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 ₹ 470 Cr.
- Current Price ₹ 209
- High / Low ₹ 248 / 130
- Stock P/E 19.9
- 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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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - Reg 74(5) certificate: all securities dematerialized; no requests for quarter ended Dec 31, 2025; MUFG RTAs confirmation included in filing.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
6 Jan - ₹243.99 crore EPC for NH‑2 six-laning (Km249.525–320.810); construction started Jan 2026.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
27 Dec - Awarded INR 8,81,41,806 work order for 831 km cables in Bihar & Jharkhand.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015: Deed Of Conveyance Of Purchase Of Land & Building
24 Dec - Purchased land & building (164.29 Cottah) for Rs10.45 crore on 23-Dec-2025 for capacity expansion.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
23 Dec - Awarded ₹243.99 crore EPC NHDP Phase V project in Jharkhand; one-year execution for KEL.
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.