Price
Financials
Consolidated, Rs crore| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.78 | 7.64 | 6.20 | 6.45 | 12.49 | 15.96 | 16.41 | 26.22 | 61.72 | 43.39 | 26.23 | 31.72 |
| Expenses | 6.59 | 7.10 | 5.72 | 5.86 | 11.70 | 14.63 | 15.54 | 25.12 | 59.45 | 41.20 | 24.81 | 29.80 |
| Operating Profit | 0.19 | 0.54 | 0.48 | 0.59 | 0.79 | 1.33 | 0.87 | 1.10 | 2.27 | 2.19 | 1.42 | 1.92 |
| OPM % | 2.80% | 7.07% | 7.74% | 9.15% | 6.33% | 8.33% | 5.30% | 4.20% | 3.68% | 5.05% | 5.41% | 6.05% |
| Other Income | 0.60 | 0.13 | 0.22 | 0.10 | 0.07 | 0.06 | 0.02 | 0.20 | 0.01 | 0.10 | 0.06 | 0.18 |
| Interest | 0.25 | 0.10 | 0.22 | 0.21 | 0.23 | 0.17 | 0.20 | 0.14 | 0.90 | 0.63 | 0.19 | 0.25 |
| Depreciation | 0.29 | 0.28 | 0.26 | 0.26 | 0.22 | 0.23 | 0.20 | 0.20 | 0.18 | 0.38 | 0.52 | 0.23 |
| Profit before tax | 0.25 | 0.29 | 0.22 | 0.22 | 0.41 | 0.99 | 0.49 | 0.96 | 1.20 | 1.28 | 0.77 | 1.62 |
| Tax % | 8.00% | 34.48% | 18.18% | 22.73% | 19.51% | 29.29% | 26.53% | 28.12% | 25.00% | 28.12% | 24.68% | 25.31% |
| Net Profit | 0.22 | 0.20 | 0.17 | 0.17 | 0.33 | 0.70 | 0.36 | 0.68 | 0.89 | 0.93 | 0.59 | 1.21 |
| EPS in Rs | 0.31 | 0.28 | 0.24 | 0.24 | 0.47 | 1.00 | 0.51 | 0.97 | 1.27 | 1.32 | 0.65 | 1.34 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 19.72 | 21.39 | 13.59 | 14.25 | 11.96 | 28.46 | 42.49 | 104.83 | 57.94 |
| Expenses | 18.23 | 19.98 | 12.44 | 13.51 | 10.90 | 26.34 | 40.51 | 100.38 | 54.60 |
| Operating Profit | 1.49 | 1.41 | 1.15 | 0.74 | 1.06 | 2.12 | 1.98 | 4.45 | 3.34 |
| OPM % | 7.56% | 6.59% | 8.46% | 5.19% | 8.86% | 7.45% | 4.66% | 4.24% | 5.76% |
| Other Income | 0.09 | 0.48 | 0.45 | 0.73 | 0.30 | 0.13 | 0.22 | 0.11 | 0.24 |
| Interest | 0.56 | 0.50 | 0.51 | 0.36 | 0.41 | 0.40 | 0.35 | 1.52 | 0.44 |
| Depreciation | 0.54 | 0.73 | 0.63 | 0.56 | 0.53 | 0.45 | 0.40 | 0.56 | 0.75 |
| Profit before tax | 0.48 | 0.66 | 0.46 | 0.55 | 0.42 | 1.40 | 1.45 | 2.48 | 2.39 |
| Tax % | 16.67% | 27.27% | 45.65% | 21.82% | 19.05% | 26.43% | 28.28% | 26.61% | 24.69% |
| Net Profit | 0.40 | 0.48 | 0.25 | 0.42 | 0.34 | 1.03 | 1.04 | 1.82 | 1.80 |
| EPS in Rs | 0.57 | 0.68 | 0.36 | 0.60 | 0.48 | 1.46 | 1.48 | 2.59 | 2.00 |
| Dividend Payout % | 0.00% | 29.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 32% | 27% | -45% | ||
| Compounded Profit Growth | % | 34% | 20% | -1% | ||
| Stock Price CAGR | % | 16% | 10% | -8% | ||
| Return on Equity | % | 7% | 7% | 7% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 9.01 |
| Reserves | 6.29 | 6.60 | 6.84 | 7.26 | 7.60 | 8.63 | 12.16 | 13.98 | 21.28 |
| Borrowings | 4.36 | 4.31 | 4.14 | 4.79 | 4.41 | 5.64 | 4.89 | 2.83 | 11.93 |
| Other Liabilities | 0.59 | 8.71 | 5.01 | 1.02 | 1.29 | 2.01 | 1.29 | 1.33 | 3.34 |
| Total Liabilities | 18.27 | 26.65 | 23.02 | 20.10 | 20.33 | 23.31 | 25.37 | 25.17 | 45.56 |
| Fixed Assets | 3.77 | 4.79 | 4.12 | 4.06 | 3.68 | 3.31 | 3.13 | 5.09 | 4.72 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.43 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 14.50 | 21.86 | 18.90 | 16.04 | 16.65 | 20.00 | 22.24 | 20.08 | 26.41 |
| Total Assets | 18.27 | 26.65 | 23.02 | 20.10 | 20.33 | 23.31 | 25.37 | 25.17 | 45.56 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -2.78 | 3.25 | -0.29 | 0.12 | 0.57 | -0.06 | -0.96 | 6.82 | -1.43 |
| Cash from Investing Activity | -5.82 | -2.68 | 0.64 | -0.09 | 0.23 | -0.63 | -0.41 | -2.23 | -14.78 |
| Cash from Financing Activity | 8.29 | -0.53 | -0.92 | 0.20 | -0.79 | 0.84 | 1.40 | -3.55 | 16.10 |
| Net Cash Flow | -0.31 | 0.04 | -0.57 | 0.23 | 0.02 | 0.15 | 0.04 | 1.03 | -0.12 |
| Free Cash Flow | -5.73 | 1.50 | -0.24 | -0.38 | 0.41 | -0.13 | -1.39 | 4.52 | -16.24 |
| CFO/OP | -182% | 232% | -9% | 35% | 68% | 15% | -28% | 164% | -28% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18.69 | 105.11 | 173.50 | 64.80 | 103.15 | 86.31 | 67.95 | 32.69 | 19.65 |
| Inventory Days | 133.18 | 81.91 | 231.29 | 247.26 | 354.81 | 172.03 | 124.01 | 31.59 | 119.79 |
| Days Payable | 8.41 | 45.16 | 164.61 | 23.23 | 34.89 | 23.70 | 7.63 | 1.50 | 15.38 |
| Cash Conversion Cycle | 143.47 | 141.86 | 240.18 | 288.83 | 423.07 | 234.64 | 184.33 | 62.79 | 124.07 |
| Working Capital Days | 111.05 | 81.74 | 164.64 | 171.10 | 246.89 | 151.98 | 129.63 | 50.73 | 96.45 |
| ROCE % | 6.40% | 5.34% | 4.91% | 4.35% | 8.92% | 7.93% | 16.69% | 8.57% |
| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 50.80% | 44.48% | 44.48% | 44.48% | 44.48% | 44.48% | 44.48% | 44.48% | 44.48% | 44.48% | 42.48% | 42.48% |
| Public | 49.20% | 55.52% | 55.52% | 55.52% | 55.52% | 55.52% | 55.52% | 55.52% | 55.52% | 55.52% | 57.52% | 57.52% |
| No. of Shareholders | 191 | 184 | 176 | 173 | 171 | 170 | 187 | 166 | 168 | 177 | 179 | 184 |
Fundamentals
Market Cap₹ 46.0 Cr.
Current Price₹ 51.0
Stock P/E25.6
Book Value₹ 33.6
ROCE8.57 %
ROE7.02 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-45%
Compounded Profit Growth (TTM)-1%
Consolidated figures.
Valuation
Market capRs 46 Cr
Enterprise valueRs 47 Cr
P/E (TTM)25.11x
Price to book2.18x
Price to sales0.44x
EV / EBITDA10.28x
EV / EBIT11.72x
EV / sales0.45x
Price to cash flow6.70x
Earnings yield3.98%
P/E, 3-year average28.24x
P/B, 3-year average1.84x
P/E, 5-year average40.42x
P/B, 5-year average1.73x
Profitability
Operating margin (excl. other income)4.25%
Operating margin (incl. other income)4.35%
EBITDA margin4.35%
Pre-tax margin2.37%
Net profit margin1.74%
ROE9.05%
ROCE16.69%
ROA7.20%
ROE, 3-year average7.27%
ROCE, 3-year average11.18%
ROA, 3-year average5.40%
ROE, 5-year average5.43%
ROCE, 5-year average8.56%
ROA, 5-year average3.97%
ROIC (approx.)13.23%
Tax rate26.61%
Other income / net worth0.52%
Growth
Sales growth (latest year)146.72%
Profit growth (latest year)75.00%
Sales CAGR, 3 years106.18%
Sales CAGR, 5 years50.47%
Profit CAGR, 3 years74.93%
Profit CAGR, 5 years48.74%
Per share
EPS (TTM)Rs 2.59
EPS (latest year)Rs 2.59
EPS, 3-year averageRs 1.84
EPS, 5-year averageRs 1.32
Book value per shareRs 29.88
Sales per shareRs 149.08
Cash flow per shareRs 9.70
Free cash flow per shareRs -23.09
Efficiency
Asset turnover4.16x
Fixed asset turnover20.60x
Inventory turnover11.95x
Inventory days31 days
Debtor days33 days
Debtors turnover11.16x
Creditor days15 days
Cash conversion cycle124 days
Working capital days96 days
Leverage
Total debtRs 3 Cr
Cash and bankRs 2 Cr
Net debtRs 1 Cr
Debt to equity0.13x
Net debt / EBITDA0.26x
Interest coverage2.63x
Owners' fund to total sources83.47%
Debt to assets11.24%
Cash flow
Cash from Operating Activity (latest year)Rs 7 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -16 Cr
FCFE (approx.: FCF + change in debt)Rs -18 Cr
Cash from ops / profit, 5 years0.82x
Sales to cash flow15.37x
Statement figures
Net sales (TTM)Rs 105 Cr
Net sales (latest year)Rs 105 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 96 Cr
Total expenditure (latest year)Rs 100 Cr
Total income (latest year)Rs 105 Cr
Share capitalRs 7 Cr
ReservesRs 14 Cr
Shareholders' fundsRs 21 Cr
Total assetsRs 25 Cr
Net blockRs 5 Cr
ReceivablesRs 9 Cr
InventoryRs 8 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)0.70
Ownership
Promoter holding42.48% (-2.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 25.1 is at the 1th percentile of its own 7.1-year range
(median 47.5, low 22.3, high 151.5).
P/B 2.18 is at the 66th percentile (median 1.91).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 540651 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +8.3% | -2.8% | +11.1 pts |
| 1 month | +0.1% | -6.8% | +6.9 pts |
| 3 years | +44.4% | +14.2% | +30.2 pts |
| 5 years | +132.1% | +27.9% | +104.2 pts |
Red flags
F-score 7 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹32 Cr +21.0% vs Mar 2024.
Net profit ₹1 Cr +77.9%.
Activity
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| Fujiyama Power Systems Ltd | 12,512 | 29.9 | 35.1 % |
| Genus Power Infrastructures Ltd | 8,934 | 13.7 | 25.3 % |
| Waaree Renewable Technologies Ltd | 8,574 | 16.8 | 85.0 % |
| Vikram Solar Ltd | 5,801 | 16.1 | 30.6 % |
| Ram Ratna Wires Ltd | 5,450 | 42.1 | 23.6 % |
| Saatvik Green Energy Ltd | 5,249 | 21.1 | 32.9 % |
| Shilchar Technologies Ltd | 4,613 | 33.5 | 50.7 % |
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Jigar Cables Ltd?
Jigar Cables Ltd (540651) has a market capitalisation of Rs 46.0 Cr. at the 2026-09-29 close.
What is the P/E ratio of Jigar Cables Ltd?
Jigar Cables Ltd trades at a P/E of 25.6 on trailing twelve-month profit, at the 2026-09-29 close.
What were Jigar Cables Ltd's latest quarterly results?
In the Mar 2026 quarter, Jigar Cables Ltd sales was Rs 32 Cr (+21.0% vs Mar 2024) and net profit was Rs 1 Cr.