By {Sandeep Bishnoi}
October 6, 2024
JBM Auto Ltd (NSE: JBMA) is a leader in India’s electric mobility and automotive component manufacturing. With the Indian government’s focus on clean energy and electric mobility, JBM Auto has positioned itself at the forefront of this transformation. Investors are increasingly interested in JBM Auto’s future growth, given its involvement in producing electric buses and components for the automotive industry.
In this article, we will explore JBM Auto’s share price targets for 2024, 2025, 2030, 2040, and 2050, using fundamental analysis and trends from the company’s annual report.
Discover JBM Auto’s share price targets for 2024, 2025, 2030, 2040, and 2050. Learn about the company’s future growth, market cap, risk factors, and competitors in the electric mobility space.
Company Overview
Founded in 1990, JBM Auto is part of the JBM Group, a $3 billion global conglomerate. The company manufactures automotive components, electric vehicles, and electric buses. With a focus on sustainable mobility, JBM Auto aims to lead India’s transition towards clean energy and e-mobility. The company operates state-of-the-art manufacturing plants and is committed to becoming Net Zero by 2040.
Annual Report Highlights (2023-24)
- Total Revenue: ₹5,009.35 Crores (Up 29.86% YoY)
- PAT: ₹193.73 Crores (Up 54.81% YoY)
- EBITDA: ₹604.23 Crores (Up 42% YoY)
- Market Cap: ₹21,334 Crores as of March 31, 2024【source】.
✓ Titan Share Price Target
JBM Auto Share Price Target Summary Table (Yearly)
Year | Minimum Price (₹) | Maximum Price (₹) |
---|
2024 | ₹1,600 | ₹2,600 |
2025 | ₹2,150 | ₹3,050 |
2030 | ₹4,500 | ₹5,300 |
2040 | ₹9,000 | ₹11,000 |
2050 | ₹15,000 | ₹20,000 |
Summary for Each Year:
- 2024: JBM Auto’s share price is expected to range from ₹1,600 to ₹2,600, supported by its growing electric vehicle portfolio and the government’s push for clean mobility.
- 2025: The price is projected to be between ₹2,150 and ₹3,050, driven by increased production and international market expansion.
- 2030: By 2030, the price target is estimated to range from ₹4,500 to ₹5,300, with JBM Auto continuing to benefit from the electric vehicle boom.
- 2040: The share price is expected to rise to ₹9,000 to ₹11,000, as JBM Auto establishes itself as a global leader in the electric mobility space.
- 2050: By 2050, the price could reach ₹15,000 to ₹20,000, reflecting JBM Auto’s continued innovation and market dominance.
JBM Auto Share Price Target 2024
In 2024, JBM Auto is expected to continue its growth due to its leadership in the electric mobility space. The company’s innovative products and focus on expanding its electric bus portfolio are likely to boost its revenue.
Year | Minimum Price | Maximum Price |
---|
2024 | ₹1,600 | ₹2,600 |
Summary: JBM Auto’s share price in 2024 is projected to range between ₹1,600 and ₹2,600 due to strong demand for electric buses and ongoing government support for clean mobility.
JBM Auto Share Price Target 2025
By 2025, JBM Auto’s focus on electric vehicle (EV) infrastructure, including battery solutions and charging stations, is expected to further solidify its position as a market leader. The company’s efforts to expand into international markets, particularly Europe and the Middle East, should also contribute to its growth.
Year | Minimum Price | Maximum Price |
---|
2025 | ₹2,150 | ₹3,050 |
Summary: The share price in 2025 is forecasted between ₹2,150 and ₹3,050, driven by increased production capacity and growing international sales.
JBM Auto Share Price Target 2030
As the global electric vehicle market expands, JBM Auto is poised to benefit from its early entry into the EV sector. By 2030, the company aims to have a significant market share in both domestic and international markets.
Year | Minimum Price | Maximum Price |
---|
2030 | ₹4,500 | ₹5,300 |
Summary: The share price is expected to range from ₹4,500 to ₹5,300 in 2030, supported by JBM Auto’s leadership in electric mobility and strategic partnerships【42†source】.
JBM Auto Share Price Target 2040
Looking further ahead, JBM Auto is expected to dominate the electric mobility space by 2040, with a strong presence in both public and private sectors.
Year | Minimum Price | Maximum Price |
---|
2040 | ₹9,000 | ₹11,000 |
Summary: By 2040, the share price could range from ₹9,000 to ₹11,000 as JBM Auto continues its expansion and maintains its leadership in electric mobility.
JBM Auto Share Price Target 2050
By 2050, JBM Auto is expected to further solidify its position as a global leader in sustainable transportation solutions, particularly in electric vehicles.
Year | Minimum Price | Maximum Price |
---|
2050 | ₹15,000 | ₹20,000 |
Summary: The share price target for 2050 ranges from ₹15,000 to ₹20,000, based on the assumption that JBM Auto will continue to innovate and lead the electric mobility sector.
Competitors
Here are five competitors of JBM Auto:
- Ashok Leyland: A leading commercial vehicle manufacturer in India with a growing electric bus division.
- Tata Motors: Known for its EV innovations and a major player in the Indian automotive market.
- Mahindra Electric: Focuses on producing electric vehicles, including three-wheelers and commercial vehicles.
- BYD India: A global leader in electric vehicles, particularly in the bus segment, competing with JBM in public transport.
- Olectra Greentech: A pioneer in electric buses in India and a direct competitor in the electric bus space.
Risk Factors
- High Valuation: JBM Auto’s P/E ratio of 124 indicates a premium valuation, which may limit short-term growth.
- Government Policy Dependence: The company relies heavily on government policies and incentives to support its growth in the electric mobility sector.
- Supply Chain Issues: Any disruption in the EV battery supply chain could affect production and revenue【42†source】.
Future Plans
JBM Auto plans to expand its EV bus portfolio and increase its production capacity. The company is also focused on entering new markets in Europe, the Middle East, and Africa. With its commitment to becoming Net Zero by 2040, JBM Auto is working towards building a greener, more sustainable future.
Conclusion
JBM Auto is well-positioned for growth in the electric mobility space. Its focus on innovation, strategic partnerships, and international expansion makes it an attractive investment. However, investors should consider the company’s high valuation and dependence on government policies. Overall, JBM Auto’s share price targets from 2024 to 2050 reflect its potential to lead India’s electric vehicle revolution.
FAQs
What is JBM Auto’s main business?
JBM Auto manufactures automotive components, electric vehicles, and electric buses.
Does JBM Auto pay dividends?
Yes, JBM Auto offers dividends, with a yield of 0.06% as of 2024.
What are the key risks of investing in JBM Auto?
The company’s high valuation, reliance on government policies, and potential supply chain disruptions are notable risks.
How has JBM Auto’s stock performed recently?
JBM Auto has seen strong growth, with a 54.81% increase in profit after tax in FY24.
What are JBM Auto’s future plans?
JBM Auto plans to expand its electric bus portfolio, increase production, and enter new international markets.
Disclaimer: This forecast is based on available information and analysis. Actual stock prices can be influenced by various factors, including geopolitical events, unforeseen circumstances, and changes in market sentiment. It is essential to conduct thorough research and consider multiple factors before making any investment decisions.
Alert: This is just an estimate that the share target of JBM Auto’s can be this much. If you want to invest then talk to an advisor and then invest. www.Homedecore24.com/Finance will not take any responsibility if your money is lost. Please invest money at your own risk.