- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-20-0001353

About JCBL Limited
Data last updated:
JCBL Limited is a public limited company based in New Delhi, Delhi, India. It operates in the commercial vehicles and fleet segment of the automotive sector. It was incorporated on 26 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34201DL1989PLC036743. Its GSTIN is 07AAACJ0204G2Z8 (Delhi). The company holds 14 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹21.95 Cr. It was formerly known as Jaycee Coach Builders Ltd. It is led by directors including Sanjeev Babbar (Whole-Time Director) and Rishi Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at L – 1/18 GF Hauz Khasenclave Hauz Khas, New Delhi, Delhi, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹157.69 Cr. For the same year it recorded a net profit of ₹2.07 Cr (net margin 1.3%) and EBITDA of ₹21.8 Cr (EBITDA margin 13.8%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 1% over five years.
The company has about 143 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: JCBL Armouring Solutions. As per MCA filings, the company has open charges of ₹51.94 Cr and satisfied charges of ₹316.64 Cr on record. Court records list 147 cases involving the company, including 89 filed by the company and 58 filed against it; 43 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹86.88 Cr; the latest was in January 2025. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 573 overdue payments to 40 micro and small suppliers.
JCBL Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0001353). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jcbl.com.
Company details
Recognitions & Rankings of JCBL
Contact details
JCBL Limited's registered office is in New Delhi, Delhi. Its website is jcbl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressL – 1/18 GF Hauz Khasenclave Hauz Khas, New Delhi, Delhi, India
- IndustryAutomotive, Commercial Vehicles & Fleet
To see the full contact details of JCBL Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
JCBL operates one associated brand: JCBL Armouring Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacture of armoured vehicles for defence, government, and civilian security in India. | jcblarmouringsolutions.com |
Business activity
The main business activity of JCBL is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of JCBL Limited, buy the company report.
Financials of JCBL Limited
FY 2025 filings availableJCBL Limited reported revenue of ₹157.69 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years. EBITDA rose 287% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹157.69 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.07 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of JCBL Limited, buy the company report.
Board of directors of JCBL Limited
JCBL has 6 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Aggarwal | Director | 07 Dec 2016 | 9 Years 10 Months | Current |
| Vivek Dutta Also directs: JCBL Marrel Tippers Private Limited, Globe Autoz Private Limited, Globe Automobiles Private Limited and 3 more | Director | 25 Feb 2020 | 6 Years 7 Months | Current |
| Renu Rawat Also directs: JCBL Marrel Tippers Private Limited, Piccadily Sugar and Allied Industries Limited, Syschem (India) Limited and 1 more | Director | 22 Mar 2022 | 4 Years 7 Months | Current |
| Sanjeev Babbar Also directs: JCBL Marrel Tippers Private Limited, JCBL EV Mobility Private Limited, Zenvy Green Mobility India Private Limited and 2 more | Whole-Time Director | 01 Dec 2017 | 8 Years 10 Months | Current |
| Sriprasad Venkataramana Rajeshwara Venugopala Also directs: Hess Greenmobility India Private Limited | Director | 07 Dec 2023 | 2 Years 10 Months | Current |
| Ranveer Singh Saini | Additional Director | 12 Feb 2026 | 0 Years 8 Months | Current |
Auditor
JCBL Limited is audited by Kansal Jain & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kansal Jain & Associates | FY 2024 | 023083N |
Shareholding
The shareholding of JCBL Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JCBL Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2025 | 101111585 | Others | ₹4.86 Lakh | Open | |
| 31 May 2025 | 101111588 | Others | ₹4.86 Lakh | Open | |
| 29 Mar 2025 | 101075930 | Standard Chartered Bank | ₹51.15 Cr | Open | |
| 31 Dec 1990 | 90052376 | Punjab State Industrial Development Corporation Limited | ₹69 Lakh | Open | |
| 02 Mar 2021 | 100460998 | Others | ₹8.7 Cr | Satisfied |
To see the full charge records of JCBL Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
JCBL Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹86.88 Cr; the latest was in January 2025.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2021 | Funding round | ₹49.88 Cr | Investors: JCBL India Private Limited |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Rajinder Aggarwal HUF |
To see the full deal history of JCBL Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JCBL Limited has 147 court cases on record: 89 filed by JCBL, 58 filed against it. 43 cases are pending and 104 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 89 | 22 | 15 |
| High courts | 56 | 34 | 28 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 147)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mohali, Punjab | Civil suit | Filed by the company against Amber Enterprises India Pvt Ltd | Pending |
| High Court of Punjab and Haryana | Appeal | Filed against the company by United India Insurance Company Ltd | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by K.B.K Polymers Pvt Ltd | Pending |
| District court, SAS Nagar, Punjab | Execution petition | Filed by the company against Suvarna Fibrotech Pvt Ltd | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Delhi Jal Board | Disposed |
To see the full case history of JCBL Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
JCBL Limited was last rated by Crisil on 22 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Jun 2020 |
To see the full credit ratings and regulatory alerts of JCBL Limited, buy the company report.
MSME payment delays
JCBL Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 573 overdue payments to 40 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Sky Innovations |
To see the full MSME payment records of JCBL Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
JCBL has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| A2d Solutions Private Limited | U29305PB2021PTC053347 | |
| Airbornics Defence & Space Private Limited | U34102HR2014PTC052925 | |
| JCBL Marrel Tippers Private Limited | U34300CH2007PTC030773 |
To see the full group structure of JCBL Limited, buy the company report.
Employees & EPFO
JCBL Limited has a workforce of 143 employees on its EPFO records as of Jan 09, 2025, across 1 active EPFO establishment.
GST
JCBL has 14 GST registrations: 5 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACJ0204G2Z8 | Delhi | Active | 01 Jul 2017 |
| 03AAACJ0204G1ZH | Punjab | Active | 01 Jul 2017 |
| 33AAACJ0204G2ZD | Tamil Nadu | Active | 01 Jul 2017 |
| 04AAACJ0204G2ZE | Chandigarh | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of JCBL Limited, buy the company report.
Recent activity
JCBL Limited has 21 board changes on record since 2007: 6 appointments and 15 cessations. The latest: Rajinder Kumar Aggarwal ceased to be Managing Director on 09 Mar 2026.
86 earlier events are in the company report.
News
Frequently asked questions
JCBL is an active public limited company based in New Delhi, Delhi, India. The company works in commercial vehicles and fleet, within the automotive industry. It was incorporated on 26 June 1989 (37+ years old) and is registered under CIN U34201DL1989PLC036743.
JCBL has 6 current directors:
- Sanjeev Babbar - Whole-Time Director
- Rishi Aggarwal - Director
- Vivek Dutta - Director
- Renu Rawat - Director
- Sriprasad Venkataramana Rajeshwara Venugopala - Director
- Ranveer Singh Saini - Additional Director
The latest financial statements of JCBL on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of JCBL is 07AAACJ0204G2Z8, registered in Delhi. The company has 14 GST registrations in all, of which 5 are active and 9 are cancelled or inactive. Other active GSTINs include 03AAACJ0204G1ZH (Punjab), 33AAACJ0204G2ZD (Tamil Nadu), 04AAACJ0204G2ZE (Chandigarh).
The CIN (Corporate Identification Number) of JCBL is U34201DL1989PLC036743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JCBL has 147 court cases on record: 89 filed by the company and 58 filed against it. 43 are pending. Most are in the district courts.
JCBL was incorporated on 26 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
JCBL has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹86.88 Cr; the latest was in January 2025.
Rajinder Kumar Aggarwal ceased to be Managing Director on 09 Mar 2026. Ranveer Singh Saini was appointed as Additional Director on 12 Feb 2026. Sriprasad Venkataramana Rajeshwara Venugopala was appointed as Director on 07 Dec 2023. JCBL has 21 board changes on record in total.
Yes, JCBL is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-20-0001353).
JCBL has 13 MSME Form 1 returns on record between 2019 and 2024, listing 573 overdue payments to 40 micro and small suppliers. The latest return was filed on 23 Apr 2024.