MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-20-0004321
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
About Jigar Cables Limited
Data last updated:
Jigar Cables Limited is a public limited company based in Gondal, Gujarat, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 07 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L28999GJ2017PLC095651. Its GSTIN is 24AADCJ8955B1ZM (Gujarat). Its shares are listed on BSE: 540651.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹9.01 Cr. It is led by directors including Sangita Niteshkumar Vaghasiya (Managing Director) and Ramnik Parsotambhai Vaghasiya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.164/14 & 15 Jamwadi G.I.D.C, Gondal, Gujarat, India – 360311.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹57.95 Cr, a decline of 44.9% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 3.1%) and EBITDA of ₹3.34 Cr (EBITDA margin 5.8%). The net worth stands at ₹30.29 Cr (up 44.2% YoY). Total assets are valued at ₹42.32 Cr (up 76.8% YoY).
The company has about 9 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Jigar Cables Ltd. As per MCA filings, the company has open charges of ₹24.23 Cr and satisfied charges of ₹23.73 Cr on record. The company has 6 deals on record (5 market trades, 1 ipo); the latest was in December 2023. Its 10 peer companies in the Manufacturing industry (Cables and Wires) are compared by revenue, 5 larger and 5 smaller; the largest is Noida Aluminium Company Private Limited with revenue of ₹106.51 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 23 overdue payments to 18 micro and small suppliers.
Jigar Cables Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0004321). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sigmacab.com.
Company Details of Jigar Cables Limited
CIN L28999GJ2017PLC095651
Registration Number 095651
Incorporation Date 07 February 2017
ROC Ahmedabad
Listing Status Listed (BSE: 540651)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-20-0004321
CIN History of Jigar Cables Limited
Jigar Cables has one previous CIN (Corporate Identification Number): U28999GJ2017PLC095651. The current CIN is L28999GJ2017PLC095651, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L28999GJ2017PLC095651 | Current |
| U28999GJ2017PLC095651 | Previous |
Key People
Sangita Niteshkumar Vaghasiya Managing Director Ramnik Parsotambhai Vaghasiya Whole-Time Director Parshottambhai Laljibhai Vaghasiya Director Recognitions & Rankings of Jigar Cables
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.164/14 & 15 Jamwadi G.I.D.C, Gondal, Gujarat, India – 360311
- IndustryManufacturing, Cable & Wire
Comprehensive company report
Jigar Cables Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
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Associated Brands with Jigar Cables Limited
Jigar Cables operates one associated brand: JIGAR CABLES LTD. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electric wires and cables in India. | sigmacab.com |
Business Activity of Jigar Cables Limited
The main business activity of Jigar Cables is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Jigar Cables Limited FY 2025-26 filings available
Jigar Cables Limited reported revenue of ₹57.95 Cr (down 44.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 57.95 | 105 | 42.64 | 28.46 | 11.97 | 14.42 | 13.71 |
| Revenue growth | -44.9% | +146.5% | +49.8% | +137.8% | -17.0% | +5.2% | - |
| EBITDA | 3.34 | 4.45 | 1.99 | 2.13 | 1.05 | 0.73 | 1.16 |
| EBITDA margin | +5.8% | +4.2% | +4.7% | +7.5% | +8.8% | +5.1% | +8.5% |
| Profit before tax | 2.39 | 2.48 | 1.46 | 1.41 | 0.41 | 0.54 | 0.46 |
| Net profit | 1.80 | 1.82 | 1.05 | 1.04 | 0.33 | 0.42 | 0.25 |
| Net profit margin | +3.1% | +1.7% | +2.5% | +3.7% | +2.8% | +2.9% | +1.8% |
| EPS (₹) | 2.00 | 2.59 | 1.48 | 1.46 | 0.48 | 0.60 | 0.35 |
| Balance sheet | |||||||
| Total assets | 42.32 | 23.93 | 24.15 | 21.33 | 19.07 | 19.12 | 18.05 |
| Net worth | 30.29 | 21.01 | 19.19 | 15.66 | 14.63 | 14.29 | 13.87 |
| Total debt | 11.93 | 2.83 | 4.89 | 5.64 | 4.41 | 4.79 | 4.14 |
| Cash & bank | 1.53 | 1.65 | 0.61 | 0.58 | 0.43 | 0.41 | 0.19 |
| Net working capital | 22.67 | 18.55 | 20.55 | 17.83 | 12.26 | 10.42 | 9.57 |
| Cash flow | |||||||
| Cash from operations | (1.43) | 6.82 | (0.96) | (0.06) | 0.57 | 0.12 | (0.29) |
| Cash from investing | (14.78) | (2.23) | (0.41) | (0.63) | 0.23 | (0.09) | 0.64 |
| Cash from financing | 16.10 | (3.55) | 1.40 | 0.84 | (0.79) | 0.20 | (0.92) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 56.66 | 103 | 41.53 | 27.26 | 11.13 | 13.47 | 12.12 |
| Revenue growth | -45.1% | +148.4% | +52.4% | +144.9% | -17.4% | +11.1% | - |
| EBITDA | 3.16 | 4.20 | 1.76 | 1.89 | 0.75 | 0.63 | 0.69 |
| EBITDA margin | +5.6% | +4.1% | +4.2% | +6.9% | +6.7% | +4.7% | +5.7% |
| Profit before tax | 2.30 | 2.39 | 1.42 | 1.35 | 0.42 | 0.47 | 0.39 |
| Net profit | 1.72 | 1.75 | 1.02 | 0.98 | 0.33 | 0.35 | 0.20 |
| Net profit margin | +3.0% | +1.7% | +2.5% | +3.6% | +3.0% | +2.6% | +1.7% |
| EPS (₹) | 1.94 | 2.49 | 1.44 | 1.41 | 0.46 | 0.51 | 0.29 |
| Balance sheet | |||||||
| Total assets | 41.90 | 23.07 | 23.23 | 20.10 | 17.91 | 17.59 | 16.73 |
| Net worth | 29.87 | 20.65 | 18.89 | 15.39 | 14.40 | 14.07 | 13.71 |
| Total debt | 11.92 | 2.34 | 4.28 | 4.68 | 3.49 | 3.48 | 2.98 |
| Cash & bank | 1.47 | 1.60 | 0.56 | 0.53 | 0.39 | 0.29 | 0.15 |
| Net working capital | 22.60 | 18.06 | 20.07 | 17.13 | 11.75 | 9.72 | 9.16 |
| Cash flow | |||||||
| Cash from operations | (2.00) | 6.59 | (1.42) | 0.00 | 0.71 | 0.31 | (0.46) |
| Cash from investing | (14.73) | (2.19) | (0.37) | (0.74) | (0.30) | (0.36) | 0.61 |
| Cash from financing | 16.60 | (3.37) | 1.82 | 0.87 | (0.31) | 0.19 | (0.68) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 57.95 | 105 | 42.64 | 28.46 | 11.97 | 14.42 | 13.71 |
| Revenue growth | -44.9% | +146.5% | +49.8% | +137.8% | -17.0% | +5.2% | - |
| Other income | 0.24 | 0.11 | 0.22 | 0.13 | 0.30 | 0.73 | 0.44 |
| Total expenses | 54.61 | 101 | 40.65 | 26.33 | 10.92 | 13.69 | 12.55 |
| Employee cost | 1.11 | 1.16 | 0.81 | 0.62 | 0.42 | 0.37 | 0.26 |
| EBITDA | 3.34 | 4.45 | 1.99 | 2.13 | 1.05 | 0.73 | 1.16 |
| EBITDA margin | +5.8% | +4.2% | +4.7% | +7.5% | +8.8% | +5.1% | +8.5% |
| Depreciation | 0.75 | 0.56 | 0.40 | 0.45 | 0.53 | 0.56 | 0.63 |
| Interest | 0.44 | 1.52 | 0.35 | 0.40 | 0.41 | 0.36 | 0.51 |
| Profit before tax | 2.39 | 2.48 | 1.46 | 1.41 | 0.41 | 0.54 | 0.46 |
| Tax | 0.59 | 0.66 | 0.41 | 0.37 | 0.08 | 0.12 | 0.21 |
| Net profit | 1.80 | 1.82 | 1.05 | 1.04 | 0.33 | 0.42 | 0.25 |
| Net profit margin | +3.1% | +1.7% | +2.5% | +3.7% | +2.8% | +2.9% | +1.8% |
| EPS (₹) | 2.00 | 2.59 | 1.48 | 1.46 | 0.48 | 0.60 | 0.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.01 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 |
| Reserves & surplus | 21.28 | 11.49 | 9.67 | 8.63 | 7.60 | 7.26 | 6.84 |
| Shareholders' funds (net worth) | 30.29 | 21.01 | 19.19 | 15.66 | 14.63 | 14.29 | 13.87 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 11.93 | 2.83 | 3.89 | 5.64 | 3.55 | 4.06 | 3.53 |
| Unsecured loans | 0.00 | 0.00 | 1.00 | 0.00 | 0.86 | 0.73 | 0.61 |
| Total debt | 11.93 | 2.83 | 4.89 | 5.64 | 4.41 | 4.79 | 4.14 |
| Total liabilities | 42.32 | 23.93 | 24.15 | 21.33 | 19.07 | 19.12 | 18.05 |
| Assets | |||||||
| Gross block | 10.04 | 9.66 | 7.15 | 6.94 | 6.85 | 6.81 | 6.86 |
| Net block | 4.72 | 5.09 | 3.13 | 3.32 | 3.68 | 4.05 | 4.11 |
| Capital work in progress | 14.43 | 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 |
| Inventories | 16.20 | 8.00 | 12.51 | 11.25 | 9.05 | 7.77 | 6.66 |
| Sundry debtors | 3.12 | 9.39 | 7.91 | 6.73 | 3.38 | 2.53 | 6.46 |
| Cash & bank balances | 1.53 | 1.65 | 0.61 | 0.58 | 0.43 | 0.41 | 0.19 |
| Loans & advances | 5.06 | 0.76 | 0.75 | 1.25 | 0.66 | 0.69 | 1.21 |
| Total current assets | 25.91 | 19.80 | 21.78 | 19.81 | 13.52 | 11.40 | 14.52 |
| Total current liabilities | 3.24 | 1.25 | 1.23 | 1.98 | 1.26 | 0.98 | 4.95 |
| Net working capital | 22.67 | 18.55 | 20.55 | 17.83 | 12.26 | 10.42 | 9.57 |
| Total assets | 42.32 | 23.93 | 24.15 | 21.33 | 19.07 | 19.12 | 18.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.65 | 0.61 | 0.58 | 0.43 | 0.41 | 0.19 | 0.76 |
| Net cash from operating activities | (1.43) | 6.82 | (0.96) | (0.06) | 0.57 | 0.12 | (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 activities | 16.10 | (3.55) | 1.40 | 0.84 | (0.79) | 0.20 | (0.92) |
| Net change in cash | (0.12) | 1.03 | 0.04 | 0.15 | 0.02 | 0.23 | (0.57) |
| Closing cash | 1.53 | 1.65 | 0.61 | 0.58 | 0.43 | 0.41 | 0.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.29 | 0.19 | 0.30 | 0.33 | 0.32 | 0.32 | 0.31 |
| Long-term debt / equity | 0.13 | 0.01 | 0.01 | 0.03 | 0.07 | 0.08 | 0.08 |
| Interest cover | 16.99 | 39.07 | 22.01 | 23.81 | 78.85 | 211.76 | 96.23 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.88 | 12.51 | 6.05 | 4.13 | 1.75 | 2.11 | 1.99 |
| Inventory turnover | 4.79 | 10.25 | 3.59 | 2.80 | 1.42 | 2.00 | 2.57 |
| Debtors turnover | 9.26 | 12.15 | 5.83 | 5.63 | 4.05 | 3.21 | 2.17 |
| EPS (₹) | 2.00 | 2.59 | 1.48 | 1.46 | 0.48 | 0.60 | 0.35 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 33.62 | 26.35 | 23.76 | 22.27 | 20.81 | 20.33 | 19.73 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 56.66 | 103 | 41.53 | 27.26 | 11.13 | 13.47 | 12.12 |
| Revenue growth | -45.1% | +148.4% | +52.4% | +144.9% | -17.4% | +11.1% | - |
| Other income | 0.21 | 0.12 | 0.21 | 0.13 | 0.36 | 0.45 | 0.50 |
| Total expenses | 53.50 | 98.95 | 39.77 | 25.37 | 10.38 | 12.84 | 11.43 |
| Employee cost | 1.06 | 1.03 | 0.54 | 0.40 | 0.35 | 0.30 | 0.22 |
| EBITDA | 3.16 | 4.20 | 1.76 | 1.89 | 0.75 | 0.63 | 0.69 |
| EBITDA margin | +5.6% | +4.1% | +4.2% | +6.9% | +6.7% | +4.7% | +5.7% |
| Depreciation | 0.65 | 0.46 | 0.29 | 0.32 | 0.37 | 0.39 | 0.43 |
| Interest | 0.42 | 1.47 | 0.26 | 0.35 | 0.32 | 0.22 | 0.37 |
| Profit before tax | 2.30 | 2.39 | 1.42 | 1.35 | 0.42 | 0.47 | 0.39 |
| Tax | 0.58 | 0.64 | 0.40 | 0.35 | 0.09 | 0.12 | 0.19 |
| Net profit | 1.72 | 1.75 | 1.02 | 0.98 | 0.33 | 0.35 | 0.20 |
| Net profit margin | +3.0% | +1.7% | +2.5% | +3.6% | +3.0% | +2.6% | +1.7% |
| EPS (₹) | 1.94 | 2.49 | 1.44 | 1.41 | 0.46 | 0.51 | 0.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.01 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 | 7.03 |
| Reserves & surplus | 20.86 | 11.13 | 9.37 | 8.36 | 7.37 | 7.04 | 6.68 |
| Shareholders' funds (net worth) | 29.87 | 20.65 | 18.89 | 15.39 | 14.40 | 14.07 | 13.71 |
| Secured loans | 10.97 | 2.24 | 3.21 | 4.43 | 3.14 | 3.17 | 2.79 |
| Unsecured loans | 0.95 | 0.10 | 1.07 | 0.25 | 0.35 | 0.31 | 0.19 |
| Total debt | 11.92 | 2.34 | 4.28 | 4.68 | 3.49 | 3.48 | 2.98 |
| Total liabilities | - | - | 23.23 | 20.10 | 17.91 | 17.59 | 16.73 |
| Assets | |||||||
| Gross block | 7.32 | 7.01 | 4.52 | 4.33 | 4.24 | 4.20 | 4.32 |
| Net block | 3.35 | 3.69 | 1.65 | 1.75 | 1.98 | 2.20 | 2.16 |
| Capital work in progress | 14.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 |
| Inventories | 15.80 | 7.12 | 11.12 | 10.01 | 7.84 | 6.96 | 5.36 |
| Sundry debtors | 3.12 | 9.38 | 7.91 | 6.49 | 3.44 | 2.53 | 4.67 |
| Cash & bank balances | 1.47 | 1.60 | 0.56 | 0.53 | 0.39 | 0.29 | 0.15 |
| Loans & advances | 5.41 | 1.07 | 1.36 | 1.77 | 1.12 | 0.76 | 3.39 |
| Total current assets | 25.80 | 19.17 | 20.95 | 18.80 | 12.79 | 10.54 | 13.57 |
| Total current liabilities | 3.20 | 1.11 | 0.88 | 1.67 | 1.04 | 0.82 | 4.41 |
| Net working capital | 22.60 | 18.06 | 20.07 | 17.13 | 11.75 | 9.72 | 9.16 |
| Total assets | 41.90 | 23.07 | 23.23 | 20.10 | 17.91 | 17.59 | 16.73 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.60 | 0.56 | 0.53 | 0.39 | 0.29 | 0.15 | 0.68 |
| Net cash from operating activities | (2.00) | 6.59 | (1.42) | 0.00 | 0.71 | 0.31 | (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 activities | 16.60 | (3.37) | 1.82 | 0.87 | (0.31) | 0.19 | (0.68) |
| Net change in cash | (0.13) | 1.03 | 0.04 | 0.13 | 0.10 | 0.14 | (0.53) |
| Closing cash | 1.47 | 1.60 | 0.56 | 0.53 | 0.39 | 0.29 | 0.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.28 | 0.17 | 0.26 | 0.27 | 0.25 | 0.23 | 0.22 |
| Long-term debt / equity | 0.13 | 0.01 | 0.00 | 0.01 | 0.03 | 0.03 | 0.02 |
| Interest cover | 16.73 | 39.30 | 17.69 | 22.29 | 84.21 | 91.67 | 142.31 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 7.91 | 17.89 | 9.39 | 6.36 | 2.64 | 3.16 | 2.78 |
| Inventory turnover | 4.94 | 11.31 | 3.93 | 3.05 | 1.50 | 2.19 | 2.86 |
| Debtors turnover | 9.07 | 11.93 | 5.77 | 5.49 | 3.73 | 3.74 | 2.61 |
| EPS (₹) | 1.94 | 2.49 | 1.44 | 1.41 | 0.46 | 0.51 | 0.29 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 33.15 | 25.82 | 23.33 | 21.89 | 20.48 | 20.01 | 19.50 |
Want more history and ratios?
You're viewing the latest exchange-filed financials for Jigar Cables Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
Board of Directors of Jigar Cables Limited
Jigar Cables has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parshottambhai Laljibhai Vaghasiya Also directs: Jigar Polymers Limited | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
| Shardaben Nanajibhai Bhalala | Director | 30 May 2019 | 7 Years 4 Months | Current |
| Kantilal Gordhandas Lakhani | Director | 29 Sep 2020 | 6 Years 0 Months | Current |
| Sangita Niteshkumar Vaghasiya | Managing Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Ramnik Parsotambhai Vaghasiya Also directs: Jigar Polymers Limited | Whole-Time Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Shailesh Bhikhubhai Khatara Also directs: Jigar Polymers Limited | Director | 03 Dec 2020 | 5 Years 10 Months | Current |
Peer Comparison of Jigar Cables Limited
Jigar Cables Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Noida Aluminium Company Private Limited | ₹106.51 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Maniram Steel Private Limited | ₹106.48 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Raipur, Chhattisgarh, India |
| Ruby Cables Limited | ₹106.38 Cr (FY 2016) | •••• | •••• | 20.0% | •••• | Vadodara, Gujarat, India |
| Hengyu Cleaning Products Private Limited | ₹106.08 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Kapil Cables Limited | ₹106.08 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Rau Extension, Madhya Pradesh, India |
| Amphetronix Offset Interconnect Solutions Private Limited | ₹104.06 Cr (FY 2025) | •••• | •••• | 329.0% | •••• | Pune, Maharashtra, India |
| Gold Star Steels Private Limited | ₹104 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Raipur, Chhattisgarh, India |
| Cypress Industries India Private Limited | ₹103.69 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Zeeta Electrical Engineering Private Limited | ₹103.65 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Gujarat, India |
| Traco Cable Co Ltd | ₹103.55 Cr (FY 2022) | •••• | •••• | -44.0% | •••• | Kochi, Kerala, India |
| Jigar Cables Limited this company | ₹57.95 Cr (FY 2026) | •••• | •••• | -44.9% | •••• | Gondal, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Jigar Cables by revenue in the Manufacturing industry (Cables and Wires), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Jigar Cables Limited
Jigar Cables Limited is audited by M. N. Manvar& Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. N. Manvar& Co. | Locked | Locked | Locked |
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Shareholding Pattern of Jigar Cables Limited
Shareholding for the quarter ended Jun 2026: promoters hold 42.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 57.50%.
Jun 2026
QUARTER
42.50% Promoters
57.50% Retail & Others
Promoter holding - history
Now 42.50% · Jun 2026High 44.50% · Dec 2025Low 42.50% · Mar 2026
Shareholding trend - last 6 quarters
| Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|
| Promoters | 42.50% | 42.50% | 44.50% |
| Public | 57.50% | 57.50% | 55.50% |
Charges & Borrowings of Jigar Cables Limited
Open charges
₹24.23 Cr
Satisfied charges
₹23.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2026 | Axis Bank Limited | ₹97.6 Lakh | Open |
| 07 Jan 2026 | Axis Bank Limited | ₹23.25 Cr | Open |
| 22 Jul 2024 | Others | ₹60 Lakh | Satisfied |
| 13 Jun 2023 | Others | ₹39.6 Lakh | Satisfied |
| 15 May 2023 | Others | ₹16 Lakh | Satisfied |
Total charge records: 16 View all charges
Deals & Funding of Jigar Cables Limited
Jigar Cables Limited has 6 deals on record (5 market trades, 1 ipo); the latest was in December 2023.
Total deals
6
Market trades
5
IPO
1
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Market trade | ₹18.3 Lakh | Seller: an individual |
| Jul 2020 | Market trade | ₹17.4 Lakh | Buyer: an individual |
| Aug 2017 | Market trade | ₹38.4 Lakh | Buyer: an individual Seller: an individual |
| Jul 2017 | Market trade | ₹62 Lakh | Buyer: an individual |
| Jul 2017 | Market trade | ₹90.9 Lakh | Buyer: 2 individuals Seller: Akg Investment Scenario Private Limited |
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Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Jigar Cables Limited
Jigar Cables Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 23 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Hareshkumar Kantilal & Co | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Jigar Cables Limited
Jigar Cables Limited has a workforce of 9 employees as of Apr 07, 2024.
Employee count
9
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Jigar Cables Limited
Jigar Cables has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Jigar Polymers Limited | U25205GJ2017PLC096206 | - |
Showing major subsidiaries. Total: 1.
Recent Activity on Jigar Cables Limited
Jigar Cables Limited has 16 board changes on record since 2017: 11 appointments and 5 cessations. The latest: Vijay Gopalbhai Shingala ceased to be Managing Director on 09 Jan 2021.
Charges
A charge with Axis Bank Limited of Rs. 0.98 Cr registered on 16 Jul 2026 with Charge ID 101349343 was modified on 28 Jul 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.98 Cr with Charge ID 101349343 was registered on 16 Jul 2026.
Charges
A charge with Axis Bank Limited of Rs. 23.25 Cr registered on 07 Jan 2026 with Charge ID 101222220 was modified on 09 Jan 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.25 Cr with Charge ID 101222220 was registered on 07 Jan 2026.
Charges
A charge registered on 22 Jul 2024 via Charge ID 100979796 with Others was fully satisfied on 30 Oct 2025.
Charges
A charge registered on 14 Dec 2022 via Charge ID 100697531 with Others was fully satisfied on 30 Oct 2025.
Charges
A charge registered on 30 Nov 2022 via Charge ID 100656991 with Others was fully satisfied on 30 Oct 2025.
Charges
A charge registered on 10 Oct 2022 via Charge ID 100624331 with Others was fully satisfied on 30 Oct 2025.
AGM
Jigar Cables Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Jigar Cables Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 13 Jun 2023 via Charge ID 100739273 with Others was fully satisfied on 03 Feb 2025.
Charges
A charge with Others of Rs. 0.60 Cr registered on 22 Jul 2024 with Charge ID 100979796 was modified on 20 Sep 2024.
46 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Jigar Cables Limited
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Subsidiaries & Group Companies of Jigar Cables Limited
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GST Compliance of Jigar Cables Limited
Jigar Cables has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCJ8955B1ZM | Gujarat | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Jigar Cables Limited
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Related news about Jigar Cables Limited
Frequently Asked Questions about Jigar Cables Limited
Jigar Cables is an active public limited company based in Gondal, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 07 February 2017 (9+ years old) and is registered under CIN L28999GJ2017PLC095651. Listed on BSE: 540651.
Jigar Cables reported revenue of ₹57.95 Cr for FY 2025-26 (down 44.9% YoY) based on consolidated financials.
Jigar Cables has 6 current directors:
- Sangita Niteshkumar Vaghasiya - Managing Director
- Ramnik Parsotambhai Vaghasiya - Whole-Time Director
- Parshottambhai Laljibhai Vaghasiya - Director
- Shardaben Nanajibhai Bhalala - Director
- Kantilal Gordhandas Lakhani - Director
- Shailesh Bhikhubhai Khatara - Director
The GSTIN of Jigar Cables is 24AADCJ8955B1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Jigar Cables is L28999GJ2017PLC095651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Jigar Cables is listed on BSE with code 540651.
Jigar Cables was incorporated on 07 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jigar Cables has 6 deals on record (5 market trades, 1 ipo); the latest was in December 2023.
The peers of Jigar Cables by revenue are Noida Aluminium Company Private Limited, Maniram Steel Private Limited, Ruby Cables Limited, Hengyu Cleaning Products Private Limited, Kapil Cables Limited and 5 more, all in the Manufacturing industry (Cables and Wires).
Vijay Gopalbhai Shingala ceased to be Managing Director on 09 Jan 2021. Ramnik Parsotambhai Vaghasiya was appointed as Whole-Time Director on 03 Dec 2020. Sangita Niteshkumar Vaghasiya was appointed as Managing Director on 03 Dec 2020. Jigar Cables has 16 board changes on record in total.
Yes, Jigar Cables is registered as an MSME under Udyam registration (number: UDYAM-GJ-20-0004321).
Jigar Cables has 5 MSME Form 1 returns on record between 2019 and 2023, listing 23 overdue payments to 18 micro and small suppliers. The latest return was filed on 16 May 2024.