Jupiter Wagons, a key producer of railway wagons, will probably be on traders’ radar in Thursday’s buying and selling session (August 20) after the corporate knowledgeable traders that its unlisted subsidiary, Jupiter Tatravagonka Railwheel Manufacturing facility Non-public Restricted, has obtained a Letter of Intent for the availability of 5,376 wheelsets for Vande Bharat trains, with the order valued at roughly ₹215 crore.
The corporate’s shares have been below stress in current weeks after it reported a weak set of numbers for the June quarter. Income from operations for Q1FY26 stood at ₹459.3 crore, down 47.8% YoY, largely resulting from a scarcity of wheelsets provided by the Railway Wheel Manufacturing facility, Indian Railways, significantly for 25-ton axle load wagons, which kind a serious a part of the corporate’s order ebook.
EBITDA for Q1FY26 got here in at ₹59.8 crore, down 56.2% YoY resulting from operational deleverage from weak income, whereas EBITDA margin slipped to 13.0% from 15.5% in Q1FY25. On the underside line, PAT stood at ₹31.1 crore, a pointy decline of 66.2%, with PAT margin contracting to six.5%.
With provide circumstances now enhancing, the corporate anticipates recovering misplaced manufacturing within the coming months. In the meantime, its EV arm, Jupiter Electrical Mobility (JEM), inaugurated its first showroom in Jayanagar, Bengaluru, marking the beginning of its pan-India growth plan to open 4–6 showrooms by September 2025, aimed toward reworking last-mile supply with clear, purpose-built mobility options.
Throughout the quarter, JEM additionally signed an MoU with Pickkup to deploy 300 JEM TEZ electrical LCVs, additional advancing sustainable last- and mid-mile logistics. The partnership helps the PM e-DRIVE initiative and reinforces India’s transition to scrub mobility.
Inventory misplaced 34% of its worth in 2025
The corporate’s shares have crashed 34% thus far this yr, falling from ₹504 to the present stage of ₹329. If the weak momentum persists by way of the tip of the yr, it should mark their first annual loss since 2019.
The inventory started its sharp decline after touching a brand new all-time excessive of ₹727 in July 2024 and has since misplaced 55%. Nonetheless, it nonetheless trades with positive aspects of two,048% during the last 5 years.
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