Jupiter Wagons (NSE: JWL) has informed the stock market that it has received a contract worth Rs 957 crore from the Railway Ministry.
This contract has been received to manufacture BOSM wagons. The company received this order on March 6.
According to the company, this order will help it further strengthen its position in the market and such an order will also prove the company’s ability to fulfill big orders.
Along with this, the company has also given information on CRISIL’s rating on its bank loan facility.
What Is The Order
It received an offer from the Railway Ministry for the manufacture and supply of wagons on 6 March 2024. The value of this entire contract is Rs 956 crore 87 lakh.
Under the contract, the company has to manufacture and supply 2237 wagons.
The company has informed that CRISIL has given a long-term rating of CRISIL Double A minus to its bank facility worth Rs 1635 crore and has kept the outlook stable.
CRISIL has given a short-term rating of A1 Plus.
How Was The Performance Of The Company And The Stock?
The stock has given bumper returns to its investors in the long term. In the last 3 years, investors’ investment in stocks has increased more than 20 times.
That means an investor who would have invested Rs 1 lakh in the stock 3 years ago, value of his investment is currently more than Rs 18 lakh.
The return on the stock in one year has been 262 percent.
In the December quarter, the company’s profit increased from Rs 44.59 crore to Rs 81.45 crore as compared to last year. That means it has registered an increase of 83 percent.
In the same way, the net sales have grown by 39 percent when compared to the year before and amounted to the figure of 895.84 crore.
EBITDA has increased from Rs 82.06 crore to Rs 129 crore on a year-on-year basis.
About Jupiter Wagons Ltd
Jupiter Wagons Limited is a Non-government company that was incorporated on July 27 the year 2006.
It’s a non-listed public company that is classified as a ‘company restricted by shares’. The company’s authorized capital is the amount of 680.0 lakhs.
It also has 74.468895 percent paid-up capital, which amounts is 506.39 lakhs. Jupiter Wagons Limited’s last annual general meeting (AGM) took place in September 2016.
The company most recently revised its finances on the 31st of March 2016, as per the Ministry of Corporate Affairs (MCA).
Jupiter Wagons Limited has been majorly involved in the Manufacturing (Machinery and equipment) business for the last 17 years. Currently, its operations are running.
Fundamental Analysis of Jupiter Wagons
| Market Cap | ₹ 14,968 Cr. |
| Current Price | ₹ 363 |
| 52-wk High | ₹ 434 |
| 52-wk Low | ₹ 85.2 |
| Stock P/E | 55.6 |
| Book Value | ₹ 25.6 |
| Dividend | 0.14 % |
| ROCE | 24.4 % |
| ROE | 16.8 % |
| Face Value | ₹ 10.0 |
| P/B Value | 14.2 |
| OPM | 13.5 % |
| EPS | ₹ 6.71 |
| Debt | ₹ 374 Cr. |
| Debt to Equity | 0.35 |
Jupiter Wagons Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹350 | ₹500 |
| 2025 | ₹500 | ₹535 |
| 2026 | ₹540 | ₹565 |
| 2027 | ₹570 | ₹580 |
| 2028 | ₹590 | ₹635 |
| 2029 | ₹640 | ₹665 |
| 2030 | ₹670 | ₹697 |
Jupiter Wagons Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 74.62% |
| Mar 2023 | 74.62% |
| June 2023 | 72.37% |
| Sept 2023 | 72.37% |
| Dec 2023 | 70.12% |
| FII Holding | |
| Dec 2022 | 0.02% |
| Mar 2023 | 0.01% |
| June 2023 | 0.27% |
| Sept 2023 | 0.86% |
| Dec 2023 | 1.26% |
| DII Holding | |
| Dec 2022 | 2.15% |
| Mar 2023 | 1.49% |
| June 2023 | 2.26% |
| Sept 2023 | 1.01% |
| Dec 2023 | 2.05% |
| Public Holding | |
| Dec 2022 | 23.21% |
| Mar 2023 | 23.88% |
| June 2023 | 25.10% |
| Sept 2023 | 25.77% |
| Dec 2023 | 26.55% |
Jupiter Wagons Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 216 Cr |
| 2020 | ₹ 126 Cr |
| 2021 | ₹ 996 Cr |
| 2022 | ₹ 1,178 Cr |
| 2023 | ₹ 3,240 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 89 Cr |
| 2020 | ₹ -0 Cr |
| 2021 | ₹ 54 Cr |
| 2022 | ₹ 50 Cr |
| 2023 | ₹ 269 Cr |
Last 3 Years’ Debt-To-Equity Ratio:
Last 10 Years’ Profit Growth:
| 10 Years: | 21% |
| 5 Years: | 40% |
| 3 Years: | 174% |
| Current Year: | 173% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | 11% |
| 3 Years: | 13% |
| Last Year: | 17% |
Last 10 Years’ Sales Growth:
| 10 Years: | 15% |
| 5 Years: | 84% |
| 3 Years: | 154% |
| Current Year: | 88% |
Company’s Positive Signs:
- The company has earned a good profit increase of 40.0 percent CAGR over the last five years.
- The company is expected to deliver an excellent quarter.
Company’s Negative Signs:
- The stock has a price of 15.0 times the value of its book.
- Promoter holdings have decreased compared to the last period: -2.25%
- The number of days a debtor has been increased from 28.7 to 37.6 days.
- It has lower returns on equity which is 12.9 percent in the past 3 years.
Conclusion
This article is a complete guide about Jupiter Wagons Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
