Jigar Cables Ltd
Incorporated in 2017, Jigar Cables Ltd manufactures Electric wires, cables, and
PVC.[1]
- Market Cap ₹ 54.0 Cr.
- Current Price ₹ 60.0
- High / Low ₹ 76.9 / 50.0
- Stock P/E 30.9
- Book Value ₹ 33.1
- Dividend Yield 0.00 %
- ROCE 8.46 %
- ROE 6.93 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 41.0 to 20.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.25% 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.12 | 19.66 | 20.17 | 12.07 | 13.30 | 11.12 | 27.15 | 41.38 | 102.87 | 56.65 | |
| 0.99 | 18.47 | 19.23 | 11.38 | 12.66 | 10.37 | 25.26 | 39.63 | 98.68 | 53.47 | |
| Operating Profit | 0.13 | 1.19 | 0.94 | 0.69 | 0.64 | 0.75 | 1.89 | 1.75 | 4.19 | 3.18 |
| OPM % | 11.61% | 6.05% | 4.66% | 5.72% | 4.81% | 6.74% | 6.96% | 4.23% | 4.07% | 5.61% |
| 0.02 | 0.14 | 0.50 | 0.51 | 0.45 | 0.36 | 0.13 | 0.21 | 0.12 | 0.21 | |
| Interest | 0.12 | 0.53 | 0.40 | 0.37 | 0.22 | 0.32 | 0.35 | 0.26 | 1.47 | 0.42 |
| Depreciation | 0.03 | 0.39 | 0.49 | 0.43 | 0.39 | 0.37 | 0.32 | 0.29 | 0.46 | 0.65 |
| Profit before tax | 0.00 | 0.41 | 0.55 | 0.40 | 0.48 | 0.42 | 1.35 | 1.41 | 2.38 | 2.32 |
| Tax % | 14.63% | 25.45% | 47.50% | 25.00% | 21.43% | 25.93% | 28.37% | 26.89% | 25.00% | |
| 0.03 | 0.35 | 0.41 | 0.20 | 0.36 | 0.33 | 0.99 | 1.01 | 1.75 | 1.75 | |
| EPS in Rs | 0.07 | 0.50 | 0.58 | 0.28 | 0.51 | 0.47 | 1.41 | 1.44 | 2.49 | 1.94 |
| Dividend Payout % | 0.00% | 0.00% | 34.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 28% |
| TTM: | -45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 22% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 11% |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.50 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 9.01 |
| Reserves | 0.83 | 6.24 | 6.48 | 6.68 | 7.04 | 7.37 | 8.36 | 11.86 | 13.62 | 20.86 |
| 5.07 | 3.41 | 2.89 | 2.98 | 3.48 | 3.49 | 4.68 | 4.28 | 2.34 | 11.92 | |
| 0.43 | 0.36 | 2.07 | 4.46 | 0.86 | 1.06 | 1.70 | 0.94 | 1.19 | 3.31 | |
| Total Liabilities | 10.83 | 17.04 | 18.47 | 21.15 | 18.41 | 18.95 | 21.77 | 24.11 | 24.18 | 45.10 |
| 1.11 | 2.55 | 2.63 | 2.16 | 2.20 | 1.98 | 1.74 | 1.65 | 3.69 | 3.35 | |
| CWIP | 0.26 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.43 |
| Investments | 0.05 | 0.05 | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 |
| 9.41 | 14.44 | 14.79 | 17.94 | 15.16 | 15.92 | 18.98 | 21.41 | 19.44 | 26.27 | |
| Total Assets | 10.83 | 17.04 | 18.47 | 21.15 | 18.41 | 18.95 | 21.77 | 24.11 | 24.18 | 45.10 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.77 | -3.42 | 3.19 | -0.46 | 0.31 | 0.71 | 0.00 | -1.42 | 6.59 | -2.00 | |
| -0.12 | -4.46 | -2.50 | 0.61 | -0.36 | -0.30 | -0.74 | -0.37 | -2.19 | -14.73 | |
| 0.45 | 7.48 | -0.64 | -0.68 | 0.19 | -0.31 | 0.87 | 1.82 | -3.37 | 16.60 | |
| Net Cash Flow | -0.43 | -0.39 | 0.05 | -0.53 | 0.14 | 0.10 | 0.13 | 0.04 | 1.03 | -0.13 |
| Free Cash Flow | -0.90 | -5.00 | 2.61 | -0.41 | -0.13 | 0.55 | -0.07 | -1.83 | 4.32 | -16.74 |
| CFO/OP | -585% | -282% | 341% | -45% | 66% | 112% | 19% | -58% | 169% | -47% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 668.08 | 44.56 | 83.79 | 141.22 | 69.43 | 112.91 | 87.25 | 69.77 | 33.28 | 20.10 |
| Inventory Days | 2,850.22 | 103.25 | 66.04 | 202.32 | 233.49 | 317.96 | 158.99 | 112.34 | 28.55 | 119.20 |
| Days Payable | 118.09 | 3.96 | 27.82 | 160.04 | 21.14 | 34.88 | 20.33 | 4.45 | 1.08 | 15.62 |
| Cash Conversion Cycle | 3,400.21 | 143.84 | 122.01 | 183.50 | 281.79 | 395.99 | 225.91 | 177.67 | 60.75 | 123.69 |
| Working Capital Days | 971.16 | 119.56 | 88.67 | 187.49 | 178.93 | 267.19 | 161.73 | 134.69 | 51.84 | 98.58 |
| ROCE % | 7.02% | 5.62% | 4.59% | 4.09% | 4.18% | 8.85% | 7.72% | 16.68% | 8.46% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees count |
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| Sales to Related Party (Ultracab India Limited) INR Lakhs |
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| Subsidiary Jigar Polymers - Total Revenue (Turnover) INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
-
Reg. 34 (1) Annual Report.
- FY2025-26 annual report filed; AGM scheduled for September 26, 2026.
-
Notice Of 10Th Annual General Meeting
- 10th AGM on Sept 26, 2026; seeks approvals for top management reappointments and up to Rs.200 crore RPTs.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Board approved remuneration up to Rs.12 lakh annually for Director Parshottambhai Vaghasiya for 3 years, subject to AGM.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Board reappointed CMD and Whole-Time Director; AGM on Sept 26, 2026; approved related party transactions.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On August 24, 2026.
- Board reappointed CMD and WTD till Jan 2030, approved related-party transactions, and fixed AGM for Sept. 26, 2026.
Business Overview:[1][2]
JCL is an ISO-9001:2015 certified manufacturer of SIGMA brand electric wires & cables in India. It also manufactures and trades PVC.