Jupiter Wagons Limited — Investor Meet, 19-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Jupiter Wagons' Q1 FY26 consolidated income was INR476 crore, with PAT at INR31 crore, impacted by short wheelset supply. Management expects a strong recovery as supplies normalize, reaffirming FY26 growth and margin guidance. The confirmed order book stands at INR5,972 crore. Key future growth drivers include the new Odisha wheel plant (targeting INR2,000-3,000 crore by FY28) and the rapidly expanding Jupiter Electric Mobility & Battery division (aiming for INR500-1,000 crore by FY28), securing significant EV dispatches and BESS orders. Management expressed confidence in future performance driven by these new verticals.