Jupiter Wagons Ltd (JWL) — shareholding pattern, promoter holding, financials and share price
About Jupiter Wagons Ltd (JWL)
Jupiter Wagons Ltd operates in the Railway Wagons industry, within the Capital Goods sector. It trades on the NSE as JWL and on the BSE under scrip code 533272. Its ISIN is INE209L01016.
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]
Jupiter Wagons Limited is an integrated railway engineering and rolling‑stock manufacturer specializing in freight wagons, wheelsets, axles, brake systems and passenger‑coach components; it has diversified into commercial vehicle bodies, marine containers and electric mobility (e‑LCVs and BESS), operating multiple manufacturing units across India and several technology JVs to supply Indian Railways and private industrial customers.
Q3 FY26 consolidated revenue recovered to ₹890 crore (+13% qoq) with EBITDA ₹116 crore and PAT ₹62 crore, but 9M FY26 consolidated revenue declined ~27% year‑on‑year to ₹2,136 crore and PAT halved to ₹139 crore, a shortfall driven mainly by industry wheelset shortages that constrained wagon production and delayed deliveries.
Listed peers in Railway Wagons: Lloyds Engineering Works Ltd, Tega Industries Ltd, Swan Defence and Heavy Industries Ltd, Titagarh Rail Systems Ltd, Dynamatic Technologies Ltd, Praj Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹256.85 a share on 10 Jul 2026, Jupiter Wagons Ltd (JWL) was valued at a price-to-earnings ratio of 66.14x against an industry P/E of 48.01x and a price-to-book of 3.99x on a book value of ₹64.45 per share as of Mar 2025. Solomo computes return on equity of 6.03% and return on capital employed of 9.66% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 66.14x
- Industry P/E
- 48.01x
- P/B
- 3.99x
- EPS (TTM)
- ₹3.88
- Book value / share
- ₹64.45
- ROE
- 6.03%
- ROCE
- 9.66%
- ROA
- 4.15%
- Debt / equity
- 0.18x
- Dividend yield
- 0.5%
- EBITDA margin
- 13.09%
- 52-week range
- ₹236.6 – ₹376.65
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Jupiter Wagons Ltd (JWL) reported revenue of ₹2,916 crore, net profit of ₹166 crore and earnings per share of ₹4. That compares with revenue of ₹3,963 crore and net profit of ₹380 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹780 crore and net profit ₹27 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,178 | 2,068 | 3,644 | 3,963 | 2,916 |
| Net profit (₹ cr) | 50 | 121 | 331 | 380 | 166 |
| EPS (₹) | 5.55 | 3.12 | 8.04 | 9 | 4 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 43.62% | 98.45% | 48.65% | 8.77% |
| Profit growth | - | - | 95.36% | 14.88% |
| Stock price CAGR | 32% | 47% | 12% | -32% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 68.31% of Jupiter Wagons Ltd (JWL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.47% and domestic institutional investors (DII) hold 0.8%. Market capitalisation was ₹10,977 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2010.
Largest disclosed public shareholders in Jun 2026: GOTHIC CORPORATION 3.06%, ATYANT CAPITAL INDIA FUND - I 2.11%, VANDERBILT UNIVERSITY 1.19%, THE DUKE ENDOWMENT 1.17%, GOTHIC HSP CORPORATION 1.17%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 68.31% | - | 3.47% | 0.8% | 31.69% |
| Mar 2026 | 68.31% | - | 4.19% | 0.78% | 31.69% |
| Dec 2025 | 68.31% | - | 4.49% | 0.75% | 31.69% |
| Sep 2025 | 68.09% | - | 4.42% | 1.03% | 31.91% |
| Jun 2025 | 68.11% | - | 4.45% | 1.39% | 31.89% |
| Mar 2025 | 68.11% | - | 3.86% | 1.71% | 31.89% |
| Dec 2024 | 68.11% | - | 3.45% | 1.74% | 31.89% |
| Sep 2024 | 68.11% | - | 3.45% | 1.99% | 31.89% |