Jupiter Wagons
- Market cap
- ₹ 7,386 Cr.
- P/E
- 43.6x
- P/B
- 2.62x
- 52-week range
- 169.08 – 358.25
- ROE
- 6%
- ROCE
- 9%
- Dividend yield
- 0%
- Debt / equity
- 0.33
- Sector
- Industrial Manufacturing
- Industry
- Railway Wagons
- Listed on
- NSE, BSE
About
Jupiter Wagons Limited is an integrated railway engineering company for freight wagons and passenger coach items for the Indian Railways. The Company is engaged in the business of metal fabrication, comprising load bodies for commercial vehicles, rail freight wagons, and manufacturing railway transportation equipment. Its products include wagons, wagon accessories, brake systems, brake discs, complete track solutions, commercial vehicle load bodies, commercial electric vehicles, and containers. It caters to industries such as railways, metro rail, automobile, transportation, logistics, construction equipment, municipalities, healthcare, energy, mining, and infrastructure. The Company provides services to Indian Railways, American Railroads, and the Indian Ministry of Defense. Its subsidiaries are Jupiter Electric Mobility Private Limited, Stone India Limited, Bonatrans India Private Limited, and Habitation RealEstate LLP.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Railway Wagons: 3 companies →Jupiter Wagons against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)43.6 against a typical 43.6: in line than most peers (1st = cheapest).2nd of 3
- Sales growth+46.2% against a typical +12.7% from a year earlier.1st of 3
- Profit growth−16.1% against a typical +71% from a year earlier.3rd of 3
- Share price, 3 months−26.5% against a typical −19.5%.3rd of 3
- Size₹ 7,386.3 Cr. market value against a typical ₹ 7,386.3 Cr. (1st = largest).2nd of 3
Latest announcements
Exchange filings and their impact on the company.
- Jupiter Wagons signed an exploratory MoU with Poland's PESA to enter metro and high-speed passenger trains, with no near-term financial impact.
Jupiter Wagons has signed a non-binding MoU with Poland's Pojazdy Szynowe PESA Bydgoszcz to explore passenger rolling stock opportunities in India. The scope covers metro, semi high-speed and high-speed trains. No order value, investment, or timeline was disclosed, so there is no immediate revenue impact, but it marks Jupiter's strategic entry into the passenger train segment.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA to AA- by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | ACUITE AA | Stable | 30 Sep 2026 |
| CRISIL | Crisil AA- | Stable | 16 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 30 Sep 2026 | Reaffirmed | ACUITE AA | — | Acuite | ₹ 2,327.07 Cr. | |
| 16 Apr 2026 | Reaffirmed | Crisil AA- | — | CRISIL | ₹ 2,241.5 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 19 Dec 2025 | Warrants | Allotted | ₹ 134.99 Cr. | ₹ 470 | −59.47% |
Research by Minerva Capital Research Solutions
Our research team's work on Jupiter WagonsAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 30 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 11 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 11 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 26 May 2025 | Dividend | To consider dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 879 | 896 | 1,115 | 880 | 1,009 | 1,030 | 1,045 | 459 | 786 | 890 | 780 | 671 |
| Expenses | 759 | 773 | 970 | 743 | 870 | 887 | 898 | 400 | 683 | 778 | 701 | 606 |
| Operating Profit | 121 | 123 | 146 | 137 | 139 | 143 | 147 | 59 | 103 | 113 | 79 | 65 |
| OPM % | 14% | 14% | 13% | 16% | 14% | 14% | 14% | 13% | 13% | 13% | 10% | 10% |
| Other Income | 6 | 5 | 12 | 8 | 10 | 15 | 12 | 17 | 0 | 9 | 2 | 10 |
| Interest | 10 | 11 | 11 | 13 | 17 | 14 | 17 | 16 | 19 | 18 | 16 | 17 |
| Depreciation | 7 | 7 | 8 | 12 | 13 | 14 | 15 | 16 | 16 | 17 | 18 | 19 |
| Profit before tax | 110 | 110 | 139 | 120 | 119 | 130 | 127 | 44 | 68 | 87 | 46 | 39 |
| Tax % | 25% | 26% | 25% | 23% | 25% | 26% | 20% | 29% | 33% | 28% | 41% | 32% |
| Net Profit | 82 | 81 | 105 | 92 | 89 | 96 | 103 | 31 | 45 | 62 | 27 | 26 |
| EPS in Rs | 2.05 | 1.98 | 2.55 | 2.23 | 2.11 | 2.29 | 2.43 | 0.77 | 1.1 | 1.47 | 0.67 | 0.66 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 24%
- 3 Years
- 12%
- TTM
- −12%
- 10 Years
- —
- 5 Years
- 28%
- 3 Years
- 15%
- TTM
- −45%
- 10 Years
- 33%
- 5 Years
- 52%
- 3 Years
- −6%
- TTM
- —
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Jupiter Wagons | ₹ 190.50 | ₹ 7,386 Cr. | 43.6x | 2.6x | 6% | — |
| Maruti Suzuki India | ₹ 11,258.95 | ₹ 3,53,984 Cr. | 29.6x | 4.1x | 14.4% | 8% |
| Eicher Motors | ₹ 7,050.00 | ₹ 1,93,538 Cr. | 37.4x | 8.3x | 23.8% | 23.6% |
| Hyundai Motor India | ₹ 1,850.00 | ₹ 1,50,320 Cr. | 29.8x | 8.1x | 29.9% | 7.7% |
| Tata Motors | ₹ 398.00 | ₹ 1,46,575 Cr. | 38.6x | 12x | — | 3.6% |
| Ashok Leyland | ₹ 145.95 | ₹ 85,729 Cr. | 19.7x | 6.4x | 26.2% | 6.6% |
Management
- Abhishek Jaiswal
- Chief Executive Officer, Whole Time Director
- Vinod Kumar Agarwal
- Chief Financial Officer
- Ritesh Kumar Singh
- Compliance Officer, Company Secretary
- Vivek Lohia
- Managing Director, Executive Director
- Vikash Lohia
- Deputy Managing Director, Whole Time Director
- Swapan Kumar Choudhury
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.