---
title: "JD Cables Ltd (544524) — Share Price, Financials & Analysis"
symbol: "544524"
company: "JD Cables Ltd"
canonical: "https://tapetide.com/stocks/544524"
isin: "INE14VP01014"
nse_symbol: "JDCABLESLTD"
bse_code: "544524"
sector: "Industrial Products"
industry: "Cables - Electricals"
market_cap_cr: 442.22
generated_at: "2026-09-13T18:37:26.807Z"
---

# JD Cables Ltd (544524)

Canonical page: https://tapetide.com/stocks/544524

## Company

- **NSE Symbol:** JDCABLESLTD
- **BSE Code:** 544524
- **ISIN:** INE14VP01014
- **Sector:** Industrial Products
- **Industry:** Cables - Electricals
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-09-25
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Incorporated in 2015, JD Cables Limited is engaged in the manufacturing of cables and conductors that cater to the power transmission and distribution sector. [1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:38:05.531191Z.

- **Market Cap:** ₹442.22 Cr
- **Classification:** SME
- **P/E (reported):** 0
- **Book Value:** ₹50.73
- **Price to Book:** 3.95
- **Dividend Yield:** 0%
- **ROE:** 73.89%
- **ROCE:** 105.92%
- **Debt to Equity:** 0.39
- **Revenue (yearly):** ₹364.59 Cr
- **Net Income:** ₹31.67 Cr
- **EBITDA:** ₹47.51 Cr
- **52-Week High:** ₹254.35
- **52-Week Low:** ₹130
- **RSI (14):** 39.12

## Tapetide Score

- **Score:** 54 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 84%
- **Data coverage:** 67%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 68.57 | 9% |
| growth | 92.38 | 9% |
| momentum | 83.51 | 12% |
| ownership | 42.92 | 24% |
| quality | 66.52 | 22% |
| valuation | 20.45 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 170% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 52.4%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 49.2 days to 112 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -42.82% | — | — |
| ebitda margin growth | -4.9% | 80.19% | 513.68% |
| net income growth | 42.66% | 363% | 170% |
| revenue growth | 45.43% | 107% | 79% |
| roce | 21.09% | 52.4% | 102.49% |
| roe | 26.33% | 53.14% | 57.78% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 107 | 143 | 121 | 243 |
| Expenses | 92 | 124 | 102 | 215 |
| Operating Profit | 15 | 19 | 19 | 28 |
| OPM % | 14 | 13 | 16 | 12 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 1 | 2 | 3 | 2 |
| Depreciation | 0 | 1 | 1 | 1 |
| Profit before tax | 14 | 16 | 16 | 26 |
| Tax % | 25 | 25 | 26 | 25 |
| Net Profit | 10 | 12 | 12 | 20 |
| EPS in Rs | 2062 | 2342 | 5.29 | 8.78 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 20 | 55 | 41 | 101 | 251 | 365 |
| Expenses | 19 | 53 | 40 | 94 | 216 | 317 |
| Operating Profit | 1 | 1 | 1 | 7 | 34 | 48 |
| OPM % | 3 | 2 | 2.1 | 7 | 14 | 13 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 1 | 0 | 1 | 4 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 1 | 0 | 6 | 30 | 42 |
| Tax % | 27 | 27 | 28 | 25 | 25 | 25 |
| Net Profit | 0 | 0 | 0 | 5 | 22 | 32 |
| EPS in Rs | 73.33 | 146.67 | 106.67 | 916 | 4406 | 14.07 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.03 | 0.03 | 0.03 | 0.05 | 0.05 | 23 |
| Reserves | 0 | 1 | 1 | 8 | 30 | 124 |
| Borrowings | 5 | 5 | 4 | 18 | 46 | 57 |
| Other Liabilities | 10 | 10 | 13 | 19 | 39 | 35 |
| Total Liabilities | 15 | 16 | 18 | 45 | 115 | 237 |
| Fixed Assets | 2 | 2 | 2 | 3 | 10 | 21 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 13 | 14 | 16 | 42 | 106 | 211 |
| Total Assets | 15 | 16 | 18 | 45 | 115 | 237 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 1 | -13 | -18 | -74 |
| Cash from Investing Activity | -2 | 0 | 0 | -2 | -7 | -17 |
| Cash from Financing Activity | 2 | 0 | -1 | 15 | 25 | 91 |
| Net Cash Flow | 0 | 0 | 0 | 1 | -1 | 0 |
| Free Cash Flow | -2 | 0 | 1 | -14 | -25 | -92 |
| CFO/OP | -76 | 15 | 161 | -159 | -42 | -127 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 168 | 66 | 89 | 92 | 89 | 96 |
| Inventory Days | 53 | 26 | 52 | 50 | 63 | 101 |
| Days Payable | 120 | 24 | 102 | 61 | 56 | 29 |
| Cash Conversion Cycle | 101 | 69 | 39 | 80 | 96 | 168 |
| Working Capital Days | -32 | -8 | -9 | 11 | 25 | 112 |
| ROCE % | — | 21 | 16 | 47 | 66 | 34 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 70% | 70% | 70% | 70% |
| FIIs | 3.85% | 4.55% | 0.59% | 0.59% |
| DIIs | 9.91% | 9.88% | 4.99% | 4.05% |
| Government | 0% | 0% | 0% | 0% |
| Public | 14.57% | 9.79% | 12.93% | 15.21% |
| Others | 1.67% | 5.78% | 11.49% | 10.15% |
| No. of Shareholders | 1830 | 39 | 1659 | 1882 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 208.99 | Sell |
| EMA (10) | 204.71 | Sell |
| SMA (20) | 207.93 | Sell |
| EMA (20) | 207.98 | Sell |
| SMA (50) | 218.24 | Sell |
| EMA (50) | 212.42 | Sell |
| SMA (100) | 215.63 | Sell |
| EMA (100) | 209.92 | Sell |
| SMA (200) | 200.23 | Sell |
| EMA (200) | 196.02 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.97 | Neutral |
| MACD (12,26,9) | -3.79 | Sell |
| Stochastic (14,3,3) | 5.22 | Buy |
| ADX (14) | 18.1 | Neutral |
| Williams %R (14) | -96.6 | Buy |
| ATR (14) | 8.47 | High Volatility |
| ROC (12) | -6.39 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 34.35 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1d924a8-a085-4905-86d0-6ac5f8756122.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba3c07a3-325b-4635-8d88-f4f7e2be5d62.pdf) |
| 2026-08-26 | [Announcement Under Reg 30 Of SEBI LODR 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d82efff6-1701-4b65-a624-66c58e7a80b5.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=64a2d2ec-674d-4a2a-beec-187d8973696a.pdf) |
| 2026-08-25 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9964e392-12da-4612-832e-44da9038b716.pdf) |
| 2026-08-25 | [11TH AGM OF THE COMPANY TO BE HELD ON WEDNESDAY 30TH SEPTEMBER 2026 AT 02:00 PM THROUGH VC/OAVM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d923cc6f-bdc8-4ac2-abac-5e4939bcfcfa.pdf) |
| 2026-08-25 | [EVSN Intimation For The 11Th AGM Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=244105ec-0c6a-414a-be2f-2de865587382.pdf) |
| 2026-08-25 | [Announcement Under Regulation 30 Of SEBI LODR Regulations 2015 For The AGM AGM Notice Annual Report EVSN Cut-Off Date/Record Date Book Closure Date Etc](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c041cd9-db96-4550-833e-ee71ae300764.pdf) |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ffb4da79-8f16-4d23-87c4-34b085933df3.pdf) |
| 2026-08-21 | [Corrigendum To Audited Financial Results Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59a7aaf9-8040-4624-8b8b-f7b125b645a2.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-06-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=019c9424-2d67-4ad8-8f0c-f5c0c2f8512a.pdf) |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5470945-b0e7-4a3d-8844-0e53485ff29f.pdf) |
| 2025-11-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9415f52f-981e-4a04-bb37-ca94384e7333.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-06 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e2897f8-9c81-452b-b362-c51c3da2b5b3.pdf) |
| 2025-11-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8b81103-af49-45ed-8e77-71df873cdfa7.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a8b81103-af49-45ed-8e77-71df873cdfa7.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e5470945-b0e7-4a3d-8844-0e53485ff29f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Mar - EGM on 06 Mar 2026 approved special resolution to change main object clause of MOA. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 6 Mar - EGM on 06 Mar 2026 approved special resolution to change main object clause of MOA.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/10f58185-236d-46f6-97a3-8c5b9bca85e7.pdf) |
| 6 Mar - EGM 6 Mar 2026: Alteration of MOA main object approved; 71.62% turnout; 15,771,989 votes in favour. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 6 Mar - EGM 6 Mar 2026: Alteration of MOA main object approved; 71.62% turnout; 15,771,989 votes in favour.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1852934-c30f-42e3-9462-60095beec71a.pdf) |
| 6 Mar - Analyst/Institutional virtual meeting on 06 Mar 2026, 15:00–15:40; no UPSI shared. | [Announcement under Regulation 30 (LODR)-Meeting Updates 6 Mar - Analyst/Institutional virtual meeting on 06 Mar 2026, 15:00–15:40; no UPSI shared.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6eea2c7-671a-437d-baca-1fa0c8442b58.pdf) |
| 31 Jan 2018 - Of extension of Corporate Insolvency Resolution process by 90 days from 17.12.2017 under section 12 of insolvency and Bankruptcy Code, 2016. | [Updates 31 Jan 2018 - Of extension of Corporate Insolvency Resolution process by 90 days from 17.12.2017 under section 12 of insolvency and Bankruptcy Code, 2016.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/1/59a8b199-ca60-4779-baf9-220d1b57f169.pdf) |
| 3 Apr - Regulation 74(5) certificate received for quarter and year ended 31 March 2026; all securities dematerialized. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Apr - Regulation 74(5) certificate received for quarter and year ended 31 March 2026; all securities dematerialized.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3e4d670d-a6eb-4b1d-9d86-dc0d2d617762.pdf) |
| 27 Apr - JD Cables completed registration on SEBI's SMART ODR portal on 27 April 2026. | [Announcement Under Regulation 30 27 Apr - JD Cables completed registration on SEBI's SMART ODR portal on 27 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ec3cfb3-c4ea-4a1a-a5e4-f395eb509cad.pdf) |
| 25 Apr - Q4 FY26 revenue rose 52%; FY26 revenue rose 45%, order book ₹515 crore, acquired Dankuni facility. | [Announcement For Business Update Q3 FY 2025-26 25 Apr - Q4 FY26 revenue rose 52%; FY26 revenue rose 45%, order book ₹515 crore, acquired Dankuni facility.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bafe3eb4-a4a5-4f72-b85d-0a6d89dbe579.pdf) |
| 20 Apr - JD Cables reported no deviation in IPO proceeds utilization for half-year ended 31 March 2026. | [Compliance To The Regulation 32, Statement Of Deviation And Variation For The Half Year And Year Ending As On 31St March 2026 20 Apr - JD Cables reported no deviation in IPO proceeds utilization for half-year ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d10286e6-1f20-4a50-9251-73a55f63425d.pdf) |
| 20 Apr - Crisil report for JD Cables’ IPO proceeds as of 31 March 2026 shows full utilization and no deviations. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 20 Apr - Crisil report for JD Cables’ IPO proceeds as of 31 March 2026 shows full utilization and no deviations.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66409280-0ade-4b83-a830-568106fa8d21.pdf) |
| 20 Apr - Board approved draft CRISIL monitoring agency report for IPO proceeds utilisation for quarter ended 31 March 2026. | [Board Meeting Outcome for Outcome Of Board Meeting 20 Apr - Board approved draft CRISIL monitoring agency report for IPO proceeds utilisation for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae05f69d-86df-4066-8bbd-b000ae45d299.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2025-11-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0bbbac5d-2e7e-4797-9306-0f206bbaee40.pdf) |
| 2025-11-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=100bbca5-8ea3-4a07-8f38-bfecbeb1c32e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-11-14 | [Un-Audited Financial Results Of The Company Prepared For The Half Year Ended As On 30Th September 2025 Together With The Limited Review Report Of The AuditorS Thereon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=541e7896-63fb-46f2-be69-e91e845b6096.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_SERVALL_2011_2012_11072012120545.zip) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010316.pdf) |
| from bse | [Financial Year 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010315.pdf) |
| from bse | [Financial Year 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010314.pdf) |
| from bse | [Financial Year 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010313.pdf) |
| from bse | [Financial Year 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010312.pdf) |
| from bse | [Financial Year 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/533401/5334010611.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:37:26.807Z.
