Jigar Cables Ltd (JIGAR) — shareholding pattern, promoter holding, financials and share price
About Jigar Cables Ltd (JIGAR)
Jigar Cables Ltd operates in the Other Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as JIGAR and on the BSE under scrip code 540651. Its ISIN is INE943X01015.
Incorporated in 2017, Jigar Cables Ltd manufactures Electric wires, cables, and PVC. [1]
Jigar Cables Limited, established from its predecessor entities since 1997, specializes in the manufacturing of various types of electrical wires and cables in India.
The company produces power and control cables, house and building wires, and aerial bunched cables, marketed under the brand name 'SIGMA'.
Listed peers in Other Electrical Equipment: Vdeal System Ltd, Gensol Engineering Ltd, Marco Cables & Conductors Ltd, Gujarat Poly Electronics Ltd, Ultra Wiring Connectivity Systems Ltd, Incap Ltd.
Valuation & Returns
At ₹72 a share, Jigar Cables Ltd (JIGAR) was valued at a price-to-earnings ratio of 35.98x against an industry P/E of 52.37x and a price-to-book of 2.14x on a book value of ₹33.61 per share. Solomo computes return on equity of 5.94% and return on capital employed of 6.71% from filed results.
- P/E
- 35.98x
- Industry P/E
- 52.37x
- P/B
- 2.14x
- EPS (TTM)
- ₹2
- Book value / share
- ₹33.61
- ROE
- 5.94%
- ROCE
- 6.71%
- ROA
- 3.95%
- Debt / equity
- 0.39x
- Dividend yield
- 0%
- EBITDA margin
- 6.18%
- 52-week range
- ₹50 – ₹76.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Jigar Cables Ltd (JIGAR) reported revenue of ₹57.95 crore, net profit of ₹1.8 crore and earnings per share of ₹2. That compares with revenue of ₹104.83 crore and net profit of ₹1.82 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹31.72 crore and net profit ₹1.21 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 11.96 | 28.46 | 42.49 | 104.83 | 57.95 |
| Net profit (₹ cr) | 0.34 | 1.03 | 1.04 | 1.82 | 1.8 |
| EPS (₹) | 0.48 | 1.46 | 1.48 | 2.59 | 2 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 53.46% | 110.04% | 146.51% |
| Profit growth | 53.65% | 75.07% | 75.00% |
| Stock price CAGR | 15% | 24% | 4% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 42.48% of Jigar Cables Ltd (JIGAR). Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2017.
Largest disclosed public shareholders in Mar 2026: PANKAJ VASANTBHAI SHINGALA 9.54%, SANGEETABEN NITESHBHAI VAGHASIYA 8.59%, BHUMIBEN RAMNIKBHAI VAGHASIYA 5.86%, PRAVINKUMAR HARDASBHAI SHINGALA 3.33%, PRAVINKUMAR HARDASBHAI SHINGALA 3.06%, JAYESHKUMAR BHIKHUBHAI PATEL 2.25%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 42.48% | - | - | - | 57.52% |
| Sep 2025 | 42.48% | - | - | - | 57.52% |
| Mar 2025 | 44.48% | - | - | - | 55.52% |
| Sep 2024 | 44.48% | - | - | - | 55.52% |
| Mar 2024 | 44.48% | - | - | - | 55.52% |
| Sep 2023 | 44.48% | - | - | - | 55.52% |
| Mar 2023 | 44.48% | - | - | - | 55.52% |
| Sep 2022 | 44.48% | - | - | - | 55.52% |