JUPITER WAGONS LIMITED

BSE: JWL533272ISIN INE209L01016

Industrials
Railway Wagons
BSE 500

Share price

₹197.15+5.20 (+2.71%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹358.20
52W low: ₹169.50
Off 52W high: -44.96%
1M return: -11.75%
3M return: -23.79%
6M return: -33.89%
1Y return: -38.87%
20D avg volume: 2,03,125
50 DMA: ₹219.83
200 DMA: ₹262.16

Key ratios Consolidated

Market cap: ₹8,426 Cr
Current price: ₹197.15
52W high / low: ₹358.20 / ₹169.50
Face value: ₹10.00
P/E: 52.31
P/B: 2.83
EPS (TTM): ₹3.77
Book value / share: ₹69.69
ROE: —
ROCE: 9.60%
Operating margin: —
Net margin: —
Debt / equity: 0.31
Net debt: ₹720.86 Cr
Interest cover: 4.65
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 179.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	670.74	780.15	890.36	785.85	459.34	1,045	1,030	1,009	879.86	1,115	895.84	879.30
	9.15	9.30	9.22	10.26	16.88	11.97	14.82	9.71	7.85	11.57	4.97	5.79
	679.88	789.45	899.59	796.10	476.22	1,057	1,045	1,019	887.71	1,127	900.81	885.08
	641.97	731.14	809.54	717.32	431.69	923.35	909.17	899.04	768.26	986.41	789.78	776.15
	527.78	612.27	658.09	575.93	360.24	780.95	794.15	833.83	677.41	857.80	706.02	696.14
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	26.03	26.99	22.72	23.58	23.54	24.47	18.10	16.99	17.08	15.96	12.37	11.83
	17.49	16.48	18.46	18.62	15.94	16.65	14.47	16.68	12.63	10.76	11.46	10.42
	18.67	17.80	16.64	16.42	16.23	14.89	13.53	12.77	12.46	7.63	6.85	7.13
	86.24	97.50	97.84	89.09	77.96	90.28	87.89	83.93	71.18	82.59	70.38	59.45
	37.91	58.31	90.04	78.79	44.53	133.17	135.49	119.71	119.45	140.56	111.03	108.93
	0.00	-7.42	0.00	-10.40	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	37.91	50.90	90.04	68.39	44.53	133.17	135.49	119.71	119.45	140.56	111.03	108.93
	12.49	19.13	24.47	22.56	12.88	24.88	33.17	29.82	27.76	34.33	28.08	27.44
	26.18	27.21	62.35	45.33	31.07	102.59	96.43	89.36	91.88	104.63	81.46	82.08
	0.66	0.67	1.33	1.10	0.77	2.44	2.29	2.12	2.23	2.56	2.03	2.05
Key metrics
	74.07	85.18	125.14	103.43	76.70	164.71	163.49	149.16	144.54	158.95	129.34	126.48
	11.00%	10.90%	14.10%	13.20%	16.70%	15.80%	15.90%	14.80%	16.40%	14.30%	14.40%	14.40%
	3.90%	3.50%	7.00%	5.80%	6.80%	9.80%	9.40%	8.90%	10.40%	9.40%	9.10%	9.30%
	—	2.00%	—	3.00%	—	5.30%	—	—	—	—	—	—
	46.00%	-25.30%	-13.50%	-22.10%	-47.80%	-6.40%	15.00%	14.80%	—	—	—	—
	-15.70%	-73.50%	-35.30%	-49.30%	-66.20%	-1.90%	18.40%	8.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,127	2,916	3,963	3,644	2,068	1,178
	37.93	45.66	44.36	24.55	5.09	3.39
	3,165	2,961	4,008	3,668	2,073	1,182
	2,900	2,690	3,500	3,224	1,870	1,106
	2,374	2,207	3,086	2,846	1,580	916.89
	0.00	0.00	0.00	—	—	—
	99.32	96.83	76.64	51.41	41.95	33.83
	71.05	69.50	60.42	41.00	28.89	18.17
	69.53	67.09	53.64	28.16	24.98	23.38
	370.67	362.39	333.28	274.07	199.76	133.57
	265.05	271.68	507.82	444.63	203.29	75.95
	-17.82	-17.82	0.00	0.00	0.00	0.00
	247.24	253.86	507.82	444.63	203.29	75.95
	78.65	79.04	115.63	110.89	79.81	25.99
	161.07	165.96	380.27	331.02	120.67	49.66
	3.76	4.02	9.08	8.24	3.12	1.28
Key metrics
	387.82	390.45	621.88	513.79	257.16	117.50
	12.40%	13.40%	15.70%	14.10%	12.40%	10.00%
	5.15%	5.70%	9.60%	9.10%	5.80%	4.20%
	—	9.60%	20.00%	—	—	—
	-11.73%	-26.40%	8.80%	76.20%	75.50%	—
	-49.58%	-56.40%	14.90%	174.30%	143.00%	—
	—	-525.14	-403.96	—	—	—
	—	0.06	0.27	—	—	—
	—	0.31	0.17	—	—	—
	—	720.86	43.46	—	—	—
	—	179.9	108.3	—	—	—
Balance sheet
	—	4,712	3,999	—	—	—
	—	2,709	2,558	—	—	—
	—	216.77	440.74	—	—	—
	—	756.73	814.86	—	—	—
	—	1,079	769.40	—	—	—
	—	194.89	212.86	—	—	—
	—	808.93	763.05	—	—	—
	—	397.53	407.80	—	—	—
	—	1,355	1,161	—	—	—
	—	937.63	484.20	—	—	—
	—	682.37	457.12	—	—	—
	—	255.26	27.08	—	—	—
	—	2,987	2,768	—	—	—
Cash flow
	—	9.45	104.19	—	—	—
	—	-687.77	-607.77	—	—	—
	—	454.36	821.80	—	—	—
	—	534.59	508.15	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	618.69	645.12	775.93	707.25	410.85	1,002	1,000	973.63	894.93	1,113	895.84	879.30
	8.29	8.53	8.21	7.51	13.92	8.74	10.64	7.59	7.27	8.41	4.97	5.38
	626.98	653.65	784.14	714.75	424.77	1,011	1,011	981.22	902.19	1,121	900.81	884.68
	575.54	599.53	706.26	643.57	381.98	879.34	879.21	862.78	785.20	982.80	789.34	775.66
	457.47	513.64	600.07	527.05	327.55	770.03	783.57	807.61	716.73	854.73	706.02	696.14
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	16.99	18.04	16.28	15.07	15.31	15.93	14.42	13.91	14.28	15.44	12.35	11.78
	12.90	12.40	15.04	15.62	13.25	13.81	12.54	14.90	11.86	10.56	11.46	10.42
	9.70	9.14	8.89	8.73	8.62	8.11	7.76	7.55	7.28	7.02	6.84	7.12
	77.19	82.41	84.16	77.36	69.40	80.23	78.15	75.58	65.64	80.92	69.97	59.02
	51.43	54.12	77.88	71.18	42.80	131.45	131.47	118.44	116.99	138.55	111.47	109.02
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	51.43	54.12	77.88	71.18	42.80	131.45	131.47	118.44	116.99	138.55	111.47	109.02
	13.40	15.51	19.55	18.48	9.94	34.12	33.60	29.82	27.76	34.33	28.08	27.44
	38.03	38.61	58.34	52.70	32.85	97.33	97.86	88.62	89.23	104.22	83.40	81.58
	0.89	0.90	1.37	1.24	0.77	2.29	2.31	2.10	2.16	2.54	2.07	2.04
Key metrics
	74.03	75.66	101.81	95.53	64.67	153.37	151.77	140.89	136.13	156.13	129.77	126.56
	12.00%	11.70%	13.10%	13.50%	15.70%	15.30%	15.20%	14.50%	15.20%	14.00%	14.50%	14.40%
	6.10%	6.00%	7.50%	7.50%	8.00%	9.70%	9.80%	9.10%	10.00%	9.40%	9.30%	9.30%
	—	2.20%	—	3.10%	—	5.20%	—	—	—	—	—	—
	50.60%	-35.60%	-22.40%	-27.40%	-54.10%	-10.00%	11.60%	10.70%	—	—	—	—
	15.80%	-60.30%	-40.40%	-40.50%	-63.20%	-6.60%	17.30%	8.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,747	2,539	3,871	3,641	2,068	1,178
	32.54	38.17	34.24	20.99	5.09	3.39
	2,780	2,577	3,905	3,662	2,073	1,182
	2,525	2,331	3,407	3,219	1,868	1,106
	2,098	1,968	3,078	2,843	1,580	916.89
	0.00	0.00	0.00	—	—	—
	66.38	64.70	58.54	50.79	41.17	33.80
	55.96	56.30	53.10	40.81	28.89	18.17
	36.46	35.39	30.70	27.53	24.94	23.35
	321.12	313.34	299.60	271.06	198.67	133.57
	254.61	245.98	498.34	443.69	205.19	76.02
	0.00	0.00	0.00	—	—	—
	254.61	245.98	498.34	443.69	205.19	76.02
	66.94	63.47	125.30	110.89	79.81	25.99
	187.68	182.50	373.04	332.80	125.38	50.03
	4.40	4.29	8.86	8.27	3.24	1.29
Key metrics
	347.03	337.67	582.14	512.03	259.02	117.54
	12.63%	13.30%	15.00%	14.10%	12.50%	10.00%
	6.83%	7.20%	9.60%	9.10%	6.10%	4.20%
	—	9.90%	19.70%	—	—	—
	-18.89%	-34.40%	6.30%	76.10%	75.50%	—
	-40.73%	-51.10%	12.10%	165.40%	150.60%	—
	—	13.70	90.46	—	—	—
	—	0.78	0.54	—	—	—
	—	0.19	0.14	—	—	—
	—	450.50	123.17	—	—	—
	—	181.0	101.2	—	—	—
Balance sheet
	—	4,213	3,871	—	—	—
	—	2,345	2,241	—	—	—
	—	132.17	270.91	—	—	—
	—	671.77	809.04	—	—	—
	—	970.87	695.69	—	—	—
	—	117.00	165.30	—	—	—
	—	606.71	554.75	—	—	—
	—	384.28	431.53	—	—	—
	—	1,162	1,077	—	—	—
	—	582.67	394.08	—	—	—
	—	579.05	390.11	—	—	—
	—	3.62	3.97	—	—	—
	—	2,993	2,752	—	—	—
Cash flow
	—	141.47	200.26	—	—	—
	—	-482.14	-803.00	—	—	—
	—	201.92	761.78	—	—	—
	—	127.77	109.80	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +7.08%
Sales CAGR 5Y: —
Profit CAGR 3Y: +13.33%
Profit CAGR 5Y: —
Sales YoY (TTM): -18.89%
Profit YoY (TTM): -40.73%

Consolidated

Sales CAGR 3Y: +12.13%
Sales CAGR 5Y: —
Profit CAGR 3Y: +11.21%
Profit CAGR 5Y: —
Sales YoY (TTM): -11.73%
Profit YoY (TTM): -49.58%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 68.30%

Quarter	September 2026	June 2026
Promoter %	68.30%	68.30%

Holder	Type	Holding	Previous	Change
KARISMA GOODS PRIVATE LIMITED	Promoter Group	20.96%	20.96%	0.00%
TATRAVAGONKA A.S.	Promoter	19.24%	19.24%	0.00%
JUPITER METAL SPRING PRIVATE LIMITED	Promoter Group	10.15%	10.15%	0.00%
ANISH CONSULTANTS & CREDITS PVT LTD	Promoter Group	3.59%	3.59%	0.00%
MURARI LAL LOHIA	Promoter	3.57%	3.57%	0.00%
JUPITER FORGINGS AND STEEL PVT LTD	Promoter Group	3.50%	3.50%	0.00%
GOTHIC CORPORATION	Public	3.06%	3.06%	0.00%
VIKASH LOHIA	Promoter	2.67%	2.67%	0.00%
ATYANT CAPITAL INDIA FUND - I	Public	2.11%	2.11%	0.00%
VIVEK LOHIA	Promoter	1.82%	1.82%	0.00%
MURARI LAL LOHIA HUF	Promoter Group	1.71%	1.71%	0.00%
VANDERBILT UNIVERSITY	Public	1.19%	1.19%	0.00%
THE DUKE ENDOWMENT	Public	1.17%	1.17%	0.00%
GOTHIC HSP CORPORATION	Public	1.17%	1.17%	0.00%
USHA LOHIA	Promoter Group	0.45%	0.45%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
TITAGARH RAIL SYSTEMS LIMITED	9,311	691.35	48.69	9.90%	-10.22% TTM	-19.94% TTM	-21.36%
JUPITER WAGONS LIMITED	8,426	197.15	52.31	9.60%	-11.73% TTM	-49.58% TTM	-38.87%
Texmaco Rail & Engineering Limited	4,384	107.76	20.46	13.40%	-14.32% TTM	-2.15% TTM	-19.85%
ORIENTAL RAIL INFRASTRUCTURE LIMITED	789	117.65	15.24	18.20%	+16.13% TTM	+75.82% TTM	-30.45%

Filings & corporate actions

Recent announcements

Please find the enclosed announcement.4 Nov 2026 · Company Update / General
Please find enclosed announcement on incorporation of a subsidiary.3 Nov 2026 · Company Update / Acquisition
Please find enclosed the announcement.2 Nov 2026 · Company Update / General
Please find enclosed a copy of the Press Release to be issued by the Company.2 Nov 2026 · Company Update / Press Release / Media Release
Please find enclosed a copy of the Press Release to be issued by the Company.29 Oct 2026 · Company Update / Press Release / Media Release
Please find the enclosed attachment.29 Oct 2026 · Company Update / General
Please find the enclosed a copy Press Release, to be issued by the Company.23 Oct 2026 · Company Update / Press Release / Media Release
Please find the enclosed Announcements23 Oct 2026 · Company Update / General
Please find the enclosed Certificate for the Quarter ended 30.09.20267 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed copy of the Press Release to be issued by the Company.5 Oct 2026 · Company Update / Press Release / Media Release
Reply to clarification on increase in the volume of Company''s security1 Oct 2026 · Company Update / General
The Exchange has sought clarification from Jupiter Wagons Ltd on October 1, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.1 Oct 2026 · Company Update / Clarification
Reply to clarification on increase in the volume of Company''s security1 Oct 2026 · Company Update / General
Please find the enclosed disclosure1 Oct 2026 · Company Update / Credit Rating
Please find enclosed the Scrutinizer''s Report30 Sep 2026 · AGM/EGM / AGM
Please find the enclosed outcome of 46th Annual General Meeting of the Company29 Sep 2026 · AGM/EGM / AGM
Please find the enclosed intimation for closure of Trading Window for the quarter and half year ended 30.09.2026.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations')23 Sep 2026 · Company Update / Analyst / Investor Meet
Please find enclosed announcement on incorporation of a subsidiary.15 Sep 2026 · Company Update / Acquisition
Please find the enclosed BRSR for the FY2025-26, in reference to the BRSR submitted on 5th September, 2026.11 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find the enclsoed press release to be issued by the Company.8 Sep 2026 · Company Update / Press Release / Media Release
Please find the enclosed copy of newspaper publication w.r.t. 46th AGM of the Company.7 Sep 2026 · Company Update / Newspaper Publication
Please find the enclsoed copy of letter.5 Sep 2026 · Company Update / General
Please find the enclsoed intimation for Record date for 46th AGM.5 Sep 2026 · Corp. Action / Record Date
Please find the enclosed Annual Report for the Fy 2025-2026.5 Sep 2026 · Others / Reg. 34 (1) Annual Report
Please find the enclosed BRSR Report for the Fy 2025-2026.5 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find the enclsoed notice for 46th Annual General Meeting scheduled to held on Tuesday, 29th September,2026 at 01:00 p.m..5 Sep 2026 · AGM/EGM / AGM
Please find the enclosed newspaper publication.26 Aug 2026 · Company Update / Newspaper Publication
Please find the enclosed transcript.21 Aug 2026 · Company Update / Earnings Call Transcript
Audio Recording for Investor/Analyst Meet call pertaining to the Unaudited Financial Results of the Company for the Q1 FY 202718 Aug 2026 · Company Update / Analyst / Investor Meet
Please find the enclosed newspaper publication.17 Aug 2026 · Company Update / Newspaper Publication
Please find the enclosed intimation of investor meet.17 Aug 2026 · Company Update / Analyst / Investor Meet
Please find enclosed the Investor Presentation on the results for the Q1 FY202714 Aug 2026 · Company Update / Investor Presentation
Please find enclosed the Monitoring Agency Report(s) for the quarter ended June 30, 202614 Aug 2026 · Company Update / Monitoring Agency Report
Please find enclosed the Statement of Deviation or Variation.14 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Please find the enclosed outcome.14 Aug 2026 · Result / Financial Results
Please find the enclosed outcome of Board Meeting.14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Please find the enclosed intimation regarding Investor Meet.13 Aug 2026 · Company Update / Analyst / Investor Meet
Jupiter Wagons Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of ....10 Aug 2026 · Board Meeting / Board Meeting
Please find the enclosed Press Release to be issued by the Company.10 Aug 2026 · Company Update / Press Release / Media Release

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 1.0000	30 May 2025	30 May 2025	—
Interim Dividend - Rs. - 1.0000	7 Oct 2024	7 Oct 2024	—
Final Dividend - Rs. - 0.3000	5 Sep 2024	—	—

Board meetings

14 Aug 2026 Board Meeting - Financial Results