JBM Auto Ltd Stock Analysis

BSE: 532605 | NSE: JBMA | Auto Ancillary | Mid Cap

BSE Share Price Jan 27, 18:01
1502.40 14.25 (0.96%)

DeciZen - Make an Informed Decision on JBM Auto

Overall Rating
See How?

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

FAQ's

1. Is JBM Auto Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that JBM Auto Ltd is a below average quality company.

2. Is JBM Auto Ltd undervalued or overvalued?

The key valuation ratios of JBM Auto Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is JBM Auto Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of JBM Auto Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of JBM Auto:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
JBM Auto Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 10.3%11.3%12.6%13.5%9.9%10%10.4%11.3%8.3%6.2%-
Value Creation Index -0.3-0.2-0.1-0.0-0.3-0.3-0.3-0.2-0.4-0.6-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 9671,1711,3641,5571,5181,5011,6332,2071,9471,9822,635
YoY Gr. Rt. %-21.1%16.5%14.2%-2.5%-1.1%8.8%35.2%-11.8%1.8%-
Adj EPS 5.9812.418.51314.217.324.214.71119.5
YoY Gr. Rt. %-36.6%54.1%49.7%-30%9.4%21.6%40.4%-39.5%-25%-
BVPS (₹) 34.341.458.273.784.287.4102.3158.2148.7157.6164
Adj Net Profit 2432.850.575.652.957.970.498.869.35292
Cash Flow from Ops. 92.411720366.414511969.2152370216-
Debt/CF from Ops. 3.83.21.57.43.64.48.35.11.73.9-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 8.3%5.5%6.7%1.8%
Adj EPS 7.2%-3.2%-13.9%-25%
BVPS 18.513.415.56
Share Price 58.5% 42.5% 77.1% 299.8%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 18.120.62427.115.916.318.218.610.37.212.1
Op. Profit Mgn % 11.711.411.412.312.61112.511.711.910.510.8
Net Profit Mgn % 3.13.34.25.94.23.74.14.43.633.5
Debt to Equity 2.42.21.31.61.51.51.41.20.91.10.5
Working Cap Days 126113106105136152149146190197160
Cash Conv. Cycle 464029252324496275540

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.10%

Sales growth is good in last 4 quarters at 113.09%

Sales growth has been subdued in last 3 years 6.67%

Net Profit has been subdued in last 3 years -13.93%

Debt to equity has increased versus last 3 years average to 1.13

Latest Financials - JBM Auto Ltd.

Standalone Consolidated
TTM EPS (₹) 19.8 19.5
TTM Sales (₹ Cr.) 2,621 2,635
BVPS (₹.) 163.7 164
Reserves (₹ Cr.) 750 752
P/BV 9.09 9.05
PE 75.27 76.17
From the Market
52 Week Low / High (₹) 331.30 / 1689.95
All Time Low / High (₹) 3.58 / 1689.95
Market Cap (₹ Cr.) 7,039
Equity (₹ Cr.) 23.7
Face Value (₹) 5
Industry PE 39.4

Management X-Ray of JBM Auto :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About JBM Auto Ltd

JBM Auto company was originally set up in the year 1990, mainly to manufacture Tools, Dies and Moulds at Faridabad. In the year 1993 the Company established a Press Shop for manufacturing of Sheet Metal Components and Welded Sub-assemblies to meet the growing stringent quality requirements of automobile industry. The company went for its first public issue in March, 1994.

JBM Auto is JBM Group company, JBM Group created a new meaning for excellence in manufacturing of Sheet Metal Parts and Welded Assemblies, Exhaust Systems, Axles, High Tensile Fasteners, Tubes, Special Purpose Vehicles and Waste Management Services. The Group has embraced international systems and processes, implementing them at all levels, in every unit, and across all parameters. This has resulted in prestigious certifications from global institutions. The Group companies have consistently met and surpassed world-class standards, while accumulating a wealth of knowledge and expertise in the industry.

The other JBM Group companies are:

  • Arcelor Neel Tailored Blank Pvt. Ltd.
  • Indo Toolings
  • Jaico Steel Fasteners Ltd.
  • Jay Bharat Exhaust System Ltd.
  •  Jay Bharat Maruti Ltd.
  • JBM Auto Ltd.
  • JBM Industries Ltd.
  • JBMMA Automotive Pvt. Ltd.
  • JBM Ogihara Automotive India Ltd.
  • Neel Industries Pvt. Ltd.
  • Neel Metal Fanalca Environment Management Pvt.Ltd.
  • Neel Metal Products Ltd.
  • Thai Summit Neel Auto Pvt. Ltd.
  • ThyssenKrupp JBM Pvt. Ltd.

Product range of the company includes:

The Company’s principal activity is to manufacture and market automotive components. It operates in three segments namely Sheet Metal Division, Special Purpoes Vechile Division and Tool Room Division. The Sheet Metal Division manufactures sheet metal components, assemblies and sub assemblies. The Special Purpoes Vechile Division develops and assembly special purpose vehicle and tool room division manufactures tool, dies and moulds.

Achievements/ recognition:

  • Outstanding Performance in development JBMA by Honda Siel Cars India Ltd. 2007 
  • ECO supplier certification JBMA by Samsung India 2005 
  • Appreciation certificate JBMA by Delphi 2005 
  • Award for outstanding contribution to supply chain management JBMA by Eicher Motors 2004 
  • New City launch - Special award JBMA by HSCIL 2003 
  • Award for outstanding contribution to parts development for sheet metal component group JBMA by Eicher Motors 2002 
  • Certificate of appreciation for performance in category of cost JBMA by HSCIL 2002 
  • Certificate of appreciation for performance in category of quality JBMA by HSCIL 2001 
  • Best improvement award for quality JBMA by HSCIL 2000 
  • Appreciation of the contribution towards TVS - Spectra JBMA by TVS - Suzuki 1998 
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