Jigar Cables Ltd

Jigar Cables Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Jigar Cables Ltd

₹ 65.0 10.81%
20 Nov - close price
sigmacab.com BSE - SME: 540651
About

Incorporated in 2017, Jigar Cables Ltd manufactures Electric wires and cables[1]

Key Points

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.

Website BSE
  • Market Cap ₹ 58.6 Cr.
  • Current Price ₹ 65.0
  • High / Low ₹ 86.1 / 49.6
  • Stock P/E 38.5
  • Book Value ₹ 32.3
  • Dividend Yield 0.00 %
  • ROCE 16.7 %
  • ROE 9.05 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 62.3 to 32.7 days.
  • Company's working capital requirements have reduced from 111 days to 50.7 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -2.00%
  • Company has a low return on equity of 7.39% over last 3 years.

* 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

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025
7.02 6.69 6.78 7.64 6.20 6.45 12.49 15.96 16.41 26.22 61.72 43.39 26.23
6.30 6.26 6.59 7.10 5.72 5.86 11.70 14.63 15.54 25.12 59.45 41.20 24.81
Operating Profit 0.72 0.43 0.19 0.54 0.48 0.59 0.79 1.33 0.87 1.10 2.27 2.19 1.42
OPM % 10.26% 6.43% 2.80% 7.07% 7.74% 9.15% 6.33% 8.33% 5.30% 4.20% 3.68% 5.05% 5.41%
0.20 0.25 0.60 0.13 0.22 0.10 0.07 0.06 0.02 0.20 0.01 0.10 0.06
Interest 0.26 0.25 0.25 0.10 0.22 0.21 0.23 0.17 0.20 0.14 0.90 0.63 0.19
Depreciation 0.32 0.32 0.29 0.28 0.26 0.26 0.22 0.23 0.20 0.20 0.18 0.38 0.52
Profit before tax 0.34 0.11 0.25 0.29 0.22 0.22 0.41 0.99 0.49 0.96 1.20 1.28 0.77
Tax % 0.00% 190.91% 8.00% 34.48% 18.18% 22.73% 19.51% 29.29% 26.53% 28.12% 25.00% 28.12% 24.68%
0.34 -0.10 0.22 0.20 0.17 0.17 0.33 0.70 0.36 0.68 0.89 0.93 0.59
EPS in Rs 0.48 -0.14 0.31 0.28 0.24 0.24 0.47 1.00 0.51 0.97 1.27 1.32 0.65
Raw PDF

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 TTM
19.72 21.39 13.59 14.25 11.96 28.46 42.49 104.83 69.62
18.23 19.98 12.44 13.51 10.90 26.34 40.51 100.38 66.01
Operating Profit 1.49 1.41 1.15 0.74 1.06 2.12 1.98 4.45 3.61
OPM % 7.56% 6.59% 8.46% 5.19% 8.86% 7.45% 4.66% 4.24% 5.19%
0.09 0.48 0.45 0.73 0.30 0.13 0.22 0.11 0.16
Interest 0.56 0.50 0.51 0.36 0.41 0.40 0.35 1.52 0.82
Depreciation 0.54 0.73 0.63 0.56 0.53 0.45 0.40 0.56 0.90
Profit before tax 0.48 0.66 0.46 0.55 0.42 1.40 1.45 2.48 2.05
Tax % 16.67% 27.27% 45.65% 21.82% 19.05% 26.43% 28.28% 26.61%
0.40 0.48 0.25 0.42 0.34 1.03 1.04 1.82 1.52
EPS in Rs 0.57 0.68 0.36 0.60 0.48 1.46 1.48 2.59 1.97
Dividend Payout % 0.00% 29.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 50%
3 Years: 106%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: 49%
3 Years: 75%
TTM: -3%
Stock Price CAGR
10 Years: %
5 Years: 22%
3 Years: 38%
1 Year: -21%
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 Sep 2025
Equity Capital 7.03 7.03 7.03 7.03 7.03 7.03 7.03 7.03 9.01
Reserves 6.29 6.60 6.84 7.26 7.60 8.63 12.16 13.98 20.07
4.36 4.31 4.14 4.79 4.41 5.64 4.89 2.82 0.00
0.59 8.71 5.01 1.02 1.29 2.01 1.29 1.33 2.97
Total Liabilities 18.27 26.65 23.02 20.10 20.33 23.31 25.37 25.16 32.05
3.77 4.79 4.12 4.06 3.68 3.31 3.13 5.09 10.89
CWIP 0.00 0.00 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 0.00 0.00
14.50 21.86 18.90 16.04 16.65 20.00 22.24 20.07 21.16
Total Assets 18.27 26.65 23.02 20.10 20.33 23.31 25.37 25.16 32.05

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
-2.78 3.25 -0.29 0.12 0.57 -0.06 -0.96 6.91
-5.82 -2.68 0.64 -0.09 0.23 -0.63 -0.41 -2.33
8.29 -0.53 -0.92 0.20 -0.79 0.84 1.40 -3.55
Net Cash Flow -0.31 0.04 -0.57 0.23 0.02 0.15 0.04 1.03

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 18.69 105.11 173.50 64.80 103.15 86.31 67.95 32.69
Inventory Days 133.18 81.91 231.29 247.26 354.81 172.03 124.01 31.60
Days Payable 8.41 45.16 164.61 23.23 34.89 23.70 7.63 1.54
Cash Conversion Cycle 143.47 141.86 240.18 288.83 423.07 234.64 184.33 62.76
Working Capital Days 111.05 81.74 164.64 171.10 246.89 151.98 129.63 50.73
ROCE % 6.40% 5.34% 4.91% 4.35% 8.92% 7.93% 16.70%

Shareholding Pattern

Numbers in percentages

Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
50.21% 50.80% 44.48% 44.48% 44.48% 44.48% 44.48% 44.48% 44.48% 44.48% 44.48% 42.48%
49.79% 49.20% 55.52% 55.52% 55.52% 55.52% 55.52% 55.52% 55.52% 55.52% 55.52% 57.52%
No. of Shareholders 194191184176173171170187166168177179

Documents

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