Jupiter Wagons Limited
NSE: JWL · Industrial Manufacturing · sector
₹174.61NSE close 2026-10-26
Key numbers
Market cap₹7,462 cr
Price₹174.61
52w high / low₹358 / ₹175
P/E46.4xSector median 30.3x
P/B2.5xSector median 3.0x
Book value₹69.7
Dividend yield0.56%Sector median 0.65%
ROE5.8%Sector median 10.1%
ROCE8.1%Sector median 11.7%
OPM11.2%Sector median 11.2%
Debt / equity0.31xSector median 0.26x
EV/EBITDA22.1xSector median 23.2x
Interest cover4.5x
Current ratio2.00x
Sales growth 3y+12.1%Sector median +18.4%
Profit growth 3y+12.3%Sector median +32.6%
PEG5.27x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 8 companies in Industrial Manufacturing (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹651 cr vs borrowings ₹938 cr (FY26): borrowings are higher by ₹286 cr.
- Borrowings rose in each of the last 3 years (₹288 cr → ₹938 cr).
- Operating profit covered interest 4.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 23% of net profit in the last 12 months.
- Debtor days went from 49 (FY24) to 95 (FY26).
- Dividend paid in 3 of the last 5 financial years.
- Price ₹174.61 on 2026-10-26: -51.3% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹561.10 · low ₹174.61
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,009 | 1,030 | 1,045 | 459 | 786 | 890 | 780 | 671 |
| EBITDA | 139 | 149 | 153 | 60 | 93 | 116 | 76 | 65 |
| OPM % | 13.8% | 14.4% | 14.6% | 13.0% | 11.9% | 13.0% | 9.7% | 9.7% |
| Other income | 10 | 15 | 12 | 17 | 10 | 9 | 9 | 9 |
| Net profit | 90 | 97 | 103 | 33 | 47 | 62 | 29 | 28 |
| EPS (₹) | 2.12 | 2.29 | 2.44 | 0.77 | 1.10 | 1.33 | 0.67 | 0.66 |
| Revenue YoY | -22.1% | -13.5% | -25.3% | +46.0% | ||||
| Profit YoY | -48.1% | -35.9% | -72.1% | -13.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,178 | 2,068 | 3,644 | 3,963 | 2,916 | 3,127 |
| EBITDA | 114 | 252 | 489 | 578 | 345 | 350 |
| Net profit | 50 | 121 | 332 | 382 | 171 | 166 |
| EPS (₹) | 1.28 | 3.12 | 8.24 | 9.08 | 4.02 | 3.76 |
| Revenue growth | +75.5% | +76.2% | +8.8% | -26.4% | -11.7% | |
| Profit growth | +143.1% | +174.5% | +15.3% | -55.2% | -48.6% | |
| Dividend / share (₹) | – | – | 0.80 | 1.30 | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +12.1% | +51.7% | -11.7% |
| Net profit | +12.3% | +69.3% | -48.6% |
| EPS | +8.8% | +24.0% | – |
| Share price | – | -39.0% (2y) | -41.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 803 | 1,616 | 2,754 | 2,978 |
| Borrowings | – | 288 | 338 | 484 | 938 |
| Cash & equivalents | – | 167 | 266 | 724 | 651 |
| Total assets | – | 1,634 | 2,940 | 3,999 | 4,712 |
| Fixed assets | – | 435 | 619 | 763 | 809 |
| Capital work in progress | – | 27 | 53 | 66 | 266 |
| Investments | – | 11 | 40 | 34 | 27 |
| Receivables | – | 213 | 491 | 815 | 757 |
| Inventory | – | 491 | 984 | 769 | 1,079 |
| Payables | – | 198 | 553 | 408 | 398 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 60 | 78 | -19 | 104 | 9 |
| Cash from investing | -49 | -122 | -465 | -608 | -688 |
| Cash from financing | -17 | 121 | 489 | 822 | 454 |
| Capex | 37 | 73 | 125 | 508 | 535 |
| Free cash flow | 23 | 5 | -144 | -404 | -525 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 15.0% | 20.5% | 13.9% | 5.7% |
| ROCE % | – | 21.3% | 24.9% | 17.5% | 8.3% |
| Debtor days | – | 38 | 49 | 75 | 95 |
| Inventory days | – | 114 | 127 | 94 | 188 |
| Payable days | – | 46 | 71 | 50 | 69 |
| Cash conversion cycle (days) | – | 106 | 105 | 119 | 214 |
| Working capital days | – | 54 | 71 | 129 | 170 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 68.31% |
| FIIs | 3.02% |
| DIIs | 0.80% |
| of which Mutual funds | 0.77% |
| of which Insurance | 0.03% |
| Government | 0.00% |
| Public (non-institutions) | 27.87% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.11% | 68.11% | 68.09% | 68.31% | 68.31% | 68.31% | 68.31% | 68.31% |
| Promoter group | % |
|---|---|
| Karisma Goods Private Limited | 20.96% |
| Tatravagonka A.S. | 19.24% |
| Jupiter Metal Spring Private Limited | 10.15% |
| Anish Consultants & Credits PVT Ltd | 3.59% |
| Murari LAL Lohia | 3.57% |
| Jupiter Forgings and Steel PVT Ltd | 3.50% |
| Vikash Lohia | 2.67% |
| Vivek Lohia | 1.82% |
| Murari LAL Lohia HUF | 1.71% |
| Usha Lohia | 0.45% |
| Ritu Lohia | 0.34% |
| Shradha Lohia | 0.17% |
| Riddles Marketing Private Limited | 0.13% |
| Public holders above 1% | % |
|---|---|
| Gothic Corporation | 3.06% |
| Atyant Capital India Fund - I | 2.11% |
| Vanderbilt University | 1.19% |
| The Duke Endowment | 1.17% |
| Gothic HSP Corporation | 1.17% |
3,74,794 shareholders. Pledged: 0.00% of promoter shares.
Peers in Industrial Manufacturing
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MAZDOCK | ₹75,634 cr | 26.5x | 7.8x | 32.3% | 35.3% | 19.3% | +18.4% | 1.02% |
| COCHINSHIP | ₹29,831 cr | 43.9x | 5.1x | 11.9% | 15.2% | 15.1% | +28.5% | 0.86% |
| SWANDEF | ₹14,207 cr | 34.2x | 6.3x | 27.9% | -5.0% | -90.3% | – | – |
| TITAGARH | ₹8,746 cr | 45.8x | 3.6x | 7.7% | 12.0% | 11.2% | +18.2% | 0.56% |
| JWL | ₹7,462 cr | 46.4x | 2.5x | 5.8% | 8.1% | 11.2% | +12.1% | 0.56% |
| TEXRAIL | ₹4,022 cr | 18.5x | 1.7x | 8.3% | 11.5% | 8.8% | +25.0% | 0.74% |
| ORIRAIL | ₹762 cr | 14.7x | 1.7x | 12.3% | 12.6% | 15.5% | +62.1% | 0.09% |
| HRYNSHP | ₹56 cr | 2.4x | 0.4x | 2.8% | 0.5% | -351.7% | -59.9% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-05-30 | Dividend | Interim Dividend - Rs 1 Per Share |
| 2024-10-07 | Dividend | Interim Dividend - Re 1 Per Share |
| 2024-09-05 | Other | Annual General Meeting |
| 2024-09-05 | Dividend | Dividend - Re 0.30 Per Share |
| 2024-02-29 | Dividend | Interim Dividend - Re 0.30 Per Share |
| 2023-09-12 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2021-09-23 | Other | Annual General Meeting |
| 2020-09-17 | Other | Annual General Meeting |
| 2019-09-23 | Other | Annual General Meeting |
| 2019-02-28 | Other | Extra Ordinary General Meeting |
| 2019-01-01 | Other | Extra Ordinary General Meeting |
| 2018-09-21 | Other | Annual General Meeting |
| 2017-09-14 | Other | Annual General Meeting |
| 2016-09-19 | Other | Annual General Meeting |
| 2015-09-04 | Other | Annual General Meeting |
| 2014-09-24 | Other | Annual General Meeting |
| 2012-09-21 | Other | Annual General Meeting |
| 2011-09-19 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Metal & Metal products
| Sector | Industrials |
| Industry | Industrial Manufacturing |
| Sub-industry | Railway Wagons |
| Symbol | JWL |
| BSE code | 533272 |
| ISIN | INE209L01016 |
| Face value | ₹10.0 |
| Incorporated | 1979-09-28 |
| Website | https://jupiterwagons.com |
| Plants (India / abroad) | 6 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.