Jigar Cables Ltd Stock Price Today (NSE: JIGAR)
Fundamental Score
Jigar Cables Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Jigar Cables Ltd share price today is ₹67.00, up +0.00% on NSE/BSE as of 19 June 2026. Jigar Cables Ltd (JIGAR) is a Small-cap company in the Other Electrical Equipment sector with a market capitalisation of ₹58.58 (Cr). The 52-week high for JIGAR share price is ₹76.90 and the 52-week low is ₹50.00. At a P/E ratio of 38.54x, JIGAR is currently trading above its industry average P/E of 33.84x. The company has a Return on Equity (ROE) of 9.05% and a debt-to-equity ratio of 0.00.
Jigar Cables Ltd Share Price Chart — NSE/BSE Historical Performance
Jigar Cables Ltd share price chart: -1.47% return over the past month. 52-week high ₹76.90, 52-week low ₹50.00.
Jigar Cables Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹67.00 | ₹67.00 | ₹67.00 | ₹67.00 | 0.00 (Cr) | |
| ₹67.00 | ₹67.00 | ₹67.00 | ₹67.00 | 0.00 (Cr) | |
| ₹67.00 | ₹67.00 | ₹67.00 | ₹67.00 | 0.00 (Cr) | |
| ₹67.00 | ₹67.00 | ₹67.00 | ₹67.00 | 0.00 (Cr) | |
| ₹67.00 | ₹67.00 | ₹67.00 | ₹67.00 | 0.00 (Cr) | |
| ₹67.00 | ₹67.00 | ₹67.00 | ₹67.00 | 0.00 (Cr) | |
| ₹67.00 | ₹67.00 | ₹67.00 | ₹67.00 | 0.00 (Cr) | |
| ₹70.00 | ₹70.00 | ₹60.00 | ₹67.00 | 12.00K (Cr) | |
| ₹59.00 | ₹59.00 | ₹59.00 | ₹59.00 | 0.00 (Cr) | |
| ₹59.00 | ₹59.00 | ₹59.00 | ₹59.00 | 0.00 (Cr) |
Jigar Cables Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹67.00 | ₹67.00 | ₹67.00 | ₹67.00 | +0.00% | |
| ₹69.45 | ₹71.85 | ₹57.50 | ₹67.00 | -3.53% | |
| ₹60.00 | ₹69.00 | ₹50.00 | ₹64.95 | +8.25% | |
| ₹65.85 | ₹65.85 | ₹53.02 | ₹60.00 | -8.88% | |
| ₹65.00 | ₹73.99 | ₹57.10 | ₹65.85 | +1.31% | |
| ₹65.00 | ₹65.00 | ₹65.00 | ₹65.00 | +0.00% | |
| ₹65.00 | ₹65.00 | ₹65.00 | ₹65.00 | +0.00% | |
| ₹63.00 | ₹70.00 | ₹57.30 | ₹65.00 | +3.17% | |
| ₹59.00 | ₹76.90 | ₹59.00 | ₹63.00 | +6.78% | |
| ₹70.00 | ₹70.00 | ₹65.00 | ₹65.00 | -7.14% | |
| ₹66.00 | ₹76.21 | ₹66.00 | ₹70.00 | +6.06% | |
| ₹57.45 | ₹66.00 | ₹57.45 | ₹66.00 | +14.88% |
AI Research Briefing
Powered by Gemini · 2026-04-13
Micro-cap cable maker hopes to ride the infrastructure wave, but execution risk and valuation leave little room for error.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Jigar Cables' The company commenced commercial production of conductors at its new manufacturing unit on March 30, 2026. Full-scale production of MVCC and HT cables is expected within the next 2-3 months.
CORE STORY (THE REAL GAME)
Jigar Cables is a micro-cap play on the Indian electrical equipment sector, specifically low-tension cables. The market narrative hinges on its ability to scale production and capitalize on the broader infrastructure and renewable energy push.
- New conductor production started
- Sector tailwinds from renewable energy push
- Potential for MVCC/HT cable revenue
- Significant order wins
- Faster-than-expected MVCC/HT cable production
- Government policy changes favoring domestic cable manufacturers
- Micro-cap liquidity risk
- High valuation relative to industry
- Dependence on volatile raw material prices
Promoter holding decreased by 2.0%.
India's power equipment sector is entering a multi-year growth phase due to renewable energy expansion.
Commercial production of conductors commenced at new manufacturing unit on March 30, 2026.
No - Free Cash Flow 5Y: ₹3.12 Cr
Next 3-6 months depend on successful MVCC/HT cable production and order wins. Failure to scale production will lead to significant downside.
Primary Thesis Risk
Inability to scale production and secure orders will decimate the investment thesis.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Jigar Cables Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Jigar Cables Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of JIGAR across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Excellent ROCE Performance (16.70%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Consistent Growth Track Record (50.47% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (48.74% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (48.74% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Debt-Free Balance Sheet (D/E: 0.00)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
4 factors identified
Below-Average Return on Equity (9.05%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Profit Decline Concern (-33.71%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-57.50%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Jigar Cables Ltd vs Electrical Equipment Peers
Peer Comparison - Electrical Equipment
Compare Jigar Cables Ltd with 1 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Jigar Cables LtdJigar Cables Lt...Selected✓ JIGAR • 540651 | 45.7/100 | ₹67.00₹67 | ₹58.58₹58.58 | 38.54Average 38.5 Average | 9.05%Poor 9.05% Poor | 16.70%Good 16.70% Good | 0.00Excellent 0.0 Excellent | 48.74%Excellent 48.74% Excellent | 50.47%Excellent 50.47% Excellent | 0.00% |
Geekay Wires LtdGeekay Wires Lt... GEEKAYWIRE • | 54.8/100 | ₹21.86₹22 | ₹346.38₹346.38 | 10.65Average 10.7 Average | 28.48%Excellent 28.48% Excellent | 25.36%Excellent 25.36% Excellent | 0.75Good 0.8 Good | 40.79%Excellent 40.79% Excellent | 19.20%Excellent 19.20% Excellent | 0.98% |
Jigar Cables Ltd PE Ratio History
Historical price-to-earnings ratio for JIGAR — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹1.16 | ₹67.90 | 58.5x |
| FY 2023 | ₹1.46 | ₹45.00 | 30.8x |
| FY 2022 | ₹0.48 | ₹24.00 | 50x |
| FY 2021 | ₹0.60 | ₹27.00 | 45x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Jigar Cables Ltd Quarterly Performance
Latest quarterly metrics for JIGAR — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-57.50%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-33.71%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
50.47%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
48.74%
Compounded annual net profit growth over 5 years
Jigar Cables Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for JIGAR — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Jigar Cables Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Jigar Cables Ltd (JIGAR) — sourced from NSE/BSE filings.
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About JIGAR (Jigar Cables Ltd)
Jigar Cables Ltd is a dynamic force in the Indian electrical equipment sector, carving a niche for itself through the meticulous design and production of a comprehensive range of e...lectrical cables. At the heart of their operations lies a dedication to quality, evident in every meter of cable produced under their trusted brand, JIGAR. They cater to a diverse array of needs, from simple domestic wiring solutions to complex industrial power distribution systems. The company prides itself on its innovative approach, continuously refining manufacturing processes and incorporating advanced materials to ensure optimal performance and longevity across their product line. Their commitment extends beyond mere production; Jigar Cables strives to be a reliable partner, empowering clients with solutions that drive efficiency and safety in their operations. The company's portfolio showcases an extensive selection of cable solutions, meticulously engineered to meet the demands of various applications. Consumers can choose from single and multi-core flexible cables suitable for intricate internal wiring, robust power and control cables designed for demanding industrial environments, and specialized submersible cables built to withstand harsh underwater conditions. Furthermore, their aerial bunched cables offer a secure and efficient solution for overhead power distribution, while their LT PVC and XLPE cables provide reliable performance in low-tension applications. Recognizing the critical importance of safe and reliable home electrical systems, Jigar Cables offers a dedicated range of house wires, crafted with utmost precision and adherence to stringent safety standards. Jigar Cables Ltd doesn't just manufacture cables; they provide the vital arteries that power diverse industries across India. Their reach extends to sectors as varied as the manufacturing facilities of chemical and pharmaceutical companies, the construction sites building the nation's infrastructure, the shipyards assembling vessels for maritime transport, and the food processing plants ensuring the supply of essential goods. JIGAR products find their way into thermal power generation plants providing electricity, petrochemical complexes refining fuels, the automated assembly lines of automobile manufacturers, and the oil refineries processing precious petroleum resources. This widespread application underscores Jigar Cables' unwavering commitment to delivering high-quality, dependable cabling solutions that fuel the nation's progress.
Company Details
Key Leadership
Corporate Events
Latest News
JIGAR Share Price: Frequently Asked Questions
What is the current share price of Jigar Cables Ltd?
Jigar Cables Ltd (JIGAR) trades at ₹67.00 on NSE and BSE. Market cap ₹58.58 (Cr). Educational data only.
What is the P/E ratio of Jigar Cables Ltd?
Jigar Cables Ltd has a P/E of 38.54x vs industry average 33.84x.
What is the Bull Run score for Jigar Cables Ltd?
Jigar Cables Ltd has a Bull Run score of 45.7/100 based on 25+ financial parameters.
Does Jigar Cables Ltd pay dividends?
Jigar Cables Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Jigar Cables Ltd?
Jigar Cables Ltd has ROE of 9.05%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Jigar Cables Ltd?
Jigar Cables Ltd has debt-to-equity of 0.00.
Is Jigar Cables Ltd a good investment?
Bull Run gives Jigar Cables Ltd a score of 45.7/100. This is not investment advice — consult a SEBI-registered advisor.