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 ₹ 367 Cr.
- Current Price ₹ 163
- High / Low ₹ 254 / 130
- Stock P/E 11.6
- Book Value ₹ 64.8
- Dividend Yield 0.00 %
- ROCE 33.6 %
- ROE 36.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 170% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 52.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 49.2 days to 112 days
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 20 | 55 | 41 | 101 | 251 | 365 | |
| 19 | 53 | 40 | 94 | 216 | 317 | |
| Operating Profit | 1 | 1 | 1 | 7 | 34 | 48 |
| OPM % | 3.0% | 2.0% | 2.1% | 7% | 14% | 13% |
| 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 1 | 0 | 1 | 4 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 1 | 0 | 6 | 30 | 42 |
| Tax % | 27% | 27% | 28% | 25% | 25% | 25% |
| 0 | 0 | 0 | 5 | 22 | 32 | |
| EPS in Rs | 0.22 | 0.44 | 0.32 | 2.76 | 13.27 | 14.07 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 79% |
| 3 Years: | 107% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 170% |
| 3 Years: | 363% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 52% |
| 3 Years: | 52% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.03 | 0.03 | 0.03 | 0.05 | 0.05 | 23 |
| Reserves | 0 | 1 | 1 | 8 | 30 | 124 |
| 5 | 5 | 4 | 18 | 46 | 57 | |
| 10 | 10 | 13 | 19 | 39 | 35 | |
| Total Liabilities | 15 | 16 | 18 | 45 | 115 | 237 |
| 2 | 2 | 2 | 3 | 10 | 21 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | 6 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 |
| 13 | 14 | 16 | 42 | 106 | 211 | |
| Total Assets | 15 | 16 | 18 | 45 | 115 | 237 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -0 | 0 | 1 | -13 | -18 | -74 | |
| -2 | 0 | 0 | -2 | -7 | -17 | |
| 2 | -0 | -1 | 15 | 25 | 91 | |
| Net Cash Flow | 0 | -0 | 0 | 1 | -1 | -0 |
| Free Cash Flow | -2 | 0 | 1 | -14 | -25 | -92 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -76% | 15% | 161% | -159% | -42% | -127% |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 168 | 66 | 89 | 92 | 89 | 96 |
| Inventory Days | 53 | 26 | 52 | 50 | 63 | 101 |
| Days Payable | 120 | 24 | 102 | 61 | 56 | 29 |
| Cash Conversion Cycle | 101 | 69 | 39 | 80 | 96 | 168 |
| Working Capital Days | -32 | -8 | -9 | 11 | 25 | 112 |
| ROCE % | 21% | 16% | 47% | 66% | 34% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cables & Wires Revenue Share % |
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| Capacity Utilization - Unit I % |
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| Installed Capacity - Cables and Conductors Kms |
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| Production Volume - Cables and Conductors Kms |
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| Capacity Utilization - Unit II % |
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| Top Five Customers Revenue Share % |
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| Order Book INR Crore |
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| States of Presence count |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter and half-year ended 30 September 2026.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- JD Cables won Rs. 30.43 crore order for cables and conductors, to be delivered within 3 months.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Voting results and scrutinizer report for 11th AGM held on 30 September 2026 via VC/OAVM.
-
Attendance For AGM 30.09.2026
- JD Cables held its 11th AGM on 30 September 2026 and submitted the attendance report.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
Concalls
-
Jun 2026Transcript PPT
-
Jun 2026PPT
-
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.