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What is the JAINIK POWER CABLES LTD (JAINIK) share price today?

JAINIK POWER CABLES LTD (JAINIK) is trading at ₹164.35 on the NSE, up 5.86% on the day. Source: DocStoX.

What is the PE ratio of JAINIK POWER CABLES LTD?

JAINIK POWER CABLES LTD has a price-to-earnings (PE) ratio of 17.2 in the Metals & Mining sector.

What is the market capitalisation of JAINIK POWER CABLES LTD?

JAINIK POWER CABLES LTD has a market capitalisation of approximately ₹221 crore.

JAINIK POWER CABLES LTD

JAINIK·NSE·Metals & Mining

₹164.35▲ +9.10 (+5.86%)

Metals & Mining · Aluminium

Debt-free and consistently profitable

Day₹155.00

₹167.00

52W₹94

₹16796%

Open

₹155.00

High

₹167.00

Low

₹155.00

Prev Close

₹155.25

Volume

48.0K

VWAP

₹162.41

Snapshot

Key fundamentals

Market Cap

₹221 Cr

P/E Ratio

17.23Fair

P/B Ratio

2.51

EPS

₹9.54

Book Value

₹59.29

ROE

25.60%Strong

ROCE

40.00%Efficient

Dividend Yield

0.00%

Debt / Equity

0.07Low

Face Value

₹10.00

52W High

₹167.00

52W Low

₹93.50

Sector

Metals & Mining

Industry

Aluminium

Fairly Valued

Narrow moatHigh uncertainty

Fair value estimate

₹151

▼ 7.9%downside

Trading at ₹164 — 8% above our estimate

BearFair valueBull

₹114₹151₹174

/100

Business quality — Solid

Growth 100Profitability 52Efficiency 50Valuation 89

Plain English

Our view

Debt-free and consistently profitable
Virtually debt-free balance sheet
Fundamental red flags (Piotroski 0/9)

Strengths

Virtually debt-free balance sheet
Strong returns on equity (26%)
Capital is working hard (ROCE 40%)
Revenue compounding 80% over 3 years

Risks

Fundamental red flags (Piotroski 0/9)

How we got there

Fair value methods

Residual income

38% ROE fading to 13% over ~10 yrs, on ₹59 book

₹168

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹114

Analyst target

No analyst coverage

—

Blended fair value₹151

What the numbers say

Investment thesis

Bull case

Virtually debt-free balance sheet
Strong returns on equity (26%)
Capital is working hard (ROCE 40%)
Revenue compounding 80% over 3 years
Promoters hold a controlling stake

Bear case

Fundamental red flags (Piotroski 0/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

17.2Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

25.6%Strong

Above 15% is considered healthy for Indian equities

ROCE

40.0%Efficient

Above 18% means capital is working hard

Debt/Eq

0.07Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹221 Cr

P/B

2.51

EPS

₹9.54

Div Yield

—

What changed

Recent changes

Foreign investors+0.2% stake last quarter
Domestic institutions+0.7% stake last quarter

What matters

News impact

Overview

Valuation

Attractive

P/E 17.2×

Growth

Strong

+80% rev CAGR

Profitability

Excellent

25.6% ROE

Financial health

Rock solid

D/E 0.07

Momentum

N/A

No technicals

Today

Trading activity

Delivery %75.0%

Turnover₹77.96L Cr

Trades33

VWAP₹162.41

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+80.4%

+45.2%

10Y

—

Profit

—

10Y

—

EPS

+54.9%

+47.5%

10Y

—

Profile

Pros

Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 181% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 36.9%

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Debtor days have increased from 31.7 to 53.4 days.

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Foreign investors bought 0.17 pts; domestic institutions added 0.67 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

67%

Promoter

Promoters

67.4%0.00

Public

31.8%-0.83

FII / FPI

0.2%+0.17

DII

0.7%+0.67

Total shareholders

792-218 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter67.36%

FII0.17%

DII0.67%

Public31.81%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in May 2011, Jainik Power and Cables Limited manufactures and sells Aluminium Rods.[1]