Want to see IN:JWL full AI Analyst Report?
Top Page
Jupiter Wagons Limited
(JWL)
Select Model
Select Model
Rating:50Neutral
Price Target:
₹243.00
▼(-24.50% Downside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by weak cash generation (negative operating cash flow and deeply negative free cash flow) alongside a FY2026 slowdown and margin compression. Technicals reinforce the cautious view with the stock trading below key moving averages and negative MACD. Valuation also detracts due to a very high P/E and low dividend yield, while the balance sheet remains a relative stabilizer but with rising debt.
Positive Factors
Historical Revenue Scale
The substantial revenue expansion achieved through FY2025 indicates that JWL has demonstrated the ability to grow its railway manufacturing business over multiple years. That established scale can support customer relationships, operating capabilities, and future participation in freight-mobility demand.
Negative Factors
Revenue and Margin Contraction
The FY2026 revenue decline and sharp net-margin compression point to weaker volumes, execution, or operating leverage after several years of expansion. If this reset persists, lower scale could reduce earnings power and make it harder for JWL to convert its manufacturing footprint into durable returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Historical Revenue Scale
The substantial revenue expansion achieved through FY2025 indicates that JWL has demonstrated the ability to grow its railway manufacturing business over multiple years. That established scale can support customer relationships, operating capabilities, and future participation in freight-mobility demand.
Read all positive factors
Jupiter Wagons Limited (JWL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹104.00B
Dividend Yield0.41%
Average Volume (3M)97.87K
Price to Earnings (P/E)64.9
Beta (1Y)1.68
Revenue Growth-11.73%
EPS Growth-48.71%
CountryIN
Employees877
SectorGeneral
Sector StrengthN/A
IndustryRailroads
Share Statistics
EPS (TTM)3.76
Shares Outstanding427,370,400
10 Day Avg. Volume73,120
30 Day Avg. Volume97,873
Financial Highlights & Ratios
PEG Ratio-1.06
Price to Book (P/B)3.40
Price to Sales (P/S)3.48
P/FCF Ratio-17.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹185.00Price Target Upside-42.52% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)5.51
Revenue Forecast (FY)₹34.43B
Jupiter Wagons Limited Business Overview & Revenue Model
Company Description
Headquartered in Kolkata, India, Jupiter Wagons Limited, founded in 1979, produces and distributes a comprehensive range of transportation solutions across India, Europe, and North America. The company's diverse offerings include various types of ...
How the Company Makes Money
JWL primarily makes money by selling manufactured rail-mobility products to customers under purchase orders and supply contracts. Key revenue streams include: (1) Freight wagon manufacturing and sales: revenue is recognized from the manufacture an...
Jupiter Wagons Limited Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
74
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.27B | 29.16B | 39.34B | 36.24B | 20.51B | 11.65B |
| Gross Profit | 6.69B | 6.58B | 6.14B | 5.32B | 2.81B | 1.13B |
| EBITDA | 3.70B | 3.82B | 5.98B | 5.02B | 2.48B | 1.12B |
| Net Income | 1.67B | 1.71B | 3.82B | 3.32B | 1.21B | 496.76M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 47.12B | 39.99B | 29.40B | 16.34B | 10.72B |
| Cash, Cash Equivalents and Short-Term Investments | 6.51B | 6.51B | 7.24B | 1.76B | 1.17B | 406.19M |
| Total Debt | 0.00 | 9.96B | 5.02B | 3.49B | 2.88B | 1.39B |
| Total Liabilities | -29.87B | 17.26B | 12.32B | 13.08B | 8.31B | 3.90B |
| Stockholders Equity | 29.87B | 29.78B | 27.54B | 16.16B | 8.03B | 6.83B |
Cash Flow | ||||||
| Free Cash Flow | -2.17B | -5.66B | -4.04B | -1.44B | 49.63M | 228.35M |
| Operating Cash Flow | -1.21B | -309.46M | 1.04B | -191.02M | 776.51M | 595.19M |
| Investing Cash Flow | -1.20B | -7.16B | -6.28B | -4.65B | -1.22B | -491.07M |
| Financing Cash Flow | 1.65B | 5.23B | 8.42B | 4.89B | 1.21B | -167.59M |
Jupiter Wagons Limited Technical Analysis
Negative
321.85
Price Trends
253.13
Negative
267.26
Negative
278.31
Negative
Market Momentum
-3.90
Positive
42.56
Neutral
36.39
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JWL, the sentiment is Negative. The current price of 321.85 is above the 20-day moving average (MA) of 248.42, above the 50-day MA of 253.13, and above the 200-day MA of 278.31, indicating a bearish trend. The MACD of -3.90 indicates Positive momentum. The RSI at 42.56 is Neutral, neither overbought nor oversold. The STOCH value of 36.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JWL.
Jupiter Wagons Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹103.64B | 24.91 | ― | 3.68% | 10.62% | 8.14% | |
59 Neutral | ₹171.25B | 96.03 | ― | 0.26% | 12.78% | -40.29% | |
59 Neutral | ₹117.42B | 61.56 | ― | 0.11% | -10.22% | -20.00% | |
59 Neutral | ₹47.18B | 21.68 | ― | 0.63% | -14.32% | -2.83% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | ₹104.00B | 64.89 | ― | 0.41% | -11.73% | -48.71% | |
49 Neutral | ₹112.11B | 21.39 | ― | 1.87% | -9.92% | -21.60% |
* General Sector Average
IN:JWL
Jupiter Wagons Limited
244.85
-80.10
-24.65%
IN:BEML
BEML Limited
2,097.80
57.86
2.84%
IN:IRCON
IRCON International Ltd.
117.80
-51.67
-30.49%
IN:RITES
RITES Ltd.
215.65
-37.42
-14.79%
IN:TEXRAIL
Texmaco Rail & Engineering Limited
119.60
-18.19
-13.20%
IN:TITAGARH
Titagarh Rail Systems Ltd
897.15
52.00
6.15%
Jupiter Wagons Limited Corporate Events
Jupiter Wagons to Engage Investors at Kotak Manufacturing Forum 2026
Aug 17, 2026
Jupiter Wagons Limited has announced that its senior management will participate in the Kotak Manufacturing Forum 2026, a physical group meeting scheduled for Thursday, August 20, 2026, at 10:00 a.m. The company has made its Q1 FY27 investor prese...
Jupiter Wagons Shares Q1 FY27 Investor Presentation with Markets
Aug 14, 2026
Jupiter Wagons Limited has released an investor presentation detailing its financial and operational performance for the first quarter of FY2027, covering results for the period ended June 30, 2026. The presentation has been filed with both the BS...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.