Jupiter Wagons Ltd

Jupiter Wagons Limited submitted a certificate to the Bombay Stock Exchange and National Stock Exchange under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, confirming that details of dematerialized and rematerialized securities have been furnished to the stock exchanges, with Kfin Technologies Limited acting as the Registrar and Share Transfer Agent.

Jupiter Wagons Ltd announced today, October 1, 2026, that ACUITE Ratings and Research Limited has reaffirmed credit ratings to its bank facilities, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Specifically, ACUITE Ratings reaffirmed the long term rating as ACUITE AA/Stable and the short term rating as ACUITE A1(+) for the bank loan ratings, with no enhancements, assignments, or withdrawals noted; the ratings pertain to both long term and short term bank facilities, and the reaffirmation is detailed in a letter dated September 30, 2026.

Jupiter Wagons Limited informed the BSE Limited and National Stock Exchange of India Limited that the trading window for dealing in the company's securities will be closed for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half year ended September 30, 2026.

Jupiter Wagons Limited has incorporated a subsidiary company, Jupiter Rail Mobility Private Limited, with an authorized share capital of Rs 15,00,000 and a paid-up share capital of Rs 1,00,000, according to a filing with the BSE Limited and National Stock Exchange of India Limited on September 15, 2026. Jupiter Wagons Limited holds 99.9% of the shareholding in Jupiter Rail Mobility Private Limited, which operates in the railway and engineering industry, and was incorporated on September 3, 2026.

Jupiter Wagons Limited informed the BSE Limited and National Stock Exchange of India Limited that Tuesday, September 22, 2026, has been set as the record date for the 46th Annual General Meeting of the company scheduled to be held on Tuesday, September 29, 2026.

Jupiter Wagons Limited informed the BSE Limited and National Stock Exchange of India Limited that it has submitted a statement of deviation or variation in the utilization of funds raised through a qualified institutions placement on December 4, 2023, amounting to Rs 403.41 crore (net proceeds of Rs 394.18 crore) for the quarter ended June 30, 2026, noting no deviation or variation in the use of funds, with Care Ratings Limited serving as the monitoring agency.

Jupiter Wagons Limited will hold a board meeting on August 14, 2026, via video conference to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited. The trading window for securities of the company remains closed for designated persons and their immediate relatives until 48 hours after the declaration of the financial results, following a previous intimation dated June 24, 2026.

Jupiter Wagons Limited announced a strategic partnership with Lucchini RS Holding S.p.A. and SIMEST S.p.A. to establish India's first fully integrated private-sector railwheel manufacturing platform. Lucchini RS will acquire a 15% equity stake in Jupiter Tatravagonka Railwheel Factory Private Limited (JTRWF), while SIMEST will acquire an additional 10% stake, representing a combined consideration of approximately €28 million, backed by the Government of Italy through the Sistema Italia framework. The partnership combines Jupiter Wagons' manufacturing capabilities with Lucchini RS's railwheel technology expertise to serve the Indian railway market and build a robust export platform.

The company has signed a Letter of Intent (LoI) with JSW (South) Rail Logistics for the manufacture and supply of five BFNSM1 rakes along with BVCM wagons. The contract, valued at Rs 122.88 crore, is scheduled for execution within seven months from the date of signing. In addition, Jupiter Wagons will supply two BFNV wagons to JSW under an earlier requirement. Separately, Central Warehousing Corporation, a Government of India enterprise, has awarded the company a contract worth Rs 141.44 crore for the manufacture and supply of eight BLSS rakes comprising 32 BLSS-A wagons, 352 BLSS-B wagons and eight brake vans. The order is expected to be completed within one year from the date of the Letter of Award (LoA). Together, the two orders have a cumulative value of approximately Rs 264.32 crore and further strengthen Jupiter Wagons' order book while underscoring the growing demand for modern freight transportation solutions across industrial and logistics sectors. Vivek Lohia, managing director, Jupiter Wagons, said: These order wins from JSW (South) Rail Logistics and Central Warehousing Corporation further strengthen our growth momentum and reflect the continued confidence of leading logistics and infrastructure organisations in Jupiter Wagons' manufacturing capabilities and execution excellence. As India continues to invest in rail-led logistics, multimodal connectivity and freight infrastructure, we see sustained opportunities across both public and private sector customers. The demand for efficient, specialised and high-capacity rolling stock continues to grow. We are committed to supporting this transition through advanced wagon solutions that enhance logistics efficiency, improve turnaround times and contribute to the nation's infrastructure and economic growth objectives. The company stated that the orders are aligned with its strategy of strengthening India's rail freight ecosystem through innovative wagon platforms designed to meet evolving customer requirements. With diversified manufacturing capabilities and a broad product portfolio, Jupiter Wagons continues to support the modernization of the country's transportation and logistics infrastructure. Jupiter Wagons provides mobility and railway infrastructure solutions across freight wagons, locomotives, commercial vehicles and ISO marine containers. The company also manufactures components such as wheels, axles, brake systems, bogies and couplers, catering to sectors including railways, transportation, logistics, defence and infrastructure. On the financial front, the company's consolidated net profit declined 72.08% to Rs 28.83 crore in the quarter ended March 2026, compared with Rs 103.26 crore in the corresponding quarter of the previous year. Revenue from operations fell 25.31% to Rs 780.15 crore from Rs 1,044.55 crore reported in the year-ago period. The counter slipped 2.18% to Rs 261.90 on the BSE. Powered by Capital Market - Live

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. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales780.151044.55 -25 2915.703963.28 -26 OPM %10.0914.08 -12.1314.27 - PBDT71.56142.36 -50 329.91549.54 -40 PBT53.76127.47 -58 262.82495.90 -47 NP28.83103.26 -72 171.08382.26 -55 Powered by Capital Market - Live