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Jigar Cables Overview

Jigar Cables Ltd is engaged in production of electrical wires and cables wires in India. The Company manufactures energy and control cables, residence wires/ building wires and flat cables below the logo name SIGMA. The Company offers a variety of merchandise, which includes low anxiety (LT) power cables and control cables, submersibile flat cables, safe home wires and arial bunch cables. Submersibile flat cables can be used for programs, along with consuming water pump and offshore drilling rings. LT power manage cables may be used industries,...Read More

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Jigar Cables Key Financials

Market Cap ₹59 Cr.

Stock P/E 32.1

P/B 2.1

Current Price ₹65

Book Value ₹ 31.6

Face Value 10

52W High ₹76.9

Dividend Yield 0%

52W Low ₹ 49.6

Jigar Cables Share Price

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Volume
Price

Jigar Cables Quarterly Price

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Jigar Cables Peer Comparison

Jigar 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

Jigar Cables Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 20 22 14 14 12 28 43 105
Other Income 0 0 0 1 0 0 0 0
Total Income 20 22 14 15 12 29 43 105
Total Expenditure 18 20 13 14 11 26 41 101
Operating Profit 2 2 2 2 1 2 2 5
Interest 1 0 1 0 0 0 0 2
Depreciation 1 1 1 1 1 0 0 1
Exceptional Income / Expenses -0 0 0 -0 0 0 0 0
Profit Before Tax 0 1 0 1 0 1 1 2
Provision for Tax 0 0 0 0 0 0 0 1
Profit After Tax 0 0 0 0 0 1 1 2
Adjustments 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 1 1 2
Adjusted Earnings Per Share 0.6 0.7 0.3 0.6 0.5 1.5 1.5 2.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 144% 106% 50% 0%
Operating Profit CAGR 150% 71% 20% 0%
PAT CAGR 100% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 10% 27% 13% NA%
ROE Average 10% 8% 6% 5%
ROCE Average 17% 11% 9% 8%

Jigar Cables Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 13 14 14 14 15 16 19 21
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 1 1 1 1 1 0 0 0
Other Non-Current Liabilities 0 0 0 0 -0 -0 0 0
Total Current Liabilities 4 12 8 4 5 7 6 4
Total Liabilities 18 27 23 20 20 23 25 25
Fixed Assets 4 5 4 4 4 3 3 5
Other Non-Current Assets 4 5 4 5 3 0 0 0
Total Current Assets 10 17 15 11 14 20 22 20
Total Assets 18 27 23 20 20 23 25 25

Jigar Cables Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 1 0 0 0 1 1
Cash Flow from Operating Activities -3 3 -0 2 1 -0 -1 7
Cash Flow from Investing Activities -6 -3 1 -2 0 -1 -0 -2
Cash Flow from Financing Activities 8 -1 -1 0 -1 1 1 -4
Net Cash Inflow / Outflow -0 0 -1 0 0 0 0 1
Closing Cash & Cash Equivalent 1 1 0 0 0 1 1 2

Jigar Cables Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.57 0.68 0.35 0.6 0.48 1.46 1.48 2.59
CEPS(Rs) 1.34 1.71 1.25 1.4 1.23 2.11 2.05 3.38
DPS(Rs) 0 0.2 0 0 0 0 0 0
Book NAV/Share(Rs) 18.95 19.35 19.71 20.22 20.81 22.27 23.76 26.35
Core EBITDA Margin(%) 7.3 6.4 7.76 5.1 8.84 7.54 4.64 4.24
EBIT Margin(%) 5.08 5.29 6.53 7.13 6.96 6.39 4.22 3.81
Pre Tax Margin(%) 2.35 3.01 3.07 3.75 3.55 4.9 3.41 2.36
PAT Margin (%) 1.96 2.18 1.66 2.85 2.83 3.61 2.45 1.73
Cash Profit Margin (%) 4.6 5.51 5.96 6.68 7.24 5.2 3.38 2.26
ROA(%) 2.2 2.12 0.99 1.95 1.68 4.71 4.3 7.23
ROE(%) 3.01 3.53 1.79 2.99 2.35 6.78 6.45 10.34
ROCE(%) 5.87 6.49 5.36 5.67 4.38 9.01 7.92 16.72
Receivable days 17.96 59.89 156.13 111.4 90.06 64.84 62.64 30.02
Inventory Days 104.54 82.33 131.86 178.97 256.4 130.16 101.68 35.6
Payable days 8.47 26.44 120.4 87.09 31.83 18.82 11.54 2.28
PER(x) 64.96 58.29 43.02 59.53 58.12 18.36 43.77 22.47
Price/Book(x) 1.95 2.04 0.76 1.76 1.35 1.2 2.74 2.21
Dividend Yield(%) 0 0.51 0 0 0 0 0 0
EV/Net Sales(x) 1.49 1.45 1.06 2.03 1.98 0.84 1.17 0.4
EV/Core EBITDA(x) 18.65 16.79 9.12 18.15 17.38 10.52 22.78 9.22
Net Sales Growth(%) 0 8.11 -36.33 5.24 -17.02 137.78 49.83 146.52
EBIT Growth(%) 0 11.31 -16.73 8.99 -20.58 118.12 -1.07 122.89
PAT Growth(%) 0 18.67 -48.42 71.02 -19.2 202.95 1.73 74.47
EPS Growth(%) 0 18.67 -48.41 71.01 -19.2 202.95 1.73 74.47
Debt/Equity(x) 0.33 0.32 0.3 0.34 0.3 0.36 0.29 0.15
Current Ratio(x) 2.9 1.48 1.77 2.65 2.7 2.68 3.58 5.54
Quick Ratio(x) 1.25 1.13 0.96 0.84 0.89 1.16 1.53 3.3
Interest Cover(x) 1.86 2.32 1.89 2.11 2.04 4.29 5.19 2.63
Total Debt/Mcap(x) 0.17 0.16 0.39 0.19 0.22 0.3 0.11 0.07

Jigar Cables Shareholding Pattern

# Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 44.48 44.48 44.48 44.48 44.48 44.48 44.48 44.48 42.48 42.48
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 55.52 55.52 55.52 55.52 55.52 55.52 55.52 55.52 57.52 57.52
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Jigar Cables News

Jigar Cables Pros & Cons

Pros

  • Debtor days have improved from 11.54 to 2.28days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 42.48%.
  • Company has a low return on equity of 8% over the last 3 years.
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