JBM Auto submits FY26 Business Responsibility and Sustainability Report

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • JBM Auto filed its FY26 BRSR report covering consolidated subsidiaries
  • Total energy consumption fell to 2,94,241 Giga Joules from 4,31,850 Giga Joules
  • Scope 2 emissions decreased significantly to 39,559.25 MT CO2e
  • Workforce includes 2,437 permanent employees and 9,559 workers
  • Vinay and Keshava LLP provided limited assurance on sustainability data
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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.

Metric FY26 FY25
Total Energy Consumed (Giga Joules) 2,94,241.00 4,31,850.24
Scope 1 Emissions (MT CO2e) 5,188 4,187
Scope 2 Emissions (MT CO2e) 39,559.25 70,817.75
Total Water Consumption (KL) 2,53,658.40 3,46,227.57

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.

Historical Stock Returns for JBM Auto

1 Day5 Days1 Month6 Months1 Year5 Years
-2.10%+4.22%-1.30%+16.36%+1.71%+618.62%

How will the exclusion of joint ventures from the BRSR reporting boundary impact JBM Auto's comparability with peers in future sustainability benchmarks?

What specific operational changes or technology upgrades drove the significant reduction in total and non-renewable energy consumption despite increased waste generation?

Given the low female representation (2.5% for permanent employees), what strategic initiatives is JBM Auto planning to implement to improve gender diversity in its workforce?

JBM Auto says EV unit exploring fundraising as routine activity

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • JBM Auto states JBM Electric Vehicles is exploring fundraising options
  • Company describes the activity as part of routine corporate operations
  • Clarification follows reports of potential ₹28.5 billion Bain Capital investment
  • No specific deal details confirmed in the latest statement
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JBM Auto has clarified that its subsidiary, JBM Electric Vehicles, is exploring fundraising options as part of its routine corporate activities. This statement addresses recent market reports regarding a potential investment by Bain Capital.

Company clarification

The company’s communication indicates that the exploration of funding avenues for its electric vehicle division is a standard operational procedure rather than confirmation of a specific deal. The clarification serves to manage market expectations following reports of significant institutional interest.

Parameter Details
Entity JBM Auto / JBM Electric Vehicles
Action Exploring fundraising options
Context Routine corporate activity

Previous reports

Earlier reports suggested that Bain Capital was considering an investment of ₹28.5 billion in the electric vehicle division of JBM Auto . The company’s current statement does not confirm or deny the specific involvement of Bain Capital but frames the broader fundraising process as routine.

Historical Stock Returns for JBM Auto

1 Day5 Days1 Month6 Months1 Year5 Years
-2.10%+4.22%-1.30%+16.36%+1.71%+618.62%

How might the valuation of JBM Electric Vehicles be affected if Bain Capital proceeds with the reported ₹28.5 billion investment versus seeking alternative funding sources?

What impact could this potential capital injection have on JBM Auto's timeline for scaling its electric vehicle manufacturing capacity and market share?

Are there other strategic investors or competitors in the Indian EV sector currently vying for stakes in similar automotive subsidiaries?

More News on JBM Auto

1 Year Returns:+1.71%