JBM Auto Ltd Stock Research

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JBM Auto Ltd Detail

JBM Auto Ltd is in portfolio of Anil Kumar Goel. He is one of the top investors in India. The company belongs to Auto Parts sector.

As per the Company website it is part of JBM Group. The Group has a diversified portfolio with presence in multiple domains such as Automotive, Engineering & Design services, Renewable energy, Railways and OEM.

It currently has an infrastructure of 40 manufacturing plants, 4 Engineering & Design centres across 18 locations globally. The different business groups of the Company are

  • Auto Components
    • 4 wheeler – Front door, Rear door, Tail gate, Exhaust, Banjo beam
    • 2 and 3 wheeler – Cover side body, Exhaust, Fuel tank assembly, Swing arm
    • Commercial Vehicle, Farm equipment – Cross member, Cabin assembly, Hydraulic tank
    • Contract Manufacturing
  • JBM Buses mainly Citylife diesel, Citylife CNG and Ecolife electrical
  • Railways – Bio retention tank, Coach doors, Bogie frame assembly
  • Engineering and Design services
  • Renewable Energy – Rooftop and Ground mounted Solar installations, Municipal solid waste management
  • EV charging Infrastructure
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The Company has global partnership with some top Companies in World like Arcelor Mittal, Cornaglia, Dassault Systemes, JFE Steel Corporation, Magnetto Automotive, Ogihara, Sumitomo, Solaris bus and many more.

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

JBM Auto Ltd Stock Performance

From year 2004 to 2014 the Company traded virtually flat. There was no positive and negative visible movement in these ten years. The performance of Company was not reflected in share price.

Towards 2014 end the Company witnessed some decisive positive movement and went close to 600 giving handsome returns to investors. The dividend yield is also good at current market price. Despite initial muted ten years it turned into multi bagger giving close to 20 times return in last 16 years or so.

JBM Auto Ltd My Opinion

JBM Auto Ltd is a Auto Parts Company. In this article I have details about the Group’s other business as well. It will give you a bird eye view of Company association and range of products it deals with.

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Auto Parts is an exciting sector. None of the Indian Companies are part of global top ten suppliers as of this writing. The Global Automotive parts segment is dominated by Multinational Companies dealing with separate product mix.

With recent surge in demand of Vehicles different Companies joined wandbagon of manufacturing Auto parts in India itself. I am bullish on this sector. There are quite a few players in this sector and you should explore them before making a decision on which Company to invest in.

I have invested in this sector and most likely will not add to exposure. I personally like Companies which have unique product range and backed by good proven management.

In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.

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