Jay Bharat Maruti Hits 20% Upper Circuit on 287% Profit Surge
Shares of Jay Bharat Maruti Limited locked into the 20% upper circuit on BSE on 20 May, touching a day high of Rs 103.24, after the company reported a nearly four-fold rise in quarterly profit, supported by strong operating performance and one-time tax-related gains. Q4 FY26 was a standout quarter.... The post Jay Bharat Maruti Hits 20% Upper Circuit on 287% Profit Surge appeared first on Equitypandit.
Shares of Jay Bharat Maruti Limited locked into the 20% upper circuit on BSE on 20 May, touching a day high of Rs 103.24, after the company reported a nearly four-fold rise in quarterly profit, supported by strong operating performance and one-time tax-related gains.
Q4 FY26 was a standout quarter. Net profit surged 287% to Rs 79.59 crore, up from Rs 20.56 crore in the same period last year. Revenue from operations rose 25.5% to Rs 766 crore.
EBITDA climbed 57.5% to Rs 91.90 crore, with margins expanding to about 12% from 9.5% a year ago.
Two items gave profitability an extra push this quarter. The company booked a GST incentive of Rs 35.50 crore for its Gujarat plant under the Gujarat Industrial Policy 2015.
It also recognised a deferred tax benefit of Rs 36.79 crore after switching to a concessional tax regime. Investors should note these are one-time in nature.
For the full year FY26, the picture remains strong even setting those aside. Consolidated revenue grew 11.4% to Rs 2,554 crore.
Full-year profit after tax came in at Rs 139.67 crore, up 324% from Rs 32.91 crore in FY25.
The board announced a final dividend of Rs 0.70 per share for FY26, subject to shareholder approval at the upcoming AGM.
Directors also approved an enabling resolution to raise up to Rs 750 crore through a qualified institutional placement or other permissible routes.
The company separately announced voluntary delisting from the Calcutta Stock Exchange, while remaining listed on NSE and BSE.
At 11:47 am on 20 May, shares of Jay Bharat Maruti were locked at Rs 103.24 on BSE, up 19.99% on the day. The stock has gained around 45% over the past year.
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The post Jay Bharat Maruti Hits 20% Upper Circuit on 287% Profit Surge appeared first on Equitypandit.
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