Jigar Cables (BSE 540651)₹64.99+8.41%Other Electrical Equipment
In the Mar 2026 quarter (consolidated), Jigar Cables reported sales of ₹31.63 Cr, down 26.8% from Mar 2025, and net profit of ₹1.20 Cr, up 30.4% year on year. For the year to Mar 2026, sales were ₹57.79 Cr and net profit ₹1.79 Cr.
Company filings, consolidated accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 15.92 | 16.36 | 26.14 | 61.49 | 43.22 | 26.16 | 31.63 |
| Expenses | 14.58 | 15.49 | 25.01 | 59.24 | 41.07 | 24.72 | 29.69 |
| Operating Profit | 1.32 | 0.86 | 1.09 | 2.26 | 2.18 | 1.41 | 1.91 |
| OPM % | 8.3% | 5.3% | 4.2% | 3.7% | 5.0% | 5.4% | 6.0% |
| Other Income | 0.05 | 0.01 | 0.19 | 0.00 | 0.09 | 0.05 | 0.17 |
| Interest | 0.16 | 0.19 | 0.13 | 0.89 | 0.62 | 0.18 | 0.24 |
| Depreciation | 0.24 | 0.21 | 0.21 | 0.19 | 0.39 | 0.53 | 0.24 |
| Profit before tax | 1.00 | 0.50 | 0.97 | 1.21 | 1.29 | 0.78 | 1.63 |
| Tax % | 29.2% | 26.5% | 28.1% | 25.0% | 28.1% | 24.6% | 25.3% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.69 | 0.35 | 0.67 | 0.88 | 0.92 | 0.58 | 1.20 |
| EPS (Rs) | 0.99 | 0.50 | 0.96 | 1.26 | 1.31 | 0.64 | 1.33 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 19.68 | 21.34 | 13.54 | 14.22 | 11.92 | 28.40 | 42.36 | 104 | 57.79 |
| Expenses | 18.17 | 19.92 | 12.40 | 13.47 | 10.87 | 26.25 | 40.34 | 100 | 54.40 |
| Operating Profit | 1.48 | 1.40 | 1.14 | 0.73 | 1.05 | 2.11 | 1.97 | 4.43 | 3.33 |
| OPM % | 7.5% | 6.6% | 8.4% | 5.2% | 8.8% | 7.4% | 4.6% | 4.2% | 5.8% |
| Other Income | 0.08 | 0.47 | 0.44 | 0.72 | 0.29 | 0.12 | 0.21 | 0.10 | 0.23 |
| Interest | 0.55 | 0.49 | 0.50 | 0.35 | 0.40 | 0.39 | 0.34 | 1.51 | 0.43 |
| Depreciation | 0.55 | 0.74 | 0.64 | 0.57 | 0.54 | 0.46 | 0.41 | 0.57 | 0.76 |
| Profit before tax | 0.49 | 0.67 | 0.47 | 0.56 | 0.43 | 1.41 | 1.46 | 2.49 | 2.40 |
| Tax % | 16.6% | 27.3% | 45.6% | 21.8% | 19.0% | 26.4% | 28.3% | 26.6% | 24.6% |
| Exceptional items | −0.02 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.39 | 0.47 | 0.24 | 0.41 | 0.33 | 1.02 | 1.03 | 1.81 | 1.79 |
| EPS (Rs) | 0.56 | 0.67 | 0.35 | 0.59 | 0.47 | 1.45 | 1.47 | 2.58 | 1.99 |
| Dividend payout % | 0.0% | 29.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.04 | 7.04 | 7.04 | 7.04 | 7.04 | 7.05 | 7.05 | 7.04 | 9.02 |
| Reserves | 6.29 | 6.61 | 6.84 | 7.27 | 7.61 | 8.64 | 12.18 | 13.99 | 21.30 |
| Borrowings | 4.36 | 4.32 | 4.14 | 4.80 | 4.42 | 5.65 | 4.90 | 2.82 | 11.94 |
| Other Liabilities | 0.60 | 8.74 | 5.03 | 1.03 | 1.30 | 2.02 | 1.30 | 1.35 | 3.37 |
| Total Liabilities | 18.29 | 26.71 | 23.05 | 20.14 | 20.37 | 23.36 | 25.43 | 25.20 | 45.63 |
| Fixed Assets | 3.76 | 4.78 | 4.11 | 4.05 | 3.67 | 3.30 | 3.12 | 5.08 | 4.71 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.46 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 14.53 | 21.93 | 18.94 | 16.09 | 16.70 | 20.06 | 22.31 | 20.12 | 26.46 |
| Inventories | 5.88 | 4.00 | 6.68 | 7.80 | 9.08 | 11.28 | 12.55 | 8.03 | 16.25 |
| Trade receivables | 1.02 | 6.17 | 6.45 | 2.54 | 3.39 | 6.72 | 7.92 | 9.38 | 3.13 |
| Cash & equivalents | 0.71 | 0.75 | 0.18 | 0.40 | 0.42 | 0.57 | 0.60 | 1.63 | 1.52 |
| Total Assets | 18.29 | 26.71 | 23.05 | 20.14 | 20.37 | 23.36 | 25.43 | 25.20 | 45.63 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −2.77 | 3.24 | −0.28 | 0.11 | 0.56 | −0.05 | −0.95 | 6.88 | −1.42 |
| Cash from investing activity | −5.83 | −2.69 | 0.65 | −0.10 | 0.24 | −0.64 | −0.42 | −2.34 | −14.79 |
| Cash from financing activity | 8.26 | −0.52 | −0.91 | 0.19 | −0.78 | 0.83 | 1.39 | −3.54 | 16.04 |
| Net cash flow | −0.30 | 0.03 | −0.56 | 0.22 | 0.01 | 0.14 | 0.03 | 1.02 | −0.11 |
| Capex | 2.96 | 1.75 | 0.00 | 0.61 | 0.16 | 0.10 | 0.42 | 2.29 | 14.79 |
| Free cash flow | −5.74 | 1.51 | −0.25 | −0.39 | 0.42 | −0.14 | −1.40 | 4.62 | −16.25 |
| CFO / OP % | −182.1% | 231.9% | −9.1% | 34.9% | 68.0% | 14.9% | −28.1% | 165.0% | −28.1% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 20 | 106 | 174 | 66 | 104 | 87 | 69 | 34 | 21 |
| Inventory days | 133 | 82 | 231 | 247 | 355 | 172 | 124 | 32 | 120 |
| Days payable | 8 | 45 | 165 | 23 | 35 | 24 | 8 | 2 | 15 |
| Cash conversion cycle | 143 | 142 | 240 | 289 | 423 | 235 | 184 | 63 | 124 |
| Working capital days | 112 | 83 | 166 | 172 | 248 | 153 | 131 | 52 | 97 |
| ROCE % | — | 6.4% | 5.3% | 4.9% | 4.4% | 8.9% | 7.9% | 16.7% | 8.6% |
For the Mar 2026 quarter, Jigar Cables reported sales of ₹31.63 Cr, down 26.8% year on year and net profit of ₹1.20 Cr, up 30.4% year on year. The operating margin was 6.0%.
Jigar Cables' sales for the year to Mar 2026 were ₹57.79 Cr.
Net profit for the year to Mar 2026 was ₹1.79 Cr. Earnings per share over the same trailing period were ₹1.99.
Jigar Cables reported borrowings of ₹11.94 Cr at Mar 2026, against cash and equivalents of ₹1.52 Cr.
Cash from operations was −₹1.42 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹16.25 Cr.