Rattibha

🌟 The Company is a proxy Player EV Buses and EV Charging infrastructure🔋⚡
👉In the Recently Concluded Budget Adoption of e-buses for public transport network was the main Core Focus.
👉 And as well Strengthening e-vehicle ecosystem by supporting manufacturing and charging
✨ Detailed Company Analysis👇.

👉JBM Auto Ltd Business overview
Incorporated in 1983, JBM Auto Ltd is in automotive business that manufactures and sells sheet metal components, tools, dies & moulds, and buses including sale of spare parts, accessories and maintenance contract for Buses

👉 Revenue split
⭐Auto Components:70%
⭐Engineering Services:30%

👉Key projects
⭐Electric Vehicles (EVs)
⭐Supply of 5,000 electric buses
⭐Charging infrastructure

👉 Product portfolio
⭐Auto Components & Systems
⭐Electric Vehicles (EVs)
⭐EV Aggregates
⭐EV Charging Infrastructure

👉New projects
⭐Expansion of electric bus production
⭐Development of hydrogen fuel cell buses
⭐Investment in charging infrastructure
⭐foray into the three-wheeler electric vehicle segment

👉Client base
⭐Major Indian OEMs
⭐Global Commercial Vehicle Manufacturers
⭐Electric Vehicle Companies

👉Market share
JBM Auto Ltd's market share is estimated to be around 1.4% as of the latest available data.

👉Total project order book
JBM Auto's total project order book as of February 2, 2024, is estimated to be around ₹15,000 crores

👉 Distribution network
⭐Direct sales: JBM Auto Ltd sells its products directly to large OEMs
⭐Indirect sales: JBM Auto Ltd also sells its products through a network of over 100 dealers and distributors

👉 Manufacturing facilities
⭐Faridabad, Haryana: This facility manufactures chassis frames, suspension systems, pedal boxes, and other critical components for passenger cars and commercial vehicles.
⭐Pune, Maharashtra: This facility manufactures front-end modules, cockpits, and other sheet metal components for passenger cars and commercial vehicles
⭐Manesar, Haryana: This facility manufactures BIW (Body-in-White) assemblies for passenger cars.
⭐Cherkpalli, Telangana: This facility manufactures steering systems for passenger cars and commercial vehicles.

👉 Competitive advantage
⭐Strong product portfolio
⭐Established relationships with major OEMs
⭐Focus on innovation
⭐Commitment to sustainability

👉 Strengths
⭐Diversified product portfolio
⭐Strong customer base
⭐Vertically integrated operations
⭐Focus on innovation

👉 Challenges
⭐Competition
⭐Economic slowdown
⭐Rising input costs
⭐Technological disruption

👉 Financial performance in Q3 FY23
⭐Revenue:Increased by 15.8% to Rs. 962.12 crore compared to Rs. 829.88 crore.
⭐Net Profit:Grew by 133.3% to Rs. 34.33 crore compared to a loss of Rs. 16.32 crore.

👉 Management guidance
⭐Technology and innovation
⭐Sustainability
⭐Stakeholder value

👉 Growth strategies
⭐Electric Vehicles (EVs)
⭐Focus on Innovation
⭐Increased Capacity
⭐Talent Acquisition

👉 Future initiatives
⭐Expanding its electric vehicle (EV) business
⭐Entering the passenger car EV market
⭐Expanding its international presence
⭐Focusing on innovation

👉 Fundamental ratios
⚡Market Cap : ₹ 23,042 Cr.
⚡Current Price : ₹ 1,949
⚡Stock P/E : 152
⚡ROE : 12.9 %
⚡OPM : 11.4 %
⚡ROCE : 11.8 %
⚡Qtr Profit Var : 41.7 %
⚡Qtr Sales Var : 41.2 %
⚡ROIC : 8.99 %