Jupiter Wagons share price today

Jupiter Wagons Ltd's share price was ₹197.04 at the close on 4 November 2026. It has been falling for 92 weeks. That is 24.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹173 and ₹348, and at that close it sat 14% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Jupiter Wagons Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 24 weeks running.

Over the last 11 years the share price moved +1,020% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 12 June 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue grew again in the June 2026 quarter, profit down on a year earlier for 6 quarters in a row and foreign funds (FIIs) cut their stake for 3 quarters in a row.

1. Revenue grew again in the June 2026 quarter

   Revenue was ₹671 crore, +46.2% on a year earlier (₹459 crore), after 5 quarters of decline.

2. Profit down on a year earlier for 6 quarters in a row

   In the June 2026 quarter profit was ₹26 crore, -16.1% on a year earlier.

   Why: Profit fell mainly because the company's margin, the share of sales left after costs, was weaker. Management put this down to lower volume and fixed costs spread over fewer units.

   Next results: check whether profit improves as BESS work and private wagon orders pick up, since management expects Q3 and Q4 to be better.

   From the earnings call on 30 Sep 2026.

3. Foreign funds (FIIs) cut their stake for 3 quarters in a row

   From 4.5% to 3% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Jupiter Wagons reported revenue of ₹671 crore, up 46.2% from ₹459 crore a year earlier, and a profit of ₹26.0 crore, down 16.1% from ₹31.0 crore.

Jupiter Wagons results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Jupiter Wagons' management discussed these results on a call held on 30 September 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Jupiter Wagons closed at ₹197.04 on 4 November 2026, down 37.0% from ₹312.80 a year earlier (7 November 2025) and up 472.0% over five years. Its highest weekly close since March 2016 was ₹730.00 on 5 July 2024.

Jupiter Wagons share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Jupiter Wagons closed at ₹197.04, up 8.2% on the week and down 11.9% on the month. 30 Sep 2026: Jupiter Wagons held its results call for April to June 2026. Management guided: Current-year consolidated turnover around ₹3,000 crore and wagon sales approximately 5,500.

Earlier

• Results for April to June 2026: Revenue up 46.2% and profit down 16.1% on a year earlier.

Jupiter Wagons paid no dividend in the 12 months to 5 November 2026. The last was an interim dividend of ₹1 a share, ex-date 30 May 2025.

Jupiter Wagons dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Jupiter Wagons Ltd paid out 25% of its profit as dividends in FY26, and it paid a dividend in 4 of its last 6 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 30 September 2026, Jupiter Wagons' management guided: Current-year consolidated turnover around ₹3,000 crore and wagon sales approximately 5,500.

“The axle line will come up by March 27, and the wheel line will be operational by March 28.”Vinod Agarwal, CFO, on the call for April to June 2026

What management guided

• FY28-FY29 consolidated turnover goal ₹8,000-9,000 crore; non-wagon revenue 50% and blended operating margin 15-16%.
• Odisha wheelset project: ₹2,500 crore capital spending, 1 lakh annual capacity, 35% equity/65% debt; axle line March 27, wheel line March 28, half of capacity planned for exports.
• Indian Railways tender expected end Q3/start Q4; company expects close to 7,000 wagons annually as its share.
• BESS order book planned at ₹1,000 crore by year-end.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 30 September 2026.

When Jupiter Wagons reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Railway tender award and backlog rebuild - check whether the expected announcement arrives within the indicated window.

Jupiter Wagons is not on any of our India lists this week.

Jupiter Wagons Ltd earned ₹26.0 Cr of net profit in the Jun 2026 quarter, −16.1% on the same quarter a year earlier. Full-year FY26 profit was ₹166 Cr. Over 5 years profit has grown 25.7% a year on average. That is 3.9% of the quarter's revenue. The same quarter a year earlier earned ₹31.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹166 Cr (−56.3% on the year before).

Why profit moved: revenue changed +46.2% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −43.7% and revenue −3.7%. Profit is growing slower than sales: rising costs are taking part of the growth.

Jupiter Wagons Ltd reported ₹671 Cr of revenue in the Jun 2026 quarter, +46.2% on the same quarter a year earlier. Over 5 years it has grown 24.0% a year on average. The last full year, FY26, came in at ₹2,916 Cr. The last four reported quarters add to ₹3,127 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹2,916 Cr, −26.4% on the year before.

Recent pace: the last four quarters grew −3.7% on average, against 24.0% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −11.7%, against −8.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −49.8%, against −33.3% a year (rolling over).

Jupiter Wagons Ltd's operating margin was 10.0% in the Jun 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 6 years it has been between 10.0% and 14.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.2 percentage points on the year while gross margin changed −8.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 11% of Jupiter Wagons Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹9.0 Cr of operating cash against ₹166 Cr of profit. After ₹414 Cr of spending on assets, free cash was −₹405 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 11% of profit came in as cash: the cash cycle got 136 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 136 days longer. The next section looks at where the cash is stuck.

Jupiter Wagons Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 213 days in FY26, up from 77 days in FY21. It spent ₹1,043 Cr on assets over the last 3 years. Customers take 95 days to pay, and stock sits for 188 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,916 Cr, each day of that cycle ties up about ₹8.0 Cr, so roughly ₹1,702 Cr is tied up in the business at any time.

FY26: customers took 95 days to pay and stock sat for 188 days, about 6.2 months of sales sitting as stock, for a full cycle of 213 days, longer than FY21's 77.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 188 days. Customers pay about 95 days after that. Suppliers are paid at 69 days. Together that makes the 213-day cycle.

Spending on assets: ₹1,043 Cr over the last 3 years, against ₹149 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹270 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Jupiter Wagons Ltd's P/E is 47.3×, in the middle of its own history: higher than 37% of past readings. Its usual P/E (the middle reading) is 55.1×, over 4.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹3.90.