosure requirements for listed companies.

Total Facility Coverage

The total bank facilities covered under these ratings amount to Rs 550 crore, comprising Rs 90.00 crore in long-term facilities and Rs 460.00 crore in combined long-term and short-term facilities. The reaffirmation of the long-term facility rating and assignment of new ratings for the larger facility demonstrates CARE's confidence in the company's financial position.

Jamna Auto Industries Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating robust growth across key metrics while unveiling strategic expansion initiatives. The Board of Directors approved these results at their meeting held on February 13, 2026.

Strong Financial Performance

The automotive suspension manufacturer delivered impressive consolidated financial results for Q3 FY26, with significant improvements in both revenue and profitability parameters.

For the nine months ended December 31, 2025, the company maintained strong momentum with consolidated revenue from operations reaching Rs. 177,198.68 lakhs compared to Rs. 163,242.38 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at Rs. 14,371.35 lakhs versus Rs. 13,000.06 lakhs in the previous year.

Strategic Investment in Renewable Energy

The Board approved a proposed investment of approximately Rs. 81,67,500 for acquiring up to 26% equity shareholding in Fourth Partner Energy Private Limited and/or its subsidiaries or affiliates. This investment positions the company as a captive user under the Group Captive Scheme in accordance with the Electricity Act, 2003 and Electricity Rules, 2005.

Fourth Partner Energy Private Limited, through its subsidiary or affiliate, is developing a renewable energy project in Haryana with a total capacity of 105 MWp solar power plant.

Manufacturing Capacity Expansion

The company announced plans to establish a new manufacturing facility for parabolic springs production under its wholly-owned subsidiary, Jai Automotive Components Limited, at Pithampur, Madhya Pradesh.

Regulatory Impact and Exceptional Items

The company recorded an exceptional item of Rs. 1,187.74 lakhs in consolidated results and Rs. 1,113.51 lakhs in standalone results for the quarter, representing the estimated financial impact of New Labour Codes notified with effect from November 21, 2025. This provision was made in consultation with external experts in accordance with Ind AS 19 - Employee Benefits.

Operational Updates

During the quarter, the company issued and allotted 16,750 equity shares of Re. 1/- each under the Employee Stock Option Scheme, 2017. The issued and paid-up share capital increased to Rs. 3,988.58 lakhs as of December 31, 2025. The company operates in automotive suspension manufacturing, including parabolic/tapered leaf springs and lift axles, constituting a single reporting business segment. The financial results received unmodified reports from statutory auditors Price Waterhouse Chartered Accountants LLP.