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Jupiter Wagons Ltd

JWL

Jupiter Wagons Ltd

JWL
IndustrialsRail
SmallcapWith a market cap of ₹18,710 cr, stock is ranked 342
High RiskStock is 3.95x as volatile as Nifty
426.803.18% (-14.00)
426.803.18% (-14.00)

Price Chart

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Returns
1D
1W
1M
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5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsRail
SmallcapWith a market cap of ₹18,710 cr, stock is ranked 342
High RiskStock is 3.95x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsRail
SmallcapWith a market cap of ₹18,710 cr, stock is ranked 342
High RiskStock is 3.95x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
50.8011.470.13%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
47.666.650.57%

Forecast & Ratings

Detailed Forecast 
33%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Jupiter Wagons Limited, formerly Commercial Engineers & Body Builders Company Limited, is a manufacturer of railway wagons, passenger coaches, wagon components and castings in India.

Investor Presentation

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Nov 8, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

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Financial YearFY 2021FY 2022FY 2023FY 2024TTM
Total Revenue997.581,181.742,073.343,668.283,934.45
Raw Materialssubtract739.63916.891,580.082,846.053,355.89
Power & Fuel Costsubtract23.7025.1833.5147.94
Employee Costsubtract26.2033.8341.9551.41
Selling & Administrative Expensessubtract25.5727.4434.8350.25
Operating & Other expensessubtract74.4061.22128.61161.56
Depreciation/Amortizationsubtract21.1823.3824.9828.1639.71
Interest & Other Itemssubtract21.1218.1728.8941.0051.53
Taxes & Other Itemssubtract12.4025.9779.71110.35119.04
EPS1.381.283.128.298.93
DPS0.000.000.500.600.60
Payout ratio0.000.000.160.070.07

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2023

Annual report

PDF

Investor Presentation

Feb 14PDF
Nov 12PDF
Aug 12PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 7PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 8PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsRail

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Jupiter Wagons Ltd56.4311.470.13%
Ramkrishna Forgings Ltd50.126.380.21%
BEML Ltd54.665.770.56%
Titagarh Rail Systems Ltd52.366.750.07%

Price Comparison

Compare JWL with any stock or ETF
Compare JWL with any stock or ETF
JWL
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 2.02%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.67%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding68.11%1.48%0.52%3.45%26.45%

Mar 2024

Jun 2024

Jul 2024

Sep 2024

Shareholding History

SepDec '23MarJunJulSep0.85%1.26%2.28%4.14%5.34%3.45%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Jupiter Wagons Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Bandhan Small Cap Fund - Growth - Direct Plan

Growth
0.3675%0.79%0.28%106/193 (+10)
TATA ASSET MANAGEMENT LTD#TATA MF-TATA RETIREMENT SAVINGS FUND-PROGRESSIVE-DIRECT PLAN-GROWTH

Growth
0.2233%2.00%-0.19%43/68 (-4)
TATA ASSET MANAGEMENT LTD#TATA MF-TATA RETIREMENT SAVINGS FUND-MODERATE-DIRECT PLAN-GROWTH

Growth
0.2034%1.76%-0.15%46/79 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Jupiter Wagons Ltd

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateOct 7, 2024

Interim
Interim | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Oct 7, 2024

Cash Dividend

Ex DateEx DateSep 5, 2024

Final
Final | Div/Share: ₹0.30

Dividend/Share

0.30

Ex DateEx Date

Sep 5, 2024

Cash Dividend

Ex DateEx DateFeb 29, 2024

Interim
Interim | Div/Share: ₹0.30

Dividend/Share

0.30

Ex DateEx Date

Feb 29, 2024

Cash Dividend

Ex DateEx DateSep 12, 2023

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Sep 12, 2023

News & Opinions
Spotlight
Jupiter Wagons Q2 PAT rises 9% YoY to Rs 90 cr

Revenue from operations jumped 14.75% YoY to Rs 1,009.04 crore in the quarter ended 30 September 2024. Profit before tax grew 8.83% to Rs 119.18 crore in Q2 FY25 as compared to Rs 109.51 crore recorded in the corresponding quarter last year. EBITDA stood at Rs 139.45 crore in Q2 FY25, registering a growth of 15.5% YoY. EBITDA margin improved to 13.8% in Q2 FY25 as against 13.7% posted in Q2 FY24. As of 30th September 2024, the company's order book stands at Rs 6,643.66 crore. On half year basis, the company's consolidated net profit surged 25.34% YoY to Rs 181.66 crore in H1 FY24 as compared to Rs 144.93 crore recorded in H1 FY25. Revenue from operations increased 15.70 YoY to Rs 1,888.90 in H1 FY25. Vivek Lohia, Managing Director of Jupiter Wagons, said, 'This quarter, we made a strategic decision to strengthen our foothold in the electric truck and railway battery sectors through the acquisition of Log9's battery assets by our wholly owned subsidiary Jupiter Electric Mobility (JEM). Additionally, our offerings of BESS containers, crucial for solar and data centre energy storage. continue to garner rising interest thereby opening more opportunities in both domestic and international markets. Lastly, we have rebranded our subsidiary, Bonatrans India Private Limited to Jupiter Tatravagonka Rail Wheel Factory Private Limited even as we unveiled plans to increase capacity for wheelsets manifold through investment of Rs. 2,50,000 lakh in a new facility on Odisha. Even as we are poised to steadily growth our wagon business through capacity enhancement of our foundry, our businesses of safety systems, track components, eLCVs, wheelsets as well as high-speed brake systems for passenger and freight are poised to grow strongly ensuring that non-wagon businesses will significantly contribute to our revenue in the coming years, highlighting our strategic shift. We are excited to see our strategies take shape even as we continue to focus on value creation for stakeholders, as our Board approved an increased interim dividend in October 2024. At Jupiter, we are not just building the future of transportation'we're leading it with a strong commitment to innovation and sustainability in order to transform the mobility landscape'. Jupiter Wagons is engaged in the business of manufacturing railway wagons, wagon components, castings, metal fabrication comprising load bodies for commercial vehicles, rail freight wagons and components with manufacturing facilities at Hooghly (WB), Jabalpur (MP), Indore (MP) and Jamshedpur (Jharkhand). Shares of Jupiter Wagons slipped 3.09% to Rs 494.15 on Friday, 8 November 2024. Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
Jupiter Wagons consolidated net profit rises 9.35% in the September 2024 quarter

Net profit of Jupiter Wagons rose 9.35% to Rs 89.74 crore in the quarter ended September 2024 as against Rs 82.07 crore during the previous quarter ended September 2023. Sales rose 14.75% to Rs 1009.04 crore in the quarter ended September 2024 as against Rs 879.30 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1009.04879.30 15 OPM %13.7713.73 - PBDT131.95116.64 13 PBT119.18109.51 9 NP89.7482.07 9 Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Jupiter Wagons announces board meeting date

Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Jupiter Wagons spurts after acquisition

Jupiter Electric Mobility (JEM), a subsidiary of JWL, announced a landmark acquisition of Log9's technology and business assets for its railway battery and electric truck battery divisions. The acquisition includes the engineering and production teams dedicated to railway and electric truck battery technologies, who will now become part of JEM's dynamic workforce. Additionally, JEM will acquire Log9's manufacturing facility located in Devanahalli, Bangalore. Bangalore-based Log9 Materials is a pioneering deep-tech company, specializing in advanced, high-performance battery solutions designed to meet the rigorous demands of India's electric mobility, logistics, and industrial sectors. This strategic merger enhances JEM's capabilities in the electric truck segment by enabling backward integration into battery production'an essential component of its electric light commercial vehicles (e-LCVs). With this addition, JEM will be better equipped to design, engineer, and produce in-house battery solutions, strengthening its position in a highly competitive market. By adding this vital battery division, JEM is positioned to support a range of applications in the Indian Railways segment. Notably, JEM and Log9 have already seen success in piloting battery products with Indian Railways, recently securing an order for Vande Bharat batteries in collaboration with Siemens. Jupiter Wagons (JWL) is a diversified company offering a wide range of mobility solutions. Its product portfolio includes freight wagons, locomotives, passenger coaches, braking systems, metro coaches, commercial vehicles, and more. JWL has manufacturing facilities across India and strategic partnerships with global leaders. With a strong focus on innovation and technology, JWL caters to various industries, including railways, metro rail, automotive, and infrastructure. The company has a strong customer base, including Indian Railways, American Railroads, and major automotive manufacturers. The company's consolidated net profit jumped 46.19% YoY to Rs 91.88 crore in Q1 FY25. Net sales increased 16.82% YoY to Rs 879.86 crore in Q1 FY25. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Board of Jupiter Wagons recommends interim dividend

Jupiter Wagons announced that the Board of Directors of the Company at its meeting held on 18 September 2024, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Jupiter Wagons fixes record date for interim dividend

Jupiter Wagons has fixed 07 October 2024 as record date for interim dividend of Re 1 per share of Rs 10 each fully paid up for FY 2024-25. The dividend will be paid on or before 17 October 2024. Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Jupiter Wagons announces strategic transformation of Bonatrans India

In addition, the company announced significant capacity expansion plans for this subsidiary, with the establishment of a new facility featuring state-of-the-art production lines for forged wheelsets. The new plant, located in Odisha, will increase the annual production capacity of Jupiter Tatravagonka Railwheel Factory from the current 20,000 forged wheelsets per annum to 100,000 forged wheelsets per annum by investment of approximately Rs 2,500 crore. The facility is expected to be fully operational by calendar year 2027. Once completed, it will serve both domestic and international markets, with approximately 50% of the production capacity dedicated to exports, primarily to its partner Tatravagonka A.S and other European players. The project will also enhance operational efficiency in the company's wagon manufacturing business through complete backward integration. By establishing this integrated forging line, the company aims to streamline production processes, ensure superior quality control, and secure the timely availability of critical components for its wagon manufacturing operations. Jupiter Wagons has awarded a contract to Schuler Pressen GmbH, a renowned German engineering company known for its cutting-edge forging technology, for the supply and erection of the fully integrated forged wheel and axle line. Vivek Lohia, managing director of Jupiter Wagons, said, 'We are excited to announce the transformation of our subsidiary, now named Jupiter Tatravagonka Railwheel Factory. The investment in a new facility housing state-of-the-art manufacturing technology, positions us for greater growth and efficiency. Jupiter Wagons continues to take bold steps toward a more sustainable, efficient, and globally competitive future for the rail infrastructure manufacturing industry in India. This latest investment underscores our vision of innovation and excellence as we now aim to deliver world-class products to global markets.' Jupiter Wagons Limited (JWL) is a provider of comprehensive mobility solutions, with diverse offerings across Freight Wagons, Locomotives, Passenger Coaches (LHB), Braking Systems, Metro Coach, Commercial Vehicles, ISO Marine Containers, and products such as Couplers, Draft Gears, Bogies, and CMS Crossings. JWL has manufacturing facilities located in Kolkata, Jamshedpur, Indore, and Jabalpur. The company's consolidated net profit jumped 46.19% YoY to Rs 91.88 crore in Q1 FY25. Net sales increased 16.82% YoY to Rs 879.86 crore in Q1 FY25. The counter declined 2.36% to Rs 532.60 on the BSE.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Jupiter Wagons announces board meeting date

Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 18 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Jupiter Wagons to conduct AGM

Jupiter Wagons announced that the Annual General Meeting (AGM) of the company will be held on 12 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Jupiter Wagons to declare Quarterly Result

Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 25 July 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live