| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 671 | 459 | +46.0% |
| EBITDA | 64.9 | 59.8 | +8.5% |
| EBITDA margin | 9.7% | 13.0% | −3.3 pts |
| Profit before tax | 37.9 | 44.5 | −14.9% |
| Net profit | 26.2 | 31.1 | −15.7% |
| EPS | ₹0.66 | ₹0.77 | −14.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 8,253 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 426 | 426 | 571 | 176 | 117 | ||
| 8.1 | 8.1 | 13.3 | 15.4 | 0.1 | ||
| 938 | 938 | 484 | 338 | 288 | ||
| 8,773 | — | — | — | — | ||
| 3,127 | 2,916 | 3,963 | 3,644 | 2,068 | ||
| — | −26.4% | +8.8% | +76.2% | — | ||
| 368 | 363 | 578 | 489 | 252 | ||
| 11.8% | 12.4% | 14.6% | 13.4% | 12.2% | ||
| 298 | 296 | 524 | 461 | 227 | ||
| 161 | 166 | 380 | 331 | 121 | ||
| 5.2% | 5.7% | 9.6% | 9.1% | 5.8% | ||
| ₹3.77 | ₹4.00 | ₹8.94 | ₹7.76 | ₹2.83 | ||
| — | −55.2% | +15.3% | +174.5% | — | ||
| — | 9.4 | 104 | −19.1 | 77.7 | ||
| — | −535 | −508 | −125 | −72.7 | ||
| −525 | −525 | −404 | −144 | 5.0 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 8,252.9 | |
| - Cash, Equiv & ST Investments | 117.1 | 175.8 | 571.0 | 425.8 | 425.8 | |
| + Minority Interest | 0.1 | 15.4 | 13.3 | 8.1 | 8.1 | |
| + Total Debt | 287.7 | 337.7 | 484.2 | 937.6 | 937.6 | |
| Enterprise Value | — | — | — | — | 8,772.9 | |
| Revenue | 2,068.2 | 3,643.7 | 3,963.3 | 2,915.7 | 3,127.1 | |
| Growth %, YoY | — | +76.2 | +8.8 | -26.4 | — | |
| EBITDA | 252.1 | 489.2 | 577.5 | 362.6 | 367.7 | |
| Margin % | 12.19 | 13.43 | 14.57 | 12.44 | 11.76 | |
| EBIT | 227.1 | 461.1 | 523.9 | 295.5 | 298.2 | |
| Net Income | 120.7 | 331.0 | 380.3 | 166.0 | 161.1 | |
| Margin % | 5.83 | 9.08 | 9.59 | 5.69 | 5.15 | |
| EPS, Adj (current shares) | 2.83 | 7.76 | 8.94 | 4.00 | 3.77 | |
| Growth %, YoY | — | +174.5 | +15.3 | -55.2 | — | |
| Cash from Operations | 77.7 | -19.1 | 104.2 | 9.4 | — | |
| Capital Expenditures | -72.7 | -124.8 | -508.1 | -534.6 | — | |
| Free Cash Flow | 5.0 | -143.9 | -404.0 | -525.1 | -525.1 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Jupiter Wagons (NSE: JWL) had a market capitalisation of ₹7,769 crore at the 30 October 2026 close (₹181.78 a share), a PE ratio of 46.8 on the last four quarters' profit and a price-to-book ratio of 2.61. In FY26 its consolidated net profit attributable to shareholders was ₹171 crore on revenue of ₹2,916 crore; in Q1 FY27 (April–June 2026) it was ₹28.3 crore, down 13.6% year on year. Its debt-to-equity ratio was 0.31 on 31 March 2026. Promoters held 68.31% of the shares on 30 September 2026.
Jupiter Wagons' PE ratio is 46.8 at the 30 October 2026 close (₹181.78 a share): a market capitalisation of ₹7,769 crore divided by consolidated net profit attributable to shareholders of ₹166 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹171 crore) it is 45.4.
Jupiter Wagons' price-to-book (PB) ratio is 2.61 at the 30 October 2026 close: a market capitalisation of ₹7,769 crore divided by shareholders' equity (book value) of ₹2,978 crore on 31 March 2026. That is a book value of ₹69.69 per share against a share price of ₹181.78.
Jupiter Wagons' book value per share was ₹69.69 on 31 March 2026: shareholders' equity of ₹2,978 crore divided by the 42.74 crore shares in issue, up 7.4% from ₹64.88 a year earlier. The share price at the 30 October 2026 close was ₹181.78.
Jupiter Wagons' market capitalisation was ₹7,769 crore at the 30 October 2026 close: 42.74 crore shares at ₹181.78 each.
No. Jupiter Wagons had borrowings of ₹938 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.31. Its cash and current investments were ₹651 crore, so its net debt was ₹286 crore.
Jupiter Wagons' basic earnings per share (EPS) were ₹4.02 in FY26, against ₹9.08 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹3.76.
Jupiter Wagons' debt-to-equity ratio was 0.31 on 31 March 2026: borrowings of ₹938 crore against total equity of ₹2,987 crore. A year earlier, on 31 March 2025, it was 0.17.
Jupiter Wagons' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,978 crore on 31 March 2026, up 8.1% from ₹2,754 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹7,769 crore at the 30 October 2026 close.
In FY26, Jupiter Wagons generated ₹9.4 crore of cash from operations and spent ₹535 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹525 crore. In FY25 it was −₹404 crore.
In FY26, Jupiter Wagons' return on equity (ROE) was 6.0% and its return on capital employed (ROCE) was 9.5%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 17.5% and ROCE 23.2%.
On 30 September 2026, Jupiter Wagons' shares were held by promoters 68.31%, foreign portfolio investors (FII/FPI) 3.02%, domestic institutions (DII) 0.80% (including mutual funds at 0.77%) and retail and other non-institutional investors 27.87%. Over the year, FII holding was down 1.40 percentage points from 4.42% and DII holding was down 0.23 percentage points from 1.03%.
Jupiter Wagons' latest results are for Q1 FY27 (April–June 2026), filed on 14 August 2026: consolidated net profit attributable to shareholders ₹28.3 crore, down 13.6% from ₹32.7 crore in Q1 FY26; revenue from operations ₹671 crore, up 46.0% year on year.
Promoters held 68.31% of Jupiter Wagons on 30 September 2026, unchanged from the previous quarter and up 0.22 percentage points from 68.09% a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Jupiter Wagons' consolidated net profit attributable to shareholders was ₹171 crore, down 55.2% from ₹382 crore in FY25, on revenue from operations of ₹2,916 crore (down 26.4%). Over three years, from FY23, net profit was up 41.6%.
Jupiter Wagons has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Titagarh Rail Systems, Texmaco Rail & Eng and Kirloskar Oil Eng: Jupiter Wagons' operating margin of 10.1% is the second highest of the four (Titagarh Rail Systems 9.3%, Texmaco Rail & Eng 7.8%, Kirloskar Oil Eng 16.1%; peer average 11.1%); its return on equity of 6.0% is the third highest of the four (Titagarh Rail Systems 5.0%, Texmaco Rail & Eng 7.6%, Kirloskar Oil Eng 17.1%; peer average 9.9%); its revenue growth over three years of 12.1% a year is the third highest of the four (Titagarh Rail Systems 4.7% a year, Texmaco Rail & Eng 25.0% a year, Kirloskar Oil Eng 15.3% a year; peer average 15.0% a year).
At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Jupiter Wagons' PE ratio is 45.4, the third highest of the four: Titagarh Rail Systems 71.7, Texmaco Rail & Eng 20.5 and Kirloskar Oil Eng 46.4, a peer average of 46.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Jupiter Wagons earned net profit attributable to shareholders of ₹171 crore on revenue of ₹2,916 crore, against ₹123 crore on ₹3,186 crore for Titagarh Rail Systems. Jupiter Wagons' operating margin was 10.1% (Titagarh Rail Systems 9.3%) and its return on equity 6.0% (Titagarh Rail Systems 5.0%). At the 30 October 2026 close, Jupiter Wagons' market capitalisation was ₹7,769 crore against ₹8,808 crore for Titagarh Rail Systems, and its PE ratio on FY26 profit 45.4 against 71.7.
From Jupiter Wagons' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.