JBM Auto targets ₹7,000–7,500 crore FY27 revenue, with EVs seen contributing about 45%
AI Market Summary
JBM Auto guided to FY27 revenue of ₹7,000–7,500 crore with ~45% from EVs, supported by a 9,000+ electric bus order book and improving profitability visibility. Q1FY27 results showed 15% revenue growth and 16% profit growth, though margins were pressured by raw materials with recovery expected in H2. The update reinforces accelerating electrification execution and disciplined leverage management, a positive company-specific fundamental signal.
Impact level
● Low
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JBM Auto has set FY27 guidance of ₹7,000–7,500 crore in revenue, with nearly 45% expected to come from its electric-vehicle business. The company said its electric-bus order book stands at more than 9,000 units. In Q1FY27, revenue rose 15% year on year to ₹1,442 crore and net profit increased 16% to ₹42.4 crore. The company expects EBITDA margins to hold at last year’s levels, with pressure from raw material costs easing in the second half of the year, according to CNBCTV18.
