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Jigar Cables Ltd.

Jigar Cables Ltd.

BBSE:JIGAR
64.99
INR
+5.04
(+8.41%)
540.72MMarket Cap
Jigar Cables Ltd.
BSE:JIGAR
(Bombay Stock Exchange)

Recent

price

64.99

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
21.45
14.41
11.43
13.2
1.78
31.41
30.59
19.49
20.51
17.02
40.47
60.63
149.47
64.31
- -
Revenue per Share
0.03
0.04
- -
0.01
0.04
0.63
0.68
0.35
0.6
0.48
1.46
1.48
2.59
2
- -
Basic EPS, GAAP
0.15
-1.24
0.41
2.82
- -
-9.06
2.11
-0.42
1.34
0.57
-0.23
-1.97
6.43
-18.03
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2.84
2.39
1.85
1.88
7.54
18.95
19.38
19.73
20.33
20.81
22.27
27.3
29.89
33.62
33.62
Book Value per Share
2.84
2.39
1.85
1.88
7.54
18.95
19.38
19.73
20.33
20.81
22.27
27.3
29.89
33.62
33.62
Tangible Book Value per Share
7
7
7
7
7
6
7
7
7
7
7
7
7
9
9
Basic Weighted Avg Shares
151
101
80
93
13
199
215
137
144
120
285
426
1,051
580
- -
Sales/Revenue/Turnover
3.46
7.38
9.81
7.79
8.48
5.36
3.43
4.33
1.83
5.7
5.84
4.19
3.71
4.48
- -
Operating Margin (%)
1
2
2
2
- -
5
7
6
6
5
5
4
6
7
- -
Depreciation Expense
- -
- -
- -
- -
- -
4
5
2
4
3
10
10
18
18
- -
Net Income, GAAP
53.68
41.57
- -
31.91
- -
16.61
27.72
45.93
23.21
20.26
26.37
28.09
26.7
24.71
- -
Effective Tax Rate (%)
0.16
0.25
-0.03
0.07
2.28
2.01
2.21
1.79
2.91
2.83
3.61
2.45
1.73
3.11
- -
Profit Margin (%)
9
6
4
3
40
67
55
63
71
85
124
157
162
168
168
Working Capital
- -
3
1
2
1
13
13
9
15
7
2
- -
5
61
61
LT Debt
20
17
13
13
53
133
136
139
143
146
157
192
210
303
303
Total Equity
- -
7.17
- -
6.79
- -
5.85
2.82
1.56
0.74
2.52
6.06
5.64
11.95
5.99
- -
Return on Invested Capital (%)
- -
6.31
- -
7.31
- -
5.74
4.43
2.78
4.2
3.41
6.53
4.79
12.01
6.28
- -
Return on Capital (%)
- -
1.37
-0.14
0.49
0.86
4.3
3.53
1.78
2.98
2.34
6.78
5.99
9.06
7.01
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
23
- -
58
LT Borrowings
5
- -
61
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
9
9
Market Capitalization
409
586
541

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
198
209
259
Cash, Cash Equivalents & STI
16
22
15
Accounts Receivable, Net
94
6
31
Inventories
80
148
162
Total Current Liabilities
36
29
91
Payables & Accruals
- -
- -
- -
ST Debt
23
- -
58
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
54.59%
17.12%
44.14%
Free Cash Flow
- -
-68.18%
-459.19%
Net Income, GAAP
194.77%
51.75%
-1.21%
Sales/Revenue/Turnover
164.92%
54.45%
-44.86%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
426
2025
- -
- -
1,051
2026
- -
- -
580

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.48
2025
- -
- -
2.59
2026
- -
- -
2

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Jigar Cables Limited manufactures electric wires and cables under the SIGMA brand in India; its core products include submersible flat cables for irrigation pumps and water supply systems, flexible copper cables for industrial power distribution in panels, motors, and pumps, LT PVC cables for low-tension electrical applications, aerial bunched cables for overhead power distribution, house wires for residential installations, aluminum twin flat and round service cables for overhead and underground networks, and poly insulated submersible connection cables for power plants and projects; the company also trades solar panels and equipment as a non-strategic activity and develops solar EPC projects. Founded in 1998 as a partnership firm and incorporated as a public limited company in 2017, Jigar Cables Limited maintains its headquarters and manufacturing facility at Plot No. 164/14 & 15, G.I.D.C.-II, Jamwadi, Gondal, Rajkot, Gujarat, India, with ISO-9001:2015 certification ensuring compliance with national and international standards. The company serves diverse sectors such as chemicals, pharmaceuticals, construction, ports, shipping, food and beverages, thermal power, petrochemicals, automobiles, petroleum, steel, textiles, cement, plastics, hospitals, railways, and mining, with products trusted domestically and internationally. In recent developments, Jigar Cables Limited reduced its debt significantly to Rs 1.18 crore as of March 2025 from higher levels previously, improved debtor days to 32.6 and working capital requirements to 50.6 days, reported consolidated revenue of Rs 10,522.21 lakh and profit after tax of Rs 182.18 lakh for FY2024-25, purchased industrial property in September 2025 to support expansion, announced changes in management in May 2025, and continues backward integration efforts through its group entity Jigar Polymers Limited for PVC and XLPE manufacturing.