JBM Auto Limited
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BSE Code:
532605
NSE Code:
JBMA
Business Profile
Business Profile
JBM Auto (JBMA), part of the JBM group, is a Delhi-based company engaged in manufacturing sheet metal components, tools and special purpose vehicles. It was established in 1990 and went public in March 1994.
The ISO 14001:2004, OHSAS, 18001:1999 and ISO/TS 16949:2002 certified company operates in the three business segments of metal components and assemblies, tool room and special purpose vehicles. The press shops manufacture body in white (BIW) parts and sub-assemblies for cars; skin panels and axles for tractors; and body components, axles, bumpers, and suspension components for trucks. The tool room manufactures tools, dies and molds weighing upto 10 tons for original equipments manufacturers (OEMs). Special purpose vehicles like trailers, tippers and other custom-designed vehicles meeting CMVR requirements are offered by the company.
The manufacturing facilities are located in Mathura and Noida in Uttar Pradesh, Faridabad in Haryana and Nasik in Maharashtra with a capacity to manufacture 30,000 MT of components, assemblies, sub-assemblies and other parts. In FY07, the company set up an axle line for a new model of Maruti Udyog with technical assistance from Futaba Corporation, Japan; installed a new press line with 1,000 ton lead press with link drive to enhance pressing capacity; and set up a new plant with a weld shop to cater to the Manesar plant of Maruti Udyog. It has bagged the Commendation for Significant Achievement award from CII-Exim Bank for 2006.
The company has agreements with OEMs for the supply of components with Maruti Udyog being the single largest customer. Components are exported to various truck manufacturers in Europe. The registered office of the company is located at 703 B, Hemkunt Chambers, 89 Nehru Place, New Delhi-110019.
Financials
JBM Auto registered a profit of Rs 9.19 million for the quarter ended September 2007.
It recorded a net sales of Rs 489.07 million for the quarter.
Total income was Rs 489.8 million for the quarter ended September 2007.
Recent Developments
17-MAR-08
The board of directors of Continental Controls, at its meeting held on Mar. 14, 2008, approved the demerger of the Computer Software Division of the company into Quest Softech (India). The appointed date for the scheme of demerger is being Apr. 01, 2008.