CRISIL Ratings has reaffirmed JBM Auto Limited’s long-term bank facility rating at ‘CRISIL A/Stable’ and its short-term rating at ‘CRISIL A1’, on total bank loan facilities of ₹2,020 crore. The rating action was disclosed under Regulation 30 of SEBI (LODR).
The ratings reflect JBM Auto’s healthy operating profitability — around 12% in FY2026 — which is expected to improve over the medium term, driven by the growing electric bus business.
Source: Business Standard, 5 August 2026.
