Jupiter Wagons Limited — Investor Meet, 17-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Jupiter Wagons reported Q3 income of INR890 Cr (+13% QoQ), EBITDA of INR116 Cr (+12% QoQ) with a 13% margin, and PAT of INR62 Cr (+38% QoQ) at a 7% margin. The consolidated order book stands robust at INR5,041 Cr, with approximately 8,000 wagons pending, primarily for private clients. While wheelset supply constraints have eased, full resolution awaits the Odisha plant's production commencement by year-end. Management expects FY27 to be muted but projects very strong growth in FY28, targeting INR8,000-10,000 Cr revenue, driven by diversified products, EV mobility, and new passenger rolling stock forays. Opportunities from EU/US trade deals also boost confidence.