Jigar Cables Ltd
- Market Cap ₹ 38.2 Cr.
- Current Price ₹ 54.3
- High / Low ₹ 75.0 / 33.8
- Stock P/E 36.7
- Book Value ₹ 27.3
- Dividend Yield 0.00 %
- ROCE 8.45 %
- ROE 6.64 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 82.5 to 57.6 days.
- Company's working capital requirements have reduced from 244 days to 148 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.28% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cables Industry: Cables - Power
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
19.72 | 21.39 | 13.59 | 14.25 | 11.96 | 28.35 | 42.64 | |
18.23 | 19.98 | 12.44 | 13.51 | 10.90 | 26.21 | 40.66 | |
Operating Profit | 1.49 | 1.41 | 1.15 | 0.74 | 1.06 | 2.14 | 1.98 |
OPM % | 7.56% | 6.59% | 8.46% | 5.19% | 8.86% | 7.55% | 4.64% |
0.09 | 0.48 | 0.45 | 0.73 | 0.30 | 0.13 | 0.22 | |
Interest | 0.56 | 0.50 | 0.51 | 0.36 | 0.41 | 0.42 | 0.35 |
Depreciation | 0.54 | 0.73 | 0.63 | 0.56 | 0.53 | 0.45 | 0.40 |
Profit before tax | 0.48 | 0.66 | 0.46 | 0.55 | 0.42 | 1.40 | 1.45 |
Tax % | 16.67% | 27.27% | 45.65% | 21.82% | 19.05% | 26.43% | 28.28% |
0.40 | 0.48 | 0.25 | 0.42 | 0.34 | 1.03 | 1.04 | |
EPS in Rs | 0.57 | 0.68 | 0.36 | 0.60 | 0.48 | 1.46 | 1.48 |
Dividend Payout % | 0.00% | 29.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 44% |
TTM: | 50% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 35% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 16% |
1 Year: | 27% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 |
Reserves | 6.29 | 6.60 | 6.84 | 7.26 | 7.60 | 8.63 | 12.17 |
4.36 | 4.31 | 4.14 | 4.79 | 4.41 | 5.64 | 4.89 | |
0.59 | 8.71 | 5.01 | 1.02 | 1.29 | 2.01 | 1.29 | |
Total Liabilities | 18.27 | 26.65 | 23.02 | 20.10 | 20.33 | 23.31 | 25.38 |
3.77 | 4.79 | 4.12 | 4.06 | 3.68 | 3.31 | 3.13 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
14.50 | 21.86 | 18.90 | 16.04 | 16.65 | 20.00 | 22.25 | |
Total Assets | 18.27 | 26.65 | 23.02 | 20.10 | 20.33 | 23.31 | 25.38 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-2.78 | 3.25 | -0.29 | 1.57 | 0.57 | -0.06 | -0.96 | |
-5.82 | -2.68 | 0.64 | -1.54 | 0.23 | -0.63 | -0.41 | |
8.29 | -0.53 | -0.92 | 0.20 | -0.79 | 0.84 | 1.40 | |
Net Cash Flow | -0.31 | 0.04 | -0.57 | 0.23 | 0.02 | 0.15 | 0.04 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 18.69 | 105.11 | 173.50 | 64.80 | 103.15 | 86.65 | |
Inventory Days | 133.18 | 81.91 | 231.29 | 247.26 | 354.81 | 173.33 | |
Days Payable | 8.41 | 45.16 | 164.61 | 23.23 | 34.89 | 23.88 | |
Cash Conversion Cycle | 143.47 | 141.86 | 240.18 | 288.83 | 423.07 | 236.10 | |
Working Capital Days | 160.29 | 121.50 | 235.01 | 256.40 | 361.03 | 222.09 | |
ROCE % | 6.40% | 5.34% | 4.91% | 4.35% | 8.92% |
Documents
Announcements
- Intimation Of Compliance Officer 2d
- Results - Audited Financial Results For March 31, 2024 23 May
- Board Meeting Outcome for Audited Standalone And Consolidated Financial Results For The Half Year And Year Ended On March 31, 2024 23 May
- Board Meeting Intimation for Approval Of Audited Standalone And Consolidated Financial Results For The Half Year And Year Ended On March 31, 2024 16 May
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 1 May
Business Overview:[1][2]
Company is a manufacturer of SIGMA
brand electric wires & cables in India and
is also carrying out trading of solar panel
and equipment as non-strategic activity.
JCL has a Wholly Owned Subsidiary Company under the name of Jigar Polymers Limited, for the manufacturing of PVC and XLPE for backward integration of all major raw materials required in the manufacturing of its products.