JBM Auto Limited , a leading automotive component manufacturer, has announced the reappointment of Mr. Dhiraj Mohan as Executive & Whole Time Director for a two-year term, along with its financial results for the first quarter. Additionally, the company has reconstituted its Audit Committee.

Board Reappointment

The Board of Directors of JBM Auto has reappointed Mr. Dhiraj Mohan as Executive & Whole Time Director for a two-year term, effective from November 5, 2025, subject to shareholder approval. The decision was based on the recommendation of the Nomination & Remuneration Committee.

Mr. Mohan, 63, holds a Bachelor of Engineering (Mechanical) from Birla Institute of Technology and an MBA from Delhi University. With nearly four decades of experience in the automotive industry, he has been serving as Whole Time Director since November 5, 2022. His expertise includes leading strategic business missions and successfully implementing various greenfield and brownfield projects.

Q1 Financial Highlights

JBM Auto has reported its unaudited financial results for the first quarter:

The company's consolidated revenue from operations increased by 9.56% year-over-year to ₹1,253.88 crores. The net profit after tax saw a significant rise of 16.40%, reaching ₹39.04 crores compared to ₹33.54 crores in the same quarter of the previous year.

Segment Performance

JBM Auto's segment-wise revenue for the quarter is as follows:

1. Component Division: ₹773.91 crores
2. Tool Room Division: ₹87.13 crores
3. OEM Division: ₹394.31 crores

The Component Division remained the largest contributor to the company's revenue, followed by the OEM Division and the Tool Room Division.

Future Outlook

In a significant development, the Board of Directors has approved a proposal for the issuance of securities for an amount not exceeding ₹1,500 crores, subject to shareholder approval at the upcoming Annual General Meeting. This move indicates the company's plans for potential expansion or capital investment in the near future.

JBM Auto continues to maintain a strong position in the automotive component manufacturing sector, with its diversified business segments contributing to overall growth. The company's focus on electric vehicles and green mobility solutions, as evident from its subsidiaries and joint ventures in the EV space, aligns with the industry's shift towards sustainable transportation.

Audit Committee Reconstitution

JBM Auto Limited has reconstituted its Audit Committee effective July 30, 2025. The company appointed Mr. Valipe Ramgopal Rao as a new Independent Director member with immediate effect. The reconstituted Audit Committee comprises:

• Mrs. Pravin Tripathi as Chairperson and Independent Director
• Mr. Praveen Kumar Tripathi as Member and Independent Director
• Mr. Dhiraj Mohan as Member and Whole-time Director
• Mr. Valipe Ramgopal Rao as Member and Independent Director

The decision was made during the Board of Directors meeting held on July 30, 2025.

As the automotive industry evolves, JBM Auto's strategic appointments, financial performance, and corporate governance measures suggest that the company is well-positioned to capitalize on emerging opportunities in the sector.

JBM Auto Limited , a leading automotive component manufacturer, has released its financial results for the first quarter, showcasing growth in revenue and a strategic move to raise capital.

Financial Highlights

JBM Auto reported a robust performance in Q1:

The company's standalone revenue saw a significant increase of 17.1% year-over-year, rising from Rs 1054.39 crore to Rs 1234.34 crore. However, standalone net profit experienced a slight dip of 5.4%, decreasing from Rs 33.92 crore to Rs 32.10 crore.

On a consolidated basis, JBM Auto's performance was more positive. The revenue from operations grew by 9.6% to Rs 1253.88 crore, up from Rs 1144.50 crore in the same quarter last year. Notably, the consolidated net profit attributable to owners increased by 10.2%, reaching Rs 36.80 crore compared to Rs 33.40 crore.

Segment-wise Performance

JBM Auto operates through three main segments:

1. Component Division: Generated revenue of Rs 773.91 crore
2. OEM Division: Reported revenue of Rs 394.31 crore
3. Tool Room Division: Contributed Rs 87.13 crore to the total revenue

Proposed Securities Issuance

In a significant development, JBM Auto's Board of Directors has approved a proposal to issue securities worth up to Rs 1,500 crore. This decision is subject to shareholder approval at the upcoming Annual General Meeting. The move indicates the company's intent to strengthen its financial position and potentially fund future growth initiatives.

Management Commentary

The company's management expressed satisfaction with the Q1 results, highlighting the growth in consolidated revenue and profit. They emphasized the strong performance across all three business segments and the strategic importance of the proposed securities issuance in supporting the company's long-term objectives.

Conclusion

JBM Auto's Q1 results demonstrate the company's resilience and growth potential in the automotive sector. The proposed Rs 1,500 crore securities issuance underscores the management's confidence in the company's future prospects and their commitment to driving shareholder value. Investors and industry observers will be keenly watching how JBM Auto utilizes this potential capital infusion to fuel its next phase of growth in the dynamic automotive market.