JBM Auto Captures 49% Of India's Electric Bus Market In May
"Our growth reflects a clear focus on decarbonizing public transport while aligning with global benchmarks in sustainable mobility,” said Nishant Arya, vice chairman and managing director at JBM Auto.
PUNE: JBM Auto, a BSE listed, automaker, on Wednesday said it has registered 157 electric buses in May 2026, capturing 49 per cent market share in India's electric bus segment as India's transition to zero-emission public transport continues to accelerate across major state networks.
"Our growth reflects a clear focus on decarbonizing public transport while aligning with global benchmarks in sustainable mobility,” said Nishant Arya, vice chairman and managing director at JBM Auto.
He said the automaker’s aim was not only to reduce emissions, but also to enhance everyday mobility by making it smarter, safer, and more accessible.
As per Vahan portal data, the automaker had clocked 33 per cent market share in April, extending a run of market leadership that began in FY26, selling 1,282 units.
The company also reported an order pipeline of over 10,000 electric buses, indicating strong demand in the electric bus segment.
The company operates what it describes as the world's largest dedicated integrated electric bus manufacturing facility outside China, located in the National Capital Region, with an annual capacity of 20,000 buses.
Its consolidated revenue for FY26 stood at Rs 6,227.30 crore with net profit after tax of Rs 238 crore, while Q4 FY26 saw EV business growth of 31.35 per cent, PAT growth of 13.60 per cent, and EBITDA expansion of 24.78 per cent year-on-year.
