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JD Cables Ltd (544524)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544524 NSE: Cable | Small Cap | JD Cables Share Price

₹229.50 -6.30 (-2.67%)

As on 29-Jun'26 16:59

JD Cables Ltd (544524)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544524 NSE: Cable | Small Cap | JD Cables Share Price

₹229.50 -6.30 (-2.67%)

As on 29-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹518 Cr.
Current Price
₹229.5
52-Week Low / High
₹130 / 249
TTM EPS
₹14.1
TTM Sales
₹365 Cr.
Book Value per Share
₹64.8
P/E Ratio
16.31
Lower than its 5-year historical median
Industry PE
56.8
Price to Book (P/B)
3.54
Higher than its 5-year historical median
Price to Sales (P/S)
1.42
Lower than its 5-year historical median
EV/EBITDA
11.63
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
116.49%
Outperforms industry median
Return on Capital Employed (ROCE)
65.31%
Outperforms industry median
Return on Assets (ROA)
27.48%
Operating Profit Margin
13.6%
Net Profit Margin
8.79%
Gross Profit Margin
12.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
148.47%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
370.11%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
381%
Asset Quality
Promoter Holding
70.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹124 Cr.
Equity
₹22.6 Cr.
Face Value
₹10
All Time Low / High
₹130.00 / 249.40

JD Cables stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is JD Cables Ltd a good quality company?
JD Cables Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

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We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

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How does JD Cables Ltd performance compare with that of its Peers?
Q.1 Revenue growth of JD Cables Ltd vs industry peers?
JD Cables Ltd revenue CAGR is 66.18%, compared to the industry median CAGR of 13.71%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of JD Cables Ltd?
Promoters hold 70.00% of the JD Cables Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of JD Cables Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
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10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
JD Cables Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ20.1%15.7%47%65.3%-
Value Creation
Index ⓘ		0.40.12.43.7-

Growth Parameters ⓘ
Sales ⓘ54.640.9101251365
Sales YoY Gr.--25.2%146.8%148.5%-
Adj EPS ⓘ0.40.32.813.414.1
YoY Gr.--27.3%765.6%382.7%-
BVPS (₹) ⓘ0.91.24.718.164.8
Adj Net
Profit ⓘ		0.40.34.622.132
Cash Flow from Ops. ⓘ0.11.2-12.8-18.2-
Debt/CF from Ops. ⓘ51.93.1-1.4-2.5-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANA66.2%148.5%
Adj EPS ⓘNANA212.1%382.7%
BVPSⓘNANA175.1%283.1%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		50.931.3101.711733.9
Op. Profit
Mgn % ⓘ		2.12.17.213.6NAN
Net Profit
Mgn % ⓘ		0.80.84.58.88.7
Debt to
Equity ⓘ		5.53.32.31.5-
Working Cap
Days ⓘ		01341031040
Cash Conv.
Cycle ⓘ		06647600

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales5541101251
Operating Expenses ⓘ + 534094216
Manufacturing Costs0116
Material Costs533890208
Employee Cost 0001
Other Costs ⓘ 1121
Operating Profit ⓘ 11734
Operating Profit Margin (%) 2.0%2.1%7.2%13.6%
Other Income ⓘ + 0000
Exceptional Items ⓘ 000-0
Interest ⓘ 1014
Depreciation ⓘ 0001
Profit Before Tax ⓘ 10629
Tax ⓘ 0027
Profit After Tax 00522
PAT Margin (%) 0.8%0.8%4.5%8.8%
Adjusted EPS (₹)0.40.32.813.3
Dividend Payout Ratio (%)0%0%0%0%

Valuation of JD Cables - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 11830
Share Capital ⓘ 0000
Reserves ⓘ 11830
Debt +541845
Long Term Debt0001
Short Term Debt541744
Minority Interest0000
Trade Payables3111532
Others Liabilities ⓘ 7248
Total Liabilities ⓘ 161845115

Fixed Assets

Net Fixed Assets ⓘ +22310
Gross Block22411
Accumulated Depreciation0012
CWIP ⓘ 0000
Investments ⓘ 0000
Inventories461236
Trade Receivables10102561
Cash Equivalents 0014
Others Assets ⓘ 0035
Total Assets ⓘ 161845115

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 01-13-18
PBT ⓘ 10629
Adjustment ⓘ 0014
Changes in Working Capital ⓘ -11-19-48
Tax Paid ⓘ -0-0-1-4
Cash Flow From Investing Activity ⓘ + 00-2-7
Capex -00-2-7
Net Investments 0000
Others ⓘ 0000
Cash Flow From Financing Activity ⓘ + -0-11525
Net Proceeds from Shares ⓘ 0020
Net Proceeds from Borrowing ⓘ 0001
Interest Paid ⓘ -0-0-1-3
Dividend Paid ⓘ 0000
Others ⓘ 0-11427
Net Cash Flow ⓘ -001-1

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)50.8531.28101.65116.49
ROCE (%)20.0715.6946.9865.31
Asset Turnover Ratio3.422.413.23.13
PAT to CFO Conversion(x)N/AN/A-2.6-0.82
Working Capital Days
Receivable Days66.1088.406462.90
Inventory Days25.5041.6032.2035.20
Payable Days23.606752.4041.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

JD Cables Ltd FAQs

The current trading price of JD Cables on 29-Jun-2026 16:59 is ₹229.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Jun-2026 the market cap of JD Cables stood at ₹517.5 Cr

The latest P/E ratio of JD Cables as of 28-Jun-2026 is 16.31.

The latest P/B ratio of JD Cables as of 28-Jun-2026 is 3.54.

The 52-week high of JD Cables is ₹249.4 and the 52-week low is ₹130.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JD Cables is ₹365 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that JD Cables Ltd is a average quality company.

The key valuation ratios of JD Cables Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of JD Cables Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About JD Cables Ltd

JD Cables was originally incorporated as ‘JD Cables Private Limited’ a private limited company under the Companies Act, 2013 at Kolkata, West Bengal, pursuant to a certificate of incorporation dated June 12, 2015, issued by the Registrar of Companies, West Bengal (RoC). Thereafter, name of the company was changed from ‘JD Cables Private Limited’ to ‘JD Cables Limited’, consequent to conversion of the company from private to public company, pursuant to a special resolution passed by the shareholders of the company on October 28, 2024 and a fresh certificate of incorporation dated December 02, 2024 was issued by the Registrar of Companies, Central Processing Centre.

It is engaged in manufacturing of Cables and Conductors which widely include manufacturing of Power Cables, Control Cables, Aerial Bunched Cables, Single-core service wire and All Aluminium Conductor (A.A.C.), All Aluminium Alloy Conductor (A.A.A.C.), Aluminium conductor steel reinforced (A.C.S.R.) Conductors used for transmission and distribution of electricity. Its products adhere to national quality standards and are widely used in the electrical industry. It has obtained ISO 9001:2015, IS 398: PART 2 :1996, IS 694: 2010, IS 1554: PART 1 :1988, IS 7098: PART 1 :1988, IS 14255: 1995, ISO 9001:2015 Certificates for manufacturing of wires, cables & conductors. The company is an approved vendor for various State Electricity Boards. Its supply network spans across multiple states in the country. 

Its growth and success have been driven by the unwavering dedication of its Promoter, Piyush Garodia, who has been a cornerstone of its journey since its inception. As the Managing Director and Promoter, he provides strategic leadership, guiding the management team with a forward-thinking approach and a commitment to innovation. With extensive technical expertise and over 10 Years of experience, Garodia plays a crucial role in overseeing overall operations, daily management, and key strategic decisions. Backed by a team of skilled professionals who continuously analyze market trends and evolving industry needs, it remains focused on sustainable growth and excellence.

Business area of the company

The company is engaged in the business of manufacturing of Wires, Cables and Conductors. It specializes in manufacturing of Power Cables, Control Cables, Aerial Bunched Cables, Single-core service wire and All Aluminium Conductor (A.A.C.), All Aluminium Alloy Conductor (A.A.A.C.), Aluminium conductor steel reinforced (A.C.S.R.) Conductors used for transmission and distribution of electricity.

Products of the company 

Cables

  • Power Cables - LV XLPE/PVC insulated Power Cables
  • Control cables - LV XLPE/PVC insulated control cables 
  • LV Aerial Bunch Cable
  • Single-core service wire

Conductors

  • ACSR Conductor (Aluminium Conductor, Steel Reinforced) 
  • AAAC Conductor (All Aluminium Alloy Conductor)
  • AAC Conductor (All Aluminium Conductor)

History and milestones

  • 2015: Incorporation of the company as a Private Company  
  • 2024: Conversion of the company from a Private Company to a Public Company

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