Jigar Cables Ltd

About [ edit ]

Jigar Cables is one of the largest manufactures of "SIGMA" brand electric wires & cables in India. The Company has an experience of manufacturing wires and cables for more than 20 years, with the help of advance technology and skillful employers. The Company has emerged as a pioneer in the electrical field.(Source : 201903 Annual Report Page No: 2)

  • Market Cap 24.4 Cr.
  • Current Price 34.8
  • High / Low 39.9 / 20.0
  • Stock P/E 97.8
  • Book Value 19.7
  • Dividend Yield 0.00 %
  • ROCE 5.34 %
  • ROE 1.82 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -6.32%
  • Earnings include an other income of Rs.0.44 Cr.
  • Company has high debtors of 173.50 days.

Peer comparison

Sector: Cables Industry: Cables - Power

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Other Income
Interest
Depreciation
Profit before tax
Tax %
Net Profit
EPS in Rs

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
19.72 21.39 13.59
18.24 19.96 12.43
Operating Profit 1.48 1.43 1.16
OPM % 7.51% 6.69% 8.54%
Other Income 0.10 0.46 0.44
Interest 0.56 0.50 0.51
Depreciation 0.54 0.73 0.63
Profit before tax 0.48 0.66 0.46
Tax % 16.67% 27.27% 45.65%
Net Profit 0.40 0.48 0.25
EPS in Rs 0.57 0.68 0.36
Dividend Payout % 0.00% 29.29% 0.00%
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-36%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-46%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:-3%
1 Year:51%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
7.03 7.03 7.03
Reserves 6.29 6.60 6.84
Borrowings 4.36 4.31 4.14
0.59 8.71 5.01
Total Liabilities 18.27 26.65 23.02
3.77 4.79 4.12
CWIP 0.00 0.00 0.00
Investments 0.00 0.00 0.00
14.50 21.86 18.90
Total Assets 18.27 26.65 23.02

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
-2.78 3.25 -0.29
-5.82 -2.68 0.64
8.29 -0.53 -0.92
Net Cash Flow -0.31 0.04 -0.57

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
ROCE % 6.40% 5.34%
Debtor Days 18.69 105.11 173.50
Inventory Turnover 3.68 2.01

Shareholding Pattern

Numbers in percentages

Sep 2017 Mar 2018 Sep 2018 Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021
48.73 48.73 48.73 48.73 50.21 50.21 50.80 44.48
51.27 51.27 51.27 51.27 49.79 49.79 49.20 55.52

Documents