Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹268 Cr.
Stock P/E
29
P/B
3.2
Current Price
₹186.8
Book Value
₹ 59.3
Face Value
10
52W High
₹221
52W Low
₹ 102.3
Dividend Yield
—

Jainik Power Cables Overview

Business

Jainik Power Cables Ltd. (JAINIK) is an Indian manufacturing company primarily engaged in the production and sale of power cables, with a specific focus indicated by its sector on Aluminium & Aluminium Products. Its core business model involves sourcing aluminium and other raw materials, manufacturing various types of power cables, and distributing them to customers. The company likely makes money by selling these cables for power transmission and distribution projects, industrial applications, infrastructure development, and potentially residential/commercial construction, leveraging aluminium as a cost-effective and efficient conductor material for specific applications.

Revenue Mix

Without specific financial data, the exact revenue mix cannot be determined. However, typical segments for a power cable manufacturer would include:

Low Tension (LT) Cables: Used for industrial, commercial, and residential wiring.

High Tension (HT) Cables: Used for power transmission and distribution networks.

Overhead Conductors: For bare overhead power lines.

Specialty Cables: Potentially customized cables for specific industrial or infrastructure projects.

The revenue would primarily be derived from the sale of these manufactured cable products to utilities, EPC contractors, government agencies, and industrial clients.

Industry

The Indian cable industry is competitive, characterized by several large, established players (e.g., Polycab, Havells, KEI, Finolex, Apar Industries) and numerous smaller regional players. It is largely driven by investments in power infrastructure, renewable energy projects, industrial growth, and real estate development. As a company focused on aluminium power cables, Jainik likely competes on factors such as product quality, adherence to standards, price competitiveness, and timely delivery. Its positioning within this landscape would depend on its market share, regional presence, and specific product portfolio relative to its peers.

MOAT

Without specific information, it is challenging to identify a strong, durable competitive advantage (moat) for Jainik. Potential sources of competitive advantage in the cable industry typically include:

Cost Leadership: Efficient manufacturing processes and strong raw material procurement (especially for aluminium) to offer competitive pricing.

Product Quality & Reliability: Crucial for power cables where product failure can have significant consequences, backed by certifications and a track record.

Customer Relationships: Long-standing relationships with key clients (e.g., state utilities, large industrial corporations, major EPC firms).

Distribution Network: An extensive and efficient supply chain to reach diverse customers across India.

Scale: Economies of scale in production and procurement can lower per-unit costs.

However, strong brand loyalty is less common in this largely B2B segment, and switching costs for standard cable products are generally moderate.

Growth Drivers

Key factors that could drive growth for Jainik Power Cables Ltd. over the next 3-5 years include:

Government Infrastructure Spending: Continued investment in power transmission and distribution (T&D) networks, railway electrification, smart cities, and industrial corridors in India.

Renewable Energy Expansion: The growing installed capacity of solar and wind power requires extensive cable infrastructure for grid integration and internal plant connectivity.

Urbanization and Real Estate Development: Increased demand for power cables for new residential, commercial, and industrial construction projects.

Industrial Growth: Expansion of manufacturing and other industrial sectors leads to increased demand for power and control cables.

Replacement Demand: Upgrading and modernization of aging power infrastructure across the country.

Risks

Commodity Price Volatility: Fluctuations in global aluminium prices (a key raw material) can significantly impact manufacturing costs and profit margins.

Intense Competition: The presence of numerous domestic and international players can lead to pricing pressure and affect market share.

Economic Slowdown: A downturn in the Indian economy, particularly impacting infrastructure spending, industrial activity, or the real estate sector, would directly reduce demand for cables.

Regulatory & Policy Changes: Changes in government policies related to the power sector, infrastructure projects, or material standards could affect operations.

Quality Control & Safety: Product failures can lead to reputational damage, financial liabilities, and loss of future orders.

Credit Risk: Potential payment delays or defaults from large customers, particularly in long-cycle infrastructure projects.

Management & Ownership

Specific information about the promoters, management team, or ownership structure of Jainik Power Cables Ltd. is not available. Typically, many companies in this sector in India are promoter-driven, with significant ownership held by the founding families or groups. The management's focus would likely be on operational efficiency, raw material sourcing, product quality, and securing large-scale orders.

Outlook

Jainik Power Cables Ltd. operates in a sector with significant long-term growth potential, driven by India's ongoing infrastructure development, power sector reforms, and increasing energy demand. The country's push for renewable energy and industrialization presents substantial opportunities for cable manufacturers. However, the company faces a highly competitive environment and is exposed to the volatility of raw material prices, particularly aluminium. Its ability to maintain cost efficiency, ensure product quality, and secure large project orders will be crucial for its sustained growth and profitability in this cyclical industry.

Jainik Power Cables Share Price

Live · NSE · Inception: 2011
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Jainik Power Cables Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Jainik Power Cables Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 64 67 339 352
Other Income 0 0 1 1
Total Income 64 67 339 352
Total Expenditure 63 66 330 337
Operating Profit 1 1 9 15
Interest 1 1 1 2
Depreciation 0 0 1 1
Exceptional Income / Expenses -0 0 0 0
Profit Before Tax 0 0 7 12
Provision for Tax 0 0 2 3
Profit After Tax 0 0 5 9
Adjustments 0 0 0 0
Profit After Adjustments 0 0 5 9
Adjusted Earnings Per Share 0.1 0.2 6 9.5

Jainik Power Cables Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3 3 8 25
Minority's Interest 0 0 0 0
Borrowings 4 6 7 0
Other Non-Current Liabilities -0 -0 -0 -0
Total Current Liabilities 21 28 20 47
Total Liabilities 28 37 35 71
Fixed Assets 1 5 7 7
Other Non-Current Assets 2 1 1 0
Total Current Assets 25 31 28 64
Total Assets 28 37 35 71

Jainik Power Cables Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 0 3
Cash Flow from Operating Activities 0 3 7 -5
Cash Flow from Investing Activities 0 -4 -3 -1
Cash Flow from Financing Activities -1 1 -1 8
Net Cash Inflow / Outflow -1 0 3 2
Closing Cash & Cash Equivalent 0 0 3 6

Jainik Power Cables Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.08 0.18 6.03 9.54
CEPS(Rs) 0.35 0.38 6.91 10.46
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 3.24 3.42 9.45 25.39
Core EBITDA Margin(%) 2.03 2.03 2.43 4.08
EBIT Margin(%) 1.73 1.94 2.39 4.02
Pre Tax Margin(%) 0.14 0.29 1.99 3.52
PAT Margin (%) 0.1 0.22 1.48 2.63
Cash Profit Margin (%) 0.45 0.46 1.7 2.88
ROA(%) 0.23 0.46 13.95 17.35
ROE(%) 2.37 5.29 93.77 56.92
ROCE(%) 6.4 7.05 36.26 41.01
Receivable days 119.26 108.14 15.12 20.63
Inventory Days 12.83 30.41 12.05 18.34
Payable days 59.32 73.99 14.29 18.56
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.24 0.26 0.04 0.07
EV/Core EBITDA(x) 10.91 11.69 1.63 1.56
Net Sales Growth(%) 0 5.07 402.52 3.86
EBIT Growth(%) 0 17.7 520.93 74.62
PAT Growth(%) 0 128.91 3325.67 84.04
EPS Growth(%) 0 128.91 3325.65 58.14
Debt/Equity(x) 5.42 5.92 2.18 0.79
Current Ratio(x) 1.21 1.11 1.36 1.37
Quick Ratio(x) 1.1 0.79 0.7 0.9
Interest Cover(x) 1.09 1.18 5.98 8.01
Total Debt/Mcap(x) 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +4% +77% — —
Operating Profit CAGR +67% +147% — —
PAT CAGR +80% — — —
Share Price CAGR +40% — — —
ROE Average +57% +52% +40% +40%
ROCE Average +41% +28% +23% +23%

Jainik Power Cables Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 67.36 %
FII 0.17 %
DII (MF + Insurance) 0.67 %
Public (retail) 31.81 %
# Sep 2025 Mar 2026
Promoter 67.3667.36
FII 00.17
DII 00.67
Public 32.6431.81
Others 00
Total 100100

Jainik Power Cables Peer Comparison

Aluminium & Aluminium Products Edit Columns

Jainik Power Cables Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Jainik Power Cables Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 52%
  • Company has reduced debt.

Cons

  • Debtor days have increased from 14.29 to 18.56days.
  • Stock is trading at 3.2 times its book value.
Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp