Jigar Cables Ltd
- Market Cap ₹ 45.7 Cr.
- Current Price ₹ 65.0
- High / Low ₹ 93.0 / 49.6
- Stock P/E 25.1
- Book Value ₹ 29.9
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 9.05 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 62.2 to 32.6 days.
- Company's working capital requirements have reduced from 111 days to 50.6 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.38% 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
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 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 20 | 21 | 14 | 14 | 12 | 28 | 43 | 105 | |
| 18 | 20 | 12 | 14 | 11 | 26 | 41 | 101 | |
| Operating Profit | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 4 |
| OPM % | 8% | 7% | 8% | 5% | 9% | 7% | 5% | 4% |
| 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 |
| Profit before tax | 0 | 1 | 0 | 1 | 0 | 1 | 1 | 2 |
| Tax % | 17% | 27% | 46% | 22% | 19% | 26% | 28% | 27% |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | |
| EPS in Rs | 0.57 | 0.68 | 0.36 | 0.60 | 0.48 | 1.46 | 1.48 | 2.59 |
| Dividend Payout % | 0% | 29% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 51% |
| 3 Years: | 106% |
| TTM: | 147% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 75% |
| TTM: | 75% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 36% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 6 | 7 | 7 | 7 | 8 | 9 | 12 | 14 |
| 4 | 4 | 4 | 5 | 4 | 6 | 5 | 3 | |
| 1 | 9 | 5 | 1 | 1 | 2 | 1 | 1 | |
| Total Liabilities | 18 | 27 | 23 | 20 | 20 | 23 | 25 | 25 |
| 4 | 5 | 4 | 4 | 4 | 3 | 3 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 14 | 22 | 19 | 16 | 17 | 20 | 22 | 20 | |
| Total Assets | 18 | 27 | 23 | 20 | 20 | 23 | 25 | 25 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -3 | 3 | -0 | 0 | 1 | -0 | -1 | 7 | |
| -6 | -3 | 1 | -0 | 0 | -1 | -0 | -2 | |
| 8 | -1 | -1 | 0 | -1 | 1 | 1 | -4 | |
| Net Cash Flow | -0 | 0 | -1 | 0 | 0 | 0 | 0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 105 | 174 | 65 | 103 | 86 | 68 | 33 |
| Inventory Days | 133 | 82 | 231 | 247 | 355 | 172 | 123 | 32 |
| Days Payable | 8 | 45 | 165 | 23 | 35 | 24 | 8 | 2 |
| Cash Conversion Cycle | 143 | 142 | 240 | 289 | 423 | 235 | 183 | 63 |
| Working Capital Days | 111 | 82 | 165 | 171 | 247 | 152 | 129 | 51 |
| ROCE % | 6% | 5% | 5% | 4% | 9% | 8% | 17% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
2d - Scrutinizer's report and combined voting results for 9th AGM on Sep 27, 2025.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
27 Sep - AGM on Sep 27, 2025: adopted FY2024-25 standalone and consolidated accounts; reappointed directors; voting results pending.
-
Closure of Trading Window
25 Sep - Trading window closed Oct 1, 2025 until 48 hours after Q2/half-year Sep 30, 2025 results announcement.
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 (The "Listing Regulation') - Purchase Of Industrial Property
22 Sep - Purchased factory land and building (17,705 sq m) in Rajkot for ₹5,80,50,000 on 22 Sep 2025.
-
Reg. 34 (1) Annual Report.
4 Sep - 9th Annual Report FY2024-25: Consolidated revenue Rs10,522.21 lakh; PAT Rs182.18 lakh; AGM on Sept 27, 2025.,
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.