āagman

Not investment advice. Data and computed figures, for information only.

Jupiter Wagons Ltd

NSE: JWL
₹205.62
+₹3.60 (+1.78%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹9,163 Cr
CMP
₹205.62
52-wk High / Low
₹358 / 200
P/E
51.5
P/B
3.1
Book Value
₹69.7
Div Yield
0.47%
ROCE
9.0%
ROE
6.4%
Face Value
₹10
D/E
0.33

Price−37.3% over 1Y

āagman read

Computed by āagman
Derived from 6 years and 14 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
2
/ 9
2 of 9 F-score tests passed
Graham Number
₹79
√(22.5 × EPS × book value per share)
ROIC
4.9%
vs 12.3% sector median
Cash flow to profit
0.05
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−317
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
4.8%
ROE × earnings retention ratio
ROE stability
5.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −1.17DII +0.02
Latest quarter vs the previous one
Cash-accrual divergence
3.6%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 3.0pp over the last year
Watch-outs
−Latest ROCE of 9% trails the sector median of 19%
−Price trades below its 200-day moving average (0.8x)
−Price is 42.6% below its 52-week high
−Promoter holding fell by 6.3pp over the last year
−Piotroski F-Score of 2/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7538798961,1158801,0091,0301,045459786890780671
Expenses657759773970743870887898400683778701606
Operating Profit97121123146137139143147591031137965
OPM %12.9%13.8%13.7%13.1%15.6%13.8%13.9%14.1%12.9%13.1%12.7%10.1%9.7%
Other Income2651281015121709210
Interest8101111131714171619181617
Depreciation7778121314151616171819
Profit before tax841101101391201191301274468874639
Net Profit6382811059289961033145622726
EPS (₹)1.572.051.982.552.232.112.292.430.771.101.470.670.66

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 6 years + TTM
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9961,1782,0683,6443,9632,9163,127
Expenses8891,0651,8193,1573,3982,5622,768
Operating Profit106114249487566354359
OPM %10.6%9.7%12.0%13.4%14.3%12.1%11.5%
Other Income23525442821
Interest21182941607071
Depreciation21232528546770
Profit before tax6676200442496245240
Net Profit5350121331380166161
EPS (₹)5.975.553.128.049.004.003.90

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 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—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
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

Ratios

As of 31 Mar 2026
6 periods
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—12.024.031.021.09.0
ROE %—————6.4
EPS (₹)5.975.553.128.049.004.00
Book Value (₹)—————69.7
Face Value (₹)—————10
P/E—————51.5
Div Yield %—————0.47
NPM %5.34.25.89.09.55.6
OPM %11.010.012.013.014.012.0
D/E0.220.200.360.220.180.33
P/B—————3.1

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+24.0%
3 years+12.0%
TTM−12.0%
Compounded profit growth
5 years+28.0%
3 years+15.0%
TTM−45.0%
Stock price CAGR
10 years+31.0%
5 years+44.0%
3 years−12.0%
Last year−36.0%
Return on equity
5 years14.0%
3 years14.0%
Last year6.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters55.23%55.23%55.23%55.19%60.71%60.65%60.65%60.65%74.62%70.12%68.11%68.31%68.31%
FIIs0.01%0.01%0.01%0.00%0.00%0.00%0.00%0.07%0.01%2.28%3.86%4.19%3.02%
DIIs1.53%1.53%1.53%0.00%9.33%9.33%9.33%9.33%1.49%1.92%1.71%0.78%0.80%
Government—————————————
Public43.22%43.22%43.22%44.81%29.96%30.02%30.02%29.95%23.88%25.68%26.32%26.70%27.87%
No. of shareholders12,85612,85612,85612,47210,76710,71410,74016,22229,7781,75,6693,83,4183,86,4283,74,794
Change since Jun 2023 (pp)
Promoters +13.08FIIs +3.01DIIs −0.73Public −15.35

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseReply To Clarification On Increase In The Volume Of Company''s SecurityClarification sought from Jupiter Wagons LtdReply To Clarification On Increase In The Volume Of Company'S Security
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026PPTAug 2026RecordingJun 2026TranscriptJun 2026PPTJun 2026RecordingFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 30 May 2025
30 May 2025DIVIDENDInterim Dividend - Rs 1 Per Share—
7 Oct 2024DIVIDENDInterim Dividend - Re 1 Per Share—
5 Sep 2024DIVIDENDDividend - Re 0.30 Per Share—
29 Feb 2024DIVIDENDInterim Dividend - Re 0.30 Per Share—
12 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Re 0.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman