Jupiter Wagons Limited (JWL) AI Stock Analysis

• Market Cap: ₹144.52B
• Dividend Yield: 0.68%
• Average Volume (3M): 56.94K
• Price to Earnings (P/E): 51.6
• Beta (1Y): 1.48
• Revenue Growth: -14.89%
• EPS Growth: -26.18%
• Country: IN
• Employees: 877
• Sector: Services
• Sector Strength: N/A
• Industry: Railroads
• EPS (TTM): 1.20
• Shares Outstanding: 424,498,050
• 10 Day Avg. Volume: 63,585
• 30 Day Avg. Volume: 56,940
• PEG Ratio: 3.16
• Price to Book (P/B): 5.68
• Price to Sales (P/S): 3.95
• P/FCF Ratio: -38.73
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 752.3
• Revenue Forecast (FY): ₹3.55T

• Rating: 59 Neutral
• Price Target: ₹312.00 ▼(-8.36% Downside)

Jupiter Wagons Limited's overall stock score is primarily driven by its strong financial performance, which is the most significant factor. However, the technical analysis indicates bearish momentum, and the valuation suggests the stock may be overvalued. These factors collectively result in a moderate overall stock score.

Positive Factors

Financial Performance

Strong financial performance with revenue and profit growth indicates effective business operations and potential for sustained success.

Operational Efficiency

Improved profit margins reflect effective cost control and operational efficiency, enhancing long-term profitability.

Balance Sheet Health

A healthy debt-to-equity ratio suggests prudent financial management, providing stability and flexibility for future growth.

Negative Factors

Revenue Growth Decline

Negative revenue growth indicates potential challenges in market demand or competitive pressures, impacting future earnings potential.

Cash Flow Management

Negative free cash flow suggests difficulties in cash generation, potentially limiting reinvestment and growth opportunities.

Equity Ratio Concerns

Reliance on external financing could increase financial risk, affecting long-term sustainability if not managed carefully.

Jupiter Wagons Limited Business Overview & Revenue Model

Company Description

Jupiter Wagons Limited manufactures and sells mobility solutions in India, Europe, and North America. It offers open, covered, flat, hopper, container, and special purpose wagons; and wagon accessories, such as alloy steel cast bogies, high tensile center buffer couplers, and high-capacity draft gears. The company also provides passenger and metro coaches, and train sets; and passenger coach accessories, including fabricated bogies, couplers and draft gears for passenger trains, axle mounted disc brake systems, brake discs and split brake discs, and brake pads. In addition, it offers track solutions, such as CMS crossings and weldable CMS crossings on PSC slipper; and commercial vehicles. The company serves the Indian railways, private wagon owners, and industrial railways and workshops. The company was formerly known as Commercial Engineers & Body Builders Co Limited and changed its name to Jupiter Wagons Limited in May 2022. Jupiter Wagons Limited was incorporated in 1979 and is based in Kolkata, India.

How the Company Makes Money

Jupiter Wagons Limited generates revenue primarily through the sale of railway wagons and components to government and private sector clients involved in transportation and logistics. The company capitalizes on contracts awarded by Indian Railways and other rail operators, which form a significant portion of its revenue. Additionally, JWL's revenue model includes earnings from engineering consulting services and maintenance contracts related to its manufactured products. Strategic partnerships with rail transport companies and participation in government tenders enhance its market presence and contribute to steady income streams.

Jupiter Wagons Limited Financial Statement Overview

Summary

Jupiter Wagons Limited demonstrates strong financial performance with significant revenue and profit growth. The balance sheet reflects prudent financial management, though there is room for improvement in cash flow management, particularly in enhancing free cash flow.

Income Statement

Jupiter Wagons Limited has shown strong revenue growth over the years, with a significant jump from 2024 to 2025. The gross profit margin and net profit margin have improved, indicating efficient cost management and strong operational performance. EBIT and EBITDA margins are robust, showcasing profitability and operational efficiency.

Balance Sheet

The company has maintained a healthy debt-to-equity ratio, reflecting a balanced approach to leveraging. Return on equity has shown improvement, indicating efficient use of shareholders' funds. However, the equity ratio suggests a potential reliance on external financing, though it remains within reasonable limits for the industry.

Cash Flow

The cash flow statement highlights challenges in free cash flow management, with negative free cash flow in recent years. Nevertheless, operating cash flow has improved from 2024 to 2025, indicating better core business performance. The company needs to focus on enhancing free cash flow to strengthen cash reserves.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	35.43B	39.63B	36.44B	20.68B	11.65B	9.89B
Gross Profit	8.23B	9.87B	8.03B	2.78B	1.13B	1.16B
EBITDA	4.91B	5.78B	5.02B	2.48B	1.12B	279.64M
Net Income	3.23B	3.82B	3.32B	1.21B	496.76M	533.96M
Balance Sheet
Total Assets	0.00	39.99B	29.40B	16.34B	10.72B	9.91B
Cash, Cash Equivalents and Short-Term Investments	7.24B	7.24B	1.76B	1.17B	406.19M	470.47M
Total Debt	0.00	5.02B	3.49B	2.88B	1.39B	1.38B
Total Liabilities	-27.68B	12.32B	13.08B	8.31B	3.90B	3.58B
Stockholders Equity	27.68B	27.54B	16.16B	8.03B	6.83B	6.33B
Cash Flow
Free Cash Flow	0.00	-4.04B	-1.44B	49.63M	228.35M	373.78M
Operating Cash Flow	0.00	1.04B	-191.02M	776.51M	595.19M	673.76M
Investing Cash Flow	0.00	-6.28B	-4.65B	-1.22B	-491.07M	-601.97M
Financing Cash Flow	0.00	8.42B	4.89B	1.21B	-167.59M	223.91M

Jupiter Wagons Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 340.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JWL, the sentiment is Positive. The current price of 340.45 is above the 20-day moving average (MA) of 277.25, above the 50-day MA of 298.98, and below the 200-day MA of 342.43, indicating a neutral trend. The MACD of 2.67 indicates Negative momentum. The RSI at 72.46 is Negative, neither overbought nor oversold. The STOCH value of 86.68 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:JWL.

Jupiter Wagons Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VRLLOG	73 Outperform	₹46.89B	20.07	―	2.79%	4.74%	176.63%
GATEWAY	66 Neutral	₹31.34B	8.05	―	3.13%	36.01%	71.71%
GRINFRA	60 Neutral	₹98.58B	8.94	―	1.20%	-6.01%	-3.81%
JWL	59 Neutral	₹144.52B	51.64	―	0.68%	-14.89%	-26.18%
PNCINFRA	57 Neutral	₹64.93B	8.08	―	0.23%	-30.54%	-35.13%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Jupiter Wagons Limited Corporate Events

Jupiter Wagons Limited Releases Q2 FY26 Financial Results Transcript

Jupiter Wagons Limited has released the transcript of its investor and analyst meet call, discussing the unaudited financial results for the second quarter and half-year of fiscal year 2026. This announcement highlights the company’s commitment to transparency and provides stakeholders with insights into its financial performance, potentially impacting investor confidence and market positioning.

Jupiter Wagons Clarifies Market-Driven Security Volume Increase

Jupiter Wagons Limited has addressed a query from BSE Limited regarding a significant increase in the trading volume of its securities. The company clarified that the rise in trading activity is purely market-driven and not due to any undisclosed information or events. Jupiter Wagons Limited assured that it has consistently complied with disclosure regulations and will continue to promptly report any relevant occurrences as required.