| Revenue growth | 45.7% YoY in FY26; 70% YoY in H2 FY26. |
|---|---|
| Margins | EBITDA margins 12-13%; EPC PAT margins targeted at 8%. |
| Order book | ₹515cr as of March 31, 2026; targeting ₹700-800cr by FY27. |
| Demand visibility | Strong, backed by ₹515cr order book and ₹1,000cr tender pipeline. |
| Management confidence | High, targeting doubling of capacity and 50-60% growth. |
Growth
FY26 Revenue grew 45.7% to ₹365cr; EBITDA increased 40% to ₹48.11cr. H2 FY26 revenue grew 70% YoY.
Outlook
Management guides 50-60% revenue growth for FY27. Doubling manufacturing capacity; ₹20-30cr capex planned for land and machinery.
Risks
Negative operating cash flows due to working capital intensity in EPC projects and rising inventory days.
Last quarter's promises, checked
Delivered
- Guided FY26 Revenue ₹350-360cr → delivered ₹365cr (= BEAT)
- Guided EBITDA margins 15-16% → delivered 13.18% (= MISS)
- Guided H2 FY26 CAPEX ₹6-7cr → delivered ₹16.45cr+ (= BEAT)
Partly delivered
- Guided Dankuni ops start Dec/Jan → delivered, but awaiting BIS/power (= PARTIAL)
Missed
- Guided EBITDA margins 15-16% → delivered 13.18% (= MISS)
- Guided FY26 PAT margins ~9.8% → delivered 8.69% (= MISS)
Earnings Call filed with BSE, BSE: 544524. Summary written with AI assistance from the document.
JD Cables Ltd: key numbers
- Share price
- ₹189.60
- Market cap
- ₹427.6 Cr
- Revenue (annual)
- ₹364.6 Cr
- Net profit (annual)
- ₹31.72 Cr
- P/E (TTM)
- 13.5×Sector 45.9×
- Promoter holding
- 70.00%+0.00% QoQ
- FII holding
- 0.59%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from JD Cables Ltd
All →JD Cables Bags ₹12 Cr Order from Reputed Private Entity
JD Cables won a Rs 12 Crore (incl. GST) work order for supply of Cables & Conductors from a reputed private entity. Delivery is due within four months.
- Value
- ₹12.00 Cr
- From
- Reputed Private Entity
- Execution
- 4 months
JD Cables Production Started
JD Cables Limited has commenced production at its new Cable Division manufacturing unit in Chakundi, West Bengal. This follows the prior launch of its Conductor Division.
JD Cables Earnings Call: Key Takeaways
JD Cables reports strong FY26 performance with Revenue at ₹364.59 Cr and PAT at ₹31.72 Cr. Strategy focuses on product expansion and strategic diversification into Infrastructure/Power EPC projects.
JD Cables Earnings Call: Key Takeaways
JD Cables reports strong H2 FY26 performance with 70% revenue growth, driven by expansion in cable product lines and infrastructure projects.
JD Cables H2 FY26 Results: Net Profit ₹19.8 Cr, Up 69.2% YoY
JD Cables Ltd reported revenue from operations of ₹243.3 Cr (+70.0% YoY) and net profit of ₹19.8 Cr (+69.2% YoY) for H2 FY26.
- Key figure
- Net profit ₹19.8 Cr · +69.2% YoY