MarketFriction

Jupiter Wagons Ltd

NSE JWL · BSE 533272 · Railway Wagons
₹223.93 -3.94%
NSE close2026-10-01
52 week range218.45 - 358.25
Market cap₹9,394 Cr.
P/E52.8
Nifty 500Smallcap 250 Price band 20% Delivery 21.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8798961,1158801,0091,0301,045459786890780671
Expenses759773970743870887898400683778701606
Operating Profit121123146137139143147591031137965
OPM %14%14%13%16%14%14%14%13%13%13%10%10%
Other Income6512810151217-09210
Interest101111131714171619181617
Depreciation778121314151616171819
Profit before tax1101101391201191301274468874639
Tax %25%26%25%23%25%26%20%29%33%28%41%32%
Net Profit82811059289961033145622726
EPS in Rs2.051.982.552.232.112.292.430.771.101.470.670.66
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9961,1782,0683,6443,9632,9163,127
Expenses8891,0651,8193,1573,3982,5622,768
Operating Profit106114249487566354359
OPM %11%10%12%13%14%12%11%
Other Income23525442821
Interest21182941607071
Depreciation21232528546770
Profit before tax6676200442496245240
Tax %19%34%40%25%23%32%
Net Profit5350121331380166161
EPS in Rs5.975.553.128.049.004.003.90
Dividend Payout %0%0%16%7%14%25%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%24%12%-12%
Compounded Profit Growth%28%15%-45%
Stock Price CAGR33%46%-12%-34%
Return on Equity%14%14%6%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital387387387412424427
Reserves2462954161,2042,3302,551
Borrowings138139288349502996
Other Liabilities220250543975743738
Total Liabilities9911,0721,6342,9403,9994,712
Fixed Assets4184284648319721,115
CWIP2122275466270
Investments281193164236
Other Assets5506151,1311,9622,7973,092
Total Assets9911,0721,6342,9403,9994,712
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity676078-191049
Cash from Investing Activity-60-49-122-464-628-688
Cash from Financing Activity22-17121489842454
Net Cash Flow30-6765318-224
Free Cash Flow37239-143-403-524
CFO/OP67%54%35%18%39%28%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days262238497595
Inventory Days12013011412794188
Days Payable705846715069
Cash Conversion Cycle7794106105119213
Working Capital Days344425446288
ROCE %12%24%31%21%9%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.37%70.12%70.12%70.12%68.11%68.11%68.11%68.11%68.09%68.31%68.31%68.31%
FIIs0.86%1.26%2.28%4.14%3.45%3.44%3.86%4.45%4.42%4.48%4.19%3.47%
DIIs1.01%2.05%1.92%0.92%2.00%1.73%1.71%1.39%1.03%0.75%0.78%0.79%
Public25.77%26.55%25.68%24.82%26.43%26.70%26.32%26.06%26.46%26.45%26.70%27.43%
No. of Shareholders96,7071,27,3241,75,6692,27,4732,93,3063,09,7673,83,4183,81,2373,87,6363,88,2943,86,4283,83,497

Fundamentals

Market Cap₹ 9,394 Cr.
Current Price₹ 220
Stock P/E52.8
Book Value₹ 69.7
ROCE9.14 %
ROE6.37 %
Dividend Yield0.45 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-12%
Compounded Profit Growth (TTM)-45%
Consolidated figures.
Valuation
Market capRs 8,676 Cr
Enterprise valueRs 8,746 Cr
P/E (TTM)52.07x
Price to book12.71x
Price to sales2.77x
EV / EBITDA23.00x
EV / EBIT28.14x
EV / sales2.80x
Price to cash flow145.77x
Earnings yield1.92%
Profitability
Operating margin (excl. other income)9.66%
Operating margin (incl. other income)9.95%
EBITDA margin12.16%
Pre-tax margin7.67%
Net profit margin5.33%
Net margin, latest quarter4.21%
ROE7.55%
ROCE11.78%
ROA4.82%
ROIC (approx.)27.09%
Tax rate34.36%
Other income / net worth0.50%
Growth
Sales growth (latest year)18.34%
Profit growth (latest year)-6.97%
Sales growth QoQ-14.02%
Profit growth QoQ-2.01%
Sales growth YoY (latest quarter)46.02%
Profit growth YoY (latest quarter)-13.61%
Per share
EPS (TTM)Rs 4.30
EPS (latest year)Rs 1.28
EPS (latest quarter)Rs 0.73
Book value per shareRs 17.62
Sales per shareRs 80.71
Cash flow per shareRs 1.54
Free cash flow per shareRs -13.52
Efficiency
Asset turnover1.10x
Fixed asset turnover2.76x
Inventory turnover3.13x
Inventory days117 days
Debtor days22 days
Debtors turnover16.60x
Creditor days69 days
Cash conversion cycle213 days
Working capital days88 days
Leverage
Total debtRs 139 Cr
Cash and bankRs 69 Cr
Net debtRs 70 Cr
Debt to equity0.20x
Net debt / EBITDA0.18x
Interest coverage4.37x
Current ratio (filing 2026-03-31)2.00x
Quick ratio (filing 2026-03-31)1.20x
Trade payables (filing 2026-03-31)Rs 398 Cr
Owners' fund to total sources63.66%
Debt to assets12.98%
Cash flow
Cash from Operating Activity (latest year)Rs 60 Cr
Cash from Investing Activity (latest year)Rs -49 Cr
Cash from Financing Activity (latest year)Rs -17 Cr
Net Cash Flow (latest year)Rs -6 Cr
Free cash flow (latest year)Rs -524 Cr
FCFE (approx.: FCF + change in debt)Rs -522 Cr
Cash from ops / profit, 5 years0.22x
Sales to cash flow19.80x
Statement figures
Net sales (TTM)Rs 3,127 Cr
Net sales (latest year)Rs 1,178 Cr
Sales (latest quarter)Rs 671 Cr
Operating profit excl. other income (latest year)Rs 114 Cr
Operating profit (latest quarter)Rs 65 Cr
Other income (TTM)Rs 21 Cr
EBITDA (TTM)Rs 380 Cr
PBDT (TTM)Rs 309 Cr
Profit before tax (TTM)Rs 240 Cr
Tax (latest year)Rs 26 Cr
Net profit (TTM)Rs 167 Cr
Net profit (latest year)Rs 50 Cr
Net profit (latest quarter)Rs 28 Cr
Depreciation (TTM)Rs 70 Cr
Depreciation (latest quarter)Rs 19 Cr
Interest (TTM)Rs 71 Cr
Cost of goods sold (latest year)Rs 1,000 Cr
Total expenditure (latest year)Rs 1,065 Cr
Total income (latest year)Rs 1,182 Cr
Share capitalRs 387 Cr
ReservesRs 295 Cr
Shareholders' fundsRs 683 Cr
Total assetsRs 1,072 Cr
Net blockRs 428 Cr
Capital work in progressRs 22 Cr
InvestmentsRs 8 Cr
ReceivablesRs 71 Cr
InventoryRs 319 Cr
Other liabilitiesRs 250 Cr
Shares outstanding (crore)38.74
Ownership
Promoter holding68.31% (+0.20 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodJWLNifty 50Difference
1 week-1.8%-2.8% +1.0 pts
1 month-7.6%-6.8% -0.8 pts
3 months-14.6%-7.6% -7.0 pts
6 months-6.0%+0.4% -6.4 pts
1 year-30.9%-9.9% -20.9 pts
2 years-58.5%-13.6% -44.9 pts
3 years-31.6%+14.2% -45.7 pts
5 years+570.4%+27.9% +542.6 pts
32 mutual fund schemes hold about ₹73 Cr. Over three months 3 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Bandhan Small Cap Fund0.17%57 -12%
Nippon India Nifty Smallcap 250 Index Fund0.15%5 +1%
SBI Nifty Smallcap 250 Index Fund0.15%3 +1%
Motilal Oswal Nifty Smallcap 250 Index Fund0.15%2 +1%
ICICI Pru Nifty Smallcap 250 Index Fund0.15%1 +1%
HDFC NIFTY Smallcap 250 Index Fund0.15%1 +1%
Nippon India Nifty 500 Equal Weight Index Fund0.19%1 +9%
JioBlackRock Nifty Smallcap 250 Index Fund0.15%1 +1%
Motilal Oswal Nifty 500 Index Fund0.02%1 +4%
Edelweiss Nifty Smallcap 250 Index Fund0.15%0 +1%
Groww Nifty Smallcap 250 Index Fund0.15%0 +1%
HDFC Nifty500 Multicap 50:25:25 Index Fund0.04%0 +3%
Bandhan Nifty Smallcap 250 Index Fund0.15%0 +1%
Kotak Nifty Smallcap 250 Index Fund0.15%0 +1%
SBI Nifty 500 Index Fund0.02%0 +4%
Navi Nifty Smallcap250 Momentum Quality 100 Index Fund0.21%0 -5%
Groww Nifty Total Market Index Fund0.02%0 +4%
UTI Nifty500 Shariah Index Fund0.05%0 -4%
Axis Nifty 500 Index Fund0.02%0 +4%
HDFC BSE 500 Index Fund0.02%0 -0%
DSP Nifty Smallcap 250 Index Fund0.15%0 +1%
ICICI Pru Nifty 500 Index Fund0.02%0 +4%
Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund0.21%0 -5%
UTI Nifty 500 Index Fund0.02%0 +100%
Angel One Nifty Total Market Index Fund0.01%0 +3%

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹671 Cr +46.2% vs Jun 2025. Net profit ₹26 Cr -16.1%.
Against our estimate for Jun 2026: sales +81.5%, profit +12.7% in line. Our estimate for Sep 2026: sales Rs 868 Cr, profit Rs 42 Cr (how).

Activity

Compare
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Texmaco Rail & Engineering Ltd5,11323.611.2 %
No bulk or block deals on record.
Ex-dateActionFactor
2025-05-30Interim Dividend - Rs 1 Per Share
2024-10-07Interim Dividend - Re 1 Per Share
2024-09-05Dividend - Re 0.30 Per Share
2024-09-05Annual General Meeting
2024-02-29Interim Dividend - Re 0.30 Per Share
2023-09-12Annual General Meeting/Dividend - Re 0.50 Per Share
2021-09-23 Annual General Meeting
2020-09-17 Annual General Meeting
2019-09-23 Annual General Meeting
2019-02-28 Extra Ordinary General Meeting
2019-01-01 Extra Ordinary General Meeting
2018-09-21 Annual General Meeting
2017-09-14 Annual General Meeting
2016-09-19 Annual General Meeting
2015-09-04 Annual General Meeting
2014-09-24Annual General Meeting
2012-09-21Annual General Meeting
2011-09-19Annual General Meeting
DateTypeWhat it says
2026-10-01General UpdatesThe clarification on increase in the volume of Companys security
2026-10-01Credit RatingCredit Rating
2026-10-01Volume querySignificant increase in volume has been observed in Jupiter Wagons Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-09-30Volume querySignificant increase in volume has been observed in Jupiter Wagons Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-09-30Shareholder meetingVoting results.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Jupiter Wagons Ltd?

Jupiter Wagons Ltd (JWL) has a market capitalisation of Rs 9,394 Cr. at the 2026-10-01 close.

What is the P/E ratio of Jupiter Wagons Ltd?

Jupiter Wagons Ltd trades at a P/E of 52.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Jupiter Wagons Ltd's latest quarterly results?

In the Jun 2026 quarter, Jupiter Wagons Ltd sales was Rs 671 Cr (+46.2% vs Jun 2025) and net profit was Rs 26 Cr.

What is the 52-week high and low of Jupiter Wagons Ltd?

The 52-week high is Rs 358.25 and the 52-week low is Rs 218.45.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03