JBM Auto Ltd

JBM Auto will hold a meeting of the Board of Directors of the Company on 30 July 2026.

JBM Ecolife Mobility (JBM Eco), a subsidiary/joint venture of JBM Auto, has incorporated a company on 15 July 2026 in the name of Greenpath Mobility Ventures (GMVPL). The GMVPL is a wholly owned subsidiary of JBM Eco. Further, the Company has received the Certificate of Incorporation on 15 July 2026 at 10:30 PM from Ministry of Corporate Affairs (MCA).

The buses will be delivered in phases over the next one year and will be equipped with advanced technology and features aimed at providing a safe, comfortable and eco-friendly travel experience. The initial deployment will focus on luxury intercity coach operations across India. Under the partnership, Drivn will offer fleet operators an integrated solution comprising long-term vehicle financing, maintenance and charging infrastructure, enabling them to adopt electric buses without significant upfront capital expenditure. The companies also plan to explore opportunities in other mobility segments, including school transportation, employee mobility and airport transit services. JBM EV said the partnership marks another step in its efforts to promote green public mobility and decarbonisation in line with its Net Zero 2040 commitment. JBM Electric Vehicles is a global electric bus manufacturer and an electric mobility ecosystem company. JBM electric buses introduced in 2018, have disrupted the green public transportation space across the world. The company has deployed over 3500 e-buses, and this number is slated to grow to more than 5000 e-buses in the next one year. Under the company's 3 bn e-kms promise, JBM electric buses have already clocked 450 million e-kms, having served 1.5 bn bus commuters across the world. This collaboration between JBM Electric Vehicles and Drivn is a testament to the growing momentum in the adoption of electric vehicles in India. Both companies are dedicated to driving the future of sustainable transportation and are committed to bring cleaner and more efficient travel options to the public. Nishant Arya, Chairman, JBM Electric Vehicles, said, 'India witnessed a growth of 40% in e-bus registrations in H1 CY2026 with 2,944 bus registrations across various states under the PM E-Bus Sewa and PM E-Drive schemes. This partnership with Drivn comes in at an opportune time aptly complimenting the growing momentum in India's e-bus deployment. At JBMEV, we believe that the transition to clean mobility must be both scalable and financially viable. By integrating our advanced electric bus technology with Drivn's innovative leasing and financing platform, this partnership is designed to unlock scalable adoption of e-mobility by addressing capital barriers and enabling a more sustainable, asset-light transition for fleet operators, corporates amongst others. This collaboration reinforces our commitment to building a future-ready, zero-emission mobility ecosystem while advancing India's decarbonisation agenda.' Alpna Jain, Co-founder and Chief Business Officer, Drivn, said, Commercial fleet electrification requires an ecosystem that makes the transition both operationally seamless and financially viable. Our partnership with JBM Electric Vehicles combines technology leadership, EV ecosystem solutions and manufacturing excellence with an integrated leasing model to help fleet operators adopt electric buses with greater ease and confidence. By bringing together financing, fleet support and charging solutions, we are building a scalable pathway for accelerating commercial EV adoption across India. JBM Auto manufactures and sells sheet metal components, tools, dies & moulds and buses, including the sale of spare parts, accessories & maintenance contracts for buses. The company's consolidated net profit jumped 11.91% to Rs 74.24 crore on a 12.55% increase in revenue from operations to Rs 1852.27 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live

JBM Electric Vehicles (JBMEV) has signed an MoU with Drivn, an electric commercial vehicle leasing platform for supplying 500 ultra-modern electric luxury buses. This is yet another step by the company towards fostering innovation in green public mobility and decarbonisation aligned with the company's Net Zero 2040 commitment. Under the terms of the agreement, JBM EV will deliver 500 electric buses equipped with advanced technology and features designed to provide a comfortable, safe and eco-friendly travel experience for passengers. The deployment of these e-buses has been planned in phases over the next one year. The initial rollout will focus on luxury intercity coaches with fleet operators across India, supported through an integrated offering that includes long-term vehicle financing, maintenance and charging infrastructure solutions. The model enables fleet operators to transition to electric buses without significant upfront capital investment, while simplifying vehicle ownership and lifecycle management. Both companies will also explore opportunities in other segments such as school transportation, employee mobility and airport transit services.

JBM Electric Vehicles (JBM EV) launched the next generation 'GALAXY' electric luxury coach at Prawaas 5.0 yesterday. JBM EV is part of JBM Auto, the flagship company of the $3.3 bn global Indian conglomerate, JBM Group. The new 'GALAXY' Coach showcases 22 Maharaja reclining seats + 20 plush sleeper berths with an onboard washroom. JBM Galaxy is also available in another seat configuration offering 24 Maharaja reclining seats + 20 plush sleeper berths (without washroom). It also offers the highest seating capacity in its segment paired with highest luggage space, a combination designed to strengthen operator revenue potential and passenger convenience on longer routes. With this launch, JBM GALAXY coach will be available in 3 variants i.e. seater, sleeper & seater and sleeper. Speaking on the occasion, Nishant Arya, Chairman, JBM Electric Vehicles, said, 'The next generation GALAXY has been developed to meet the evolving expectations of premium inter-city travel with a shamer focus on luxury, utility and business efficiency. It reflects our commitment to creating electric mobility solutions that are sophisticated in design, practical in operation and aligned with the future of sustainable transportation.'

The investment will provide growth capital to accelerate JBM Ecolife's electric bus deployment and strengthen sustainable public transportation infrastructure across India. According to the company, the transaction marks a core milestone for MO Alternates' sustainability-focused investment strategy and supports the expansion of zero-emission public transport fleets operating under long-term agreements with state transport authorities. JBM Auto stated that the funding represents the largest investment by an Indian investor in the electric mobility sector to date. The capital infusion will be utilised for the rollout of high-capacity, energy-efficient electric buses aimed at replacing conventional diesel fleets, reducing urban air pollution, and supporting India's long-term net-zero objectives. EY acted as the exclusive financial advisor to JBM Ecolife for the transaction, while Trilegal and Khaitan & Co. served as legal advisors. Nishant Arya, Vice Chairman & MD, JBM Auto, said, 'We are delighted to partner with Motilal Oswal as we enter our next phase of transformative growth at JBM Ecolife. With our market leadership in the electric bus market in India in FY26, this strategic partnership will act as a major catalyst towards further scaling our e-bus deployment to various states, delivering cleaner air and modernized public commuting experiences across urban centres. 'India is currently the third-largest electric bus market in the world, undergoing a historic shift in public transport infrastructure toward electrification. From the current 3400 JBM e-buses deployed pan-India, we will have 5000 e-buses on roads in the next 12 months. Our proven integration of fleet management systems with advanced engineering uniquely positions us to lead this transition with enhanced agility and scale, Arya further added. Rakshat Kapoor, Head of Private Credit at MO Alternates, said, India's green energy mandate and urban mobility imperative are converging to create a structural investment opportunity of significant scale, and JBM Ecolife stands as its most credible institutional expression. JBM's long-term concession structures offer predictable, contract-backed cash flows, which is precisely the architecture that makes for compelling private credit investments.' Rakshat Kapoor added, 'At MO Alternates, we back sector champions with disciplined capital solutions tailored to unlock significant scale. JBM's commanding market presence, execution capabilities, and policy tailwinds make them the ideal platform to institutionalise green mobility infrastructure in India. Our Rs 750 crore commitment is a high-conviction allocation, and we look forward to working alongside the JBM leadership to generate sustainable value for our investors and the environment. JBM Auto manufactures and sells sheet metal components, tools, dies & moulds and buses, including the sale of spare parts, accessories & maintenance contracts for buses. The company's consolidated net profit jumped 11.91% to Rs 74.24 crore on a 12.55% increase in revenue from operations to Rs 1852.27 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live

JBM ECOLIFE Mobility (P) Ltd. India, (JBM Ecolife), part of JBM Auto,  has successfully secured a Rs 750 crore long term strategic investment from Motilal Oswal Alternates (MO Alternates), the alternative investment arm of Motilal Oswal Group. MO Alternates is leading this investment, providing growth capital to scale JBM Ecolife's electric bus deployment and advance sustainable public transit infrastructure across India. The transaction represents a core milestone for MO Alternates' sustainability-focused investment allocation, mirroring scaled global private equity models by backing dominant green mobility platforms. The growth capital will enable the operation and rolling deployment of advanced, zero-emission public transport fleets operating under long-term agreements with state transport authorities across key Indian cities. This is the largest ever investment by any Indian investor till date in electric mobility. EY acted as the exclusive financial advisor to JBM Ecolife while Trilegal and Khaitan & Co. were the legal advisors for this transaction. This capital infusion will be channelised towards the rollout of state of the art, high- capacity, energy-efficient e-buses, providing alternative transit options that help replace traditional diesel fleets, reduce urban air pollution and align with India's long-term net-zero targets.

The company said that it has retained its market leadership after having posted highest electric bus registrations in FY26 and now registering a staggering 49% share in May 2026 compared with 33% in April 2026, reflecting strong execution and growing adoption of its electric mobility solution The company operates the world's largest dedicated integrated electric bus manufacturing facility (outside China), with an annual capacity of 20,000 buses, based in the NCR region. Its electric buses have collectively clocked over 400 million e-kilometres till date. Nishant Arya, vice chairman and managing director, JBM Auto, said, Our growth reflects a clear focus on decarbonising public transport while aligning with global benchmarks in sustainable mobility. At JBM Auto, we are building solutions that combine innovation, efficiency, and user-centric design. Our aim is not only to reduce emissions, but also to enhance everyday mobility by making it smarter, safer, and more accessible. JBM Auto manufactures and sell sheet metal components, tools, dies & molds and buses including sale of spare parts, accessories & maintenance contract of Buses. The company's consolidated net profit jumped 11.91% to Rs 74.24 crore on 12.55% increase in revenue from operations to Rs 1852.27 crore in Q4 FY26 over Q4 FY25.Powered by Capital Market - Live

JBM Auto announced that the Board of Directors of the Company at its meeting held on 11 May 2026, inter alia, have recommended the final dividend of Rs 0.85 per equity Share (i.e. 85%) , subject to the approval of the shareholders.

Net profit of JBM Auto rose 11.91% to Rs 74.24 crore in the quarter ended March 2026 as against Rs 66.34 crore during the previous quarter ended March 2025. Sales rose 12.55% to Rs 1852.27 crore in the quarter ended March 2026 as against Rs 1645.70 crore during the previous quarter ended March 2025. For the full year,net profit rose 8.36% to Rs 218.78 crore in the year ended March 2026 as against Rs 201.91 crore during the previous year ended March 2025. Sales rose 11.26% to Rs 6088.37 crore in the year ended March 2026 as against Rs 5472.33 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1852.271645.70 13 6088.375472.33 11 OPM %12.3711.24 -11.0611.72 - PBDT151.13134.64 12 493.84447.92 10 PBT107.9490.49 19 319.97273.19 17 NP74.2466.34 12 218.78201.91 8 Powered by Capital Market - Live