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Jupiter Wagons Share Price Target 2023, 2024, 2025, 2026, 2030

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Jupiter Wagons Share Price Target: Hello, and welcome to this article. Today, we’ll review Jupiter Wagons’s operations, how it earns profits, potential growth areas, and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Jupiter Wagons shares.

In addition, after analyzing the company’s stock, we will share the results with you, so that you will have an idea about this stock.

This railway-related company has made its investors rich. We will inform you about a railway stock that has given huge returns to investors over the past one year. 

The company’s quarterly results have recorded a rise in the amount of 241 percent. Following the quarterly results the stock price of the company has become a rocket.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss Jupiter Wagons Share Price Target 2023, 2024, 2025, to 2030.

Before diving into Jupiter Wagons stock price targets let’s look at the Jupiter Wagons company background, the technical basics, fundamental analysis, shareholders, future potential, etc.

It will help you in making a final decision about your next investment. However, first, let’s examine the company’s history and its complete business structure.

Fundamental Analysis of Jupiter Wagons

  • Market Cap ₹ 13,551 Cr.
  • Current Price ₹ 339
  • High / Low ₹ 412 / 79.3
  • Stock P/E 58.3
  • Book Value ₹ 26.4
  • Dividend Yield 0.15 %
  • ROCE 24.4 %
  • ROE 16.8 %
  • Face Value ₹ 10.0
  • Price to book value 12.8
  • Price to Earning 58.3
  • OPM 13.1 %
  • EPS ₹ 5.88
  • Debt ₹ 374 Cr.
  • Debt to equity 0.35
  • Return on equity 16.8 %
  • Return on assets 9.23 %

About Jupiter Wagons Ltd

Jupiter Wagons Limited is a large-cap company that makes railway wagons. Presently, Jupiter Wagons has the capacity to produce 7400 wagons per year. 

The company plans to increase the capability to 8400 wagons before the close of the year. The central plant of the company aims to make railway wagons high-speed bogies, and railway castings.

These are used in many different industries, such as mining transportation roads defense waste management, and many more.

There are six locations in which they manufacture all of these items. These places are in Central India, specifically in Jabalpur (four of the locations), Indore, and Jamshedpur. 

Large names such as Tata Motors VE Commercial Vehicles, Ministry of Defense, Mahindra & Mahindra, Reliance Industries and Reliance Industries, and the Ministry of Indian Railways are among their customers.

The majority of revenue they make is derived from their partnership together with Indian Railways.

They design essential parts for wagons, such as cold-formed forms (CRF) segments. They also collaborate with other partners to create high-speed brake systems. 

These ensure that their products are up to the latest technology and are secure.

Jupiter Wagons Shareholding Pattern

  • Promoters 72.37%
  • Retail And Others 25.99%
  • Foreign Institutions 0.86%
  • Mutual Funds 0.78%

Jupiter Wagons share price target 2023

Jupiter Wagons earns over 70% of its earnings through its partnership with Indian Railway. Jupiter Wagons’ stock went through an impressive move in recent times. 

This usually happens after positive sentiment changes or when a block deal is completed. 

Jupiter Wagons has been in an uptrend that has been strong since April 20, 2021. The price of the shares has increased from Rs. 15 to Rs. 411.

Jupiter Wagons Share Price Target For 2023 As Follows:

20231st Target- Rs. 355
2nd Target- Rs. 389

Jupiter Wagons share price target 2024

Jupiter wagons had already increased by over 300 percent. 

In FY24, because of the rising demand for wagons from Indian Railways, The board of directors of the company voted to approve the acquisition of funds through public or private offerings of equity shares, and other assets convertible.

Jupiter Wagons Share Price Target For 2024 As Follows:

20241st Target- Rs. 438
2nd Target- Rs. 498

Jupiter Wagons Share Price Target 2025

The company has a chance to expand its business due to the imminent order from Indian Railway to acquire 1.5 lakh wagons in 2025. 

The company has increased its capacities from 526 wagons for Q1 FY23 and 1,713 wagons for Q1 FY24. Certainly, this increase in production will affect the profit and revenue of the business.

Jupiter Wagons Share Price Target For 2025 As Follows:

20251st Target- Rs. 542
2nd Target- Rs. 581

Jupiter Wagons Share Price Target 2026

The capacity utilization of the company was at 80 percent which is an increase of 10% year-on-year. This is because of the company’s emphasis on enhancing operational efficiency.

Jupiter Wagons Share Price Target For 2026 As Follows:

20261st Target- Rs. 630
2nd Target- Rs. 691

Jupiter Wagons Share Price Target 2027

Jupiter Wagons has expanded its operations to include other nations, such as Bangladesh, Sri Lanka, and Nepal. It also exports railway freight wagons to Canada and the United States and Canada. 

Its clients include Reliance Industries, Tata Motors, and the Ministry of Defense. The products are certified as G-105, by the Indian Railways.

Jupiter Wagons Share Price Target For 2027 As Follows:

20271st Target- Rs. 760
2nd Target- Rs. 849
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Jupiter Wagons Share Price Target 2028

Jupiter Wagons is well-positioned to profit from the increasing demand for rolling stock for railways in India and in other countries.

Jupiter Wagons Share Price Target For 2028 As Follows:

20281st Target- Rs. 920
2nd Target- Rs. 1000

Jupiter Wagons Share Price Target 2030

In January of 2019, Jupiter Wagons Ltd (JWL) became a significant part of their business, and today, their colleagues and leaders have the majority of their business. 

Then in June of 2021, they formed an association to form a partnership with Jupiter Wagons Limited. This means that they’re becoming stronger and more efficient.

Jupiter Wagons Share Price Target For 2030 As Follows:

20301st Target- Rs. 1200
2nd Target- Rs. 1290

Jupiter Wagons Share Price Target 2035

Jupiter Wagons Limited has recently been approved for the purchase of Stone India from NCLT. Stone India has several products to improve their straightness and the image of Jupiter wagons.

Jupiter wagons can take advantage of the services offered by Stone India for railways, such as brake systems as well as other engineering equipment.

Jupiter Wagons Share Price Target For 2035 As Follows:

20351st Target- Rs. 2080
2nd Target- Rs. 2210

Last 5 Years’ Financial Condition Of Jupiter Wagons

Expenses: The operating expenses also rose however at a slower rate increasing from the amount of Rs204 in March 2019 up to Rs1,814 by March 2023.

Sales: The company’s revenue has been growing steadily throughout the years, growing from the month of March in 2019 to the figure of Rs2,068 by March 2023.

Operating Profit (OP): Profit from operating has increased and is a sign of an increased level of profitability. It increased from the amount of Rs12 in March 2019 up to Rs254 in March 2023.

Other income: The Company’s total income fluctuated, but it remained rather low when compared to operating profits. It has increased from at least Rs109 in March 2019, and the amount of Rs5 by March 2023.

Profit Before Tax (PBT): The amount before tax grew from the amount of Rs89 in March 2019 up to Rs205 by March 2023. This indicates positive financial growth.

Net Profit: Net profit improved and increased from the amount of Rs89 in March 2019 up to Rs125 by March 2023. The company is keeping more of its earnings after expenses.

Dividend Payout: The company has announced a dividend payout of 15 percent in March 2023, after receiving a zero dividend payout in the previous years. The announcement of the dividend payout in March 2023 shows confidence in the stability of the business and the value it creates for shareholders.

Annual Result Summary of Jupiter Wagons Limited

  • Revenue: Rs3,500 crore (up 15 percent YoY)
  • EBITDA: 400 crores (up 25 percent YoY)
  • Profit: Rs 250 crore (up 20 percent YoY)
  • PAT RENT: Rs200 Crore (up 30 percent YoY)
  • Capacity utilization: 80 percent (up 10 10% YoY)
  • Order book: Rs6,000 crore (highest ever)
  • Exports: Rs500 crore (up 50 percent YoY)

Strengths of Jupiter Wagons

It has launched its key-margin business plan for brake disc assembly. The company expands its business to include the development of electric lightweight commercial vehicles.

The company is scheduled to launch the LCV products by the end of the quarter of the current financial year.

The company had orders worth approximately Rs. 6,122 crore at the closing date of June 30 and anticipates a steady growth rate in the next couple of years.

The cement and steel industries are aiming to double their production over about three or five years. “There is huge capex by the private sector,” claims Vivek Lohia, the MD of the firm.

The company anticipates 10-15% of its revenues through international and export orders.

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Should I invest in Jupiter wagons?

Is Jupiter Wagons a good buy? Let’s examine the possibility of investing in Jupiter Wagons is a good option based on the data we have.

On the positive side, it appears that the business has seen its profits increase in the last five years, with profit increasing by 40.0 percent annually. This is an excellent indicator of the ability of the company to earn profits.

There are however a few problems to be taken into consideration. It’s trading at an incredibly excessive price when compared to the book value which could mean that it’s slightly overpriced. 

Additionally, the fact that promoters have cut the stake they hold by -2.26 percent in the last few months is something to consider, given that promoters are generally optimistic about their businesses.

In addition, the company’s return to equity (ROE) has been low at 12.9 percent over the past three years, indicating that it may not be investing shareholders’ money as efficiently as it could.

Another issue is that the company is taking longer to collect payments from its customers, with days of debtors ranging between 28.7 and 37.6 days. 

This could impact cash flow and the speed with which they access funds.

In conclusion, making a bet on Jupiter Wagons could be an excellent idea considering their revenue growth, however, the low ROE and long time to pay off debt are possible concerns. 

It’s advisable to conduct more research, think about your goals for investing, and perhaps talk to an expert in financial planning prior to making a decision.

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. Though this is just for informational purposes, 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.

conclusion

This article is a complete guide to Jupiter wagons Share Price Target, where you can find out what Jupiter wagons is, its businesses, and Jupiter wagons Share Price Target 2023, 2024, 2025, 2030.

Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about Jupiter wagons’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of Jupiter wagons so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

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