Jupiter Wagons Share Price

Commercial Vehicles company Jupiter Wagons announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: Stood at Rs 78,015.07 lakh in Q4FY26, witnessing a decline of 25.31% YoY compared to Rs 1,04,454.77 lakh in Q4FY25, and a decrease of 12.38% QoQ from Rs 89,036.41 lakh in Q3FY26. For the full year FY26, revenue was Rs 2,91,570.31 lakh, down by 26.43% YoY from Rs 3,96,327.95 lakh in FY25. Total Income: Reported at Rs 78,945.41 lakh in Q4FY26, marking a 25.28% YoY drop from Rs 1,05,651.76 lakh in Q4FY25, and a 12.24% QoQ decline from Rs 89,958.45 lakh in Q3FY26. For FY26, total income stood at Rs 2,96,136.49 lakh, declining 26.11% YoY against Rs 4,00,763.60 lakh in FY25. Profit for the Period (PAT): Reached Rs 2,720.57 lakh in Q4FY26, registering a YoY decrease of 73.48% from Rs 10,259.15 lakh in Q4FY25, and a QoQ decline of 56.37% from Rs 6,235.25 lakh in Q3FY26. For FY26, PAT stood at Rs 16,595.83 lakh, dropping 56.36% YoY compared to Rs 38,027.06 lakh in FY25. Standalone Financial Highlights: Revenue from Operations: Recorded at Rs 64,511.82 lakh in Q4FY26, representing a YoY decline of 35.62% from Rs 1,00,203.75 lakh in Q4FY25, and a QoQ fall of 16.86% from Rs 77,593.09 lakh in Q3FY26. For FY26, revenue stood at Rs 2,53,914.83 lakh, down 34.40% YoY from Rs 3,87,062.50 lakh in FY25. Total Income: Stood at Rs 65,364.77 lakh in Q4FY26, a decrease of 35.33% YoY from Rs 1,01,078.15 lakh in Q4FY25, and a 16.64% drop QoQ against Rs 78,414.05 lakh in Q3FY26. Annual total income for FY26 was Rs 2,57,731.46 lakh, falling 33.99% YoY from Rs 3,90,486.67 lakh in FY25. Profit for the Period (PAT): Reported at Rs 3,861.07 lakh in Q4FY26, down by 60.33% YoY from Rs 9,732.73 lakh in Q4FY25, and a 33.81% QoQ decline from Rs 5,833.45 lakh in Q3FY26. For FY26, PAT was Rs 18,250.32 lakh, registering a YoY decrease of 51.08% from Rs 37,303.78 lakh in FY25. Business Highlights: Segment Performance: The Group is mainly engaged in the business of metal fabrication, which comprises load bodies for commercial vehicles and rail freight wagons in India. According to Ind AS 108, this is considered to constitute one single reportable segment; hence, separate segment-wise performance disclosures are not applicable. Exceptional Items: During FY26, the subsidiary company, Stone India Ltd, paid/provided for Rs 1,781.57 lakh (which includes Rs 741.92 lakh during Q4FY26 and Rs 1,039.65 lakh during Q3FY26) to Shyama Prasad Mookerjee Port (formerly Kolkata Port Trust) towards differential lease rent dues for earlier years. This has been accounted for and disclosed as an Exceptional Item in the consolidated results. Cost Auditor Appointment: The Board of Directors approved the appointment of M/s K DAS & Associates, Cost Accountants, Kolkata, as the Cost Auditor of the Company for FY27. Vivek Lohia, Managing Director, Jupiter Wagons, said: “FY26 was a year marked by significant external challenges for the rail freight ecosystem. In the first half of the year, an industry-wide shortage of wheelsets constrained wagon production across the sector, impacting execution and limiting volume growth. As these supply-side constraints gradually eased, manufacturing operations faced a fresh challenge in Q4, with disruptions in LPG availability and supply chain challenges arising from geopolitical tensions affecting global energy supply chains. Despite these headwinds, Jupiter Wagons delivered a resilient performance. The strength of our diversified business portfolio enabled us to mitigate the impact of disruptions in the wagon segment, with several other business verticals delivering strong growth and operational performance throughout the year. Our wheelset business delivered an outstanding performance, crossing a significant revenue milestone, and we have further reinforced this vertical’s long-term growth trajectory through a definitive, long-term supply agreement with Tatravagonka a.s., one of Europe’s foremost wagon manufacturers. This agreement, which covers their entire wheelset requirement, is a powerful endorsement of our manufacturing capabilities and a defining step towards our goal of establishing a substantial export presence in the global market. We are simultaneously in advanced discussions with several other global players for strategic tie-ups in this vertical, and I am confident that the wheelset business will be a significant value driver for Jupiter Wagons in the years ahead. The accelerated progress at our greenfield facility in Odisha further underpins this ambition, with critical equipment deliveries underway and civil construction in advanced stages, we are firmly on track for commissioning. Our clean energy vertical, Jupiter Electric Mobility, continued its strong growth trajectory in FY26. The signing of MoUs with Chalukya Power and Pickrenew Energy – two of India’s leading renewable energy developers – for a combined 110 MWh of BESS deployments is a strong validation of the trust the industry is placing in our indigenous capabilities. JEM Energy has set an ambitious revenue target for FY27, and I am confident we have the orderbook depth, the manufacturing infrastructure, and the right partnerships to achieve it. Looking further ahead, we have set ourselves an aspirational target of INR 1,000 Crore in revenue from the battery and BESS vertical over a 3-to-4-year horizon – a target grounded in the scale of India’s energy transition opportunity, the depth of our growing order pipeline, and the capabilities we are systematically building within JEM Energy. The commissioning of our cell-to-battery manufacturing line in Indore further strengthens our cost competitiveness and self-sufficiency as we pursue this ambition. Our container manufacturing business also registered healthy growth in FY26, and the recently announced PLI scheme by the Government of India, with a significant budgetary allocation over the next five years, is a strong policy tailwind that positions this vertical for accelerated expansion. We are well-placed to be a meaningful beneficiary of this initiative. Passenger mobility is a strategic priority for Jupiter Wagons and we will be entering this segment in FY27 with full conviction and scale, backed by our deep manufacturing capabilities and technology partnerships. This is a natural and significant extension of our mobility solutions portfolio, and one we intend to pursue with the same ambition that has defined our growth in other verticals. I also want to highlight a landmark structural milestone for the Jupiter Wagons group. With Stone India, our subsidiary, receiving RDSO approval for its freight brake system, Jupiter Wagons is now fully backward integrated across its core product portfolio. This is not just a regulatory achievement, it is a decisive competitive advantage. Full backward integration gives us direct control over quality, cost, and delivery timelines across the value chain, significantly reducing our exposure to external supply-side disruptions of the kind we experienced this year. We believe this will be a material contributor to stronger, more consistent operational performance and improved margins over the long term, and it reinforces our position as a truly end-to-end mobility solutions provider. On the wagon business, we see a compelling and near-term demand environment ahead. The Government of India’s strong policy commitment to the modal shift of freight from road to rail, and its own ambitious targets and timelines for rail capacity expansion, are expected to translate into a robust pipeline of large tenders in the coming period – and Jupiter Wagons is fully prepared to capture that opportunity at scale. Our manufacturing capacity, technology partnerships, and execution track record position us strongly to be at the forefront of this growth wave. Taken together, the breadth of our portfolio, the depth of our global partnerships, and the investments we have made in manufacturing infrastructure give me strong confidence in the company’s trajectory. We enter FY27 with clear strategic intent, growing momentum across every vertical, and the firm conviction that the best of Jupiter Wagons is ahead of us.” Result PDF

• Trendlyne
• 1 week 5 days ago

Conference Call with Jupiter Wagons Management and Analysts on Q4FY26 Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 2 weeks 1 day ago

The company's consolidated net profit for Q4 FY26 stood at 27 crore, down 73.5 per cent from 103 crore in Q4 FY25

• Business Line
• 2 weeks 1 day ago