JW

Jupiter Wagons Ltd

Q1 FY27Industrial Manufacturing

Jupiter Wagons Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹233
Market cap₹9.8K Cr
P/E55.3
Updated24 Sept 2026
Read4 min read

What the Q1 FY27 call signalled

4 of 4 strong

RevenueGood growth
MarginMargins slightly up
CapexCapex planned
Order bookOrder book rising

The short version

FY27 started strong with 46% YoY revenue growth to INR 671 crore and 9% EBITDA growth. FY27 started strong with consolidated revenue up 46% YoY to INR 671 crore; EBITDA grew 9% to INR 65 crore with 10% margin.

From Jupiter Wagons Ltd's Q1 FY27 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Good growth
  • FY27 started strong with 46% YoY revenue growth to INR 671 crore and 9% EBITDA growth.
  • Expect significant order book execution in FY27, with 60-70% of current orders to be completed.
  • Wagon production volumes to increase in next 3 quarters after Q1 transition phase.
  • Odisha railwheel facility to reach partial production by Q4 FY27 and full commissioning by FY28.
  • Target revenue from new Odisha facility expected between INR 2,500 to 3,000 crore post full capacity.
  • Wheelset line commissioning planned in FY28, with 50% capacity for captive use and 50% for exports.
  • BESS business targeting INR 1,000 crore order book by FY27, with strong growth in energy storage.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Jupiter Wagons Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Odisha railway wheelset facility: Total project capex INR 2,600 crore; Jupiter's equity infusion reduced from INR 900 crore to INR 600 crore due to new partner Lucchini RS and Italian government financial institute SIMEST investing ~INR 300 crore.
  • Majority of Odisha plant capex expected to be completed by Q1 FY28.
  • Lucchini RS and SIMEST partnership includes INR 290 crore investment for 25% stake in Jupiter Tatravagonka Railwheel Factory (JTRWF).
  • Investments focus on technology, manufacturing expansion, and strengthening global competitiveness in railwheel production.

2 more points management made on capital expenditure plans

Top-ranked in Industrial Manufacturing

Ranked on what management guided this quarter

5x potential
1ICE Make Refrig.
Rev 1Mar 2
2Taurian MPS
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Jupiter Wagons Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
  • Current order book is approximately INR4,500 crore.
  • Railway wagon order book (including private sector) stands at around INR3,000 crore.
  • Wheelset business order book is about INR700 crore.
  • Commercial vehicle segment order book is approximately INR500 crore.
  • Battery Energy Storage Systems (BESS) order book stands at around INR500 crore.
  • Majority (60%-70%) of the order book is expected to be executed in FY27.
  • Pending wagons as of Q1 FY27 are close to 7,000 units.
  • Indian Railways’ wagon production targets remain unchanged; new orders awaited.

2 more points management made on order book & pipeline

Jupiter Wagons Ltd — Quarterly revenue & net profit

Revenue Net profit
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹776 Cr, net profit ₹58 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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  • Lokesh Machines Ltd (Q1 FY27)

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  • Windsor Machines (Q1 FY27)

    Q1FY27 Revenue from Operations: ₹148.9 Cr, up 31.4% YoY (Q1FY26: ₹113.3 Cr). Key investor presentation takeaways from Windsor Machines Ltd's Q1 FY27 investor pr

🔎 Who's planning the most growth?

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Frequently Asked Questions

What were Jupiter Wagons Ltd Q1 FY27 results?

FY27 started strong with 46% YoY revenue growth to INR 671 crore and 9% EBITDA growth. FY27 started strong with consolidated revenue up 46% YoY to INR 671 crore; EBITDA grew 9% to INR 65 crore with 10% margin.

What is Jupiter Wagons Ltd share price analysis?

Jupiter Wagons Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 55.3 with a market cap of ₹9,835 Cr. Investors should review the full earnings analysis for detailed insights.

Is Jupiter Wagons Ltd planning capital expenditure?

Odisha railway wheelset facility: Total project capex INR 2,600 crore; Jupiter's equity infusion reduced from INR 900 crore to INR 600 crore due to new partner Lucchini RS and Italian government financial institute SIMEST investing ~INR 300 crore. - Majority of Odisha plant capex expected to be completed by Q1 FY28. - Lucchini RS and SIMEST partnership includes INR 290 crore investment for 25% stake in Jupiter Tatravagonka Railwheel Factory (JTRWF). - Investments focus on technology, manufacturing expansion, and strengthening global competitiveness in railwheel production. - Jupiter Electric Mobility (JEM) ongoing investments in build-own-operate 400 MWh BESS projects in West Bengal; funding source (internal accruals vs.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.