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Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of JBM Auto Ltd

About the Company - JBM Auto Ltd

JBM Auto Ltd. is a Public Limited Listed company incorporated on 05/11/1996 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1996PLC083073 and registration number is 083073. Currently Company is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 3168.16 Cr. and Equity Capital is Rs. 23.65 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto Ancl - Others601, Hemkunt Chambers, New Delhi Delhi 110019corp.communications@jbmgroup.com
http://www.jbmgroup.com
Management
NamePosition Held
Mr. Surendra Kumar AryaChairman
Mr. Nishant AryaVice Chairman & Mng.Director
Mr. Dhiraj MohanWhole Time Director
Prof. Valipe Ramgopal RaoIndependent Director
Mr. Praveen Kumar TripathiIndependent Director
Mr. Mahesh Kumar AggarwalIndependent Director
Mrs. Pravin TripathiIndependent Director

Basic Stock Data of JBM Auto Ltd

Last Updated: June 17, 2024, 8:28 pm

Market Cap 24,391 Cr.
Current Price 2,063
High / Low2,428/985
Stock P/E136
Book Value 98.8
Dividend Yield0.06 %
ROCE14.6 %
ROE16.3 %
Face Value 2.00
PEG Ratio8.06

Competitors of JBM Auto Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Munjal Auto Industries Ltd 876 Cr. 87.6115/50.519.3 40.12.27 %14.8 %11.6 % 2.00
Sharda Motor Industries Ltd 5,319 Cr. 1,7891,831/75418.1 3450.96 %42.8 %32.6 % 2.00
PPAP Automotive Ltd 284 Cr. 203295/172 2020.74 %1.48 %4.51 % 10.0
Jay Bharat Maruti Ltd 1,177 Cr. 109144/90.037.5 49.60.64 %9.45 %6.01 % 2.00
Minda Corporation Ltd 10,918 Cr. 457470/27748.0 82.80.26 %15.1 %12.7 % 2.00
Industry Average2,594.31 Cr595.94111.84142.390.69%16.98%15.43%5.63

JBM Auto Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales5917455477538211,0728651,0299531,0109461,2311,346
Expenses5256624926747379577829298479038331,0911,190
Operating Profit658355788511583100106107114140157
OPM %11%11%10%10%10%11%10%10%11%11%12%11%12%
Other Income3435954111234106
Interest14151719192123293835394854
Depreciation21212022242629313238404143
Profit before tax34512042517435504837386066
Tax %35%36%39%40%35%-16%26%28%27%23%21%19%21%
Net Profit22331225338626363528304952
EPS in Rs1.862.771.032.142.807.242.183.062.902.372.553.744.12

Last Updated: June 11, 2024, 2:52 am

JBM Auto Ltd Quarterly Chart

Profit & Loss - Annual Report

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales9671,1711,3641,5571,5181,5011,6332,2071,9471,9823,1933,8574,533
Expenses8561,0381,2091,3661,3281,3361,4291,9491,7171,7842,8603,4594,016
Operating Profit112133155191190165204258230198333398517
OPM %12%11%11%12%13%11%12%12%12%10%10%10%11%
Other Income646663524271612212723
Interest3943363553534959645576126176
Depreciation3033404059505675747691130162
Profit before tax486084122859712415010878187170201
Tax %33%37%32%24%26%26%34%35%36%37%16%26%
Net Profit32385793637281986949156125160
EPS in Rs2.543.204.927.495.147.056.919.625.864.1713.2110.5212.78
Dividend Payout %6%10%6%13%14%11%12%9%12%14%8%12%

JBM Auto Ltd Profit & Loss Yearly Chart

JBM Auto Ltd Growth

Compounded Sales Growth
10 Years:14%
5 Years:18%
3 Years:36%
TTM:30%
Compounded Profit Growth
10 Years:14%
5 Years:13%
3 Years:53%
TTM:44%
Stock Price CAGR
10 Years:56%
5 Years:83%
3 Years:130%
1 Year:161%
Return on Equity
10 Years:15%
5 Years:13%
3 Years:16%
Last Year:16%

Last Updated: June 2, 2024, 9:39 pm

JBM Auto Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10101020202020202424242424
Reserves1301592272803233363976256807228731,0061,042
Preference Capital551010100000000
Borrowings3473753134925265225737816278451,3881,7032,055
Other Liabilities3183355064616494714455806788739448051,074
Total Liabilities8058791,0551,2541,5191,3501,4352,0062,0092,4643,2293,5384,195
Fixed Assets3464114706927115835588348619301,2131,5401,779
CWIP32407912273563709030018026851
Investments13131316167691485454497474
Other Assets4154154945347646567231,0541,0041,1791,7881,6552,292
Total Assets8058791,0551,2541,5191,3501,4352,0062,0092,4643,2293,5384,195

JBM Auto Ltd Reserves and Borrowings Chart

JBM Auto Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 921172036614511969152370216-142484
Cash from Investing Activity -86-96-131-200-116-65-61-190-123-363-295-646
Cash from Financing Activity -10-23-70138-34-57-846-236140454159
Net Cash Flow-3-224-4-4-0911-716-2

JBM Auto Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days7164645470757910193916644
Inventory Days6757595910375756880966657
Days Payable6669837313911182971081549059
Cash Conversion Cycle735140403439727365334343
Working Capital Days39225354047679154649579
ROCE %17%18%20%21%15%15%17%17%12%9%14%12%

JBM Auto Ltd Financial Efficiency Indicators Chart

JBM Auto Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters67.54%67.54%67.54%67.54%67.54%67.53%67.53%67.53%67.53%67.53%67.53%67.53%
FIIs0.89%0.89%0.89%0.93%1.20%1.25%1.31%1.24%1.37%1.66%1.73%2.52%
DIIs0.01%0.01%0.01%0.01%0.01%0.00%0.00%0.00%0.02%0.05%0.02%0.03%
Public31.56%31.56%31.56%31.52%31.26%31.22%31.16%31.23%31.08%30.76%30.72%29.91%
No. of Shareholders17,70819,09220,09023,33733,87152,92853,46256,41351,76048,20154,66790,389

JBM Auto Ltd Shareholding Pattern Chart

No. of JBM Auto Ltd Shareholders

JBM Auto Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Nifty Smallcap 250 Index Fund11,2740.171.42,8402024-06-16296.97%
Motilal Oswal Nifty Smallcap 250 Index Fund6,8880.170.862,8402024-06-16142.54%
Axis Nifty Smallcap 50 Index Fund6,6960.520.832,8402024-06-16135.77%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund5,3950.520.672,8402024-06-1689.96%
SBI Nifty Smallcap 250 Index Fund5,3850.170.672,8402024-06-1689.61%
ICICI Prudential Nifty Smallcap 250 Index Fund2,8400.170.352,8402024-06-160%
HDFC NIFTY Smallcap 250 ETF1,4510.170.182,8402024-06-16-48.91%
Kotak Nifty Smallcap 50 Index1,4210.510.182,8402024-06-16-49.96%
HDFC Nifty Smallcap 250 Index Fund1,1900.170.152,8402024-06-16-58.1%
Motilal Oswal Nifty 500 Index Fund7490.020.092,8402024-06-16-73.63%

JBM Auto Ltd ROCE Trend

JBM Auto Ltd EPS Trend

JBM Auto Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.005.005.00
Basic EPS (Rs.)15.1210.5813.2310.4214.63
Diluted EPS (Rs.)15.1210.5813.2310.4214.63
Cash EPS (Rs.)30.0321.5821.8027.9030.21
Book Value[Excl.RevalReserv]/Share (Rs.)100.8186.9575.59157.64148.74
Book Value[Incl.RevalReserv]/Share (Rs.)100.8186.9575.59157.64148.74
Revenue From Operations / Share (Rs.)423.62326.21270.03419.05411.58
PBDIT / Share (Rs.)51.1035.9630.8045.6951.92
PBIT / Share (Rs.)36.6024.9423.0629.6836.31
PBT / Share (Rs.)19.9614.3116.6617.9722.72
Net Profit / Share (Rs.)15.5310.5614.0711.8914.60
NP After MI And SOA / Share (Rs.)15.1210.5213.2110.4214.63
PBDIT Margin (%)12.0611.0211.4010.9012.61
PBIT Margin (%)8.637.648.547.088.82
PBT Margin (%)4.714.386.164.285.52
Net Profit Margin (%)3.663.235.202.833.54
NP After MI And SOA Margin (%)3.563.224.892.483.55
Return on Networth / Equity (%)15.3112.1117.486.619.83
Return on Capital Employeed (%)21.1616.3718.1112.8517.01
Return On Assets (%)3.673.514.832.003.44
Long Term Debt / Equity (X)0.570.610.530.300.27
Total Debt / Equity (X)1.801.631.530.950.77
Asset Turnover Ratio (%)1.191.191.180.880.97
Current Ratio (X)0.930.900.980.810.96
Quick Ratio (X)0.660.660.740.550.66
Inventory Turnover Ratio (X)6.466.685.974.334.77
Dividend Payout Ratio (NP) (%)0.009.504.5416.7815.98
Dividend Payout Ratio (CP) (%)0.004.642.866.627.73
Earning Retention Ratio (%)0.0090.5095.4683.2284.02
Cash Earning Retention Ratio (%)0.0095.3697.1493.3892.27
Interest Coverage Ratio (X)3.073.384.813.903.82
Interest Coverage Ratio (Post Tax) (X)1.931.993.202.022.07
Enterprise Value (Cr.)23395.699254.856507.252679.681177.77
EV / Net Operating Revenue (X)4.672.402.041.350.60
EV / EBITDA (X)38.7221.7617.8712.404.80
MarketCap / Net Operating Revenue (X)4.261.981.621.000.33
Retention Ratios (%)0.0090.4995.4583.2184.01
Price / BV (X)18.277.425.792.670.93
Price / Net Operating Revenue (X)4.261.981.621.000.33
EarningsYield0.010.010.030.020.10

JBM Auto Ltd Profitability Ratios (%)

JBM Auto Ltd Liquidity Ratios

JBM Auto Ltd Liquidity Ratios (%)

JBM Auto Ltd Interest Coverage Ratios (%)

JBM Auto Ltd Valuation Ratios

Fair Value

Fair Value: 2,191.51

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 6.23% compared to the current price 2063

Intrinsic Value: 2,561.36

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 24.16% compared to the current price ₹2063

Last 5 Year EPS CAGR: 16.88%

*Investments are subject to market risks

Strength and Weakness of JBM Auto Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 15.58%, which is a positive sign.
  2. The company has higher reserves (523.08 cr) compared to borrowings (3.08 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (75.92 cr) and profit (116.46 cr) over the years.
  1. The stock has a high average Working Capital Days of 53.17, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 50.50, which may not be favorable.

FAQ

What is the latest fair value of JBM Auto Ltd?

The latest fair value of JBM Auto Ltd is ₹2191.51.

What is the Market Cap of JBM Auto Ltd?

The Market Cap of JBM Auto Ltd is 24,391 Cr..

What is the current Stock Price of JBM Auto Ltd as on 19 June 2024?

The current stock price of JBM Auto Ltd as on 19 June 2024 is ₹2,063.

What is the High / Low of JBM Auto Ltd stocks in FY 2024?

In FY 2024, the High / Low of JBM Auto Ltd stocks is 2,428/985.

What is the Stock P/E of JBM Auto Ltd?

The Stock P/E of JBM Auto Ltd is 136.

What is the Book Value of JBM Auto Ltd?

The Book Value of JBM Auto Ltd is 98.8.

What is the Dividend Yield of JBM Auto Ltd?

The Dividend Yield of JBM Auto Ltd is 0.06 %.

What is the ROCE of JBM Auto Ltd?

The ROCE of JBM Auto Ltd is 14.6 %.

What is the ROE of JBM Auto Ltd?

The ROE of JBM Auto Ltd is 16.3 %.

What is the Face Value of JBM Auto Ltd?

The Face Value of JBM Auto Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in JBM Auto Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE