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Jigar Cables Ltd (540651)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540651 NSE: Cable | Small Cap | Jigar Cables Share Price

₹67 0.00 (0.00%)

As on 22-May'26 16:59

Jigar Cables Ltd (540651)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540651 NSE: Cable | Small Cap | Jigar Cables Share Price

₹67 0.00 (0.00%)

As on 22-May'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹60 Cr.
Current Price
₹67
52-Week Low / High
₹50 / 77
TTM EPS
₹1.9
TTM Sales
₹56.7 Cr.
Book Value per Share
₹33.2
P/E Ratio
34.58
Lower than its 5-year historical median
Industry PE
55.4
Price to Book (P/B)
2.02
In line with its 5-year historical median
Price to Sales (P/S)
1.07
Lower than its 5-year historical median
EV/EBITDA
18.02
In line with its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
10.13%
Outperforms industry median
Return on Capital Employed (ROCE)
16.84%
Outperforms industry median
Return on Assets (ROA)
7.27%
Operating Profit Margin
4.1%
Net Profit Margin
1.7%
Gross Profit Margin
2.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
148.37%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
139.77%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
73.27%
Asset Quality
Promoter Holding
42.48%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹21 Cr.
Equity
₹9 Cr.
Face Value
₹10
All Time Low / High
₹14.25 / 99.85

Jigar Cables stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Jigar Cables Ltd a good quality company?
Jigar Cables Ltd is a quality company, based on a 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.

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.

How does Jigar Cables Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Jigar Cables Ltd vs industry peers?
Jigar Cables Ltd revenue CAGR is 53.48%, compared to the industry median CAGR of 4.57%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Jigar Cables Ltd?
Promoters hold 42.48% of the Jigar Cables Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Jigar Cables Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 14.03% based on the current price.

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.
Jigar Cables Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0%1.2%6.9%5.8%4.7%4.9%4.1%8.9%7.8%16.8%-
Value Creation
Index
NA-0.9-0.5-0.6-0.7-0.7-0.7-0.4-0.40.2-

Growth Parameters

Sales 01.319.920.212.113.511.127.341.510357
Sales YoY Gr.-NA1,488%1.7%-40%11.2%-17.4%144.9%52.4%148.4%-
Adj EPS 00.10.50.60.30.50.51.41.72.51.9
YoY Gr.-NA766.7%5.8%-49.1%82.1%-5.9%189.6%18.7%49.7%-
BVPS (₹) 011.818.918.919.319.920.521.923.325.833.2
Adj Net
Profit
000.40.40.20.40.311.21.72
Cash Flow from Ops. 0-0.8-3.43.2-0.50.30.70-1.46.7-
Debt/CF from Ops. 0-6.6-10.9-6.511.14.92601.9-30.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA53.5%110.1%148.4%
Adj EPS NA54.6%72.6%49.7%
BVPSNA6%8%10.7%
Share Price - 12% 19.4% 22.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
00.53.92.91.52.62.46.56.88.86.6
Op. Profit
Mgn %
010.564.75.74.876.94.74.15.6
Net Profit
Mgn %
02.31.81.91.72.733.62.81.73.1
Debt to
Equity
010.30.20.20.30.20.30.30.10
Working Cap
Days
001982464374304972271726884
Cash Conv.
Cycle
001251161751973161721486144

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1.2519.8520.1912.1113.4711.1327.2641.53103.15
Operating Expenses + 1.1218.6619.2511.4212.8310.3725.3839.7798.93
Manufacturing Costs0.070.600.480.870.480.341.242.013.07
Material Costs0.6816.6017.219.6210.87922.9836.1391.03
Employee Cost 0.040.310.280.210.290.350.400.540.83
Other Costs 0.331.151.280.721.190.690.751.084
Operating Profit 0.131.190.940.690.640.761.891.764.22
Operating Profit Margin (%) 10.5%6.0%4.7%5.7%4.8%6.8%6.9%4.2%4.1%
Other Income + 0.020.150.480.500.590.340.130.210.12
Exceptional Items 0-0.010.020.01-00000
Interest 0.120.530.400.370.360.300.350.271.50
Depreciation 0.030.390.490.430.390.370.320.290.46
Profit Before Tax 0.010.410.550.390.480.421.351.422.39
Tax -0.020.060.140.190.120.090.360.400.64
Profit After Tax 0.030.350.410.200.360.330.991.011.75
PAT Margin (%) 2.3%1.8%2.0%1.7%2.7%2.9%3.6%2.4%1.7%
Adjusted EPS (₹)0.10.50.60.30.50.51.41.42.5
Dividend Payout Ratio (%)0%0%34.60%0%0%0%0%0%0%

Valuation of Jigar Cables - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 5.3313.2713.5113.7214.0714.4015.3916.4118.16
Share Capital 4.507.037.037.037.037.037.037.037.03
Reserves 0.836.246.486.687.047.378.369.3711.13
Debt +4.993.212.652.793.173.144.434.212.24
Long Term Debt0.140.560.310.170.570.260.110.040.50
Short Term Debt4.852.662.332.622.612.884.324.171.74
Minority Interest000000000
Trade Payables0.220.181.314.240.630.861.280.440.27
Others Liabilities 0.240.320.940.410.530.520.6433.45
Total Liabilities 10.7816.9918.4021.1518.4118.9221.7424.0624.11

Fixed Assets

Net Fixed Assets +1.112.552.632.162.201.981.741.653.69
Gross Block2.033.854.394.324.204.244.334.527.02
Accumulated Depreciation0.921.301.762.1622.262.592.873.33
CWIP 0.2600000000
Investments 0.050.051.051.051.051.051.051.051.05
Inventories5.314.693.115.366.967.8410.0111.127.12
Trade Receivables2.052.404.634.672.533.446.497.919.38
Cash Equivalents 1.020.630.680.150.290.390.530.561.60
Others Assets 0.976.676.307.765.384.221.911.771.28
Total Assets 10.7816.9918.4021.1518.4118.9221.7424.0624.11

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0.77-3.423.19-0.460.310.710-1.426.70
PBT 0.010.410.550.390.480.421.351.422.39
Adjustment 0.130.840.500.350.210.400.540.702.17
Changes in Working Capital -0.91-4.612.17-1.06-0.250.02-1.54-3.142.57
Tax Paid -0.01-0.06-0.02-0.15-0.11-0.13-0.35-0.40-0.43
Cash Flow From Investing Activity + -0.12-4.46-2.500.61-0.36-0.30-0.74-0.37-2.30
Capex -0.12-1.58-0.580.05-0.44-0.15-0.07-0.41-2.27
Net Investments 0-0-1000000
Others 0.01-2.87-0.920.570.08-0.14-0.680.04-0.02
Cash Flow From Financing Activity + 0.457.48-0.64-0.680.19-0.310.871.82-3.37
Net Proceeds from Shares 0.807.60000002.490
Net Proceeds from Borrowing -0.110.41-0.24-0.140.40-0.30-0.15-0.070.46
Interest Paid -0.12-0.53-0.40-0.37-0.21-0.32-0.32-0.27-1.43
Dividend Paid 000-0.1700000
Others -0.1200000.311.34-0.33-2.40
Net Cash Flow -0.43-0.390.05-0.530.140.100.130.041.03

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.543.763.061.522.592.36.666.3810.13
ROCE (%)1.26.915.764.684.914.088.937.7916.84
Asset Turnover Ratio0.131.471.160.670.70.61.341.814.28
PAT to CFO Conversion(x)-25.67-9.777.78-2.30.862.150-1.413.83
Working Capital Days
Receivable Days530.1039.8062.6012995.4097.8066.5063.3030.60
Inventory Days1,371.1089.5069.40117.50163.40242.70119.5092.9032.30
Payable Days117.104.3015.70105.2081.7030.30178.701.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Jigar Cables Ltd FAQs

The current trading price of Jigar Cables on 22-May-2026 16:59 is ₹67.00.

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 21-May-2026 the market cap of Jigar Cables stood at ₹60.38 Cr

The latest P/E ratio of Jigar Cables as of 21-May-2026 is 34.58.

The latest P/B ratio of Jigar Cables as of 21-May-2026 is 2.02.

The 52-week high of Jigar Cables is ₹76.90 and the 52-week low is ₹49.64.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jigar Cables is ₹56.66 ( Cr.) .

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

The key valuation ratios of Jigar 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 Jigar Cables Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Jigar Cables Ltd

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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