Jupiter Wagons Limited
Jupiter Wagons Limited manufactures and sells railway wagons, wagon components, and railway transportation equipment in India and internationally. It offers open, covered, flat, hopper, container, and special purpose wagons; and wagon accessories, such as alloy steel cast bogies, high tensile center buffer couplers, and high-capacity draft gears. The company also provides train sets, passenger, a… Read more
Jupiter Wagons Limited (JWL) - Net Assets
Latest net assets as of September 2025: ₹28.01 Billion INR
Based on the latest financial reports, Jupiter Wagons Limited (JWL) has net assets worth ₹28.01 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹41.37 Billion) and total liabilities (₹13.36 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹28.01 Billion |
| % of Total Assets | 67.71% |
| Annual Growth Rate | 36.91% |
| 5-Year Change | 337.08% |
| 10-Year Change | 23227.38% |
| Growth Volatility | 176.33 |
Jupiter Wagons Limited - Net Assets Trend (2006–2025)
This chart illustrates how Jupiter Wagons Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jupiter Wagons Limited (2006–2025)
The table below shows the annual net assets of Jupiter Wagons Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹27.68 Billion | +69.63% |
| 2024-03-31 | ₹16.32 Billion | +103.07% |
| 2023-03-31 | ₹8.03 Billion | +17.66% |
| 2022-03-31 | ₹6.83 Billion | +7.85% |
| 2021-03-31 | ₹6.33 Billion | +563.43% |
| 2020-03-31 | ₹954.42 Million | -0.43% |
| 2019-03-31 | ₹958.55 Million | +242.69% |
| 2018-03-31 | ₹-671.77 Million | -121.58% |
| 2017-03-31 | ₹-303.18 Million | -355.54% |
| 2016-03-31 | ₹118.64 Million | -89.47% |
| 2015-03-31 | ₹1.13 Billion | -45.37% |
| 2014-03-31 | ₹2.06 Billion | -24.76% |
| 2013-03-31 | ₹2.74 Billion | +6.17% |
| 2012-03-31 | ₹2.58 Billion | +18.78% |
| 2011-03-31 | ₹2.17 Billion | +205.32% |
| 2010-03-31 | ₹711.71 Million | +36.94% |
| 2009-03-31 | ₹519.74 Million | +3.47% |
| 2008-03-31 | ₹502.32 Million | +188.57% |
| 2007-03-31 | ₹174.07 Million | +146.07% |
| 2006-03-31 | ₹70.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jupiter Wagons Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1024078500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹10.24 Billion | 37.18% |
| Common Stock | ₹4.24 Billion | 15.41% |
| Other Comprehensive Income | ₹515.01 Million | 1.87% |
| Other Components | ₹12.54 Billion | 45.54% |
| Total Equity | ₹27.54 Billion | 100.00% |
Jupiter Wagons Limited Competitors by Market Cap
The table below lists competitors of Jupiter Wagons Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Central Plaza Hotel Public Company Limited
BK:CENTEL
|
$471.57 Million |
|
Zhejiang Yongjin Metal Technology Co Ltd
SHG:603995
|
$471.63 Million |
|
Dexus Industria REIT
AU:DXI
|
$471.85 Million |
|
Hangzhou DPtech Technologies Co Ltd
SHE:300768
|
$471.86 Million |
|
Sanxiang Co Ltd
SHE:000863
|
$471.17 Million |
|
Jianmin Pharmaceutical Group Co Ltd
SHG:600976
|
$471.12 Million |
|
Klöckner & Co SE
PINK:KLKNF
|
$471.12 Million |
|
Jilin Yatai Group Co Ltd
SHG:600881
|
$470.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jupiter Wagons Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,161,557,000 to 27,543,044,000, a change of 11,381,487,000 (70.4%).
- Net income of 3,822,590,000 contributed positively to equity growth.
- Dividend payments of 551,354,000 reduced retained earnings.
- New share issuances of 8,113,408,000 increased equity.
- Other comprehensive income increased equity by 337,500,000.
- Other factors decreased equity by 340,657,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹3.82 Billion | +13.88% |
| Dividends Paid | ₹551.35 Million | -2.0% |
| Share Issuances | ₹8.11 Billion | +29.46% |
| Other Comprehensive Income | ₹337.50 Million | +1.23% |
| Other Changes | ₹-340.66 Million | -1.24% |
| Total Change | ₹- | 70.42% |
Book Value vs Market Value Analysis
This analysis compares Jupiter Wagons Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 38.11x to 4.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹7.14 | ₹272.20 | x |
| 2007-03-31 | ₹9.64 | ₹272.20 | x |
| 2008-03-31 | ₹12.71 | ₹272.20 | x |
| 2009-03-31 | ₹12.12 | ₹272.20 | x |
| 2010-03-31 | ₹16.59 | ₹272.20 | x |
| 2011-03-31 | ₹44.98 | ₹272.20 | x |
| 2012-03-31 | ₹46.98 | ₹272.20 | x |
| 2013-03-31 | ₹49.88 | ₹272.20 | x |
| 2014-03-31 | ₹37.52 | ₹272.20 | x |
| 2015-03-31 | ₹20.50 | ₹272.20 | x |
| 2016-03-31 | ₹2.16 | ₹272.20 | x |
| 2017-03-31 | ₹-5.52 | ₹272.20 | x |
| 2018-03-31 | ₹-12.23 | ₹272.20 | x |
| 2019-03-31 | ₹15.59 | ₹272.20 | x |
| 2020-03-31 | ₹10.67 | ₹272.20 | x |
| 2021-03-31 | ₹71.26 | ₹272.20 | x |
| 2022-03-31 | ₹17.62 | ₹272.20 | x |
| 2023-03-31 | ₹20.74 | ₹272.20 | x |
| 2024-03-31 | ₹39.20 | ₹272.20 | x |
| 2025-03-31 | ₹65.42 | ₹272.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jupiter Wagons Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.88%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.65%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.45x
- Recent ROE (13.88%) is above the historical average (-34.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 35.40% | 4.99% | 1.58x | 4.48x | ₹17.97 Million |
| 2007 | 48.93% | 8.91% | 1.09x | 5.04x | ₹67.77 Million |
| 2008 | 12.22% | 5.15% | 1.15x | 2.07x | ₹11.16 Million |
| 2009 | 3.35% | 1.55% | 1.04x | 2.08x | ₹-34.55 Million |
| 2010 | 28.52% | 11.10% | 0.93x | 2.75x | ₹131.82 Million |
| 2011 | 2.62% | 2.69% | 0.65x | 1.50x | ₹-160.30 Million |
| 2012 | 15.81% | 8.85% | 0.99x | 1.81x | ₹149.92 Million |
| 2013 | 6.75% | 3.73% | 0.80x | 2.28x | ₹-88.98 Million |
| 2014 | -34.16% | -54.01% | 0.31x | 2.05x | ₹-910.48 Million |
| 2015 | -91.05% | -93.09% | 0.34x | 2.87x | ₹-1.14 Billion |
| 2016 | -883.02% | -96.86% | 0.46x | 19.85x | ₹-1.06 Billion |
| 2017 | 0.00% | -34.26% | 0.46x | 0.00x | ₹-325.71 Million |
| 2018 | 0.00% | -38.50% | 0.46x | 0.00x | ₹-301.95 Million |
| 2019 | 92.51% | 41.68% | 1.02x | 2.18x | ₹790.88 Million |
| 2020 | -0.15% | -0.11% | 0.62x | 2.09x | ₹-96.84 Million |
| 2021 | 8.44% | 5.40% | 1.00x | 1.57x | ₹-99.04 Million |
| 2022 | 7.28% | 4.26% | 1.09x | 1.57x | ₹-185.94 Million |
| 2023 | 15.03% | 5.84% | 1.27x | 2.03x | ₹404.49 Million |
| 2024 | 20.52% | 9.10% | 1.24x | 1.82x | ₹1.70 Billion |
| 2025 | 13.88% | 9.65% | 0.99x | 1.45x | ₹1.07 Billion |
Industry Comparison
This section compares Jupiter Wagons Limited's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $28,388,438,750
- Average return on equity (ROE) among peers: 5.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jupiter Wagons Limited (JWL) | ₹28.01 Billion | 35.40% | 0.48x | $471.39 Million |
| Container Corporation of India Limited (CONCOR) | $80.73 Billion | 11.96% | 0.18x | $1.79 Billion |
| QUADFUTURE (QUADFUTURE) | $2.98 Billion | -6.60% | 0.35x | $36.07 Million |
| Texmaco Rail & Engineering Limited (TEXRAIL) | $25.30 Billion | 4.47% | 0.65x | $220.56 Million |
| Titagarh Rail Systems Limited (TITAGARH) | $4.54 Billion | 13.25% | 0.73x | $582.75 Million |