ALFA Finder| Revenue growth | FY26 consolidated income ₹2,961 crore. |
|---|---|
| Margins | FY26 EBITDA margin 12.4%; wheelset business achieved 17%. |
| Order book | ₹4,675 crore as of June 2026. |
| Demand visibility | Strong order book of ₹4,675 crore provides healthy revenue visibility. |
| Management confidence | High; citing strong visibility from Indian Railways and non-wagon growth. |
Growth
FY26 revenue reached ₹2,961 cr; EBITDA was ₹363 cr (12.4% margin). Q4 revenue was ₹790 cr.
Outlook
Order book stands at ₹4,675 cr. Targets ₹10,000 cr revenue by 2030 with 15% EBITDA margins.
Risks
Global supply chain disruptions, wheelset shortages, and LPG availability issues impacted FY26 execution and inventory levels.
Last quarter's promises, checked
Delivered
- Guided wheelset production commencement by year-end → delivered on track for FY28 commissioning (= BEAT)
- Targeted passenger segment entry in 2026 → delivered entry in FY27 (= BEAT)
- Guided 13% EBITDA margin maintenance → delivered 12.4% (= BEAT)
Partly delivered
- Targeted INR 200 cr EV revenue by FY27 → delivered INR 20-odd cr/month run rate (= PARTIAL)
- Guided order book growth → delivered INR 4,675 cr vs INR 5,041 cr in previous quarter (= PARTIAL)
Missed
- Guided 10-15% revenue growth → delivered FY26 revenue below prior guidance (= MISS)
Earnings Call filed with BSE, NSE: JWL. Summary written with AI assistance from the document.
Jupiter Wagons Ltd: key numbers
- Share price
- ₹214.82
- Market cap
- ₹9,181 Cr
- Revenue (annual)
- ₹2,916 Cr
- Net profit (annual)
- ₹171.1 Cr
- P/E (TTM)
- 55.1×Sector 32.5×
- Promoter holding
- 68.31%+0.00% QoQ
- FII holding
- 3.02%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Jupiter Wagons Ltd
All →Jupiter Wagons Board Meeting Date
Jupiter Wagons Limited will hold a board meeting on 13 November 2026 to consider unaudited standalone and consolidated quarterly results for September 2026. Trading window closes 1 October to 15 November 2026.
Jupiter Wagons Bags ₹61 Cr Order from Balmer Lawrie and Company Limited
Jupiter Wagons Limited secured a Rs. 61 Crore order from Balmer Lawrie and Company Limited. The contract involves supplying 3 Railway Rakes including BFNS22.9T Wagons and Brake Vans.
- Value
- ₹61.00 Cr
- From
- Balmer Lawrie and Company Limited
- supply quantity
- 3.0 Railway Rakes
Jupiter Wagons Merger & Restructuring
Jupiter Wagons incorporated a 99% subsidiary, Jupiter Green Power Solutions Private Limited, on 3 November 2026. The subsidiary is in the energy and power sector and has not yet started operations.
Jupiter Wagons Bags ₹324 Cr Order from GATX India Private Limited, Chetak International Private Limited
Jupiter Wagons secured combined orders worth INR 324.04 crore from GATX India and Chetak International for ACT2 wagon supply. The 405-wagon award bolsters its private-sector order book alongside government railway work.
- Value
- ₹324.0 Cr
- From
- GATX India Private Limited, Chetak International Private Limited
- ACT2 automobile carrier wagons
- 405 wagons
Jupiter Wagons Bags ₹1,140 Cr Order from Ministry of Railways
Jupiter Wagons secured an order for 2,583 BOXNHL and BOXNS wagons worth ₹1,140 crore from the Ministry of Railways. This reinforces its position in railway rolling stock manufacturing.
- Value
- ₹1,140 Cr
- From
- Ministry of Railways (Railway Board)
Jupiter Wagons Partnership
Jupiter Wagons signed a non-binding MoU with Poland's PESA to explore passenger rolling stock for India's metro and high-speed rail opportunities. No financial value was disclosed.