Jigar Cables Ltd

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

₹ 65.0 8.41%
29 Sep - close price
sigmacab.com BSE - SME: 540651
About

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

Key Points

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.

Website BSE
  • Market Cap ₹ 58.6 Cr.
  • Current Price ₹ 65.0
  • High / Low ₹ 76.0 / 50.0
  • Stock P/E 32.5
  • Book Value ₹ 33.6
  • Dividend Yield 0.00 %
  • ROCE 8.57 %
  • ROE 7.02 %
  • Face Value ₹ 10.0
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Pros

  • Debtor days have improved from 40.1 to 19.6 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 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

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
6.69 6.78 7.64 6.20 6.45 12.49 15.96 16.41 26.22 61.72 43.39 26.23 31.72
6.26 6.59 7.10 5.72 5.86 11.70 14.63 15.54 25.12 59.45 41.20 24.81 29.80
Operating Profit 0.43 0.19 0.54 0.48 0.59 0.79 1.33 0.87 1.10 2.27 2.19 1.42 1.92
OPM % 6.43% 2.80% 7.07% 7.74% 9.15% 6.33% 8.33% 5.30% 4.20% 3.68% 5.05% 5.41% 6.05%
0.25 0.60 0.13 0.22 0.10 0.07 0.06 0.02 0.20 0.01 0.10 0.06 0.18
Interest 0.25 0.25 0.10 0.22 0.21 0.23 0.17 0.20 0.14 0.90 0.63 0.19 0.25
Depreciation 0.32 0.29 0.28 0.26 0.26 0.22 0.23 0.20 0.20 0.18 0.38 0.52 0.23
Profit before tax 0.11 0.25 0.29 0.22 0.22 0.41 0.99 0.49 0.96 1.20 1.28 0.77 1.62
Tax % 190.91% 8.00% 34.48% 18.18% 22.73% 19.51% 29.29% 26.53% 28.12% 25.00% 28.12% 24.68% 25.31%
-0.10 0.22 0.20 0.17 0.17 0.33 0.70 0.36 0.68 0.89 0.93 0.59 1.21
EPS in Rs -0.14 0.31 0.28 0.24 0.24 0.47 1.00 0.51 0.97 1.27 1.32 0.65 1.34
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 Mar 2026
19.72 21.39 13.59 14.25 11.96 28.46 42.49 104.83 57.94
18.23 19.98 12.44 13.51 10.90 26.34 40.51 100.38 54.60
Operating Profit 1.49 1.41 1.15 0.74 1.06 2.12 1.98 4.45 3.34
OPM % 7.56% 6.59% 8.46% 5.19% 8.86% 7.45% 4.66% 4.24% 5.76%
0.09 0.48 0.45 0.73 0.30 0.13 0.22 0.11 0.24
Interest 0.56 0.50 0.51 0.36 0.41 0.40 0.35 1.52 0.44
Depreciation 0.54 0.73 0.63 0.56 0.53 0.45 0.40 0.56 0.75
Profit before tax 0.48 0.66 0.46 0.55 0.42 1.40 1.45 2.48 2.39
Tax % 16.67% 27.27% 45.65% 21.82% 19.05% 26.43% 28.28% 26.61% 24.69%
0.40 0.48 0.25 0.42 0.34 1.03 1.04 1.82 1.80
EPS in Rs 0.57 0.68 0.36 0.60 0.48 1.46 1.48 2.59 2.00
Dividend Payout % 0.00% 29.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 32%
3 Years: 27%
TTM: -45%
Compounded Profit Growth
10 Years: %
5 Years: 34%
3 Years: 20%
TTM: -1%
Stock Price CAGR
10 Years: %
5 Years: 21%
3 Years: 13%
1 Year: 0%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 7%
Last Year: 7%

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 Mar 2026
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 21.28
4.36 4.31 4.14 4.79 4.41 5.64 4.89 2.83 11.93
0.59 8.71 5.01 1.02 1.29 2.01 1.29 1.33 3.34
Total Liabilities 18.27 26.65 23.02 20.10 20.33 23.31 25.37 25.17 45.56
3.77 4.79 4.12 4.06 3.68 3.31 3.13 5.09 4.72
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14.43
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 20.08 26.41
Total Assets 18.27 26.65 23.02 20.10 20.33 23.31 25.37 25.17 45.56

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 Mar 2026
-2.78 3.25 -0.29 0.12 0.57 -0.06 -0.96 6.82 -1.43
-5.82 -2.68 0.64 -0.09 0.23 -0.63 -0.41 -2.23 -14.78
8.29 -0.53 -0.92 0.20 -0.79 0.84 1.40 -3.55 16.10
Net Cash Flow -0.31 0.04 -0.57 0.23 0.02 0.15 0.04 1.03 -0.12
Free Cash Flow -5.73 1.50 -0.24 -0.38 0.41 -0.13 -1.39 4.52 -16.24
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit -182% 232% -9% 35% 68% 15% -28% 164% -28%

Ratios

Consolidated / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 18.69 105.11 173.50 64.80 103.15 86.31 67.95 32.69 19.65
Inventory Days 133.18 81.91 231.29 247.26 354.81 172.03 124.01 31.59 119.79
Days Payable 8.41 45.16 164.61 23.23 34.89 23.70 7.63 1.50 15.38
Cash Conversion Cycle 143.47 141.86 240.18 288.83 423.07 234.64 184.33 62.79 124.07
Working Capital Days 111.05 81.74 164.64 171.10 246.89 151.98 129.63 50.73 96.45
ROCE % 6.40% 5.34% 4.91% 4.35% 8.92% 7.93% 16.69% 8.57%

Insights

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Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Number of Permanent Employees
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Sales to Related Party (Ultracab India Limited)
INR Lakhs
Subsidiary Jigar Polymers - Total Revenue (Turnover)
INR Lakhs ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 2026
44.48% 44.48% 44.48% 44.48% 44.48% 44.48% 44.48% 44.48% 44.48% 42.48% 42.48% 42.48%
55.52% 55.52% 55.52% 55.52% 55.52% 55.52% 55.52% 55.52% 55.52% 57.52% 57.52% 57.52%
No. of Shareholders 184176173171170187166168177179184187

Documents

Announcements

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