Jupiter Wagons Ltd Share Price – NSE  / BSE

Capital Goods-Non Electrical Equipment, Small Cap

Net profit of Jupiter Wagons declined 72.08% to Rs 28.83 crore in the quarter ended March 2026 as against Rs 103.26 crore during the previous quarter ended March 2025. Sales declined 25.31% to Rs 780.15 crore in the quarter ended March 2026 as against Rs 1044.55 crore during the previous quarter ended March 2025.

For the full year,net profit declined 55.25% to Rs 171.08 crore in the year ended March 2026 as against Rs 382.26 crore during the previous year ended March 2025. Sales declined 26.43% to Rs 2915.70 crore in the year ended March 2026 as against Rs 3963.28 crore during the previous year ended March 2025.

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Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 30 May 2026.

Jupiter Tatravagonka Railwheel Factory (JTRWF), has entered into a definitive long-term supply agreement with the leading European rail wagon manufacturer Tatravagonka a.s. for the supply of rail wheels, axles, and wheelsets.

Through its greenfield plant at Odisha, the company has planned annual capacity of One Lakh wheelsets. And expects to export approximately 50,000 wheelsets annually to the European market placing India squarely on the global rail supply chain map.

The agreement is structured for 10 years, with commercial supplies expected to commence by the end of calendar year 2027. The deal establishes a required procurement framework under which TATRAVAG?NKA a.s. and its affiliates will procure railway wheels, axles, and wheelsets from JTRWF. TATRAVAG?NKA a.s., which manufactures and maintains freight wagons for customers across Europe and beyond, currently alone consumes approximately 20,000 to 30,000 wheelsets annually to sustain its operations.

JTRWF's greenfield Odisha plant, will cater to this demand and has been purpose-built with a state-of-the art design and engineering capabilities. With an estimated investment of Rs 3,000 crore, the facility is being designed with a planned annual production capacity of 100,000 wheelset and will cater to both domestic international demands. The company has previously indicated that nearly 40-50% of the Odisha plant's production capacity is expected to cater to export markets over the long term.

Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons (JWL), today announced the signing of formal MoUs with Chalukya Power and Pickrenew Energy, two of India's marquee renewable energy developers. The agreements add 110 MWh of Battery Energy Storage System (BESS) business, comprising a mix of Utility-scale and Commercial and Industrial (C&I) deployments, to JEM Energy's orderbook for FY 2026-27.

With these additions, JEM Energy's current BESS orderbook stands at Rs 150+ crore, inclusive of engagements with private renewable energy developers and select Public Sector Undertaking (PSU) clients like Power Grid. The company is targeting Rs 200 crore in combined orderbook in the Battery and BESS segment within FY 2026-27, reflecting strong and accelerating commercial momentum across both private and institutional segments.

Looking ahead to FY 2027-28, JEM Energy is targeting Rs 500+ crore revenue in the battery and BESS vertical.