JWL

Jupiter Wagons Limited

Jupiter Wagons Limited (JWL) financial statements and selected valuation metrics through 30 June 2026.

Industrials›Capital Goods›Industrial Manufacturing›Railway Wagons

jupiterwagons.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹205.62
Market cap
8,803 Cr
Stock P/E
53.0
P/B
2.95
Dividend yield
0.5%
ROE (FY26)
5.7%
ROCE (FY26)
8.5%
Operating margin (FY26)
10.1%
Debt / equity (FY26)
0.31
OCF / EBITDA (FY26)
2.6%
OCF / EBITDA (3Y)
6.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Jupiter Wagons (JWL) builds freight wagons and rail components such as wheelsets and brake systems for Indian Railways and private wagon owners.

Company snapshot

2ndBy market cap

Ranked among 4 companies in Railway Wagons.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales879 Cr896 Cr1,115 Cr880 Cr1,009 Cr1,030 Cr1,045 Cr459 Cr786 Cr890 Cr780 Cr671 Cr
Operating expenses (approx.)759 Cr771 Cr968 Cr743 Cr870 Cr881 Cr892 Cr400 Cr682 Cr774 Cr697 Cr606 Cr
EBITDA121 Cr124 Cr147 Cr137 Cr139 Cr149 Cr153 Cr60 Cr104 Cr116 Cr83 Cr65 Cr
OPM %13.7%13.9%13.2%15.5%13.8%14.4%14.6%13.0%13.2%13.0%10.7%9.7%
Other income6 Cr5 Cr12 Cr8 Cr10 Cr15 Cr12 Cr17 Cr10 Cr9 Cr9 Cr9 Cr
Interest10 Cr11 Cr11 Cr13 Cr17 Cr14 Cr17 Cr16 Cr19 Cr18 Cr16 Cr17 Cr
Depreciation7 Cr7 Cr8 Cr12 Cr13 Cr14 Cr15 Cr16 Cr16 Cr17 Cr18 Cr19 Cr
Profit before tax110 Cr110 Cr139 Cr119 Cr119 Cr135 Cr127 Cr44 Cr68 Cr87 Cr46 Cr39 Cr
Tax %25.1%25.6%24.7%23.2%25.0%24.5%19.5%29.3%33.2%28.2%41.3%32.3%
Net profit82 Cr81 Cr105 Cr92 Cr89 Cr96 Cr103 Cr31 Cr45 Cr62 Cr27 Cr26 Cr
EPS (₹)₹2.05₹2.03₹2.56₹2.23₹2.12₹2.29₹2.44₹0.77₹1.10₹1.33₹0.67₹0.66

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,178 Cr2,068 Cr3,644 Cr3,963 Cr2,916 CrSign in free for the trailing twelve months
Operating expenses (approx.)1,064 Cr1,816 Cr3,154 Cr3,386 Cr2,553 CrSign in free for the trailing twelve months
EBITDA114 Cr252 Cr489 Cr578 Cr363 CrSign in free for the trailing twelve months
OPM %9.7%12.2%13.4%14.6%12.4%Sign in free for the trailing twelve months
Other income3 Cr5 Cr25 Cr44 Cr46 CrSign in free for the trailing twelve months
Interest18 Cr29 Cr41 Cr60 Cr70 CrSign in free for the trailing twelve months
Depreciation23 Cr25 Cr28 Cr54 Cr67 CrSign in free for the trailing twelve months
Profit before tax76 Cr200 Cr442 Cr496 Cr263 CrSign in free for the trailing twelve months
Tax %34.4%39.8%25.1%23.3%30.1%Sign in free for the trailing twelve months
Net profit50 Cr121 Cr331 Cr380 Cr184 CrSign in free for the trailing twelve months
EPS (₹)₹1.28₹3.12₹8.24₹9.08₹4.02Sign in free for the trailing twelve months
Dividend payout %0.0%0.0%9.8%14.5%23.1%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital387 Cr387 Cr412 Cr424 Cr427 Cr
Reserves295 Cr416 Cr1,204 Cr2,330 Cr2,551 Cr
Borrowings139 Cr288 Cr338 Cr484 Cr938 Cr
Other liabilities251 Cr543 Cr971 Cr747 Cr788 Cr
Total liabilities1,072 Cr1,634 Cr2,940 Cr3,999 Cr4,712 Cr
Fixed assets (net)396 Cr435 Cr619 Cr763 Cr809 Cr
CWIP22 Cr27 Cr53 Cr66 Cr266 Cr
Investments8 Cr11 Cr93 Cr164 Cr236 Cr
Loans & advances0.56 Cr4 Cr4 Cr4 Cr4 Cr
Inventories319 Cr491 Cr983 Cr769 Cr1,079 Cr
Trade receivables71 Cr213 Cr491 Cr815 Cr757 Cr
Cash & bank41 Cr117 Cr123 Cr441 Cr217 Cr
Other assets214 Cr336 Cr574 Cr977 Cr1,345 Cr
Total assets1,072 Cr1,634 Cr2,940 Cr3,999 Cr4,712 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity60 Cr78 Cr-19 Cr104 Cr9 Cr
Cash from investing-49 Cr-122 Cr-465 Cr-608 Cr-688 Cr
Cash from financing-17 Cr121 Cr489 Cr822 Cr454 Cr
Net cash flow-6 Cr76 Cr5 Cr318 Cr-224 Cr
Free cash flow (OCF − Capex)23 Cr5 Cr-144 Cr-404 Cr9 Cr

Ratios

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %11.4%21.0%24.5%17.1%8.5%
ROE %7.3%15.0%20.3%13.8%5.7%
Debtor days2238497594
Inventory days12711312691178
Days payable5746714866
Cash conversion cycle92105104117207
OCF / EBITDA %52.2%30.8%-3.9%18.0%2.6%
OCF / EBITDA % (3 years)——13.8%12.3%6.6%
Debt / equity0.200.360.210.180.31
Current ratio1.591.391.562.202.00
Net debt / EBITDA0.860.680.440.081.99