Jigar Cables Ltd
Incorporated in 2017, Jigar Cables Ltd manufactures Electric wires, cables, and
PVC.[1]
- Market Cap ₹ 63.1 Cr.
- Current Price ₹ 70.0
- High / Low ₹ 74.0 / 50.0
- Stock P/E 42.6
- Book Value ₹ 33.5
- 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.12 | 19.66 | 20.17 | 12.07 | 13.30 | 11.12 | 27.15 | 41.38 | 102.87 | 56.65 | 80.06 | |
| Sales growth | +1,655.36% | +2.59% | -40.16% | +10.19% | -16.39% | +144.15% | +52.41% | +148.60% | -44.93% | +17.93% | |
| 0.99 | 18.47 | 19.23 | 11.38 | 12.66 | 10.37 | 25.26 | 39.63 | 98.68 | 53.47 | 75.01 | |
| Operating Profit | 0.13 | 1.19 | 0.94 | 0.69 | 0.64 | 0.75 | 1.89 | 1.75 | 4.19 | 3.18 | 5.05 |
| OPM % | 11.61% | 6.05% | 4.66% | 5.72% | 4.81% | 6.74% | 6.96% | 4.23% | 4.07% | 5.61% | 6.31% |
| 0.02 | 0.14 | 0.50 | 0.51 | 0.45 | 0.36 | 0.13 | 0.21 | 0.12 | 0.21 | 0.50 | |
| Interest | 0.12 | 0.53 | 0.40 | 0.37 | 0.22 | 0.32 | 0.35 | 0.26 | 1.47 | 0.42 | 1.10 |
| Depreciation | 0.03 | 0.39 | 0.49 | 0.43 | 0.39 | 0.37 | 0.32 | 0.29 | 0.46 | 0.65 | 2.02 |
| Profit before tax | 0.00 | 0.41 | 0.55 | 0.40 | 0.48 | 0.42 | 1.35 | 1.41 | 2.38 | 2.32 | 2.43 |
| 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 | 1.48 | |
| EPS in Rs | 0.07 | 0.50 | 0.58 | 0.28 | 0.51 | 0.47 | 1.41 | 1.44 | 2.49 | 1.94 | 1.65 |
| 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: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 22% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 16% |
| 1 Year: | 8% |
| 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 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.50 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 9.01 | 9.01 |
| Reserves | 0.83 | 6.24 | 6.48 | 6.68 | 7.04 | 7.37 | 8.36 | 11.86 | 13.62 | 20.86 | 21.18 |
| 5.07 | 3.41 | 2.89 | 2.98 | 3.48 | 3.49 | 4.68 | 4.28 | 2.34 | 11.92 | 26.89 | |
| 0.43 | 0.36 | 2.07 | 4.46 | 0.86 | 1.06 | 1.70 | 0.94 | 1.19 | 3.31 | 14.81 | |
| Total Liabilities | 10.83 | 17.04 | 18.47 | 21.15 | 18.41 | 18.95 | 21.77 | 24.11 | 24.18 | 45.10 | 71.89 |
| 1.11 | 2.55 | 2.63 | 2.16 | 2.20 | 1.98 | 1.74 | 1.65 | 3.69 | 3.35 | 23.72 | |
| CWIP | 0.26 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.43 | 0.00 |
| Investments | 0.05 | 0.05 | 1.05 | 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 | 47.12 | |
| Total Assets | 10.83 | 17.04 | 18.47 | 21.15 | 18.41 | 18.95 | 21.77 | 24.11 | 24.18 | 45.10 | 71.89 |
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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -585% | -282% | 341% | -45% | 66% | 112% | 19% | -58% | 169% | -47% |
Ratios
Standalone / 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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
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Announcement Under Regulation 30 (5) Of SEBI Listing Regulations.
- Jigar Cables authorized KMPs to determine material events and make stock exchange disclosures.
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Board Meeting Outcome for Meeting Of Board Of Director Held On November 06, 2026.
- Board approved unaudited standalone and consolidated results for half year ended September 30, 2026.
- Result For The Half Year Ended September 30, 2026
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Board Meeting Intimation for Consideration And Approval Of Unaudited Standalone And Consolidated Financial Results For The Half Year Ended On September 30, 2026.
- Board meeting on November 6, 2026 to approve H1 FY27 unaudited standalone and consolidated results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Regulation 74(5) certificate filed for quarter ended September 30, 2026; no rematerialisation requests received.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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.