Rs 5,818.36 crore order book: Multibagger railways wagon stock hits upper circuit and 52-week high on stellar results, declares dividend!
The stock gave multibagger returns of over 1,500 per cent in just 3 years.
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 ended March 31, 2023. Details below:
Financial Highlights for the Q4FY23:
- Total Revenue stood at Rs 712.71 crore, up 96 per cent over Q4FY22.
- EBITDA stood at Rs 94.04 crore, up 191 per cent over Q4FY22.
- Profit After Tax stood at Rs 40.78 crore, up 191 per cent over Q4FY22.
- The EPS for Q4FY23 stood at Rs 1.05.
Financial Highlights for FY23:
- Total Revenue stood at Rs 2,073.34 crore, up 75 per cent over FY22.
- EBITDA stood at Rs 259.02 crore, up 120 per cent over FY22.
- Profit After Tax stood at Rs 125.38 crore, up 151 per cent over FY22.
- The EPS for FY23 stood at Rs 3.24.
- Declared a maiden dividend of Rs 0.50 per share of a face value of Rs 10 each.
Order book Updates: 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 throughout India.
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On Friday, shares of Jupiter Wagons Ltd surged 5 per cent upper circuit to Rs 133.85 per share from its previous closing of Rs 127.50. The stock also traded at a new 52-week high of Rs 133.85 per share.
The stock has experienced a remarkable growth trajectory, surging by 68 per cent in 6 months, a staggering 136 per cent in 1 year, an impressive 542 per cent in 2 years and an astounding over 1,500 per cent in just 3 years. Investors should keep an eye on this multibagger railways wagon stock under the radar.