Jigar Cables logo

Jigar Cables share price

BSE: 540651Electrical Equipment

Jigar Cables Limited · Face value ₹10 · Listed Jul 2017

Last traded ₹64.99 on 29 Sep 2026

Latest announcements

Routine notices left out.

Share price history

Daily closes since Jul 2017, adjusted for splits and bonuses

0.0%over a year · Nifty 500 −4.0%

20-session average 5,000 shares a session, over sessions from 5 May 2026 to 29 Sep 2026

Results for the half year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

Revenue
₹32 Cr−26.9% on a year ago · +20.9% on the half year before
Net profit
₹1.21 Cr+30.8% on a year ago · +107.3% on the half year before
Earnings per share
₹1.35+1.5% on a year ago · +70.9% on the half year before
Net margin
3.8%

From revenue to net profit, ₹ crore

  1. Revenue32
  2. Other income+0.2
  3. Finance costs−0.2
  4. Profit before tax1.6
  5. Tax−0.4
  6. Net profit1.2

Jigar Cables results by half year

Consolidated: the company and its subsidiaries together. Latest half year to Mar 2026. Results for the half year to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by half year, ₹ crore

  • Revenue
  • Net profit
160.4Sep 23260.7Mar 24620.9Sep 24430.9Mar 25260.6Sep 25321.2Mar 26
Peak revenue ₹62 Cr, half year to Sep 2024; lowest ₹16 Cr, half year to Sep 2023

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
5.4%1.4%5.4%3.7%5.4%2.2%2.6%1.4%2.1%2.2%3.8%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26
₹ croreSep 2021Mar 2022Sep 2022Mar 2023Filed 23 MaySep 2023Mar 2024Sep 2024Mar 2025Sep 2025Filed 12 NovMar 2026Filed 21 May
Revenue from operations6.26.412.516.016.426.261.743.426.231.7
5.7–11.7–15.5–59.5–24.8–
Materials and goods bought4.95.110.713.214.023.155.237.222.227.2
Employee costs0.2–0.3–0.3–0.5–0.6–
Other expenses0.6–0.7–1.3–3.7–2.1–
Operating profit before depreciation0.5–0.8–0.9–2.3–1.4–
Operating margin7.7%–6.3%–5.4%–3.7%–5.4%–
Depreciation and amortisation0.3–0.2–0.2–0.2–0.5–
Other income0.20.10.10.10.00.20.00.10.10.2
Finance costs0.20.20.20.20.20.10.90.60.20.2
Profit before one-off items and tax0.20.20.41.00.51.01.21.30.81.6
Profit before tax0.20.20.41.00.51.01.21.30.81.6
0.00.10.10.30.10.30.30.40.20.4
Tax rate20.0%23.2%18.5%29.6%26.5%28.9%25.4%27.9%23.9%25.1%
Net profit0.20.20.30.70.40.70.90.90.61.2
Net margin2.7%2.6%2.6%4.4%2.2%2.6%1.4%2.1%2.2%3.8%
Earnings per share₹0.28₹0.28₹0.47₹0.99₹0.52–₹1.27₹1.33₹0.79₹1.35
Diluted earnings per share₹0.28₹0.28₹0.47₹0.99₹0.52–₹0.99₹1.04₹0.79₹1.35
Earnings per share in rupees, restated for later splits and bonuses.

9 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
200.4Mar 18220.53.7Mar 19140.23.5Mar 20140.44.1Mar 21130.34.4Mar 22281.05.6Mar 23431.04.9Mar 241051.82.8Mar 25581.812Mar 26
Peak revenue ₹105 Cr, year to Mar 2025; lowest ₹13 Cr, year to Mar 2022

Operating and net margin, per cent

  • Operating margin
  • Net margin
8.5%1.7%7.4%8.5%7.4%4.6%4.2%5.8%2.0%2.2%1.8%2.9%2.7%3.6%2.4%1.7%3.1%Mar 18Mar 20Mar 22Mar 24Mar 26

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

  1. Revenue58
  2. Materials and goods−49
  3. Employee costs−1.1
  4. Other expenses−4.1
  5. Operating profit3.3
  6. Depreciation−0.7
  7. Other income+0.2
  8. Finance costs−0.4
  9. Profit before tax2.4
  10. Tax−0.6
  11. Net profit1.8

What the company owns

  • Plant, investments and other assets₹25 Cr
  • Inventory₹16 Cr
  • Receivables₹3 Cr
  • Cash and bank₹2 Cr

What pays for it: net worth and liabilities

  • Net worth₹30 Cr
  • Borrowings₹12 Cr
  • Owed to suppliers₹2 Cr
  • Other liabilities₹1 Cr

Profit and loss

Consolidated, ₹ crore, years to March.

₹ croreMar 2018Mar 2019Mar 2020Mar 2021Filed 4 JunMar 2022Mar 2023Filed 23 MayMar 2024Mar 2025Mar 2026Filed 21 May
Revenue from operations2022141413284310558
18–––12264110155
Materials and goods bought161811111024379249
Employee costs0–––01111
Other expenses2–––12374
Operating profit before depreciation1–––12243
Operating margin7.4%–––8.5%7.4%4.6%4.2%5.8%
Materials, % of revenue80.7%–––79.1%83.9%86.8%87.9%85.2%
Employee costs, % of revenue2.5%–––3.8%2.2%1.9%1.1%1.9%
Other expenses, % of revenue9.4%–––8.6%6.5%6.6%6.7%7.1%
Depreciation and amortisation1–––10011
Operating profit after depreciation1–––12243
Other income000100000
Finance costs101000020
Profit before one-off items and tax010101122
One-off items0––––––––
Profit before tax010101122
000000011
Net profit000001122
Net margin2.0%2.2%1.8%2.9%2.7%3.6%2.4%1.7%3.1%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2019, Mar 2020 and Mar 2021: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Filed 4 JunMar 2022Mar 2023Filed 23 MayMar 2024Mar 2025Mar 2026Filed 21 May
13.613.914.314.615.719.221.030.3
Share capital7.07.07.07.07.0––9.0
Reserves6.66.87.37.68.6––21.3
3.73.54.14.45.64.92.811.9
11.68.24.35.07.46.13.69.1
1.40.91.50.70.30.10.66.2
Total assets26.723.020.120.323.325.425.245.6
9.58.58.76.83.53.65.419.7
17.214.511.413.519.821.819.825.9
Net debt2.93.33.64.05.14.31.210.4
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the year to Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March.

₹ croreMar 2021Filed 4 JunMar 2022Mar 2023Filed 23 MayMar 2024Mar 2025Mar 2026Filed 21 May
0.11.01.6−1.06.9−1.4
1.01.52.1−0.57.4−0.9
−0.50.1−0.2−2.72.5−4.5
Receivables3.9−0.9−3.3−1.2−1.86.3
Inventories−1.1−1.3−2.2−1.34.5−8.2
Payables−4.00.20.7−0.8−0.41.7
Other working capital0.72.14.70.50.2−4.2
Tax paid−0.1−0.2−0.4−0.4−0.4−0.5
Capital spending0.60.20.10.42.314.8
Free cash flow−0.50.91.5−1.44.6−16.2
−0.10.2−0.6−0.4−2.3−14.8
0.2−1.2−0.81.4−3.616.1
Dividends paid0.00.00.00.00.00.0
Shares issued0.00.00.00.00.07.5
Net change in cash0.20.00.10.01.0−0.1
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2018, Mar 2019 and Mar 2020.

Per share

Consolidated, ₹ per share, years to March.

₹ per shareMar 2018Mar 2019Mar 2020Mar 2021Filed 4 JunMar 2022Mar 2023Filed 23 MayMar 2024Mar 2025Mar 2026Filed 21 May
Earnings per share₹0.63₹0.68₹0.35₹0.60₹0.48₹1.46₹1.48₹2.59₹2.20
Diluted earnings per share₹0.63₹0.68₹0.35₹0.60₹0.48₹1.46₹1.16₹2.02₹2.17
Dividend per share–₹0.20–––––––
Book value per share–₹19.38₹19.73₹20.33₹20.81₹22.27₹27.30₹29.89₹33.62
Dividend payout–29.6%–––––––
Shareholder yield–––0.0%0.0%0.0%0.0%0.0%−13.8%
Market cap at the year end (₹ crore)26.027.710.525.019.718.845.740.954.1

Ratios

Consolidated, years to March.

RatioMar 2018Mar 2019Mar 2020Mar 2021Filed 4 JunMar 2022Mar 2023Filed 23 MayMar 2024Mar 2025Mar 2026Filed 21 May
Revenue growth–8.1%−36.3%5.2%−12.3%124.9%49.8%146.5%−44.9%
Operating profit growth–––––97.4%−6.6%125.1%−24.9%
Net profit growth–19.7%−48.4%71.0%−19.2%203.0%1.7%74.5%−1.2%
Earnings per share growth–7.9%−48.5%71.4%−20.0%204.2%1.4%75.0%−15.1%
–3.5%1.8%3.0%2.3%6.8%6.0%9.1%7.0%
––−1.7 pts1.2 pts−0.6 pts4.4 pts−0.8 pts3.1 pts−2.0 pts
From the net margin––−0.7 pts1.1 pts−0.2 pts0.8 pts−2.2 pts−1.8 pts7.2 pts
From asset turnover––−0.9 pts0.6 pts−0.2 pts3.4 pts1.6 pts5.8 pts−9.8 pts
From borrowing––−0.1 pts−0.5 pts−0.2 pts0.2 pts−0.2 pts−1.0 pts0.6 pts
Return on capital employed––––2.9%7.8%6.6%16.3%6.1%
Cash conversion–––28.3%303.4%156.3%−91.5%379.3%−79.5%
Interest cover1.7–––1.34.24.62.65.9
Debt to equity–0.270.250.280.300.360.260.130.39
Receivable days–105172649886683320
Inventory days–8223124733017212332120
Payable days–––––––215
Cash conversion cycle, days–––––––63124
Working capital days–12123323534122117159133
Asset turnover–0.810.550.670.631.301.754.161.64
Assets per rupee of net worth–1.961.811.531.401.441.401.261.38
Sales per rupee of plant–4.493.333.563.448.5913.6220.6612.27
Capital spending to depreciation––––0.310.231.094.1319.81
No balance sheet is on record for the year to Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year
5.1%
Cash from operations against operating profit
−42.8%
Measure10 years5 years3 years
Revenue growth, yearly rate–32.1%26.8%
Profit growth, yearly rate–33.8%20.6%
Return on equity, average–6.2%7.4%
Return on capital employed, average–7.9%9.7%
Operating margin, average–6.1%4.9%
Net margin, average2.5%2.7%2.4%
Asset turnover, average–1.902.52
Cash conversion cycle, days, average––93
Interest cover, average–3.74.3
Debt to equity, average–0.290.26

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore5 years3 yearsLatest year
Cash from operations7.24.5−1.4
Cash from investing−17.9−17.5−14.8
Cash from financing11.913.916.1
Capital spending17.817.514.8
Dividends paid0.00.00.0
Shares issued for cash7.57.57.5
Borrowings raised9.69.69.1
Borrowings repaid4.53.30.0

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Receivables growth less revenue growthOur threshold 0 percentage points––41.06−66.0646.16−25.89−32.36−127.79−21.88
Inventory growth less cost-of-goods growthOur threshold 0 percentage points––107.657.5729.24−114.33−43.90−185.68149.17
Other current assets growth less revenue growthOur threshold 5 per cent of revenue––−36.79−3.55−0.332.11−1.180.017.42
Effective tax ratePublished threshold 17.16 per cent16.7727.7245.9423.2121.6126.3728.0926.7024.71
Tax charged less tax paid, % of profitOur threshold 10 percentage points––––−13.98−0.65−0.238.663.36
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2026 the company reports one business segment, MANUFACTURING OF WIRES AND CABLES, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+3.1%−22.9%+33.7%0.0%
3 years+30.8%+11.0%+17.8%0.0%
5 years+11.1%+27.4%−12.8%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns Jigar Cables, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2026; the latest is the filing of 30 Sep 2026.

30 Sep 2026 filing

  • Promoters42.48%
  • Individuals and others57.52%
Per centSep 202630 Sep
42.48%
Indian promoters42.48%
57.52%
Shares in issue90,12,000
Shares locked in7,00,000
Promoters' shares locked in7,00,000
A dash is a line the filing did not state.

Number of Jigar Cables shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

187Sep 26
ShareholdersSep 202630 Sep
All shareholders187
6
Indian promoters6
181
A dash is a line the filing did not state.

Jigar Cables promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing of 30 Sep 2026; the largest is NITESH PARSHOTTAMBHAI VAGHASIYA, 18.64%. The filing names 5 more members with no shares.

Holder
NITESH PARSHOTTAMBHAI VAGHASIYAIndividuals and Hindu undivided families18.64%16,80,0000.00%
RAMNIK PARSOTAMBHAI VAGHASIYAIndividuals and Hindu undivided families11.26%10,15,00068.97%
NITESH P VAGHASIYA (HUF)Individuals and Hindu undivided families8.21%7,40,0000.00%
ARVINDBHAI PARSHOTAMBHAI VAGHASIYAIndividuals and Hindu undivided families3.77%3,40,0000.00%
PARSHOTTAMBHAI LALJIBHAI VAGHASIYAIndividuals and Hindu undivided families0.57%51,0000.00%
JAYABEN PARSHOTAMBHAI VAGHASIYAIndividuals and Hindu undivided families0.02%2,0000.00%
No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.

Largest public holders of Jigar Cables, filing by filing

Per cent, on the same shares as the split above.

HolderSep 202630 Sep
PANKAJ VASANTBHAI SHINGALAResident individuals, over ₹2 lakh at face value9.54%
SANGEETABEN NITESHBHAI VAGHASIYADirectors and their relatives8.59%
PRAVINKUMAR HARDASBHAI SHINGALAResident individuals, over ₹2 lakh at face value6.39%
BHUMIBEN RAMNIKBHAI VAGHASIYADirectors and their relatives5.86%
JAYESHKUMAR BHIKHUBHAI PATELDirectors and their relatives2.25%
NITABEN PRAVINBHAI SHINGALAResident individuals, over ₹2 lakh at face value2.14%
M/S. SUKROM TECHNOLOGIES PRIVATE LIMITEDCompanies2.00%
KALPESH CHANDULAL SOJITRAResident individuals, over ₹2 lakh at face value1.46%
CHANDULAL RAGHAVJIBHAI PATELResident individuals, over ₹2 lakh at face value1.24%
NARANBHAI LALJIBHAI VAGHASIYARelatives of promoters1.07%
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Jigar Cables dividend calendar

Each payment in the month it went ex, as declared, ₹ a share at the time. Years running counted to the year to Mar 2026.

Dividends by the month each went ex
YearJanFebMarAprMayJunJulAugSepOctNovDecIn the year
2019₹0.20₹0.20

Interim or final dividendSpecial dividendNone that month

Dividends by year

The share of each year's profit paid out, for the year it was paid for.

Share of profit paid out, %, where the year's results are on record

Mar 1830Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Highest 30% of profit, year to Mar 2019.

Jigar Cables dividend history

Every payment with its ex-date and record date, year by year.

2019

  • Sep19Thu

    ₹0.20Final

    Ex-date 19 Sep 2019 · books closed to 28 Sep 2019

    0.62%of the price

Grouped by the calendar year each went ex, so a year's total here can differ from the year it was paid for above. Of the price is the dividend as a share of the close on the session before its ex-date. A book closure is the run of days the company's register is frozen to settle who is paid; a record date is the one-day form of it.

Jigar Cables share price by year

Each calendar year to 2025.

YearClose at year endChangeHighest closeLowest close
202565.00−4.3%84.2549.64
202467.90+50.9%95.1045.00
202345.00+87.5%52.0021.00
202224.00−11.1%29.0023.00
202127.00+34.7%39.9020.00
202020.05−28.4%31.0015.00
201928.00−23.9%45.0026.00
201836.80−24.1%49.7530.00
201748.50–52.4036.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 17 Jan 2025. 2022 is from its first session, 18 Jan 2022. 2017 is from its first session, 28 Jul 2017. The close is the year's last trade for 2025 (20 Nov 2025), 2024 (13 Dec 2024), 2022 (15 Dec 2022) and 2021 (10 Dec 2021).

Recent sessions

The 10 trading days to 29 Sep 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
29 Sep 202651.0564.9951.0564.9960.116,000
11 Sep 202654.5059.9554.5059.9558.136,000
4 Sep 202652.4560.9552.4560.9058.558,000
3 Sep 202651.0561.6551.0555.0057.7210,000
27 Aug 202657.7757.7757.7757.7757.772,000
10 Aug 202660.0060.0060.0060.0060.002,000
3 Aug 202660.6069.9960.6062.7165.2610,000
30 Jul 202655.5566.9555.5566.9561.166,000
27 Jul 202661.0065.0061.0065.0063.666,000
30 Jun 202654.5071.9554.5071.9565.156,000
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
540651
ISIN
INE943X01015
Industry
Electrical Equipment
CIN
L28999GJ2017PLC095651
Corporate identity number, the registrar of companies' code for it
Incorporated
2017
Registered office
Plot No.164/14 & 15, Jamwadi,, G.I.D.C Gondal, Rajkot 360311, Gujarat
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments