JD Cables Ltd
Incorporated in 2015, JD Cables Limited is engaged in the manufacturing of cables and conductors that cater to the power transmission and distribution sector. [1]
- Market Cap ₹ 371 Cr.
- Current Price ₹ 165
- High / Low ₹ 209 / 130
- Stock P/E 15.7
- Book Value ₹ 56.1
- Dividend Yield 0.00 %
- ROCE 65.6 %
- ROE 117 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 111%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Industrial Products Cables - Electricals
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 20 | 55 | 41 | 101 | 251 | 264 | |
| 19 | 53 | 40 | 94 | 216 | 227 | |
| Operating Profit | 1 | 1 | 1 | 7 | 34 | 38 |
| OPM % | 3% | 2% | 2% | 7% | 14% | 14% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 0 | 1 | 4 | 5 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 1 | 0 | 6 | 30 | 32 |
| Tax % | 27% | 27% | 28% | 25% | 25% | |
| 0 | 0 | 0 | 5 | 22 | 24 | |
| EPS in Rs | 73.33 | 146.67 | 106.67 | 916.00 | 4,430.00 | 2,347.29 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 66% |
| TTM: | 148% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 269% |
| TTM: | 384% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 111% |
| Last Year: | 117% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.03 | 0.03 | 0.03 | 0.05 | 0.05 | 23 |
| Reserves | 0 | 1 | 1 | 8 | 30 | 104 |
| 5 | 5 | 4 | 18 | 46 | 43 | |
| 10 | 10 | 13 | 19 | 39 | 42 | |
| Total Liabilities | 15 | 16 | 18 | 45 | 115 | 211 |
| 2 | 2 | 2 | 3 | 10 | 9 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 13 | 14 | 16 | 42 | 106 | 202 | |
| Total Assets | 15 | 16 | 18 | 45 | 115 | 211 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -0 | 0 | 1 | -13 | -18 | |
| -2 | 0 | 0 | -2 | -7 | |
| 2 | -0 | -1 | 15 | 25 | |
| Net Cash Flow | 0 | -0 | 0 | 1 | -1 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 168 | 66 | 89 | 92 | 89 |
| Inventory Days | 53 | 26 | 52 | 50 | 63 |
| Days Payable | 120 | 24 | 102 | 61 | 56 |
| Cash Conversion Cycle | 101 | 69 | 39 | 80 | 96 |
| Working Capital Days | -32 | -8 | -9 | 11 | 25 |
| ROCE % | 21% | 16% | 47% | 66% |
Documents
Announcements
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Announcement Under Regulation 30 Of SEBI LODR 2015, Intimation Of Grant Of Electrical Contractor License By Government Of West Bengal To JD Cables Ltd
3 Dec - West Bengal Electrical Contractor license granted; valid five years; allows EPC bids for substations, distribution and turnkey electrical projects.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
26 Nov - Transcript of Nov 21 H1 FY26 earnings call; H1 revenue Rs121.44 Cr, EBITDA Rs19.24 Cr, orderbook Rs286.21 Cr.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 Nov - Audio recording of JD Cables H1 FY2026 earnings call (held Nov 21, 2025) available on company website.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 Nov - Audio recording of Nov 21, 2025 H1 FY2026 earnings call now on company's website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
20 Nov - Disclosure of Investor Presentation for Investor meet to be held on 21st November, 2025 to discuss the H1 FY 25-26 results.
Concalls
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Nov 2025Transcript PPT
Business Profile[1]
JD Cables manufactures a range of cables and conductors, including power cables, control cables, aerial bunched cables, single-core service wires, and conductors like AAC, AAAC, and ACSR. These products are used in power transmission and distribution. Co is an approved vendor for several State Electricity Boards.