JIGAR CABLES LTD

Rajkot, India Listed
Manufacturing of electric wires and cables in India.

About JIGAR CABLES LTD

JIGAR CABLES LTD is a publicly listed company based in Rajkot (India). It operates as a manufacturing of electric wires and cables in India. The company has 9 employees. Its Indian entity Jigar Cables Limited reported revenue of ₹105 Cr. JIGAR CABLES LTD offers products and services including Submersible Flat Cables and Flexible Cables. Its focus areas include Manufacturing, Industrial Supplies, Cables and Wires and Specialty Cables.

Company details

JIGAR CABLES LTD is recognized as a key manufacturer of electric wires and cables under the SIGMA brand, with operations established for over 25 years in the electrical sector. Advanced technology and a skilled workforce are utilized in production, while quality is maintained through ISO-9001:2015 certification and rigorous testing at every stage. Products such as submersible flat cables, flexible cables, and LT PVC cables are created to meet national and international standards, ensuring safety and customer specifications are addressed effectively.

  • Headquarters Rajkot, India
  • Employees 9
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Legal Name Jigar Cables Ltd.
Key Metrics
  • Market Cap
    ₹58.57 Cr

    JIGAR · BSE

  • Share Price
    ₹64.99

    0.00% today

  • Revenue
    ₹57.95 Cr

    FY 2025-26 · -44.9% YoY

  • EBITDA
    ₹3.34 Cr

    Margin 5.8%

  • Net Profit
    ₹1.80 Cr

    FY 2025-26 · -1.1% YoY

  • P/E (TTM)
    32.5x

    P/B 1.9x

  • ROE
    7.0%

    ROCE 8.5%

  • Debt / Equity
    0.29

    Interest cover 17.0x

  • Employee Count
    9

Products & Services of JIGAR CABLES LTD

JIGAR CABLES LTD offers a comprehensive portfolio of products and services, including Submersible Flat Cables and Flexible Cables.

Submersible Flat Cables
Cables

Submersible flat cables are manufactured for specialized electrical applications, with emphasis on safety and insulation.

Flexible Cables
Cables

Flexible cables are produced to provide reliable performance in various settings, adhering to required standards.

Board of directors of Jigar Cables Limited (JIGAR CABLES LTD)

Jigar Cables Limited is the primary company behind JIGAR CABLES LTD. The board of Jigar Cables Limited currently have 6 directors; the longest-serving is Parshottambhai Laljibhai Vaghasiya, appointed in 2017. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Parshottambhai Laljibhai Vaghasiya
DIN 07662195
Director07 Feb 20179 yrs 8 moJigar Cables Limited
Shardaben Nanajibhai Bhalala
DIN 08467162
Director30 May 20197 yrs 4 moJigar Cables Limited
Kantilal Gordhandas Lakhani
DIN 08682980
Director29 Sep 20206 yrsJigar Cables Limited
Sangita Niteshkumar Vaghasiya
DIN 06910845
Managing Director03 Dec 20205 yrs 10 moJigar Cables Limited
Ramnik Parsotambhai Vaghasiya
DIN 06965718
Whole-time director03 Dec 20205 yrs 10 moJigar Cables Limited
Shailesh Bhikhubhai Khatara
DIN 08980436
Director03 Dec 20205 yrs 10 moJigar Cables Limited

IPO & Listings of JIGAR CABLES LTD

JIGAR CABLES LTD is a publicly listed company on the BSE with ticker symbol JIGAR in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date28 Jul 2017
  • Listed onBSE: JIGAR
  • Listed entityJigar Cables Ltd.
  • Exchange sectorProducer manufacturing
  • ISININE943X01015
  • Share price₹64.99 (+8.41% on the day) · 2026-09-29
  • Volume (last session)6,000

Financials of JIGAR CABLES LTD

Exchange-reported figures of Jigar Cables Limited, the listed company behind JIGAR CABLES LTD (BSE: JIGAR).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹57.95 Cr
-44.9% YoY
EBITDA
₹3.34 Cr
-24.9% YoY
Profit After Tax
₹1.80 Cr
-1.1% YoY
Net Worth
₹30.29 Cr
+44.2% YoY
Total Assets
₹42.32 Cr
+76.8% YoY
Total Debt
₹11.93 Cr
+321.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue57.9510542.6428.4611.9714.4213.71
Revenue growth-44.9%+146.5%+49.8%+137.8%-17.0%+5.2%-
EBITDA3.344.451.992.131.050.731.16
EBITDA margin+5.8%+4.2%+4.7%+7.5%+8.8%+5.1%+8.5%
Profit before tax2.392.481.461.410.410.540.46
Net profit1.801.821.051.040.330.420.25
Net profit margin+3.1%+1.7%+2.5%+3.7%+2.8%+2.9%+1.8%
EPS (₹)2.002.591.481.460.480.600.35
Balance sheet
Total assets42.3223.9324.1521.3319.0719.1218.05
Net worth30.2921.0119.1915.6614.6314.2913.87
Total debt11.932.834.895.644.414.794.14
Cash & bank1.531.650.610.580.430.410.19
Net working capital22.6718.5520.5517.8312.2610.429.57
Cash flow
Cash from operations(1.43)6.82(0.96)(0.06)0.570.12(0.29)
Cash from investing(14.78)(2.23)(0.41)(0.63)0.23(0.09)0.64
Cash from financing16.10(3.55)1.400.84(0.79)0.20(0.92)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue56.6610341.5327.2611.1313.4712.12
Revenue growth-45.1%+148.4%+52.4%+144.9%-17.4%+11.1%-
EBITDA3.164.201.761.890.750.630.69
EBITDA margin+5.6%+4.1%+4.2%+6.9%+6.7%+4.7%+5.7%
Profit before tax2.302.391.421.350.420.470.39
Net profit1.721.751.020.980.330.350.20
Net profit margin+3.0%+1.7%+2.5%+3.6%+3.0%+2.6%+1.7%
EPS (₹)1.942.491.441.410.460.510.29
Balance sheet
Total assets41.9023.0723.2320.1017.9117.5916.73
Net worth29.8720.6518.8915.3914.4014.0713.71
Total debt11.922.344.284.683.493.482.98
Cash & bank1.471.600.560.530.390.290.15
Net working capital22.6018.0620.0717.1311.759.729.16
Cash flow
Cash from operations(2.00)6.59(1.42)0.000.710.31(0.46)
Cash from investing(14.73)(2.19)(0.37)(0.74)(0.30)(0.36)0.61
Cash from financing16.60(3.37)1.820.87(0.31)0.19(0.68)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue57.9510542.6428.4611.9714.4213.71
Revenue growth-44.9%+146.5%+49.8%+137.8%-17.0%+5.2%-
Other income0.240.110.220.130.300.730.44
Total expenses54.6110140.6526.3310.9213.6912.55
Employee cost1.111.160.810.620.420.370.26
EBITDA3.344.451.992.131.050.731.16
EBITDA margin+5.8%+4.2%+4.7%+7.5%+8.8%+5.1%+8.5%
Depreciation0.750.560.400.450.530.560.63
Interest0.441.520.350.400.410.360.51
Profit before tax2.392.481.461.410.410.540.46
Tax0.590.660.410.370.080.120.21
Net profit1.801.821.051.040.330.420.25
Net profit margin+3.1%+1.7%+2.5%+3.7%+2.8%+2.9%+1.8%
EPS (₹)2.002.591.481.460.480.600.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital9.017.037.037.037.037.037.03
Reserves & surplus21.2811.499.678.637.607.266.84
Shareholders' funds (net worth)30.2921.0119.1915.6614.6314.2913.87
Minority interest0.000.000.000.000.000.000.00
Secured loans11.932.833.895.643.554.063.53
Unsecured loans0.000.001.000.000.860.730.61
Total debt11.932.834.895.644.414.794.14
Total liabilities42.3223.9324.1521.3319.0719.1218.05
Assets
Gross block10.049.667.156.946.856.816.86
Net block4.725.093.133.323.684.054.11
Capital work in progress14.430.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories16.208.0012.5111.259.057.776.66
Sundry debtors3.129.397.916.733.382.536.46
Cash & bank balances1.531.650.610.580.430.410.19
Loans & advances5.060.760.751.250.660.691.21
Total current assets25.9119.8021.7819.8113.5211.4014.52
Total current liabilities3.241.251.231.981.260.984.95
Net working capital22.6718.5520.5517.8312.2610.429.57
Total assets42.3223.9324.1521.3319.0719.1218.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.650.610.580.430.410.190.76
Net cash from operating activities(1.43)6.82(0.96)(0.06)0.570.12(0.29)
Net cash from investing activities(14.78)(2.23)(0.41)(0.63)0.23(0.09)0.64
Net cash from financing activities16.10(3.55)1.400.84(0.79)0.20(0.92)
Net change in cash(0.12)1.030.040.150.020.23(0.57)
Closing cash1.531.650.610.580.430.410.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-44.9%+146.5%+49.8%+137.8%-17.0%+5.2%-
EBITDA growth-24.9%+123.6%-6.6%+102.9%+43.8%-37.1%-
PBT growth-3.6%+69.9%+3.6%+243.9%-24.1%+17.4%-28.1%
Net income growth-1.1%+73.3%+1.0%+215.2%-21.4%+68.0%-
Revenue CAGR (3Y)+26.8%+106.3%+43.5%+27.6%-17.8%-10.2%-
EBITDA CAGR (3Y)+16.2%+61.8%+39.7%+22.5%-9.4%-21.3%-
Profitability & leverage
Net income margin+3.1%+1.7%+2.5%+3.7%+2.8%+2.9%+1.8%
Return on capital employed+8.5%+16.6%+7.9%+8.9%+4.4%+4.9%+5.4%
Return on net worth+7.0%+9.1%+6.0%+6.8%+2.4%+3.0%+1.8%
Debt / equity0.290.190.300.330.320.320.31
Long-term debt / equity0.130.010.010.030.070.080.08
Interest cover16.9939.0722.0123.8178.85211.7696.23
Efficiency & per share
Fixed asset turnover5.8812.516.054.131.752.111.99
Inventory turnover4.7910.253.592.801.422.002.57
Debtors turnover9.2612.155.835.634.053.212.17
EPS (₹)2.002.591.481.460.480.600.35
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)33.6226.3523.7622.2720.8120.3319.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue56.6610341.5327.2611.1313.4712.12
Revenue growth-45.1%+148.4%+52.4%+144.9%-17.4%+11.1%-
Other income0.210.120.210.130.360.450.50
Total expenses53.5098.9539.7725.3710.3812.8411.43
Employee cost1.061.030.540.400.350.300.22
EBITDA3.164.201.761.890.750.630.69
EBITDA margin+5.6%+4.1%+4.2%+6.9%+6.7%+4.7%+5.7%
Depreciation0.650.460.290.320.370.390.43
Interest0.421.470.260.350.320.220.37
Profit before tax2.302.391.421.350.420.470.39
Tax0.580.640.400.350.090.120.19
Net profit1.721.751.020.980.330.350.20
Net profit margin+3.0%+1.7%+2.5%+3.6%+3.0%+2.6%+1.7%
EPS (₹)1.942.491.441.410.460.510.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital9.017.037.037.037.037.037.03
Reserves & surplus20.8611.139.378.367.377.046.68
Shareholders' funds (net worth)29.8720.6518.8915.3914.4014.0713.71
Secured loans10.972.243.214.433.143.172.79
Unsecured loans0.950.101.070.250.350.310.19
Total debt11.922.344.284.683.493.482.98
Total liabilities--23.2320.1017.9117.5916.73
Assets
Gross block7.327.014.524.334.244.204.32
Net block3.353.691.651.751.982.202.16
Capital work in progress14.430.000.000.000.000.000.00
Investments1.051.051.051.051.051.051.05
Inventories15.807.1211.1210.017.846.965.36
Sundry debtors3.129.387.916.493.442.534.67
Cash & bank balances1.471.600.560.530.390.290.15
Loans & advances5.411.071.361.771.120.763.39
Total current assets25.8019.1720.9518.8012.7910.5413.57
Total current liabilities3.201.110.881.671.040.824.41
Net working capital22.6018.0620.0717.1311.759.729.16
Total assets41.9023.0723.2320.1017.9117.5916.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.600.560.530.390.290.150.68
Net cash from operating activities(2.00)6.59(1.42)0.000.710.31(0.46)
Net cash from investing activities(14.73)(2.19)(0.37)(0.74)(0.30)(0.36)0.61
Net cash from financing activities16.60(3.37)1.820.87(0.31)0.19(0.68)
Net change in cash(0.13)1.030.040.130.100.14(0.53)
Closing cash1.471.600.560.530.390.290.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-45.1%+148.4%+52.4%+144.9%-17.4%+11.1%-
EBITDA growth-24.8%+138.6%-6.9%+152.0%+19.1%-8.7%-
PBT growth-3.8%+68.3%+5.2%+221.4%-10.6%+20.5%-29.1%
Net income growth-1.7%+71.6%+4.1%+197.0%-5.7%+75.0%-
Revenue CAGR (3Y)+27.6%+110.1%+45.6%+31.0%-18.0%-12.1%+113.2%
EBITDA CAGR (3Y)+18.7%+77.6%+40.8%+39.9%-7.3%-18.6%+79.2%
Profitability & leverage
Net income margin+3.0%+1.7%+2.5%+3.7%+3.0%+2.6%+1.7%
Return on capital employed+8.5%+16.7%+7.7%+8.9%+4.2%+4.1%+4.6%
Return on net worth+6.9%+8.9%+5.9%+6.7%+2.3%+2.6%+1.5%
Debt / equity0.280.170.260.270.250.230.22
Long-term debt / equity0.130.010.000.010.030.030.02
Interest cover16.7339.3017.6922.2984.2191.67142.31
Efficiency & per share
Fixed asset turnover7.9117.899.396.362.643.162.78
Inventory turnover4.9411.313.933.051.502.192.86
Debtors turnover9.0711.935.775.493.733.742.61
EPS (₹)1.942.491.441.410.460.510.29
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)33.1525.8223.3321.8920.4820.0119.50

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Frequently Asked Questions about JIGAR CABLES LTD

JIGAR CABLES LTD is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.

JIGAR CABLES LTD has 9 employees.

The primary company behind JIGAR CABLES LTD, Jigar Cables Limited, reported revenue of ₹105 Cr for FY 2025, up 146% year on year.

JIGAR CABLES LTD is recognized as a key manufacturer of electric wires and cables under the SIGMA brand, with operations established for over 25 years in the electrical sector. Advanced technology and a skilled workforce are utilized in production, while quality is maintained through ISO-9001:2015 certification and rigorous testing at every stage. Products such as submersible flat cables, flexible cables, and LT PVC cables are created to meet national and international standards, ensuring safety and customer specifications are addressed effectively.

JIGAR CABLES LTD offers Submersible Flat Cables and Flexible Cables.

Yes, JIGAR CABLES LTD is publicly traded on BSE under the ticker symbol JIGAR.

JIGAR CABLES LTD operates through Jigar Cables Limited.

The legal entities of JIGAR CABLES LTD currently have 8 directors, including Parshottambhai Laljibhai Vaghasiya, Shardaben Nanajibhai Bhalala, Kantilal Gordhandas Lakhani and others.

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