Jay Bharat Maruti's Q1 FY 2025-26 Quarterly Results

Result Summary

• Jay Bharat Maruti Ltd reported a 7.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.3%.
• Its expenses for the quarter were down by 10.9% QoQ and 0.9% YoY.
• The net profit increased 107.4% QoQ and increased 332.9% YoY.
• The earnings per share (EPS) of Jay Bharat Maruti Ltd stood at 2.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Jay Bharat Maruti Ltd is a prominent player in the Indian automotive components manufacturing sector. The company primarily focuses on producing a wide range of products including sheet metal components, assemblies, and sub-assemblies for the automotive industry. As an established supplier to leading automotive manufacturers, Jay Bharat Maruti Ltd plays a crucial role in the production chain of vehicles. The company's product portfolio includes critical components such as chassis and suspension parts, fuel tanks, and body panels. Over the years, Jay Bharat Maruti Ltd has built a reputation for its quality products and timely delivery, catering to a diverse clientele in the automotive sector.

Revenue

For the quarter ending Q1FY26, Jay Bharat Maruti Ltd reported a total income of ₹556.89 crores. This represents a 7.2% decrease compared to the previous quarter (Q4FY25), where the total income stood at ₹600.09 crores. However, when compared year-over-year, there is a 4.3% increase from Q1FY25, where the total income was ₹533.86 crores. The quarter-on-quarter decline indicates a reduction in income from the preceding quarter, while the year-over-year growth suggests an overall upward trend in income generation compared to the same period last year.

Profitability

In Q1FY26, the company reported a profit before tax of ₹35.58 crores, showing a significant increase of 133.6% compared to ₹15.23 crores in Q4FY25. Year-over-year, this reflects a substantial increase of 342.0% from ₹8.05 crores in Q1FY25. The profit after tax for Q1FY26 was ₹23.29 crores, which is an increase of 107.4% quarter-over-quarter from ₹11.23 crores in Q4FY25, and an impressive 332.9% increase year-over-year from ₹5.38 crores in Q1FY25. The earnings per share for Q1FY26 was ₹2.10, reflecting a 110.0% increase from the previous quarter and a 320.0% increase from the same quarter in the previous year.

Operating Metrics

Jay Bharat Maruti Ltd's total expenses for Q1FY26 amounted to ₹521.32 crores, marking a 10.9% decrease from Q4FY25 where expenses were ₹584.86 crores. Compared to Q1FY25, where total expenses were ₹525.80 crores, there is a slight decrease of 0.9%. The tax expense for Q1FY26 was ₹12.58 crores, which is a substantial increase of 202.4% from ₹4.16 crores in Q4FY25 and a 365.9% increase from ₹2.70 crores in Q1FY25. The substantial changes in tax expenses reflect the company's higher profitability. The financial data indicates that the company managed to decrease its expenses while increasing its profitability on both a quarterly and yearly basis.