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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

64.99 -4.46 (-6.42%)
As on 05-May'26 16:59

Jigar Cables Ltd (540651)

BSE: 540651 NSE:
Key Metrics
Market Cap
₹59 Cr.
P/E Ratio
33.45
Price to Book (P/B)
2.08
Price to Sales (P/S)
0.57
EV/EBITDA
13.66
Return on Capital Employed (ROCE)
16.84%
Current Price
₹65
Return on Equity (ROE)
10.13%
Return on Assets (ROA)
7.27%
Operating Profit Margin
4.1%
Net Profit Margin
1.7%
Gross Profit Margin
2.8%
Book Value per Share
₹31.2
Sales Growth (YoY)
148.37%
Sales Growth (3 Years)
110.05%
Operating Profit Growth (1 Year)
139.77%
Operating Profit Growth (3 Years)
77.08%
Net Profit Growth (1 Year)
73.27%
52-Week Low / High
₹50 / 77
Net Profit Growth (3 Years)
75.07%
Dividend Yield
0.00%
Promoter Holding
42.48%
Pledged shares (%)
of Promoter's holding (%)
0.00%

Check Before You Invest

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 11.17% based on the current price.
Q.1 Revenue growth of Jigar Cables Ltd?
Jigar Cables Ltd revenue growth is 148.4% for FY-2025, which is above its 5-year CAGR of 53.48%, indicating faster growth.
Q.1 Which industry/sub-sector does Jigar Cables Ltd belong to?
Jigar Cables Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Cable segment.
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 Revenue growth of Jigar Cables Ltd vs industry peers?
Jigar Cables Ltd revenue CAGR is 53.48%, compared to the industry median CAGR of 19.91%, indicating faster growth and gaining its market share.

DeciZen - make an informed investing decision on Jigar Cables

Based on:

M-Cap below 100cr DeciZen not available

Jigar Cables stock performance

Key Ratios
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Is Jigar Cables Ltd an attractive stock to invest in?

1. Is Jigar Cables Ltd a good quality company?

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

2. Is Jigar Cables Ltd undervalued or overvalued?

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

3. Is Jigar Cables Ltd a good buy now?

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.

10 Year X-Ray :

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

Value Creation Index Colour Code Guide

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

Growth Parameters Colour Code Guide

Sales 01.319.920.212.113.511.127.341.5103103
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 (₹) 011.818.918.919.319.920.521.923.325.831.2
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

CAGR Colour Code Guide

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 - 13.3% 26.6% 17.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
00.53.92.91.52.62.46.56.88.86.8
Op. Profit
Mgn %
010.564.75.74.876.94.74.15.6
Net Profit
Mgn %
02.31.81.91.72.733.62.81.71.7
Debt to
Equity
010.30.20.20.30.20.30.30.10
Working Cap
Days
001982464374304972271726884
Cash Conv.
Cycle
001251161751973161721486144

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.10%

Sales growth is growing at healthy rate in last 3 years 110.05%

Net Profit is growing at healthy rate in last 3 years 72.64%

Sales growth is not so good in last 4 quarters at 2.11%

Latest Financials

Standalone Consolidated
TTM EPS (₹) 1.9 2
TTM Sales (₹ Cr.) 103 105
BVPS (₹) 31.2 31.6
Reserves (₹ Cr.) 19 19
P/BV 2.08 2.06
PE 33.45 32.15
From the Market
52 Week Low / High (₹) 49.64 / 76.90
All Time Low / High (₹) 14.25 / 99.85
Market Cap (₹ Cr.) 58.6
Equity (₹ Cr.) 9
Face Value (₹) 10
Industry PE 48.4

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 (%)

Valuation of Jigar Cables - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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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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Event Update

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Analyst's Notes

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No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

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%

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

Finance 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

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Jigar Cables Ltd FAQs

The current trading price of Jigar Cables on 05-May-2026 16:59 is ₹64.99.

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 04-May-2026 the market cap of Jigar Cables stood at ₹58.57 Cr

The latest P/E ratio of Jigar Cables as of 04-May-2026 is 33.45.

The latest P/B ratio of Jigar Cables as of 04-May-2026 is 2.08.

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 ₹103 ( Cr.) .

About Jigar Cables Ltd

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