Jupiter Wagons Hits 52-week high on Stellar Q4FY23 and FY23 Results; Declares Dividend!

Jupiter Wagons Limited (formerly Commercial Engineers & Body Builders Co Limited, CEBBCO), a provider of comprehensive mobility solutions encompassing rail, road, and marine transportation, has announced its financial results for the fourth quarter and full year ending on March 31, 2023. 

Here are the details: 

Consolidated quarterly results show a total revenue of Rs 712.71 crore, reflecting a 96% increase over Q4FY22. The EBITDA stands at Rs 94.04 crore, marking a 191% rise over Q4FY22. The profit after tax amounts to Rs 40.78 crore, indicating a 191% growth over Q4FY22. The EPS for Q4FY23 is reported at Rs 1.05.

In terms of the consolidated annual results, the total revenue stands at Rs 2,073.34 crore, representing a 75% rise over FY22. The EBITDA amounts to Rs 259.02 crore, indicating a 120% increase over FY22. The Profit After Tax is reported as Rs 125.38 crore, marking a 151% growth over FY22. The EPS for FY23 stands at Rs 3.24. Additionally, the company has declared a maiden dividend of Rs 0.50 per share with a face value of Rs 10 each. 

As of March 31, 2023, the company’s order book amounts to Rs 5,818.36 crore. Furthermore, the company is experiencing significant growth and securing multiple orders from various clients across India. 

On Monday, at 12:00 noon, shares of Jupiter Wagons Ltd saw a decline of 2.47%, trading at Rs 130.40 per share compared to the previous closing of Rs 133.70. The stock also reached a new 52-week high of Rs 138.40 per share. The shares of the company witnessed a surge in volume by more than 1.06 times on BSE. 

The stock has demonstrated remarkable growth, surging by 70% in 6 months, an impressive 140% in 1 year, an outstanding 545% in 2 years, and generated multibagger returns of over 1,500% in just 3 years. 

Jupiter Wagon Ltd stock should be closely monitored as it continues on its impressive trajectory.