Jigar Cables Ltd
- Market Cap ₹ 54.1 Cr.
- Current Price ₹ 60.0
- High / Low ₹ 76.9 / 49.6
- Stock P/E 35.6
- Book Value ₹ 32.3
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 9.05 %
- Face Value ₹ 10.0
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
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 | 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: | 11% |
| 3 Years: | 34% |
| 1 Year: | 2% |
| 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% |
Insights
In beta| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Numbers ・Standalone data |
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| Debtors Turnover Ratio Times ・Includes some standalone data |
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| Installed Capacity - Wires & Cables Meters per year ・Standalone data |
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| Manufacturing Facility Storage/Godown Area Sq. Mtr. ・Standalone data |
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| Manufacturing Facility Land Area - Gondal Sq. Mtr. ・Standalone data |
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Documents
Announcements
-
Annoucement Under Regulation 30 (LODR) - Intimation Regarding Change In Status Of Wholly Owned Subsidiary.
14 Mar - Wholly-owned subsidiary Jigar Polymers converting from Public to Private pending shareholder and regulatory approvals.
-
Appointment of Company Secretary and Compliance Officer
14 Mar - Appoints Nupur Arora as Company Secretary and Compliance Officer effective March 26, 2026.
-
Appointment of Company Secretary and Compliance Officer
14 Mar - Board appointed Mrs. Nupur Arora as Company Secretary & Compliance Officer effective March 26, 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 10 Feb
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 10 Feb
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.