Jupiter Wagons Q3FY'24 Net Up 82% To Rs 81 Crore
The wagon maker stated that its Ebitda margin expanded by 140 basis points.06-02-2024
06-02-2024
Jupiter Wagons Q3 Results Review- A Perfect Train With Engine, Coaches, Guard; Maintain Buy: Systematix
Triumph in order securing amid government's focus on the sector to thrive well for Jupiter Wagon06-02-2024
Jupiter Wagons Ltd - 533272 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We are enclosing herewith the newspaper publication made on 3rd February, 2024 towards publication of Financial Results for the quarter ended 31.12.2023.03-02-2024
Jupiter Wagons Ltd - 533272 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In furtherance to our intimation dated 24th January, 2024, please refer below link of audio recording of the Analysts / Investors Call on Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31st December, 2023 held on 2nd February, 2024.02-02-2024
Q3FY24 Quarterly & 9MFY24 Result Announced for Jupiter Wagons Ltd.
Commercial Vehicles company Jupiter Wagons announced Q3FY24 & 9MFY24 results: Q3FY24: Total Income for Q3FY24 stood at Rs 90,081 lakh, indicating a growth of 39.4% (YoY). EBITDA for Q3FY24 at Rs 12,480 lakh, reflecting an increase of 54.7% (YoY). Continues to deliver industry-leading margin — EBITDA Margin improves to 13.9% in Q3FY24 from 12.5% in Q3FY23. PAT for Q3FY24 stood at Rs 8,340 lakh, up 79.8% (YoY), with a PAT Margin of 9.3%. EPS for the quarter is Rs 2.07 per share with a face value of Rs 10 each. 9MFY24: Total income for 9MFY24 stood at Rs 2,54,090 lakh, reflecting an increase of 86.7% (YoY). EBITDA for 9MFY24 at Rs 34,331 lakh, marking a growth of 113.4% (YoY). Continues to deliver industry-leading margin — EBITDA Margin improves to 13.6% in 9MFY24 from 11.9% in 9MFY23. PAT for 9MFY24 stood at Rs 22,858 lakh, up 170.2% (YoY), with a PAT Margin of 9.0%. EPS for 9MFY24 is Rs 5.73 per share with a face value of Rs 10 each. Commenting on the results, Vivek Lohia, Managing Director of Jupiter Wagons said, ‘We take immense satisfaction in sustaining our robust operational and financial momentum. Total Income surged to ~Rs 90,081 Lakh, an increase of 39.4% YoY. EBITDA was Rs 12,480 lakhs, witnessing substantial growth of 54.7% YoY. Our ongoing efforts to enhance the margin profile are reflected in the industry-leading EBITDA margin of 13.9% in Q3FY24, a meaningful improvement from 12.5% reported in the same quarter last year. Notably, Profit after tax recorded an increase of 79.8% YoY, reaching Rs 8,340 lakhs. Surpassing the milestone of Rs 90,000 lakh in quarterly income was particularly noteworthy, considering around 10 days of production loss due to Puja and other festivities during the period. The recent acquisition of a substantial order for 4,000 BOXNS wagons from Indian Railways solidifies our standing as a premier player in the Indian wagon manufacturing industry. Additionally, contracts from the Defense Ministry for Boggie Open Military (BOM) Wagons and from private customers for Double Decker Automobile Carriers underscore our commitment to introducing cutting-edge technology into India's mobility landscape, aligning with the principles of Atmanirbhar Bharat. In our braking systems division, we've successfully secured an order for axle-mounted disc brake systems amounting to ~Rs 11,200 lakh. The Order Backlog has experienced significant accretion, reaching Rs 7,07,361 lakh, further enhancing visibility. The successful Qualified Institutional Placement (QIP) in December 2023, raising ~Rs 40,300 lakh, provides the necessary fuel for our ambitious growth plans including initiatives like setting up another foundry, working capital requirements, and backward integration through inorganic growth. These strategic ventures unfold amidst increased activity in braking systems and brake discs, coinciding with the imminent launch of our E-LCVs. The capital infusion is poised to fortify our balance sheet, and the enhanced return ratios underscore our disciplined approach to capital allocation. This is further evidenced by the recent credit rating of long-term and short-term loans to "AA (-)” & “A1 (+)” with a stable outlook validating our commitment to financial prudence and stability." Result PDF02-02-2024
Jupiter Wagons Ltd - 533272 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of SEBI LODR Regulations, please find the enclosed Investor Presentation on the Q3 FY 2023-2024 results of the Company.01-02-2024
Jupiter Wagons Ltd - 533272 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
In compliance with Regulation 30, please find the enclosed copy of press release to be issued by the Company.01-02-2024
Jupiter Wagons Ltd - 533272 - Financial Results For The Quarter And Nine Months Ended 31.12.2023
The Board of Directors at its meeting held today i.e. 01.02.2024 has interalia approved the unaudited financial results for the quarter and nine months ended 31.12.2023.01-02-2024
Jupiter Wagons Ltd - 533272 - Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors Of Jupiter Wagons Limited
In furtherance to our intimation dated 24th January, 2024 and pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform that the Board of Directors of the Company, at its meeting held today, i.e., 1st February, 2024 has, inter alia, approved the following matters: 1. Approval of Un-audited Standalone & Consolidated Financial Results of the Company for the Quarter and Nine Months ended 31st December, 2023 2. Approval of Appointment of M/s M R & Associates (Practicing Company Secretaries), Kolkata (W.B.) as Secretarial Auditor of the Company for the Financial Year 2023- 202401-02-2024
Jupiter Wagons Ltd - 533272 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Company will be holding call with Analysts / Investors on Friday, 2nd February, 2024.24-01-2024