Jay Bharat Maruti Ltd
About
Jay Bharat Maruti (JBM) began as a cylinder manufacturing company in 1983 and soon expanded to produce automotive parts. Its vision of every Indian vehicle having a JBM component in it has been actualised with 500,000 auto components being produced by JBM every day. The company has diversified into producing its own buses and building an electric vehicle ecosystem, in addition to providing sustainable operation models, such as Mobility 2.0 for cleaner and safer transportation. JBM’s business is primarily divided into 6 vertices, namely auto components and systems, buses and electric vehicles, EV aggregates, EV charging stations, renewables, and environmental management. With the help of more than 20 international alliances across 10 countries, Jay Bharat Maruti has become a $3bn global conglomerate, led by S. K. Arya.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2300 -1.8% | 2342 12.5% | 2082 37.1% | 1518 -7.7% | 1644 -18.0% | 2005 14.8% | 1746 14.1% | 1530 16.3% | 1316 1.4% | 1299 7.8% | 1205 1.0% | 1192 11.3% | 1072 -0.2% | 1073 33.0% | 807 15.6% | 698 - |
| Net Operating Income (INR Cr) | 2292 -2.22% | 2344 12.79% | 2078 38.64% | 1499 -9.57% | 1658 -16.87% | 1994 0.00% | 1730 13.35% | 1527 17.26% | 1302 0.60% | 1294 6.81% | 1212 2.66% | 1180 10.48% | 1068 0.73% | 1061 32.04% | 803 16.12% | 692 5.27% |
| Profit (INR Cr) | 32 -15.0% | 38 34.7% | 28 7.3% | 26 -7.1% | 28 -45.8% | 52 -11.6% | 59 9.5% | 54 35.1% | 40 -0.4% | 40 142.0% | 17 -23.3% | 22 9.7% | 20 -48.8% | 38 82.3% | 21 102.8% | 10 - |
| Assets (INR Cr) | 992 16.1% | 855 -2.4% | 876 3.9% | 843 -7.5% | 912 7.4% | 849 26.5% | 671 18.3% | 567 46.4% | 387 5.7% | 366 -4.8% | 385 2.4% | 375 14.8% | 327 39.1% | 235 55.9% | 151 -2.2% | 154 - |
| Net Worth (INR Cr) | 539 6.0% | 508 7.1% | 474 5.4% | 450 6.3% | 423 4.8% | 404 0.0% | 360 18.3% | 304 20.5% | 253 22.0% | 207 20.2% | 172 8.4% | 159 12.6% | 141 12.7% | 125 36.1% | 92 23.0% | 75 11.7% |
| Employee Cost (INR Cr) | 197 7.0% | 184 13.3% | 162 19.4% | 136 -4.3% | 142 -8.3% | 155 26.4% | 123 27.1% | 97 16.8% | 83 12.9% | 73 13.6% | 64 3.0% | 63 10.0% | 57 4.0% | 55 40.1% | 39 16.3% | 34 - |
| Interest Cost (INR Cr) | 40 | 37 | 33 | 33 | 38 | 34 | 20 | 18 | 22 | 21 | 22 | 20 | 22 | 14 | 12 | 10 |
| Cash & Bank Balance (INR Cr) | 2 | 6 | 4 | 3 | 2 | 1 | 3 | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | 1 |
| Total Debt (INR Cr) | 440 | 336 | 380 | 369 | 445 | 404 | 298 | 255 | 134 | 159 | 212 | 215 | 184 | 108 | 59 | 79 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 1.4% | 1.6% | 1.4% | 1.7% | 1.7% | 2.6% | 3.4% | 3.5% | 3.0% | 3.1% | 1.4% | 1.8% | 1.8% | 3.6% | 2.6% | 1.5% |
| Profit As % Of Assets | 3.3% | 4.4% | 3.2% | 3.1% | 3.1% | 6.1% | 8.8% | 9.5% | 10.3% | 10.9% | 4.3% | 5.7% | 6.0% | 16.3% | 13.9% | 6.7% |
| Profit As % Of Networth | 6.0% | 7.5% | 5.9% | 5.8% | 6.7% | 12.9% | 16.4% | 17.7% | 15.8% | 19.3% | 9.6% | 13.6% | 13.9% | 30.6% | 22.8% | 13.8% |
| Interest Cost to EBITDA % | 23.8% | 21.3% | 21.8% | 24.3% | 27.0% | 19.7% | 12.9% | 13.8% | 18.9% | 20.2% | 23.5% | 20.8% | 24.9% | 14.3% | 15.2% | 16.8% |
| Debt to Equity Ratio | 0.82 | 0.66 | 0.80 | 0.82 | 1.05 | 1.00 | 0.83 | 0.84 | 0.53 | 0.77 | 1.23 | 1.35 | 1.31 | 0.86 | 0.64 | 1.06 |
| RONW | 6.2% | 7.7% | 6.1% | 6.0% | 6.8% | 12.9% | 17.7% | 19.3% | 17.3% | 19.2% | 14.9% | 14.4% | 14.7% | 35.2% | 25.2% | 14.6% |
| ROCE | 9.4% | 11.0% | 8.8% | 8.5% | 9.1% | 13.7% | 17.8% | 19.5% | 21.7% | 18.4% | 16.3% | 14.7% | 17.9% | 36.8% | 29.5% | 17.5% |