Jigar Cables Ltd

Jigar Cables Ltd (JIGAR) is a micro-cap Capital Goods company valued at ₹59 crore operating in Other Electrical Equipment on the NSE and BSE.

Recent price move

Jigar Cables Ltd last traded at ₹64.99, unchanged on the day.

Recent developments

On 2026-03-31, the company reported its latest financial results, showing a flat net profit but a decline in revenue. The latest quarter's net profit increased 30.1% compared to the same quarter a year earlier, suggesting some recovery in profitability.

Financial performance

The company's revenue fell 44.7% year-over-year, but net profit remained flat. Revenue in the latest quarter dropped 26.9% compared to the same quarter a year earlier, while net profit rose 30.1%. The net profit margin widened to 3.1% from 1.7% in the prior year, indicating improved efficiency.

Valuation multiples

The stock trades at 29.5 times earnings, 1.81 times book value.

Things to watch

The stock is 12.2% below its 52-week high, indicating a pullback from recent peak levels. Revenue fell 44.7% year-over-year, which is a significant decline and could signal challenges in the business. The net profit margin, while up, remains low at 3.1%, suggesting pressure on profitability.

Where it stands

Jigar Cables Ltd ended the latest quarter with revenue of ₹32 crore and net profit of ₹1 crore, showing a rise in profit but a drop in revenue compared to the same quarter a year earlier. The stock is 12.2% below its 52-week high, and the company's revenue fell 44.7% year-over-year.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.