Jupiter Wagons Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Commercial Engineers and Body Builders Company Ltd., or CEBBCO for short, does a lot more than just make metal things. In fact, we work on a wide range of products, including rail freight wagons and their parts, truck bodies for various models of commercial trucks, and so on.

Jupiter Wagons Share Price Target 2024-2030

Jupiter Wagons Limited, a company that was founded in 1979, manufactures braking systems, commercial vehicles, and sea containers, in addition to providing all-inclusive transportation services like goods wagons, engines for trains, carriages for passengers, and metros, among other things. Their main office is in Kolkata, West Bengal, with factories in places like Kolkata itself, Jamshedpur, Indore, and Jabalpur.

Jupiter Wagon Share Price Target Today Update

• A contract for the construction of 697 Bogie Open Military (BOM) at a cost of Rs 473 crores is signed by Jupiter Wagons and the Defense Ministry.
• Jupiter Wagons was awarded a Rs. 1,617 crore contract to manufacture and supply 4,000 BOXN wagons. Jupiter Wagons released a statement announcing that it had been awarded a contract to produce four double-decker automobile carriers for Rs 100 million.
• Jupiter Wagon intends to make a one-year investment of Rs 1,000 crore to try commercial electric vehicle production and increase its manufacturing capacity.

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Jupiter Wagons Business Profile

The company’s portfolio includes shipping containers, skip loaders, garbage bin collectors, troop carrier vehicle bodies, prison van bodies, and water bowser bodies. Mining, road construction, goods transportation, solid waste management, municipal applications, and defense are just a few of the many industries and sectors they support.

• Manufacturing facilities: In Central India, the company has six manufacturing facilities, including Jabalpur (4), Indore, and Jamshedpur. The company’s primary clients are the railways and commercial vehicle manufacturers, such as Tata Motors, VE Commercial Vehicles, the Ministry of Defence, Mahindra & Mahindra, Reliance Industries, and the Ministry of Indian Railways. “More than 70%” of the country’s monthly income comes from the Indian Railways.
• Order Book: As of FY21, they had an order book totaling 1,200 crores, which included 186 BOXNHL wagons, 56 BCACBM wagons, and 600 ISO containers. Adani Logistics Services Pvt. Ltd. and Kribhco Infrastructure Pvt. Ltd. have placed orders with Co. for ISO container supply, it is hereby announced. These containers are currently being shipped to customers.
• Technical Capabilities: The company has strong technical skills for its wagon manufacturing business because it has previously designed key murrain parts like cold rolled form (CRF) sections in-house. In addition, it is collaborating with an overseas partner to produce high-speed brake systems, which are crucial components.
• Acquisition: Jupiter Wagons Limited (JWL) acquired 45.45 percent of the company in January 2019, giving JWL, along with its affiliates and supporters, a controlling stake of 60.6% in the business. On June 25, 2021, the company approved the merger of Commercial Engineers & Body Builders Co Limited and Jupiter Wagons Limited.

Jupiter Wagons Fundamentals & Quarterly Results

Metric	Value
Market Cap	₹ 22,664 Cr.
Current Price	₹ 534
High / Low	₹ 748 / 267
Stock P/E	63.2
Book Value	₹ 39.3
Dividend Yield	0.06%
ROCE	31.7%
ROE	27.4%
Face Value	₹ 10.0
FCF Prev Ann	₹ 7.81 Cr.
Debt to Equity	0.21
Debt (Preceding Year)	₹ 288 Cr.
Reserves	₹ 1,210 Cr.
Quick Ratio	0.75
Current Ratio	1.55
Free Cash Flow	₹ -97.2 Cr.

Jupiter Wagons Quarterly Results

Metric	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	295	417	644	712	753	879	896	1,113	895
Expenses	265	367	564	619	656	758	771	965	766
Operating Profit	30	50	81	93	97	121	125	148	129
OPM %	10%	12%	13%	13%	13%	14%	14%	13%	14%
Other Income	1	1	2	1	2	5	5	8	7
Interest	6	7	7	9	8	10	11	11	12
Depreciation	6	7	6	6	7	7	7	7	7
Profit before tax	20	37	69	79	85	109	111	139	117
Tax %	32%	33%	33%	48%	25%	25%	25%	25%	24%
Net Profit	13	25	46	41	64	82	83	104	89
EPS in Rs	0.35	0.64	1.20	1.05	1.59	2.04	2.02	2.53	2.16

CAGR Report

Metric	10 Years	5 Years	3 Years	TTM / 1 Year
Compounded Sales Growth	39%	76%	54%	50%
Compounded Profit Growth	21%	80%	84%	104%
Stock Price CAGR	42%	110%	159%	87%
Return on Equity	–	18%	19%	27%

Jupiter Wagons Shareholding Pattern

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Jul 2024
Promoters	55.19%	60.71%	60.65%	60.65%	60.65%	74.62%	70.12%	68.11%
FIIs	0.00%	0.00%	0.00%	0.00%	0.07%	0.01%	2.28%	5.34%
DIIs	0.00%	9.33%	9.33%	9.33%	9.33%	1.49%	1.92%	2.30%
Public	44.81%	29.96%	30.02%	30.02%	29.95%	23.88%	25.68%	24.24%
No. of Shareholders	12,472	10,767	10,714	10,740	16,222	29,778	1,75,669	2,30,983

Jupiter Wagons Share Price Target 2024-2030 Forecast

Year	Initial Target	Mid-Year Target	Year-End Target
2024	₹927.59	₹1222.14	₹1398.87
2025	₹1427	₹1342	₹1602
2026	₹1634	₹1535	₹1832
2027	₹1869	₹1756	₹2096
2028	₹2138	₹2010	₹2399
2029	₹2447	₹2300	₹2747
2030	₹2802	₹2633	₹3143

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JUPITER WAGONS Share Price Target 2025

Month	Target
January	₹1427
February	₹1456
March	₹1485
April	₹1436
May	₹1388
June	₹1342
July	₹1396
August	₹1452
September	₹1510
October	₹1540
November	₹1571
December	₹1602

JUPITER WAGONS Share Price Target 2026

Month	Target
January	₹1634
February	₹1667
March	₹1700
April	₹1643
May	₹1588
June	₹1535
July	₹1596
August	₹1660
September	₹1726
October	₹1761
November	₹1796
December	₹1832

JUPITER WAGONS Share Price Target 2027

Month	Target
January	₹1869
February	₹1906
March	₹1944
April	₹1879
May	₹1816
June	₹1756
July	₹1826
August	₹1899
September	₹1975
October	₹2015
November	₹2055
December	₹2096

JUPITER WAGONS Share Price Target 2028

Month	Target
January	₹2138
February	₹2181
March	₹2225
April	₹2151
May	₹2079
June	₹2010
July	₹2090
August	₹2174
September	₹2261
October	₹2306
November	₹2352
December	₹2399

JUPITER WAGONS Share Price Target 2029

Month	Target
January	₹2447
February	₹2496
March	₹2546
April	₹2461
May	₹2379
June	₹2300
July	₹2392
August	₹2488
September	₹2588
October	₹2640
November	₹2693
December	₹2747

JUPITER WAGONS Share Price Target 2030

Month	Target
January	₹2802
February	₹2858
March	₹2915
April	₹2818
May	₹2724
June	₹2633
July	₹2738
August	₹2848
September	₹2962
October	₹3021
November	₹3081
December	₹3143

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Factors Influencing Jupiter Wagons Share Price

• Economic Indicators:The demand for Jupiter Wagons Ltd.’s solutions is currently influenced by domestic and global financial conditions like GDP growth, business production, and infrastructure spending.
• Government Policies:Jupiter Wagons Ltd.’s sales and market opportunities are significantly impacted by government regulations and budget allocations related to sustainable finance, railway modernization, and infrastructure development.
• Interest Rates:Jupiter Wagons Ltd.’s price range and profitability are particularly affected by fluctuations in hobby expenses caused by financial coverage and economic conditions.
• Technological Innovations:Product services and operational efficiencies can be improved by technological advancements in transportation and rail, thereby positively affecting profitability.
• Market Competition:The competitive landscape in the railway production region has an effect on market share and pricing strategies. Maintaining Jupiter Wagons Ltd.’s market position necessitates the company’s ability to differentiate itself through innovative solutions, customer service, and strategic partnerships..

Final Words

In conclusion, the strategic responsibilities, monetary normal performance metrics, and broader railway manufacturing market trends of the Jupiter Wagons % rate goal from 2025 to 2030 make it novel. Investing in cutting-edge railway and transportation technologies, automation, and data analytics to improve product performance, overall quality, and operational common fundamental quality places the company in a favorable position for long-term price creation despite short-term volatility and sectoral challenges.