Jupiter Wagons Limited · NSE:JWL
Jupiter Wagons — Q3 FY26 Earnings Presentation
23 slides from Jupiter Wagons's earnings presentation, Feb 11, 2026
Slide 1: Exchange filing cover letter for investor presentation
February 11, 2026 To, The Corporate Relationship Department, The Manager, Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 001. Mumbai - 400 051. Scrip Code: 533272 NSE S
Slide 2: Earnings Update: Q3 & 9M FY26
Jupiter Wagons Ltd Earnings Update: Q3 & 9M FY26 11th February 2026
Slide 3: Safe Harbour
Safe Harbour Certain statements and opinions with respect to the anticipated future performance of Jupiter Wagons Ltd (JWL) in the presentation (“forward-looking statements”), which reflect various assumptions concerning the strategies, objectives and anticipated results may or may not prove to be c
Slide 4: Key Financial Updates – Q3 FY26 (Consolidated)
Key Financial Updates – Q3 FY26 (Consolidated) Revenue from operations for Q3 FY26 stood at ₹ 890 Crore, up 13% qoq on the back of improved supply of wheelsets in the wagons business EBITDA for Q3 FY26 at ₹ 116 Crore, up by 12% qoq EBITDA Margin was 13% in Q3 FY26 compared to 13.2% in Q2 FY26 PAT fo
Slide 5: Q3 FY26 Financial Updates – Consolidated
Q3 FY26 Financial Updates – Consolidated Consolidated - Q-o-Q Revenue (₹ In Crore) EBIDTA (₹ In Crore) PAT (₹ In Crore) 13% q-o-q 149 12% q-o-q 38% q-o-q 1,030 96 890 116 786 104 62 45 Q3 FY25 Q2 FY26 Q3 FY26 Q3 FY25 Q2 FY26 Q3 FY26 Q3 FY25 Q2 FY26 Q3 FY26 Jupiter Wagons Ltd 4
Slide 6: Key Financial Updates – 9M FY26 (Consolidated)
Key Financial Updates – 9M FY26 (Consolidated) Revenue from operations for 9M FY26 stood at ₹ 2,135 Crore EBITDA for 9M FY26 at ₹ 279 Crore EBITDA Margin was 13.1% in 9M FY26 compared to 14.6% in 9M FY25. PAT for 9M FY26 stood at ₹ 139 Crore, with a PAT Margin of 6.5%. EPS for 9M FY26 is ₹ 3.41 per
Slide 7: 9M FY26 Financial Updates – Consolidated
9M FY26 Financial Updates – Consolidated Consolidated - 9M-vs-9M Revenue (₹ In Crore) EBIDTA (₹ In Crore) PAT (₹ In Crore) 27% q-o-q 425 34% q-o-q 278 50% q-o-q 2,919 2,136 279 139 9M FY25 9M FY26 9M FY25 9M FY26 9M FY25 9M FY26 Jupiter Wagons Ltd 6
Slide 8: Consolidated Profit & Loss statement
Consolidated Profit & Loss statement (₹ in Crore) Q3 Q2 Q3 Particulars Q-o-Q (%) Y-o-Y (%) 9M FY26 9M FY25 Y-o-Y (%) FY26 FY26 FY25 Revenue 890.4 785.8 13.3% 1,029.8 -13.5% 2,135.6 2,918.7 -26.8% Other Income 9.2 10.3 -10.1% 14.8 -37.8% 36.4 32.4 12.3% Total Income 899.6 796.1 13.0% 1,044.7 -13.9% 2
Slide 9: Key Financial Updates – Q3 FY26 (Standalone)
Key Financial Updates – Q3 FY26 (Standalone) Revenue from operations for Q3 FY26 stood at ₹ 776 Crore, up 9.7% qoq on the back of improved supply of wheelsets in the wagons business EBITDA for Q3 FY26 at ₹ 94 Crore, up by 6.3% qoq EBITDA Margin was 12.1% in Q3 FY26 compared to 12.4% in Q2 FY26 PAT f
Slide 10: Q3 FY26 Financial Updates – Standalone
Q3 FY26 Financial Updates – Standalone Standalone - Q-o-Q Revenue (₹ In Crore) EBIDTA (₹ In Crore) PAT (₹ In Crore) 10% q-o-q 141 6% q-o-q 11% q-o-q 1,000 98 776 707 94 88 58 53 Q3 FY25 Q2 FY26 Q3 FY26 Q3 FY25 Q2 FY26 Q3 FY26 Q3 FY25 Q2 FY26 Q3 FY26 Jupiter Wagons Ltd 9
Slide 11: Key Financial Updates – 9M FY26 (Standalone)
Key Financial Updates – 9M FY26 (Standalone) Revenue from operations for 9M FY26 stood at ₹ 1,894 Crore EBITDA for 9M FY26 at ₹ 233 Crore EBITDA Margin was 12.3% in 9M FY26 compared to 14% in 9M FY25. PAT for 9M FY26 stood at ₹ 144 Crore, with a PAT Margin of 7.6%. EPS for 9M FY26 is ₹ 3.40 per shar
Slide 12: 9M FY26 Financial Updates – Standalone
9M FY26 Financial Updates – Standalone Standalone - 9M-vs-9M Revenue (₹ In Crore) EBIDTA (₹ In Crore) PAT (₹ In Crore) 34% q-o-q 42% q-o-q 48% q-o-q 276 403 2,869 1,894 232 144 9M FY25 9M FY26 9M FY25 9M FY26 9M FY25 9M FY26 Jupiter Wagons Ltd 11
Slide 13: Standalone Profit & Loss statement
Standalone Profit & Loss statement (₹ in Crore) Q3 Q2 Q3 Particulars Q-o-Q (%) Y-o-Y (%) 9M FY26 9M FY25 Y-o-Y (%) FY26 FY26 FY25 Revenue 775.9 707.2 9.7% 1,000.0 -22.4% 1,894.0 2,868.6 -34.0% Other Income 8.2 7.5 9.4% 10.6 -22.8% 29.6 25.5 16.2% Total Income 784.1 714.8 9.7% 1,010.7 -22.4% 1,923.7
Slide 14: Q3 & 9M FY26: Operating Highlights
Q3 & 9M FY26: Operating Highlights (In Nos.) Q3 Q2 Q3 9M 9M Year ended Particulars FY 26 FY 26 FY 25 FY 26 FY 25 FY 25 Railway Wagons 1,697 1,628 2,259 4,151 6,343 8,718 CMS Crossing 462 211 297 935 802 933 Commercial Vehicle Bodies & Components 3,378 2,006 2,391 7,566 6,110 8,548 Containers 342 500
Slide 15: MD’s Message
MD’s Message Commenting on the results, Mr. Vivek Lohia, Managing Director of Jupiter Wagons Ltd., said, During Q3 FY26, the Company witnessed further improvement in performance with consolidated revenues of ₹890 crore, representing a sequential growth of 13% quarter-on-quarter compared to Q2 and Co
Slide 16: MD’s Message
MD’s Message Our wheelsets business is witnessing steady growth and has healthy orderbook for wheelsets and Axle supply across different applications - Freight wagons, LHB coaches, Metro applications, Vande Baharat train, etc. The Odisha railwheel facility—a key structural initiative aimed at addres
Slide 17: Key Highlights- H1 FY26
Key Highlights- H1 FY26 Company has appointed Mr. Mark Damian Stevenson as an Additional Director in the category of Non-Executive Non- Independent Director of the Company with effect from December 15, 2025. Mr. Mark Damian Stevenson is a seasoned senior rail industry executive with more than three
Slide 18: Annexure
The picture can't be displayed. Annexure 17
Slide 19: FY25 Financial Highlights – Standalone
FY25 Financial Highlights – Standalone EBITDA (₹ In Crore) PAT (₹ In Crore) Total Revenue (₹ In Crore) 4Y CAGR 40.3% 4Y CAGR 50.6% 4Y CAGR 62.1% 546 3,905 3,662 491 373 333 2,073 254 1,182 125 998 106 114 54 50 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Jupiter
Slide 20: Financial Highlights – 5 year trend
Financial Highlights – 5 year trend Particulars FY21 FY22 FY23 FY24 FY25 Profitability Ratio EBITDA Margin % 10.7% 9.9% 12.5% 13.5% 14.1% PAT Margin % 5.4% 4.2% 6.0% 9.1% 9.6% Efficiency Ratio Inventory Turnover 3.4 3.1 3.8 4.1 3.7 Debtors Turnover 18.1 16.4 14.6 10.7 6.1 Creditors Turnover 6.2 6.8
Slide 21: Robust Manufacturing Capabilities
The picture can't be displayed. Robust Manufacturing Capabilities No of Facilities Products Unit 1 Load bodies for Commercial Vehicle Unit of Stone India Jamshedpur Baddi Jabalpur No of Facilities Products Kolkata Unit 1 & 2 Load bodies for Commercial Vehicle No of Facilities Products Unit 3 Wagons,
Slide 22: Technology Alliance With Best-In-Class Global Players
Technology Alliance With Best-In-Class Global Players Products JV will Key Players Status / Structure manufacture Tatravagonka Tatravagonka, one of the dominant wagon manufacturer in Europe Strategic Investor NA Poprad Kovis D.O.O. is a leading manufacturer of Brake discs for railway vehicles and JV
Slide 23: Thank You
Thank You Mayank Vaswani / Jenny Kunnappally CDR India Tel: +91 98209 40953 / +91 86899 72124 Email: mayank@cdr-india.com / jenny@cdr-india.com