Titagarh Rail Systems vs Jupiter Wagons: Share Price, Comparison and Key Differences

Titagarh Rail Systems vs Jupiter Wagons is a comparison rail wagon investors look up when evaluating two listed Indian manufacturers of railway freight wagons and metro coaches. Titagarh Rail Systems (formerly Titagarh Wagons) is a Kolkata-based company manufacturing freight wagons, metro coaches and defence vehicles with orders from Indian Railways and metro projects. Jupiter Wagons (formerly CEBBCO – Commercial Engineers and Body Builders Company) is a newer entrant that has scaled up wagon manufacturing significantly on the back of large Indian Railways freight wagon orders.

This Titagarh Rail Systems vs Jupiter Wagons article covers reach and market position, key products, latest declared results and stock valuation. The Titagarh Rail Systems vs Jupiter Wagons data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.

Titagarh Rail Systems vs Jupiter Wagons: Reach and Market Position

On the Titagarh Rail Systems side of the Titagarh Rail Systems vs Jupiter Wagons comparison, Titagarh Rail Systems manufactures freight wagons, metro coaches (Kolkata Metro, other cities) and defence vehicles. Market capitalisation is Rs 11,599 Cr.

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On the Jupiter Wagons side of the Titagarh Rail Systems vs Jupiter Wagons comparison, Jupiter Wagons manufactures freight wagons for Indian Railways and specialised wagon types. Market capitalisation is Rs 11,199 Cr.

Titagarh Rail Systems vs Jupiter Wagons: Key Products and Business Mix

In the Titagarh Rail Systems vs Jupiter Wagons product comparison, Titagarh Rail Systems offers: Titagarh earns from wagon manufacturing, metro rail coaches and defence vehicle manufacture. EPS is Rs 9.12. PE is 94.44x (elevated due to capacity ramp-up and initial losses in new segments), ROE 6.51 percent, D/E 0.25.

For Jupiter Wagons in this Titagarh Rail Systems vs Jupiter Wagons breakdown: Jupiter Wagons earns primarily from freight wagon manufacturing for Indian Railways. EPS is Rs 3.88. PE is 67.54x, ROE 5.74 percent, D/E 0.33.

Titagarh Rail Systems vs Jupiter Wagons: Latest Results

The Titagarh Rail Systems vs Jupiter Wagons results for Titagarh Rail Systems: Titagarh Rail Systems has a market cap of Rs 11,599 Cr and PE of 94.44x. ROE is 6.51 percent. Both Titagarh and Jupiter are similarly sized companies at around Rs 11,000 to 12,000 Cr market cap.

The Titagarh Rail Systems vs Jupiter Wagons results for Jupiter Wagons: Jupiter Wagons has a market cap of Rs 11,199 Cr and PE of 67.54x. ROE is 5.74 percent. Jupiter is cheaper on PE than Titagarh but both have thin earnings.

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Titagarh Rail Systems vs Jupiter Wagons: Stock and Valuation

The Titagarh Rail Systems vs Jupiter Wagons stock comparison uses the latest available market data from Groww. Investors tracking Titagarh Rail Systems vs Jupiter Wagons should verify current prices on NSE or BSE before trading.

Titagarh Rail Systems vs Jupiter Wagons at current valuations: Titagarh trades at Rs 11,599 Cr market cap, PE 94.44x, ROE 6.51 percent. Jupiter trades at Rs 11,199 Cr market cap, PE 67.54x, ROE 5.74 percent. Both are similarly sized rail wagon companies with thin current earnings but large Indian Railways order books.

Titagarh Rail Systems vs Jupiter Wagons: Quick Comparison Table

The Titagarh Rail Systems vs Jupiter Wagons comparison table below summarises the key metrics covered in this article side by side.

Parameter	Titagarh Rail Systems	Jupiter Wagons
Sector	Freight wagons + metro coaches + defence	Freight wagons for Indian Railways
Market Cap	Rs 11,599 Cr	Rs 11,199 Cr
P/E Ratio	94.44x (capacity ramp)	67.54x
ROE	6.51%	5.74%
Debt to Equity	0.25	0.33
Diversification	Wagons + metro + defence	Primarily freight wagons
Dividend	0.12% yield	0.38% yield

Conclusion

The Titagarh Rail Systems vs Jupiter Wagons comparison above covers the key data points on reach, products, results and valuation. Titagarh Rail Systems vs Jupiter Wagons covers two Indian railway wagon manufacturers benefiting from the massive Indian Railways freight wagon modernisation programme. Titagarh has additional diversification through metro coaches and defence. Jupiter is more focused on freight wagons. Titagarh Rail Systems vs Jupiter Wagons investors should review wagon delivery rates, Indian Railways order book, new contract wins and margin improvement. Titagarh Rail Systems vs Jupiter Wagons both benefit from India’s railway modernisation – consult a SEBI-registered advisor for personalised guidance.

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Frequently Asked Questions

What does Titagarh Rail Systems make?

Ans. Titagarh Rail Systems (formerly Titagarh Wagons) manufactures freight wagons, passenger coaches, metro coaches (for Kolkata Metro, Kochi Metro) and defence vehicles. It has recently expanded into metro rail coach production.

What does Jupiter Wagons make?

Ans. Jupiter Wagons (formerly CEBBCO – Commercial Engineers and Body Builders Company) manufactures freight wagons for Indian Railways. It has scaled up significantly to execute large Indian Railways wagon orders.

Why are both PE multiples so high?

Ans. Both Titagarh and Jupiter are in capacity ramp-up phases. Elevated PEs reflect thin current margins as the companies are scaling up production capacity for large order books. Earnings are expected to grow significantly as wagons are delivered.

What drives Indian Railways wagon demand?

Ans. Indian Railways is executing a massive fleet expansion and modernisation programme to increase freight capacity. The National Rail Plan targets increasing freight throughput significantly, driving large wagon procurement.

Are Titagarh and Jupiter in Nifty 50?

Ans. Neither is in Nifty 50. Both are tracked in mid-cap and Nifty 500 indices.

Which is larger, Titagarh or Jupiter Wagons?

Ans. Both are essentially the same size – Titagarh at Rs 11,599 Cr versus Jupiter at Rs 11,199 Cr.

Do Titagarh and Jupiter compete directly?

Ans. Yes. Titagarh Rail Systems and Jupiter Wagons both compete for Indian Railways freight wagon orders – as do other wagon builders like BEML and Ramkrishna Forgings (for wheelsets). The Indian Railways wagon procurement is tendered competitively.