Jigar Cables Ltd
- Market Cap ₹ 56.8 Cr.
- Current Price ₹ 80.7
- High / Low ₹ 80.7 / 33.8
- Stock P/E 54.6
- Book Value ₹ 27.3
- Dividend Yield 0.00 %
- ROCE 8.45 %
- ROE 6.64 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 82.5 to 57.6 days.
- Company's working capital requirements have reduced from 244 days to 148 days
Cons
- Stock is trading at 2.96 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.28% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cables Industry: Cables - Power
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
19.72 | 21.39 | 13.59 | 14.25 | 11.96 | 28.35 | 42.64 | |
18.23 | 19.98 | 12.44 | 13.51 | 10.90 | 26.21 | 40.66 | |
Operating Profit | 1.49 | 1.41 | 1.15 | 0.74 | 1.06 | 2.14 | 1.98 |
OPM % | 7.56% | 6.59% | 8.46% | 5.19% | 8.86% | 7.55% | 4.64% |
0.09 | 0.48 | 0.45 | 0.73 | 0.30 | 0.13 | 0.22 | |
Interest | 0.56 | 0.50 | 0.51 | 0.36 | 0.41 | 0.42 | 0.35 |
Depreciation | 0.54 | 0.73 | 0.63 | 0.56 | 0.53 | 0.45 | 0.40 |
Profit before tax | 0.48 | 0.66 | 0.46 | 0.55 | 0.42 | 1.40 | 1.45 |
Tax % | 16.67% | 27.27% | 45.65% | 21.82% | 19.05% | 26.43% | 28.28% |
0.40 | 0.48 | 0.25 | 0.42 | 0.34 | 1.03 | 1.04 | |
EPS in Rs | 0.57 | 0.68 | 0.36 | 0.60 | 0.48 | 1.46 | 1.48 |
Dividend Payout % | 0.00% | 29.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 44% |
TTM: | 50% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 35% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 31% |
1 Year: | 102% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 |
Reserves | 6.29 | 6.60 | 6.84 | 7.26 | 7.60 | 8.63 | 12.17 |
4.36 | 4.31 | 4.14 | 4.79 | 4.41 | 5.64 | 4.89 | |
0.59 | 8.71 | 5.01 | 1.02 | 1.29 | 2.01 | 1.29 | |
Total Liabilities | 18.27 | 26.65 | 23.02 | 20.10 | 20.33 | 23.31 | 25.38 |
3.77 | 4.79 | 4.12 | 4.06 | 3.68 | 3.31 | 3.13 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
14.50 | 21.86 | 18.90 | 16.04 | 16.65 | 20.00 | 22.25 | |
Total Assets | 18.27 | 26.65 | 23.02 | 20.10 | 20.33 | 23.31 | 25.38 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-2.78 | 3.25 | -0.29 | 1.57 | 0.57 | -0.06 | -0.96 | |
-5.82 | -2.68 | 0.64 | -1.54 | 0.23 | -0.63 | -0.41 | |
8.29 | -0.53 | -0.92 | 0.20 | -0.79 | 0.84 | 1.40 | |
Net Cash Flow | -0.31 | 0.04 | -0.57 | 0.23 | 0.02 | 0.15 | 0.04 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 18.69 | 105.11 | 173.50 | 64.80 | 103.15 | 86.65 | |
Inventory Days | 133.18 | 81.91 | 231.29 | 247.26 | 354.81 | 173.33 | |
Days Payable | 8.41 | 45.16 | 164.61 | 23.23 | 34.89 | 23.88 | |
Cash Conversion Cycle | 143.47 | 141.86 | 240.18 | 288.83 | 423.07 | 236.10 | |
Working Capital Days | 160.29 | 121.50 | 235.01 | 256.40 | 361.03 | 222.09 | |
ROCE % | 6.40% | 5.34% | 4.91% | 4.35% | 8.92% |
Documents
Announcements
-
Clarification sought from Jigar Cables Ltd
24h - Exchange has sought clarification from Jigar Cables Ltd on July 22, 2024 with reference to significant movement in price, in order to ensure that investors …
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jul
- Appointment of Company Secretary and Compliance Officer 13 Jun
- Board Meeting Outcome for Outcome Of BM - Appointment Of Company Secretary & Compliance Officer 13 Jun
- Intimation Of Compliance Officer 25 May
Business Overview:[1][2]
Company is a manufacturer of SIGMA
brand electric wires & cables in India and
is also carrying out trading of solar panel
and equipment as non-strategic activity.
JCL has a Wholly Owned Subsidiary Company under the name of Jigar Polymers Limited, for the manufacturing of PVC and XLPE for backward integration of all major raw materials required in the manufacturing of its products.