As of 6 Nov 2026, JD Cables trades at 12.1× trailing earnings, below the industry P/E of 30.0×, and the shares are 33% below their 52-week high. Its ROCE of 32% is the highest among the 7 largest Electrical Equipment & Parts peers, and sales grew 107% a year over 3 years. Debt is 0.39× equity. It is listed on an SME platform with a market cap of ₹385 Cr, ranked 60th of 97 Electrical Equipment & Parts companies by market cap; the shares rose 23% over the past year.
- ₹168.15
- ₹171.90
- ₹163.95
- ₹169.80
- 42.4K
Health check
- ReturnsAhead
+23.4% over a year, better than 5 of 7 peers.
- Price tagCheaper
P/E 12.1 vs industry 30.0.
- GrowthStrong
Sales +107.4%, profit +362.9% a year over 3 years.
- ProfitabilityStrong
ROCE 31.9% vs peer median 22.1%.
- Balance sheetFair
Debt 0.39× equity, interest covered 11.1×, Piotroski 4 of 9.
- Red flags2 to check
Quarterly profit down 12.0% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹385 Cr
- Small cap
- P/E
- 12.1
- Industry 30.0
- Price to book
- 2.63
- Peers 7.24
- Dividend yield
- 0.00%
- ROE
- 36.0%
- Peers 18.0%
- ROCE
- 31.9%
- Peers 22.1%
- Debt to equity
- 0.39
- Debt ₹57 Cr
- EPS (TTM)
- ₹14.07
- OPM (TTM)
- 11.4%
- Net margin 8.7%
- Sales growth
- +49.6%
- Latest quarter vs a year ago
- Profit growth
- −12.0%
- Latest quarter vs a year ago
- Price to sales
- 1.06
- EV/EBITDA 9.3
Strengths and risks
Strengths
- Return on equity of 36.0%.
- Return on capital employed of 31.9%.
- Quarterly sales up 49.6% on a year ago.
- P/E of 12.1 against an industry P/E of 30.0.
Risks to check
- Quarterly profit down 12.0% on a year ago.
- 33% below its 52-week high.
About JD Cables
JD Cables Limited manufactures and sells wires, cables, and conductors in India. The company offers LT AB cables, LT XLPE power cables, LT PVC power and control cables, bare and insulated copper conductors, AAC conductors, AAAC conductors, and ACSR conductors, as well as AB cables, power cables, service cables, control cables, AL59 conductors, multi storage covered conductors (MVCC), and high temperature low sag (HTLS) conductors. It also engages in the…
- Headquarters
- Kolkata
- Sector
- Industrials
- ISIN
- INE14VP01014
- Website
- jdcables.in
Price range
- Avg volume (3M)
- 46.5K
- 1-year return
- plus 23.4%
- From 52-week high
- minus 32.9%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| JDCABLESJD Cables | 170.70 | plus 0.53% | 385 | 12.1 | 9.3 | 31.9% | 11.4% | 0.39 | 107.4% | plus 23.4% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
| ₹ Cr | Mar 25 |
|---|---|
| 80 | |
| 67.2 | |
| 12.8 | |
| 16.0% | |
| 0.1 | |
| 1.5 | |
| 0.3 | |
| 11.1 | |
| 25.3% | |
| 8.3 |
Profit & loss
- Sales CAGR 3Y
- +107.4%
- Profit CAGR 3Y
- +362.9%
- ROE
- 36.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 40.9 | 100 | 251 | 365 | |
| – | +145.6% | +149.6% | +45.5% | |
| 40 | 93.1 | 216 | 317 | |
| 0.9 | 7.3 | 34.1 | 47.5 | |
| 2.1% | 7.2% | 13.6% | 13.0% | |
| −0.1 | −0 | 0 | 0.4 | |
| 0.3 | 1 | 3.5 | 4.2 | |
| 0 | 0.1 | 1 | 1.3 | |
| – | – | −0.1 | – | |
| 0.4 | 6.1 | 29.5 | 42.5 | |
| 26.0% | 25.4% | 25.3% | 25.3% | |
| 0.3 | 4.6 | 22 | 31.7 | |
| – | +1333.0% | +380.9% | +44.0% | |
| 0.14 | 2.03 | 9.77 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0 | 0.1 | 0.1 | 22.6 | |
| 1.2 | 7.8 | 29.9 | 124 | |
| 3.8 | 17.8 | 45.9 | 56.6 | |
| 12.9 | 19.5 | 39.3 | 34.6 | |
| 17.9 | 45.1 | 115 | 237 | |
| 1.8 | 3.3 | 9.6 | 26.4 | |
| – | – | – | 5.7 | |
| – | – | 0.3 | – | |
| 0.2 | 0.8 | 3.9 | 0.5 | |
| 15.9 | 40.9 | 101 | 205 | |
| 17.9 | 45.1 | 115 | 237 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.2 | −12.7 | −18.2 | −73.5 | |
| 0 | −1.6 | −7.1 | −17.5 | |
| −1.2 | 15 | 24.7 | 91 | |
| 0 | 0.6 | −0.7 | −0 | |
| – | −1.6 | −7.3 | −18.1 | |
| 1.2 | −14.4 | −25.5 | −91.6 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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