| 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
- ₹226.73
- Market cap
- ₹9,690 Cr
- Revenue (annual)
- ₹2,916 Cr
- Net profit (annual)
- ₹171.1 Cr
- P/E (TTM)
- 58.1×Sector 33.6×
- Promoter holding
- 68.31%+0.00% QoQ
- FII holding
- 3.47%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 Merger & Restructuring
Jupiter Wagons Limited has incorporated a new subsidiary named Jupiter Rail Mobility Private Limited to operate within the railway and engineering industry.
Jupiter Wagons Bags ₹97.66 Cr Order from GATX India Private Limited
Jupiter Wagons secured a Rs.97.66 Crore wagon order from GATX India for BFNS22.9 rakes. The deal strengthens its private wagon leasing footprint.
- Value
- ₹97.66 Cr
- From
- GATX India Private Limited
Jupiter Wagons Other Announcement
Jupiter Wagons Limited informed shareholders about accessing the FY 2025-26 Annual Report and 46th AGM notice via web links.
Jupiter Wagons Annual Report
Jupiter Wagons Limited has submitted its Annual Report for the financial year 2025-2026. The document includes the notice convening the 46th Annual General Meeting.
Jupiter Wagons Annual General Meeting
Jupiter Wagons Limited has issued a notice for its 46th Annual General Meeting, scheduled to be held on September 29, 2026.
Jupiter Wagons Earnings Call Transcript: Key Takeaways
Jupiter Wagons delivers strong YoY revenue growth but sequential wagon volumes dipped due to a transition to new private sector designs. Management is pivotally expanding into high-margin wheelsets and BESS to reduce dependency on Indian Railways.
- Call
- Guides 60% growth