Jupiter Wagons Ltd JWL
Freight wagons, containers and braking systems
Mapped in 1 theme: Railways / Vande Bharat & Metro Rolling Stock.
Where Jupiter Wagons Ltd sits in the supply chain
Jupiter Wagons Ltd appears in 1 supply-chain layer in one theme, Railways / Vande Bharat & Metro Rolling Stock.
Railways / Vande Bharat & Metro Rolling Stock › Rolling Stock Integration & Coach Fabrication
Direct supplierOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 3,644 | 3,963 | 2,916 |
| Net profit | 331 | 380 | 166 |
Latest-year revenue ₹2,916 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- India's fastest-growing wagon maker, with in-house vertical integration into braking systems that gives it component control and margin capture most wagon-only peers lack
Risks
- Diversifying into EV bus bodies - future growth may increasingly depend on a business outside core wagons
- Wagon demand is tied to freight-corridor capex cycles, which can be lumpy
Common questions
What does Jupiter Wagons Ltd do?
Freight wagons, containers and braking systems.
Where does Jupiter Wagons Ltd sit in the supply chain?
Jupiter Wagons Ltd (NSE: JWL) is mapped in 1 supply-chain layer: Rolling Stock Integration & Coach Fabrication (Railways / Vande Bharat & Metro Rolling Stock).
Who are Jupiter Wagons Ltd's peers?
In the Rolling Stock Integration & Coach Fabrication layer of Railways / Vande Bharat & Metro Rolling Stock: Titagarh Rail Systems, Texmaco Rail & Engineering and BEML.
What is Jupiter Wagons Ltd's market cap and valuation?
As of 30 Oct 2026: market cap ₹7,777 Cr, P/E 43.7x, ROCE 9.1%, ROE 6.4%, dividend yield 0.55%.