Also trades as: JWL.NS (NSE) · $vol 4M · CEBBCO.NS (NSE) · $vol 0M

₹223.75 ($2.33)

-9.20 (-3.95%)

BSE · Industrials · Railroads · Tech Score Sell · Power 33 · ₹95.5B mcap · 136M float · 0.082% daily turnover

Revenue

$29.2B -25.9% ▼

5Y CAGR: +24.1%

Gross Profit

$6.6B +7.1% ▲

5Y CAGR: +41.5%

Operating Income

$3.0B -43.7% ▼

5Y CAGR: +28.0%

Net Income

$1.7B -55.2% ▼

5Y CAGR: +26.2%

EPS (Diluted)

$4.02 -55.7% ▼

5Y CAGR: +22.0%

EBITDA

$3.8B -36.2% ▼

5Y CAGR: +68.7%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$11.7B	$20.7B	$36.4B	$39.6B	$29.2B
YoY Growth	+17.8%	+77.5%	+76.2%	+8.8%	-25.9%
Cost of Revenue	$10.5B	$17.9B	$28.4B	$29.8B	$22.6B
Gross Profit	$1.1B	$2.8B	$8.0B	$9.9B	$6.6B
Gross Margin	9.7%	13.4%	22.0%	24.9%	22.6%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$171M	$183M	$280M	$766M	$3.6B
Operating Expenses	$208M	$444M	$539M	$766M	$3.6B
Operating Income	$924M	$2.3B	$7.5B	$9.1B	$3.0B
Operating Margin	7.9%	11.3%	20.5%	23.0%	10.1%
Interest Expense	$182M	$289M	$410M	$604M	$695M
Income Before Tax	$756M	$2.0B	$4.4B	$5.0B	$2.5B
Tax Expense	$260M	$798M	$1.1B	$1.2B	$790M
Net Income	$497M	$1.2B	$3.3B	$3.8B	$1.7B
Net Margin	4.3%	5.8%	9.1%	9.6%	5.9%
EPS (Diluted)	$1.28	$3.12	$8.04	$9.08	$4.02
EBITDA	$1.1B	$2.5B	$5.0B	$5.8B	$3.8B
Shares Outstanding	387M	387M	412M	421M	426M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$8.8B	$10.1B	$10.3B	$10.1B	$4.6B	$7.9B	$8.9B	$7.8B
Cost of Revenue	$6.8B	$8.0B	$8.1B	$10.3B	$3.4B	$6.1B	$6.9B	$6.2B
Gross Profit	$2.0B	$2.1B	$2.2B	-$147M	$1.2B	$1.8B	$2.0B	$1.6B
Gross Margin	22.2%	20.9%	21.7%	-1.4%	26.5%	22.4%	22.1%	20.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$712M	$0	$0	$272M	$235M	$0	$0	$975M
Operating Expenses	$712M	$839M	$879M	-$1.5B	$780M	$891M	$978M	$975M
Operating Income	$1.2B	$1.3B	$1.4B	$1.4B	$436M	$872M	$993M	$655M
Operating Margin	14.1%	12.6%	13.1%	13.7%	9.5%	11.1%	11.2%	8.4%
Interest Expense	$126M	$167M	$145M	$166M	$159M	$186M	$185M	$165M
Income Before Tax	$1.2B	$1.2B	$1.3B	$1.3B	$440M	$679M	$868M	$463M
Tax Expense	$278M	$298M	$332M	$249M	$129M	$226M	$245M	$191M
Net Income	$919M	$897M	$973M	$1.0B	$327M	$466M	$630M	$288M
Net Margin	10.4%	8.9%	9.5%	10.2%	7.1%	5.9%	7.1%	3.7%
EPS (Diluted)	$2.23	$2.12	$2.29	$2.44	$0.77	$1.10	$1.33	$0.67
EBITDA	$1.3B	$1.4B	$1.4B	$1.5B	$761M	$1.0B	$1.2B	$806M
Shares Outstanding	412M	423M	425M	423M	425M	423M	474M	430M

JWL.BO BSE