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Business Standard
30-07-2025
- Automotive
- Business Standard
JBM Auto consolidated net profit rises 10.18% in the June 2025 quarter
Sales rise 9.56% to Rs 1253.88 croreNet profit of JBM Auto rose 10.18% to Rs 36.80 crore in the quarter ended June 2025 as against Rs 33.40 crore during the previous quarter ended June 2024. Sales rose 9.56% to Rs 1253.88 crore in the quarter ended June 2025 as against Rs 1144.50 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 10 OPM %9.5811.38 -PBDT94.5287.70 8 PBT50.5545.03 12 NP36.8033.40 10 Powered by Capital Market - Live News
Time of India
14-07-2025
- Automotive
- Time of India
Civic chief wants design fixes before city gets PM e-buses
Nagpur: Nagpur is set to become the first city in India to receive electric buses under the Centre's PM e-bus seva scheme. However, municipal commissioner Abhijeet Chaudhari has made it clear that the Nagpur Municipal Corporation (NMC) will not accept even a single bus unless key design issues are rectified before delivery. On Monday, Chaudhari, along with additional municipal commissioner Vasumana Pant and other senior officials, inspected a prototype of the new nine-metre, fully air-conditioned electric bus at the NMC headquarters. The prototype is part of the 150 e-buses sanctioned for the city in the current financial year under the PM e-bus seva scheme launched by the Union ministry of housing and urban affairs. During inspection, Chaudhari flagged major shortcomings in the bus's current design, especially regarding accessibility and passenger capacity. While the model includes a hydraulic e-ramp and a side door to accommodate differently-abled passengers, the mechanism reportedly takes 5–10 minutes to operate, potentially causing delays on scheduled routes. Additionally, the ramp's installation has reduced the seating capacity by at least four seats, bringing it down to just 25. Chaudhari has asked the manufacturer, JBM Auto, to increase the seating capacity by at least four seats and lower the height of the bus steps to make boarding easier for senior citizens and differently-abled passengers. He firmly rejected the company's proposal to make these changes post-delivery, stating, "No rectification post-delivery will be accepted." As part of a three-day trial run, the prototype will operate across various city routes to assess real-time functionality. The Centre has also sanctioned infrastructure funding to support the project, including HT and LT electric connections and construction works. Two charging depots — at Khapri and Koradi — are being developed, each with the capacity to charge 75 buses. The Koradi depot is already operational, while work at the Khapri depot is underway. Nagpur currently operates over 400 buses on 129 routes, catering to 1.39 lakh passengers daily. This includes 230 electric buses, 112 diesel buses, 150 midi buses, and 45 minibuses. Of the city's diesel fleet, 123 buses were scrapped, and 70 converted to CNG. To fully modernise its fleet, NMC has submitted a fresh proposal for an additional 240 AC e-buses. The inspection was attended by key stakeholders, including project monitoring unit deputy team leader Ram Paunikar from New Delhi, CIRT's technical head Shekhar Dhole, and senior officials from JBM Auto, including Bharat Bhushan and Kuldeep Gangurde. NMC transport manager Vinod Jadhav and other municipal engineers were also present. PM e-bus seva scheme - Depot allotted: Koradi and Khapri - Type of bus: Midi Buses - Number of buses: 150 Key Features of the bus - Bus length: 9 metres - Eco-friendly air-conditioned electric bus - Fast charging facility - Special hydraulic e-ramp for differently-abled passengers - Seating capacity for 25 passengers - 6 CCTV cameras for passenger safety - Display screens at four locations
Business Upturn
02-07-2025
- Automotive
- Business Upturn
Olectra Greentech, JBM Auto shares in focus as Centre issues tender for 10,900 EV Bus
Shares of Olectra Greentech and JBM Auto are in focus today after the Centre issued a massive tender for 10,900 electric buses under the PM e-Bus Sewa (PM e-Drive) scheme, as per a Moneycontrol report. This move is part of India's push to decarbonise public transport in major urban centres. The tender, issued by Convergence Energy Services Ltd (CESL) on June 27, covers five key cities. Bengaluru leads the allocation with 4,500 buses, followed by Delhi (2,800), Hyderabad (2,000), Ahmedabad (1,000), and Surat (600). This government-backed initiative is being executed under the Gross Cost Contract (GCC) model, where bus operators are compensated based on kilometres run, ensuring long-term revenue visibility for fleet providers and OEMs. The scope includes procurement, supply, operations, and maintenance, along with charging and civil infrastructure development. With bids set to open on August 12, the tender is expected to attract significant interest from leading EV manufacturers like Olectra Greentech and JBM Auto, both of whom are already key players in India's electric bus space. Olectra Greentech shares opened at ₹1,221.00 today, touching a high of ₹1,230.30 and a low of ₹1,202.80. The stock's 52-week high stands at ₹1,960.00, while the 52-week low is ₹989.95. On the other hand, JBM Auto shares opened at ₹656.05, hit a high of ₹657.70, and dropped to a low of ₹642.00 during the session. The stock has a 52-week high of ₹1,169.38 and a low of ₹489.80. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash JBM AutoOlectra Greentech Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
06-06-2025
- Automotive
- Business Standard
JBM auto to enter global e-bus mkt with first launch in Germany next month
The product has been developed based on extensive research that included feedback from potential customers in the European market Puja Das Delhi Listen to This Article JBM Auto, a $3 billion global Indian conglomerate, is preparing to enter the international electric bus (e-bus) market with its first launch of a city bus, Eco-life, in Germany this month, said vice-chairman and managing director Nishant Arya. The launch comes at a time when India and the European Union (EU) are negotiating a free trade agreement (FTA), anticipated to conclude by the end of this year. JBM plans to launch several global products in regions, including North America, South America, Southeast Asia, the Asia Pacific, West Asia, and African countries this year. With entering Germany, the Indian automaker plans to
Mint
19-05-2025
- Automotive
- Mint
Add these five stocks with strong FY26 revenue guidance to your watch list
Earnings season is in full swing on Dalal Street, and investors are busy poring over the FY25 numbers. India Inc has delivered better-than-expected earnings so far for the March 2025 quarter. But beyond the headline numbers, it's the future outlook that's stealing the show. Some companies haven't just wrapped up the year on a strong note, they've also issued upbeat guidance for FY26. For those on the lookout for such companies, here are five stocks that have set the stage for a strong FY26 with upbeat earnings projections. #1 JBM Auto JBM Auto manufactures and sells sheet metal components, tools, dies, and molds. It is also an original equipment manufacturer (OEM) that produces passenger buses. For FY26, JBM Auto aims to generate revenue between ₹6,000 crore and ₹6,500 crore. This target is supported by strong demand in the electric mobility segment, a solid order book, and strategic partnerships, including a recent alliance with Hitachi. This partnership is expected to enhance the analytics and performance of the company's electric vehicle products through Hitachi's global technologies. The UK-India free trade agreement is also expected to unlock new market opportunities for JBM Auto. Also read | Sugar rush: The five sweetest stocks to sample in 2025 In FY25, exports made up just 5% of the company's total sales. However, in FY26, JBM Auto plans to double its export contribution to 10% by tapping markets across Europe, Asia-Pacific, the Middle East and Africa. The company recently reported positive Q4 results. Revenue jumped 11% year-on-year to ₹1,650 crore while net profit jumped 16% year-on-year to ₹72 crore. #2 Adani Ports & SEZ This Adani Group company is the largest port developer and operator in India. It manages 15 ports and 30 terminals on both coasts. These handle 27% of the country's total port cargo, with a combined capacity of 633 million metric tonnes. The company is also expanding its global footprint. It operates the Haifa Port in Israel and Container Terminal 2 at Dar Es Salaam Port in Tanzania. It also has an operation and maintenance contract at Abbot Point in North Queensland, Australia. In FY26 the company expects revenue of ₹36,000-38,000 crore and Ebitda of around ₹21,000-22,000 crore. It has also lined up a capex plan of ₹11,000–12,000 crore. Port cargo volumes are expected to reach 505-515 million metric tonnes (MMT). The company expects trucking revenue to grow 3-4x in FY26 from ₹428 crore in FY25, while marine revenue is projected to double from ₹1,140 crore last year. It is targeting 1,000 MMT of cargo volumes – including 850 MMT of domesticcargo – by 2030, at a compound annual growth rate CAGR) of 15%. The company is also building out its third-party marine business, targeting marine opportunities in the Middle East, Africa & South Asia (MEASA) waters, and expects more than 3x revenue growth by FY29. For the March 2025 quarter, Adani Ports reported a 21.8% year-on-year rise in revenue to ₹8,770 crore. Meanwhile, net profit grew 47.8% year-on-year to ₹3,010 crore. #3 Transformers and Rectifiers India The company manufactures power, furnace, and rectifier transformers for domestic and international markets. It mainly offers transformers ranging from 5 to 500 megavolt-amperes (MVA), including auto, generator step-up, power, trackside traction, and auxiliary transformers. For FY26, the company expects its revenue of ₹2,600 crore, reflecting a strong order pipeline and rising demand. In terms of profitability, it expects Ebitda margin to improve from 14% in FY25 to 17% over the next two years. This margin expansion is expected to come from better operational efficiency, not price hikes. The company has also targeted an order inflow of ₹8,000 crore for FY26. A new manufacturing facility is set to become operational soon, which will add 15,000 MVA to its capacity. With this, the total installed capacity will rise to 55,000 MVA in Q1 FY26. For the March 2025 quarter, the company reported a 32% year-on-year rise in revenue to ₹680 crore, while net profit surged to 125% to ₹94.17 crore. Also read | Hindustan Aeronautics: Here's all you need to know before investing #4 L&T A respected multinational conglomerate that operates in over 50 countries, L&T has over the years entered several businesses, including infrastructure, power, hydrocarbon, metal and minerals, defence, aerospace, information technology (IT), products, systems and equipment, finance, and real estate. For FY26, the company eyes 15% topline growth, supported by strong demand both in India and overseas. It also expects a 10% rise in order inflows, backed by a robust pipeline of ₹7 trillion worth of projects in India and ₹12 trillion overseas. L&T's defence business remains a key focus, with the company highlighting its deep expertise and technological strength. It believes FY26 has started on a solid note, with a healthy pipeline indicating sustained momentum. In FY25, the company clocked a record order inflow of ₹3.6 trillion, up 18% year-on-year. Its total order book grew 22% to ₹5.8 trillion, with nearly half of the orders coming from international markets. With a ₹19 trillion pipeline in sight for FY26, L&T is well-positioned for continued growth. In Q4, revenue jumped 10% year-on-year to ₹74,390 crore, while net profit increased 23% year-on-year to ₹5,010 crore. #5 HCL Technologies HCL Technologies is aleading player in the IT space, known for its strong presence in software development, digital transformation, and cloud services. For FY26, the company has issued revenue growth guidance of 2% to 5% in constant currency terms. It also expects the Ebit margin to remain around 18-19%. This highlights HCL's confidence in navigating the current market challenges while maintaining profitability, supported by a strong focus on cost efficiency and operational discipline. For the March 2025 quarter, revenue grew 6% year-on-year to ₹30,250 crore, while net profit grew 8% year-on-year to ₹4,310 crore. Also read: This Indian pharma company is immune to Trump's new policy. Here's why Conclusion Investing in a company because of its strong revenue guidance for FY26 might seem tempting—but there's more to the story. While upbeat projections do signal confidence and growth potential, it's worth checking if the company delivered on such promises in the past. A solid track record adds weight to any guidance. It also helps to look at the order book. A steady flow of orders, especially from diverse sectors or regions, is a strong sign of future stability. Investors should evaluate the company's fundamentals, corporate governance, and stock valuation before making investment decisions. Happy investing! Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. This article is syndicated from
