JBM Auto Ltd.

NSE: JBMA | BSE: 532605 | ISIN: INE927D01051 | Industry: Auto Parts & Equipment
| Expensive Performer
606.6000 -13.30 (-2.15%)
NSE Apr 04, 2025 15:31 PM
Volume: 314.4K
 

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JBM Auto Ltd.
07 Aug 2018
606.60
-2.15%
HDFC Securities
We value stock at Rs. 560 (18x FY20E EPS) and maintain BUY. JBMA recorded strong PAT growth(+26% YoY, +40% including amalgamation effect) led by jump in JVs (JBM MA Automotive ltd) profit driven by new business of Jeep compass(Fiat) and Yaris (Toyota). Consolidated Revenue (Standalone+JBMAS) rose 11% to Rs. 4.2bn led by strong growth in tool room division (+225%YoY) marginally offset by muted growth in sheet metal component division (+5% YoY). EBITDA grew 10% YoY to Rs 513mn with margin at 12.2%(-21bps YoY) impacted by fall in revenue from FORD in sheet metal division.
JBM Auto Ltd. is trading above its 30 day SMA of 568.4
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