Jupiter Wagons Ltd
Commercial Engineers & Body Builders Company Ltd (CEBBCO) is primarily involved in the business of manufacturing metal fabrication comprising load bodies for commercial vehicles, rail freight wagons, and components. [1]
- Market Cap ₹ 10,507 Cr.
- Current Price ₹ 246
- High / Low ₹ 373 / 236
- Stock P/E 57.4
- Book Value ₹ 69.7
- Dividend Yield 0.41 %
- ROCE 9.16 %
- ROE 6.39 %
- Face Value ₹ 10.0
Pros
Cons
- Debtor days have increased from 73.0 to 94.7 days.
- Promoter holding has decreased over last 3 years: -4.06%
- Working capital days have increased from 73.5 days to 114 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 996 | 1,178 | 2,068 | 3,644 | 3,963 | 2,916 | |
| 889 | 1,065 | 1,819 | 3,157 | 3,398 | 2,562 | |
| Operating Profit | 106 | 114 | 249 | 487 | 566 | 354 |
| OPM % | 11% | 10% | 12% | 13% | 14% | 12% |
| 2 | 3 | 5 | 25 | 44 | 28 | |
| Interest | 21 | 18 | 29 | 41 | 60 | 70 |
| Depreciation | 21 | 23 | 25 | 28 | 54 | 67 |
| Profit before tax | 66 | 76 | 200 | 442 | 496 | 245 |
| Tax % | 19% | 34% | 40% | 25% | 23% | 32% |
| 53 | 50 | 121 | 331 | 380 | 166 | |
| EPS in Rs | 5.97 | 5.55 | 3.12 | 8.04 | 9.00 | 4.00 |
| Dividend Payout % | 0% | 0% | 16% | 7% | 14% | 25% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 12% |
| TTM: | -26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 15% |
| TTM: | -52% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 49% |
| 3 Years: | 5% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 14% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 387 | 387 | 387 | 412 | 424 | 427 |
| Reserves | 246 | 295 | 416 | 1,204 | 2,330 | 2,551 |
| 138 | 139 | 288 | 349 | 502 | 996 | |
| 220 | 250 | 543 | 975 | 743 | 738 | |
| Total Liabilities | 991 | 1,072 | 1,634 | 2,940 | 3,999 | 4,712 |
| 418 | 428 | 464 | 831 | 972 | 1,119 | |
| CWIP | 21 | 22 | 27 | 54 | 66 | 266 |
| Investments | 2 | 8 | 11 | 93 | 164 | 236 |
| 550 | 615 | 1,131 | 1,962 | 2,797 | 3,092 | |
| Total Assets | 991 | 1,072 | 1,634 | 2,940 | 3,999 | 4,712 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 67 | 60 | 78 | -19 | 104 | 9 | |
| -60 | -49 | -122 | -464 | -628 | -688 | |
| 22 | -17 | 121 | 489 | 842 | 454 | |
| Net Cash Flow | 30 | -6 | 76 | 5 | 318 | -224 |
| Free Cash Flow | 37 | 23 | 9 | -143 | -403 | -524 |
| CFO/OP | 67% | 54% | 35% | 18% | 39% | 28% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 26 | 22 | 38 | 49 | 75 | 95 |
| Inventory Days | 120 | 130 | 114 | 127 | 94 | 188 |
| Days Payable | 70 | 58 | 46 | 71 | 50 | 69 |
| Cash Conversion Cycle | 77 | 94 | 106 | 105 | 119 | 213 |
| Working Capital Days | 34 | 44 | 25 | 44 | 62 | 114 |
| ROCE % | 12% | 24% | 31% | 21% | 9% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| CMS Crossings Dispatched units |
|
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| Commercial Vehicle Bodies & Components Dispatched units |
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| Containers Dispatched units |
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| Railway Wagons Dispatched units |
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| Brake Disc Dispatched units |
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| Order Book INR Crore |
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| Axles Dispatched units |
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| Wheelsets Dispatched units |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Corporate Office Address
9 Jul - On July 9, 2026, Jupiter Wagons appointed two independent directors and moved its corporate office on July 16, 2026.
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Announcement under Regulation 30 (LODR)-Change in Directorate
9 Jul - Board appointed two independent directors from July 9, 2026, and shifted corporate office to Taratalla Road from July 16.
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Board Meeting Outcome for Outcome Of The Meeting Of Board Of Jupiter Wagons Limited (The 'Company') Held Today, I.E., July 9,2026.
9 Jul - Board appointed two independent directors effective July 9, 2026; corporate office shifts to Taratalla Road from July 16, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
25 Jun - Jupiter Wagons won orders worth Rs. 264.32 crore from JSW Rail Logistics and CWC.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Concalls
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Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Jul 2024Transcript PPT REC
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Jul 2024TranscriptAI SummaryPPT
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Jun 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Oct 2023TranscriptAI SummaryPPT
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Aug 2023Transcript PPT REC
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Aug 2023TranscriptAI SummaryPPT
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Jun 2023Transcript PPT REC
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Apr 2023TranscriptPPT
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Feb 2023Transcript PPT
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Dec 2022Transcript PPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022Transcript PPT
Business Verticals:
a) Rail Mobility Business:[1]
The company offers open wagons,
covered wagons, flat wagons, defense
wagons, container carrier wagons, wagon accessories, passenger coach accessories, wheelsets, and track solutions mainly to the Indian Railways.[2]
It is one of India's leading wagon suppliers
and India's largest manufacturer of 25-tonne wagons. [3] [4]
b) Road and Multimodal Mobility Business:
The company designs and manufactures water tankers, BESS containers, data center containers, ISO marine containers, light recovery vehicles, fire engines, ambulance & municipal applications, electric light commercial vehicles, brake discs, brake systems, etc.[2]
JWL produced 1,460 containers in FY26, compared with 1,012 in FY25. A larger entry into marine containers depends on the final design of the proposed domestic incentive scheme. [5]