JAY BHARAT MARUTI (JAYBARMARU.NS)

Sunday

1:07 PM

Thesis: The recent surge in vehicle production forecasts and strategic partnerships with leading OEMs have strengthened the growth narrative for Jay Bharat Maruti…

Revenue Outlook

Metric	FY2026	FY2027E	FY2028E
Revenue	$25.5B	$15.9B	$18.1B
Rev. Growth	+11.3%	-37.5%	+13.7%
EPS	$12.90	$4.24	$5.47
EPS Growth	+324%	-67.1%	+29.1%
P/E (fwd)	13.2×	40.3×	31.2×

★ Analysts see FY2028 revenue reaching $18.1B — +13.7% growth in a single year.

What’s Driving the Stock

1Recent contract wins with Maruti Suzuki for new vehicle models could drive revenue growth by 15% in the next fiscal year.
2Increased production capacity in Gujarat plant is expected to reduce per-unit costs by 10%, enhancing margins.
3Emerging demand for electric vehicle components, with a projected 20% increase in revenue from EV parts by FY27.
4Potential government incentives for local manufacturing could lower operational costs by 5% over the next two years.
5Shift towards electric vehicles and sustainable automotive solutions
6Growth in domestic automotive manufacturing driven by government initiatives
7Changes in OEM production schedules, particularly from Maruti Suzuki
8Fluctuations in raw material costs, especially steel and aluminum prices

FY2026 Snapshot

Revenue: $25.5B
Rev. Growth: +11.3%
Gross Margin: 13.7%
Op. Margin: 7.4%
Net Margin: 5.5%
Net Income: $1.4B
NI Growth: +324%
EPS: $12.90
1Y Return: +125%

My Notes

"Management highlighted, 'Our strategic partnerships and capacity expansions are set to drive significant growth in the coming years.'"
Moat: Jay Bharat Maruti's strong relationships with OEMs and established manufacturing capabilities provide a durable competitive advantage.
growth - the company shows strong revenue and net income growth, appealing to investors looking for capital appreciation.
Higher interest rates can dampen consumer financing for vehicle purchases, negatively impacting demand for auto parts.
Watch on earnings: Steel and aluminum prices, OEM production forecasts, Consumer vehicle sales data.

One Sentence Summary:

The bull case is simple: analysts see revenue climbing from $15.9B to $18.1B as recent contract wins with maruti suzuki for new vehicle models could drive revenue growth by 15% in the next fiscal year.

Auto-composed from Stock Alarm intelligence, financial statements, and analyst estimates. Not investment advice.

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