Jupiter Wagons Q4 Results: Cons PAT tumbles 72% to Rs 29 crore, revenue falls 25% YoY

Jupiter Wagons, a non-public firm within the railway sector, reported a consolidated web revenue of Rs 29 crore for the March quarter of FY26, marking an enormous 72% decline from Rs 103 crore posted in the identical interval final yr. The revenue is attributable to the homeowners of the corporate.

The corporate’s revenue from operations got here in at Rs 780 crore, additionally down 25% from Rs 1,044 crore reported within the corresponding quarter of the earlier monetary yr.

The corporate’s EBITDA got here in at Rs 83 crore, reporting a considerable drop of 46% from Rs 153 crore within the fourth quarter of the earlier monetary yr. Its EBITDA margin additionally got here in decrease, down by 410 foundation factors to 10.6% from 14.7% within the fourth quarter of economic yr 2025.

The corporate’s bills for the quarter got here in at Rs 731 crore, down 20% from Rs 923 crore in Q4FY25, the corporate stated in a regulatory submitting.

For the total yr beneath overview, revenue from operations got here in at Rs 2,916 crore, decrease by greater than 26% or Rs 1,047 crore, from Rs 3,963.27 crore posted within the earlier monetary yr.

Revenue after tax declined 56% to Rs 166 crore, down from Rs 380 crore posted in FY25, the corporate stated on Saturday.

Jupiter Wagons shares have declined 14% because the starting of the yr and about 26% up to now 1 yr. The inventory has been within the information off late after a report stated Indian Railways is making ready to launch a mega Rs 40,000-crore tender to procure 1 lakh freight wagons over the subsequent three to 4 years.

Final month, worldwide brokerage Jefferies initiated protection on Jupiter Wagons with an ‘Underperform’ score and a goal value of Rs 200, implying a possible draw back of 31% from Rs 290. Jefferies expects development at Jupiter Wagons to reasonable because the enterprise stays closely depending on the lower-growth freight wagon phase.

The brokerage estimates a 23% EPS CAGR for Jupiter Wagons over FY26-30, considerably decrease than Titagarh’s projected 43%, with wagons anticipated to proceed contributing greater than 60% of general gross sales even by FY28. It additionally stated the corporate’s new wheel manufacturing facility is probably going to make a significant contribution solely after FY28.

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