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Jupiter Wagons Ltd share Price Today

Company details

568.05
594.00
125.00
594.00
6M Return 68.69%
1Y Return 348.18%
Mkt Cap.(Cr) 23,587.34
Volume 2,843,920
Div Yield 0.05%
OI
-
OI Chg %
-
Volume 2,843,920

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Commercial Vehicles company Jupiter Wagons announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Total Income for Q4FY24 stood at Rs 1,12,134 lakh, up 57% (YoY)
  • EBITDA for Q4FY24 at Rs 14,772 lakh, up 59% (YoY)
  • Continue to deliver industry-leading margin as EBITDA Margin improves to 13.3% in Q4FY24 from 13.1% in Q4FY23
  • PAT for Q4FY24 stood at Rs 10,422 lakh, higher by 156% (YoY) with PAT Margin improving to 9.3%.
  • EPS for the quarter is Rs 2.54 per share of a face value of Rs 10 each.

FY24 Financial Highlights:

  • Total Income for FY24 stood at Rs 3,66,224 lakh, up 77% (YoY)
  • EBITDA for FY24 at Rs 49,103 lakh, up 93% (YoY)
  • Continue to deliver industry-leading margin as EBITDA Margin improved to 13.5% in FY24 from 12.3% in FY23
  • PAT for FY24 stood at Rs 33,279 lakh, higher by 165% (YoY), and PAT Margin improved to 9.1%.
  • EPS for FY24 is Rs 8.27 per share of a face value of Rs 10 each.
  • The Board of Directors recommends a final dividend of Rs 0.30 per share of FV of Rs 10 each. The Company has paid an Interim Dividend of 3% at Rs 0.30 per equity share of Rs 10/- each, fully paid up for the Financial Year 2023-24 in March 2024

Commenting on the results, Vivek Lohia, Managing Director of Jupiter Wagons Ltd. said, “We are delighted to announce continued strong growth in Q4FY24, with Total Income of Rs 1,12,134 lakh, growing 57% YoY. EBITDA soared to Rs 14,772 lakh, exhibiting substantial growth of 59% YoY accompanied by an industry-leading EBITDA margin of 13.3% in Q4FY24 which underscores our focused execution strategy. Notably, Profit after tax surged by 156% YoY, reaching Rs 10,422 lakh.

We achieved the milestone of surpassing Rs 1,10,000 lakh of revenue in a quarter for the first time ever. This exceptional performance in the fourth quarter culminates in a remarkable financial year for Jupiter Wagons Limited, characterized by record-breaking revenues of Rs 3,66,224 lakh and profit after tax of Rs 33,279 lakh in FY24. In light of our robust performance, the Board of Directors has recommended a final dividend of Rs 0.30 per share, resulting in an enhanced full-year dividend payout to our esteemed shareholders.

The acquisition of Bonatrans India Pvt. Ltd. during the quarter marks a significant stride in fortifying our business model, empowering us with in-house wheelset manufacturing capabilities, and driving further integration of our production process, apart from opening of substantial export opportunities in collaboration with strategic partners. Progress on the postacquisition integration of Stone India is on schedule.

New contract wins this quarter from the Ministry of Defense, a prominent automobile manufacturer, and the Ministry of Railways for manufacturing and supplying various types of wagons coupled with the existing order backlog provide strong visibility. Jupiter remains an industry leader in private wagon suppliers. The outlook for FY25 is further enhanced by the impending launch of our e-LCVs and the plan to scale up the brake systems and braking businesses.”

Result PDF

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Jupiter Wagons Ltd shares SWOT Analysis

Strengths (17)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 584.5
R2 602.7
R3 625.9
Pivot

561.32

S1 543.1
S2 519.9
S3 501.7
EMA SMA
501.5
446.1
405.1
349.6
490.9
421.9
396.5
358.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-05-10 462.74 2412502 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-05-10 463.08 2412502 NSE
VANDERBILT UNIVERSITY Bulk Sell 2024-02-08 384.21 4000000 BSE
Name Category Shares
MURARI LAL LOHIA PROMOTER 3.7%
VIKASH LOHIA PROMOTER 2.77%
VIVEK LOHIA PROMOTER 1.89%
MURARI LAL LOHIA HUF PROMOTER 1.77%
KARISMA GOODS PRIVATE LIMITED PROMOTER 21.73%
TATRAVAGONKA A.S. PROMOTER 19.24%
JUPITER METAL SPRING PRIVATE LIMITED PROMOTER 10.53%
ANISH CONSULTANTS & CREDITS PVT LTD PROMOTER 3.73%
JUPITER FORGINGS & STEEL PVT. LTD. PROMOTER 3.63%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Jupiter Wagons Ltd Stocks COMPARISON

Financials( in Cr) Jupiter Wagons Ltd Cummins India Ltd Thermax Ltd Carborundum Universal Ltd Grindwell Norton Ltd
Price 572.10 3,681.10 5,397.00 1,626.15 2,713.20
% Change 1.02 -4 2.14 1.95 4.73
Mcap Cr 23,587.34 102,040.09 64,308.49 30,938.80 30,040.55
Revenue TTM Cr 2,068.25 7,772.09 8,089.81 4,654.28 2,012.76
Net Profit TTM Cr 120.68 1,228.15 450.70 441.70 295.08
PE TTM 70.44 69.39 106.78 65.81 74.96
1 Year Return 348.18 111.07 139.26 40.58 28.39
ROCE 23.88 26.89 14.53 20.69 27.49
ROE 16.24 22.53 12.25 17.04 20.97
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 803.39 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 38,211.58 -20,152.87
LAST 3M 113,440.41 -31,179.37
LAST 6M 172,266.38 32,742.67
LAST 12M 272,035.18 123,918.17

Jupiter Wagons Ltd Information

Stock PE (TTM)
70.44
Promoter Holding
70.12%
Book Value
39.1991
ROCE
23.88%
ROE
16.24%
Description
  • Jupiter Wagons Limited (JWL) (Erstwhile Commercial Engineers & Body Builders Co Limited) is the most integrated railway engineering company for freight wagons and passenger coach items for Indian Railways. It is duly diversified into manufacturing of application-based load bodies on commercial vehicles and ISO marine containers for domestic and international use. The Company has unique and fully integrated railway rolling stock manufacturing facility in Kolkata wherein alloy steel foundry is equipped to deliver all essential casting components required for construction of railway wagons. The facility is also equipped with cold roll-forming mills to cater to the requirements of complete range of Indian Railway wagons. This facility has more than 4km of railway siding connected to Bandel Junction under Eastern Railway. The wagon fabrication facility in the same factory is distributed into three sections of clientele namely Indian Railways, Defence and Non-Railway Customers. The second railway engineering unit in Jabalpur is equipped with adequate railway siding and two sections of clientele namely and Indian Railways and Non-Railway Customers. The in-house foundry and CRF mill cater to both the rolling stock fabrication units. Application based commercial vehicles are situated in Jabalpur (two units), Indore and Jamshedpur. The product portfolio includes wagons, wagon accessories, passenger coach, passenger coach accessories, complete track solutions, among others. The Company caters to Commercial Vehicles, Railways and Power sectors through manufacturing of tippers, load bodies, wagons and components. The company`s business comprises of manufacturing vehicle bodies for commercial vehicles, refurbishment of railway wagons and manufacture of components for railway wagons, coaches and locomotives. The company operates in five factories, in which four of their factories are located in the state of Madhya Pradesh and the fifth is located in the state of Jharkhand. The company`s products in the commercial vehicles division cater to the needs of a broad spectrum of industries and sectors, including mining, road construction, goods transportation, solid waste management, municipal applications and the Indian Defense. Their current range of product and service offerings in the railways division comprises of refurbishment of BOXN Wagons and the manufacture of components for wagons, coaches and locomotives. Commercial Engineers & Body Builders Company Ltd was incorporated on September 28, 1979 as a private limited company with the name Commercial Engineers & Body Builders Company Pvt Ltd. In the year 1979, the company commenced their business activities. In January 29, 1996, the company executed an agreement with Madhya Pradesh Windfarm Ltd for the setting up of a single wind electricity generating unit. During the year 2005-06, the company commenced commercial production at the Mandla Factory, then leased from Kailash Auto Builders. They entered into Technical Know-How Agreement with a Thai company called Cho Thavee Dollasien Co Ltd for the production of bodies for heavy vehicles such as tippers, dumpers and trailers under the combined trademark "CTVCEBBCO". In August 18, 2008, as per the scheme of arrangement, the Mandla Factory was de-merged from Kailash Auto Builders Pvt Ltd and transferred to the company with effect from March 31, 2007. During the year 2007-08, the company began expansion and modernization of the Richhai Factory I and the Mandla Factory. During the year 2008-09, the company commenced activities in the railways division. They commissioned robotic welding lines at Richhai Factory I. Also, the company accorded ISO/TS 16949:2002 accreditation by TUV SUD Management Service GmbH. In November 2008, the company commenced commercial production at the Indore Factory. They received their fist order for supply of trailers from Asia MotorWorks Ltd. In December 12, 2008, the company obtained their first purchase order from the Indian Railways for supply of 290 Side-Walls and End-Walls. In February 6, 2009, they received their first order for supply of refrigerated containers from Hino Motors Sales India Pvt Ltd, a group company of the Toyota Group. In March 22, 2009, they commenced commercial production at Richhai Factory II. In April 27, 2009, the company received a purchase order for supply of "long hood structures" from Diesel Locomotive Works. In May 27, 2009, they entered into a Technical Know-How Agreement with a French company by the name of Le Capitaine for the manufacture of refrigerated bodies for vehicles fitted with refrigerated bodies and refrigerated containers. In August 10, 2009, the company obtained an order from the Indian Railways for the upgradation of 250 BOXN wagons. In September 2, 2009, the company obtained an order from the Indian Railways for supply of 200 Side-Walls and End-Walls. In September 23, 2009, they received performance certificate from Wagon Repair Shop, Kota for successfully supplying Side-Walls, End-Walls within the due date of delivery and in accordance with specifications. In September 28, 2009, the company entered into the Joint Project Agreement with Mithila Motors for operation of the Jamshedpur Factory. In November 6, 2006, the company obtained an order from the Indian Railways for the upgradation of 200 BOXN wagons. They entered into a power purchase and wheeling agreement with M P Power Trading Co Ltd and M P Wind Farms Ltd for captive use of the energy generated from their wind electricity generating unit of 225 KW located at Jamgodrani, District Dewas. In December 2009, the company commenced commercial production at the Jamshedpur Factory. They set up refrigerated van manufacturing facility at the Richhai Factory II. Also, they received approval for their Quality Assurance Plan from the RDSO for fabrication of End -Walls, Side-Walls and flap doors of BOXNR Wagons. In January 18, 2010, they received their first order for supply of tippers from Man Force Trucks Pvt Ltd. In March 25, 2010, the company was converted into a public limited company and the name was changed to Commercial Engineers & Body Builders Company Ltd. In April 2010, the company received an award at the "Supplier Conference 2010" held at Indore from the Eicher group for their outstanding contribution to the supply chain management. In June 2, 2010, the company entered into an agreement with Bouvier Resources Ltd for supply of panels and components for railway wagons. During the year 2021-22, the Board of Directors at its meeting held on 28 September, 2020 had approved the Scheme of Arrangement / Amalgamation of Jupiter Wagons Limited (JWL/ Amalgamating Company/ Transferor Company) into and with the Commercial Engineers & Body Builders Co Limited (Company/ Amalgamated Company/ Transferee Company) and their respective shareholders and creditors with the Appointed Date, 1 October, 2019, which accordingly, was made effective from 18th May, 2022.

Registered Address

48 Vandana Vihar Narmada Road, Gorakhpur, Jabalpur, Madhya Pradesh, 482001

Email : cs:jupiterwagons.com
Website : http://www.jupiterwagons.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 533272
NSE Code : JWL
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE209L01016

FAQ’s on Jupiter Wagons Ltd Shares

You can buy Jupiter Wagons Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Jupiter Wagons Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 30, 2024 11:09 AM the closing price of Jupiter Wagons Ltd was Rs.572.10.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 30, 2024 11:09 AM, the market cap of Jupiter Wagons Ltd stood at Rs. 23,587.34.

The latest PE ratio of Jupiter Wagons Ltd as of May 30, 2024 11:09 AM is 70.44

The latest PB ratio of Jupiter Wagons Ltd as of May 30, 2024 11:09 AM is 0.07

The 52-week high of Jupiter Wagons Ltd share price is Rs. 594.00 while the 52-week low is Rs. 125.00

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