JBM Auto has fixed Wednesday, September 9, 2026, as the record date for shareholders eligible to receive the final dividend of ₹0.85 per equity share for FY26. The Company Secretary confirmed the intimation pursuant to Regulation 42 of SEBI Listing Regulations on August 25, 2026.

The Board of Directors recommended the dividend in its meeting held on May 11, 2026. Shareholders must be on record as of September 9, 2026, to claim the payout, subject to approval at the 30th Annual General Meeting (AGM) scheduled for September 16, 2026. Payment will be made after deducting applicable tax at source.

Financial Performance

The company delivered broad-based growth across both standalone and consolidated operations. On a standalone basis, revenue from operations rose to ₹5,401.82 crore in FY26 from ₹4,777.54 crore in FY25, a growth of 13.07%. Standalone EBITDA increased to ₹488.76 crore from ₹457.93 crore, up 6.72%.

Consolidated performance showed stronger momentum, with revenue from operations growing 11.25% and EBITDA rising 15.53%.

Segment-Wise Performance

All three business segments delivered positive growth. The OEM Division, which encompasses electric bus manufacturing, emerged as the fastest-growing segment at 16.2%, while the Component Division remained the largest contributor at 56.5% of consolidated revenue.

Total segment results grew 20.6%, ahead of revenue growth, indicating operating leverage and improved efficiency. The OEM Division recorded segment profit growth of 16.5%, while the Component Division expanded 15.8%.

What the Numbers Show

Consolidated profit growth of 10.9% lagged revenue growth of 11.3%, partly reflecting the share of losses from joint ventures amounting to ₹31.75 crore. Finance costs on a consolidated basis rose to ₹318.24 crore from ₹246.95 crore, absorbing a portion of the operating gains. The net debt-to-equity ratio stood at 1.98 times as at March 31, 2026, compared to the standalone figure. Other equity strengthened to ₹1,514.62 crore from ₹1,326.98 crore, reflecting a 14.1% increase.

Dividend and Capital Raise

The Board recommended a final dividend of ₹0.85 per equity share (85% on face value of ₹1) for FY26, payable to shareholders on record as of September 9, 2026. Shareholders will also vote on a special resolution to issue securities worth up to ₹1,500 crore. This renews an authority previously passed at the 29th AGM held on September 3, 2025, which expired on September 2, 2026 without utilisation due to market conditions.

Board Appointments and AGM Agenda

Key resolutions at the 30th AGM include the re-appointment of Mr. Nishant Arya as Managing Director (designated Vice-Chairman and Managing Director) for three years from May 18, 2027, with a basic salary of ₹65 lakh per month and perquisites capped at 200% of basic salary. Shareholders will also vote on the continuation of Mr. Praveen Kumar Tripathi as Independent Director beyond age 75, until July 10, 2029.

Material Development Post Year-End

Subsequent to the close of FY26, JBM Ecolife Mobility Private Limited, a subsidiary/joint venture, secured a strategic investment of ₹750 crore from Motilal Oswal Alternates to scale deployment of electric buses across India, with a planned rollout of approximately 2,000 energy-efficient e-buses.

In FY26, JBM emerged as India's top e-bus manufacturer, selling approximately 1,282 electric buses and capturing nearly 24% market share. The company holds one of the largest electric bus manufacturing capacities globally, at around 20,000 buses annually.

JBM Auto Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the Bombay Stock Exchange and the National Stock Exchange of India. The disclosure aligns with SEBI’s Listing Obligations and Disclosure Requirements Regulations.

The report details the company’s environmental, social, and governance performance across its consolidated subsidiaries. Joint ventures were excluded from the reporting boundary for this period to comply with assurance audit requirements applicable for the first time.

Operational Scope and Governance

The company operates 18 plants and three working depots across India, serving customers in 21 states and exporting to nine countries. Exports contributed 0.32% of total turnover. The Board of Directors includes one woman director, representing 16.67% of the total board strength.

Vinay and Keshava LLP provided limited assurance on the identified sustainability information within the report. The Risk Management and Sustainability Committee oversees ESG-related risk management and performance monitoring.

Environmental Metrics

The company reported a reduction in total energy consumption to 2,94,241 Giga Joules in FY26, down from 4,31,850.24 Giga Joules in FY25. Non-renewable energy consumption fell significantly to 2,23,660.91 Giga Joules from 3,66,550.65 Giga Joules the previous year. Renewable electricity consumption rose to 70,580.09 Giga Joules from 65,299.58 Giga Joules.

Total waste generated increased to 1,08,016.25 metric tonnes from 83,629.23 metric tonnes. Non-hazardous waste accounted for the majority of this volume at 1,07,806.24 metric tonnes. The company maintains Zero Liquid Discharge systems at most manufacturing facilities.

Social and Employee Data

The workforce comprises 2,437 permanent employees and 9,559 workers. Female representation among permanent employees stands at 2.50%, while it is 4.20% among workers. The company reported zero fatalities and zero lost-time injuries for employees. Workers recorded one recordable work-related injury and a Lost Time Injury Frequency Rate of 0.06 per million person-hours worked.

Cost incurred on employee well-being measures was 0.07% of total revenue, up from 0.05% in FY25. All permanent employees and workers are covered by health insurance and accident insurance.