Jigar Cables Ltd
- Market Cap ₹ 38.7 Cr.
- Current Price ₹ 55.0
- High / Low ₹ 99.8 / 45.0
- Stock P/E 22.1
- Book Value ₹ 29.4
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 8.85 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 63.4 to 33.2 days.
- Company's working capital requirements have reduced from 151 days to 58.2 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.20% over last 3 years.
- Company's cost of borrowing seems high
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 20 | 20 | 12 | 13 | 11 | 27 | 41 | 103 | |
| 1 | 18 | 19 | 11 | 13 | 10 | 25 | 40 | 99 | |
| Operating Profit | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 4 |
| OPM % | 12% | 6% | 5% | 6% | 5% | 7% | 7% | 4% | 4% |
| 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 2 |
| Tax % | 15% | 25% | 48% | 25% | 21% | 26% | 28% | 27% | |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | |
| EPS in Rs | 0.07 | 0.50 | 0.58 | 0.28 | 0.51 | 0.47 | 1.41 | 1.44 | 2.49 |
| Dividend Payout % | 0% | 0% | 34% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 110% |
| TTM: | 149% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 74% |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 28% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 9% |
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 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 1 | 6 | 6 | 7 | 7 | 7 | 8 | 12 | 14 |
| 5 | 3 | 3 | 3 | 3 | 3 | 5 | 4 | 2 | |
| 0 | 0 | 2 | 4 | 1 | 1 | 2 | 1 | 1 | |
| Total Liabilities | 11 | 17 | 18 | 21 | 18 | 19 | 22 | 24 | 24 |
| 1 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 9 | 14 | 15 | 18 | 15 | 16 | 19 | 21 | 19 | |
| Total Assets | 11 | 17 | 18 | 21 | 18 | 19 | 22 | 24 | 24 |
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 | |
|---|---|---|---|---|---|---|---|---|---|
| -1 | -3 | 3 | -0 | 0 | 1 | 0 | -1 | 7 | |
| -0 | -4 | -2 | 1 | -0 | -0 | -1 | -0 | -2 | |
| 0 | 7 | -1 | -1 | 0 | -0 | 1 | 2 | -3 | |
| Net Cash Flow | -0 | -0 | 0 | -1 | 0 | 0 | 0 | 0 | 1 |
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 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 668 | 45 | 84 | 141 | 69 | 113 | 87 | 70 | 33 |
| Inventory Days | 2,850 | 103 | 66 | 202 | 233 | 318 | 159 | 112 | 29 |
| Days Payable | 118 | 4 | 28 | 160 | 21 | 35 | 20 | 4 | 1 |
| Cash Conversion Cycle | 3,400 | 144 | 122 | 184 | 282 | 396 | 226 | 178 | 61 |
| Working Capital Days | 2,552 | 169 | 131 | 267 | 259 | 373 | 223 | 172 | 58 |
| ROCE % | 7% | 6% | 5% | 4% | 4% | 9% | 8% | 17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
31 May - Company Secretary Ms. Tyagi resigns; Mr. Goswami appointed effective 1 June 2025.
- Outcome Of Board Meeting - Audited Financial Results 22 May
-
Board Meeting Intimation for Approval Of Financial Results
16 May - Board meeting on 22 May 2025 to approve FY25 results and appoint secretarial auditor.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
17 Apr - Exemption from annual secretarial compliance report due to SME status.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
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.